New York News - Page 63

News Brief: The Sullivan County Legislature has approved Governor George Pataki's plan for five Indian casinos by a 6-3 vote.

News Brief: The New York Senate will conduct hearings on Governor George Pataki's plan to allow five tribes to settle land claims and build casinos in the Catskills.

News Brief: In what prosecutors described as a $100-million-dollar bust of organized crime, 12 people in four boroughs were arrested over the weekend for allegedly running an illegal gambling network that included bets on the Super Bowl.

News Brief: Governor George Pataki has introduced a bill to end most American Indian land claims against the state and allow five tribal casinos in the Catskills.

News Brief: The New York Yankees-Boston Red Sox rivalry is one of the biggest in sports history. But a new reality series will have it play out among their fans at the poker table rather than on the baseball field.

Caesars Entertainment Inc., the world's largest casino company, said an American Indian tribe with which it's developing a New York casino settled a 22-year-old land claim with the state, removing a hurdle to building the property.

As gaming companies, including giants MGM Mirage and Harrah's, ready their quarterly earnings reports this week, stock prices for the major operators in January reflected investors' optimism that results will surpass Wall Street estimates.

News Brief: The St. Regis Mohawk Tribe and Gov. George Pataki will sign a formal land claim settlement as early as Tuesday, making the tribe $100 million wealthier and moving it closer to creating a casino in the Catskills.

nternational News Brief: Euro Off-Track, the wagering company that lost its simulcasting agreements with the NYRA after being named in a federal indictment of 17 individuals on charges of illegal gambling and race-fixing, claims to have acted as a whistleblower in the case.

News Brief: The New York Racing Association reports that it will cut off six more simulcasting sites, bringing to 10 the number of sites the association has dropped since a federal indictment involving illegal gambling was issued two weeks ago.

Two rival interests competing for control of Vernon Downs agreed Monday to pay $75,000 each to keep the struggling track open for another week while a judge decides who gets to invest in the venue

News Brief: Analyst William J Lerner of Prudential Financial maintains his ‘overweight’ rating on Station Casinos.

News Brief: The Seneca Nation is willing to pay an extraordinary $500 million premium to the state to get a compact for a Catskills casino, the Seneca's proposed developer said Monday.

ews Brief: Saratoga Gaming and Raceway approaches its first anniversary on Jan. 28 having delivered on a pledge that video lottery terminal revenues would revive harness racing and provide employment, while faltering on reaching income projections.

American Real Estate Partners has entered into agreements to acquire additional oil and gas and gaming and entertainment assets in transactions with affiliates of Carl C. Icahn.

News Brief: The New York Daily News published an editorial on Sunday that harshly criticizes the New York Racing Association.

News Brief: Governor George Pataki unveiled a 2005-06 state budget this morning, calling for tax cuts, Medicaid reforms and an expansion of legalized gambling.

News Brief: State Senator John Bonacic yesterday said he supports casinos in Sullivan County, but whether there should be three or five is up to the county.

News Brief: Lottery revenue in New York was up half a billion dollars last year, thanks in part to the opening of four upstate video slot-machine parlors.

News Brief: US federal prosecutors said they had broken a multi-million dollar illegal gambling and horse doping ring, run by three men with links to the Gambino crime family.