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Gambling Companies

Gambling Companies, Gambling Stocks

Bwin.Party on Verge of Breaking Up?

Bwin.Party on Verge of Breaking Up?
The party might be over for Bwin.Party.  Rumors surfaced this week that the world’s largest publicly traded online gambling firm is on the verge of breaking up.

Harrah’s Fined for Underage Drinking in AC

Harrah’s Fined for Underage Drinking in AC
Two Atlantic City casinos have been fined a total of $66,000, with the bulk of the fines levied against Harrah's Resort Atlantic City for letting underage patrons gamble and drink.

Verdict Upheld Against ‘Girls Gone Wild’ Founder in Wynn Slander Suit

Verdict Upheld Against ‘Girls Gone Wild’ Founder in Wynn Slander Suit
An appellate court on Monday upheld a $19 million judgment against "Girls Gone Wild" founder Joe Francis in a slander case filed over his claims that casino mogul Steve Wynn had threatened to kill him.

California Tribes Worry PokerStars Might ‘Cut Their Throats’

California Tribes Worry PokerStars Might ‘Cut Their Throats’
With Gambling firm Amaya announcing the purchase of the world’s largest online poker room, PokerStars, earlier this month, the firm hopes to enter the California Web gambling market.   Not so fast.

Resorts International Inks Deal With Sportech: Could Join Forces With PokerStars

Resorts International Inks Deal With Sportech: Could Join Forces With PokerStars
An Atlantic City casino that was thwarted in its efforts to join the Internet gambling market is preparing to get in the game.

NJ's Bankrupt Revel Casino Gets Cash Lifeline to Hunt for Buyer

NJ's Bankrupt Revel Casino Gets Cash Lifeline to Hunt for Buyer
Atlantic City's bankrupt Revel Casino Hotel has received court approval to borrow $23.9 million that it said would keep the 1,400-room resort operating for the coming month as it scrambles to find a buyer.

PokerStars Commits Its Future to the Isle of Man in Wake of Amaya Takeover

PokerStars Commits Its Future to the Isle of Man in Wake of Amaya Takeover
The Department of Economic Development has welcomed the announcement that PokerStars has committed its future to the Isle of Man following its planned takeover by Amaya Gaming Group Inc. 

Pay Per Head Companies and Performance Reports

Pay Per Head Companies and Performance Reports
Just as a sports handicapper breaks down a particular matchup to uncover an edge in the betting lines for the game, as a bookmaker you need to constantly break down your business’s numbers to turn a profit...

Esquire: How Sex, Drugs and Gambling Can Help Boost a Nation’s Economy

Esquire: How Sex, Drugs and Gambling Can Help Boost a Nation’s Economy
Esquire Magazine’s digital edition featured an article Wednesday on how sex, drugs and gambling can actually help a nation’s economy. 

Pennsylvania Introduces Online Gambling Bill in Senate: PokerStars Exclusion

Pennsylvania Introduces Online Gambling Bill in Senate Amidst Controversy
Pennsylvania lawmakers on Wednesday introduced Bill 1386 in the Senate.  The bill, drafted by State Sen. Edwin Erickson, would legalize online gambling in the Keystone State.

PokerStars Buyer Will Begin Talks With New Jersey Casino Regulators to Enter Market

PokerStars Buyer Will Begin Talks With New Jersey Casino Regulators to Enter Mar
A Canadian company buying the PokerStars website will begin licensing talks with New Jersey casino regulators aimed at letting the world's largest Internet poker site operate legally in the state

Dreyfus: Online Poker is Coming to California

Dreyfus: Online Poker is Coming to California
$4.9 billion cash for a LBO to acquire Pokerstars and all its assets. US Tribes and casinos to fight to protect their interests. That’s the plot.....

Adelson Under Fire: Underage Gamblers, $1 Mil Contribution to PA Politicians

Casino magnate and GOP mega donor Sheldon Adelson is under fire for questionable political donations as well as another fine being levied against his property for allowing underage gamblers.

PokerStars, Asia Pacific Poker Tour Debuts Beijing Millions

PokerStars, Asia Pacific Poker Tour Debuts Beijing Millions
PokerStars and the Asia Pacific Poker Tour will host the inaugural Beijing Millions, scheduled for July 18th to 27th.  It is the first foray into the Chinese Mainland market for both PokerStars and the APT.

GTECH in Talks to Buy IGT

GTECH in Talks to Buy IGT
Italian lottery operator GTECH is in preliminary talks to buy Las Vegas-based International Game Technology (IGT) in a cash and shares deal

Bitcoin Community Fears 51 Percent GHash Control: Others Say It’s Armageddon

Bitcoin Community Fears 51 Percent  GHash Control: Others Say It’s Armageddon
On Friday for a period of nearly 12 hours, mining pool GHash had surpassed the 51% controlling share mark in the anonymous digital currency bitcoin and that has many watchers worried

Amaya Would Become Largest Online Gambling Company, Pave Way for California

Amaya Would Become Largest Online Gambling Company, Pave Way for California
With word that publicly traded Amaya Gaming Group has agreed to the $4.9 billion purchase of PokerStars.com, the company will become the world’s largest online gambling business.

Amaya Agrees to Acquire PokerStars, Full Tilt Poker for $4.9 Billion

Amaya has agreed to Acquire PokerStars, Full Tilt Poker for an incredible $4.9 Billion

Can Casinos Save Detroit?

Can Casinos Save Detroit?
Detroit's shaky foundation of recovery may be backed by placing bets behind its local casinos.

Dubai Businessman Iraj Parvizi Sues Les Ambassadeurs Casino for Allowing Collusion

Dubai Businessman Iraj Parvizi Sues Les Ambassadeurs Casino for Allowing Collusi
A Dubai-based businessman, Iraj Parvizi is suing London’s Les Ambassadeurs Casino for failing to prevent collusion and cheating in its establishment.

New Jersey Clarifies Online Gambling Affiliate Arrangements

New Jersey Clarifies Online Gambling Affiliate Arrangements
The New Jersey Division of Gaming Enforcement has expressed the importance of affiliate relations to the growth of its state-run online gambling industry. 

IGT Seeking Sale: Shares Hit Five-Year Record High

IGT Seeking Sale: Shares Hit Five-Year Record High
News that International Game Technology (IGT) is potentially seeking a buyer resulted in shares reaching a five-year high on Monday.

James Henderson Expected to Replace Outgoing William Hill CEO Ralph Topping

James Henderson Expected to Replace Outgoing William Hill CEO Ralph Topping
Online bookmaker William Hill is set to replace outgoing CEO Ralph Topping with the company’s current Director of Operations James Henderson, according to media reports that circulated over the weekend.

BetFred.com Pulls Out of Germany, Canada, Most Other Markets Ahead of World Cup

BetFred.com Pulls Out of Germany, Canada, Most Other Markets Ahead of World Cup
BetFred.com customers from variously countries across the globe were advised this weekend they can no longer bet online with the company.  

PokerStars Wants All-in With California Online Poker: Responds to Tribes

PokerStars Wants All-in With California Online Poker: Responds to Tribes
As Gambling911.com reported Tuesday, California’s 13 tribes have reached an agreement to allow real money online poker in the state after five years of standoff, though PokerStars was left out of the mix.
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