Business & Financial
Legalized Internet Gambling A “Sloppy Wet Kiss To Nevada Casinos”
No More OTB in NYC? Last Minute Reprieve Could Happen
OTB or Off Track Betting has announced it will cease to exist in New York City as of this Friday December 3, 2010. But could the troubled 40-year-old betting firm get a last minute reprieve?
Senate Democratic Leader John Sampson of Brooklyn will be calling the Senate back into session on Tuesday in order to consider a bill that would save the OTB. Any shutdown would result in 800 employees losing their jobs.
New York Governor David Paterson has also stepped in to try and find a last minute solution.
2014 Super Bowl in New Jersey Could Be Huge For State Sports Betting
Betfair Accused of Robbing Hundreds of People Through “Happy Hour” Promo
The largest betting exchange in Europe, Betfair, has been accused of “robbing” players during a recent online casino “Happy Hour” promotion.
Bookies Fare Well On Sunday Following Thanksgiving Feast For Gamblers
Atlantic City Casino Reform, Internet Gambling Won’t Work Claims Moody’s
Another Drop In Online Poker Traffic: iPoker Beats Out PartyPoker
Real cash online poker traffic slid another 0.7 percent this week according to the monitoring website PokerScout.com.
The newly regulated markets of France and Italy seem to be providing the only true growth signs. PokerStars main site traffic was up a mere 3 percent while their total combined France and Italy traffic witnessed an increase of 12 percent as an example. Full Tilt Poker has not managed significant inroads in the regulated markets, PokerScout observed.
Black Friday 2010 Sales Up: Bookie Reports Brisk Action On Betting Odds
The numbers are in and Black Friday 2010 looks to have been a triumphant success for retailers and perhaps an indication of happy times ahead for the economy over this holiday period.
Online sales benefitted significantly. Sites across the board reported a 15.9% increase in sales from the U.S., with consumers pushing the average order value to $190.80 from $170.19, according to Coremetrics, an IBM company.
Mobile Betting Boosts Sportingbet Profits
(The Press Association) - Online bookmaker Sportingbet said it has seen an increase in punters gambling on-the-go amid the growing popularity of smartphones.
Crown Casino Accused of Allowing Desperate Gamblers to Urinate on Machines
Motley Fool Looks At Potential Players In Legalized US Online Gambling Field
Harrahs IPO Cancelled
Harrahs, the Las Vegas casino operator and sponsor of the World Series of Poker, has cancelled its IPO on Friday, citing declining marketing conditions.
News of the Initial Public Offering being scrapped comes one day after General Motors returned to the stock market surrounded by plenty of hoopla. While the GM shares did not deliver a huge punch over the price of the initial public offering, there was still a 3.6 percent rise in the stock price.
Ladbrokes Abruptly Pulls Out of China, Hong Kong Market
With little notice, the United Kingdom’s largest bookmaker, Ladbrokes, will stop accepting bets online from those living in China and Hong Kong.
Online Poker Traffic Declines at 7 of Top 10 Internet Card Rooms
Stan James buys stake in online betting firm
Global online gaming operator Stan James Plc has announced the acquisition of a majority stake in Racing2day LLC, presided over by Belfast man Vincent Caldwell.
