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.
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.
Europe, U.S. All Mull Over Legalized Online Gambling: Markup Delayed
Bodog Poker Dives to 21St Place Among Global Online Poker Rooms
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.
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.
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...
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.
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."
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.
Gambling911.com Contributor Blasts Obama Agenda: “Goal Is To Destroy America”
Online Gambling: British Columbia Website Compromised User Information
New Jersey Governor Christie Looks To Take Control of Troubled Atlantic City
Organized Crime Fears Cloud British Columbia Online Gambling Plans
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.
Station Casinos Group Not Business As Usual
From the Las Vegas Business Press
Sheikh Deal With Gambling Firm Could Be Seen As Defying Islam