Gambling Companies
Gambling Companies, Gambling Stocks
Bank Sues Crown Casino
The Bendigo and Adelaide Bank claims Crown ignored the fact the pokies addict could not afford to put millions of dollars into the machines.
PartyGaming Former Executive Mitch Garber Joins Harrah’s
Harrah's, which owns the World Series of Poker, has just brought former PartyGaming CEO Mitch Garber on board to head a new company that will handle its online operations. The move has fueled spe
Poker Icons Expands Into Europe, Asia
Poker Icons, a poker agency who represents players like Annette Obrestad, Juha Helppi, Peter Jepsen, Jesper Hougaard, Alex Kamberis, Chris Moorman, Brian Hawkins, John Tabatabai, Soren Kongsgaard h
Microgaming Under Fire for Online Poker Skin Scandal, Grand Prive Mess
The well established and well regarded online gambling software and poker firm, Microgaming, has had its good name dragged through the dirt in recent months.
First, one of the company's online casino brands - the Grand Prive Group - decided to abruptly terminate its "life time agreement" with its affiliates. Grand Prive continues to operate and it still does so from the Microgaming platform apparently.
Now we are learning of an online poker group utilizing the Microgaming network that has just shut its doors.
Will PartyGaming Come Back to the US?
The news that PartyGaming had finally settled with the US Government quickly turned to talk of the company re-entering the US market. Approximately 80 percent of its customer base was from the Un
UFC 97 Sponsorship Confirmed by UltimateBet Poker Room
The world's seventh busiest online poker room, UltimateBet.com, has earned sponsorship rights to upcoming Ultimate Fighting Championship 97 (UFC 97), the company informed Gambling911.com on Tuesday
Stocks Rally Following PartyGaming Settlement Deal
Following news that PartyGaming had settled with the US Government to avoid future prosecution, the online gambling sector, which lost significant market share since late 2006, began to rally on Tu
Dikshit Gets Short End of the Stick
With news announced Tuesday that PartyGaming had entered into a settlement agreement with the US Government to avoid future prosecution, one cannot help but question if co-founder, Anurag Dikshit,
PartyGaming Will Avoid US Prosecution
Online gambling firm, PartyGaming, has clinched a deal with US authorities that would ensure it avoids prosecution according to the Guardian Newspaper on Tuesday.
Crown Casino Won’t be Taking Stake in Las Vegas Project
Australia's Crown Casino has denied media reports that it plans to take a stake in the troubled City Center development in Las Vegas.
Online Poker: Microgaming Poker Moves Into Number 8 Spot
PokerSiteScout.com has now moved Microgaming poker into the number 8 spot of online poker rooms/networks after the long established South African softwa
UltimateBet Latest Poker Room to Take on the UFC
UltimateBet.com, the popular online poker room and world's 7th largest, on Thursday announced a sponsorship deal with UFC fighter and rising wel
Youbet.com extends, modifies stock buyback plan
Online gambling companyYoubet.com Inc. said Wednesday it has extended and modified its stock buyback plan and adopted a shareholder rights plan, something companies typically use
Casino Stocks Up: Wynns, MGM Grand
While the news has been mostly bleak for the land-based casino sector, good news has come this week from Wall Street.
UFC Bans Full Tilt Poker
The world's second largest online poker, Full Tilt Poker, has been banned by the UFC (Ultimate Fighting Championship).
UltimateBet Online Poker Room Celebrates 10 Years in Business
It's official! A new look of the Roman "X" reveals UltimateBet's 10th Anniversary theme, setting the gladiatorial tone as UltimateBet's catch cry "Let the Games Begin" ushers in 10 months of magnificent celebrations fitting for UB's historic 10 year milestone, including a mammoth $10 Million sponsorship on the table for anyone player to grab at this year's World Series of Poker ("WSOP").
PKR Poker Hot Shot Operator Of The Year
PRK Poker, the innovative 3D card room, has overtaken Bodog as the 14th largest online poker room according to
Macau Kingpin Urges People to United Against Foreign Casino Capital
Macau billionaire and casino mogul, Stanley Ho, has urged people to "unite against foreign capital." It's unclear what motivated the comments, according to the Las Vegas Sun. But they c
New Jersey Senator Fights for Legalized Sports Betting
This Monday, March 23rd, Senator Raymond Lesniak, on behalf of the people New Jersey and fellow plaintiffs, will file a Civil Complaint in the United States District Court, District of New Jersey,
Sport Betting Acquisition Gives Playtech a Strong Hand
By Roger Blitz, Leisure Industries Correspondent
The Financial Times UKPublished: March 20 2009
Betfair Banned: CEO Outraged
Following leakage of an Australian "Ban List", Betfair CEO Andrew Twaits expressed outraged with government officials. Twaits was unaware that his company's website had been blacklisted
Could Full Tilt Poker Buy a Vegas Casino?
Much of the talk over the past few years has related to a Las Vegas casino property such as MGM or Harrah's purchasing an already established online poker firm the likes of
MGM Casinos To Go Bankrupt?
Despite winning a two month reprieve to restructure debts, auditors raised 'substantial doubt' in whether MGM Mirage could continue operations.
Gambling News: Atlantic City Hit Hard By Recession, Sands Exec Quits
Gambling news is not good for Atlantic City. Once considered "recession proof", this latest bust to the national economy has proven that not to be the case.
Leaked Documents Reveal Dire Plight of Intralot's Lotto Agents
Hundreds of documents show that between the end of September last and January, 204 of the company's 769 agents - who each paid between $8000 and $10,000 for their licences - lost money each week se
Australia Gambling News: Reports on Playtech, Tabcorp, Bodog
Our man on the scene in Australia reports that business is booming and everyone wants in on the burgeoning online gambling industry. Even with news that certain politicians are trying to block th
Top 10 Poker Networks In Terms of Real Cash Players
The top 10 poker networks in terms of real cash players as of Mid March were as follows:
PartyGaming Returning to the U.S. Market?
News that PartyGaming, the once largest online poker firm, looks to final settle with the U.S.
James Packer Scraps Cannery Casino Resorts Crown Casino Deal
Australian billionaire James Packer has a $1.75 billion takeover of Cannery Casino Resorts LLC and sold his Australian cattle ranches to Guy Hands U.K. buyout company, Terra Firma Capital Partners Ltd. Packer's Crown Casino enterprise, Australia's biggest, rose 13.5 percent on the news. Had the deal gone through, Packer would have obtained three Nevada casinos and a racetrack near Pittsburgh.
The 41 year old Packer's fortune shrank to half this past year according to Forbes Magazine. Crown lost 56 percent of its value and the Las Vegas casinos are not faring that much better.
Gambling News: PartyGaming Bosses Screwed, Sportingbet Numbers In
An article appearing in the London Telegraph reports that, being a PartyGaming top dog doesn't exactly have its rewards...especially after you've been shown the door. Party lost two of its chiefs
