Gambling Companies
Gambling Companies, Gambling Stocks
New Credit Card Code for Online Gambling in New Jersey Should Reduce Decline Rate
A new credit card code is set to be introduced for online gambling in New Jersey come Springtime, thus helping to reduce decline rates.
Reports suggest that the approval rate for Visa cards has been around 73% on average for Visa with a dismal 44% for Mastercard. American Express does not allow transactions for online gambling at this time.
While online gambling is legal in New Jersey, many credit card issuing banks, including Wells Fargo, have refused to allow transactions for Web gambling due to federal legislation.
William Hill Shares Sent Spiraling After Bookies Loses Millions
A series of Premiere League favorites winning this past weekend has cost bookmakers - including the UK’s largest, William Hill – millions of dollars.
Super Bowl 2015 Not So Super For Fantasy Sports Leagues
According to the law, they can’t offer any Super Bowl action
The Super Bowl is annually the biggest betting day of the year for casino sportsbooks in Las Vegas.
More money will be wagered on that one game at the sportsbooks than any other sporting event of the year.
The Future of Daily Fantasy Sports: FanDuel Going Public, No More Overlays, More
Takeaways from last week’s Fantasy Sports Trade Association Winter Conference were summed up on PartTimePoker.com with a special emphasis on the future of Daily Fantasy Sports courtesy of Eilers Research.
Super Bowl 2015 Betting Early Action Results in Dramatic Line Movements
Carrie Stroup here with news regarding the Super Bowl 2015 early betting action, which has been brisk to say the least at Sportsbook.ag.
Paddy Power Pays Shampoo Spokes Model David Ginola to Run for FIFA President
The ever controversial Irish-based bookmaker Paddy Power is said to be paying David Ginola, a L’Oreal Shampoo spokes model, $380,000 to run for FIFA President.
Bitcoin is 10 Percent of Americas Cardroom’s Business Right Now Reveals CEO
Americas Cardroom CEO Phil Nagy tells Gambling911.com, the anonymous digital currency Bitcoin has thus far impressed at his online poker business.
“Bitcoin is doing good for us,” he told G911 this week. “It is 10 percent of our overall business right now.”
Pay Per Head for the NFL Conference Championships
Looking for a Pay Per Head for the NFL Conference Championships, look no further than PayPerHeadAgents.com for all your outsourcing needs.
Caesars Bankruptcy Filed Then Halted by Judge
Delaware/CHICAGO (Reuters) - The operating unit of Caesars Entertainment Corp, the largest U.S. casino company, filed for Chapter 11 bankruptcy in Chicago on Thursday to cut $10 billion of debt, but a Delaware judge intervened to halt the case before it got started.
The unusual legal standoff marked the start of a more public phase of complex and contentious debt negotiations. Until now, the company's attempts to cut interest payments after years of red ink have been kept mostly private.
Atlantic City Loses Half Its Revenue Over Eight Years
ATLANTIC CITY, N.J. - (Associated Press) -- Atlantic City has lost nearly half its casino revenue over the past eight years as competition in nearby states cannibalized its market and drove four casinos out of business.
Figures released Wednesday by the New Jersey Division of Gaming Enforcement show the casinos took in $2.74 billion in 2014, or about what the industry brought in in 1988. That is down 48 percent from a high of $5.2 billion in 2006. The decline would have been greater without the $122 million that Internet gambling provided last year.
CFP Championship Game Attracts Record Betting for Some: Books Hit by OSU Win
The first ever CFP Championship Game between Ohio State and Oregon was a bonafide hit though it wasn’t exactly pretty for the books.
Fantasy Sports Leagues Embrace the NFL, But Shun College Football
Company Executives Tell Gambling911 Why That’s So And Why It’s Changing
When it comes to legal sports wagering at Las Vegas sportsbooks, more money is wagered on pro football than any other sport.
The NFL is No. 1 for the books and always has been.
The second most popular sport to bet on at the Vegas books is college football, not surprising considering the overall popularity nationally of the game of football.
So why hasn't this affection for NCAA football translated to fantasy sports the way NFL football has?
Fantasy Site ScoreStreak.com Does Things Their Way
Site’s Unique Format Proves Popular With Fans
SAN MATEO, Calif. -- With a steady supply of computer- and Internet-savvy talent and some of the biggest techno-brains around, it's no surprise that Silicon Valley in Northern California has become Ground Zero for the Sports Fantasy League business, including much of the newer business in that industry that involves daily sports fantasy.
Las Vegas Sands Gets Green Light for Paris-Themed Casino in Macau
The Asian gambling Mecca of Macau has approved a Paris-themed casino the Las Vegas Sands has asked to establish there. Sands already operates a successful casino establishment in the former Portuguese colony, now a part of China.
The $2.7 billion Paris-themed integrated resort will feature a replica of the Eiffel Tower. With more than 3,000 rooms, the Parisian Macao will bring more than 490,000 square feet of retail space, dining options, new meeting and convention facilities.
Macau Gambling Revenue Takes Record Plunge
HONG KONG (Reuters) - Gambling revenue in the Chinese territory of Macau, the world's biggest gambling hub, fell 2.6 per cent to 351.5 billion patacas (S$58.4 billion) in 2014, the territory's first annual decline since casinos were liberalised there in 2001.
This came as revenue plunged a record 30.4 per cent in December from a year earlier to 23.3 billion patacas, marking the seventh consecutive monthly decline, data released on Friday by Macau's Gaming Inspection and Coordination Bureau showed.
Adult Entertainment Company Vivid Joins Forces With Fantasy Sports Site
Adult entertainment and fantasy have always worked great together….but Fantasy Sports?
Yes it’s true, the world’s largest purveyors of pornography, Vivid Entertainment, this week entered into a deal with the third largest Daily Fantasy Sports site DraftDay.com.
Professional Sports Leagues Find Great Value in Daily Fantasy Sports
The professional sports leagues are loving Daily Fantasy Sports...and with good reason.
Unibet Buys Bingo.com for $8 Million
Domain names are still a hot commodity and certain domain names are fetching big bucks. This week, Bingo.com was sold to the online gambling firm Unibet for a cool $8 million.
Nevada Gaming Revenue Flat in November
LAS VEGAS (Associated Press) - State officials say Nevada gambling revenue was virtually flat in November compared with the same month a year ago. Nevada Gaming Control Board officials reported Tuesday that the state's casinos brought in a little more than $876 million in November.
That was up less than one-tenth of a percent from November 2013. Las Vegas Strip gambling revenues of $508 million were down 4 percent year-over-year, while downtown revenue of $43 million was up 13 percent.
Fantasy Sports Site PlayMLF.com to Announce First Pro Sponsorship Deal
Daily fantasy website Major League Fantasy (www.playmlf.com), which went into business just last month, will soon announce a partnership with the Tampa Bay Lightning of the National Hockey League, sources told Gambling 911.
The arrangement will involve Major League Fantasy becoming an official sponsor of the NHL team, with MLF advertising appearing at Lightning games and in Lightning media, the sources said.
New Fantasy Sports Site Draftster.com is Looking to Get Noticed
SANTA MONICA, Calif. -- This tony Southern California beach town just outside Los Angeles has always been known for great waves and great surfing, not to mention seeing an occasional celebrity or two.
But as the base for an Internet fantasy sports league?
That's something that's more likely to come out of Northern California, where tech-obsessed Silicon Valley is located.
TheScore Acquires Swoopt Daily Fantasy Sports App
While the Daily Fantasy Sports industry may be in its infancy, consolidation continues. Last week it was announced that Toronto-based TheScore.com had acquired a mobile Fantasy sports app called Swoopt.
Daily Fantasy Sports Operator Sports Tradex CEO Talks About Industry With G911
HOUSTON -- This sprawling Southwestern metropolis, now the country's fourth-largest city, has been home to many historic venues, such as the Astrodome and NASA headquarters.
And now it is the home of a sports fantasy company that is revolutionizing the industry--Sports Tradex (www.sportstradex.com).
2014-2015 No Deposit Sportsbook Bonuses for College Bowl Games
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33-Year-Old Turns $35 Into $2 Million at 2014 Fantasy Football Championship
A 33-year-old personal trainer and former teacher last week converted a $35 entry into $2 million at the 2014 FanDuel Fantasy Football Championship in Las Vegas.
Caesars Entertainment to Buy Affiliate in Move to Reduce Debt
LAS VEGAS (Associated Press) — Caesars Entertainment Corporation says it will buy an affiliate as it tries to smooth the reorganization of a struggling division and balance its debt load.
The Las Vegas casino giant says the merger with Caesars Acquisition Company will give it $1.7 billion in cash it needs to guarantee loans in a proposed bankruptcy deal it's pitched to creditors of its debt-heavy operating division.
China to Begin Crackdown on Macau Amidst Dissent in Gambling Mecca
(Reuters) - By night, Ieong Man Teng was dealing baccarat to gamblers at the Wynn Macau casino. By day, he was mobilizing thousands of fellow dealers to protest on the street for better working conditions and higher pay.
That made him one of the people on Beijing's watch list earlier this year in Macau, the world's biggest gambling hub.
Wizard of Odds Sold for $2.35 Million
Popular casino information website Wizard of Odds has recently been sold for approximately $2 Million to Latest Casino Bonuses. The Wizard of Odds is a well known website that offers a wealth of knowledge to players that love land based and online gambling. The original owner, Michael Shackelford and new owner Joshua, sat down with CasinoSlots.net for an interview. In addition to being business partners, Mike and Josh are enjoy competitive sports. They recently had a rope climbing contest, which can be viewed at the bottom of this page.
Maximum Fantasy Sports is Setting the Trends in the Industry
Site originates game varieties that others then copy
CHICAGO -- One of the up-and-coming new fantasy sports websites that is attracting a lot of attention these days is called Maximum Fantasy Sports and is run from the Windy City in the Heartland of America.
That alone makes it stand out--most fantasy sites, it seems, are based on the East or West Coasts.
Golden Nugget to Sue Over Tax Rise
ATLANTIC CITY, N.J. — (Associated Press) - An Atlantic City casino who says its taxes would rise dramatically under a proposed tax assistance bill designed to help the struggling seaside resort says it will sue to block the plan.
The Golden Nugget says its calculations of the amount each casino would pay under a proposed payment in lieu of taxes drastically raises taxes for it, Resorts and Bally's — three of the city's smaller casinos — while giving huge tax breaks to big casinos owned or soon to be owned by billionaire Carl Icahn and gambling giant Caesars Entertainment.
