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Online Gaming News
Online Gambling Runs Foul of Local Laws
5 Jul 2004
News Brief: The world’s largest internet betting group finds that when it comes to luring punters, the local monopoly holder isn’t all it must contend with.
UltimateBet.com Takes Poker Tour to Aruba
2 Jul 2004
For the third year in a row, online poker
site UltimateBet.com is taking their World Poker Tour event to Aruba.
Judge Won't Dismiss Tax Lawsuit Against IGT
2 Jul 2004
News Brief: A Reno judge refused Thursday to dismiss a whistleblower's claim that slot machine giant International Game Technology filed false tax returns and owes up to $30 million in back state taxes.
MGM-Mandalay Lifts Gaming Stocks
2 Jul 2004
Investors bid gaming stocks modestly upward in June largely based on the interest created by the $7.9 billion buyout agreement between MGM Mirage and Mandalay Resort Group.
IGT Signs New Credit Facility
2 Jul 2004
International Game Technology has entered into a $1.5 billion credit facility with a syndicate of banks.
Harrah's Entertainment Completes Acquisition of Horseshoe Gaming
2 Jul 2004
Harrah's Entertainment, Inc. has completed its previously announced acquisition of Horseshoe Gaming Holding Corp.
Churchill Downs Revises Earnings Forecast
2 Jul 2004
Churchill Downs Incorporated reports that it now expects earnings for the year to be approximately 10 to 15 percent lower than its previous year-end estimate of $1.70 per share.
USA Casino Pays $645,319 in Single Winajackpot Win
30 Jun 2004
WinAJackpot.com member Brenda J.’s life changed forever on 22 June when she scooped a record $645,319 in prize money playing Gold Rally 8-line Slots at USA Casino.
US, Antigua Seek Solution to Internet Gambling Case
29 Jun 2004
International News Brief: The United States and Antigua have suspended litigation over Internet gambling and want to resolve the World Trade Organization dispute through negotiations, an American official said on Tuesday.
GSN Launching New Sweepstakes
29 Jun 2004
GSN, the Network for Games, is launching the online ‘Lucky Stars Sweepstakes’ in conjunction with the launch of the new TV series Celebrity Blackjack.
Jackpot Madness Launches New Games
29 Jun 2004
Jackpot Madness has just launched new 5-reel video slot versions of two favorite progressive games: Lotsaloot and Fruit Fiesta.
Tabcorp Policy Probed
29 Jun 2004
International News Brief: Victorian Premier Steve Bracks says he will seek further advice about Tabcorp's move to penalise account holders for not betting.
Wynn, Publisher Settle Lawsuit
29 Jun 2004
News Brief: A book publisher accused of libeling Steve Wynn has entered into a confidential settlement with the gaming figure.
SkyCity Completes Christchurch Purchase
29 Jun 2004
SkyCity Entertainment Group today announced that it has settled the purchase for the acquisition of Aspinall Limited, which holds a 40.5% shareholding in Christchurch Casinos Limited.
NYRA Wants VLTS Off During Races
29 Jun 2004
News Brief: Worried that video lottery terminals at the new racino will lure some bettors away from Saratoga Race Course, New York Racing Association officials want the operators to shut the machines down during live racing hours.
Asian Governments Urged to Legalize Online Gambling
28 Jun 2004
International News Brief: As underground bookies in Asia increasingly look outside the region for online gambling licenses, big gaming companies are urging Asian governments to fully legalize Internet betting.
GSA Adds More Members
28 Jun 2004
The Gaming Standards Association has welcomed six new members, increasing its total worldwide membership.
Sierra Development Installs VirtGame System
28 Jun 2004
Sierra Development Company will be installing VirtGame's PrimeLine Sports Book in all of their Club Cal-Neva race and sports book locations valued at about one million dollars in the next five years.
Wynn Defends Club Buyout Offer
28 Jun 2004
In a letter to members of the Las Vegas Country Club last week, Steve Wynn said his offer to buy out club owners was 'not hostile'.
Churchill Downs Opens Bidding for Fair Grounds
28 Jun 2004
Churchill Downs Incorporated is the opening bidder in the bankruptcy auction for Fair Grounds Corporation's racetrack and off-track betting assets.
Slot Makers Shares Recover
25 Jun 2004
After sinking like bricks following the announcement of MGM Mirage's $7.9 billion bid for Mandalay Resort Group, slot maker shares recovered 3 percent to 5 percent.
Execs Dismiss New York Post Story
25 Jun 2004
Officials at MGM Mirage and IGT called the New York Post’s report that IGT stood to benefit from the MGM Mirage’s buyout of Mandalay as laughable.
Bookies Worry about Australian Betting Exchange Review
25 Jun 2004
International News Brief: An explosion in betting exchanges is tipped should Australia’s Federal Government's review of the Interactive Gambling Act fail to ban the revolutionary gambling medium.
William Hill to Pay Out on Sol Bet
25 Jun 2004
International News Brief: Bookmaker William Hill says it will still pay out to punters who bet on Sol Campbell to score in the Euro 2004 match against Portugal.
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