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Gaming News Archives - Page 4936Trump Names New Executive14 October 2002
Gaming industry veteran Paul R. Ryan has been named head of the Trump Marina Hotel Casino.
Barron's Critic Bearish on Wynn14 October 2002
The initial public stock offering for Steve Wynn's $2.4 billion Le Reve casino resort in Las Vegas could be running into trouble, according to a Barron's commentator.
Alliance Gaming Reports Mixed Results for Q114 October 2002
Alliance Gaming reports net income for Q1 totaled $6.3 million, or $0.13 per diluted share, on revenues of $146.7 million. For Q1 2001, Alliance reported net income of $7.4 million, or $0.16 per diluted share, on revenues of $130.0 million.
iGames Entertainment Begins Trading on Nasdaq14 October 2002
iGames Entertainment Inc. will begin trading on the Nasdaq OTC Bulletin Board Exchange under the symbol: "IGMS".
Tunica Celebrates 10 Years of Casinos14 October 2002
News Brief: What once was an annual contender for the most impoverished county in America has undergone an economic revolution since the first casino opened up in 1992. Tunica county is now the third-largest casino destination in America.
Global Sports Edge Sues Online Competitors14 October 2002
Global Sports Edge, a sports handicapping service provider, is suing to stop online sports-betting entities from stealing and selling the handicapping services and selections of its sports handicappers to their subscribers.
Study: Tribal Casino Won't Hurt Indiana Riverboats14 October 2002
News Brief: The Miami of Oklahoma can open a casino in Gary, Indiana, without hurting the existing riverboat casinos, according to a new study paid for by the tribe.
Mini-Venetian Proposed in Omaha, Nebraska14 October 2002
Las Vegas casino executive William Weidner of The Venetian went to Omaha, Nebraska and made a pitch for a gambling resort to business and political leaders.
UK Jockey Club Sough Help11 October 2002
Bookmakers have been used to launder money through fictitious bets and the UK Jockey Club have admitted they are powerless to do anything about it.
Elusive Hi-Roller Leaves Melbourne After Huge Losing Streak11 October 2002
International News Brief: Australia’s Crown casino's biggest gambler has deserted Melbourne after a AUD$93 million losing streak.
China Imposes New Web Cafe Rules11 October 2002
News Brief: China has imposed strict new limits on Internet cafes, banning minors and demanding that operators keep records of customers and the information they access.
Aerospace Employees Claim Half of $82 Million Jackpot11 October 2002
A group of 30 Gulfstream employees have come forward to claim half of Wednesday's California SuperLotto Plus jackpot of $82 million.
President Casinos Reports Loss for Q211 October 2002
For Q2 2002, President Casinos reported a net loss of $2.0 million, or $0.39 per share, compared to a net loss of $2.3 million, or $0.46 per share, for Q2 2001.
Isle of Capri Pulls Stock Offer11 October 2002
News Brief : Isle of Capri Casinos Inc. is withdrawing a plan to offer 5.35 million common shares because of market conditions.
Casino Insiders Buying, Selling11 October 2002
Park Place CEO Thomas Gallagher on Wednesday purchased 25,000 shares of stock at $6.38 per share and another 25,000 shares at $6.20. Mandalay Resort Group CFO Glenn Schaeffer sold 733,333 shares for $24 million.
NASDAQ to Maintain Listing of Lakes Entertainment Stock11 October 2002
The NASDAQ Listing Qualifications Panel has determined to continue the listing of Lakes Common Stock on the NASDAQ National Market.
VGME to Acquire Insatcom-Earthlink11 October 2002
Virtual Gaming Enterprises has entered into a definitive Letter of Intent to acquire Insatcom-Earthlink, an international data transmission and infrastructure company.
Australia's Burswood Q1 Below Expectations11 October 2002
International News Brief: Australia's Burswood reports that its first quarter performance has been lower than expected due to a very low win percentage for the casino operator with international customers.
Sega Gaming Technology Accused of Defamation11 October 2002
Next Generation Technologies, which was accused by its Las Vegas partner Sega Gaming Technology Inc. of defaulting on $604,904 in payments for gaming equipment, is suing to stop Sega from defaming the company and stealing its clients.
Harrah's Wins $2 Million Suit Against Rod Stewart11 October 2002
A federal judge ordered singer Rod Stewart and his company to return a prepaid $2 million fee after they were found to have breached an agreement to perform at a scheduled Dec. 30, 2000, concert at Harrah’s Rio.
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