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Gaming News Archives - Page 4865Woman Hits $1.6 Million Elvis MegaJackpot8 January 2003
Iris South, of Memphis, celebrated Elvis Presley's birthday early when she won $1,618,783.07 on an Elvis video slot machine at the Horseshoe Casino in Tunica, Mississippi.
Australian Government Urged to Start Problem Gambling Agency8 January 2003
International News Brief: The Australian Government will be urged to set up a problem-gambling agency modelled on the Quit anti-smoking campaign as part of its restructured gaming administration.
Pennsylvania Lottery Number No Longer Available8 January 2003
Effective immediately, the 900 phone number for the Pennsylvania Lottery's winning numbers will no longer be available.
Gaming Stocks Drop on Year-End Results8 January 2003
Las Vegas casino stocks took a nosedive this morning after two major Strip operators that together control the most rooms on the Strip -- Mandalay Resort Group and MGM Mirage -- announced their earnings would be much lower than analysts' estimates.
MGM Mirage Warns On Q4, Casino Shares Hit8 January 2003
News Brief: MGM Mirage said it expects quarterly results to lag Wall Street estimates, prompting analysts to lower their view of the industry on further signs of a disappointing holiday travel and gaming season.
Las Vegas Casino Shares Go Bust8 January 2003
News Brief: Two earnings warnings, coupled with analyst caution and a triple downgrade, had Las Vegas casino shares going bust this week.
Moon Casino to Build Permanent Display8 January 2003
Moon Resort and Casino creator, Michael R. Henderson, is encouraged public’s response to the resort. Stage two of development calls for a 6,000 sq ft, permanent display center located in Las Vegas, Nevada.
Satre to Receive Lifetime Achievement Award8 January 2003
Phil Satre, Chairman of Harrah's Entertainment, will receive the Lifetime Achievement Award at the American Gaming Summit January 9.
Mandalay Resort Group Lowers Quarterly Expectations8 January 2003
Mandalay says that earnings per share for Q4 will to be closer to $.10 than to prevalent analysts' estimates near $.20.
Online Gaming Systems Receives Software Certification in Australia8 January 2003
Online Gaming Systems Ltd. Reports its FIRE system has been certified as compliant with respect to the Australian Treasury Technical Functionality requirements.
Kentucky Legislator to Introduce Expanded Gambling Bill8 January 2003
News Brief: A Kentucky legislator plans to introduce a bill for racetrack-based gaming, but he said the state might have to look to casino gambling at locations other than tracks in the future.
Scotland Concerned About Poker Machines8 January 2003
International News Brief: The Scottish parliament expressed its concern today at gambling machines in betting shops which offer prizes of up to £50,000.
Repeal of Las Vegas Nights Law Likely to be Challenged8 January 2003
News Brief: Indian tribes and their supporters are challenging an attempt by the state to stop more casinos from opening in Connecticut, a move they say is unfair and discriminatory.
Trade Group Names Committee8 January 2003
Executives from International Game Technology, Bally Gaming and Systems and Konami Gaming Inc. will co-chair a new technical committee of the Gaming Standards Association, an international trade group that defines, develops and promotes operating standards for the gaming industry worldwide.
California Looks at Casino Proposal8 January 2003
News Brief: A California initiative to make Adelanto synonymous with Las Vegas and Atlantic City is back.
Iowa Casino Winnings Rise on Mild Winter8 January 2003
News Brief: Iowa's riverboats and casinos had record gross casino revenues of $484.7 million over the past six months, credited, in part, by balmy winter weather and lower home heating bills.
Gambling: Dividend Plan May Lift Casinos8 January 2003
Gaming stocks stand to get a big boost from the Bush administration's proposal to eliminate federal taxes on dividends, industry analysts and insiders said Tuesday.
Iowa Gambling Tax System in Disarray8 January 2003
News Brief: As if a state budget crunch weren't enough, the Iowa Legislature faces a gambling tax system in turmoil when it returns to its chambers Jan. 13.
California Senator Calls for Eliminating Cap on Slot Machines8 January 2003
A prominent California legislator believes eliminating the cap on the number of slot machines tribal governments are allowed to operate will help ease the state's budget crisis.
E-gambling Summit Eyes Payment Alternatives8 January 2003
News Brief: Online gambling and betting executives from around the world were in Costa Rica on Tuesday to consider new payment options for their four-billion dollar industry after US credit card companies pulled the plug on the party.
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