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Gaming News Archives - Page 5058TSN CEO: Proclaimed Abuses of Gambling are Fabrications17 May 2002
In the keynote address at the World Telemedia Conference, TSN CEO Mickey Charles states that proclaimed abuses of gambling are mere fabrications intended to frighten.
Bookmaker Curd Dead at 9416 May 2002
Ed Curd, who developed the $11 for $10 `juice’ wager that today is the basis for sports betting in Las Vegas, and was one of the innovators of the point spread in the 1940s, died Sunday at his Lexington, Kentucky, home. He was 94.
War Emblem Number Two for Preakness Stakes16 May 2002
War Emblem's victory in the Kentucky Derby was not enough to earn him the favourite's role for the Preakness Stakes on Saturday.
Casino Security is Tight16 May 2002
News Brief: Connecticut’s casinos have an army of security secrets they use to catch robbers foolish enough to target them.
Some Lottery Vendors Lament Mega Millions Expansion16 May 2002
For some New Jersey vendors , the addition of New York in the multi-state Mega Millions lottery is bad news.
$80 Million Powerball Ticket Sold in New Hampshire16 May 2002
News Brief: A winning ticket for Wednesday’s estimated $80 million Powerball jackpot was sold in Laconia, New Hampshire.
Ohioans Quick to Bet on Mega Millions16 May 2002
News Brief: Ohio's attempt to plug a big hole in the state budget by joining out-of-state gambling, seemed to be looking successful Wednesday, the first day of wagering in the Mega Millions venue.
Aristocrat Hits Vegas Jackpot16 May 2002
International News Brief: Shares in Australian gaming machine maker Aristocrat soared more than 7 per cent yesterday following its agreement to supply properties run by Boyd Gaming.
American Wagering Reports Strong Year End Results16 May 2002
American Wagering reports a net income of $914,654, or $0.10 per share for the year. This represents an increase of $450,625, or 97%, over the 2001’s net income $464,029, or $0.04 per share.
Global Sports & Entertainment Reports Record Q116 May 2002
Global Sports & Entertainment reported a record Q1 with total revenue of $2,139,406 and net income of $407,935.
Las Vegas Culinary Union Launches Gaming Investor Update16 May 2002
The Culinary Workers Union is launching the Gaming Investor Update, a publication providing updates to investors on the contract negotiations between the Culinary Union and the major Las Vegas gaming companies.
JCC Holding Posts Profit, Misses Target16 May 2002
JCC Holding Co., which owns Harrah's New Orleans Casino, posted a larger first-quarter profit, but did not meet its revenue projections for the past year.
iGames Entertainment Introduces New Anti-Cheating Device16 May 2002
iGames Entertainment unveiled the Company's proprietary and patented product, the "Protector V.2", an anti-cheating device for slot machines at the Southern Gaming Summit in Biloxi, Mississippi.
Betandwin.com Acquires Interest in German Sports Betting Provider16 May 2002
Betandwin.com now holds a 50% stake in Odds Sportdata Dr. Steffen Pfennigwerth as an atypical silent partner, and has granted the company a license to use its brand name, domain, product and technical platform.
Acres Inks $1.5 Million Deal Australian MGM Mirage Resort16 May 2002
Acres Gaming has received an $1.5 million order to supply a casino system to the MGM Grand Darwin Hotel & Casino in Northern Territory, Australia.
Alliance Appoints Deloitte & Touche as New Accounting Firm16 May 2002
Alliance Gaming Board of Directors has appointed Deloitte & Touche LLP as the Company's new independent accounting firm.
Casino Journal Results Down for Q1 200216 May 2002
Total revenues declined $568,949 in Q1 2002 as compared with Q1 2001. Advertising revenues fell $365,101 while subscription revenues declined $172,232.
Acres Signs New Mexico Casino16 May 2002
Acres Gaming has received an $1.2 million order from the San Juan Pueblo Indians for its Ohkay Casino Resort in San Juan Pueblo, New Mexico.
VCAT Reports Results Down for Q316 May 2002
Revenues for Q3 2002 were zero as compared to $77,000 during the same period last year.
Acres Gaming Reports Loss for Q316 May 2002
Revenues for Q3 2002 were $5.6 million, compared to $17.5 million in Q3 2001. Net loss for the quarter was $259,000, or $.03 per diluted share, compared to net income of $2.6 million, or $.25 per diluted share in Q3 2001.
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