Gambling Companies

Gambling Companies, Gambling Stocks

Hackers Switch to Digital Currency Perfect Money After Liberty Reserve Demise

(Reuters) - Three months after a team of international law enforcement officials raided the digital currency firm Liberty Reserve, cyber experts say criminals are increasingly turning to another online currency called Perfect Money.

Idan Aharoni, the head of cyber intelligence at EMC Corp's RSA security division, said that some online scam artists and thieves are using Perfect Money's digital currency to launder money and conceal profits in much the same way they allegedly did with Liberty Reserve's currency.

Submitted by Reuters on, Aug/11/2013

Bookie Outsourcing Hits Fever Pitch in Time for 2013 Football Season

Never before have we seen so many bookie outsourcing companies on the Web.  This is due heavily to the online sports betting sector’s difficulty in sending funds from offshore.



Submitted by Aaron Goldstein on, Aug/11/2013

Free Pay Per Head – Up to Four Weeks at WagerHome.com

WagerHome.com, the newest pay per head to join the Gambling911.com family, is offering up to FOUR FREE WEEKS of service for a limited time only.  

Benefits of WagerHome.com, in addition to the free four weeks, include the following:

*mobile wagering

*prices start at $10 per head

*best professional service available

Submitted by C Costigan on, Aug/10/2013

$10 Pay Per Head at WagerHome.com

WagerHome.com, Gambling911.com’s newest sponsor, is offering a $10 pay per head.

 

Submitted by C Costigan on, Aug/10/2013

The Mirror: ‘Full Tilt Phantom Accounts May Result in Funds Shortfall’

The London Mirror featured a piece on Full Tilt Poker Friday, raising troublesome concerns over whether all players will see their funds.

 

Submitted by Nagesh Rath on, Aug/09/2013

New Jersey Casino Revenue Down 3.6 Percent: Revel Sees Improvements

ATLANTIC CITY, N.J. — (Associated Press) - An aggressive slot refund promotion helped Atlantic City's newest casino to a banner month in July, but most of the rest of the casinos got off to a cool start as summer heated up.

The casinos won $297.2 million from gamblers in July, down 3.6 percent from $308.2 million last July.

They won $215.5 million from slot machines, and an additional $81.7 million from table games last month.

Submitted by Associated Press on, Aug/09/2013

William Hill Acquires Australian Bookmaker Tom Waterhouse

(Reuters) - British betting giant William Hill Plc (WWHL) has agreed to buy Australian online betting firm Tom Waterhouse NT for up to A$110 million ($100 million) including debt, looking to become Australia's biggest online bookmaker.

William Hill, the world's largest betting agency by market value, has agreed to pay A$34 million up front and assume A$6 million in debt for tomwaterhouse.com, in a country that has the world's biggest gambling habit per capita.

Submitted by Reuters on, Aug/09/2013

Maryland Casino Revenue up 27.6 Percent With Opening of New Casino

ANNAPOLIS, Md. (Associated Press) — The opening of Maryland's largest casino went a long way to helping the state net nearly $830 million more in lottery and casino revenues in the last fiscal year — a 27.6 percent increase from the previous one.

The increase came despite a drop in traditional lottery revenue for the state from $556 million to $545 million. That money goes to the state's general fund.

 

Submitted by Associated Press on, Aug/08/2013

Tropicana Casino Teams Up with Jackpotjoy.com Creator for Online Gambling in NJ

ATLANTIC CITY — The Tropicana is the latest Atlantic City casino to line up an online partner to help it offer Internet gambling later this year.

The Trop has joined with Gamesys Limited, which runs the jackpotjoy.com website.

“Gamesys has a proven track record in the UK of providing excellent products and customer service and we look forward to launching Tropicana’s Internet gaming business with them,” said Tony Rodio, the Tropicana’s president.

Submitted by Associated Press on, Aug/08/2013

The Beast Results in 50 Percent Traffic Spike at Americas Cardroom

Sure there are some Beast haters, but the one-year-old isn’t going anywhere any time soon as The Beast has resulted in a 50 percent traffic spike at Americas Cardroom.

Submitted by Ace King on, Aug/08/2013

Ladbrokes Struggles Continue: Can’t Take the Heat

LONDON (Reuters) - Ladbrokes' customers shunned UK betting shops and the gaming machines inside during July's heatwave, compounding a slide in first half operating profit which underscored the need to build up its online business.

Britain's second largest bookmaker has been less successful than larger rival William Hill in exploiting the growing online market and expanding overseas, making it more dependent on its chain of almost 2,300 shops on British high streets.

Submitted by Reuters on, Aug/08/2013

Station Casinos Double Digit Growth But Mum on Internet Poker Impact

Station Casinos has announced double-digit growth during the 2nd quarter with a profit increase of 11 percent.

What Station Casinos did not disclose is the impact online poker has had on those numbers.

Submitted by Aaron Goldstein on, Aug/07/2013

Nevada, NJ Consider Marriage in Online Gambling Sector After Early Bickering

(Reuters) - MGM Resorts International is working with Nevada officials who are discussing banding together with New Jersey to create a joint online gaming market, CEO Jim Murren told Reuters in an interview.

"I think it's likely that in 2014 we'll see a compact between New Jersey and Nevada," Murren said in an interview following the company's second-quarter earnings call.

Submitted by Reuters on, Aug/07/2013

New Website Launch for Gambling911.com

Just in time for football, Gambling911.com is launching a new web site that is ultra clean and integrates better with social networking. The content management system is faster, more efficient and will deliver gaming news around the world with a faster load time. 

Submitted by Payton on, Aug/07/2013

MGM Loss Narrows With Vegas Commitment

(RTTNews.com) - Casino operator MGM Resorts International MGM reported Tuesday a loss for the second quarter that narrowed from last year, as Las Vegas continued to rebound and MGM China reported record results.

Las Vegas, Nevada-based MGM Resorts reported a net loss of $92.96 million or $0.19 per share for the second quarter, narrower than $145.45 million or $0.30 per share in the prior-year quarter. Stripping out one-time items, MGM posted earnings of 4 cents per share.

Submitted by Aaron Goldstein on, Aug/06/2013

888 to Bring its Online Gaming Brand to New Jersey

(Reuters) - London-listed 888 Holdings announced plans on Tuesday to launch online poker and casino games under its own brand in New Jersey this year when the state ends a ban on Internet gambling, entering a crowded field.

Internet betting was banned by Congress in 2006, dealing a blow to companies like 888 which had set up in the United States. However, tax-hungry states are now relaxing rules, creating opportunities for European players with years of expertise in the sector.

Submitted by Aaron Goldstein on, Aug/06/2013

Lock Casino Adds Five Mobile Slots Games for iPhone, iPad

Lock Casino, one of the most successful online casinos, has unveiled a series of new products including 3D slots and mobile slots.

“The new interactive 3D slots will have movie-like graphics,” Senior Marketing Director Jay Park tells Gambling911.com. 

As for the mobile casino platform, players can look forward to this new product offering very soon.

Devices supporting the new mobile online casino slots games include:

•    iPhone 4S


•    iPhone 5


•    iPad 2nd, 3rd and 4th generation

Submitted by Aaron Goldstein on, Aug/06/2013

Lock Poker Unveils New Forum to Address Players Directly. Shuts Down Forum on 2+2

Lock Poker has unveiled its own exclusive forum that can be found at the Lock Poker website, Gambling911.com can now reveal.

The new forum will help player issues get resolved much quicker as members will be linked to their actual poker account. This will also serve to eliminate so-called “trolling” and really allow Lock to deal with true player concerns. There is a min GGR requirement for those looking to participate on the new forum. 

Submitted by Ace King on, Aug/05/2013

Cake Poker Rebrands as WinCake.com: Now Offers Sports Betting Online

In a huge industry move Monday, Cake Poker has announced a rebranding to WinCake.com along with news that it will begin offering sports betting, a web browsing format, and a $2 million jackpot casino. 

Submitted by Ace King on, Aug/05/2013

Bwin.party Snatches Up PokerStars Exec Jeffrey Haas

eGaming Review Magazine is reporting that Bwin.party Head of Online Poker Chris Welch will be leaving next month and that his replacement is Jeffrey Haas, an executive from PokerStars, the world’s largest real money Web poker firm.

Submitted by Aaron Goldstein on, Aug/05/2013

M Resort Poker Room Closes in Vegas

The M Resort, operated by Penn National, closed its poker room over the weekend after struggling against stiff completion.

The establishment recently hosted the Hollywood Poker Open.

According to USPoker.com, the M Resort typically only hosted one or two cash games on Saturday nights.

Player comps can be redeemed using the iMagine Rewards card anywhere at the resort.  

Submitted by Nagesh Rath on, Aug/04/2013

Sportsbook Agent Service: IDSCA.com

The sportsbook agent service IDSCA.com is examined as part of this article. 

IDSCA.com offers 24/7 service that is exclusive to the pay per head business.  They do not offer post up sports wagering like some of their competitors.  This allows IDSCA.comto focus only on providing you and your clients with the best service on the market.

Here are just a few of the many advantages to utilizing IDSCA.com’s sportsbook agent service:

Submitted by Payton on, Aug/04/2013

Betting Software – Bookie Call Centers: Reviews for 2013 Football Season

Gambling911.com has your betting software and bookie center reviews for the upcoming 2013 Football Season.

Today we look at IDSCA.com, a company Gambling911.com has had a relationship with for the past three Football seasons.  

Sports

Submitted by Payton on, Aug/02/2013

Nevada Gaming Revenue Down Nearly 5 Percent in June

CARSON CITY, Nev. — (Associated Press) - State officials say Nevada gambling revenues went down 4.8 percent in June compared with a year earlier.

The Nevada Gaming Control Board released statistics Friday showing casinos won $792 million in June, down from $833 million in June 2012.

Las Vegas Strip winnings of $435 million were down 10 percent year-over-year.

But the situation was the opposite a little further down the road: Downtown Las Vegas winnings of $37 million were up 9 percent.

Submitted by Associated Press on, Aug/02/2013

Full Tilt Poker US Players to be Paid Soon

A US Justice Department Claims Administrator has concluded review of Full Tilt Poker balances and has advised that the payout process should begin shortly.

Submitted by Ace King on, Aug/02/2013

Ultimate Poker Deals 10-Millionth Hand

LAS VEGAS, NV - Ultimate Poker dealt its 10-millionth hand of real money online poker at 10:22 a.m. PST on UltimatePoker.com after a little over three months of live play.

Submitted by Press Release on, Aug/01/2013

CNBC Comes Under Fire for ‘Money Talks’ Reality Series: Capper Scammed Elderly

CNBC’s announcement that they will be airing a new sports handicapping reality series this fall called “Money Talks” is beginning to cause quite a backlash.

Bookmaker-2500-091412A.jpg

Submitted by C Costigan on, Jul/31/2013

Facebook Passes $38 Initial IPO Offering Price

NEW YORK – (Associated Press) - Facebook's stock has passed its $38 IPO price for the first time since its rocky public debut last May, crossing a symbolic hurdle that has eluded it for more than a year.

Submitted by Associated Press on, Jul/31/2013

Las Vegas Sands Wants Second Jury Verdict Thrown Out

LAS VEGAS — (Associated Press) - Las Vegas Sands Corp. asked a Nevada judge Tuesday to throw out a second jury verdict awarding a former consultant a $70 million settlement in a breach-of-contract case.

Attorneys for the largest U.S. casino company presented 12 reasons a district judge should grant a second retrial.

The payroll company ADP says companies hired in July at the fastest pace since December.

Submitted by Associated Press on, Jul/31/2013

Bwin.Party Share Price Rises on Hopes of Company Split

Bwin.Party shares shot up Tuesday on news that the online gambling firm is considering a split.

More specifically, the Financial Times reported that Bwin.party was “working on a plan to spin off its unregulated operations into a separate company.”

Bwin.party is looking to aggressively take on the US market.  They have already inked a deal with Boyd Gaming to run Atlantic City’s Borgata’s online poker site.

Bwin.party stock rose 3.9 percent on Tuesday to close at 135.9p.  This is the firm’s best performance in nearly three months.

Submitted by Aaron Goldstein on, Jul/31/2013

Breaking News

Online Slots With The Highest Payout Rates

If you are into online casino slots, don’t just play any games you stumble across after you open the lobby. Also, choosing an online slot by design or theme is not a good idea. If you want to not only have fun playing but also hit some wins, make sure you choose the right games.

How to Withdraw Funds From Online Casinos?

Navigating the world of online gambling, especially when it comes to withdrawing your winnings, can seem daunting at first. However, with the right knowledge and understanding, the process can be smooth and secure.