Gambling Companies

Gambling Companies, Gambling Stocks

Cantor Gaming: More Mysteries Abound

Another chapter in the successful yet tragic story of Cantor Fitzgerald closed last week. Or did it?

Cantor Gaming, a well known name in the online gambling realm, recently notified its users that it is determined to cease ‘providing services to retail customers' which turned with closing Cantor Casino.com and Red Lounge Casino.com while Cantor-Poker.com remains operating.

Submitted by C Costigan on, Dec/04/2008

Online Gambling Cheaper Than Going Out to The Pub

One of the reasons online gambling is not witnessing much of a decline during this troubling economic downturn: It is an entertainment which can be a lot cheaper than going out to a restaurant or t

Submitted by Jagajeet Chiba on, Dec/04/2008

Absolute Poker, UltimateBet to Comply With Kentucky State Order

Poker players looking to access their AbsolutePoker.com and UltimateBet.com accounts from the state of Kentucky

Submitted by Ace King on, Dec/03/2008

Did 60 Minutes Story Help Absolute Poker, Online Poker Rooms?

Maybe websites like Gambling911.com are all too caught up in the online poker scene to really understand the true impact of Sunday evening's 60 Minutes segment pertaining to the much talked about A

Submitted by C Costigan on, Dec/02/2008

Poker Cheating Scandal Raises Questions Regarding Big Name Pros

In a very well written report from our friends at AintLuck.com, the spotlight shines on today's big name poker pros - specifically Phil Ivey.

The question:  Is it a conflict of interest for a part-owner in an online poker room the likes of Full Tilt Poker to rack up over $8 million in cash games over an 18 month span there?

AintLuck attempts to answer that question.

 

Submitted by Guest on, Dec/01/2008

Spencer Bachus Ready to Fight Online Gambling Legalization

Alabama Congressman Spencer Bachus (R) has worked hard to ensure that online gambling prohibition stays in place.  He knows the tide is turning but Bachus won't go down without a fight.

"I keep saying to everyone involved, if people want to go to a casino, that's one thing, but putting a computer in the bedroom of every teenager has addicted a whole generation," Bachus said in a recent interview with the Birmingham News.

Submitted by C Costigan on, Dec/01/2008

Online Poker Cheating Scandal: It's Not Joe Norton's Week

An online poker cheating scandal has thrust the most unlikeliest of men into the spotlight.

Submitted by C Costigan on, Nov/30/2008

Top NFL Games Mean Strong Ratings for 60 Minutes Poker Story

Sometimes good stories are missed on 60 Minutes as a result of NFL games being played out past the 7 pm EST hour on Fox. 

Submitted by C Costigan on, Nov/27/2008

60 Minutes to Air Absolute Poker Insider Cheating Story Sunday

It's finally here.  The much anticipated 60 Minutes segment on insider cheating and online poker.  At the center of the investigation, AbsolutePoker.com

Submitted by C Costigan on, Nov/26/2008

BetonSports Boss Wife Sits Down With Gambling911

Holly Kaplan is angry.  The wife of BetonSports founder, Gary Kaplan, is growing impatient with the US justice system.  It's been nearly two years since her husband was incarcerated and to date t

Submitted by Jenny Woo on, Nov/25/2008

PartyGaming Profits Continue to Decline

As world economies continue to slide downward, the trend has carried over into the finances of online poker companies as well.

Submitted by Guest on, Nov/25/2008

Getting Around Online Gambling Prohibition? Lottery Site Explains

The website www.lottoIP.com claims to a way of gambling online legally in the United States, even in the commonwealth of Kentucky, which in recent months has t

Submitted by Guest on, Nov/21/2008

Randy Couture Loses UFC 91, Wins With Full Tilt Poker

The world's second largest online poker room has joined forces with one of the world's greatest Mixed Martial Arts fighters, Randy Couture. 

Submitted by C Costigan on, Nov/19/2008

Quarterly Revenues Stagnant at PartyGaming: Still in Talks With US

PartyGaming is blaming gains in the U.S.

Submitted by C Costigan on, Nov/19/2008

Paddy Power on Track to Record Operating Profits

Bookmaker Paddy Power has said it is on track to record operating profits of around €75m for this year, in line with its previous outlook.

Submitted by Guest on, Nov/18/2008

888 Sales Down Mostly Due to Exchange Rates Swing

(Bloomberg) -- 888 Holdings Plc, the second-largest U.K.

Submitted by Guest on, Nov/17/2008

Cake Poker Begins Blocking Customers From Kentucky

Chatter among popular internet poker forums has been that the Kentucky ruling regarding

Submitted by Guest on, Nov/14/2008

Asia Casinos Could Suffer Severely With Economic Downturn

Forget the idea that gambling is "recession proof".  Las Vegas was among the first to start reporting drastically declining revenues and layoffs long before any "Wall Street Bailout

Submitted by Guest on, Nov/14/2008

Cryptologic Merges With Boss Media

In a deal worthy of giants, CryptoLogic, an online pioneer and one of the world's largest online gaming software firms, has reached a landmark partnership with Boss Media AB, a subsidiary of GTECH

Submitted by Guest on, Nov/13/2008

Greece Shuts Down Stanleybets Betting Outfits

ATHENS, Nov 10 (Reuters) - Greece has shut down UK-based fixed-odds betting firm Stanleybet's two shops in the country for violating a law that protects Greek OPAP's betting monopoly, Stanleybet

Submitted by Guest on, Nov/10/2008

Paddy Power Removes Obama Assassination Odds Following Public Outcry

Irish bookmaker, Paddy Power, has decided to remove odds on P

Submitted by C Costigan on, Nov/09/2008

Microgaming Online Gambling Software Website To Block All US Traffic

Gambling911.com has learned that effective Monday, Microgaming - a leading software provider for online casinos and poker sites based in South Africa and the Isle of Man - will begin blocking all U

Submitted by C Costigan on, Nov/06/2008

Las Vegas Sands Plunges on Default, Bankruptcy Risk

Nov. 6 (Bloomberg) -- Las Vegas Sands Corp., billionaire Sheldon Adelson's casino company, plunged in New York trading after saying it may default on debt and face bankruptcy.

The casino owner, which had $8.8 billion in long-term debt at the end of June, said in a regulatory filing today that it probably won't meet the requirements of some loans unless it cuts spending on development projects, boosts earnings at its Las Vegas Strip casinos and raises more capital.

Submitted by Guest on, Nov/06/2008

Court Approves $15 Million Settlement in UltimateBet Matter

Tokwiro Claimed Damages As A Result of UltimateBet Cheating Scandal Refunds To Affected Players Completed

Submitted by Guest on, Nov/06/2008

World Poker Tour Enterprises, Inc. Reports 3rd Quarter 2008 Financial Results

WPTE 0.39, 0.00, 0.0%) today announced financial results for the third quarter ended September 28, 2008. Business highlights for the quarter included the delivery of three episodes of Season Six of the World Poker Tour(R) ("WPT") television series and signing a broadcast license agreement with Fox Sports Network ("FSN") to air 26 all-new, one hour episodes of Season Seven of the WPT television series in the United States, across FSN's national sports cable network.

Submitted by Guest on, Nov/04/2008

Microgaming Website Down: A Kentucky Casualty?

On Tuesday morning, one of the online gambling industry's largest software providers, Microgaming, was not online.  The dreaded "Site Not Available" appeared when anyone tried to type in

Submitted by C Costigan on, Nov/04/2008

Bodog Internet Gambling Leads to Money Laundering Charges

As widely feared, reports surfaced on Thursday that charges have been levied against Bodog and its falling Internet gambling empire.

Federal authorities in Maryland have filed money-laundering charges against two men, Edward Courdy and Michael Garone, who have figured in an ongoing investigation into Bodog, according to the Baltimore City Paper.

Submitted by C Costigan on, Oct/30/2008

Poker Company Challenging NY State Gambling Laws

In light of the outlawing of most forms of online and live gaming, a relatively new trend has popped up.  Most commonly known as bar poker leagues, these are free to the public and most times host

Submitted by Guest on, Oct/29/2008

William Hill Price Cut On Gambling Fears

LONDON (SHARECAST) - Concerns over the future of the highly lucrative fixed-odds betting terminals has contributed to US bank slashing its target price for bookie William Hill.

There is evidence to suggest that the betting terminals are a contributory factor in gambling addiction, and with a Gambling Commission report due to be published next year, Citigroup believes there is a danger they may be banned from betting shops.

The Commission could also contemplate an increase in machine gaming duty.

Submitted by Guest on, Oct/28/2008

Bodog’s Fall From Grace Continues

BodogLife.com - once the envy of online gambling operators everywhere - continues to struggle and perhaps nowhere is this more evident than by checking their stats at

Submitted by Payton on, Oct/24/2008

Breaking News

How to Stay Safe When Playing at Online Casinos in the US

 

Gambling911.com has been a trusted voice in online-gaming safety since 2003, delivering expert analysis and up-to-the-minute news. In this guide, our Chief Casino Industry Correspondent, B.E. Delmer, an engineer turned gaming expert, walks you through every step of a secure registration and casino login process, drawing on both technical rigor and a passion for responsible play.

NY Sets Online Betting Record with $248.9M in May

Underlining its grip on the nation’s largest legal betting market, New York crossed the $2 billion mark in total wagers for the third straight month in May, while gross revenue climbed to an all-time high—nudging past the previous peak set earlier this year and landing more than 22% above last May’s return.