Business & Financial

Harry Reid Draft Bill for Internet Poker Targeted for Spending Bill

Submitted by Aaron Goldstein on, Dec/12/2010

Australia: QLD Bank Compared To Gambling!

Submitted by Greg Tingle on, Dec/11/2010

John Stossel Loves Harry Reid’s Internet Poker Bill

Submitted by C Costigan on, Dec/09/2010

Tingle: Tabcorp Casino Chips Center of Drug Investigation

Submitted by Greg Tingle on, Dec/09/2010

Small Vegas Casinos Balk At Reid Plan To Allow Online Poker

Submitted by Aaron Goldstein on, Dec/08/2010

Asian and Australia Gambling Market Could Surpass US in 2014

Submitted by Aaron Goldstein on, Dec/07/2010

Tingle: Mildura Jewel Casino: Impossible Dream?

Submitted by Greg Tingle on, Dec/03/2010

Australian Casino Wars: Star City Official Opening

Submitted by Greg Tingle on, Dec/02/2010

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.

Submitted by Aaron Goldstein on, Dec/02/2010

Wynn Macau Overtakes Sands China

Submitted by Jagajeet Chiba on, Dec/02/2010

Betbull Reports Reduced Losses in 2010 So Far

Submitted by Aaron Goldstein on, Dec/01/2010

2014 Super Bowl in New Jersey Could Be Huge For State Sports Betting

Submitted by Alejandro Botticelli on, Dec/01/2010

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.

Submitted by Jagajeet Chiba on, Dec/01/2010

MGM China Hong Kong IPO Likely in 1st Quarter 2011

Submitted by Aaron Goldstein on, Nov/30/2010

Crown Limited AGM: Rev Up 6%, Hit By Singapore

Submitted by Greg Tingle on, Nov/30/2010

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.

Submitted by Ace King on, Nov/29/2010

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.

Submitted by Aaron Goldstein on, Nov/27/2010

Gambling.com Domain Up For Sale

Submitted by Aaron Goldstein on, Nov/25/2010

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.

Submitted by Guest on, Nov/24/2010

New Jersey Senate Also Approves Internet Gambling Bill

Submitted by C Costigan on, Nov/22/2010

Carrie Stroup Red-Faced After Bookie Bludgeoning

Submitted by Payton on, Nov/22/2010

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.