Business & Financial

Pitbull Poker Owners Arrested

If you have been following Gambling911.com over the last 24 hours, you would know that the online poker room Pitbull Poker had shut its doors with what appears to be zero intention of payin

Submitted by C Costigan on, Oct/01/2009

US Government Signs Pact with Internet Domain Body

* Pact draws praise from lawmakers companies, governments

* ICANN will be subject to periodic reviews

Submitted by C Costigan on, Sep/30/2009

Online Poker: Pitbull Poker Shuts Down

Struggling online poker room Pitbull Poker has shut its doors according to reports across the Net on Wednesday.   The company has been embroiled in

Submitted by C Costigan on, Sep/30/2009

Sport Match Fixing Big Concern With Bookies Offshore Move

RGA boss Clive Hawkswood told eGaming Review Magazine that the claims by some in the UK press that British sport faces an increased threat of match-fixin

Submitted by Jagajeet Chiba on, Sep/30/2009

888.com Looks to South Africa

Online gambling group, 888.com, is looking to capture the lucrative South Africa market through its Dragonfish division.  A joint venture with South Africa's Tsogo Sun Gaming Group and will help t

Submitted by Jagajeet Chiba on, Sep/28/2009

World Poker Exchange Averaged 35 Players Last Week?

The average "real cash" players at PokerStars this past week:  25400.

The average "real cash" players at the World Poker Exchange this past week:  35

Submitted by C Costigan on, Sep/21/2009

Macau Seedy Casino Industry a Goldmine

In an article published by the Sydney Morning Herald Tuesday morning, it is revealed how Macau's casino industry has flourished despite a worldwide economic crisis.  Gaming revenue has roared abov

Submitted by Jagajeet Chiba on, Sep/21/2009

Wynn Seeks $1.63 Billion for Macau

(Bloomberg) -- Wynn Resorts Ltd.

Submitted by Guest on, Sep/20/2009

State Economy Gets Boost From Sports Betting

The state of Delaware reports revenue of $257,870 their first week of offering legalized sports betting, and this is at the reduced exposure originally intended due to pending lawsuits.

Submitted by Jagajeet Chiba on, Sep/20/2009

Is Harrah’s Buying Planet Hollywood?

The Las Vegas Review Journal is reporting that Harrah's is buying Planet Hollywood, or at least its debt.   Analysts, however, believe that this move could be the precursor to Harrah's outright p

Submitted by Jagajeet Chiba on, Sep/15/2009

IAS Becomes Part of Paddy Power

A meeting of shareholders in betting company International All Sports yesterday approved a takeover offer from rival Sportsbet and its majority owner, Ireland's Paddy Power.

Submitted by Guest on, Sep/14/2009

888.com Enters Into Deal With Harrah’s

Sept. 11 (Bloomberg) -- 888 Holdings Plc rose the most since May in London trading after signing a contract with a unit of Harrah's Entertainment Inc.

Submitted by Guest on, Sep/11/2009

Can’t Bet Canbet Closes Accounts Over Shared Environments

Many people bet from the same household, dormitory, Internet café, office.  The online gambling website, Canbet.com, may have gone over the top recently when it comes to these so-called "sha

Submitted by Jagajeet Chiba on, Sep/10/2009

Online Sportsbooks Have Edge Over Vegas

Here's one advantage the offshore books have over those on the Strip: They can post odds on anything they want to.

Submitted by Guest on, Sep/08/2009

Online Gambling Bank to Shut Down?

eGaming Review Magazine is reporting that Ivobank, which deals exclusively with the online gambling sector in Europe, has begun refusing new customers amid

Submitted by C Costigan on, Sep/08/2009

Packer May Target U.S. Casino Assets, Citigroup Says

Sept. 8 (Bloomberg) -- Australian billionaire James Packer may seek new U.S.

Submitted by Guest on, Sep/08/2009

Luck Runs Out on Vegas Boom

Michael A. Hiltzik and Ashley Powers, Los Angeles Times Staff Writers

Submitted by Guest on, Sep/08/2009

Bwin Shares Rise With Move Into Italy

VIENNA, Sept 7 (Reuters) - Austrian Internet betting and gambling operator bwin's plans to raise its market share in the Italian online poker market with an acquisition was cheered by analysts and

Submitted by Guest on, Sep/08/2009

College Football Betting: Bookies Make Out Like Bandits

In what was arguably the best showing for online bookmakers and the Vegas shops of any College Football season opener, the public lost nearly every game this past weekend.   The carnage was enoug

Submitted by C Costigan on, Sep/07/2009

William Hill Joint Venture Back on Track

By Roger Blitz, Financial Times of London

Submitted by Guest on, Sep/04/2009

Playtech posts 33% rise in H1 EBITDA

LONDON (SHARECAST) - Online gaming technology developer Playtech reported a 33% increase in half year EBITDA as it increases its dividend for the period by 17%.

Submitted by Guest on, Sep/03/2009

Smart Live Affiliates No More As They Cut Off Relationship

Yet another online gambling affiliate program has cut ties with its affiliate partners and Gambling911.com now fears this will turn into a growing trend unless there is a cohesive effort to stop th

Submitted by Jagajeet Chiba on, Sep/01/2009

Daniel Tzvetkoff Running Payovation?

Fresh off his stint scamming numerous online gambling companies, Gambling911.com is now learning that Daniel Tzvetkoff is reportedly running a new online payment solutions company, Payovation.

Submitted by C Costigan on, Aug/31/2009

Online Gambling: Daniel Tzvetkoff Back in Business?

TALK abounds that fallen youthful internet king Daniel Tzvetkoff may be back in business.

Submitted by Guest on, Aug/31/2009

PartyGaming Claims US Legal Issues Gave It Advantage

PartyGaming's settlement of its US liabilities has given it an advantage over rivals in the consolidation of the online gambling market, according to Jim Ryan, chief executive.

The operator of PartyPoker followed up its $105m (£64.4m) settlement with the US Department of Justice in April with a £72m cash purchase in July of online bingo website Cashcade from Independent News & Media, beating a bid from 888. It paid £12.3m for the World Poker Tour.

Submitted by Guest on, Aug/30/2009

PartyGaming First Year Revenues Drop

LONDON (Reuters) - Online gambling group PartyGaming (PRTY.L: Quote, Profile, Research) said first-half revenue fell a fifth due to adverse currency movements, competitive pressures and the consume

Submitted by Guest on, Aug/28/2009

PokerStars - Revision

ISLE OF MAN, UK, AUGUST 26, 2009 - A number of recent commentaries have included estimates about our market share in the US which are significantly wrong.

Submitted by Guest on, Aug/26/2009

PKR Poker Affiliates Fear The Worst

I run the media, publicity and portal development company, Media Man

Submitted by Guest on, Aug/26/2009

Canada to Offer Legal Online Casino Gambling

The British Columbia Lottery Corporation will begin offering its residents a range of online games including blackjack, roulette and poker, via PlayNow.com

Submitted by Jagajeet Chiba on, Aug/25/2009

Over 30 Microgaming Online Poker Skins Liquidated

Online gambling and poker software company, Microgaming, once had a stellar reputation.  They are still a respected firm for the most part, but this year has been especially tough on the group beg

Submitted by C Costigan on, Aug/24/2009

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