Gambling Companies
Gambling Companies, Gambling Stocks
Two Billionaires Place Bets on Japan Casino Sector
OSAKA/TOKYO (Reuters) - Two US billionaires are betting on rival cities, Tokyo and Osaka, to be the first in Japan to open casino resorts - once the government gives the go-ahead to legalize gambling.
Japan is one of the world's last untapped gaming markets and could become the third largest gambling destination after Macau and the United States, with annual revenue of over $40 billion, according to broker CLSA.
Australian Casino Magnate James Packer Receives A$500 Fine for Brawl
Crown Resorts Ltd. Chairman James Packer has been fined A$500 for a May 4 street brawl near Sydney’s Bondi Beach. The other man involved in the altercation, Nine Entertainment’s CEO David Gyngell has also been fined the same amount.
Bookmaker Stan James Could be Charged With Crime Over Defacing of Heritage Site
The popular British bookmaker Stan James was reported to authorities for stenciled graffiti advertising the betting firm was found on the Roman walls of Chester, a Heritage site that has existed since 40 AD.
The company added the graffiti ahead of this weekend’s Chester Horse Racing Festival. The Chester council has accused Stan James of a “Heritage Crime”.
Ronn Torossian & 5WPR Continue Winning Awards
Longtime Friends of Gambling911,Ronn Torossian & his New-York based firm 5WPR continue to win awards.
The announcement came today that 5WPR was named a Finalist in The 2014 American Business Awards for four categories, including PR Agency of the Year and PR Executive of the Year for 5W CEO and Founder, Ronn Torossian, and will ultimately be a Gold, Silver, or Bronze Stevie® Award winner in the program. 5WPR was agency of record for 2013 – and Torossian won a silver for 2013 PR exec of the year.
CashBet is Coming to New Jersey: In Talks With Several Atlantic City Casinos
CashBet, a California-based and Alderney-licensed software platform provider and turnkey operator enabling online gambling for social and mobile games, revealed it will be offering its platform in the coveted US market by year’s end, specifically the state of New Jersey.
The company launched its real money online gambling platform in the UK on Thursday (May 8, 2014) with the casino game Casino Island Adventure from leading developer Gamzio, Inc.
New $4 Billion Resort to Begin Development in Las Vegas Later This Year
(Reuters) - Genting Bhd, Southeast Asia's biggest gaming group, will begin construction of a $4 billion gaming resort on the Las Vegas strip in the second half of this year, it said in a statement on Thursday.
Caesars Posts Larger Than Anticipated Loss in 1st Quarter
(Associated Press) - Caesars Entertainment on Wednesday reported a wider first-quarter loss as gambling revenue fell and the company's casinos outside of Las Vegas faced stiffer competition and bad weather.
The Las Vegas-based company, which runs the Caesars, Harrah's, and Horseshoe brands, has struggled since the recession, and has not posted a profit since 2009. It's hobbled by its lack of a presence in the Chinese gambling enclave of Macau, which has been the center of the gambling world for years.
Pennsylvania to Look at Legalizing Online Gambling: Adelson Can’t be Happy
Consultants told Pennsylvania lawmakers Wednesday that legalizing online gambling in the state would lead to more total gambling revenue, approximately $307 million a year to be more precise. Neighboring New Jersey has already legalized Web casinos and poker though, to date, early income figures appear way off the mark.
Sands Bethlehem Not for Sale After All: Adelson to Invest More in Property
Despite much speculation in recent months, the Allentown Morning Call reported on Tuesday that the Sands Bethlehem Casino is not for sale and that Sands chairman Sheldon Adelson has announced further investment in the property.
AceSportsbook.com Announces Revamped Affiliate Program: Review
"AceSportsbook.com has announced a revamped affiliate program, with commission percentages up to 25%. They handle everything, just send them players, and they send you money.
Ader Highlights ‘Case for Change’ at Bwin.Party: Current Board on ‘Destructive’ Path
Activist investor Jason Ader of SpringOwl on Monday made available its initial presentation highlighting the need for change at Bwin.Party, one of the largest online gambling firms in the world.
Churchill Downs Boycott May be Taking Hold as Kentucky Oaks Handle Dips
This year’s Kentucky Oaks handle fell nearly 6% as revealed by Churchill Downs Saturday, making some wonder if a much publicized call to boycott Churchill Downs is starting to have some negative impact.
Steve Wynn Wins $7.5 Mil Judgment Against ‘Girls Gone Wild’ Founder
CARSON CITY, Nev. — (Associated Press) - The Nevada Supreme Court has upheld Steve Wynn's $7.5 million judgment in a civil defamation case against "Girls Gone Wild" founder Joe Francis.
Top Horse Trainer Agrees: Boycott Churchill Downs!
Momentum is building for a fan boycott of Churchill Downs, the iconic horse racing track in Louisville, Kentucky, USA, where the world-famous Kentucky Derby is annually run and will be again this Saturday.
UK Tightens Rules on High Street Betting Shops
LONDON - (Reuters) - Britain is tightening controls on the spread of betting shops and the high stakes gambling machines that account for a growing part of their business, the government said on Wednesday.
Britain has a well developed gambling industry and betting shops have been a feature of the high street for more than 50 years after they were legalised in the early 1960s.
However, public concern has been growing over clusters of shops housing machines on which gamblers can stake up to 300 pounds ($510) per minute playing games such roulette.
How to Fund an Online Betting Account in New Jersey: Firm Claims It’s Been Tough
Wayne Parry, New Jersey-based Associated Press writer, reports that funding an online betting account in the Garden State has not been easy despite the activity being legal for nearly 6 months now.
Funding by credit card has been among the most difficult.
Nevada Gambling Revenue Up 7.6 Percent in March
Nevada gambling revenue up 7.6 percent in March; nearly 11 percent on Las Vegas Strip
CARSON CITY, Nev. (Associated Press) -- Nevada casinos won $982 million from gamblers in March, an increase of 7.6 percent from the same month a year ago with most casino games — from baccarat and craps to slot machines — posting better revenue numbers, state regulators reported Tuesday.
Traders Betting on Bookies: Shares Climb
(Reuters) - Bid talk and relief about 'less draconian' Government measures lift the bookmakers
Traders were betting on the bookmakers amid a revival of bid gossip and relief that a clampdown on the gambling industry was likely to be less severe than feared.
Equity Poker Room Shuts Down Accounts Due to 'Growing Pains'
The newly formed online poker network Equity Poker has begun to shut down player accounts of those it deems to be “too aggressive”.
Bitcoin Sportsbook Coinbet.cc Folds After Only Four Months
Coinbet.cc, a bitcoin-only online sportsbook, has closed its doors, leaving customers wondering if they will ever see their winnings.
[SportsBettingOnline.com does accept bitcoin here]
Online Gambling in New Jersey: Toms River, Jersey City Top List of Registrants
This week we learned that Toms River ranked number one on the list of Most Registrants signing up and playing on licensed New Jersey online gambling websites. The state’s second largest city, Jersey City, ranked 2nd.
Las Vegas Sands Corp Beats Profit Expectations for 2014 Q1
LAS VEGAS (Associated Press) -- Casino giant Las Vegas Sands Corp. said its first-quarter net income rose 36 percent due to a strong performance in Macau, the world's largest gambling market.
Billionaire CEO Sheldon Adelson said Thursday that the company delivered growth in every sector of business in Macau, and reported that plans to add thousands more hotel rooms are on budget and on schedule. He predicted demand in the enclave, the only place in China where gambling is legal, would not be satisfied anytime in the foreseeable future.
Churchill Downs Boycott Could Provide Wakeup Call as Execs Stuff Their Pockets
While it may not scare the masses away from next week’s Kentucky Derby, a call to boycott Churchill Downs could prove effective thereafter.
Jacob’s Family Has ‘Gambling’ Obstacle Standing in Way of Buffalo Bills Purchase
ESPN.com on Wednesday reported that the family involved with helping to find the Buffalo Bills a new owner hasn’t ruled out buying the franchise themselves. The Bills previous owner, Ralph Wilson, died last month.
Jeremy Jacobs Jr., the son of Boston Bruins owner Jeremy Sr., is engaged in discussions related to the franchise's future. The Jacobs, one of Buffalo's wealthiest families, would most certainly want the Bills to stay put.
IGT Net Income Down 67 Percent as Slot Sales Decline
LAS VEGAS (Associated Press) — Gambling equipment manufacturer International Game Technology said its net income fell 67 percent as sales of slot machines declined and the company faced competition from smaller vendors.
Shares fell $1.45, or 10 percent, to $12.62 Wednesday.
Marc Pincus Steps Down From All Operational Roles at Zynga
The social gaming giant Zynga founder Marc Pincus has stepped down from all operational roles saying ““Ultimately a Ship Is Better With One Captain”.
The announcement was made on Wednesday. Pincus will assume the role of company Chairperson.
Pincus stepped down from his CEO position last year.
WPT World Championship Atlantic City 2014 Numbers Are In: $1.3 Mil to the Champ
328 entries, $4,852,400 in prize money, to 36 spots will pay cash and $1,310,146 goes to the winner of this year’s WPT World Championship currently taking place in Atlantic City after 11 years in Las Vegas. The event is expected to provide the struggling seaside gambling resort with a significant economic jolt.
New slot technology revolutionizing the gaming sector
Slot machines have long been a key element of gaming entertainment. The 'one armed bandit' is synonymous with casinos across the world. Of course, the advent of online casinos meant that slots fans could suddenly have fun from the comfort of their own home. However, this is not where the story ends – Software giant Playtech has developed a whole range of revolutionary online slots which are keeping players well and truly entertained. Here are just a few reasons why.
Superb graphics and effects
Dreyfus on iGaming: ‘Not About Whether You Are Going to Eat Someone or Be Eaten’
Alexandre Dreyfus, founder of Chili Poker and now the head of the Global Poker Index, is celebrating his 10th year in online gambling and Gambling911.com would like to take this time to congratulate him as this is no small feat. After all we have seen countless numbers of "executives" come and go during this time.
Prior to ten years ago, the Frenchman had never bet online. One could argue he is among the industry’s most successful businesspeople and certainly a pioneer when it comes to online poker.
World Poker Tour Championship Event Gets Underway in Atlantic City
(Associated Press) - After 11 years in Las Vegas, the championship event of the World Poker Tour is underway in Atlantic City.
