Europe News - Page 128

nternational News Brief: Stanley Leisure cut its annual profit forecast because of unfavorable sports results that hurt the betting business and unpaid gaming debts.

Harrah's Entertainment Inc. said Wednesday it has pulled out of a joint venture with U.K. bingo parlor operator Gala Group Ltd .

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.

International News Brief: Stanley Leisure Plc paced declines after cutting profit forecasts. William Hill Plc dropped 26 pence, or 4.5 percent, to 557 pence, the worst performer on the FTSE 100.

International News Brief: The Genting group will celebrate its 40th anniversary this year on a high note as it is poised to reap the benefits of its expansion in Britain as well as the higher number of tourist arrivals anticipated at its hill resort.

International News Brief: After the UK Government cut back on its plans to open up the gaming market, the bulldozers will be standing idle while companies instead go all-out to win the jackpot prize of a new operating license.

Secretary of Aging Nora Dowd Eisenhower today warned older Pennsylvanians to beware of an international lottery scam that adopts the name of Spain's largest lottery prize, ‘El Gordo.’

Scientific Games has completed the acquisition of all the outstanding shares of Printpool Honsel GmbH, the German company that is the instant ticket supplier to all of the sixteen lotteries in Germany.

Ritzio Entertainment Group, which runs a gambling chain in Russia, said it raised $45 million to refinance existing debt and buy new slot machines after a sale of notes linked to its credit.

Christmas came early for one lucky casino player when he won over £150,000 at attheracescasino.com.

International News Brief: Betfair and the English Rugby Football league have signed a Memorandum of Understanding in order to safeguard the ‘continued integrity of Rugby league the area of sports betting’.

GTECH Corporation has signed an agreement to provide a new online and instant lottery central system, point-of-sale terminals, and ongoing services to Lotterie-Treuhandgesellschaft mbH Thuringen in Germany.

International News Brief: An accountant stole £9 million from his city employers to fund an out-of-control gambling habit.

International News Brief: For the first time in 25 years bookmakers have made Scotland odds-on to enjoy a white Christmas.

International News Brief: The UK Gambling Bill Standing Committee has released details of a new system that will be used to decide the location and licensing regime for new casinos.

News Brief: Great Canadian Gaming Corp. has reached a deal to acquire Orangeville Raceway Ltd., operator of two standardbred tracks in British Columbia, for at least $40 million.

GTECH Global Services Corporation, has signed a five-year contract with Veikkaus Oy, the operator of the Finnish national lottery.

London Clubs International Plc, the British owner of 11 casinos, said it's "extremely disappointed" the U.K. has amended its Gambling Bill to restrict the total number of casinos operators can build in the country to 24.

Reflecting its increased presence in the gaming industry, TRM Limited has entered into a three- year contract with leisure giant Rank Group Gaming Division, operator of Mecca Bingo, Grosvenor Casinos and Hard Rock Casinos.

Las Vegas-based Ameristar Casinos, best known for its Midwestern riverboat gaming houses, is joining other American casino operators in a rush across the Atlantic to develop a resort in England once the United Kingdom deregulates its gaming industry in 2005.