Harrahs IPO Cancelled
Harrahs, the Las Vegas casino operator and sponsor of the World Series of Poker, has cancelled its IPO on Friday, citing declining marketing conditions.
News of the Initial Public Offering being scrapped comes one day after General Motors returned to the stock market surrounded by plenty of hoopla. While the GM shares did not deliver a huge punch over the price of the initial public offering, there was still a 3.6 percent rise in the stock price.
Ladbrokes Abruptly Pulls Out of China, Hong Kong Market
With little notice, the United Kingdom’s largest bookmaker, Ladbrokes, will stop accepting bets online from those living in China and Hong Kong.
Stan James buys stake in online betting firm
Global online gaming operator Stan James Plc has announced the acquisition of a majority stake in Racing2day LLC, presided over by Belfast man Vincent Caldwell.
Majestic Star Casino Files Suit Against Online Gambling Site
The owner of Fitzgeralds casinos in Nevada, Mississippi and Colorado has filed a lawsuit against the operator of a website with a similar name to the online home of its Las Vegas casino.
2010 $19.5 million Revenue Loss for Cryptologic: 3rd Quarter Results Dismal
Crown Casino Catches Tiger Woods By Tail Again At Australian Open
Tiger Woods has been successfully lured by the Australian Open, and more impressively, Crown Casino again. James Packer and his team just keep working the magic that will see 'The Tiger' return to the scene of the crime er action at Crown Towers, that was a significant part of the 'Tiger' scandal that made worldwide headlines last year. Media Man http://www.mediamanint.com and Gambling911 go Tiger hunting, in a good way. Go get 'em tiger...
PokerStars Completes Deal With ESPN
This article is being reproduced by permission of AintLuck.com
Just days after completing a huge deal with FOXSports.com, PokerStars announced that they’ve signed yet another deal with ESPN. In this deal, PokerStars will be providing their superior software for the ESPN Poker Club. The new software is expected to be operating right before ESPN’s coverage of the WSOP Main Event begins on November 9th.
Betfair Threatens to Leave United Kingdom
The world’s largest online betting exchange, Betfair, which went public earlier this month and is valued at £1.4bn, is threatening to exit the United Kingdom over the The British Horseracing Authority (BHA) “unreasonable” racing levy.
