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Gaming News Archives - Page 5240Ohioans Quick to Bet on Mega Millions16 May 2002
News Brief: Ohio's attempt to plug a big hole in the state budget by joining out-of-state gambling, seemed to be looking successful Wednesday, the first day of wagering in the Mega Millions venue.
Aristocrat Hits Vegas Jackpot16 May 2002
International News Brief: Shares in Australian gaming machine maker Aristocrat soared more than 7 per cent yesterday following its agreement to supply properties run by Boyd Gaming.
American Wagering Reports Strong Year End Results16 May 2002
American Wagering reports a net income of $914,654, or $0.10 per share for the year. This represents an increase of $450,625, or 97%, over the 2001’s net income $464,029, or $0.04 per share.
Global Sports & Entertainment Reports Record Q116 May 2002
Global Sports & Entertainment reported a record Q1 with total revenue of $2,139,406 and net income of $407,935.
Las Vegas Culinary Union Launches Gaming Investor Update16 May 2002
The Culinary Workers Union is launching the Gaming Investor Update, a publication providing updates to investors on the contract negotiations between the Culinary Union and the major Las Vegas gaming companies.
JCC Holding Posts Profit, Misses Target16 May 2002
JCC Holding Co., which owns Harrah's New Orleans Casino, posted a larger first-quarter profit, but did not meet its revenue projections for the past year.
iGames Entertainment Introduces New Anti-Cheating Device16 May 2002
iGames Entertainment unveiled the Company's proprietary and patented product, the "Protector V.2", an anti-cheating device for slot machines at the Southern Gaming Summit in Biloxi, Mississippi.
Betandwin.com Acquires Interest in German Sports Betting Provider16 May 2002
Betandwin.com now holds a 50% stake in Odds Sportdata Dr. Steffen Pfennigwerth as an atypical silent partner, and has granted the company a license to use its brand name, domain, product and technical platform.
Acres Inks $1.5 Million Deal Australian MGM Mirage Resort16 May 2002
Acres Gaming has received an $1.5 million order to supply a casino system to the MGM Grand Darwin Hotel & Casino in Northern Territory, Australia.
Alliance Appoints Deloitte & Touche as New Accounting Firm16 May 2002
Alliance Gaming Board of Directors has appointed Deloitte & Touche LLP as the Company's new independent accounting firm.
Casino Journal Results Down for Q1 200216 May 2002
Total revenues declined $568,949 in Q1 2002 as compared with Q1 2001. Advertising revenues fell $365,101 while subscription revenues declined $172,232.
Acres Signs New Mexico Casino16 May 2002
Acres Gaming has received an $1.2 million order from the San Juan Pueblo Indians for its Ohkay Casino Resort in San Juan Pueblo, New Mexico.
VCAT Reports Results Down for Q316 May 2002
Revenues for Q3 2002 were zero as compared to $77,000 during the same period last year.
Acres Gaming Reports Loss for Q316 May 2002
Revenues for Q3 2002 were $5.6 million, compared to $17.5 million in Q3 2001. Net loss for the quarter was $259,000, or $.03 per diluted share, compared to net income of $2.6 million, or $.25 per diluted share in Q3 2001.
Study: Massachusetts to Gain from Casino16 May 2002
The Harvard Project on American Indian Economic Development released a study today to the government of the Wampanoag Tribe of Gay Head showing that Massachusetts has much to gain and little to lose from a casino in Southeastern Massachusetts.
Cheater Tracker Proposed for Indian Casinos16 May 2002
News Brief: A network designed to track cheaters in American Indian casinos could be in place by the end of the year.
Developer Plans Slots, Winery, RV Park Resort16 May 2002
News Brief: A Colorado recreational vehicle park developer has bought the 20-acre Pahrump Valley Vineyards winery in Nevada and plans to apply for a gaming license.
Casino Cruises Not to Operate in Malaysian Waters16 May 2002
International News Brief: Cruise ship operators have been warned not to operate onboard casinos while anchored in Malaysian waters.
Politician: Canada Considering Legalized Online Gambling16 May 2002
News Brief: Ottawa is considering a new law that would legalize Internet gambling for the first time in Canada, says a Liberal MP who has championed the online betting industry.
Missouri Senate Rejects Horse Racing Measure16 May 2002
News Brief: Legislation intended to expand the horse racing industry in Missouri failed by a nose in the Senate on Wednesday.
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