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Gaming News Archives - Page 5118S&P Rates Gives Wynn Las Vegas 'B' Rating9 October 2002
Standard & Poor's Ratings Services said today that it assigned its single-'B' corporate credit rating to Wynn Las Vegas LLC.
Wynn's Road Show Receives Favorable Reviews9 October 2002
Steve Wynn spent his second day selling institutional investors on the pending initial public offering of shares in his Wynn Resorts, and a Wall Street insider said the money-men have shown strong interest in the stock and in his planned Le Reve megaresort.
Prudential Cuts Argosy Rating9 October 2002
Prudential analyst, William Lerner, cut Argosy Gaming to sell from hold.
GTech Receives California Contract, Names New Chairman9 October 2002
Gtech Holdings received a six- year, $300 million contract to provide a new online and instant-ticket system for the Califoria Lottery. Separately, the lottery services company named Emmett Paige Jr. chairman.
Argosy Sees Earnings Below Analyst Estimates9 October 2002
Argosy Gaming its earnings for the next three quarters to miss analysts' estimates, due in part to higher taxes.
Tropicana Lays Off Restaurant Workers9 October 2002
News Brief: About 140 employees will lose their jobs when Atlantic City’s Tropicana Casino and Resort closes two restaurants next month.
Borgata Crew Working its Way to the Top9 October 2002
News Brief: For more than two years, an enormous crew has been working to build the $1 billion Borgata Hotel Casino & Spa in Atlantic City.
Gaming Lawyers Kept Busy9 October 2002
News Brief: There are the prosecutors who convict those who commit crimes on the casino floors. Then there are the attorneys who handle regulatory matters and make sure the machines are operating properly. And those who defend the casinos and who represent disgruntled employees.
Illinois Candidate Opposes Chicago Casino9 October 2002
News Brief: Republican gubernatorial candidate Jim Ryan said he would fight Mayor Richard Daley's suggestion of a modified state gambling permit to open a casino in Chicago.
Louisiana Study: Tribal Casino Would Be Unfair Competition9 October 2002
News Brief: A proposed tribal casino would be unfair competition for nearby Louisiana casinos that have to comply with rules that do not govern Indian casinos, according to a draft copy of an economic impact study.
No More Free Bingo Games at Wal-Mart9 October 2002
News Brief: Wal-Mart can no longer allow free bingo games for seniors to be held in its stores, the Pennsylvania House decided yesterday.
Saskatoon Officials Push for Vote on Casino Proposal9 October 2002
News Brief: Saskatoon, Saskatchewan, residents should get an opportunity to vote on an Indian-owned casino proposed for the downtown area, say several city councillors.
Pennsylvania Lawmaker Pushes for Legalized Slots at Tracks9 October 2002
News Brief: A Democratic state lawmaker urged the Legislature yesterday to move forward with a proposal he introduced a year ago to legalize slot machines at Pennsylvania's four horse racing tracks, saying there is ample public support for the idea.
Casino Opponents Dominate Maine Casino Forum9 October 2002
News Brief: Opponents far outnumbered supporters Tuesday night at Biddeford, Maine’s first public forum on a proposed gambling casino.
Chicago Mayor Openly Supports Casino9 October 2002
News Brief: After newspapers reported that Chicago’s Mayor Daley was seriously reconsidering his opposition to casino gambling, the mayor dropped all pretenses and publicly showed his enthusiastic support for a casino in Chicago.
International Wagering Debated at Federation Summit in Paris8 October 2002
International News Brief: Heading the list of key issues discussed at the International Federation of Horseracing Authorities were threats faced by racing throughout the world as Internet and account wagering options multiply and commercial terms regarding international simulcasting and wagering.
TSN's CEO Addresses Gambling Issues at Conference8 October 2002
Sports betting is delicate subject, frowned upon by sports executives, taking the position that acceptance of its existence is a fact of life, Mickey Charles, President & CEO of The Sports Network, went to the core of the matter at the recent Sports Business Marketing & Sponsorship Conference.
Crisis Counsellor Fights Own Gambling Addiction8 October 2002
Marilyn McAran has no shortage of empathy for the desperate video-lottery addicts she sometimes has to counsel in her job at a Montreal crisis-intervention centre.
Michigan Bar Owner Faces Racketeering Charges8 October 2002
News Brief: One of Michigan's best-known topless-bar owners faces arraignment today on allegations he used one of his clubs as a front for prostitution, gambling and drug dealing.
Mandalay Resort Group Websites Honored with Three Awards8 October 2002
The websites of three Mandalay Resort have been honored for their creative innovation, efficiency and ease of use by the Web Marketing Association in the Hotel and Lodging Category.
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