California News - Page 153

News Brief: Governor Arnold Schwarzenegger may have beaten back ballot measures aimed at expanding gambling in California, but he hasn't succeeded in striking deals with a majority of casino-owning American Indian tribes to share revenue.

World Poker Tour Enterprises reports net loss for Q3 was $0.5 million and basic and diluted losses were $0.03 per share. This compares with a net loss of $0.4 million and basic and diluted losses of $0.03 per share for Q3 2003.

Rev. Tom Grey believes Tuesday's election results show it's about time for the gaming industry to fold its hand. Gaming analyst Marc Falcone of Deutsche Bank, however, disagrees with Grey.

Youbet.com, Inc. has reported pre-tax income for Q3 period of $791,085 compared to a loss of $617,853 in Q3 2003.

News Brief: Voters devoted billions of dollars Tuesday to stem cell research and rejected an expansion of California's gambling industry.

Rinaldo Corporation has filed suit against Nevada Gold & Casinos, Inc., and three alleged co-conspirators, Sierra Research & Consulting, Ltd., Michael Derry and Shelia Torkelson.

News Brief: The construction of a Hesperia casino will be set back months because an agreement between the city and tribal officials doesn't meet the state's environmental laws.

News Brief: Federal authorities plan to raise concerns with the Santa Ynez Band of Mission Indians in Santa Barbara County about how the tribe regulates gambling at its casino, one of the most profitable in California.

News Brief: Governor Schwarzenegger's buddy, Jesse Ventura, the independent ex-governor of Minnesota and former wrestling star, is the unexpected star of a statewide television ad accusing the governor of exploiting Indian tribes that operate casinos.

News Brief: Many have gambling measures on the statewide ballot this year in an attempt to cash in on the soaring popularity of gambling following a decade that saw a rapid expansion of Indian casinos around the nation.

Magna Entertainment Corp. reports that Ron Charles, former chairman of the Thoroughbred Owners of California, will assume the duties of Executive Director of MEC California effective November 1, 2004.

PartyPoker.com will partner with ESPN Radio 710 and the Bicycle Casino to present the 1st Annual ESPN Radio 710 Mason & Ireland Celebrity Poker Party on Sunday, November 14.

News Brief: In a letter, Governor Schwarzenegger’s legal affairs secretary says that the governor will not enter compact negotiations with Enterprise Rancheria for its Yuba County casino.

News Brief: Assemblywoman Judy Chu came out swinging Monday against political action committees set up by the local gambling industry that will spend $162,020 on campaign ads against her.

News Brief: Local California casino customers offer their opinion on Proposition 70.

I. Nelson Rose: What is the difference between "and" and "or?"

News Brief: In Coachella Valley, the annual seasonal rise in jobs is being bolstered this year by major expansions at two valley casinos.

Nevada Gold & Casinos, Inc. has entered into a memorandum of agreement with the Timbisha Shoshone Tribe for the management of a proposed casino resort in the City of Hesperia, California.

e California Nations Indian Gaming Association demands an apology from Governor Schwarzenegger for a statement made during a campaign rally in San Diego.

News Brief: Almost half of the Chumash gaming commission have backgrounds that would preclude them from working at casinos in other states.