Gambling Companies
Gambling Companies, Gambling Stocks
Online Gambling and World Peace: Bringing Rodman and Kim Together
The Sydney Morning Herald on Friday profiled former NBA star Dennis Rodman’s visits to North Korea and how online gambling – of all things – helped make it happen.
Casino Exec With Ties to Online Gambling Rejected as ‘Unsuitable’ by NV Gaming Board
A onetime executive of the Golden Nugget and Wynn Resorts in Las Vegas has lost his bid for a Nevada gambling license after regulators rejected his application.
Smooth Landing: Dennis Rodman Back in North Korea After Purging, Execution
Former NBA player Dennis Rodman has landed safely in North Korea along with a documentary film crew to help coach the rogue nation’s men’s basketball team.
Rodman, whose trip is being sponsored by Irish bookmaker Paddy Power, arrives just days after the execution of supreme leader Kim Jong-un's uncle, Jang Song-thaek.
Rodman was met at Pyongyang's airport by Vice Sports Minister Son Kwang Ho.
Bwin Sees World Cup Bringing Growth in 2014
LONDON – (Reuters) - Online gambling company Bwin.Party said on Wednesday the outlook for next year was positive thanks to betting on the soccer World Cup and growth prospects in the United States.
Trading in 11 weeks since the end of September 2013 has been in line with its expectations, the company said.
Bwin is focusing on fewer, better-regulated markets and is expanding in the United States, as gambling rules are relaxed in places like New Jersey.
Bankruptcy Bids Resume for Troubled Atlantic Club Casino
ATLANTIC CITY, N.J. – (Associated Press) - A bankruptcy auction of a struggling Atlantic City casino has resumed.
The second day of bidding for the Atlantic Club Casino Hotel got underway at 10 a.m. Wednesday.
Eleven hours of bidding Tuesday failed to produce a purchaser for the casino, which filed for Chapter 11 protection last month.
The casino was formerly known as the Atlantic City Hilton. It has struggled to compete with newer, larger casinos and with gambling halls popping up in neighboring states.
Genting to Spend $3-$4 Billion in Vegas
KUALA LUMPUR - (Reuters) - Genting Bhd, Southeast Asia's biggest gaming group, will spend an initial $3 billion to $4 billion to develop an unfinished resort on the Las Vegas strip, as it seeks to build a U.S. empire of casino and leisure assets.
The Malaysian company is seeking to expand in the United States as the world's largest economy starts to recover, and as various states relax restrictions ranging from casino licenses to online gambling.
Churchill Downs, Wynn, Station Casinos Gets Seats on AGA Board
The American Gaming Association (AGA) announced three new seats to its board on Tuesday. Among the new additions are Wynn Resorts, Station Casinos and Churchill Downs.
Station Casinos is behind the first ever licensed real money online poker site to operate from the US, Ultimate Poker. The company currently operates within both Nevada and New Jersey but does not permit customers to play beyond those respective state borders.
Internet Gaming Expo to be Held in Atlantic City, New Jersey January 25
The first ever Internet Gaming Expo will be held at the Atlantic City Convention Center January 25 (2013). The one-day event is being organized by iGamingPlayer.com.
91,000 Online Gambling Accounts Set Up in New Jersey After One Month
ATLANTIC CITY, N.J. (Associated Press) -- New Jersey casinos added 20,000 Internet gambling accounts last week.
The state's Gaming Enforcement Division said Monday that 91,531 accounts had been created as of Sunday. The number of individual gamblers who have played so far has yet to be determined, though, as some users have created accounts with multiple gambling websites in New Jersey.
Wynn Resorts Suitable to Open Casino in Massachusetts
(Associated Press) - The Massachusetts Gaming Commission's investigative unit has found Wynn Resorts suitable to open a resort casino in Everett.
The commission wasn't planning to take a final vote Monday, but the recommendation is another hurdle Wynn has cleared as it seeks to win the one eastern Massachusetts casino license allowed under the 2011 casino law.
The commendation comes after four commission members signed off on a revised real estate deal for the proposed casino.
PayPal Admits to Sharing Customer Info With Company Tied to UB Poker Scandal
According to PayPal's Privacy Policy, the popular payment company contracts Iovation to "retrieve risk information regarding the IP and device from which you are accessing PayPal [and] research and testing as to appropriateness of new products and services."
Texas Block’Em Removes Element of Chance in Online Poker: Site to Open in US
Gambling911.com contributor Thomas Somach has interviewed an 80-year-old man who has developed a new form of online poker that eliminates the element of chance: Texas Block ‘Em. And, yes, it will operate from the US to those living in the US.
Arthur M. Pfeiffer, owner and founder of Palo Alto software company Thwart Poker Inc., told The San Francisco Examiner that his venture will be a website called Texas Block ’Em that is expected to debut some time next year.
Adelson Ditches Plans to Build $30 Billion Mega Casino in Madrid
Feisty 80-year-old gambling tycoon Sheldon Adelson has cancelled plans to build a $30 billion gambling and leisure complex outside of one of Europe’s biggest metropolises, Madrid, Spain.
No way had been found to meet the "necessary criteria" for the project, the head of Las Vegas Sands Corporation said in a press release.
Skrill to Stop Online Gambling Transactions in Canada
The popular payment processing firm Skrill has decided to halt transactions for online gambling activity for the foreseeable future.
The change is anticipated as of January 2 of this coming year (2014). Transactions from merchants will end effective January 31.
Caesars Files Suit Against Massachusetts Gambling Panel Head
BOSTON — (Associated Press) - A lawsuit filed by Caesars Entertainment against the state's top gambling regulator alleges he failed to disclose a potential conflict of interest in a timely manner.
Caesars had been a partner of the Suffolk Downs horse track in a casino bid but withdrew after a background check by commission staff.
The federal lawsuit challenges the ''constitutionality, objectivity and fairness'' of Caesars' treatment by Massachusetts Gaming Commission Chairman Stephen Crosby.
Somach World Exclusive: 80-Year Old to Open Online Poker Room in San Francisco
Tom Somach reports in this coming Sunday's San Francisco Examiner, December 15, 2013, about a new and supposedly legal U.S.-based online poker room set to debut in 2014.
FullFlushPoker.com Launches New Affiliate Program: Flush Affiliates
San Jose, Costa Rica – FullFlushPoker.com (“FFP”) is excited to announce the launch today of their new affiliate program, “Flush Affiliates”.
Breaking News: New Jersey Suspends Review of PokerStars
In a major blow to the world’s largest online poker firm, the New Jersey Division of Gaming Enforcement has suspended the review of PokerStars application for an online gambling license for two years.
Tribes Set to Begin Offering Online Gambling, Some to Target Most US States
Some of the 240 Indian tribes in the U.S. are eager for a piece of that market, writes Pamela M. Prah of PewStates.org
The tribal online gambling efforts might exceed those at the state level where only three states have so far legalized Web gambling: Nevada, New Jersey and tiny Delaware.
Prah notes:
MGM Approved to Operate Casino in Massachusetts
BOSTON — (Associated Press) - The investigative arm of the state gambling commission recommended on Monday that MGM Resorts be found suitable to proceed with a bid for a casino in downtown Springfield, provided company officials adequately explain to the five-member commission several concerns raised during a lengthy background check.
The Bureau of Investigations and Enforcement said its 10-month review did not find any factors that would disqualify MGM from doing business in Massachusetts.
Taxman Catches Up With British Bookmakers
LONDON - (Reuters) - Bookmakers are preparing for a tax avoidance crackdown on online gambling in Britain that will cost the industry 300 million pounds ($490 million) a year, putting a brake on the fastest growing part of their businesses.
Many bookmakers have set up internet operations in territories such as Gibraltar, allowing them to sign up British gamblers while benefiting from benign local tax regimes.
Bitcoin Endorsed by Wall Street, Dissed by China
The anonymous virtual currency Bitcoin has received an endorsement from Wall Street powerhouse bank, that being Bank of America.
Caesars: Online Bets Might Hurt Land-Based Casinos
ATLANTIC CITY, N.J. (Associated Press) — The world's largest casino company is cautioning investors that Internet gambling might hurt rather than help its brick-and-mortar casinos.
Caesars Entertainment, which owns four of Atlantic City's 12 casinos, wrote in a filing with securities regulators late Wednesday that online gambling could reduce patron visits to its casinos in New Jersey and Nevada, and harm the company's bottom line.
Online Gambling Glitches in New Jersey Persist
More than a week after online gambling began in New Jersey, casinos and their partners are still struggling to verify the location of people who want to play on the new websites, Ryan Hutchins of the Newark Star Ledger reports.
Sure it’s not the same disaster as – let’s say the Obamacare website rollout – but there are glitches nonetheless.
Online Gambling Firm Paddy Power Sending Dennis Rodman Back to North Korea
Irish online gambling company Paddy Power is sending retired NBA star Dennis Rodman back to North Korea to help coach the national basketball team there.
He'll spend several days helping train the North Korean basketball team, which will play at least one exhibition game against former NBA players in January, according to the company. Paddy Power sponsored Rodman’s last trip to the aptly titled “Hermit Kingdom” and this time will be shooting a documentary on the event.
New App Bravo Poker Live Shows Casino Waiting Times
An ingenious new app lets gamblers know the various casino waiting times. The free iOS and Android app is called Bravo Poker Live and has all the makings of a huge hit.
Legal Online Bingo Site Luckity.com Opens to US Customers a la Churchill Downs
Now US players can enjoy online bingo from the comforts of their own home thanks to Luckity.com, a legal US-based website that comes to us courtesy of Churchill Downs, home of the Kentucky Derby.
The online bingo industry has changed dramatically in the few past years thanks to the 2007 smoking ban in bingo halls. Due to this ban, many took their bingo games online, with reports showing an 80 percent increase in the number of online bingo players.
Delaware Considers Gambling Expansion
DOVER, Del. (Associated Press) - Members of a state panel looking at Delaware's gambling industry amid increasing competition from neighboring states is reviewing a report on the feasibility of allowing more casinos in Delaware.
Lawmakers established the lottery and gaming commission earlier this year to examine the competitive marketplace facing Delaware's gambling industry. The panel, which meets Wednesday at Legislative Hall, is facing a Jan. 31 deadline for reporting its findings and recommendations to the governor and General Assembly.
Bet on Real Financial Data With TradeFight.com
TradeFight.com is a new social gaming site that allows its players to challenge one another in the live financial market with $1000 in virtual cash.
Here’s how it works:
Atlantic City Showboat Casino Fined for Unshuffled Cards
ATLANTIC CITY, N.J. (Associated Press) - New Jersey's top casino regulator has fined the Showboat casino hotel $7,000 for playing games with unshuffled cards, and violating rules regarding the money counting room.
State Gaming Enforcement director David Rebuck issued the fines Nov. 25. They were made public this week.
The casino declined comment.
