Business & Financial

Dollarization in Costa Rica? Good Bye Beloved Colon

The online gambling hotbed of Costa Rica may want to consider abandoning its much beloved colon in favor of the US Dollar. 

Submitted by Alejandro Botticelli on, Mar/17/2010

Carbon Poker Loses Half Its Customers in 6 Months

According to the PokerSiteScout.com website, Carbon Poker's "real cash" customers have been cut in h

Submitted by Ace King on, Mar/12/2010

Nevada May Want To Cut Off WSOP Online Poker Sponsors

The World Series of Poker may find itself in yet another setback.  Following legislation passed in October 2006 that essentially made it illegal (or at least difficult) for banks to transfer funds

Submitted by Patrick Flanigan on, Mar/12/2010

Ladbrokes Limits Players Bets to 1 Euro Max

If you win, you're limits often get cut, especially at the European online sportsbooks.  Just ask one poor customer of Ladbrokes.  Submitted by Jagajeet Chiba on, Mar/12/2010

MGM To Leave Atlantic City Over Questions About Ho

ATLANTIC CITY, N.J.

Submitted by Guest on, Mar/12/2010

Betfair US Boss Gerard Cunningham Out

eGaming Review Magazine is reporting that Betfair US Head Submitted by Guest on, Mar/12/2010

Many Online Poker Rooms Are Springing Up in US

Gambling911.com last month told its readers about a pair of online poker rooms that are operating legally from the U.S.

Submitted by Thomas Somach on, Mar/09/2010

Merge Poker Signs on Yet Another Online Poker Room

Merge Gaming today announced that PokerHost.com, has joined one of the fastest growing poker networks in the world.

Submitted by Guest on, Mar/08/2010

Tiger Woods Camp Rejects Online Gambling Offer

Following recent international media coverage of Paddy Power's negotiations with IMG to sponsor Tiger Woods, the company confirms that its initial offer cov

Submitted by Jagajeet Chiba on, Mar/05/2010

Sands Singapore to Open Next Month

SINGAPORE - US gaming giant Las Vegas Sands said on February 24 its casino project in Singapore will open on April 27, months behind the original schedule of late 2009.

Submitted by Guest on, Mar/04/2010

Carl Icahn Takes Over Tropicana Atlantic City

(Reuters) - Billionaire investor Carl Icahn has regulatory approval to own the Tropicana Casino Resort in Atlantic City, the New Jersey Casino Control Commission said on Wednesday.

Submitted by Guest on, Mar/04/2010

PartyGaming The Latest to Report Poor 2009 Showing

With Sportingbet a bit of an exception to the rule, online poker's 4th largest network, PartGaming, reported a poor showing in 2009 with numbers down to $135.0 million from $144.2 millio

Submitted by Jagajeet Chiba on, Mar/04/2010

The Rise and Near Fall of World Sports Exchange (WSEX.com)

What used to be one of the most trusted and reliable online sportsbooks, World Sports Exchange (WSEX.com), has been getting hammered over the past 6 months by the folks at Submitted by C Costigan on, Mar/03/2010

10-Year Old Goldbet Joins Microgaming Online Poker

The Goldbet online gambling group, in operation now since 2000, have selected Microgaming as its new network for allowing customers to play online poker.  The Austrian bookmaker uses proprietary s

Submitted by Jagajeet Chiba on, Mar/03/2010

Sportingbet Reports Good News in Online Gambling Sector

With a number of bookmakers reporting poor showings in recent days, Sportingbet has provided a ray of hope on Wednesday.

Submitted by Jagajeet Chiba on, Mar/03/2010

Sands China Revenue up 22 Percent

March 2 (Bloomberg) -- Sands China Ltd., Asia's biggest listed casino operator, said profit rose 22 percent last year as Macau visitors gambled more on card games and slot machines.

Net income increased to $213.8 million from $175.7 million a year earlier, Sands China, which has the second-biggest market share among Macau casinos, said in a statement to Hong Kong's stock exchange today. That compared with the $225 million mean estimate of four analysts surveyed by Bloomberg.

Submitted by Guest on, Mar/02/2010

2009 Bad Year for Bookmakers: Paddy Power Down

Paddy Power is the latest bookmaker to show a slide in profits for 2009, following Ladbrokes a 2

William Hill Sees Challenging 2010

By KATHY GORDON, WSJ.com

LONDON-U.K. betting group William Hill PLC Friday posted a 7% drop in full year profit, slightly ahead of guidance provided in January, and said its 2010 expectations are unchanged as the unusually severe winter weather in the U.K. in January only pushed revenue down 0.6% in the first seven weeks of 2010.

Submitted by Guest on, Mar/01/2010

More Consolidation in Online Gambling Sector

Two more online gambling ventures have been taken over by stronger firms this past week.

Submitted by C Costigan on, Feb/27/2010

Virgin Group May Move Into US Online Gambling Market

The Virgin Group continues to expand on the online gambling front as they seek investors to help the company move into newly open markets, according to a report filed by Submitted by C Costigan on, Feb/27/2010

NASCAR Betting and Danica Patrick

Both the online sportsbooks and Las Vegas establishments are counting on NASCAR betting, and to fuel those bets they are hopeful that Danica Patrick will at some point begin to make an impact.  To

Submitted by Dan Shapiro on, Feb/26/2010

Gambling in Hawaii: Wipe Out

Carrie Stroup sadly packed her bags last night, as a move to legalize casino gambling at the Hawaii Legislature this session is now dead.

Submitted by Payton on, Feb/26/2010

Olympic Men’s Hockey Championship: A Bookie's Dream

Most of the online bookies have a tough time getting aroused even after overdosing on Viagra.  But this week, USA vs.

Submitted by Ean Lamb on, Feb/25/2010

Rank Urges Treasury to Create Flat Gambling Tax

Submitted by Guest on, Feb/25/2010

Alabama Baptists and Casino Supporters Clash

Anti-gambling leaders had their work cut out for them to speak over an unruly crowd at a rally held Feb. 23 on the steps of the Statehouse.

Submitted by Payton on, Feb/24/2010

Ontario Considers State-Sponsored Internet gambling

TORONTO - Ontario will consider state-sponsored Internet gambling, Premier Dalton McGuinty said Tuesday, days after the provincial gaming agency said it is looking at taking a cut from the online p

Submitted by Payton on, Feb/24/2010

Sportsbook .com Moves to Merge: 6 Times Growth Expected

The Merge Poker Network just received a serious injection to help in its aggressive growth plans.   Submitted by C Costigan on, Feb/22/2010

Bing, Yahoo Deal Should Help Online Gambling Sector

Search has helped build the online gambling industry from all the way back when now defunct BetOnSports would bid on the best terms at Go.com to now where a coveted top 3 spot on the first page of

Submitted by C Costigan on, Feb/18/2010

America: A Big Fat Greek Tragedy

Wayne Allyn Root, the 2008 Libertarian Vice Presidential nominee and frequent contributor to the Gambling911.com website, will be appearing on Fox News Friday.

Submitted by Wayne Allyn Root on, Feb/18/2010

Breaking News

North Korea Legalizes Gambling on Horses to Help Mitigate Sanctions Pain

North Korea Legalizes Gambling on Horses to Help Mitigate Sanctions Pain

Per North Korea’s KCNA news agency, races called the "Autumn Race-Goers Games" were held Sunday at the Mirim Riding Club

Selbst to Matusow:  ‘You are a Pathetic Human Being’ Over Weistein Support

Selbst to Matusow: ‘You are a Pathetic Human Being’ Over Weistein Support

Matusow tweet seems to suggest doing sexual favors in Hollywood was common knowledge

Genovese Mobster Charged Last Year for Illegal Bookmaking Now Indicted on Tax Fraud

Genovese Mobster Charged Last Year for Illegal Bookmaking Now Indicted on Tax Fraud

Genovese Mobster Salvatore DeMeo has bee indicted on tax fraud charges and is accused of cheating the IRS out of $365,000 in taxes.

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