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Gaming News Archives - Page 5104

 
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Expert: Lottery Disputes Can Be Avoided

29 April 2002
Experts say that casual agreements among employees involved in office lottery pools can lead to a multimillion dollar mess.
 

$55 Million Powerball Winner Going Home

29 April 2002
News Brief: Cabbie Ihsan Khan is using some of his $55 million Powerball lottery jackpot for a trip back to Pakistan.
 

Expert: Drug Could Help Problem Gamblers

29 April 2002
International News Brief: A drug used to rehabilitate heroin addicts and alcoholics was showing early promise as a treatment for problem gamblers, according to a psychiatrist speaking at the Royal Australian and New Zealand College of Psychiatrists' conference.
 

Casino Shootings Leave Three Dead, Twelve Wounded

29 April 2002
Gamblers ran for cover as rival motorcycle gangs feuded on a crowded Harrah's casino floor, leaving three dead and a dozen wounded in the worst ever shooting inside a Nevada casino.
 

Churchill Downs Creates New Internal Operating Unit

29 April 2002
Churchill Downs Simulcast Network will focus on national and global simulcast wagering opportunities, as well as oversee the marketing, sales, operations and data support efforts related to company-owned racing content.
 

Boyd Gaming To Sell 145,000 Shares

29 April 2002
News Brief: Boyd Gaming Director Robert Boughner registered to sell 145,000 shares of the company's common stock.
 

Tokyo Court's Aruze Clearance Should Benefit Le Reve Project

29 April 2002
A company owned by Steve Wynn's Le Reve partner has been cleared by a Tokyo court on charges that it concealed $35 million in income from Japanese tax authorities.
 

Sportingbet, dot com Entertainment Sign License Agreement

29 April 2002
dot com Entertainment Group, Inc. has entered into a software license agreement to provide Sportingbet with a minimum with casino and bingo on-line gaming systems.
 

Florida Gaming Reports Profit for Q1

29 April 2002
Florida Gaming reports net income for Q1 2002 was $177,249 ($.01 per common share), compared to a net loss of $99,004 ($.03 per common share) for Q1 2001.
 

Interlott Reports Strong Q1 2002 Results

29 April 2002
Interlott reports that revenue for Q1 2002 was $11.1 million, up 43 percent from $7.8 million in Q1 2001. Net income was $522,000, or 8 cents per diluted share, compared with $196,000, or 3 cents, for Q1 2001.
 

Thunderbird Gaming CEO Resigns, Company Reports "Very Tight" Cash Position

29 April 2002
International Thunderbird announces the resignation of its Chairman, stops new country development, reduces staff and states that its cash position is "very tight".
 

Monarch Casino & Resort Reports Strong Q1 2002

29 April 2002
For Q1 2002, Monarch reports net income was $1,585,084, a 424% increase over net income of $302,311 for Q1 2001.
 

New Jersey Facing Gaming Challenges

29 April 2002
A new governor has stepped from the frying pan of an election into the fire of a fiscal mess.
 

Atlantic City Weekly Round-Up

29 April 2002
News and views from Atlantic City.
 

New York Problem Gambling Program Hits Snag

29 April 2002
News Brief: New York's dramatic expansion of gambling could cost the state millions more to deal with problem gamblers, but a plan to underwrite the higher costs has hit a snag before it has even been debated.
 

New Mexico Tribe's Casino Immune From Suit

29 April 2002
The New Mexico Supreme Court ruled that an Indian tribe cannot be sued in state court for injuries suffered by a non-Indian at a gambling casino in 1996 when no tribal-state compact was in effect.
 

Suit Over Wisconsin Indian Casinos Dismissed

29 April 2002
A Wisconsin judge dismissed a lawsuit seeking to bar the governor from renegotiating compacts that allow Indian tribes to run casinos because Dairyland Greyhound Park failed to name the tribes in its lawsuit.
 

California Reduces Tribal Casino Employee Standards

29 April 2002
News Brief: In private negotiations with California Indian tribes, Attorney General Bill Lockyer's office has agreed to substantially reduce the number of tribal casino employees who must be approved by the state.
 

Gaming Firm Sues Mississippi Regulators

29 April 2002
News Brief: A&A Amusements Inc. is suing the Mississippi Gaming Commission in U.S. District Court in Greenville, challenging Mississippi law on illegal gambling devices.
 

Michigan Tribe Teams With Businessman Barden

29 April 2002
News Brief: A small Michigan Indian tribe fighting for the chance to own a Detroit casino says a U.S. judge should force the city to pick new operators because the tribe now has the viable partner, Detroit businessman Don Barden.
 


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