Gambling Companies
Gambling Companies, Gambling Stocks
Commission Junction Drops Covers Experts: The Casualties of War
The sports handicapping “war” shows no letup even if both sides seem a bit apprehensive in terms of releasing critical information.
It began when Management sources within PreGame.com advised Gambling911.com that rival Covers had provided its handicappers with an ultimatum heading into this year’s March Madness: “Leave Pregame or leave us”.
Nevada Gambling Revenues Up 5.7 Percent in February: Online Poker Traffic Sees Gain
Good news for both the Las Vegas gambling and online poker sectors as both reported gains.
Gaming Control Board officials announced on Tuesday that Nevada gambling revenues were up 5.7 percent with Las Vegas Strip casinos seeing a 3.3 percent surge.
Overall revenue generated included $932 million in the state and $531 million from the Vegas Strip casinos.
Inquirer: Odds Improve for Atlantic City Internet Gambling
The Philadelphia Inquirer on Tuesday featured an article on the prospects of Internet gambling in Atlantic City.
Wicked Ways: Even Witchcraft Can’t Save the Epic Poker League
The Salem witch trials were a series of hearings and prosecutions of people accused of witchcraft in Colonial Massachusetts, between February 1692 and May 1693.
The most infamous trials were conducted by the Court of Over and Terminer 1692 in Salem Town.
Instant Banking for Online Gambling Could Return to US Soon
There may be a new payment processor in town for those in the US online gambling community.
ADI-News.com has reported on the merger of two big name payment processors, Mazooma and BigPoint.
From ADI-News.com:
Epic Meltdown: Poker League Now $8 Million in the Hole
The disastrous Epic Poker League is sinking faster than the Titanic, minus the life rafts.
CardPlayer.com reports that EPL’s parent company’s bankruptcy filing lists liabilities of $8 million, not the $5 million previously asserted.
The company managed to earn just $37,052 in income over a 14 month period while racking up $7,892,242 in total liabilities, CardPlayer.com noted.
Maryland Now Allows Gambling on Fantasy Sports: Life Behind Bars for Booking NFL Games
As Bodog Founder Calvin Ayre, 50, faces more than 25 years behind prison for running one of the largest online sports betting enterprises and targeting residents of Maryland, that state has just begun allowing wagers on fantasy sports. Exceptional timing!!! We can't make this stuff up even if we tried.
Will Online Gambling Really Discourage People From Visiting Atlantic City?
An opinion piece in the Bergen Record suggests that the legalization of online gambling in the state of New Jersey (looking more inevitable by the day) may do more harm than good. In particular, online gambling could serve to actually discourage people from visiting Atlantic City.
Fast Poker Makes Its Debut on Unibet
Unibet, one of the leading European online poker rooms, has incorporated Fast Poker into its platform this week.
Manitoba Launches Online Gambling Venture
BCLC set off on a new course for its online business today, announcing that it is partnering with Manitoba Lotteries to provide online gambling to Manitobans.
"We launched online gaming in British Columbia to provide a secure and legal option for people who play online and to keep revenues in the province that otherwise would be going to illegal gambling sites," said the Honourable Rich Coleman, Minister Responsible for BCLC. "We are pleased to share our expertise with Manitoba to strengthen regulated online gambling in Canada."
Spring Cleaning at Cryptologic as Amaya Gaming Takes Over: Shares to be Delisted
With Amaya Gaming assuming 81 percent of troubled Cryptologic’s issued shares, CEO David Gayagan has resigned as has CFO Huw Spiers, general counsel Nick Catros and two other board members.
Amaya CEO/President David Baazoy is slated to take over Gavagan’s position effective immediately.
Cryptologic, once the leader in online gambling software, has lost its competitive edge in recent years as a result of mismanagement and executive in-fighting.
UFC Champ Georges St-Pierre to Endorse Online Poker Room 888.com
One of the UFC’s most recognized names, Montreal’s own Georges St-Pierre, has been announced as a new global ambassador for the popular online poker site 888.com.
Rock Gaming of Ohio Invests $60.8 Million Into Caesars Internet Poker Arm
Just days after it was revealed that Donald Trump’s camp was in talks with 888 Holdings, the Las Vegas Review Journal on Wednesday reported that Caesars Entertainment Corp. has sold an undisclosed percentage of its online poker subsidiary to its partner in two Ohio casinos for $60.8 million.
Carbon Poker Takes Over Poker Nordica Accounts
As reported by Gambling911.com yesterday, online poker site Poker Nordica has closed its doors. But now for the good news: Carbon Poker is now allowing affected players to move their accounts from Poker Nordica over to Carbon and there are plenty of incentives to do so.
8th Straight Week of Online Poker Traffic Decline: iPoker Network Takes Over Number Two Spot
This week marked the 8th consecutive fall in traffic among the worldwide online poker websites, according to PokerScout.com, a site that monitors “real cash” play for most virtual card rooms.
Traffic overall fell 3.5 Percent. A further drop off can be expected due Easter and Passover occurring this week.
Zynga, Wynn in Talks to Offer ‘Real Money’ Online Poker in US
The world’s biggest free-to-play online poker venture, Zynga, is rumored to be joining forces with one of Las Vegas’ most recognized names, Wynn.
The New York Post first broke the story early Wednesday morning with the caveat that “odds may not favor tie-up”:
Palms Casino Prepares to Open New Sportsbook
The fabulous Palms Casino is preparing to open a brand new state-of-the-art sportsbook.
BetOnline.ag Opens Its Doors
BetOnline is excited to announce that on Wednesday, April 4th, 2012 they will transfer all of their accounts to the website www.BetOnline.ag.
Full Tilt Poker is Hiring: Company Still Owes Millions
Shuttered Full Tilt Poker may be closer to a resurrection.
PokerFuse.com reported on Tuesday that a jobs posting out of FTP’s home base of Dublin, Ireland, sought out “multiple multi-lingual customer service positions need to be filled”.
Poker Nordica Shuts Down
Merge Gaming Network online poker room Poker Nordica has shut its doors, however, it appears as if accounts can be moved over to other rooms on the network such as Lock Poker and Carbon Poker.
Once the second largest virtual card room on the Merge Gaming Network after Carbon, Poker Nordica’s reasons for closing shop were not immediately known.
“We unfortunately need to close down Poker Nordica from April 1th 2012!
Calvin Ayre Hires Slotnick Father Son Team to Take on Baltimore US Attorney
Bodog.com founder Calvin Ayre has hired the father son tandem of Barry and Stuart Slotnick to represent him just one month after being charged with money laundering by the US Attorney’s Office out of Maryland.
Trump News Causes 888 Holdings Shares to Surge
Overnight news that real estate and casino mogul Donald Trump is in talks with 888 Holdings to potentially offer “real money” online poker play in the US has sent that company’s shares surging to a 56-week high of 65 pence earlier in the day. New Jersey, which is home to a handful of Trump-branded casino establishments, is looking to become a hub for the regulated online poker industry.
Donald Trump in Talks With 888 Holdings to Offer US Online Poker
News broke late Monday night that Donald Trump and publicly traded Internet gambling firm 888 Holdings are in talks to offer online poker in the US once it becomes regulated.
Trump is the latest in a line of US-based firms looking for potential partnerships in the States as the industry prepares to open up.
Party Poopers: No More Bad Beat Jackpots at PartyPoker
PartyPoker this past week abandoned its Bad Beat Jackpots, citing the desire to “ensure a healthier poker room, offering you better cash games and more players to play against”.
The last PartyPoker Bad Beat Jackpot hit this past Friday. Party offered little, if any, notice regarding the removal.
LGA Addresses Everleaf Gaming Network Non-Compliance Issue….Sort Of
The Lotteries and Gaming Authority of Malta (LGA) is still closely monitoring the “non-compliance” issues involving one of its licensees, Everleaf Gaming.
New York Times: The Neighborhood Bookie Gets High Tech and Goes Pay Per Head
This weekend, the New York Times featured a good article on the local bookies and how they have reinvented themselves by going online.
From The Times:
The basic setup is simple: Instead of taking a phone call from every hopeful bettor, the bookie directs his clients to a Web site, where bets can be recorded, tracked and totaled. The bookie can then log on and see who owes — or is owed — money in the coming week.
MGM Will be ‘Punished’ if They Don’t Get Internet Poker Right in US
CardPlayer.com reports that Nevada Internet poker licenses will not be ready until June and it will take a prolonged period beyond that for testing to occur before sites can go live for real money play.
William Hill Having Tough Time Getting Nevada License: Under Intense Scrutiny
One of the United Kingdom’s biggest bookmakers is having a rough go at breaking into the US market.
European companies are looking to forge relationships with US-based casinos in an effort to get a leg's up in the critical US regulated online gambling market....once it opens up.
Sheldon Adelson Done With Newt Gingrich: ‘He’s at the End of His Line’ (Video)
In an interview featured on the Jewish Journal Thursday, casino magnate Sheldon Adelson essentially said that Newt Gingrich’s campaign to become the GOP US Presidential nominee is over.
Foxwoods $2 Billion Debt, FBI Probe
(Associated Press) - - For two decades, the Mashantucket Pequots lived like Indian gambling royalty. Luxury cars abounded on their tiny, gated reservation of colonial and ranch-style homes in the woods of southeastern Connecticut.
