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Gaming News Archives - Page 5108Philippine President Rejects Casino University Proposal25 April 2002
Philippine President Gloria Arroyo has rejected plans to open what was touted to be the world's first gambling university, amid opposition from the Catholic church.
Bandits Steal $180,000 in Casino Chips25 April 2002
News Brief: Three bandits stole about $180,000 in casino chips from a high-stakes blackjack table at the Trump Taj Mahal Casino Resort.
Ex -Trump Employees Added to Atlantic City Casino Exclusion List25 April 2002
News Brief: Two former Trump employees who operated a sports-betting ring in the workplace are banned from setting foot inside any casino in Atlantic City, the Casino Control Commission ruled.
Alberta Raffle Manager Fined25 April 2002
News Brief: The manager of Full House Lottery has been fined $6,500 for five infractions in last year's version of the wildly popular Edmonton, Alberta, raffle.
CEO: Cutting Giveaways Pays25 April 2002
Encouraged by his own company's discipline and first-quarter results, Aztar CEO, Paul Rubeli , tried to further whip his Atlantic City casino competitors into reducing cash giveaways to gamblers.
Penn National Gaming Completes Bullwhackers Casino Acquisition25 April 2002
Penn National has completed the purchase of the assets of the Bullwhackers Casino operations from Colorado Gaming and Entertainment Co. for $6.5 million.
ATE, Christiansen Capital Advisors Sign Strategic Partnership Agreement25 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 Racetrack25 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 200225 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 Refinancing25 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 Dividend25 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 Casino25 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 Offer25 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 Casinos25 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 License25 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 Days25 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 List25 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 Benefits25 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 Deal24 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 Record24 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.
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