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Gaming News Archives - Page 5110

 
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Sands Casino Folds its Hand on Table Games

23 April 2002
News Brief: Atlantic City’s Sands Casino Hotel is taking a national gaming trend to its near extreme, junking more than half of its table games.
 

Tropicana Begins $225 Million Expansion

23 April 2002
News Brief: Tropicana has begun construction on a controversial $225 million expansion that will add a parking garage, a retail village and a 502-room hotel tower to the Atlantic City casino hotel.
 

Massachusetts Houses Considers Casino Option

23 April 2002
News Brief: The Massachusetts House will breathe fresh life into a long-opposed bid to allow a Foxwoods-style casino into the state, tempted by promises of easy gambling money to fill a gaping budget hole.
 

Harrah's New Orleans Jobs, Payroll Off 8%

23 April 2002
News Brief: A year after winning a major tax cut from the Legislature, Harrah's New Orleans Casino has reduced its work force and payroll by 8 percent, but is still within its minimum employment obligation.
 

Second Tulalip Casino Moves Ahead

23 April 2002
News Brief: Washington State’s Tulalip Tribe will likely be allowed to increase the number of casinos from one to two and the number of total gaming tables from 50 to 125.
 

Arizona Governor Touts Benefits of Gaming

23 April 2002
News Brief: Arizona Governor Jane Hull provided examples of how gaming money helped the community in her continued efforts to lobby for passage of her Indian gaming bill.
 

Detroit Mayor Delivers Casino Agreements to City Council

23 April 2002
Mayor Kwame M. Kilpatrick delivered to Detroit City Council on Monday the final signed development agreements detailing the terms under which Greektown and MGM Grand Detroit will build permanent casinos in the city.
 

JCC Holding Responds to Harrah's

23 April 2002
President of JCC, Paul Debban, accuses Harrah’s of deflecting negative facts with personal attacks.
 

Christian Leader's Horse Racing Criticized

22 April 2002
Pat Robertson’s high-profile as the Christian Coalition founder and crusading moralist who bashes deviance of any kind has not stopped him from walking a tightrope between the gambling industry and his love for horse racing.
 

UK Jackpot Winner Beats Deadline

22 April 2002
International News Brief: UK’s Camelot is confirming the claim of a potential jackpot winner who came forward just two days before the deadline.
 

Tokyo Teacher Scams Insurance Company to Pay Gambling Debts

22 April 2002
International News Brief: A Tokyo junior high schoolteacher has been arrested for scheming with his mobster friend to defraud millions of yen from an insurance company. The schoolteacher says he needed the money to pay off gambling debts.
 

Accused Minister's Wife Testifies About Secret Gambling

22 April 2002
News Brief: The wife of a minister accused of misusing taxpayer money testified Thursday. The couple's gambling addiction included two years of secret late-night trips to casinos five nights a week.
 

MGM Mirage Signs Agreement in Detroit

22 April 2002
MGM Mirage has entered into agreement with Detroit providing for the construction of a permanent hotel/casino complex.
 

Montana Gambling Growth Over

22 April 2002
News Brief: Gambling revenues have doubled in Montana over the past decade, but it appears the years of explosive growth are over.
 

Station Casino Execs to Sell $26 Million in Stock

22 April 2002
The top three executives of Station Casinos Inc. have filed forms with the Securities and Exchange Commission announcing their intention to sell up to $25.9 million in company stock.
 

Andersen Rivals to Pick Up Nevada Gaming Companies

22 April 2002
Should Arthur Andersen company collapse, rivals Deloitte & Touche LLP and PricewaterhouseCoopers will most likely take on Andersen's lucrative gaming clients, as well as many of its Nevada employees.
 

Deck Stacked Against San Diego Online Gaming

22 April 2002
News Brief: According to newly filed financial reports, San Diego's three publicly held Internet gambling-related companies are shedding a tear as the industry goes on a tear, however, a tear that could lead to a severe shakeout.
 

Chartwell Results Down for Q1 2002

22 April 2002
Chartwell reports total revenues for Q1 2002 were $407,343 a decrease of 8% over Q1 2001. The loss for the period was $776,846 compared with a loss of $596,469 in Q1 2001.
 

Park Place Reports Profit Down for Q1 2002

22 April 2002
Park Place reported net income of $40 million, or $0.13 per diluted share, for Q1 2002, compared to net income of $45 million, or $0.15 per diluted share, for the first quarter of 2001.
 

Casino Pauma Selected as Pilot Site for QuikPlay ATM

22 April 2002
Casino Pauma in Pauma Valley, California, has been selected as the pilot site for QuikPlay ATM product. QuikPlay ATM enables newer-model gaming machines to receive ATM funds via a highly secure technology platform.
 


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