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Gaming News Archives - Page 5060

 
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Gambler Chooses Trial Over Plea Bargain

18 June 2002
News Brief: An Iowa man accused of robbing a bank last year to help cover his casino losses decided Monday to gamble on a trial rather than accept a plea deal.
 

The Social Cost of Poker Machines in Australia

18 June 2002
Five years after Australia’s Carr Government opened the floodgates to poker machines, only now are almost frantic attempts being made to bring help to gambling addicts.
 

Some Teens Losing Big with Dice

18 June 2002
News Brief: Experts say that "C-Low,'' an inner-city dice game is growing in popularity in the North Jersey suburbs.
 

Midwest Industry Outlook Strong

18 June 2002
Gaming stocks without any exposure in Midwest markets have been oversold, presenting buying opportunities for investors, Bear, Stearns & Co. gaming analyst Jason Ader said in an industry overview released Monday
 

Isle Of Capri Reports Net Loss, Cash Flow Increase

18 June 2002
Isle of Capri Casinos Inc. saw its revenue climb in Q4 but its bottom line declined as the company recorded one-time expenses related to plans to sell casinos in Las Vegas and Tunica, Miss.
 

Wynn's $2.5 Billion Le Reve Price Tag Raises Eyebrows

18 June 2002
Steve Wynn's occasionally turbulent on-again, off-again relationship with Wall Street apparently is on again.
 

Europa Stockholders Says CEO's Plan is $500 Million Folly

18 June 2002
The Committee of Concerned Europa Stockholders say that the recent proposal by CEO Deborah Vitale for a gigantic destination-type resort at Diamondhead, the company's primary remaining asset, would be a financial disaster for Europa.
 

Midwest Industry Outlook Strong

18 June 2002
Gaming stocks without any exposure in Midwest markets have been oversold, presenting buying opportunities for investors, Bear, Stearns & Co. gaming analyst Jason Ader said in an industry overview released Monday.
 

Interlott Receives Order from California Lottery for 500 ITVMs

18 June 2002
The California Lottery for the purchase of 500 new Interlott vending machines, bringing the total up to 1000 units. Interlott anticipates generating total revenue of more than $8 million from their California order.
 

Mikohn Receives Approval For Clue Winning Solution Video Slot Game

18 June 2002
Mikohn Gaming reports that the Clue Winning Solution video slot game has received regulatory approvals from the Nevada Gaming Control Board and Gaming Laboratories International, Inc.
 

MGAM Accelerates Introduction of New Bingo

18 June 2002
MGAM plans to accelerate its roll out of Reel Time Bingo in response to the National Indian Gaming Commission’s notice that their MegaNanza is in violation of NIGC regulations.
 

Isle Of Capri Reports Record Q4 Results

18 June 2002
EBITDA in Q4 2002 was a record $73.5 million, an increase of $8.1 million or 12% over the prior year Q4 EBITDA of $65.4 million.
 

Europa Stockholders Concerned With Casino Proposal

18 June 2002
The Committee of Concerned Europa Stockholders say a proposal by Deborah Vitale, CEO of Europa Cruises, for a gigantic $500 million destination-type resort in Mississippi the would be a financial disaster for Europa.
 

Tribe Asks U.S. Senators to Change Texas Casino Law

18 June 2002
News Brief: The chairman of the Alabama-Coushatta tribe asked a Senate committee today to revise a law that has been used by the state of Texas to prevent tribes from running gambling operations.
 

Casino Execs Subpoenade in Illinois Gaming Probe

18 June 2002
Casino industry representatives said they are frustrated and surprised by an announcement that Illinois Attorney General Jim Ryan's office has subpoenaed top casino executives.
 

Casino Execs Subpoenade in Illinois Gaming Probe

18 June 2002
Casino industry representatives said they are frustrated and surprised by an announcement that Illinois Attorney General Jim Ryan's office has subpoenaed top casino executives.
 

Mississippi Regulators Tour Biloxi Queen Riverboat

18 June 2002
News Brief: A riverboat that developers hope will become the Mississippi coast's 13th casino was toured Monday by officials with the state Gaming Commission.
 

Supreme Court Won't Hear Detroit's Casino Appeal

18 June 2002
News Brief: The U.S. Supreme Court upheld a lower court ruling that the city acted improperly when it preferentially granted casino licenses five years ago.
 

British Casino Drinking Ban Lifted

18 June 2002
International News Brief: The first of Sir Alan Budd's proposals for liberalising the UK gaming industry comes into effect this week with the end of a 40-year-old rule banning alcoholic drinks being served at casino gaming tables.
 

Mississippi Regulators Tour Riverboat

18 June 2002
News Brief: The state Gaming Commission on Monday toured a riverboat that developers hope will become the Mississippi coast's 13th casino.
 


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