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Gaming News Archives - Page 5178

 
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Australians Gambling More

8 August 2002
International News Brief: Australians gambled away more than AUD$14 billion in 2000-01, according to figures. That works out at $988.90 for every Australian aged 18 or more, a rise of more than $57 on the previous year.
 

Three Indicted in Ohio Bingo Probe

8 August 2002
News Brief: Three men were indicted yesterday by a Lorain County, Ohio, grand jury in a probe of instant bingo for charity.
 

Norwegian Lottery Winnings May be Taxed

8 August 2002
International News Brief: Gambling Norwegians may soon have to start paying tax on any amounts they win in local lotteries. European Free Trade rules are demanding that either local tax be imposed, or exemptions granted on winnings from foreign lotteries.
 

Vargas After de al Hoya With a Vengeance

7 August 2002
Convinced that his conditioning will be the difference in the fight, Fernando Vargas predicted Tuesday that he will obliterate Oscar De La Hoya when the junior middleweights square off Sept. 14 at Mandalay Bay.
 

South African Jockey Accused of Race Fixing

7 August 2002
International News Brief: South African jockey Robert Desmond Fradd has been charged with alleged race-fixing.
 

Mega Millions Jackpot Grows to $50 Million

7 August 2002
Since no one matched all six numbers in last night's Mega Millions drawing, the estimated jackpot grows to $50 million.
 

Ameristar Casino St. Charles Celebrates Grand Opening

7 August 2002
Ameristar Casinos, Inc. opened its new casino and entertainment facility in St. Charles, Mo. on Tuesday, Aug. 6, 2002 in a whirlwind of celebration.
 

Gamblers Lose More than Money

7 August 2002
News Brief: Gamblers leave plenty of stuff behind in casinos, in addition to the money they lose at the gaming tables and in slot machines.
 

Millionaire Three in Court on Cheating Charges

7 August 2002
International News Brief: An army major, his wife and a college lecturer accused of cheating their way to the jackpot on ITV's Who Wants To Be A Millionaire? appeared in a London court today.
 

Nevada Casinos, Non Gaming Companies Promote Gambling Awareness

7 August 2002
The program's centerpiece is an effort to recruit nongaming Nevada employers to educate their employees about problem gambling.
 

Expert: Social Costs Outweigh Casino Benefits

7 August 2002
News Brief: Marvin A. Steinberg, executive director of the Connecticut Council on Problem Gambling, social costs are almost two times greater than the social benefits that come with gambling expansion.
 

California Tribe Receives High Yield Bond Financing

7 August 2002
Banc of America Securities has ssued $150 million in bonds on behalf of the Santa Ynez Band of Mission Indians.
 

Mohegan Posts Revenue Increase

7 August 2002
News Brief: The Mohegan Tribal Gaming Authority has posted a 29.8 percent increase in gross revenue over the previous year’s corresponding period.
 

Magna Still Interested in New York Market

7 August 2002
News Brief: Stymied in recent efforts to enter the New York racing market, Magna Entertainment is still highly interested in moving its way into the lucrative betting state, the company's president said Aug. 6.
 

Atlantic City Casino Win Up 1.3% in July

7 August 2002
News Brief: The casino industry's post-Sept. 11 momentum may be petering out. The city's 12 casinos won $419.8 million from gamblers last month, a 1.3 percent increase over a weak July 2001.
 

Feverpitch Joins with iNet for Online Venture

7 August 2002
International News Brief: New Zealand’s Feverpitch has joined betting software developer iNet to produce an online system that allows player to player betting.
 

Q2 Revenue Drops Across the Board at the Venetian

7 August 2002
The Venetian reported declining casino, hotel and food and beverage revenue for the quarter ended June 30, the megaresort's parent company noted in a Tuesday Securities and Exchange Commission filing.
 

GTech Names New President, CEO

7 August 2002
Gtech has named Chairman W. Bruce Turner as their new president and chief executive.
 

Nevada Gold & Casinos to Repurchase Common Stock

7 August 2002
Nevada Gold & Casinos has announced that its Board of Directors has approved a plan for the repurchase of up to 100,000 shares of the Company's common stock.
 

Kerzner Reports Results Flat for Q2

7 August 2002
Kerzner reported EBITDA for Q2 of $44.5 million as compared to $45.4 million in Q2 2001. Earnings per share for the period were $0.75, equal to the same period last year.
 


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