Business & Financial
Bwin.party Balks at Newly Opened German Online Gambling Market: Shares Down Nearly 16 Percent
Full Tilt Poker Aligns Itself With Station Casinos, UFC Founders
Huge Shakeup at Betfair and Concerns Over LMAX
Robin Osmond, the chief executive of LMAX, resigned from the financial platform he helped launch for Betfair.
Deckmedia, SlotoCash Online Casino Affiliates Screwed
Deckmedia and its online casino brand, SlotoCash, has decided it can no longer pay out its affiliate partners.
Macau Gambling Revenue up 48 Percent in Month of March
(Reuters) - Casino revenue in Macau, the world's biggest gaming market, rose 48 percent in March to 20.1 billion patacas ($2.51 billion), the Macau government said on Friday.
Macau's casino industry is booming on robust demand from gamblers from mainland China, who account for the bulk of the territory's visitors. The former Portuguese enclave is the only place in China where mainland Chinese can legally gamble.
Bwin-PartyGaming Chief: “No Competitor Out There who has a Scale to Attack”
Online Poker Traffic Falls 3.3 Percent
PokerScout.com reports that eight of the top ten online poker sites lost ground in the past week, contributing to a 3.3 percent decline in overall traffic.
Online Gambling Business: Victory Poker Moving to Cereus Network
Victory Poker is looking to make yet another move to another network it seems based on reports surfacing this past week.
Wynn Partnership with PokerStars Would be Win-Win for Both Companies
The Vegas marriages are starting to heat up, only they’re not taking place in tiny little chapels with would be ministers.
Casino giant Wynn Resorts announced Thursday its newly formed alliance with online poker’s biggest firm, PokerStars, following word that the Nevada state regulatory body had approved a similar arrangement between European i-Gaming behemoth 888.com and Caesar’s Entertainment. PartyPoker and MGM had entered into a similar alliance last year.
Biggest Online Poker Room Takes in $20 Billion in Revenue Annually? Not Quite Says Company
Nevada State Regulators Approve Caesar’s Entertainment Corp. 888 Holdings Allliance
PokerStars Makes Little Headway With Its Backed Nevada Internet Poker Measure
Gambling Business: James Packer Won’t Pursue Vegas Again
The sharp as a sharks tooth James Packer has dismissed a return to the the embattled and politically red hot American gaming market. At least, for the near future, but never say never.
The likable executive chairman of Crown Limited issued the statement in the hard to forget aftermath of the firms horrendous AU$3 billion (US$2.99 billion) expansion into the United States before the global financial crisis. You know, the one that George W's leadership saw in, and the same one that Barack Omama inherited.
Ho Family Reaches Settlement Over Macau Gambling Empire
A weeks long feud over the Macau gambling empire of billionaire tycoon Stanley Ho has come to an end, at least for now.
Subway to Hold its Title as Largest Fast Food Chain Says Oddsmakers
Online Poker Traffic up Nearly 3 Percent: PokerStars, Full Tilt see First Declines Ever
Betfair the Latest Online Gambling Firm to Move off British Shore
James Packer Aussie Media And Gambling King Quits Ten For Good Of Team
New Jersey Gov. Chris Christie Vetoes Online Gambling Bill
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.
Revenues Way Up At PartyGaming
PartyGaming has reported a huge rise in revenues for the year 2010.
Revenues rose by 15 percent from 2009 to €357.3m (£300m) to €310.1m, with casino revenues jumping to €151.4m from €136.3m, bingo revenues more than doubling to €51.4m from €22.8m and sports betting climbing to €20.8m from €13.2m. Poker revenues fell to €124.8m from €136.8m. Pre-tax profits fell to €43.8m from €57.4m.
PokerStars Abruptly Pulls Branding from North American Poker Tour LA Stop
The world’s largest online poker room, PokerStars, has pulled its branding from the North American Poker Tour (NAPT) Bicycle Casino in Los Angeles.
Sands Las Vegas Under Investigation for Allegedly Taking Bribes
Shares in Sands Las Vegas were down 7 percent on news that the company is under investigation for allegedly taking bribes in Macau.
