US Financial News
US Financial News and Odds on the US Economy
Las Vegas Art Museum Victim of Economic Recession
When one thinks of Las Vegas, usually the last thing that comes to mind is art. But Sin City does have museums...or...let's rephrase that...DID HAVE MUSEUMS.
The Las Vegas Art Museum, Southern Nevada's first fine-arts museum and one of the city's cultural mainstays since 1950, has become the latest victim of a disastrous economy, according to Ken Miller of the Las Vegas Weekly.
The Museum will close the end of this week.
California Legislators Would Speak to 888.com About Online Poker
Sources close to Gambling911.com have reported that legislators in California are so intent on legalizing online poker in that troubled state they are looking to attend an upcoming i-Gaming confere
Jon Kyl Agrees With Barney Frank Regarding Bank Nationalization
Republican Senator Jon Kyl and Democratic House Financial Services Committee Chairman Barney Frank remain on opposite sides of the spectrum when it comes to legalizing online gambling. Kyl calls
Bookmaker Weighs in on Big Three Automakers Bankruptcy Odds
BookMaker.com, the leading online gaming and sports book destination, issued lines today on several of the most talked about financial and entertainment stories of the day.
Online Gambling Disaster Avoided in Midst of Stanford Bank Debacle
Unscrupulous payment processors, stringent new U.S. banking laws and one man's religious position related to gambling may have been enough to avert a catastrophe in the online gambling sector.
The industry it seems has learned from past mistakes not to keep all its eggs in one basket, a good thing considering Antigua's largest bank may be on the verge of folding. Assets are now frozen in Stanford International Bank following an FBI investigation.
Antigua Freezes Assets in Stanford International Bank
Much as they did when one of the world's largest online gambling firms, BetonSports, shut down under investigation nearly three years ago, the tiny Caribbean nation of Antigua has froze all assets
Allen Stanford Fraud Case Could Mar Online Gambling Hub
The tiny Caribbean nation of Antigua has done most things right. They have cooperated with other international governments in order to ensure their banks were in compliance as a means of cracking
Trump Taj Mahal Files for Bankruptcy Protection
Atlantic City is reeling from the current economic crisis and the landmark of its casino strip, the Trump Taj Mahal, has filed for bankruptcy protection. It is one of three hotel casino operation
Republican Senator Jon Kyl Pork: Good for Port Security
In a briefing with several of his colleagues, Republican Arizona Senator Jon Kyl called the Obama Economic Stimulus bill "a stinking, bloated, quivering pile of liberal pork." Yet amaz
Economic Stimulus Package: What Would Jesus Do?
If Jesus had passed an economic stimulus package similar to the one President Obama has proposed, we would still be paying for it. So says 2012 Libertarian Presidential hopeful, Wayne Allyn Root.
Las Vegas Mayor Wants Apology From Obama
Las Vegas' colorful mayor, Oscar Goodman, wants President Barack Obama to apologize for saying that companies shouldn't visit Las Vegas using tax payers money.
"What's a better place, as I say, than for them to come here," Goodman told KLAS-TV. "And to change their mind and to go someplace else and to cancel _ and at the suggestion of the president of the United States _ that's outrageous."
Bernard Madoff Scammed Professional Poker Player
A professional poker player who is in the Poker Hall of Fame is among the thousands of investors who were scammed out of money by con man financial manager Bernard Madoff.
California Wants Legislation Making Online Poker Legal
California lawmakers are working to pass a measure that would legalize online poker. The state, which has been among the hardest hit by the current recession, would welcome some already existing
Las Vegas Deep Discounts Make for an Attractive Vacation Spot
It may seem illogical. Head to Vegas and spend money gambling, dining, checking out the shows. But that's what economic stimulus is all about, getting people to spend....just do so wisely. Du
Online Gambling and the Economy: The Media Stimulus
Throughout these trying times, Gambling911.com will be highlighting ways in which a fully legalized online gambling industry can help to stimulate the U.S.
Pennsylvania Wants Video Poker Legalized to Pay for College Tuition
(Associated Press) Gov.
Bad Beat Poker Jackpots Winning Big in Bad Economy
It turns out that in online poker winning really isn't everything.
Financial Crisis Not Affecting Poker Pro Shannon Shorr
With all this doom and gloom Gambling911.com has been reporting about poker pros in dire straits due to the financial crisis, it's good to see that young ‘em Shannon Shorr may be taking some time
World Economic Crisis Digs Deeper Into Poker World?
Gambling911.com has reported in recent weeks on big name poker players who appear to be getting hit by world economic crisis.
Super Bowl Betting Down in Vegas: Up Online
The Super Bowl betting numbers are in and the results: A total of $81.5 million was wagered in the state's sports books on Super Bowl XLIII, an 11.5 percent decrease from the game's 2008 handle, ac
Wells Fargo Cancels Trip to Vegas
After intense pressure in the media, Wells Fargo Bank has decided to cancel a highly publicized trip next month to Las Vegas for employees as part of a gambling excursion. Many charged the financ
Barney Frank Agenda Includes Online Gambling
U.S. Rep. Barney Frank, a Massachusetts Democrat and head of the U.S.
Steelers Win and Failure to Cover Best Scenario for Books
"It was the best-case scenario for us to have the Steelers win and not cover," Hilton Sportsbook Director, Jay Kornegay told the Las Vegas Review Journal Monday.
For online sportsbooks, nearly 80 percent of the money line action was on the Arizona Cardinals to win outright. Betting on the Pittsburgh/Arizona spread was relatively even but for many books, the amount of bets taken favored the Steelers.
Rising Poker Star Joins LA Times Business Staff
He finished in 60th place at the World Series of Poker last summer and came in 4th place in September's California State Poker Championship. Stuart Pfeifer may not be a big
Recession Has No Effect on 2009 Super Bowl Betting: Records Broken
There was a bright spot heading into this new week amidst what is otherwise a dark abyss known as the world economic meltdown. The 2009 Super Bowl has been deemed a success despite an economic re
2009 Super Bowl Betting Not Hurt by Financial Crisis
Slightly more money was brought in on this year's multi-million dollar Super Bowl ad spots than last year, the parties are still taking place and of course 2009 Super Bowl betting will go on as it
Super Bowl Betting in Las Vegas Big as New Year’s Eve
Few events draw bigger crowds to Las Vegas than the Super Bowl and the betting frenzy that coincides with it - not to mention the huge parties. Celebrities descend upon Vegas in droves this weeke
Financial Crisis Hits Todd Brunson Investments Hard
It never seems to end and some of us here at Gambling911.com have concerns this is just the tip of the iceberg. Financial problems have reportedly hit the son of poker legend Doyle Brunson.
Hilton Las Vegas Hopes Super Bowl Betting Boosts Economy
Hilton sports book executive director Jay Kornegay told the Las Vegas Sun that there are more than 300 such wagers on the Hilton's sheets this year.
U.S. Economy: States Can Ill Afford to Lose Their Lotteries
In this time of serious economic crisis in the U.S.
