GameTech International, Inc., a leading designer, developer and marketer of electronic bingo equipment and bingo systems, today announced financial results for the Company’s first quarter ended January 31, 2006. Net income totaled $839,000 or $0.07 per fully diluted share compared with $1,000, or $0.00 per share in the same period in 2005. Revenue for the […]
Monthly Archives: March 2006
State Sen. Robert M. “Tommy” Tomlinson, an architect of the Pennsylvania gaming act, will be a featured speaker at the 2nd annual Pennsylvania Gaming Congress on March 6-7. Sen. Tomlinson, who engaged in a decade-long fight to authorize slot machines at racetracks, was instrumental in crafting and passing Act 71, which allows up to 61,000 […]
American Wagering, Inc. (OTC BB:BETM.OB) (the “Company”) today announced that the Company’s wholly owned subsidiary AWI Gaming, Inc. (“AWIG”) completed the acquisition of, and commenced operations at, Sturgeon’s Inn & Casino in Lovelock, Nevada (“Sturgeon’s”) on March 1, 2006. The acquisition of Sturgeon’s is expected to be immediately accretive to the Company’s fiscal 2007 operating […]
Attorney General Mike Cox announced today that he has demanded that PowerPick Player’s Club of Michigan, L.L.C., a Grand Rapids based subsidiary of PowerPick America, L.L.C., stop selling subscriptions to lottery-ticket pools for Michigan Lottery games because the business violates state law. “Illegal gambling is just that: illegal,” said Cox. “My office will continue to […]
Six gaming equipment companies, including industry giant International Game Technology and Las Vegas-based Aristocrat Technologies, have been awarded Pennsylvania’s first slot machine licenses. In a unanimous vote Tuesday, the Pennsylvania Gaming Control Board said the companies are subject to a series of 40 conditions set out by the regulatory agency. Pennsylvania lawmakers, in July 2004, […]
As reported by Reuters: “South Africa’s biggest casino operator, Sun International, posted a 34 percent jump in first-half adjusted headline earnings per share on Thursday but said growth would slow in the second half. “Adjusted headline earnings per share in the six months to end-December rose to 248 cents from 185 cents in the year-ago […]
Calvin Ayre, one of the pioneers of online gaming, formally announced today the launch of the Calvin Ayre Foundation web site. The Foundation, which is federally registered in Costa Rica, is active in supporting charitable causes throughout the world. Founded by Mr. Ayre in 2004, the Foundation’s aim is to achieve meaningful and lasting improvements […]
The Jackpot Factory Group, a leading online casino group that has paid out over $4 billion since its launch, unveiled an enormous slot promotion called “Slot Madness.” During March, the group’s casinos ? All Slots Casino, All Jackpots Casino, First Web Casino, and Wild Jack Casino ? will reward over 1,500 players with cash prizes […]
As reported by Stuff: “SkyCity Hamilton is taking a $2 million punt that a major new sports bar will help pull more customers into the Riverside casino and entertainment complex on Victoria St. “Final decisions on other revamps, to cost about $1 million, are expected within a few months. “…SkyCity Hamilton general manager David Christian […]
When Daniel Pfeiffer was 17 years old, he became captivated by a card game his father invented. A mathematician, Arthur Pfeiffer found poker interesting but thought chance played too large a role in the game, so in 1984 he created a version of poker called “Pickem,” which eliminated the element of luck. All cards were […]
What are the three most important things a professional considers when betting a game? Price, price and price. Getting the best number on every game will turn a 50% handicapper into a net winner and allows a 53% capper to show a handsome profit at season’s end. Every penny you’re able to shave off of […]
Although not everyone is ready to see a gay romance dominate the Oscars, Brokeback Mountain is an obvious favorite with both critics and odds makers. Aces.com favors the controversial picture to win at 1-10 odds (odds at Aces.com as of March 2, 2006). Although Aces.com is a little bit of Las Vegas online, they’re offering […]
When Daniel Pfeiffer was 17 years old, he became captivated by a card game his father invented. A mathematician, Arthur Pfeiffer found poker interesting but thought chance played too large a role in the game, so in 1984 he created a version of poker called “Pickem,” which eliminated the element of luck. All cards were […]
As reported by the Pittsburgh Tribune-Review: “State gambling regulators issued their first licenses of any kind Tuesday — to six companies that can manufacture slot machines to be sold in the state. “…The licenses are subject to 40 conditions set by the board to comply with state gambling law. “Companies receiving the licenses are Aristocrat […]