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Gaming News Archives - Page 5071Youbet.com Sets New Single Day Record7 May 2002
The single day handle the day of the Kentucky Derby Saturday May 4, 2002 was over $1 million, with a record breaking 2,000 plus new sign ups in the 48 hours preceding the race.
IGCA Reports April Revenues Up7 May 2002
Innovative Gaming Corporation of America reports that its gross revenues for April are approximately $1,193,000.
Majestic Star Reports Mixed Q1 Results7 May 2002
Net income for Q1 2002 for Majestic Star was $1.0 million, compared to a net loss of $77,000 in Q1 2001. Net revenues for the period were $30.2 million compared to $31.3 million for Q1 2001, a decrease of approximately $1.1 million or 3.5%.
New York Gambling Opponents Create Coalition7 May 2002
A newly formed coalition seeks to stop the planned construction of an Indian-run casino in Buffalo, New York, citing economic and moral reasons.
Religious Leaders Urge Bush to Stop Gambling Growth7 May 2002
News Brief: More than 200 religious leaders on Monday urged President Bush and Congress to stop the growth of legalized gambling, calling it a moral and cultural cancer.
Rhode Island House Begins Expanded Gambling Study7 May 2002
News Brief: Rhode Island House lawmakers have unveiled plans for a nine-month study of expanded gambling in the state, where casino interests are eager to be first to offer full-scale gambling.
Arizona Indian Casino Plan Approved By Senate7 May 2002
News Brief: The Arizona senate has approved a plan that could extend casino operations on Indian reservations for up to 29 years, but the proposal failed to get enough votes to protect it from a possible referendum election.
Arizona Native Resort Records Probed7 May 2002
News Brief: Federal authorities have seized documents and computer records in connection with a money-skimming investigation of the Indian tribe sponsoring a ballot initiative to liberalize Arizona's casino laws.
Judge Approves VLT Trial Against Loto Quebec7 May 2002
Quebec's promotion and operation of video lottery terminals is to go on trial in a lawsuit that is expected to draw international attention.
Turnover Crisis Hits Hong Kong Jockey Club6 May 2002
International News Brief: Hong Kong’s Jockey Club is heading for its lowest betting turnover in seven years though the situation could improve if legislators pass the Gaming Ordinance Amendment bill on May 22.
Kentucky Derby TV Ratings Unchanged6 May 2002
News Brief: No direct competition from professional basketball playoffs for the second straight year helped NBC earn nearly the same overnight television ratings for the Kentucky Derby as it did a year ago.
War Emblem Returns Big Money at Kentucky Derby6 May 2002
News Brief: War Emblem returned big money to bettors who ventured a few bucks Saturday on No. 5 in the Kentucky Derby.
Hong Kong Illegal Bookie Gangs Busted6 May 2002
International News Brief: Police arrested 21 people Sunday after smashing three illegal bookmaking gangs as part of a government crackdown on gambling ahead of the World Cup tournament.
More Than Mount Rushmore at Black Hills, South Dakota6 May 2002
There's much more to do in the Black Hills of South Dakota than just admire Mount Rushmore. You can hike just about anywhere; gamble in Deadwood, check out the old Wild West mining town where Wild Bill Hickok was gunned down; and see the emerging monument to Chief Crazy Horse.
Powerball Hits $61 Million6 May 2002
Because no one correctly matched all six numbers in Saturday's drawing the jackpot will grow to an estimated $61 million.
Gambling Addiction Fueling Crime6 May 2002
A growing number of Canadians are being driven to white-collar crime by a potent new force -- gambling addictions that create a thirst for cash and can prompt ordinary people to embezzle millions of dollars.
Manitoba Government Can Seize Lottery Prizes for Child Support6 May 2002
A new Manitoba law allows the government to take lottery winnings from parents who owe child support.
Florida Lottery Launches "Let Freedom Ring" Scratch-Off Game6 May 2002
Florida Lottery players can celebrate their freedom and take stock in America by playing the Lottery's newest Scratch-Off game, Let Freedom Ring.
Australian Gambling Venues Break Ban6 May 2002
International News Brief: Poker machine venues have been caught welcoming banned gambling addicts. Melbourne pubs and clubs are failing to impose bans designed to keep out problem gamblers.
Israeli Bank Manager Embezzles to Pay off Brother's Gambling Debts6 May 2002
International News Brief: A Tel Aviv assistant investment manager has admitted to embezzling millions from the Trade Bank to help pay off her brother’s gambling debts. She is also accused of having links to the leaders of organized crime.
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