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Gaming News Archives - Page 4840Casino Task Force Sends Message to Seneca Nation31 January 2003
News Brief: A task force that is helping to steer potential casino development in Buffalo sent a clear message to the Seneca Nation of Indians on Thursday, insisting that an agreement be negotiated to address many lingering concerns.
New York Governor Tries to Jump Start VLT Plan31 January 2003
News Brief: Governor George Pataki is trying to get a stalled plan for video lottery terminals at racecourses back on track.
Mohegan Sun, Foxwoods On Top for Now31 January 2003
News Brief: The Mashantucket Pequots and Mohegans will likely enjoy their `duopoly’ on casino gambling in New England for at least another year but the tribes are still paying attention to gaming proposals across New England and New York.
Kansas Casino Plans Outlined31 January 2003
News Brief: Plans for a $175 million Native-owned casino complex in Wyandotte County, Kansas were outlined Thursday before two legislative committees.
Casino Exec: Nevada Businesses Must Support Taxes31 January 2003
News Brief: MGM Mirage chairman Terri Lanni lashed out at Nevada's business community, insisting it must support a gross receipts tax to ease the state's budget deficit.
Le Reve: Dream or Folly?31 January 2003
Le Rêve is the mega-casino project with which Steve Wynn plans to silence his critics. Luxurious, audacious and fraught with risks, the dream will soon be a reality.
Powerball Hits $100 Million30 January 2003
The excitement is rising along with the jackpot as Powerball reaches $100 million for the second time in as many months.
Arizona Lottery Studies Problem Gambling30 January 2003
News Brief: A study funded by the Arizona Lottery seeks to find out how many Arizonans have a gambling problem and how best to spend $500,000 a year in education and treatment money.
Head of Illegal Gambling Ring Sentenced30 January 2003
News Brief: The man investigators called the `'big fish'’ behind an illegal gambling scheme that operated out of General Motors Corp.'s Lordstown fabricating plant will do six months in jail.
Aussie Bank Manger Sentenced for Stealing30 January 2003
International News Brief: A Melbourne bank manager stole almost AUD$4 million from BankWest will spend at least two-and-a-half years in jail. Of that, he spent AUD$2.8 million on himself, gambling at a casino and at the track and on overseas trips.
Odds Are Punxsutawney Phil Will See His Shadow30 January 2003
BetWWTS.com offers odds on whether or not the world's smallest and furriest weather forecaster, Punxsutawney Phil, will see his shadow predicting when winter ends and spring begins.
Trump Applies Himself30 January 2003
The Donald just wants to make the dollar. At least that's what developer Donald Trump says about his $1.7 million stake in the Riviera's parent company.
MGM Mirage Interested in South Boston30 January 2003
News Brief: MGM Mirage is eager to roll the dice in South Boston, where it envisions building a casino and entertainment complex near the state's struggling $800 million convention center.
Kerzner Drops Internet Gambling Operation30 January 2003
Citing the uncertain profit potential of legalized Internet gambling, resort owner Kerzner International Ltd. said Wednesday it will exit the business by discontinuing Kerzner Interactive, its online gambling division.
Moody's Upgrades Sands' Debt Ratings30 January 2003
Moody's Investors raised the debt ratings of Las Vegas Sands Inc., owner of the $1.5 billion Venetian hotel-casino on the Las Vegas Strip.
Mohegan Tribal Gaming Q1 Results Strong30 January 2003
Mohegan Tribal Gaming Authority reports the adjusted EBITDA for Q1 increased by $20.3 million, or 40.3%, to $70.6 million from $50.3 million for Q1 2001. Net income increased 159.4% to $20.3 million.
UKbetting Launches New Live Wagering Service30 January 2003
UKbetting is launching Interactive Systems Worldwide Inc.'s SportXction wagering system on a second web site.
Global Cash Access Signs New Contracts30 January 2003
Seneca Niagara Casino and 14 other gaming properties recently signed contracts to use the innovative products and services of Global Cash Access.
Dover Downs Gaming Q4, Fiscal Year Results Up30 January 2003
Dover Down’s gross revenues increased 14.7% to $51,604,000 compared with $44,996,000 for the Q4 2001. Net earnings were $4,238,000 or $.16 per diluted share compared with $4,654,000 or $.17 per diluted share for Q4 2001.
Trump's Loss Shrinks30 January 2003
Trump reported consolidated net loss for 2002 was $12.0 million, or $0.54 per share net of minority interest of $6.9 million, compared to a net loss of $25.3 million loss, or $1.15 per share net of minority interest of $14.6 million, for 2001.
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