Gambling Companies

Gambling Companies, Gambling Stocks

888 Sales Down Mostly Due to Exchange Rates Swing

(Bloomberg) -- 888 Holdings Plc, the second-largest U.K.

Submitted by Guest on, Nov/17/2008

Cake Poker Begins Blocking Customers From Kentucky

Chatter among popular internet poker forums has been that the Kentucky ruling regarding

Submitted by Guest on, Nov/14/2008

Asia Casinos Could Suffer Severely With Economic Downturn

Forget the idea that gambling is "recession proof".  Las Vegas was among the first to start reporting drastically declining revenues and layoffs long before any "Wall Street Bailout

Submitted by Guest on, Nov/14/2008

Cryptologic Merges With Boss Media

In a deal worthy of giants, CryptoLogic, an online pioneer and one of the world's largest online gaming software firms, has reached a landmark partnership with Boss Media AB, a subsidiary of GTECH

Submitted by Guest on, Nov/13/2008

Greece Shuts Down Stanleybets Betting Outfits

ATHENS, Nov 10 (Reuters) - Greece has shut down UK-based fixed-odds betting firm Stanleybet's two shops in the country for violating a law that protects Greek OPAP's betting monopoly, Stanleybet

Submitted by Guest on, Nov/10/2008

Paddy Power Removes Obama Assassination Odds Following Public Outcry

Irish bookmaker, Paddy Power, has decided to remove odds on P

Submitted by C Costigan on, Nov/09/2008

Microgaming Online Gambling Software Website To Block All US Traffic

Gambling911.com has learned that effective Monday, Microgaming - a leading software provider for online casinos and poker sites based in South Africa and the Isle of Man - will begin blocking all U

Submitted by C Costigan on, Nov/06/2008

Las Vegas Sands Plunges on Default, Bankruptcy Risk

Nov. 6 (Bloomberg) -- Las Vegas Sands Corp., billionaire Sheldon Adelson's casino company, plunged in New York trading after saying it may default on debt and face bankruptcy.

The casino owner, which had $8.8 billion in long-term debt at the end of June, said in a regulatory filing today that it probably won't meet the requirements of some loans unless it cuts spending on development projects, boosts earnings at its Las Vegas Strip casinos and raises more capital.

Submitted by Guest on, Nov/06/2008

Court Approves $15 Million Settlement in UltimateBet Matter

Tokwiro Claimed Damages As A Result of UltimateBet Cheating Scandal Refunds To Affected Players Completed

Submitted by Guest on, Nov/06/2008

World Poker Tour Enterprises, Inc. Reports 3rd Quarter 2008 Financial Results

WPTE 0.39, 0.00, 0.0%) today announced financial results for the third quarter ended September 28, 2008. Business highlights for the quarter included the delivery of three episodes of Season Six of the World Poker Tour(R) ("WPT") television series and signing a broadcast license agreement with Fox Sports Network ("FSN") to air 26 all-new, one hour episodes of Season Seven of the WPT television series in the United States, across FSN's national sports cable network.

Submitted by Guest on, Nov/04/2008

Microgaming Website Down: A Kentucky Casualty?

On Tuesday morning, one of the online gambling industry's largest software providers, Microgaming, was not online.  The dreaded "Site Not Available" appeared when anyone tried to type in

Submitted by C Costigan on, Nov/04/2008

Bodog Internet Gambling Leads to Money Laundering Charges

As widely feared, reports surfaced on Thursday that charges have been levied against Bodog and its falling Internet gambling empire.

Federal authorities in Maryland have filed money-laundering charges against two men, Edward Courdy and Michael Garone, who have figured in an ongoing investigation into Bodog, according to the Baltimore City Paper.

Submitted by C Costigan on, Oct/30/2008

Poker Company Challenging NY State Gambling Laws

In light of the outlawing of most forms of online and live gaming, a relatively new trend has popped up.  Most commonly known as bar poker leagues, these are free to the public and most times host

Submitted by Guest on, Oct/29/2008

William Hill Price Cut On Gambling Fears

LONDON (SHARECAST) - Concerns over the future of the highly lucrative fixed-odds betting terminals has contributed to US bank slashing its target price for bookie William Hill.

There is evidence to suggest that the betting terminals are a contributory factor in gambling addiction, and with a Gambling Commission report due to be published next year, Citigroup believes there is a danger they may be banned from betting shops.

The Commission could also contemplate an increase in machine gaming duty.

Submitted by Guest on, Oct/28/2008

Bodog’s Fall From Grace Continues

BodogLife.com - once the envy of online gambling operators everywhere - continues to struggle and perhaps nowhere is this more evident than by checking their stats at

Submitted by Payton on, Oct/24/2008

Former BoS Executive: The Customers Will Receive Some Payment

Gambling911.com reporter Jenny Woo continues her interview with former BetonSports COO, Clive Archer.

Submitted by Jenny Woo on, Oct/23/2008

UK Will Not Go Ahead With Sale of State Run Bookmaker

(Reuters) - The British government said on Wednesday it would not go ahead with the planned sale of state-owned bookmaker, the Tote, this autumn due to current market conditions.

'I have now concluded that it is not appropriate to pursue a sale in these market conditions. I have therefore decided that the Tote should be retained in public ownership for the medium-term, and brought to the market when conditions are likely to deliver value for the taxpayer and racing,' Minister for Sport Gerry Sutcliffe said in a statement to Parliament.

Submitted by Guest on, Oct/22/2008

Paddy Power to Open New Online Bookmaking Shops

Despite the downward economy, Ireland's largest bookmaker continues to prosper it seems.

Paddy Power, which recently joined the Gambling911.com family of fine sponsors, has announced plans to open several new betting outlets in the North west region of England.

Submitted by Jagajeet Chiba on, Oct/22/2008

Former BetonSports Executive: It Was Like a Jigsaw

Gambling911.com's Jenny Woo recently spoke with BetonSports former COO, Clive Archer.

Submitted by Jenny Woo on, Oct/22/2008

Lasseters Shuts Down Entirely

Once the premiere sports betting and online casino operation based in Australia, Lasseters has announced it is closing for good.

Chief Operating Officer Brian Gordon advised in an email to Online-Casino.comthe directors had subsequently taken the decision to cease accepting wagers on Lasseters Sportsbook and to close the business.

Submitted by C Costigan on, Oct/21/2008

Latin Series of Poker Joins Forces with PICClub Pro Team

In order to help make the inaugural edition of the LSOP (Latin Series of Poker) an immediate success, PICClub has joined forces with LSOP Management to help draw attention to the event by bringing

Submitted by Guest on, Oct/20/2008

William Hill Acquiring Parts of Playtech

The United Kingdom's second largest bookmaker, William Hill, is reportedly acquiring parts of online casino software giant Playtech according to

Submitted by Jagajeet Chiba on, Oct/20/2008

Cryptologic Joins Forces With PartyGaming

CryptoLogic Limited, a leading software developer to the global Internet gaming market, announced today that it is embarking on a focused strategy centred on its highly successful Internet casino b

Submitted by Guest on, Oct/20/2008

Bodog May Lose Domain Name Again

One of the big stories last year was Bodog.com losing its domain name following a much publicized trademark dispute.

Submitted by C Costigan on, Oct/17/2008

Kahnawake to Show Up in Kentucky for Online Gambling Sites?

A Kentucky judge ruled Thursday that 141 online gambling domain names are to be seized on November 17 unless owners of the cited domains show up in a Frankfort, Kentucky circuit court to demonstrat

Submitted by C Costigan on, Oct/16/2008

Obama Declared New President of the United States...By Irish Bookie

Obama is the next President of the United States!

Submitted by C Costigan on, Oct/16/2008

US Casino Giants Mull Online Gaming Moves

The chief executive of the American Gaming Association (AGA) now sees a majority of the world's largest casino companies moving towards a partial embrace of internet gambling.

Submitted by Guest on, Oct/16/2008

Sportingbet Not Affected by Economic Woes: Revenues Up 23 Percent

Online gambling firm, Sportingbet, has witnessed revenues increasing up to 23 percent to the end of July, up to £147 million, driven by its performance in Europe and Australia in particular.

Submitted by C Costigan on, Oct/15/2008

Is Rough Economy Hurting Poker? Online and Brick and Mortar Evidence

Gambling911.com speaks to many online poker affiliates on a regular basis. The consensus is clear: revenues are down thus far in October, way down.

Submitted by C Costigan on, Oct/14/2008

NETeller plans to change name to NEOVIA Financial

(Reuters) - British online payments processor NETeller Plc on Thursday said it was planning to change its name to NEOVIA Financial Plc, effective Nov. 17.

The company, famed for being the first corporate scalp in a U.S. clampdown on internet gambling in 2006, said the name change, part of a year-long rebranding process, will differentiate it from the group's operating brands of NETELLER, NETBANX and Net+.

Submitted by Guest on, Oct/09/2008

Breaking News

Sweepstakes Casinos: A New Direction For Gambling

Sweepstakes Casinos: A New Direction For Gambling

The world of casino games is constantly evolving and we are seeing new trends emerge that might change the future of online gambling. The most recent viral trend that is taking the online casino industry by storm is called sweepstakes casinos. So, what are they and how they can change the entire industry?