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Gaming News Archives - Page 4935Paul-Son Gaming Reports Loss14 November 2002
Paul-Son incurred a consolidated net loss for this quarter of approximately $564,000, or $.12 per basic and diluted share, compared to net income of approximately $137,000, or $.03 per basic and diluted share for this time last year.
Cost-Cutting Helps Boost Boyd Casino Returns14 November 2002
Cost control measures, including cuts in marketing and payroll expenses, helped boost third-quarter returns at Boyd Gaming’s Stardust hotel-casino.
MGM Mirage Repurchases Stock, Pays Down Debt14 November 2002
MGM Mirage has paid back $410 million in bank debt through the first nine months of 2002 and repurchased 2 million shares stock for $70 million during the same period.
New Casino Commission Chair Gets Down to Business14 November 2002
News Brief: New Jersey’s new top gaming regulator crisply presided over a 33-minute public meeting, just 26 hours after starting her job as chair of the Casino Control Commission.
Canterbury Park Holding Results Down14 November 2002
Canterbury Park earned income of $234,679 on revenues of $12,110,549 for Q3 2002, compared to net income of $378,103 on revenues of $12,196,624 for Q3 2001. Diluted earnings per share were $.06 compared with $.10 for Q3 2001.
WMS Industries Files to Amend Complaint Against Shuffle Master14 November 2002
WMS Industries Inc. has filed a motion seeking leave to amend the lawsuit it filed against Shuffle Master in September 2002 in the United States District Court.
Industry's Biggest Names Confirmed for 9th Annual American Gaming Summit14 November 2002
Many of the gaming industry's most respected executives and analysts will share their views at the Ninth Annual American Gaming Summit January 9-10, 2003, at the Rio All-Suite Hotel and Casino in Las Vegas.
Youbet.com Announces Players Trust14 November 2002
Youbet.com reports the formation of the Players Trust, a secure, third party trust account controlled and managed by Comerica Bank.
Horseshoe Gaming Results Down14 November 2002
Horseshoe Gaming Holding reported Q3 2002 net income of $24.8 million versus $174.3 million for Q3 2001 and net revenues of $211.9 million as compared to $219.4 million in 2001.
Cendant Corp., Trump Atlantic City Casino Enter Marketing Alliance14 November 2002
Cendant’s Fairfield Resorts, Inc., has signed a new exclusive strategic marketing alliance with three Atlantic City Trump hotel casinos.
Senator McCain to Resurrect Sports Betting Ban Effort14 November 2002
News Brief: Senator John McCain says he will resume efforts next year to prohibit Nevada sports books from taking bets on amateur athletic events.
California Gambling Taxes Beat Projections14 November 2002
News Brief: The first round of Indian gambling taxes paid to the state has come in substantially higher than expected, setting a pace that should generate nearly $100 million during the first year.
New Task Force Studying Growth in Massachusetts14 November 2002
News Brief: The gaping budget deficit, the new governor's anti-tax promises, and the encroachment of casinos in neighboring states has made expanded gambling an imminent possibility in Massachusetts, according to a new task force.
Critics Line Up Against Ohio Slot Proposal14 November 2002
News Brief: The opposition is lining up against a proposal to allow lawmakers to place electronic slot machines at Ohio's seven racetracks without a constitutional amendment.
Rank Applauds Liberalized Gaming Rules14 November 2002
International News Brief: Leisure group Rank was yesterday singing the praises of liberalised gaming rules allowing jazz music and alcohol in its casinos.
Illinois Casinos Campaign Online14 November 2002
News Brief: Normally accused of hidden agendas and backroom deals, Illinois' nine casinos are using some Internet sunshine in hopes of persuading lawmakers to roll back taxes and allow as many slot machines and table games as the market can bear.
Florida Voter Mandate May Unleash Gambling14 November 2002
News Brief: Governor Jeb Bush adamantly opposed expansion of gambling during his first term. But with a voter mandate to shrink class sizes, he might have to consider it, he says.
Riverboat Casino Creates Turf Battle14 November 2002
News Brief: A riverboat proposed Oklahoma’s Arkansas River is at the centre of a tribal turf war. One tribe wants to build the casino and another is saying no because the Arkansas River belongs to them.
Tribal Leaders: Gaming Symposium Excludes Tribal Governments14 November 2002
An upcoming symposium on gaming slated in Sacramento for Thursday is deliberately excluding tribal representatives and is based upon an anti-Indian agenda, tribal leaders charged Wednesday.
Community Game is Now Online13 November 2002
The newly launched All Win Bingo has taken the best elements of a small-town bingo hall and brought them online with sophisticated software and fun interactive graphics.
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