Business & Financial

European Online Gambling Firms Want Into U.S. Market: Hopes Are High

 

Nearly all European online gambling firms, including the poker sites, have shied away from the U.S. market for the past 3 years following passage of the Unlawful Internet Gaming Enforcement Act (UIGEA) back in October 2006.  The first step towards appealing that law took place Wednesday with a markup in a House subcommittee.  Now it’s off to the House and Senate where further amendments are likely.

Submitted by C Costigan on, Jul/30/2010

New Online Gambling Company Would Be Worth $3.7 Billion

Submitted by C Costigan on, Jul/29/2010

Bwin, PartyGaming Looking to Merge

Submitted by C Costigan on, Jul/29/2010

Full Tilt Poker, PokerStars Done As We Know Them?

Submitted by C Costigan on, Jul/28/2010

WSEX Payouts Still Dwindling In This Week

Submitted by C Costigan on, Jul/28/2010

Las Vegas Sands Corp, Playtech Report Results

The Las Vegas Sands Corp. consolidated second quarter adjusted property EBITDA increased by 91.2% to record $473.5 million on record net revenue of $1.59 Billion.

Submitted by C Costigan on, Jul/28/2010

Online Poker: Cake Poker Regains Some Market Share

Submitted by C Costigan on, Jul/27/2010

Bodog Poker Dives to 21St Place Among Global Online Poker Rooms

 

Submitted by C Costigan on, Jul/26/2010

Pennsylvania Gambling Beats Out Las Vegas, Atlantic City

 

No wonder Atlantic City is suffering, Pennsylvania is making quite an impact on the gambling scene, at least if collected taxes act as an indicator.

Submitted by C Costigan on, Jul/26/2010

William Hill Move to Gibraltar a Blow to United Kingdom

 

Submitted by C Costigan on, Jul/26/2010

Moody’s: Harrah’s Is In Serious Trouble

 

Submitted by C Costigan on, Jul/25/2010

New York Times: States Addicted to Gambling

 

The New York Times featuring a report Monday regarding individual states desire to boost their economies through gambling, New Jersey included. 

New Jersey governor Chris Christie last week announced a decision for the state to take over struggling gambling destination Atlantic City.  Casino revenue there is down almost 30 percent from the same period in 2006. Of course, Atlantic City was hit with a double whammy of sorts.  Not only has the town suffered from a downturn in the economy but neighboring states have recently provided stiffer competition.

Submitted by C Costigan on, Jul/25/2010

Australian Gambling News July 25, 2010

 

Readers er punters, the Australian connection between casinos, gaming and politics had never been so hot. Aussie politicians and campaigners continue to battle for your mind (and vote), headlines and the whole box and dice. Media Man and Gambling911 deliver the uncensored news (full strength caffeine in Google speak) you need to know, not always what you want to hear. Here's your weekend fix my friends...

James Packer Family Spotted In Barcelona...

Submitted by C Costigan on, Jul/25/2010

Three Gambling Companies Go Into Liquidation This Past Week

 

Submitted by C Costigan on, Jul/25/2010

Pennsylvania Gets Casino Games: Atlantic City's Death Knell?

Legal poker was played for the first time in the State of Pennsylvania this week as table games came to the state's casinos.

Submitted by C Costigan on, Jul/23/2010

William Hill “Worst Ever Royal Ascot” Blamed for Poor Profit Margins

William Hill continues to hint at moving its telephone business offshore following dismal results over the past year compared to its online arm.

"Poor horse racing results" led to a 33% fall in net telephone revenue, with a statement from Hills explicitly pointing out: "The board has previously noted the challenge of competing with UK betting exchanges and Irish offshore telebetting operators, all of whom have benefited from significant tax and cost advantages over UK bookmakers. The situation is under active review."

Submitted by C Costigan on, Jul/23/2010

Cake Poker Launches Four New Online Poker Rooms

Cake Network is proud to announce the official launch of five new partner sites to the network - Broadway Tables, PokerXRC, WingsPoker, Unleashed Poker, and Come On.

Submitted by C Costigan on, Jul/21/2010

Australian Casino Wars: Burswood Casino Takes Aim

Submitted by C Costigan on, Jul/20/2010

Russian Bookmaker Offers 100,000 Euros for Paul The Octopus

A prognosticating octopus correctly picked all the winners of specified World Cup games including Serbia’s shock win over favored Germany and Spain’s World Cup final win.

Submitted by C Costigan on, Jul/20/2010

PokerStars Appoints Gabi Campos As New CEO

Submitted by C Costigan on, Jul/20/2010

Station Casinos Group Not Business As Usual

From the Las Vegas Business Press

Submitted by C Costigan on, Jul/19/2010

PartyPoker Dangerously Close to Losing Position

Submitted by C Costigan on, Jul/19/2010

Lebron James Will Help Market Miami Internationally

Submitted by C Costigan on, Jul/16/2010

1.8M Spent on Lobbying Mass. Casino Bills in 2010

Submitted by C Costigan on, Jul/16/2010

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.

How Do I Create My Own Bookie Website

How Do I Create My Own Bookie Website

Our friends at AcePerHead.com offer up three guidelines for creating your own sports bookmaking website.  It's easy as 1-2-3.  Just make sure you have enough capital on hand to pay players just in case you have a few bad months getting off the ground.