Local bookies and agents throughout the world can now offer a Pay Per Head live casino platform.
Business & Financial
With the market taking a daily beating due to the global economy roller coaster and the pending US Presidential Election, things are not looking good for the beleaguered stock.
Slightly more than half of those betting at the online financial prediction market, intrade.com say the DOW will close lower than it did on Wednesday.
This 700 billion dollar bailout doesn't seem to be changing anything. The stock market keeps going down and banks keep going under. The culprits are being rewarded at the taxpayer's expense.
Online gambling firm, Sportingbet, has witnessed revenues increasing up to 23 percent to the end of July, up to £147 million, driven by its performance in Europe and Australia in particular.
October 13 was a national holiday in the United States. Banks and schools were closed. The significance of October 13? Columbus Day.
Despite Monday morning's slight return of confidence in the financial markets Intrade's Prediction Markets indicate the damage has been done and the U.S. economy is heading towards recession.
Intrade's prediction markets for macroeconomic indicators are currently showing the U.S. is likely to enter a recession before the end of 2009. The only question is when? And could there actually be a depression?
The economy around the world is so bad that the folks from Paddy Power have begun offering bets on the meltdown.
Iceland invested a great deal across Europe and that nation's economy crashed this past week, culminating with several bank closures.
With the Asian markets crashing early on, gamblers at www.intrade.com have been betting at a 60 percent clip or better that the DOW will close down by 2
Sheriff Thomas J.
Can things get much worse on Wall Street? Let's hope not.
With Wachovia now sold to Citibank and then to Wells Fargo and maybe again to Citibank last week in the never ending drama centering around US banking turmoil, attention is now shifting to the next
The final Bailout plan to save Wall Street - and perhaps the nation - included a substantial amount of fat.
British bookmakers the likes of William Hill, Paddy Power and Ladbrokes have a better chance of weathering a recession.
"Considering the strife of certain top-flight sponsors, have there been any instances of a sponsor leaving a club in the lurch with disastrous consequences?" wondered Mike Hulse, a week o
Wachovia Bank suitors are reportedly waiting for a US Government seizure so that they can buy up the best assets and let the government sort out the rest, Submitted by Jagajeet Chiba on, Sep/27/2008
It took a while but the bank atop online prediction market intrade.com most likely to fail, Washington Mutual, finally did.
The portfolio of "unethical" shares which we picked on this week last year has unsurprisingly lost value in the past 12 months, but has beaten the general market, as well as the FTSE For
While long established online gambling software provider, Cryptologic (TSX:CRY) , was anticipating operating losses of $1 million to $1.5 million in the current quarter, the foreign exchange loss w
The DOW closing higher Thursday than the previous day had a 62 percent chance of occurring overnight with minimal betting volume taking place at intrade.com
The online prediction market intrade.com listed the US Congress to approve a government bailout of banks on/before 30 Sep 2008 with an 80 percent chance
The Legislative Proposal for Treasury Authority to Purchase Mortgage-Related Assets has been disclosed. Pay special note to Sec. 8. Review below.
(a) Authority to Purchase.--The Secretary is authorized to purchase, and to make and fund commitments to purchase, on such terms and conditions as determined by the Secretary, mortgage-related assets from any financial institution having its headquarters in the United States.
Washington Mutual Inc.
WASHINGTON (Associated Press) - The Federal Reserve said Sunday it had granted a request by the country's last two major investment banks - Goldman Sachs and Morgan Stanley - to change their stat
The Securities and Exchange Commission early Friday imposed a temporary emergency ban on short-selling of financial company stocks, a trading method that bets the stocks will go down.
Financial regulators in the U.S. and U.K., attorneys general in New York, Texas and Connecticut, and the three largest U.S.
Southern Nevadans are panicking and considering extraordinary steps to avoid losing more money in the stock market, real estate and even bank savings accounts, one local banker told the Submitted by Jagajeet Chiba on, Sep/18/2008
This week's Wall Street meltdown could have been just what the doctor ordered for an ailing Barack Obama campaign.
After losing serious ground to Republican John McCain, Obama is now listed back up to -152 odds at Bookmaker.com. Heading into this week, the two candidates were dead even while prediction markets and polls gave McCain a slight edge.
McCain took a hit along with Wall Street it seems.
British online gambling firms rose more than 6 percent in heavy London trading Thursday, an optimistic sign in a troubled economic climate.
Legislators are expected to pass, or kill, dozens of measures dealing with everything from abortion to gambling and the environment.