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Gaming News Archives - Page 5188

 
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Trans World Corporation Sells Casino de Zaragoza

7 January 2002
Trans World Corporation announced the divesture of its Spanish subsidiary, Casino de Zaragoza for $10 million to a local Spanish company.
 

Detroit Casinos Roll Over to Cashless Slots

7 January 2002
News Brief: The clink of cash winnings at slot machines is moving closer to becoming a thing of the past at the city's casinos. Greektown Casino is hoping to convert a fifth of its slot machines to cashless by the end of the year.
 

Pennsylvania Wagers Powerball Will Boost Revenue

7 January 2002
News Brief: Starting this summer, Pennsylvania will take a gamble on Powerball, joining 21 other states and the District of Columbia.
 

South Carolina Players Can Start Scratching Lottery Itch

7 January 2002
News Brief: The South Carolina lottery officially begins at 6 a.m. Monday with four scratch-off games.
 

Kentucky Horse Industry Ready for Gambling Debate

7 January 2002
News Brief: Horse-industry officials have been educating anyone who will listen about the toll that riverboats and "racinos" are taking on Kentucky's billion-dollar signature business.
 

Future of French Casinos in the Balance

7 January 2002
International News Brief: Following the purchase in recent years of increasingly more casinos by large conglomerates, the battle between the biggest casino operators has now commenced.
 

Columnist Jimmy Vaccaro: As I See It

6 January 2002
Sports books need to get more creative in their marketing. They can only get so much mileage from rebates and comps.
 

Wild Chase Ends with Man Charged in Robbery at Casino

6 January 2002
News Brief: George Bussinger, 26, was arrested Monday in Philadelphia after a wild chase with police that included gunfire and several car crashes. He has also been charged with robbing Caesars Atlantic City.
 

Scams and How to Avoid them: Foreign Lottery Scams

6 January 2002
Part 2 of 7: People have lost millions of dollars in illegal lottery ticket scams. The only people "hitting the jackpot" are the people running the scams.
 

Hong Kong's Stanley Ho Sweetens Macau Casino License Proposal

6 January 2002
International News Brief: Hong Kong tycoon Stanley Ho sweetened his bid to retain a casino license in nearby Macau, offering to guarantee 10,000 jobs and invest in a theme park.
 

Malaysian Cybercafes Becoming Gambling Dens

6 January 2002
International News Brief: There is renewed talk of a crackdown on gambling activities at Malaysian cybercafes, including calls for amendments to the Gaming House Act.
 

Las Vegas Gaming Index Up

5 January 2002
The LVIA Gaming Index, a 13-company gauge of casino industry stocks, was up 1.73 points for the week to close at 376.85.
 

Winston Capital to be Partner in Louisiana Downs

4 January 2002
News Brief: Winston Capital Corp., an investment firm based in Dallas, will be the lead financial partner in the purchase of Louisiana Downs.
 

Elvis Returns as a Pennsylvania Instant Ticket Game

4 January 2002
The Pennsylvania Lottery brings Elvis back to life as an instant ticket game. Players can also enter four Elvis second-chance drawings to win one of 16 trips-for-two to Graceland, or other Elvis collectibles.
 

Gambler Allegedly Turns To Robbery

4 January 2002
News Brief: A 29-year-old mother is charged with robbing banks, convenience stores, and hotels to cover the $2,000 to $3,000 she lost each week playing blackjack at the Connecticut Foxwoods casino.
 

Grandma Sentenced for Embezzling $4.9 Million

4 January 2002
News Brief: A New York grandmother was sentenced to 31 months in federal prison and ordered to pay back the nearly $4.9 million she embezzled from her former employer to feed her gambling habit in Atlantic City.
 

Ex-MGM Executive Accused of Theft

4 January 2002
News Brief: In the first criminal case against a high-level executive at a Detroit gambling hall, the former maintenance manager at MGM Grand Detroit Casino has been charged with embezzlement for having the casino billed for work done on his home.
 

Earthquake Blocks PBL Casino Launch

4 January 2002
Intl. News Brief: The Packer family's planned launch of Publishing and Broadcasting Ltd's online casino Crowngames.com was disrupted yesterday by a powerful earthquake that caused widespread damage across Vanuatu.
 

Station Casinos Notes Progress on Tribal Casino Project

4 January 2002
Station says the U.S. Department of Interior intends to place land in trust for gaming purposes for the United Auburn Indian Community. Station plans to develop and manage a casino for the tribe near Sacramento, California.
 

Ohio Lottery Sales Up, Profits Fall

4 January 2002
The Ohio lottery earned $296.9 million from July through December, down from $319 million from the same period a year ago and $348 million in 1999, according to records released by the Ohio Lottery Commission.
 


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