Ladbrokes Axes Senior Managers, Sees 7 Percent Profit Loss
“In recent times, the strength of our brand has diminished. We feel the need to regain our primacy.”
Recession Hits Sports Tout Business as Sevransky Home Goes Into Foreclosure
IMEGA vs. Holder - Federal Defendant's Motion to Dismiss
IMEGA vs. Holder - Federal Gov. Motions to Dismiss, August 2, 2010
GoDaddy.com Sued for $100 Million in Aiding Michael Jackson Online Casino
The popular registrar GoDaddy.com is being sued for its allowing a company to register the MichaelJackson.com online casino, according to TMZ.com.
GoDaddy.com is being pursued by Howard Mann, who claims he owns the copyright to photos features on the Internet casino website, which remains up as of press time Tuesday morning. The mystery owner registered through GoDaddy.com, according to the suit.
Las Vegas Sands Corp Booming Asia Business: Shares Rise 2.3 Percent
Shares in Las Vegas Sands Corp (LVS.N) posted a better-than-expected quarterly profit last week thanks to its new Singapore resort and gambling in Macau.
Sands, whose shares rose 2.3 percent in morning trading, earned 17 cents a share in the second quarter after adjusting for one-time items. Analysts on average expected 9 cents a share, according to Thomson Reuters I/B/E/S.
Net revenue rose nearly 51 percent to $1.59 billion.
"They had a monster quarter," said Sanford Bernstein analyst Janet Brashear.
European Online Gambling Firms Want Into U.S. Market: Hopes Are High
Nearly all European online gambling firms, including the poker sites, have shied away from the U.S. market for the past 3 years following passage of the Unlawful Internet Gaming Enforcement Act (UIGEA) back in October 2006. The first step towards appealing that law took place Wednesday with a markup in a House subcommittee. Now it’s off to the House and Senate where further amendments are likely.
Las Vegas Sands Corp, Playtech Report Results
The Las Vegas Sands Corp. consolidated second quarter adjusted property EBITDA increased by 91.2% to record $473.5 million on record net revenue of $1.59 Billion.
Pennsylvania Gambling Beats Out Las Vegas, Atlantic City
No wonder Atlantic City is suffering, Pennsylvania is making quite an impact on the gambling scene, at least if collected taxes act as an indicator.
New York Times: States Addicted to Gambling
The New York Times featuring a report Monday regarding individual states desire to boost their economies through gambling, New Jersey included.
Australian Gambling News July 25, 2010
Readers er punters, the Australian connection between casinos, gaming and politics had never been so hot. Aussie politicians and campaigners continue to battle for your mind (and vote), headlines and the whole box and dice. Media Man and Gambling911 deliver the uncensored news (full strength caffeine in Google speak) you need to know, not always what you want to hear. Here's your weekend fix my friends...
James Packer Family Spotted In Barcelona...
Pennsylvania Gets Casino Games: Atlantic City's Death Knell?
Legal poker was played for the first time in the State of Pennsylvania this week as table games came to the state's casinos.
William Hill “Worst Ever Royal Ascot” Blamed for Poor Profit Margins
William Hill continues to hint at moving its telephone business offshore following dismal results over the past year compared to its online arm.
"Poor horse racing results" led to a 33% fall in net telephone revenue, with a statement from Hills explicitly pointing out: "The board has previously noted the challenge of competing with UK betting exchanges and Irish offshore telebetting operators, all of whom have benefited from significant tax and cost advantages over UK bookmakers. The situation is under active review."
Cake Poker Launches Four New Online Poker Rooms
Cake Network is proud to announce the official launch of five new partner sites to the network - Broadway Tables, PokerXRC, WingsPoker, Unleashed Poker, and Come On.
