Gambling News

Las Vegas Sands Corp Booming Asia Business: Shares Rise 2.3 Percent

 

Shares in Las Vegas Sands Corp (LVS.N) posted a better-than-expected quarterly profit last week thanks to its new Singapore resort and gambling in Macau. 

Sands, whose shares rose 2.3 percent in morning trading, earned 17 cents a share in the second quarter after adjusting for one-time items. Analysts on average expected 9 cents a share, according to Thomson Reuters I/B/E/S.

Net revenue rose nearly 51 percent to $1.59 billion.

"They had a monster quarter," said Sanford Bernstein analyst Janet Brashear.

Submitted by C Costigan on, Aug/02/2010

MGM to Report Earnings Tuesday

 

Submitted by C Costigan on, Aug/02/2010

Sen. R. Wright (CA) Supports PASPA Lawsuit for Sports Betting in NJ

 

California may benefit from legalizing sports betting, state senator says

Submitted by C Costigan on, Aug/02/2010

Japan Police Raid Yakuza Offices as Part of Sumo Gambling Scandal

 

(AFP) - Japanese police on Monday raided the offices of yakuza gangs in connection with a widening gambling scandal tarnishing the tradition-steeped sport of sumo.

Submitted by C Costigan on, Aug/02/2010

ABC News: Legalized Online Gambling a “Crap Shoot”

 

Submitted by C Costigan on, Aug/02/2010

Michael Jackson Online Casino Unauthorized Says Estate

 

The estate for late pop icon Michael Jackson claims that an online casino named after Jackson and using various trademarks is unauthorized to do so.

The online casino features an image of Michael Jackson and allows customers to play both casino games and bet on sports.  A message on the site reads: "The King of Pop is proud to bring you the most exciting Vegas style online casino betting experience on the Net!"

Submitted by C Costigan on, Aug/02/2010

Donald Trump Says He Supports Legalized Online Gambling

 

Speaking to the New York Post this past week, real estate and casino magnate Donald Trump said that he supported efforts to legalize online gambling.

Submitted by C Costigan on, Aug/02/2010

Online Gambling Bill Disastrous For Families Says Congressman

 

An Idaho Congressman has lashed out at his opponent for supporting an online gambling legalization initiative.

Submitted by C Costigan on, Aug/01/2010

Australian Political Parties Bet On Self To Lose

 

Readers, punters, gamers, casino billionaires, entrepreneurs, journos and political pundits, what a week, and what a story have we got for you. You've heard of an own goal in soccer. Well, get this... Australian political parties betting on themselves to loose the upcoming election... no joke folks. Centrebet is enjoying the spoils with the rumour mill saying PartyGaming want in, but the clock is ticking boys. Media Man and Gambling911 play 'Casino Jack' with this most unusual turn of events that is rumoured to bring Paul The Psychic Octopus out of retirement...

Submitted by C Costigan on, Aug/01/2010

Another Ugly Chapter in Disgraced NBA Ref's Tale

 

Lorri Helfand, Times Staff Writer

LARGO — Former NBA referee Tim Donaghy hoped his book, showing how he became the "central figure in a Mafia-controlled gambling ring," would earn enough to pay off a $200,000 debt. He also hoped it would provide some financial security for himself and four daughters.

To date, he hasn't gotten a dime.

Submitted by C Costigan on, Aug/01/2010

European Online Gambling Firms Want Into U.S. Market: Hopes Are High

 

Nearly all European online gambling firms, including the poker sites, have shied away from the U.S. market for the past 3 years following passage of the Unlawful Internet Gaming Enforcement Act (UIGEA) back in October 2006.  The first step towards appealing that law took place Wednesday with a markup in a House subcommittee.  Now it’s off to the House and Senate where further amendments are likely.

Submitted by C Costigan on, Jul/30/2010

Gambling News for Australia, Asia Pacific (July 30, 2010)

 

Readers er punters, another huge news week for gambling in the Australian - Asia Pacific including New Zealand region. Aussie's and Kiwi's rejoice at the PartyGaming - bwin deal, Australia's most dangerous casino named, Kiwi in Hong Kong poker sting, Star City Casino gunman awaiting sentencing, under age gambling probe on cards and more. heat. Media Man and Gambling911 play Pink Panther and Cluedo with this exciting and newsy Asia Pacific news round up...

Jupiters Hotel and Casino Gold Coast: Australia's Most Dangerous? World Dangerous List...

Submitted by C Costigan on, Jul/30/2010

Australia’s Most Dangerous Casino: The Conrad Hotel and Casino

 

Australian land based casino and pubs, clubs and hotels have a bit of a reputation as not exactly totally safe places to hang out. Some of the dangers of land based casinos in Australia were touched on in the Productivity Report into gaming, but new findings further back this up with the Gold's Coast's Jupiters getting the most heat.  Media Man and Gambling911 bring in the bodyguards with bullet proof vests, baton sticks and plastic handcuffs at the ready with this special report...

Submitted by C Costigan on, Jul/30/2010

New Online Gambling Company Would Be Worth $3.7 Billion

Submitted by C Costigan on, Jul/29/2010

HR 2267 Might Have Tough Time in House: Pelosi No Fan

An important milestone was met Wednesday when HR 2267, legislation that looks to fully legalize online poker in the U.S., passed by markup in the House Subcommittee. 

Specifically, HR 2267 amends title 31, United States Code, to provide for the licensing of Internet gambling activities by the Secretary of the Treasury, to provide for consumer protections on the Internet, to enforce the tax code, and for other purposes.

Next stop:  The House, where HR 2267 author Barney Frank has some degree of sway.  But there is one slight obstacle.

Submitted by C Costigan on, Jul/29/2010

PokerStars Reacts to Successful Markup of H.R. 2267

Submitted by C Costigan on, Jul/29/2010

Bwin, PartyGaming Looking to Merge

Submitted by C Costigan on, Jul/29/2010

WSEX Payouts Still Dwindling In This Week

Submitted by C Costigan on, Jul/28/2010

Online Gambling Bill HR 2267 Passes With Amendments

Submitted by C Costigan on, Jul/28/2010

Australian, New Zealand Gambling News (July 28, 2010)

Submitted by C Costigan on, Jul/28/2010

Cyprus Government Moves to End Online Gambling

By George Psyllides, Cyprus Mail

Submitted by C Costigan on, Jul/28/2010

Las Vegas Sands Corp, Playtech Report Results

The Las Vegas Sands Corp. consolidated second quarter adjusted property EBITDA increased by 91.2% to record $473.5 million on record net revenue of $1.59 Billion.

Submitted by C Costigan on, Jul/28/2010

Online Poker: Cake Poker Regains Some Market Share

Submitted by C Costigan on, Jul/27/2010

Bodog Poker Dives to 21St Place Among Global Online Poker Rooms

 

Submitted by C Costigan on, Jul/26/2010

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