Business & Financial

Las Vegas Sands to Tap Into Intercontinental Network

Submitted by on, Mon, 10/25/2010 - 21:00

Gambling Shares A Beacon in Tough Economy

While there continue to be few bright spots in the world economy, gambling shares both online and in the Asian gaming Mecca of Macau, continued to defy the trends.

3^rd quarter results this past week at major online gambling venues and the introduction of betting exchange Betfair to the London Stock Exchange with an IPO of $2.84 billion have many investors excited.

Submitted by Aaron Goldstein on, Mon, 10/25/2010 - 05:03

Betfair Shares Start Off Strong

Betfair’s listing on the London Stock Exchange this past Thursday started off with a bang. The company’s shares rose almost 20pc the very first day of trading.

The 10-year-old company and world’s largest betting exchange is valued at £1.6billion, while co-founders Edward Wray and Andrew Black stand to make £18.9m and £16.6m, respectively, from the flotation.

Submitted by Aaron Goldstein on, Sun, 10/24/2010 - 11:28

Star City Casino Tipped For Rename: The Star

Submitted by Greg Tingle on, Sat, 10/23/2010 - 18:48

Australian Media And Gaming Wars: Packer VS Gyngell?

Submitted by Greg Tingle on, Sat, 10/23/2010 - 18:32

Blanca Games Responds to Liquidator Statement in UB.com Purchase

Submitted by Ace King on, Fri, 10/22/2010 - 18:30

PartyGaming Announces 3rd Quarter Results: Poker Sales Fall

Submitted by Aaron Goldstein on, Fri, 10/22/2010 - 07:45

Paddy Power Poker Chip Stack Makes Guinness World Record Book

Submitted by Jagajeet Chiba on, Thu, 10/21/2010 - 11:27

William Hill 3rd Quarter Revenue for 2010 Way Up

Submitted by Aaron Goldstein on, Thu, 10/21/2010 - 11:00

Betfair IPO Values Online Gambling Market at $1.3 Billion

Submitted by on, Wed, 10/20/2010 - 20:07

Bookmaker Wrong on Back To The Mac Event “Lion”

Bookmaker.com, which garnered plenty of good press on Tuesday with its odds on the “Back to the Mac” event, will have to pay out money on one of its offerings.

Submitted by Aaron Goldstein on, Wed, 10/20/2010 - 15:52

Australian James Packer Expanding Gambling, Media Interests

Submitted by Greg Tingle on, Wed, 10/20/2010 - 12:18

Apple’s “Back To The Mac” Event Odds Posted

Submitted by Aaron Goldstein on, Tue, 10/19/2010 - 12:01

Online Sportsbooks Get Beaten Badly in Week 6 of NFL: Eagles Save Day

Submitted by C Costigan on, Tue, 10/19/2010 - 09:55

Harrah’s Confirms They Are Going Public Again

Submitted by on, Tue, 10/19/2010 - 09:25

Bookmaker: Children’s Place, Aeropostale Most Likely to be Bought Out Next

Submitted by Aaron Goldstein on, Fri, 10/15/2010 - 12:34

Crown Casino Strike Averted

A CASINO worker strike planned during Melbourne's busy Caulfield Cup has been averted.

Submitted by Greg Tingle on, Fri, 10/15/2010 - 11:40

Lender HBOS Played Major Role In Lending to Struggling Casino Sector

Submitted by C Costigan on, Fri, 10/15/2010 - 04:47

Tiger Woods, Roger Federer Management Sued Over Gambling

Submitted by Aaron Goldstein on, Wed, 10/13/2010 - 20:46

Online Poker Traffic Rises Another 1.4 Percent This Week

Submitted by Ace King on, Wed, 10/13/2010 - 20:27

Sportingbet Partner Wants Greece Online Gambling License

Submitted by Aaron Goldstein on, Wed, 10/13/2010 - 11:39

Crown Casino Strike To Cost Millions?

Submitted by C Costigan on, Tue, 10/12/2010 - 19:41

Leisure & Gaming Only Trying to Sell Betshop

(SHARECAST) - Hard-up online betting group Leisure & Gaming has confirmed it’s in talks to sell trading subsidiary Betshop Group (Europe) Limited, not the whole company.

"Further to the announcement of yesterday, the company confirms that it is in discussions re the sale of its trading subsidiary, Betshop Group (Europe) Limited, only and is not seeking or expecting any offers for Leisure and Gaming plc," it said in a statement Tuesday.

Submitted by on, Tue, 10/12/2010 - 12:24