Business & Financial

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.

Submitted by C Costigan on, Mar/17/2010

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.

Submitted by Guest on, Mar/17/2010

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. 

Submitted by Alejandro Botticelli on, Mar/17/2010

March Madness Office Pools Costs Employers $1.8 Billion

Most work places this week have partaken in the annual ritual of setting up March Madness office pools while the more savvy employee uses his or her Web-enabled phone to Submitted by Alejandro Botticelli on, Mar/17/2010

Dollarization in Costa Rica? Good Bye Beloved Colon

The online gambling hotbed of Costa Rica may want to consider abandoning its much beloved colon in favor of the US Dollar. 

Submitted by Alejandro Botticelli on, Mar/17/2010

Carbon Poker Loses Half Its Customers in 6 Months

According to the PokerSiteScout.com website, Carbon Poker's "real cash" customers have been cut in h

Submitted by Ace King on, Mar/12/2010

Nevada May Want To Cut Off WSOP Online Poker Sponsors

The World Series of Poker may find itself in yet another setback.  Following legislation passed in October 2006 that essentially made it illegal (or at least difficult) for banks to transfer funds

Submitted by Patrick Flanigan on, Mar/12/2010

Ladbrokes Limits Players Bets to 1 Euro Max

If you win, you're limits often get cut, especially at the European online sportsbooks.  Just ask one poor customer of Ladbrokes.  Submitted by Jagajeet Chiba on, Mar/12/2010

MGM To Leave Atlantic City Over Questions About Ho

ATLANTIC CITY, N.J.

Submitted by Guest on, Mar/12/2010

Betfair US Boss Gerard Cunningham Out

eGaming Review Magazine is reporting that Betfair US Head Submitted by Guest on, Mar/12/2010

Many Online Poker Rooms Are Springing Up in US

Gambling911.com last month told its readers about a pair of online poker rooms that are operating legally from the U.S.

Submitted by Thomas Somach on, Mar/09/2010

Merge Poker Signs on Yet Another Online Poker Room

Merge Gaming today announced that PokerHost.com, has joined one of the fastest growing poker networks in the world.

Submitted by Guest on, Mar/08/2010

Tiger Woods Camp Rejects Online Gambling Offer

Following recent international media coverage of Paddy Power's negotiations with IMG to sponsor Tiger Woods, the company confirms that its initial offer cov

Submitted by Jagajeet Chiba on, Mar/05/2010

Sands Singapore to Open Next Month

SINGAPORE - US gaming giant Las Vegas Sands said on February 24 its casino project in Singapore will open on April 27, months behind the original schedule of late 2009.

Submitted by Guest on, Mar/04/2010

Carl Icahn Takes Over Tropicana Atlantic City

(Reuters) - Billionaire investor Carl Icahn has regulatory approval to own the Tropicana Casino Resort in Atlantic City, the New Jersey Casino Control Commission said on Wednesday.

Submitted by Guest on, Mar/04/2010

PartyGaming The Latest to Report Poor 2009 Showing

With Sportingbet a bit of an exception to the rule, online poker's 4th largest network, PartGaming, reported a poor showing in 2009 with numbers down to $135.0 million from $144.2 millio

Submitted by Jagajeet Chiba on, Mar/04/2010

The Rise and Near Fall of World Sports Exchange (WSEX.com)

What used to be one of the most trusted and reliable online sportsbooks, World Sports Exchange (WSEX.com), has been getting hammered over the past 6 months by the folks at Submitted by C Costigan on, Mar/03/2010

10-Year Old Goldbet Joins Microgaming Online Poker

The Goldbet online gambling group, in operation now since 2000, have selected Microgaming as its new network for allowing customers to play online poker.  The Austrian bookmaker uses proprietary s

Submitted by Jagajeet Chiba on, Mar/03/2010

Sportingbet Reports Good News in Online Gambling Sector

With a number of bookmakers reporting poor showings in recent days, Sportingbet has provided a ray of hope on Wednesday.

Submitted by Jagajeet Chiba on, Mar/03/2010

Sands China Revenue up 22 Percent

March 2 (Bloomberg) -- Sands China Ltd., Asia's biggest listed casino operator, said profit rose 22 percent last year as Macau visitors gambled more on card games and slot machines.

Net income increased to $213.8 million from $175.7 million a year earlier, Sands China, which has the second-biggest market share among Macau casinos, said in a statement to Hong Kong's stock exchange today. That compared with the $225 million mean estimate of four analysts surveyed by Bloomberg.

Submitted by Guest on, Mar/02/2010

2009 Bad Year for Bookmakers: Paddy Power Down

Paddy Power is the latest bookmaker to show a slide in profits for 2009, following Ladbrokes a 2

William Hill Sees Challenging 2010

By KATHY GORDON, WSJ.com

LONDON-U.K. betting group William Hill PLC Friday posted a 7% drop in full year profit, slightly ahead of guidance provided in January, and said its 2010 expectations are unchanged as the unusually severe winter weather in the U.K. in January only pushed revenue down 0.6% in the first seven weeks of 2010.

Submitted by Guest on, Mar/01/2010

More Consolidation in Online Gambling Sector

Two more online gambling ventures have been taken over by stronger firms this past week.

Submitted by C Costigan on, Feb/27/2010

Virgin Group May Move Into US Online Gambling Market

The Virgin Group continues to expand on the online gambling front as they seek investors to help the company move into newly open markets, according to a report filed by Submitted by C Costigan on, Feb/27/2010

NASCAR Betting and Danica Patrick

Both the online sportsbooks and Las Vegas establishments are counting on NASCAR betting, and to fuel those bets they are hopeful that Danica Patrick will at some point begin to make an impact.  To

Submitted by Dan Shapiro on, Feb/26/2010

Gambling in Hawaii: Wipe Out

Carrie Stroup sadly packed her bags last night, as a move to legalize casino gambling at the Hawaii Legislature this session is now dead.

Submitted by Payton on, Feb/26/2010

Olympic Men’s Hockey Championship: A Bookie's Dream

Most of the online bookies have a tough time getting aroused even after overdosing on Viagra.  But this week, USA vs.

Submitted by Ean Lamb on, Feb/25/2010

Rank Urges Treasury to Create Flat Gambling Tax

Submitted by Guest on, Feb/25/2010

Alabama Baptists and Casino Supporters Clash

Anti-gambling leaders had their work cut out for them to speak over an unruly crowd at a rally held Feb. 23 on the steps of the Statehouse.

Submitted by Payton on, Feb/24/2010

Breaking News

Slot Machine & Casino Gambling Industry Market Report

Slot Machine & Casino Gambling Industry Market Report

The slot machine industry continues to grow at a healthy pace. Slots are viewed as the engine that drives the land-based casino industry as well as real money gambling online. The prospect for future growth beyond 2018 is one of the primary topics covered in a recent post on PlaySlots4RealMoney.com Gambling News by Rich Caesar.

Icelandic Fugitive in Bitcoin Heist Arrested in Amsterdam

Amsterdam police have arrested an Icelandic fugitive suspected of masterminding the theft of hundreds of computers used to mine bitcoin and other virtual currencies.

Weekslong Manhunt Ends With Capture of Degenerate Gambler Accused of Killing Husband

Weekslong Manhunt Ends With Capture of Degenerate Gambler Accused of Killing Husband

A Minnesota woman who led authorities on a weekslong manhunt after she allegedly killed her husband, then went to Florida and befriended — then killed — a woman who resembled her, is now facing charges in two states.

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