Gambling News

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

Pennsylvania Gambling Beats Out Las Vegas, Atlantic City

 

No wonder Atlantic City is suffering, Pennsylvania is making quite an impact on the gambling scene, at least if collected taxes act as an indicator.

Submitted by C Costigan on, Jul/26/2010

Abandoned Betting Accounts Could Go To Sports Clubs

 

Submitted by C Costigan on, Jul/26/2010

William Hill Move to Gibraltar a Blow to United Kingdom

 

Submitted by C Costigan on, Jul/26/2010

Moody’s: Harrah’s Is In Serious Trouble

 

Submitted by C Costigan on, Jul/25/2010

New York Times: States Addicted to Gambling

 

The New York Times featuring a report Monday regarding individual states desire to boost their economies through gambling, New Jersey included. 

New Jersey governor Chris Christie last week announced a decision for the state to take over struggling gambling destination Atlantic City.  Casino revenue there is down almost 30 percent from the same period in 2006. Of course, Atlantic City was hit with a double whammy of sorts.  Not only has the town suffered from a downturn in the economy but neighboring states have recently provided stiffer competition.

Submitted by C Costigan on, Jul/25/2010

Australian Gambling News July 25, 2010

 

Readers er punters, the Australian connection between casinos, gaming and politics had never been so hot. Aussie politicians and campaigners continue to battle for your mind (and vote), headlines and the whole box and dice. Media Man and Gambling911 deliver the uncensored news (full strength caffeine in Google speak) you need to know, not always what you want to hear. Here's your weekend fix my friends...

James Packer Family Spotted In Barcelona...

Submitted by C Costigan on, Jul/25/2010

Three Gambling Companies Go Into Liquidation This Past Week

 

Submitted by C Costigan on, Jul/25/2010

Australian Gambling and Sports Betting News (July 24, 2010)

Submitted by C Costigan on, Jul/23/2010

Pennsylvania Gets Casino Games: Atlantic City's Death Knell?

Legal poker was played for the first time in the State of Pennsylvania this week as table games came to the state's casinos.

Submitted by C Costigan on, Jul/23/2010

William Hill “Worst Ever Royal Ascot” Blamed for Poor Profit Margins

William Hill continues to hint at moving its telephone business offshore following dismal results over the past year compared to its online arm.

"Poor horse racing results" led to a 33% fall in net telephone revenue, with a statement from Hills explicitly pointing out: "The board has previously noted the challenge of competing with UK betting exchanges and Irish offshore telebetting operators, all of whom have benefited from significant tax and cost advantages over UK bookmakers. The situation is under active review."

Submitted by C Costigan on, Jul/23/2010

Breaking News

Pay Per Head Companies and Performance Reports

One of the biggest keys to running any type of business is to know the numbers inside and out. Just as a sports handicapper breaks down a particular matchup to uncover an edge in the betting lines for the game, as a bookmaker you need to constantly break down your business’s numbers to turn a profit on a regular basis.