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Gaming News Archives - Page 5528

 
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Hollywood Casino Corporation Reports Strong Operating Results

16 March 2001
Hollywood Casino’s EBITDA increased by 13.4% to $17.9 million and earnings before non-recurring items increased dramatically to $0.11 per share from a loss of $0.03 per share in Q4 1999.
 

Minnesota Casino Plan Not Getting Support

16 March 2001
News Brief: Local Minnnesota legislators doubt that a proposal for a jointly owned casino will get substantial support in the Legislature this session.
 

Louisiana Harrah's Casino Contract Raises Red Flags

16 March 2001
News Brief: According to a newspaper's analysis, the latest proposed contract designed to save the casino in New Orleans has provisions that could wind up costing the state and hurting other New Orleans businesses.
 

Colorado Gambling Town Accused of Scheming Against Rivals

16 March 2001
A grand jury concluded that officials in the town of Black Hawk, misspent tax money and abused their authority by blocking construction of a road to a rival gambling town.
 

Commission to Oversee California Slot Machine Distribution

16 March 2001
News Brief: In an executive order Thursday Gov. Gray Davis told the state’s Gambling Control Commission it should assume control over the distribution of slot machines to California Indian casinos.
 

Betting Bill to Coincide with NCAA Tourney

15 March 2001
Rep. Lindsey Graham, R-S.C., plans to introduce a bill Tuesday that would ban betting on college sports in Nevada casinos.
 

Sportsbook.com and Laura Davies Connect to Hit the Long Ball

15 March 2001
Four-time winner Laura Davies will represent the online sportbook as she takes to the course to continue her spectacular play at the Standard Register Ping tournament.
 

Hollywood Squares is MDI's Newest Star-Studded Lottery Promotion

15 March 2001
Hollywood Squares offers players a chance to win exciting prizes such as VIP trips to Los Angeles to audition for an appearance on the game show, VIP audience passes to live tapings, and official Hollywood Squares merchandise.
 

SunCruz Casino Sets Sail in Panama City

15 March 2001
SunCruz announces the launch of the SunCruz IV in Panama City, Florida.
 

Man Misses Megabucks Jackpot by Playing Just Two Coins

15 March 2001
The State Line hotel-casino said a Utah man missed out on a $7.9 million Megabucks jackpot because he was playing with just two coins instead of the required three.
 

Former CEO Used Company Loans to Cover Gambling Debts

15 March 2001
News Brief: A former corporate executive accused of using company money and bank loans to cover more than $30 million in gambling losses has agreed to plead guilty to bank and wire fraud.
 

South Africa's Lottery Fever Still Strong

15 March 2001
News Brief: As Uthingo, the company that runs South Africa's highly profitable weekly lottery, Lotto, completed one year of its operations last Saturday, there is no indication that the lottery fever among the people and their dreams of becoming instant millionaires are abating.
 

Florida Lottery Player Wins New Harley Davidson Motorcycle From Bonus Drawing

15 March 2001
Florida Lottery has awarded a new Harley Davidson Sportster 1200 Custom motorcycle in the first Harley Davidson Scratch-offgame bonus drawing.
 

Players Strike It Rich on Video Jeopardy and Megabucks

15 March 2001
Two tourists struck it rich on the same night on the Las Vegas Strip video Jeopardy and Megabucks.
 

Detroit Casinos February Revenues Total $75 Million

15 March 2001
News Brief: MGM Grand Detroit, MotorCity and Greektown took in $75.7 million in February, up $1.7 million from January.
 

More Than 30 Top Experts Scheduled for Upcoming Major Tribal Gaming Summit

15 March 2001
More than 30 top Indian gaming experts will share their invaluable insights at the upcoming 3rd Annual California Indian Gaming Summit and Slot Manager Institute.
 

Alliance Gaming Signs To Provide Bally's New SDS Slot Management System to Foxwoods

15 March 2001
Alliance Gaming announced today that it has signed a contract with Foxwoods Resort Casino to provide the casino with its SDS slot management system from Bally Gaming and Systems.
 

HawaiiLove.com Completes Acquisition of AlwaysFreeBingo.com

15 March 2001
The strategic acquisition will not only give HawaiiLove.com additional exposure throughout the United States and Canada, but the acquisition will also give HawaiiLove.com access to the thousands of registered players.
 

Bear Stearns: Online Gaming Continues to Thrive

15 March 2001
According to a new report from Bear Stearns, the popularity of online gaming continues to soar, opening the door for what could be an extremely profitable industry.
 

Argosy Gaming Company Increases Earnings Estimates for Q1 And 2001

15 March 2001
The Company is now comfortable in estimating earnings on a diluted basis of $0.44 to $0.47 per share for Q1 2001 and $1.90 to $2.00 per share for 2001.
 


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