Business & Financial

Casino Operator MGM Resorts Loses $883.5M in 2Q

Submitted by C Costigan on, Aug/03/2010

888.com Wants to Discuss Mergers Also: Ladbrokes?

Submitted by C Costigan on, Aug/03/2010

PartyGaming to Report 2010 Half Year Results Friday

Submitted by C Costigan on, Aug/03/2010

GoDaddy.com Sued for $100 Million in Aiding Michael Jackson Online Casino

The popular registrar GoDaddy.com is being sued for its allowing a company to register the MichaelJackson.com online casino, according to TMZ.com. 

GoDaddy.com is being pursued by Howard Mann, who claims he owns the copyright to photos features on the Internet casino website, which remains up as of press time Tuesday morning.  The mystery owner registered through GoDaddy.com, according to the suit.  

Submitted by C Costigan on, Aug/03/2010

Las Vegas Sands Corp Booming Asia Business: Shares Rise 2.3 Percent

 

Shares in Las Vegas Sands Corp (LVS.N) posted a better-than-expected quarterly profit last week thanks to its new Singapore resort and gambling in Macau. 

Sands, whose shares rose 2.3 percent in morning trading, earned 17 cents a share in the second quarter after adjusting for one-time items. Analysts on average expected 9 cents a share, according to Thomson Reuters I/B/E/S.

Net revenue rose nearly 51 percent to $1.59 billion.

"They had a monster quarter," said Sanford Bernstein analyst Janet Brashear.

Submitted by C Costigan on, Aug/02/2010

MGM to Report Earnings Tuesday

 

Submitted by C Costigan on, Aug/02/2010

European Online Gambling Firms Want Into U.S. Market: Hopes Are High

 

Nearly all European online gambling firms, including the poker sites, have shied away from the U.S. market for the past 3 years following passage of the Unlawful Internet Gaming Enforcement Act (UIGEA) back in October 2006.  The first step towards appealing that law took place Wednesday with a markup in a House subcommittee.  Now it’s off to the House and Senate where further amendments are likely.

Submitted by C Costigan on, Jul/30/2010

New Online Gambling Company Would Be Worth $3.7 Billion

Submitted by C Costigan on, Jul/29/2010

Bwin, PartyGaming Looking to Merge

Submitted by C Costigan on, Jul/29/2010

Full Tilt Poker, PokerStars Done As We Know Them?

Submitted by C Costigan on, Jul/28/2010

WSEX Payouts Still Dwindling In This Week

Submitted by C Costigan on, Jul/28/2010

Las Vegas Sands Corp, Playtech Report Results

The Las Vegas Sands Corp. consolidated second quarter adjusted property EBITDA increased by 91.2% to record $473.5 million on record net revenue of $1.59 Billion.

Submitted by C Costigan on, Jul/28/2010

Online Poker: Cake Poker Regains Some Market Share

Submitted by C Costigan on, Jul/27/2010

Bodog Poker Dives to 21St Place Among Global Online Poker Rooms

 

Submitted by C Costigan on, Jul/26/2010

Pennsylvania Gambling Beats Out Las Vegas, Atlantic City

 

No wonder Atlantic City is suffering, Pennsylvania is making quite an impact on the gambling scene, at least if collected taxes act as an indicator.

Submitted by C Costigan on, Jul/26/2010

William Hill Move to Gibraltar a Blow to United Kingdom

 

Submitted by C Costigan on, Jul/26/2010

Moody’s: Harrah’s Is In Serious Trouble

 

Submitted by C Costigan on, Jul/25/2010

New York Times: States Addicted to Gambling

 

The New York Times featuring a report Monday regarding individual states desire to boost their economies through gambling, New Jersey included. 

Submitted by C Costigan on, Jul/25/2010

Australian Gambling News July 25, 2010

 

Readers er punters, the Australian connection between casinos, gaming and politics had never been so hot. Aussie politicians and campaigners continue to battle for your mind (and vote), headlines and the whole box and dice. Media Man and Gambling911 deliver the uncensored news (full strength caffeine in Google speak) you need to know, not always what you want to hear. Here's your weekend fix my friends...

James Packer Family Spotted In Barcelona...

Submitted by C Costigan on, Jul/25/2010

Three Gambling Companies Go Into Liquidation This Past Week

 

Submitted by C Costigan on, Jul/25/2010

Pennsylvania Gets Casino Games: Atlantic City's Death Knell?

Legal poker was played for the first time in the State of Pennsylvania this week as table games came to the state's casinos.

Submitted by C Costigan on, Jul/23/2010

William Hill “Worst Ever Royal Ascot” Blamed for Poor Profit Margins

William Hill continues to hint at moving its telephone business offshore following dismal results over the past year compared to its online arm.

"Poor horse racing results" led to a 33% fall in net telephone revenue, with a statement from Hills explicitly pointing out: "The board has previously noted the challenge of competing with UK betting exchanges and Irish offshore telebetting operators, all of whom have benefited from significant tax and cost advantages over UK bookmakers. The situation is under active review."

Submitted by C Costigan on, Jul/23/2010

Cake Poker Launches Four New Online Poker Rooms

Cake Network is proud to announce the official launch of five new partner sites to the network - Broadway Tables, PokerXRC, WingsPoker, Unleashed Poker, and Come On.

Submitted by C Costigan on, Jul/21/2010

Australian Casino Wars: Burswood Casino Takes Aim

Submitted by C Costigan on, Jul/20/2010

Russian Bookmaker Offers 100,000 Euros for Paul The Octopus

A prognosticating octopus correctly picked all the winners of specified World Cup games including Serbia’s shock win over favored Germany and Spain’s World Cup final win.

Submitted by C Costigan on, Jul/20/2010

Breaking News

Oscars Odds to Win Best Adapted Screenplay 2019 - BlackKlansman

Oscar Odds to Win Best Adapted Screenplay 2019 - BlackKlansman

The odds to win Best Adapted Screenplay had BlackKlansman as the -250 favorite but this was among the most competitive categories with Can You Ever Forgive Me? at +275 odds. 

Other Football Lagues Seek Boost From Legal Sports Betting

Other Football Lagues Seek Boost From Legal Sports Betting

The National Football League is king when it comes to legal sports bets, but other professional gridiron leagues are also looking to embrace and profit from it.

Oscars Odds to Win Best Supporting Actor 2019 - Mahershala Ali

Oscars Odds to Win Best Supporting Actor 2019 - Mahershala Ali

The odds to win Best Supporting Actor at the 2019 Oscars had Mahershala Ali (Green Book) -1400 as a big favorite.  All other nominees are long shots and highly unlikely to win as Ali is the virtual lock.

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