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Gaming News Archives - Page 5187Ex-Couple Go to Court Over Lottery Winnings12 July 2002
News Brief: The multimillion-dollar question being played out in a Bexar County, Texas, courtroom is who bought the winning Lotto ticket.
Interactive Gaming & Wagering Enters Licensing Relationship With Global Internet Corp.12 July 2002
Interactive Gaming and Wagering has established a licensing relationship to provide an online casino, Sportsbook, and Horsebook with call center for its newest licensee, Global Internet Corporation.
Casinos Help Junk Bond Investors Beat the Odds12 July 2002
News Brief: Most investors in junk bonds have taken a pasting this year as corporate scandals hurt returns, but investors in casino bonds have managed to beat the odds.
New Zealand's Sky City Casino Chief is No Gambler12 July 2002
International News Brief: Even if New Zealand law didn't ban Sky City staff from trying their luck on the casino floor, Evan Davies, the casino’s managing director, says he would not be tempted.
Hollywood Casino Draws Bids12 July 2002
News Brief: Despite a new and potentially onerous tax in Illinois where its crown-jewel gaming property is, Hollywood Casino Corp. is attracting offers.
Cashcade on Verge of Securing Online Gambling Funding12 July 2002
International News Brief: UK online gaming firm Cashcade is on the verge of securing six-figure funding and is in talks with several media owners about launching white-label online casinos and Web-based bingo.
Parlaycard.com Moves in a New Direction12 July 2002
Parlaycard Limited has severed its partnership and software licensing agreement with Play121 Limited under which that company operates the website Parlaycard.com.
PDS Gaming CFO Resigns12 July 2002
PDS Gaming reports its Chief Financial Officer, Martha Vlcek, has tendered her resignation in order to pursue other interests.
Pacific Nakon, eConnect Develop Online Casino Payment Software12 July 2002
Pacific Nakon is jointly working with eConnect to mass launch the eCashPad in conjunction with the ICasino Pay software to meet the needs of the present 6,000 Internet casinos to be paid with on-line cash.
eBay, PayPal Deal Hit with Shareholder's Lawsuit12 July 2002
News Brief: The lawsuits were filed this week on behalf of PayPal shareholders, charging that the deal between eBay and PayPal represents a breach of the companies' fiduciary duty to those shareholders and that the price eBay is paying for PayPal is unfair and inadequate.
South Australia's Sky City Casino Hits Tax Jackpot12 July 2002
International News Brief: An agreement to exempt the casino from tax rises shields South Australia's largest poker machine venue with 829 machines from the super tax announced in Thursday's State Budget.
Oneidas Sue Over Patents12 July 2002
News Brief: The Oneida Indian Nation is suing a competitor in federal court in Seattle, claiming another manufacturer of electronic gambling machines has infringed on the nation's patents, according to the lawsuit.
Chicago Out of Casino License Race12 July 2002
News Brief: Chicago will not enter the heated competition for the casino license being given up by Emerald Casino Inc., Mayor Daley said Thursday, citing a shortage of cash and available land.
Vote on Powerball Proposed in North Dakota12 July 2002
News Brief: A state lawmaker says North Dakota voters should decide if they want the Powerball lottery.
Controversial IGT Payment to Australian Regulators Refunded12 July 2002
A payment made by slot machine maker International Game Technology to help pay for an investigation of IGT by Australian gaming regulators will be refunded to the Nevada company.
South Korean Media Exec Arrested in Currency Scandal12 July 2002
A South Korean ex-media tycoon was arrested on charges of violating Korea's currency laws when he illegally borrowed $4 million in 1996 for gambling from Laura Choi, a former Mirage Resorts Inc. manager.
Veterans' Club Linked to Illegal Gambling12 July 2002
News Brief: A federal grand jury investigation has linked a Plymouth, Massachusetts, veterans' club to illegal gambling.
PayPal Subpoenaed by New York Attorney General12 July 2002
Internet payment provider PayPal said it received a subpoena from the New York state attorney general's office related to its activities in the Internet gambling market.
Horse Industry Struggles for TV Presence11 July 2002
Not only did the thoroughbred industry’s popularity plummet as a result of being off television during that medium's original boom time, but more recently the struggle to get possession of the sport's archives and control and coordinate its television presence has cost the industry millions of dollars.
Kentucky Breeders Told Not to Bet on Video Poker11 July 2002
News Brief: Don't count on video poker was the sobering message Kentucky Senate President David Williams delivered Tuesday to an informal gathering of about 35 prominent Thoroughbred breeders and their representatives.
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