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Gaming News Archives - Page 5195

 
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Analyst: Atlantic City Loser, Slots Makers Winner with New York Gaming Bill

25 October 2001
News Brief: Slot machine manufacturers are seen as likely winners while Atlantic City casino operators stand to lose the most with the passage of a bill expanding gambling in New York.
 

Nonprofit Group Makes Buyout Offer for Iowa Racetrack, Casino

25 October 2001
News Brief: The nonprofit group that runs Prairie Meadows Racetrack and Casino will make an offer Monday to buy the multimillion-dollar facility from Polk County, Iowa.
 

New York Gambling Expansion Bill Approved by State Senate

25 October 2001
News Brief: The New York State Legislature approved the largest expansion of gambling in state history early this morning after an impassioned debate, laying the groundwork for six Indian casinos in the Catskills and western New York.
 

Columnist Jeff Haney: Wagering Not a Drag for Drivers, Fans

24 October 2001
Drivers themselves, as well as their teams and fans, love betting on drag races. Sometimes, a driver with long odds takes it personally.
 

Hard Rock Results Not Hurt Much by Terror

24 October 2001
The Hard Rock hotel-casino reported only a marginal dip in cash flow for the quarter ending Sept. 30, an encouraging outcome in a quarter affected by the post-Sept. 11 tourism downtown in Las Vegas.
 

Argosy Gaming Reports 'Best Ever' Third Quarter

24 October 2001
The Midwestern riverboat company earned $17.2 million in the third quarter. It said its acquisition of the Empress Casino in Joliet, Illinois, has already helped the cash flow diversification that Argosy wanted.
 

California Casino Plans Might Be Scaled Back

24 October 2001
News Brief: The San Pasqual Indian band is re-evaluating and possibly scaling back its plans to build a $230 million Mediterranean-style resort, the second-largest of several new casinos in San Diego County, California.
 

New York Politicians Agree on Gambling Expansion Plans

24 October 2001
News Brief: Governor George Pataki has reached a budget agreement with legislative leaders that would allow the largest expansion of gambling in New York state since the lottery began in 1966.
 

Wisconsin Greyhound Park Owners Sue Governor to Prevent Gaming Compact Extensions

24 October 2001
News Brief: Dairyland Greyhound Park filed a lawsuit Tuesday asking a judge to bar the governor from renegotiating compacts that allow American Indian tribes to run casinos.
 

No Slowdown in Gambling at Californian American Indian Casinos

24 October 2001
News Brief: Local casinos market heavily to local players rather than overnight guests and therefore aren't experiencing the downturn affecting the region's hotels, officials said.
 

Sportingbet.com Says New Jersey Lacks Jurisdiction

23 October 2001
Sportingbet.com and a subsidiary, Sportsbook.com, are among the eight online gaming sites sued last week by New Jersey for accepting wagers from residents of the state.
 

Compulsive Gamblers Target of New Illinois Campaign

23 October 2001
News Brief: Illinois is trying to convince compulsive gamblers to seek treatment with a $2 million public awareness campaign beginning this week.
 

$29.8 Million New Jersey Lottery Jackpot Unclaimed

23 October 2001
News Brief: No one has come forward yet to claim a $29.8 million New Jersey Big Game cash jackpot from a ticket sold last Tuesday.
 

Sheriff Captain Accused of Gambling on the Job

23 October 2001
News Brief: Louisiana’s Legislative Auditor Dan Kyle says his records show Sheriff’s Capt. Paul Maranto gambled at a casino for 16 hours on a day he got paid for working a total of 17 hours at the Sheriff’s Office and the school system, where he handled security.
 

Shuffle Master Updates Guidance for Q4 2001

23 October 2001
Shuffle Master expects that net income per diluted share for Q4 2001 and full year, will be in a range of $.15 to $.16, and $.63 to $.64, respectively.
 

Scientific Games Reports Growth in Q3 2001

23 October 2001
Revenue and EBITDA for Q3 2001 increased to $107.2 million and $27.1 million respectively from $63.4 million and $10.6 million as reported Q3 2000.
 

Net Income Drops for Dover Downs Entertainment

23 October 2001
In the third quarter, income was $11.4 million, down from $13.2 million in last year's third quarter.
 

Riviera Reports Q3 2001 Results

23 October 2001
Net revenues for Q3 2001 were $51.0 million, up 3.3 percent from net revenues of $49.4 million in Q3 2000.
 

PDS Gaming Reports Strong Q3 Earnings

23 October 2001
For Q3 2001, PDS Gaming reported net income of $386,000, or $0.10 per diluted share, compared with net income $177,000, or $0.05 per diluted share, in Q3 2000.
 

Alberta Introduces Electronic Bingo, Casino Moratorium Lifted

23 October 2001
News Brief: The Alberta government will introduce electronic gambling in bingo halls and lift its moratorium on casinos in January. Cap on VLTs remains at 6,000.
 


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