Business/Financial
Stan James Buys Interest in US-Based Online Horse Racing Site
Betsson Latest Online Gambling Firm Sees Huge 3rd Quarter Results
Gambling Shares A Beacon in Tough Economy
While there continue to be few bright spots in the world economy, gambling shares both online and in the Asian gaming Mecca of Macau, continued to defy the trends.
3rd quarter results this past week at major online gambling venues and the introduction of betting exchange Betfair to the London Stock Exchange with an IPO of $2.84 billion have many investors excited.
Betfair Shares Start Off Strong
Betfair’s listing on the London Stock Exchange this past Thursday started off with a bang. The company’s shares rose almost 20pc the very first day of trading.
The 10-year-old company and world’s largest betting exchange is valued at £1.6billion, while co-founders Edward Wray and Andrew Black stand to make £18.9m and £16.6m, respectively, from the flotation.
PartyGaming Announces 3rd Quarter Results: Poker Sales Fall
Bookmaker Wrong on Back To The Mac Event “Lion”
Bookmaker.com, which garnered plenty of good press on Tuesday with its odds on the “Back to the Mac” event, will have to pay out money on one of its offerings.
Bookmaker: Children’s Place, Aeropostale Most Likely to be Bought Out Next
Lender HBOS Played Major Role In Lending to Struggling Casino Sector
Leisure & Gaming Only Trying to Sell Betshop
(SHARECAST) - Hard-up online betting group Leisure & Gaming has confirmed it’s in talks to sell trading subsidiary Betshop Group (Europe) Limited, not the whole company.
"Further to the announcement of yesterday, the company confirms that it is in discussions re the sale of its trading subsidiary, Betshop Group (Europe) Limited, only and is not seeking or expecting any offers for Leisure and Gaming plc," it said in a statement Tuesday.
Ladbrokes Reports Strong Results Thanks To World Cup
Strong third quarter results are being attributed to the summer’s World Cup betting at Ladbrokes.
Las Vegas 4 Day Vacation For Just $135 Including Air
They can’t even give Las Vegas away these days it seems.
Gambling911.com came across this recent bargain via Travel Zoo:
Macau Gambling Revenue Jumps 40 Percent
Shares in some of the major casino companies rose following news that Macau’s revenue had climbed 40 percent compared to this time last year.
Jenny Woo Becomes One of the Bros at Saturday’s BroCon Conference
BroCon is a conference for the billion dollar “guy” market. Represented at this past Saturday’s conference at the exclusive New York Athletic Club (founded in 1886) were speakers from Maxim Magazine, AskMen.com, men’s apparel companies, Lacrosse industry professionals and players, entertainment attorneys and more. Gambling911.com was the only company representing the billion dollar online gambling industry, though it had company in the publishing media market.
