Gambling Companies

Gambling Companies, Gambling Stocks

33-Year-Old Turns $35 Into $2 Million at 2014 Fantasy Football Championship

A 33-year-old personal trainer and former teacher last week converted a $35 entry into $2 million at the 2014 FanDuel Fantasy Football Championship in Las Vegas.

Submitted by Aaron Goldstein on, Dec/22/2014

Caesars Entertainment to Buy Affiliate in Move to Reduce Debt

LAS VEGAS (Associated Press) — Caesars Entertainment Corporation says it will buy an affiliate as it tries to smooth the reorganization of a struggling division and balance its debt load.

The Las Vegas casino giant says the merger with Caesars Acquisition Company will give it $1.7 billion in cash it needs to guarantee loans in a proposed bankruptcy deal it's pitched to creditors of its debt-heavy operating division.

Submitted by Associated Press on, Dec/22/2014

China to Begin Crackdown on Macau Amidst Dissent in Gambling Mecca

(Reuters) - By night, Ieong Man Teng was dealing baccarat to gamblers at the Wynn Macau casino. By day, he was mobilizing thousands of fellow dealers to protest on the street for better working conditions and higher pay.

That made him one of the people on Beijing's watch list earlier this year in Macau, the world's biggest gambling hub.

Submitted by Reuters on, Dec/18/2014

Wizard of Odds Sold for $2.35 Million

Popular casino information website Wizard of Odds has recently been sold for approximately $2 Million to Latest Casino Bonuses. The Wizard of Odds is a well known website that offers a wealth of knowledge to players that love land based and online gambling. The original owner, Michael Shackelford and new owner Joshua, sat down with CasinoSlots.net for an interview. In addition to being business partners, Mike and Josh are enjoy competitive sports. They recently had a rope climbing contest, which can be viewed at the bottom of this page. 

 

Submitted by Payton on, Dec/16/2014

Maximum Fantasy Sports is Setting the Trends in the Industry

Site originates game varieties that others then copy

CHICAGO -- One of the up-and-coming new fantasy sports websites that is attracting a lot of attention these days is called Maximum Fantasy Sports and is run from the Windy City in the Heartland of America.

That alone makes it stand out--most fantasy sites, it seems, are based on the East or West Coasts.

Submitted by Thomas Somach on, Dec/15/2014

Golden Nugget to Sue Over Tax Rise

ATLANTIC CITY, N.J. — (Associated Press) - An Atlantic City casino who says its taxes would rise dramatically under a proposed tax assistance bill designed to help the struggling seaside resort says it will sue to block the plan.

The Golden Nugget says its calculations of the amount each casino would pay under a proposed payment in lieu of taxes drastically raises taxes for it, Resorts and Bally's — three of the city's smaller casinos — while giving huge tax breaks to big casinos owned or soon to be owned by billionaire Carl Icahn and gambling giant Caesars Entertainment.

Submitted by Associated Press on, Dec/11/2014

New Fantasy Site PlayMLF.com Vows to be No. 1 in Two Years

WALNUT CREEK, Calif.--Fantasy sports today are where poker was 10 years ago. The scene is exploding with popularity. Huge amounts of money are being won. And new names are joining the game every week.

Submitted by Thomas Somach on, Dec/11/2014

Equity Poker Network and PokerHost Call it a Day

Curacao, Netherlands Antilles – The EquityPokerNetwork.com (“EPN”) today confirmed the end to their business relationship with online poker room, PokerHost.com (“PokerHost”), effective as of midnight on Tuesday, December 9th, 2014.

Submitted by Press Release on, Dec/10/2014

Silkroad Founder Accused in Six Murder-for-Hire Plots: PokerStars to Offer Bitcoin?

With online gambling sites only now beginning to jump on the Bitcoin bandwagon (quite possibly PokerStars among them), some of the earlier Bitcoin startups are currently facing scrutiny, the most notorious of them all being drug bazaar Silkroad.

And now the founder of that underground company, Ross Ulbricht, is alleged to have set up at least six murder-for-hire plots.

Submitted by Aaron Goldstein on, Dec/09/2014

FantasyDraft.com Debuts: Apologizes to Players Over Rough Rollout

One of the newest Daily Fantasy Sports sites, FantasyDraft.com on the Web debuted this week but the rollout didn’t exactly go as planned.

FantasyDraft.com hopes to be one of the premier sites of its kind on the Net, providing an alternative to the sector’s dominating players: FanDuel and DraftKings.com.

Submitted by Aaron Goldstein on, Dec/09/2014

New Management Team Announced at Paddy Power

Paddy Power's new CEO, Andy McCue, has announced a new management line-up that includes Johnny Hartnett, who has been appointed 'managing director, Paddy Power online' and Christian Woolfenden has been appointed 'managing director, retail (UK & Ireland)'.

Woolfenden replaces McCue following his promotion as Chief Operating Officer.

Peter O'Donovan has been named the company’s new chief product officer.  His role will include heading up the technology and product development departments.

Submitted by Aaron Goldstein on, Dec/09/2014

MyBookie Review: 20 Percent Cash Up to $500

Gambling911.com has your MyBookie review.  This is one of the newer online sportsbooks on the scene this Football season but the folks behind MyBookie.ag are individuals we have known from the industry for years.  Claim Your FREE $250 Cash Here (use bonus code

Submitted by Guest on, Dec/08/2014

Fortune.com: How DailyMVP.com Landed Tom Brady

Everybody is talking about the new commercial featuring New England Patriots starting quarterback Tom Brady donning a wig to take on the roll of a telemarketer.  But Fortune.com is asking: “How did a little known fantasy app land the likes of a Tom Brady?”

Submitted by Aaron Goldstein on, Dec/05/2014

Betfair to Return 200 Million Pounds to Shareholders With 50 Percent Rise in Customers

(Reuters) - Online gambling company Betfair  (BETF.L) plans a cash return of 200 million pounds to shareholders and higher dividend payouts after posting a 51 percent rise in first half earnings.

The firm, which operates an exchange that allows gamblers to bet against each other, said on Thursday it made core earnings (EBITDA) of 73.9 million pounds in the six months to Oct. 31, on revenue up 26 percent to 237.6 million pounds.

The revenue growth was driven by strong customer base growth, the football World Cup and favourable sports results.

Submitted by Reuters on, Dec/04/2014

Sky Sells Majority Stake in Sky Bet Online Gambling

(Reuters) - European pay-TV group Sky has agreed to sell a controlling stake in Sky Bet to CVC Capital Partners in a deal which values the online betting business at 800 million pounds ($1.3 billion).

Sky said the sale would enable it to focus on the growth areas within its pay-TV business, where it has recently expanded into continental Europe with the purchase of Sky Italia and 90 percent of Sky Deutschland.

Submitted by Reuters on, Dec/04/2014

Planned Tax Cut Could be Atlantic City’s Last Hope

(Associated Press) - Predictable tax bills for casinos and certain revenue for Atlantic City’s government are the goals of a plan unveiled this week by two New Jersey state senators looking to help the struggling seaside resort, which has seen four of its 12 casinos close this year.

The plan by state Senate President Stephen M. Sweeney, D-Gloucester, and Sen. James Whelan, D-Atlantic, would let casinos collectively pay $150 million in lieu of taxes for two years, and then $120 million a year after that, assuming gambling revenue stays at a certain level.

Submitted by Associated Press on, Dec/03/2014

Ladbrokes Begins Search for New CEO

(Reuters) - British bookmaker Ladbrokes (LAD.L) said it would replace under-pressure chief executive Richard Glynn after five years in charge, seeking a new leader to help strengthen its online operations.

Shares in Ladbrokes traded almost two percent higher at 9.20 a.m. on Wednesday, reflecting hopes that the change would enable the company to close the gap on market leader William Hill (WMH.L) and compete better in the growing online sector.

Submitted by Reuters on, Dec/03/2014

DraftKings.com Enters Into Partnership With Dreadful Winless 76ers

The Philadelphia 76ers have entered into a partnership arrangement with Daily Fantasy Sports behemoth Draftkings.com.  The Boston-based fantasy company already has a partnership arrangement with the New England Patriots but the 76ers represent their first NBA deal.  Claim Your FREE $250 Here (use bonus code

Submitted by Tyrone Black on, Dec/02/2014

Betfair Dumps Online Poker in New Jersey: Will Continue to Offer Casino Games

A second online gambling firm in New Jersey has shut down its poker room in so many weeks.  Betfair follows UltimatePoker, which pulled out of the state entirely in October.  Betfair has vowed to continue offering Internet casino games such as blackjack and slots.

A Betfair representative confirmed the closure of its online poker room to the website USPoker.com Tuesday morning.

From USPoker.com:

Submitted by Aaron Goldstein on, Dec/02/2014

Những người ghi cá độ trong vùng San Diego cho người Việt Nam

Có rất nhiều người ghi cá độ nói tiếng Việt trong vùng San Diego cũng như có nhiều trung tâm chăm sóc khách hàng đã chuẩn bị để xử lý kinh doanh cho họ. PayPerHeadAgents.com là một doanh nghiệp Trả Theo Đầu Người như thế.

Submitted by Minh Nguyen on, Dec/02/2014

3-Time Cy Young Winner Clayton Kershaw Signs on With FantasyDraft

3-time Cy Young winner LA Dodgers pitcher Clayton Kershaw has signed on to represent FantasyDraft.com, a new Daily Fantasy Sports website.

Submitted by Tyrone Black on, Dec/02/2014

Yahoo Shuts Down Its Online Poker Room After Only One Month

Yahoo has taken the drastic step of shutting down its online poker room after launching just one month ago. The company cited security concerns in its decision.  Yahoo Poker will be closed effective December 31.

Submitted by Ace King on, Dec/01/2014

Do Sports Bettors Convert Into Daily Fantasy Sports Players and Vice Versa?

For those of you wondering whether a sports bettor can be converted into a fantasy player, the answer to this question is a resounding YES.

The same has not always held true for season long fantasy leagues, however, as online sportsbooks trying to capture that market have learned in past years.

Submitted by Tyrone Black on, Dec/01/2014

Hustler Wants to be First Strip Club With Sportsbook: Free Lap Dances for Winners

The Hustler strip club, founded by infamous publisher and porn peddler Larry Flynt, has filed an application with the Nevada Gaming Commission to become the first strip club offering a sportsbook. Claim Your FREE $250 Here (use bonus code G911).

Submitted by Jagajeet Chiba on, Dec/01/2014

Isle of Man Issues Statement on UK’s Point of Consumption Tax

In response to the introduction of Point of Consumption tax on Monday 1st December 2014, please find the below statement from Peter Greenhill, head of e-gaming for the Isle of Man Department of Economic Development:

Submitted by Press Release on, Dec/01/2014

Canada Foreign Online Gambling Licenses Could Be Coming Soon

In Canada, all online gambling issues are handled on the provincial level. What this means is that the federal government doesn't have much say in what goes on, and as an industry, the goal is to use it to pad provincial revenue figures. One problem with this approach is that foreign operators who are not licensed by the provinces and who are not paying provincial taxes are able to operate more or less freely while the province-operated games suffer.

Submitted by Payton on, Dec/01/2014

Japan Gambling Bill fails

A bill that would have legalized casino gambling in Japan recently died when Prime Minister Shinzo Abe dissolved parliament to call a snap election.

Submitted by Payton on, Dec/01/2014

From Poker Player to Bitcoin Miner: Chris McAlary Talks Coin Cloud ATM

Chris McAlary tells CalvinAyre.com he decided to start the Bitcoin mining website Coin Cloud ATM following the events of April 15, 2011 in which three of the world’s largest online poker sites were forced to make abrupt exits from the US market, a result of indictments leveled against several key executives from each company.

Submitted by Aaron Goldstein on, Nov/30/2014

Americas Cardroom to Implement Bitcoin Withdrawals Next Week

Americas Cardroom CEO Phil Nagy confirmed Wednesday evening that the popular online poker room plans to roll out its Bitcoin withdrawal platform some time during the first week of December (an exact date was not immediately known).

“We were working on this today and should have the withdrawal functionality ready by next week,” Nagy said during a four hour live streaming Q&A format broadcast on Gambling911.com Wednesday evening.

Submitted by Ace King on, Nov/27/2014

Victoria Coren Leaves PokerStars: Cites Move Away From Poker

Female poker pro Victoria Coren-Mitchell has announced she is leaving Team PokerStars.  Her reason: They are adding an online casino and that goes against her beliefs.

“PokerStars.com announced that it will be rolling out online casino gaming alongside its internet poker,” Coren-Mitchell wrote on her blog.  “As a result, on Saturday morning, I terminated my endorsement contract with them.

Submitted by Ace King on, Nov/26/2014

Breaking News

2025 Belmont Stakes Morning Payout Odds

Kentucky Derby winner Sovereignty and Preakness Stakes winner Journalism remain the co-favorites with odds that pay just shy of $200 for every $100 bet.