Business & Financial

All Bets Off For Leisure & Gaming: Shares Suspended

Italian football fans - and especially followers of José Mourinho's mighty Inter Milan - may have done for Leisure & Gaming, the London-listed bookmaking company, whose shares were suspended t

Submitted by Guest on, May/21/2010

iPoker Network and PartyGaming in Battle Royale

This past week, iPoker Network regained the third place ranking from PartyPoker for the first time since early January.

Submitted by C Costigan on, May/20/2010

Markets Tank: Wall Street Stocks Down More Than 2 Percent

It was another nail biter on Wall Street today as stocks fell more than 2 percent. 

At press time 2 pm EST, stocks were at 10174.64 -269.73.

Submitted by Aaron Goldstein on, May/20/2010

Richard Branson Expanding Virgin Gaming iGaming Empire

Gaming, gambling and iGaming fans, have we got some news hot of the press for you. Our bat phone has been running hot hot hot!

For the past few months Media Man and Gambling911 have been keeping you updated on all sorts of exciting developments at Richard Branson's Virgin Group, naming Virgin Games, Virgin Poker, Virgin Bingo, and offshoot, AWOMO (A World Of My Own), with a DGI (Game Domain International) tie in. Last week Branson's Virgin Racing also sponsored Full Tilt Poker.

Submitted by Greg Tingle on, May/20/2010

Gambling911 Trending Topics – May 19, 2010

What's hot, What's not in the world of Gambling911.com news.  You can catch all the latest at our newly revamped

Submitted by Payton on, May/19/2010

Gambling Execs Encouraged to Invest in Domains

The world is considered a pretty small place these days, largely thanks to the internet aka WWW, and of course airlines and Lear Jets, operated by our "partners in crime", Crown Casino ki

Submitted by Greg Tingle on, May/19/2010

Centrebet Set For Shakeup

Online gaming and wagering outfit Centrebet (International Ltd) says it is still in talks with a number of parties over consolidation opportunities.

Media Man down under and Gambling911 continue to delivery hard hitting, informative and entertaining news to the world. We learn the current Centrebet talks are likely to have a major impact on the online and offline gambling, betting, poker et al sector in Australia and the entire Asia Pacific...

The parties are understood to be overseas concerns, all or most of which out of Europe.

Submitted by Greg Tingle on, May/18/2010

Gaming Stocks Hammered in Australia

Readers... er, punters... think you may be down bit at the local casino, online casino, or perhaps your investment stocks and bonds?

Submitted by Greg Tingle on, May/18/2010

Paddy Power Profits

DUBLIN - (Reuters) - Irish bookmaker Paddy Power (PAP.I) said sports results so far this year had gone its way and Internet

Submitted by Guest on, May/18/2010

Crown Casino In Sponsorship Talks With Melbourne Storm

Casino entrepreneurs, insiders, outsiders, punters and everyone one else...

Submitted by Greg Tingle on, May/17/2010

Ladbrokes CEO Promises Turnaround

Ladbrokes new CEO Richard Glynn has promised a swift turnaround for his company following news of a 6 percent drop in net revenue. Glynn joined the company in last month.

"In recent times the strength of our brand has diminished. In online and offline areas, we feel the need for Ladbrokes to regain its primacy," CEO Richard Glynn told the Wall Street Journal "We will be looking at every area of the business. We will be leaving no stone unturned," Mr. Glynn said, without elaborating.

Submitted by Guest on, May/14/2010

Bwin Takes Hit With Online Poker

The popular Austrian betting firm Bwin reports it witnessed a 17 percent drop in revenues from its online poker room (called Bwin Poker).  Bwin is part of the Ongame network, which itself has seen

Submitted by Aaron Goldstein on, May/13/2010

EveryMatrix Partners With Cake Poker

In a deal that will create a strong new alliance in online gaming, Malta based sports betting white label service EveryMatrix has partnered with the

Submitted by Guest on, May/13/2010

City Center Las Vegas Continues to Struggle

MGM Mirage's CEO stated that despite operating losses and a write-down on its CityCenter joint venture, the casino operator has solid plans to attract more customers to struggling Las Vegas.

The company's plans have long centered around CityCenter, the $8.5 billion complex of resorts, restaurants, entertainment, retail shops and a casino it built with Dubai World, which opened in December. And state and local leaders have looked to CityCenter as a must-see attraction that will provide jobs and renewed motivation for visitors to come.

Submitted by Payton on, May/11/2010

Paddy Power Receives 400 Complaints Filed With ASA

Irish bookmaker Paddy Power is no stranger to the ire of the Advertising Standards Authority (ASA).  But this time the cat may have used up its nine lives...literally. 

Submitted by Alistair Prescott on, May/11/2010

Microgaming Announces Joint Venture with 888 Holdings

Microgaming, the world's largest provider of online gaming software, has announced a joint venture with 888 Holdings plc which, subject to the necessary licence approvals, will deliver a French Pok

Submitted by Guest on, May/11/2010

Steve Wynn Splits With Girlfriend Andrea Hissom

On the heels of what many believe will be the most expensive divorce ever, hotel developer magnate Steve Wynn h

Submitted by Aaron Goldstein on, May/10/2010

US National Casino Gambling Revenue Down

National gross gambling revenues fell to $30.7 billion in 2009, a decrease of 5.5 percent from 2008.

Submitted by Guest on, May/08/2010

Unemployment Up to 9.9%: Betting Market Grim Forecast

The economy added a net 290,000 jobs but that didn't stop unemployment from going up to 9.9% from 9.7% last month.

Submitted by Aaron Goldstein on, May/07/2010

Sabotage Not Ruled Out In Wall Street Plunge: Bettors React

President Obama has not ruled out sabotage in Thursday's shocking near 1,000 point loss on the Stock Exchange after rebounding later in the day.

The president announced Friday morning that a full review is being conducted, and Gibbs said Obama is waiting to hear the results of a review before ruling out what might have caused it, including the possibility of sabotage, The Hill reported on Friday afternoon.

Submitted by Aaron Goldstein on, May/07/2010

Chinchilla Hopes to Tax Online Gambling in Costa Rica

The first female President of Costa Rica, Laura Chinchilla, looks to raise money by taxing that Central American nation's expansive online gambling business.  Most of the North American facing onl

Submitted by C Costigan on, May/07/2010

Greece Economic Crisis: Why US Faces Big Fat Greek Bankruptcy

Wayne Allyn Root, the 2008 Libertarian Party Vice Presidential nominee and frequent contributor to the Gambling911.com website, chimes in on the economic crisis in Greece and why he thinks America

Submitted by Wayne Allyn Root on, May/06/2010

Oil Dome Odds Not Good Say Bookies

It has never been done before.  A giant dome being submerged a mile into the Gulf of Mexico's waters in order to try and cap a gigantic oil leak.  The odds from

Submitted by Guest on, May/06/2010

MGM Mirage, Sands Corp Report Earnings

MGM Mirage released earnings for the first quarter of 2010 prior to the Stock Market opening Thursday morning. 

Submitted by Aaron Goldstein on, May/05/2010

Bingo.com Closes $2,250,000 Private Placement from Unibet

Bingo.com, Ltd.

Submitted by Guest on, May/05/2010

Las Vegas Sands Corp to Announce 1st Quarter Results

Las Vegas Sands Corp.

Submitted by Guest on, May/04/2010

Bet911 Five Minutes of Fame Over: Book is Insolvent

A small and poorly capitalized online sportsbook appears close to shutting down.  Bet911.com, which quite obviously attempted to capitalize on the Gambling911.com name but was never permitted to a

Submitted by Jagajeet Chiba on, May/04/2010

Macau Gambling Revenue Hits Record

(Reuters) - Gambling revenue in Macau in April surged 70 percent from a year earlier to a record, Royal Bank of Scotland (RBS) (RBS.L) said, underscoring sustained growth in the world's largest and

Submitted by Guest on, May/04/2010

William Hill to Bid for Centrebet

The United Kingdom's second largest bookmaker, William Hill, is looking to acquire Australia's second largest privately held bookmaker, Centrebet.

Centrebet originated from Alice Springs, Northern Territory and was the first bookmaker to be licensed in Australia in 1993 and the first bookmaker to go online in the Southern Hemisphere. Centrebet was acquired by its biggest domestic rival, the SportOdds Group in 2003 for the sum of AUD$46.55 million. In 2005, SportOdds merged its Centrebet, SportOdds.com and SuperOdds.co.uk businesses into one entity, known as Centrebet.

Submitted by Aaron Goldstein on, May/02/2010

Match Fixing a “Cancer” Killing Snooker: BetFred Hurt Cred?

In the midst of perhaps snooker's biggest scandal of all time, the online bookmaker BetFred.com has found itself caught in the middle.

BetFred sponsors snooker world champion John Higgins, who this weekend it was revealed had shook hands on a disgraceful deal to fix a string of high-profile matches after demanding a £300,000 kickback.

Submitted by Alistair Prescott on, May/02/2010

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