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Gaming News Archives - Page 5069S&P Assigns, Affirms Riviera Holdings Ratings6 June 2002
Standard & Poor's said today that it assigned its single-'B'-plus rating to the proposed $210 million senior secured notes due 2010 to be issued by Riviera Holdings Corp.
Riviera Announces Refinancing6 June 2002
Riviera Holdings plans to offer approximately $210 million in aggregate principal amount of Senior Secured Notes in a Rule 144A offering.
Scientific Games Completes Acquisition of Latin American Supplier6 June 2002
Scientific Games has completed the acquisition of 65% of Serigrafica Chilena. The operation will now be called Scientific Games Latino America and will focus on gaining market share for both instant tickets and phone cards in Latin America.
Wheeling Island Gaming Reports Strong Q1 Results6 June 2002
Wheeling Island Gaming reports operating revenues of $23.5 million, an increase of $5.2 million or 28.3% from Q1 2001. EBITDA was $10.8 million for the quarter, representing an increase of $2.2 million or 25.2% over Q1 2001.
Global Entertainment Appoints New CFO6 June 2002
Global Entertainment announces the appointment of Mr. Jonathan Shatz as the company's Chief Financial Officer.
Scientific Games, Ontario Lottery Finalize Contract6 June 2002
Scientific Games has finalized a contract with the Ontario Lottery to manufacture and deliver 8,518 Extrema-M, state-of-the-art on-line terminals, related software and terminal repair services worth an estimated $47 million.
Online Gaming On the Rise6 June 2002
Although online gambling is illegal in Canada and the U.S., the Internet largely ignores political boundaries. And so far regulatory bodies in both countries have been unable to find effective ways to address the issue.
Alaska Tribe Proposal for Nevada Casino Advances6 June 2002
An Alaskan company owned by 7,000 Indian shareholders has won preliminary state approval for a casino eing built at Henderson, Nevada.
Wisconsin Towns Support Casino Application6 June 2002
News Brief: Two communities approved resolutions backing a casino in Beloit, Wisconsin, as others consider support for the casino that officials hope could bring revenue to the area.
Editorial: Illinois Should Auction Casino Licenses6 June 2002
Illinois should discontinue its system of routine renewals for licenses that brought the state almost no revenue when they were issued. Illinois instead should auction casino licenses for their fair-market value every few years.
Albany Officials Consider Moving Casino6 June 2002
News Brief: Albany, New York city leaders are considering a proposal that would include the Radium Springs Casino in the downtown redevelopment project.
Emerald Casino Lawyer: Gov. Ryan Axed Casino Deal6 June 2002
News Brief: Emerald Casino Inc. had a deal to end litigation snarling the state's 10th casino license that regulators were set to approve when Attorney General Jim Ryan stepped in, according to Emerald's attorney.
Wheeling Island Gaming Plans Expansion6 June 2002
The West Virgina gaming center expansion will include several exciting upgrades and enhancements to the current complex including an additional 30,000 square feet of gaming space to accommodate more than 1,100 slot machines.
Youbet.com Names New CFO6 June 2002
Youbet.com Inc. announces the appointment of Gary Sproule as Chief Financial Officer.
Park Place Interested in Chicago Despite Tax Hike6 June 2002
News Brief: Park Place says it remains interested in the Chicago market despite passage of a major gaming tax hike by the Illinois legislature over the weekend.
As I See It5 June 2002
I will not debate whether the Mike Tyson-Lennox Lewis fight should or should not take place. I will leave that up to the so-called experts, whose opinion is for the most part just that: an opinion. Let us just discuss the fight.
Betting on World Cup Soccer5 June 2002
In the last column, we discussed runlines and moneylines for betting baseball, America's pastime. Now lets talk a little about soccer, the pastime for the rest of the planet.
Intertops.Com Announces Updated Odds on Tyson-Lewis Fight5 June 2002
Currently, Lennox Lewis is an overwhelming favorite to retain his titles at 1/2 odds, while the odds on Mike Tyson winning the fight are at 17/10.
Churchill Downs Increases Spring Meet Purses5 June 2002
Churchill Downs racetrack has implemented a five percent increase in overnight purses for its Spring Meet races.
Clock is Ticking for Silent Mike5 June 2002
News Brief: Tyson's handlers created a cacophony of noise with their rhetoric, urging those in the room to put their money on Iron Mike. The man himself held his tongue.
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