Business & Financial

Online Poker Traffic has Full Tilt Catching Up

While PokerStars remains light years ahead of its closest competition in the world of online poker, Full Tilt Poker is in a much better position now compared to where PokerStars was when they once

Submitted by Ace King on, Nov/16/2009

Las Vegas Stripper Mobile Raises Safety Concerns

A Las Vegas Stripper Mobile has commissioners up in arms.

Submitted by Jagajeet Chiba on, Nov/13/2009

Merge Poker Players Now Getting Paid Through PIC Club

Good news for those online poker players caught in the middle of a high profile payment feud between the Merge Online Poker network and PIC Club Poker, a payment platform.  These players are final

Submitted by C Costigan on, Nov/12/2009

Pacquiao/Cotto Fight Could Help Vegas Economy

It's the fight everybody has been waiting for:  Pacquiao/Cotto will pack them in.

Submitted by Jagajeet Chiba on, Nov/12/2009

MahjongTime Online Casino Affiliate Program Closes

Income Access sent out an ominous message to its members on Wednesday, warning them that they have severed ties with the MahjongTime online casino affiliate program.  They cite "payment conce

Submitted by C Costigan on, Nov/11/2009

Churchill Downs to Buy Youbet.com for $126.4 Mil

(Reuters) - Racetrack operator Churchill Downs Inc (CHDN.O: Quote, Profile, Research, Stock Buzz) agreed to buy Youbet.com Inc (UBET.O: Quote, Profile, Research, Stock Buzz) in a deal valued at $12

Submitted by Guest on, Nov/11/2009

Aced.com Online Poker Room Can’t Pay Players

Online poker players appear to be in the line of fire of a highly publicized payment dispute between money processing platform PIC Club Poker and the Merge Poker Network.

Gambling911.com has obtained an email correspondence between one of Merge Poker's online sites whereby a customer is told flat out they cannot pay him.  The online poker room in question is Aced.com, which operates on the Merge network.

Submitted by C Costigan on, Nov/11/2009

PartyGaming Gets Ready for Return to US

ONLINE gaming group PartyGaming said yesterday it had completed the acquisition of the World Poker Tour brand, positioning itself for a return to the US market when legislation allows it.

Submitted by Guest on, Nov/10/2009

Bookie Pounded by Punters

Punters got the better of bookmaker Stan James last year with the chain showing a £285,800 loss against a profit of £2.8m in the previous year.

Submitted by Guest on, Nov/08/2009

PIC Club CEO Chuck Kidd Letter to Poker Players

In case you haven't been following the drama on Gambling911.com for the past week, online poker payment platform PIC Club Poker has been involved in a heated exchange with Merge Poker network over

Submitted by C Costigan on, Nov/08/2009

Online Poker Regulation Could Mean $41 Bil. For US

As the clock continues to tick, inching closer and closer to the official December 1st compliance deadline for the Unlawful In

Submitted by Guest on, Nov/06/2009

Liverpool Boots Ladbrokes With Online Sportsbook 188Bet

Asian online sportsbook operator 188Bet has replaced the United Kingdom's largest bookmaker as sponsor for Liverpool FC according to reports.

Submitted by Alistair Prescott on, Nov/05/2009

Online Sportsbooks: Yankees Win No Real Loss for Bookies

Sure it stung a little, by default the betting public will wager on the New York Yankees winning a World Series from the start of the regular season straight on through.  But in this series, the P

Submitted by C Costigan on, Nov/05/2009

Merge Poker Claims Contract With PIC Club Severed

Merge Poker is claiming they are no longer obligated to pay funds to PIC Club after severing their contract agreement.  PIC Club is a payment platform that has stated Merge owes over $100,000 in f

Submitted by C Costigan on, Nov/04/2009

Merge Poker Network Stiffing Vendors

The struggling Merge Poker Network reportedly owes $160,000 to a poker payment platform, PIC Club, Gambling911.com can reveal today.  PIC Club has been trying to get its money since July and final

Submitted by C Costigan on, Nov/03/2009

MGM to Report Financial Results Thursday

Investors are regaining their interest in casino and hotel companies now as they sense that the economy is turning around.

Submitted by Guest on, Nov/03/2009

Las Vegas Sands Loses $123 Mil in Third Quarter

Las Vegas - Associated Press - Casino operator Las Vegas Sands Corp.

Submitted by Guest on, Oct/29/2009

World Poker Tour Acquisition Offer

Mandalay Media, Inc. (OTC Bulletin Board: MNDL) today announced that it has

submitted a proposal to the Board of Directors of WPT Enterprises, Inc.

Submitted by Guest on, Oct/29/2009

Bodog Europe Could Buy Tote

Victoria Bates of City AM reported exclusively on Thursday that Bodog Europe is lining up to potentially by the Tote, just weeks after the government put the bo

Submitted by Jagajeet Chiba on, Oct/29/2009

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Submitted by Payton on, Oct/27/2009

Betfair, William Hill Going to Enter India

By James Thompson

Tuesday, 27 October 2009

www.indepent.co.uk

Britain's biggest betting companies are bidding for the first online gambling licence in India to gain a slice of the country's $60bn (£37bn) betting market. The high-street bookie William Hill, along with internet players Betfair and Bwin, are bidding for the internet licence in the Himalayan state of Sikkim in early September. A decision is expected in the next two weeks.

Submitted by Guest on, Oct/27/2009

Online Poker: PIC Club Merge Purge

PIC Club has dissolved its relationship with the Merge Poker Network over the past several days according to numerous reports across the Net.  Merge is best known for its "pot-friendly"

Submitted by C Costigan on, Oct/26/2009

PartyGaming Slumps as Founder Dikshit Sells Stake

Jonathan Browning Reporting...

Submitted by Guest on, Oct/20/2009

Harrah’s Hires Former Disney Exec

Peter Murphy, a confidante of Michael Eisner while he ran Walt Disney Co. (DIS), has been hired as strategy and development chief for Harrah's Entertainment Inc.

Gary Loveman, chairman and chief executive of the debt-laden casino operator, sees Murphy helping as the company continues "to identify areas for future growth and to explore opportunities created by current economic conditions."

Submitted by Guest on, Oct/19/2009

William Hill Profits Unaffected by Football Results

British bookmaker William Hill said profit expectations at its retail business had been unaffected by a run of punter-friendly football results.

Submitted by Guest on, Oct/19/2009

Big Stick Media Shuts Its Vegas Office

Big Stick Media Corporation ("BSM" or the "Company") (TSX VENTURE:BSM) announces today that it has ceased the operations of its wholly-owned subsidiary, National Sports Services

Submitted by Guest on, Oct/19/2009

Cryptologic Warns of Revenue Drop

Online gambling software firm Cryptologic has said it expects to report a 31 percent year-on-year fall in the third quarter of 2009 with revenue dropping to US$9.6 million from US$14 million last y

Submitted by Guest on, Oct/16/2009

PartyGaming Confident About 3rd Quarter Revenue Rise

LONDON, Oct 15 (Reuters) - Online gambling firm PartyGaming (PRTY.L) said on Thursday it was confident about its full-year prospects, having made a strong start to the fourth quarter.

PartyGaming said its total revenue rose 11 percent to $112.7 million in the third quarter from the previous quarter, despite it normally being a weak period for the industry as players take their summer holidays.

Casino revenue climbed 2 percent to $49.2 million.

Submitted by Guest on, Oct/15/2009

Betfair will offer U.S. pools overseas

By Matt Hegarty, Daily Racing Form

Submitted by Guest on, Oct/14/2009

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.