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Gaming News Archives - Page 4916The Sands Regent Reports Strong Q1 Results4 November 2002
For Q1 2003, the Sands Regent reported revenues of $15.8 million, a 76% increase compared to $9.0 million for Q1 2002. Income from operations increased 166% to $2.4 million for Q1 2003 from $915,000 in the corresponding period of fiscal 2002.
Table Trac Reports Loss for Q34 November 2002
Q3 revenues rose to $117,276, compared to $27,347 in Q3 2001. The net loss was $31,817, or $0.01 per share, compared to a net loss of $79,450, or $0.02 per share.
Century Casinos Results Dip for Q34 November 2002
For Q3 2002, Century Casinos reported net operating revenue of $7,885,000 compared to $7,901,000 for Q3 2001. Net earnings were $453,000, or $0.03 per share, compared to $687,000, or $0.05 per share, for Q3 2001.
Thai Gambling Dens Target of Probe4 November 2002
International News Brief: Ten large gambling dens are paying monthly kickbacks to Bangkok police, according to a disgraced Special Branch officer.
Voters in Eight States to Decide Gambling Issues4 November 2002
News Brief: Citizens in eight states will go to the polls Tuesday to vote on expanded gambling, from a casino in Huntington, West Virginia, to a multistate lottery in North Dakota.
Casino Owner Tied to Elliott Case4 November 2002
Prosecutors are curious about the amount of money real estate agent Joe Elliott loaned Dewayne Williams, a gambling boat owner, in Elliott's impending trial for racketeering, bribery and money laundering.
Bondholders Sue Black Hawk Casino4 November 2002
Trustees representing bondholders owed $100 million have launched foreclosure procedures against the owner of the Black Hawk Casino by Hyatt.
Gambling Thrives in Singapore Despite Ban4 November 2002
International News Brief: Top officials have rejected a proposal to let casinos open in Singapore but gambling is already a huge industry in the island, where legal and underground firms thrive on a collective passion for punting.
New Zealand Online Casino Expanding4 November 2002
International News Brief: New Zealand’s Christchurch Casino is expanding its online gambling business after getting the green light last month from regulators for its internet casino targeting overseas punters.
Camelot's Growth Plan Blocked4 November 2002
International News Brief: The U.K. Government will block any moves by Camelot to diversify into other forms of gambling.
Casino Lifts Minnesota Tribe Out of Poverty4 November 2002
News Brief: Casino money has changed life for the Fond du Lac Band of Lake Superior Chippewa.
Magna, Churchill, NYRA Announce Joint Plans for Higher Tote Security4 November 2002
News Brief: The nation’s three largest racetrack owners announced joint plans to institute new security measures at all totalizator stations within their facilities.
Support for California Casinos Waning4 November 2002
News Brief: Although a majority of Sonoma County voters backed tribal gaming in California two years ago, a newspaper poll found that only a third wants casinos in their own community today.
Court Won't Hear Louisiana Case4 November 2002
News Brief: Cameron Parish's last attempt to get two gambling-related propositions on Tuesday's ballot failed Saturday when the Louisiana Supreme Court refused to hear arguments in the case.
Fired Autotote Employee, Pick Six Bettor Attended College Together4 November 2002
News Brief: Chris Harn, 29, the Autotote employee, and Derrick Davis, 29, the Baltimore man who said he made the winning wager worth $3.1-million, both attended Drexel University in Philadelphia.
Navajo Drafting Own Gaming Compact with New Mexico4 November 2002
News Brief: The Navajo didn’t sign the New Mexico state gaming compact, instead they are drafting their own gaming compact it plans to present to the state of New Mexico that would give the Nation more legal jurisdiction over activities at the casino.
Pari-Mutual Industry Reacts to Pick Six Probe1 November 2002
News Brief: Regardless of the outcome of the probe into suspicious Breeders' Cup Ultra Pick Six wagers, the situation figures to trigger a review of how the pari-mutuel industry conducts its business.
Australian Bookmaker's Ban Lifted1 November 2002
International News Brief: The Australian Supreme Court granted Robbie Waterhouse's wish by temporarily lifting the bookmaker's disqualification, which bars him from courses and stables nationwide.
Analysts Debate Over Racing Regulation1 November 2002
Some observers support the economic aspects of regulation of horse racing, particularly in view of the sweeping changes in the legal gambling market in the last few decades. Others argue there is a powerful case for deregulation.
Space Alien Robs Montana Casino1 November 2002
News Brief: A man wearing a space alien mask robbed a Billings, Montana, casino on Halloween.
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