Gambling News

No Luck With Gambling Stocks

It's the Las Vegas gambling stocks that are the real losers these days, not the actual gamblers.

Submitted by Jagajeet Chiba on, Jan/20/2009

China’s Biggest Online Gambling Case on Trial

Twenty suspects in arguably the country's biggest online gambling case, involving 6.6 billion yuan ($966 million), stood trial in Shanghai yesterday.

Submitted by Guest on, Jan/20/2009

Pham, Tran and Phan Top Ranked Poker Players So Far

It's sort of like a Three Musketeers act, but the Vietnamese version.  With only 20 days into the new year, David "Dragon" Pham, J.C.

Submitted by Ace King on, Jan/20/2009

Eric Holder Likely to be Nominated as Attorney General

Concerns of Eric Holder becoming the next Attorney General have gripped the online gambling sector over this past weekend following Holder's affirmation that he will continue to enforce prohibition

Submitted by C Costigan on, Jan/19/2009

Pamela Anderson Down Under to Compete in Aussie Millions

She ran her own online poker room for about a month before legislation passed that placed operating such rooms in a sort of "grey area"....dark grey area perhaps.  Pamela Anderson a

Submitted by Ace King on, Jan/19/2009

Las Vegas Has Further to Fall in Struggling Economy

A report in the Economist this past week suggests that the gambling mecca of Las Vegas may experience further decline due with a recession now in full swing.

Submitted by Jagajeet Chiba on, Jan/19/2009

Attorney General Nominee Eric Holder NFL Past Comes Into Spotlight

ESPN filed a report this weekend that Attorney General nominee, Eric Holder, could come under fire due to his NFL past.

Submitted by Alejandro Botticelli on, Jan/18/2009

BetFred Sold: Done Brothers Done With Online Gambling

Fred and Peter Done are done with online gambling it seems as they have sold their online gambling operation, BetFred, netting some £27.2m from the sale.

The Internet gaming division Betfred NV, registered in the Netherlands Antilles, had been underperforming for a number of years after a belated entry to the market, and the company said the disposal made "commercial sense", reports James Chapelard of Crane's Business (Manchester Division).

Submitted by Jagajeet Chiba on, Jan/18/2009

Super Bowl Reporter Carrie Stroup: A Day in The Life Of…

Carrie Stroup:  When it comes to the world of Super Bowl betting and odds related to the big game and those that led up to it, nobody compares.

Submitted by C Costigan on, Jan/18/2009

WPT Southern Poker Championship Includes Swimsuit Model

An upcoming Sports Illustrated swimsuit model remains in contention at the World Poker Tour Southern Poker Championship.  Vanessa Rousso may be short stacked, but she was still alive after Day 2 o

Submitted by Ace King on, Jan/17/2009

Is Poker a Sport?

One of the most popular events shown on ESPN is poker.  ESPN being a cable sports network, it is easy to see why many people would consider poker a sport.  Doyle Brunson of

Submitted by Ace King on, Jan/16/2009

William Hill: Trading Continues to be Resilient

(Reuters) - British bookmaker William Hill (WMH.L) said it remained in discussions with its banks over plans to refinance its

Submitted by Guest on, Jan/16/2009

Vietnamese-American Walks Free After Online Gambling Conviction

Having spent 6 months in a Vietnam prison, a Vietnamese-American was allowed to walk free this week. 

Submitted by Jagajeet Chiba on, Jan/15/2009

Eagles Going to the Super Bowl: The Bookies Hope Not

If there is one team the online bookies and those in Vegas are rooting against more than any other, it's the Philadelphia Eagles...and with good reason.

Submitted by Mary Montgomery on, Jan/15/2009

Corfman Says Evidence Exists Regarding CardSpike Ownership

Michael Corfman, head of the Gambling Portal Webmasters Association, continues to insist that online poker room CardSpike.com is owned - at least in part - by organizers of the Poker Affiliates Pro

Submitted by C Costigan on, Jan/15/2009

New Hope in Overturning UIGEA

With the election of Barack Obama, there are many in the online poker community that view this changing of the guard as a possible precursor to the removal or

Submitted by Guest on, Jan/15/2009

Internet Gambling Court Case Likely to be Heard in April

The US 3rd Circuit Court of Appeals has asked The Interactive Media Entertainment & Gaming Association's legal team to provide notice of their availability in April, for oral arguments in their

Submitted by Guest on, Jan/15/2009

Poker Pro Daniel Negreanu Close Encounter of Third Kind

Canadian poker pro, Daniel Negreanu, recently spent a few nights as the uber expensive (since the Europeans have been coming to New York) Soho Grand.  It was there he had a most riveting encounter

Submitted by Payton on, Jan/15/2009

DoylesRoom Poker Wants Cake: Full Tilt Wants Sportsbook

One of the world's most popular online poker rooms, Doylesroom.com, plans to debut an Internet casino along with its popular card room as the g

Submitted by C Costigan on, Jan/15/2009

Freedom to Play Poker Online: Obama Will Take Notice

A suggestion to Barack Obama to "let online poker players in the United States play legally and without fear of prosecution" that

Submitted by C Costigan on, Jan/14/2009

Poker Players Alliance Report Card: F

With 15 precious days into the new year, the Poker Players Alliance has done little if anything to kick of 2009.  Perhaps they are planning a big parade or D.C.

Submitted by C Costigan on, Jan/14/2009

State Lotteries Win Out During Recession

People want to make that fast buck during the current recession with nominal risk.  The result has been an increase in the number of state lottery tickets purchased.

More than half of all states with lotteries have reported rising sales over the past six months, and some researchers say financial insecurity might be driving people to risk more of their money than usual on $1 and $5 instant scratch-offs and other daily games in hopes of a big payoff.

Submitted by Jagajeet Chiba on, Jan/14/2009

Playboy Casino and Poker Room Shuts Down

In a sign of the troubling economic times, the Playboy Casino and Poker site has shut its doors.

Submitted by Jagajeet Chiba on, Jan/14/2009

Paddy Power Shares Slide Sharply

Ireland's largest bookmaker, Paddy Power, witnessed a sharp decline in its share price on Tuesday.

Paddy Power fell 7.8pc to €11.90, bringing its decline to 11pc so far this year.

Submitted by Jagajeet Chiba on, Jan/14/2009

Obama Inauguration Betting: Yes It’s Available

The odds of Abraham Lincoln getting the first presidential shout-out are 10-11 according to online gambling website BetUS.com.  FDR is

Submitted by C Costigan on, Jan/13/2009

Detroit Casino Shares Up Slightly

There may be a dark cloud over Detroit's pivotal auto industry but a dim light shined over its casino industry with news Tuesday that the big three casinos revenues rose slightly. 

The Michigan Gaming Control reported a rise of 1.84 percent with MGM Grand Detroit finishing the year with $578 million in revenue, MotorCity Casino ending with $464 million in revenue and Greektown Casino finishing up with $316 million. 

 

Submitted by Jagajeet Chiba on, Jan/13/2009

CAP Founder Draws Holocaust Analogy to CAP/GPWA Feud

In a statement issued by ***** ******, co-organizer of Casino Affiliates Programs, the group claims it has done nothing to instigate what it deems as "attacks" by the Gambling Portal Webm

Submitted by C Costigan on, Jan/13/2009

Macau Developer Upbeat About Future

(Reuters) - Macau gaming developer Melco Crown Entertainment said on Tuesday it expects the Asian gambling centre to rebound from a sharp contraction, while eyeing expansion opportunities in Taiwan

Submitted by Guest on, Jan/13/2009

Online Gambling Software Company, Associates Sued

Gordon Levine, a lawyer at the Kugler Kandestin law firm in Montreal has confirmed that he represents T2 Marketing Inc. in a lawsuit against a company identified as 6300511 Canada Inc., and four Canadian citizens who are named in documents filed in Quebec Superior Court action 500-17-046150-085, according to a report appearing on the website Recent Poker.

Each of the defendants are being sued for the amount of Cdn$464 007.21.

Submitted by C Costigan on, Jan/13/2009

Is Bodog Finally Starting to Get its Act Together?

Two month long payout delays, IRS threats about confiscating funds and a retired founder, Calvin Ayre, without a country - all things that have become synonymous with Bodog in recent times.  The o

Submitted by C Costigan on, Jan/12/2009

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