2007 May 15 Gambling News, Events and Happenings - Page 2

Progressive Gaming struggles to break into the black.

Rejected applicants for lucrative slot-machine gambling licenses took their gripes to the state Supreme Court on Tuesday, as justices felt their way through an admittedly awkward role.

Lottomatica S.p.A. announced that its wholly-owned subsidiary, GTECH Sports Betting Solutions Limited, has entered into an agreement to acquire the outstanding share capital of London-based Finsoft Limited, a leading provider of real-time transaction and information management systems for the commercial sports- betting market.

Applicants who were rejected for a lucrative slot-machine gambling license in Philadelphia took their gripes to the state Supreme Court today, as the justices found themselves in an admittedly awkward role.

M.L. The town’s board of selectmen Monday night approved putting a NON-binding question on a future ballot. The Mashpee Wampanoag Indians want to build a casino in town if Beacon Hill lawmakers expand legalized gambling in the state.

Ameristar Casinos Inc. on Tuesday announced a quarterly cash dividend of 10.25 cents per share. The Las Vegas-based company will pay the dividend June 15 to shareholders of record June 1.

COLORADO SPRINGS, Colorado — (PRESS RELEASE) — Century Casinos, Inc. (Nasdaq: CNTY; Vienna Stock Exchange:) announced today that the Company has appointed Mr. Rossouw Lubbe as new managing director of its South African subsidiary Century Casinos Africa (Pty.) Ltd.

Pocono Mountain Investors asked the state Supreme Court this morning to require the Pennsylvania Gaming Control Board to reconsider applicants for the casino license it approved for Mount Airy Resort & Casino and prohibit Mount Airy from reapplying.

The sector has been unjustly beaten down on Las Vegas and Macau concerns.