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Gaming News Archives - Page 5296

 
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Lakes Gaming Announces Q1 2001

20 April 2001
Revenue and earnings for the quarter were less than the same period last year primarily due to the early buyout of the Company's management contract for Grand Casino Avoyelles by the Tunica-Biloxi Tribe of Louisiana.
 

Tribal Gaming Authority to Speak at the Bear Stearns Global Credit Conference

20 April 2001
Executives from the Mohegan Tribe and the Mohegan Tribal Gaming Authority will speak at the Bear Stearns Global Credit Conference on April 24, 2001.
 

Las Vegas Sands Inc. Reports Strong Q1 Results

20 April 2001
Las Vegas Sands Inc., owner and operator of The Venetian Casino Resort, today reported Venetian's room rates and room occupancy were at all-time record levels for the resort during Q1 2001.
 

Gambling Tribes to Increase Contributions to Federal Regulators

20 April 2001
News Brief: According to the Bush administration budget proposed for fiscal 2002, tribes running gambling businesses would face a small increase in fees next year to support the federal agency that regulates them.
 

Youbet.com Launches New Handicapping Contest

19 April 2001
Youbet.com announced the launch of its ``$25,000 -- The Revenge of Steven Crist'' handicapping contest to be held May 18 and 19, 2001.
 

Playboy Places Bet on Horse-Racing Site

19 April 2001
News Brief: Playboy is branching out beyond adult entertainment with the expected launch this fall of an online betting site for horse racing.
 

Columnist Jeff Haney: Lack of Offensive Punch Hurt XFL Betting

19 April 2001
Bettors’ interest in the new league didn’t fall off as much as its TV audience did, but more scoring would have produced more betting, a Las Vegas bookmaker says. Wagering action should be heavy for the championship game Saturday.
 

Casino Excitement, Utah Style

19 April 2001
Utah’s Club Pair-A-Dice patrons pay $7 to shoot craps or play blackjack for an hour. No one buys chips and there are no winnings, no smoking and no drinking.
 

Scottish Man Jailed Over Scam to Feed Gambling Habit

19 April 2001
News Brief: A serial fraudster who abused his position as a pensions adviser at Scottish Widows to embezzle more than £30,000 to feed a gambling habit was jailed yesterday for 12 months.
 

eLOT's Vendors Complete Stock Sales

19 April 2001
eLOT announced certain vendors have completed the sale of approximately 1.6 million shares of common stock they received from the Company as payment to satisfy trade obligations.
 

MGM MIRAGE Reports Record Results for Q1 2001

19 April 2001
MGM MIRAGE’s net income before nonrecurring expenses grew 76% to $85.2 million in the Q1 2001 from $48.5 million in the prior year's quarter.
 

Casino Data Systems Receives Approval for Game in Nevada

19 April 2001
This approval will allow Casino Data Systems to commercialize its newest video slot progressive game, BINGOMATIC, in casinos throughout the state of Nevada.
 

International Game Technology Reports Record Results for Q2 2001

19 April 2001
IGT’s net income for the quarter totaled $53.6 million or $0.70 per diluted share on total revenues of $346.9 million, all new record quarterly highs.
 

WMS Gaming Surpasses 5,000 Games Ordered By California Casinos

19 April 2001
WMS Gaming Inc has received an order representing its 5,000th game sold in Fiscal 2001 to Native American casinos in California.
 

Multimedia Games Announces Agreement With Alliance to License Bally Gaming Products

19 April 2001
Multimedia Games Inc. has signed a licensing agreement with Alliance Gaming Corp. for the distribution of devices in Washington State from Alliance's Bally Gaming and Systems unit.
 

South Carolina Senate Approves State Lottery Bill

19 April 2001
News Brief: South Carolina’s Senate approved a state lottery bill, now the debate will shift to House, which has different ideas about lottery scholarships.
 

Detroit Riverfront Casino Plan in Jeopardy

19 April 2001
News Brief: Detroit’s Mayor Archer's dream of bringing casinos to the city’s riverfront will likely end when he leaves office.
 

Texas Casino-Gambling Bill Clears Senate Panel

19 April 2001
News Brief: Legislation to legalize casino gambling on the reservations of the state's three Native American tribes cleared a Texas Senate committee.
 

International Crime Wave Hits Australian Casino

19 April 2001
News Brief: International casino cheats, extortionists, standover men and loan sharks have been caught working their scams at Australia’s Crown casino.
 

Australian State Government Imposes Levy on Poker Machines

19 April 2001
News Brief: The levy is predicted to raise $35 million a year from Victoria's 30,000 poker machines, with the proceeds to go directly to the upgrade of hospital facilities.
 


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