Sportingbet to Move up from Aim

By Pan Kwan Yuk

Financial Times UK

Submitted by on,

BetOnLine.com New Ownership Should Keep Ship Afloat

BetOnLine.com has new ownership that's been getting gradually integrated over the past few months and the news is good I, Jagajeet Chiba, can report with blitheness.

Three individuals we know and respect here at Gambling911.com are now involved with the overall management of the company according to various reports.  They are former management from BetOnSports, MVP Sportsbook and Sportsbook.com and I would like for them each to get the recognition they rightfully deserve on the Googles.

Submitted by Jagajeet Chiba on,

Newspaper Industry Looks to Online Gambling to Boost Profits

Mainstream newspapers in Australia and the United States are starting to plug into the streets paved with gold - online gambling, following the lead from our United Kingdom based media mates.

Media Man and Gambling911 probe the situation in an Aussie - Yankee double investigation, with earlier indicators showing that newspapers are seeing the "green", following the money trail to gambling, be it in AUD, USD, GBP or monetary other denominations.

Submitted by Greg Tingle on,

Online Sportsbooks Mean Big Business For Online Poker

Some in the online poker community choose to brandish sports betting as "shady" and "not as important in the whole scheme of things" when it comes to the online gambling sector.

Submitted by Ace King on,

Steve Wynn Divorce Among Most Expensive

Steve Wynn's $1 billion divoce may be the most expensive ever, at least according to Wynn.  He and his wife Elaine split their 38 percent stake in Wynn Resorts Ltd.  Elaine walked away with $955

Submitted by on,

Betfair Closer to IPO

We haven't seen many IPOs in the online gambling sector in recent years.  That may be about to chance as Betfair reportedly prepares to go public.

Betfair has hired Morgan Stanley director Mark Brooker as head of strategy, according to EGR Magazine. It is the first in a series of anticipated moves prior to the potential £1.5bn flotation.

Submitted by Alistair Prescott on,

Donald Trump Gains Control of Casinos

Donald J. Trump is hoping the third time will be the charm.

As it prepares to exit bankruptcy court for the third time, Trump Entertainment Resorts and its three Atlantic City casinos will be under the control of Mr. Trump and bondholders after a court ruling on Monday.

Submitted by on,

Tiger Woods Return Great for Sportsbooks

LAS VEGAS -- Tiger Woods' comeback to golf has not only been good for ratings, but it's also a big hit with Las Vegas sportsbooks.

Submitted by on,

Crown Casino Faced With Bad PR as Key Event Approaches

In the land "down under" sometimes hard news is kept quite for a while, but invariably the cat gets out of the bag.

Submitted by Greg Tingle on,

Betting on 2010 Masters Breaks Records

Betting on the 2010 Masters traffic has been brisk at Gambling911.com, though it can hardly be seen as rivaling that of the Super Bowl or Oscars (or the upcoming Kentucky Derby for that matter). 

Submitted by Dan Shapiro on,

Cake Poker Network Launches Three New Partner Sites

Popular poker aggregator Cake Network announces three new sites that have joined the Network - JuicyStakes, BeteXpress, and KakuyPoker.

JuicyStakes (juicystakes.com), a casino site popular for its retro design styling and it's unique and copious player promotions, is adding poker to their offerings by joining the Cake Network.

Submitted by on,

Wynn Terminates Philadelphia Deal

A Foxwoods Casino in Philadelphia?  It's not happening.  At least Wynn will no longer be part of the project.

Wynn Resorts, Limited (NASDAQ: WYNN) announced Thursday that Development Associates, LLC, and certain other of its wholly owned subsidiaries have terminated all agreements and negotiations with respect to a potential investment in the Foxwoods Casino project in Philadelphia, PA.

Submitted by on,

Crown Casino Ready for War with Sydney’s Star City

Casino wars are about to explode down under between Sydney (The Blues) and Melbournites (Melbourne).

Submitted by Greg Tingle on,

Online Poker Continues to Grow at Healthy Pace

The worldwide online poker market continues to grow at a healthy but unspectacular pace.

Submitted by Ace King on,

World Series of Poker Being Sued by Everest Poker

Everest Poker, an online poker venture, is suing to get out of a $22.5 million sponsorship deal with the World Series of Poker (WSOP). 

A lawsuit was filed in federal court in Las Vegas on Thursday by Ultra Internet Media S.A. against the Harrah's Entertainment Inc. subsidiary that owns the World Series of Poker.  Ultra is saying they are incorporated under the laws of Nevis, West Indies.

Submitted by Ace King on,

Frank Sinatra Former Casino Latest Vegas Fatality

The roulette wheel has stopped spinning and there is no more blackjack at Frank Sinatra's former casino.

Submitted by on,

William Hill Looks to Boost Market Share: Don’t Hold Your Breath

The UK's second largest bookmaker, William Hill, is looking to increase its marketing share by hiring a new advertising agency, The Bank

Submitted by Jagajeet Chiba on,

Ladbrokes Online Casino Affiliate Program to Withhold Funds

Casino Affiliate Programs April Fools WTF Awards: Ladbrokes "Income Access"

Submitted by Greg Tingle on,

Macau Murder for Hire Tie-ing Las Vegas Sands

Reuters was revealed on Wednesday (local time) the ties to casino gambling in Macau and the underworld of organized crime which threatens to place the Las Vegas Sands in jeopardy. 

Submitted by Alejandro Botticelli on,

Ladbrokes to Hire Top Vet

Ladbrokes, the UK's largest bookmaker, is poised to hire Richard Glynn, chairman of Sporting Index, the spread betting group, as its new chief executive.

Submitted by on,

888.com in Breach of Gambling Act? Goes Off Line

Australia's communication's watchdog is investigating 888.com for an apparent breach of the integrated gambling act.

Submitted by Jagajeet Chiba on,

Macau March Gambling Revenue on Track

(Reuters) - Gambling revenue in Macau reached close to HK$13 billion ($1.68 billion) for the first three weeks of March, on track for a monthly record, underscoring sustained growth in the world's

Submitted by on,

Casino And Adult Entrepreneur Cleared Of Insider Trading

Australians continue to maintain their "Underbelly" like status on a national and international scale.

Submitted by Greg Tingle on,

Visitors are spending less in Las Vegas

LAS VEGAS (AP) - A report finds that Las Vegas visitors spent an average of more than $50 less on gambling in 2009 than the year before.

Submitted by on,

New Bill Allows Licensed AC Casinos To Offer Online Gambling

Sponsored by:

Assemblyman  JOHN J. BURZICHELLI

District 3 (Salem, Cumberland and Gloucester)

 

Submitted by on,

Messing With Perfection in NCAA Tournament

(Associated Press) - They've floated the trial balloons and watched as they were punctured one by one.

Submitted by on,

British Bookmakers Victorious Last Week

The British bookmakers breathed a respective sigh of relief this past week and were £45million richer thanks to Cheltenham and odds-on Kauto Star tumbled out of the Gold Cup.

Submitted by C Costigan on,

Virgin Games Hunts for New Ad Agency

LONDON - Virgin Games is on the hunt for an agency to handle its UK advertising business

Submitted by on,

World Sports Exchange, Jay Cohen Image Tarnished

The once proud World Sports Exchange (WSEX.com), founded in 1996, has fallen on bad times and co-founder Jay Cohen hasn't said much about the matter.

Submitted by C Costigan on,

Gambling: MGM Partner Said to Have Organized Crime Ties

The MGM Mirage is trying to sever its ties with MGM Grand Macau, claiming that the later's co-owner, Patsy Ho, is "financially dependent on her father, casino magnate Stanley Ho."  Addit

Submitted by Alejandro Botticelli on,

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