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Gaming News Archives - Page 5049Anti-terrorism Rules Bother Iowa Casinos7 February 2003
News Brief: Representatives of Iowa's riverboat casinos fear that anti-terrorism rules under consideration for riverboats will take the fun out of gambling for their customers.
Pennsylvania Lawmakers Push for Broader Gambling Expansion7 February 2003
News Brief: Pennsylvania House Democratic leaders are hoping to persuade Gov. Ed Rendell, who favors legalizing slot machines at Pennsylvania racetracks, to support a much broader gambling expansion that could include casino-equipped riverboats.
Illinois Governor: Casino Key to Balancing Budget7 February 2003
News Brief: Governor Blagojevich says a major component to balancing the state’s budget shortfall without increasing taxes is getting a tenth riverboat casino running in the state.
Mandalay Eyes Boston7 February 2003
News Brief: Casino giant Mandalay Resort Group is latest gaming concern to eye the Bay State as Beacon Hill debates legalizing Las Vegas-style gambling to help plug a dire fiscal crisis.
California Town Against New Casino7 February 2003
News Brief: Residents of Jamul, California, came out last night to voice their opposition to a new proposed tribal casino.
Japan Official Suggests Casino Law7 February 2003
International News Brief: Justice Minister Mayumi Moriyama has proposed the creation of a special law to legalize casinos.
The Uneasy Marriage of Gambling and Sports6 February 2003
These days, with gambling fast becoming a mainstay of America's entertainment culture and with a multitude of sports leagues competing for attention there are signs of a growing, if uneasy, reattachment of gambling and sports.
Life of an Professional Online Poker Player6 February 2003
When I meet someone new and they ask what I do, I just say 'I play poker'
Park Place Names New President of Caesars Palace6 February 2003
Mark Juliano, a veteran gaming executive whose association with the Caesars brand dates to 1986, today was named president of Caesars Palace in Las Vegas. Juliano replaces John Groom, who resigned.
Mandalay Resort Expects to Beat Analysts' Estimates6 February 2003
Mandalay Resort currently anticipates that its earnings per share Q4 will somewhat exceed current prevalent analysts' estimates which are near $.12.
Aztar Blames Calendar for Q4 Declines6 February 2003
Aztar blamed a tough calendar for fourth-quarter declines in earnings, revenue and cash flow.
Nevada Casinos Industry Reports Loss of $33.5 Million6 February 2003
Nevada's 249 casinos posted a $33.5 million loss last fiscal year ending, the first time the industry has not made a profit in at least the last 15 years.
Harrah's Leads Gaming Rally6 February 2003
News Brief: A key mover for the industry's shift to technology is Harrah's CEO, Gary Loveman, who has turned the Las Vegas company from a failing industry player into one of the most profitable gaming companies in the world.
Park Place Reports Loss for Q46 February 2003
For Q4 2002, Park Place reported a net loss of $18 million, or $0.06 per diluted share, including non-recurring items of $52 million. Net revenue was $1.106 billion, up slightly from $1.102 billion for Q4 2001.
Diamondhead Casino Corporation Issues Status Report6 February 2003
Diamondhead Casino intends to develop a themed, destination casino resort and hotel at the Bay of St. Louis in Diamondhead, Mississippi.
Ameristar Casinos Reports Mixed Q4 Results6 February 2003
Ameristar reports net income of $5.0 million for Q4, down $4.2 million, or 45.7 percent, as compared to Q4 2001. EBITDA was $39.8 million, compared to $38.5 million for the Q4 2001, representing an increase of 3.4 percent.
Oklahoma Tribes Told to Stop Illegal Blackjack6 February 2003
News Brief: Oklahoma tribes must stop offering illegal blackjack games at their casinos or risk criminal prosecution, federal regulators warn.
Indiana Lawmaker Sees Salvation in Gambling6 February 2003
News Brief: Rep. Jerry Denbo sees sin in a lot of places, but he sees salvation in gambling for French Lick.
Illinois Court Hears Suit Against Casino License Law6 February 2003
News Brief: The Illinois Supreme Court agreed to hear an aspect of a lawsuit surrounding the state's 10th casino license, reviving the possibility that the license can't be sold and the state's decision to allow lucrative dockside gambling can be rescinded.
Harrah's: New Jersey Tax Plan Likely to Change6 February 2003
News Brief: Harrah's Entertainment said the proposed New Jersey casino taxes likely will be changed and won't affect the company's expansion plans for now.
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