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Gaming News Archives - Page 5161

 
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French Casino Reopens After Fire

14 August 2002
International News Brief: The casino in the chic northern French resort town of Deauville has been reopened after an office fire forced the evacuation of 600 people, a spokeswoman said Tuesday.
 

Firm Alerts Companies that Employees Betting On-line

14 August 2002
News Brief: The legalization of account wagering in California has increased business not only for the state’s racing industry but also for other Internet services anxious to profit from the action.
 

IGCA Reports Loss for Q2

14 August 2002
IGCA recorded a loss of $996,000, or 3 cents a share, versus a profit of $110,000, or 1 cent per share, in Q2 2001.
 

Canterbury Park Results Up

14 August 2002
Canterbury Park earned net income of $613,005 on revenues of $11,930,749 for Q2 2002, compared to net income of $133,050 on revenues of $10,694,550 for Q2 2001.
 

Ainsworth Game Technology Reports Loss

14 August 2002
International News Brief: Delays in obtaining licence approvals prevented gaming machine group Ainsworth Game Technology making any sales in Victoria and Queensland during 2001-02 and pushed it to a loss of AUD$5.94 million.
 

Las Vegas Gaming Companies Certify Numbers

14 August 2002
Big Las Vegas-based companies including MGM Mirage, Venetian owner Las Vegas Sands and Harrah's Entertainment on Tuesday filed certifications of their latest financial statements to the Securities and Exchange Commission.
 

Washington Tribes Secure Casino Financing

14 August 2002
News Brief: The Tulalip Tribes has secured $120 million in financing from commercial banks to pay for construction of its new casino and surrounding infrastructure.
 

iCrystal Inc. Reports Record Q2 2002

14 August 2002
iCrystal had total revenues of $350,000 for Q2 2002 as compared to revenues of $182,500 for Q2 2001, an increase of $167,500 or 92%.
 

Global Entertainment Reports Q2 Revenue Growth

14 August 2002
Revenues grew to $1,159,863 for Q2 2002 as compared to $697,586 for Q2 2001.
 

Nevada Gold & Casinos Announces Record Q1

14 August 2002
For Q1 2003, revenues increased to $523,651 compared to $131,326 in Q1 2002. Net income was $1,380,350 compared to net income of $807,007 in Q1 2002.
 

Pinnacle Entertainment Reports Loss

14 August 2002
Pinnacle reports net loss for Q2 was $656,000, or $0.03 per diluted share, compared to a net loss on a comparable basis of $5.7 million, or $0.21 per diluted share, for Q2 2001.
 

PDS Gaming Reports Loss

14 August 2002
PDS Gaming reported a loss from continuing operations of $29,000, or $0.01 per diluted share, compared with income of $1,238,000, or $0.32 per diluted share, for Q2 2001.
 

Mikohn Gaming Authorizes Share Repurchase

14 August 2002
Mikohn Gaming have announced that its Board of Directors has authorized the purchase of up to $2 million of the company's common stock.
 

Mikohn Names New CFO

14 August 2002
Mikohn Gaming announces that effective immediately John M. Garner, 43, has been named Executive Vice President, Chief Financial Officer and Treasurer, replacing Don W. Stevens, who has served in that capacity since 1996 and is retiring.
 

Concorde Gaming Reports Mixed Results

14 August 2002
Concorde Gaming reported net income of $111,419, or $0.00 per share, down from net income of $253,802, or $0.01 per share, for Q3 2001. Net revenue was $5,190,938, an increase of 8.5%, compared to net revenue of $4,785,388 for Q3 2001.
 

Nevada State Casinos Report Worst Fiscal Year

14 August 2002
The most recent fiscal year was the worst on record for the state's 342 casinos, the Gaming Control Board reported Tuesday. The downturn directly cuts state revenue, as one-third of Nevada's budget is funded by the percentage-fee taxes levied on casinos.
 

WMS Industries Results Dip for Q4

14 August 2002
WMS Industries reported net income of $0.7 million, or $0.02 per diluted share, for Q4, compared to net income of $3.2 million, or $0.10 per diluted share, in the Q4 2001. Revenues were $43.2 million for Q4 compared with $65.8 million in the prior year period.
 

Casino City Press Offers Free Listings in 2002 Gaming Business Directory

14 August 2002
Casino City Press is offering free company listings in the Fall 2002 Gaming Business Directory to all gaming industry suppliers and vendors who submit their listings prior to August 23, 2002.
 

Casino City Press Offers 2002 Gaming Business Directory Specials

14 August 2002
Casino City Press is offering special half-price packages to companies ordering Fall 2002 Gaming Business Directory products prior to the publication deadline of August 23, 2002.
 

Illinois Casino Tax Revenue Pouring In

14 August 2002
News Brief: Illinois could be in for a bigger than expected windfall from its new gambling tax if business at casinos holds steady.
 


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