Gambling Companies

Gambling Companies, Gambling Stocks

Gibraltar Raises Tax Levies On Internet Gambling Firms

The Internet gambling haven of Gibraltar, long known as a tax haven, has decided to raise tax levies.  Beginning in 2011, it will impose a standard 10 percent tax.

Submitted by Aaron Goldstein on, Dec/22/2010

Australian Gambling And Entertainment News - December 22, 2010

Submitted by Greg Tingle on, Dec/21/2010

Ladbrokes Looking To Buy 888.com

After a failed attempt to acquire mega online casino company 888.com four years ago, The United Kingdom’s biggest bookmaker, Ladbrokes, is trying once more.

It was revealed Sunday night that Ladbrokes is offering around £240m or 70p a share.  That is nearly half of what they offered four years back but the industry is in constant flux and online casinos in particular have been battered by the current economic crisis. 

Submitted by Aaron Goldstein on, Dec/19/2010

William Hill Shutting Stores, Paddy Power Big Hiring Plans

Submitted by Aaron Goldstein on, Dec/17/2010

Australian Casino Wars: Crown Casino VS Star City

Submitted by Greg Tingle on, Dec/16/2010

Australian Casino and Entertainment News – December 16, 2010

Submitted by Greg Tingle on, Dec/15/2010

Betfair Shares Plummet 22 Percent Post-IPO

Submitted by Alejandro Botticelli on, Dec/14/2010

James Packer Crown Casino; Set For a Ten In 2011

Submitted by Greg Tingle on, Dec/13/2010

Tingle: Tabcorp Casino Chips Center of Drug Investigation

Submitted by Greg Tingle on, Dec/09/2010

Australian Casino Wars: Star City Official Opening

Submitted by Greg Tingle on, Dec/02/2010

No More OTB in NYC? Last Minute Reprieve Could Happen

OTB or Off Track Betting has announced it will cease to exist in New York City as of this Friday December 3, 2010. But could the troubled 40-year-old betting firm get a last minute reprieve?

Senate Democratic Leader John Sampson of Brooklyn will be calling the Senate back into session on Tuesday in order to consider a bill that would save the OTB.  Any shutdown would result in 800 employees losing their jobs.

New York Governor David Paterson has also stepped in to try and find a last minute solution.

Submitted by Aaron Goldstein on, Dec/02/2010

Wynn Macau Overtakes Sands China

Submitted by Jagajeet Chiba on, Dec/02/2010

Betbull Reports Reduced Losses in 2010 So Far

Submitted by Aaron Goldstein on, Dec/01/2010

Betfair Accused of Robbing Hundreds of People Through “Happy Hour” Promo

The largest betting exchange in Europe, Betfair, has been accused of “robbing” players during a recent online casino “Happy Hour” promotion.

Submitted by Jagajeet Chiba on, Dec/01/2010

MGM China Hong Kong IPO Likely in 1st Quarter 2011

Submitted by Aaron Goldstein on, Nov/30/2010

Crown Limited AGM: Rev Up 6%, Hit By Singapore

Submitted by Greg Tingle on, Nov/30/2010

Gambling.com Domain Up For Sale

Submitted by Aaron Goldstein on, Nov/25/2010

Mobile Betting Boosts Sportingbet Profits

(The Press Association) - Online bookmaker Sportingbet said it has seen an increase in punters gambling on-the-go amid the growing popularity of smartphones.

Submitted by Guest on, Nov/24/2010

New Jersey Senate Also Approves Internet Gambling Bill

Submitted by C Costigan on, Nov/22/2010

Black Friday 2010: All Bets Are On For iPad Sales

 

Submitted by Aaron Goldstein on, Nov/22/2010

Harrahs IPO Cancelled

Harrahs, the Las Vegas casino operator and sponsor of the World Series of Poker, has cancelled its IPO on Friday, citing declining marketing conditions.

News of the Initial Public Offering being scrapped comes one day after General Motors returned to the stock market surrounded by plenty of hoopla.  While the GM shares did not deliver a huge punch over the price of the initial public offering, there was still a 3.6 percent rise in the stock price.

Submitted by Aaron Goldstein on, Nov/19/2010

This Is Your Life; Crown Casino Style

Submitted by Greg Tingle on, Nov/19/2010

Breaking News

Malik Beasley Subject of Federal Gambling Investigation

NBA free agent Malik Beasley is under investigation by the U.S. District Attorney’s office regarding gambling allegations tied to league games, a person familiar with the situation told The Associated Press on Sunday.