Gambling Companies
Gambling Companies, Gambling Stocks
Jagajeet Chiba: Betfair Marketing Campaign Would be a Tough Sell in States
Jagajeet Chiba discusses Betfair’s latest marketing blitz. His views and opinion do not necessarily reflect that of Gambling911.com Management.
While Betfair has some presence in the United States through its horse racing arm (this form of online betting is deemed “legal” under the Unlawful Internet Gaming Enforcement Act), much of its betting exchange remains off limits to U.S. residents. That is the least of their worries.
Instability at Cryptologic Intensifies
Over the past year, Gambling911.com has reported on the infighting at one of the oldest online gambling software firms, Cryptologic.
Breaking News: PartyGaming Named in Kentucky Lawsuit
The Commonwealth of Kentucky is suing PartyGaming for past illegal gambling operations with its residents.
Harrah’s Could Take Over Foxwoods Casino Project in Philadelphia
The Philadelphia Inquirer is reporting that casino giant Harrah’s could take over the troubled Foxwoods Casino along the Delaware waterfront in South Philadelphia.PartyPoker Beats Full Tilt Poker….In France
With France opening its market to online poker sites, PokerScout.com is now separating the French domains in its monitoring of “real cash” players rankings.
Ladbrokes Axes Senior Managers, Sees 7 Percent Profit Loss
“In recent times, the strength of our brand has diminished. We feel the need to regain our primacy.”
IMEGA vs. Holder - Federal Defendant's Motion to Dismiss
IMEGA vs. Holder - Federal Gov. Motions to Dismiss, August 2, 2010
GoDaddy.com Sued for $100 Million in Aiding Michael Jackson Online Casino
The popular registrar GoDaddy.com is being sued for its allowing a company to register the MichaelJackson.com online casino, according to TMZ.com.
GoDaddy.com is being pursued by Howard Mann, who claims he owns the copyright to photos features on the Internet casino website, which remains up as of press time Tuesday morning. The mystery owner registered through GoDaddy.com, according to the suit.
Las Vegas Sands Corp Booming Asia Business: Shares Rise 2.3 Percent
Shares in Las Vegas Sands Corp (LVS.N) posted a better-than-expected quarterly profit last week thanks to its new Singapore resort and gambling in Macau.
Sands, whose shares rose 2.3 percent in morning trading, earned 17 cents a share in the second quarter after adjusting for one-time items. Analysts on average expected 9 cents a share, according to Thomson Reuters I/B/E/S.
Net revenue rose nearly 51 percent to $1.59 billion.
"They had a monster quarter," said Sanford Bernstein analyst Janet Brashear.
