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Gaming News Archives - Page 5225

 
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Chicago Area Ex-Mayor Admits to Taking Bribes to Ignore Gambling

29 August 2001
News Brief: Former Stone Park Mayor Robert D. Natale admitted that from 1989 to 1994 he accepted monthly payments of $500 from the Chicago mob to overlook video gambling operations in the suburb.
 

Panel Urges Health Rules for Bus Drivers

29 August 2001
News Brief: Group visits to casinos sometimes end tragically in bus crashes. An investigation into one such crash that killed 22 retirees found that the bus driver was not healthy and had previously been fired for using marijuana.
 

Prairie Band Potawatomi Nation Extends Harrah's Management Contract To 2008

29 August 2001
Harrah’s announced that the Prairie Band Potawatomi Nation has extended the contract for Harrah's to manage the Nation’s Harrah’s Prairie Band Casino, 17 miles north of Topeka, Kansas, for an additional five years.
 

Federal Trade Commission Requests Additional Information from IGT and Anchor Gaming

29 August 2001
International Game Technology and Anchor Gaming have each received a request for additional information from the Federal Trade Commission in connection with IGT's pending acquisition of Anchor.
 

MGM Mirage Spending Big on Stock Buyback

29 August 2001
Casino giant MGM Mirage announced today plans to buy back as many as 10 million shares of its own stock -- an investment worth some $290 million at today's stock price.
 

World Gaming in Dispute with NASDAQ

29 August 2001
NASDAQ changes the trading symbol for World Gaming from WGMGY to WGMGE, to indicate that the company is late in filing its financial results. World Gaming disagrees.
 

Georgia Senate Bans Video Gambling

29 August 2001
News Brief: The Georgia Senate unanimously endorsed a ban on video gambling Tuesday, sending the bill to the House, where it may get a less enthusiastic reception.
 

Group Forms to Fight Bills Banning Credit Cards for Net Gaming

29 August 2001
The new PAC, freedomofchoice.org, will lobby against the many federal and state proposals that seek to attack Internet gaming by prohibiting the use of credit cards and other instruments of U.S. financial institutions.
 

Internet Gambling Ban Dies in California Legislature

29 August 2001
Assemblyman Dario Frommer’s bill to ban online gambling in California had passed the Assembly but was killed by a state Senate committee Tuesday, in part because of opposition from Indian gaming interests.
 

Mississippi Casinos Fight Power Rate Increase

29 August 2001
News Brief: Mississippi Power's planned 9.5 percent rate increase is facing opposition from Gulf Coast casinos.
 

Racetracks Look to Internet for Boost

28 August 2001
News Brief: Competition from casinos and an aging fan base have slowed horse racing's growth, and the industry is scrambling to put the sport online in hopes of attracting a young and growing Web-savvy market.
 

Ameristar Casino Kansas City Opens Consolidated Casino

28 August 2001
Ameristar Kansas City has completed the consolidation of its two casinos and has opened the single casino facility featuring a single 115,000 square foot casino with over 3,000 slot and video poker machines and 106 table games.
 

California Lottery SuperLotto Plus Jackpot Soars to $58 Million

28 August 2001
The California Lottery currently has the largest single-state lottery jackpot in the country.
 

Michigan Lottery Introduces 'Back Pair Payout' Promotion

28 August 2001
Michigan Lottery players will soon have yet another way to win cash prizes with the Lottery's Daily 4 game thanks to the Lottery's newest promotion -- `Back Pair Payout!'
 

Missouri Compulsive Gambling Aid Running Out of Funds

28 August 2001
News Brief: A state fund for counseling compulsive gamblers is running out of money as an increasing number of Missourians seek the free assistance.
 

Powerball Fever Affects Maryland State Lotto

28 August 2001
News Brief : Maryland residents who recently traveled to Delaware to buy Powerball tickets could have won more money by playing the Maryland State Lottery's classic lotto drawing Saturday night.
 

Paragon Gaming Signs Agreement With California Tribe

28 August 2001
Paragon Gaming has entered into development, consultant and management agreements with the Augustine Band of Cahuilla Mission Indians in Coachella Valley, California.
 

Archon Corp. Posts Loss

28 August 2001
Archon Corp. of Las Vegas, reports a loss of $2.08 million, or 34 cents per share, for the quarter ending June 30, 2001.
 

Paul-Son Gaming Reports Q4 2001 and Fiscal Year-End Results

28 August 2001
Paul-Son Gaming reported net income for Q4 2001, of $56,000 or $0.02 per share, compared with a net loss of $179,000, or $0.05 per share, for Q4 2000.
 

California's Gaming Tribes Share More Than $39 Million

28 August 2001
The first checks are being sent today to eligible tribes throughout the state. The revenue-sharing program helps tribes with no gaming or limited gaming.
 


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