Business & Financial
World Poker Tour Up For Sale Reports Wall Street Journal
The Wall Street Journal on Monday featured a story that claimed "It was a good bet that the World Poker Tour is up for Sale".
New Jersey Economy Can Be Helped by Sports Betting
The state of New Jersey desperately needs a boost to help its troubled economy... and so too does its Governor, Jon Corzine.
Odds Look Good For Gamblers
Javier Espinoza, Forbes.com
LONDON -- Despite warmer weather and tough economic conditions, sofa spuds are still playing high rollers in virtual casinos. On Thursday online gaming firm PartyGaming, reportedly a takeover target of Nasdaq-listed rival Gigamedia, saw a jump in shares as much a 7% after it said trading in the second quarter has been robust with revenues in line with the first quarter.
British Open Betting a Cure for the Recession Blues?
The British Open ranks as the most bet on event in the United Kingdom. The popular golf tournament begins Thursday July 16.
Centrebet Expects Strong Growth in Coming Year
Teresa Ooi, The Australian
Mohegan Sun, Foxwoods Launch Ad Campaign Targeting New Jersey
TAMARA AUDI, Wall Street Journal
Paddy Power One Step Closer to Entering US Market
The Irish Examiner reported Tuesday that Ireland's biggest - and the United Kingdom's third largest - bookmaker, Paddy Power, is now poised to enter the lucrative U.S.
NordicBet to Partner with Ivobank
Norway's most popular Internet-based gaming site, NordicBet.com, announced today that it is partnering with UK-based Ivoban
Smallest Starting Day Since 2003 for a WSOP Event
Has the recession hit the 2009 World Series of Poker? It sure seemed that was the case after Saturday's starting field attracted the smallest number of participants since 2003.
873 players took to the table including the likes of Gambling911.com friend Doyle Brunson, Amarillo Slim, Greg Raymer, Chris Moneymaker and Chris Ferguson. That number still surpasses the total who played in 2003, which was 839. This was also the year that Chris Moneymaker won and helped to kick start today's poker craze. The following year attracted 2576 players.
Gambling Stocks: The Good During This Recession
Alan Farley of the Street.com this week profiled four gambling stocks.
Goodbye Guy, Hello Obama? Goodbye Full Tilt Poker
Guy Laliberte, founder of billion dollar entertainment company Cirque du Soleil has disappeared off the Full Tilt radar.
Casinos Shut Down in Russia
The Kremlin has ordered all casinos shut down. The resulting impact: Some hundreds of thousands of people out of work.
Russia has offered four locations throughout the country in which the casinos can move to, none of which are equipped to handle the businesses just yet. All are approximately 4000 miles away from Moscow in luxury locales such as the North Korean border or Siberia.
How Internet Gambling is Keeping Wall Street Rich
Using skills honed on the Street, he's turned poker into just one more exotic financial transaction.
Economy Really Affecting 2009 World Series of Poker?
There was great buzz during the initial week of the 2009 World Series of Poker as record participation had been declared for certain events.
William Hill closer to moving online trade offshore
The odds on William Hill moving its online and telephone betting business offshore have shortened.
Online Gambling Operators May Want to Leave Antigua Now
In a report that came out Thursday, it was revealed that online gambling companies operating out of Antigua have now come under intense scrutiny following the country's financial regulatory body's
Tax Firms Warn IRS Cracking Down on Offshore Monies
Tax firms are now scrambling to comply with stricter regulations that require any clients who maintain monies offshore must file the proper forms and claim every last penny. And this applies to t
Antigua Police Arrest Bank Regulator Tied to Stanford
By Evan Perez, www.wsj.com
Paddy Power Hurt By Lucas Glover
While Gambling911.com reported yesterday that its friends over at Sportsinteraction.com ha
Harrah’s Believes They Will Have Success in Online Gambling
MGM tried and failed to enter the online gambling market several years back. Like MGM, Harrah's has planned to start offering its Internet gambling product in Europe where it will compete head on
Allen Stanford Paid Bribes to Antigua Official
In a revelation that has sent shockwaves through the online gambling sector of Antigua, news broke that the Caribbean nation's top bank regulator had been paid $100,000 by Allen Stanford to conduct
Casino Tropez Does Not Associate With White Supremacists
In an official statement released by CasinoTropez.com, the online gaming site denies ties to white supremacist murderer James W. von Brunn.
Gambling Shares Up, Sportingbet a BUY
As Prime Minister Gordon Brown continues to cling on to power - despite dismal European election results and further resignations - bookmaker Paddy Power was offering odds of 8/1 that he'll be de-t
Bodog Domain Moves Back to Bodog.com
After having lost their original domain name for two years, Bodog is back....Actually, Bodog.com is back. The site is estimated to have lost significant busine
Fontainebleau Las Vegas in Chapter 11: Ceiling Collapses at Miami Hotel
Fontainebleau Las Vegas, a $3 billion resort project on the Las Vegas Strip, filed for bankruptcy-court protection late Tuesday, the project's owners said.
William Hill in Rogue Online Casino Flap
Following a joint partnership deal with online casino giant, Playtech, late last year, it turned out that Great Britain's second largest bookmaker may have inherited a few "rogue" online
Is Facebook Compliant With US Online Poker Laws?
A very interesting debate is underway revolving around what does and what does not constitute gambling. Facebook and MySpace are the world's two most recognizable social networks, and each of the
Minnesota Drops "Black List" Blocking Order in Settlement with iMEGA
An order to Internet service providers to enforce a
"black list" of Web sites has been rescinded by the Minnesota
Good Odds Paddy Power Has Backed a Winner
BOOKIE turned boardroom protagonist Mark Read could walk away with $11.6 million stashed in his bag after Ireland's biggest online betting and gaming provider, Paddy Power, lobbed a 60¢-per-share
Sportingbet to Focus More Heavily on UK Market
The Financial Times reports that
