Business & Financial

Red-Faced Reuters Says ‘Ignore Alert on SHFL’: Shares Still Surge

Shares in gaming device manufacturer SHFL surged following news of its acquisition by Bally Technologies.

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Reuters News agency was later forced to put out a notice Wednesday advising readers to ignore an overnight warning regarding the potential negatives of this deal, claiming said report was issued off a press release from an unrelated law firm, Robbins Arroyo LLP.

Submitted by Aaron Goldstein on, Jul/17/2013

Bally Technologies Buys SHFL Entertainment

LAS VEGAS (Associated Press) — Bally Technologies said Tuesday that it has agreed to buy fellow gambling equipment maker SHFL Entertainment for about $1.3 billion in cash.

SHFL shares shot up up 21.6% in trading on Tuesday, and Bally's shares were up 6.3%.

Bally says the addition of SHFL will complement its existing product portfolio, while also providing new access to land-based and online table games markets around the world.

Submitted by Associated Press on, Jul/16/2013

Total Gambling Revenue Flat for Pennsylvania

PHILADELPHIA (Associated Press) — Total gambling revenue at the state's 11 casinos was flat for the fiscal year that just ended, but gross revenue from table games grew 7.4 percent on the strength of continued strong growth at the Sands Casino Resort Bethlehem and the first full year of play at Valley Forge Casino Resort, according to annual figures released by state regulators Tuesday.

Submitted by Associated Press on, Jul/16/2013

Full Tilt Poker Casino Games, C$1 Million Guaranteed at Montreal Festival

Full Tilt Poker has confirmed it will be expanding into online casino games.

Full Tilt Poker, owned by the Rational Group and a sister site of PokerStars, issued a statement to PokerFuse.com Tuesday.

Submitted by Ace King on, Jul/16/2013

Lock Poker News Gets Nearly 7000 Likes in Under 12 Hours

News that Lock Poker had gotten its Neteller payouts caught up almost completely had many in the Facebook community ecstatic.

Submitted by Payton on, Jul/14/2013

Bookie Service: 2013 NFL, College Football Season

What’s the best bookie service for the upcoming 2013 NFL, College Football season?   We have three Gambling911.com endorsed bookie services with reviews below.

PayPerHead.com (1-888-978-0288) is endorsed by none other than Johnny Sack of “The Sopranos” fame.

Packages include the following:

BASIC

$5/month, 24/7/365 online wagering, Bet on 80+ leagues, Online support

STANDARD

Submitted by C Costigan on, Jul/13/2013

Bitcoin Mining vs. Litecoin Search Interest Betting Odds

Bitcoin mining vs. Litecoin search interest betting odds have been released by the brand new Bitcoin betting exchange Predictious

BetOnline

Submitted by Aaron Goldstein on, Jul/13/2013

Lock Poker Neteller Payouts Mostly Caught Up: Under 10 Day Payouts for Some

(Gambling911.com Facebook Update) - Lock Poker, plagued by payment processing complications from past months, appears to see progress with an ample amount of payouts caught up on the international front.

Documented cases of Neteller payments over 2 months are no longer on record as of July 12, a tracking statistician using the handle of “IHasToNut” communicated via his dedicated posting forum at TwoPlusTwo.

Submitted by Sparky Collins on, Jul/13/2013

Lumia 1020 vs. Samsung Galaxy S4 Search Interest Betting Odds Released

The new Bitcoin prediction market website, Predictioius.com, has released betting odds on the new Lumia 1020 vs. Samsung Galaxy S4 search interest on July 20, 2013.

Early pricing had Lumia as a “buy” at 5.20 and Samsung as a “sell” at 4.80.

Submitted by Aaron Goldstein on, Jul/13/2013

Kevin Costner Asking $14 Million for Deadwood Casino

DEADWOOD, S.D. (Associated Press) — Hollywood actor Kevin Costner is asking $14 million for 1,000 acres of land he owns near the Old West gambling town of Deadwood in western South Dakota's Black Hills.

The property includes the site of the ill-fated Dunbar casino resort, a $100 million project that would have included a golf course and a steam-powered passenger train. It never materialized.

Submitted by Associated Press on, Jul/12/2013

Predictious Bitcoin Online Prediction Market Unveiled

Welcome Predictious.com as the newest online gambling website and like none other that exist today.  Not only does the site promise to be a step up from now defunct intrade.com, Predictious.com will also be accepting the digital currency Bitcoin (note that credit cards can also be used). 

The new site is slated to debut this coming Thursday July 9, 2013. 

Submitted by Aaron Goldstein on, Jul/11/2013

Ultimate Poker Successful Completes Field Trial

LAS VEGAS, NV - Ultimate Gaming, a majority-owned subsidiary of Station Casinos LLC, has successfully completed the field trial for Ultimate Poker, receiving recommendation for approval from the Nevada Gaming Control Board to continue offering real money online poker at UltimatePoker.com.

Submitted by Press Release on, Jul/11/2013

Nevada Gambling Revenue Up, Zynga Rises

(Associated Press) - The state Gaming Control Board reports Nevada casinos won $897.3 million in May, posting a 1.37 percent increase from the same month a year ago.

The May winnings pushed the fiscal year-to-date total to more than $10 billion, 2.4 percent more than last year.

Taxes collected on the May win totaled $57.5 million, an increase of 10.9 percent.

The Las Vegas Strip posted a 6.4 percent monthly gain over May a year ago and is now 5 percent ahead of 2012.

Casino winnings in Reno jumped 9.8 percent.

Submitted by Associated Press on, Jul/11/2013

Bwin.party Lower Margins in Sports Betting Hit Q2

The second quarter of 2013 for Bwin.party was mired by lower margins in sports betting, the City reported on Wednesday.

Bwin is dealing with a turnover tax on sports betting in Germany, its largest market, and competition in the bingo sector in Britain and Italy, according to the City.

 “While the revenue performance was down on last year, we remain on course to deliver the targeted €70m (£60m) of cost savings in 2013 with more to follow in 2014,” chief executive Norbert Teufelberger said in a statement.

Submitted by Aaron Goldstein on, Jul/10/2013

Atlantic City has Worst Year Ever

ATLANTIC CITY – (Associated Press) - This year is shaping up to be the worst for the Atlantic City casino industry in the last 22 years.

Figures released Wednesday by the state Division of Gaming Enforcement show the city's 12 casinos are on a pace that would see them take in less than $3 billion from gamblers for the first time since 1991.

For the first six months of the year, the casinos won $1.38 billion, down 10.7 percent from the same period last year.

Submitted by Associated Press on, Jul/10/2013

Caesars Shares Up Due to Online Gambling Spinoffs

Caesars Entertainment Corp (CZR) has gained 13 percent to $15.94 Wednesday after announcing it plans to offer about $1.18 billion in stock in its expansive US-based online gambling business.  The company has more than doubled this year.

The company plans to offer a real money platform for its WSOP.com website and last week partnered up with its four Atlantic City properties to begin offering real money Web gambling to residents of New Jersey.

Submitted by Aaron Goldstein on, Jul/10/2013

Zynga Unveils Real Money Gambling Apps for Facebook

Zynga was in the process of unveiling its real money gambling apps during a conference in Barcelona, Spain.

From ValueWalk.com:

Submitted by Aaron Goldstein on, Jul/10/2013

Paddy Power to Offer Real Money Sports Betting on Facebook

The UK’s third largest bookmaker, Paddy Power, has announced it will be offering real money sports betting on Facebook.

The news broke early Wednesday with beta testing currently in progress.  The new platform was developed by Paddy Power’s team out of Bulgaria.

Submitted by Aaron Goldstein on, Jul/10/2013

Americas Cardroom to Unveil Cutting Edge Software: Fastest Paying Online Poker Room

North America’s fastest paying online poker room, Americas Cardroom, is about to take it to the next level.

ACR has long been praised for its fast payouts and aggressive promotions including the first ever progressive rake race and, how can we forget THE BEAST?

The biggest criticism lodged against Americas Cardroom – Its software can at times be clunky.

Submitted by Patrick Flanigan on, Jul/09/2013

MGM Funds Pro Casino Group in Massachusetts

BOSTON — (Associated Press) - MGM Resorts International, which hopes to build a resort casino in Springfield, spent nearly $1 million over a six-week period in an effort to convince voters to back a July 16 referendum on the proposal, according to campaign finance records.

The leader of a group opposing the casino said it has spent little and is relying on grassroots efforts to get its message across.

Submitted by Associated Press on, Jul/09/2013

Phil Ivey Inks Deal With California Tribal Casino Online Poker Room

PokerFuse.com is reporting that poker pro Phil Ivey has entered into a deal to act as front man for the Pala band of Mission Indians new online poker room.

Submitted by Ace King on, Jul/09/2013

Italy Online Poker Future is Bleak

For a time, Italy had become one of the most lucrative online poker epicenters with its population just shy of 60 million.

Submitted by Gilbert Horowitz on, Jul/09/2013

Steve Wynn on Conclusion of Investigation: ‘Only Damn Newspapers Cared’

US federal investigators are now through looking at a US$135 million donation given to a university in Macau by casino giant Wynn Resorts. 

The Securities and Exchange Commission concluded Wynn Resorts, which has a casino in the gambling enclave of Macau, did nothing wrong and will not be perusing enforcement action.

“We were so sanguine that we never paid any attention to it; we had no exposure. It was a non event except for the damn newspapers,'' CEO Steve Wynn said.

Submitted by Aaron Goldstein on, Jul/09/2013

World Series of Poker Day 1C Likely Record Breaker for Single Day Entries

Today marks the final starting flight of the 2013 World Series of Poker Main Event, and already the record for the largest one-day Main Event field in history (3,418 players) looks to be in jeopardy. Earlier today, Ty Stewart of the WSOP tweeted that there were already 3,000 players registered for the third and final starting day, and this was three and a half hours prior to play starting and eight hours before registration closes.

Submitted by Press Release on, Jul/08/2013

Dragon’s Tale Multiplayer Role-Playing Bitcoin Casino Finally Launches in Beta (Video)

The folks at eGenius have launched a new Bitcoin online casino called “Dragon’s Tale”, billed as the “first ever massively multiplayer role-playing online casino”.

This is a 3D platform featuring a collection of mini-games that will begin beta testing on July 12.

Submitted by Aaron Goldstein on, Jul/08/2013

Macau Remakes Gambling Landscape

(Associated Press) Most people still think the U.S. gambling industry is anchored in Las Vegas, with its booming Strip and 24/7 action, a place where years of alluring marketing campaigns have helped scrub away the taint of past corruption.

Submitted by Associated Press on, Jul/08/2013

‘Closeted Skeletons’ Complicate Legalization of Online Gambling in US

Joshua Brustein of BusinessWeek.com wrote an article Monday dealing with what he calls the “closeted skeletons” getting in the way of online gambling legalization in the US.

Submitted by Ace King on, Jul/08/2013

PokerStars New Security Measure Implemented

SMS Validation will protect the security of PokerStars player accounts

ONCHAN, ISLE OF MAN –PokerStars is pleased to announce ‘SMS Validation’, a new feature in the software to protect the security of PokerStars player accounts. The new feature is designed to reduce the vulnerability of player accounts to unauthorised hackers.

Submitted by Press Release on, Jul/08/2013

Free to Play Online Poker: Ivey Poker Facebook App Review

When it comes to free to play online poker websites, none are likely to come close to the new Ivey Poker, which recently launched on Facebook.

Submitted by Nagesh Rath on, Jul/07/2013

World Series of Poker Real Money Online Poker Site to be Up by Late Summer

Caesars Interactive Entertainment CEO Mitch Garber is a busy man these days.

Submitted by Patrick Flanigan on, Jul/05/2013

Breaking News

Online Gambling Observers Pay Close Attention to PA Spending Plan

Democratic Gov. Tom Wolf and the Senate's top Democrat and Republican are cool to a budget plan being assembled by the House GOP majority.

Intertops Suspends Bitcoin Deposit, Withdrawal Option

Antigua-based Intertops has advised its customers they will no longer be offering Bitcoin, the anonymous digital currency, as a payment processing option.

Odds on Trump Still 3-1 Despite Diminishing Poll Numbers

Gambling911.com has your latest US Presidential betting news with updated odds on Clinton vs. Trump.