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Gaming News Archives - Page 5304Ohio Daycare Providers Indicted on Gambling Charges28 February 2002
News Brief: Three daycare operators have been charged with operating a gambling house and money laundering.
Wisconsin Man Faces Gambling Charges28 February 2002
News Brief: A Wisconsin man faces gambling charges for scamming a video machine to receive illegitimate payments.
MGM Mirage Secures Debt28 February 2002
MGM Mirage has secured $4.3 billion in debt with its assets, following a recent downgrade of the Las Vegas company's debt by Moody's Investors Service.
Exchanges Begin Trading Mandalay, Mirage Stocks28 February 2002
Long-term stock options of Mandalay Resort Group began trading on the Chicago Board of Exchange and the Pacific Exchange in San Francisco. Pacific Exchange also began trading MGM Mirage stock options Feb. 21.
Aladdin Pleased With Progress Despite Loss28 February 2002
Despite a loss in January, officials at the Aladdin hotel-casino say the bankrupt Strip property is continuing to operate ahead of expectations.
Malaysia's Genting Reports Profit28 February 2002
International News Brief: Malaysia’s Genting on reports a net profit of $119 million in 2001, returning to the black after investment losses wiped out the previous year's operating gains.
Company Changes Name to VirtGame Corp.28 February 2002
Virtgame drops the “dot com” from its name to complete the company’s transition to the its new business model.
World Gaming Delivers Profitable Q4 200128 February 2002
Net income for Q4 2001, was $536,000 or $0.02 per share compared to a net loss of $199,000 or $0.01 per share for Q4 2001.
China Gambling Crackdown Cashes In28 February 2002
International News Brief: Chinese police have smashed a total of 1,644 illegal lottery gambling bases in the past two months, detaining 1,417 suspects from 462 gangs.
Nevada Supreme Court Rejects Venetian Petition in Lien Case28 February 2002
The Nevada Supreme Court has rejected the petition of the Venetian to remove Senior District Judge James Brennan and a special master from handling more than $300 million in construction liens against the Las Vegas Strip resort.
Missouri Gaming Commission Fines Two Kansas City Casinos28 February 2002
News Brief: A suburban riverboat casino faces a $100,000 fine from the Missouri Gaming Commission for failing to keep track of an estimated $32,000 in slot tokens. Isle of Capri Casino was also fined $50,000 for failing to catch an alleged bet capper.
Maine Tribes Discuss $300 Million Casino Plan28 February 2002
News Brief: Efforts to build a $300 million casino in Kittery, Maine, began quietly Tuesday during a meeting between the Passamaquoddy and Penobscot tribes and the county.
Tierney Communications Files Protest Concerning Lottery Contract Process28 February 2002
Tierney, the incumbent agency for the Pennsylvania Lottery for the past 25 years, has filed an official protest with Pennsylvania and the Department of Revenue concerning the RFP presently underway for the Lottery advertising contract.
Florida Senate Approves Bingo Proposal28 February 2002
The Florida Senate on approved a bill that would allow charity bingo parlors to sell lottery-style instant bingo tickets.
Former Arizona Lawmaker Cleared of Gambling License Fraud28 February 2002
News Brief: An Arizona tribe has dropped charges against lawmaker Luis Gonzales. Gonzales was accused of issuing a fake gaming license while serving as the tribe's gaming director.
Idaho Gambling Study Rejected28 February 2002
News Brief: Legislative budget writers reversed their position today and killed a proposed $60,000 study on the impact of casino gambling in Idaho.
Rosemont Mayor Slashes Racetrack Subsidy28 February 2002
News Brief: Rosemont Mayor Donald Stephens is trying to jump-start a casino project by making it more lucrative for the state while slashing a big subsidy for the horse-racing industry.
Palms Casino Post Nascar, Baseball Odds27 February 2002
Jeff Burton is favored for Sunday's UAW-DaimlerChrysler 400 Winston Cup race, according to odds at the Palms hotel-casino. The Palms has also posted odds on the 2002 home run champion and most wins by a major league pitcher.
Las Vegas-Style Sports Betting Holds Its Ground27 February 2002
Las Vegas is holding its own against the offshore wagering industry, a force that some doomsayers have predicted will make Nevada sports betting all but irrelevant.
Florida Lottery's Harley Davidson Scratch-Off Game Returns27 February 2002
Florida Lottery players once again have a chance to win a new Harley-Davidson Sportster 1200 Custom motorcycle or Heritage Softail Classic motorcycle.
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