Gambling Companies
Gambling Companies, Gambling Stocks
Asian Gambling Boom Targets Filthy Rich
(Associated Press) - In the Philippines, a $4 billion casino will soon rise from reclaimed land on Manila Bay. In South Korea, foreign investors are expected to break ground next year on a clutch of casino resorts offshore. And on the eastern edge of Russia, authorities plan a resort zone aimed at drawing Chinese high-rollers.
New Jersey Ok’s Plan for Mohegan Sun to Run Resorts Casino in Atlantic City
Absent from the Atlantic City casino market for more than 30 years, Native American tribes have recently turned a close eye on the seaside gambling resort, with two tribes taking very different paths.
On Friday, New Jersey regulators gave approval to the Mohegan Tribal Gaming Authority to run the day-to-day affairs of Resorts Casino Hotel and to buy 10 percent of the company. The decision came just two days after the Seminole Indians scrapped a plan to build a new "boutique" casino, citing the poor economy and cutthroat competition from gambling halls in neighboring states.
UBS Rogue Trader Labeled as ‘Naked Gambler’
(Reuters) - Former UBS trader Kweku Adoboli put the Swiss bank's survival at risk through naked gambling that risked up to $12 billion, cooking the books and lying to his bosses until his "pyramid of fraud" collapsed, a British court heard on Friday.
Adoboli, 32, is on trial by jury in London accused of fraud and false accounting that in the end cost UBS $2.3 billion. He has pleaded not guilty.
Phil Hellmuth Auctions Off Prize - Himself
Poker pro Phil "Poker Brat" Hellmuth Jr. recently held an auction to auction off a very valuable prize.
The prize was--Phil Hellmuth!
Yes, in what could be a new low in egomaniacal behavior by a poker player, even a self-styled publicity-seeking "brat," Hellmuth has auctioned off himself!
And what value does the "Poker Brat" assess to a night of his company?
How does $25,000 strike you?
All can be forgiven in this case, however, because Hellmuth did it for charity.
So what was the prize exactly?
Poker Pro David Benyamine Now on Board with International Stadiums Poker Tour
The Groupe Bernard Tapie funded International Stadiums Poker Tour has brought on yet another powerful spokesperson in the form of David Benyamine.
The event, slated to begin next May, is forecast to bring in some 30,000 players from around the globe who will play from the stands online. The field will then dwindle down to a specified number who will play live. To date, only 3337 players have registered, a mere fraction of the 30,000 goal.
Full Tilt Poker Set to Re-Launch November 6
Full Tilt Poker has begun verifying the authenticity of customer accounts as it prepares for a re-launch on November 6.
Nevada Video Game Company 3G Studios Becomes First to Enter Online Gambling Market
Video game developer 3G Studios filed with the Nevada Gaming Control Board for multiple Online Service Provider’s licenses, making them the first video game company to move into the U.S. online gambling market. With this move, 3G Studios will be the first video game company to be approved for real-money gambling in the U.S.
Poker Pro Nancy Todd Gets Second Shot at Taking Control of Casinos in Arkansas
LITTLE ROCK — (Associated Press) - An attorney for a woman seeking exclusive rights to operate casinos in Arkansas says the state has turned the initiative process into an “obstacle course” by rejecting her proposed ballot measure.
Atlantic City Sees Rare ‘Up’ Month for Revenues in August
ATLANTIC CITY, N.J. (Associated Press) — Free from having to deal with hurricanes this year, Atlantic City's casinos saw their revenues increase by 12.6 percent in August — a rare "up" month for a resort still reeling from competition all around it.
The city's casinos took in nearly $314 million from gamblers in August, marking just the second monthly increase in four years.
Columbus Hollywood Casino Operator’s License Approval Anticipated
COLUMBUS, Ohio – (Associated Press) - The Ohio Casino Commission is expected to approve the operator's license for the new casino opening next month in Columbus.
Hard Rock Scraps Atlantic City Plans
ATLANTIC CITY, N.J. (Associated Press) — A group has scrapped a plan to build a smaller "boutique" casino that would have been run by the Seminole Indians through their Hard Rock franchise on the Atlantic City Boardwalk.
AC Gateway LLC tells The Associated Press it is not proceeding with a casino-hotel that could have included a musical history museum with items from when the Beatles and Rolling Stones separately played Atlantic City.
Greece to Privatize Prized Gambling Monopoly as Means to Appease Lenders
(Reuters) – Greece outlined a plan to sell one of its most profitable state-controlled companies, gambling monopoly OPAP, reviving a stalled privatisation drive to appease international lenders.
Inspectors from the troika of European Commission, European Central Bank and International Monetary Fund lenders are in Athens on a crucial visit that will determine whether the country gets further aid under its latest bailout programme.
Penn National Ponies Up Another $4 Million to Try and Stop Baltimore Casino
Penn National has added another $4 million to the $5.5 million already donated to try and prevent the construction of a Baltimore casino. Voters will have the opportunity to make the final decision come Election Day and Penn is determined to try and discourage residents from backing such a plan.
What The US Government Alleges Howard Lederer Did With The Full Tilt Poker Player Funds
Distributions to Full Tilt Owners, Including the FTP Insiders 124: Rather than protect player funds as promised, Full Tilt Poker distributed hundreds of millions of dollars to its owners. Beginning in April 2007 and continuing through April 2011, Tiltware LLC’s Board of Directors, to wit, the FTP Insider Defendants, authorized the distribution of approximately $443,860,530 to the owners of Tiltware LLC, including themselves, further promoting and facilitating the ongoing illegal operation of Full Tilt Poker during this time period.
IGT, Entraction Scales Back on Internet Poker: Skins Left Homeless
Citing diminished returns, International Gaming Technologies (IGT), has opted to scale back on its Web poker business. Those online card rooms operating on the network were informed of this decision earlier in the week.
Camasino Poker Club: Online Gambling Site to Open Land-Based Casino Outside Montreal
Camasino has made a deal with the owner of a poker club located in Kahnawake to change its name from Snakes Poker Club to “Camasino Poker Club”. Camasino will hold major Canadian events at the location along with entertainment and other services giving the clients a Vegas feel!
Nevada Online Poker Applicant to Sell Lottery Tickets to Zynga
Scientific Games has announced a partnership with the world’s largest “free play” online poker venture, Zynga, whereby it will sell lottery tickets to the popular social gaming firm’s 320 million monthly customers, including poker players.
Steven M. Saferin, President of the company’s properties group and chief creative officer, stated during the World Lottery Summit in Montreal last week that “Zynga players could win instant tickets for cash or virtual goods.”
Coconut Creek May Become Casino Destination with Mammoth Entertainment Center Planned
The Seminole Tribe of South Florida are looking to develop a mammoth hotel, casino and entertainment complex in Coconut Creek.
The establishment would feature 20 stories, 1000 rooms and an expanded 2500-seat movie theatre and casino.
Still, the idea could be just a pipe dream as no firm date has been set as to when such a project might begin development.
Andy Murray Helps Betfair Smash Record After Slow Football Start
Betfair, the world’s largest betting exchange, revealed on Tuesday that the Wimbledon final was its biggest ever market following reports that the company has gotten off to a slow start with Premier League wagering.
Betfair.com reports that more than £58 million of bets were taken on the July tennis match in which Murray lost to Roger Federer but ultimately went on to secure his first ever Grand Slam title in New York.
Skybook.com Owner Sentenced to 2.5 Years in Prison
A St. Charles, Louisiana man, Anthony Buttitta, 43, has been sentenced to 2.5 years behind bars for tax evasion. He and his father, Dominic Buttitta, 69, of South Barrington, plead to two felony counts filed against them in U.S. District Court and were sentenced Friday by U.S. District Judge Milton Shadur.
Zynga Looks at Mobile Gambling and Online Gambling to Diversify
(NASDAQ) - Zynga ( ZNGA ) is expanding into mobile gaming and is looking to enter into real money online gambling. It recently tied up with Nokia to add Draw Something and Zynga Poker to Nokia feature phones such as Nokia Asha Touch and the Nokia Series 40 range. The games will feature in the phones released in Q3 and will cover nearly 100 million users. Zynga game apps are already available for smartphones and the company plans to expand into feature phones to increase its user base and target emerging economies.
Partouche Poker Tour Blames ‘External Media’ for Prize ‘Confusion’ but Will Honor €5 million
The Partouche Poker Tour has decided to honor its initial €5 million guarantee after quietly cutting the guarantee down by €750,000.
Everest Poker Moves to iPoker Network
Everest Poker and its Bet-Click brand have confirmed a move to the world’s number two most trafficked online poker network, iPoker, after weeks of speculation.
Poker Room at Gulfstream Casino Now Open Following Fish Tank Fiasco
The poker room at Gulfstream Park Racing & Casino in South Florida has finally reopened after a ruptured 13,000 gallon fish tank caused extensive damage to the facilities last Sunday.
New carpeting, walls, artwork and furniture have been installed since the flooding occurred, according to Mike Couch, Gulfstream's Director of Gaming.
"It's unfortunate we had to close five days, but we're very grateful to our guests for their patience and understanding," Couch said in a Saturday release.
Sheldon Adelson, Las Vegas Sands Select Madrid for ‘EuroVegas’ Casino
By HAROLD HECKLE Associated Press
(Associated Press) - The decision by Las Vegas Sands to choose Madrid for a big "EuroVegas" casino project was welcomed by city officials Saturday, but potential obstacles include the company's decision to fund only 35 percent of the resort and to demand changes in local laws.
Ana Isabel Marino, Madrid's counselor for planning and environment, said the regional government received the news "with contained satisfaction, given that this is the first step."
Bally Technologies Licenses NASCAR Slot Machine
Players, start your engines! Bally Technologies, Inc. (NYSE: BYI) has licensed NASCAR, one of the most sought-after brands in the gaming industry.
NASCAR is the first world-class licensed brand that Bally has carried across its games and systems businesses, in the form of the slot machine game and Elite Bonusing Suite’s Virtual Racing NASCAR. Both the slot and the systems-driven promotional tool take everything racing fans love about the sport and put it into a one-of-a-kind gaming experience.
Quincy Jones Denies Steve Wynn Threatened Porn Purveyor Joe Francis Life in Slander Trial
Music producer Quincy Jones denied ever telling “Girls Gone Wild” porn purveyor Joe Francis that casino mogul Steve Wynn wanted to "bury him in the desert.”
When asked if Wynn had said this to Jones, the Grammy Award winning music icon emphatically said "No. Absolutely not” more than a dozen times during court testimony on Thursday.
Steve Wynn is suing Francis for slander. The two have been embroiled in a bitter war of words for some years now.
Lock Poker September Promos Include Free iPads, Aussie Millions Packages, 110k GTD, More
One of the more exciting Lock Poker September promos includes leader boards that, will not only be ranking players on ROI, but Lock Poker will be giving away 2 ME seats to the Aussie Millions as well as brand new iPads. Watch Gambling911.com for more details shortly. Currently running promos appear below.
Rake chase
Zynga Introduces Sports Betting With Las Vegas Style Sportsbook Game
Zynga has teamed up with developer RocketPlay to deliver a “Vegas-like” sportsbook experience for its customers just in time for the new NFL season.
According to a release, Sports Casino offers "an authentic Las Vegas-style sportsbook experience" wherein players can bet on live sporting events like baseball and football as well as play video poker, slots, and blackjack.
Outdoor Gambling in Atlantic City as Golden Nugget Offers First Exterior Casino
ATLANTIC CITY, N.J. — (Associated Press) - For the past few years, Atlantic City's casinos have been thinking outside the box when it comes to ways to drum up new business and compete with gambling halls in neighboring states.
But the Golden Nugget Atlantic City is doing so literally by becoming the first casino in New Jersey to offer outdoor gambling.
