Gambling Companies

Gambling Companies, Gambling Stocks

Ladbrokes Begins Search for New CEO

(Reuters) - British bookmaker Ladbrokes (LAD.L) said it would replace under-pressure chief executive Richard Glynn after five years in charge, seeking a new leader to help strengthen its online operations.

Shares in Ladbrokes traded almost two percent higher at 9.20 a.m. on Wednesday, reflecting hopes that the change would enable the company to close the gap on market leader William Hill (WMH.L) and compete better in the growing online sector.

Submitted by Reuters on, Dec/03/2014

DraftKings.com Enters Into Partnership With Dreadful Winless 76ers

The Philadelphia 76ers have entered into a partnership arrangement with Daily Fantasy Sports behemoth Draftkings.com.  The Boston-based fantasy company already has a partnership arrangement with the New England Patriots but the 76ers represent their first NBA deal.  Claim Your FREE $250 Here (use bonus code

Submitted by Tyrone Black on, Dec/02/2014

Betfair Dumps Online Poker in New Jersey: Will Continue to Offer Casino Games

A second online gambling firm in New Jersey has shut down its poker room in so many weeks.  Betfair follows UltimatePoker, which pulled out of the state entirely in October.  Betfair has vowed to continue offering Internet casino games such as blackjack and slots.

A Betfair representative confirmed the closure of its online poker room to the website USPoker.com Tuesday morning.

From USPoker.com:

Submitted by Aaron Goldstein on, Dec/02/2014

Những người ghi cá độ trong vùng San Diego cho người Việt Nam

Có rất nhiều người ghi cá độ nói tiếng Việt trong vùng San Diego cũng như có nhiều trung tâm chăm sóc khách hàng đã chuẩn bị để xử lý kinh doanh cho họ. PayPerHeadAgents.com là một doanh nghiệp Trả Theo Đầu Người như thế.

Submitted by Minh Nguyen on, Dec/02/2014

3-Time Cy Young Winner Clayton Kershaw Signs on With FantasyDraft

3-time Cy Young winner LA Dodgers pitcher Clayton Kershaw has signed on to represent FantasyDraft.com, a new Daily Fantasy Sports website.

Submitted by Tyrone Black on, Dec/02/2014

Yahoo Shuts Down Its Online Poker Room After Only One Month

Yahoo has taken the drastic step of shutting down its online poker room after launching just one month ago. The company cited security concerns in its decision.  Yahoo Poker will be closed effective December 31.

Submitted by Ace King on, Dec/01/2014

Do Sports Bettors Convert Into Daily Fantasy Sports Players and Vice Versa?

For those of you wondering whether a sports bettor can be converted into a fantasy player, the answer to this question is a resounding YES.

The same has not always held true for season long fantasy leagues, however, as online sportsbooks trying to capture that market have learned in past years.

Submitted by Tyrone Black on, Dec/01/2014

Hustler Wants to be First Strip Club With Sportsbook: Free Lap Dances for Winners

The Hustler strip club, founded by infamous publisher and porn peddler Larry Flynt, has filed an application with the Nevada Gaming Commission to become the first strip club offering a sportsbook. Claim Your FREE $250 Here (use bonus code G911).

Submitted by Jagajeet Chiba on, Dec/01/2014

Isle of Man Issues Statement on UK’s Point of Consumption Tax

In response to the introduction of Point of Consumption tax on Monday 1st December 2014, please find the below statement from Peter Greenhill, head of e-gaming for the Isle of Man Department of Economic Development:

Submitted by Press Release on, Dec/01/2014

Canada Foreign Online Gambling Licenses Could Be Coming Soon

In Canada, all online gambling issues are handled on the provincial level. What this means is that the federal government doesn't have much say in what goes on, and as an industry, the goal is to use it to pad provincial revenue figures. One problem with this approach is that foreign operators who are not licensed by the provinces and who are not paying provincial taxes are able to operate more or less freely while the province-operated games suffer.

Submitted by Payton on, Dec/01/2014

Japan Gambling Bill fails

A bill that would have legalized casino gambling in Japan recently died when Prime Minister Shinzo Abe dissolved parliament to call a snap election.

Submitted by Payton on, Dec/01/2014

From Poker Player to Bitcoin Miner: Chris McAlary Talks Coin Cloud ATM

Chris McAlary tells CalvinAyre.com he decided to start the Bitcoin mining website Coin Cloud ATM following the events of April 15, 2011 in which three of the world’s largest online poker sites were forced to make abrupt exits from the US market, a result of indictments leveled against several key executives from each company.

Submitted by Aaron Goldstein on, Nov/30/2014

Americas Cardroom to Implement Bitcoin Withdrawals Next Week

Americas Cardroom CEO Phil Nagy confirmed Wednesday evening that the popular online poker room plans to roll out its Bitcoin withdrawal platform some time during the first week of December (an exact date was not immediately known).

“We were working on this today and should have the withdrawal functionality ready by next week,” Nagy said during a four hour live streaming Q&A format broadcast on Gambling911.com Wednesday evening.

Submitted by Ace King on, Nov/27/2014

Victoria Coren Leaves PokerStars: Cites Move Away From Poker

Female poker pro Victoria Coren-Mitchell has announced she is leaving Team PokerStars.  Her reason: They are adding an online casino and that goes against her beliefs.

“PokerStars.com announced that it will be rolling out online casino gaming alongside its internet poker,” Coren-Mitchell wrote on her blog.  “As a result, on Saturday morning, I terminated my endorsement contract with them.

Submitted by Ace King on, Nov/26/2014

Bozo The Clown Sidekick May be the Man to Save the Taj Mahal

Magician Herbert L. Becker, a one time sidekick to the famed clown Bozo, may be the one to save Taj Mahal. 

Submitted by Aaron Goldstein on, Nov/26/2014

Last Minute Reprieve for Taj Mahal as Icahn Ready to Make Union Concessions

Carl Icahn, the Taj Mahal’s largest debtholder, has decided to make some concessions to unions after all.

BetOnline

Submitted by Aaron Goldstein on, Nov/24/2014

Caesars Receives Notice of Default From UMB Bank

Caesars Entertainment Corp. said on Monday that its main operating unit received a notice of default from UMB Bank last week at a time when the gambling firm is seeking creditor approval for a potential real estate investment trust plan.  Caesars called the UMB claims “meritless”.

BetOnline

Submitted by Aaron Goldstein on, Nov/24/2014

DraftKings Outage Could Not Have Come at Worst Possible Time: Refunds Promised

One of the world’s largest daily fantasy sports sites, Draftkings.com, experienced a disastrous power outage on Sunday during Week 12 of the NFL.  The company is expected to lose hundreds of thousands of dollars as a result.  Worse still, Draftkings.com advertised throughout Sunday’s NFL games.

The issues were deemed as “Connectivity Issues” apparently starting just minutes before the early afternoon games.

Submitted by C Costigan on, Nov/23/2014

Fanduel Joins Forces With Lakers, Draftkings the Broncos and PlayMLF Golden State

It’s been an active week for the fantasy sites teaming up with professional sports teams.  We’ve seen FanDuel.com cut a deal with the LA Lakers, Draftkings join forces with the Broncos and PlayMLF.com partnering up with the Golden State Warriors. 

BetOnline

Submitted by Aaron Goldstein on, Nov/23/2014

DailyMVP.com Hits the Daily Fantasy Sports Market Minus the Salary Cap

The latest installment in the fast growing daily fantasy sector is DailyMVP.com, a site that looks to distinguish itself from the rest of the pack by offering fantasy sports without the salary cap platform found at other sites.

Submitted by Aaron Goldstein on, Nov/22/2014

New York Post: Meet the Man Who Makes Six Figures Off Fantasy Sports

“It was the craziest thing,” 24-year-old Brooklynite Mark Guindi tells the New York Post. “I wake up one day, put up a $25 entry fee, and I make 12,000 bucks.”

Submitted by Aaron Goldstein on, Nov/21/2014

Golden Nugget Atlantic City Joins Forces With Betfair for NJ Online Gambling

JERSEY CITY, N.J - Betfair, one of the world's leading online gaming operators, has moved its online gaming operation to the Golden Nugget Atlantic City. 

Under New Jersey law, online gaming operators such as Betfair must operate under the Internet gaming permit of a land-based casino in Atlantic City. As a result of this agreement, Golden Nugget Atlantic City will now offer two online casinos to those eligible to play in New Jersey, GoldenNuggetCasino.com and BetfairCasino.com, both of which will operate independently under Golden Nugget's Internet gaming permit. 

Submitted by Press Release on, Nov/20/2014

Amaya, PokerStars Parent, Posts Record Profit for 3rd Quarter

MONTREAL – (Canadian Press) - Amaya Gaming Group Inc. posted record results in the third quarter as its revenues and adjusted profit surged following the August acquisition of PokerStars and other online games.

The Montreal-based company (TSX:AYA) beat expectations as its adjusted profit increased 10-fold to nearly $70 million, or 43 cents per share for the period ended Sept. 30. That compared to $6.8 million or seven cents per share a year earlier.

Submitted by Canadian Press on, Nov/19/2014

Redskins Enter Into Fantasy Sports Deal With FanDuel.com: More to Come?

The Washington Redskins are the latest professional sports franchise to enter into a partnership deal with a daily fantasy sports website. 

BetOnline

Submitted by Don Shapiro on, Nov/19/2014

Macau Still Hurting in November

Macau gambling revenues appear to be stagnant in the month of November so far following a poor performance in October.

BetOnline

Submitted by Aaron Goldstein on, Nov/18/2014

Paddy Power Raises Full Year Guidance on Better Second Half

(Reuters) - Paddy Power Plc said it expects mid- to high-teens percentage earnings per share (EPS) growth this year, up a touch on its prior forecast as sports results rebounded as expected in the second half of the year.

The Irish gambling company saw operating profit fall sharply in the first half on what it described as a "horrific run of sports results" but said that things had already improved by August and that it expected mid-teen percentage EPS growth.

Submitted by Associated Press on, Nov/18/2014

Vice: Online Gambling has Made Many in Gibraltar Very Rich

Vice Media has just got through visiting the British overseas territory of Gibraltar, surprisingly now the fastest growing economy in all of Europe with an unemployment rate around 6 percent.  Much of this can be attributed to the online gambling sector.

Submitted by Gilbert Horowitz on, Nov/18/2014

Bodog Arsenal Sponsorship Deal Could Be Nullified: Premier League Clubs Warned

Premier League clubs have been warned about entering into deals with unlicensed overseas online gambling companies in a move that could cost teams £90m a year in sponsorship revenue.

BetOnline

Submitted by Aaron Goldstein on, Nov/17/2014

Japan's Gambling Bill Stalls Following Political Unrest

The push to legalise casino gambling in Japan has stalled once again following a fresh batch of political scandals. Despite Prime Minister Shinzo Abe's desire to have the industry regulated before the end of 2014, it now seems that a new gaming bill won't be passed until the start of 2015 at the earliest.

 

Submitted by Payton on, Nov/17/2014

New Daily Fantasy Sports Sites FantasyDraft.com, DraftHero Debut: Land T.Y. Hilton

Two new fantasy sports sites debuted in recent days: FantasyDraft.com and DraftHero.com.

Submitted by Aaron Goldstein on, Nov/16/2014

Breaking News

Say No to Sportsbook Blacklist

Since Gambling911.com revealed that seven sportsbooks had gotten together to share player information, everybody in the industry is talking.

Online Slots With The Highest Payout Rates

If you are into online casino slots, don’t just play any games you stumble across after you open the lobby. Also, choosing an online slot by design or theme is not a good idea. If you want to not only have fun playing but also hit some wins, make sure you choose the right games.

How to Withdraw Funds From Online Casinos?

Navigating the world of online gambling, especially when it comes to withdrawing your winnings, can seem daunting at first. However, with the right knowledge and understanding, the process can be smooth and secure.