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Gaming News Archives - Page 5074

 
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William Hill IPO Plan Boosted by TV Rights Accord

3 May 2002
International News Brief: William Hill will probably sell shares later this month after the body governing British racecourses agreed to allow the U.K.'s 8,500 betting shops to show live pictures of British horse racing, analysts said.
 

Atlantic City's April Casino Win Up

3 May 2002
News Brief: Atlantic City's casino industry racked up its sixth straight month of gross gaming revenue increases in April, when its `win’ rose 3.2 percent compared to April 2001.
 

Mandalay Increases Capital Spending

3 May 2002
News Brief: Mandalay Resort Group says its capital expenditures for this year will be $250 million-$300 million, compared with $156.7 million spent last year.
 

Australian Politician Urges Video Poker Tax Increase

3 May 2002
International News Brief: A South Australian MP has called for a `super tax’ on poker machine operators after new figures showed pokie losses in the state were likely to exceed $600 million this financial year.
 

Connecticut Legislators Want Lottery Claim Restrictions Eliminated

3 May 2002
News Brief: Some Connecticut state legislators are suggesting that the one-year lottery claimant deadline be eliminated.
 

Louisiana, California Have Most Gambling Lobby Groups

3 May 2002
News Brief: Louisiana and California have the most organizations with lobbyists trying to influence their state legislatures on gambling issues.
 

Connecticut Legislators Move to Ban Vegas Style Games

3 May 2002
News Brief: Worried that time may be running out to slow Connecticut's rush into casino gambling, some state legislators are pushing an outright ban on Las Vegas-style games.
 

Arizona Gambling Vote Delayed Again

3 May 2002
News Brief: The Arizona Senate has delayed until Monday its final vote on an agreement between Gov. Jane Hull and 17 Indian tribes to continue casino operations.
 

Slot Maker Sued Over Loan

3 May 2002
Finova Capital Corp. sued Las Vegas slot machine maker Innovative Gaming Corp. of America in Clark County District Court Thursday, alleging it defaulted on a $909,698 loan.
 

HGN Injunction on Ho Online Casino Denied

3 May 2002
U.S. District Judge Larry Hicks denied Home Gambling Network's request for a preliminary injunction that would shut down Stanely Ho's Internet gambling site, on the claim that it violated their Internet gambling patent.
 

Atlantic City Sands Workers Lose Jobs

3 May 2002
News Brief: A total of 266 Sands Casino Hotel employees will lose their jobs as the casino discards more than half of its gaming tables, a Sands executive said Thursday.
 

Law Professor: Canadian Online Lottery Case Misses Point

3 May 2002
Last week, a Prince Edward Island court ruled that a land-based lottery that obtained provincial approval to operate on-line ran counter to the Canadian Criminal Code. One law expert feels that the courts missed some groundbreaking legal opportunities.
 

Tennessee Senator: Lottery Opponents Exaggerate Teen Gambling Problem

3 May 2002
News Brief: Tennessee Senator Steve Cohen says that opponents to a Tennessee lottery are spouting misleading information about the number of teens who have gambling problems in Georgia.
 

Asian Authorities Fear World Cup Gambling

2 May 2002
International News Brief: Fearing a surge of illegal gambling on the World Cup, authorities are cracking down on bookmakers and bettors in what has become a billion-dollar industry in Asia.
 

Harlan's Holiday Favorite for Kentucky Derby

2 May 2002
News Brief: The numbers are set for Harlan's Holiday: He'll try to win the Kentucky Derby from the No. 14 post as the 9-2 favourite in a full field of 20 horses.
 

Las Vegas Hilton Offers Incentives to Locals

2 May 2002
In a move designed to draw more local business, the Las Vegas Hilton announced it will offer additional incentives to residents who hold a slot card at the off-Strip property.
 

Powerball Jackpot at $54 Million

2 May 2002
The biggest lottery jackpot in the US is growing to $54 million for Saturday’s drawing.
 

Cash Spectacular Joins Pennsylvania Lottery's Instant Ticket Lineup

2 May 2002
Cash Spectacular is a $10 ticket, the first $10 non-holiday instant ticket game ever offered by the Pennsylvania Lottery.
 

Pennsylvania Lottery Presents Royal Riches, COOL 7's Games

2 May 2002
Royal Riches is a $2 instant ticket game with a top prize of $25,000 and eight chances to win on each ticket. Cool 7's is a $1 game in a tic-tac-toe theme.
 

Study: North American Gamblers More Loyal than UK Gamblers

2 May 2002
A study found that UK online customers are the most determined to beat the bookmaker with the average customer holding 4.29 accounts each. In contrast, the North American customer is far more loyal, holding an average of 1.45 accounts.
 


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