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Gaming News Archives - Page 5127

 
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Columnist Ralph Siraco: Kentucky Derby Winner Could Emerge from these 25 Runners

25 February 2002
With fewer than 10 weeks to go until this year's Kentucky Derby, it's time for the first "Derby watch" list of leading contenders for the "Run for the Roses."
 

Will e-wagering Hurt Racetracks?

25 February 2002
News Brief: Can horse racing embrace new gambling technology without destroying the sport? Proponents hope that online betting will draw more people to horse racing.
 

Atlantic City Resorts Unpacks its Hotel Plans

25 February 2002
News Brief: In perhaps the clearest sign yet that the local casino industry has recovered from Sept. 11, Resorts Atlantic City will proceed with its $125 million hotel expansion.
 

BrightBlue iTV to Launch Betting Services

25 February 2002
International News Brief:BrightBlue, the interactive TV channel, has struck a deal with Randombet and BettingCorp to provide gambling services to its viewers in anticipation of the World Cup in May.
 

Intertops.com Announces Odds on TV Ratings War

25 February 2002
Intertops customers may wager on whether the premiere episode of Survivor: Marquesas or the highly anticipated episode of the NBC sitcom Friends will score higher in the ratings for Thursday, February 28th.
 

Sentenced Bookmaker Cohen Files Petition With U.S. Supreme Court

25 February 2002
Jay Cohen, who co-founded online sports book World Sports Exchange (WSEX) in Antigua and lost previous appeals, has entered a petition to the U.S. Supreme Court. A copy of the petition follows.
 

Feds Indict Eight in Crackdown on Alleged Bookie Ring

25 February 2002
News Brief: Eight men were indicted on federal charges of operating a bookmaking ring whose members kept records on water soluble paper and held meetings in the hush of a suburban cemetery.
 

Record Lottery Couple Comes Forward

25 February 2002
News Brief: Paul and Rose Briscoe, a Tustin Ranch, California, couple who shared in the lottery's record-breaking $193 million jackpot, finally faced the cameras Saturday and presented themselves as calm, level-headed, responsible, and wildly lucky.
 

Ex-Mountie Guilty in Lottery Scam

25 February 2002
News Brief: Prosecutors in Montreal have recommended 4 1/2 years in jail for a retired officer of the Royal Canadian Mounted Police who worked on an anti-telemarketing task force but ran his own lottery scam on the side.
 

Tabcorp Hit by Australian Reform Concern

25 February 2002
International News Brief: Shares in Australia's Tabcorp Holdings, fell more than 2 per cent amid concerns a new wave of poker machine reforms could hurt revenue.
 

Tycoon Fok to Leave Partnership with Stanley Ho

25 February 2002
International News Brief: Beijing-linked tycoon Henry Fok is to offload his shares in a Macau gambling concern, after a 40-year partnership with casino mogul Stanley Ho, amid a war of words over profits.
 

Iowa Casino Boasts Record-Setting Day

25 February 2002
News Brief: Iowa’s Dubuque Greyhound Park & Casino recently posted its best slot showing in the casino's six-year history, bringing in over $3 million.
 

Atlantic City Casinos Hit Big with Nickel Slots

25 February 2002
News Brief: Gamblers here are trading their quarters for nickels, with the ironic result being more revenue for the casinos. Nickel slot-machine revenue surged 62.1 percent last year, to $560.5 million.
 

Report: Gambling Expansion to Help Macao Economy

25 February 2002
International News Brief: According to a Macao Branch of Bank of China report, breaking up monopoly in the gambling market will bring a new tide of investment to Macao.
 

Sportingbet Strategic Expansion in Australia

25 February 2002
Sportingbet announces that it has purchased the business and customer database of Michael Sullivan, one of Australia’s leading on course telephone bookmakers.
 

Ameristar Casinos Missouri Chief Out

25 February 2002
Ameristar Casinos president of Missouri operations, John Finamore, is no longer employed with the company.
 

Dover Downs Reports Loss for Q4

25 February 2002
Dover Downs reported a net loss of $175,000 for Q4 2001 and earnings on a per share basis of $.00.
 

Interlott Reports Mixed Results

25 February 2002
Interlott reports that revenue for Q4 2001 was $9.9 million, slightly above Q4 2000. Net income for the quarter was $333,000, or 5 cents per diluted share, compared with $452,000, or 7 cents, a year ago.
 

FTC Seeks to Halt Cross-Border Lottery Fraud

25 February 2002
The Federal Trade Commission has asked a United States District Court to halt a cross-border telemarketing operation that targets elderly U.S. consumers in an illegal foreign lottery scheme.
 

Australian Bill Proposes Gambling Restictions

25 February 2002
International News Brief: Under measures to tackle problem gambling, Australian poker machines will be barred from accepting $100 notes. Restrictions will also be imposed on cash withdrawals from teller machines at gaming venues.
 


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