Gambling News
Ladbrokes CEO Promises Turnaround
Ladbrokes new CEO Richard Glynn has promised a swift turnaround for his company following news of a 6 percent drop in net revenue. Glynn joined the company in last month.
"In recent times the strength of our brand has diminished. In online and offline areas, we feel the need for Ladbrokes to regain its primacy," CEO Richard Glynn told the Wall Street Journal "We will be looking at every area of the business. We will be leaving no stone unturned," Mr. Glynn said, without elaborating.
Australian Pokies Deal Triggers AFL Clubs Feud
Australia is passionate about footy (AFL and NRL), gambling and one may argue, vice, witness the ongoing success of TV smash hit 'Underbelly' and 'Sin City' expo.
Little wonder then when you throw into the ring a pokies auction, sweet deals for AFL clubs, politics, mates rates, historic bad blood and a touch of vice, you have on hell of a fight that's likely to the last man standing after 12 rounds. We learn some clubs have hit the jackpot on the decade in off-field plays. Media Man and Gambling911 down under crash tackle ringside with this report...
Daniel Tzvetkoff Answers Money Laundering Charges
Australian online gambling payment processor Daniel Tzvetkoff is scheduled to appear in court for the first time Friday where he will answer money laundering charges according to the
Bwin Takes Hit With Online Poker
The popular Austrian betting firm Bwin reports it witnessed a 17 percent drop in revenues from its online poker room (called Bwin Poker). Bwin is part of the Ongame network, which itself has seen
EveryMatrix Partners With Cake Poker
In a deal that will create a strong new alliance in online gaming, Malta based sports betting white label service EveryMatrix has partnered with the
Tax Hearing on Internet Gambling Announced
House Ways and Means Chairman Sandy Levin (D-Mich.) on Wednesday announced his committee would host a hearing on tax proposals related to legislation to legalize Internet gambling.
iGaming Super Show Last Call
Limited Space Left - Register for the Speed Networking Club We have had a great response to the Speed Networking Club.
Elena Kagan: Here Comes The Poker Judge
Poker just got a shot in the arm in the USA.
Bookies Want AFL Footballers to Learn Insider Trading
As the evolution of the Aussie Rules football continues, on and off field scandals to boot, the players become more business and sports betting savvy.
John Stossel: Leave the Gamblers Alone
(TownHall.com) Some of us like to gamble.
World Exclusive: Ken Weitzner Will Revealed
Weitzner's will leaves estate to stepsons
Tzvetkoff Might Get Lucky After All
Daniel Tzvetkoff might have been the only man smiling today over the guilty plea entered by fellow online poker payment processor Douglas Rennick. That's because Tzvetkoff is essentially accused
Online Gambling Processor Douglas Rennick Pleads Guilty
A Canadian man indicted last year for processing payments for the world's two biggest online poker rooms has plead guilty.
Douglas Rennick, 35, of Alberta, entered his guilty plea today (May 11, 2010) in federal court in New York. Michael Pancer, a lawyer for Rennick, said in court that his client agreed to forfeit $17.1 million and could face a prison term of six to 12 months when sentenced Sept. 15.
Rennick was charged with laundering nearly $350 million in funds for PokerStars and Full Tilt Poker over a two year period from 2007 to 2009.
Paddy Power Receives 400 Complaints Filed With ASA
Irish bookmaker Paddy Power is no stranger to the ire of the Advertising Standards Authority (ASA). But this time the cat may have used up its nine lives...literally.
Aussie Daniel Tzvetkoff Jail Hopping in US
(AAP) - Former Australian internet high-flyer Daniel Tzvetkoff is enduring a cross-country tour of America's prisons.
Smartphones More Dangerous and Expensive Than Gambling
Technology has opened up all kinds of exciting possibilities for punters, sports lovers, news hounds, big business, and just about everyone else, however, technology can both make and cost us all a
Microgaming Announces Joint Venture with 888 Holdings
Microgaming, the world's largest provider of online gaming software, has announced a joint venture with 888 Holdings plc which, subject to the necessary licence approvals, will deliver a French Pok
Online Gambling Exec Stabbed Wife To Death
The CEO and founder of an online gambling social network is accused of murdering his estranged wife after reading a text sent by her lover.
Billionaire Calvin Ayre “Vanity” Comic Book Voted Worst Ever
Leading up to the Toronto Comic Arts Festival 2010, held this past weekend, illustrator Evan Munday offered up his opinions on the best and worst comic book series.
Steve Wynn Splits With Girlfriend Andrea Hissom
On the heels of what many believe will be the most expensive divorce ever, hotel developer magnate Steve Wynn h
BBC: Sport and Gambling United Against Cheating
Sport and gambling have been in the headlines in the recent months, with various allegations about match-fixing in snooker.
More Censorship in Australia: Video Games New Target
Censorship, both online and offline, and in this case, off the shelf, remains a red hot topic down under in Australia.
Volcano Ash Cloud Fears Loom as Affiliate Super Show Nears
It's being billed as the biggest gathering of online gambling professionals this industry has ever seen. The iGaming Super Show takes place in Prague, Czech Republic May 25 through 28 but getting
Snooker Champ John Higgins Bet On Himself To Lose
More information continued to come out regarding last week's shocking revelations that Snooker champion John Higgins accepted money to fix matches.
Undercover reporters from the News of the World videotaped Higgins shaking hands on a disgraceful deal to fix a string of high-profile matches after demanding a £300,000 kickback.
US National Casino Gambling Revenue Down
National gross gambling revenues fell to $30.7 billion in 2009, a decrease of 5.5 percent from 2008.
Australian Land Based Casino News Update
Australia is home to some of the world's great casinos, hotels and resorts.
350 Beautiful Guests Celebrate as Tzvetkoff Rots in Jail
Some of Australia's most gorgeous people turned out to celebrate at majority owner Daniel Tzvetkoff's Zuri Bar and Lounge while Tzvetkoff himself languished in a US prison cell, quite possibly faci
Casinomeister: Won't Forgive Gambling Wages Virtual Group Yet
While the Gambling Wages affiliate program and Virtual Online Casino group attempts to clean up its image, as first reported by Gambling911.com a few weeks ago,
Sabotage Not Ruled Out In Wall Street Plunge: Bettors React
President Obama has not ruled out sabotage in Thursday's shocking near 1,000 point loss on the Stock Exchange after rebounding later in the day.
The president announced Friday morning that a full review is being conducted, and Gibbs said Obama is waiting to hear the results of a review before ruling out what might have caused it, including the possibility of sabotage, The Hill reported on Friday afternoon.
