Business/Financial
Zynga Adds Bingo Game to Facebook
Gaming powerhouse Zynga has just introduced a brand new Bingo game.
Submitted by Aaron Goldstein on Thu, 01/26/2012 - 15:57
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Zynga Named Among Worst Performing US IPOs of the Year by Forbes
Zynga, which operates the largest online poker room in the world, was named among the worst performing IPOs of the year 2011 by Forbes.com.
Submitted by Aaron Goldstein on Tue, 12/27/2011 - 17:19
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Shufflemaster, OpenBet Apply for Nevada Online Poker License
Shufflemaster has applied for a license to operate an online poker venture in the state of Nevada.
Submitted by Aaron Goldstein on Mon, 12/19/2011 - 11:42
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Ladbrokes Ends Acquisition Talks With Sportingbet
Ladbrokes and Sportingbet announced on Monday the two gambling firms have terminated merger talks as part of a mutual agreement.
Submitted by Aaron Goldstein on Mon, 10/10/2011 - 08:14
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Betfair’s Mixed Bag Following Expected Drop in 1st Quarter 2011 Revenue
The world’s largest online betting exchange, Betfair, witnessed an expected first-quarter drop in revenues of 7 percent, though trading in the second quarter has been deemed “encouraging”.
Submitted by Aaron Goldstein on Tue, 09/06/2011 - 21:59
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Sportingbet Trading on London Stock Exchange Suspended
One of the largest online sports betting firms in the world, Sportingbet, has suspended trading on the London Stock Exchange.
Submitted by Aaron Goldstein on Tue, 08/16/2011 - 08:21
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Las Vegas Hilton Goes Into Default
The iconic Las Vegas Hilton appears to be yet another casualty of the world economic crisis, reporting another quarterly loss and admitting it has skipped interest payments.
Submitted by Aaron Goldstein on Wed, 08/10/2011 - 17:27
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Unibet 2011 First Half Numbers Falls 11 Percent
“Strong underlying results”: That’s how Unibet CEO Henrik Tjärnström described his company’s less-than-stellar 2011 first half results.
Submitted by Aaron Goldstein on Wed, 08/10/2011 - 11:40
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Watch Those Online Gambling Shares on Wednesday With Full Tilt Poker Still in Limbo
Following an announcement that the world’s second largest online poker room had its license yanked on June 29, shares of Internet gambling companies trading on the London Stock Exchange surged.
Submitted by C Costigan on Tue, 07/26/2011 - 20:35
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Las Vegas Sands Posts $367.6M Profit in Second Quarter
Casino-resort operator Las Vegas Sands Corp. said Tuesday that it earned $367.6 million for the second quarter, reversing a loss of $4.7 million a year earlier as its revenue rose almost 50 percent.
Submitted by Guest on Tue, 07/26/2011 - 20:16
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Coral Welcomes Andy Hornby as New CEO
Andy Hornby has begun his reign as Chief Executive of Coral, one of the world’s biggest bookmakers.
Submitted by Aaron Goldstein on Mon, 07/18/2011 - 21:45
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Will The Sun on Sunday Replace The News of the World? Victor Chandler has Odds
Another interesting twist is when News International will launch a version of the "Sun on Sunday" and VC feel it won't be that long.
Submitted by Aaron Goldstein on Thu, 07/14/2011 - 21:03
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Nevada Gaming Revenues Up 16 Percent
Nevada casinos posted a big gain in May, reporting a total gambling win of $984 million, an increase of nearly 16.2 percent compared with the same month a year ago
Submitted by C Costigan on Tue, 07/12/2011 - 10:01
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PokerStars Lands Former Disney Exec
Mickey Mouse’ old boss, Eric Hollreiser, is now working for the world’s largest online poker room, PokerStars.
Submitted by Aaron Goldstein on Thu, 07/07/2011 - 09:19
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PartyGaming Share Price Shoots Up 11.4% on News of Full Tilt Poker’s Like Demise
PartyGaming’s share price shot up to 148.20 on the day or 11.43 percent.
Submitted by Aaron Goldstein on Wed, 06/29/2011 - 21:09
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Rank Group Vulnerable to Potential Takeover, Delisting on Stock Exchange
Ian Burke, chief executive of the Rank Group since March 2006, and Paddy Gallagher, finance director of Rank since June 2008, have abruptly stepped down from their positions this week
Submitted by Aaron Goldstein on Tue, 06/28/2011 - 09:43
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Betfair Share Price Plummets 47 Percent: CEO David Yu to Step Down
After seeing its share price plummet 47 percent since going public last October, the European betting exchange Betfair has announced its CEO David Yu will be stepping down prematurely.
Submitted by Aaron Goldstein on Mon, 06/27/2011 - 10:01
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Las Vegas the New Detroit?
With a foreclosure crisis that has been out of control in recent years, Las Vegas may quickly spiral to become the new Detroit.
Submitted by Aaron Goldstein on Tue, 06/07/2011 - 11:28
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Las Vegas Falls to Number 3 Behind Macau, Singapore of top Gambling Destinations
Las Vegas is now the number three gambling destination in the world, falling behind Macau and Singapore
Submitted by Aaron Goldstein on Tue, 06/07/2011 - 08:36
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FORFEITURE COMPLAINT FILED AGAINST ACCOUNTS MAINTAINED BY E-GOLD
Baltimore, Maryland - A civil forfeiture complaint was filed today for the forfeiture of the value of all e-metal accounts recorded and maintained by e-gold, Ltd (EGL ), a company that was engaged in the business of exchanging traditional forms of currency for precious metals held in electronic form (“e-metals” or “e-gold”) and settling payer initiated transfers of e-metals from one customer account to another.
Submitted by Payton on Mon, 06/06/2011 - 13:26
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Spirit Airlines Keeps Las Vegas Fares Low in Key Markets
Spirit Airlines manages to keep fares to Las Vegas out of Los Angeles, Dallas super low compared to nearby markets
Submitted by Aaron Goldstein on Thu, 06/02/2011 - 08:48
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Dow Hits Lowest Point on Year
The Dow and S&P 500 hit its lowest mark for 2011 on Wednesday.
Submitted by Aaron Goldstein on Wed, 06/01/2011 - 17:15
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Allegiant Air Flights to Las Vegas not all They’re Cracked up to be
With one of its key focus cities being Las Vegas, Allegiant Air claims that flights to Sin City from certain markets are not making money for the airline, even if the airplane is completely full.
Submitted by Aaron Goldstein on Sat, 05/28/2011 - 23:19
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Zynga IPO Could Happen in June: Company Worth $10 Billion
The popular social gaming and poker company Zynga is expected to file for an IPO some time in June, though most of the speculation is focusing on the later part of the month.
Submitted by Aaron Goldstein on Fri, 05/27/2011 - 16:01
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Zynga IPO Could Happen in June: Company Worth $10 Billion
The popular social gaming and poker company Zynga is expected to file for an IPO some time in June, though most of the speculation is focusing on the later part of the month.
Submitted by Aaron Goldstein on Fri, 05/27/2011 - 16:01
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