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Gaming News Archives - Page 5159Royal Bank of Scotland in Talks to Buy Casino Group13 January 2002
International News Brief: The Royal Bank of Scotland is to enter exclusive talks to buy Groupe Moliflor Loisirs. Moliflor is France's sixth largest gaming group with 16 casinos and sales of $194 million.
California Lottery Lawsuit to be Dismissed13 January 2002
News Brief: A Sacramento judge plans to dismiss a lawsuit against the California Lottery for selling tickets after the top prizes were dispensed.
Casino Donation Complicates NCAA's Battle Against Gambling11 January 2002
While the NCAA was gathering its forces to ban betting on college sports in Nevada's casinos, one of the NCAA's elite member schools was accepting a big donation of stock in a casino operator to boost its athletic program.
Wheel of Fortune Player Hits $1.6 Million Jackpot11 January 2002
A player rang in the New Year by ringing up an incredible $1.6 million, the largest payout in the history of Cactus Petes Resort Casino, on a progressive quarters Wheel of Fortune machine.
Woman Hits $3.7 Million MegaJackpot11 January 2002
A Hawaiian visitor hit the $3.5 million Wheel of Fortune MegaJackpot on a 25-cent game at the California Hotel in downtown Las Vegas.
Michigan Lottery Brings Back 'Super Play' Promotion11 January 2002
This month the Michigan Lottery is giving players an extra opportunity to win big with its Michigan Millions game by bringing back its special promotion `Super Play.'
Bingo Fever Sweeps Italy11 January 2002
International News Brief: Bingo fever is sweeping Italy after the government finally legalised the game born there five centuries ago.
CryptoLogic Calls Levy Suit 'Without Merit'11 January 2002
Casino Monte Carlo, operated by Claude Levy of Belgium, has sued CryptoLogic, whose software is used by Casino Monte Carlo. The suit seeks damages of $350 million, alleging “negligent and/or fraudulent misrepresentation.”
International Thunderbird Gaming Reopens Mexican Operation11 January 2002
International Thunderbird Gaming has re-opened its skill game operation in Reynosa, Mexico, after closing the operation due to questions about the legality of skill machines.
Total Wagers at New Jersey Tracks Exceeds $1.5 Billion11 January 2002
News Brief: The total handle for tracks owned and operated by the New Jersey Sports and Exposition Authority was more than $1.5-billion during 2001.
Analysts Disagree Over Park Place Rating11 January 2002
News Brief: Some analysts see Park Place stock as a good bet, while others are not so optimistic.
Gamblers Rack Up $472 Million Loss at Iowa Casinos11 January 2002
News Brief: Mild weather and lower heating bills helped prompt gamblers to spend $472 million, up 8 percent compared with a year earlier, at Iowa's riverboats and racetrack casinos in the last half of 2001.
International Lottery & Totalizator Systems Earnings Up11 January 2002
International Lottery & Totalizator Systems reports revenues for Q2 2002 were $6.4 million with net income of $1.3 million as compared to a net loss of approximately $1.8 million and revenues of $2.0 million for Q2 2001.
Colonial Holdings Shareholders Approve Gameco Merger11 January 2002
Colonial Holdings shareholders voted to approve merger with Gameco, Inc., Gameco Acquisition, Inc. and Jeffrey P. Jacobs.
MIS, Cyberview Technology Signs Joint Venture Agreement11 January 2002
The MIS Group has formed a joint-venture company with Cyberview Technology to distribute Cyberview's downloadable gaming technology to the international casino and cruise line industries.
William Hill Stops Accepting Online Sports Wagers from U.S.11 January 2002
The U.K.'s William Hill announced today that as of Jan. 31, it will no longer accept sports wagers from United States residents on its sportsbook Web sites.
Detroit Casino Process Ruled Unconstitutional11 January 2002
News Brief: The city of Detroit violated the U.S. Constitution by giving two companies preferential treatment when issuing licenses for casinos there, a federal appeals panel ruled.
Indiana Lawmakers Considers Dockside Gambling Bill11 January 2002
News Brief: An Indiana legislator who fought to keep riverboats cruising has submitted a bill that would loosen those restrictions, allowing gamblers to come and go as they please.
Texas Casino Cruise Ship Gets Approval to Leave Port11 January 2002
News Brief: Operators of the Texas Treasure Casino Cruise, involved in a wage lawsuit with 23 employees, have posted $250,000 in bonds in exchange for federal court approval to leave port.
Magna Applies for Account Wagering License in California10 January 2002
News Brief: Magna Entertainment Corp. has filed an application with the California Horse Racing Board for a license to conduct account wagering in the state.
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