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Gaming News Archives - Page 4938VirtGame Receives Nevada License24 October 2002
VirtGame has received a manufacturer's and a distributor's license from the Nevada Gaming Commission.
Illinois Riverboat Numbers Slumping24 October 2002
News Brief: Attendance and gross receipt figures recently published by the Illinois Gaming Board indicate that riverboat gambling’s popularity is declining, albeit slightly, and possibly only temporarily.
Alliance Director Sells Shares24 October 2002
Alliance Gaming Corp. director Morton L. Topfer sold 100,000 shares of the company's common stock Tuesday.
Park Place Results Up24 October 2002
For Q3 2002, net revenue was $1.215 billion, up from $1.189 billion for Q3 2001. EBITDA was $290 million, up from $259 million for Q3 2001.
Trump Reports Record Results24 October 2002
EBITDA for the quarter increased to $102.1 million, $9.9 million higher than the $92.2 million reported for Q3 2001, or a 10.7% increase. Net revenues increased to $342.6 million from $327.4 million reported for Q3 2001.
Dover Downs Results Up24 October 2002
Dover Downs Gaming & Entertainment, Inc.'s gross revenues increased 21.1% to $60,242,000 compared with $49,734,000 for Q3 2001. EBITDA increased 24.3% compared with Q3 2001 to $12,409,000.
Magna Completes Acquisition of Racetrack24 October 2002
Magna Entertainment has successfully completed the acquisition of Lone Star Park at Grand Prairie.
Dover Downs Increases Quarterly Dividend, Authorizes Stock Buybacks24 October 2002
Dover Downs’ Board of Directors has declared a quarterly cash dividend on both classes of common stock of $.05 per share. The board also has authorized the repurchase of up to 2,000,000 shares of the company's outstanding common stock.
Aztar Reports Results Down24 October 2002
Aztar reports earnings per share of 43 cents, diluted, compared with 46 cents per share in Q3 2001.
Indian State Approves Casino Bill24 October 2002
International News Brief: The state of Vidhan Sabha in India has approved the draft bill for licensing and control of casinos the state.
Pinnacle: Competitors' Plans Won't Affect Us24 October 2002
News Brief: Pinnacle Entertainment's plan for a $325 million riverboat casino resort in Lake Charles, Louisiana, will not be affected if a competitor moves one of its gambling boats, a top company official says.
Wisconsin Officials Endorse Legalized Gambling24 October 2002
News Brief: Washington County Board members unanimously endorsed a resolution urging the state to legalize video gambling machines in taverns and restaurants.
Federal Government to Decide on Tribe's Casino Proposal24 October 2002
News Brief: The Bush administration must decide by the end of the week whether the Miami tribe has the right to open a casino on land north of Kansas City, Kanasa, about 200 miles away from the tribe’s current home in Oklahoma.
Downsized California Casino Ratified by County24 October 2002
News Brief: A new agreement between the Yolo County and the Rumsey Band of Wintun Indians has been approved.
Author Leads Connecticut's Anti-Casino Group24 October 2002
News Brief: Jeff Benedict, author of the controversial book `Without Reservation’, will serve as president of a nonprofit coalition of businesses, churches, civic groups and community members that oppose casino expansion in Connecticut.
Seminole Tribe Sued for Back Rent24 October 2002
News Brief: Coconut Creek Gaming is suing the Seminole Tribe for not making $55 million in rent payments.
New York Casino Critics Point Out Loophole24 October 2002
News Brief: On the eve of the federal government's decision on whether to approve the Western New York casino deal, critics lashed out at a potential loophole in the agreement that could leave New York State without any gambling revenue.
Church of England Attacks Casino Plans24 October 2002
International News Brief: The Church of England has attacked controversial multi-million pound plans today to build Stafford's first ever casino saying it will stir up violence.
Slots Give Delta Purses $12.8M in Less Than a Year23 October 2002
News Brief: Slot machines at Delta Downs in Vinton, La., have generated almost $13 million in purse money in less than eight months this year, according to financial records released by the Louisiana State Gaming Control Board.
Top Notch MGS Casino Launch 'The Havana Club'23 October 2002
Featuring 65 games with 11 progressive jackpot including the million dollar slot machine monster ‘Major Millions’ it has everything a casino fan’s heart could wish for.
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