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Gaming News Archives - Page 5133Powerball Hits $48 Million25 March 2002
Nobody matched all of Saturday’s numbers driving the jackpot to an estimated $48 million for Wednesday’s drawing.
Gamblers Must Report Winnings to IRS25 March 2002
News Brief: With more and more gambling establishments, the IRS reminds people that they must report all gambling winnings as income on their tax return.
Missouri Hot Line Reports More Callers25 March 2002
News Brief: More problem gamblers are calling a hot line and asking to be permanently banned from the state’s casinos as efforts to educate the public about the programs expand.
High Tech Slots Hit Jackpot25 March 2002
News Brief: Over the past 25 years, slot machines have shed their stigma as the game of choice for women and inexperienced gamblers, to become the dominant revenue generator and the most profitable component in the gambling business.
Massachusetts Study: Up to 117,400 Nevadans Have Gambling Problem25 March 2002
A Massachusetts study estimates that 72,800 to 117,400 Nevadans have a gambling problem.
Atlantic City Casinos' Finances an Open Book25 March 2002
News Brief: Amid mounting pressure for greater accountability among corporations, the casino industry might stand tall by comparison to others, according to industry experts.
Harrah's Entertainment Names New Vice Presidents25 March 2002
Harrah’s Entertainment announces that Chris Komanowski has joined the company as vice president of development and Dr. David Richter has been named vice president of enterprise systems providers.
Aristocrat, Barbary Coast Hotel & Casino Sign Contract25 March 2002
Aristocrat Technologies has been awarded a contract for the installation of its OASIS casino management system at the Barbary Coast Hotel & Casino in Las Vegas.
Expansion, Locals Keep Carson City Gaming Revenue Steady25 March 2002
Despite an ailing national economy and gaming losses throughout much of Nevada, casinos in the Carson City-Douglas County region have posted 12 straight months of increased winnings.
World Gaming Announces Board Changes25 March 2002
World Gaming announced the resignations of Fred Hazell as Chairman of its Board of Directors and Jason Bolduc as Director. The company's CEO, Mike Aymong, will assume the position of Chairman on an interim basis.
Majestic Star Casino Reports Strong Q4, Year End Results25 March 2002
Majestic Star reports earnings for 2001 was $25.4 million, compared to $21.2 million in 2000, an increase of $4.2 million or 19.8%.
Slots Eclipsing Table Games25 March 2002
News Brief: Nationwide, slot earnings account for about 75 percent of casino revenue compared to 25 percent for table games.
Greece Bans All Electronic Games25 March 2002
International News Brief: A gambling scandal involving high officials of Greece’s Prime Minister Costas Simitis’ party has driven him to order a ban on all electronic arcade games, however innocent.
California Tribal Casino Bets on Trump25 March 2002
News Brief: Donald Trump has a deal to manage a casino for the Twenty-Nine Palms Band of Mission Indians near Coachella, California.
Boyd Has Advantage in Rhode Island Casino Fight25 March 2002
News Brief: Town officials are preparing to give Boyd Gaming and the Narragansett Indian Tribe exclusive rights to a casino in West Warwick, Rhode Island, even though state leaders are debating over a casino referendum.
Gambling Industry Takes Beating in Florida Legislature25 March 2002
News Brief: The Florida legislative session saw video lottery terminals fail and casino gambling in hotels ignored. A bill to expand the hours that card rooms operate at racetracks is likely to be vetoed by the governor.
South Out to Deal Blow to Video Poker25 March 2002
News Brief: Lawmakers and religious groups have teamed up to ban video poker machines in the Bible Belt and eliminate a popular pastime that has been labeled the crack cocaine of gambling.
Britain to Liberalize Gaming Laws25 March 2002
International News Brief: As casinos, bookies and bingo halls lick their lips at the prospect of the biggest liberalisation of gambling laws, others are preparing for the problems that may come with Britain’s gambling expansion.
Gambler Challenging Connecticut Tribal Court System25 March 2002
News Brief: A Massachusetts man who believes he was cheated out of a jackpot by a Connecticut casino has filed a federal lawsuit in hopes of overturning the sovereignty of Indian tribal courts.
Macau Bids In Trouble25 March 2002
International News Brief: The Macau government is on the verge of dumping two of the three successful applicants for casino licences and has told a rival operator to be ready to step in as a replacement.
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