Business & Financial

888 Ladbrokes Merger Talks Still Ongoing

Submitted by Guest on, Mar/31/2011

Bwin, PartyGaming Complete Merger: Makes Market Debut

Submitted by Aaron Goldstein on, Mar/31/2011

Online Poker Traffic Falls 3.3 Percent

PokerScout.com reports that eight of the top ten online poker sites lost ground in the past week, contributing to a 3.3 percent decline in overall traffic.

Submitted by Ace King on, Mar/29/2011

Online Gambling Business: Victory Poker Moving to Cereus Network

Victory Poker is looking to make yet another move to another network it seems based on reports surfacing this past week. 

Submitted by Aaron Goldstein on, Mar/28/2011

PokerStars Spokesperson: The $20 Billion Mistake!

Submitted by C Costigan on, Mar/25/2011

Wynn Partnership with PokerStars Would be Win-Win for Both Companies

The Vegas marriages are starting to heat up, only they’re not taking place in tiny little chapels with would be ministers.

Casino giant Wynn Resorts announced Thursday its newly formed alliance with online poker’s biggest firm, PokerStars, following word that the Nevada state regulatory body had approved a similar arrangement between European i-Gaming behemoth 888.com and Caesar’s Entertainment.  PartyPoker and MGM had entered into a similar alliance last year. 

Submitted by C Costigan on, Mar/25/2011

Gambling Business: James Packer Won’t Pursue Vegas Again

The sharp as a sharks tooth James Packer has dismissed a return to the the embattled and politically red hot American gaming market. At least, for the near future, but never say never.

The likable executive chairman of Crown Limited issued the statement in the hard to forget aftermath of the firms horrendous AU$3 billion (US$2.99 billion) expansion into the United States before the global financial crisis. You know, the one that George W's leadership saw in, and the same one that Barack Omama inherited.

Submitted by Greg Tingle on, Mar/22/2011

PokerStars Goes All-In Nevada: Obstacles Are Great

Submitted by C Costigan on, Mar/21/2011

Japan Tsunami And Quake Effect On Gaming In Australia

Submitted by Greg Tingle on, Mar/15/2011

bwin, PartyGaming Merger to be Complete March 31

Submitted by Guest on, Mar/15/2011

Ho Family Reaches Settlement Over Macau Gambling Empire

A weeks long feud over the Macau gambling empire of billionaire tycoon Stanley Ho has come to an end, at least for now.

Submitted by Aaron Goldstein on, Mar/10/2011

New Jersey Gov. Chris Christie Vetoes Online Gambling Bill

New Jersey Gov. Chris Christie vetoed a bill that would have made his state the first in the U.S. to re-introduce online gambling.

Submitted by Payton on, Mar/03/2011

Revenues Way Up At PartyGaming

PartyGaming has reported a huge rise in revenues for the year 2010.

Revenues rose by 15 percent from 2009 to €357.3m (£300m) to €310.1m, with casino revenues jumping to €151.4m from €136.3m, bingo revenues more than doubling to €51.4m from €22.8m and sports betting climbing to €20.8m from €13.2m. Poker revenues fell to €124.8m from €136.8m.   Pre-tax profits fell to €43.8m from €57.4m.

Submitted by Aaron Goldstein on, Mar/03/2011

PokerStars Abruptly Pulls Branding from North American Poker Tour LA Stop

The world’s largest online poker room, PokerStars, has pulled its branding from the North American Poker Tour (NAPT) Bicycle Casino in Los Angeles. 

Submitted by Ace King on, Mar/02/2011

Sands Las Vegas Under Investigation for Allegedly Taking Bribes

Shares in Sands Las Vegas were down 7 percent on news that the company is under investigation for allegedly taking bribes in Macau.

Submitted by Aaron Goldstein on, Mar/01/2011

Matchbook Sold: Leaves US Market

NOTICE


Submitted by Guest on, Feb/28/2011

Caesars Posts $196.7 Million Loss as Atlantic City Gambling Revenue Falls

By Beth Jinks

(Bloomberg) - Caesars Entertainment Corp., the world’s biggest casino company, reported a fourth-quarter loss after cost cuts and the acquisition of a Las Vegas casino failed to offset declines in Atlantic City, New Jersey.

Submitted by Guest on, Feb/25/2011

Sin City Sydney: Darling Habour Gets Star City Rub

Submitted by Greg Tingle on, Feb/24/2011

Top Online Gaming Authority Will Griffiths Launches “The Level Media”

Former President of DoylesRoom, Chief Marketing Officer of Poker Sites Absolute Poker and UltimateBet, launches iGaming-focused marketing agency

Submitted by Guest on, Feb/23/2011

William Hill Granted Injunction Against Playtech

The United Kingdom’s largest bookmaker, William Hill, has been granted an injunction against one of online gambling’s largest software providers, Playtech.

Submitted by Aaron Goldstein on, Feb/23/2011

Breaking News

The Impact of Gambling on Local Economies

Gambling is one of the fastest-growing sectors in the digital entertainment industry, bringing significant economic benefits to many regions. Although the impact of casinos on the local economy can be evaluated from various perspectives and viewpoints, it can be clearly stated that it has significant positive aspects.

New Trends in Live Casino Technology

Visitors comparing the best live casinos online will immediately notice that today’s tables look nothing like the grainy webcam streams of the mid-2010s.