Business & Financial

MGM China IPO Price at $3.6 Billion

Submitted by Aaron Goldstein on, May/17/2011

Galaxy Casino Opens in Macau: Price Tag $2 Billion

With a price tag of just $2 billion (that’s with a “b”), the extravagant Galaxy Casino opened in Macau, the world’s largest gambling Mecca.

Submitted by Aaron Goldstein on, May/15/2011

For Las Vegas Sands, the House Edge is Geographical Diversity

The entire article from the Daily Finance can be read here

Submitted by Guest on, May/15/2011

Facebook Casino Firm DoubleDown Interactive Reaches 1.2M

Submitted by Ace King on, May/15/2011

Doyle Brunson Leaves DoylesRoom.com (a Gambling911.com Exclusive)

The legendary poker pro and dear friend of this website, Doyle Brunson, has left DoylesRoom.com, Gambling911.com can report exclusively.

Submitted by Jenny Woo on, May/13/2011

PokerStars Returns More Than $100 Million to Players

Submitted by Guest on, May/13/2011

Betsson Acquires BetSafe.com in €60m deal

Submitted by Aaron Goldstein on, May/13/2011

Tunica Casinos May Not Open In Time For Memorial Day Weekend

Submitted by Aaron Goldstein on, May/10/2011

PokerStars US Affiliates Screwed

Submitted by Guest on, May/10/2011

Merge Poker US Players Up More Than 70 Percent

Submitted by Ace King on, May/10/2011

UB.com, Absolute Poker Part Ways With Pros

Blanca Games Inc. (“Blanca”), operator of online poker rooms Absolute Poker and UB, issued the following statement today:

“Recently, Absolute Poker and UB ceased their U.S.-facing operations due to legal developments in the United States. To ensure the on-going viability of the business, it has been necessary to downsize certain aspects of Absolute Poker’s and UB’s operations.  These efficiency measures have been taken to enable the brands to continue to operate their non-U.S.-facing business.

Submitted by Guest on, May/09/2011

2011 Kentucky Derby Sets Record: $165.2 Million in Wagers

The 2011 Kentucky Derby brought in a record $165.2 million in wagers, and that is not including bets taken online.

All-sources wagering on the Kentucky Derby card was $165.2 million, the third-highest in Derby history and an increase of 1.5 percent over the prior year's $162.7 million.  All-sources handle on the Derby race itself was $112.0 million, flat with 2010's $112.7 million. Churchill Downs returned $135.3 million to bettors, which amounts to 81.9 percent of total wagering on the Derby Day race card. 

Submitted by Aaron Goldstein on, May/09/2011

Is QuiBids.com Legalized Online Gambling?

Submitted by Payton on, May/08/2011

Head of Employment Agency Threatens to Report UB.com to Feds

Submitted by C Costigan on, May/06/2011

Somach: Expect Exodus of Online Poker Shills

The announcement Wednesday by poker pro Dusty "Leatherass" Schmidt that he's quitting as paid spokesman for online poker room Poker Stars is likely the start of a trend.

Submitted by Thomas Somach on, May/06/2011

UB.com Absolute Poker “Bankruptcy” Fears a bit Premature

Submitted by C Costigan on, May/05/2011

Breaking: Absolute Poker and UB to focus on Non-U.S Markets and Software Biz

Note:  This is the official statement released by UB.com, Absolute Poker and Blanca Games Inc. by their Public Relations Department directly to Gambling911.com. 

Submitted by Guest on, May/03/2011

Macau Casino Revenue up 44.6 Percent

(Reuters) - Casino revenue in Macau, the world's biggest gaming market, rose 44.6 percent in April to 20.5 billion patacas ($2.56 billion).

Submitted by C Costigan on, May/03/2011

UB.com Loses More Than Three Quarters of Its Online Poker Traffic

It’s been a hard fall for UB.com and Absolute Poker as the network has lost more than three quarters of its online poker traffic post-indictments.

UB.com and Absolute Poker were caught up in an April 15 crackdown by US law enforcement along with PokerStars and Full Tilt Poker.  Each were charged with money laundering and bank fraud.  The three sites also had their domain names seized by the US Justice Department.

Submitted by Ace King on, May/02/2011

Full Tilt Poker Payouts to Begin Next Week

According to the popular website LawDonk.com, Full Tilt Poker is to begin making payouts to US customer beginning some time next week.

Submitted by C Costigan on, Apr/29/2011

Bodog88.com Offers UK Tote for Asian Customer Base

Submitted by Guest on, Apr/27/2011

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