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Gaming News Archives - Page 4952

 
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Wynn Stock Now Trading

25 October 2002
Shares in Wynn Resorts Ltd. began trading on the Nasdaq Stock Market today, a bittersweet achievement for Las Vegas casino executive Steve Wynn in his bid to finance the $2.4 billion Le Reve resort on the Strip.
 

Isle of Capri Plans to Repurchase Stock

25 October 2002
Isle of Capri Casinos’ board of directors has authorized the repurchase of up to 1,500,000 shares of the company's common stock.
 

Pinnacle's Boomtown Property Completes Annexation into Reno

25 October 2002
Pinnacle Entertainment’s Boomtown Reno property, along with several other Verdi-area property owners, received District Court approval of annexation into the City of Reno, allowing for greater municipal services.
 

Investors Balk at Wynn Offering

25 October 2002
News Brief: Investors, who have lost heavily over the last two years in the stock market, have decided to hedge their bets on Steve Wynn’s latest offering.
 

Australia's Tab, Tabcorp Agree Deal on Racing Telecasts

25 October 2002
International News Brief: Sky Channel Pty., a wholly owned unit of Tab Ltd., has reached agreement with Tabcorp Holdings for the continued supply of racing telecasts to Tab agencies throughout Victoria state.
 

Sungold Reports New Appoints, Launches New Wagering System

25 October 2002
Sungold will introduce the Horsepower World Pool pari-mutuel wagering system for the Breeders Cup. The company also appoints Larry Simpson as Vice President of Corporate Development.
 

Malta Formulating New Online Gambling License Regime

25 October 2002
International News Brief: The Malta Lotteries and Gaming Authority is currently putting together the legislative framework for a new licensing regime encompassing online casinos, sports betting, betting exchanges and lotteries.
 

Poll: Tennessee Lottery Not Sure Thing

25 October 2002
News Brief: A new poll suggests supporters of a Tennessee lottery face a tougher battle than they might have expected.
 

Casino Proposal Revealed to West Virginia Town

25 October 2002
News Brief: Huntington, West Virginia, got its first look at a proposal to build a 650-room hotel and casino in the downtown area that developers hope will attract 400,000 people to this city and pump $60 million annually into Cabell County’s stagnant economy.
 

Former Nevada Gaming Board Chair Working for Mohawks

25 October 2002
Former Nevada Gaming Control Board Chairman Steve DuCharme has been appointed to the St. Regis Mohawk Tribal Gaming Commission.
 

Panel Approves Plan to Move Mississippi Casino Barge

25 October 2002
News Brief: The Mississippi Commission on Marine Resources have given Boomtown Casino permission to move its casino barge despite a pending federal lawsuit over its lease agreement.
 

Nevada Regulators Approve Close-Loop Sports Betting

25 October 2002
News Brief: The Nevada Gaming Commission has agreed to grant a limited license to a company that has developed a closed-loop computer system for betting on horse races.
 

Panel Can't Endorse Casinos for Indiana County

25 October 2002
News Brief: A legislative panel agreed that Indiana's Orange County will continue to suffer economic woes without an infusion of revenue, but the committee did not endorse casino gambling as the answer.
 

Proposed Rules for Nevada Casino Work Cards Challenged

25 October 2002
News Brief: Nevada regulators agreed Thursday to review proposed rules for statewide casino work cards after advocates for the workers raised concerns about Big Brother government.
 

Maine Casino Forum Draws Divided Crowd

25 October 2002
News Brief: A forum on casinos in Sanford, Maine, brought people on both sides of the issue together for a question and answer session.
 

Washington State Coalitions Wants Larger Share of Gambling Pie

25 October 2002
News Brief: A coalition of cardrooms, mini-casinos, taverns, bars, bowling alleys and charity bingo operations will make their case today for a larger share of the state's gambling industry.
 

New Jersey's Gaming Enforcement Cites Successes

25 October 2002
News Brief: This month marks 25 years of the New Jersey Division of Gaming Enforcement, or DGE, the casino regulatory agency that ordered out casino owners and Local 54 officials with mob ties and helped revise the Casino Control Act to attract new investors to the resort.
 

Malaysian State to Impose Tax on Slot Machines

25 October 2002
International News Brief: Sabah, Malaysia, will be squeezing more revenue from gambling by imposing a sales tax on betting through slot machines.
 

Bermuda Authorities Raid Gambling Machine Operation

25 October 2002
International News Brief: Bermuda police and customs swooped on five bars and clubs after discovering parts were being shipped into the island which could be used to convert video games into gambling machines.
 

Rob Gillespie: Betting on Football Totals

24 October 2002
This week I want to discuss game totals, although I realize many more bettors already utilize them than do moneylines.
 


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