Gambling Companies

Gambling Companies, Gambling Stocks

Bitcoin Online Poker Officially Hits Mainstream With Satoshi Poker

Everyone has been waiting with bated breath to learn what impact, if any, Bitcoin would have on the online poker sector.  The time to find out is finally here with the introduction of Satoshi Poker.

Gambling911.com can confirm that the new entry will be pouring millions of dollars into marketing its product across the World Wide Web.  And good news for US players, as Satoshi Poker will be accepting players from all jurisdictions. 

Submitted by Aaron Goldstein on, Jul/30/2013

Casino Developers in Cedar Rapids Allegedly Made ‘Illegal’ Political Contributions

Two casino executives placed in charge of overseeing development of a Cedar Rapids casino allegedly made illegal political contributions in late 2009 to then-Governor Chet Culver’s unsuccessful re-election campaign.

From the Gazette:

Submitted by Aaron Goldstein on, Jul/30/2013

Revel Atlantic City Poker Room to Shut Down in Next Two Weeks

The financially strapped Revel Casino in Atlantic City is ready to close its poker room.

John Brennan of the Bergen Record tweeted Monday:

Sources: Revel AC poker room will close in 2 weeks. Canceling all tournaments. Bad beat jackpots to be paid.

The Revel Casino is expected to shut its poker room down on August 15 though the closure could actually happen sooner.

Submitted by Nagesh Rath on, Jul/30/2013

Caesars' 2Q Misses Expectations

LAS VEGAS (Associated Press) — Casino operator Caesars Entertainment Corp. posted a smaller loss for its fiscal first quarter on Monday, but results still missed expectations as slots and tables drew fewer gamblers.

Caesars owns or manages more than 50 casinos, most of them in the U.S. and Britain.

The company saw casino revenues decline by $116.8 million, or 7.5 percent. CEO Gary Loveman said food and beverage sales may ultimately replace those dollars.

Submitted by Associated Press on, Jul/30/2013

Wynn Macau Q2 Revenues Not Entirely Impressive

LAS VEGAS — (Associated Press) - Wynn Resorts Ltd. said Monday that it made less money than expected in the Chinese gambling enclave of Macau, and its second quarter missed analysts' forecasts.

Excluding special items, Wynn made $1.51 per share on revenue of $1.33 billion in the latest quarter.

Analysts polled by FactSet forecast, on average, earnings of $1.57 per share on revenue of $1.34 billion

Submitted by Associated Press on, Jul/29/2013

PokerStars Parent Company Files Motion to Dismiss Domain Case

PokerStars parent company, the Rational Group, has filed a motion to dismiss in a 2008 case brought by the commonwealth of Kentucky to seize 141 online gambling domains.

BetOnline

Submitted by Ace King on, Jul/29/2013

Big News Coming at Carbon Poker as Best Promos Yet to be Announced

Carbon Poker has revealed they are preparing to announce some of the biggest promotions to date.

What are the promos?

You’ll have to come back July 30 (2013) to find out as Carbon is keeping mum. 

Carbon Poker is one of the biggest names in online poker and the marquee brand on Merge, a poker network that welcomes players from North America.

Submitted by C Costigan on, Jul/26/2013

Online Gambling Firm Wants to Buy or Build Casino in Atlantic City

TRENTON, N.J. – (Associated Press) - An online gambling firm plans to buy or build a casino in Atlantic City to get a piece of the Internet wagering action planned to launch in the state this year, another sign of a revival of corporate interest in a city where gambling revenue has been falling since 2006.

MidOil USA managing partner Vincent Crandon said Friday that he plans to announce around Labor Day whether his investment firm and Web gambling company 2UP Gaming will be buying or building.

Submitted by Associated Press on, Jul/26/2013

Metro Play Casino Offers Much Needed Distraction After King George Birth

Now that Prince George of Cambridge is happily cooing away, we can get back to pursuing other entertainment on the Internet. Metro Play Casino is there to satiate our need for excitement by offering more than 200 web games and over 50 mobile games. From brainy puzzles like Sudoku, to casino games including the thrill-seeking Lara Croft slots, Metro Play online gaming offers instant real-time fun.

Submitted by Tyrone Black on, Jul/26/2013

Ultimate Gaming Gets Final Approval From Nevada to Operate Real Money Poker Site

LAS VEGAS, NV - Today, July 25, 2013, Ultimate Gaming, a majority-owned subsidiary of Station Casinos LLC, received final approval from the Nevada Gaming Commission for its real money online poker product Ultimate Poker, the only legal poker website in the United States.

Submitted by Press Release on, Jul/25/2013

Zynga Shares Plummet as Company Won’t Enter US Online Gambling Space

SAN FRANCISCO (Reuters) - Zynga Inc will largely abandon its long-running efforts to build a real-money gaming business in the United States, a prospect investors once believed to be the struggling company's sole lifeline.

Submitted by Reuters on, Jul/25/2013

Mike Britt Joins Ultimate Poker as Vice President of Market Development

LAS VEGAS– Government affairs and gaming professional Mike Britt has joined Ultimate Gaming, America’s first regulated online gaming operator, as vice president of market development and government affairs. He brings 10 years of experience in politics, legislative affairs and market development to the company.

Submitted by Press Release on, Jul/25/2013

2013 WSOP Last Lady Sitting Jackie Glazer Joins PokerStars

Australian female poker pro Jackie Glazier has left Ivey Poker to join the 888 Poker team.

Glazier became the 2013 World Series of Poker Main Event’s “Last Woman Sitting”.

Ms. Glazier finished 31st for $229,281, bringing her total career earnings to almost $1.2 million.

Submitted by Nagesh Rath on, Jul/24/2013

Venetian Boycott Not Working, Adelson Sees Triple Profits as Body Count Rises

Attempts to get poker players to boycott the Venetian Hotel and Casino’s Las Vegas poker room this week have apparently fallen on deaf ears.

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The room has been bristling with action each and every day.

Submitted by Ace King on, Jul/24/2013

Facebook is Bringing Social Gambling to Italy, Spain

Facebook is expanding its real money online social gambling platform to Italy and Spain.

After initial trials in the United Kingdom utilizing the bwin.party network, Facebook will expand the offering to three countries, both of which have been accommodating to real money Web gambling.

Sean Ryan, head of partnerships of the social network, confirmed the news during the World Gaming Executive Summit in Barcelona.

Submitted by Aaron Goldstein on, Jul/24/2013

South Point Poker to Rebrand as Real Gaming

South Point Poker, which one promised to be the first real money online poker site regulated in the US, will be changing its name.

The site will be rebranded as “Real Gaming” in order to reflect its expanded variety of online games beyond the scope of poker.

Real Gaming will be run by the folks who own the popular South Point Casino and Hotel located off the Las Vegas Strip.  They were among the first to receive a license from the Nevada Gaming Commission. 

Submitted by Patrick Flanigan on, Jul/23/2013

Mississippi Casino Revenue Declines 7 Percent

JACKSON, Miss. — (Associated Press) - Mississippi casino revenue resumed its year-over-year slide in June after showing positive results in May.Statewide casino revenue fell nearly 7 percent from June 2012 to $174.5 million, according to Mississippi Department of revenue figures.

The state's gambling halls eked out a 1 percent gain in 2012, because revenue rebounded after most Mississippi River casinos were affected by the 2011 floods. But year-over-year casino revenue has fallen in 11 of the last 12 months. May was the exception, when revenue rose 3 percent.

Submitted by Associated Press on, Jul/22/2013

Macau Revenue Dips: First Time in a Long Time

Macau, the Asian gambling Mecca, has witnessed a rare decline in revenue.

RBC Capital Markets analyst John Kempf said gross gaming revenue for table games and slots last week was $105.5 million, down from $116.3 million the week before, Investors Business Daily noted.

"If we assume that the remainder of the month will come in at last week's rate, then gross gaming revenues for July will increase 13%," Kempf said in the note, which "may give some ammunition to the 'China bears.'"

Submitted by Aaron Goldstein on, Jul/22/2013

More Atlantic City Comps: Million Dollar Giveaways, Cash Buried on Beach

ATLANTIC CITY (AP) — Million-dollar giveaways. Cash buried in the beach. Trips to tropical paradise. Shopping sprees. Guarantees that no one loses at the slot machines.

This summer, the casinos are being quite generous with their promotional offers — commonly known as comps” — to draw customers to Atlantic City.

Submitted by Associated Press on, Jul/22/2013

PKR Poker Announces Changes in Affiliate Program

The online poker network PKR has announced a change in its affiliate program via an email sent out to affiliate partners.

Dear Affiliates,

We would like to notify you of some changes to the PKR Affiliate Terms and Conditions regarding the definitions and the activity of affiliates.

Submitted by Aaron Goldstein on, Jul/22/2013

Full Tilt Poker Payments to US Customers Will Take At Least Another Year

Americans owed money from Full Tilt Poker since April 15, 2011 may have to wait at least another year, according to a claims adjuster overseeing distribution.

Submitted by Patrick Flanigan on, Jul/20/2013

Americas Cardroom New Software Upgrade Rave Reviews: Beast Gets No Love

Americas Cardroom’s unveiling of their new software upgrade has been met with mostly a positive response from customers.

Submitted by Nagesh Rath on, Jul/18/2013

Bitcoin Online Gambling Website SatoshiDice Sells fo $11.47 Million

Dublin-based Bitcoin online gambling website SatoshiDice has sold for126,315 BTC, which at the time of the sale translated into $11.47 million. 

SantoshiDice claimes to be “the most popular Bitcoin betting game in the universe”.  It was launched just over one year ago by Erik Voorhees, who confirmed the sale Tuesday morning.
“I believe this to be a solid, desirable, and fair outcome for those who have put their trust in S.DICE.”

This is the first major Bitcoin acquisition to date.

Submitted by Aaron Goldstein on, Jul/18/2013

Churchill Downs Completes Purchase of Oxford Casino in Maine

LOUISVILLE, Ky. — (Associated Press) - Churchill Downs Inc. says it has completed the purchase of the Oxford Casino in western Maine in a deal valued at about $160 million.

The Louisville-based company said Wednesday its acquisition of  the casino in Oxford won approval from the Maine Gambling Control Board.

Oxford Casino opened in 2012. The property includes a 25,000-square-foot gaming floor with about 800 slot machines and 22 table games. It also includes a restaurant.

Submitted by Associated Press on, Jul/17/2013

Americas Cardroom New Online Poker Software Unveiled: Slew of New Features

US-facing Internet poker site Americas Cardroom has completely revamped, enhanced, and re-energized its online poker software. The online poker site today released a major software update, complete with a slew of new features that puts Americas Cardroom in a class of its own.

Submitted by Press Release on, Jul/17/2013

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

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

$10/month, Phone & online wagering, 3 preset casino profiles, Phone & online support

Submitted by C Costigan on, Jul/13/2013

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