Gambling Companies
Gambling Companies, Gambling Stocks
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
Bookmaker Shares Up in United Kingdom
Director buying and hopes it will clean up at the Cheltenham Racing Festival this week helped bookie Ladbrokes canter 6p forward to 180½p, according to the
World Series of Poker to Become Trademarked by Harrah’s?
In an interesting - and some might say DISTURBING - report appearing on the Pokerati website Tuesday, we learn that Harrah's has applied for the patent on the t
My Thoughts on Casino Mogul James Packer
Media Man, Greg Tingle, has provided Gambling911.com with a few thoughts related to Australian casino maestro James Packer. Mr.
Playtech Moves Further Into Cryptologic’s Territory: Makes Marvel Deal
The announcement this week that Playtech had signed a licensing agreement with Marvel Entertainment Inc. was perhaps as big a surprise as the powerful online casino software firm snatching competitor Cryptologic's biggest client, William Hill, right out from under their noses. The new deal allows Playtech to use Marvel film properties such as The Incredible Hulk and the Fantastic Four in its branded games inventory. Prior to this week, Cryptologic had the exclusive rights to the Marvel enterprise as so far as gaming goes.
WagerProfits Drops CAP
One of the largest and most successful online gambling affiliate programs, WagerProfits, has dropped out of the Casino Affiliate Programs (CAP) certification platform and others may soon follow.
Bwin in Hot Water Over Affiliated Website's Unauthorized Broadcasts
John Leyden of the Register Newspaper reports that online bookie Bwin is funding a website that links to unauthorised live broadcasts of Premier League and other football matches.
Centrebet Loses Out on International All Sports Deal
Australian privately owned wagering shop Sportsbet has taken a 12.3 percent stake in International All Sports, thus effectively knocking out Centrebet International Ltd.
Paddy Power Profits Predicted to Plunge
The luck of the Irish may be running out.
Overnight, Gambling911.com had reported on the economic hardships facing Ireland in addition to one of the country's few bright spots - Paddy Power. Ireland's largest bookmaker is one of the few groups expected to deliver a yield of 5.1 per cent in 2009, according to Goodbody projections.
Monday came word that the bookmaking super power could be about to fall on some hard times itself.
Ireland Bookmakers May Struggle in Midst of Potential Collapse
Much talk has focused on the Republic of Ireland being the most likely to abandon the Euro. Ireland has taken quite a hit in recent months. Could the country become the next Iceland?
Sands Casino Enacts Own Stimulus Package
Despite the Las Vegas Sands (LVS) stock closing at a sputtering $2.28 a share on Friday, the company has blazed ahead in the face of financial adversity with a stimulus package of it's own: job cre
Marvel Comics a Bright Spot for Scarred Cryptologic
Having been embroiled in a public feud with former CEO and 10 percent shareholder, Javaid Azid, the publicly traded online gambling software firm, Cryptologic, can seek some solace in knowing that
Possible Super User Poker Scandal on Full Tilt
There is a currently unsubstantiated rumor circulating on the twoplustwo.co