Business & Financial
James Packer Aussie Media And Gambling King Quits Ten For Good Of Team
New Jersey Gov. Chris Christie Vetoes Online Gambling Bill
New Jersey Gov. Chris Christie vetoed a bill that would have made his state the first in the U.S. to re-introduce online gambling.
Revenues Way Up At PartyGaming
PartyGaming has reported a huge rise in revenues for the year 2010.
Revenues rose by 15 percent from 2009 to €357.3m (£300m) to €310.1m, with casino revenues jumping to €151.4m from €136.3m, bingo revenues more than doubling to €51.4m from €22.8m and sports betting climbing to €20.8m from €13.2m. Poker revenues fell to €124.8m from €136.8m. Pre-tax profits fell to €43.8m from €57.4m.
PokerStars Abruptly Pulls Branding from North American Poker Tour LA Stop
The world’s largest online poker room, PokerStars, has pulled its branding from the North American Poker Tour (NAPT) Bicycle Casino in Los Angeles.
Sands Las Vegas Under Investigation for Allegedly Taking Bribes
Shares in Sands Las Vegas were down 7 percent on news that the company is under investigation for allegedly taking bribes in Macau.
Tingle: Australia And New Zealand Gaming Stocks; Beancounter Special
Caesars Posts $196.7 Million Loss as Atlantic City Gambling Revenue Falls
By Beth Jinks
(Bloomberg) - Caesars Entertainment Corp., the world’s biggest casino company, reported a fourth-quarter loss after cost cuts and the acquisition of a Las Vegas casino failed to offset declines in Atlantic City, New Jersey.
Top Online Gaming Authority Will Griffiths Launches “The Level Media”
Former President of DoylesRoom, Chief Marketing Officer of Poker Sites Absolute Poker and UltimateBet, launches iGaming-focused marketing agency
William Hill Granted Injunction Against Playtech
The United Kingdom’s largest bookmaker, William Hill, has been granted an injunction against one of online gambling’s largest software providers, Playtech.
Unnamed Asian Royal the Reason for Ladbrokes $91 Million Loss?
Talk about the importance of keeping top customers!
Ladbrokes Outperformed in 2010
Jersey Won’t Allow Internet Gambling
Jersey has halted plans to allow for Internet gambling. The economic affairs scrutiny chairman has delayed any business by up to a month for the island, Channel One TV is reporting.
Ho No! The Stanley Ho Family Saga Continues
89-year-old Macau casino tycoon Stanley Ho filed a new lawsuit against various family members on Wednesday in an effort to keep control of his vast business empire.
Magazine Publisher Charged With Internet Gambling Money Laundering, Fraud
PartyGaming, PartyCasino, Bwin Do Deal With Las Vegas Land Based Casinos
Last Chance Sports Book at Border Closes Down
By T.B. Beaudeau | San Diego Reader
Greg Raymer No Longer With PokerStars
2004 World Series of Poker champion Greg “FossilMan” Raymer has confirmed rumors that he parted ways with the world’s largest online poker room, PokerStars.com.
Few details were offered related to the decision that Rayer, whose moniker comes from his love of collecting fossils, confirmed on the TwoPlusTwo.com website.
DoylesRoom.com Helps Boost Yatahay Profile With 150 Percent Growth
DoylesRoom.com hopes to find a permanent home with the Yatahay Poker Network and the later most certainly will do everything in their power to make sure Doyles sticks around.
For Doylesroom.com, this is the popular online poker room’s 4th home in five years. Two previous networks pulled out of the US market while a third could not sustain Doyles growth.
The Yatahay Network is expected to provide DoylesRoom with all the tools to ensure substantial growth.
$87.5 Million Bet On This Year’s Super Bowl in Las Vegas
Some Vegas Sportsbooks Saved by Last Minute Steelers Surge
Some Las Vegas sportsbooks like The M, The Venetian, Hard Rock and Tropicana made out well this Super Bowl.
“We took a ton of Steeler moneyline bets,” Sportsbook Director Mike Colbert told the Las Vegas Sun. “I expected Steeler money to come in today and it did. It was a lot more than I expected. We really tried to balance the book, but it just so happened that the Packers were much better for us.”
Queensland Floods Cost Tabcorp Millions In Lost Revenue And More…
