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Gaming News Archives - Page 5281

 
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Harrah's, Gambling Stocks Fall on Profit Warning

6 July 2001
Shares of Harrah's Entertainment fell more than 17 percent after the Las Vegas-based casino operator warned that the economic downturn and disappointing returns from its Rio property would drag down second-quarter profits.
 

Go Call Inc. Announces Initial Profitability in Q2

6 July 2001
This quarter is Go Call's first profitable quarter, following the recent completion of an 18-month restructuring effort designed to focus the companies operations on its more profitable business of international gaming.
 

New York Citizens Group Organizes to Get Casinos

6 July 2001
News Brief: A citizens group, calling itself the Niagara Falls Coalition for Casino Gaming, is banding together to sway elected officials in New York state to support development of casinos.
 

Washington State Officials Criticize Virtual Card Games

6 July 2001
News Brief: King County's top elected officials want state regulators to reject an effort to allow electronic blackjack and other card games in mini-casinos.
 

Louisiana Indian Casino Could Close if Pact Not Reached

6 July 2001
News Brief: If the Coushatta Tribe of Louisiana and Allen Parish officials can’t reach an agreement over tribal payments to the parish, the tribe's Grand Casino Coushatta, could shut down.
 

Arizona Not Closing Indian Casinos Despite Court Ruling

6 July 2001
News Brief: Despite a court ruling, a key Arizona official says the state won't shut down any Indian casinos.
 

Detroit Casinos' Fate up to Next Mayor

6 July 2001
News Brief: A decision on the future of the casinos in Detroit is likely to be left to the next mayor, City Council members say.
 

Mohegan Sun Plan to Bring in Puerto Rican Dealers Criticized

5 July 2001
News Brief: Mohegan Sun plans to bring 175 card-dealers from Puerto Rico into the region, but local community leaders are concerned that there are not adequate social services or housing for the new arrivals.
 

High Roller Sues Casino for Changes

5 July 2001
News Brief: A New Zealand high-roller has gone to court, saying Sky City Casino has taken steps to cut his chances of winning.
 

World Gaming Appoints Managing Director

5 July 2001
World Gaming has appointed John Harris as its Managing Director, Americas as part of the company's continuing reorganization.
 

Interspace Enterprises and Randombet.com Announce Partnership

5 July 2001
This equity partnership will help both companies accelerate co-marketing efforts to consumers in the United Kingdom and abroad.
 

FirstBingo.com Signs With IGL Gaming

5 July 2001
Under the agreement, IGL Gaming will license FirstBingo's Pay-to-Play software system and feature it on all 300 of IGL Gaming's sites.
 

Moody's Rates Argosy Gaming's Proposed $675 Million Borrowing

5 July 2001
The rating agency gives the borrowing an investment-grade rating, with a stable outlook. Argosy will use most of the money to pay for the acquisition of the Empress riverboat casino and hotel in Joliet, Illinois, near Chicago.
 

Bridgeport Considers Casino

5 July 2001
News Brief: The prospect of jobs and money has prompted Bridgeport, Connecticut’s City Council to consider backing a gambling casino proposed by the Golden Hill Paugussetts.
 

Battle Expected Over Slots at New York Casinos

5 July 2001
News Brief: The agreement between New York Gov. Pataki and leaders of the Seneca Indian Nation to put casinos in Niagara Falls and Buffalo has to face the legal battle over slot machines.
 

Investors to Cash in on New Lithuanian Gaming Market

5 July 2001
News Brief: Gambling operators are waiting for the state authorities to cut the bureaucratic red tape and finish nominating a commission that will be responsible for issuing licenses and supervising gambling establishments.
 

U.S. Developer Agrees to Build Casino in Mexico, If the Law Changes

5 July 2001
News Brief: Nevada Palace Hotel and Casino agreed Wednesday to build a casino and luxury hotel in the border city of Reynosa, Mexico, even though laws lifting a ban on casinos have yet to be approved by Mexico's Congress.
 

Arizona Casino Patrons Unfazed by Ruling Against Indian Gaming

5 July 2001
News Brief: Despite U.S. District Judge Robert Broomfield’s ruling that Arizona’s Indian gaming compacts is unconstitutional, the slots continued to hum at the state’s casinos.
 

Gaming Company to Buy Half of Evangeline Downs

5 July 2001
News Brief: Peninsula Gaming, which owns the Diamond Jo casino in Iowa, agrees to acquire 50 percent of Evangeline Downs in Louisiana. The track will move to a new location and add slot machines.
 

Developer Plans Tower for Atlantic City Resort

5 July 2001
Colony Capital, the new owner of Resorts, plans to spend $125 million for a new hotel tower. Resorts was the first casino-hotel in New Jersey.
 


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