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Gaming News Archives - Page 5107

 
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ATE, Christiansen Capital Advisors Sign Strategic Partnership Agreement

25 April 2002
ATE and Christiansen Capital Advisors has signed a partnership agreement to focus on online service developments through ATE's new media channel, ATEOnline and CCA's core business and online site
 

Carnegie Cooke Signs Contract with Brazilian Racetrack

25 April 2002
Carnegie Cooke & Company has signed an exclusive contract with the San Vincente Jockey Club in Sao Paulo, Brazil to open OTB agencies and install Virtual Reality Gaming Machines throughout the state of Sao Paulo.
 

Trump Loss Decreases in Q1 2002

25 April 2002
Trump reports net loss for Q1 2002 decreased to $4.6 million, or $0.21 per share, compared to a net loss of $16.9 million, or $0.77 per share for Q1 2001. EBITDA increased to $74.1 million in Q1 2002, compared to $50.8 million reported Q1 2001.
 

Trump Seeks $470 Million Refinancing

25 April 2002
Trump Casino Holdings, LLC and Trump Casino Funding, Inc. will offer for private placement to qualified institutional buyers, $470 million aggregate principal amount of a new issue of first mortgage notes due 2010.
 

Dover Downs Declares Regular Quarterly Dividend

25 April 2002
Dover Downs Board of Directors today declared an initial quarterly cash dividend on both classes of common stock of $.0375 per share.
 

Tribe Name Used to Propose Pennsylvania Casino

25 April 2002
News Brief: Someone is using the Ontario Six Nations of the Grand River’s name to propose a casino in a small Pennsylvania coal town.
 

Illinois Gaming Board Rejects Emerald Casino Offer

25 April 2002
Illinois Gaming Board officials have rejected the latest buyout offer for the troubled Emerald casino project and are insisting that any deal preserve the board's option to site a new riverboat somewhere other than Rosemont.
 

Peru Bans Casinos

25 April 2002
Peru's Congress approved a law banning casinos starting Jan. 1, 2005, after legislators said the casinos weren't providing tax revenue and were encouraging gambling.
 

Andersen Gets 18-Day Extension for Atlantic City License

25 April 2002
News Brief: The Atlantic City casino commission gave indicted auditor Arthur Andersen LLP an 18-day extension to apply for a casino-service industry license. Andersen had wanted a 45-day extension.
 

Detroit Extends Casino Deadline 45 More Days

25 April 2002
News Brief: Detroit Mayor Kwame Kilpatrick, who initially bristled at the city council's request for 60 days to finalize agreements with Detroit's three casinos, asked on Wednesday for 45 more days to consider the proposals.
 

Kittery Off Casino List

25 April 2002
News Brief: Kittery is off the list of sites for a Foxwoods-style casino, the lawyer for Maine's Passamaquoddy and Penobscot Indian tribes said Wednesday.
 

Global Cash Access Blocks Government Benefits

25 April 2002
Global Cash Access is offering states the option to block electronic government benefits from being accessed in casinos.
 

Hollywood Park, Horse Owners Reach Deal

24 April 2002
New Brief: The Thoroughbred Owners of California and Hollywood Park reached an agreement regarding the distribution of revenue garnered from advanced deposit account wagering on the track’s spring/summer meeting.
 

Tyson-Lewis Tickets Could Set Boxing Gate Record

24 April 2002
News Brief: If ticket sales for the Tyson-Lewis title bout go as expected beginning today, the city likely will be playing host to the richest fight ever on June 8.
 

Washington State Lotto Gets Makeover

24 April 2002
News Brief: The Washington State Lottery is revamping its Lotto game to boost jackpots, lengthen the odds on winning, and increase the number of smaller payoffs.
 

The Mohegan Sun Hotel Unveiled

24 April 2002
The Mohegan Sun unveiled the final element of its $1 billion expansion, the new 34-story, 1,200-room Mohegan Sun Hotel.
 

IQ-Ludorum Releases IQ-Racing 1.0

24 April 2002
IQ-Ludorum is launching IQ-Racing, a complete online horse and greyhound racing wagering solution, supporting live racing feeds and pari-mutuel wagering.
 

Robbers Ruin Gambler's Lucky Night

24 April 2002
International News Brief: A South African businessman thought it was his lucky night when he won R70 000 (US$6,417) at a casino, but his joy soon ended when he was attacked by two armed men and robbed of his winnings when he arrived home.
 

Lottery Confusion Dashes Man's Dreams of Jackpot

24 April 2002
News Brief: An error in reporting lottery results had a Wisconsin man searching the garbage for what he thought was a winning ticket.
 

Ontario Cops Found in Illegal Gaming House

24 April 2002
Two police officers have been charged and suspended from their duties after an illegal gaming house was raided Monday.
 


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