Gambling Companies
Gambling Companies, Gambling Stocks
Euro 2012 Huge for Bookmakers: Helps Boost Betfair Profit by 50 Per Cent
Betfair, the world’s largest sports betting exchange, reported a more than 50 per cent jump in pre-tax profit for the 12 months to April 30, mostly a result of heavy beting on the Euro 2012 in recent weeks.
“The European championships have been our biggest sports betting event. More bets have been laid on the Euros with us than for the last World Cup,” Stephen Morana, Betfair’s interim chief executive.
Online Gambling News: Lock Poker Extends 4K Bonus, Battle of Ronin Through July
This is the latest gambling news as published June 29, 2012 during the 11 am EST hour that includes big news regarding Lock Poker’s extension of its uber popular 200 percent signup bonus that pays up to US$4000 into the month of July (2012). Please follow us on Twitter here for up-to-the-minute breaking news.
Additionally, The Battle of Ronin has also been extended.
What exactly is The Battle of Ronin you ask?
Introducing GoldenNuggetPoker.com
Golden Nugget, Inc. and Landry’s, Inc. have announced the launch of the online poker website GoldenNuggetPoker.com in anticipation of the US market opening up for real cash play across a broad range of states including Nevada and Nevada. Online poker became legal in Delaware today (June 28, 2012).
Ladbrokes Share Price Plummets 12 Percent: Weak Margins Cited
Ladbrokes, one of the UK’s largest bookmakers, saw its shares fall almost 12 per cent after issuing a profit warning due to declining revenues in its online business.
From Christopher Thompson of the Financial Times:
Pam Anderson is Back With BamPoker.com
Pam Anderson got into the online poker game a few years back – courtesy of Doyle Brunson - and that lasted about a month as the Unlawful Internet Gaming Enforcement Act (UIGEA) was passed shortly thereafter.
Now Pamela Anderson is back with BamPoker.com, part of the Facebook social gaming market.
Social casino games are reportedly played by 13 percent of all gamers.
Shuffle Master Terminates Deal With Ongame Poker
(Market Watch) - Shuffle Master, Inc. (nasdaq global select market:SHFL) ("Shuffle Master" or the "Company") today announced that after careful consideration it has decided not to proceed with the acquisition of Ongame Network Limited.
Microgaming Terminates Contract with 5050Poker: Issues Statement
As Gambling911.com reported last week, 5050Poker and Microgaming have severed ties, yet oddly enough the 5050Poker site remains up and running with the Microgaming logo appearing at the bottom.
Hollywood Poker Closes but Players Funds Appear Safe at RedKings.com
Another one bites the dust as Hollywood Poker has shut its doors for good. But unlike Purple Lounge Poker Room and Casino, which abruptly shut down last month leaving players high and dry, customer funds at Hollywood will be transferred over to RedKings.com.
Microgaming Poker Network to Introduce True Value Rake Allocation
The Microgaming Poker Network has announced plans to introduce a new rake structure beginning July 1, 2012.
Sprint Poker Goes Live at Bet365
Sprint Poker, a fast fold poker platform being offered by Bet365, is the first to go live using Playtech’s Speed Hold’em.
The new product was expected to debut in July but Bet365 apparently decided it did not want to wait that long.
Speed Hold’em mimics the popular model based on the now defunct Rush Poker, which allows quick fold pre-flop and easy transfer to a new table.
Nevada Gives Final Approval to William Hill, Others
The Nevada Gaming Commission has officially granted licenses to William Hill, Bally Technologies and International Game Technology to operate online gambling and, in the case of Hill, sports betting operations within the Silver State.
Tennis Star Rafael Nadal Becomes a PokerStars Spokesperson
Olympic gold medallist and multiple Grand Slam tennis champion Rafael Nadal has joined PokerStars, lending his support to the world’s largest online poker site and inviting sports fans to join him in playing the popular game of poker.
Intertops.com Stops Accepting New US Players Unless Invited
While no official statement has been released by Intertops.com, the oldest online gambling site in the world has stopped accepting new US registrants for the time being in all spaces unless invited by other players. This includes sports betting, poker and its online casino.
The decision appears to have been made without much notice as only yesterday the following tweet was made by Intertops:
Fertitta Interactive LLC to Release its Real Money Online Poker Site Ultimate Poker
Fertitta Entertainment, owners of the Ultimate Fighting Championship, have announced they are ready to unveil their “real money” and social gaming online poker site, Ultimate Poker, by week’s end.
But there’s a catch.
Intertops Stops Accepting New US Players
Intertops.com, which recently became part of the newly branded Revolution Network, has stopped taking new US customers at this time.
Details of this decision were not immediately known.
Upon attempting to sign up from within the United States, the following message appears.
Thank you for your interest in Intertops! Unfortunately, we are unable to accept new customers from your country or region at this time.If you believe you received this message in error please contact our customer support team.
Speed Hold’em is Playtech’s New Fast Folding Online Poker Game
Playtech, parent company to the iPoker Network, is set to debut its own fast folding online poker game, Speed Hold’em.
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Facebook to Allow app Developers to Charge for Subscriptions
NEW YORK, N.Y. – (Associated Press) - Facebook is letting app developers charge subscription fees, in addition to existing one-time payments, for games and other applications on its site.
Facebook Inc. said on its developer blog Tuesday that the subscription feature will be available in July. The changes open up a new revenue stream for developers as well as for Facebook, which takes a 30 per cent cut from all payments on its site.
Cake Poker $100k Tournament Hosted 748 Players
Cake Poker hosted its $100k GTD ($109) Sunday at 8 pm GMT. This past Sunday’s event featured 748 players with a serious overlay value and ended up awarding $18,750 to a player by the name of “makkar”.
Sunday's $65K GTD Super Stack ($530) also offered an overlay with 98
players, awarding $17,875 to player with the handle “Suvaline.4”.
Churchill Downs Looking for Acquisitions
By BRUCE SCHREINER, Associated Press –
The track also has dabbled with night racing since 2009. Attendance for the 15 night racing events since that time has averaged 26,000 fans, more than three times the attendance on equivalent days, the company said.
Night racing features music and other fan-friendly offerings along with racing.
"While the broad thoroughbred racing industry may be in decline, there is still a growing, profitable market for top-flight racing combined with entertainment," Evans said.
More Delays in UB.com Exec Brent Beckley Sentencing
As reported by PokerFuse.com, attorneys representing an executive from UB.com are seeking to delay sentencing of their client even further.
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Pinnacle Entertainment Acquires Heartland Poker Tour
LAS VEGAS — (Associated Press) - Casino operator Pinnacle Entertainment Inc. is buying the owners of a televised poker tournament, the Heartland Poker Tour, so it can work the poker matches more closely into its casinos and expand the tournament.
Grand Prix 2012 Crescent Street – Camasino.com not Rattled by Student Protests
The Grand Prix in Montreal was surely an interesting one! The students protested every night on Crescent Street where all the action was for fans that came in from every corner of the world.
Camasino.com was one of this year’s sponsors and despite the all the turmoil the fans and the Camasino Girls had a great time.
Online Gambling Site BetED.com Software Programmer Sentenced
A software programmer with the now defunct online gambling website BetED.com have been sentenced.
Darren Wright and David Parchomchuk were caught up in a sting operation run by the US Attorney’s Office out of Maryland in May of last year. Agents with that office set up a phone payment processing company and transferred millions of dollars in funds on behalf of BetED.
WBO Final Decision Could Result in More Sportsbooks Refunding Pacquiao Bets
With the highly controversial Manny Pacquiao vs. Timothy Bradley fight currently under review by the WBO, many are left wondering if their Pacquiao bets will ultimately be refunded.
Bradley was declared the winner by split decision Saturday night, however, nearly everybody else seemed to feel they were watching a different fight whereby Pacquiao was the victor. Most boxing experts tend to agree as well.
PokerStars.es Debuts in Number 9 Position
Just as Revolution Gaming, Microgaming and the Merge Gaming Network had been fighting for the coveted number 9 position of most trafficked online poker networks, along comes PokerStars.es.
The Spain licensed online poker rooms/networks will now be counted separately following that nation’s new regulations.
888Poker.es bragged of being number two in the market but rank all the way down at number 27 worldwide.
Manchester United IPO: Will Trade in the United States
Reuters was reporting that Manchester United has ditched its plans to list on the Asian Stock Market in favor of an IPO in the United States.
Man United has won a record 19 championships and is among the most wagered on club in all of football. They declined to comment on the report.
OnGame Gets Serious Foothold in Nevada Online Poker Market
Aristocrat Technologies and Bally Technologies have combined forces with Shuffle Master in an effort to gain a foothold in the lucrative US online poker market, via Nevada. The beneficiary of this arrangement will no doubt be Ongame poker. Its software platform is being utilized as part of the deal.
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Wynn Resorts Applies for Nevada Online Poker License: In Talks With Zynga
Wynn Resorts has applied for an online poker license in the state of Nevada this week, possibly signaling the entry of Zynga into the real money poker arena in the United States.
Wynn had entered into a partnership with PokerStars just weeks before that company was indicted by the US Justice Department last year. It immediately pulled out of that arrangement.
Entraction Poker Network Seeks Nevada Approval Despite Purple Lounge Debacle
Despite its hosting a now failed online poker room, the Entraction Poker Network is moving full steam ahead to try and obtain a license to operate a Web card room within the state of Nevada. Entraction is owned by Swedish gaming firm International Game Technology (IGT).
William Hill Finally Receives Approval to Operate in Nevada
After an excruciating process, the United Kingdom’s largest bookmaker William Hill has finally gained access into the US market after Nevada regulators approved its application to run a handful of sports betting enterprises.
