Gambling Companies
Gambling Companies, Gambling Stocks
PokerStars Patent for Rush Poker May Force Out Competitors
Full Tilt Poker owned the patent for a high speed online poker variant it branded as Rush Poker. Following the shutdown of Full Tilt poker last year, a handful of other networks decided to launch their own version of the platform, one that moves players quickly from table to table upon folding a hand rather than wait for that hand to finish.
FTP looked like toast earlier this year, emboldening the competition, including the world’s largest real money online poker firm, PokerStars, to jump into the speed poker race without much concern over patent infringements.
Calling Their Bluff: Enet Won’t Honor Bluff Gaming Accounts for Now
Poker players owed monies from defunct Bluff Gaming are growing increasingly frustrated after Enet Poker pulled the plug on a deal to assume payouts, at least for the time being.
Paddy Power to Create 600 New Jobs in Dublin
Ireland’s biggest bookmaker, Paddy Power, is expanding and creating 600 new jobs along the way.
The posts are in areas such as e-commerce, technology, social media, research, risk management and online marketing, according to a report filed by rte.com Thursday.
The company currently employs over 2100 people and has added 190 new jobs already since the start of the year.
South Point Poker Gears Up for Real Money Gambling This Fall: Now Hiring
South Point Poker is hoping to become the first real money online poker site based in the United States to begin taking bets.
CardPlayer.com noted Wednesday that the company was actively seeking out software developers, graphic artists and customer service reps and supervisors via its website’s “Job Openings” section.
Atlantic City Gambling Revenue Dips
ATLANTIC CITY (Associated Press) — Revenue figures due to be released Wednesday afternoon will show how Atlantic City’s newest casino is faring six months since it opened.
The $2.4 billion Revel casino resort is off to a slow start, mired in 8th place out of the city’s 12 casinos in terms of money won from gamblers. But Revel insists its business model is less dependent on casino winnings than its competition and that it’s doing well in terms of non-gambling revenue.
FeltStars The Latest Online Poker Room to Bite The Dust
FeltStars has become the latest in a rash of poorly funded online poker rooms to shut down in recent weeks.
A message on the site read as follows:
Nevada Gambling Revenue Off 3 Percent in August
CHICAGO (MarketWatch) -- Gambling revenue in Nevada fell a bit more than 3% to $859.2 million in August, according to figures released Wednesday by the Nevada Gaming Control Board.
On the Las Vegas Strip, which accounts for more than half the statewide total, revenue slipped 1.2% to $490.9 million with the take from slot machines off 9% and table games up 7.6% on the back of solid baccarat volume.
Free Online Poker Thriving as Zynga Continues to Lose Ground
There was yet another blow Tuesday to the once powerful Zynga, home to what is still the largest free online poker site in the world.
Long time head of Zynga Poker, Laurence "Lo" Toney, became the 7th key executive in less than a month to announce his resignation from the company.
Man Who Brought Down World Sports Exchange to be Profiled on ‘American Greed’ (Video)
Sir Allen Stanford is the next reputed con artist to be featured on CNBC’s must watch series “American Greed”.
Episode 67: Allen Stanford: The Dark Knight will air Wednesday, October 10th 10p | 1a ET. Check your local listings for repeats.
PokerStars to Offer First Live Poker Room in London
The world’s largest “real money” online poker room has made an equity investment in London’s newly opened Hippodrome Casino.
As part of the deal, Stars will offer the Hippodrome its own online poker room at a future date. PokerStars will also refurbish and re-brand the poker deck at the Hippodrome, becoming home to a series of new tournaments.
Guy Templer, group strategy director for PokerStars, said, “The Hippodrome has dramatically raised the quality bar for the UK casino industry.
Zynga Poker Loses Long Time GM
A seventh executive has left Zynga over the last month alone. This time it is Laurence Toney, General Manager of Zynga Poker.
"My departure is less about Zynga and more about the vast number of opportunities that currently exist in the Valley," Toney said of his departure to Mashable. "I have been approached by several organizations to lead teams and companies that I find exciting and compelling. It is the right time for me in my career to move on."
Full Tilt Poker Confirms Isle of Man License
The Isle of Man, perhaps the single most respected Internet gambling licensing jurisdiction on the planet, has officially landed Full Tilt Poker, now acquired by another Manx operator, PokerStars.com.
Full Tilt Poker is slated to reopen November 6, 2012.
Gambling Deal Lifts Stock of Online Game Maker Glu
NEW YORK (Associated Press) — Shares of Glu Mobile Inc. got a boost Monday after the mobile game developer said it signed a gambling deal with Probability PLC.
THE SPARK: Glu said U.K.-based Probability will use existing Glu games to create mobile slot games under the Glu brand. The games will be distributed in Probability's regulated markets, first in the U.K. and Italy.
Poker Pro Vadim Trincher Sues Trump Tower Over ‘Rampant Mold’
A professional poker player, Vadim Trincher, is suing Trump Tower for a “rampant mold” problem in his 63rd-floor condo he claims ruined some custom-made furniture and made his wife sick.
Trincher and his wife blame the damages on renovations carried out in the duplex above, which was once owned by Bruce Willis and Demi Moore, according to the Daily Mail.
From The Daily Mail:
Zynga Stocks Continue to Slide: World’s Largest Free Poker Site in Danger
Shares in Zynga, home to the world’s largest free play online poker site, continued to slide on Friday as the company slashed its guidance.
Shares of Zynga fell a whopping 17 percent Friday following news of a weak demand for its web-based games, including the once uber popular FarmVille.
Boyd Gaming and Station Casinos Approved for Internet Poker in Nevada
The Nevada Gaming Board has temporarily approved applications filed by Boyd Gaming and Station Casinos to operate online poker rooms within the Silver State.
The Nevada Gaming Commission will take up the matter Oct. 18 to determine final long-term approval.
Bodog Shuts Down Poker Room for UK, Euro Players
Bodog Poker announced Wednesday night it will no longer be servicing players in the United Kingdom and throughout Europe. Earlier this summer the company closed off accounts of those living in much of Eastern Europe.
Bodog claims it is focusing on the ex-pat market throughout Asia.
This was a notice sent out to affiliate partners of the site:
Dear Partners,
Macau September Gambling Revenue Disappoints
Farah Master, Reuters News
(Reuters) - Gambling revenue in Macau rose a weaker-than-expected 12.3 percent in September, indicating China's slowing economy is increasingly hurting the appetite of wealthy mainland gamblers to place bets in the world's largest casino market.
September's revenue at 23.87 billion patacas, announced by the Macau government on Thursday, was the second weakest revenue figure this year.
Revolution Gaming Nabs CarbBet.com Poker
With IGT/Entraction getting out of the online poker sector, numerous skins (cardrooms) have had to find new homes. It was announce this week that Cardbet.com Poker would be moving to the newly formed Revolution Gaming Network on November 1.
Cardbet owns four whitelabel skins: SuomiVegas.com, Metspoker.com, M8poker.com and Pro-factory.com.
Revolution Gaming is the largest US-friendly online poker network though Cardbet.com does not currently accept US players and has no plans to do so at the moment.
‘Great Dane’ Gus Hansen to Serve as Face of New Full Tilt Poker
FullTiltPoker.com today announced that international poker star and tournament legend Gus Hansen will return as brand ambassador for the site, which plans to re-open for real-money poker on November 6, 2012.
In August, PokerStars obtained the assets of Full Tilt Poker and committed to reimburse Full Tilt Poker customers outside the U.S. whose accounts have been inaccessible since the previous management closed the site in June 2011.
NFL About-Face on Gambling as Redskins Push Maryland Residents to Support Casino
The National Football League may hate gambling but that hasn’t stopped one of its storied franchises, the Washington Redskins, from throwing their support behind a controversial casino expansion in their home state of Maryland.
Yeah it’s true.
Online Gambling Regulation in US Unlikely by Year’s End
LAS VEGAS (Associated Press) - It doesn't look like Congress will pass Internet gambling regulatory laws this year, the head of the industry's main lobbying group said Tuesday, as he cast online wagering hosted by sites overseas as one of the biggest threats to the casino industry in the United States.
PaySafe Card Official Sponsor of European Poker Tour Season 9
LONDON, UK – The leading internet prepaid payment solution, paysafecard, will be the official payment provider sponsor of the European Poker Tour Season 9, EPT President Edgar Stuchly announced today.
The sponsorship will see paysafecard branding in and around the tournament area at events during Season 9 starting at EPT Sanremo, and players who use paysafecard to make a deposit into their PokerStars account will be eligible to play in a series of exclusive EPT- themed freerolls.
WMS Launches Play4FunNetwork Online Gambling Platform
WAUKEGAN, Ill.—(Business Wire) – WMS Industries Inc. announced today that its subsidiary, Williams Interactive LLC, recently launched a first-of-its-kind, white-labeled B2B suite of interactive products and services through the Williams Interactive™Play4Fun Network platform with the Meskwaki Bingo Casino in Tama, Iowa.
Bwin.Party Confirms Sale of Ongame to Amaya
As was reported over the past week and now confirmed by Bwin.party, the world’s largest online gambling firm, Ongame has been acquired by Canadian company Amaya Gaming for €15m in cash.
Amaya will pay a further €10m depending on progress made in the US on regulating online gambling, according to the Financial Times of London.
A previous deal for Las Vegas-based ShuffleMaster to purchase Ongame earlier in the year for an initial €19.5m, plus a potential further €10m, eventually fell through.
Sportingbet Snubs Takeover Bid
Sportingbet, one of the United Kingdom’s largest sports betting operations, has snubbed a takeover effort from rival William Hill, it was learned Sunday.
Sportingbet, which is slated to report its full-year results on Wednesday, rejected the £350 million takeover bid from Hill and its partner, European gaming company GVC. William Hill had proposed a 52.5p-a-share bid.
The company had previously been in talks with another rival, Ladbrokes. Its share price has surged 16 percent since discussions about a possible takeover began to surface.
Howard Lederer Files and the ‘I Don’t Know’ Montage (Video)
The poker community is abuzz with talk about the latest video interview series featuring disgraced former Full Tilt Poker part-owner and ring leader Howard Lederer.
Mohegan Sun Lays Off More Than 300 Employees, Replaces CEO
MOHEGAN —(Associated Press) - The Mohegan Sun casino is laying off more than 300 employees and replacing its CEO, the Mohegan Tribal Gaming Authority's chief executive said Thursday.
Juicy Stakes Announces $100,000 Gold Fest Tournament Series: Moves to .EU Domain
Starting October 7, popular online gaming site, Juicy Stakes Poker and Casino (http://www.JuicyStakes.eu) is featuring a $100,000 Gold Fest Tournament Series. Consisting of five $20,000 tournaments played on consecutive Sundays, players will be able to compete for guaranteed prize pools and qualify for the tournaments by spending Gold Cards – a staple of the Juicy Stakes Poker reward system
D Las Vegas Casino Refunds Packers-Seahawks Bets: Other Sportsbooks Not Thrilled
LAS VEGAS — (Associated Press) - A Las Vegas casino took an unusual step Wednesday and offered refunds to gamblers who lost money when the Seattle Seahawks beat the Green Bay Packers on a controversial touchdown at the end of Monday night's game.
