New York News - Page 65

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New York City OTB Closing One Site, Others May Follow

30 December 2004

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

29 December 2004

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

22 December 2004

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

21 December 2004

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

20 December 2004

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

20 December 2004

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

16 December 2004

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

16 December 2004

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.

New York Gambling Program Receives Funding

16 December 2004

News Brief: The Gambling Recovery Program of Jewish Family Service of Buffalo and Erie County received a $25,000 boost Wednesday, courtesy of a state grant.

Scientific Games European Systems Division Earns Certification

16 December 2004

Scientific Games that its European subsidiary Scientific Games International GmbH has successfully passed a certification audit in accordance with the ISO 9001:2000 Quality Management System standards.

Multimedia Games Questioned by Regulators

15 December 2004

News Brief: Multimedia Games has received a ‘a series of letters’ from the National Indian Gaming Commission ‘expressing the commission's concern that certain of our agreements violate’ Indian gaming rules.

New York Tribes Tout Casinos as Windfall

14 December 2004

News Brief: New York could borrow its way out of a budget deficit if it settles Indian land claims and approves new casinos, lobbyists for tribes are telling state officials.

Analysts: Las Vegas Sands is a Good Bet

13 December 2004

News Brief: With a strong operating history and growth potential in Las Vegas and in Asia's Macau, Las Vegas Sands could offer a significant payout for those investors willing to play a hand.

LV Sands IPO a Good Bet

10 December 2004

News Brief: According to analysts, Las Vegas Sands' IPO is a good bet to open strongly and perform well in the aftermarket.

Scientific Games Reports Receipt of Requisite Consents, Pricing of Tender Offer

9 December 2004

Scientific Games Corporation reports that, in connection with the tender offer and consent solicitation for its outstanding 12-1/2% Senior Subordinated Notes due 2010, it has received sufficient consents from the registered holders of outstanding Notes to amend the indenture governing the Notes.

New York Counties to Receive Casino Payoffs

8 December 2004

News Brief: New York State’s deal to allow a pair of out-of-state tribes to open two casinos in the Catskills would have financial payoffs for Oneida and Madison counties.

Scientific Games Selects NCR to Develop User Terminal Interface

8 December 2004

NCR and Scientific Games Corporation report that NCR's human factors consultants will develop the next-generation user interface for Scientific Games' self-service and teller-operated terminals used for pari-mutuel race wagering.

Buffalo Raceway and Horsepower Sign License Agreement

7 December 2004

Sungold International Holdings Corp. reports that its wholly owned subsidiary Horsepower Broadcasting Network International Ltd. and Buffalo Trotting Association, operating under Buffalo Raceway have entered into a five year Horsepower Authorized Racetrack Affiliate license agreement.

Autotote Heir Charged with Assault

2 December 2004

News Brief: A British music producer filed a civil assault lawsuit Wednesday against Luke Weil, heir to the Autotote gambling equipment fortune, alleging that Weil beat him bloody with a liquor bottle at a birthday party.

Poker Champion Signs Endorsement Deal

2 December 2004

Men the Master, one of the world's most renowned poker players and winner of six World Series of Poker gold bracelets, has signed an endorsement contract with All In Fashion LLC, a new brand of clothing rooted in poker that is being introduced into select stores across the nation this fall.

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