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Gaming News Archives - Page 4933iGames Entertainment Generates Revenues For Q315 November 2002
iGames reported that it generated approximately $26,000 in first revenues with approximately $103,000 pending for Q3 2002.
Detroit Casinos Report Rare Dip15 November 2002
News Brief: Combined monthly revenues for Detroit's three casinos fell 1 percent in October compared with the same month last year, the first time the local casino industry has experienced a drop in monthly business.
Gaming Insight Rebrands Gobarkingmad, Casino Operations15 November 2002
International News Brief: Gobarkingmad, the interactive TV greyhound racing channel, is to be rebranded by owner Gaming Insight, while the group is also axing some of its big money online casino operations, despite years of development.
Concorde Gaming CFO Resigns15 November 2002
Concorde Gaming reports the resignation of Gary R. Fish as the Company's Chief Financial Officer effective November 25, 2002.
Nevada Gold & Casinos Reports Strong Q2 Results15 November 2002
For Q2 2003, revenues increased 621% to $1.35 million compared to $186,981 in the Q2 2002. Net income was $1.93 million compared to net income of $993,881 in Q2 2002, a 94% increase.
Youbet.com Loss Narrows15 November 2002
Youbet.com’s operating loss of $2.1 million for Q3 was down from a $3.7 million loss in Q3 2001, an improvement of $1.6 million.
Venture Catalyst Reports Loss15 November 2002
Venture Catalyst reported a net loss this quarter, of $2,362,000, or $0.33 loss per share. This compares with net loss of $2,380,000, or $0.33 loss per share, for the same period in the prior year.
Seneca Gaming Compact Gets Mixed Review15 November 2002
News Brief: U.S. Secretary of the Interior Gale Norton has approved a gaming compact between the New York and the Seneca Nation of Indians, but she is concerned that Governor Pataki’s lucrative revenue-sharing plan is stretching the limits of the law.
Nevada Casino Tax Issues Take Centre Stage15 November 2002
The casino industry expects tax issues to dominate Nevada's 2003 legislative session, and plans to use its considerable influence to pass a broad-based business tax as part of a solution to the state's fiscal woes, Nevada Resort Association President Bill Bible said.
New Missouri Political Era Raises Questions About Gaming15 November 2002
News Brief: With 102 freshman lawmakers heading to Jefferson City, Missouri, in January, gambling industry officials are unsure about what to expect.
New England Capitalizing on Native Operators15 November 2002
News Brief: The two Indian casinos in eastern Connecticut have brought a significant number of leisure travelers to the state from Massachusetts and Rhode Island, according to state tourism officials.
Mexico's Tourism Slump Pushes Legalized Gambling Effort15 November 2002
International News Brief: The gambling issue has been around for years, but Mexican lawmakers say this year's downturn in tourism may ensure it passes, giving up to a 90 percent probability that a bill legalizing gambling will pass before year's end.
Barona Casino Ready for Launch15 November 2002
News Brief: The Barona Band of Mission Indians is set to launch a new resort and casino, a $260 million undertaking, designed to rival anything in Las Vegas.
Oklahoma Company Testing Missouri Waters15 November 2002
New Brief: The president of an Oklahoma company interested in bringing gambling to Miller County, Missouri, says the proposal is in the hands of state and county officials.
Michigan Casino Decision Overturned15 November 2002
News Brief: A court decision three years ago in favor of Michgian casino opponents has been overturned on appeal.
Isle of Capri Founder: Ex-President Lured Away Executives15 November 2002
News Brief: The founder of the Isle of Capri Casino on Thursday told a jury that he blames the company's former president for several executives leaving the casino to work for a competitor.
Rob Gillespie: Football vs. Basketball, A Bookie's View14 November 2002
This week, we’ll look at basketball a little more from the perspective of a book manager.
Magna Acquisition of Maryland Jockey Club Approved14 November 2002
The Maryland Racing Commission has unanimously approved the acquisition by Magna Entertainment Corp. of the controlling interest in Pimlico Race Course and Laurel Park, which operate under the trade name The Maryland Jockey Club.
Ex-Baseball Commissioner Gambled with League's Funds14 November 2002
A former baseball commissioner who gambled away thousands of dollars in funds from a youth baseball league he controlled has pleaded guilty to felony theft charges in a related case.
Women Gambled with Child Care Money14 November 2002
International News Brief: Eleven South African women, caught gambling with child-grant money meant for their children, have been sentenced to three months in jail or a fine each.
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