Gambling Companies

Gambling Companies, Gambling Stocks

Judge Puts Revel Casino Deal on Hold

(Reuters) - A federal judge in New Jersey on Sunday called a temporary halt to the pending sale of bankrupt Revel Casino in Atlantic City and scheduled a hearing on Monday on a motion to block some of the terms of the $94.5 million deal.

U.S. District Court Judge Jerome B. Simandle ordered an emergency hearing for 3 p.m. in the proposed sale of the property to Florida developer Glen Straub, who could lose his $10 million deposit if the deal does not close by Monday's deadline.

Submitted by Reuters on, Feb/08/2015

US Military Veteran Hopes to Take ReverseFantasyFootball, DraftDawgs to Next Level

EAST WINDSOR, NJ – With the conclusion of the 2014 NFL season the fantasy sports market has without a question of a doubt enjoyed its largest season.  The unprecedented popularity of weekly fantasy leagues offering cash prizes without season long commitments has been extraordinary - with many new sites joining the fray at the start of this past football season. 

Submitted by Tyrone Black on, Feb/06/2015

PlayMLF.com Daily Fantasy Sports Site Movin’ On Up: DraftKings Gets Warriors

Daily fantasy sports firms continue to expand with the explosive popularity of the sector in recent months.  PlayMLF.com just announced via their Twitter account, they too are in need of improved office space.

Submitted by Nagesh Rath on, Feb/05/2015

Gary Loveman to Step Down as Caesars CEO

LAS VEGAS (Associated Press) — Caesars Entertainment Corp. chief executive Gary Loveman announced Wednesday he will hand the reigns of the casino-hotel empire to former Hertz rental car CEO Mark Frissora, effective July 1.

Submitted by Associated Press on, Feb/05/2015

Vulcun Announces the Largest League of Legends Fantasy Prize: $1 Million

In business for just over a month now and kicking off with a $250000 prize pool, Vulcun will now be offering a $1 million prize for the upcoming League of Legends League Championship Series (LCS). 

Submitted by Aaron Goldstein on, Feb/02/2015

Almost $116 Million Bet on Super Bowl 49 in Nevada: 2nd Biggest Handle Ever

Nearly $116 million was bet on Super Bowl 49 in Nevada, the only U.S. state to legally allow sports betting.  The game between New England and Seattle failed to break last year’s record of $119 million however.

Submitted by Aaron Goldstein on, Feb/02/2015

Get Something for Nothing with NoDepositCasino.org

When online gamblers are on the hunt for a new casino there are a couple of factors that come into play with no deposit bonus offerings at the top of the list. For the past two years,nodepositcasino.org (NDC) has focused on highlighting exactly what its name implies, no deposit casinos, and has developed a rather large following of online gambling enthusiasts that know how to get something for nothing.

Submitted by Payton on, Feb/02/2015

Fantasy Sports New Kid Sideleague.com has an App for You

CHICAGO -- Are you a fantasy sports player?

There's an app for that.

As more and more people play in fantasy sports leagues that they access via their mobile devices rather than their computers, the leagues are making it easier for them to do so.

Submitted by Thomas Somach on, Feb/02/2015

Nevada Casino Winnings Drop to $11 Billion in 2014

LAS VEGAS — (Associated Press) - Nevada's slow and steady gambling winning streak ended in 2014 with $11 billion captured behind casino cages, down 1.1 percent from a year ago.

The places where the winnings dropped or didn't is what interested David Schwartz, the director of the University of Nevada, Las Vegas' Center for Gaming Research.

The Las Vegas Strip's casinos were down 16.4 percent in December to $555 million and 2.1 percent for the year to $6.4 billion, according to Gaming Control Board statistics released Friday.

Submitted by Associated Press on, Jan/30/2015

4 Fantastic Games Available to Play at Grand Fortune Casino

Grand Fortune Casino is one of the leading RTG powered online casinos that accepts players from the US. Having recently launched a mobile casino counterpart, Grand Fortune continues to draw players who are looking for a great variety of casino games that are complemented with excellent bonus opportunities. We look at four different casino games that are available to play at Grand Fortune Casino.

Basketbull Slot

Submitted by Payton on, Jan/30/2015

What’s a Good Pay Per Head for Super Bowl 49

There will most certainly be a high demand for a solid Pay Per Head this Super Bowl 49 and RealBookies.com per head service should certainly be considered.  

Here is just some of what they have to offer:

Sign up and get four weeks FREE.

Only $10 Per Head (per player) weekly

Fully Customizable Software

Submitted by Guest on, Jan/28/2015

Defunct Revel Casino Gets Big Tax Break for 2015

ATLANTIC CITY, New Jersey — (Associated Press) - Revel has finally won something.  The former Atlantic City casino is getting a big tax break this year under a settlement it reached with the city and will see its property tax assessment for 2015 be reduced from $625 million to $225 million.

Submitted by Associated Press on, Jan/28/2015

Nitrogen Sports Bitcoin Book to Begin Accepting US Dollars

Nitrogen Sports is beginning to distinguish itself from one of those many fly-by-night “Bitcoin-only” books that have come and gone with the drop of a….well, the drop of the anonymous digital currency’s price.  A great number of these so-called sportsbooks existed only to take advantage of the dramatic swings in Bitcoin's price, benefitting from upward mobility.  Those days appear to be over.

Submitted by Aaron Goldstein on, Jan/28/2015

Bitcoin Will Explode to Beyond $1 Trillion

The anonymous digital currency known as Bitcoin is set to explode beyond $1 trillion, so says those famous Winklevoss twins.

Tyler and Cameron Winklevoss, best known for their legal battle with Facebook founder Mark Zuckerberg, are both major investors in the crypto currency.

Submitted by Aaron Goldstein on, Jan/27/2015

Paddy Power Funded FIFA Campaign in Jeopardy

LONDON — (Associated Press) - Even if David Ginola gains the nominations required by Thursday's deadline to stand against Sepp Blatter, his improbable bookmaker-funded campaign could be scuppered by FIFA's gambling rules.

Ginola's campaign is being organized by stunt-prone Irish bookmaker Paddy Power, which is paying the former France international 250,000 pounds ($375,000) to seek the FIFA presidency.

Submitted by Associated Press on, Jan/26/2015

FantasyAces.com Review – Featuring Ground Breaking SalaryPro Flex Salary Cap

Gambling911.com has your FantasyAces.com review including the pros and cons and what differentiates FantasyAces.com from the rest of the Daily Fantasy Sports pack.  You can visit their website here.

Submitted by Aaron Goldstein on, Jan/25/2015

FanWars.com Review – Daily Fantasy Sports Sites – Affiliate Program Review

Gambling911.com has your FanWars.com review where we point out the pros and cons of this site, which is gaining popularity amongst Fantasy players.  You can view their website here.  

Submitted by Aaron Goldstein on, Jan/25/2015

Fantasy Sports Site Maximum Fantasy Sports.com Offering Super Bowl Action

Gambling911.com intrepid reporter Thomas Somach reports that Daily Fantasy Sports site MaximumFantasySports.com will be offering Fantasy action on the Super Bowl.  While contests are illegal, pools are not.   Here’s Somach…

Gambling 911 recently reported how fantasy sports leagues won't be offering contests for the Super Bowl, because the Federal law that permits fantasy sports wagering stipulates it must be based on multiple games, and the Super Bowl is just one game, thus ineligible for fantasy.

Submitted by Thomas Somach on, Jan/22/2015

VICTIV.com Review – Daily Fantasy Sports

Gambling911.com, a site you have trusted since 1999 to bring you the latest news pertaining to the gaming and Fantasy Sports sector, has its VICTIV.com review.  This is one of the newest and cleanest of the Daily Fantasy Sports sites to emerge during the final months of 2014.  VICTIV.com, developed by Ruckus Gaming LLC, is based out of the epicenter of creativity in the United States: Austin, Texas.  The website can be found here.

Submitted by Payton on, Jan/20/2015

FanDuel Revenues Hit $37 Mil in 4th Qtr, Up From $7.4 Mil the Same Period Last Year

The world’s largest Fantasy sports site, FanDuel.com, has seen its revenues reach $37 million for the 4th quarter ending 2014.  That’s quite an increase from $7.4 million the same period last year.

Submitted by Aaron Goldstein on, Jan/20/2015

New Credit Card Code for Online Gambling in New Jersey Should Reduce Decline Rate

A new credit card code is set to be introduced for online gambling in New Jersey come Springtime, thus helping to reduce decline rates.

Reports suggest that the approval rate for Visa cards has been around 73% on average for Visa with a dismal 44% for Mastercard.  American Express does not allow transactions for online gambling at this time.

While online gambling is legal in New Jersey, many credit card issuing banks, including Wells Fargo, have refused to allow transactions for Web gambling due to federal legislation.

Submitted by Aaron Goldstein on, Jan/20/2015

William Hill Shares Sent Spiraling After Bookies Loses Millions

A series of Premiere League favorites winning this past weekend has cost bookmakers - including the UK’s largest, William Hill – millions of dollars.

BetOnline

Submitted by Aaron Goldstein on, Jan/20/2015

Super Bowl 2015 Not So Super For Fantasy Sports Leagues

According to the law, they can’t offer any Super Bowl action

The Super Bowl is annually the biggest betting day of the year for casino sportsbooks in Las Vegas.

More money will be wagered on that one game at the sportsbooks than any other sporting event of the year.

Submitted by Thomas Somach on, Jan/19/2015

The Future of Daily Fantasy Sports: FanDuel Going Public, No More Overlays, More

Takeaways from last week’s Fantasy Sports Trade Association Winter Conference were summed up on PartTimePoker.com with a special emphasis on the future of Daily Fantasy Sports courtesy of Eilers Research.

Submitted by Aaron Goldstein on, Jan/19/2015

Super Bowl 2015 Betting Early Action Results in Dramatic Line Movements

Carrie Stroup here with news regarding the Super Bowl 2015 early betting action, which has been brisk to say the least at Sportsbook.ag.

Submitted by Carrie Stroup on, Jan/19/2015

Paddy Power Pays Shampoo Spokes Model David Ginola to Run for FIFA President

The ever controversial Irish-based bookmaker Paddy Power is said to be paying David Ginola, a L’Oreal Shampoo spokes model, $380,000 to run for FIFA President.

Submitted by C Costigan on, Jan/16/2015

Bitcoin is 10 Percent of Americas Cardroom’s Business Right Now Reveals CEO

Americas Cardroom CEO Phil Nagy tells Gambling911.com, the anonymous digital currency Bitcoin has thus far impressed at his online poker business.

“Bitcoin is doing good for us,” he told G911 this week.  “It is 10 percent of our overall business right now.”

Submitted by Aaron Goldstein on, Jan/16/2015

Pay Per Head for the NFL Conference Championships

Looking for a Pay Per Head for the NFL Conference Championships, look no further than PayPerHeadAgents.com for all your outsourcing needs.

Submitted by Aaron Goldstein on, Jan/15/2015

Caesars Bankruptcy Filed Then Halted by Judge

Delaware/CHICAGO (Reuters) - The operating unit of Caesars Entertainment Corp, the largest U.S. casino company, filed for Chapter 11 bankruptcy in Chicago on Thursday to cut $10 billion of debt, but a Delaware judge intervened to halt the case before it got started. 

The unusual legal standoff marked the start of a more public phase of complex and contentious debt negotiations. Until now, the company's attempts to cut interest payments after years of red ink have been kept mostly private.

Submitted by Reuters on, Jan/15/2015

Atlantic City Loses Half Its Revenue Over Eight Years

ATLANTIC CITY, N.J. - (Associated Press) -- Atlantic City has lost nearly half its casino revenue over the past eight years as competition in nearby states cannibalized its market and drove four casinos out of business.

Figures released Wednesday by the New Jersey Division of Gaming Enforcement show the casinos took in $2.74 billion in 2014, or about what the industry brought in in 1988. That is down 48 percent from a high of $5.2 billion in 2006. The decline would have been greater without the $122 million that Internet gambling provided last year.

Submitted by Associated Press on, Jan/14/2015

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