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New York News - Page 64

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Mob Associates Charged in Gambling Crackdown

A plot to fix a race by giving a horse a performance-enhancing substance was among crimes alleged in a crackdown on sports gambling that resulted in charges against 17 defendants, including three reputed mobsters, authorities said Thursday.

Scientific Games Launches GETV Network

Scientific Games Corporation and Greco & Emmi Creative have launched of GETV Network, a comprehensive television network with thousands of screens at existing on-track and off-track locations presently uplinked by Scientific Games Racing.

Empire Resorts Obtains $10 Million Credit Facility

Empire Resorts, Inc. has obtained a secured credit facility to provide working capital for general corporate purposes and the continued predevelopment of future tribal gaming operations at Monticello Raceway, located in Sullivan County New York and other locations.

New York Anti-Casino Activists Blast Governor

News Brief: Two dozen anti-casino activists from across New York blasted Gov. George Pataki and Attorney General Eliot Spitzer for pushing what critics call an immoral, illegal expansion of gambling.

PokerRoom.com to Host Tsunami Benefit Tournaments

PokerRoom.com, one of the world's largest online poker sites, will host two poker tournaments this weekend to benefit the victims of the devastating tsunamis in Southeast Asia.

Saratoga Gaming and Raceway Celebrate First Anniversary

Saratoga Gaming and Raceway celebrates its First Anniversary of operation on January 28, 2005 and to commemorate the occasion is hosting a full month of special promotions.

Caesars Names Special Consultant for Mohawk Casino Project

Caesars Entertainment has named veteran Sullivan County real estate attorney Barbara Garigliano as a special consultant for the development of the planned $500-million Mohawk Mountain Casino Resort.

Cayuga Member Changes Mind

News Brief: In the latest twist involving a proposed casino at Monticello Raceway, a New York Cayuga tribal member who signed a deal for the gambling project is now railing against it.

History of Bingo Amounts to More Than a Hill of Beans

News Brief: Bingo was modeled after the Italian lottery, 'Lo Giuoco del Lotto d'Italia,' which used a game card with three horizontal rows and nine vertical rows.

Progressive Gaming International Changes Ticker Symbol

Progressive Gaming International Corporation reports its shares of common stock will now trade under the new ticker symbol "PGIC" on the NASDAQ National Market Quotation System.

Empire Resorts to Extend Contract by Cayuga Nation of New York

Today Empire Resorts Inc. has received a letter agreement from the Cayuga Nation of New York stating its intention to extend its existing agreements through June 30th, 2005.

Casino Stocks Amongst Bests of 2004

News Brief: Taking a gamble on gambling paid off handsomely in 2004. Casino stocks were among the best performers last year.

New York City OTB Closing One Site, Others May Follow

News Brief: New York City Off-Track Betting Corp. confirmed on Tuesday that one New York City OTB outlet would close by year's end and that others were being targeted for possible closure as well.

Pro-Casino Coalition Starts Media Blitz

News Brief: The Catskill Casino Coalition has begun a media blitz to sell Gov. George Pataki's idea of five casinos in Sullivan County.

Casino Fortune Wants Name on Wall Street Sculpture

News Brief: Casino Fortune says it's ready to ante up more than $5 million to put its name on ‘The Charging Bull,’ the 7,000-pound bronze sculpture near Wall Street.

Second Casino Helps Seneca Gaming Results

News Brief: The opening of a second casino in Salamanca and a growing marketing membership program helped drive up profits at Seneca Gaming Corp.

Firm Wants to Restart Racing

A company that is proposing to buy the troubled Vernon Downs harness track for $38 million wants to restart live racing and operate video lottery terminals.

Casino Stocks on a Roll

News Brief: Casino stocks have been on a roll, and some investors are betting on continued strong growth in Las Vegas and gains from industry expansion as far afield as China.

New York Tribal Members Contest Deal

News Brief: Governor George Pataki signed a major casino-land claim deal with a man who had no right to act on his tribe's behalf, according to a majority of the Cayuga Nation of New York's traditional government.

Las Vegas Sands Tops Market

On its inaugural day of trading on the New York Stock Exchange, Las Vegas Sands became the industry's largest gaming company in terms of market capitalization after its stock price jumped 61 percent Wednesday.

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