Gambling Companies
Gambling Companies, Gambling Stocks
NFL About-Face on Gambling as Redskins Push Maryland Residents to Support Casino
The National Football League may hate gambling but that hasn’t stopped one of its storied franchises, the Washington Redskins, from throwing their support behind a controversial casino expansion in their home state of Maryland.
Yeah it’s true.
Online Gambling Regulation in US Unlikely by Year’s End
LAS VEGAS (Associated Press) - It doesn't look like Congress will pass Internet gambling regulatory laws this year, the head of the industry's main lobbying group said Tuesday, as he cast online wagering hosted by sites overseas as one of the biggest threats to the casino industry in the United States.
PaySafe Card Official Sponsor of European Poker Tour Season 9
LONDON, UK – The leading internet prepaid payment solution, paysafecard, will be the official payment provider sponsor of the European Poker Tour Season 9, EPT President Edgar Stuchly announced today.
The sponsorship will see paysafecard branding in and around the tournament area at events during Season 9 starting at EPT Sanremo, and players who use paysafecard to make a deposit into their PokerStars account will be eligible to play in a series of exclusive EPT- themed freerolls.
WMS Launches Play4FunNetwork Online Gambling Platform
WAUKEGAN, Ill.—(Business Wire) – WMS Industries Inc. announced today that its subsidiary, Williams Interactive LLC, recently launched a first-of-its-kind, white-labeled B2B suite of interactive products and services through the Williams Interactive™Play4Fun Network platform with the Meskwaki Bingo Casino in Tama, Iowa.
Bwin.Party Confirms Sale of Ongame to Amaya
As was reported over the past week and now confirmed by Bwin.party, the world’s largest online gambling firm, Ongame has been acquired by Canadian company Amaya Gaming for €15m in cash.
Amaya will pay a further €10m depending on progress made in the US on regulating online gambling, according to the Financial Times of London.
A previous deal for Las Vegas-based ShuffleMaster to purchase Ongame earlier in the year for an initial €19.5m, plus a potential further €10m, eventually fell through.
Sportingbet Snubs Takeover Bid
Sportingbet, one of the United Kingdom’s largest sports betting operations, has snubbed a takeover effort from rival William Hill, it was learned Sunday.
Sportingbet, which is slated to report its full-year results on Wednesday, rejected the £350 million takeover bid from Hill and its partner, European gaming company GVC. William Hill had proposed a 52.5p-a-share bid.
The company had previously been in talks with another rival, Ladbrokes. Its share price has surged 16 percent since discussions about a possible takeover began to surface.
Howard Lederer Files and the ‘I Don’t Know’ Montage (Video)
The poker community is abuzz with talk about the latest video interview series featuring disgraced former Full Tilt Poker part-owner and ring leader Howard Lederer.
Mohegan Sun Lays Off More Than 300 Employees, Replaces CEO
MOHEGAN —(Associated Press) - The Mohegan Sun casino is laying off more than 300 employees and replacing its CEO, the Mohegan Tribal Gaming Authority's chief executive said Thursday.
Juicy Stakes Announces $100,000 Gold Fest Tournament Series: Moves to .EU Domain
Starting October 7, popular online gaming site, Juicy Stakes Poker and Casino (http://www.JuicyStakes.eu) is featuring a $100,000 Gold Fest Tournament Series. Consisting of five $20,000 tournaments played on consecutive Sundays, players will be able to compete for guaranteed prize pools and qualify for the tournaments by spending Gold Cards – a staple of the Juicy Stakes Poker reward system
D Las Vegas Casino Refunds Packers-Seahawks Bets: Other Sportsbooks Not Thrilled
LAS VEGAS — (Associated Press) - A Las Vegas casino took an unusual step Wednesday and offered refunds to gamblers who lost money when the Seattle Seahawks beat the Green Bay Packers on a controversial touchdown at the end of Monday night's game.
3G Studios Prepares for Online Poker in US: An Interview With CEO James Kosta
3G Studios is the first video game company to apply for an online poker license in the state of Nevada, where real money web gambling is set to launch in the coming months.
Gambling911.com’s Payton O’Brien had the opportunity to interview 3G Studios founder and CEO James Kosta to discuss what the future may hold for his company.
Carbon Atil Gets Kudos From Poker Affiliate World as ChipSplit.com Continues to Excel
When it comes to online gambling affiliate marketing, Gambling911.com has always placed on a pedestal the likes of Marty Davis (now with WagerWeb.com), Erin Argue (now with GTBets.com) and of course Simon Eaton of BetOnline.com.
Blown Call Caused $1 Billion to Change Hands in Sports Betting
LAS VEGAS (CBS /Associated Press) — A top oddsmaker believes last night’s controversial blown call was worth a billion dollars in sports betting.
Lock Poker Expanded Customer Service Dept Beginning to Pay Off
Lock Poker’s move to its very own online poker network experienced a few bumps in the road over the summer, mainly a result of the site’s massive existing player base and a new infrastructure that couldn’t quite accommodate them immediately.
Sportsbook Refunds All Green Bay Packers Bets (Video)
Following last nights final second controversial call that witnessed Seattle win against Green Bay, though video clearly showed the Packers had an interception, popular online bookmaker Sportsbook.com (.ag) has decided to refund all Packers bets.
Most New Jersey Residents Don’t Want Gambling in State Beyond Atlantic City
(Associated Press) - Most New Jerseyans oppose expanding casino gambling beyond Atlantic City, and also oppose granting state tax breaks to casino companies, according to a poll released Monday.
The Fairleigh Dickinson University PublicMind Poll shows 56 percent of voters surveyed are opposed to casinos anywhere else but in Atlantic City. Thirty-five percent say casinos should be added elsewhere in the state.
10 States in Negotiations With Nevada to Form Online Poker Partnership
Gambling911.com has an exclusive upcoming interview with someone very close to the situation on the ground in Nevada as it pertains to “real money” online poker regulation. The individual in question is a CEO for one of the biggest gaming developers in the world, 3G Studios.
Late last year, Nevada approved “real money” online poker play within the state and has begun accepting applications from a few dozen potential licensees.
Camasino.com Webcam Poker: Play Live or With an Avatar, Free or Real Cash
Camasino.com offers its proprietary webcam online poker to those living in the US (free-to-play) and much of the rest of the world (real money or free-to-play). Camasino.com now operates one of Canada’s largest land-based poker rooms, the Camasino Poker Club (formerly Snake’s Club), just outside of Montreal.
DOJ Confirms it has Possession of Absolute Poker Software Platform
PokerFuse.com is reporting that the US Department of Justice confirmed receipt of a copy of shuttered Absolute Poker’s software platform last week from Korean developer Quad Dimensions.
PokerStars Details Plans for Full Tilt Poker Re-Launch and Payments to Players
ONCHAN, ISLE OF MAN – PokerStars revealed details of its plan to repay $184 million to former customers of Full Tilt Poker outside of the United States of America and announced that FullTiltPoker.com will re-launch during the first week of November.
Efforts to Improve Atlantic City Starting to Pay Off
ATLANTIC CITY, N.J. – (Associated Press) - New Jersey officials say a wide-ranging effort to improve Atlantic City is starting to pay off, from new private investment in non-casino attractions to a $20 million advertising campaign that's beginning to change negative perceptions about the seaside gambling resort.
Military Aircraft Delivers ‘Thirty Tons’ of Computer Equipment From Full Tilt Poker
A military aircraft landed on the Isle of Man late last week packed with “thirty tons” of computer equipment from Full Tilt Poker en route to the offices of PokerStars, which operates from that island nation.
PokerStars acquired Full Tilt Poker this summer and is set to pay back non-US players owed monies from the company for over a year.
From PokerFuse.com:
New Online Poker Room Poker Rebel to Welcome US Citizens Beginning November 1
A new online poker room is set to launch November 1 that will target primarily North American and South American customers, including those in the US.
The site’s name is PokerRebel.com and has roots in Brazil, one of the world’s fastest growing economies. The room will be offered in both English and Portuguese. Its slogan is “Join The REBELution”.
The site has been in development since March of this year.
Further details were upcoming.
Cake Poker Migrating US Players to Juicy Stakes Poker
Cake Poker is set to announce that US “real money” players will be migrated Juicy Stakes Poker, effective September 27, 2012 with a press release due out on this day. Juicy Stakes is a long standing trusted partner within the Revolution Gaming Network. This news was first reported by CardsChat.com and has since been confirmed by Cake itself. Details will be announced in the coming days.
Numis Upgrades William Hill
Numis Securities Limited has upgraded William Hill from reduce to hold Friday with the target up from 250p to 310p.
William Hill, Great Britain’s largest bookmaking operation, announced its intention earlier in the week to purchase rival Sportingbet as part of a joint venture with another firm. The proposed acquisition would be arranged through an entity of William Hill and not William Hill Online, which is a joint venture with Playtech Ltd.
More recently, Hill entered into acquisitions with Nevada-based sports betting businesses such as American Wagering Inc.
Gambling911.com Exposes ‘The Myth of the Bookmaker’
One of the great myths of bookmaking is that a bookmaker needs to balance the betting action on a game in order to make a profit.
It's a lot tidier, of course, when that happens, but it's not necessary.
In fact, not only can the wagering action be uneven and the bookie still profit, it can be downright lopsided and he'll still make money.
Three More Companies Approved for Online Poker in Nevada
LAS VEGAS – (Associated Press) - Nevada gambling regulators have approved licenses for three companies to run Internet poker sites in the state.
The Nevada Gaming Commission on Thursday approved American Casino & Entertainment Properties LLC for an interactive gambling operator's license.
The company owns the Stratosphere hotel-casino and tower on the Las Vegas Strip.
Adelson Unveils Plan for New Eiffel Tower Replica Macau Casino
(AFP) - Las Vegas casino boss Sheldon Adelson on Thursday unveiled plans to build a scaled down replica of the Eiffel Tower as part of a new $3 billion gambling resort in Macau.
The Las Vegas Sands Corp. chief spoke publicly for the first time about the new development as he opened a Sheraton hotel in the second phase of his latest $4.4 billion resort, the Sands Cotai Central, itself only five months old.
Microgaming Primary Beneficiary of Entraction Exodus
Two online poker rooms have announced they will be moving from the IGT/Entraction poker network to Microgaming.
BetVictor and iGaming both announced the move following Entraction’s announcement that they will no longer be servicing the European market due to a regulatory stranglehold occurring in many of the Eurozone nations.
Zynga Shares Climb Nearly 4 Percent: Another Executive Leaving
Zynga Inc (NASDAQ:ZNGA) shares increased 3.35 percent to $3.18 after acquiring San Mateo, California-based game maker A Bit Lucky Inc.
The news is bittersweet as yet another executive has confirmed they are leaving the company.
Nils Puhlmann, Zynga’s chief security officer, will be stepping down after a three year stint with the company.
Zynga’s share price has lost approximately 70 percent of its value in recent months.
- Aaron Goldstein, Gambling911.com
