Business & Financial
Macau Gambling Revenue Surges to $23B in 2010
HONG KONG — (Associated Press) - Macau's government says casino gambling revenue surged by more than half in 2010, solidifying its rank as the world's biggest gambling market.
Data posted on a government website Monday showed that casino revenue totaled 188.34 billion patacas ($23.52 billion) last year. That's 57.8 percent higher than the 119.37 billion patacas reported in 2009.
Australian Land Based Casinos Rank Among The Best In The World?
Gambling911.com Exclusive: Annie Duke in Brand Bind
To paraphrase Shakespeare, what's in a brand?
Station Casinos Group Donates $13K to Salvation Army Following Theft
XL Bet Shuts Down, Stiffs Players
An obscure online sports betting website, XL Bet, has closed its doors for good, stiffing customers in the process.
Bwin and PartyGaming Will Remain As Separate Brands After Merger
Caesars Signs Online Poker Deal With Microgaming, People’s Network
Gibraltar Raises Tax Levies On Internet Gambling Firms
The Internet gambling haven of Gibraltar, long known as a tax haven, has decided to raise tax levies. Beginning in 2011, it will impose a standard 10 percent tax.
Australian Gambling And Entertainment News - December 22, 2010
Ladbrokes Looking To Buy 888.com
After a failed attempt to acquire mega online casino company 888.com four years ago, The United Kingdom’s biggest bookmaker, Ladbrokes, is trying once more.
It was revealed Sunday night that Ladbrokes is offering around £240m or 70p a share. That is nearly half of what they offered four years back but the industry is in constant flux and online casinos in particular have been battered by the current economic crisis.
Nevada In The Toilet
The unemployment rate in the casino rich state of Nevada has now hit 14.3 percent and things do not seem to be getting much better. The percentage rose from 14.1 in October.
Australian Gambling Sports Betting Ads, Promos Cop Heat
G'day casino and gambling millionaires, billionaires, media moguls, sports nuts, entertainment news junkies, insiders, outsiders, politicians, journalists and everyone else. Today we probe the proliferation of sports betting, casino and gambling mentions and themes in the Australian media, sports and entertainment business.
William Hill Shutting Stores, Paddy Power Big Hiring Plans
Australian Casino and Entertainment News – December 16, 2010
New Jersey, California Race to Legalize Internet Gambling
With the worldwide Internet gambling market generating some $330 billion, US states the likes of New Jersey and California are looking to legalize the activity within their own borders.
Harry Reid Draft Bill for Internet Poker Targeted for Spending Bill
Australian Media, New Media And Casino Wars – December 11, 2010
Reid Poker Draft Bill Promises Between $10 to $40 billion in Tax Revenue
