Business & Financial
888.com to Buy Bingo Company for £60 Mln
LONDON (Reuters) - Online gaming firm 888 <888.L> has agreed to acquire Wink Bingo from Daub Ltd for up to 59.7 million pounds and said current trading had remained strong and in line with ex
Ladbrokes Gives Italy Another Shot With Online Poker
Having failed in its attempt to set up land-based betting shops in Italy, the United Kingdom's biggest bookmaker will try once more by marketing its online poker and casino platform to the country.
World Series of Poker 2010 New Schedule Scrutinized
Not everyone is happy about the 2010 World Series of Poker schedule that was released this past we
Slow Pay, No Pay Online Sportsbook Skybook.com
Gambling911.com has received information that the long established but troubled call center sportsbook, Skybook.com out of Costa Rica, has been slow paying or "no paying" some of its clie
Facebook to Ban Online Gambling Ads
The popular social networking website Facebook.com has come under fire this week for its updated privacy policy, much of which is an attempt to bring additional exposure to the site's advertisers.
Las Vegas, Travel Industry Worried Over State Tax Hikes
The travel industry, including a reeling Las Vegas, has its battle plans drawn.
Setback for Online Gambling Companies in Europe
By Nikki Tait in Brussels
Everest Poker Acquired
Mangas Gaming, the leading French sports betting and online gaming group, owner of Betclic, announces that it is taking control of the Everest Gaming group.
Next Big Sponsor to Drop Tiger Woods?
Irish bookmaker Paddy Power has posted odds on the next sponsor to drop Tiger Woods. And the winner is: AT&T, at least when it comes to favorites.
Cryptologic May Get Into Sports Betting Industry
Long established online casino software provider, Cryptologic, is on the verge of entering the sports betting realm.
The company looks to sign a deal with multi-national Internet sports betting operator Betclic and is preparing to launch a series of new games in partnership with multinationals DC Comics and Paramount Digital Entertainment.
PartyGaming, BWIN in Merger Talks
LONDON (Reuters) - Online gaming firm PartyGaming (PRTY.L) is in merger talks with Austrian rival bwin Interactive Entertainment (BWIN.VI) in a deal that could create an internet gambling giant, ac
More Information on CNBC’s Upcoming Gambling Program
Mark your calendars Gambling911.com readers. Next Wednesday December 16, 2009 CNBC will present its original program "CNBC Investigates: The Big Business of Illegal Gambling". Until
Asian Casino Magnate Stanley Ho Recovering Nicely
Macau casino magnate Stanley Ho, who has been hospitalized for the past four months, is likely to be discharged shortly.
Lenders Take Over Atlantic City Casino
By WAYNE PARRY Associated Press Writer
Don't pay your mortgage, and eventually the bank will own your home.
Playtech’s Share Price Dips, Announces Acquisition
(Reuters) - Shares in Playtech (PTEC.L) dip 1.8 percent to 411 pence after Numis cuts its rating on the online gambling softw
Wall Street Traders Go All In For Poker
As poker stars go, Burt Boutin isn't the best known.
European Online Poker Operators Need to Prepare for US Market
The European online poker operators must be prepared to do business in the US market space should it open, perhaps as early as later in 2010.
This was the observation made by the bosses of PKR and PokerStrategy.com this week during an industry conference in London.
Bookies Make Out Like Bandits Week 13 of NFL
The online bookmakers won nearly all the games vs. the betting public on Sunday Week 13 of the regular NFL season, including two of the biggest games.
PIC Club Poker Posts 9.1 Percent Dividend for Users
The online poker payment platform, PIC Club, has posted a 9.1 percent dividend for users, according to CEO Chuck Kidd.
Ron Paul Wants Scrutiny of the Federal Reserve
One of the most spoken about bill being proposed on the House floor these days is co-sponsored by Texas Republican Ron Paul and opposed by Democratic chairman of the Financial Services Committee, B
Does a Twitter a Day Mean Apple Will Pay?
With the Holiday Season upon us, speculation regarding tech gift sales are at an all time high. With that in mind, the odds specialists at the largest most successful sportsbook on the web, BetUS.com posted odds on what is in store for Apple in 2010 including angles on a potential Twitter buy-out, Steve Jobs' role and much more. "We always see a lot of action on holiday sales around this time of year," stated BetUS.com spokesman Reed Richards. "And interestingly enough, the trend has been that people like to bet on Apple.
Binions Closing Las Vegas Hotel, Casino Remains
LAS VEGAS - (Associated Press) The owner of an iconic downtown Las Vegas hotel that hosted the World Series of Poker for 34 years will close the property's hotel rooms, coffee shop and keno operati
Las Vegas Sands Eyes Japan, Thailand
HONG KONG (TheStreet.com) -- Las Vegas Sands(LVS Quote) is eyeing further expansion
Las Vegas Rebound Riding on $8.5B CityCenter
LAS VEGAS - (Associated Press) - Sin City is pinning its biggest bet ever - $8.5 billion - on a 67-acre, six-tower complex of striking hotels, gourmet restaurants, swank shops and a single casino t
Youbet Churchill Downs Deal May Not Go Through
At least five different shareholders of the horse racing website YouBet.com Inc. have expressed disillusion over a proposed merger with Churchill Downs, Inc.
Charles Proctor of the Los Angeles Business Journal reports that these individuals have filed lawsuits in Los Angeles Superior Court alleging that Churchill Downs is underpaying for the Burbank-based company.
Sands China Down 10 Percent
HONG KONG, Nov 30 (Reuters) - Sands China's (1928.HK) weak stock market debut in Hong Kong on Monday signals a lack of investor appetite for a casino gaming company with a high valuation and an unc
Banks Wanted Delay in Online Gambling UIGEA Reqs Too
It wasn't just the online gambling sector and ally Congressman Barney Frank who wanted a delay to implementation of Web gambling prohibition. The banks made a similar request.
Dubai Debts Fears Hit Casino Industry
Fears over Dubai's announcement that they will be delaying payment of debt has hit casino stocks. News broke on Friday that a possible debt default at Dubai state-owned conglomerate Dubai World D
