Business & Financial

Smallest Starting Day Since 2003 for a WSOP Event

Has the recession hit the 2009 World Series of Poker?  It sure seemed that was the case after Saturday's starting field attracted the smallest number of participants since 2003. 

873 players took to the table including the likes of Gambling911.com friend Doyle Brunson, Amarillo Slim, Greg Raymer, Chris Moneymaker and Chris Ferguson.  That number still surpasses the total who played in 2003, which was 839.  This was also the year that Chris Moneymaker won and helped to kick start today's poker craze.  The following year attracted 2576 players. 

Submitted by C Costigan on, Jul/05/2009

Gambling Stocks: The Good During This Recession

Alan Farley of the Street.com this week profiled four gambling stocks.

Submitted by Jagajeet Chiba on, Jul/01/2009

Goodbye Guy, Hello Obama? Goodbye Full Tilt Poker

Guy Laliberte, founder of billion dollar entertainment company Cirque du Soleil has disappeared off the Full Tilt radar.

Submitted by Guest on, Jun/29/2009

Casinos Shut Down in Russia

The Kremlin has ordered all casinos shut down.  The resulting impact:  Some hundreds of thousands of people out of work. 

Russia has offered four locations throughout the country in which the casinos can move to, none of which are equipped to handle the businesses just yet.  All are approximately 4000 miles away from Moscow in luxury locales such as the North Korean border or Siberia.

Submitted by Jagajeet Chiba on, Jun/29/2009

How Internet Gambling is Keeping Wall Street Rich

Using skills honed on the Street, he's turned poker into just one more exotic financial transaction.

Submitted by Guest on, Jun/28/2009

Economy Really Affecting 2009 World Series of Poker?

There was great buzz during the initial week of the 2009 World Series of Poker as record participation had been declared for certain events.

Submitted by C Costigan on, Jun/28/2009

William Hill closer to moving online trade offshore

The odds on William Hill moving its online and telephone betting business offshore have shortened.

Submitted by Guest on, Jun/26/2009

Online Gambling Operators May Want to Leave Antigua Now

In a report that came out Thursday, it was revealed that online gambling companies operating out of Antigua have now come under intense scrutiny following the country's financial regulatory body's

Submitted by C Costigan on, Jun/25/2009

Tax Firms Warn IRS Cracking Down on Offshore Monies

Tax firms are now scrambling to comply with stricter regulations that require any clients who maintain monies offshore must file the proper forms and claim every last penny.  And this applies to t

Submitted by Jagajeet Chiba on, Jun/25/2009

Antigua Police Arrest Bank Regulator Tied to Stanford

By Evan Perez, www.wsj.com

Submitted by Guest on, Jun/25/2009

Paddy Power Hurt By Lucas Glover

While Gambling911.com reported yesterday that its friends over at Sportsinteraction.com ha

Submitted by C Costigan on, Jun/23/2009

Harrah’s Believes They Will Have Success in Online Gambling

MGM tried and failed to enter the online gambling market several years back.  Like MGM, Harrah's has planned to start offering its Internet gambling product in Europe where it will compete head on

Submitted by C Costigan on, Jun/22/2009

Allen Stanford Paid Bribes to Antigua Official

In a revelation that has sent shockwaves through the online gambling sector of Antigua, news broke that the Caribbean nation's top bank regulator had been paid $100,000 by Allen Stanford to conduct

Submitted by Jagajeet Chiba on, Jun/22/2009

Casino Tropez Does Not Associate With White Supremacists

In an official statement released by CasinoTropez.com, the online gaming site denies ties to white supremacist murderer James W. von Brunn.

Submitted by Thomas Somach on, Jun/18/2009

Gambling Shares Up, Sportingbet a BUY

As Prime Minister Gordon Brown continues to cling on to power - despite dismal European election results and further resignations - bookmaker Paddy Power was offering odds of 8/1 that he'll be de-t

Submitted by Guest on, Jun/10/2009

Bodog Domain Moves Back to Bodog.com

After having lost their original domain name for two years, Bodog is back....Actually, Bodog.com is back.  The site is estimated to have lost significant busine

Submitted by Guest on, Jun/10/2009

Fontainebleau Las Vegas in Chapter 11: Ceiling Collapses at Miami Hotel

Fontainebleau Las Vegas, a $3 billion resort project on the Las Vegas Strip, filed for bankruptcy-court protection late Tuesday, the project's owners said.

Submitted by Guest on, Jun/10/2009

William Hill in Rogue Online Casino Flap

Following a joint partnership deal with online casino giant, Playtech, late last year, it turned out that Great Britain's second largest bookmaker may have inherited a few "rogue" online

Submitted by C Costigan on, Jun/09/2009

Is Facebook Compliant With US Online Poker Laws?

A very interesting debate is underway revolving around what does and what does not constitute gambling.  Facebook and MySpace are the world's two most recognizable social networks, and each of the

Submitted by Guest on, Jun/09/2009

Minnesota Drops "Black List" Blocking Order in Settlement with iMEGA

 An order to Internet service providers to enforce a
"black list" of Web sites has been rescinded by the Minnesota

Submitted by Payton on, Jun/08/2009

Good Odds Paddy Power Has Backed a Winner

BOOKIE turned boardroom protagonist Mark Read could walk away with $11.6 million stashed in his bag after Ireland's biggest online betting and gaming provider, Paddy Power, lobbed a 60¢-per-share

Submitted by Guest on, Jun/04/2009

Sportingbet to Focus More Heavily on UK Market

The Financial Times reports that

Submitted by Jagajeet Chiba on, Jun/04/2009

Harrah’s Bets on Japan, Taiwan Expansion

MACAU, June 2 (Reuters) - Harrah's Entertainment Inc, the world's largest casino operator, is eyeing expansion opportunities in Taiwan and Japan, as it bets on the fast-growing and affluent Asia ma

Submitted by C Costigan on, Jun/02/2009

World Series of Poker Stimulus Special a Hit

With the economy in complete disarray, everyone is looking for an economic stimulus package, and the poker world is no exception. 

"The demand for the Stimulus Special could be felt the moment we announced it," said World Series of Poker commissioner Jeffrey Pollack. "We welcome all the first-time players to the World Series of Poker and wish everyone good luck in their pursuit of a gold bracelet."

So what exactly is the World Series of Poker Stimulus Special?

Submitted by Ace King on, Jun/01/2009

City of Dreams Latest Bet on Gambling Haven Macau

MACAU (Associated Press) - The City of Dreams, a massive casino resort in Macau, was unveiled Monday in the latest multibillion-dollar bet that this once seedy Chinese gambling enclave will become

Submitted by Guest on, Jun/01/2009

Harrah’s New Online Poker Unit Coming to Montreal

As first reported on Gambling911.com, Harrah's will be launching a new online unit.

Submitted by Jagajeet Chiba on, Jun/01/2009

MGM Told to Cut Ties With Macau and Pansy Ho

New Jersey regulators have told MGM they need to abandon a joint venture with Macau and Pansy Ho, accusing the later of being part of an organized crime family.

Submitted by Jagajeet Chiba on, May/28/2009

Harrah’s $1 Billion in New Notes to Pay Old Debts

LAS VEGAS-(Associated Press) - Casino operator Harrah's Entertainment Inc.

Submitted by Guest on, May/28/2009

Cashcade Online Bingo a Hot Commodity

All eyes on the prize as the likes of PartyGaming and 888.com are looking to acquire online bingo company, Cashcade. 

Cashcade have been active in the gaming space for over 6 years and have in that time been both a software developer and marketing organisation. The business has developed its own brands Getminted.com and Foxy Bingo into high successful products in their own right.

Submitted by C Costigan on, May/26/2009

Unemployment Rate: You Can Bet On It

The unemployment rate throughout the world is skyrocketing.  And while online gambling websites based out of the United Kingdom have long been offering unemployment betting,

Submitted by Alistair Prescott on, May/25/2009

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