Gambling News

Bodog Poker Loses Largest Market Share in 2008

According to PokerSiteScout.com Bodog Poker was the biggest loser of 2008.  That online poker room lost 34 perc

Submitted by C Costigan on, Jan/05/2009

GigaMedia is the Online Gambling Stock to Watch

The Motley Fool has revealed three stocks to watch for 2009 and one of them is Asian online gambling firm GigaMedia.

Submitted by Jagajeet Chiba on, Jan/05/2009

PartyGaming Sues Former Owner of Empire Online

Jan. 5 (Bloomberg) -- PartyGaming Plc, the owner of the PartyPoker.com brand, sued investment company Livermore Investments Group Ltd.

Submitted by Guest on, Jan/05/2009

Macau Gambling Boom Slows: Revenues Do Not

Thousands of jobs are being lost across the globe daily as the economy continues its downward spiral.  What was once believed to be a "recession-proof" industry is no more.  Macau, cons

Submitted by Jagajeet Chiba on, Jan/05/2009

America’s Biggest Billionaire Loser is Casino Boss

Last week, Gambling911.com reported on how Forbes Magazine listed India born PartyGaming co-founder, Anurag Dikshit among the biggest billionaire blowups in 2008 (they valued his net worth at a mer

Submitted by Jagajeet Chiba on, Jan/05/2009

Online Gambling Industry Outraged Over Terrorist Story

Many in the online gambling sector have been expressing disgust over a piece that ran in the London Telegraph this past week.  Considering Internet gambling in nearly all forms is embraced through

Submitted by C Costigan on, Jan/05/2009

Jenny Woo: How I Spent My Christmas

First I want to send a special shout out to all our troops in both Iraq and Afghanistan as we start the year 2009.  My little brother is currently serving in Iraq and our prayers are with him.

I decided to veer away from my regular "routine" holiday in order to enjoy one last trip before we're all forced to start living under a rock the next year thanks to this troubled economy.

Where'd I go this Christmas time? 

Somewhere warm.  Jamaica Mon!  And yes I got to meet Santa Claus.

Submitted by Jenny Woo on, Jan/05/2009

CardSpike Controversy Has Poker Affiliates up in Arms

Last week, Gambling911.com reported on how a relatively new online poker room - CardSpike.com - was stalling payments to its affiliate partners.  Ironically, some of those affiliates have claimed

Submitted by C Costigan on, Jan/04/2009

Las Vegas Casinos Open to Legalized Online Gambling

Strip casinos have been struggling lately to keep up their gaming revenues. Fewer people are visiting Las Vegas and that means even less are gambling.

Submitted by Guest on, Jan/03/2009

AVN Porn Awards, CES: Still Hard Times for Vegas

Next weekend will be one of the largest convention periods for struggling Sin City.  Round trip East Coast flights to and from Las Vegas ranged between $800 and well over $1000.  But while the ai

Submitted by Jagajeet Chiba on, Jan/02/2009

A Gambler Every Bookmaker Must Long For

Paul Greenwood, 52, of Barnsley, England, is the "unluckiest" gambler of 2008, at least based on bookmaker William Hill's assessment.

He was given the dubious honor by Great Britain's second biggest bookmaker after the electronics engineer lost out on March 1, having made a last-minute alteration to his weekly £10 accumulator bet.  He predicted wins for 14 football teams.

The Yorkshire Post reported:

Submitted by Jagajeet Chiba on, Jan/02/2009

100 Students, Ancient Burial Stop Philadelphia Casino?

Dale Buss, author of the riveting book  "Family Man: The Biography Of Dr.

Submitted by Jagajeet Chiba on, Jan/02/2009

Dikshit Among Forbes Biggest Billionaire Blowups

March net worth: $1.6 billion 
Current net worth: $1 billion.  PartyGaming co-founder, Anurag Dikshit could lose his billionaire status in 2009, according to Forbes Magazine.

Dikshit designed the software for PartyGaming's successful PartyPoker game, which allowed live gambling over the Web. He left the company and sold a chunk of shares in 2006, the year the U.S. government drafted the Unlawful Internet Gaming Enforcement Act, forcing Party out of the US market where the firm lost 80 percent of its customer base.

Submitted by Jagajeet Chiba on, Jan/01/2009

CardSpike Poker Affiliates Want Answers From CAP

Online poker affiliates claim a relatively new room has been stiffing them.  That room is CardSpike.com, launched last this past summer.  A number of its affiliates and some industry observers ha

Submitted by C Costigan on, Jan/01/2009

New Year’s Day No Holiday For Bookies

While the majority of people were nursing their hangovers today, online bookmakers were scrambling to take action on the New Year's Day college bowl games.

Submitted by C Costigan on, Jan/01/2009

Top 10 Most Fascinating Poker Players of 2008

Who were the top 10 most fascinating poker players of 2008? (emphasis on the word "fascinating", as this does not necessarily mean "the best").

Submitted by C Costigan on, Dec/31/2008

10 Most Influential in Online Gambling (2008)

Gambling911.com yesterday looked at 10 of the most influential events involving the online gambling sector yes

Submitted by C Costigan on, Dec/30/2008

Top 5 Bets of 2008

Last week we at Gambling911.com witnessed one of the best bets ever - Arizona getting pummeled in New England.  What we knew was not a secret:  The Cardinals had only won 3 of 22 games on the Eas

Submitted by C Costigan on, Dec/30/2008

What Happened to Recession-Proof Las Vegas?

The question asked by Deirdre Van Dyk of Time Magazine:  What happened to recession-proof Vegas?  And the short answer:  The city put most of its bets on the tourism industry.  And what a gambl

Submitted by Jagajeet Chiba on, Dec/30/2008

Top 10 Biggest Impacts on Internet Gambling in 2008

Here we are heading into 2009 and it is time to reflect upon 2008 and what were the biggest impacts affecting the online gambling industry.  Unfortunately, this was a pretty easy list to create.

Submitted by C Costigan on, Dec/30/2008

Mark Cuban Sports Hedge Fund Revisited

(CNBC) - More than four years ago, Dallas Mavericks owner Mark Cuban said that if he started any hedge fund, it would be a sports gambling hedge fund.

Cuban quickly noted that it was merely a fantasy: as an owner, he wouldn't be allowed to bet. But I can't stop thinking about the fact that that idea probably would have yielded among the best percentage returns of any hedge fund this year.

Submitted by Guest on, Dec/29/2008

Sahara Casino Armed Robbery Suspect Mug Caught on Tape

Las Vegas police have released stills of a man caught on video who is believed to have taken part in a robbery at the Sahara Casino two weeks ago.

Submitted by Jagajeet Chiba on, Dec/29/2008

PartyGaming is a Scary One-Eyed Monster With Little Bite

PartyGaming, once the world's largest online poker firm with more than half the market and a darling of the London Stock Exchange, has gone into free fall in recent years.  Amazingly, despite losi

Submitted by C Costigan on, Dec/29/2008

Doyle Brunson: Anurag Dikshit is Appropriately Named

In his latest blog, the man behind one of online poker's fastest growing rooms, Doylesroom.com, speaks candidly about Anurag D

Submitted by Guest on, Dec/28/2008

Cowboys Loss, Patriots Not Making Playoffs Saves Bookies

With the Dallas Cowboys and New England Patriots both being early favorites to win the 2009 Super Bowl, it is estimated that nearly half the future bets placed on the big game have already been los

Submitted by C Costigan on, Dec/28/2008

Utah Says No To Online Gambling

The state of Utah doesn't even have a lottery let alone statewide casinos.  But with a failing economy, those within Utah fear that online gambling could be adopted as a way of boosting the state'

Submitted by C Costigan on, Dec/28/2008

South Korea: Internet Gambling Charges Up 700 Percent

This year, 1,681 people have been charged with illegal gambling over the Internet in South Korea compared to just 248 this year.  The rationale behind this:  In a struggling economy desperate peo

Submitted by Jagajeet Chiba on, Dec/26/2008

JetBlue Begins Flights to Costa Rica

The online gambling rich nation of Costa Rica will soon be able to enjoy the JetBlue experience.  The Central American nation is the largest employer in the North American Internet gambling sector

Submitted by Jagajeet Chiba on, Dec/26/2008

BetFair Blamed for Exposing Gambling to Children

Angry Aussies have expressed disgust over BetFair, the world's largest online betting exchange, claiming that the firm's cricket ads were

Submitted by Jagajeet Chiba on, Dec/26/2008

UltimateBet Cereus Poker Respond to Hellmuth Payout Error

Tokwiro Enterprises ("Tokwiro") issued the following statement today, concerning the correction of a winning hand played on the CEREUS Poker Network on Saturday, December 20, 2008.

Submitted by Guest on, Dec/23/2008

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