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Gaming News Archives - Page 5255Arizona Senate Panel OKs Hull Gaming Plan; Racetrack Plan Killed17 April 2002
News Brief: A bill to renew Indian-gaming compacts along the terms negotiated by Gov. Jane Hull won a preliminary victory today, while a competing bill to give racetracks casino-style games was killed.
South Carolina Boat Ban Approved17 April 2002
News Brief: A new South Carolina bill that bans casino boats statewide but allows local governments to permit them received key approval Tuesday by the House Judiciary Committee.
Bettors Still Hunting for Kentucky Derby Favorite16 April 2002
While taxpayers will be pushing crunch time with a stamped midnight deadline tonight, bettors also were hitting a crunch time for a stamp of approval as the deadline approaches for this year's Kentucky Derby.
Sportsbook Scene: Hockey Jock Stiffs Offshore Book for $500,00016 April 2002
Conventional wisdom would have us believe that many sportsbooks are out to rip off customers. But the sportsbooks themselves are constantly on the lookout for people trying to rip them off.
Study: Lottery Win Sometimes Nightmare, Not Dream16 April 2002
News Brief: Lottery winners typically are no happier swimming in money than when they were broke. Some become embroiled in lawsuits, estranged from family and friends, and divorced from their spouses. One study found that instant millionaires are no happier than recent accident victims.
Big Game Odds Don't Discourage Dreamers16 April 2002
News Brief: Someone playing the $325 million Big Game lottery is 16 times more likely to be killed driving to the gas station to buy a ticket than to win the jackpot. But the near impossible chances have not deterred the thousands rushing to buy tickets for Tuesday’s drawing.
Ohio Hopes Multi-State Lottery Will Raise Sales16 April 2002
News Brief: Ohio officials are betting Mega Millions will turn around five years of sagging lottery sales, but the experience in three border states shows a multistate lottery isn't necessarily a winning ticket.
Revlon Chairman Approved for Casino License16 April 2002
Billionaire Ronald Perelman, chairman of Revlon Inc., received qualification from New Jersey regulators last week for a casino license.
Buyout of World Gaming Congress Complete16 April 2002
The American Gaming Association announced Monday it has completed its buyout of the World Gaming Congress & Expo from GEM Communications.
What Investors Learn from Gambling16 April 2002
News Brief: Picking stocks and bonds is not supposed to be a roll of the dice, but it turns out that investors can learn a few tricks from card sharks, hustlers and track junkies.
U.K.'s Arena Plans Casino at Track16 April 2002
International News Brief: U.K. horseracing group Arena Leisure is to push ahead with plans to build a hotel and casino at Windsor racecourse.
Casinos See Big Gains in March16 April 2002
News Brief: Connecticut gaming officials say that both Foxwoods and Mohegan Sun casinos reported their largest revenues ever for the month of March.
Scientific Games Awarded Churchill Downs Satellite Broadcasting Rights16 April 2002
Scientific Games’s subsidiary, Autotote Systems, has been awarded the satellite broadcasting rights by Churchill Downs Incorporated for Churchill Downs racetrack, Ellis Park and Hoosier Park for three years.
Pennsylvania Extends Scientific Games Contract16 April 2002
Pennsylvania Lottery has extended its contract with Scientific Games to provide instant tickets and Cooperative Services for a term of 3 years. The agreement is valued at approximately $48 million.
Commission: MGAM's MegaNanza is Class III Game16 April 2002
A Deputy General Counsel of the National Indian Gaming Commission has issued an advisory opinion stating that Multimedia Game’s MegaNanza is a Class III game.
Station Casinos Reports Little Increase in Revenue, Earnings16 April 2002
Station Casino reports net revenues for Q1 2002 were $205.0 million, a one percent increase over net revenues for Q1 2001. Earnings per share of $0.21 were up, compared to earnings per share of $0.19 for Q1 2001.
Source: Aladdin Talk Led to Pinnacle Hire16 April 2002
News Brief: Wheeling and dealing for the troubled Aladdin played a key role in the recent hiring of Dan Lee as chief executive officer of casino operator Pinnacle Entertainment, according to a source.
Indonesia Hopes to Attract Foreign Gamblers16 April 2002
International News Brief: Indonesia’s administration is already making plans to attract foreign gamblers to the proposed Thousand Islands casinos.
Trump Gets California Indian Approval16 April 2002
News Brief: California Indian gaming regulators have put their long-awaited stamp of approval on a deal between Trump Hotels & Casino Resorts, and a local Indian tribe.
Waterhouse Faces New Ban16 April 2002
International News Brief: Australia’s controversial bagman, Robbie Waterhouse, is set to be banished from the bookmaking ring once again and could be fined $1.2 million after he was yesterday found guilty on all 16 charges relating to the `extravagant odds' inquiry.
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