Business & Financial

Bwin, PartyGaming Merger Talks Still On

Bwin chairman Hannes Androsch claims he was quoted wrong in suggesting that merger talks between his company and PartyGaming had fallen through

Submitted by Aaron Goldstein on, Jun/28/2010

Bookies Spared $75 Mil Payout With England World Cup Exit

Not everyone in England was upset about their team getting eliminated so quickly Sunday in the knockout round of the 2010 FIFA World Cup vs.

Submitted by Aaron Goldstein on, Jun/27/2010

Republicans Voting for Harry Reid Include Stations Casinos Owner

A rank-and-file Republican wants the upcoming state party convention moved from the Green Valley Ranch over its owner's support of Senator Harry Reid

Submitted by Aaron Goldstein on, Jun/26/2010

PayPal Co-Founder Claims He Is Broke

Once a major player in the world of online gambling payment processing, PayPal was later sold to eBay for $1.5 billion and its co-founder Elon Musk now claims he is broke.

Musk, who cashed out for $200 million, says he invested his last $35 million in Tesla Motors -- just as the company prepares to go public.  Tesla Motors is an electric car manufacturer based in the Silicon Valley of California.  They recently purchased the former NUMMI factory in Fremont, California, where it will build the Model S sedan and future Tesla vehicles.

Submitted by Aaron Goldstein on, Jun/25/2010

Marina Bay Sands Opening Celebration

With a collection of celebrity chefs, leading fashion, nightlife, and luxury spa operators, extreme sports aficionados, and musical stars all on hand, Marina Bay Sands held its Opening Celebration

Submitted by Guest on, Jun/23/2010

Las Vegas Economy Hangs by a Thread

A turnaround in Nevada's economy hinges on recovery in the national economy, a university economist stated this week.

Submitted by Adm1n on, Jun/21/2010

Gambling Mogul Predicts 30 Percent Growth in Macau

HONG KONG (AFP) - Gambling tycoon Sheldon Adelson on Saturday predicted huge growth in Macau's gaming market with the economy bouncing back and punters pouring into the city.

The Las Vegas Sands chief told a press conference in Hong Kong, where his Macau unit Sands China was listed in November, that he expected revenue for the second half of 2010 to be up at least 30 percent year-on-year.

"This is not just in comparison with last year, but we also take into account the natural growth of the sector," he said.

Submitted by Guest on, Jun/19/2010

BP Global PR Twitter Parody, BP Coffee Spill Cleanup

In the wake of the worst environmental disaster in US history, comedy can still provide healing power, especially when BP (British Petroleum) is the brunt of all jokes.

Submitted by Aaron Goldstein on, Jun/15/2010

BP Oil Spill Odds Released By Gambling Site

BetUS.com is the latest to take a stab at offering odds on the BP oil spill and when it might be resolved in the wake of President Barack Obama's Oval Office speech Tuesday evening.

Submitted by Aaron Goldstein on, Jun/15/2010

Las Vegas Sees Slightly More Visitors in April

LAS VEGAS - (Associated Press) - The tourism agency in charge of promoting Las Vegas says Sin City saw a small increase in visitors in April compared with the same month last year.

Submitted by Guest on, Jun/09/2010

ESPN Zone Restaurants Go Bust

Most of the ESPN Zone Restaurants will soon be closing.  A tough economy is being cited as the cause for these closures.

Submitted by Aaron Goldstein on, Jun/09/2010

Harrah’s Builds Lobbying Effort For Online Gambling

Harrah's Entertainment knows the value in legalized online gambling and they so desperately want to be a part of it.  The Vegas-based casino company is

Submitted by Aaron Goldstein on, Jun/09/2010

Australian Political Casino Wars

Australian casino "wars" continue, as a new political element enter the arena.

Submitted by Greg Tingle on, Jun/07/2010

Debt to Overtake GDP

(Bloomberg) -- President

Submitted by Guest on, Jun/06/2010

Sportingbet Looks to Settle With US by Year’s End

BRITISH online gaming firm Sportingbet is hoping to agree a settlement with US authorities before the end of the year to protect it from the threat of prosecution, said chief executive Andrew McIve

Submitted by Guest on, Jun/04/2010

Real Deal Poker Close to Becoming a Reality

One of the most widely touted online poker innovations to come along in years is one step closer to becoming a reality.

Submitted by Alejandro Botticelli on, Jun/03/2010

Gambling News: Antoine Walker Vegas Debts, 888.com

Former NBA star Antoine Walker will appear in court to face felony charges for writing a bad check and failing to pay $900,000 in gambling debts to three Las Vegas casinos. 

Submitted by Alistair Prescott on, Jun/01/2010

Slots.com Purchased for $5.5 Mil by Calvin Ayre

One of the most recognized domain names on the Net today, Slots.com, has been purchased by Calvin Ayre.  The founder of Bodog.com acquired the name for $5.5 million.

"Slots.com will work for us on a number of levels, not least, in generating global traffic to our Bodog branded properties but also to form a number of other targeted websites including one that will be created by and for the female gambler," Ayre said in a statement on Tuesday.

"After Casino.com, we feel that Slots.com is the best gaming domain in the world," Ayre added.

Submitted by C Costigan on, Jun/01/2010

Hurricane Betting Not Likely: Oil Spill Trades Are

With the 2010 Hurricane season set to begin today (June 1), don't expect online bookmakers to start offering betting odds on Hurricanes hitting the US. 

In 2006, following the record setting hurricane season the year prior, online gambling's oldest betting site catering to the North American bettor, Bookmaker.com, came under increasing scrutiny for taking bets on the 2006 storm season.

Submitted by Alejandro Botticelli on, May/31/2010

Greece Told To Get Off Euro: Odds Still Available

British economists have urged Greece to default on its €300 billion (£255 billion) debt in order to save the nation's economy.  Greece is essentially being told to drop the euro.

The Centre for Economics and Business Research (CEBR), a London-based consultancy, has warned Greek ministers they will be unable to escape their debt trap without devaluing their own currency to boost exports, according to a Times Online report.

Should Greece choose to do so, experts believe other nations could quickly follow.

Submitted by Aaron Goldstein on, May/31/2010

Spain in Pain

Spain's credit rating was cut as government efforts to reduce debt would weigh down economic growth.

Submitted by Payton on, May/30/2010

Crown Casino VS Star City Friendly War

The casino and overall gaming industry in the Asia Pacific - Australian regional remains as competitive as ever, with Crown Casino, Star City and Jupiters Hotel and Casino all enjoying expensive up

Submitted by Greg Tingle on, May/27/2010

William Hill Pulls Out of French Online Gambling Market

(Reuters) - William Hill (WMH.L), Britain's second-biggest bookmaker, said it would stop accepting online gambling business from clients in France following the introduction of new gambling laws in

Submitted by Guest on, May/26/2010

Oil Spill Betting Highlights Environmental Catastrophe?

Ireland's largest bookmaker, Paddy Power.com, is hopeful that their recent offering of Gulf of Mexico oil spill betting will help to highlight the recent ca

Submitted by Aaron Goldstein on, May/26/2010

Where will Super Bowl 2014 be held?

Members of the New York Super Bowl bid committee planned to spend much of much of the day Monday rehearsing the presentation they will give to owners on Tuesday.

Submitted by Payton on, May/24/2010

Full Tilt Poker Pro Phil Ivey Will Have Card Room in Vegas

The Aria Resort & Casino at CityCenter will be opening a high stakes room named in honor of Team Full Tilt Poker pro Phil Ivey. 

Submitted by Patrick Flanigan on, May/21/2010

Trade of the Week: A Short Bet on Oil?

This past week, Paddy Power Trader featured its Trade of the Week, that being oil.  They sugge

Submitted by Aaron Goldstein on, May/21/2010

Sex.com, Poker.org Up For Sale

Two of the hottest domain names are up for sale:  Sex.com and Poker.org.

Bankrupt company Escom LLC is putting Sex.com on the auction block. According to bankruptcy law, Escom is able to sell off its assets free of liens and other burdens.  Sedo.com is conducting the auction.   Escom bought the Sex.com domain name for a whopping $14 million, the highest amount ever paid for an Interet domain name.

Submitted by Aaron Goldstein on, May/21/2010

CTXM Partners with Cake Network

Curacao, Netherlands Antilles - May 20, 2010 - In a deal that creates a robust, new alliance in online gaming, European based online casino software and white label platform provider CTXM has partn

Submitted by Guest on, May/21/2010

All Bets Off For Leisure & Gaming: Shares Suspended

Italian football fans - and especially followers of José Mourinho's mighty Inter Milan - may have done for Leisure & Gaming, the London-listed bookmaking company, whose shares were suspended t

Submitted by Guest on, May/21/2010

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