Business & Financial
Hurricane Betting Not Likely: Oil Spill Trades Are
With the 2010 Hurricane season set to begin today (June 1), don't expect online bookmakers to start offering betting odds on Hurricanes hitting the US.
In 2006, following the record setting hurricane season the year prior, online gambling's oldest betting site catering to the North American bettor, Bookmaker.com, came under increasing scrutiny for taking bets on the 2006 storm season.
Greece Told To Get Off Euro: Odds Still Available
British economists have urged Greece to default on its €300 billion (£255 billion) debt in order to save the nation's economy. Greece is essentially being told to drop the euro.
The Centre for Economics and Business Research (CEBR), a London-based consultancy, has warned Greek ministers they will be unable to escape their debt trap without devaluing their own currency to boost exports, according to a Times Online report.
Should Greece choose to do so, experts believe other nations could quickly follow.
Spain in Pain
Spain's credit rating was cut as government efforts to reduce debt would weigh down economic growth.
Crown Casino VS Star City Friendly War
The casino and overall gaming industry in the Asia Pacific - Australian regional remains as competitive as ever, with Crown Casino, Star City and Jupiters Hotel and Casino all enjoying expensive up
William Hill Pulls Out of French Online Gambling Market
(Reuters) - William Hill (WMH.L), Britain's second-biggest bookmaker, said it would stop accepting online gambling business from clients in France following the introduction of new gambling laws in
Oil Spill Betting Highlights Environmental Catastrophe?
Ireland's largest bookmaker, Paddy Power.com, is hopeful that their recent offering of Gulf of Mexico oil spill betting will help to highlight the recent ca
Where will Super Bowl 2014 be held?
Members of the New York Super Bowl bid committee planned to spend much of much of the day Monday rehearsing the presentation they will give to owners on Tuesday.
Full Tilt Poker Pro Phil Ivey Will Have Card Room in Vegas
The Aria Resort & Casino at CityCenter will be opening a high stakes room named in honor of Team Full Tilt Poker pro Phil Ivey.
Trade of the Week: A Short Bet on Oil?
This past week, Paddy Power Trader featured its Trade of the Week, that being oil. They sugge
Sex.com, Poker.org Up For Sale
Two of the hottest domain names are up for sale: Sex.com and Poker.org.
Bankrupt company Escom LLC is putting Sex.com on the auction block. According to bankruptcy law, Escom is able to sell off its assets free of liens and other burdens. Sedo.com is conducting the auction. Escom bought the Sex.com domain name for a whopping $14 million, the highest amount ever paid for an Interet domain name.
CTXM Partners with Cake Network
Curacao, Netherlands Antilles - May 20, 2010 - In a deal that creates a robust, new alliance in online gaming, European based online casino software and white label platform provider CTXM has partn
All Bets Off For Leisure & Gaming: Shares Suspended
Italian football fans - and especially followers of José Mourinho's mighty Inter Milan - may have done for Leisure & Gaming, the London-listed bookmaking company, whose shares were suspended t
iPoker Network and PartyGaming in Battle Royale
This past week, iPoker Network regained the third place ranking from PartyPoker for the first time since early January.
Markets Tank: Wall Street Stocks Down More Than 2 Percent
It was another nail biter on Wall Street today as stocks fell more than 2 percent.
At press time 2 pm EST, stocks were at 10174.64 -269.73.
Richard Branson Expanding Virgin Gaming iGaming Empire
Gaming, gambling and iGaming fans, have we got some news hot of the press for you. Our bat phone has been running hot hot hot!
For the past few months Media Man and Gambling911 have been keeping you updated on all sorts of exciting developments at Richard Branson's Virgin Group, naming Virgin Games, Virgin Poker, Virgin Bingo, and offshoot, AWOMO (A World Of My Own), with a DGI (Game Domain International) tie in. Last week Branson's Virgin Racing also sponsored Full Tilt Poker.
Gambling911 Trending Topics – May 19, 2010
What's hot, What's not in the world of Gambling911.com news. You can catch all the latest at our newly revamped
Gambling Execs Encouraged to Invest in Domains
The world is considered a pretty small place these days, largely thanks to the internet aka WWW, and of course airlines and Lear Jets, operated by our "partners in crime", Crown Casino ki
Centrebet Set For Shakeup
Online gaming and wagering outfit Centrebet (International Ltd) says it is still in talks with a number of parties over consolidation opportunities.
Media Man down under and Gambling911 continue to delivery hard hitting, informative and entertaining news to the world. We learn the current Centrebet talks are likely to have a major impact on the online and offline gambling, betting, poker et al sector in Australia and the entire Asia Pacific...
The parties are understood to be overseas concerns, all or most of which out of Europe.
Gaming Stocks Hammered in Australia
Readers... er, punters... think you may be down bit at the local casino, online casino, or perhaps your investment stocks and bonds?
Paddy Power Profits
DUBLIN - (Reuters) - Irish bookmaker Paddy Power (PAP.I) said sports results so far this year had gone its way and Internet
Crown Casino In Sponsorship Talks With Melbourne Storm
Casino entrepreneurs, insiders, outsiders, punters and everyone one else...
Ladbrokes CEO Promises Turnaround
Ladbrokes new CEO Richard Glynn has promised a swift turnaround for his company following news of a 6 percent drop in net revenue. Glynn joined the company in last month.
"In recent times the strength of our brand has diminished. In online and offline areas, we feel the need for Ladbrokes to regain its primacy," CEO Richard Glynn told the Wall Street Journal "We will be looking at every area of the business. We will be leaving no stone unturned," Mr. Glynn said, without elaborating.
Bwin Takes Hit With Online Poker
The popular Austrian betting firm Bwin reports it witnessed a 17 percent drop in revenues from its online poker room (called Bwin Poker). Bwin is part of the Ongame network, which itself has seen
EveryMatrix Partners With Cake Poker
In a deal that will create a strong new alliance in online gaming, Malta based sports betting white label service EveryMatrix has partnered with the
City Center Las Vegas Continues to Struggle
MGM Mirage's CEO stated that despite operating losses and a write-down on its CityCenter joint venture, the casino operator has solid plans to attract more customers to struggling Las Vegas.
The company's plans have long centered around CityCenter, the $8.5 billion complex of resorts, restaurants, entertainment, retail shops and a casino it built with Dubai World, which opened in December. And state and local leaders have looked to CityCenter as a must-see attraction that will provide jobs and renewed motivation for visitors to come.
Paddy Power Receives 400 Complaints Filed With ASA
Irish bookmaker Paddy Power is no stranger to the ire of the Advertising Standards Authority (ASA). But this time the cat may have used up its nine lives...literally.
Microgaming Announces Joint Venture with 888 Holdings
Microgaming, the world's largest provider of online gaming software, has announced a joint venture with 888 Holdings plc which, subject to the necessary licence approvals, will deliver a French Pok
Steve Wynn Splits With Girlfriend Andrea Hissom
On the heels of what many believe will be the most expensive divorce ever, hotel developer magnate Steve Wynn h
US National Casino Gambling Revenue Down
National gross gambling revenues fell to $30.7 billion in 2009, a decrease of 5.5 percent from 2008.
Unemployment Up to 9.9%: Betting Market Grim Forecast
The economy added a net 290,000 jobs but that didn't stop unemployment from going up to 9.9% from 9.7% last month.
