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Gaming News Archives - Page 5090Labour Official Expresses Doubt Over Maine Casino Plan21 November 2002
News Brief: Maine Labor Commissioner Valerie Landry has come out against the creation of a casino, saying it isn't the kind of economic development the state wants or needs.
Gun Lake Casino Wins State and Federal Decision21 November 2002
The Gun Lake Casino has won a decisive boost with a Michigan Court of Appeals decision, a Federal mediator's order and growing local support for the economic and social benefits for surrounding communities.
Delta Downs Broadcasts Simulcasts Out of State20 November 2002
News Brief: More than two weeks into its 80-day meet, Delta Downs simulcast races out of state last weekend for the first time after an agreement was reached between the Louisiana Horsemen’s Benevolent and Protective Association and the track.
Former Exec Embezzled Over $2 Million20 November 2002
News Brief: Larry Thomas Ohms, former vice president of finance for United States Lime & Minerals Inc., has pleaded guilty embezzling $2.18 million in order to pay off gambling debts.
Ottawa Gambling Study Needs Recruits20 November 2002
Ottawa researchers are trying to determine whether anti-depressant medication, alone or combined with cognitive behaviour therapy, can successfully treat compulsive gambling. For the moment, the difficulty is trying to find recruits.
Atlantic City Man Charged with Selling Ecstasy at Casino Goes to Trial20 November 2002
News Brief: A man nabbed by police for allegedly selling the club drug Ecstasy in Atlantic City and Dover Township will be tried in U.S. District Court.
Winning Mega Millions Ticket Sold in New York20 November 2002
News Brief: Lottery officials said the winning ticket from Tuesday night's drawing -- worth $16 million -- was sold in Middle Village, New York.
Arkansas Prosecutor Appeals Gaming Machine Ruling20 November 2002
News Brief: Sebastian County Prosecutor Bruce Rhoades intends to appeal a judge’s ruling that several machines seized by police in May are not gambling machines.
Analysts Applaud Shakeup at Las Vegas Casino Giant20 November 2002
Stock analysts reacted favorably to Tuesday's departure of Park Place Entertainment Corp. chief executive Tom Gallagher, saying his successor has the experience needed to improve operating efficiency at the company.
Casino Profit Hurt by Bad Luck20 November 2002
Mandalay Resort Group today said it earned 50 cents a share in the third quarter, less than analysts expected, because gamblers won more than usual on table games at its Mandalay Bay casino on the Las Vegas Strip.
Analyst: Atlantic City Can't Thrive by Gaming Alone20 November 2002
News Brief: According to Bear Sterns & Co analyst, Jason Ader, the key to Atlantic City's future is a continuing emphasis on entertainment, retail and dining.
Atlantic City Casinos Squeeze Out Earnings20 November 2002
News Brief: The Atlantic City casino industry reported a 6 percent gain in third-quarter gross operating profit, helped by an easy comparison to poor results a year earlier.
Irish Bookmaker to Open Betting Shops in London20 November 2002
International News Brief: Paddy Power, Ireland's largest bookmaker, won licenses to open four outlets in London and is applying for a fifth permit as it seeks to expand in the U.K.'s betting industry.
Mikohn Gaming Insiders Default On $450,000 Loan20 November 2002
News Brief: Mikohn Gaming reports that three insiders have defaulted on loans totaling $450,000, according to its quarterly report filed with the Securities and Exchange Commission.
Mandalay Resort Group Previews Earnings20 November 2002
Mandalay Resort Group reports that for Q3 2002, it expects to report $.50 per share on an operating basis against $.32 in the year-prior Q3.
Wireless Gambling and Its Future to be Discussed at Conference20 November 2002
Gaming operators have discovered that there are many advantages to using innovative wireless technology. This trend will be discussed at the Sixth Annual International Symposium on Internet and Wireless Gambling Law and Management.
Orbis Named as One of the UK's Fastest Growing Technology Companies20 November 2002
Deloitte & Touche has unveiled its fifth annual ranking of London and the South East's fastest growing technology companies. Orbis was placed fourth in the region's rankings.
Merger of JCC Holding, Harrah's Approved20 November 2002
The Louisiana Gaming Control Board has approved the proposed merger of JCC Holding and Harrah’s Entertainment.
Expert Speakers Cover Cutting-Edge Gaming Legal Issues20 November 2002
The International Masters of Gaming Law has announced its complete speakers faculty for the groundbreaking legal conference, IMGL Presents California 2002, December 4-6, 2002 at the Silverado in Napa Valley.
Park Place Names New President, CEO20 November 2002
The Park Place Entertainment Board of Directors has named Chief Operating Officer Wallace R. Barr to succeed Thomas Gallagher as President and Chief Executive Officer.
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