2008 May 15 Gambling News, Events and Happenings - Page 7

(Adds additional information on betting margin, net gaming revenues, reporting) VIENNA (Thomson Financial) - Bwin Interactive Entertainment AG. said its net income during the first quarter was up 11.1 percent year-on-year to 11.0 million euros, buoyed by a 17.5 percent year-on-year rise in its net gaming revenues to 91.9 million euros.

BOSTON - Senate Republicans launched a new effort yesterday to approve resort casinos, pledging to use the state budget to force a vote on the issue. The effort came after Senate leaders unveiled a $28 billion state budget that relies heavily on reserves and tax increases to remain in balance.

Sprinkled among the crowds at Saturday’s Preakness will be “a visible presence” of people working to win passage of November’s slots referendum that could partially fund aid to the thoroughbred racing industry, said the head of a pro-slots coalition Wednesday.

No guy on the face of the earth would retire from sports, take his ball and go home to change diapers.

Last week’s raid by the state attorney general’s office on bingo parlors in the Sacramento region, including one hall in the Arden Arcade area, spotlights what is expected to be a growing problem.

F or the birds: For a while there, employees at Thunder Valley casino were playing a game you might call Rush in Roulette. Hundreds of barn swallows built nests in the eaves over the employee entrance. When workers came to work, they had to rush in while looking out for falling well, it’s the same word as a dice game often played at casinos. “Oh, my God, you cannot believe the mess they were …

BOSTON The Massachusetts House dealt casino gambling a stinging defeat two months ago, but the fight is not over in the Senate.

With hundreds of millions of dollars riding on the outcome, the Kansas Supreme Court on Wednesday considered whether the new gambling law complied with the constitutional requirement that casinos be state-owned and operated.

As Senate leaders unveiled a $28 billion budget yesterday that relies heavily on new taxes and savings, Republicans pledged to file Governor Deval Patrick’s casino bill as an amendment to the spending plan, saying the state needs new sources of revenues.