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Gambling Companies, Gambling Stocks
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It’s something that many of us thought we would never see in our life times: Legalized sports betting in the United States. But now, that time may be arriving swiftly.
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Australian gambling magnate James Packer reportedly lost almost $700 million of the value of his stake in Crown Resorts this week alone.
The sportsbooks endured a double whammy Thursday night with Green Bay’s big win over Chicago.
One of the key factors in building and growing an independent sports bookmaker business into a long-term profitable venture is the ability to develop multiple streams of revenue.
Australia's top casino operator Crown Resorts said on Thursday no charges had been laid against 18 of its staff held in China for alleged gambling crimes.
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Live in-game betting for any sporting event has become big business for independent sports bookmakers and the action really heats up during football season.
Chinese authorities have detained 18 Crown Resorts on suspicion of gambling offenses. Each is facing up to 16 months prison time, it was revealed on Tuesday.
Following a stern warning issued by the Washington State Gaming Commission, game developer Valve, which is based in the state, dismissed the allegations that claim it engages in illegal gambling.
Billionaire James Packer, the majority owner of Australian Crown Resorts Ltd, said on Tuesday he was very concerned for 18 company employees detained in China for suspected "gambling crimes."
Alabama has one of the most concentrated College Football fan bases in the United States with two schools – The University of Alabama and Auburn – dominating.
On Sunday, Gambling911.com reported on how Chinese officials had detained a number of employees of Australian casino firm Crown, owned by gambling magnate James Packer.
It can be a very tough business environment for an independent sports bookmaker when it comes to competing against the big offshore sportsbooks operating online.
Alabama has an exceptionally large sports betting population thanks solely to its two big College Football programs.
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Game developer CCP has announced that gambling on its popular Eve Online game will become illegal effective November 8.
Online casino packed into Apps with all of the games or most of the games represented is an important advance. For a while, people have had to limit themselves when it came to the games that they could play. The real money slots that were available in mobile form were fewer in number than the slot games that were available on desktop computers.
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Billionaire Carl Icahn would not be able to retain the casino license for his now-shuttered Trump Taj Mahal under a measure making its way through the state Legislature.
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Trump Taj Mahal, the Atlantic City casino-hotel Donald Trump once suggested was proof of his deal-making mastery, closed for good on Monday, putting 3,000 people out of work and further eroding the Republican’s message that he is an unmatched business success.
Football season is the big money maker for all bookies, no one ever expects to lose clients during the busiest time of year, however, every year, countless agents lose a considerable portion of their business due to bad service.
Canadian online gambling company Amaya Inc (AYA.TO) (AYA.O) and British bookmaker William Hill Plc (WMH.L) said they were in talks to combine in a merger of equals, confirming a Reuters report about the discussions earlier on Friday.
Stocks in the UK’s largest bookmaker surged Monday on news that William Hill was considering a merger with the world’s largest real money online poker room, PokerStars.
The bookies were hurting with a strong appearance by New England covering against Cleveland. That said, Dallas more than covered against the Cincinnati Bengals.
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The weather outside is frightful throughout much of the northern portion of the United States to close out the week as the first artic blast of this new fall/winter season debuted.