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Gaming News Archives - Page 5032Analyst Issues Nevada Tax-Hike Warning23 August 2002
With Nevada gambling revenues falling and Las Vegas Strip casinos faring even worse for the fiscal year, the prospect of raising casino taxes in Nevada to offset a state budget shortfall is real, according to a Wall Street analyst.
Mississippi Casino Struggles to Pay Suppliers23 August 2002
News Brief: Key suppliers to the President Casino on the Admiral are threatening to stop providing goods and services unless overdue bills are paid soon, according to a company executive.
Hustler Casino Gets Tax Rebate23 August 2002
News Brief: After nearly nine months of debate, Gardena, California, has granted Hustler Casino owner Larry Flynt a tax rebate until his $40 million upstart card club turns a profit.
Sands Vice President, CFO Steps Down23 August 2002
The Sands Regent reports that David R. Wood is stepping down from his posts as Executive Vice President, Chief Financial Officer and Treasurer.
Alliance Gaming, NBC Sign Licensing Agreement23 August 2002
Alliance Gaming has entered into a licensing agreement with NBC Enterprises for a series of slot machines featuring the trademarks, art and images of the long-running television show `Saturday Night Live.’
Rumours of Nevada Tax Causes Casino Shares to Fall23 August 2002
News Brief: Concerns about the potential for a gaming tax hike in the important Nevada casino market weighed on major casino stocks on Thursday, which closed mostly down or unchanged despite a broader market advance.
Maine Casino Plan Gets Mixed Reviews23 August 2002
News Brief: The city council reacted with a mix of enthusiasm and skepticism Thursday to a pitch by former Gov. Kenneth M. Curtis and others looking to build a $400 million to $600 million casino and resort.
Power Outage Halts Gambling23 August 2002
Mississippi’s Imperial Palace missed nearly a full day of gambling due to a power outage, officials said.
Riviera Envisions New Casino in Missouri23 August 2002
Riviera Holdings is applying for a casino license hundreds of miles away in the `Show Me State.’
Boycott Threatened at Indiana Trump Casino23 August 2002
News Brief: Local 1 of the Hotel Employees and Restaurant Employees Union on Thursday threatened to boycott Trump Casino in Gary, Indiana, if an agreement on a contract is not reached by Aug. 29.
New York Lawyer Seeking Seneca Casino Paper23 August 2002
News Brief: A lawyer representing local anti-gambling activists is seeking to get documents from Gov. George Pataki's administration concerning the compact signed with the Seneca Nation of Indians allowing Casino gambling in Buffalo and Niagara Falls.
Judge Dismisses Lawsuit Against Park Place23 August 2002
News Brief: New York judge has dismissed a racetrack owner's suit seeking $6.3 billion in damages from casino operator Park Place Entertainment for allegedly scuttling its plans to build a casino at the track.
Buzz Daly: Vegas Insider Controversy Fills Final Days of Summer22 August 2002
Thanks to Vegas Insider, we have a flap that should hold our attention just long enough to make the dog days of August pass by quickly.
California's SuperLotto Plus Jackpot Skyrockets to $115 Million22 August 2002
California Lottery officials report the estimated SuperLotto Plus jackpot for Saturday night's draw at $115 million, the fourth highest in the lottery’s history.
Powerball Jackpot Up to $49 Million22 August 2002
No one correctly matched all six numbers in Wednesday's Powerball drawing, so the jackpot will grow to an estimated $49 million.
Three New Instant Games Join Pennsylvania Lottery's Lineup22 August 2002
Diamond Mine is a jewel of a game, with 12 chances to win on each ticket. Let's Make A Deal is a nostalgic instant ticket version of Monty Hall's popular television game show of the past. Fast 5's offers players a top prize of $500 instantly.
Prof. Rose: California Bill Would Have Brought Back Prohibition22 August 2002
Under a bill introduced by Assemblyman Dario Frommer, aiding and abetting a person in California to play or bet online is a misdemeanor. Even having the Internet server in the state is illegal.
Police, Harrah's Employees Charged with Fixing Promotion22 August 2002
News Brief: Three East Chicago police officers and two former Harrah's Casino employees have been charged with trying to fix the outcome of a casino promotion.
Lakes Entertainment Delisted by Nasdaq22 August 2002
Lakes Entertainment received a Nasdaq Staff Determination letter indicating that the Company does not comply with the continued listing standard.
Shuffle Master Reports Record Q3 Results22 August 2002
For Q3 2002, Shuffle Master reported revenue of $15.1 million, a 20.3% increase over last year's Q3 result. Net income increased 21.9% to $3.9 million, or $0.22 per diluted share compared to $3.2 million, or $0.17 per diluted share, for Q3 2001.
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