Betfair Shares Plummet 22 Percent Post-IPO

Submitted by Alejandro Botticelli on,

James Packer Crown Casino; Set For a Ten In 2011

Submitted by Greg Tingle on,

Australian Media, New Media And Casino Wars – December 11, 2010

Submitted by Greg Tingle on,

Tingle: Tabcorp Casino Chips Center of Drug Investigation

Submitted by Greg Tingle on,

Legalized Internet Gambling A “Sloppy Wet Kiss To Nevada Casinos”

Submitted by C Costigan on,

Australian Casino Wars: Star City Official Opening

Submitted by Greg Tingle on,

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,

Wynn Macau Overtakes Sands China

Submitted by Jagajeet Chiba on,

Betbull Reports Reduced Losses in 2010 So Far

Submitted by Aaron Goldstein on,

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,

MGM China Hong Kong IPO Likely in 1st Quarter 2011

Submitted by Aaron Goldstein on,

Crown Casino Hammered: 24-Hour Gambling Binges, Machine Urination Alleged

Submitted by Jagajeet Chiba on,

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

Submitted by Greg Tingle on,

Atlantic City Casino Reform, Internet Gambling Won’t Work Claims Moody’s

Submitted by Aaron Goldstein on,

Account Security Top Priority for UB.com and AbsolutePoker.com

Submitted by Payton on,

Gambling.com Domain Up For Sale

Submitted by Aaron Goldstein on,

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 on,

Crown Casino Accused of Allowing Desperate Gamblers to Urinate on Machines

Submitted by Greg Tingle on,

New Jersey Senate Also Approves Internet Gambling Bill

Submitted by C Costigan on,

Motley Fool Looks At Potential Players In Legalized US Online Gambling Field

Submitted by Aaron Goldstein on,

Black Friday 2010: All Bets Are On For iPad Sales

 

Submitted by Aaron Goldstein on,

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,

This Is Your Life; Crown Casino Style

Submitted by Greg Tingle on,

Bwin Stocks Rise On Good Germany News

 

Submitted by Aaron Goldstein on,

Ladbrokes Abruptly Pulls Out of China, Hong Kong Market

With little notice, the United Kingdom’s largest bookmaker, Ladbrokes, will stop accepting bets online from those living in China and Hong Kong.

Submitted by Jagajeet Chiba on,

Stan James buys stake in online betting firm

Global online gaming operator Stan James Plc has announced the acquisition of a majority stake in Racing2day LLC, presided over by Belfast man Vincent Caldwell.

Submitted by C Costigan on,

IGT Files Suit for Patent Infringement Against Aristocrat

Submitted by Greg Tingle on,

Bet365 Will Never Float

Submitted by Aaron Goldstein on,

Sportingbet Considers Merger With Unibet

Submitted by C Costigan on,