Gambling Companies

Gambling Companies, Gambling Stocks

Malta has Yet Another Black Eye Following Purple Lounge Shutdown

The online gambling jurisdiction of Malta has said there is little it can do about the abrupt closure of Purple Lounge Casino and Online Poker Room.

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Submitted by Gilbert Horowitz on, May/23/2012

New Facebook Casino RocketFrog Offers Real Cash Winnings: MySpace Founder Behind App

Tuesday marked the beginning of the first ever real winnings Facebook online casino, RocketFrog, and the names behind this venture are fairly well known.

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Submitted by Aaron Goldstein on, May/22/2012

Zynga Shares Tumble After Trading Resumes: ‘Real Money’ Online Poker a White Knight

Following a halt in trading Friday, Zynga shares continued to tumble with trading once again available Monday, leading many to pray harder for real money online poker to surface in the US.

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[Advertisement:  Like Zynga Poker but with webcams and real money play for those living outside the US.  American poker players welcome for free play at this time]

Submitted by Aaron Goldstein on, May/21/2012

Pennsylvania Leads U.S. in Gaming With Tax Windfall

(Bloomberg News) - - Ralph Attarian, a 47-year-old caddy, puffed cigarettes as he played a penny slot machine in Philadelphia’s SugarHouse Casino, adding to the pot of money that has helped Pennsylvania reap more tax revenue from gambling than any state for three years running.

“I just come here to kill some time,” he said one weekday morning as he tried his luck 2,500 miles (4,000 kilometers) from the Las Vegas Strip. Players such as Attarian are proving a windfall for Pennsylvania, which is using the revenue to diversify its tax base and ease property levies.

Submitted by Guest on, May/21/2012

AFL Star Tony Smith Back on Mermaid Beach: Once Sold Mega House to ‘Rat’ Daniel Tzvetkoff

AFL star Tony Smith is making a comeback on Mermaid Beach on Australia’s Gold Coast.  He just purchased a 1,220-square-metre holding on Surf Street, which runs off Albatross Avenue.

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Submitted by Ace King on, May/21/2012

Poker Pro Brian Hastings Blasts The Cosmopolitan Poker Room in Vegas

Brian Hastings, a popular poker player who has enjoyed great success online, is not exactly thrilled with The Cosmopolitan poker room in Las Vegas.

[Advertisement:  Get 36 percent rakeback - Scroll down for more]

Last year, Vegas Inc. suggested the Cosmopolitan was “too big to fail”.

Hastings pushed the “fail” button this weekend following play with the likes of Doyle Brunson, who snapped the accompanying photo of Brian. 

He tweeted: 

Submitted by Nagesh Rath on, May/19/2012

Intertops Poker Anticipates ‘Significant Increase in Ring Game Liquidity' with Revolution

Intertops Poker has expressed excitement over the rebranding of its current network to Revolution Gaming on June 1.  The world’s first online gambling website, Intertops.com said it was “expecting a significant increase in ring game liquidity, increased player-rewards and a much richer tournament schedule” as part of the changeover. 

Revolution Gaming was formed after Lock Poker entered into a deal to buy certain assets of the Cake Poker Network.  Cake Poker will continue to operate on the newly branded network. 

Submitted by Aaron Goldstein on, May/19/2012

Zynga Trading Halted After Facebook Debut Sparks 13 Percent Drop

SAN FRANCISCO -- (Market Watch -  Shares of Zynga Inc. were halted in morning trades Friday after the stock fell by more than 13 percent.

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Trading was halted after Facebook Inc. began trading in its much-awaited initial public offering.

Submitted by Guest on, May/18/2012

Mark Zuckerberg was Wearing WHAT Friday as Facebook Went Public: Hoodie and Suit Odds

Bookmaker has released odds on what Facebook founder Mark Zuckerberg will be wearing Friday as his company begins trading. (find odds here)

Submitted by Aaron Goldstein on, May/17/2012

Facebook Closing Price on Opening Day Odds Released: Betting Available

Bookmaker has released odds on the Facebook closing price at the end of opening day May 18, 2012 (find odds here).   

Facebook has priced its IPO at $38 million ahead of Friday’s opening bell.

Submitted by Aaron Goldstein on, May/17/2012

Carbon Poker Version 6.0 Software - Coming in June!

More big news in the world of online poker as Carbon Poker, the flagship brand of the Merge Gaming Network, has announced the unveiling of its 6.0 software, coming June 1, 2012.  Gambling911.com is thrilled to bring its readers a sneak preview.  We will have more teasers coming over the next two weeks. 

Submitted by Ace King on, May/17/2012

Facebook IPO Good for Internet Gambling: Zynga Should Begin Offering ‘Real Money’ Play Right Away

One of the immediate beneficiaries of this week’s Facebook IPO should be the Internet gambling industry.  Facebook has been making overtures towards the multi-million dollar sector via its hugely popular Zynga Poker platform.

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While Facebook may have to wait a little while before offering “real money” online poker to US players, the company could look to profit from jurisdictions where Web gambling is already clearly legal.

Submitted by Alejandro Botticelli on, May/17/2012

Poker Players Talk Revolution Gaming Network, Lock, Cake and Intertops

You have gotten all the news here first at Gambling911.com regarding the June 1, 2012 launch of the new Revolution Gaming Network, featuring some of the most recognized brands on the Web.  Among those top brands:  Lock Poker, Cake Poker and Intertops, which has the distinction of being the first online gambling website on the Net.  Cake and Lock are both proud sponsors of the Gambling911.com website. 

Submitted by Patrick Flanigan on, May/16/2012

Bwin.Party Sales Inch Upwards

LONDON - (Reuters) - Bwin.party digital, the world's largest listed online gaming company, said first-quarter revenue edged up and that it expects to be offered a licence to offer online gambling in Germany soon.

The company, which was formed by the merger of Austria's Bwin and PartyGaming last year, on Wednesday said revenue rose 1 percent to 215.9 million euros ($275.8 million) in the three months to the end of March as growth in casino and gaming offset weakness at its poker and bingo businesses. It added that April trade was in line with last year.

Submitted by Guest on, May/16/2012

Web Cam Online Poker Room in Isle of Man as Safe as a Vegas Casino

This week, Gambling911.com announced the beginning of an exciting new partnership with Camasino.com, a web cam online poker room based in the Isle of Man.

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Submitted by C Costigan on, May/16/2012

Online Gambling in India Surges: Nation Missing Out on $5 Billion Annually

The Times of India this week reported that India could be missing out on as much as $1.5 billion in lost tax revenue by not regulating online gambling.

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The paper cites an expanding middle class and increased Web access across the country.

Submitted by Jagajeet Chiba on, May/16/2012

Revolution Gaming to Offer Rakeback at 36 Percent, Lock Poker to Host $1 Mil Rake Chase

Gambling911.com has confirmed that the new Revolution Gaming online poker network, effective June 1, 2012, will begin to offer players an incredible 36 percent rakeback.  This is the highest rake on the current market.  Revolution Gaming will include the top brands Lock Poker and Cake Poker among others.  

The 36 percent will be paid daily into Lock Poker players accounts while other Revolution partners will have the option to do so.  At this moment only Lock is confirmed on board with the daily rakeback. 

Submitted by C Costigan on, May/16/2012

Webcam Poker and Social Media Brought to a Whole New Level With Camasino

Introducing the new Webcam poker room and a new form of social gaming, Camasino, which has joined the Gambling911.com family.  Players from around the globe are welcome to join here.

Submitted by Payton on, May/15/2012

Devilfish Poker Emailing Customers of Now Defunct Purple Lounge: Sale Possible?

CardPlayer.com was reporting that customers of now shuttered Purple Lounge have been in receipt of emails from rival Devilfish Poker.

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The two emails sent out feature no content other than the header “Devilfish Poker Welcomes Purple Lounge Player”.

Submitted by Ace King on, May/15/2012

PokerStars Officially Launches Zoom Poker

PokerStars highly anticipated Zoom Poker officially launched on Tuesday, May 15, 2012 following extensive beta testing of the product. 

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Zoom Poker is the fast action ring game that provides players with more hands in less time. 

Submitted by Patrick Flanigan on, May/15/2012

Vegas Casinos Partner Up With Online Poker Rooms With Questionable Pasts

(Reuters) - To prime itself for the U.S. debut of legal online poker, MGM Resorts International, owner of such Las Vegas Strip monuments as the MGM Grand, the Bellagio and the Mirage, wanted a partner that knew the ropes.

So last October it hooked up with Bwin.Party Digital Entertainment Plc, a London-listed, Gibraltar-based specialist that rakes in more from Web betting than any other publicly traded company. MGM Resorts took 25 percent of a new venture 65 percent owned by Bwin.Party, with smaller Las Vegas casino operator Boyd Gaming getting the remaining 10 percent.

Submitted by Guest on, May/14/2012

Two Plus Two Poker Posting Forum Back Online Following Hacker Incident

The popular Two Plus Two posting forum returned this weekend after a hacker managed to encrypt user passwords last month.  The world’s largest poker message board has been down for nearly three weeks. 

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Submitted by Ace King on, May/13/2012

MGM to Develop First Online Casino Game by June: Chairman Says Federal Law Not Happening

MGM Resorts International is looking to release its first online casino game next month (June 2012). 

Chairman James Murren referred to the game as “Casino Mogul”, however, partners of the firm have not decided on an official name as of yet.   

"Internet gaming is here!” Murren declared at the 19th annual Southern Gaming Summit.

Submitted by Aaron Goldstein on, May/12/2012

Nevada Gambling Revenue Down 10.8 Percent in March

CARSON CITY, Nev. — (Associated Press) - March was an unlucky month for Nevada casinos, when gamblers beat the house more than normal and casino revenues fell 10.9 percent from the same month last year, the Nevada Gaming Control Board reported Thursday.

Casinos won $854.6 million in March, on which the state collected $71.5 million in taxes, a 10.3 percent decline.

But regulators noted a large convention in Las Vegas last year helped boost revenue in March 2011, exaggerating the decline in the recent report.

Submitted by Guest on, May/11/2012

Radio Host Accuses EOG.com Sports Betting Forum Head John Kelly of Being ‘Deadbeat’

Los Angeles radio host Roger Stein has accused John Kelly, general manager of the sports betting website Eye on Gambling (EOG.com), of being a deadbeat!

BetOnline

"He don't pay the bills too good," Stein said of Kelly.

Submitted by Thomas Somach on, May/09/2012

Bloomberg: Cantor Fitzgerald’s Bid to Become Global Powerhouse of Sports Betting, Online Poker

Bloomberg News on Wednesday published a great read on Lee Amaitis and his goal to turn Cantor Entertainment Technology Inc. into a sports- gambling powerhouse that looks to eventually add online poker to its platform.

BetOnline

Submitted by Aaron Goldstein on, May/09/2012

Horseshoe Casino in Cleveland Expected to Attract 5 Million Per Year

Rock Gaming executive Nathan Forbes says his firm believes that the Horseshoe Casino in Cleveland will attract around 5 million visitors per year.  Rock Gaming is a majority partner in the new venture. 

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The casino on Public Square will open to the public at 9:30 p.m. on May 14 after an early-evening VIP reception and stay open 24 hours a day, seven days a week thereafter.

Submitted by Aaron Goldstein on, May/09/2012

Titan Discharges All Poker Pros

In a shocking move, Titan Poker has cut ties with its professional poker player representatives this week. 

Marvin Rettenmaier took to his Twitter page to break the news:

“@titan_poker has decided to part ways with its Pro Team. I am very thankful for the opportunities and I had a great time representing them.”

British poker pro Sam Trickett was also let go.

Both Trickett and Rettenmaier signed contracts with the online poker room back in March of 2010. 

Submitted by Aaron Goldstein on, May/09/2012

Gree Inc Brings Down Japan’s Nikkei as Agency Clamps Down on Gambling

Japan's Nikkei share average fell 1.5 percent on Wednesday to a fresh three-month closing low as concerns grew that Greece could reject its hard-won bailout deal with international lenders that saved it from a disruptive bankruptcy.  But it wasn’t all about Greece.  A gambling clampdown also played a major role in Wednesday’s poor showing. 

Submitted by Aaron Goldstein on, May/09/2012

Doubt Shed on a Chris Christie About Face Related to Internet Gambling

John Brennan, reporter for the Bergen Record, shrugged off the notion that New Jersey Governor Chris Christie has turned his back on legalizing Internet gambling and bringing sports betting to the Garden State. 

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Submitted by C Costigan on, May/08/2012

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