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Gaming News Archives - Page 4885

 
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No Action Against Sky City Leak

22 July 2003
International News Brief: The New Zealand Securities Commission will take no action after an insider trading probe prompted by a leak of confidential management accounts from casino operator Sky City.
 

Sydney Lottery Hopefuls Bet on Long-Odds

22 July 2003
International News Brief: Lottery players in Sydney are more likely than country dwellers to opt for long-odds, big-win lottery options such as Powerball.
 

Accused Mob Son Sentenced for Gambling

22 July 2003
News Brief: The son of a reputed Gambino crime family captain has been sentenced to prison after pleading guilty to taking part in a gambling operation that took in $30 million worth of wagers a year.
 

Slots: Will Vancouver, B.C. be Seduced?

22 July 2003
News Brief: New casinos with slots have recently been approved in Langley, Surrey and Richmond. This Thursday, the issue comes to Vancouver City Council.
 

Adelson Reveals Macau Plans

22 July 2003
News Brief: Sheldon Adelson has unveiled plans for a $5 billion to $10 billion project to turn a strip of reclaimed land in Macau into a huge resort patterned after its flagship Venetian property.
 

California Churches Move Against Casino Plan

22 July 2003
News Brief: Fearing a moral breakdown, the clergy is moving in to fight plans for an Indian casino in Barstow, California.
 

Casino has Transformed Oneidas

22 July 2003
News Brief: The Turning Stone Casino Resort has been an inexhaustible jackpot for the Oneidas, transforming the once poverty-stricken, land-poor tribe into a major economic and political force in central New York.
 

U.S. Internet Gambling Crackdown Sparks WTO Complaint

22 July 2003
International News Brief: The World Trade Organization today said it will appoint a three-member panel to determine if U.S. efforts to crack down on offshore Internet gambling operations violate international trade accords.
 

Nebraska Lottery Sales Up

22 July 2003
News Brief: Nebraska ticket sales increased 9.4 percent for the fiscal year.
 

Arizona Casinos Expected to Generate $1 Billion

22 July 2003
News Brief: Arizona's Indian casinos are estimated to generate about $1 billion in annual gambling revenue, or almost 7 percent of the national take.
 

Shady Insurance Directors Put $7 Million Through Aussie Casinos

22 July 2003
International News Brief: The directors of a company that sold allegedly worthless insurance policies to the high-performance end of the car market put more than $7 million through the gambling tables of Melbourne's Crown Casino.
 

Harness Racing Past is Still Present

22 July 2003
News Brief: With the decline of harness racing over the past 20 years, the Saratoga Harness Racing Museum and Hall of Fame has become one of the city's forgotten treasures.
 

New Caesars Palace at Sea on Luxury Liner

22 July 2003
Caesars Palace at Sea stamped its passport in new ports around the world this month during the inaugural voyage of Crystal Serenity luxury liner.
 

Taj to Add Some Sparkle to A.C.'s Night Sky

22 July 2003
News Brief: A segment of the Boardwalk will go dark Saturday night and a massive aerial display of lights, pyrotechnics and music atop Trump Taj Mahal will begin the casino's weeklong ‘Lights of Freedom’ show.
 

Merrill Upgrades Argosy Gaming

22 July 2003
News Brief: Merrill Lynch upgraded Argosy Gaming to buy from neutral.
 

Indiana Casinos Break Record

22 July 2003
News Brief: Indiana's casinos took in $2.16 billion during the past year, up from $1,92 billion the year earlier, thereby setting a state record for casino receipts.
 

Harrah's Entertainment Reports Taxes Cause Decline

22 July 2003
Net income for Q2 was $76.7 million, down 10.9 percent from $86.1 million in Q2 2002. Q2 diluted earnings per share were 69 cents, compared with diluted earnings per share of 75 cents in Q2 2002.
 

Riviera Reports Q2 Results Down

22 July 2003
Riveria reports net revenues for Q2 were $48.3 million, down 2.7 percent from net revenues of $49.7 million in Q2 2002. Income from operations was $4.4 million, down $1.3 million from Q2 2002.
 

Earnings: Advisers: Interpret With Care

22 July 2003
With publicly traded companies reporting their financial performance for the second quarter, Wall Street analysts are sounding alarms that corporate earnings are the most degraded in a decade owing to accounting shenanigans.
 

Nevada Lawmakers Approve $836 million Tax Plan

22 July 2003
News Brief: State lawmakers gave final legislative approval to a record $836 million tax increase late Monday night, ending a legal battle and months of bitter wrangling over how to fund fast-growing Nevada's two-year budget.
 


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