Gambling Companies

Gambling Companies, Gambling Stocks

Wynn Partnership with PokerStars Would be Win-Win for Both Companies

The Vegas marriages are starting to heat up, only they’re not taking place in tiny little chapels with would be ministers.

Casino giant Wynn Resorts announced Thursday its newly formed alliance with online poker’s biggest firm, PokerStars, following word that the Nevada state regulatory body had approved a similar arrangement between European i-Gaming behemoth 888.com and Caesar’s Entertainment.  PartyPoker and MGM had entered into a similar alliance last year. 

Submitted by C Costigan on, Mar/25/2011

Gambling Business: James Packer Won’t Pursue Vegas Again

The sharp as a sharks tooth James Packer has dismissed a return to the the embattled and politically red hot American gaming market. At least, for the near future, but never say never.

The likable executive chairman of Crown Limited issued the statement in the hard to forget aftermath of the firms horrendous AU$3 billion (US$2.99 billion) expansion into the United States before the global financial crisis. You know, the one that George W's leadership saw in, and the same one that Barack Omama inherited.

Submitted by Greg Tingle on, Mar/22/2011

PokerStars Goes All-In Nevada: Obstacles Are Great

Submitted by C Costigan on, Mar/21/2011

bwin, PartyGaming Merger to be Complete March 31

Submitted by Guest on, Mar/15/2011

Ho Family Reaches Settlement Over Macau Gambling Empire

A weeks long feud over the Macau gambling empire of billionaire tycoon Stanley Ho has come to an end, at least for now.

Submitted by Aaron Goldstein on, Mar/10/2011

Revenues Way Up At PartyGaming

PartyGaming has reported a huge rise in revenues for the year 2010.

Revenues rose by 15 percent from 2009 to €357.3m (£300m) to €310.1m, with casino revenues jumping to €151.4m from €136.3m, bingo revenues more than doubling to €51.4m from €22.8m and sports betting climbing to €20.8m from €13.2m. Poker revenues fell to €124.8m from €136.8m.   Pre-tax profits fell to €43.8m from €57.4m.

Submitted by Aaron Goldstein on, Mar/03/2011

PokerStars Abruptly Pulls Branding from North American Poker Tour LA Stop

The world’s largest online poker room, PokerStars, has pulled its branding from the North American Poker Tour (NAPT) Bicycle Casino in Los Angeles. 

Submitted by Ace King on, Mar/02/2011

Sands Las Vegas Under Investigation for Allegedly Taking Bribes

Shares in Sands Las Vegas were down 7 percent on news that the company is under investigation for allegedly taking bribes in Macau.

Submitted by Aaron Goldstein on, Mar/01/2011

Matchbook Sold: Leaves US Market

NOTICE


Submitted by Guest on, Feb/28/2011

Caesars Posts $196.7 Million Loss as Atlantic City Gambling Revenue Falls

By Beth Jinks

(Bloomberg) - Caesars Entertainment Corp., the world’s biggest casino company, reported a fourth-quarter loss after cost cuts and the acquisition of a Las Vegas casino failed to offset declines in Atlantic City, New Jersey.

Submitted by Guest on, Feb/25/2011

Sin City Sydney: Darling Habour Gets Star City Rub

Submitted by Greg Tingle on, Feb/24/2011

William Hill Granted Injunction Against Playtech

The United Kingdom’s largest bookmaker, William Hill, has been granted an injunction against one of online gambling’s largest software providers, Playtech.

Submitted by Aaron Goldstein on, Feb/23/2011

Gov. Chris Christie Extension : Gaming in Waiting

Submitted by Payton on, Feb/21/2011

Vegas Airline and Casinos To Funnel Gamblers to Nevada

A new charter airline plans to launch casino-themed service between Las Vegas and New York City this summer.

Submitted by Payton on, Feb/21/2011

Unnamed Asian Royal the Reason for Ladbrokes $91 Million Loss?

Talk about the importance of keeping top customers!

Submitted by Aaron Goldstein on, Feb/18/2011

Ho No! The Stanley Ho Family Saga Continues

89-year-old Macau casino tycoon Stanley Ho filed a new lawsuit against various family members on Wednesday in an effort to keep control of his vast business empire.

Submitted by Aaron Goldstein on, Feb/16/2011

Last Chance Sports Book at Border Closes Down

By T.B. Beaudeau | San Diego Reader

Submitted by Guest on, Feb/14/2011

Greg Raymer No Longer With PokerStars

2004 World Series of Poker champion Greg “FossilMan” Raymer has confirmed rumors that he parted ways with the world’s largest online poker room, PokerStars.com. 

Few details were offered related to the decision that Rayer, whose moniker comes from his love of collecting fossils, confirmed on the TwoPlusTwo.com website.

Submitted by Ace King on, Feb/13/2011

Aussie James Packer Riding Wave Of Success

Submitted by Greg Tingle on, Feb/11/2011

Nevada Gambling Revenue Rises, Atlantic City Falls

Submitted by Guest on, Feb/10/2011

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