Gambling Companies

Gambling Companies, Gambling Stocks

How Much Profit do Bookies Make?

How Much Profit do Bookies Make?

Bookies are people that accept action on various sports, and most bookies have an average weekly hold percentage of around 5%.

Submitted by Guest on, Feb/13/2019

Nevada's Largest Casinos Report $1.2B Loss in Fiscal 2018

Nevada's largest casinos lost $1.2 billion during the fiscal year that ended June 30 despite seeing record revenues, bringing to an end a two-year streak of posted profits.

Submitted by Associated Press on, Feb/07/2019

Reuters: Anthem Costs Betting Company Dearly (BetOnline)

Gladys Knight’s rendition of the national anthem at the Super Bowl on Sunday caused a headache for one sports betting company after the singer extended the end of the song, the length of which had drawn intense wagering interest.

Submitted by Reuters on, Feb/04/2019

GamblingCompliance signs up for SBC’s Betting on Football & Betting on Sports America

GamblingCompliance signs up for SBC’s Betting on Football & Betting on Sports America

Sports betting media and events company Sports Betting Community (SBC) and leading regulatory intelligence portal GamblingCompliance have joined forces in order to improve the dialogue around gambling regulations.

Submitted by Press Release on, Feb/01/2019

Sportsbook Refunds Saints Bets From NFC Championship Game

Sportsbook Refunds Saints Bets From NFC Championship Game

A sportsbook in New Jersey is refunding bets on the New Orleans Saints due to the widespread belief that the team was victimized by a blown call by referees during its loss Sunday in the NFC championship game.

Submitted by Associated Press on, Jan/30/2019

It's Official - Atlantic City Hard Rock Launches Online Sports Betting, Opens Sportsbook

Hard Rock Hotel & Casino Atlantic City launched its land-based and online sportsbook in New Jersey at HardRockSports.com and HardRockCasino.com (Jan. 30, 2019).

Submitted by C Costigan on, Jan/30/2019

Wynn Fined Over Sex Allegations

Wynn Fined Over Sex Allegations

LAS VEGAS (AP) — Nevada gambling regulators announced a settlement Monday with casino mogul Steve Wynn's former company over allegations that former executives failed on multiple occasions to investigate claims of sexual misconduct against him.

Submitted by Associated Press on, Jan/29/2019

AC Ocean Resort Casino Gets New Owner

AC Ocean Resort Casino Gets New Owner

A New York hedge fund that lent money to Atlantic City's Ocean Resort Casino is assuming ownership of it.

Submitted by Associated Press on, Jan/28/2019

Hard Rock Casino New Jersey Online Sports Betting Site Debuts

Hard Rock Casino New Jersey Online Sports Betting Site Debuts

Atlantic City’s Hard Rock casino is now taking sports bets online after the company received permission late Friday from the New Jersey Division of Gaming Enforcement to do so. 

Submitted by Aaron Goldstein on, Jan/27/2019

Sky Bet Merger Process With PokerStars Results in Freezing Access in Italy

Italian players can no longer access the Sky Bet Italia portal effective this weekend as the company is in the process of merging with PokerStars.

Submitted by Aaron Goldstein on, Jan/26/2019

PA Told to Abide by DOJ Reversal of Opinion

PA Told to Abide by DOJ Reversal of Opinion

Pennsylvania online gambling firms will need to follow the US Department of Justice new guidelines.

Submitted by Nagesh Rath on, Jan/24/2019

NJ Casino Fined for Allowing Minor to Place Bets Online

NJ Casino Fined for Allowing Minor to Place Bets Online

New Jersey gambling regulators have levied their first fine for underage internet gambling, assessing the company behind the playsugarhouse.com website $30,000 for allowing underage gamblers to place bets online for more than a year.

Submitted by Associated Press on, Jan/23/2019

Costa Rica Law Enforcement Doubtful Sean Creighton Kidnapping Will Have Same Results as Ryan Piercy

Piercy was kidnapped in Costa Rica in 2015 and returned a month later

Submitted by Alejandro Botticelli on, Jan/22/2019

Lesniak Urges NJ to File Suit Against DOJ Now re: Sports Betting Opinion

Lesniak Urges NJ to File Suit Against DOJ Now re: Sports Betting Opinion

States offering online gambling now have 90 days to comply with new DOJ decision

Submitted by Gilbert Horowitz on, Jan/22/2019

New Wire Act Interpretation Biggest Hit likely on Out-of-State Payment Processing

New Wire Act Interpretation Biggest Hit likely on Out-of-State Payment Processing

New interpretation of Wire Act now applies to all forms of online gambling not just sports betting

Submitted by Aaron Goldstein on, Jan/22/2019

Questions Remain Over Ocean Resort Casino New Owners

Questions Remain Over Ocean Resort Casino New Owners

ATLANTIC CITY — It’s been more than a week since it was revealed Ocean Resort Casino would be changing hands, and there’s still no word on what company is taking over.

Submitted by Associated Press on, Jan/19/2019

Retire Early With 5 Simple Habits Of Successful Master Online Bookies

Retire Early With 5 Simple Habits Of Successful Master Online Bookies

Those want to become master agents and run a profitable sportsbook business need to consider their habits. To start, consider these 5 simple habits, and start running a profitable bookie business today.

Submitted by Guest on, Jan/17/2019

William Hill NJ Site Down

The William Hill sports betting app in New Jersey was reported down late Wednesday, much to the dismay of those trying to get in their night time basketball wagers.

Submitted by C Costigan on, Jan/16/2019

Sports Betting Included in New York State Budget for 2019

Sports Betting Included in New York State Budget for 2019

A $170 billion budget package for the state of New York appears to make room for legalized sports wagering.

Submitted by Aaron Goldstein on, Jan/15/2019

One of 5Dimes Owner Kidnappers Appears to Have had Ties to Malta, Bookmaking

One of 5Dimes Owner Kidnappers Appear to Have had Ties to Malta, Bookmaking

The mother of a suspected ring leader in the alleged kidnapping of 5Dimes owner Sean “Tony” Creighton, appears to have some ties to Malta and bookmakers who once operated there.

Submitted by Alejandro Botticelli on, Jan/15/2019

5Dimes to Pay Bad Beat Jackpot Winner $54K After Mounting Pressure

5Dimes to Pay Bad Beat Jackpot Winner $54K After Mounting Pressure

5Dimes says it has agreed to pay the winner of a Bad Beat Jackpot after they initially confiscated funds

Submitted by Jagajeet Chiba on, Jan/09/2019

Former Nevada Gov. Brian Sandoval Joins MGM Resorts

Former Nevada Gov. Brian Sandoval Joins MGM Resorts

Former Nevada Gov. Brian Sandoval is joining casino giant MGM Resorts International to help push the company’s global expansion efforts, particularly in Japan, and work on state-level public policy related to sports betting.

Submitted by Associated Press on, Jan/09/2019

Why RealBookies is Among the Best Pay Per Head Companies

Why RealBookies is Among the Best Pay Per Head Companies

RealBookies is widely considered to be one of the best Pay Per Head companies in the industry.

Submitted by Jagajeet Chiba on, Jan/09/2019

Sports Betting at Foxwoods

Sports Betting at Foxwoods

Foxwoods is likely to offer legalized in-person sports betting some time in 2019.

Submitted by Aaron Goldstein on, Jan/09/2019

Sports Betting at the Mohegan Sun

Sports Betting at the Mohegan Sun

The Mohegan Sun is likely to offer legalized in-person sports betting some time in 2019.

Submitted by Aaron Goldstein on, Jan/09/2019

5Dimes Under Intense Pressure to Explain Very Bad Bad Beat Cheat

5Dimes Under Intense Pressure to Explain Very Bad Bad Beat Cheat

Intense pressure is mounting on 5Dimes to explain why $53K was reportedly confiscated from a player's account after he claims to have won a bad beat jackpot on the company's poker site.

Submitted by Nagesh Rath on, Jan/07/2019

PPPoker Said to be Insolvent, a Ponzi Scheme Claims Pro Chase Bianchi

PPPoker Said to be Insolvent, a Ponzi Scheme Claims Pro Chase Bianchi

Poker pro Chase Bianchi has accused the PPPoker Internet poker room of essentially running a ponzi scheme.

Submitted by Nagesh Rath on, Jan/07/2019

NFL Partners With Caesars Casino But No Sports Betting

NFL Partners With Caesars Casino But No Sports Betting

The NFL is partnering with Caesars Entertainment as its first official casino sponsor, but the deal does not include sports betting or fantasy football.

Submitted by Associated Press on, Jan/03/2019

Books Talk Crazy Rose Bowl Cover With 'Insane Handle'

Down 3-28 heading into the 4th quarter, Ohio State seemed almost certain to cover the -7 point spread.  Washington was not having any of that.

Submitted by C Costigan on, Jan/01/2019

New Jersey Online Sports Betting Affiliate Program CPA, Revenue Share Models Unbearable

New Jersey Online Sports Betting Affiliate Program CPA, Revenue Share Models Unbearable

Both the rev share and CPA affiliate programs require one to apply for a license in NJ

Submitted by C Costigan on, Jan/01/2019

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