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Gaming News Archives - Page 4949Texas Eyes Gambling7 May 2003
News Brief: Although it has been called a sleazy way for Texas to raise money, several measures are working their way through the Legislature that could lead to the largest expansion of state-sanctioned gambling in Texas in more than a decade.
Mississippi's Big Gambling Pays Off7 May 2003
News Brief: The Mississippi Miracle, as the experiment in legalized gambling in the Magnolia State has been called, is now a decade old.
Pinnacle Exec: New Casino Capable of $60 Million in Yearly Revenue7 May 2003
News Brief: Pinnacle Entertainment Inc.'s planned casino resort in Lake Charles could pull in $60 million a year in gambling revenue, according to the company's president.
Hidden Emerald Ownership Alleged7 May 2003
News Brief: Federal officials have disclosed to state gambling regulators a secret deal to split an investment interest in Emerald casino between a mob-linked Emerald investor and a Harwood Heights bank executive.
Bennett Case Arouses Concerns About Casino Privacy7 May 2003
Casino officials Tuesday acknowledged deep concerns about possible violations of guest privacy policies in the wake of reports that 'internal casino documents' about morals czar William Bennett's gambling habits may have been leaked to reporters.
Chicago Looks at Pros, Cons of Casinos7 May 2003
News Brief: Chicago was researching the costs and benefits of a land-based casino if a gaming license were owned by the city's taxpayers, according to Mayor Richard M. Daley.
Internet Gambling: E-gaming Ban Bill Advances7 May 2003
By voice vote, a House subcommittee on Tuesday passed a bill to prohibit Internet gambling by outlawing payment of online wagers via credit cards, checks or electronic fund transfers.
Spectrum Gaming Group, Gaming Industry Observer Announces Merger7 May 2003
Spectrum Gaming Group LLC and Pollock Gaming Resource Group LLC have merged to form a full-service international gaming consultancy to serve the growing casino industry.
MOON Resort Announces Design Team7 May 2003
Michael R. Henderson, creator of the MOON themed Resort Hotel, reports that Toronto based designer Johnson Chou will lead the design team for the $5 billion project.
Herbst Gaming Results Up7 May 2003
Herbst reported net revenues of $71.3 million, an increase of 16%, or $9.7 million, compared with $61.5 million in Q1 2002.
MTR Gaming Group Reports Q1 Up7 May 2003
Total revenues for Q1 increased 7% to $63.6 million, and EBITDA of $10.9 million and net income of $3.3 million or $.12 per diluted share.
Churchill Downs Loss Narrows7 May 2003
CDI reported a net loss of $11.5 million, or 87 cents per share, compared with a net loss of $12.0 million, or 92 cents per share, in Q1 2002.
British Footballer Battles Gambling Addiction6 May 2003
International News Brief: Portsmouth boss Harry Redknapp will back Paul Merson's battle to beat a gambling addiction which has pushed the former England midfielder to the brink of suicide.
Publisher Wants Documents on Wynn6 May 2003
News Brief: A book publisher accused of libeling casino developer Steve Wynn has asked a court for any documents the FBI and the Drug Enforcement Administration may have compiled about Wynn.
Investigator Who Robbed Banks Had Gambling Debt6 May 2003
News Brief: The husband of a state investigator who was shot after robbing a bank last week says his wife had a gambling problem.
Angelil Case Remains Closed6 May 2003
A jacket that a Las Vegas attorney said could implicate Rene Angelil, husband of singer Celine Dion, in a sexual assault three years ago has failed to persuade Metro police to reopen a criminal investigation they closed in January.
New York Politicians Want Casino Stopped6 May 2003
News Brief: Alarmed by reports that the Shinnecock Indians signed a contract with an Oklahoma casino developer last week, local politicians have asked Governor George Pataki and Attorney General Eliot Spitzer to intervene.
Ex-Caesar's Exec Ready to Retry for License6 May 2003
News Brief: Former Caesars President Gary DiBartolomeo says he is rehabilitated from a gambling compulsion and ready to woo high rollers again.
Union Official Embezzled to Feed Gambling Habit6 May 2003
News Brief: A mild-mannered teachers' union official who lived with his parents admitted to stealing more than $800,000 to feed his voracious gambling habit, authorities said yesterday.
Aussie Banks Refuse to be Police6 May 2003
International News Brief: Australians are likely to continue easily flouting bans on internet gambling, after banks warn the Howard Government they will not support efforts to block financial transactions with illegal casinos.
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