Business & Financial

Boycott Papa John’s, Pizza Hut? Is Kentucky Really The Pizza Capital?

One interesting "fact" that has come out of the debacle involving Kentucky's decision to seize 141 online gambling domains, we have discovered that the Kentucky - of all places - is the p

Submitted by C Costigan on, Nov/03/2008

Ron Paul On The Economy And Why The Bailout Was Bad Idea

Gambling911.com Senior Correspondent, Jenny Woo, had a chance to sit down with Republican Congressman, Ron Paul, to discuss his efforts in trying to legalize online gambling.  But Dr.

Submitted by Jenny Woo on, Nov/03/2008

Australia Bookies Not Hurt Yet By Sagging Economy

THE global economic crisis is not preventing Australian punters from having a flutter on the country's biggest horse race, the Melbourne Cup, according to bookmakers who spoke with the Australian n

Submitted by Guest on, Nov/02/2008

Bermuda Mulls Online Gambling Option

The Bermuda government has suggested it is interested in entering the multi billion dollar online gambling industry, but at what price?

Submitted by Jagajeet Chiba on, Oct/30/2008

William Hill Price Cut On Gambling Fears

LONDON (SHARECAST) - Concerns over the future of the highly lucrative fixed-odds betting terminals has contributed to US bank slashing its target price for bookie William Hill.

There is evidence to suggest that the betting terminals are a contributory factor in gambling addiction, and with a Gambling Commission report due to be published next year, Citigroup believes there is a danger they may be banned from betting shops.

The Commission could also contemplate an increase in machine gaming duty.

Submitted by Guest on, Oct/28/2008

The Bet That Blew Up Wall Street

(CBS) The world's financial system teetered on the edge again last week, and anyone with more than a passing interest in their shrinking 401(k) knows it's because of a global credit crisis.

Submitted by Guest on, Oct/27/2008

William Hill Acquiring Parts of Playtech

The United Kingdom's second largest bookmaker, William Hill, is reportedly acquiring parts of online casino software giant Playtech according to Submitted by Jagajeet Chiba on, Oct/20/2008

World Poker Tour In Danger of Being De-Listed from NASDAQ

With the market taking a daily beating due to the global economy roller coaster and the pending US Presidential Election, things are not looking good for the beleaguered stock.

Submitted by Guest on, Oct/20/2008

Financial Gamblers Torn Between DOW Close on Thursday

Slightly more than half of those betting at the online financial prediction market, intrade.com say the DOW will close lower than it did on Wednesday.

Submitted by Jagajeet Chiba on, Oct/16/2008

Wall Street Bailout a “Farce” Says Poker Legend Doyle Brunson

This 700 billion dollar bailout doesn't seem to be changing anything. The stock market keeps going down and banks keep going under. The culprits are being rewarded at the taxpayer's expense.

Submitted by Guest on, Oct/15/2008

Sportingbet Not Affected by Economic Woes: Revenues Up 23 Percent

Online gambling firm, Sportingbet, has witnessed revenues increasing up to 23 percent to the end of July, up to £147 million, driven by its performance in Europe and Australia in particular.

Submitted by C Costigan on, Oct/15/2008

Don’t Forget to Pay Your Taxes!

October 13 was a national holiday in the United States. Banks and schools were closed. The significance of October 13? Columbus Day.

Submitted by Jagajeet Chiba on, Oct/14/2008

Wall Street Out of Coma: Main Street Paralyzed?

Despite Monday morning's slight return of confidence in the financial markets Intrade's Prediction Markets indicate the damage has been done and the U.S. economy is heading towards recession.

Intrade's prediction markets for macroeconomic indicators are currently showing the U.S. is likely to enter a recession before the end of 2009. The only question is when? And could there actually be a depression?

Submitted by Guest on, Oct/14/2008

First Country to Pull Out of the Euro in Next 12 Month

The economy around the world is so bad that the folks from Paddy Power have begun offering bets on the meltdown.

Submitted by Jagajeet Chiba on, Oct/13/2008

West Ham Could be No More Following Iceland Freezing Assets

Iceland invested a great deal across Europe and that nation's economy crashed this past week, culminating with several bank closures.

Submitted by Alistair Prescott on, Oct/12/2008

Prediction Market Gamblers Believe DOW Will Close Lower on Friday

With the Asian markets crashing early on, gamblers at www.intrade.com have been betting at a 60 percent clip or better that the DOW will close down by 2

Submitted by Jagajeet Chiba on, Oct/09/2008

Sheriff Thomas J. Dart Deserves a Medal: Obama Has Chance to Make Difference

Sheriff Thomas J.

Submitted by Payton on, Oct/09/2008

Prediction Market Says Dow to Closer Higher Than on Tuesday

Can things get much worse on Wall Street? Let's hope not.

Submitted by Jagajeet Chiba on, Oct/08/2008

All Eyes on National City Bank Among Prediction Market Bettors

With Wachovia now sold to Citibank and then to Wells Fargo and maybe again to Citibank last week in the never ending drama centering around US banking turmoil, attention is now shifting to the next

Submitted by Jagajeet Chiba on, Oct/06/2008

At least the Wooden Arrow “Bailout” Was Bi-Partisan

The final Bailout plan to save Wall Street - and perhaps the nation - included a substantial amount of fat.

Submitted by Jagajeet Chiba on, Oct/03/2008

British Bookmakers Can Weather Recession

British bookmakers the likes of William Hill, Paddy Power and Ladbrokes have a better chance of weathering a recession.

Submitted by Jagajeet Chiba on, Oct/02/2008

When Shirt Sponsors Go Bust

"Considering the strife of certain top-flight sponsors, have there been any instances of a sponsor leaving a club in the lurch with disastrous consequences?" wondered Mike Hulse, a week o

Submitted by Alistair Prescott on, Oct/01/2008

Prediction Market Gamblers Lose on Wachovia Bet

In the end, over 75 percent of the betting action was going Wachovia's way to fail by December 31, 2008 at online prediction market intrade.com.

Submitted by Jagajeet Chiba on, Sep/29/2008

Wachovia Bank Under Watchful Eye of Prediction Markets

Wachovia Bank suitors are reportedly waiting for a US Government seizure so that they can buy up the best assets and let the government sort out the rest, Submitted by Jagajeet Chiba on, Sep/27/2008

Washington Mutual Finally Fails: Prediction Markets Right

It took a while but the bank atop online prediction market intrade.com most likely to fail, Washington Mutual, finally did.

Submitted by Jagajeet Chiba on, Sep/26/2008

Vice Shares Like Gambling Help to Stimulate the Economy

The portfolio of "unethical" shares which we picked on this week last year has unsurprisingly lost value in the past 12 months, but has beaten the general market, as well as the FTSE For

Submitted by C Costigan on, Sep/25/2008

Cryptologic Predicts Losses of $3.6 Million in Quarter

While long established online gambling software provider, Cryptologic (TSX:CRY) , was anticipating operating losses of $1 million to $1.5 million in the current quarter, the foreign exchange loss w

Submitted by Jagajeet Chiba on, Sep/25/2008

Prediction Market Traders Optimistic Following Bush Bailout Speech

The DOW closing higher Thursday than the previous day had a 62 percent chance of occurring overnight with minimal betting volume taking place at intrade.com

US Government to Approve Financial Bailout at 80 Percent Say Bookies

The online prediction market intrade.com listed the US Congress to approve a government bailout of banks on/before 30 Sep 2008 with an 80 percent chance

Submitted by Jagajeet Chiba on, Sep/24/2008

Paulsen Bailout Plan Highlighted: No Court Review

The Legislative Proposal for Treasury Authority to Purchase Mortgage-Related Assets has been disclosed. Pay special note to Sec. 8. Review below.

(a) Authority to Purchase.--The Secretary is authorized to purchase, and to make and fund commitments to purchase, on such terms and conditions as determined by the Secretary, mortgage-related assets from any financial institution having its headquarters in the United States.

Submitted by Guest on, Sep/23/2008

Breaking News

What You Need In Your Home Office For Successful Bookie Business

Bookmaking is a  profession. It is a work just like any other. You need to take it seriously. If you want real benefits, you need to give it credit. This is even if you are working from home.

Bitcoin: The Basics for Online Poker Affiliates

Bitcoin: The Basics for Online Poker Affiliates

Americas Cardroom answers all the important questions concerning the crypto-currency Bitcoin like What is Bitcoin?, Why use Bitcoin? And How does it work?  All this in an effort to encourage online poker affiliates to use Bitcoin for all their transactions with the long established Internet card room.

Blockchain Announces it Now Supports Bitcoin Cash

At Blockchain, we're passionate about building products you'll love and are always looking for new, meaningful ways to empower you to interact with the digital economy.