Stanley Ho Macau Casino Empire Stake Goes to Family
89-year-old Billionaire Stanley Ho transfers most of his stake in Macau gambling company to family members. Worth 13.4 billion HK dollars.
$90 Million Likely Bet on 2011 Super Bowl in Nevada Says Caesars Sportsbook Chief
Online Poker Traffic Slows After Massive Surge Last Week
Following a meteoric surge in traffic of 12 to 15 percent last week, online poker traffic slowed to a crawl this week, falling nearly a percentage.
International Gaming Technology vs. Aristocrat Leisure Legal Battle Ensues
Macau Gambling Revenue Continues Unprecedented Rise Into 2011
Macau, the world’s biggest gambling destination, is anticipating a 49 percent rise in casino revenue this month according to analysts at CLSA Ltd.
OpenBet in £208m Management Buy-Out
A major technology company, whose clients include William Hill and Ladbrokes, is undergoing a major Management buy-out to the tune of £208 million, this according to the Telegraph.
New Jersey Online Gambling Just In Time For Dying Atlantic City
Remember back in the days when Atlantic City used to be a dump?
Well, the casino Mecca is heading back in that direction it seems.
The Newark Star Ledger this week reported that, in just four short years, the nation’s second largest gambling destination has lost nearly 25 percent of its market share.
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?"
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.
Negreanu’s UB.com Rants Continue: Was Once Approached To Invest in Company
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.
