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Gaming News Archives - Page 4953

 
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Churchill Downs Results Up for Q3

23 October 2002
Churchill Downs reports net revenues for Q3 were $125.6 million, an increase of 3.6 percent, compared with $121.2 million for Q3 2001. Net earnings for the quarter were $7.9 million, compared with $7.1 million in Q3 2001.
 

Aristocrat, Sierra Design Group to Supply New York Market

23 October 2002
Aristocrat Technologies has signed a license agreement with gaming technology provider, Sierra Design Group to provide Aristocrat game themes for development and deployment in the New York market.
 

Tribes Want State Gambling Regulators Audited

23 October 2002
News Brief: Californian gambling tribes are calling for an audit of the California Gambling Control Commission's management of a revenue-sharing trust fund that is supposed to distribute money to nongambling tribes.
 

Pizza Matriarch Involved in Casino Proposals

23 October 2002
News Brief: Marian Ilitch, the Little Caesars pizza chain matriarch who helped launch Detroit's casino industry three years ago, is involved with more casino proposals in Michigan and Hawaii.
 

Teamsters, Park Place Settle; End Boycott

23 October 2002
News Brief: The Teamsters and Park Place Entertainment Corp. have settled a labor feud that prompted a union boycott of all company casinos.
 

Study: Tennesseans Spend $243 Million on Lotteries

23 October 2002
News Brief: Tennesseans spent an estimated $243 million last year on lotteries in Georgia, Kentucky, Virginia and Missouri, according to a study released this week.
 

Washington State Tribe Builds Permanent Casino

23 October 2002
News Brief: After more than six years operating a casino under a tent, the Suquamish Tribe plans to build a permanent casino on its property.
 

Judge: Louisiana Parish Can Hold Casino Election

23 October 2002
News Brief: A Louisiana judge ruled that Cameron Parish can have an election on Nov. 5 to decide if the voters want a riverboat casino that would be moved from Lake Charles to the lower Sabine.
 

Harrah's Considering Moving Lake Charles Riverboats

23 October 2002
News Brief: Harrah's Entertainment is considering moving one of its Lake Charles riverboats to another location, a company official said during an Internet teleconference.
 

Pennsylvania Lottery Launches Holiday Instant Ticket Games

22 October 2002
The Pennsylvania Lottery kicks off the 2002 holiday season with six new holiday-themed instant ticket games.
 

Lucky Winner Hits 3 Online Jackpots

22 October 2002
The odds of hitting three jackpots in a week may be astronomical, but that didn’t stop a player named Angelz from doing it online to the tune of $169,207.
 

Nova Scotia Gaming Holds Problem Gambling Workshops

22 October 2002
News Brief: Bar owners, casino workers and those who work with gambling addicts will spend the next week in a series of gambling workshops put on by the Nova Scotia Gaming Corp.
 

3,000 Apply for Falls' Casino Jobs

22 October 2002
News Brief: Seneca Niagara Falls Gaming Corp. said more than 3,000 applicants have inquired about jobs at the planned Niagara Falls casino.
 

Scottish Police Alerted by Gambler's £1.3m Bets

22 October 2002
International News Brief: A punter known as `the quiet man' placed bets with stakes of more than £1.3 ($2.32) million within a couple of months, a jury heard yesterday.
 

Former Gaming Authority Head Sentenced for Embezzlement

22 October 2002
News Brief: A gambling addiction led the former financial officer of the Saskatchewan Indian Gaming Authority to wager — and lose — his entire career.
 

Wynn Changes IPO Terms

22 October 2002
News Brief: In a last-minute move, Strip developer Steve Wynn has changed his IPO's terms, a move insiders see as a concession to ensure the planned public sale of $450 million in Wynn Resorts stock.
 

William Hill Sticks to Earnings Expectations

22 October 2002
International News Brief: William Hill, the betting shop chain, says it has no plans to scale back earnings expectations after an adverse run of horse racing results, and should start to benefit from recent wet weather.
 

Analysts: Casinos a Better Bet than Hotels

22 October 2002
News Brief: Slow business travel has cast a pall over many hotel companies reporting quarterly earnings this week, but financial analysts are gambling that casinos will again prove the ability to withstand tough times.
 

MGM Mirage Reports New Executive Appointments

22 October 2002
In moves intended to strengthen the development team at MGM Mirage, several new executive appointments were announced today.
 

Argosy Gaming Reports Results Up for Q3

22 October 2002
Argosy reported net income of $19.1 million, or $0.65 per diluted share, for Q3, as compared to $17.2 million, or $0.58 per diluted share, for Q3 2001. Record Q3 2002 casino revenues of $239.1 million reflect an increase of $23.0 million over Q3 2001.
 


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