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Gaming News Archives - Page 5036

 
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Scientific Games Awarded $21 Million Illinois Instant Ticket Contract

13 June 2002
Scientific Games International has been chosen as the primary supplier for instant tickets by the Illinois Lottery. The contract is estimated to be worth $21 million over the initial term of three years.
 

TVG Takes Equity Position in Youbet

13 June 2002
TVG has purchased 3,884,650 Youbet.com shares at $.001 per share. This purchase represents approximately 16.6% of the number of Youbet.com common shares.
 

Thunderbird Gaming Board, Officers Retract Resignations

13 June 2002
After learning more about the difficulties of the foreign operations and that no management would support them, Thunderbird Gaming board and officers determined not to file their resignations.
 

California Gambling Commission Takes Over Slot Allocation

13 June 2002
News Brief: California's gambling commission yesterday voted to take control of allocating slot machines in a broad move that perhaps could settle the most contentious dispute swirling around the state's Indian casinos.
 

Iowa High Court Strikes Down Casino Tax Law

13 June 2002
News Brief: A split Iowa Supreme Court on Wednesday struck down a state law that taxes land-based casinos more heavily that floating riverboat gambling operations.
 

Developer Defends Louisiana Track Proposal

13 June 2002
News Brief: The developer of a proposed quarterhorse race track in northwestern Louisiana says opposition would subside if critics would give him an opportunity to present a complete plan.
 

Internet Gambling Measure Delayed

13 June 2002
The House Judiciary Committee today again set aside a bill that would ban most forms of Internet gambling.
 

Fake Charity Bingo is Perfect Crime

13 June 2002
Any time you provide a tidy sum of clean cash and a reasonable cover such as charity, you have the potential for a profitable enterprise for criminals. Fraudulent bingo, in fact, is considered the perfect while-collar crime.
 

Detroit Council Approves Casino Deal Extension

13 June 2002
News Brief: The Detroit City Council has given Mayor Kwame Kilpatrick until July 31 to negotiate agreements for three permanent downtown casinos.
 

Illinois Casino War has Second Front

13 June 2002
News Brief: While investors in the proposed Rosemont casino fought to hold on to their license in one room of a state government building Wednesday, proponents of a Lake County riverboat casino tried to revive their bid in a courtroom upstairs.
 

Nevada Regulators Wary of Macau

13 June 2002
Nevada gaming regulators are concerned that Strip developers Steve Wynn and Sheldon Adelson could enter a troubled business, political and legal climate in Macau, where they hope to open lucrative casinos.
 

Argentina Out of World Cup

12 June 2002
News Brief: Two-time champion Argentina followed in France's footsteps Wednesday and fell out of the World Cup after a 1-1 tie with Sweden in Group F.
 

Alaska Woman Doctors Pull Tabs

12 June 2002
News Brief: An Alaska woman stole thousands of dollars from pull-tab operations by making old winning tickets look like new ones.
 

Kansas Casinos Post Strong May Results

12 June 2002
News Brief: The Isle of Capri climbed out of the Kansas casino market's revenue cellar in May, and The Woodlands posted its best month in years.
 

Australian State Loosens Tabcorp Ownership Restrictions

12 June 2002
International News Brief: Australia’s Victorian state Government has voted to loosen ownership restrictions on Australia's largest gaming and wagering group, Tabcorp.
 

Missouri's Club Keno Off to Strong Start

12 June 2002
The numbers are looking good for Missouri's new Club Keno lottery game.
 

New Magazine Launched at Caribbean Gaming Conference

12 June 2002
Global Gaming Business, a new international casino trade magazine, released its first issue today for distribution at the Caribbean Gaming & Tourism Conference 2002 in San Juan, Puerto Rico.
 

Trump's Castle Refinances Loans

12 June 2002
Trump's Castle Associates, the owner and operator of Trump Marina Hotel Casino in Atlantic City, New Jersey, entered into a $70.0 million term credit facility.
 

Interspace Enterprises, iMustPlay Partner to Market Planetlotto

12 June 2002
Interspace has entered into a strategic alliance with iMustPlay.com Inc. to market Planetlotto to European Internet users.
 

Macau Event Postponed Due to Hong Kong Legislation

12 June 2002
This year’s Asian Online Gaming event in Macau has today been postponed as a direct result of the Gambling Amendment Ordinance that came into effect, effectively banning offshore betting from Hong Kong.
 


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