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Gaming News Archives - Page 4993

 
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Nebraska Governor Candidate Proposes Casino Plan

2 August 2002
News Brief: Stormy Dean, Democratic candidate for governor of Nebraska, thinks Grand Island, Hastings and Kearney should cooperate to build a casino next to the Great Platte River Road Archway Monument.
 

MGM Move Disappoints Michigan Officials

2 August 2002
News Brief: Michigan officials say they were disappointed and surprised by MGM Grand Detroit Casino's announcement Tuesday that it was ending talks to buy a vacant state office complex.
 

North Carolina Sheriffs Want Video Poker Machines Banned

2 August 2002
News Brief: Saying the legislature made their jobs harder two years ago, North Carolina's sheriffs packed the N.C. General Assembly on Wednesday, demanding that lawmakers outlaw video poker.
 

Pivotal Detroit Casino Vote Today

2 August 2002
News Brief: Detroit’s Mayor Kwame Kilpatrick expects the City Council to pass all three deals for permanent casinos today, aides say.
 

California Casino Court Decision Challenged

2 August 2002
The ruling this week by Judge David Levi regarding Proposition 1A and the expansion of tribal casinos has been challenged by non-tribal groups.
 

Brother Takes Over Late Saudi Prince's Horse Breeding Operation

1 August 2002
International News Brief: The Thoroughbred Corp., the vast racing and breeding operation owned by the late Saudi Arabian Prince Ahmed bin Salman, will be overseen on a daily basis by the prince’s brother, Prince Faisal bin Salman, who has been appointed by his family.
 

Two New Instant Games Join Pennsylvania Lottery's Summer Lineup

1 August 2002
Magic Numbers has eight chances to win on each ticket with a top prize of $30,000. Pyramids of Gold offers 10 chances to win and over 745,000 automatic win prizes.
 

Judge Sentences Three Men in Casino Cheating Ring

1 August 2002
Three of the 17 people charged in a cheating ring that stole millions of dollars from Las Vegas casinos have been sentenced to federal prison and order to pay more than $3.3 million in restitution.
 

Two Accused for Forging Slot Tokens

1 August 2002
News Brief: Two men were arrested in Detroit recently for forging tokens to use in slot machines at gambling parlors nationwide.
 

Kentucky Governor Designates Responsible Gaming Week

1 August 2002
News Brief: Kentucky Governor Paul Patton will sign a proclamation Aug. 5 that designates the week of Aug. 5-10 Responsible Gaming Education Week.
 

Poker.com Misses Projections

1 August 2002
According to Poker.com President, Christa Taylor, the company’s Q2 2002 results are less than projected.
 

Ten Stix Purchases Magnum Gaming's Blackjack Table Game

1 August 2002
Ten Stix has entered into an agreement with Magnum Gaming, Inc. to purchase their `Bet The Set’ blackjack casino table game, also known as `Pair Square.’
 

NYRA Posts Largest Loss in History

1 August 2002
News Brief: Despite growing revenue from increased simulcast handle, the New York Racing Association completed 2001 with an operating loss of $11.3 million, the largest in its history.
 

Sportingbet's Loss Widens

1 August 2002
International News Brief: UK Sportingbet said its first-quarter loss widened as its overhead increased and debt servicing costs arising from acquisitions rose.
 

Magna Reports Q2 Earnings, Income Down

1 August 2002
Magna reports earnings for Q2 of $7.5 million down from Q2 2001 earnings of $11 million. Income for Q2 was $1.08 million, down from Q2 2001 income of $2.2 million.
 

i2corp.com Expands Into California Gaming Market

1 August 2002
i2corp.com has established an office in Solvang, California, as a part of its ongoing strategy to aggressively market its forthcoming live bingo product to the California gaming market.
 

Moody's May Cut Mikohn Gaming's Rating

1 August 2002
Moody's Investors Service placed Mikohn’s B3 $105 million senior secured notes on review for possible downgrade.
 

Australian Banks Considering Banning Online Gambling Transactions

1 August 2002
International News Brief: Australia’s banks are considering banning customers from using their credit cards to gamble online, following a similar move by United States banks and Internet companies.
 

UK Study: Women Betting More

1 August 2002
International News Brief: When it comes to having a flutter, the fairer sex is fast catching up, a UK survey out today reveals.
 

Rhode Island Casino Study Begins

1 August 2002
News Brief: A Rhode Island House Finance Committee commission has finally begun its nine-month study on gambling, hoping to rise above criticism that it was created to delay a casino proposal by the Narragansett Indian tribe.
 


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