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Gaming News Archives - Page 5463GameTech Releases Q2 200131 May 2001
GameTech reports net income for Q2 2001 was $1.0 million, equal to $0.09 per diluted share, compared with $1.9 million, or $0.16 per diluted share for Q2 2000.
CSFB Raises Park Place, Cuts Mandalay Rating31 May 2001
Credit Suisse First Boston upgrades Park Place to buy from hold and downgrades Mandalay Resort Group to hold from buy.
GTECH Signs New Contract with Totalizator Sportowy31 May 2001
Totalizator Sportowy a government-owned lottery organization in Warsaw, has signed a new long-term contract with GTECH's Polish subsidiary, Grytek, to provide online lottery and instant-ticket services.
Hollywood Casino Shreveport and Shreveport Capital Sell Senior Secured Notes31 May 2001
Proceeds from the sale of the notes will be used to refinance $27.5 million in outstanding debt.
Non-gaming California Tribes Await Trust-Fund Money31 May 2001
News Brief: California Indian tribes without casinos would get an additional $14.8 million from gaming tribes under a proposal by state gambling officials.
California Bill Targets Companies Offering Internet Gambling31 May 2001
A bill making Internet gambling a crime both for Californians and for online companies targeting them was approved by the California Assembly in Sacramento.
Park Place Takeover of Claridge Approved31 May 2001
News Brief: New Jersey casino regulators cleared the way for Park Place Entertainment to take over its bankrupt neighbor, the Claridge Casino Hotel.
British Entertainers Push to Change Casino Law31 May 2001
News Brief: The British entertainment industry is canvassing the Government’s Gambling Review Body to change the law that bans casinos from offering its punters live entertainment.
Ameristar's Plan to Combine Casinos Stalled31 May 2001
News Brief: Ameristar will have to wait another month to know whether it can combine its dual Kansas City casinos into one large gambling boat.
Quebec's Cutting of VLTs Criticized31 May 2001
News Brief: Critics say that Quebec’s chopping of the number of video lottery terminals to attack compulsive gambling is a desperate and toothless political response to a situation spiralling out of control.
Quarter Horses Will Race Thoroughbreds in the Summit of Speed at Calder Track30 May 2001
`Quarter Horse vs. Thoroughbred Challenge,' a half-mile race pitting
four Thoroughbreds against four American Quarter Horses in a
$25,000-guaranteed race, is scheduled for Calder's second running of the Summit of Speed on July 14.
Bellagio, Mirage Poker Rooms Going Smokeless30 May 2001
Smoking is coming to an end at two of Las Vegas' busiest poker rooms, in the Mirage and Bellagio megaresorts.
Louisiana Official Accused in Theft30 May 2001
A state Office of Motor Vehicles supervisor was arrested Tuesday, accused of taking $5,600 in cash from an office safe and losing it all at riverboat casinos over the weekend.
Cryptologic Expands Into New Poker Market30 May 2001
CryptoLogic plans to expand its suite of online gaming products with multiplayer interactive poker technology.
A New Era Breaks From the Starting Gate -- Daily Racing Form Proclaims30 May 2001
The Daily Racing Form, which has covered thoroughbred racing since 1894, unveils its re-designed Web site.
AlphaTrade Teams up with Grand Central Sportsbook30 May 2001
AlphaTrade.com has signed reciprocal marketing agreements with Grand Central Sportsbook, one of the leading sports and race book sites on the Internet.
dot com Entertainment Sells Bingo Software to British Virgin Islands Operator30 May 2001
dot com has entered into a license agreement with Helix International to deliver and install a complete Internet Bingo system.
Chinese Official Executed for Gambling with Government Money30 May 2001
News Brief: Reports from China say an official has been executed for gambling away millions of dollars of public funds.
Aloha Casino Finally Pays Off Jackpot Winner30 May 2001
It took 47 days for Christine Dafcik to get the money she won on an online progressive slot machine. The Online Players Association and Aloha’s software supplier, Unified Gaming, intervened in the case.
Jamaican Gambling Regulator Resigns30 May 2001
A government minister who was responsible for overseeing the Jamaican gambling industry resigned, after newspaper reports said he wrote bad checks while playing slot machines.
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