Gambling Companies

Zynga Pays New CEO $5 Million Signing Bonus

(Associated Press) - Struggling Web game maker Zynga gave new CEO Don Mattrick a $5 million signing bonus and stock awards valued at $40 million to lure him away from his previous job overseeing Microsoft's Xbox console for video games.

It’s On! New Jersey Takes on Nevada to Control Large Chunk of Online Gambling Market

News Wednesday that PokerStars and Resorts Casino had entered into a deal to bring online poker to New Jersey residents will have a dramatic impact well beyond the Garden State’s own borders. 

Trump Daughter Talks Online Gambling With Bloomberg: Initiative is Complicated

This week it was announced that Ultimate Gaming would begin offering real money online gambling to New Jersey residents through a partnership with the Trump Taj Mahal.  The Taj Mahal retains online gambling rights to the Trump name but the Donald himself may want to jump directly into the US-legalized Web gambling fray.

Carbon Poker Looking Closely at Bitcoin

A rep for Carbon Poker, the flagship Internet poker room on the Merge Gaming Network, has confirmed that the company is looking very closely at offering the anonymous digital currency Bitcoin as a payment option.

Mark Pincus Steps Down as CEO of Zynga

NEW YORK (Associated Press) -- He's not heading out to pasture, but the CEO of "FarmVille" maker Zynga Inc. is stepping aside as the troubled online game company looks to revive itself and lift its stalled stock price.

Mark Pincus will be replaced on Monday, July 8, by Don Mattrick, who was most recently head of Microsoft's Xbox division. Zynga said Monday that Pincus, who founded Zynga Inc. and named it after his American bulldog in 2007, will stay on as chairman and chief product officer.

PayNoRake Begins Making Payouts After Ten Month Wait

Following a settlement agreement first reported on Gambling911.com last week, Chico Poker Network’s PayNoRake began making payouts to players who have been waiting in excess of ten months.

Macau Gambling Revenues Up Despite China Woes

(Reuters) - Gambling revenue in Macau rose 21.1 percent in June year-on-year, buoyed by a steady flow of wealthy mainland gamblers eager to place their bets in the Chinese controlled casino hub.

June revenue stood at 28.3 billion patacas ($3.54 billion), according to government data released on Monday. Analysts had forecast June growth in the world's biggest gambling market, to be up 18-21 percent.

Ultimate Poker to Enter NJ Online Gambling Market Through Trump Taj Mahal Deal

(Las Vegas) - Ultimate Gaming, America’s first regulated online gaming operator, announced today that it has signed an online gaming operations agreement with Trump Taj Mahal Associates LLC.  Under the terms of the agreement, Ultimate Gaming will supply a wide range of real money online casino games and poker, using its proprietary technology platform and the Ultimate Brands.

Lock Poker Payout Updates, Venetian Boycott Gaining Ground

These are the top gambling news stories here at Gambling911.com Friday June 28, 2013 (Afternoon EDT).  Be sure to LIKE US on Facebook and have G911 as part of your news feed.  Comments always welcome.

*Large Number of Lock Poker Payouts Received Friday – Gambling911.com can report that a large number of cash transfer payouts were received by customers of Lock Poker on Friday.

Breaking News: Chico Poker to Resume Payouts, Investors Settle Dispute

Chico Poker players affected by a long 10 month dispute between investors and ultimate freezing of funds will be happy to know that Gambling911.com has learned payouts will resume July 1 (2013). 

Stop Internet Gambling: Site Claims a Click of the Mouse, You Lose Your House (Video)

Casino mogul Sheldon Adelson has just launched a website that opposes legalization of online gambling in the US.  StopInternetGambling.com, a crude site that contends online gambling will ruin society, went live Thursday.

From the StopInternetGambling.com website:

GigaMedia Enters Social Gaming Market

(Taiwan).- Online gambling corporate GigaMedia has announced that it is to enter the social casino games market following a closed beta test on a suite of new game titles in over 200 Internet cafes across Taiwan. The company has unveiled a new portfolio of proprietary social casino games that include slot, poker and dice offerings and could begin commercial operation in as little as four weeks.

Sands of Las Vegas: Analysts See Shares Reaching $62 Million

Analysts at Imperial Capital see the recent sell-off of Las Vegas Sands Corp creating a buying opportunity for investors.

They rate the stock as “Outperform” and forecast the share price reaching as high as $62.  It currently sat at $51.38.

Las Vegas Sands Recommended by Analyst: Discouraged by Poker Players

Good news for investors who have their money in the Las Vegas Sands (LVS) as investment banking firm Craig-Hallum recommended a long position in shares of the company.  This comes at a time when a growing number of poker players have called for a boycott of the Sheldon Adelson owned property.