News - Page 1705

VirtGame Corp. reports that the Excalibur Hotel and Casino, a property of the Mandalay Resort Group, has contracted to be included in VirtGame's Sports Bet Express.

VendingData Corporation reported revenues of $1.2 million, which compares to $2.1 million for the previous quarter of 2004 and $2.5 million for Q3 2003. Net loss applicable to common stockholders for the Q3 was $2.4 million or $0.14 per share.

Mohegan Tribal Gaming Authority reports gaming revenues for Q4 of $296.9 million, a 4.2% increase over the corresponding period in the prior year. Net income was $9.3 million, a 69.8% decrease from Q4 2003.

News Brief: New York Gov. George Pataki and the Seneca-Cayuga Indian tribe of Oklahoma agreed to allow the tribe to build the first of three casinos in the Catskill Mountain region.

The Hoosier Lottery said Friday it has asked state police to review its handling of an alleged scheme to cash in on a winning $1 million ticket.

News Brief: Beavers found a bag of bills stolen from a casino, tore it open and wove the money into the sticks and brush of their dam on a creek near Baton Rouge.

A Northern Arapaho Tribe representative told a legislative committee that they believe an agreement is near with the Interior Department on issuing a high-stakes gambling license for a new tribal casino now under construction.

News Brief: Capitalizing on the Madison hotel's genteel pedigree, the Sands junked earlier attempts to make the Madison into a casino-like companion and instead is transforming it into an all-suite, bed-and-breakfast-style property.

The new owner of the non-gaming Alexis Park Hotel has acquired 4.7 acres adjacent to the property and is on track to develop a 28-story hotel with 1,000 rooms and a 70,000-square-foot casino.

The second-highest percentage increase in monthly visitor volume of the year in September more than made up for a lackluster August, Las Vegas Convention and Visitors Authority statistics released today show.

News Brief: Attorney General Troy King said his review of Alabama's electronic gambling businesses should wrap up by next week.

News Brief: Rick Tabish looked directly at jurors Friday and, in a thick Montana accent, calmly denied killing millionaire Ted Binion.

News Brief: Members of the River Hills Riverboat Commission drew up plans for the casino, including funds for a full time gambling counselor.

News Brief: In launching a business that sells slot machines to casinos, Minnesota Republican Party leader Ron Eibensteiner has joined investors long associated with gambling ventures in Minnesota and Nevada.

News Brief: The changes in the Minnesota House seats are expected to affect the tribal gambling debate.

News Brief: Until an Indian gaming resort started talking about coming to his hometown of Richmond, God and gambling didn't share the same space in the Rev. Andre Shumake's world but now he believes that the casino will do more good than harm.

A selection of news and views from inside the industry this week.

Starting this week James Woods and Vince Van Patten will be online exclusively at HollywoodPoker.com playing real money games against poker players everywhere.

Marking the largest turkey donation in its history, the Morongo Band of Mission Indians is giving 6,000 turkeys, double last year's donation, to Southern California charities and families in need.

News Brief: Gov. Blagojevich pledged during his campaign that he wouldn't take contributions from gambling interests, according to a survey that bears his signature.