Gambling Companies
Gambling Companies, Gambling Stocks
BetOnline Now Offering Skill Games: Online Dominoes, Yahtzee, Spades, More
BetOnline announced Saturday it will begin offering skill games as part of its extensive online gaming platform.
WagerWeb Takes Over Legends Sports Accounts: 5 X Rollover Required
Not exactly the most attractive deal in the world but WagerWeb.com is a good book and the situation could be far worse all things considered. They have informed Gambling911.com that the rollover requirement for the Legends bailout is 5 x as opposed to the previously reported 10 x. Good news for Legends customers indeed.
World Sports Exchange Finally Shuts Its Doors: Sinisterly Apologies
After years of slow pays and no pays, one of the first online gambling websites has unceremoniously shut its doors.
World Sports Exchange is officially dead following 17 years in business.
Caesars Interactive Entertainment Seeks New Jersey Online Gambling License
Caesars Interactive Entertainment is the latest company to apply for an online gambling license in the state of New Jersey.
Caesars Entertainment operates the World Series of Poker and currently holds an Internet poker license in Nevada. But the Silver State only has around 3 million people living there compared to New Jersey’s nearly 9 million along with the other couple million just across both rivers in New York City and Philadelphia. New Jersey will permit anyone to access licensed online gambling sites provided they are physically located inside the state.
Probability Plc Looks at Potential US Online Gambling Alliances
(Reuters) - UK-based Probability Plc, a maker of gambling games for mobile phones, is in advanced talks with potential U.S. partners to break into the American online gaming market as several states relax betting restrictions.
The legalization of online gambling in New Jersey this year, following similar legislation by Nevada and Delaware last year is expected to persuade other states to change their laws.
Macau Poker Cup 2013 Schedule: PokerStars LIVE at the City of Dreams Will Host
The Macau Poker Cup 2013 schedule features events that kick off April 17 and run through April 28. The event itself will be hosted at the newly branded PokerStars LIVE at the City of Dreams in Macau.
Stars has moved from their temporary home in the Grand Waldo Entertainment Complex.
One of the most highly anticipated events taking place during the Macau Poker Cup is the $HK$11,000 Macau Poker Cup: Red Dragon Main Event, which last year featured the largest number of entries for any tournament held in Asia to date. It includes a $5 million guaranteed prize pool.
Baccarat Accounts for 91 Percent of Macau Revenue
Baccarat has accounted for 91 percent of Macau’s gross revenue numbers and 67 percent of its gross income of 57.815 billion, according to the Gaming Inspecition and Coordination Bureau.
It’s Official: PokerStars Applies for NJ License to Operate Atlantic Club Casino
While news broke earlier in the year that the world’s largest real money online poker room was in talks to acquire the Atlantic Club Casino and Hotel in Atlantic City, PokerStars had not yet filed for the necessary licensing application with New Jersey’s Gaming Commission.
The company filed the application last week and will now undergo a 90-day review. Most industry experts believe PokerStars will ultimately be permitted to operate in the state.
Online Jackpot Games to Offer $2 Million at Cake Poker: Upgrades Blackjack
Popular online gaming site, Cake Poker (CakePoker.eu) has launched Jackpot Games, a selection of cash and Gold Chip buy-in casino and entertaining games that offer wins of up to $2 Million. In addition, Cake has launched an upgraded version of their BlackJack games with new, advanced features including auto play, speed settings and the inclusion of strategy tips.
Legends Sports to Shut Down: Will Transfer Accounts to Other Book
Exactly one week after indictments were handed down against 34 individuals tied to Panama-based Legends Sports, that long established sportsbook has made the decision to shut down.
Legends alerted customers via email that they were in talks with another top online sportsbook to have all accounts transferred.
Spiros ‘The Greek’ Athanas Released on $1 Million Bond
One of online sports betting’s most legendary bookmakers, Spiros “The Greek” Athanas, has been released on $1 million bond according to court documents.
Athanas, one of 34 charged last Wednesday in connection to his alleged role in a multi-billion dollar sports betting ring, turned himself in two days later.
Free-to-Play Online Poker Network Zen Entertainment Acquired
A Swedish gaming company has purchased the troubled free-to-play online poker network Zen Entertainment.
NYX Gaming Group has completed the acquisition according to Gaming Intelligence Report.
Legends Sports ‘Bookie’ to Remain Behind Bars: Deemed a ‘Fight Risk’
While three of four individuals arrested in Florida for their role in a massive multi billion dollar sports betting ring have been released on bond, one will remain behind bars.
Prosecutors claim Philip Gurian, 51, acted as a “bookie” out of his Boca Raton home on behalf of Panama-based Legends Sports. The Sun-Sentinel reported Monday evening that Gurian had employees working for him in 10 different states and 6 countries. He is charged with conspiracy to commit money laundering.
Ladbrokes Shares Plunge: Profit Warning Issued
LONDON (Reuters) - Ladbrokes , Britain's second largest bookmaker, warned investors it expected annual operating profit to fall this year after a poor performance from horse racing and online gaming in the first quarter.
Ladbrokes shares fell eight percent after the unscheduled trading statement, which dashed expectations that the company was turning itself around after problems with its online operations last year.
Private Equity Group Sports Betting Bill SB346 Advances in Nevada Senate
A bill to allow private equity groups to place large bets at Nevada sportsbooks has advanced in the state Senate with the Judiciary Committee amending and approving Senate Bill 346 this past Friday.
Guns, Online Gambling Ensure Bitcoin Staying Power
As long as online gambling remains on the fringe of legality in nations across the globe, Bitcoin should emerge as a viable alternative currency for the industry as more operators come to embrace it.
And then there are guns.
With US efforts to curb gun sales through expansion of background checks, Bitcoin suddenly becomes more attractive to gun sellers and buyers.
Formula One Group Looks to Acquire Online Betting Exchange Betfair
A private equity firm that owns Formula One motor racing is looking into the possible purchase of Europe’s largest betting exchange, Betfair.
CVC Capital Partners confirmed on Monday it was in talks with investors about the possibility of a joint offer for the wagering firm, said to be worth around £800 million.
B3W Group to Fix Security Flaw in Online Poker Software
B3W Group, based out of Malta, has announced it plans this week to fix a vulnerability recently discovered by two security experts. The company produces turnkey online casino and poker solutions.
B3W's software updates itself over an insecure HTTP connection. Updated files are stored without digital signatures, and ".exe" files are not verified before installation. They also found issues with how B3W's software stores passwords on a person's computer.
PlayOLG.ca Online Gambling Website to Launch in Ontario This Year
The Ontario Lottery and Gaming Corp (OLG) is set to launch its online gambling website, PlayOLG.ca, later this year.
Casino and lottery type games will be offered to citizens of the province including those in its biggest city of Toronto.
Bitcoin Down 75 Percent: CNN Profiles Currency
The virtual currency Bitcoin was down a whopping 75 percent in just under 48 hours and still falling Friday.
Bitcoins were down to $61.11 as of 9 a.m. ET Friday. Prices reached as high as $266 per Bitcoin around 7:30 a.m. ET Wednesday.
Winklevoss Twins Own 1 Percent of All Bitcoins: $1.3 Billion
The virtual currency Bitcoin may have lost nearly 75 percent of its value in recent days, remarkably bringing it back to last month’s levels, but that hasn’t stopped the Winklevoss twins from owning 1 percent of Bitcoin, equivalent to $1.3 billion.
Former Sands Exec Details Deal Making in Macau
LAS VEGAS — (Associated Press) - During his second day of testimony, the former president of casino giant Las Vegas Sands detailed how the company gained its foothold in China.
William Weidner is one of the star witnesses in a breach of contract case brought by Hong Kong businessman Richard Suen.
Suen says he helped Sands win a gambling license in the Chinese gambling enclave of Macau.
Sands says it won entry to Macau on its own merits.
During his first day on the stand, Weidner took a few shots at Sands CEO Sheldon Adelson, who was his boss for 14 years.
PokerStars Target Acquisition Atlantic Club The Only March Money Maker in AC
Atlantic City reported a sharp decline in revenues of 10.5 percent for the month of March yet its most troubled casino outside of the cash strapped Revel witnessed the only revenue increase.
The Atlantic Club Casino (formerly the Atlantic City Hilton) enjoyed a 33 percent jump in revenues for the month of March.
Bodog Zone Features Faster Baccarat, Online Poker Product
The Bodog brand is set to launch a range of new products under the Bodog Zone moniker offering high-speed versions of the most popular online games including Baccarat and poker. In Asia, Baccarat is by far the biggest game played both on and offline but with complicated calculations between hands can be frustratingly slow.
Bodog’s new super-fast Baccarat has recently gone live in Asia via the Bodog brand’s Live Dealer casino. Zone Poker will launch later this year.
CakeBet.com Preparing to Launch BitCoin Online Casino
CakeBet.com, not to be confused with CakePoker.eu/Cake Gaming Whose banner appears below, is one of a handful of new BitCoin online casinos preparing to launch.
Adelson Says ‘Zero’ Contributions Made by Suen to Get Macau License
Testifying for a third day Tuesday, billionaire casino mogul Sheldon Adelson, 79, insisted everything was on the up-and-up in obtaining a license in the gambling Mecca of Macau.
Richard Suen, a one-time business associate, claims that he is owed US$328 million for helping the company win a casino operating license from China back in 2002.
When asked what contributions Suen made in getting the Las Vegas Sands license, Adelson responded “Zero”.
Bitcoin Currency Hits $219: Stress Placed on Processors
Bitcoin, the virtual currency that has many online gambling operators starting to take notice, hit a record high of $219 on Monday.
Just one year ago, a single Bitcoin was worth just $9.
The big question now: Are we starting to see a bubble?
Nevada Sports Betting Bill Would Allow Investment Groups, Syndicates
CARSON CITY, Nev. — (Associated Press) - Private investment groups could place sports wagers on behalf of investors under a proposed law in Nevada that would allow the state to reap millions of dollars in untapped revenue.
Gambling911.com Marketing: College Basketball Winds Down, Masters
Gambling911.com enjoyed great success with the 2013 NCAA Tournament, ranking well in search right up to the Final. Case in point, we ranked number 4 on Google for “2013 NCAA Championship Point Spread: Michigan vs. Louisville” but still received tons of traffic.
[For industry professionals, be sure to check out our Marketing section regularly here and if you wish to contact us, please do so here. We are available 24/7.]
Full Tilt Poker Former CEO Ray Bitar Pleads Guilty: Awaits Heart Transplant
The former CEO of Full Tilt Poker Raymond Bitar has plead guilty to money laundering and bank fraud.
Indicted on April 15, 2011 on what has become known as “Black Friday”, Bitar was facing significant prison time.
Bitar, however, remains hospitalized as he is about to undergo a heart transplant.
