Business & Financial

Antigua Plan of Action to Preserve Financial Stability

ST JOHN'S, Feb 18 (Reuters) - Antigua and Barbuda's minister of finance and economy said on Wednesday the twin-island Caribbean state was scrambling to shore up its banking system after potentially

Allen Stanford Fraud Case Could Mar Online Gambling Hub

The tiny Caribbean nation of Antigua has done most things right.  They have cooperated with other international governments in order to ensure their banks were in compliance as a means of cracking

Republican Senator Jon Kyl Pork: Good for Port Security

In a briefing with several of his colleagues, Republican Arizona Senator Jon Kyl called the Obama Economic Stimulus bill "a stinking, bloated, quivering pile of liberal pork."  Yet amaz

Las Vegas Mayor Wants Apology From Obama

Las Vegas' colorful mayor, Oscar Goodman, wants President Barack Obama to apologize for saying that companies shouldn't visit Las Vegas using tax payers money.

"What's a better place, as I say, than for them to come here," Goodman told KLAS-TV. "And to change their mind and to go someplace else and to cancel _ and at the suggestion of the president of the United States _ that's outrageous."

California Wants Legislation Making Online Poker Legal

California lawmakers are working to pass a measure that would legalize online poker.  The state, which has been among the hardest hit by the current recession, would welcome some already existing

Bookmaker Not Hurt by Recession: Opening 80 More Shops

Paddy Power, Ireland's biggest bookmaker, plans to expand into Scotland with the opening of 80 more shops by 2011 with a stg£16m investment.

Michael Phelps Might Need to Become a Poker Pro… Fast!

Olympic gold medalist swimmer, Michael Phelps, was dropped by one sponsor this past week following the fallout of his "marijuana" usage at a party this past fall.

Kellogg Co became the first major consumer firm to terminate an endorsement relationship with Michael Phelps. The world's largest cereal maker said on Thursday it would not extend a contract with Phelps, who won 8 gold medals at the Beijing Olympics last summer.  The company said the Phelps "bong incident" was inconsistent with its public image.

Pennsylvania Wants Video Poker Legalized to Pay for College Tuition

(Associated Press) Gov.

888 Holdings 4th Quarter Figures Bad, January Good

The online poker craze appears to be going off the boil judging by 888 Holdings's fourth quarter figures, though the online gaming firm said its full-year 2008 earnings should meet

World Economic Crisis Digs Deeper Into Poker World?

Gambling911.com has reported in recent weeks on big name poker players who appear to be getting hit by world economic crisis. 

Wells Fargo Cancels Trip to Vegas

After intense pressure in the media, Wells Fargo Bank has decided to cancel a highly publicized trip next month to Las Vegas for employees as part of a gambling excursion.  Many charged the financ

Steelers Win and Failure to Cover Best Scenario for Books

"It was the best-case scenario for us to have the Steelers win and not cover," Hilton Sportsbook Director, Jay Kornegay told the Las Vegas Review Journal Monday.

For online sportsbooks, nearly 80 percent of the money line action was on the Arizona Cardinals to win outright.  Betting on the Pittsburgh/Arizona spread was relatively even but for many books, the amount of bets taken favored the Steelers.

Recession Has No Effect on 2009 Super Bowl Betting: Records Broken

There was a bright spot heading into this new week amidst what is otherwise a dark abyss known as the world economic meltdown.  The 2009 Super Bowl has been deemed a success despite an economic re

2009 Super Bowl Betting Not Hurt by Financial Crisis

Slightly more money was brought in on this year's multi-million dollar Super Bowl ad spots than last year, the parties are still taking place and of course 2009 Super Bowl betting will go on as it