Business & Financial

Mitch Garber: Harrah’s Won’t Make Same Mistakes MGM Made Online

In an interview to be published on the Gambling911.com website Wednesday, Harrah's Interactive Entertainment's new CEO, Mitch Garber, reassured that his company's move into the European online gamb

Submitted by Guest on, Jul/14/2009

Aristocrat Leisure Appoints New Executive Team

Gaming machine maker Aristocrat Leisure has announced a new executive team, and the retirement of two current senior executives.

Submitted by Guest on, Jul/13/2009

World Poker Tour Up For Sale Reports Wall Street Journal

The Wall Street Journal on Monday featured a story that claimed "It was a good bet that the World Poker Tour is up for Sale". 

Submitted by Guest on, Jul/13/2009

New Jersey Economy Can Be Helped by Sports Betting

The state of New Jersey desperately needs a boost to help its troubled economy... and so too does its Governor, Jon Corzine.

Submitted by Jagajeet Chiba on, Jul/13/2009

Odds Look Good For Gamblers

Javier Espinoza, Forbes.com

LONDON -- Despite warmer weather and tough economic conditions, sofa spuds are still playing high rollers in virtual casinos. On Thursday online gaming firm PartyGaming, reportedly a takeover target of Nasdaq-listed rival Gigamedia, saw a jump in shares as much a 7% after it said trading in the second quarter has been robust with revenues in line with the first quarter.

Submitted by Guest on, Jul/12/2009

British Open Betting a Cure for the Recession Blues?

The British Open ranks as the most bet on event in the United Kingdom.  The popular golf tournament begins Thursday July 16.

Submitted by Don Shapiro on, Jul/09/2009

Centrebet Expects Strong Growth in Coming Year

Teresa Ooi, The Australian

Submitted by Guest on, Jul/07/2009

Paddy Power One Step Closer to Entering US Market

The Irish Examiner reported Tuesday that Ireland's biggest - and the United Kingdom's third largest - bookmaker, Paddy Power, is now poised to enter the lucrative U.S.

Submitted by C Costigan on, Jul/07/2009

NordicBet to Partner with Ivobank

Norway's most popular Internet-based gaming site, NordicBet.com, announced today that it is partnering with UK-based Ivoban

Submitted by Guest on, Jul/06/2009

Smallest Starting Day Since 2003 for a WSOP Event

Has the recession hit the 2009 World Series of Poker?  It sure seemed that was the case after Saturday's starting field attracted the smallest number of participants since 2003. 

873 players took to the table including the likes of Gambling911.com friend Doyle Brunson, Amarillo Slim, Greg Raymer, Chris Moneymaker and Chris Ferguson.  That number still surpasses the total who played in 2003, which was 839.  This was also the year that Chris Moneymaker won and helped to kick start today's poker craze.  The following year attracted 2576 players. 

Submitted by C Costigan on, Jul/05/2009

Gambling Stocks: The Good During This Recession

Alan Farley of the Street.com this week profiled four gambling stocks.

Submitted by Jagajeet Chiba on, Jul/01/2009

Goodbye Guy, Hello Obama? Goodbye Full Tilt Poker

Guy Laliberte, founder of billion dollar entertainment company Cirque du Soleil has disappeared off the Full Tilt radar.

Submitted by Guest on, Jun/29/2009

Casinos Shut Down in Russia

The Kremlin has ordered all casinos shut down.  The resulting impact:  Some hundreds of thousands of people out of work. 

Russia has offered four locations throughout the country in which the casinos can move to, none of which are equipped to handle the businesses just yet.  All are approximately 4000 miles away from Moscow in luxury locales such as the North Korean border or Siberia.

Submitted by Jagajeet Chiba on, Jun/29/2009

How Internet Gambling is Keeping Wall Street Rich

Using skills honed on the Street, he's turned poker into just one more exotic financial transaction.

Submitted by Guest on, Jun/28/2009

Economy Really Affecting 2009 World Series of Poker?

There was great buzz during the initial week of the 2009 World Series of Poker as record participation had been declared for certain events.

Submitted by C Costigan on, Jun/28/2009

William Hill closer to moving online trade offshore

The odds on William Hill moving its online and telephone betting business offshore have shortened.

Submitted by Guest on, Jun/26/2009

Online Gambling Operators May Want to Leave Antigua Now

In a report that came out Thursday, it was revealed that online gambling companies operating out of Antigua have now come under intense scrutiny following the country's financial regulatory body's

Submitted by C Costigan on, Jun/25/2009

Tax Firms Warn IRS Cracking Down on Offshore Monies

Tax firms are now scrambling to comply with stricter regulations that require any clients who maintain monies offshore must file the proper forms and claim every last penny.  And this applies to t

Submitted by Jagajeet Chiba on, Jun/25/2009

Antigua Police Arrest Bank Regulator Tied to Stanford

By Evan Perez, www.wsj.com

Submitted by Guest on, Jun/25/2009

Paddy Power Hurt By Lucas Glover

While Gambling911.com reported yesterday that its friends over at Sportsinteraction.com ha

Submitted by C Costigan on, Jun/23/2009

Harrah’s Believes They Will Have Success in Online Gambling

MGM tried and failed to enter the online gambling market several years back.  Like MGM, Harrah's has planned to start offering its Internet gambling product in Europe where it will compete head on

Submitted by C Costigan on, Jun/22/2009

Allen Stanford Paid Bribes to Antigua Official

In a revelation that has sent shockwaves through the online gambling sector of Antigua, news broke that the Caribbean nation's top bank regulator had been paid $100,000 by Allen Stanford to conduct

Submitted by Jagajeet Chiba on, Jun/22/2009

Casino Tropez Does Not Associate With White Supremacists

In an official statement released by CasinoTropez.com, the online gaming site denies ties to white supremacist murderer James W. von Brunn.

Submitted by Thomas Somach on, Jun/18/2009

Gambling Shares Up, Sportingbet a BUY

As Prime Minister Gordon Brown continues to cling on to power - despite dismal European election results and further resignations - bookmaker Paddy Power was offering odds of 8/1 that he'll be de-t

Submitted by Guest on, Jun/10/2009

Bodog Domain Moves Back to Bodog.com

After having lost their original domain name for two years, Bodog is back....Actually, Bodog.com is back.  The site is estimated to have lost significant busine

Submitted by Guest on, Jun/10/2009

Fontainebleau Las Vegas in Chapter 11: Ceiling Collapses at Miami Hotel

Fontainebleau Las Vegas, a $3 billion resort project on the Las Vegas Strip, filed for bankruptcy-court protection late Tuesday, the project's owners said.

Submitted by Guest on, Jun/10/2009

William Hill in Rogue Online Casino Flap

Following a joint partnership deal with online casino giant, Playtech, late last year, it turned out that Great Britain's second largest bookmaker may have inherited a few "rogue" online

Submitted by C Costigan on, Jun/09/2009

Is Facebook Compliant With US Online Poker Laws?

A very interesting debate is underway revolving around what does and what does not constitute gambling.  Facebook and MySpace are the world's two most recognizable social networks, and each of the

Submitted by Guest on, Jun/09/2009

Minnesota Drops "Black List" Blocking Order in Settlement with iMEGA

 An order to Internet service providers to enforce a
"black list" of Web sites has been rescinded by the Minnesota

Submitted by Payton on, Jun/08/2009

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.