Business & Financial
CBS Thursday Night Football Should Benefit Online Sportsbooks Significantly
CBS Thursday Night Football is coming during the 2014 NFL season, and while limited to one year, any success could result in an extension.
Guardian Newspaper Launches Sports Betting Site GoWager.co.uk
Move over Ladbrokes, William Hill and Paddy Power. Here comes some stiff competition from a branding concept we all know, the Guardian Newspaper. And they just entered the sports betting business with GoWager.co.uk.
Zynga Shares Rise With UBS Upgrade to ‘Buy’
Social gaming giant Zynga witnessed its biggest share price surge in nearly a year Tuesday thanks to a positive upgrade.
UBS raised its rating on the game maker's stock to "buy" from "neutral," saying Zynga's core operations had begun to stabilize under the new management team and that its $527 million acquisition of mobile game developer NaturalMotion would result in more scale and innovation at Zynga.
Rumors Abound: Zynga and BWin.Party to Join Forces in New Jersey
With Bwin.party’s social sports betting product nearing an initial beta-launch ahead of a full launch planned before the end of Q1, some stock forecasting sites are suggesting a possible partnership between both these big name firms in the state of New Jersey.
Bwin.Party is already the market leader in real time online gambling in the state of New Jersey since its launch in late November. The company enjoyed a head start over much of its competition.
Companies That Accept Bitcoin – Including Online Gambling
This week, NASDAQ.com released a listing of companies that accept bitcoin and these mainstream (some not-so-mainstream like Virgin Galactic perhaps) are listed below. But we also list online gambling companies that currently accept the anonymous digital currency as of February 1, 2014.
Wynn Approved for Online Gambling License in New Jersey: Uncertain of Plans
ATLANTIC CITY, N.J. (Associated Press) - In the decades since he left Atlantic City for the more prosperous sands of Las Vegas, casino mogul Steve Wynn has repeatedly considered a return here, only to decide against it.
This may be another one of those instances.
New Jersey gambling regulators have approved Wynn to offer an Internet gambling site in the state where he once ruled the roost. But a Wynn spokesman said plans by Wynn Interactive to offer online gambling in New Jersey are on hold as it studies the fledgling market.
Super Bowl 48 a Success for Vegas, Bookmakers
The final tallies are out and Super Bowl 48 turned out to be a big win for Las Vegas sportsbooks and offshore bookies.
Gambling911.com had already discussed how the largest bets had money coming in on the Denver spread and UNDER 47.5, both of which went in favor of the bookies.
WagerHome Tools Make Customer Management Easier For ALL Pay Per Head Agents
Anyone who is running a sports betting service, or is aspiring to do so, and wants to enter the 21st-Century way of doing business is going to want his or her players to have access to a genuine sportsbook interface, just like the "pros" use. That is possible through the phenomenon of "Price Per Head," or "PPH," and nobody in this business does it quite like WagerHome.com.
WSOP Main Event 2014 May Have $10 Million First Place Prize
World Series of Poker officials may have accidentally leaked that their will be a $10 million guaranteed 1st place prize awarded to the winner of the WSOP 2014.
If true, this would be the second largest cash prize given out during the main event.
Mobile Wagering to Grow in 2014
The desktop computer could soon be a thing of the past, as mobile traffic starts to dominate all over the world. Social network media giant Facebook that only recently started mobile advertising in the past year, rocked the business world with Mobile MAUs growth of 45 percent over the last year (to 874 million in Q3 2013 from 604 million in Q2 2012) — these include both those who are using mobile exclusively for Facebook, and those who are using mobile at some point in the month in addition to desktop.
China Gambling Propels Wynn's 4Q Profit
LAS VEGAS (Associated Press) — Wynn Resorts Ltd. said Thursday that its fourth-quarter profit nearly doubled on gains in Macau, the only place in China where casino gambling is legal.
Net income for the October-December period came to $213.9 million, or $2.10 per share, from $111.4 million, or $1.10 per share, in the same months in 2012.
Excluding special items, Wynn made $2.27 per share. Analysts polled by FactSet expected $1.72 per share.
More Major Retailers Poised to Start Accepting Bitcoin in Wake of Overstock Success
On the heels of Overstock.com, the Sacramento Kings, two Las Vegas casino establishments and the popular online poker room Americas Cardroom each now embracing the anonymous digital currency bitcoin, other major retailers are about to follow suit.
Canada Using Super Bowl to Help Promote Legalizing Sports Betting
(Canadian Press) - Supporters of proposed federal legislation that would legalize single-event sports betting are using this weekend's Super Bowl XLVIII to pressure senators to give final approval to a private member's bill.
Caesars May Bid for Revel Casino
(Bloomberg) - Caesars Entertainment Corp. is considering making a bid for Revel Casino Hotel, the Atlantic City, New Jersey, property that went through bankruptcy last year, according to people with knowledge of the situation.
A bid from Caesars isn't certain, said the people, who asked not to be named because deliberations are private. Offers for the property, which opened in April 2012, are due in two weeks, and no negotiations are under way, they said.
Wynn Resorts Scheduled to Report Quarterly Results
Wynn Resorts (NASDAQ:WYNN) will announce its earnings results on Thursday, January 30th.
Shares of Wynn Resorts (NASDAQ: WYNN) opened at 197.15 on Wednesday. Wynn Resorts has a 52 week low of $113.39 and a 52 week high of $216.99. The stock’s 50-day moving average is $195.5 and its 200-day moving average is $163.. The company has a market cap of $19.850 billion and a P/E ratio of 31.05.
Super Bowl 48 Live In-Play Betting Comes Into Its Own This Year
Bookmaker, the oldest existing North American-facing online sportsbook established in 1986, developed what is arguably the best live wagering platform on the planet and they’ll be putting this to good use with Super Bowl 48 live in-play betting expected to yield record results. If you are reading this during the big game, be sure to join here now to take full advantage of the live betting experience.
Neteller customers Targeted in Phishing Scheme
Customers of the popular online wallet Neteller were targets of an apparent phishing scheme, it was revealed this week.
Numerous customers received emails over the weekend notifying them that their accounts would be closed if they did not provide pertinent personal details. Those emails turned out to be fake.
The email appeared as such:
Dear [e-mail address]
Hearing on Bitcoin Turns Into Discussion Regarding Shortcomings of Banks
A Tuesday hearing about the anonymous digital currency bitcoin turned into a forum on the shortcomings of the traditional banking system.
Bitcoin Exec Charged With $1 Mil in Money Laundering Out on $1 Mil Bail
Charlie Shrem, CEO of one of the largest bitcoin exchanges BitInstant, was released on $1 million bond Tuesday for his alleged role in money laundering tied to the notorious Silk Road website.
Satoshi Square Becomes Gathering Spot for Bitcoin Traders on Wall Street (Video)
Every Monday night, Bitcoin traders holds a meet up called Satoshi Square, named in honor of Satoshi Nakamoto, the mysterious creator of Bitcoin, in which participants exchange virtual currencies for U.S.dollars. Previously, these meetings took place in a Whole Foods market on the Lower East Side of Manhattan.
Bitcoin Price Crosses $1000 Threshold Again: Leading Exchange Exec Arrested
Bitcoin prices rose above the $1,000 (€731, £606)-mark once again Monday, peaking at $1,038 on Tokyo-based MT Gox bitcoin exchange. This essentially countered the negative effects of a sell-off in emerging markets.
New Bitcoin Sportsbook CoinBet Debuts in Times Square: Hot or Dangerous Trend in 2014
A new bitcoin-only sportsbook made its debut smack in the middle of Times Square this past week, advertising on the Reuters interactive billboard.
Coinbet.cc is one of the newest online gambling sites to enter the lucrative bitcoin Web gaming market. This appears as if it will become a pretty significant trend as we move forward into 2014.
But it could prove to be a dangerous one as well.
Delaware’s Foray Into Online Gambling Arena: Casinos Don’t Have a Clue
Three states entered the world of real money online gambling last year – Nevada, New Jersey and Delaware. Nevada was first, New Jersey has proven the most successful and tiny Delaware, well…..
Pennsylvania Explores Online Gambling, Keno
HARRISBURG — (Associated Press) - With top Pennsylvania state lawmakers and Gov. Tom Corbett seeking ways to plug a projected budget deficit, they are considering expanding lottery gambling and, possibly, legalizing online gambling.
The Senate Finance Committee will hear testimony Wednesday that focuses partly on adding keno to the Pennsylvania Lottery's game lineup.
Ezugi launches Uplay1’s Live Hybrid Black Jack: Allows Unlimited Players at Table
Ezugi, the innovative live dealer gaming system provider, today announced it shall be integrating a Hybrid Black Jack solution to allow unlimited players at a black jack table and increase operator’s revenues.
The agreement with Uplay1™, a gaming intellectual Property Company enables Ezugi’s clients to offer live Black Jack that was previously limited to 7 seats per table to be available to unlimited players with a mix of higher and lower bet minimums and enhanced gaming engagement.
Feds Say Paddy Power Rodman Sponsored North Korea Trip Violated Sanctions
The US Treasury Department contends that former NBA star Dennis Rodman’s recent visits to North Korea may have been in violation of sanctions against the so-called “Hermit Kingdom”.
Royalty Free Video, Music Downloads Set to Cripple Netflix: Antigua Fights Back
The tiny island nation of Antigua is set to launch its royalty free video and music site, Gambling911.com is learning. The move is in response to the US failure to abide by a World Trade Organization decision related to online gambling.
7Red.com Becomes Latest Online Casino With Live Dealers
7Red.com, which recently named former Heavy Weight Champion Mike Tyson as its brand ambassador, is the latest online casino to incorporate live dealers. And who knows? Maybe you’ll get to play along side Iron Mike.
PayNoRake.com Review is In and the Feedback Has Been Super Positive
The new management of the Chico Poker Network are thrilled to announce that, after their acquisition of the network almost a year ago, the feedback that they are receiving from affiliates and players alike is very positive, particularly with regards to their unique rakeback brand, PayNoRake.com, which is fast becoming the online poker room of choice for poker players and affiliates alike!
Cubeia Online Poker Network Latest to Incorporate Bitcoin
The latest online gambling company to begin accepting bitcoin transactions is Swedish-based Cubeia, an Internet poker network. They follow in the footsteps of Americas Cardroom, which announced two weeks ago they too have begun offering the anonymous digital currency as a payment alternative.
