Business & Financial

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

Ontario Considers State-Sponsored Internet gambling

TORONTO - Ontario will consider state-sponsored Internet gambling, Premier Dalton McGuinty said Tuesday, days after the provincial gaming agency said it is looking at taking a cut from the online p

Submitted by Payton on, Feb/24/2010

Sportsbook .com Moves to Merge: 6 Times Growth Expected

The Merge Poker Network just received a serious injection to help in its aggressive growth plans.   Submitted by C Costigan on, Feb/22/2010

Bing, Yahoo Deal Should Help Online Gambling Sector

Search has helped build the online gambling industry from all the way back when now defunct BetOnSports would bid on the best terms at to now where a coveted top 3 spot on the first page of

Submitted by C Costigan on, Feb/18/2010

America: A Big Fat Greek Tragedy

Wayne Allyn Root, the 2008 Libertarian Vice Presidential nominee and frequent contributor to the website, will be appearing on Fox News Friday.

Submitted by Wayne Allyn Root on, Feb/18/2010

Ladbrokes Falling Profits Symbolic of Failing Economy

It was very bad news for the United Kingdom's largest bookmaker.  Ladbrokes on Thursday reported a 28% fall in profits in 2009.

Submitted by Jagajeet Chiba on, Feb/18/2010

Poker Domain Sells for $1 Million

It's the most money sold for a .org domain name. sold for $1 million this week.

According to

Submitted by Jagajeet Chiba on, Feb/18/2010

Las Vegas Sands Losses Narrow: Macau 80% of Revenue

(Bloomberg) -- Las Vegas Sands Corp., the casino company expanding in Macau and Singapore, reported fourth- quarter earnings that met analysts' estimates as growth in the Chinese gambling market co

Submitted by Guest on, Feb/17/2010

Full Tilt Poker Peaked, PokerStars Continues Up

The world's second largest online poker room, Full Tilt Poker, appears to have hit its peak at just shy of 20,000 "real cash" players on averag

Submitted by Ace King on, Feb/14/2010

Inside Gaming: N.J. likely to Suffer Same Fate as Bernie

Atlantic City gaming revenues fell 8.5 percent in January to $294.2 million, the New Jersey city's 17th straight monthly decline.

That was the good news.

In the past five weeks, Atlantic City's 11 casinos saw new competition emerge (table games in Pennsylvania and Delaware, slot machines in Maryland and New York) and two casino operators (MGM Mirage and Pinnacle Entertainment) begin planning their exit from the market.

Submitted by Guest on, Feb/14/2010

Billionaires Bid Against One Another at NBA All Star Game

NY pharma Billionaire Stewart Rahr & Florida tourism billionaire Micky Arison bid against one another @ Saturday's 2010 NBA ALL-STAR Wade's World foundation event, with Rahr coming up on top wi

Submitted by Alejandro Botticelli on, Feb/14/2010

Paddy Power Ups Stake in Australia’s Sportsbet

Paddy Power has increased its stake in Australia's Sportsbet, strengthening its position beyond Europe.

Submitted by Guest on, Feb/12/2010

International Game Technology Shuts Down Japan Operations

As part of its ongoing focus on operating efficiencies, International Game Technology (NYSE: IGT) today announced its decision to close its Japan operations due to ongoing difficult market conditio

Submitted by Guest on, Feb/11/2010

Super Bowl Records Broke at Gambling911, Vegas reported its highest traffic numbers in its nearly 10 years on the Web Sunday as Super Bowl betting took center stage.  The site dominated in Super Bowl related searches at both G
Submitted by C Costigan on, Feb/10/2010

Online Gambling Processors to Enter US Market

A UK-based payment processing company is preparing to enter the U.S. market and will be open to process online gambling transactions for U.S.

Submitted by C Costigan on, Feb/09/2010

Initial Report: Vegas, Reno, Online Had Killer Super Bowl

Based on preliminary numbers, the online gambling sites should have been way up over last year's Super Bowl numbers.

Submitted by C Costigan on, Feb/08/2010

Las Vegas Sportsbooks Prepare for Big Money Weekend

LAS VEGAS - Las Vegas sports books are counting down to Super Bowl Sunday. The big game means big business for Las Vegas, and casinos expect to cash in on this weekend's game.

Submitted by Guest on, Feb/06/2010 Partners With Bellator Fighting Championships

Bellator Fighting Championships, the nationally televised mixed martial arts promotion, has formed an exclusive sponsorship alliance with Submitted by Guest on, Feb/04/2010

Super Bowl 2010 Betting: Line Moves Déjà vu

There has been much made here at of the 2010 Super Bowl odds being incredibly fluid just days before the big game and why that might be when approximately Submitted by C Costigan on, Feb/04/2010

betFair Makes Board Appointment While Considering IPO

(Bloomberg) -- Betfair Ltd., which enables gamblers in 140 countries to bet with each other over the Internet, appointed Marks & Spencer Group Plc's Ian Dyson to its board amid

Submitted by Guest on, Feb/04/2010

Obama Angers Las Vegas Again

It was just a year ago that United States President Barack Obama managed to piss off Las Vegas and its flamboyant Mayor Oscar Goodman.  Obama discouraged bankers and other businesses from scheduli

Submitted by Jagajeet Chiba on, Feb/02/2010

Asia Gambling Tycoon Stanley Ho in Grave Condition

One of the gambling world's most recognizable figures is said to be in grave condition.

Submitted by Jagajeet Chiba on, Feb/01/2010

Chili Poker Gets Chilly Reception from Affiliates

Following's publishing of Chili Poker CEO's email about that online poker company's stance when it comes to "winning players" (see my article Submitted by Jagajeet Chiba on, Jan/31/2010

Cake Poker Eats Away at Microgaming Network

It was a tight race for the coveted number 9 position among all online poker networks as the powerful Cake Poker network was a mere 100 real cash players beh

Submitted by Patrick Flanigan on, Jan/30/2010

2010 Super Bowl Betting Will Set Records (We Hope) is hopeful that 2010 Super Bowl betting will set all types of records from traffic numbers to revenue for our online sportsbook sponsors. The vast majority of Super Bowl bets will be related to propositions such as "first to score", "coin toss" and even the length of the National Anthem.

Submitted by C Costigan on, Jan/30/2010

VC Poker Gives Players the Boot

It's difficult to imagine two strong name brands like the iPoker Network and long time British bookmaker Victor Chandler finding themselves in the midst of a PR nightmare, but that is exactly what

Submitted by Ace King on, Jan/29/2010

Cake Poker Snatches WSOP Bracelet on Ebay

Things aren't always rosy in terms of finances for professional poker players.

Submitted by Guest on, Jan/28/2010

UK Betting Worth £6bn: US Should Take Notice

According to a report in eGaming Review Magazine online, the UK betting industry is now valued at £6bn according to Deloitte and employs a whopping 100,

Submitted by Jagajeet Chiba on, Jan/28/2010

2010 Super Bowl Betting Boost to Off Year

The start of the regular NFL season was shaky at best for both online sportsbooks and the Vegas books with much smaller bets and less volume compared to past years.  2010 Super Bowl betting was ex

Submitted by Jagajeet Chiba on, Jan/27/2010

Breaking News

Top Government Official Pleads Guilty to Gambling Away Tax Payer Funds

A former top economic development official in Maryland has pleaded guilty to stealing millions of dollars from the public.

'Bitcoin on its Way to Zero,' Professor Claims: Won't Gloat Though After This Week's Plunge

'Bitcoin on its Way to Zero,' Professor Claims: Won't Gloat Though After This Week's Plunge

Nouriel Roubini, currently a professor at the New York University Stern School of Business, was quick to speak out following Bitcoin’s 13 percent drop overnight midweek.

UK Forced to Accelerate Planned Reform to Gambling Regulations

UK Forced to Accelerate Planned Reform to Gambling Regulations

The British government bowed to increasing pressure from lawmakers on Wednesday by bringing forward a planned reform of gambling regulations by six months.

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