Business & Financial

Republican Mega Donor Sheldon Adelson Caught Up in ‘Bribe’ Scandal

Republican Mega Donor Sheldon Adelson Caught Up in ‘Bribe’ Scandal
Auditors at Las Vegas Sands Corp. admitted "there were likely violations" of the Foreign Corrupt Practices Act as it regards to bribery...

Countdown to the Vote: IGT Power Struggle Comes to Head Tuesday

Countdown to the Vote: IGT Power Struggle Comes to Head Tuesday
A much talked about proxy battle at the world’s largest slots manufacturer will come to a head on Tuesday.

Sands Says It May Have Violated Law Prohibiting Bribes

Sands Says It May Have Violated Law Prohibiting Bribes
Las Vegas Sands Corp. says in a regulatory filing that it probably violated a federal law that prohibits bribing foreign officials.

Moody's: Legalized Online Gambling in New Jersey a Boost to Casinos

Moody's: Legalized Online Gambling in New Jersey a Boost to Casinos
Moody’s Investors Service on Thursday said legalization of Internet gaming in New Jersey is credit positive for the Atlantic City casino industry.

Casino Poker Rooms Closing as Online Crazy Subsides

Casino Poker Rooms Closing as Online Crazy Subsides
The Tropicana hoped to step back into the big leagues when it opened its poker room in the heart of the Las Vegas Strip, touting it as the coolest in town.

Source Close to IGT Proxy Fight Gives Skinny on Tuesday’s Critical Vote

Source Close to IGT Proxy Fight Gives Skinny on Tuesday’s Critical Vote
Gambing911.com Senior International Correspondent Jenny Woo had an opportunity Friday to speak to someone intimately close to the IGT power struggle that will culminate on Tuesday.

Revolution Poker Launches Fair Play Technology, Lock Lifts Player Segregation

Revolution Poker Launches Fair Play Technology, Lock Lifts Player Segregation
Revolution Poker Network, has just launched Fair Play technology.

William Hill Buys Out Online Partner Playtech

William Hill Buys Out Online Partner Playtech
William Hill is to pay 424 million pounds ($643 million) for full control of its online business, marking an acceleration of the expansion of Britain's largest bookmaker.

US States Race to Capture Online Gambling Bonanza

US States Race to Capture Online Gambling Bonanza
New Jersey Governor Chris Christie this week finally approved online gaming in the Garden State.

Bitcoin ‘Best Performing Currency Year-to-Date’

Bitcoin ‘Best Performing Currency Year-to-Date’
Bitcoin, used by a small number of online casino operators, is being touted as the “best performing currency year-to-day” according to Tyler Durden of ZeroHedge.com. 

Girls Gone Wild Goes Bankrupt in Wake of Wynn-Francis Lawsuit

Girls Gone Wild Goes Bankrupt in Wake of Wynn-Francis Lawsuit
“Girls Gone Wild” filed for bankruptcy protection citing $16 million in debts, according to court papers obtained by Reuters on Thursday.

Analyst Paints Rosey Outlook for Zynga

Analyst Paints Rosey Outlook for Zynga
Joseph Stauff of Susquehanna Financial Group believes the “sky is the limit for Zynga” in the wake of a third state this week legalizing “real money” online gambling.

Atlantic City Casino Shares Up on NJ Internet Gambling News

Atlantic City Casino Shares Up on NJ Internet Gambling News
The legalization of online gambling in New Jersey gave a boost to shares of Caesars Entertainment Corp and Boyd Gaming Corp...

Gambling Companies, Zynga Shares Get Boost With Christie Decision

Gambling Companies, Zynga Shares Get Boost With Christie Decision
New Jersey Governor Chris Christie signing a bill that would legalize online gambling in the state gave publicly traded casino and bookmakers a much needed boost.

Chris Christie on Legalizing Web Poker: ‘A Critical Decision’

Chris Christie on Legalizing Web Poker: ‘A Critical Decision’
Speaking to John Brennan of NorthJersey.com Tuesday, New Jersey Governor Chris Christie had this to say: “This was a critical decision, and one that I did not make lightly."

More IGT Talent Jumping Ship: Competition Snatching Them Up

More IGT Talent Jumping Ship:  Competition Snatching Them Up
Last week, Gambling911.com and other media outlets reported on how IGT continued to lose some of its best talent over the past year.

Zynga Will Bring Online Gambling to the Masses, CEO Claims

Zynga Will Bring Online Gambling to the Masses, CEO Claims

Zynga Shares May Gain Further Momentum as Christie to Sign Web Gambling Bill

Zynga Shares May Gain Further Momentum as Christie to Sign Web Gambling Bill
Zynga shares rise 15 percent Monday.

Something Fishy: Lock Poker Partitions Players for Improved Ecology

Something Fishy:  Lock Poker Partitions for Improved Ecology
Lock Poker is the latest online site to begin partitioning (or segregating) players and improving the so-called "fish vs. shark" ratio. 

Slots vs. Online Gambling Focus of IGT Proxy Battle: Comes to Head March 5

Slots vs. Online Gambling Focus of IGT Proxy Battle:  Comes to Head March 5
A March 5 annual meeting will determine the fate of the world’s largest slot manufacture’s board.

Ladbrokes Gaining Ground in Online Gambling

Ladbrokes Gaining Ground in Online Gambling
Ladbrokes, Britain's second-largest bookmaker, expects to see payback this year from a 50 million pound ($77 million investment in an online business.

IGT’s Best Talent Have Been Jumping Ship: Endorse Ader Move

IGT’s Best Talent Have Been Jumping Ship:  Endorse Ader Move
With the turmoil at IGT, some of that company’s best talent have decided to walk away.

PokerStars to Open Macau’s Largest Branded Poker Room at City of Dreams

PokerStars to Open Macau’s Largest Branded Poker Room at City of Dreams
PokerStars will launch a branded live poker room at City of Dreams, one of Asia’s leading integrated entertainment resorts .

IGT Urged to Commence 'Dutch Auction' Tender Offer

IGT Urged to Commence 'Dutch Auction' Tender Offer
Orange Capital, LLC (“Orange Capital”), a New York-based investment firm, has issued a second open letter (text below) to the Board of Directors of International Game Technology...

The Plane Truth: IGT CEO Appeared to Use Company Jet for Private Use

The Plane Truth:  IGT CEO Appeared to Use Company Jet for Private Use
In Grave Turmoil:  That’s not what IGT, the world’s largest slots manufacturer, stands for, but it may as well be.
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