Business & Financial
Online Sportsbooks Mean Big Business For Online Poker
Some in the online poker community choose to brandish sports betting as "shady" and "not as important in the whole scheme of things" when it comes to the online gambling sector.
Steve Wynn Divorce Among Most Expensive
Steve Wynn's $1 billion divoce may be the most expensive ever, at least according to Wynn. He and his wife Elaine split their 38 percent stake in Wynn Resorts Ltd. Elaine walked away with $955
Betfair Closer to IPO
We haven't seen many IPOs in the online gambling sector in recent years. That may be about to chance as Betfair reportedly prepares to go public.
Betfair has hired Morgan Stanley director Mark Brooker as head of strategy, according to EGR Magazine. It is the first in a series of anticipated moves prior to the potential £1.5bn flotation.
Donald Trump Gains Control of Casinos
Donald J. Trump is hoping the third time will be the charm.
As it prepares to exit bankruptcy court for the third time, Trump Entertainment Resorts and its three Atlantic City casinos will be under the control of Mr. Trump and bondholders after a court ruling on Monday.
Tiger Woods Return Great for Sportsbooks
LAS VEGAS -- Tiger Woods' comeback to golf has not only been good for ratings, but it's also a big hit with Las Vegas sportsbooks.
Crown Casino Faced With Bad PR as Key Event Approaches
In the land "down under" sometimes hard news is kept quite for a while, but invariably the cat gets out of the bag.
Betting on 2010 Masters Breaks Records
Betting on the 2010 Masters traffic has been brisk at Gambling911.com, though it can hardly be seen as rivaling that of the Super Bowl or Oscars (or the upcoming Kentucky Derby for that matter).
Cake Poker Network Launches Three New Partner Sites
Popular poker aggregator Cake Network announces three new sites that have joined the Network - JuicyStakes, BeteXpress, and KakuyPoker.
JuicyStakes (juicystakes.com), a casino site popular for its retro design styling and it's unique and copious player promotions, is adding poker to their offerings by joining the Cake Network.
Wynn Terminates Philadelphia Deal
A Foxwoods Casino in Philadelphia? It's not happening. At least Wynn will no longer be part of the project.
Wynn Resorts, Limited (NASDAQ: WYNN) announced Thursday that Development Associates, LLC, and certain other of its wholly owned subsidiaries have terminated all agreements and negotiations with respect to a potential investment in the Foxwoods Casino project in Philadelphia, PA.
Crown Casino Ready for War with Sydney’s Star City
Casino wars are about to explode down under between Sydney (The Blues) and Melbournites (Melbourne).
Online Poker Continues to Grow at Healthy Pace
The worldwide online poker market continues to grow at a healthy but unspectacular pace.
World Series of Poker Being Sued by Everest Poker
Everest Poker, an online poker venture, is suing to get out of a $22.5 million sponsorship deal with the World Series of Poker (WSOP).
A lawsuit was filed in federal court in Las Vegas on Thursday by Ultra Internet Media S.A. against the Harrah's Entertainment Inc. subsidiary that owns the World Series of Poker. Ultra is saying they are incorporated under the laws of Nevis, West Indies.
Frank Sinatra Former Casino Latest Vegas Fatality
The roulette wheel has stopped spinning and there is no more blackjack at Frank Sinatra's former casino.
William Hill Looks to Boost Market Share: Don’t Hold Your Breath
The UK's second largest bookmaker, William Hill, is looking to increase its marketing share by hiring a new advertising agency, The Bank
Ladbrokes Online Casino Affiliate Program to Withhold Funds
Casino Affiliate Programs April Fools WTF Awards: Ladbrokes "Income Access"
Macau Murder for Hire Tie-ing Las Vegas Sands
Reuters was revealed on Wednesday (local time) the ties to casino gambling in Macau and the underworld of organized crime which threatens to place the Las Vegas Sands in jeopardy.
Ladbrokes to Hire Top Vet
Ladbrokes, the UK's largest bookmaker, is poised to hire Richard Glynn, chairman of Sporting Index, the spread betting group, as its new chief executive.
888.com in Breach of Gambling Act? Goes Off Line
Australia's communication's watchdog is investigating 888.com for an apparent breach of the integrated gambling act.
Macau March Gambling Revenue on Track
(Reuters) - Gambling revenue in Macau reached close to HK$13 billion ($1.68 billion) for the first three weeks of March, on track for a monthly record, underscoring sustained growth in the world's
Casino And Adult Entrepreneur Cleared Of Insider Trading
Australians continue to maintain their "Underbelly" like status on a national and international scale.
Visitors are spending less in Las Vegas
LAS VEGAS (AP) - A report finds that Las Vegas visitors spent an average of more than $50 less on gambling in 2009 than the year before.
New Bill Allows Licensed AC Casinos To Offer Online Gambling
Sponsored by:
Assemblyman JOHN J. BURZICHELLI
District 3 (Salem, Cumberland and Gloucester)
Messing With Perfection in NCAA Tournament
(Associated Press) - They've floated the trial balloons and watched as they were punctured one by one.
British Bookmakers Victorious Last Week
The British bookmakers breathed a respective sigh of relief this past week and were £45million richer thanks to Cheltenham and odds-on Kauto Star tumbled out of the Gold Cup.
Virgin Games Hunts for New Ad Agency
LONDON - Virgin Games is on the hunt for an agency to handle its UK advertising business
World Sports Exchange, Jay Cohen Image Tarnished
The once proud World Sports Exchange (WSEX.com), founded in 1996, has fallen on bad times and co-founder Jay Cohen hasn't said much about the matter.
Gambling: MGM Partner Said to Have Organized Crime Ties
The MGM Mirage is trying to sever its ties with MGM Grand Macau, claiming that the later's co-owner, Patsy Ho, is "financially dependent on her father, casino magnate Stanley Ho." Addit
March Madness 2010 Record Viewers, Bets Expected
CBS is expecting record number of viewers as the Men's NCAA College Basketball Round One games kick off Thursday and March Madness 2010 gets underway in full force.
Playtech Helped by William Hill
Online casino software powerhouse Playtech reported a 70 per cent rise in full-year profits, boosted by its joint venture with the United Kingdom's second largest bookmaker, William Hill.
New Jersey Spending Cuts: Bring on Legalized Sports Betting
With New Jersey Governor Chris Christie proposing deep spending cuts, the subject of legalized sports betting once more comes to the forefront.
