Business & Financial

Steve Wynn Divorce Among Most Expensive

Steve Wynn's $1 billion divoce may be the most expensive ever, at least according to Wynn.  He and his wife Elaine split their 38 percent stake in Wynn Resorts Ltd.  Elaine walked away with $955

Submitted by Guest on, Apr/15/2010

Betfair Closer to IPO

We haven't seen many IPOs in the online gambling sector in recent years.  That may be about to chance as Betfair reportedly prepares to go public.

Betfair has hired Morgan Stanley director Mark Brooker as head of strategy, according to EGR Magazine. It is the first in a series of anticipated moves prior to the potential £1.5bn flotation.

Submitted by Alistair Prescott on, Apr/15/2010

Donald Trump Gains Control of Casinos

Donald J. Trump is hoping the third time will be the charm.

As it prepares to exit bankruptcy court for the third time, Trump Entertainment Resorts and its three Atlantic City casinos will be under the control of Mr. Trump and bondholders after a court ruling on Monday.

Submitted by Guest on, Apr/13/2010

Tiger Woods Return Great for Sportsbooks

LAS VEGAS -- Tiger Woods' comeback to golf has not only been good for ratings, but it's also a big hit with Las Vegas sportsbooks.

Submitted by Guest on, Apr/11/2010

Crown Casino Faced With Bad PR as Key Event Approaches

In the land "down under" sometimes hard news is kept quite for a while, but invariably the cat gets out of the bag.

Submitted by Greg Tingle on, Apr/11/2010

Betting on 2010 Masters Breaks Records

Betting on the 2010 Masters traffic has been brisk at Gambling911.com, though it can hardly be seen as rivaling that of the Super Bowl or Oscars (or the upcoming Kentucky Derby for that matter). 

Submitted by Dan Shapiro on, Apr/10/2010

Cake Poker Network Launches Three New Partner Sites

Popular poker aggregator Cake Network announces three new sites that have joined the Network - JuicyStakes, BeteXpress, and KakuyPoker.

JuicyStakes (juicystakes.com), a casino site popular for its retro design styling and it's unique and copious player promotions, is adding poker to their offerings by joining the Cake Network.

Submitted by Guest on, Apr/08/2010

Wynn Terminates Philadelphia Deal

A Foxwoods Casino in Philadelphia?  It's not happening.  At least Wynn will no longer be part of the project.

Wynn Resorts, Limited (NASDAQ: WYNN) announced Thursday that Development Associates, LLC, and certain other of its wholly owned subsidiaries have terminated all agreements and negotiations with respect to a potential investment in the Foxwoods Casino project in Philadelphia, PA.

Submitted by Guest on, Apr/08/2010

Crown Casino Ready for War with Sydney’s Star City

Casino wars are about to explode down under between Sydney (The Blues) and Melbournites (Melbourne).

Submitted by Greg Tingle on, Apr/07/2010

Online Poker Continues to Grow at Healthy Pace

The worldwide online poker market continues to grow at a healthy but unspectacular pace.

Submitted by Ace King on, Apr/05/2010

World Series of Poker Being Sued by Everest Poker

Everest Poker, an online poker venture, is suing to get out of a $22.5 million sponsorship deal with the World Series of Poker (WSOP). 

A lawsuit was filed in federal court in Las Vegas on Thursday by Ultra Internet Media S.A. against the Harrah's Entertainment Inc. subsidiary that owns the World Series of Poker.  Ultra is saying they are incorporated under the laws of Nevis, West Indies.

Submitted by Ace King on, Apr/05/2010

Frank Sinatra Former Casino Latest Vegas Fatality

The roulette wheel has stopped spinning and there is no more blackjack at Frank Sinatra's former casino.

Submitted by Guest on, Apr/01/2010

William Hill Looks to Boost Market Share: Don’t Hold Your Breath

The UK's second largest bookmaker, William Hill, is looking to increase its marketing share by hiring a new advertising agency, The Bank

Submitted by Jagajeet Chiba on, Apr/01/2010

Ladbrokes Online Casino Affiliate Program to Withhold Funds

Casino Affiliate Programs April Fools WTF Awards: Ladbrokes "Income Access"

Submitted by Greg Tingle on, Mar/31/2010

Macau Murder for Hire Tie-ing Las Vegas Sands

Reuters was revealed on Wednesday (local time) the ties to casino gambling in Macau and the underworld of organized crime which threatens to place the Las Vegas Sands in jeopardy. 

Submitted by Alejandro Botticelli on, Mar/30/2010

Ladbrokes to Hire Top Vet

Ladbrokes, the UK's largest bookmaker, is poised to hire Richard Glynn, chairman of Sporting Index, the spread betting group, as its new chief executive.

Submitted by Guest on, Mar/28/2010

888.com in Breach of Gambling Act? Goes Off Line

Australia's communication's watchdog is investigating 888.com for an apparent breach of the integrated gambling act.

Submitted by Jagajeet Chiba on, Mar/23/2010

Macau March Gambling Revenue on Track

(Reuters) - Gambling revenue in Macau reached close to HK$13 billion ($1.68 billion) for the first three weeks of March, on track for a monthly record, underscoring sustained growth in the world's

Submitted by Guest on, Mar/23/2010

Casino And Adult Entrepreneur Cleared Of Insider Trading

Australians continue to maintain their "Underbelly" like status on a national and international scale.

Submitted by Greg Tingle on, Mar/23/2010

Visitors are spending less in Las Vegas

LAS VEGAS (AP) - A report finds that Las Vegas visitors spent an average of more than $50 less on gambling in 2009 than the year before.

Submitted by Guest on, Mar/23/2010

New Bill Allows Licensed AC Casinos To Offer Online Gambling

Sponsored by:

Assemblyman  JOHN J. BURZICHELLI

District 3 (Salem, Cumberland and Gloucester)

 

Submitted by Guest on, Mar/23/2010

Messing With Perfection in NCAA Tournament

(Associated Press) - They've floated the trial balloons and watched as they were punctured one by one.

Submitted by Guest on, Mar/22/2010

British Bookmakers Victorious Last Week

The British bookmakers breathed a respective sigh of relief this past week and were £45million richer thanks to Cheltenham and odds-on Kauto Star tumbled out of the Gold Cup.

Submitted by C Costigan on, Mar/22/2010

Virgin Games Hunts for New Ad Agency

LONDON - Virgin Games is on the hunt for an agency to handle its UK advertising business

Submitted by Guest on, Mar/20/2010

World Sports Exchange, Jay Cohen Image Tarnished

The once proud World Sports Exchange (WSEX.com), founded in 1996, has fallen on bad times and co-founder Jay Cohen hasn't said much about the matter.

Submitted by C Costigan on, Mar/18/2010

Gambling: MGM Partner Said to Have Organized Crime Ties

The MGM Mirage is trying to sever its ties with MGM Grand Macau, claiming that the later's co-owner, Patsy Ho, is "financially dependent on her father, casino magnate Stanley Ho."  Addit

Submitted by Alejandro Botticelli on, Mar/18/2010

March Madness 2010 Record Viewers, Bets Expected

CBS is expecting record number of viewers as the Men's NCAA College Basketball Round One games kick off Thursday and March Madness 2010 gets underway in full force.

Submitted by C Costigan on, Mar/17/2010

Playtech Helped by William Hill

Online casino software powerhouse Playtech reported a 70 per cent rise in full-year profits, boosted by its joint venture with the United Kingdom's second largest bookmaker, William Hill.

Submitted by Guest on, Mar/17/2010

New Jersey Spending Cuts: Bring on Legalized Sports Betting

With New Jersey Governor Chris Christie proposing deep spending cuts, the subject of legalized sports betting once more comes to the forefront. 

Submitted by Alejandro Botticelli on, Mar/17/2010

March Madness Office Pools Costs Employers $1.8 Billion

Most work places this week have partaken in the annual ritual of setting up March Madness office pools while the more savvy employee uses his or her Web-enabled phone to Submitted by Alejandro Botticelli on, Mar/17/2010

Breaking News

Where Can I Find The Best Sportsbook Betting Management System?

Where Can I Find The Best Sportsbook Betting Management System?

To be successful in online bookie business, you need very elaborate and powerful bookie management system. A recent survey conducted by gaming experts found out that Premier per head bookie betting management system is the best.

Wayne Allyn Root Prediction: ‘US Supreme Court Will Rule in Favor of Sports Betting’

Wayne Allyn Root Prediction: ‘US Supreme Court Will Rule in Favor of Sports Betting’

Conservative radio host Wayne Allyn Root predicts that the US Supreme Court will ultimately allow legalized sports betting when they present their final decision some time next spring or summer.

Jennifer Tilly Home Spared Following Fire Evacuation

Jennifer Tilly Home Spared Following Fire Evacuation

Hollywood star and professional poker player Jennifer Tilly confirmed this weekend that her home had been spared by the Skirball Fire that burned 475 acres (1.92 km2), and forced the closure of the 405 Freeway through the Sepulveda Pass near Los Angeles.