Business & Financial
Gaming Stocks Hammered in Australia
Readers... er, punters... think you may be down bit at the local casino, online casino, or perhaps your investment stocks and bonds?
Paddy Power Profits
DUBLIN - (Reuters) - Irish bookmaker Paddy Power (PAP.I) said sports results so far this year had gone its way and Internet
Crown Casino In Sponsorship Talks With Melbourne Storm
Casino entrepreneurs, insiders, outsiders, punters and everyone one else...
Ladbrokes CEO Promises Turnaround
Ladbrokes new CEO Richard Glynn has promised a swift turnaround for his company following news of a 6 percent drop in net revenue. Glynn joined the company in last month.
"In recent times the strength of our brand has diminished. In online and offline areas, we feel the need for Ladbrokes to regain its primacy," CEO Richard Glynn told the Wall Street Journal "We will be looking at every area of the business. We will be leaving no stone unturned," Mr. Glynn said, without elaborating.
Bwin Takes Hit With Online Poker
The popular Austrian betting firm Bwin reports it witnessed a 17 percent drop in revenues from its online poker room (called Bwin Poker). Bwin is part of the Ongame network, which itself has seen
EveryMatrix Partners With Cake Poker
In a deal that will create a strong new alliance in online gaming, Malta based sports betting white label service EveryMatrix has partnered with the
City Center Las Vegas Continues to Struggle
MGM Mirage's CEO stated that despite operating losses and a write-down on its CityCenter joint venture, the casino operator has solid plans to attract more customers to struggling Las Vegas.
The company's plans have long centered around CityCenter, the $8.5 billion complex of resorts, restaurants, entertainment, retail shops and a casino it built with Dubai World, which opened in December. And state and local leaders have looked to CityCenter as a must-see attraction that will provide jobs and renewed motivation for visitors to come.
Paddy Power Receives 400 Complaints Filed With ASA
Irish bookmaker Paddy Power is no stranger to the ire of the Advertising Standards Authority (ASA). But this time the cat may have used up its nine lives...literally.
Microgaming Announces Joint Venture with 888 Holdings
Microgaming, the world's largest provider of online gaming software, has announced a joint venture with 888 Holdings plc which, subject to the necessary licence approvals, will deliver a French Pok
Steve Wynn Splits With Girlfriend Andrea Hissom
On the heels of what many believe will be the most expensive divorce ever, hotel developer magnate Steve Wynn h
US National Casino Gambling Revenue Down
National gross gambling revenues fell to $30.7 billion in 2009, a decrease of 5.5 percent from 2008.
Unemployment Up to 9.9%: Betting Market Grim Forecast
The economy added a net 290,000 jobs but that didn't stop unemployment from going up to 9.9% from 9.7% last month.
Sabotage Not Ruled Out In Wall Street Plunge: Bettors React
President Obama has not ruled out sabotage in Thursday's shocking near 1,000 point loss on the Stock Exchange after rebounding later in the day.
The president announced Friday morning that a full review is being conducted, and Gibbs said Obama is waiting to hear the results of a review before ruling out what might have caused it, including the possibility of sabotage, The Hill reported on Friday afternoon.
Chinchilla Hopes to Tax Online Gambling in Costa Rica
The first female President of Costa Rica, Laura Chinchilla, looks to raise money by taxing that Central American nation's expansive online gambling business. Most of the North American facing onl
Greece Economic Crisis: Why US Faces Big Fat Greek Bankruptcy
Wayne Allyn Root, the 2008 Libertarian Party Vice Presidential nominee and frequent contributor to the Gambling911.com website, chimes in on the economic crisis in Greece and why he thinks America
Oil Dome Odds Not Good Say Bookies
It has never been done before. A giant dome being submerged a mile into the Gulf of Mexico's waters in order to try and cap a gigantic oil leak. The odds from
MGM Mirage, Sands Corp Report Earnings
MGM Mirage released earnings for the first quarter of 2010 prior to the Stock Market opening Thursday morning.
Bingo.com Closes $2,250,000 Private Placement from Unibet
Bingo.com, Ltd.
Las Vegas Sands Corp to Announce 1st Quarter Results
Las Vegas Sands Corp.
Bet911 Five Minutes of Fame Over: Book is Insolvent
A small and poorly capitalized online sportsbook appears close to shutting down. Bet911.com, which quite obviously attempted to capitalize on the Gambling911.com name but was never permitted to a
Macau Gambling Revenue Hits Record
(Reuters) - Gambling revenue in Macau in April surged 70 percent from a year earlier to a record, Royal Bank of Scotland (RBS) (RBS.L) said, underscoring sustained growth in the world's largest and
William Hill to Bid for Centrebet
The United Kingdom's second largest bookmaker, William Hill, is looking to acquire Australia's second largest privately held bookmaker, Centrebet.
Centrebet originated from Alice Springs, Northern Territory and was the first bookmaker to be licensed in Australia in 1993 and the first bookmaker to go online in the Southern Hemisphere. Centrebet was acquired by its biggest domestic rival, the SportOdds Group in 2003 for the sum of AUD$46.55 million. In 2005, SportOdds merged its Centrebet, SportOdds.com and SuperOdds.co.uk businesses into one entity, known as Centrebet.
Match Fixing a “Cancer” Killing Snooker: BetFred Hurt Cred?
In the midst of perhaps snooker's biggest scandal of all time, the online bookmaker BetFred.com has found itself caught in the middle.
BetFred sponsors snooker world champion John Higgins, who this weekend it was revealed had shook hands on a disgraceful deal to fix a string of high-profile matches after demanding a £300,000 kickback.
Financial Odds: Which Nation Will Drop The Euro First?
Greece and now Spain look to be in some serious trouble. A total of 3837 people at intrade.com were betting th
Crown Casino To Show Off Underbelly At Logie Awards
Australia's tourism and entertainment icon, Crown Casino, gets to show of its wares on a national and international scale this coming Sunday night, with the TV smash hit 'Underbelly' in line for a
Betting on the Kentucky Derby 2010: 8 Percent Back a Win-Win
When it comes to betting on the Kentucky Derby 2010, Bookmaker.com, the oldest established North American-facing online bookmak
Kentucky Derby 2010: Betting Off to Brisk Start
Kentucky Derby 2010 betting officially kicked off Wednesday following the noon time post position announcements. Trafficwise, Gambling911.com reported a few thousand more unique visitors over las
William Hill Gets Online Sales Boost
(Reuters) - Britain's second-biggest bookmaker William Hill (WMH.L) said it had made an encouraging start to the year, boos
Marina Bay Sands vs. James Packer’s City of Dreams Macau
The land based casino wars continue to heat up, and 'Our James'... Australian James Packer is in the thick of the action.
Packer's Crown Casino faces increased competition down under in Australia from Sydney's revamped Star City, and now Sands has opened in Singapore, in a move that insiders say will lure whales and dolphins away from Crown Macau, but don't underestimate the loyalty to Packer. Many have bet against the Aussie - Asia Pacific casino king before and lost. Media Man and Gambling911 with the story...
Casino Affiliate Programs Dirty Little Secrets Vol. 2
Insiders, punters, media and online casino entrepreneurs, journos and everyone else...
