Poker Online and Video Poker -Online Poker News

Gambling Monitors Could Use A Hand - 2004-02-12
With a budget of $150,000 and only two agents supervising 18 Indian casinos, the head of the state's gambling enforcement division said Wednesday that he could use more funds and 16 additional agents to ensure that the casinos' slot machines and blackjack games are above reproach.

Each of Minnesota's 11 gambling tribes contributes $13,636 to the state annually for gambling enforcement. It is the only payment the tribes make to the state directly in connection with their gambling industry, which has been estimated to bring in $1 billion a year. Under the existing compacts with the state, Minnesota's tribes have the right to operate blackjack and video slots, and they pay the state only the nominal fee for regulatory costs.
Read the full story at GamblingMagazine.com

Aztar Corp. remains bullish on LV Tropicana redevelopment plan - 2004-02-12
The parent company of the Tropicana hotel-casinos reported a 3 percent fall in fourth-quarter revenue when business plummeted after a parking garage at the company's flagship property in Atlantic City collapsed and claimed the lives of four workers. Results were helped by the Las Vegas resort, which benefited from a stronger economy, executives said

Phoenix-based Aztar Corp. on Wednesday reported a drop in net income to $11.7 million from $12.1 million a year ago. On a per-share basis, earnings rose by a penny to 32 cents as the number of shares outstanding in the most recent quarter, at 36.6 million, was about 6 percent less than a year ago. Per-share results beat analysts' expectations of earnings of 27 cents.
Read the full story at Las Vegas Sun