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Gaming News Archives - Page 5220

 
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Park Place Reports Plunge in Net Income for Q3

31 October 2001
Park Place Entertainment reported adjusted net income of $17 million, or $0.06 per diluted share, that compares to adjusted net income of $68 million, or $0.22 per diluted share, for the third quarter of 2000.
 

Lawyers: SunCruz Case is Political

31 October 2001
News Brief: Lawyers fighting efforts by the city of Hollywood, Florida to oust the SunCruz VI casino boat say that the city’s decision came only after a change in political power.
 

U.S. House Committee Passes Leach Bill

31 October 2001
News Brief: The Leach bill attacks online gaming by making it illegal to use credit cards and other instruments of U.S. banks for “unlawful” Internet gambling. Separately, Goodlatte’s prohibition bill may return Thursday.
 

Residents: Gambling May Save Struggling Missouri Town

31 October 2001
News Brief: The odds of one day being able to gamble on casino boats in southwest Missouri may be slim, but that doesn’t discourage some residents of Rockaway Beach who believe that gambling could help this economically depressed town.
 

New York's Bill to Expand Gambling Was Loaded with 'Sweeteners'

31 October 2001
News Brief: New York might not be headed for the largest expansion of gambling in at least 35 years if it weren't for the `sweeteners’ that made the plan easier for many state legislators to swallow.
 

Five Atlantic City Resorts Delaying Expansion

31 October 2001
Resorts Atlantic City becomes the fifth New Jersey casino to postpone or suspend an expansion project since the Sept. 11 terrorist attacks.
 

Columnist Ralph Siraco: Breeders' Cup Resembles a 'World' Series

30 October 2001
Saturday’s race lived up to its billing under the new name: “World Thoroughbred Championships.”
 

Loto-Quebec's Hilton Grand Opening

30 October 2001
Hilton Hotels announces the grand opening of Loto-Quebec's 349-room Hilton Lac Leamy in Hull, Quebec.
 

Casinos in Mexico? The Endless Question

30 October 2001
Every few years, North American casino developers get excited about the possibility of legal casino gambling in Mexico. In this two-part series, Bob Owens examines the history and potential future of legal gambling there.
 

Alaskan Gamblers Aid Scientists

30 October 2001
News Brief: Two Stanford University scientists looking for historical data on climate change found it in a small town in Alaska, which runs an annual gambling contest.
 

41 Arrested at Illegal Dogfight in New Jersey

30 October 2001
News Brief: Tipped off by animal-rights activists, police raided a dogfight and arrested 41 people on illegal-gambling and other charges.
 

Scientific Games Awarded South Carolina Instant Ticket Contract

30 October 2001
Scientific Games International (SGI) has been declared the apparent winner of a $27 million contract to provide instant tickets and related services for the initiation of the new South Carolina Education Lottery.
 

Boyd Gaming Receives License For Delta Downs Racetrack

30 October 2001
Boyd Gaming has been awarded a gaming license to operate slot machines at its Delta Downs Racetrack and Casino in Louisiana.
 

IGT Stock Upgraded to 'Buy'

30 October 2001
UBS Warburg upgraded International Game Technology from `hold’ to `buy,’ citing growing political momentum for legalized gambling and improved earnings visibility.
 

Mega Net Closes $5.65 Million Deal With All Casino

30 October 2001
News Brief: All Casino, an online casino, will buy Mega Net's Virtual Matrix Encryption technology, which enables the encryption of information.
 

MDI Secures World Cup 2002 Lottery License

30 October 2001
MDI Entertainment has secured the lottery license rights to market 2002 World Cup Soccer.
 

Nocopi Technologies Enters Gaming Industry

30 October 2001
The Pennsylvania company says the exclusive agreement with an unnamed customer is an opportunity for growth in its "covert ink technologies."
 

Earnings, Revenue Drop Sharply for MGM Mirage

30 October 2001
MGM Mirage's third-quarter performance was far weaker than in last year's third quarter. The company said the Sept. 11 terrorist attacks resulted in a "substantial decline in business volumes."
 

Global Cash Access, i2corp.com Sign Development Agreement

30 October 2001
Global Cash Access and i2corp.com, have signed a letter of intent to develop a proprietary payment system for Internet gaming.
 

MTR Gaming Group Announces Record Q3 Results

30 October 2001
MTR Gaming reports that total revenues were up 24% to $61.5 million and EBITDA rose 36% to $13.3 million for Q3 2001.
 


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