 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Gaming Destination News
Online Gambling News
|
Gaming News Archives - Page 5300IGT Enjoys Record Year5 March 2002
In 2001, IGT saw records set for revenues, profit margin, machine sales, cash flow and earnings per share.
Atlantic City Casino Win Up in February5 March 2002
News Brief: Atlantic City casinos continued to reap the rewards of good weather and travel concerns in February, when their gross gambling revenue increased 3.6 percent.
Playboy Sees Profit from Online Gaming5 March 2002
News Brief: Playboy Enterprises CEO Christie Hefner says that the company's online gaming unit would generate profits this quarter as the company focuses on steering its loss-making Internet business into the black.
Macau Casino Talk Boosts Malaysia's Genting5 March 2002
International News Brief: Shares of Malaysian casino group Genting rose on speculation it was trying to buy a 30 percent stake in a Macau casino licence won by Las Vegas gaming mogul Steve Wynn.
Herbst Gaming Reports Mixed Year End Results5 March 2002
Herbst Gaming reported net revenues of $233.2 million for 2001, an increase of 109 percent over the $111.4 million reported in 2000. Net income was $1.1 million a decrease of 67 percent from $3.3 million reported in 2000.
Trans World Announces Debt Exchange Agreement5 March 2002
The exchange of debt for common stock resulted in issuance of approximately 37.2 million shares of common stock and increased the Trans World’s total outstanding shares to approximately 48.3 million.
Aztar Acquires Partners' Interest in Tropicana Las Vegas5 March 2002
The acquisition establishes Aztar’s full ownership and control of the real estate site consisting of the 34 acres of land and improvements that constitute the Tropicana Las Vegas.
GameTech Reports Q1 Profits5 March 2002
GameTech reports net income for Q1 2002, totaled $913,000, equal to $0.08 per share, up from the net loss of $785,000, or $0.07 per share in Q1 2001.
South African Casino Turf Battle Erupts Over License5 March 2002
International News Brief: A turf battle has erupted between West Rand, South Africa, community organizations that have a stake in a newly licensed casino operator and Tsogo Sun, an established casino player with operations in three provinces.
Illinois Casino Boat, Revenue for Racing Grounded5 March 2002
News Brief: The coalition that won passage of Illinois’ racing and gaming laws three years ago has degenerated into finger-pointing and name-calling. The conflict threatens any chance for construction of a new riverboat casino in Rosemont.
California Tribal Casino Approved5 March 2002
News Brief: California’s Picayune Rancheria of Chukchansi Indians have received the National Indian Gaming Commission's environmental approval. The approval has cleared way for the tribe’s $150 million casino resort.
Adelson Threatened with Lawsuit Over Macau License5 March 2002
Asian American Development Corp., Sheldon Adelson's former partner in an effort to win a gaming license Macau, is threatening to haul the Las Vegas casino operator into court over a break-up between the partners.
Tropicana Wins Fight to Expand5 March 2002
News Brief: Tropicana Casino and Resort has won a court case to build a 502-room hotel tower, 2,400-space parking garage and 200,000-square-foot themed shopping village called The Quarter.
Taiwan Lottery Coverage Criticized5 March 2002
International News Brief: Some academics say the Taiwan media is at least partly to blame for what many have called a lottery frenzy by giving it round-the-clock coverage.
New System Glitches Halts New York Lottery5 March 2002
News Brief: An apparent computer glitch frustrated thousands of lottery players across New York, as a changeover to a new system left lottery retailers unable to sell tickets for one of the state's largest Lotto jackpots in recent memory.
Slots of Fun4 March 2002
News Brief: The racing business at Prairie Meadows in Iowa was a bust. Then the state allowed slot machines at the track, and business took off. Kansas track operators say the same could happen there.
Marlin Picks Up First Win off NASCAR Season4 March 2002
If Sterling Marlin was beginning to feel persecuted after the first two NASCAR Winston Cup races of the season, he should feel blessed after the third.
Ladbrokes May Cut English Racing Broadcasts4 March 2002
International News Brief: Ladbrokes have warned that betting shops might not air live British racing broadcasts, due an additonal $45 million fee, being requested by the Horseracing Board.
Memphis in Running for Tyson Fight4 March 2002
News Brief: A promoter wants to bring the Mike Tyson-Lennox Lewis heavyweight title fight to Memphis, Tennessee, with tie-ins with two casinos in nearby Tunica, Mississippi.
South Carolina Lottery Offers Pick 3 Game4 March 2002
News Brief: Lottery players will have a new game beginning Thursday, when the South Carolina Education Lottery begins offering its Pick 3 game.
|