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News - Page 1664

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Intertops.com Offers Odds Groundhog Day Prediction

The 119th Groundhog Day is just around the corner, but Spring is not, according to online bookmaker Intertops.com.

Powerball Jackpot Bumped Up to $12 Million

Since no one correctly matched all six numbers in Wednesday's drawing the Powerball jackpot will grow to an estimated $12 million.

Dover Downs Gaming & Entertainment Results Up

Dover Downs Gaming & Entertainment, Inc. reports pro-forma earnings per share for the Q4 were $.15 per diluted share compared with pro-forma earnings of $.12 per diluted share for the Q4 2003.

Harrah's Names New General Manager

Harrah's Operating Company, Inc. has named Patrick Dennehy Senior Vice President and General Manager of Horseshoe Bossier City Hotel & Casino and the nearby Harrah's Louisiana Downs thoroughbred racetrack and casino.

Multimedia Games Acquires Sigma Game Assets

Multimedia Games, Inc. has recently acquired certain assets of Sigma Game Inc., in an all-cash transaction for an undisclosed amount.

Multimedia Games Results Up

Multimedia generated revenue in Q1 2005 of $39.2 million, an increase of 13.7% compared to Q1 2004.

Herbst Changes Price for Lakeside Casino

Herbst Gaming, Inc. has entered into an amendment to its purchase agreement with Southern Iowa Gaming Co. to change the purchase price for the Lakeside Casino.

Man Sues MGM Mirage

News Brief: A Southern California man has sued MGM Mirage for preying on his gambling addiction and inducing him to borrow and lose millions of dollars at its Las Vegas casinos.

NYRA Cut Off Six More Simulcasting Sites

News Brief: The New York Racing Association reports that it will cut off six more simulcasting sites, bringing to 10 the number of sites the association has dropped since a federal indictment involving illegal gambling was issued two weeks ago.

Problem Gambling Advocates Laud Guinn's Call for Funding

Problem gambling advocates are applauding Gov. Kenny Guinn's effort to raise $200,000 to help problem gamblers.

Palms Construction Continues

A second hotel tower is under construction at the Palms.

NIGC Under Fire

News Brief: The National Indian Gaming Commission has come under fire from two former members of the Senate Indian Affairs Committee for allegedly hurting the Indian gaming industry by ‘expanding’ the type of contracts they examine.

Judge Clears Way for California Tribal Casino

News Brief: A federal judge handed down a ruling Monday that has cleared away one more hurdle for the proposed Foothill Oaks Casino in Shingle Springs but another could quickly be put in its place.

Media Oppose Bill to Exclude Records of Racino Applicants

Media and anti-gambling groups are challenging provisions of the bill, which would allow Penn National to keep the wraps on personal, criminal and other material on its application for a state license.

St. Paul Pushes for Casino

News Brief: St. Paul may be about to roll the dice on a downtown casino, hoping to cash in on momentum at the state Capitol to expand gambling in Minnesota.

Official Says Dog Tracks Now in Gambling Compliance

Alabama Attorney General Troy King said all electronic gambling machines at the dog tracks in Macon and Greene counties are now in compliance with his view of what's allowed under state law.

Card Games Expected to Begin in a Few Days

A paperwork delay in Washington, D.C., is being blamed for a delay in the start of poker and blackjack card games at an Oklahoma Indian casino, but tribal officials say the games should begin in the next few days.

Kentucky Lottery has Unique Role

News Brief: The Kentucky State Lottery Corp. is a unique entity that is a hybrid - part business, part state government, part state-sanctioned gambling operation and part non-profit scholarship and grant underwriter.

Hollywood Begins Plan For Settling Civil Lawsuits

News Brief: Hollywood Casino lawyers on Monday said they will start trying to settle about 175 civil lawsuits for no more than $25,000 each, a plan which drew skepticism from one Shreveport lawyer.

Experts to Speak at Pennsylvania Gaming Congress

Casino operators, state legislators, regulators and Wall Street analysts will share their expertise at Pennsylvania Gaming Congress 2005.

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