Business/Financial
March Madness Office Pools Costs Employers $1.8 Billion
Most work places this week have partaken in the annual ritual of setting up March Madness office pools while the more savvy employee uses his or her Web-enabled phone to
Dollarization in Costa Rica? Good Bye Beloved Colon
The online gambling hotbed of Costa Rica may want to consider abandoning its much beloved colon in favor of the US Dollar.
MGM To Leave Atlantic City Over Questions About Ho
ATLANTIC CITY, N.J.
Betfair US Boss Gerard Cunningham Out
eGaming Review Magazine is reporting that Betfair US Head
Merge Poker Signs on Yet Another Online Poker Room
Merge Gaming today announced that PokerHost.com, has joined one of the fastest growing poker networks in the world.
Tiger Woods Camp Rejects Online Gambling Offer
Following recent international media coverage of Paddy Power's negotiations with IMG to sponsor Tiger Woods, the company confirms that its initial offer cov
Sands Singapore to Open Next Month
SINGAPORE - US gaming giant Las Vegas Sands said on February 24 its casino project in Singapore will open on April 27, months behind the original schedule of late 2009.
Donald Trump vs. Karl Icahn in Atlantic City
While the rest of the world gets ready for the upcoming Pacquiao vs.
Carl Icahn Takes Over Tropicana Atlantic City
(Reuters) - Billionaire investor Carl Icahn has regulatory approval to own the Tropicana Casino Resort in Atlantic City, the New Jersey Casino Control Commission said on Wednesday.
PartyGaming The Latest to Report Poor 2009 Showing
With Sportingbet a bit of an exception to the rule, online poker's 4th largest network, PartGaming, reported a poor showing in 2009 with numbers down to $135.0 million from $144.2 millio
Sportingbet Reports Good News in Online Gambling Sector
With a number of bookmakers reporting poor showings in recent days, Sportingbet has provided a ray of hope on Wednesday.
Sands China Revenue up 22 Percent
March 2 (Bloomberg) -- Sands China Ltd., Asia's biggest listed casino operator, said profit rose 22 percent last year as Macau visitors gambled more on card games and slot machines.
Net income increased to $213.8 million from $175.7 million a year earlier, Sands China, which has the second-biggest market share among Macau casinos, said in a statement to Hong Kong's stock exchange today. That compared with the $225 million mean estimate of four analysts surveyed by Bloomberg.
2009 Bad Year for Bookmakers: Paddy Power Down
Paddy Power is the latest bookmaker to show a slide in profits for 2009, following Ladbrokes a 2
William Hill Sees Challenging 2010
By KATHY GORDON, WSJ.com
LONDON-U.K. betting group William Hill PLC Friday posted a 7% drop in full year profit, slightly ahead of guidance provided in January, and said its 2010 expectations are unchanged as the unusually severe winter weather in the U.K. in January only pushed revenue down 0.6% in the first seven weeks of 2010.
Virgin Group May Move Into US Online Gambling Market
The Virgin Group continues to expand on the online gambling front as they seek investors to help the company move into newly open markets, according to a report filed by
Sportsbook .com Moves to Merge: 6 Times Growth Expected
The Merge Poker Network just received a serious injection to help in its aggressive growth plans.
Bing, Yahoo Deal Should Help Online Gambling Sector
Search has helped build the online gambling industry from all the way back when now defunct BetOnSports would bid on the best terms at Go.com to now where a coveted top 3 spot on the first page of
America: A Big Fat Greek Tragedy
Wayne Allyn Root, the 2008 Libertarian Vice Presidential nominee and frequent contributor to the Gambling911.com website, will be appearing on Fox News Friday.
Ladbrokes Falling Profits Symbolic of Failing Economy
It was very bad news for the United Kingdom's largest bookmaker. Ladbrokes on Thursday reported a 28% fall in profits in 2009.
Poker Domain Sells for $1 Million
It's the most money sold for a .org domain name. Poker.org sold for $1 million this week.
According to TechCrunch.com:
Las Vegas Sands Losses Narrow: Macau 80% of Revenue
(Bloomberg) -- Las Vegas Sands Corp., the casino company expanding in Macau and Singapore, reported fourth- quarter earnings that met analysts' estimates as growth in the Chinese gambling market co
betFair Makes Board Appointment While Considering IPO
(Bloomberg) -- Betfair Ltd., which enables gamblers in 140 countries to bet with each other over the Internet, appointed Marks & Spencer Group Plc's Ian Dyson to its board amid
Chiba: Can Sports Betting Lower New Jersey Property Tax?
Ask anyone living in the state of New Jersey why they voted for Chris Christie as Governor of the state and the majority of residents will tell you it had everything to do with former Governor Corz
Italian Mobsters buck Downturn, May Target Bourse
ROME - (Reuters) - Italy's mafia crime syndicates bucked the recession in 2009 to raise 'profits' by almost 8 percent with the financial crisis making companies and even the stock market even more
Wayne Allyn Root: How I Would Fix The Economy
If You've Ever Wondered How a Common Sense Small Businessman Would End This Depression and Save Capitalism...Here is the Plan... (note that Wayne Allyn Root's opinions are not necessarily those of
Betfair in Talks With Goldman Sachs, Morgan Stanley
James Ashton From: The Time
Bwin PartyGaming Merger Possible
(Bloomberg) -- Bwin Interactive Entertainment AG, an Austrian online bookmaker, is in talks with the PartyGaming Plc about a possible merger that would create a company with a market value of more
Macau Casino Revenue May Increase by 50 Percent
(Bloomberg) -- Macau, the world's biggest gambling hub, may see wagering revenue grow by a record 50 percent in January, according to CLSA Ltd.
MGM Mirage sues 6 in China Over Web Domain Names
By Steve Green, Las Vegas Sun
Macau Sees Double Digit Growth
(Bloomberg) -- Melco Crown Entertainment Ltd. is seeking to regain market share as gambling in Macau returns to "double digit" growth for the first time since the global
