Business & Financial

Trump Taj Mahal Files for Bankruptcy Protection

Atlantic City is reeling from the current economic crisis and the landmark of its casino strip, the Trump Taj Mahal, has filed for bankruptcy protection.  It is one of three hotel casino operation

Submitted by Guest on, Feb/17/2009

Republican Senator Jon Kyl Pork: Good for Port Security

In a briefing with several of his colleagues, Republican Arizona Senator Jon Kyl called the Obama Economic Stimulus bill "a stinking, bloated, quivering pile of liberal pork."  Yet amaz

Submitted by C Costigan on, Feb/16/2009

Economic Stimulus Package: What Would Jesus Do?

If Jesus had passed an economic stimulus package similar to the one President Obama has proposed, we would still be paying for it.  So says 2012 Libertarian Presidential hopeful, Wayne Allyn Root.

Submitted by C Costigan on, Feb/12/2009

Las Vegas Mayor Wants Apology From Obama

Las Vegas' colorful mayor, Oscar Goodman, wants President Barack Obama to apologize for saying that companies shouldn't visit Las Vegas using tax payers money.

"What's a better place, as I say, than for them to come here," Goodman told KLAS-TV. "And to change their mind and to go someplace else and to cancel _ and at the suggestion of the president of the United States _ that's outrageous."

Submitted by Jagajeet Chiba on, Feb/11/2009

Bernard Madoff Scammed Professional Poker Player

A professional poker player who is in the Poker Hall of Fame is among the thousands of investors who were scammed out of money by con man financial manager Bernard Madoff.

Submitted by Thomas Somach on, Feb/10/2009

California Wants Legislation Making Online Poker Legal

California lawmakers are working to pass a measure that would legalize online poker.  The state, which has been among the hardest hit by the current recession, would welcome some already existing

Submitted by C Costigan on, Feb/10/2009

Las Vegas Deep Discounts Make for an Attractive Vacation Spot

It may seem illogical.  Head to Vegas and spend money gambling, dining, checking out the shows.  But that's what economic stimulus is all about, getting people to spend....just do so wisely.  Du

Submitted by Jagajeet Chiba on, Feb/09/2009

Bookmaker Not Hurt by Recession: Opening 80 More Shops

Paddy Power, Ireland's biggest bookmaker, plans to expand into Scotland with the opening of 80 more shops by 2011 with a stg£16m investment.

Submitted by Jagajeet Chiba on, Feb/09/2009

Online Gambling and the Economy: The Media Stimulus

Throughout these trying times, Gambling911.com will be highlighting ways in which a fully legalized online gambling industry can help to stimulate the U.S.

Submitted by C Costigan on, Feb/08/2009

Michael Phelps Might Need to Become a Poker Pro… Fast!

Olympic gold medalist swimmer, Michael Phelps, was dropped by one sponsor this past week following the fallout of his "marijuana" usage at a party this past fall.

Kellogg Co became the first major consumer firm to terminate an endorsement relationship with Michael Phelps. The world's largest cereal maker said on Thursday it would not extend a contract with Phelps, who won 8 gold medals at the Beijing Olympics last summer.  The company said the Phelps "bong incident" was inconsistent with its public image.

Submitted by C Costigan on, Feb/08/2009

PartyGaming Sees 4th Quarter Results Sluggish

(Reuters) - Online gaming firm PartyGaming (PRTY.L) said on Friday it expects full-year earnings to beat forecasts even as the strong dollar impacted fourth quarter revenue, which fell 18 percent a

Submitted by Guest on, Feb/06/2009

Pennsylvania Wants Video Poker Legalized to Pay for College Tuition

(Associated Press) Gov.

Submitted by Guest on, Feb/05/2009

Bad Beat Poker Jackpots Winning Big in Bad Economy

It turns out that in online poker winning really isn't everything.

Submitted by Jagajeet Chiba on, Feb/05/2009

888 Holdings 4th Quarter Figures Bad, January Good

The online poker craze appears to be going off the boil judging by 888 Holdings's fourth quarter figures, though the online gaming firm said its full-year 2008 earnings should meet

Submitted by Jagajeet Chiba on, Feb/05/2009

Financial Crisis Not Affecting Poker Pro Shannon Shorr

With all this doom and gloom Gambling911.com has been reporting about poker pros in dire straits due to the financial crisis, it's good to see that young ‘em Shannon Shorr may be taking some time

Submitted by Ace King on, Feb/05/2009

World Economic Crisis Digs Deeper Into Poker World?

Gambling911.com has reported in recent weeks on big name poker players who appear to be getting hit by world economic crisis.  Submitted by Ace King on, Feb/04/2009

Super Bowl Betting Down in Vegas: Up Online

The Super Bowl betting numbers are in and the results: A total of $81.5 million was wagered in the state's sports books on Super Bowl XLIII, an 11.5 percent decrease from the game's 2008 handle, ac

Submitted by C Costigan on, Feb/04/2009

Wells Fargo Cancels Trip to Vegas

After intense pressure in the media, Wells Fargo Bank has decided to cancel a highly publicized trip next month to Las Vegas for employees as part of a gambling excursion.  Many charged the financ

Submitted by Jagajeet Chiba on, Feb/04/2009

Barney Frank Agenda Includes Online Gambling

U.S. Rep. Barney Frank, a Massachusetts Democrat and head of the U.S.

Submitted by C Costigan on, Feb/03/2009

Steelers Win and Failure to Cover Best Scenario for Books

"It was the best-case scenario for us to have the Steelers win and not cover," Hilton Sportsbook Director, Jay Kornegay told the Las Vegas Review Journal Monday.

For online sportsbooks, nearly 80 percent of the money line action was on the Arizona Cardinals to win outright.  Betting on the Pittsburgh/Arizona spread was relatively even but for many books, the amount of bets taken favored the Steelers.

Submitted by Jagajeet Chiba on, Feb/03/2009

Rising Poker Star Joins LA Times Business Staff

He finished in 60th place at the World Series of Poker last summer and came in 4th place in September's California State Poker Championship.  Stuart Pfeifer may not be a big

Submitted by Jagajeet Chiba on, Feb/02/2009

Recession Has No Effect on 2009 Super Bowl Betting: Records Broken

There was a bright spot heading into this new week amidst what is otherwise a dark abyss known as the world economic meltdown.  The 2009 Super Bowl has been deemed a success despite an economic re

Submitted by C Costigan on, Feb/02/2009

Super Bowl Gambling Often an Introduction to Online Websites

Sportsbook.com and BetUS.com appear to be reaping the rewards of a mainstream press fixation with Super Bowl gambling.  Both websites offer creative bet options and the necessary means for publici

Submitted by C Costigan on, Jan/31/2009

2009 Super Bowl Betting Not Hurt by Financial Crisis

Slightly more money was brought in on this year's multi-million dollar Super Bowl ad spots than last year, the parties are still taking place and of course 2009 Super Bowl betting will go on as it

Submitted by C Costigan on, Jan/30/2009

Super Bowl Betting in Las Vegas Big as New Year’s Eve

Few events draw bigger crowds to Las Vegas than the Super Bowl and the betting frenzy that coincides with it - not to mention the huge parties.  Celebrities descend upon Vegas in droves this weeke

Submitted by C Costigan on, Jan/30/2009

Betting Market Asks: Davos World Economic Forum Matter?

As business and political moguls hobnob at the five-day Davos junket we will measure whether many of those who presided over blunders in business

Submitted by Guest on, Jan/28/2009

UK Online Gambling Operators: Tax is Horribly Wrong

European online gambling website operators will enjoy a huge advantage over their rivals in the UK according to a report in UK Marketing Week.

Submitted by Jagajeet Chiba on, Jan/28/2009

Financial Crisis Hits Todd Brunson Investments Hard

It never seems to end and some of us here at Gambling911.com have concerns this is just the tip of the iceberg.  Financial problems have reportedly hit the son of poker legend Doyle Brunson.

Submitted by Ace King on, Jan/27/2009

Hilton Las Vegas Hopes Super Bowl Betting Boosts Economy

Hilton sports book executive director Jay Kornegay told the Las Vegas Sun that there are more than 300 such wagers on the Hilton's sheets this year.

Submitted by C Costigan on, Jan/26/2009

Breaking News

5 Brits to Watch at 2017 WSOP

5 Brits to Watch at 2017 WSOP

PokerNews.com suggests there are five British players were should pay special attention to at this year’s World Series of Poker.

No Deal: MGM Not Buying Sands Bethlehem

Rumors have been swirling in recent weeks that the Sands Bethlehem casino could be acquired by MGM. 

Mobster Looking at 7 Years in Prison for Role in Gambling, Extortion Ring

Mobster Looking at 7 Years in Prison for Role in Gambling, Extortion Ring

Vito Badamo, 54, was also charged with peddling drugs like Viagra and Cialis and running loansharking rackets.