Gambling Companies
Gambling Companies, Gambling Stocks
International Gaming Technology vs. Aristocrat Leisure Legal Battle Ensues
Macau Gambling Revenue Continues Unprecedented Rise Into 2011
Macau, the world’s biggest gambling destination, is anticipating a 49 percent rise in casino revenue this month according to analysts at CLSA Ltd.
OpenBet in £208m Management Buy-Out
A major technology company, whose clients include William Hill and Ladbrokes, is undergoing a major Management buy-out to the tune of £208 million, this according to the Telegraph.
New Jersey Online Gambling Just In Time For Dying Atlantic City
Remember back in the days when Atlantic City used to be a dump?
Well, the casino Mecca is heading back in that direction it seems.
The Newark Star Ledger this week reported that, in just four short years, the nation’s second largest gambling destination has lost nearly 25 percent of its market share.
Online Poker Traffic Rises Nearly 1 Percent
The holiday week resulted in an 0.9 percent rise in online poker traffic according to monitoring website PokerScout.com.
Player counts dropped steeply on Christmas Eve, Christmas Day and New Year's Eve, dipping even lower than last year's holidays. The plunge was to be expected, however, as the holidays fell on weekends this year and a larger-than-usual number of players took to the roads and skies to spend time with their families.
Negreanu’s UB.com Rants Continue: Was Once Approached To Invest in Company
Macau Gambling Revenue Surges to $23B in 2010
HONG KONG — (Associated Press) - Macau's government says casino gambling revenue surged by more than half in 2010, solidifying its rank as the world's biggest gambling market.
Data posted on a government website Monday showed that casino revenue totaled 188.34 billion patacas ($23.52 billion) last year. That's 57.8 percent higher than the 119.37 billion patacas reported in 2009.
Station Casinos Group Donates $13K to Salvation Army Following Theft
XL Bet Shuts Down, Stiffs Players
An obscure online sports betting website, XL Bet, has closed its doors for good, stiffing customers in the process.
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.
Grand Privé Captain Shockwave Video Slot a Shock to Online Casino Affiliates
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.
