Gambling News Archives 2002

July 2002

Dockside gambling OK'd for seven Indiana riverboats - 31 July 2002
The Indiana Gaming Commission gave approval Monday for seven riverboat casinos to offer dockside gambling starting Thursday. But the commission punished three other casinos for disobeying a directive to restrict advertising about the start of dockside gambling before the commission's approval. Those boats -- Harrah's - read more »
Cashed up looking at - 31 July 2002
Perth online porn broker will enter the realms of Internet gambling and dating services as the cashed-up company goes on the hunt for acquisitions in the next six months. Further expansion of its Today's Success online 'adult entertainment' business has kept the cash registers ringing for Adultshop, which - read more »
Vegas Goes Cold on Internet Gambling - 31 July 2002
Las Vegas has turned cold on internet gambling. The latest move by the Nevada board to get tough on offshore sports books and casino operators is being back by the big land-based casinos, who say they must respect the law.'If a 16-year-old gambles away his family's income from a state where public policy flat out forbi - read more »
Gaming firms to put money on spread bets - 19 July 2002
ZETTERS, the pools and gaming giant, wants people who are wary of investing in volatile markets to trade in virtual stocks and shares by offering free training in spread betting. And Finspreads, Zetters' financial gambling subsidiary, will let people from across the class divide take a punt with 1p bets on the internet - read more »

August 2002

Accusations fly in gambling fight, but the governor's office is silent - 27 August 2002
At a time when Indiana is taking its deepest, darkest dive into the regulation of gambling, Gov. Frank O'Bannon is taking the Fifth. Call it a horse-racing controversy, call it a scandal, call it a war. Say any of those things - say anything at all - and you will have said more about it than the governor has publicly. - read more »
Speirtech develops MMS gambling service - 04 August 2002
Speirtech, a Dublin based company providing mobile casino platforms, said that its recent demonstration with Logica of interactive casino games on mobile handsets was the first time this has been achieved in the MMS arena. The demonstration of mobile gaming was performed using Logica's MMSC's mobile application interfa - read more »
Pokies cut call after $14b gambled away in a year - 09 August 2002
MELBOURNE, Thursday: Anti-gambling campaigner the Reverend Tim Costello has called for state governments to cut their poker machine numbers and slow the speed at which they swallow money as figures showed Australians gambled away more than $14 billion in 2000-01.The Australia-wide figures, compiled by the Tasmanian Gam - read more »
Casinos promote responsible gaming - 07 August 2002
Casino employees perform vital functions in efforts to identify and obtain help for individuals who have gambling problems, officials of Council Bluffs' three casinos said Monday. They made the comments after a ceremony at which Council Bluffs Mayor Thomas P. Hanafan signed a proclamation in observance of Iowa Responsi - read more »

September 2002

Tribe seeking Michigan casino asks Indiana to void contract - 29 September 2002
The Pokagon@„€œd of Potawatomi Indians has asked state gaming officials to void a contract with a consultant for an Indiana riverboat they say is fighting their plans for a Michigan casino. The Dowagiac, Mich.-based tribe on Friday called on the Indiana Gaming Commission to void a consulting agreement between Boyd Gam - read more »
Net Entertaiment Releases New Slot Machine - 28 September 2002
Net Entertainment (a subsidiary of the Cherry Casino Group, listed on the Swedish Stock market), the world's leading provider of no download Internet casino software, today announces the launch of Wild West Slot, the first new generation slot machine for Internet deployment. The Wild West Slot is a slot machine with - read more »
Overseas casino firms gear up for UK market - 26 September 2002
International casino operators are gearing up for an assault on the UK market should the Government's proposed deregulation of the gambling industry go ahead. Sun International, which operates 24 casino destinations worldwide including the world famous Sun City in South Africa, has earmarked the UK as an "ex-tre - read more »
Internet gambling surges on the removal of betting duty - 17 September 2002
BETTING group Sportech posted a jump in half-year profits yesterday after a surge in demand for telephone and internet gambling. Its Littlewoods Betdirect arm added 30,000 customers in the six months to June 30 to bring the total registered base up to 260,000. Average stakes per telephone call rose 23pc to £33 and 25pc - read more »

October 2002

Vegas analysts say Congress should set rules for online gambling - 29 October 2002
Congressional inaction on Internet gambling is handcuffing the casino industry and favoring shady corners of international commerce, according to gambling industry analysts and attorneys."When you force legitimate businesses to the sidelines, it opens the world to people who operate in gray or black areas,"Las Vegas la - read more »
Casino magnate Wynn sells opulence in bear market - 21 October 2002
As Wall Street suffers the worst bear market since the 1930s, only Steve Wynn could draw a crowd to sell an over-the-top luxury casino. Loaded into Manhattan's St. Regis Hotel last Thursday, the casino legend awed Wall Street money managers and stock researchers with talk of the first Ferrari and Maserati dealership in - read more »
Casinos, Crooks in Technological Race - 29 October 2002
Casino operators, crooks and criminals are using technology to play tag with one another. "Device crime is rapidly on the rise," said Woody Pierce, managing partner in the International Casino Surveillance Network. Surveillance, however, seems to be chasing out more conventional casino crime. Amid the sound and fury, t - read more »
Conference data says gambling's costs outweigh benefits - 01 October 2002
Gambling's social costs outweigh its social benefits by a margin of at least 2-to-1 and probably closer to 5 1/2-to-1, according to data shared Sunday at a national anti-gambling conference here.“I've been kind to the gambling industry in the numbers that I use because I know they'll be challenged,” said Earl Grinols, - read more »

November 2002

Revenue, cash flow improve for LV operator - 07 November 2002
Herbst Gaming Inc. of Las Vegas, an operator of casinos and a slot route, Tuesday reported a profit for the quarter ended Sept. 30 of $100,000 vs. a loss of $12.7 million in the year-ago quarter. The 2001 loss was caused by a debt restructuring charge of $13 million.Revenue for the 2002 quarter was $61.4 million, up 6. - read more »
World Gaming Co-Sponsors International Symposium - 19 November 2002
World Gaming, a global leader in the development, licensing and production of Internet gaming systems, will co-sponsor the Sixth Annual International Symposium on Internet and Wireless Gambling Law and Management.The conference, presented by Bioconferences International, ( a division of Mary Ann - read more »
Leaders expect approval of slot machines - 13 November 2002
Senate President Richard Finan, R-Evendale, said Tuesday he expects the Senate to pass, as early as next week, legislation authorizing electronic slot machines at Ohio's seven racetracks, without a vote of the people.The legislation, to be sponsored by Sen. Louis Blessing, R-Cincinnati, is being drafted. "We have a bil - read more »
Gambling board approves blueprints for Lake Charles casino - 21 November 2002
Blueprints for a $325 million riverboat casino gambling complex and resort in Lake Charles got approval Tuesday from the state's gambling board with a warning from the board's chairman about changes.Louisiana Gaming Control Board chairman Hillary Crain reminded Pinnacle Entertainment Inc. representatives that the board - read more »

December 2002

Moulin Rouge Stage Version Aimed At A Casino - 11 December 2002
A Las Vegas casino is the target venue for a stage version the Baz Luhrmann's Oscar-winning movie, "Moulin Rouge," a picture about risk, music, hijinks, hedonism, sex, death and showstoppers - Vegas in miniature.Luhrmann told Variety the Paris-set show is going into a casino, but nothing else was reported. Luhrmann tol - read more »
Congressmen disagree on what to do with Internet gaming - 04 December 2002
Federal lawmakers agree that something must be done with Internet gaming, but there is wide disagreement on what that something should be.United States Representative John Conyers Jr. (D-Michigan) recently introduced a bill that would take steps toward regulating on-line gaming, which would make it legal.Senator Harry - read more »
Vegas Casino Empire Expands Online - 05 December 2002
Las Vegas casinos are gambling on the Internet. Led by the giant MGM Mirage, the world famous casinos plan to extend their empire into the virtual world. Legal uncertainty over online gambling had until recently put the Vegas casinos off online gambling. Encouraged by the continuing success of Internet betting and conc - read more »
Massive gaming and hotel deal unveiled - 16 December 2002
South African brewer SAB-Miller and Tsogo Investments have unveiled a R1,9-billion deal to create the country's largest hotel and gaming group.They have heralded it as a milestone for black ownership.The new entity, Tsogo Sun Holdings, would be controlled by black-run Tsogo Investments, while SAB-Miller, the world's se - read more »