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Gaming News Archives - Page 5251Analyst Optimistic About Atlantic City6 May 2002
News Brief: Jason Ader of Bear Stearns & Co. likes what he sees in the Atlantic City casino industry this year.
Venetian, Las Vegas Sands, Announce $850 Million Offering of Mortgage Notes6 May 2002
Venetian Casino Resort and Las Vegas Sands, Inc. announced today plans to offer approximately $850 million in aggregate principal amount of mortgage notes.
Casino Leaders Gather For Southern Gaming Summit6 May 2002
News Brief: Thousands of casino and lottery executives, financial officers and investors will attend the Southern Gaming Summit on Wednesday and Thursday at the Coast Coliseum and Convention Center.
California Top State in Tribal Casino Revenues6 May 2002
News Brief: A new study shows California is the leader among states in producing Indian gaming revenue.
Money Laundering Web Site Tackles Challenges of Bill C-22 Compliance6 May 2002
About Business Crimes Solutions Inc. has created a website to educate the public about Bill C-22 and how to assist in the fight against money laundering.
Gala Plans Online Bingo Site6 May 2002
International News Brief: UK’s Gala Bingo is to launch an interactive gaming site as it seeks to expand the Gala brand ahead of a possible flotation later this year.
Economics Professor Speaks of Casinos' Downside6 May 2002
News Brief: According to economics professor Earl Grinols, casino gambling will not boost Lake County, Illinois’ economy.
Atlantic City's Borgata Focuses on Work Force6 May 2002
News Brief: With the $1 billion Borgata casino hotel scheduled to open a little more than a year from now, CEO Bob Boughner and his staff are developing strategies to attract the 4,600 to 4,800 workers the property will employ.
Atlantic City Report: Remote Betting Could Bring in Jobs, Patrons6 May 2002
Remote casino wagering could generate between 1,100 and 3,600 Atlantic City casino jobs and between $368.8 million and $1.1 billion in annual gaming revenue, according to a report prepared for a remote-wagering company.
Sands Licensing Dispute Going to Arbitration6 May 2002
Las Vegas Sands Inc. has agreed to arbitrate a claim against a bankrupt Dallas company over the use of its name on a casino in Puerto Rico.
Sands Wins U.N. Complaint Against Internet Operator6 May 2002
Las Vegas Sands has won a trademark infringement complaint against Antigua-based World Wide Telesports and its manager George Samuels.
Technology Speeds Plans For Internet Gambling6 May 2002
Panelists at the Millennium Hospitality Summit demonstrated to gaming regulators how it will be able to verify a player's identification, age and location in an effort to press ahead in the development of cybercasinos.
Laughlin Casinos Won't Let Deaths, Economy Beat Them6 May 2002
News Brief: Despite the economic downturn following Sept. 11 and the biker brawl last weekend that left three men dead inside Harrah’s Casino and sent thousands of visitors home early, Laughlin is still fighting to bounce back.
Idaho Tribe Approves Casino6 May 2002
News Brief: Members of the Nez Perce Tribe have approved a plan to build a $52 million casino hotel near Lewiston, Idaho.
Iowa Gambling Opponents: Track Not True Tourist Destination6 May 2002
News Brief: Sheer numbers make Prairie Meadows Racetrack and Casino Polk County, Iowa's strongest tourist magnet, but gambling opponents say it's not the destination attraction the track's boosters claim.
Mexico May Lift Casino Ban6 May 2002
International News Brief: Mexican lawmakers are pushing to end a 70-year-old ban on casinos in areas frequented by tourists, arguing that they will attract tourists and foreign investors and create jobs.
Powerball Winners Learn Quickly to Manage Money5 May 2002
News Brief: Since winning the $48.1 million Powerball jackpot in April, Jerry Berggren of Kenner has come to know the upside -- and some of the downside -- of becoming an instant millionaire.
Texas Police Seize Machines5 May 2002
News Brief: Corpus Christi police arrested one business owner, confiscated 56 eight-liner gambling machines at five businesses and seized more than $50,000 in cash in a late-night raid.
Virginia Billiard Hall Owner Fined for Running 'Nip Joint'5 May 2002
News Brief: Billiard hall owner Barry Behrman won't serve any jail time for running casinolike parties out of his Greenbrier mansion, where authorities said illegal gambling and alcohol sales took place.
3000 Aussie Pokie Players Say 'Ban Me'5 May 2002
International News Brief: More than 3000 Victorian pokies addicts have joined the self-exclusion program since its introduction in 1997.
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