Business & Financial

Is Harrah’s Buying Planet Hollywood?

The Las Vegas Review Journal is reporting that Harrah's is buying Planet Hollywood, or at least its debt.   Analysts, however, believe that this move could be the precursor to Harrah's outright p

Submitted by Jagajeet Chiba on, Sep/15/2009

IAS Becomes Part of Paddy Power

A meeting of shareholders in betting company International All Sports yesterday approved a takeover offer from rival Sportsbet and its majority owner, Ireland's Paddy Power.

Submitted by Guest on, Sep/14/2009

888.com Enters Into Deal With Harrah’s

Sept. 11 (Bloomberg) -- 888 Holdings Plc rose the most since May in London trading after signing a contract with a unit of Harrah's Entertainment Inc.

Submitted by Guest on, Sep/11/2009

Can’t Bet Canbet Closes Accounts Over Shared Environments

Many people bet from the same household, dormitory, Internet café, office.  The online gambling website, Canbet.com, may have gone over the top recently when it comes to these so-called "sha

Submitted by Jagajeet Chiba on, Sep/10/2009

Online Sportsbooks Have Edge Over Vegas

Here's one advantage the offshore books have over those on the Strip: They can post odds on anything they want to.

Submitted by Guest on, Sep/08/2009

Online Gambling Bank to Shut Down?

eGaming Review Magazine is reporting that Ivobank, which deals exclusively with the online gambling sector in Europe, has begun refusing new customers amid

Submitted by C Costigan on, Sep/08/2009

Packer May Target U.S. Casino Assets, Citigroup Says

Sept. 8 (Bloomberg) -- Australian billionaire James Packer may seek new U.S.

Submitted by Guest on, Sep/08/2009

Luck Runs Out on Vegas Boom

Michael A. Hiltzik and Ashley Powers, Los Angeles Times Staff Writers

Submitted by Guest on, Sep/08/2009

Bwin Shares Rise With Move Into Italy

VIENNA, Sept 7 (Reuters) - Austrian Internet betting and gambling operator bwin's plans to raise its market share in the Italian online poker market with an acquisition was cheered by analysts and

Submitted by Guest on, Sep/08/2009

College Football Betting: Bookies Make Out Like Bandits

In what was arguably the best showing for online bookmakers and the Vegas shops of any College Football season opener, the public lost nearly every game this past weekend.   The carnage was enoug

Submitted by C Costigan on, Sep/07/2009

William Hill Joint Venture Back on Track

By Roger Blitz, Financial Times of London

Submitted by Guest on, Sep/04/2009

Playtech posts 33% rise in H1 EBITDA

LONDON (SHARECAST) - Online gaming technology developer Playtech reported a 33% increase in half year EBITDA as it increases its dividend for the period by 17%.

Submitted by Guest on, Sep/03/2009

Smart Live Affiliates No More As They Cut Off Relationship

Yet another online gambling affiliate program has cut ties with its affiliate partners and Gambling911.com now fears this will turn into a growing trend unless there is a cohesive effort to stop th

Submitted by Jagajeet Chiba on, Sep/01/2009

Daniel Tzvetkoff Running Payovation?

Fresh off his stint scamming numerous online gambling companies, Gambling911.com is now learning that Daniel Tzvetkoff is reportedly running a new online payment solutions company, Payovation.

Submitted by C Costigan on, Aug/31/2009

Online Gambling: Daniel Tzvetkoff Back in Business?

TALK abounds that fallen youthful internet king Daniel Tzvetkoff may be back in business.

Submitted by Guest on, Aug/31/2009

PartyGaming Claims US Legal Issues Gave It Advantage

PartyGaming's settlement of its US liabilities has given it an advantage over rivals in the consolidation of the online gambling market, according to Jim Ryan, chief executive.

The operator of PartyPoker followed up its $105m (£64.4m) settlement with the US Department of Justice in April with a £72m cash purchase in July of online bingo website Cashcade from Independent News & Media, beating a bid from 888. It paid £12.3m for the World Poker Tour.

Submitted by Guest on, Aug/30/2009

PartyGaming First Year Revenues Drop

LONDON (Reuters) - Online gambling group PartyGaming (PRTY.L: Quote, Profile, Research) said first-half revenue fell a fifth due to adverse currency movements, competitive pressures and the consume

Submitted by Guest on, Aug/28/2009

PokerStars - Revision

ISLE OF MAN, UK, AUGUST 26, 2009 - A number of recent commentaries have included estimates about our market share in the US which are significantly wrong.

Submitted by Guest on, Aug/26/2009

PKR Poker Affiliates Fear The Worst

I run the media, publicity and portal development company, Media Man

Submitted by Guest on, Aug/26/2009

Canada to Offer Legal Online Casino Gambling

The British Columbia Lottery Corporation will begin offering its residents a range of online games including blackjack, roulette and poker, via PlayNow.com

Over 30 Microgaming Online Poker Skins Liquidated

Online gambling and poker software company, Microgaming, once had a stellar reputation.  They are still a respected firm for the most part, but this year has been especially tough on the group beg

Submitted by C Costigan on, Aug/24/2009

PartyGaming to Buy Most of WPT's Assets

PartyGaming PLC (PRTY.LN) has agreed to acquiring nearly all of WPT Enterprises Inc.'s (WPTE) operating assets, ending a buyout deal the operator of the World Poker Tour had with an investment grop

Submitted by Guest on, Aug/24/2009

Betfair Considers $2.5 Billion IPO

(Bloomberg) -- Betfair Ltd. is considering a 1.5 billion-pound ($2.5 billion) initial public offering, the Sunday Telegraph reported, without citing anyone.

Founders Andrew Black and Edward Wray, who will meet banking advisers over the coming weeks, reconsidered their position on a potential IPO following continued strength in global equity markets, the newspaper said. Betfair declined to comment, according to the Sunday Telegraph.

Submitted by Guest on, Aug/24/2009

MGM Mirage and Chinese Organized Crime

The Daily News has reported that one of six bidders to run a Las Vegas-style video slots emporium in Queens has ties to Chinese organized crime.

Submitted by Jagajeet Chiba on, Aug/24/2009

World Poker Tour Receives Alternative Offer

It seems the World Poker Tour is suddenly a hot commodity.

Submitted by Guest on, Aug/21/2009

BetonSports Customers Finally to Get Paid After 3 Year Wait

BetonSports customers can, for the first time, thank the US Government for actually coming through for them.

Submitted by C Costigan on, Aug/18/2009

Online Poker Traffic Continues to Rise: Cereus Back in 6th

The online poker traffic monitoring website, PokerSiteScout.com, reports that there has been an overall rise of 2 percent in number of "real cash" players at the Internet poker rooms.

Submitted by Guest on, Aug/18/2009

Ladbrokes Inks Deal With Cryptologic

Monday, CryptoLogic Ltd.

Submitted by Guest on, Aug/17/2009

Electronic Media, Blogs Big Win With Court Ruling

The Honorable Judge Laura Taylor Swain handed down her decision in the New York Circuit Court Tuesday declaring that the US Government was not entitled to withhold information from electronic media news sites related to sealed indictments.  Her ruling is significant for all online media outlets whether it be the Huffington Post, The Daily Beast, Perez Hilton or TMZ.com.

Submitted by Jagajeet Chiba on, Aug/12/2009

Trump Casinos Post $443 Million Loss

Donald Wittkowski, Press of Atlantic City

ATLANTIC CITY - Trump Entertainment Resorts Inc., currently in the midst of an ownership fight between Donald Trump and corporate bondholders, fell to a huge loss in the second quarter, reflecting the lower value of two of its three casinos.

The company reported a net loss of $443.1 million, or $13.97 per share, compared to a net loss of $29.8 million, or 94 cents per share, in the same quarter last year.

Submitted by Guest on, Aug/11/2009

Breaking News

3 Important Things To Consider Before Launching Your Pay Per Head Site

3 Important Things To Consider Before Launching Your Pay Per Head Site

By virtue, if a website is impressive from its looks, it will attract many viewers out there.

Essentials for Building an Online Casino

Essentials for Building an Online Casino

From the time, the first online casino software was introduced, it has steadily grown into one of the most sought-after products by agents and players alike.

Why Should I Use Pay Per Head Online Bookie Software?

Why Should I Use Pay Per Head Online Bookie Software?

Many local bookmakers wonder why they should pay for price per head software.

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