Business & Financial

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, 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

After having lost their original domain name for two years, Bodog is back....Actually, 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"black list" of Web sites has been rescinded by the Minnesota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

Good Odds Paddy Power Has Backed a Winner

BOOKIE turned boardroom protagonist Mark Read could walk away with $11.6 million stashed in his bag after Ireland's biggest online betting and gaming provider, Paddy Power, lobbed a 60¢-per-share

Submitted by Guest on, Jun/04/2009

Sportingbet to Focus More Heavily on UK Market

The Financial Times reports that

Submitted by Jagajeet Chiba on, Jun/04/2009

Harrah’s Bets on Japan, Taiwan Expansion

MACAU, June 2 (Reuters) - Harrah's Entertainment Inc, the world's largest casino operator, is eyeing expansion opportunities in Taiwan and Japan, as it bets on the fast-growing and affluent Asia ma

Submitted by C Costigan on, Jun/02/2009

World Series of Poker Stimulus Special a Hit

With the economy in complete disarray, everyone is looking for an economic stimulus package, and the poker world is no exception. 

"The demand for the Stimulus Special could be felt the moment we announced it," said World Series of Poker commissioner Jeffrey Pollack. "We welcome all the first-time players to the World Series of Poker and wish everyone good luck in their pursuit of a gold bracelet."

So what exactly is the World Series of Poker Stimulus Special?

Submitted by Ace King on, Jun/01/2009

City of Dreams Latest Bet on Gambling Haven Macau

MACAU (Associated Press) - The City of Dreams, a massive casino resort in Macau, was unveiled Monday in the latest multibillion-dollar bet that this once seedy Chinese gambling enclave will become

Submitted by Guest on, Jun/01/2009

Harrah’s New Online Poker Unit Coming to Montreal

As first reported on, Harrah's will be launching a new online unit.

Submitted by Jagajeet Chiba on, Jun/01/2009

MGM Told to Cut Ties With Macau and Pansy Ho

New Jersey regulators have told MGM they need to abandon a joint venture with Macau and Pansy Ho, accusing the later of being part of an organized crime family.

Submitted by Jagajeet Chiba on, May/28/2009

Harrah’s $1 Billion in New Notes to Pay Old Debts

LAS VEGAS-(Associated Press) - Casino operator Harrah's Entertainment Inc.

Submitted by Guest on, May/28/2009

Cashcade Online Bingo a Hot Commodity

All eyes on the prize as the likes of PartyGaming and are looking to acquire online bingo company, Cashcade. 

Cashcade have been active in the gaming space for over 6 years and have in that time been both a software developer and marketing organisation. The business has developed its own brands and Foxy Bingo into high successful products in their own right.

Submitted by C Costigan on, May/26/2009

Unemployment Rate: You Can Bet On It

The unemployment rate throughout the world is skyrocketing.  And while online gambling websites based out of the United Kingdom have long been offering unemployment betting,

Submitted by Alistair Prescott on, May/25/2009

Harrah’s to Enter European Online Gambling Market

As first reported on the website Friday afternoon, Harrah's will be expanding its presence in the European market as it launches an aggressive campaign to move online and compete wi

Submitted by C Costigan on, May/22/2009

Harrah’s Forms Harrah’s Interactive Entertainment to go Online

Harrah's Entertainment, Inc. (Harrah's) announced today that it has established a new subsidiary, Harrah's Interactive Entertainment, Inc.

Submitted by Guest on, May/22/2009

American Idol Finale Helps Bring Record Traffic

So far the month of May has been a banner period for the website, which kicked off with its biggest day since coming online in September 2000.  The Kentucky Derby resulted in just

Submitted by C Costigan on, May/21/2009

Atlantic City Profits Way Down: Sports Betting a Must

It's more bad news for Atlantic City as the East Coast casino empire witnessed gross operating profits decline by more than 38 percent in the first quarter of 2009.

Submitted by C Costigan on, May/21/2009

Judge Might Dismiss Case Regarding Donald Trump’s Net Worth

CAMDEN, N.J. (Associated Press) - Donald Trump is known for putting a positive spin even on news that doesn't seem positive. But there is one way to get him down: Call him a millionaire.

Trump, who says he's a billionaire, is suing the author of a book in which three unnamed sources said Trump's net worth is between $150 million and $250 million. The Donald claims it was malicious, and it hurt his business.

Submitted by Guest on, May/20/2009

Paddy Power Poker Cans Ciaran O’Leary: Blames Economy

Irish poker pro Ciaran "Big C" O'Leary has been fired as a paid flack for Irish online poker room Paddy Power Poker (http://www.paddypowerpoker.c

Submitted by Thomas Somach on, May/20/2009

The Bellagio, MGM Grand to be Developed in Dubai

The Middle Eastern nation of Dubai will get its own Bellagio and MGM Grand Hotels, two iconic staples of Las Vegas.

Submitted by Jagajeet Chiba on, May/20/2009

Obama Refuses to Meet With Nevada Governor

President Barack Obama has refused to meet with Nevada Governor Jim Gibbons and other key business leaders in the state according to news reports.

Governor Gibbons requested the meeting in a letter to President Obama so the President could address statements he made that were critical to Nevada and have caused economic damage to convention business and tourism business, according to Action News 13 out of Las Vegas.

Submitted by Jagajeet Chiba on, May/18/2009 Most Wanted for Week Ending May 18, 2009

Who or what company made the headlines this past week on the pages of as it relates to the gambling industry?  Find out as we break down the most popular industry-related stories.

Submitted by C Costigan on, May/18/2009

2009 Preakness Stakes Betting, Traffic Up

Despite lower attendance at Pimlico Race Course, betting on the 2009 Preakness Stakes was way up.

More than $59 million was bet, compared with $45 million last year, John B. Franzone, head of the Maryland Racing Commission, stated.  Attendance was cut by 30 percent compared to last year, down to 77,850.  Much of this was attributed to a ban on spectators bringing their own beverages.

State racing officials deemed the race a financial success for the state.

Submitted by C Costigan on, May/18/2009

Ladbrokes: Online Poker in Australia Very Bad

According to the Interactive Gambling Act, online poker sites geared towards Australian ci

Submitted by Alistair Prescott on, May/15/2009

Breaking News

Sports Betting Firms Use Helping the Homeless in Likely $100 Million Ad Spend to Woo California Voters

But "California Solutions to Homelessness and Mental Health Act" referendum suggesting legalized gambling will help reduce homelessness may rub some voters the wrong way.

Maine Sports Betting Market Limited and Not Likely to Go Live for Another Two Years

Maine Sports Betting Market Limited and Not Likely to Go Live for Another Two Years

Up to 12 entities have reached out to the Maine Gambling Control Unit to introduce themselves and offer information about their services, but they're not who you might think.

Kevin Durant Next Team Odds Have Suns Favored at 4-5

Kevin Durant Next Team Odds Have Suns Favored at 4-5

The Brooklyn Nets come in at the middle of the pack to win the 2023 NBA Championship, thanks in no small part to Kevin Durant asking to leave.