Gambling911.com - US Financial News

Spencer Bachus: 60 Minutes Segment a Hit Job

Aaron Goldstein — Thu, 17 Nov 2011 03:50:32 +0000

Alabama Republican Congressman and strong advocate for online gambling prohibition, Spencer Bachus, denied he engaged in any form of “insider trading”.

Absolute Poker Money Return Agreement with U.S. Department of Justice

Payton — Mon, 06 Jun 2011 23:17:26 +0000

The United States District Attorney's office has entered into an agreement with Absolute Poker/Ulimate Bet to return funds to poker players.

FORFEITURE COMPLAINT FILED AGAINST ACCOUNTS MAINTAINED BY E-GOLD

Payton — Mon, 06 Jun 2011 18:26:09 +0000

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.

Dow Hits Lowest Point on Year

Aaron Goldstein — Wed, 01 Jun 2011 22:15:26 +0000

The Dow and S&P 500 hit its lowest mark for 2011 on Wednesday.

Zynga IPO Could Happen in June: Company Worth $10 Billion

Aaron Goldstein — Fri, 27 May 2011 21:01:19 +0000

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.

Zynga IPO Could Happen in June: Company Worth $10 Billion

Aaron Goldstein — Fri, 27 May 2011 21:01:06 +0000

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.

Macau Casino Stocks May See Short Term Drop Second Half of 2011

Aaron Goldstein — Tue, 24 May 2011 17:36:32 +0000

Credit Suisse Group AG Hong-Kong-based analyst Gabriel Chan provided a less-than-optimistic outlook for Macau casino stocks

Yandex: Biggest 2011 Tech IPO

Aaron Goldstein — Tue, 24 May 2011 16:37:00 +0000

Russia’s most popular Internet search engine has gone public, jumping 38 percent on the Nasdaq Stock Market after raising $1.3 billion in an initial public offering

DOJ indicts founders of top US online poker sites - UB.com & Full Tilt

Payton — Fri, 15 Apr 2011 19:20:13 +0000

Federal authorities unsealed an indictment Friday against the founders of the three largest internet poker companies operating in the U.S.

New Jersey Gov. Chris Christie Vetoes Online Gambling Bill

Payton — Thu, 03 Mar 2011 18:58:14 +0000

New Jersey Gov. Chris Christie vetoed a bill that would have made his state the first in the U.S. to re-introduce online gambling.

Gov. Chris Christie Extension : Gaming in Waiting

Payton — Tue, 22 Feb 2011 03:56:30 +0000

Extra wait-time means extra uncertainty for gambling supporters and everyone who will live under the new law.

Vegas Airline and Casinos To Funnel Gamblers to Nevada

Payton — Mon, 21 Feb 2011 22:30:17 +0000

A new charter airline plans this summer to launch casino-themed service between Las Vegas and New York City.

Apple Users Rejoice Over New Sports Handicapping App

Payton — Fri, 12 Nov 2010 17:14:04 +0000

Get your iPads and iPhones out, as there is a new app now allows sports enthusiasts to receive free handicapping advice on 1-3 games daily.

Winning Sports Advice APP Offers Direct Picks

Payton — Fri, 05 Nov 2010 14:40:13 +0000

At this writing, in the fall of 2010, there are 120 million Apple mobile devices. 250,000 Apps will generate $3 billion in 2011.

Las Vegas Economy Hangs by a Thread

Adm1n — Mon, 21 Jun 2010 14:42:04 +0000

A turnaround in Nevada's economy hinges on recovery in the national economy, a university economist stated this week.

Markets Tank: Wall Street Stocks Down More Than 2 Percent

Aaron Goldstein — Thu, 20 May 2010 18:16:51 +0000

It was another nail biter on Wall Street today as stocks fell more than 2 percent.

City Center Las Vegas Continues to Struggle

Payton — Tue, 11 May 2010 22:15:25 +0000

MGM Mirage's CEO stated that despite operating losses and a write-down on its CityCenter joint venture, the casino operator has solid plans to attract more customers to struggling Las Vegas.

Unemployment Up to 9.9%: Betting Market Grim Forecast

Aaron Goldstein — Fri, 07 May 2010 22:21:51 +0000

The economy added a net 290,000 jobs but that didn’t stop unemployment from going up to 9.9% from 9.7% last month.

Sabotage Not Ruled Out In Wall Street Plunge: Bettors React

Aaron Goldstein — Fri, 07 May 2010 21:46:24 +0000

President Obama has not ruled out sabotage in Thursday’s shocking near 1,000 point loss on the Stock Exchange after rebounding later in the day.

Legal Online Gambling in the US Would Create 32,000 Jobs

Aaron Goldstein — Tue, 20 Apr 2010 14:31:00 +0000

A study released by H2 Gambling Capital suggests that some 32,000 jobs can be created in the United States with the legalization of online gambling.

Newspaper Industry Looks to Online Gambling to Boost Profits

Greg Tingle — Thu, 15 Apr 2010 23:42:47 +0000

Mainstream newspapers in Australia and the United States are starting to plug into the streets paved with gold - online gambling, following the lead from our United Kingdom based media mates.

Steve Wynn Divorce Among Most Expensive

Thu, 15 Apr 2010 14:19:13 +0000

Steve Wynn’s $1 billion divoce may be the most expensive ever, at least according to Wynn. He and his wife Elaine split their 38 percent stake in Wynn Resorts Ltd. Elaine walked away with $955 million in stock.

Gambling in Hawaii: Wipe Out

Payton — Fri, 26 Feb 2010 14:51:50 +0000

A move to legalize casino gambling at the Hawaii Legislature this session is now dead.

Alabama Baptists and Casino Supporters Clash

Payton — Wed, 24 Feb 2010 15:26:37 +0000

In Alabama, God Hates Gambling.

North American Poker Tour Exposes PokerStars

Jagajeet Chiba — Thu, 07 Jan 2010 00:27:45 +0000

A lucrative sponsorship deal of the North American Poker Tour will further help to boost market share for online poker's largest room, PokerStars.com. There is a downside to all of this as Gambling911.com has been reporting on extensively throughout the second half of 2009.