Business & Financial

Bet911 Five Minutes of Fame Over: Book is Insolvent

A small and poorly capitalized online sportsbook appears close to shutting down.  Bet911.com, which quite obviously attempted to capitalize on the Gambling911.com name but was never permitted to a

Submitted by Jagajeet Chiba on, May/04/2010

Macau Gambling Revenue Hits Record

(Reuters) - Gambling revenue in Macau in April surged 70 percent from a year earlier to a record, Royal Bank of Scotland (RBS) (RBS.L) said, underscoring sustained growth in the world's largest and

Submitted by Guest on, May/04/2010

William Hill to Bid for Centrebet

The United Kingdom's second largest bookmaker, William Hill, is looking to acquire Australia's second largest privately held bookmaker, Centrebet.

Centrebet originated from Alice Springs, Northern Territory and was the first bookmaker to be licensed in Australia in 1993 and the first bookmaker to go online in the Southern Hemisphere. Centrebet was acquired by its biggest domestic rival, the SportOdds Group in 2003 for the sum of AUD$46.55 million. In 2005, SportOdds merged its Centrebet, SportOdds.com and SuperOdds.co.uk businesses into one entity, known as Centrebet.

Submitted by Aaron Goldstein on, May/02/2010

Match Fixing a “Cancer” Killing Snooker: BetFred Hurt Cred?

In the midst of perhaps snooker's biggest scandal of all time, the online bookmaker BetFred.com has found itself caught in the middle.

BetFred sponsors snooker world champion John Higgins, who this weekend it was revealed had shook hands on a disgraceful deal to fix a string of high-profile matches after demanding a £300,000 kickback.

Submitted by Alistair Prescott on, May/02/2010

Financial Odds: Which Nation Will Drop The Euro First?

Greece and now Spain look to be in some serious trouble.  A total of 3837 people at intrade.com were betting th

Submitted by Alejandro Botticelli on, May/01/2010

Crown Casino To Show Off Underbelly At Logie Awards

Australia's tourism and entertainment icon, Crown Casino, gets to show of its wares on a national and international scale this coming Sunday night, with the TV smash hit 'Underbelly' in line for a

Submitted by Greg Tingle on, Apr/30/2010

Betting on the Kentucky Derby 2010: 8 Percent Back a Win-Win

When it comes to betting on the Kentucky Derby 2010, Bookmaker.com, the oldest established North American-facing online bookmak

Submitted by C Costigan on, Apr/30/2010

Kentucky Derby 2010: Betting Off to Brisk Start

Kentucky Derby 2010 betting officially kicked off Wednesday following the noon time post position announcements.  Trafficwise, Gambling911.com reported a few thousand more unique visitors over las

Submitted by C Costigan on, Apr/29/2010

William Hill Gets Online Sales Boost

(Reuters) - Britain's second-biggest bookmaker William Hill (WMH.L) said it had made an encouraging start to the year, boos

Submitted by Guest on, Apr/29/2010

Marina Bay Sands vs. James Packer’s City of Dreams Macau

The land based casino wars continue to heat up, and 'Our James'... Australian James Packer is in the thick of the action.

Packer's Crown Casino faces increased competition down under in Australia from Sydney's revamped Star City, and now Sands has opened in Singapore, in a move that insiders say will lure whales and dolphins away from Crown Macau, but don't underestimate the loyalty to Packer. Many have bet against the Aussie - Asia Pacific casino king before and lost. Media Man and Gambling911 with the story...

Submitted by Greg Tingle on, Apr/28/2010

Casino Affiliate Programs Dirty Little Secrets Vol. 2

Insiders, punters, media and online casino entrepreneurs, journos and everyone else...

Submitted by Greg Tingle on, Apr/28/2010

888 Holdings 2nd Quarter Disappointing

(Bloomberg) -- 888 Holdings Plc, the online gambling company that supplies services for Harrah's Entertainment Inc., fell the most in a year in London trading after saying the second quarter has be

Submitted by Guest on, Apr/28/2010

Harrah’s: Online Poker Could Bring in Billions

BEVERLY HILLS (Reuters) - Gary Loveman, chief executive officer at Harrah's Entertainment Inc, sees few signs of a recovery in Las Vegas, but believes U.S.

Submitted by Guest on, Apr/27/2010

WSEX Payouts Good Only in Sears?

Gambling911.com has been reporting extensively on World Sports Exchange (WSEX.com) and its inability to pay these days.  The once proud Antiguan-based online sportsbook has had its reputation drag

Submitted by Jagajeet Chiba on, Apr/26/2010

Online Poker Traffic Falls Another 2.1 Percent

Online poker has taken yet another dip where "real cash" players are concerned.  PokerSiteScout.com reports that the decline was broad, with

Submitted by Ace King on, Apr/26/2010

Online Gambling Sites Fools Not to Offer Kentucky Derby Betting

As big an event as the Kentucky Derby is, I'm amazed by how some online gambling sites still don't offer betting on the Derby or limited offerings such as "matchups only".

Submitted by Jagajeet Chiba on, Apr/23/2010

Merge Poker Needs More Help: Potential Still There

Fledgling Merge Poker received a significant boost last week when the

Submitted by Ace King on, Apr/23/2010

Crown Casino Plays Restaurant and Hotel Card

Crown Casino king James Packer and his 'World Of Entertainment' empire have been telling folks that they're in the tourism, lifestyle and entertainment business for a few years now.

Submitted by Greg Tingle on, Apr/22/2010

Cake Poker Establishes Base In Malta

The Cake Network is pleased to announce that its recently established company in Malta was issued a Letter of Intent by the Malta Lotteries and Gaming Authority in relation to its application for a

Submitted by Guest on, Apr/22/2010

Bet365 3rd Fastest Growing Profit of Private UK Companies

According to the Sunday Times PricewaterhouseCoopers Profit Track 100 league table, privately held Bet365 is the third fastest growing private company in terms of profit.

From EGR Magazine:

Submitted by Alistair Prescott on, Apr/22/2010

Costa Rica Government Will Become Bookie for Soccer

AM Costa Rica is reporting that the Costa Rican government is set to enter the bookmaker business, just in time for the 2010 World Cup.

Submitted by Alistair Prescott on, Apr/21/2010

Steve Wynn Mulls Move to Macau

(Market Watch) - Wynn, during an interview Wednesday to promote the launch of Encore Macau, told CNBC he is looking at shifting the company headquarters to Macau, without providing

Submitted by Guest on, Apr/21/2010

Daniel Tzvetkoff Lawyer Not Optimistic About Bail

An attorney for indicted Australia payment processor Daniel Tzvetkoff tells the Sydney Morning Herald he will likely have a tough time getting his client out on bail when the application is present

Submitted by Aaron Goldstein on, Apr/20/2010

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

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.

Submitted by Aaron Goldstein on, Apr/20/2010

Merge Poker Gets Boost With Sportsbook.com

The Merge Poker Network has moved up in the ranks following a major deal to bring on Sportsbook.com's thriving customer base.  Just a few days ago, Merge had a mere 200 plus real cash players on a

Submitted by Ace King on, Apr/19/2010

PokerStars Aquires Online Poker Portals

The world's largest online poker room, PokerStars.com, on Monday announced the acquisition of several online poker portals.  Among them: PokerPages.com, PlayWinningPoker.com and Poker-Babes.com, t

Submitted by Ace King on, Apr/19/2010

Planet Hollywood Offers Chance to See Marilyn Monroe’s Boobs

Planet Hollywood may have had its ups and downs over the years, but with revelations that the casino is going to offer patrons the opportunity to see Marilyn Monroe's boobs in a most unique ways, p

Submitted by Greg Tingle on, Apr/18/2010

Las Vegas Review-Journal Sues Online Gambling Portal

A company associated with the Las Vegas Review-Journal is suing the popular online gambling portal Majorwager.com claiming it has posted the online newspape

Submitted by C Costigan on, Apr/18/2010

Marvel Comics Commits Material Breach Claims Cryptologic

CryptoLogic Limited (TSX: CRY)(TSX: CXY)(NASDAQ: CRYP)(LSE: CRP), a global developer of branded online betting games and Internet casino software, announces that arbitration proceedings have been f

Submitted by Guest on, Apr/16/2010

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