Business & Financial
Las Vegas Sands Corp a Strong Buy
The economy is struggling and Las Vegas we learn is not immune, nor is the Las Vegas Sands Corp, one of the world's largest casino ventures. But with its recent capital infusion and prospects for
UBS Closes All Offshore Accounts of U.S. Clients
ZURICH (Reuters) - Swiss wealth manager UBS AG (UBSN.VX) (UBS.N) is closing all the offshore accounts of its U.S. clients, the bank said on Friday, as it comes under pressure from U.S.
Wayne Root Reportedly Closes Shop
Countless reports have indicated to Gambling911.com that former US Libertarian Vice Presidential running mate and sports handicapper, Wayne Root, has shut down his sports service call center in Las
States Likely to Begin Legalizing Sports Betting in 2009
With the economy in dire straits and individual states feeling the worst of it, the likelihood of at least one or more states legalizing sports betting is more a reality than ever in 2009.
Porn and Other Sin Industries Want Government Bailouts
Sex sells especially in an economic downturn, Sarah Estrella of the Examiner writes.
GigaMedia is the Online Gambling Stock to Watch
The Motley Fool has revealed three stocks to watch for 2009 and one of them is Asian online gambling firm GigaMedia.
PartyGaming Sues Former Owner of Empire Online
Jan. 5 (Bloomberg) -- PartyGaming Plc, the owner of the PartyPoker.com brand, sued investment company Livermore Investments Group Ltd.
Macau Gambling Boom Slows: Revenues Do Not
Thousands of jobs are being lost across the globe daily as the economy continues its downward spiral. What was once believed to be a "recession-proof" industry is no more. Macau, cons
America’s Biggest Billionaire Loser is Casino Boss
Last week, Gambling911.com reported on how Forbes Magazine listed India born PartyGaming co-founder, Anurag Dikshit among the biggest billionaire blowups in 2008 (they valued his net worth at a mer
PartyGaming is a Scary One-Eyed Monster With Little Bite
PartyGaming, once the world's largest online poker firm with more than half the market and a darling of the London Stock Exchange, has gone into free fall in recent years. Amazingly, despite losi
South Korea: Internet Gambling Charges Up 700 Percent
This year, 1,681 people have been charged with illegal gambling over the Internet in South Korea compared to just 248 this year. The rationale behind this: In a struggling economy desperate peo
JetBlue Begins Flights to Costa Rica
The online gambling rich nation of Costa Rica will soon be able to enjoy the JetBlue experience. The Central American nation is the largest employer in the North American Internet gambling sector
PokerStars Will Not Be Affected By PartyGaming Settlements
PokerStars lawyers told a local newspaper that it is "business as usual" for the world's largest online poker room.
Wynn's Encore Opens This Week in Las Vegas
LAS VEGAS (AP) - Wynn Resorts Ltd.
Gambling Industry Not Recession Proof We Learn
The top story in 2008 according to CasinoCity.com, the thinking that the casino industry is "recession proof" is no longer true and, unfortunately
Tel Aviv Online Gambling Firms Thrive During Economic Woes
Casino Affiliate Convention organizer, Marc Lesnick, says the Tel Aviv online gambling scene is thriving despite a troubled economy.
Sportingbet Trading in Line Since First Quarter
LONDON, Dec 12 (Reuters) - Online sports betting company Sportingbet (SBT.L: Quote,
Paddy Power Next Airline To Go Bust Ad Doesn’t Fly
The Advertising Standards Authority in the United Kingdom has grounded an ad by Internet gambling powerhouse Paddy Power, which it claims discredits the airline industry. Paddy Power, Ireland's largest bookmaker and a sponsor of the Gambling911.com website, had been offering odds on which major commercial airline would go under next.
The Paddy Power press campaign, which ran in national newspapers, used the headline "Next airline to go bust?".
Hamdemonium Betting This Christmas Time?
It sounds like a storyline from the movie "Aporkalypse Now' as hamdemonium continues to spread across the Irish food industry.
Mediacom Grabs £10million Sportingbet Ad Account
And the winner is....Mediacom. The media buyer has been tasked with handling media for the company's website brands such as
Cantor Gaming: More Mysteries Abound
Another chapter in the successful yet tragic story of Cantor Fitzgerald closed last week. Or did it?
Cantor Gaming, a well known name in the online gambling realm, recently notified its users that it is determined to cease ‘providing services to retail customers' which turned with closing Cantor Casino.com and Red Lounge Casino.com while Cantor-Poker.com remains operating.
Bookie Offers Odds on Aer Lingus Ryanair Shares
The odds of the Irish government selling its shares in flagship carrier, Aer Lingus, to one of Europe's biggest low fare airlines, Ryanair, were set at 5-2 at
Online Gambling Cheaper Than Going Out to The Pub
One of the reasons online gambling is not witnessing much of a decline during this troubling economic downturn: It is an entertainment which can be a lot cheaper than going out to a restaurant or t
Mumbai Massacre Means End to Cricket Betting
Cricket events between Pakistan and India have been cancelled following the events that unraveled in Mumbai last week.
Did 60 Minutes Story Help Absolute Poker, Online Poker Rooms?
Maybe websites like Gambling911.com are all too caught up in the online poker scene to really understand the true impact of Sunday evening's 60 Minutes segment pertaining to the much talked about A
PartyGaming Profits Continue to Decline
As world economies continue to slide downward, the trend has carried over into the finances of online poker companies as well.
Gamblers Go Heavy On Dow Closing Much Higher Following Citi Group News
Gamblers at online prediction market intrade.com were betting heavily that the Dow would close more than 25 points higher than Friday's close following news th
Casino Gambling in Atlanta? Not So Fast
With the US economy in a tailspin, what better time to bring casinos to Atlanta than now?
Downey Bank Finally Goes Down For The Count: Who’s Next?
So far the online prediction markets have been fairly accurate in their offering related to the next bank closure.
Netherlands Banks Reject Call to Police Online Gambling Transactions
The Netherlands Bankers Association (NVB) this week rejected the idea that they would be able to police transactions used for the purpose of online gambling. The NVB told Justice Minister Hirsch
