Business/Financial

Betting on Stocks Still Available…. Just Not From SEC

The Securities and Exchange Commission early Friday imposed a temporary emergency ban on short-selling of financial company stocks, a trading method that bets the stocks will go down.

Submitted by Jagajeet Chiba on, Sep/19/2008

Short Selling Banned in London: New York Next

Financial regulators in the U.S. and U.K., attorneys general in New York, Texas and Connecticut, and the three largest U.S.

Submitted by Jagajeet Chiba on, Sep/18/2008

Some Around Vegas Panic In Wake of Nevada Bank Closure, Market Meltdown

Southern Nevadans are panicking and considering extraordinary steps to avoid losing more money in the stock market, real estate and even bank savings accounts, one local banker told the

Submitted by Jagajeet Chiba on, Sep/18/2008

Washington Mutual Heading for Sale According to Reports

Ailing bank Washington Mutual Inc.

Submitted by Jagajeet Chiba on, Sep/17/2008

DOW to Close by 50 points or More on Previous Day Say Gamblers

65 percent of gamblers Wednesday morning believed that the DOW would close by 50 points or more from Tuesday's close according to the intrade.com predic

Submitted by Jagajeet Chiba on, Sep/17/2008

AIG Was Likely to Fail Wednesday: Bailed Out by US Government

If a financing solution is not reached, American International Group (A.I.G.) may file for bankruptcy as soon as Wednesday, a person briefed on the matter told the New York Times Monday night.

Submitted by Jagajeet Chiba on, Sep/16/2008

Possibly a Thousand More Banks Will Close Says Analyst

Wilbur Ross, chairman and CEO of WL Ross & Co., provided CNBC viewers with a most ominous prediction.

Submitted by Jagajeet Chiba on, Sep/15/2008

Is Washington Mutual Going to be the Next Bank to Fail?

With news that Lehman Brothers is facing immanent bankruptcy and Mer

Submitted by Jagajeet Chiba on, Sep/14/2008

Lehman Brothers Bankruptcy Would be Biggest in 18 years

The New York Times was reporting on Sunday that the bankruptcy of Wall Stree

Submitted by C Costigan on, Sep/14/2008

50 Percent Chance US Will Go Into Recession By End of 2008

Isn't the US already in a recession? Not quite....but almost!

Americans are losing their jobs at a steady clip, Ben Steverman of Business Week reported this week. According to a Labor Dept. report released Sept. 5, the unemployment rate hit 6.1% in August, and U.S. payrolls dropped 84,000-with both numbers worse than economists were expecting.

Submitted by Jagajeet Chiba on, Sep/11/2008

Wachovia in Better Shape According to Prediction Markets

Despite receiving the most betting volume, the gambling majority does not believe that Wachovia will be closing before the year's end.

Submitted by C Costigan on, Sep/10/2008

Southwest Airlines Lets the Industry Have it During 2008 NFL Opener

Southwest Airlines - the official sponsor of the NFL - let the airline industry have it Thursday night with an ad that reinforces the idea that Southwest, unlike most of its competitors, does not c

Submitted by Payton on, Sep/04/2008

PartyGaming Indian Co-Founder Appears on Forbes 15 Asian Billionaire List

Anurag Dikshit, with net worth of $1.6 billion, spearheaded the development of technology that helped in the launch of the online poker boom.

Submitted by C Costigan on, Sep/04/2008

Gambling911.com Test Article

Testing System Article - Please Excuse us as we Conduct a Systems Test While Site Remains Online.

First, he has hinted at choosing Florida Governor Charlie Crist as his running mate. Florida likes its Republican Governor, whose own Election Day ads referred to him as a “Ronald Reagan Republican”. Crist hasn’t suffered the backlash brought on by the unpopularity of the current Republican administration.

This is a contest test.

Submitted by C Costigan on, Aug/28/2008

Stronger Dollar Could Rally Economy: Gambling Affiliates Worry

The US dollar this week hit a 6 month high against the euro and it might not be done just yet.

Submitted by Jagajeet Chiba on, Aug/28/2008

Starbucks Closes 16 Starbucks in Las Vegas

A sure sign the US economy is in trouble - Starbucks is closing 600 of 11,168 stores and 16 in Las Vegas alone (10 percent of all Starbucks in Sin City).

Starbucks' surge and contraction mirror the Las Vegas economy, said Keith Schwer, director of the Center for Business and Economic Research at the University of Nevada in Las Vegas. ``We've gone from having a better unemployment situation than the national economy to one that is slightly less.''

Submitted by Jagajeet Chiba on, Jul/31/2008

The US Economy in Dire Straits: Vegas Not Immune

Submitted by C Costigan on, Jul/21/2008

BankUnited, Downey Financial Getting Hammered by Gamblers

Submitted by Jagajeet Chiba on, Jul/17/2008

UBS Cuts Offshore Banking for US Citizens

The Wall Street Journal reports that UBS will close private-banking operations for U.S. clients:

Submitted by Guest on, Jul/17/2008

Cracking Down on Tax Evaders: Feds Cracking Down Hard

Submitted by Guest on, Jul/17/2008

Intrade Adds Wachovia to Bank Closure Options

The online predictions market - Intrade - which is based out of Dublin, Ireland and takes bets from US citizens, today added Wachovia Bank to its growing list of banks with odds of closing.

Submitted by C Costigan on, Jul/16/2008

US Banks to Fail: Prediction Market Lists Odds

Online gambling site Intrade had posted odds for a handful of US bank failure possibilities Tuesday, with very few bidders thus far.

Submitted by C Costigan on, Jul/15/2008

Which Bank Will Fail Next? Oddsmakers Ponder the Question

Submitted by C Costigan on, Jul/14/2008

Starbucks Doesn't Buck Trend: GM Sinks to Lowest Levels Since 1954

A recession is brewing. Coffee at more than 600 Starbucks stores will stop being brewed as a result.

Submitted by C Costigan on, Jul/04/2008

Breaking News

Maine Sports Betting Market Limited and Not Likely to Go Live for Another Two Years

Maine Sports Betting Market Limited and Not Likely to Go Live for Another Two Years

Up to 12 entities have reached out to the Maine Gambling Control Unit to introduce themselves and offer information about their services, but they're not who you might think.

Kevin Durant Next Team Odds Have Suns Favored at 4-5

Kevin Durant Next Team Odds Have Suns Favored at 4-5

The Brooklyn Nets come in at the middle of the pack to win the 2023 NBA Championship, thanks in no small part to Kevin Durant asking to leave.

Can I Bet Sports Online With Just a Valid Email?

Can I Bet Sports Online With Just a Valid Email?

More and more online sportsbooks are moving to the anonymous wagering model.  Sites like Nitrobetting only require a valid email to open an account and to get paid.