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New York News - Page 65

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Station Casino Price Raised

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

Seneca Nation Offers $500 Million for Casino Compact

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.

Saratoga Raceway Reaches First Anniversary

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 to Acquire Interests in Sands Hotel and Casino

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.

Time To 'Muck Out NYRA's Stables' And Put Franchise Up For Bid, Editorial Says

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

New York Budget Includes Gambling Expansion

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.

Bonacic Justifies Catskills Casinos

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.

Video Slots Boost New York Lottery Revenue

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.

NTRA Responds to Race-Fixing Allegations

News Brief: The National Thoroughbred Racing Association has issued a statement regarding the alleged race-fixing scheme at Aqueduct.

Illegal US Gambling Ring Busted

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.

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.

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