Business & Financial
Sportingbet Paradise Online Poker Moves to OnGame
Sportingbet, one of the world’s largest sports betting companies, will be moving its Paradise online poker room to the OnGame Network by the second half of this year.
Las Vegas the New Detroit?
With a foreclosure crisis that has been out of control in recent years, Las Vegas may quickly spiral to become the new Detroit.
Las Vegas Falls to Number 3 Behind Macau, Singapore of top Gambling Destinations
Las Vegas is now the number three gambling destination in the world, falling behind Macau and Singapore
Las Vegas continues to lose some serious ground to its Asian counterparts, more specifically Macau and Singapore. While Macau has been blowing Sin City out of the water in recent years, Singapore has just claimed the number two spot of top gambling destinations this week.
Absolute Poker Money Return Agreement with U.S. Department of Justice
The United States District Attorney's office has entered into an agreement with Absolute Poker/Ulimate Bet to return funds to poker players.
FORFEITURE COMPLAINT FILED AGAINST ACCOUNTS MAINTAINED BY E-GOLD
FORFEITURE COMPLAINT FILED AGAINST ACCOUNTS MAINTAINED BY
E-GOLD, LTD, TRACEABLE TO CRIMINAL OFFENSES
Baltimore, Maryland - A civil forfeiture complaint was filed today for the forfeiture of the value of all e-metal accounts recorded and maintained by e-gold, Ltd (EGL ), a company that was engaged in the business of exchanging traditional forms of currency for precious metals held in electronic form (“e-metals” or “e-gold”) and settling payer initiated transfers of e-metals from one customer account to another.
Merge Poker to Stop Taking New US Players Through Month of June
The Merge Poker Network has halted new US signups through the month of June as it works to incorporate new payment processing platforms and add more customer service agents.
While the network could begin accepting new US players as early as the end of June, the network may extend this policy through the summer depending on how quickly it can get new processing in place.
UB.com, Absolute Poker Customers Report Receipt of April’s Rakeback
Spirit Airlines Keeps Las Vegas Fares Low in Key Markets
Spirit Airlines manages to keep fares to Las Vegas out of Los Angeles, Dallas super low compared to nearby markets
Macau Says Gambling Revenue Surges 42 pct in May
By Farah Master
HONG KONG, June 1 (Reuters) - Gambling revenue in Macau, the world's largest gaming market, jumped 42.4 percent in May to 24.3 billion patacas ($3 billion), the Macau government said on Wednesday, bolstered by unabating demand from mainland tourists eager to gamble in China's only legal casino destination.
Dow Hits Lowest Point on Year
The Dow and S&P 500 hit its lowest mark for 2011 on Wednesday.
The Dow Jones industrial average (INDU) fell 280 points, or 2.2%.
BetED.com Shut Down: Another Online Sportsbook Contemplates Purchase of Accounts
HeadsUp Entertainment Goes Head First Into US Market
In an effort to capitalize on the void left by PokerStars and Full Tilt exiting the US poker market, one Calgary-based firm has offered up grandiose plans to rake in the cash.
Gold Strike Poker Strikes Out
One of America's legal online poker rooms may be facing legal problems of a different kind.
Full Tilt Poker Real Cash Traffic Falls Below 9000 Average
Why Full Tilt Poker, Absolute Poker are Likely to Eventually Pay US Customers
Allegiant Air Flights to Las Vegas not all They’re Cracked up to be
Zynga IPO Could Happen in June: Company Worth $10 Billion
The popular social gaming and poker company Zynga is expected to file for an IPO some time in June, though most of the speculation is focusing on the later part of the month.
Zynga IPO Could Happen in June: Company Worth $10 Billion
The popular social gaming and poker company Zynga is expected to file for an IPO some time in June, though most of the speculation is focusing on the later part of the month.
Ron Paul: “U.S. Gold Should be in Hands of People”
In an interview with CNBC, US Republican Presidential candidate Ron Paul wants to stop the falling value of the U.S. dollar by digging into America’s gold reserves.
"They’re worrying about raising the debt limit," said the Texas congressman. "I’m worried about the value of the dollar" especially if the Federal Reserve continues to "print money" whenever it wants.
"They try to pump up the fear and scare us into doing things," he said of the government, adding that was how the bank bailouts came about. "Aren’t we defaulting if the dollar is worth 90 cents this year?"
Intrade.com Founder and CEO John Delaney Dies Trying to Climb Mount Everest
The founder of one of the world’s most popular online prediction markets and trading websites, Intrade.com, has passed away.
