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Gaming News Archives - Page 5097Stanley Leisure Buys Two Casinos8 May 2002
International News Brief: Stanley Leisure PLC said it has bought two casinos for £8.1 million (US$11.7 million) from Roy Kerr, Matthew Kerr and David Bean.
Industry Survey Shows Growth in Casino Gaming for 20018 May 2002
An annual industry survey by the American Gaming Association found that, despite significant challenges to the tourism and hospitality sectors in 2001, casino gaming remained one of the nation's favorite pastimes.
PDS Gaming Reports Loss for Q18 May 2002
For Q1 2002, the PDS Gaming’s loss from continuing operations was $481,000 or $0.13 per diluted share compared to income from continuing operations of $764,000 or $0.20 per diluted share Q1 2001.
Scientific Games and MDI Terminate Letter of Intent8 May 2002
Scientific Games and MDI Entertainment have mutually and amicably terminated negotiations with respect to the previously announced contemplated acquisition of MDI by Scientific Games.
Sun International Offers $200 Million Senior Subordinated Notes Due 20118 May 2002
Sun International are privately offering approximately $200 million of senior subordinated notes due 2011.
Sun International Buys Back 9% Senior Subordinated Notes Due 20078 May 2002
Sun International are commencing a cash tender offer to purchase any and all of their outstanding 9% Senior Subordinated Notes due 2007.
IGT: A Smart Bet?8 May 2002
In an industry known more for all-you-can-eat buffets than consistent earnings growth, IGT has been among the best performing gambling stocks.
Churchill Downs Reports Loss for Q18 May 2002
Churchill Downs reported a net loss of $12.0 million, or 92 cents per share, compared with a net loss of $11.0 million, or 84 cents per share, in Q1 2001.
USA and New York Online Casinos Re-launch with Playtech Software8 May 2002
InterContinental Casinos plans to re-launch both USA and New York online casinos with exciting new software provided by Playtech.
Pennsylvania Lawmaker Aims to Legalize Riverboat Casinos8 May 2002
News Brief: A Pennsylvania House Democratic leader plans to propose today legislation that would legalize riverboat gambling statewide.
MGM Mirage Drops Andersen8 May 2002
Shareholders of Las Vegas-based MGM Mirage have voted to hire a new accounting firm, parting ways with embattled Arthur Andersen as it deals with fallout from the Enron bankruptcy.
New Zealand Gaming Industry Casts Doubt on Monitoring8 May 2002
International News Brief: A move to electronically monitor non-casino gaming machines to counter fraud could put several operators out of business and hurt charities reliant on their funding, the gaming industry says.
Illinois Lawmaker: Casino Expansion in Exchange for Higher Taxes8 May 2002
News Brief: Illinois' legislative leaders, struggling with a $1.2 billion budget shortfall, may be quietly planning an agreement to allow casinos to expand in exchange for upping their taxes.
U.S. Official: Macau Casinos Will Bring Law Enforcement Challenges8 May 2002
International News Brief: As Macau opens its gambling industry to competition from Las Vegas casino operators, authorities must ensure it doesn't provide opportunities for counterfeiters and money launderers, according to a U.S. official.
Emerald Casino Lawyers Seek Delay of Hearing8 May 2002
News Brief: Emerald Casino lawyers Tuesday sought to delay a hearing in which regulators plan to lay out their case against the company's proposal to build a casino in Rosemont.
Ladbrokes Signs Broadcasting Agreement with UK Racecourses7 May 2002
International News Brief: Hilton Group said its betting and gaming division Ladbrokes has secured a deal with 49 racecourses in Britain to show live broadcasts of races at those courses in its shops.
Boxing Promoter Avoids Revocation for Bribe7 May 2002
News Brief: Boxing promoter Bob Arum persuaded New Jersey regulators not to revoke his license 1½ years after he stopped doing business in the state for paying a $100,000 bribe.
Sahara Hotel and Casino Kicks-Off 50th Anniversary Celebration7 May 2002
Sahara Hotel and Casino is commemorating their 50th Anniversary celebration by launching the premier of the first interactive Web site capturing the history of a Las Vegas casino.
Punters Bet on Alligator Racing7 May 2002
International News Brief: Six alligators dressed in waistcoats are taking part in charity contests for people looking for something different to place bets on.
Psychological Warfare and Poker7 May 2002
Professional poker players have a range of psychological weapons to upset their opponents, from distracting them with ringing mobile phones to keeping a lucky orange on the table.
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