Business & Financial

Las Vegas in India Courtesy of Las Vegas Sands

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.

Submitted by Jagajeet Chiba on, Aug/30/2008 Test Article

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.

Submitted by C Costigan on, Aug/28/2008

Stronger Dollar Could Rally Economy: Gambling Affiliates Worry

The US dollar this week hit a 6 month high against the euro and it might not be done just yet.

Submitted by Jagajeet Chiba on, Aug/28/2008

MarketWatch: Gaming-Fund Manager on MGM, Scientific Games, Gigamedia

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.

Submitted by Guest on, Aug/22/2008

Everest Poker Revenues Way Up for Parent Company

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.

Submitted by C Costigan on, Aug/13/2008

Ladbrokes Prepared to Accept US Poker Bets Says Managing Director

England's largest bookmaker, Ladbrokes, is said to be considering accepting US poker bets in a move sure to rattle the industry.

Submitted by C Costigan on, Aug/07/2008

William Hill Hit by High Taxes in Great Britain

Submitted by Guest on, Jul/31/2008

Starbucks Closes 16 Starbucks in Las Vegas

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.''

Submitted by Jagajeet Chiba on, Jul/31/2008

New Bank for Online Gamblers: Ivobank Backed by Powerful Family

A new online bank catering to online gambling enthusiasts has opened and offers fast and secure online money transfer services.

Submitted by Guest on, Jul/29/2008

PayPal Sharing Customer Information With Government

Lots of people use PayPal but the online payment solution seems to care little about customer privacy.

Submitted by Jagajeet Chiba on, Jul/28/2008

The Ron Paul Resurgence: Major Convention Upcoming

Submitted by C Costigan on, Jul/28/2008

€4m payout on Padraig Harrington!

Submitted by C Costigan on, Jul/21/2008

The US Economy in Dire Straits: Vegas Not Immune

Submitted by C Costigan on, Jul/21/2008

BankUnited, Downey Financial Getting Hammered by Gamblers

Submitted by Jagajeet Chiba on, Jul/17/2008

UBS Cuts Offshore Banking for US Citizens

The Wall Street Journal reports that UBS will close private-banking operations for U.S. clients:

Submitted by Guest on, Jul/17/2008

Cracking Down on Tax Evaders: Feds Cracking Down Hard

Submitted by Guest on, Jul/17/2008

Virgin Stripping: Mobile Company Asks Teen Girls to Take Clothes Off

Virgin Mobile is asking teens to take off their clothes and strip in front of the camera then submit the videos for public airing.

Oh, but it's all in the name of charity.

They asked kids to post videos of themselves stripping to music. In exchange, clothing companies would provide donations of new clothes based on the number of times the videos were viewed. Called "Strip2Clothe," the campaign carries the tagline, "You take off yours, we donate ours."

Submitted by Payton on, Jul/16/2008

Intrade Adds Wachovia to Bank Closure Options

The online predictions market - Intrade - which is based out of Dublin, Ireland and takes bets from US citizens, today added Wachovia Bank to its growing list of banks with odds of closing.

Submitted by C Costigan on, Jul/16/2008

US Banks to Fail: Prediction Market Lists Odds

Online gambling site Intrade had posted odds for a handful of US bank failure possibilities Tuesday, with very few bidders thus far.

Submitted by C Costigan on, Jul/15/2008

Which Bank Will Fail Next? Oddsmakers Ponder the Question

Submitted by C Costigan on, Jul/14/2008

Starbucks Doesn't Buck Trend: GM Sinks to Lowest Levels Since 1954

A recession is brewing. Coffee at more than 600 Starbucks stores will stop being brewed as a result.

Submitted by C Costigan on, Jul/04/2008

Breaking News

Gaming Hall of Fame Announces Class of 2017

Gaming Hall of Fame Announces Class of 2017

The American Gaming Association (AGA) announced the four honorees who will be inducted into the Gaming Hall of Fame’s Class of 2017.

Billiard Hall Charged With Teaching Youths How to Play Poker

Billiard Hall Charged With Teaching Youths How to Play Poker

Sharky’s Arcade and Billiard Hall in McClure, PA has been cited for teaching youngsters how to play the game of poker.

Turkey Tightens Screws on International Web Gambling Sites

Turkey Tightens Screws on International Web Gambling Sites

Turkey’s finance minister says he hopes to seize as much money as he can from unauthorized online gambling operators serving Turkish punter

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