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Gaming News Archives - Page 4927National Jockey Club Meets Opposition with Bailout Bill21 November 2002
News Brief: Officials from the National Jockey Club were expected to face stiff opposition in the state capital of Springfield, Illinois, on Tuesday to a proposed bailout bill that would save the financially beleaguered Thoroughbred racing organization.
Vargas Suspended for Steroids21 November 2002
News Brief: Nevada Athletic Commission has suspended Fernando Vargas for nine months and fined him $100,000 for taking steroids. The boxer says that he was not aware that he was taking the performance enhancing substance.
PokerStars Poker Tournament Attracts 1,500 Contestants21 November 2002
PokerStars has hosted the largest poker tournament of any kind in history. The tournament attracted a record-shattering 1,500 players competing for $10,000 in prize money.
Powerball Soars to $52 Million21 November 2002
Because no one correctly matched all six numbers in Wednesday's drawing the jackpot will grow to an estimated $52 million.
Interactive Systems, UKBetting Launch Totalbet Live21 November 2002
The `totalbet live’ system incorporates Interactive Systems Worldwide Inc.’s patented SportXction software into ukbetting's online sports wagering services.
Hungary Largest Jackpot Up for Grabs21 November 2002
International News Brief: Hungary's biggest lottery jackpot will be up for grabs on Saturday after 24 weeks is a row without anyone guessing the correct five numbers.
School Administrator Embezzled to Feed Gambling21 November 2002
A middle school administrator who developed a gambling problem stole thousands of dollars collected through student activities, Nevada school officials said.
Gamblers Allowed to Drink on the Beach21 November 2002
News Brief: Atlantic City casino patrons would be allowed to buy and drink alcohol in designated areas along the city's beachfront under a measure approved this week by the City Council.
Rank Group Online Gaming Grows21 November 2002
News Brief: The interactive arm of Rank Group, the national gaming and bingo firm, is attracting weekly gambling levels of more than £1.5 million online.
Casino Windsor Numbers Still Down21 November 2002
News Brief: A year after the Sept. 11 terrorist attacks raised border tensions, revenue at Ontario’s Casino Windsor is down 10 percent from the same period last year.
Mississippi Coast Casinos Have Strong October21 November 2002
News Brief: Mississippi Coast casinos won $93.2 million in October, up by nearly 3 percent from October 2001, despite Treasure Bay Casino being closed for almost two weeks and Hurricane Lili shutting down business at all casinos for a day.
Mandalay: Casinos' Luck Went Bad, Profits Hurt21 November 2002
News Brief: Mandalay Resort Group said third-quarter earnings before special items would fall short of Wall Street estimates because of a losing streak by the house at the end of October.
Fitch Rates Harrah's Entertainment Debt21 November 2002
Fitch Ratings has assigned ratings of 'BBB-' to Harrah's Entertainment senior unsecured notes and senior unsecured bank facilities.
Magna Receives Final Approval for Maryland Jockey Club Acquisition21 November 2002
The Virginia Racing Commission has unanimously approved the acquisition by Magna Entertainment of the controlling interest in Pimlico Race Course and Laurel Park, which operate under the trade name The Maryland Jockey Club.
Arizona Tracks Move Against Tribal Casinos21 November 2002
News Brief: A Superior Court judge on Friday will consider a request by horse and dog racetracks for an injunction barring Gov. Jane Hull from signing new gambling agreements with Arizona tribes.
Omaha Chamber Changes View on Gambling21 November 2002
News Brief: After fighting expanded gambling for more than a decade, Nebraska’s largest chamber of commerce appears ready to change its stance on the issue in light of a shift in public opinion.
Penn National Sued Over Casino Move21 November 2002
Penn National Gaming Inc. said that the owner of a majority of the property where its Boomtown Biloxi Casino is located has begun a declaratory judgment action against the company in the U.S. District Court for the Southern District of Mississippi.
Station Putting Internet Projects on Hold21 November 2002
Station Casinos Inc., one of the gaming industry's most aggressive proponents of Internet gambling, has put its online wagering initiatives on hold due to their uncertain legal status.
Work Begins on North Dakota's Powerball Entry21 November 2002
News Brief: In an attempt to speed North Dakota's entry into the Powerball lottery, a group of seven lawmakers will be appointed to work with Attorney General Wayne Stenehjem on legal and regulatory questions.
Indiana Lawmaker Becomes Lobbyist21 November 2002
News Brief: After winning an uncontested race Nov. 5, Indiana Rep. Michael Smith is resigning in order to become the new executive director of the Casino Association of Indiana.
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