Gambling News
Harrah’s Gets Hit Hard By Economy: 2009 WSOP Hotel Rates Slashed
The world's largest casino operator and owner of the World Series of Poker, Harrah's Entertainment Inc., reported first quarter financial results Monday that showed a further decline in revenue. The company said its revenue had declined 13.3 percent to $2.254 billion in the first quarter. The pinch was felt especially hard in Las Vegas where these numbers were 20.5 percent (down to $686.4 million) while cash flow fell 27.9 percent to $198.6 million.
Delaware Legislators to Consider Legalized Sports Betting Tuesday
Delaware's legislature will consider allowing wagering on all sports when its session resumes today.
Poker Pro Phil Hellmuth Among the Kentucky Derby Mint Jubilee Party
Poker pro and UltimateBet.com spokesperson, Phil Hellmuth, will be among the many celebrities attending the May 1 Mint Jubilee, a party leading up to Satur
James Packer’s Crown Casino Gives Up on Las Vegas
James Packer's Crown has ruled out injecting more cash into the stricken US casino development company Fontainebleau Resorts after the US company's banks withdrew financing for a $US3 billion ($4.2
Gambling911.com Abruptly Scraps Plans to Attend 2009 WSOP
In a sign of the worsening economy, Gambling911.com, one of the top 10 most read poker news sites, has decided to scrap all plans to attend this year's World Series of Poker (WSOP).
EFF and ACLU Step Into Kentucky Gambling Domain Case
The Web Host Industry review is reporting that a court appeal designed to cur
2009 Kentucky Derby Field Wide Open for Betting
Heading into Wednesday's post position designations it has become abundantly clear to those of us at Gambling911.com that there is no clear cut favorite despite I Want Revenge technically having th
Attempted Robbery at Michael Gracz Poker Game
Poker Pro and World Series of Poker bracelet winner Michael Gracz was reportedly playing in a home poker game in his hometown
William Hill Intends to Move Jobs Offshore
In a blow to the British government, the number two largest bookmaker, William Hill, has threatened to move approximately 90 jobs in the Internet division offshore.
Bookmakers warned the chancellor, Alistair Darling, before the Budget that increases in gross profits tax on betting would stifle competitiveness, particularly for their online businesses, and force them to consider relocating staff, according to the Financial Times of London.
Last week, Darling increased the GPT on bingo from 15 per cent to 22 per cent.
A New Chance for Online Gambling
Is online gambling coming in from the cold?
When the U.S. Congress cracked down on Internet betting in 2006, the big, publicly traded European companies that had dominated the business closed up shop in the United States. Growth in the booming industry shifted away from these companies, once the darlings of the stock market, to private operators in offshore locations like Antigua and the Isle of Man.
Poker: Annette Obrestad Sucks, David Williams Says Shut The F*** Up!
Everybody is on Twitter and that means your favorite professional poker player. This edition of Poker Tweets is brought to you by Doylesroom.com<
James Packer’s Las Vegas Nightmare Just Got Worse
James Packer's largest investment in the gambling mecca is in dire straits after a US casino development company in which his Crown had invested defaulted on $US800 million in loans.
Gambling Sites Add Odds Early on 2009 Kentucky Derby
It used to be that the online gambling websites wouldn't offer betting odds until after the post up positions were announced for the Kentucky Derby. Even up until last year, nearly half the Inter
California Poker Bill Unveiled
iGaming News reports exclusively on the unveiling of California poker legislation on Friday. Gambling911.com has been
Marijuana, Online Gambling Good: Personal Financial Management Bad
If Congressman Barney Frank had his way, online gambling and marijuana would be legalized. However, he would not allow personal freedoms when it comes to one's own financial decisions.
Betfair Wants Access to Customer Medical Records
How much is too much when it comes to verifying a customer's identity? The industry standard for online gambling generally involves a copy of one's driver's license and at least one recent utilit
DoylesRoom.com Names Will Griffiths to Top Marketing Spot
DoylesRoom.com, one of the fastest growing online poker rooms open to US players, announced today the appointment of Will Griffiths to the post of Marketing Director.
Recession Forces Mainstream Media to Reconsider Online Poker Stance
With an understanding that online poker, casinos and sports betting take in several billion a year, mainstream media outlets once opposed to advertising with related venues are now beginning to und
Poker Players Take On NFL Over Internet Gambling Ban
WASHINGTON (AP) -- The Poker Players Alliance is betting $3 million that it can overturn an Internet gambling ban, or at least carve out an exemption that would legalize and regulate online poker.<
Doyle Brunson has Almost 500 Twitter Followers in One Week
Following Gambling911.com's announcement that poker icon Doyle Brunson had debuted his Twitter page, the Texas Dolly already has almost 500 followers.
Pro sports betting is a game of inches, too
In a 1988 installment of the CBS News program "48 Hours" that explored the Las Vegas scene, Dan Rather interviewed Michael "Roxy" Roxborough, the influential sports oddsmaker.
Craigslist Killer Had Gambling Problem Say Authorities
A Boston man accused of slaying a Manhattan woman he met won Craigslist, the popular online classifieds website, may have owed significant gambling debts.
Another Gambling Firm Files for Bankruptcy
Evergreen Gaming has filed for bankruptcy it was reported on Tuesday. The Canadian-based firm did so after
Aristocrat completes capital raising
Aristocrat Leisure Ltd says it has completed an institutional placement of about 61.5 million ordinary shares at $3.25 per share to raise $200 million.
Kentucky Governor Steve Beshear: Bet on Races That Have Already Run
The beleaguered governor of Kentucky, Steve Beshear, has an interesting idea for gambling in his state: Bet on races that have already run.
Station Casinos Sues Internet Company Over Web Sites
Station Casinos Inc. is suing an Internet company based in Panama that it says is infringing on trademarks Station owns for three of its Las Vegas hotel-casinos.
Bodog Gets Its Domain Back
After much chest thumping about how Bodog would never cave into so-called "Patent Trolls", the company has reportedly gotten its much coveted Bodog.com domain name back.
House Speaker Nancy Pelosi Won’t Approve Online Gambling Legislation
On the moral front, House Speaker Nancy Pelosi will not approve online gambling. She is dead set against legalizing the activity, all for personal and religious reasons. Of course if enough of
Poker Players Alliance to Spend a Paltry $3M on Lobbying
The million plus member strong Poker Players Alliance has announced its intention to spend $3 million on lobbying to overturn the Unlawful Internet Gaming Enforcement Act (UIGEA) or at least carve
PartyGaming in Talks With Rival Gigamedia
ONLINE gambling group Party Gaming is holding talks on a deal with Nasdaq-listed rival Gigamedia.
