Gambling Companies

Gambling Companies, Gambling Stocks

‘I’m Not a Sore Loser’ Says Man Suing Casino That Let Him Lose $500k Drunk (Video)

"Just picture a drunk walking the street and he's drunk, and someone pickpockets and takes his money from him. That's how I characterize it," Mark A. Johnston said in an interview with CNN. "I feel like it's the days of old Vegas, the way they've been extorting me with letters and attorneys."

Submitted by Jagajeet Chiba on, Mar/07/2014

Paddy Power Stops Pistorius Bet: 1000 Wagers Taken, Over 5000 Complaints

Irish bookmaker Paddy Power has finally caved in and ceased taking wagers on the Oscar Pistorius murder trial in South Africa.   Pistorius shot his wife dead last year, mistaking her for an intruder.  The paraplegic runner insists the shooting was an accident.

Submitted by Jagajeet Chiba on, Mar/06/2014

Some Payment Processors to Block Unlicensed Online Gambling Sites in UK

Some of the UK-based payment processors have agreed to block money transactions to and from unlicensed online gambling sites.

BetOnline

Submitted by Ace King on, Mar/06/2014

Ultimate Gaming Joins Forces With Peppermill Resort Spa Casino

LAS VEGAS - Ultimate Gaming, America’s first regulated online gaming operator, and Peppermill Resort Spa Casino, Reno’s premier AAA Four-Diamond resort, have agreed to terms in a joint marketing partnership. 

Submitted by Press Release on, Mar/06/2014

Zynga Hits One-Year High: Surges 8 Percent on Poker News

Social gaming company Zynga saw its shares rise 8% Tuesday on news that it planned to enter the real money online gambling market in jurisdictions where the activity is legal.

CEO Don Mattrick spoke at a Morgan Stanley conference regarding his company’s mobile plans and expansion into more real money gambling markets.

The stock closed up 8.02% to $5.66, up 42 cents from its previous close of $5.24. It amassed a volume of 56,531,323, more than double its average of 27,192,600. It hit a low of $5.43 for the day and holds a one-year low of $2.50.

Submitted by Aaron Goldstein on, Mar/04/2014

Equity Poker Network Acquires Action Poker

San Jose, Costa Rica - EquityPokerNetwork.com (“EPN”) announced today that it has acquired the long established Action Poker brand. The Network is positioning ActionPoker.com (“Action Poker”) as the European sister brand to the recreational poker site FullFlushPoker.com, which has quickly grown in popularity and player numbers since it’s real-money gaming launch in November last year.

Submitted by Press Release on, Mar/04/2014

Outrage Over Paddy Power Oscar Pistorius Murder Trial Betting Intensifies

The public – and presumably a chunk of Paddy Power’s customer base – have taken to Twitter to lambaste the Irish bookmaker for continuing to take bets on the outcome of South African paraplegic runner Oscar Pistorius’ murder trial.

Submitted by Jagajeet Chiba on, Mar/04/2014

Florida House Bill Would Not Permit Major Casinos in South Florida

TALLAHASSEE, Fla. — (Associated Press) - The Florida House is saying no to bringing major casinos to South Florida.

BetOnline

Submitted by Associated Press on, Mar/04/2014

Paddy Power Defends Taking Bets on Oscar Pistorius Murder Trial: Angry Tweets

Controversial Irish bookmaker Paddy Power has defended its decision to offer betting on the outcome of Oscar Pistorius’ murder trial.

Pistorius, a paraplegic runner, claims he shot into a locked bathroom believing an intruder had entered the residence he shared with Steenkamp.  Instead he fatally wounded his girlfriend.

Submitted by Jagajeet Chiba on, Mar/03/2014

Yahoo Sports Teams Up With Quicken Loans for ‘Billion Dollar Bracket Challenge’

Detroit-based Quicken Loans, the nation's third largest mortgage lender, today announced it has teamed with Yahoo Sports as the technology provider for the now named 'Quicken Loans Billion Dollar Bracket Challenge with Yahoo Sports' contest.  Yahoo Sports designed the online bracket experience and will host the exclusive destination (www.quickenloansbracket.com) for the challenge as college basketball fans take their shot at becoming America's next billionaire. 

Submitted by Press Release on, Mar/03/2014

What is a Good Pay Per Head for College Basketball?

With March Madness just around the corner, you might be asking yourself What is a good Pay Per Head business to handle your players for College Basketball?

Real Bookies has just joined the Gambling911.com family and we are thrilled to have them on board.

So what can Real Bookie offer your players?

Here is just a sampling:

Submitted by Payton on, Mar/03/2014

Macau Revenue Surges 40 Percent in February

(Reuters) - China's gambling hub Macau raked in 38 billion patacas ($4.8 billion) in gaming revenues in February, boosted by strong spending from wealthy punters during and after a week-long national holiday.

Gambling revenue growth in Macau, a special administrative region that is the only place in China where casinos are allowed, was up 40 percent in February, far ahead of analyst estimates of between 29-35 percent.

Submitted by Aaron Goldstein on, Mar/03/2014

Neteller Returns to the US: Shares Surge Nearly 3 Percent

Online payment solutions company Neteller announced Monday that it will be relaunching services in the US.

The company was forced to flee the US market in January 2007 after two of its founders were charged with violating anti-gambling laws.  The Unlawful Internet Gambling Enforcement Act was passed just two months prior to the highly publicized arrests, with Gambling911.com breaking that news story.

Submitted by Aaron Goldstein on, Mar/03/2014

Sands Employees Angry at Adelson Over Breach: ‘He Should Just Shut Up’

Employees of the Sands Casino Resort in Bethlehem, Pa., are outraged and angry that their personal information has been put at risk apparently because of their boss's outspoken political statements.

Submitted by Thomas Somach on, Mar/02/2014

Sands Casino Bethlehem CEO Resigns Following Hacking

The CEO of Sands Casino Resort Bethlehem has resigned following a hacking that took down all Sands Las Vegas websites for nearly a week.

Robert DeSalvio, the President and CEO of the Sands establishment, is stepping down.  It was revealed last week that the hacking had gone through Bethlehem, Pennsylvania.  DeSalvio has insisted that his decision is unrelated to the hacking.

Submitted by Aaron Goldstein on, Feb/27/2014

Infiniti Poker, The Bitcoin Room That Never Was, Vanishes

The wait is over…..really over.

Submitted by Ace King on, Feb/27/2014

NJ Authorizes Multi-State Slot Jackpots That Will Boost Winnings

ATLANTIC CITY (Associated Press) — New Jersey casino regulators approved a multi-state slots system designed to result in larger jackpots.

The state’s Division of Gaming Enforcement said Wednesday it has authorized a wide-area progressive slots jackpot system involving New Jersey and other jurisdictions, although other participants were not immediately announced.

The goal is to create larger jackpots that will be more appealing to players — some of whom will come to Atlantic City’s casinos for a crack at them.

Submitted by Associated Press on, Feb/26/2014

William Hill Warns That Greyhounds and Horses May Need to be Slaughtered

Ralph Topping, the boss of William Hill, Britain’s largest bookmaker, warned that a UK curb on gambling will likely result in the mass killing of defenseless greyhounds and horses.

Submitted by Jagajeet Chiba on, Feb/26/2014

Dire Warning for Ladbrokes Head: ‘Better Capitalize on World Cup or Else’

Embattled Ladbrokes CEO Richard Glynn faces the axe this coming August if he can’t turn things around at the UK’s second largest bookmaking firm. 

BetOnline

Submitted by Aaron Goldstein on, Feb/26/2014

Bwin.Party Execs Get 550 Per Cent of Annual Salary: Founders Decline Offer

Bwin.Party shareholders on Monday voted a new pay scheme whereby top executives would receive up to 550 per cent of their annual salary.  70 per cent of voters approved the new deal, however, another 30 per cent objected.

Of those 30 per cent, it was telling that founders Ruth Parasol and her former husband Russell DeLeon were among them.

Submitted by Aaron Goldstein on, Feb/25/2014

First Multi-State Online Poker Deal Set to Begin Today in US

The first interstate compact between two US states combining their respective player pools was set to begin Tuesday February 25, 2014.

Submitted by Ace King on, Feb/25/2014

Seminole Hard Rock Hotel & Casino Tampa Has $2.8 Million Winner

TAMPA, Fla. – A Jackpot Empire slot machine at Seminole Hard Rock Hotel & Casino Tampa lived up to its name early Sunday morning when one lucky player from Riverview, Fla. (who chose to remain anonymous) claimed a whopping $2.8 million jackpot.

The Bally’s manufactured penny slot machine, located by the Jubao Palace, produced the second largest jackpot ever won at the property.

The high-water jackpot mark at Seminole Hard Rock Hotel & Casino Tampa was previously set on June 29, 2012 -- $3.6 million.

Submitted by Press Release on, Feb/24/2014

Canbet Players Owed At Least Half a Million GBP: Screwed Customers Revolt

SBR Forum, a popular sports betting social media outlet, has recorded a total of 255 customers owed in excess of 500,000 GBP by insolvent Canbet.com, one of the first online sportsbooks to burst onto the scene back in the late 1990’s.

Submitted by Jagajeet Chiba on, Feb/24/2014

Adelson and Las Vegas Sands Corp to Spend ‘Billions’ on Japan Casino

* CEO Adelson said would spend $10 bln but rather invest $7 bln

* Adelson "wouldn't be happy" with equity partners, but not ruling out possibility

* CLSA estimates Japan gaming market could reach $40 bln a year

TOKYO - (Reuters) - Las Vegas Sands Corp Chief Executive Sheldon Adelson said on Monday his company was willing to spend "whatever it takes" to set up a casino project in Japan, one of the largest untapped gaming markets in the world.

Submitted by Reuters on, Feb/24/2014

Casinos More Likely to Outsource Security to Private Companies

LAS VEGAS (Associated Press) — When Springfield, Mass. needed to choose who would build its first casino, the city hired an outside adviser to help with the process.

The consulting firm Shefsky & Froelich recommended that the deal go to MGM Resorts International. At the same time, the consulting firm was also working as a registered lobbyist in Illinois for MGM Resorts.

Submitted by Associated Press on, Feb/21/2014

Federal Bill Outlawing All Online Gambling Except Poker to be Introduced in March

U.S. Senator Dean Heller (R-Nevada) said he anticipates new federal legislation banning all forms of online gambling except poker to be introduced in the coming months.  Such a measure would ban Internet sports betting and online casinos, the later of which are currently permitted in the state of New Jersey.

Heller and others in Congress have attempted to pass similar legislation in recent years without any success.

Submitted by Gilbert Horowitz on, Feb/20/2014

North vs. South in New Jersey Gambling Expansion Debate

North New Jersey lawmakers want a casino in the Meadowlands, just a minutes drive away from Manhattan (barring rush hour).  South Jersey lawmakers want gambling to be inclusive to Atlantic City.

Submitted by Aaron Goldstein on, Feb/20/2014

Playtech to Pay Special Dividend as Profits Rise

(Reuters) - Gaming software developer Playtech (PTEC.L) said it would pay shareholders a special dividend of 100 million pounds ($167 million) as it posted a rise in full-year profit for 2013.

Playtech, which develops software for betting firms such as Paddy Power and Betfair, said on Thursday 2013 adjusted core earnings  grew 17 percent to 159.4 million euros excluding the share of profits received from William Hill Online after it sold its stake in the venture last March.

Submitted by Reuters on, Feb/20/2014

Sands Bethlehem was Main Target of Last Week’s Hacking

LAS VEGAS -  (Associated Press) -- Casino giant Las Vegas Sands Corp. said Tuesday that hacking into their websites and internal systems last week went deeper than the company had previously known.

All of the Las Vegas-based company's sites were down for six days after hackers posted images apparently condemning comments CEO Sheldon Adelson made about using nuclear weapons on Iran.

Sands said hackers crashed its email system and stole employees' Social Security numbers.

Submitted by Associated Press on, Feb/19/2014

Bwin.Party Shares Up Another 3.5 Per Cent as Ader Prepares His Move

Bwin.Party shares continued to climb on news that an activist investor, Jason Ader, was getting ready to hand pick someone new to join that online gambling firm’s board.  Shares rose another 3.5% Wednesday following the February 18 news.

Submitted by Aaron Goldstein on, Feb/19/2014

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