Business & Financial

Vegas Casino Unveils Vending Machine That Spits Out Gold

Gold-to-Go.  That’s right!  It’s a vending machine in a Las Vegas casino that spits out gold, bars and coins to be more precise. 

"We kind of like the idea that Vegas is sorta over the top," said Gary Del Prete with the Golden Nugget in an interview with local news station KSNV. "And what better than to have a gold plated vending machine that's open for basically 24 hours?"

Submitted by Aaron Goldstein on, Jan/10/2011

Vegas Sportsbooks Were Hoping For Colts-Falcons Super Bowl

Submitted by C Costigan on, Jan/08/2011

Casino Stocks Attracting Attention in the New Year

Submitted by Guest on, Jan/07/2011

Prahlad Friedman Joins UB.com Amidst Firestorm

Submitted by Ace King on, Jan/06/2011

Priceline Founder Sues Zynga Over Patent Infringement

Submitted by Aaron Goldstein on, Jan/05/2011

Online Poker Traffic Rises Nearly 1 Percent

The holiday week resulted in an 0.9 percent rise in online poker traffic according to monitoring website PokerScout.com.

Player counts dropped steeply on Christmas Eve, Christmas Day and New Year's Eve, dipping even lower than last year's holidays. The plunge was to be expected, however, as the holidays fell on weekends this year and a larger-than-usual number of players took to the roads and skies to spend time with their families.

Submitted by Patrick Flanigan on, Jan/05/2011

Costigan Commission Going After Kerry Packer

Submitted by Greg Tingle on, Jan/04/2011

Macau Gambling Revenue Surges to $23B in 2010

HONG KONG — (Associated Press) - Macau's government says casino gambling revenue surged by more than half in 2010, solidifying its rank as the world's biggest gambling market.

Data posted on a government website Monday showed that casino revenue totaled 188.34 billion patacas ($23.52 billion) last year. That's 57.8 percent higher than the 119.37 billion patacas reported in 2009.

Submitted by Guest on, Jan/03/2011

Slow Paying WSEX Gets More Exposure On CNBC

Submitted by Aaron Goldstein on, Jan/02/2011

Big Changes In Store For Atlantic City in 2011

Submitted by Guest on, Jan/02/2011

Gambling911.com Exclusive: Annie Duke in Brand Bind

To paraphrase Shakespeare, what's in a brand?

Submitted by Thomas Somach on, Dec/31/2010

Phil Hellmuth, Annie Duke Leave UB.com

Submitted by Ace King on, Dec/31/2010

Australian Media Piracy; News Info Wars

Submitted by Greg Tingle on, Dec/30/2010

XL Bet Shuts Down, Stiffs Players

An obscure online sports betting website, XL Bet, has closed its doors for good, stiffing customers in the process. 

Submitted by C Costigan on, Dec/29/2010

Bwin and PartyGaming Will Remain As Separate Brands After Merger

Submitted by Aaron Goldstein on, Dec/27/2010

Caesars Signs Online Poker Deal With Microgaming, People’s Network

Submitted by Aaron Goldstein on, Dec/22/2010

Online Poker Traffic Falls 0.4% This Week

Submitted by Ace King on, Dec/22/2010

Gibraltar Raises Tax Levies On Internet Gambling Firms

The Internet gambling haven of Gibraltar, long known as a tax haven, has decided to raise tax levies.  Beginning in 2011, it will impose a standard 10 percent tax.

Submitted by Aaron Goldstein on, Dec/22/2010

Australian Gambling And Entertainment News - December 22, 2010

Submitted by Greg Tingle on, Dec/21/2010

Ladbrokes Looking To Buy 888.com

After a failed attempt to acquire mega online casino company 888.com four years ago, The United Kingdom’s biggest bookmaker, Ladbrokes, is trying once more.

It was revealed Sunday night that Ladbrokes is offering around £240m or 70p a share.  That is nearly half of what they offered four years back but the industry is in constant flux and online casinos in particular have been battered by the current economic crisis. 

Submitted by Aaron Goldstein on, Dec/19/2010

Nevada In The Toilet

The unemployment rate in the casino rich state of Nevada has now hit 14.3 percent and things do not seem to be getting much better. The percentage rose from 14.1 in October. 

Submitted by Aaron Goldstein on, Dec/19/2010

Australian Gambling Sports Betting Ads, Promos Cop Heat

G'day casino and gambling millionaires, billionaires, media moguls, sports nuts, entertainment news junkies, insiders, outsiders, politicians, journalists and everyone else. Today we probe the proliferation of sports betting, casino and gambling mentions and themes in the Australian media, sports and entertainment business.

Submitted by Greg Tingle on, Dec/19/2010

William Hill Shutting Stores, Paddy Power Big Hiring Plans

Submitted by Aaron Goldstein on, Dec/17/2010

Australian Casino Wars: Crown Casino VS Star City

Submitted by Greg Tingle on, Dec/16/2010

Australian Casino and Entertainment News – December 16, 2010

Submitted by Greg Tingle on, Dec/15/2010

Betfair Shares Plummet 22 Percent Post-IPO

Submitted by Alejandro Botticelli on, Dec/14/2010

Breaking News

Circa Rumors Escalate

Derek Stevens, owner of the famed Circa Casino and Sportsbook in Las Vegas, had many folks talking Monday morning following a recent post.