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Gaming News Archives - Page 4986New Mexico Lottery Reports Record Sales15 August 2002
News Brief: The New Mexico Lottery Thursday announced its sixth straight year of record ticket sales.
Foxwoods' Slot Revenue Takes Dip15 August 2002
News Brief: Slot machine revenue dipped nearly $2 million at Foxwoods Resort Casino last month from the same time last year, a fact one Foxwoods executive chalked up to possibly the month's unstable stock market.
Tromba Named to Equibase Management Committee15 August 2002
Ray Tromba, vice president and general manager of Louisiana Downs,
has been appointed by the Thoroughbred Racing Associations of North America
to serve on the Management Committee of Equibase Company.
Gala Invests in Web and iTV15 August 2002
International News Brief: The interactive arm of gaming group Gala has unveiled plans to ramp-up its Web presence and make its first foray into iTV as part of a £5million commitment to new media.
Isle of Capri Casinos Plans Internal Expansion15 August 2002
Isle of Capri Casinos officials unveiled plans today for a $135 million multi-property expansion at three of its casinos.
Youbet.com Loss Improves15 August 2002
Youbet.com net loss for the second quarter was $2.58 million, or $.13 a diluted share, down 21% from $3.25 million, or $0.17 a diluted share, in the second quarter of 2001.
Carnegie Cooke, Comsat to Provide Satellite Service to Inter-Link Brazilian Jockey Clubs15 August 2002
Carnegie Cooke & Company have completed an agreement with Comsat, a Brazilian company, to provide Satellite service to inter-link the Brazilian Jockey Clubs currently mechanized by Carnegie Cooke.
Hollywood Casino Reports Loss for Q215 August 2002
Hollywood Casino reported a net loss of $0.3 million, or a loss of $0.01 per share, in the second quarter of 2002 versus a loss of $16.0 million, or a loss of $0.64 per share, in Q2 2001.
Harrah's Entertainment Wins CIO-100 Award15 August 2002
For the second time in three years, Harrah's Entertainment has been presented the CIO-100 award by CIO magazine.
Australian Gaming Firms Posed for Stronger Profit15 August 2002
International News Brief: Australian gaming firms are set to come up trumps in the 2001/02 profit season as gambling mad Australians continue to bet on horse races and feed coins into slot machines, undetered by tougher economic times.
Thompson Resigns as CEO of Mikohn15 August 2002
David J. Thompson today announced his resignation as Mikohn Gaming Corporation's chief executive officer.
Magna Board Members Resign15 August 2002
Magna Entertainment announces the resignations of Mr. Joseph Harper and Mr. Terrence Lanni from its Board of Directors.
MAXXAM Reports Loss for Q215 August 2002
MAXXAM reports a net loss of $7.8 million, or $1.20 per share, for Q2 2002, compared to a net loss of $42.7 million, or $6.53 per share, for Q2 2001.
Archon Reports Revenues Down, Earnings Up for Q315 August 2002
For Q3 2002, Archon reported net revenues of $11.4 million and EBITDA of $3.9 million compared to net revenues and EBITDA of $13.8 million and $5.1 million, respectively, in Q3 2001.
Isle Of Capri Casinos Reports Record Q1 Results15 August 2002
EBITDA in Q1 2002 was a first quarter record $60.9 million, an increase of $8.8 million or 17% over Q1 2001 EBITDA of $52.1 million. Net income also was a record for Q1 2002 at $12.2 million, more than double Q1 2002 net income of $5.9 million.
California Slot Machine Bill Put on Hold15 August 2002
News Brief: The sponsor of a bill to use slot machine proceeds to help local governments defray the cost of Indian gaming has given up on the plan this year.
Harrah's Prairie Band Casino Announce Expansion15 August 2002
News Brief: Harrah's Prairie Band Casino is planning a $55 million expansion with the goal of becoming a resort destination.
Court: Stratosphere Note Holders Can't Collect15 August 2002
A federal appeals court has ruled that those who held notes when the Stratosphere filed bankruptcy in Las Vegas are not entitled to collect an estimated $20 million from an associated company.
Bingo Operator Criticizes Indiana Sanctions15 August 2002
News Brief: The bingo operator for a local fraternal organization that just lost its gaming license said this week that she believed Indiana agencies targeted her lodge despite the presence of gambling machines in many locations.
Developer Proposes Casino for Des Plaines, Illinois15 August 2002
News Brief: From his vantage point as a partner in a Canadian casino and one of the largest real estate development firms in Chicago, Neil Bluhm thinks the next casino in Illinois should be in Des Plaines.
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