 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Gaming Destination News
Online Gambling News
|
Gaming News Archives - Page 4945Mandela Neighbor Charged with Illegal Gambling26 March 2003
International New Brief: A neighbour of former South African president Nelson Mandela was on Wednesday found guilty of running an illegal casino at his home.
MTR Gaming Group Completes Sale of Senior Notes26 March 2003
MTR Gaming Group, Inc. has completed the sale yesterday of $130,000,000 of 9.75% Senior Notes due 2010 through a private placement.
Trump Closes Bond Sale26 March 2003
News Brief: Trump Hotels & Casino Resorts closed its $490 million bond sale on Tuesday, a deal that refinances long-term debt, simplifies the corporate structure and pushes Donald Trump's ownership in the company to more than half.
Ontario Strikes Casino Deal26 March 2003
News Brief: Ontario struck a deal with a blue-chip Las Vegas company to manage Casino Windsor for 2.74 percent of the gross revenue from casino gambling and 5 percent of net profits.
Slot Maker Cutting Costs26 March 2003
Aristocrat Leisure Ltd., the world's second-largest slot machine maker, is cutting costs at its Australian operations by forcing workers to take leave, the Australian Financial Review reported, citing unidentified people close to the situation.
Harrah's Says Odds are Even on Massachusetts Casinos26 March 2003
News Brief: The chief executive of Harrah's Entertainment Inc. believes there is a 50-50 chance casinos will be allowed in Massachusetts in the near future.
Tribal Casinos Warned of Money Laundering26 March 2003
News Brief: New federal rules that take effect March 25 will be giving Indian gaming officials a bigger role to play against money laundering.
Michigan Tribal Casino Supporters Fight Back26 March 2003
News Brief: Casino backers bit back in the back-and-forth battle over an Michigan Indian tribe's plan for a $100 million gambling center in Allegan County's Wayland Township.
Lottery Mailing Worries Some26 March 2003
News Brief: The West Virginia Lottery Commission sent out 213,000 free Keno coupons good for one free game last week to households near Keno locations, and at least some were sent to recovering gambling addicts.
Fire at Grand Casino Restaurant Causes Just Minor Damage26 March 2003
News Brief: A fire at a Grand Casino Gulfport restaurant sent two hotel employees to the hospital with breathing problems Monday, but did little damage.
Mohegan Tribal Gaming Authority Enters Loan Agreement26 March 2003
The Mohegan Tribal Gaming Authority has entered into an Amended and Restated Loan Agreement for up to $391 million from a syndicate of 12 institutions and commercial banks.
Washington Racing Commission Members Resign26 March 2003
News Brief: Washington Governor Gary Locke’s two recent appointees to the state’s Horse Racing Commission have resigned after speculation that they both faced highly contentious confirmation hearings.
Anti-Gambling Advocates Criticize Illinois Gaming Committee26 March 2003
News Brief: The chairman of the Illinois House Gaming Committee on Tuesday angrily ended questioning of anti-gambling advocates after their testimony intimated that panel members were swayed by campaign contributions from the gambling industry.
Florida Casino Cruises Stalled26 March 2003
News Brief: Day cruise operator SeaEscape Cruises canceled two sailings from Port Everglades on Tuesday when a contractor enforced a lien against its ship, preventing the ship from leaving port.
Gambling Foes Oppose Opening up Montana Gaming26 March 2003
News Brief: Three anti-gambling groups have weighed in against House Bill 757, which would create a special entertainment zone in Butte and legalize wide-open gambling at 10 casinos with no betting limits or time restrictions.
Vancouver, B.C. Considers Slots at Track26 March 2003
News Brief: Slot machines are being considered by Vancouver city hall but only at the Hastings Park racetrack.
Minnesota Tribes Want Casino26 March 2003
News Brief: Northwest Minnesota’s two Indian tribes want a piece of the casino pie, and some legislators who historically oppose expanded gambling are on their side.
Idaho Republicans Insist on 30 Percent Casino Tax26 March 2003
News Brief: Efforts to settle the legal case over the state's racetrack taxes out of court bogged down Tuesday, with Republican legislators in the Senate deciding to insist on a 30 percent tax rate for all three of the state's land-based casinos.
Detroit's Casinos an Example for Maryland26 March 2003
News Brief: The three glitzy casinos in the heart of Detroit, Michigan, offer a preview of what Maryland could expect if the General Assembly approves expanded gambling this year.
Standard & Poor: Prolonged War Could Hurt Casino Ratings26 March 2003
News Brief: Ratings of U.S. gaming companies could be lowered if the war in Iraq lingers or if there are terrorist attacks on the United States, Standard & Poor's said.
|