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Gaming News Archives - Page 5270

 
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Manager Betted Over $11 Million with Firm's Money

23 April 2002
International News Brief: A senior manager is accused of gambling and losing more than $11 million of his South Australian company's money on horse racing.
 

New Casino Games Roll into Britain

23 April 2002
International News Brief: UK gamblers will soon be able to play three new casino games, the Government announced.
 

Ex-Casino Worker Pleads Guilty to Theft

23 April 2002
News Brief: A former money counter at the Mohegan Sun casino pleaded guilty Monday to charges he stole more than $800,000 from the casino.
 

Station Casino Stock Sales for Planning Purposes

23 April 2002
Stock sales by Station Casinos Inc. executives disclosed Monday were for financial planning purposes, a company official said.
 

Mandalay Turns Corner, Reports Growth

23 April 2002
Mandalay expects it will report on May 23 net operating income of more than 70 cents per share for this quarter, a quarterly record for the company.
 

IGT Beats Expectations For Q2

23 April 2002
International Game Technology reported higher earnings in its Q2 today, surpassing analysts' expectation and enthusing Wall Street investors.
 

Argosy Gaming Company Reports Record Q1 Earnings

23 April 2002
Argosy reported Q1 2002 earnings per diluted share of $0.84 on net income of $24.7 million, as compared to $0.50 per diluted share on net income of $14.6 million for Q1 2001.
 

Creator Capital Reports First Ever Net Profit

23 April 2002
Creator Capital reports net income increased from a loss of $791,147 in 2000 to a first ever gain of $50,527 for 2001.
 

Hollywood Casino Reports Record EBITDA for Q1 2002

23 April 2002
Hollywood Casino reports EBITDA increased 119.6% from last year to a record $29.9 million for Q1 2002.
 

Youbet.com Signs Co-Marketing, Content Agreement with Maryland Jockey Club

23 April 2002
Youbet.com has established a two-year co-marketing and content agreement with the Maryland Jockey Club.
 

Penn National Q1 Profit Slips After Write-off

23 April 2002
Penn National reported net income of $4.1 million, or $0.23 per diluted share, compared to net income of $4.6 million, or $0.30 per diluted share for Q1 2001.
 

Wynn Goes Public with Desert Inn

23 April 2002
Reversing a statement he made two years ago, Steve Wynn says he plans to sell public shares in his redevelopment of the Desert Inn.
 

Sands Casino Folds its Hand on Table Games

23 April 2002
News Brief: Atlantic City’s Sands Casino Hotel is taking a national gaming trend to its near extreme, junking more than half of its table games.
 

Tropicana Begins $225 Million Expansion

23 April 2002
News Brief: Tropicana has begun construction on a controversial $225 million expansion that will add a parking garage, a retail village and a 502-room hotel tower to the Atlantic City casino hotel.
 

Massachusetts Houses Considers Casino Option

23 April 2002
News Brief: The Massachusetts House will breathe fresh life into a long-opposed bid to allow a Foxwoods-style casino into the state, tempted by promises of easy gambling money to fill a gaping budget hole.
 

Harrah's New Orleans Jobs, Payroll Off 8%

23 April 2002
News Brief: A year after winning a major tax cut from the Legislature, Harrah's New Orleans Casino has reduced its work force and payroll by 8 percent, but is still within its minimum employment obligation.
 

Second Tulalip Casino Moves Ahead

23 April 2002
News Brief: Washington State’s Tulalip Tribe will likely be allowed to increase the number of casinos from one to two and the number of total gaming tables from 50 to 125.
 

Arizona Governor Touts Benefits of Gaming

23 April 2002
News Brief: Arizona Governor Jane Hull provided examples of how gaming money helped the community in her continued efforts to lobby for passage of her Indian gaming bill.
 

Detroit Mayor Delivers Casino Agreements to City Council

23 April 2002
Mayor Kwame M. Kilpatrick delivered to Detroit City Council on Monday the final signed development agreements detailing the terms under which Greektown and MGM Grand Detroit will build permanent casinos in the city.
 

JCC Holding Responds to Harrah's

23 April 2002
President of JCC, Paul Debban, accuses Harrah’s of deflecting negative facts with personal attacks.
 


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