Gambling Companies
Gambling Companies, Gambling Stocks
Poker Cheating Scandal Raises Questions Regarding Big Name Pros
In a very well written report from our friends at AintLuck.com, the spotlight shines on today's big name poker pros - specifically Phil Ivey.
The question: Is it a conflict of interest for a part-owner in an online poker room the likes of Full Tilt Poker to rack up over $8 million in cash games over an 18 month span there?
AintLuck attempts to answer that question.
Spencer Bachus Ready to Fight Online Gambling Legalization
Alabama Congressman Spencer Bachus (R) has worked hard to ensure that online gambling prohibition stays in place. He knows the tide is turning but Bachus won't go down without a fight.
"I keep saying to everyone involved, if people want to go to a casino, that's one thing, but putting a computer in the bedroom of every teenager has addicted a whole generation," Bachus said in a recent interview with the Birmingham News.
Online Poker Cheating Scandal: It's Not Joe Norton's Week
An online poker cheating scandal has thrust the most unlikeliest of men into the spotlight.
Top NFL Games Mean Strong Ratings for 60 Minutes Poker Story
Sometimes good stories are missed on 60 Minutes as a result of NFL games being played out past the 7 pm EST hour on Fox.
60 Minutes to Air Absolute Poker Insider Cheating Story Sunday
It's finally here. The much anticipated 60 Minutes segment on insider cheating and online poker. At the center of the investigation, AbsolutePoker.com
BetonSports Boss Wife Sits Down With Gambling911
Holly Kaplan is angry. The wife of BetonSports founder, Gary Kaplan, is growing impatient with the US justice system. It's been nearly two years since her husband was incarcerated and to date t
PartyGaming Profits Continue to Decline
As world economies continue to slide downward, the trend has carried over into the finances of online poker companies as well.
Getting Around Online Gambling Prohibition? Lottery Site Explains
The website www.lottoIP.com claims to a way of gambling online legally in the United States, even in the commonwealth of Kentucky, which in recent months has t
Randy Couture Loses UFC 91, Wins With Full Tilt Poker
The world's second largest online poker room has joined forces with one of the world's greatest Mixed Martial Arts fighters, Randy Couture.
Quarterly Revenues Stagnant at PartyGaming: Still in Talks With US
PartyGaming is blaming gains in the U.S.
Paddy Power on Track to Record Operating Profits
Bookmaker Paddy Power has said it is on track to record operating profits of around €75m for this year, in line with its previous outlook.
888 Sales Down Mostly Due to Exchange Rates Swing
(Bloomberg) -- 888 Holdings Plc, the second-largest U.K.
Cake Poker Begins Blocking Customers From Kentucky
Chatter among popular internet poker forums has been that the Kentucky ruling regarding
Asia Casinos Could Suffer Severely With Economic Downturn
Forget the idea that gambling is "recession proof". Las Vegas was among the first to start reporting drastically declining revenues and layoffs long before any "Wall Street Bailout
Cryptologic Merges With Boss Media
In a deal worthy of giants, CryptoLogic, an online pioneer and one of the world's largest online gaming software firms, has reached a landmark partnership with Boss Media AB, a subsidiary of GTECH
Greece Shuts Down Stanleybets Betting Outfits
ATHENS, Nov 10 (Reuters) - Greece has shut down UK-based fixed-odds betting firm Stanleybet's two shops in the country for violating a law that protects Greek OPAP's betting monopoly, Stanleybet
Paddy Power Removes Obama Assassination Odds Following Public Outcry
Irish bookmaker, Paddy Power, has decided to remove odds on P
Microgaming Online Gambling Software Website To Block All US Traffic
Gambling911.com has learned that effective Monday, Microgaming - a leading software provider for online casinos and poker sites based in South Africa and the Isle of Man - will begin blocking all U
Las Vegas Sands Plunges on Default, Bankruptcy Risk
Nov. 6 (Bloomberg) -- Las Vegas Sands Corp., billionaire Sheldon Adelson's casino company, plunged in New York trading after saying it may default on debt and face bankruptcy.
The casino owner, which had $8.8 billion in long-term debt at the end of June, said in a regulatory filing today that it probably won't meet the requirements of some loans unless it cuts spending on development projects, boosts earnings at its Las Vegas Strip casinos and raises more capital.
Court Approves $15 Million Settlement in UltimateBet Matter
Tokwiro Claimed Damages As A Result of UltimateBet Cheating Scandal Refunds To Affected Players Completed
World Poker Tour Enterprises, Inc. Reports 3rd Quarter 2008 Financial Results
WPTE 0.39, 0.00, 0.0%) today announced financial results for the third quarter ended September 28, 2008. Business highlights for the quarter included the delivery of three episodes of Season Six of the World Poker Tour(R) ("WPT") television series and signing a broadcast license agreement with Fox Sports Network ("FSN") to air 26 all-new, one hour episodes of Season Seven of the WPT television series in the United States, across FSN's national sports cable network.
Microgaming Website Down: A Kentucky Casualty?
On Tuesday morning, one of the online gambling industry's largest software providers, Microgaming, was not online. The dreaded "Site Not Available" appeared when anyone tried to type in
Bodog Internet Gambling Leads to Money Laundering Charges
As widely feared, reports surfaced on Thursday that charges have been levied against Bodog and its falling Internet gambling empire.
Federal authorities in Maryland have filed money-laundering charges against two men, Edward Courdy and Michael Garone, who have figured in an ongoing investigation into Bodog, according to the Baltimore City Paper.
Poker Company Challenging NY State Gambling Laws
In light of the outlawing of most forms of online and live gaming, a relatively new trend has popped up. Most commonly known as bar poker leagues, these are free to the public and most times host
William Hill Price Cut On Gambling Fears
LONDON (SHARECAST) - Concerns over the future of the highly lucrative fixed-odds betting terminals has contributed to US bank slashing its target price for bookie William Hill.
There is evidence to suggest that the betting terminals are a contributory factor in gambling addiction, and with a Gambling Commission report due to be published next year, Citigroup believes there is a danger they may be banned from betting shops.
The Commission could also contemplate an increase in machine gaming duty.
Bodog’s Fall From Grace Continues
BodogLife.com - once the envy of online gambling operators everywhere - continues to struggle and perhaps nowhere is this more evident than by checking their stats at
Former BoS Executive: The Customers Will Receive Some Payment
Gambling911.com reporter Jenny Woo continues her interview with former BetonSports COO, Clive Archer.
UK Will Not Go Ahead With Sale of State Run Bookmaker
(Reuters) - The British government said on Wednesday it would not go ahead with the planned sale of state-owned bookmaker, the Tote, this autumn due to current market conditions.
'I have now concluded that it is not appropriate to pursue a sale in these market conditions. I have therefore decided that the Tote should be retained in public ownership for the medium-term, and brought to the market when conditions are likely to deliver value for the taxpayer and racing,' Minister for Sport Gerry Sutcliffe said in a statement to Parliament.
Paddy Power to Open New Online Bookmaking Shops
Despite the downward economy, Ireland's largest bookmaker continues to prosper it seems.
Paddy Power, which recently joined the Gambling911.com family of fine sponsors, has announced plans to open several new betting outlets in the North west region of England.
Former BetonSports Executive: It Was Like a Jigsaw
Gambling911.com's Jenny Woo recently spoke with BetonSports former COO, Clive Archer.
