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Gaming News Archives - Page 4901Texas to Join Mega Millions5 August 2003
News Brief: The Texas Lottery Commission voted Tuesday to join 10 other states in the multistate lottery Mega Millions.
Inside Gaming Column: Wynn Feeling Sure About Macau5 August 2003
A selection of news and views from inside the gaming industry this week.
Great Canadian Gaming Acquires Destination Casino5 August 2003
Great Canadian Gaming Corporation has completed the acquisition of a 67%
interest in the Jack O'Clubs Gaming Hall Ltd. in Wells, BC.
Judge to Join Atlantic City Board5 August 2003
News Brief: Municipal Court Judge Dianna Fauntleroy, who also serves as the City Council attorney for Atlantic City, will walk away from both positions this week to become general counsel for the Casino Control Commission.
Six Companies Interested in Illinois Gaming License5 August 2003
News Brief: With legal uncertainty shrouding Emerald Casino's troubled gaming license, just four companies submitted bids to buy it. Two other groups have expressed interest.
Sportsbook Scene by Buzz Daly5 August 2003
Opinion: Despite seizure of $1.6 million from a consultant,
the sky is not falling on Carib Sports or its players.
Canadians Face Lottery Fraud Charges5 August 2003
News Brief: Seven Canadians face criminal charges that they ran a phony lottery scheme that sought to defraud consumers in the United States using telemarketing, the U.S. Attorney's office in Boston said Friday.
Montana Gambling Revenue Up5 August 2003
News Brief: Although state revenues were down, Montana's gambling tax revenues increased 5.8 percent over the past year.
Governor Bush to Decide on Poker Rooms Today5 August 2003
News Brief: Gambling opponents are watching to see whether Governor Jeb Bush would sign a bill they fear will increase the payouts dramatically at poker rooms at dog tracks and other pari-mutuel betting operations.
Australian Official Criticizes Dependence on Gambling Revenue5 August 2003
International News Brief: Victorian treasurer Peter Costello has accused the states of failing to help gambling addicts, claiming they have let the problem fester because it was pumping billions of dollars of extra taxes into their coffers.
The N.Y.R.A. Tries to Head Off a Criminal Indictment5 August 2003
News Brief: New York Racing Association officials will meet with federal prosecutors on Tuesday in an effort to head off a possible criminal indictment that could put the racing association out of business, two racing industry officials said today.
Jamaica Illegal Lottery Raided5 August 2003
International News Brief: The Jamaican authorities have Government intensifies its probe into last Saturday's multimillion-dollar illegal Cash Pot bust.
Man Admits Tax Fraud: Ran Illegal Gambling Operation5 August 2003
News Brief: A Dedham man is facing up to five years in federal prison after he pleaded guilty this week to hiding close to $162,000 in earnings from an illegal gambling operation from the U.S. Internal Revenue Service.
Russian Casino Baron Guilty of Abduction5 August 2003
International News Brief: St Petersburg entrepreneur Mikhail Mirilashvili, whose family runs a chain of casinos and gambling arcades in Russia’s northern capital, has been found guilty of abduction and sentenced to 12 years in a high-security prison.
Burswood Shares Fall after Warning5 August 2003
International News Brief: Burswood shares fell nearly 6 per cent at one point yesterday as investors fled the stock in the wake of Friday night's second profit warning from the casino operator in three months.
Guam Gaming Ballot Possible5 August 2003
International News Brief: The Citizens for Economic Diversity is now pushing for a special election, and proved its point by submitting signatures of more than 3,600 people who support holding a special election for casino gaming.
Education Urged for Missouri Gamblers5 August 2003
News Brief: An entire month — as opposed to one week in past years — is being devoted to problem-gambling issues and training of riverboat casino staff to recognize signs in players.
Alliance Gaming Reports Income Up5 August 2003
Alliance reports income of $15.0 million, or $0.30 per diluted share, on revenues from continuing operations of $121.1 million, up from income of $10.8 million, or $0.22 per diluted share, on revenues of $86.5 million for Q4 2002.
Park Place Submits Bid for Chicago Casino5 August 2003
Park Place Entertainment has submitted a bid to build and operate a Caesars brand casino to serve the greater Chicago market.
Aristocrat Settles Colombian Contract Dispute5 August 2003
Aristocrat Leisure Ltd. has settled a dispute with a Colombian customer, effectively ruling off on a disastrous contract that exposed deep- seated problems within the company.
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