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Gaming News Archives - Page 5094New Ratings Structure for Gaming Companies Adopted5 November 2002
Wall Street investment firm Goldman, Sachs & Co. has adopted a new ratings system for gaming companies that rates stocks relative to their peer group rather than the broader market.
Analyst Upgrades Boyd Shares5 November 2002
CIBC World Markets analyst William Schmitt has raised his rating on Las Vegas-based Boyd Gaming Corp. from `Sector Performer’ to `Sector Outperformer.’
Analyst Raises Mikohn Rating5 November 2002
Jefferies & Co. gaming analyst Larry Klatzkin has upgraded his rating on slot machine maker Mikohn Gaming Corp. from `accumulate’ to `buy.’
GM of Harrah's New Orleans Quits5 November 2002
News Brief: The general manager who led Harrah's New Orleans Casino to profitability after the gambling hall emerged from its second bankruptcy has resigned
Aruze Investment in Wynn Resorts Detailed5 November 2002
Aruze Corp., Japan's biggest maker of pachinko and slot machines, today detailed plans to invest $75 million in Wynn Resorts Ltd.
Desert Passage Disappoints5 November 2002
Lower-than-expected returns from the Hollywood & Highland retail and office complex in Los Angeles and the Desert Passage mall at the bankrupt Aladdin resort on the Las Vegas Strip contributed to a 35 percent drop in Trizec's share price this year.
Canadian Bank Note Company Signs Marketing Agreement With Ontario Lottery5 November 2002
Canadian Bank Note Company has signed an exclusive multi-year marketing agreement with the Ontario Lottery and Gaming Corporation to market internationally "SuperStar Bingo".
Pinnacle Entertainment to Relocate Headquarters to Las Vegas5 November 2002
Pinnacle Entertainment is moving its corporate headquarters to Las Vegas, Nevada, from its current location in Glendale, California.
Indigenous Global to Take Over Reno's Sundowner Casino5 November 2002
Indigenous Global Development Corporation is planning to spend over $10 million revitalizing the Sundowner to reflect its new ownership as well as pump new life into the downtown area of Reno.
IGCA Delisted on Tuesday5 November 2002
Las Vegas-based slot manufacturer Innovative Gaming Corp. of America announced Monday that its shares have been delisted from the Nasdaq SmallCap market effective today.
Opposition to Tennessee Lottery Avoid Moral Issue5 November 2002
News Brief: While the anti-lottery campaign's hopes of defeating today's referendum depend heavily on a grass roots Christian army, opposition leaders purposely avoid casting the vote as a sin issue.
South Korea Relaxes Casino Restrictions5 November 2002
International News Brief: South Korea's tightly controlled gambling industry will take a step towards respectability today when shares in Paradise, one of the country's few casino operators, begin trading in Seoul.
Maryland Vote to Decide Future of Slots5 November 2002
News Brief: Like cherries spinning across the face of a one-armed bandit, the chances of slot machines coming to Maryland's racetracks could be lining up to hit the jackpot for gambling backers.
California Band in Middle of Casino War5 November 2002
The small band of Buena Vista Miwoks is in the middle of one of the fiercest California casino battles.
Connecticut Communities to Vote on Casino Expansion5 November 2002
Today, nine communities will vote in a non-binding referendum on casino development. Kittery, an upscale community just over the border from New Hampshire, rejected the proposal earlier this year, along with several other York County communities.
Pick Six Bettor's Attorney Said He Did Nothing Wrong5 November 2002
News Brief: As the investigation into Derrick Davis’s wager in the Breeders’ Cup Ultra Pick Six continues, Davis is referring most questions to his Baltimore attorney, Steven Allen.
Wagering System Leaves Room for Improvement4 November 2002
News Brief: As horse racing has expanded its client base by moving into the computer and telecommunications world for parimutuel wagering, it has also created a new window of opportunity for sophisticated software chicanery.
Seneca Nation to Add Card Games4 November 2002
News Brief: The Seneca Nation plans to expand its Class II gambling operation from bingo and slotlike video gambling machines to wagering on cards.
InterCasino Launches Player to Player Online Poker Room4 November 2002
The player versus player InterCasinoPoker room allows players to be able to log on to the poker software using their existing InterCasino or InterBingo accounts, and play using their existing balance.
Mega Millions Excitement and Jackpot Growing4 November 2002
Since none of those tickets for Friday’s drawing matched all six numbers to win the $69 million jackpot, the estimated jackpot for Tuesday's drawing grows to $79 million.
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