Gambling Companies
Gambling Companies, Gambling Stocks
Las Vegas Economy is Scary
The Las Vegas economy is showing signs of further deterioration, as unemployment continues to climb.
The department's latest data show records of 13.3 percent joblessness statewide and 13.9 percent in Las Vegas in September, and the building sector leads the way in job loss. Contractors added 48,000 jobs statewide from 1997 to 2007, and they've shed 50,000 positions since the recession began in December 2007.
Harrah’s Hires Former Disney Exec
Peter Murphy, a confidante of Michael Eisner while he ran Walt Disney Co. (DIS), has been hired as strategy and development chief for Harrah's Entertainment Inc.
Gary Loveman, chairman and chief executive of the debt-laden casino operator, sees Murphy helping as the company continues "to identify areas for future growth and to explore opportunities created by current economic conditions."
William Hill Profits Unaffected by Football Results
British bookmaker William Hill said profit expectations at its retail business had been unaffected by a run of punter-friendly football results.
Big Stick Media Shuts Its Vegas Office
Big Stick Media Corporation ("BSM" or the "Company") (TSX VENTURE:BSM) announces today that it has ceased the operations of its wholly-owned subsidiary, National Sports Services
Cryptologic Warns of Revenue Drop
Online gambling software firm Cryptologic has said it expects to report a 31 percent year-on-year fall in the third quarter of 2009 with revenue dropping to US$9.6 million from US$14 million last y
PartyGaming Confident About 3rd Quarter Revenue Rise
LONDON, Oct 15 (Reuters) - Online gambling firm PartyGaming (PRTY.L) said on Thursday it was confident about its full-year prospects, having made a strong start to the fourth quarter.
PartyGaming said its total revenue rose 11 percent to $112.7 million in the third quarter from the previous quarter, despite it normally being a weak period for the industry as players take their summer holidays.
Casino revenue climbed 2 percent to $49.2 million.
Players Only Poker Wants to Expand
By now it is no secret that for the American-based online poker player, getting money in and out of their favorite gaming site can at times be challenging, if not near impossible.
Betfair will offer U.S. pools overseas
By Matt Hegarty, Daily Racing Form
Full Tilt Poker Issues Statement re: Robot Case
Call it arrogance on the part of the world's second largest online poker room. Full Tilt Poker typically does not comment on any type of complaints lodged against it from lawsuits to player compl
Impact of Recession Worse on Bookies Than Expected
Much of the news in the world of bookmaking by week's end dealt with the impact of a worldwide recession. It's been said that the gambling industry for the most part is recession-proof. We lear
France Bans Betting Exchanges: Betfair Out!
France has effectively banned betting exchanges such as the wildly popular Betfair. The ban comes as a result to a surprise amendment appearing as part of that country's new gambling laws.
Sportingbet Plans to Join Main London Market
Aim-listed Sportingbet is preparing to move up to the main market, having recovered from the disastrous impact of the effective ban on online gambling in the US in 2006.
Andrew McIver, chief executive, said the move to the main market was prompted by Aim's under-performance over the past year. "In bull markets, Aim does pretty well but if you think the recession is going to last some time, Aim is going to get unduly punished."
Sportingbet hopes to widen its shareholder base when it graduates to the main market within the next six months.
Things Getting Even Worse for Pitbull Poker
When your offices close up shop and your boss is placed under arrest, normally, things can't get much worse for your company. However, things really are getting worse for the newly defunct Pitbull Poker and its operators with the news that after learning that the site was in fact doing shady things against its customer, players are now seriously considering taking legal action against them.
Lawyer in Full Tilt Poker Bot Case Has Reputation
The Pokerati.com website observed that the attorney representing plaintiffs in a much publicized
Full Tilt Poker Lawsuit Details Released
The folks from Pokerati.com have obtained the latest lawsuit against Full Tilt Poker in its entirety, all 19 pages of
5Dimes Sportsbook Caught Up In Pit Bull Poker Flap
As luck would have it, some online sportsbooks happened to be using the Pit Bull Poker skin as part of its suite of product offerings.
Phil Hellmuth vs. Harrah’s and the World Series of Poker
World Series of Poker record bracelet holder Phil Hellmuth is not exactly happy with the tournament these days or the folks who run it, Harrah's.
Hellmuth spoke to French media about how Harrah's new online poker website could damage the WSOP. The site will not be available to US customers at the onset. Harrah's announced a partnership agreement with the strong European brand, 888.com earlier last month.
BetPhoenix Website Down Down Down... And Out
BetPhoenix.com, an online sportsbook out of Costa Rica, may finally get their online act together come Tuesday of next week. That's when the company is se
Full Tilt Poker, Phil Ivey Face Another Lawsuit
TMZ.com is reporting that two poker players have sued online poker room Full Tilt Poker for $80,000.
Pitbull Poker Owners Arrested
If you have been following Gambling911.com over the last 24 hours, you would know that the online poker room Pitbull Poker had shut its doors with what appears to be zero intention of payin
Pitbull Poker, Action Poker: The Writing Was On The Wall
The sudden demise of Pitbull Poker and the inability of publicly traded Action Poker to get its act together drives home the point that online poker is no safer than online sports betting.
Online Poker: Pitbull Poker Shuts Down
Struggling online poker room Pitbull Poker has shut its doors according to reports across the Net on Wednesday. The company has been embroiled in
Sport Match Fixing Big Concern With Bookies Offshore Move
RGA boss Clive Hawkswood told eGaming Review Magazine that the claims by some in the UK press that British sport faces an increased threat of match-fixin
888.com Looks to South Africa
Online gambling group, 888.com, is looking to capture the lucrative South Africa market through its Dragonfish division. A joint venture with South Africa's Tsogo Sun Gaming Group and will help t
Third Party Software No Good on PokerStars, Full Tilt
It was revealed yesterday that PokerStars and Full Tilt Poker, the online poker industry's two largest sites, have both recently updated their operating software.
Joe Sebok Had Reservations About Joining UltimateBet
There are many in the online poker community who simply cannot find it in their hearts to forgive Ultimate Bet, now the 5th largest online poker room in the world, after they were found
World Poker Exchange Averaged 35 Players Last Week?
The average "real cash" players at PokerStars this past week: 25400.
The average "real cash" players at the World Poker Exchange this past week: 35
Macau Seedy Casino Industry a Goldmine
In an article published by the Sydney Morning Herald Tuesday morning, it is revealed how Macau's casino industry has flourished despite a worldwide economic crisis. Gaming revenue has roared abov
