Business & Financial

William Hill Disappointing Profits

(Bloomberg) -- William Hill Plc, the U.K.'s second- biggest bookmaker, dropped the most since October after the company said full-year betting-shop profit would be lower than analy

Submitted by Guest on, Aug/04/2009

States Want Legalized Gambling, Sports Betting Now

With the recession and individual states hurting for ways to make money, over the next several months right into 2010 we will be reading a lot here at about states wanting to get in

Submitted by C Costigan on, Aug/04/2009

Prospect of Gambling Coming to A.C. Impacts Staten Island

According to a report filed by Staten Island Live, D.A. Daniel Donovan (above)is not thrilled with the prospect of legal sports betting coming to Atlantic City Casinos.

Submitted by Guest on, Aug/03/2009

More Banking Woes: Fake ATM Machines in Vegas

Computer security experts of all types--from hackers, crackers, and phreaks to security researchers and law enforcement officials--descended on Las Vegas last week for the annual Submitted by Guest on, Aug/03/2009

William Hill Profits Likely Down Over Last Year

William Hill, the United Kingdom's second largest bookmaker, is expected to announce interim results on Tuesday.

Analysts believe that profits at both William Hill and rival Ladbrokes (scheduled to announce results itself on Thursday) will be down over last year.  This is due to bad weather causing a number of race meeting cancellations during the month of March.  Likewise there were few surprises with May's football results.

Analysts' concensus sees pre-tax profits of £133m for William Hill.

Submitted by Jagajeet Chiba on, Aug/02/2009

Football Handicapping Seminar in Vegas to Feature Woo Senior International Correspondent, the uber popular Jenny Woo, will be appearing at this month's third consecutive Vegas Insider Football Handicapping Seminar.

"We are very excited that Jenny Woo will be joining us for our third consecutive football handicapping seminar at Red Rock, which includes a golf tournament on Friday, August 21st and a poker tournament on Saturday, August 22nd." - Peter Gold Executive Vice President & General Manager of, Inc.

Submitted by Guest on, Aug/02/2009

Wynn Resorts' 2Q Profit Plunges but Beats Forecast

LAS VEGAS - (Associated Press) - Lower gambling revenue and continuing costs of opening its newest casino, Encore at Wynn Las Vegas, punished Wynn Resorts Ltd., but the 91 percent drop in profit it

Submitted by Guest on, Jul/31/2009

MGM Refocuses on Macau

(Bloomberg) -- MGM Mirage, with the smallest casino market share in Macau, said it's overhauling operations and marketing at its venture in the city to boost the company's revenue

Submitted by Guest on, Jul/31/2009

Playtech Boss Dating Leonardo DiCaprio Ex

Bar Rafaeli, former girlfriend of Leonardo DiCaprio, is now reportedly dating Teddy Sagi.  He is the founder of online gambling software firm. Playtech, and the 30th richest man in Israel according to Forbes Magazine.   She is among the hottest models in Israel and appeared on the cover of the 2009 Sports Illustrated Swimsuit issue.

Submitted by Jordan Bach on, Jul/30/2009

Stations Casino Files for Bankruptcy


Las Vegas-based Station Casinos Inc. filed for bankruptcy protection Tuesday, making it the latest casualty in the recession-wracked gambling industry.

Submitted by Guest on, Jul/29/2009

William Hill Prepares for Tax Fight, Move Off Shore

William Hill is understood to be ready to move its online sports and phone betting operations offshore within the next few weeks.

The betting giant already has a division based in Gibraltar for its online gaming operations and recently moved about 90 staff there and to its other offices in Malta, Israel, Bulgaria and the Philippines as it positions itself for the international market.

A company source said any plans to move to an offshore location would be determined by company strategy rather than tax reasons.

Submitted by Guest on, Jul/23/2009

Bill Would Tax Costa Rica Based Online Gambling Sites

Every few years the Costa Rican government comes up with a novel plan to either tax or license online gambling firms operating in that Central American nation.  Each time, the attempt has failed.

Submitted by C Costigan on, Jul/23/2009

R.I.P. We Hardly Knew Ya

So much for the controversy involving pirated music download company,, claiming it can operate freely from the Caribbean nation of Antigua without reprecussions.  They suspended operatio

Submitted by C Costigan on, Jul/22/2009

Playtech Warning Hits William Hill

Gaming stocks are taking a pasting after a gloomy update from Playtech, which supplies software to the gambling industry.

Playtech's shares have slumped 93p to 359.25p - a 20% decline - as it said it expected full year earnings to be lower than expected. It said this was partly due to the general economic weakness, but in particular to a slower than expected start for its online betting joint venture with William Hill. Playtech took a 29% stake in the business last October.

Submitted by Guest on, Jul/21/2009

PartyGaming Buys Rival

PARTYGAMING yesterday confirmed that it has clinched a £100m deal for the owner of bingo website, Cashcade.

Submitted by Guest on, Jul/20/2009 Record Industry Pirating Result of UIGEA

Here is an interesting spin on the current state of the record industry and pirating downloads.

Submitted by Jagajeet Chiba on, Jul/16/2009

Woo Interviews Harrah’s Interactive Entertainment CEO Mitch Garber

I recently had an opportunity to sit down with the CEO of Harrah's new division, Harrah's Interactive Entertainment.  His name is Mitch Garber and if the name rings a bell, it probably should.  F

Submitted by C Costigan on, Jul/15/2009

Mitch Garber: Harrah’s Won’t Make Same Mistakes MGM Made Online

In an interview to be published on the website Wednesday, Harrah's Interactive Entertainment's new CEO, Mitch Garber, reassured that his company's move into the European online gamb

Submitted by Guest on, Jul/14/2009

Aristocrat Leisure Appoints New Executive Team

Gaming machine maker Aristocrat Leisure has announced a new executive team, and the retirement of two current senior executives.

Submitted by Guest on, Jul/13/2009

World Poker Tour Up For Sale Reports Wall Street Journal

The Wall Street Journal on Monday featured a story that claimed "It was a good bet that the World Poker Tour is up for Sale". 

Submitted by Guest on, Jul/13/2009

New Jersey Economy Can Be Helped by Sports Betting

The state of New Jersey desperately needs a boost to help its troubled economy... and so too does its Governor, Jon Corzine.

Submitted by Jagajeet Chiba on, Jul/13/2009

Odds Look Good For Gamblers

Javier Espinoza,

LONDON -- Despite warmer weather and tough economic conditions, sofa spuds are still playing high rollers in virtual casinos. On Thursday online gaming firm PartyGaming, reportedly a takeover target of Nasdaq-listed rival Gigamedia, saw a jump in shares as much a 7% after it said trading in the second quarter has been robust with revenues in line with the first quarter.

Submitted by Guest on, Jul/12/2009

British Open Betting a Cure for the Recession Blues?

The British Open ranks as the most bet on event in the United Kingdom.  The popular golf tournament begins Thursday July 16.

Submitted by Don Shapiro on, Jul/09/2009

Centrebet Expects Strong Growth in Coming Year

Teresa Ooi, The Australian

Submitted by Guest on, Jul/07/2009

Paddy Power One Step Closer to Entering US Market

The Irish Examiner reported Tuesday that Ireland's biggest - and the United Kingdom's third largest - bookmaker, Paddy Power, is now poised to enter the lucrative U.S.

Submitted by C Costigan on, Jul/07/2009

NordicBet to Partner with Ivobank

Norway's most popular Internet-based gaming site,, announced today that it is partnering with UK-based Ivoban

Smallest Starting Day Since 2003 for a WSOP Event

Has the recession hit the 2009 World Series of Poker?  It sure seemed that was the case after Saturday's starting field attracted the smallest number of participants since 2003. 

873 players took to the table including the likes of friend Doyle Brunson, Amarillo Slim, Greg Raymer, Chris Moneymaker and Chris Ferguson.  That number still surpasses the total who played in 2003, which was 839.  This was also the year that Chris Moneymaker won and helped to kick start today's poker craze.  The following year attracted 2576 players. 

Submitted by C Costigan on, Jul/05/2009

Gambling Stocks: The Good During This Recession

Alan Farley of the this week profiled four gambling stocks.

Submitted by Jagajeet Chiba on, Jul/01/2009

Goodbye Guy, Hello Obama? Goodbye Full Tilt Poker

Guy Laliberte, founder of billion dollar entertainment company Cirque du Soleil has disappeared off the Full Tilt radar.

Submitted by Guest on, Jun/29/2009

Breaking News

James Woods Twitter Account Inaccessible

Conservative Hollywood actor and professional poker player James Woods cannot access his Twitter company after the social media firm locked him out until he opts to remove a meme he posted back in July that has since proven to be a hoax.

Casumo Online Casino Review

Casumo Online Casino Review

Our friends at have released their review of the Casumo online casino.  This one, in fact, has just cracked their top 3 live dealer casino brands.

Sportsbook Software in Michigan for UFC 229

Pay Per Head software will be in high demand in the state of Michigan ahead of the marqee UFC 229 fight between Conor McGregor and Khabib Nurmagomedov.