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Gaming News Archives - Page 5169New California Bill Portrayed as Threat to Indian Gaming8 February 2002
News Brief: Of all the perceived threats to California Indian gaming that tribal leaders discussed during a conference, a bill allowing publicly traded corporations to purchase privately run card rooms received much of the attention.
Judge: Detroit Granted Casino Licenses Unconstitutionally8 February 2002
News Brief: A federal judge ruled that the city acted improperly when it granted casino licenses to companies that campaigned for approval of gambling in the city.
Paul-Son Gaming Settles Lawsuit8 February 2002
Paul-Son Gaming Corp. have settled a lawsuit filed in 2000 by former executive Martin S. Winick.
Macau Gaming Licenses Awarded8 February 2002
International News Brief: Macau has dealt out new gaming licenses to Stanley Ho, Macau's casino king; Steve Wynn, the Las Vegas casino tycoon; and Galaxy Casino.
Australian Bookmaker Grilled Over 500-1 Bets7 February 2002
International News Brief: Bookmaker Robbie Waterhouse is being questioned by an Australian Racing Board concerning some generous bets.
Nevada Books Post Low Super Bowl Win7 February 2002
Sports books operators kept only $3.30 for every $100 wagered on the Super Bowl. The 3.3 percent hold was the lowest percentage since 1998.
Odds Cut on Prince Charles Marrying Camilla7 February 2002
Int’l News Brief: U.K. bookmakers are cutting the odds on Prince Charles and Camilla Parker Bowles getting married this year.
Casino Cortez Partners with World Gaming Software7 February 2002
Casino Cortez has chosen World Gaming software to power a new online gaming site that targets both Greek and English players.
Odds are 'Friends' Will Return for Another Season7 February 2002
Realizing that Friends is the highest-rated show on television and that its' return is NBC's main priority, Intertops.com announced odds on the sitcom continuing for yet another season.
Five Killed in South Africa Casino Shoot-Out7 February 2002
Int’l News Brief: A policeman was wounded, five suspects shot and killed and two hurt during a shoot-out shortly after a robbery at the Sugarmill Casino.
Vicar to Hold Service in Betting Shop7 February 2002
Int’l News Brief: A London vicar is inviting worshippers to join him for a church service at bookmaker William Hill.
Lottery Win Underestimated By $2.25 Million7 February 2002
News Brief: A Canadian man was told by a store clerk he had won $250,000. When he checked again, he found out he really had won $2.5 million.
Boyd Gaming Q4 Results Up7 February 2002
Boyd Gaming reports Q4 2001 earnings of $63.0 million, an increase of 48% over the $42.5 million reported in Q4 2000. Net revenues were $267 million versus $255 million reported in Q4 2000, an increase of 4.8%.
Stock Sale Approved For Innovative Gaming7 February 2002
Innovative Gaming has gained preliminary approval from the state Gaming Control Board to issue 13 million shares of common stock to pay its investors and creditors.
Nevada Regulators Recommend Buyout of Black Hawk Gaming7 February 2002
News Brief: Nevada regulators have endorsed a buyout by the Jacobs family of other shareholders in Black Hawk Gaming & Development Co. Inc. and Gameco Inc.
Emerald Casino Shareholders Offer To Give Up Profits7 February 2002
News Brief: Black, Hispanic and female stockholders in Emerald Casino Inc. are demanding the company give up more than $400 million in profit so the state could get that money and MGM Mirage Inc. could take over the stalled Rosemont, Illinois, casino.
Rimpac Acquires Global Internet Lottery Company7 February 2002
Rimpac Resources has formally acquired Internet LOTO Inc. the developer of a unique concept of a global Internet lottery that combines secure international online wagering with Web casts of weekly drawings.
Acres Gaming Reports Decline for Q2 20027 February 2002
Acres reports net income for Q2 2002 was $729,000, or $.07 per diluted share, compared to $1.5 million, or $.13 per diluted share in Q2 2001. Revenues were $5.3 million, compared to $10.2 million Q2 2002.
Wyoming Tribal Sports Betting Cleared7 February 2002
A federal judge ordered the state Wednesday to negotiate a gambling compact with Wyoming’s Northern Arapaho Tribe within 60 days for sports and pari-mutuel betting.
Casino Industry Still Supporting Andersen Study7 February 2002
News Brief: The casino industry is standing behind an upbeat study of legalized gambling by Arthur Andersen, the accounting firm accused of deceiving the public in the financial collapse of Enron Corp.
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