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Business & Financial
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
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.
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.
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
Here's one advantage the offshore books have over those on the Strip: They can post odds on anything they want to.
Sept. 8 (Bloomberg) -- Australian billionaire James Packer may seek new U.S.
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
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
By Roger Blitz, Financial Times of London
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%.
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
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.
TALK abounds that fallen youthful internet king Daniel Tzvetkoff may be back in business.
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.
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
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.
The British Columbia Lottery Corporation will begin offering its residents a range of online games including blackjack, roulette and poker, via PlayNow.com
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
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
(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.
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.
It seems the World Poker Tour is suddenly a hot commodity.
BetonSports customers can, for the first time, thank the US Government for actually coming through for them.
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.
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.
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.
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.