US Financial News
US Financial News and Odds on the US Economy
Zynga IPO Could Happen in June: Company Worth $10 Billion
The popular social gaming and poker company Zynga is expected to file for an IPO some time in June, though most of the speculation is focusing on the later part of the month.
Macau Casino Stocks May See Short Term Drop Second Half of 2011
DOJ indicts founders of top US online poker sites - UB.com & Full Tilt
New Jersey Gov. Chris Christie Vetoes Online Gambling Bill
New Jersey Gov. Chris Christie vetoed a bill that would have made his state the first in the U.S. to re-introduce online gambling.
Vegas Airline and Casinos To Funnel Gamblers to Nevada
A new charter airline plans to launch casino-themed service between Las Vegas and New York City this summer.
Apple Users Rejoice Over New Sports Handicapping App
Las Vegas Economy Hangs by a Thread
A turnaround in Nevada's economy hinges on recovery in the national economy, a university economist stated this week.
Markets Tank: Wall Street Stocks Down More Than 2 Percent
It was another nail biter on Wall Street today as stocks fell more than 2 percent.
At press time 2 pm EST, stocks were at 10174.64 -269.73.
City Center Las Vegas Continues to Struggle
MGM Mirage's CEO stated that despite operating losses and a write-down on its CityCenter joint venture, the casino operator has solid plans to attract more customers to struggling Las Vegas.
The company's plans have long centered around CityCenter, the $8.5 billion complex of resorts, restaurants, entertainment, retail shops and a casino it built with Dubai World, which opened in December. And state and local leaders have looked to CityCenter as a must-see attraction that will provide jobs and renewed motivation for visitors to come.
Unemployment Up to 9.9%: Betting Market Grim Forecast
The economy added a net 290,000 jobs but that didn't stop unemployment from going up to 9.9% from 9.7% last month.
Sabotage Not Ruled Out In Wall Street Plunge: Bettors React
President Obama has not ruled out sabotage in Thursday's shocking near 1,000 point loss on the Stock Exchange after rebounding later in the day.
The president announced Friday morning that a full review is being conducted, and Gibbs said Obama is waiting to hear the results of a review before ruling out what might have caused it, including the possibility of sabotage, The Hill reported on Friday afternoon.
Legal Online Gambling in the US Would Create 32,000 Jobs
A study released by H2 Gambling Capital suggests that some 32,000 jobs can be created in the United States with the legalization of online gambling.
Newspaper Industry Looks to Online Gambling to Boost Profits
Mainstream newspapers in Australia and the United States are starting to plug into the streets paved with gold - online gambling, following the lead from our United Kingdom based media mates.
Media Man and Gambling911 probe the situation in an Aussie - Yankee double investigation, with earlier indicators showing that newspapers are seeing the "green", following the money trail to gambling, be it in AUD, USD, GBP or monetary other denominations.
Steve Wynn Divorce Among Most Expensive
Steve Wynn's $1 billion divoce may be the most expensive ever, at least according to Wynn. He and his wife Elaine split their 38 percent stake in Wynn Resorts Ltd. Elaine walked away with $955
Gambling in Hawaii: Wipe Out
Carrie Stroup sadly packed her bags last night, as a move to legalize casino gambling at the Hawaii Legislature this session is now dead.
Alabama Baptists and Casino Supporters Clash
Anti-gambling leaders had their work cut out for them to speak over an unruly crowd at a rally held Feb. 23 on the steps of the Statehouse.
North American Poker Tour Exposes PokerStars
A lucrative sponsorship deal of the North American Poker Tour will further help to boost market share for online poker's largest room, PokerStars.com. The
Business Week: Casino Sector Continues to Rise
Shares of casino operators traded mostly higher Tuesday -- led by those with properties in Macau -- as investors remained upbeat about the latest gaming revenue figures for the Chinese enclave.
Philly.com: Harrah’s Exec Seeks to Revitalize Atlantic City
By Suzette Parmley
Inquirer Staff Writer
The Best of 2009: Most Popular Poker, Online Gambling Stories
You may see a few of these "Best of 2009 Poker and Online Gambling Stories" elsewhere, but Gambling911.com has the real heavy hitters, those stories that scored huge traffic wins. Yes,
More Information on CNBC’s Upcoming Gambling Program
Mark your calendars Gambling911.com readers. Next Wednesday December 16, 2009 CNBC will present its original program "CNBC Investigates: The Big Business of Illegal Gambling". Until
PIC Club Poker Posts 9.1 Percent Dividend for Users
The online poker payment platform, PIC Club, has posted a 9.1 percent dividend for users, according to CEO Chuck Kidd.
Does a Twitter a Day Mean Apple Will Pay?
With the Holiday Season upon us, speculation regarding tech gift sales are at an all time high. With that in mind, the odds specialists at the largest most successful sportsbook on the web, BetUS.com posted odds on what is in store for Apple in 2010 including angles on a potential Twitter buy-out, Steve Jobs' role and much more. "We always see a lot of action on holiday sales around this time of year," stated BetUS.com spokesman Reed Richards. "And interestingly enough, the trend has been that people like to bet on Apple.
Las Vegas Sands Eyes Japan, Thailand
HONG KONG (TheStreet.com) -- Las Vegas Sands(LVS Quote) is eyeing further expansion
Youbet Churchill Downs Deal May Not Go Through
At least five different shareholders of the horse racing website YouBet.com Inc. have expressed disillusion over a proposed merger with Churchill Downs, Inc.
Charles Proctor of the Los Angeles Business Journal reports that these individuals have filed lawsuits in Los Angeles Superior Court alleging that Churchill Downs is underpaying for the Burbank-based company.
Banks Wanted Delay in Online Gambling UIGEA Reqs Too
It wasn't just the online gambling sector and ally Congressman Barney Frank who wanted a delay to implementation of Web gambling prohibition. The banks made a similar request.
