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Business & Financial
The New York Times was reporting on Sunday that the bankruptcy of Wall Stree
While unrelated to their plight in the US since UIEGA, Party Gaming (who owns Party Poker) has taken the extreme measure of refusing to show up for a court battle against a US-based slot machine ma
Isn't the US already in a recession? Not quite....but almost!
Americans are losing their jobs at a steady clip, Ben Steverman of Business Week reported this week. According to a Labor Dept. report released Sept. 5, the unemployment rate hit 6.1% in August, and U.S. payrolls dropped 84,000-with both numbers worse than economists were expecting.
Despite receiving the most betting volume, the gambling majority does not believe that Wachovia will be closing before the year's end.
PartyGaming, once the largest online poker firm, has announced it will be laying off more than 100 employees in its Gibraltar office.
Southwest Airlines - the official sponsor of the NFL - let the airline industry have it Thursday night with an ad that reinforces the idea that Southwest, unlike most of its competitors, does not c
Anurag Dikshit, with net worth of $1.6 billion, spearheaded the development of technology that helped in the launch of the online poker boom.
Sands head Sheldon Adelson wants to build a Las Vegas in India and why not? With over one billion people, India is the second most populated country in the world outside of China.
Testing System Article - Please Excuse us as we Conduct a Systems Test While Site Remains Online.
First, he has hinted at choosing Florida Governor Charlie Crist as his running mate. Florida likes its Republican Governor, whose own Election Day ads referred to him as a “Ronald Reagan Republican”. Crist hasn’t suffered the backlash brought on by the unpopularity of the current Republican administration.
This is a contest test.
The US dollar this week hit a 6 month high against the euro and it might not be done just yet.
CHICAGO (MarketWatch) -- Dan Ahrens has been on a serious losing streak in Las Vegas but since he always bets on the house, he's confident that his luck will soon change.
Ahrens is manager of the Ladenburg Thalmann Gaming and Casino Fund, which is down more than 40% over the past 12 months as investors sell gambling stocks in the wake of an accelerating decline in visitation and gambling revenue in Sin City and elsewhere.
"The selling has been very overdone," Ahrens said. "Gaming revenues are down somewhat in Vegas but it is far from a ghost town.
Everest Poker's parent company GigaMedia's second-quarter results revealed revenues were up 31% on same period last year to US$52.5m, with operating income growing 18% to US$11.9m.
England's largest bookmaker, Ladbrokes, is said to be considering accepting US poker bets in a move sure to rattle the industry.
Mort Saltzman of the Sacramento Bee on Wednesday warned not to get overly worked up about legalized online poker
A sure sign the US economy is in trouble - Starbucks is closing 600 of 11,168 stores and 16 in Las Vegas alone (10 percent of all Starbucks in Sin City).
Starbucks' surge and contraction mirror the Las Vegas economy, said Keith Schwer, director of the Center for Business and Economic Research at the University of Nevada in Las Vegas. ``We've gone from having a better unemployment situation than the national economy to one that is slightly less.''
A new online bank catering to online gambling enthusiasts has opened and offers fast and secure online money transfer services.
Lots of people use PayPal but the online payment solution seems to care little about customer privacy.
With the Cleveland Cavs looking for another NBA Championship, bookies and would be bookies will want to own their own sportsbook.... and maybe minus all the work.