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Online Gaming News
IGT Responds to Wrongful Termination Claims
22 Jul 2004
International Game Technology has responded to allegations contained in a complaint filed July 8, 2004 against the company with OSHA by two former employees alleging retaliatory termination.
Harrah's Began with Bingo Parlor in Reno
21 Jul 2004
Harrah's Entertainment, one of the oldest and most recognized operators in the casino entertainment industry nationwide, was founded in 1937 when Bill Harrah opened a hole-in-the-wall bingo parlor in Reno.
Harrah's Began with Bingo Parlor
21 Jul 2004
Harrah's Entertainment was founded in 1937 when Bill Harrah opened a hole-in-the-wall bingo parlor in Reno.
Hard Rock Revenues Up
21 Jul 2004
Hard Rock Hotel, Inc. reported Q2 net revenues increased $6.2 million, or 18%, to a company record of $41.2 million compared to $35.0 million in the year-earlier three-month period.
BetWWTS.com Offers Canadian Idol Odds
21 Jul 2004
BetWWTS.com is offering odds on who will win the latest installment of Canadian Idol.
MGM Mirage Profit Skyrockets
21 Jul 2004
News Brief: MGM Mirage reported its second-quarter profit nearly doubled, topping estimates, as hotel rooms filled up and gamblers flocked to its Las Vegas casinos.
Harrah's Entertainment Results Up for Q2
21 Jul 2004
Harrah's Entertainment reported record second-quarter revenues of $1.13 billion, up 4.5 percent from revenues of $1.08 billion in the 2003 second quarter.
Churchill Downs Profits Down
21 Jul 2004
Net earnings for Q2 were $27.4 million, a 2.1 percent decline from net earnings of $28.0 million for the Q2 2003.
Bet Direct Launches "Ballsdirect" on Sky
20 Jul 2004
UK -- 20th July, 2004 -- (PRESS RELEASE) -- Bet Direct's "Ballsdirect" game is now live on the Sky Active channel, running on OpenBet.This is Bet…
Online Casinos Set to Take Even Larger Share of Growing Gambling Market
20 Jul 2004
Online casinos are set to take an even higher
share of the gambling market, according to Manu Gambhir, CEO of Kismet
International.
THE STRIP: Harrah's has an Out in Merger
20 Jul 2004
Harrah's Entertainment included an escape clause in its final merger
agreement to buy Caesars Entertainment for about $9.4 billion, documents
filed with the Securities and Exchange Commission showed.
Harrah's Exec Optimistic About Rhode Island Plans
20 Jul 2004
News Brief: Las Vegas casino titan Gary Loveman sounded an upbeat note yesterday on his drive to build a giant Rhode Island casino, even as political clouds gather over the once-bright project.
IGT Shares Down
20 Jul 2004
News Brief: Shares of International Game Technology fell 5 percent on Monday, and analysts said investors were concerned that a pair of major casino mergers would be bad for IGT and that tribal casino expansion in California might not go as planned.
More Support Planned for Expanding Business
19 Jul 2004
Top online gambling turnkey provider Microgaming has announced that it will soon move into new and larger business premises on the Isle of Man as a result of strategic restructuring to better support an expanding business.
Intertops.com Offers James Bond Odds
19 Jul 2004
Intertops.com has pop star Robbie Williams as the 7/2 favorite to be the next James Bond.
Caesars CEO in Line for $17 Million Merger Bonus
19 Jul 2004
Caesars Entertainment Inc. Chief Executive Wally Barr stands to receive at least $17 million under an employment contract if he resigns from Caesars as anticipated after a pending acquisition by Harrah's Entertainment Inc. is consummated.
Betting Agency Told to Pay Extortionists
19 Jul 2004
International News Brief: Centre Racing’s proprietor Terry Lillis was told by the police to pay extortionists who were threatening to close down his online betting agency if he didn’t pay them $20,000.
Merger Agreement: 'Another Level' of Gaming
19 Jul 2004
Industry insiders who have sized up the proposed $9.4 billion merger between Harrah's Entertainment and Caesars Entertainment said Friday the deal -- if it gets done -- will possibly create the most powerful marketing tool in gaming.
Harrah's-Caesar Merger Faces Identity Issue
16 Jul 2004
News Brief: Harrah's, which is acquiring Caesars, must integrate some of the country's most extravagant gaming palaces into its relatively staid portfolio.
Wall Street Reacts Negatively to Merger
16 Jul 2004
all Street reacted swiftly and negatively to Thursday morning's announcement of the gaming industry's latest megadeal creating a gaming behemoth with annual revenues of more than $9 billion.
Harrah's, Caesars Merger to Impact Mississippi Market
16 Jul 2004
News Brief: A proposed merger between Harrah's Entertainment and Caesars Entertainment could have a major impact on the Mississippi casino market.
Mergers Raise Concern
16 Jul 2004
News Brief: The mergers of the gaming industry’s top four companies into two mega-companies has drawn the intense interest of antitrust regulators.
Betfair Pushes for Tasmanian License
16 Jul 2004
International News Brief: The British-based Internet betting company, Betfair, says 150 Tasmanian jobs would be created if the State Government grants its website gambling exchange a license.
Tourists Not Wild about New Merger
15 Jul 2004
For many Strip tourists who learned this morning of Harrah's Entertainment Inc.'s blockbuster acquisition of Caesars Entertainment Inc., bigger doesn't necessarily mean better.
Minority Vendors Divided on Mergers
15 Jul 2004
Minority small business people attending the MBE Showcase 2004 had mixed opinions about how the proposed mergers of major gaming companies will affect their chances of doing business with those companies.
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