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Gaming News Archives - Page 536713 People Pleads Guilty in Slot Scam31 December 2001
News Brief: All 13 people indicted this year in connection with a $6 million slot machine cheating scheme have pleaded guilty to participating in an illegal gambling business.
Bad Japanese Economy Breeds New Type of Lottery Fan31 December 2001
News Brief: Public-run lotteries, which some pundits caution against as a form of gambling that increasingly draws money from the pockets of the relatively poor, continue to be popular amid the prolonged economic slump.
Archon Corp. Posts Loss31 December 2001
Archon Corp. reported a loss of $1.88 million for the quarter, The company reported a net income of $5.3 million a year-ago quarter.
LVIA Gaming Index Up31 December 2001
The LVIA Gaming Index, a 13-company gauge of casino industry stocks, was up 12.37 points for the week, a 3.4 percent increase, to close at 375.12.
Aristocrat Calls IGT Suit Frivolous and Anti-Competitive31 December 2001
In the fight between two major slot machine manufacturers, Aristocrat says the patent infringement suit filed by IGT is an attempt to prevent them from coming to market with new and innovative products.
Harrah's Sued Over Tax Bill from Players' Lake Charles Operation31 December 2001
The Lousiana Department of Revenue has sued Harrah's Entertainment Inc. of Las Vegas for $4.7 million in taxes and interest allegedly owed by Players, a company that Harrah's purchased in 1999.
Most Nebraska Lawmakers Oppose Slots31 December 2001
News Brief: If Nebraska lawmakers indeed represent the people, the organizers of three petition efforts to allow video slot machines in Nebraska could be in trouble.
Atlantic City Round-Up31 December 2001
A rundown of Atlantic City news for the week.
IGT Closes on Acquisition of Anchor Gaming30 December 2001
The $1.2 billion purchase became official today, adding to IGT's dominance as a slot machine manufacturer.
Index of Gaming Stocks Up 3.4 Percent for the Week29 December 2001
The index of 13 land-based casino stocks ended the week at 375.12, up 12.37 points. Station Casinos gained the most, up 7 percent.
Batavia Downs To Ride Again28 December 2001
News Brief: Western Regional Off-Track Betting Corp. has approved spending $6 million to renovate the historic Batavia Downs Race Track in hopes of reopening the New York racetrack in July.
Emerald Downs Partner Dies28 December 2001
News Brief: Robert Resoff, a partner in Emerald Downs Racetrack in Washington state died Sunday at Virginia Mason Medical Center at the age of 85.
Good as Gold Casino Launches New Online Games28 December 2001
Good as Gold Casino, based in Curacao, has added five new online games developed by Interactive Gaming and Wagering.
California Lottery Plans $1-Million 'Second Chance'28 December 2001
News Brief: The top California Lottery official Thursday apologized for selling game tickets after the big prizes had been claimed and announced a special $1-million `second-chance’ drawing for anyone with tickets from past or current games.
China Executes Former Deputy Mayor for Gambling Spree28 December 2001
News Brief: A former deputy mayor of a major Chinese city who spent nearly $5 million in public money on a gambling spree was one of two officials executed for corruption.
Massachusetts Lottery Ticket Not Up to Scratch28 December 2001
News Brief: Massachusetts Lottery officials are recalling 5 million of the ‘Set for Life’ scratch tickets after the latex coating that covers the numbers proved too tough to scratch off.
Miss America Stays in Atlantic City28 December 2001
News Brief: The pageant’s board of directors voted to turn down a lucrative offer from the Mohegan Sun to move the event to the Connecticut casino.
IGT Stock Hits 52-Week High28 December 2001
The stock of International Game Technology of Reno shattered its 52-week high in heavy trading Thursday, as it prepared to close on a $1.5 billion merger with Anchor Gaming of Las Vegas.
Oregon Casino Plan Moves Forward28 December 2001
News Brief: The only federally recognized Indian tribe in Oregon without a casino has won a key decision in its battle to build one.
Texas Lottery Operator Sued By Former Employee28 December 2001
News Brief: The husband of former Texas Lottery Commission director is suing the company that runs the games, Gtech Corp., for $636,000 in back pay.
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