American Wagering announces Nevada Gaming Control Board approval for Mega$ports.LAS VEGAS--(BUSINESS WIRE)--June 6, 1997--AMERICAN WAGERING INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (Nasdaq NM: BETM) today announced that the Nevada Gaming Control Board The Nevada Gaming Control Board, also known as the State Gaming Control Board, is a Nevada state governmental agency involved in the regulation of casinos throughout the state, along with the Nevada Gaming Commission. It was founded in 1955 by the Nevada Legislature. voted on Wednesday, June 4, 1997 to grant a license for Mega$ports to be a systems operator for pari-mutuel sports wagering. Mega$ports is the joint venture between American Wagering, Inc. and International Gaming Technology (NYSE NYSE See: New York Stock Exchange : IGT IGT impaired glucose tolerance. ). This license will be reviewed in one year. Prior to installation of any system, Mega$ports must be approved by the Nevada Gaming Commission The Nevada Gaming Commission is a Nevada state governmental agency involved in the regulation of casinos throughout the state, along with the Nevada Gaming Control Board. It was founded in 1959 by the Nevada Legislature. . A hearing on the product will be held on June 19, 1997. As previously announced, contracts have been signed to install the Mega$ports system at five Stations Casino properties, four Hilton Hotel casino properties as well as Leroy's Sports Books. In a separate matter, the Nevada Gaming Control Board deferred a decision on the issue of a manufacturer license awaiting presentation of additional information by the company. American Wagering is in the process of providing this information. American Wagering, Inc. owns and operates Leroy's Horse and Sports Place, the licensed bookmaker with the largest number of sports book locations in the state of Nevada, Computerized Bookmaking bookmaking Gambling practice of determining odds and receiving and paying off bets on the outcome of sporting events and other competitions. Horse racing is perhaps most closely associated with bookmaking, but boxing, baseball, football, basketball, and other sports have Systems, Inc., the leading provider of sports and race book systems in Nevada and Leroy's Hotel Corporation, the owner and operator of a 150-room hotel complex in Las Vegas. CONTACT: Robert Ciunci, Chief Financial Officer, 702/735-0101 Steve Holden or Jeffrey Volk/John Heilshorn Lippert/Heilshorn & Associates, Inc. 212/838-3777 |
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