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Gaming News Archives - Page 4880

 
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Atlantic City Slot Revenues Up Slightly

15 January 2003
News Brief: Atlantic City's dozen casinos won $4.38 billion from gamblers, up 1.8 percent over the previous year. It was the third straight year that revenue growth failed to keep pace with inflation.
 

Correction: Casino Values Increase Slightly Over Last Year

15 January 2003
The appraised value of casinos owned by Clark County's biggest property owners increased by a fraction over the prior year.
 

GTECH Awarded Contract Extension With Brazilian Lottery

15 January 2003
GTECH Corporation, and the operator of the Brazilian National Lottery, Caixa Economica Federal, have agreed to a contract extension whereby GTECH will continue to provide online lottery and financial services to Caixa through April 14, 2003.
 

InternetLOTO.com Partners with Vietnamese Internet Cafes

15 January 2003
Rimpac Resources has signed up a network of 815 Internet Cafes in Vietnam as affiliates to assist in the promotion and sales of e-lottery tickets on the InternetLoto web site.
 

Venture Catalyst Terminates Merger Agreement

15 January 2003
Venture Catalyst Incorporated has mutually agreed with Speer Casino Marketing, Inc. to terminate their agreement to merge.
 

Pinnacle Entertainment Appoints New Executive Vice President, CFO

15 January 2003
Pinnacle Entertainment reports that Steve Capp has joined the senior management team of the Company as Executive Vice President and Chief Financial Officer.
 

Alliance Gaming Q2 Results Mixed

15 January 2003
Alliance Gaming reports net income for Q2 2002of $11.9 million, or $0.24 per diluted share, on revenues of $173.6 million, compared to net income of $12.8 million, or $0.27 per diluted share, on revenues of $150.6 million for Q2 2001.
 

President Casinos Reports Loss for Q3

15 January 2003
For Q3 2002, President Casinos reported a net loss of $1.6 million, or $0.31 per share, compared to a net loss of $4.7 million, or $0.94 per share, for Q3 2001.
 

Rob Gillespie: The 2002 College Football Season in Review

15 January 2003
There is often a lot of talk that betting on college football is easier to win at than betting on the NFL and until this year our numbers supported that theory.
 

Las Vegas Sports Consultants Posts Odds on Super Bowl XXXVII

15 January 2003
Las Vegas Sports Consultant has released odds to win the 2003 Super Bowl based on the four possible scenarios of teams that are eligible.
 

MotorCity Casino Issues Slot Club Cards

15 January 2003
News Brief: MotorCity Casino has become the first gambling hall in the Metro Detroit market and the first among Mandalay Resort Group's 15 U.S. casinos to roll out a new convenience for line-averse patrons.
 

Mega Millions Jackpot Grows to $42 Million

15 January 2003
No ticket matched all six numbers to win the $35 million jackpot so the estimated jackpot for Friday's drawing grows to $42 million.
 

UK Football Legend: Players Steal From Children to Gamble

15 January 2003
International News Brief: English football legend, Tony Adams, claims top football stars addicted to gambling will steal cash from their children or feign injuries.
 

Conmen Bilk Austrian Casino

15 January 2003
International News Brief: A gang of conmen has won hundreds of thousands of dollars from an Austrian casino by planting a remote-controlled magnetic roulette ball on a table.
 

Casino Security Guard Files Wrongful Dismissal

15 January 2003
News Brief: A former Chumash Casino security employee filed a $5 million wrongful termination suit claiming the Santa Ynez Band of Chumash Indians fired him in retaliation for reporting alleged illegal gambling and card-counting activities.
 

Hundreds Training to be Arizona Blackjack Dealers

15 January 2003
News Brief: Hundreds of people are learning to deal blackjack in anticipation of the game's expected arrival at Arizona casinos in the coming months.
 

Study: Gambling on the Rise

15 January 2003
News Brief: With a proliferation of lotteries and casinos, gambling opportunities are spreading and, according to a study by the University at Buffalo's Research Institute on Addictions, the number of Americans making a wager is rising, too.
 

Powerball Jackpot Winner Creates Charitable Foundation

15 January 2003
Andrew "Jack" Whittaker is planning to establishing a charitable foundation with a significant portion of his Powerball winnings.
 

House Members Urge Bush to Abandon Gambling Proposal

15 January 2003
News Brief: Nevada’s House members wrote a letter to President Bush on Tuesday urging him to abandon a proposal that would require casinos to redirect the gambling winnings of parents who owe child support.
 

Aladdin in Need of a Genie

15 January 2003
News Brief: The Aladdin, which filed for bankruptcy protection just a year after its August 2000 opening, is now looking for something that has long attracted the broke and broken to Las Vegas: a second chance.
 


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