Business/Financial
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
Gaming Companies Rise on Vegas Data
(Associated Press) - Shares of some of the nation's biggest casinos climbed Thursday after preliminary figures showed Las Vegas gamblers spent more money in November.
Recession Over In Las Vegas? 2.9 Percent Hike In Nov. Visitors
It may be too soon to call but the good news for Las Vegas is that Sin City had experienced a 2.9 percent increase in visitors during the month of November.
Ladbrokes CEO to Step Down
By LILLY VITOROVICH
wsj.com
LONDON--Ladbrokes PLC said Tuesday Chief Executive Christopher Bell is leaving after nine years at the helm of the U.K. gambling company.
Mr. Bell, who has agreed to stay on into the summer, has come under fire over the past 12 months "for overseeing a difficult period in the group's history, culminating in a punitive equity raise in October 2009," said Daniel Stewart analyst James Hollins said.
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.
Online Gambling Company 888.com Loses Two Co-Founders
12 year old 888.com (previously known as Cassava Enterprises) has lost one of its founding directors, Israeli Shay Ben-Yitzhak. The Non-executive director Shay Ben-Yitzhak, has resigned with imme
Casino Stocks Soar on Strong Macau Showing
HONG KONG, Jan 5 (Reuters) - Shares of Macau casino operators rose on Tuesday on reports that gambling revenues in the enclave in December rose 48 percent from a year earlier, signalling sustained
Sands China a “Buy” Says Citi, UBS
HONG KONG (Reuters) - Shares in Sands China (1928.HK) climbed as much as 6.3 percent to their highest level in more than two weeks after Citigroup and UBS initiated coverage on the Macau unit of U.
Philly.com: Harrah’s Exec Seeks to Revitalize Atlantic City
By Suzette Parmley
Inquirer Staff Writer
Harrah’s Chief Wants to Bring Caesars Palace to Macau
Dec. 22 (Bloomberg) -- Harrah's Entertainment Inc.
888.com to Buy Bingo Company for £60 Mln
LONDON (Reuters) - Online gaming firm 888 <888.L> has agreed to acquire Wink Bingo from Daub Ltd for up to 59.7 million pounds and said current trading had remained strong and in line with ex
Facebook to Ban Online Gambling Ads
The popular social networking website Facebook.com has come under fire this week for its updated privacy policy, much of which is an attempt to bring additional exposure to the site's advertisers.
Las Vegas, Travel Industry Worried Over State Tax Hikes
The travel industry, including a reeling Las Vegas, has its battle plans drawn.
Cryptologic May Get Into Sports Betting Industry
Long established online casino software provider, Cryptologic, is on the verge of entering the sports betting realm.
The company looks to sign a deal with multi-national Internet sports betting operator Betclic and is preparing to launch a series of new games in partnership with multinationals DC Comics and Paramount Digital Entertainment.
PartyGaming, BWIN in Merger Talks
LONDON (Reuters) - Online gaming firm PartyGaming (PRTY.L) is in merger talks with Austrian rival bwin Interactive Entertainment (BWIN.VI) in a deal that could create an internet gambling giant, ac
Asian Casino Magnate Stanley Ho Recovering Nicely
Macau casino magnate Stanley Ho, who has been hospitalized for the past four months, is likely to be discharged shortly.
Lenders Take Over Atlantic City Casino
By WAYNE PARRY Associated Press Writer
Don't pay your mortgage, and eventually the bank will own your home.
