As reported by the Philadelphia Inquirer: “For the first time since it debuted nearly three years ago, the Borgata Hotel Casino & Spa was not Atlantic City’s top-grossing casino. Bally’s Atlantic City casino toppled the Borgata from the top spot last month. “The Jersey Shore resort’s 12 casinos generated $440.2 million in revenue in April, […]
The March winds blew yet another travel industry record into Las Vegas, this time the highest monthly visitor count in local history. More than 3.4 million people came here in March, or 11,821 more than were reported for the same month a year ago, the previous titleholder for Las Vegas’ busiest month. That 0.3 percent […]
As reported by the Sydney Morning Herald: “Sydney bookmakers Con and George Kafataris appear to be finally preparing for a big punt on the sharemarket with the listing of their online sports-betting shop, Centrebet. “‘We’re looking at all options at the moment,’ said Con Kafataris, confirming that public listing was one possibility. “The brothers have […]
PokerTek, Inc. today announced financial results for its first quarter ended March 31, 2006. Net loss for the first quarter of fiscal 2006 was approximately $1,591,000, or ($0.17) per diluted share, compared with net loss of approximately $725,000, or ($0.11) per diluted share, in the first quarter of 2005. Revenues from both license fees and […]
As reported by the Columbian: “A list of pending Indian casino proposals circulated Wednesday raises the possibility that the Klamath Tribes of southern Oregon will seek to build a casino in Aurora, Ore., some 20 miles south of Portland. “Federal officials have been deluged with Indian casino applications in response to a bill sponsored by […]
As reported by the Botswana Daily News: “Chairperson of the Casino Control Board of Botswana Lekwalo Mosienyane has been appointed chairperson of the Gaming Regulators African Forum. “A press release from the Ministry of Trade and Industry says Gaming Regulators African Forum aims to promote grounds for sharing of practical experience on matters pertaining to […]
As reported by the Bloomberg News: “A House panel has approved legislation to toughen laws criminalizing Internet gambling, a preliminary step that may lead to enactment by Congress. “A Judiciary subcommittee voted unanimously Wednesday to endorse the Internet Gambling Prohibition Act, sponsored by two Virginia representatives, Bob Goodlatte, a Republican, and Rick Boucher, a Democrat. […]
As reported by the Search400 News: “IBM and four of its software partners announced they are collaborating to launch a “Casino-in-a-box,” an integrated hospitality and gaming suite of products for the System i. “The partners, established vendors in the casino industry (Agilysys, Bally Technologies, InfoGenesis, SSA Global) are offering software that spans the board. Hospitality […]
Net revenue for the first quarter of 2006 increased 31.3% to a record $530.4 million compared to $403.8 million in the prior year’s quarter. Adjusted net income for the first quarter of 2006 improved to $134.8 million, or adjusted earnings per diluted share of $0.38, versus adjusted net income of $103.1 million, or adjusted earnings […]
* Record first quarter consolidated net revenues of $256.1 million, representing an increase of $16.0 million, or 6.7%, over the first quarter of 2005. * First quarter consolidated operating income of $43.7 million, a decrease of $2.6 million, or 5.7%, from the prior-year first quarter, after giving effect to $2.1 million of stock option compensation […]
As reported by the Kennebec Journal: “State lottery officials are still waiting for someone to come forward and claim an $8.45 million Megabucks jackpot. “Employees of D&L Country Store in Oakland last Thursday celebrated the announcement that they had sold the winning ticket. Selling the winning ticket netted the convenience store owners a $30,000 selling […]
As reported by the Casper Star-Tribune: “In the latest push to make Wyoming a Powerball state, an interim legislative committee on Monday authorized legislation allowing Wyoming to join the multistate lottery. “Individual lawmakers have sponsored Powerball bills in past legislative sessions, but this marks the first time a committee will formally introduce a bill of […]
Scientific Games today reported first quarter 2006 revenues of $208.1 million, up 13 percent from $184.6 million in the first quarter of 2005. Net income was $22.4 million or $0.24 per diluted share, net of $6.4 million of stock compensation expense and other unusual charges, up 6 percent from $21.0 million and $0.23 per diluted […]
When the gates open at Churchill Downs it will be Brother Derek that is favored to charge to the finish line according to odds makers at sportsbook.com, the world’s largest online sportsbook and casino. But Brother Derek will have an admirable challenger in Lawyer Ron, listed at 9-2. The three year old colt is on […]