Business & Financial

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?"

Submitted by Gilbert Horowitz on, May/27/2011

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.

Submitted by C Costigan on, May/26/2011

MGM China IPO at HK$15.34 per Share

Submitted by Aaron Goldstein on, May/26/2011

Gambling Stocks: What’s Hot, What’s Not

Submitted by Aaron Goldstein on, May/26/2011

BetED.com Players May be Waiting Some Time to Claim Funds

It is still unclear as to how much money the US Feds seized from BetED.com as part of an elaborate sting operation.

BetED.com closed its doors this week after their domain name was taken over by the US Justice Department.  The online betting company reportedly told Covers.com that the Feds have all of their money.  Most gamblers do not believe this and there are reports that BetED.com’s two founders (both of whom are named in Monday’s indictments) cleaned out their Costa Rican offices and fled.

Submitted by C Costigan on, May/25/2011

Quick Tender Shutdown: Players Likely to be Stiffed

Submitted by C Costigan on, May/25/2011

Quick Tender Online Gambling Payment Solutions Shuts Down

Submitted by C Costigan on, May/25/2011

Christine Lagarde Bids to Become Head of IMF

Submitted by Aaron Goldstein on, May/25/2011

Goldman CEO Lloyd Blankfein Odds of Staying in Job Not Good

Submitted by Aaron Goldstein on, May/24/2011

DoylesRoom.com is now DoylesRoom.ag

Submitted by Guest on, May/24/2011

Merge Poker Blocking Four States Plus District of Columbia

Submitted by C Costigan on, May/24/2011

Macau Casino Stocks May See Short Term Drop Second Half of 2011

Submitted by Aaron Goldstein on, May/24/2011

Yandex: Biggest 2011 Tech IPO

Submitted by Aaron Goldstein on, May/24/2011

Bodog, Bookmaker Initiate Domain Change Strategy

Submitted by C Costigan on, May/24/2011

Online Poker Processor Pleads Guilty

Brad Franzen, the owner of a payment processor that worked in conjunction with three online poker rooms indicted April 15, has plead guilty on Monday. 

Submitted by C Costigan on, May/23/2011

More Headaches for PokerStars as Company Faces Australia Action

PokerStars, the world’s largest online poker room, could be fined in Australia. 

Submitted by Gilbert Horowitz on, May/23/2011

Sky City Group Plans To Build Casino In Darwin; Aussie Casino Wars May Escalate

Sky City Casino has released previously top secret plans for a 50 million dollar resort - casino featuring villas which could cost as much as two thousand dollars a night.

The flashy integrated resort is to be built next to the current land based casino site, at Little Mindil, with the company also looking at the operation of a corporate jet to shuttle VIP whales between Asian cities and Darwin.

The Chief Minister Paul Henderson says it's fantastic news for the Territory.

Submitted by Greg Tingle on, May/20/2011

Nevada Online Poker Bill Unanimously Approved

Submitted by C Costigan on, May/20/2011

Casinos Reopening in Tunica Following Record Floods

The Gold Strike Casino was among three properties that began opening for business this week following two weeks of record flooding from a swollen Mississippi River

Submitted by Aaron Goldstein on, May/19/2011

Lock Poker Signs on Two New Pros

Lock Poker has signed on two new pros and four more are expected to come on board next week.

Submitted by C Costigan on, May/18/2011

QuickTender / UseMyWallet Funds Not Going Through in US

QuickTender / UseMyWallet has stopped sending funds to US players. 

Submitted by Guest on, May/18/2011

California Wants Online Poker Legalized Now

California Senator Lou Correa has amended his California bill SB40 in an effort to legalize online poker in the state before federal legislation is passed.

Correa has marked his bill with an “urgency category”, resulting in the bill remaining active to progress at this year’s legislative phase without having to beat committee deadlines.

The only thing needed, a signature from Democratic California Governor Jerry Brown.

Submitted by C Costigan on, May/18/2011

Gambling, Tobacco, Firearms and Dairy No Longer Taboo Subjects at Facebook

Facebook, the powerful social media website, has reportedly loosened its policy on promotions around gambling, tobacco, dairy, age, residency and firearms. 

Submitted by Aaron Goldstein on, May/18/2011

Paddy Power Kicks Off The Year Up 21 Percent

Submitted by Aaron Goldstein on, May/18/2011

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