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California News - Page 140

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California Tribes Accused of Gaming Compact Violations

News Brief: Opening a legal fight that could determine whether California can control the growth of Indian gambling, the Schwarzenegger administration has notified two tribes that they are operating games that violate their state compacts.

Gambling TV Backers Hopeful

Anyone who has watched any television over the past year has likely stumbled upon a program or series related to casino gambling.

Technology and Gambling: Faster Cash, But At What Cost?

New technologies might soon allow Nevada gamblers to withdraw cash from a credit or bank account without interrupting their round of video poker or hand of blackjack, state gaming regulators said last week.

Schwarzenegger, Tribes Continue to Clash

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.

WPT Reports Loss

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.

Analyst, Gaming Foe Disagree on Election Results

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 Results Up

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

Voters Reject Gambling Expansion, Back Stem Cell Research

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

Nevada Gold & Casinos Accused of Conspiracy

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

California Casino Put on Hold

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.

California Tribal Regulations Raise Concerns

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.

Ventura Stars in Pro-Tribal Gaming Ads

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.

States Look to Gambling for Solutions

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 Appoints New Director

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, ESPN, Bicycle Casino to Co-host Poker Tournament

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.

Schwarzenegger Balks at Tribal Casino Compact

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.

California Official Criticizes Gambling Industry

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.

Table Mountain Casino Donates to Golf Club

Table Mountain Casino's $10,690 donation keeps the high school program alive at Sierra High Golf Club.

California Casino-Goers Support Prop. 70

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

May Tribes Rake The Pot?

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

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