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Gaming News Archives - Page 5180Home-Betting Off, Running24 July 2002
News Brief: While many will flock to Del Mar for season 63, others will sit back and click a mouse
BETonSPORTS to Inaugurate 'VIP Club' With Costa Rican Grand Opening24 July 2002
BETonSPORTS will inaugurate its new customer loyalty program through the August 24 grand opening of an onsite VIP Club at its headquarters in San Jose, Costa Rica.
Fake 9/11 Cop Conned an Entire Nevada Town: NYPD24 July 2002
News Brief: A man claiming to be a New York City cop who miraculously survived the World Trade Center collapse convinced a Nevada resort and newspaper to treat him like a hero. But now, the NYPD says his story was bogus.
Many First Hires Still with Isle24 July 2002
News Brief: Sharon Westbrook, who has been a dealer at the Isle since the casino opened nearly 10 years ago, remembers that first day on the job well. She is one of 65 of the casino's original employees still working at the Isle.
UK Gambler Banned After Winning £14,000 in a Month24 July 2002
International News Brief: Corals, the bookmaker, has banned a gambler because he was too successful.
Six Years Jail for Gambling Company Money24 July 2002
International News Brief: An Australian Former director whose failed carpet business owes creditors $32 million has been jailed for six years for gambling away some of the money and spending other amounts on himself and his wife.
New Zealand's Casino Reality Not So Glamorous24 July 2002
International News Brief: The image of a casino is one of glitz, where you might stumble on James Bond casually playing blackjack. The reality in Auckland, New Zealand, has not proved to be quite so glamorous.
Greate Bay Casino Corporation Announces Liquidation24 July 2002
Greate Bay Casino reports that it has completed liquidation in accordance with the Chapter 11 Plan confirmed by the United States Bankruptcy Court in the District of Delaware.
Dover Downs Declares Regular Quarterly Dividend24 July 2002
Dover Downs Gaming & Entertainment Board of Directors today declared a regular quarterly cash dividend on both classes of common stock of $.0375 per share.
Ameristar Casinos Names New Vice President24 July 2002
Ameristar Casinos, Inc. has promoted Tom Malone to the position of vice president/controller.
Analyst Initiates Coverage of Boyd, Pinnacle24 July 2002
Investment banking firm Thomas Weisel Partners has initiated coverage of Boyd Gaming Corp. and Pinnacle Entertainment Inc.
Analysts Raise Harrah's Earnings Estimates24 July 2002
Several Wall Street analysts raised earnings estimates on Las Vegas Strip operator Harrah's Entertainment Inc. following the company's strong second-quarter results released last week.
Analyst Upgrades MGM Mirage24 July 2002
Prudential Securities gaming analyst William Lerner has upgraded shares of MGM Mirage from `hold' to `buy,' citing the company's relatively low stock price, stronger-than-expected second quarter results and expected future growth.
CryptoLogic Realigns Compliance Team24 July 2002
CryptoLogic has announced the realignment of its regulatory compliance team. The announcement follows the resignation of David Outhwaite as Chief Operating Officer.
Resorts Atlantic City Reports Q2 Earnings Up24 July 2002
Resorts Atlantic City reports EBITDA rose 19% to $11.3 million compared to $9.5 million in Q2 2001.
MGM Mirage Reports Record Q2 Results24 July 2002
MGM Mirage reported Q2 diluted earnings per share of 56 cents. These earnings are an all-time record for the Company and an increase of 17% compared with 48 cents earned on a similar basis in the 2001 quarter.
Aztar Reports Q2 Earnings Up, Revenues Flat24 July 2002
Aztar reports EBITDAR of $54.8 million, up from $52.7 million in the Q2 2001. Revenues of $211.1 million, are flat with last year.
MGAM'S Q3 EPS Up By 194%24 July 2002
Multimedia Games reports that diluted earnings per share for Q3 2002, were $0.47, which represents a 194% increase over Q3 2001.
Churchill Downs Reports Record Q2 Revenues, Higher Earnings Per Share24 July 2002
Net revenues for Q2 reached $172.6 million, an increase of 5.7 percent, compared with $163.3 million for Q2 2001. Net earnings for the quarter were $23.1 million, a 5.5-percent increase over $21.9 million in 2001.
Ameristar Casinos Reports Strong Financial Results For Q2 200224 July 2002
Ameristar Casinos reports net revenues of $166.3 million, an increase of $19.1 million, or 13.0 percent, from Q2 2001.
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