Business & Financial

Online Poker Traffic Continues to Rise: Cereus Back in 6th

The online poker traffic monitoring website,, reports that there has been an overall rise of 2 percent in number of "real cash" players at the Internet poker rooms.

Submitted by Guest on, Aug/18/2009

Ladbrokes Inks Deal With Cryptologic

Monday, CryptoLogic Ltd.

Submitted by Guest on, Aug/17/2009

Electronic Media, Blogs Big Win With Court Ruling

The Honorable Judge Laura Taylor Swain handed down her decision in the New York Circuit Court Tuesday declaring that the US Government was not entitled to withhold information from electronic media news sites related to sealed indictments.  Her ruling is significant for all online media outlets whether it be the Huffington Post, The Daily Beast, Perez Hilton or

Submitted by Jagajeet Chiba on, Aug/12/2009

Trump Casinos Post $443 Million Loss

Donald Wittkowski, Press of Atlantic City

ATLANTIC CITY - Trump Entertainment Resorts Inc., currently in the midst of an ownership fight between Donald Trump and corporate bondholders, fell to a huge loss in the second quarter, reflecting the lower value of two of its three casinos.

The company reported a net loss of $443.1 million, or $13.97 per share, compared to a net loss of $29.8 million, or 94 cents per share, in the same quarter last year.

Submitted by Guest on, Aug/11/2009

Full Tilt Poker Room Historic Customer Numbers

Submitted by Jagajeet Chiba on, Aug/11/2009

Hard Rock Hotel, Atlantic City Casinos Continue to Hurt

The recession is still taking its toll on the casino industry.  Atlantic City in particular is getting decimated. 

Submitted by Jagajeet Chiba on, Aug/10/2009

Unibet Reports Strong Growth in Live Betting

Unibet, the Swedish online gambling firm, has reported its earnings for the second quarter of 2009.

Submitted by Guest on, Aug/10/2009

What Does Illness of Stanley Ho Mean to Macau?

HONG KONG, Aug 6 (Reuters) - Veteran 87-year-old Macau gaming tycoon Stanley Ho is in intensive care after undergoing brain surgery to remove a blood clot, raising questions over the succession of

Submitted by Guest on, Aug/10/2009

Newspaper Industry Could be Saved by Online Gambling

How's this for some "out of the box" thinking?

Submitted by Jagajeet Chiba on, Aug/07/2009

Ladbrokes Profits Drop: Moving Online Unit to Gibraltar

By David Altaner

Submitted by Guest on, Aug/06/2009 Says It Is Nearing a Purchase

An online gambling company, 888, said Monday that it was close to making an acquisition after strong trading from its casino, bingo and sports betting Web sites led to an improved

Submitted by Guest on, Aug/04/2009

Stanley Ho Recovering After Surgery

Macau gambling magnate, Stanley Ho, is recovering after undergoing surgery for an unspecified condition.   

News of the 87-year old's hospitalization emerged early Tuesday in Asia.

Submitted by Jagajeet Chiba on, Aug/04/2009

World Poker Tour Sold for $9.075 Mil

WPT Enterprises, Inc.

Submitted by Guest on, Aug/04/2009

William Hill Disappointing Profits

(Bloomberg) -- William Hill Plc, the U.K.'s second- biggest bookmaker, dropped the most since October after the company said full-year betting-shop profit would be lower than analy

Submitted by Guest on, Aug/04/2009

States Want Legalized Gambling, Sports Betting Now

With the recession and individual states hurting for ways to make money, over the next several months right into 2010 we will be reading a lot here at about states wanting to get in

Submitted by C Costigan on, Aug/04/2009

Prospect of Gambling Coming to A.C. Impacts Staten Island

According to a report filed by Staten Island Live, D.A. Daniel Donovan (above)is not thrilled with the prospect of legal sports betting coming to Atlantic City Casinos.

Submitted by Guest on, Aug/03/2009

More Banking Woes: Fake ATM Machines in Vegas

Computer security experts of all types--from hackers, crackers, and phreaks to security researchers and law enforcement officials--descended on Las Vegas last week for the annual

Submitted by Guest on, Aug/03/2009

William Hill Profits Likely Down Over Last Year

William Hill, the United Kingdom's second largest bookmaker, is expected to announce interim results on Tuesday.

Analysts believe that profits at both William Hill and rival Ladbrokes (scheduled to announce results itself on Thursday) will be down over last year.  This is due to bad weather causing a number of race meeting cancellations during the month of March.  Likewise there were few surprises with May's football results.

Analysts' concensus sees pre-tax profits of £133m for William Hill.

Submitted by Jagajeet Chiba on, Aug/02/2009

Football Handicapping Seminar in Vegas to Feature Woo Senior International Correspondent, the uber popular Jenny Woo, will be appearing at this month's third consecutive Vegas Insider Football Handicapping Seminar.

"We are very excited that Jenny Woo will be joining us for our third consecutive football handicapping seminar at Red Rock, which includes a golf tournament on Friday, August 21st and a poker tournament on Saturday, August 22nd." - Peter Gold Executive Vice President & General Manager of, Inc.

Submitted by Guest on, Aug/02/2009

Wynn Resorts' 2Q Profit Plunges but Beats Forecast

LAS VEGAS - (Associated Press) - Lower gambling revenue and continuing costs of opening its newest casino, Encore at Wynn Las Vegas, punished Wynn Resorts Ltd., but the 91 percent drop in profit it

Submitted by Guest on, Jul/31/2009

MGM Refocuses on Macau

(Bloomberg) -- MGM Mirage, with the smallest casino market share in Macau, said it's overhauling operations and marketing at its venture in the city to boost the company's revenue

Submitted by Guest on, Jul/31/2009

Playtech Boss Dating Leonardo DiCaprio Ex

Bar Rafaeli, former girlfriend of Leonardo DiCaprio, is now reportedly dating Teddy Sagi.  He is the founder of online gambling software firm. Playtech, and the 30th richest man in Israel according to Forbes Magazine.   She is among the hottest models in Israel and appeared on the cover of the 2009 Sports Illustrated Swimsuit issue.

Submitted by Jordan Bach on, Jul/30/2009

Stations Casino Files for Bankruptcy


Las Vegas-based Station Casinos Inc. filed for bankruptcy protection Tuesday, making it the latest casualty in the recession-wracked gambling industry.

Submitted by Guest on, Jul/29/2009

William Hill Prepares for Tax Fight, Move Off Shore

William Hill is understood to be ready to move its online sports and phone betting operations offshore within the next few weeks.

The betting giant already has a division based in Gibraltar for its online gaming operations and recently moved about 90 staff there and to its other offices in Malta, Israel, Bulgaria and the Philippines as it positions itself for the international market.

A company source said any plans to move to an offshore location would be determined by company strategy rather than tax reasons.

Submitted by Guest on, Jul/23/2009

Bill Would Tax Costa Rica Based Online Gambling Sites

Every few years the Costa Rican government comes up with a novel plan to either tax or license online gambling firms operating in that Central American nation.  Each time, the attempt has failed.

Submitted by C Costigan on, Jul/23/2009

R.I.P. We Hardly Knew Ya

So much for the controversy involving pirated music download company,, claiming it can operate freely from the Caribbean nation of Antigua without reprecussions.  They suspended operatio

Submitted by C Costigan on, Jul/22/2009

Playtech Warning Hits William Hill

Gaming stocks are taking a pasting after a gloomy update from Playtech, which supplies software to the gambling industry.

Playtech's shares have slumped 93p to 359.25p - a 20% decline - as it said it expected full year earnings to be lower than expected. It said this was partly due to the general economic weakness, but in particular to a slower than expected start for its online betting joint venture with William Hill. Playtech took a 29% stake in the business last October.

Submitted by Guest on, Jul/21/2009

PartyGaming Buys Rival

PARTYGAMING yesterday confirmed that it has clinched a £100m deal for the owner of bingo website, Cashcade.

Submitted by Guest on, Jul/20/2009 Record Industry Pirating Result of UIGEA

Here is an interesting spin on the current state of the record industry and pirating downloads.

Submitted by Jagajeet Chiba on, Jul/16/2009

Woo Interviews Harrah’s Interactive Entertainment CEO Mitch Garber

I recently had an opportunity to sit down with the CEO of Harrah's new division, Harrah's Interactive Entertainment.  His name is Mitch Garber and if the name rings a bell, it probably should.  F

Submitted by C Costigan on, Jul/15/2009

Breaking News

Can I Bet the Nathan's Hot Dog Eating Contest From My State?

Can I Bet the Nathan's Hot Dog Eating Contest From My State?

You can bet the Nathan's Hot Dog Eating Contest from just about every U.S. state courtesy of BetUS.

Adesanya vs. Pereira and Volk vs. Oliveira Fight Odds Released

Oddsmakers believe that Alex Pereira is up next for Adesanya with Pereira a slight +140 underdog.  Adesanya comes in at -160.  He was a -180 favorite Saturday night.

Where Can I Bet Sports From North Carolina Online?

Where Can I Bet Sports From North Carolina Online?

With news that a push to legalize mobile sports in North Carolina had officially failed on July 2, Tar Heel State residents need not fear. Sites such as NitroBetting, operating offshore, now allow individuals to place bets by simply providing their emails.