Business & Financial
Bernard Madoff Scammed Professional Poker Player
A professional poker player who is in the Poker Hall of Fame is among the thousands of investors who were scammed out of money by con man financial manager Bernard Madoff.
California Wants Legislation Making Online Poker Legal
California lawmakers are working to pass a measure that would legalize online poker. The state, which has been among the hardest hit by the current recession, would welcome some already existing
Las Vegas Deep Discounts Make for an Attractive Vacation Spot
It may seem illogical. Head to Vegas and spend money gambling, dining, checking out the shows. But that's what economic stimulus is all about, getting people to spend....just do so wisely. Du
Bookmaker Not Hurt by Recession: Opening 80 More Shops
Paddy Power, Ireland's biggest bookmaker, plans to expand into Scotland with the opening of 80 more shops by 2011 with a stg£16m investment.
Online Gambling and the Economy: The Media Stimulus
Throughout these trying times, Gambling911.com will be highlighting ways in which a fully legalized online gambling industry can help to stimulate the U.S.
Michael Phelps Might Need to Become a Poker Pro… Fast!
Olympic gold medalist swimmer, Michael Phelps, was dropped by one sponsor this past week following the fallout of his "marijuana" usage at a party this past fall.
Kellogg Co became the first major consumer firm to terminate an endorsement relationship with Michael Phelps. The world's largest cereal maker said on Thursday it would not extend a contract with Phelps, who won 8 gold medals at the Beijing Olympics last summer. The company said the Phelps "bong incident" was inconsistent with its public image.
PartyGaming Sees 4th Quarter Results Sluggish
(Reuters) - Online gaming firm PartyGaming (PRTY.L) said on Friday it expects full-year earnings to beat forecasts even as the strong dollar impacted fourth quarter revenue, which fell 18 percent a
Pennsylvania Wants Video Poker Legalized to Pay for College Tuition
(Associated Press) Gov.
Bad Beat Poker Jackpots Winning Big in Bad Economy
It turns out that in online poker winning really isn't everything.
888 Holdings 4th Quarter Figures Bad, January Good
The online poker craze appears to be going off the boil judging by 888 Holdings's fourth quarter figures, though the online gaming firm said its full-year 2008 earnings should meet
Financial Crisis Not Affecting Poker Pro Shannon Shorr
With all this doom and gloom Gambling911.com has been reporting about poker pros in dire straits due to the financial crisis, it's good to see that young ‘em Shannon Shorr may be taking some time
World Economic Crisis Digs Deeper Into Poker World?
Gambling911.com has reported in recent weeks on big name poker players who appear to be getting hit by world economic crisis.
Super Bowl Betting Down in Vegas: Up Online
The Super Bowl betting numbers are in and the results: A total of $81.5 million was wagered in the state's sports books on Super Bowl XLIII, an 11.5 percent decrease from the game's 2008 handle, ac
Wells Fargo Cancels Trip to Vegas
After intense pressure in the media, Wells Fargo Bank has decided to cancel a highly publicized trip next month to Las Vegas for employees as part of a gambling excursion. Many charged the financ
Barney Frank Agenda Includes Online Gambling
U.S. Rep. Barney Frank, a Massachusetts Democrat and head of the U.S.
Steelers Win and Failure to Cover Best Scenario for Books
"It was the best-case scenario for us to have the Steelers win and not cover," Hilton Sportsbook Director, Jay Kornegay told the Las Vegas Review Journal Monday.
For online sportsbooks, nearly 80 percent of the money line action was on the Arizona Cardinals to win outright. Betting on the Pittsburgh/Arizona spread was relatively even but for many books, the amount of bets taken favored the Steelers.
Rising Poker Star Joins LA Times Business Staff
He finished in 60th place at the World Series of Poker last summer and came in 4th place in September's California State Poker Championship. Stuart Pfeifer may not be a big
Recession Has No Effect on 2009 Super Bowl Betting: Records Broken
There was a bright spot heading into this new week amidst what is otherwise a dark abyss known as the world economic meltdown. The 2009 Super Bowl has been deemed a success despite an economic re
Super Bowl Gambling Often an Introduction to Online Websites
Sportsbook.com and BetUS.com appear to be reaping the rewards of a mainstream press fixation with Super Bowl gambling. Both websites offer creative bet options and the necessary means for publici
2009 Super Bowl Betting Not Hurt by Financial Crisis
Slightly more money was brought in on this year's multi-million dollar Super Bowl ad spots than last year, the parties are still taking place and of course 2009 Super Bowl betting will go on as it
Super Bowl Betting in Las Vegas Big as New Year’s Eve
Few events draw bigger crowds to Las Vegas than the Super Bowl and the betting frenzy that coincides with it - not to mention the huge parties. Celebrities descend upon Vegas in droves this weeke
Recession Hitting the Poker World? Tom Dwan Durr Broke
The other day AintLuck.com reported on Todd Brunson, son of the poker legend, Doyle Brunson, running into some finan
Betting Market Asks: Davos World Economic Forum Matter?
As business and political moguls hobnob at the five-day Davos junket we will measure whether many of those who presided over blunders in business
UK Online Gambling Operators: Tax is Horribly Wrong
European online gambling website operators will enjoy a huge advantage over their rivals in the UK according to a report in UK Marketing Week.
Financial Crisis Hits Todd Brunson Investments Hard
It never seems to end and some of us here at Gambling911.com have concerns this is just the tip of the iceberg. Financial problems have reportedly hit the son of poker legend Doyle Brunson.
Hilton Las Vegas Hopes Super Bowl Betting Boosts Economy
Hilton sports book executive director Jay Kornegay told the Las Vegas Sun that there are more than 300 such wagers on the Hilton's sheets this year.
U.S. Economy: States Can Ill Afford to Lose Their Lotteries
In this time of serious economic crisis in the U.S.
Playboy Problems Not Stopping With Online Poker Room
The closure of Playboy's online poker room last week appears to be just the tip of the iceberg.
The famed company warned investors that it will take a write-down of goodwill and other charges amounting to more than $100 million, resulting in a net loss for Q4. The magazine publisher also expects a $4 million charge on cost-reduction initiatives, which will include an unspecified number of job cuts. The company will also fold its New York office according to reports.
"Who knew sex was a bad business to be in?" asks Belinda Luscombe of Time Magazine.
Porn Poker Room: Latest Casualty of Struggling Economy
Apparently, porn can be sustained, but poker can not.
Online Gambling Still Thriving in Recession
The Isle of Man, an important online gambling center, reports that the industry is its fastest growing during these hard economic times.
