Gambling Companies

Gambling Companies, Gambling Stocks

MarketWatch: Gaming-Fund Manager on MGM, Scientific Games, Gigamedia

CHICAGO (MarketWatch) -- Dan Ahrens has been on a serious losing streak in Las Vegas but since he always bets on the house, he's confident that his luck will soon change.

Ahrens is manager of the Ladenburg Thalmann Gaming and Casino Fund, which is down more than 40% over the past 12 months as investors sell gambling stocks in the wake of an accelerating decline in visitation and gambling revenue in Sin City and elsewhere.

"The selling has been very overdone," Ahrens said. "Gaming revenues are down somewhat in Vegas but it is far from a ghost town.

Submitted by Guest on, Aug/22/2008

Sportsbook.com Still Recovering Following Industry Processor Loss

One of the online gambling industry's most successful sports betting enterprises,

Submitted by C Costigan on, Aug/21/2008

Online Poker Community Sees Some Justice With Indictments

News that an investor in AbsolutePoker.com has been under a sealed indictment in the United States may offer some solace to those demanding indivi

Submitted by C Costigan on, Aug/20/2008

Gambling Nurse Ignores Woman in Labor Ad Banned By Brits

The Advertising Standards Authority banned an advertisement put out by Wink Bingo Wednesday on the grounds that it encouraged gambling while at work.

Spacebar Media produced the ad that features a scantily clad nurse celebrating her big bingo win next to a trolley holding surgical equipment and a laptop, which read ‘Wink Bingo Winner' while a woman was presumably giving birth and being ignored by the nurse.

The ad's catch line read: "Find the appropriate moment..."

The ad itself was deemed "inappropriate" and promptly yanked.

Submitted by C Costigan on, Aug/20/2008

Boss Media Assets to be Frozen: Loses Litigation Matter

One of online gambling's most established software providers, Boss Media, has had its assets seized in Malta.

PokerTrillion have been successful in its application to enforce the seizure of the servers from their previous network providers, Boss Media. According to a press release from Poker Trillion, Boss Media will not be able to continue commercial activity or appeal as of September 18th.

Submitted by C Costigan on, Aug/19/2008

BetonSports Founder Could be Close to Settling with US Government

Gary Kaplan, the captured founder of online gambling's once largest sports betting outfit BetonSports, could be settling with US authorities for an untold amount of money according to various sourc

Submitted by C Costigan on, Aug/19/2008

Sportech Football Pools Will be Featured in London’s Daily Mail

Sportech plc have brokered a deal with the Daily Mail to disseminate New Football Pools data.

Submitted by Guest on, Aug/18/2008

Bombs in Spain a Concern to Those Attending Online Gambling Conferences

Two resorts in Spain reported bomb blasts on Sunday just one month before scheduled online gambling conferences were to take place in Barcelona.

Submitted by C Costigan on, Aug/17/2008

2008 Olympics: Which Gambling Sites Get the Gold, Silver and Bronze?

When it comes to the 2008 Olympics and betting, not all online gambling websites are made the same and some barely offer bets on the games.

Submitted by C Costigan on, Aug/14/2008

Playtech Wins Contract for Italy Online Poker Room: Snai What??

Online gambling software provider Playtech has agreed a licensing deal with Snai, which manages a network of 6,000 betting shops in Italy.

Maurizio Ughi, chairman of Snai, said: 'Having chosen Playtech's portfolio, we are able to offer our customers two poker games, Texas Hold 'Em and Omaha. Our aim is to be the leading player in the Italian market for skill games, as we are for horse racing and sports betting.'

Submitted by Ace King on, Aug/13/2008

Everest Poker Revenues Way Up for Parent Company

Everest Poker's parent company GigaMedia's second-quarter results revealed revenues were up 31% on same period last year to US$52.5m, with operating income growing 18% to US$11.9m.

Submitted by C Costigan on, Aug/13/2008

Las Vegas Continues to be Paralyzed by US Economy Woes

Statewide, gambling revenue for June was down a little more than 1% at $949.3 million, according to the Nevada Gaming Control Board.

And on the Strip -- which accounts for roughly half of all gambling in the Silver State -- monthly revenue fell 3% to $486.4 million. After a relatively upbeat start to 2008, Nevada gambling revenue is down nearly 2% for the year to date, with the Strip off 1.5%.

Submitted by Guest on, Aug/13/2008

iMEGA Founder Responds to Remote Gaming Association Comments

Mr. Hawkswood,

Submitted by Guest on, Aug/12/2008

Remote Gaming Association Explains Why They Support HR 6663

HR 6663 or the Unlawful Internet Gambling Enforcement Clarification and Implementation Act of 2008 is purposed to clarify what constitutes what as legal and illegal under the UIGEA.

Submitted by C Costigan on, Aug/11/2008

Unibet Second Quarter Profits More Than Double

Aug.

Submitted by Guest on, Aug/11/2008

The Remote Gambling Association Likes Bill Targeting Sports Betting

What are they thinking?

Submitted by C Costigan on, Aug/10/2008

UK Alone Could Bet £25m on Beijing Olympics

Corruption, gambling syndicates and perhaps some "fixes" were all part of the worries that coincided with a report citing the United Kingdom alone could be responsible for some £25m bet

Submitted by Alistair Prescott on, Aug/09/2008

Online Sportsbooks: What’s On Tap This Weekend?

Here we are heading into the second full week of August and things are really starting to heat up at Gambling911.com's esteemed online sportsbooks.

Taking center stage this weekend will be the 2008 Summer Olympics in Beijing where many of these sportsbooks will be offering bets on everything from which country will take home the most gold medals overall to which country will take home the most gold in each individual event.

Submitted by C Costigan on, Aug/08/2008

Why Chelsea is the Favorite With Bookies: Players Blow Big Cash

According to a report in the London Independent, the local bookies are loving Chelsea...but not necessarily to win the upcoming season.

Submitted by Alistair Prescott on, Aug/08/2008

Snoop Dogg Tied into BetonSports Bookie Mobile Defendants

Three individuals who plead guilty to federal charges in a US online gambling case against BetonSports.com, once promoted a Miami Snoop Dogg poker charity never could quite get off the ground....or

Submitted by C Costigan on, Aug/08/2008

Cryptologic Reports Modest Revenue Growth for Second Quarter

CryptoLogic Limited, an Internet gaming software, today reported its financial results for the three months ending June 30, 2008, posting modest revenue growth over the same period a year ago.

Submitted by Guest on, Aug/08/2008

Deutsche Bank AG Forecloses on $3.5 bil Las Vegas Casino

The $3.5 billion Cosmopolitan Resort & Casino in Las Vegas has come to stand for everything that could possibly go wrong with today's mortgage crisis.

Submitted by Jagajeet Chiba on, Aug/07/2008

Lawmakers urge US stop action vs EU gambling firms

WASHINGTON, Aug 7 (Reuters) - Two U.S. lawmakers have urged the U.S.

Submitted by Guest on, Aug/07/2008

Three Plead Guilty in BetonSports Case

Three Florida men pleaded guilty in federal court in St. Louis Wednesday to online gambling-related charges, marking a first in attempts to shut down online gambling, prosecutors said.

The three are the first individuals to plead guilty in the case involving BetOnSports, which was once one of the largest online gambling companies in the world, and the first convictions of a "non-gambling entity" like an advertising or marketing company for a gambling-related crime, Assistant U.S. Attorney Steven Holtshouser said.

Submitted by Guest on, Aug/07/2008

Ladbrokes Prepared to Accept US Poker Bets Says Managing Director

England's largest bookmaker, Ladbrokes, is said to be considering accepting US poker bets in a move sure to rattle the industry.

Submitted by C Costigan on, Aug/07/2008

Full Tilt Poker Down for Maintenance All Day

Submitted by C Costigan on, Aug/05/2008

Online Casino Shuts Down Amid Allegations

Submitted by Guest on, Aug/05/2008

Sue Schneider Steps Down from CEO Position at Clarion

Submitted by Payton on, Aug/04/2008

HR 6663 Not Welcome by Online Gambling Community

Submitted by C Costigan on, Aug/04/2008

Breaking News

Can I Bet the Nathan's Hot Dog Eating Contest From My State?

Can I Bet the Nathan's Hot Dog Eating Contest From My State?

You can bet the Nathan's Hot Dog Eating Contest from just about every U.S. state courtesy of BetUS.

Adesanya vs. Pereira and Volk vs. Oliveira Fight Odds Released

Oddsmakers believe that Alex Pereira is up next for Adesanya with Pereira a slight +140 underdog.  Adesanya comes in at -160.  He was a -180 favorite Saturday night.

Where Can I Bet Sports From North Carolina Online?

Where Can I Bet Sports From North Carolina Online?

With news that a push to legalize mobile sports in North Carolina had officially failed on July 2, Tar Heel State residents need not fear. Sites such as NitroBetting, operating offshore, now allow individuals to place bets by simply providing their emails.