Gambling Companies
Gambling Companies, Gambling Stocks
Churchill Downs Boycott Could Provide Wakeup Call as Execs Stuff Their Pockets
While it may not scare the masses away from next week’s Kentucky Derby, a call to boycott Churchill Downs could prove effective thereafter.
Jacob’s Family Has ‘Gambling’ Obstacle Standing in Way of Buffalo Bills Purchase
ESPN.com on Wednesday reported that the family involved with helping to find the Buffalo Bills a new owner hasn’t ruled out buying the franchise themselves. The Bills previous owner, Ralph Wilson, died last month.
Jeremy Jacobs Jr., the son of Boston Bruins owner Jeremy Sr., is engaged in discussions related to the franchise's future. The Jacobs, one of Buffalo's wealthiest families, would most certainly want the Bills to stay put.
IGT Net Income Down 67 Percent as Slot Sales Decline
LAS VEGAS (Associated Press) — Gambling equipment manufacturer International Game Technology said its net income fell 67 percent as sales of slot machines declined and the company faced competition from smaller vendors.
Shares fell $1.45, or 10 percent, to $12.62 Wednesday.
Marc Pincus Steps Down From All Operational Roles at Zynga
The social gaming giant Zynga founder Marc Pincus has stepped down from all operational roles saying ““Ultimately a Ship Is Better With One Captain”.
The announcement was made on Wednesday. Pincus will assume the role of company Chairperson.
Pincus stepped down from his CEO position last year.
WPT World Championship Atlantic City 2014 Numbers Are In: $1.3 Mil to the Champ
328 entries, $4,852,400 in prize money, to 36 spots will pay cash and $1,310,146 goes to the winner of this year’s WPT World Championship currently taking place in Atlantic City after 11 years in Las Vegas. The event is expected to provide the struggling seaside gambling resort with a significant economic jolt.
New slot technology revolutionizing the gaming sector
Slot machines have long been a key element of gaming entertainment. The 'one armed bandit' is synonymous with casinos across the world. Of course, the advent of online casinos meant that slots fans could suddenly have fun from the comfort of their own home. However, this is not where the story ends – Software giant Playtech has developed a whole range of revolutionary online slots which are keeping players well and truly entertained. Here are just a few reasons why.
Superb graphics and effects
Dreyfus on iGaming: ‘Not About Whether You Are Going to Eat Someone or Be Eaten’
Alexandre Dreyfus, founder of Chili Poker and now the head of the Global Poker Index, is celebrating his 10th year in online gambling and Gambling911.com would like to take this time to congratulate him as this is no small feat. After all we have seen countless numbers of "executives" come and go during this time.
Prior to ten years ago, the Frenchman had never bet online. One could argue he is among the industry’s most successful businesspeople and certainly a pioneer when it comes to online poker.
World Poker Tour Championship Event Gets Underway in Atlantic City
(Associated Press) - After 11 years in Las Vegas, the championship event of the World Poker Tour is underway in Atlantic City.
The Price Per Head Revolution - By Way of WagerHome
We all know that sports betting is one of the most popular gambling-related activities in the world, and it is certainly one of the drivers for the boom in sports of all kinds in the United States.
|
|
Tropicana Online AC Casino Revenue Up $1.9 Million in March for Biggest Gain
Tropicana and its iGaming partner Gamesys (VirginCasino.com) witnessed a revenue increase of $1.9 million during the month of March, comfortably placing the group 3rd behind market leader PartyPoker and Ceasars.
One Year After WSEX Owner Suicide Players Still Hold Out Hope to Get Paid
This weekend marked the one-year anniversary of World Sports Exchange co-founder Steve Schillinger's death by suicide. One of the first online sportsbooks, WSEX.com owed well over a million dollars to customers at the time of Schillinger’s death.
Gibraltar Easter Day Explosion Halts Online Bets for Sunday Sporting Events
William Hill, BetFred and Ladbrokes were just three of the big name online bookmakers that operate from Gibraltar where an early afternoon generator fire and subsequent explosion knocked each of these businesses offline.
Massive Explosion Brings Down PartyPoker, Ladbrokes, William Hill Sites
An explosion in Gibraltar has resulted in Gibtelecom service disruptions and down time at the popular poker sites PartyPoker along with other online sports betting companies including Stan James, Ladbrokes and William Hill. Some of the biggest names in online gambling operate from Gibraltar. *Just a quick correction, we initially reported that PokerStars had been affected, however, they operate out of the Isle of Man and were not impacted by the explosion.
Pay Per Head Sports Betting Software: The Real Bookies Benefit
God only knows there are several dozen Pay Per Head software platforms out there. You can check out the endorsed pay per heads right here on the Gambling911.com website.
Borgata, Phil Ivy Remain Mum Over Cheating Allegations, Lawsuit
Neither the Borgata Casino or poker pro Phil Ivey have commented on a lawsuit filed by the property last week accusing Ivey of cheating at their baccarat table.
And the Borgata won’t be commenting any time soon.
Bwin.Party Shares Up Nearly 2 Percent on News of Potential Shakeup
Bwin.Party shares were up 1.97% (124.00) Thursday following news that activist investor Jason Ader looked to shake things up on the board.
Unibet Pulls Out of Russia One Month After Being Placed on Black List
Malta-based Unibet has opted to cease taking new Russian poker players and online gamblers one month after the company was placed on a country “black list”.
Atari Enters Real Money Online Gambling Arena
(Associated Press) - Atari, the maker of classic video games like "Pong" and "Centipede," is about to make things a bit more interesting for players.
The company said Tuesday that it is getting into real-money gambling through a partnership with gambling company Pariplay.
Pariplay will launch Atari's brands across a number of social, online and mobile platforms. This includes a website with real-money gambling on some of Atari's arcade classics, like Centipede, Asteroids and Pong.
The launch is slated for the fourth quarter.
Borgata to Pay Out $1,721,805 to Affected Players in Chip Scandal
The Borgata Casino will pay out $1,721,805 to those affected by a scandal earlier in the year in which fake chips were detected during the Borgata Winter Open.
Baseball Hall of Famer Brooks Robinson Suing Seminole Hard Rock for $10 Mil
Major League Baseball Hall of Famer Brooks Robinson has filed a lawsuit against the Seminole Hard Rock Hotel & Casino for $10 million following a six foot plunge off an unsecured stage at the establishment two years ago.
The 76-year-old former Baltimore Orioles player has suffered permanent injuries as a result of the fall.
Why Billionaire Sheldon Adelson Doesn’t Have Enough Money to Stop Online Gambling
Slate featured an article Monday morning suggesting that casino billionaire Sheldon Adelson does not have enough money to stop Internet gambling.
32Red Sign Rangers FC Shirt Sponsorship Deal but Shares Slump on Day’s Trading
Online gambling firm 32Red announced Monday a new shirt sponsorship deal with the Rangers Football Club, which will run the course of three years.
Despite the good news, shares in the company dipped 6% on the day’s trading. It was not immediately clear what caused the slump.
Ed Ware, Chief Executive Officer, said: "We are delighted to be working with Rangers Football Club and look forward to being part of the continued rise and return of the Club.
Is the Tropicana Buying the Sands Casino Bethlehem? Rumors Run Rampant
All of Eastern Pennsylvania is abuzz with the news that the famed Tropicana Hotel and Casino, a staple in Atlantic City, could be about to buy the Sands Casino Resort in Bethlehem.
Principals from both companies have declined comment when approached by the regional paper the Morning Call.
iGame and Plus One Dreams Online Gambling Firms Merge
Two Finnish online gambling firms based out of Malta have announced a merger in an effort to better compete with the likes of fellow Scandinavian wagering companies Betsson and Unibet. The combined company will use the iGame name.
New Jersey Online Gambling Revenue Estimates Dip Further
Casinos in New Jersey rounded off the month of February with a total revenue of $412.2 million from both iGaming and sports betting activities in the state.
Ladbrokes Buys Australian Betting Firm BetStar
(Reuters) - Bookmaker Ladbrokes (LAD.L), facing regulatory and tax pressures in its British home market, has expanded its Australian business by buying online betting company Betstar for 12.4 million pounds.
The deal announced by Ladbrokes on Wednesday follows a similar-sized acquisition last September when Ladbrokes - Britain's second-biggest bookmaker - bought online company Bookmaker.com.au and launched a website in Australia.
Activist Investor at Bwin.Party Questions Chairman Appointment
Jason Ader, the activist investor who works extensively in gaming, continues to make waves in the industry. As featured today in the Daily Telegraph, New York-based Ader feels bwin.party is tremendously undervalued.
Ader has reportedly told confidants that bwin needs some changes to meet its full potential in the gaming arena.
GVC Looks Towards More Acquisitions Following Sportingbet Success
(Reuters) - GVC is looking at further acquisitions after turning around the Sportingbet businesses it acquired last year, the online gambling company said on Wednesday.
GVC, one of the smaller players in the sector and listed on the AIM stock market, said operating profit more than doubled to 38.3 million euros ($52.8 million) in 2013, boosted by moving Sportingbet into the black.
"We are now ready for the next stage in our corporate development and further geographic expansion through organic growth and acquisitions," Chief Executive Kenneth Alexander said.
Playtech Gets ‘Buy’ Rating From 12 Agencies
Online gambling software firm Playtech has received a “buy” rating from 12 different agencies that cover the stock.
From the MidEast Times:
Five equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 816.10 ($13.53).
Boston Residents May Have Say Regarding Everett, Revere Casinos: Hearing May 1
BOSTON (Associated Press) — The state gambling commission will call a public hearing next month to consider Boston's bid to be declared a host community for proposed casinos in Everett and Revere.
The five-member Massachusetts Gaming Commission voted Thursday to call a May 1 meeting, with a decision on the city's status to be decided shortly thereafter.
If granted, host community status would give Boston voters an opportunity to weigh in on casino proposals by Mohegan Sun in Revere and Wynn in Everett.
