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Gaming News Archives - Page 5010Mikohn Amends Credit Line13 August 2002
Mikohn Gaming has reached an amended agreement regarding its credit line facility with Foothill Capital Corporation.
Former Video Poker Baron Files for Bankruptcy13 August 2002
News Brief: Former South Carolina video poker baron Henry Ingram has filed for bankruptcy in Texas, where he now lives.
Horseshoe Gaming Revises Q2 2002 Net Income13 August 2002
Horseshoe Gaming has revised its Q2 2002 net income to $2.5 million from the previously reported $5.4 million.
UN Considers International Lottery13 August 2002
International News Brief: World lottery chiefs met for the first time yesterday to discuss launching an international lottery that would benefit the cash-strapped United Nations and could have a first prize that makes payments from even the so-called `mega’ lotteries look like small change.
Indian Gaming Measure Approved for Ballot13 August 2002
News Brief: A third Arizona Indian gambling initiative qualified Monday for the November ballot. Meanwhile, the Arizona Supreme Court ordered state officials to change an official description of a rival measure.
California Governor Ends Ban on Gambling Talks13 August 2002
Governor Gray Davis has lifted his moratorium on discussing new casino agreements with Indian tribes after a federal court ruled in favor of the state's Indian gambling law.
Dealers School Readies for Enrollment Boom13 August 2002
News Brief: With the Borgata casino scheduled to open a year from now in Atlantic City, instructors at the Professional Dealers School are bracing for what they expect to be their busiest stretch in years.
Filipino Gaming Company Disputes Critics' Claims13 August 2002
International News Brief: Top officials of the Philippine Amusement and Gaming Corp. branded the issues raised by its gambling critics as non-starters, and claims of the company flooding the country with slot machines were misleading.
Websense: Off-Track Betting Can Be Legal Liability for Employers13 August 2002
It's officially `off to the races’ for online horse betting in California, but businesses in the Golden State should carefully consider their internal policies when it comes to this seemingly harmless activity, warns Websense Inc.
As I See It, by Jimmy Vaccaro12 August 2002
Jimmy V. on ingesting much of the same info, while drawing early conclusions and retaining something that might be useful on the entire season.
Slots Threaten Oklahoma Racetracks12 August 2002
News Brief: Oklahoma horse racing tracks may ask the Legislature for authority to operate slot machines in an attempt to reverse a decline in wagering and attendance that could doom the state's horse industry.
BetWWTS.com Releases Odds on American Idol12 August 2002
Realizing that American Idol has become the latest phenomena in reality TV, BetWWTS.com today released odds on who will emerge as the winner of the country's biggest talent search.
79-Year Old Hits $1.8 Million Slot Jackpot12 August 2002
News Brief: A 79-year-old regular gambler struck it rich with a $1.8 million jackpot win at the Trump 29 Casino near Coachella, California.
Three Charged for Check Cashing Scam12 August 2002
News Brief: Three New Yorkers believed to be part of a check-cashing scam that netted as much as $50,000 from Connecticut’s Mohegan Sun casino were arrested by state police Saturday.
Casinos Chop Card Counters' Odds12 August 2002
Hyland & Co. are card counters, professional blackjack players who use their brains to gain an undisputed mathematical advantage over the house. They're here on a rare team outing to illustrate why their profession is on the wane.
Israeli Crime Boss Gunned Down in Prague Outside his Casino12 August 2002
International News Brief: Felix Abutbul, a 50-year-old alleged Israeli crime kingpin who eluded police for years, was gunned down late Saturday night on the front steps of the hotel casino he owned in Prague.
£53,000 ($81,165) Gambling Debts Led to Suicide12 August 2002
International News Brief: When Mario Opalka's wife died from lymph cancer his emotions went into freefall. So too did his bank balance, and finally his life.
Analyst Touts Company's Stock12 August 2002
International Game Technology, the largest U.S. maker of slot machines, is a company whose stock is worth buying because of its potential to grow as more states permit gambling, a guest on "Wall Street Week with Fortune" said.
Shuffle Master Acquires Vegas Software Firm12 August 2002
Las Vegas-based equipment maker Shuffle Master has acquired certain assets of Casino Software and Services LLC, also of Las Vegas.
Interlott Results Down12 August 2002
Interlott reports that revenue for Q2 2002 was $10.2 million compared with $15.3 million in Q1 2001. Net income was $185,400, or 3 cents per diluted share, compared with $1.3 million, or 20 cents, a year ago.
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