Sportingbet Plans to Join Main London Market

Aim-listed Sportingbet is preparing to move up to the main market, having recovered from the disastrous impact of the effective ban on online gambling in the US in 2006.

Andrew McIver, chief executive, said the move to the main market was prompted by Aim's under-performance over the past year. "In bull markets, Aim does pretty well but if you think the recession is going to last some time, Aim is going to get unduly punished."

Sportingbet hopes to widen its shareholder base when it graduates to the main market within the next six months.

Submitted by C Costigan on,

Things Getting Even Worse for Pitbull Poker

When your offices close up shop and your boss is placed under arrest, normally, things can't get much worse for your company. However, things really are getting worse for the newly defunct Pitbull Poker and its operators with the news that after learning that the site was in fact doing shady things against its customer, players are now seriously considering taking legal action against them.

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Sportingbet Profits Rise: Posts Full Year Profit

Oct.

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Full Tilt Poker Lawsuit Details Released

The folks from Pokerati.com have obtained the latest lawsuit against Full Tilt Poker in its entirety, all 19 pages of

Submitted by C Costigan on,

Phil Hellmuth vs. Harrah’s and the World Series of Poker

World Series of Poker record bracelet holder Phil Hellmuth is not exactly happy with the tournament these days or the folks who run it, Harrah's.

Hellmuth spoke to French media about how Harrah's new online poker website could damage the WSOP.  The site will not be available to US customers at the onset.  Harrah's announced a partnership agreement with the strong European brand, 888.com earlier last month. 

Submitted by Jagajeet Chiba on,

Poker Pages Pulling The Plug

One of the most popular and comprehensive sources on the Internet for news and information about the game of poker is pulling the plug.

On itself.

Poker Pages (www.pokerpages.com), which among other things provides one of the poker world's best online databases of professional poker players' updated tournament earnings, posted a notice on its website Thursday announcing its own demise.

Submitted by Thomas Somach on,

Pitbull Poker Owners Arrested

If you have been following Gambling911.com over the last 24 hours, you would know that the online poker room Pitbull Poker had shut its doors with what appears to be zero intention of payin

Submitted by C Costigan on,

US Government Signs Pact with Internet Domain Body

* Pact draws praise from lawmakers companies, governments

* ICANN will be subject to periodic reviews

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Online Poker: Pitbull Poker Shuts Down

Struggling online poker room Pitbull Poker has shut its doors according to reports across the Net on Wednesday.   The company has been embroiled in

Submitted by C Costigan on,

Sport Match Fixing Big Concern With Bookies Offshore Move

RGA boss Clive Hawkswood told eGaming Review Magazine that the claims by some in the UK press that British sport faces an increased threat of match-fixin

Submitted by Jagajeet Chiba on,

888.com Looks to South Africa

Online gambling group, 888.com, is looking to capture the lucrative South Africa market through its Dragonfish division.  A joint venture with South Africa's Tsogo Sun Gaming Group and will help t

Submitted by Jagajeet Chiba on,

World Poker Exchange Averaged 35 Players Last Week?

The average "real cash" players at PokerStars this past week:  25400.

The average "real cash" players at the World Poker Exchange this past week:  35

Submitted by C Costigan on,

Macau Seedy Casino Industry a Goldmine

In an article published by the Sydney Morning Herald Tuesday morning, it is revealed how Macau's casino industry has flourished despite a worldwide economic crisis.  Gaming revenue has roared abov

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Wynn Seeks $1.63 Billion for Macau

(Bloomberg) -- Wynn Resorts Ltd.

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State Economy Gets Boost From Sports Betting

The state of Delaware reports revenue of $257,870 their first week of offering legalized sports betting, and this is at the reduced exposure originally intended due to pending lawsuits.

Submitted by Jagajeet Chiba on,

Is Harrah’s Buying Planet Hollywood?

The Las Vegas Review Journal is reporting that Harrah's is buying Planet Hollywood, or at least its debt.   Analysts, however, believe that this move could be the precursor to Harrah's outright p

Submitted by Jagajeet Chiba on,

IAS Becomes Part of Paddy Power

A meeting of shareholders in betting company International All Sports yesterday approved a takeover offer from rival Sportsbet and its majority owner, Ireland's Paddy Power.

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888.com Enters Into Deal With Harrah’s

Sept. 11 (Bloomberg) -- 888 Holdings Plc rose the most since May in London trading after signing a contract with a unit of Harrah's Entertainment Inc.

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Can’t Bet Canbet Closes Accounts Over Shared Environments

Many people bet from the same household, dormitory, Internet café, office.  The online gambling website, Canbet.com, may have gone over the top recently when it comes to these so-called "sha

Submitted by Jagajeet Chiba on,

Online Sportsbooks Have Edge Over Vegas

Here's one advantage the offshore books have over those on the Strip: They can post odds on anything they want to.

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Online Gambling Bank to Shut Down?

eGaming Review Magazine is reporting that Ivobank, which deals exclusively with the online gambling sector in Europe, has begun refusing new customers amid

Submitted by C Costigan on,

Packer May Target U.S. Casino Assets, Citigroup Says

Sept. 8 (Bloomberg) -- Australian billionaire James Packer may seek new U.S.

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Luck Runs Out on Vegas Boom

Michael A. Hiltzik and Ashley Powers, Los Angeles Times Staff Writers

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Bwin Shares Rise With Move Into Italy

VIENNA, Sept 7 (Reuters) - Austrian Internet betting and gambling operator bwin's plans to raise its market share in the Italian online poker market with an acquisition was cheered by analysts and

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College Football Betting: Bookies Make Out Like Bandits

In what was arguably the best showing for online bookmakers and the Vegas shops of any College Football season opener, the public lost nearly every game this past weekend.   The carnage was enoug

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William Hill Joint Venture Back on Track

By Roger Blitz, Financial Times of London

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Playtech posts 33% rise in H1 EBITDA

LONDON (SHARECAST) - Online gaming technology developer Playtech reported a 33% increase in half year EBITDA as it increases its dividend for the period by 17%.

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Smart Live Affiliates No More As They Cut Off Relationship

Yet another online gambling affiliate program has cut ties with its affiliate partners and Gambling911.com now fears this will turn into a growing trend unless there is a cohesive effort to stop th

Submitted by Jagajeet Chiba on,

Daniel Tzvetkoff Running Payovation?

Fresh off his stint scamming numerous online gambling companies, Gambling911.com is now learning that Daniel Tzvetkoff is reportedly running a new online payment solutions company, Payovation.

Submitted by C Costigan on,

Online Gambling: Daniel Tzvetkoff Back in Business?

TALK abounds that fallen youthful internet king Daniel Tzvetkoff may be back in business.

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