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Gaming News Archives - Page 5016Israeli Convicted of Stealing to Cover Brother's Gambling Debt5 March 2003
International News Brief: The Tel Aviv District Court Wednesday convicted Etti Alon, former director of the investment department of the Trade Bank, of stealing NIS 254 million shekels ($53 million) from the bank and its clients.
Problem Gamblers Get Increased Help5 March 2003
News Brief: As video gambling continues to grow in Montana, so does the number of problem gamblers taking part in subsidized treatment programs across the state.
Nickel Slot Win Pays $481,0345 March 2003
News Brief: A 30-year-old autoworker from Newton Falls, Ohio, hit New York State's biggest casino prize at the Seneca Niagara Casino on Saturday when he won $481,034 and a Harley-Davidson motorcycle on a nickel slot machine.
S&P Assigns Rating to Pinnacle5 March 2003
News Brief: Standard & Poor's Ratings Services has assigned its 'B+' rating to Pinnacle Entertainment Inc.'s proposed $225 million senior secured bank facility.
Indian Minister Urges People to Shun Online Lottery5 March 2003
International News Brief: Following complaints that online lottery is ruining families, Chief Minister S.M. Krishna on Tuesday urged the people of Karnataka, India, to shun it, but categorically ruled out its ban.
Maryland Track Pushes Slot Plan5 March 2003
News Brief: Pimlico track officials said last night that slot machines might be the only way to spur redevelopment in the surrounding neighborhoods as they announced a fair to begin interviews for as many as 1,500 jobs.
National Indian Gaming Commission Deemed Inefficient5 March 2003
One of the most common protests is that Indian casinos are not properly regulated, and the National Indian Gaming Commission is ineffectual.
Florida Football Player Charged with Gambling5 March 2003
News Brief: Former Florida State University football player Adrian McPherson bet on the outcome of all the Seminoles' games during the 2002 season, including those in which he was the starting quarterback, before his Nov. 25 dismissal from the team.
Lender Defends Rate on Casino Loan5 March 2003
News Brief: A lawyer for the Malaysian billionaire financing the Seneca Indian Nation's new Niagara Falls casino defended the deal's interest rates, while a tribal councilor called them too high.
Oklahoma Lottery Vote Set for Today5 March 2003
News Brief: Oklahoma’s House of Representatives will consider a lottery proposal today, according to the bill's author, Rep. Ron Kirby, D-Lawton.
Holds Put on New Lottery Game5 March 2003
News Brief: The Connecticut Lottery Corp. has decided to hold off on introducing a new interactive lottery game that involves a computer game.
Budget Problems Drive Gambling Trend5 March 2003
News Brief: The slumping economy and dismal state finances could set off a fast-spreading wave of legalized gambling across America.
Lawmakers Lament Stalled Lottery Bills5 March 2003
News Brief: Tennessee lottery legislation has entered a committee quagmire that on Tuesday prompted sponsors to warn of voter outrage if foot-dragging kills their bills.
Australian Party Promises to Drop Pokie Blackout5 March 2003
International News Brief: Australia’s NSW Opposition has promised to drop the planned six-hour blackout on poker machine playing in the state, aborting one of the most far-reaching measures in the country to control problem gambling.
North Dakota Lottery Bill Details Debated5 March 2003
News Brief: North Dakota lottery opponents say that the new bill ought to allow only the Powerball lottery. Lottery supporter say that the state should not cut off the money other games can provide.
Iowa Casino Ship Opens5 March 2003
News Brief: With $6 million makeover, the new Argosy Casino Sioux City plans to officially open this Saturday.
Coughs 'raised Millionaire doubts'5 March 2003
International News Brief: An Army major's £1m ($1.6m) win on the quiz show Who Wants To Be A Millionaire aroused suspicion after a series of coughs were picked up by studio microphones, a court has heard.
Packer's PBL Back on Track5 March 2003
International News Brief: Kerry Packer's Publishing & Broadcasting is back on track, confirming earlier forecasts that profit growth for the full year would hit double digits.
Michigan Tribe Purchases Resort5 March 2003
The Grand Traverse Band of Ottawa and Chippewa Indians has purchased the Grand Traverse Resort & Spa from KSL Recreation, Inc. This transaction is expected to catapult the Grand Traverse Band into a leadership position among Indian gaming operations nationally.
Italy's Lottomatica Sees Revenues Growth5 March 2003
International News Brief: Lottomatica, the Milan-listed electronic lottery company, it expects a 21% growth in revenue in the three years to 2005.
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