Business & Financial
2009 Bad Year for Bookmakers: Paddy Power Down
Paddy Power is the latest bookmaker to show a slide in profits for 2009, following Ladbrokes a 2
William Hill Sees Challenging 2010
By KATHY GORDON, WSJ.com
LONDON-U.K. betting group William Hill PLC Friday posted a 7% drop in full year profit, slightly ahead of guidance provided in January, and said its 2010 expectations are unchanged as the unusually severe winter weather in the U.K. in January only pushed revenue down 0.6% in the first seven weeks of 2010.
More Consolidation in Online Gambling Sector
Two more online gambling ventures have been taken over by stronger firms this past week.
Virgin Group May Move Into US Online Gambling Market
The Virgin Group continues to expand on the online gambling front as they seek investors to help the company move into newly open markets, according to a report filed by
NASCAR Betting and Danica Patrick
Both the online sportsbooks and Las Vegas establishments are counting on NASCAR betting, and to fuel those bets they are hopeful that Danica Patrick will at some point begin to make an impact. To
Gambling in Hawaii: Wipe Out
Carrie Stroup sadly packed her bags last night, as a move to legalize casino gambling at the Hawaii Legislature this session is now dead.
Olympic Men’s Hockey Championship: A Bookie's Dream
Most of the online bookies have a tough time getting aroused even after overdosing on Viagra. But this week, USA vs.
Alabama Baptists and Casino Supporters Clash
Anti-gambling leaders had their work cut out for them to speak over an unruly crowd at a rally held Feb. 23 on the steps of the Statehouse.
Ontario Considers State-Sponsored Internet gambling
TORONTO - Ontario will consider state-sponsored Internet gambling, Premier Dalton McGuinty said Tuesday, days after the provincial gaming agency said it is looking at taking a cut from the online p
Sportsbook .com Moves to Merge: 6 Times Growth Expected
The Merge Poker Network just received a serious injection to help in its aggressive growth plans.
Bing, Yahoo Deal Should Help Online Gambling Sector
Search has helped build the online gambling industry from all the way back when now defunct BetOnSports would bid on the best terms at Go.com to now where a coveted top 3 spot on the first page of
America: A Big Fat Greek Tragedy
Wayne Allyn Root, the 2008 Libertarian Vice Presidential nominee and frequent contributor to the Gambling911.com website, will be appearing on Fox News Friday.
Ladbrokes Falling Profits Symbolic of Failing Economy
It was very bad news for the United Kingdom's largest bookmaker. Ladbrokes on Thursday reported a 28% fall in profits in 2009.
Poker Domain Sells for $1 Million
It's the most money sold for a .org domain name. Poker.org sold for $1 million this week.
According to TechCrunch.com:
Las Vegas Sands Losses Narrow: Macau 80% of Revenue
(Bloomberg) -- Las Vegas Sands Corp., the casino company expanding in Macau and Singapore, reported fourth- quarter earnings that met analysts' estimates as growth in the Chinese gambling market co
Full Tilt Poker Peaked, PokerStars Continues Up
The world's second largest online poker room, Full Tilt Poker, appears to have hit its peak at just shy of 20,000 "real cash" players on averag
Inside Gaming: N.J. likely to Suffer Same Fate as Bernie
Atlantic City gaming revenues fell 8.5 percent in January to $294.2 million, the New Jersey city's 17th straight monthly decline.
That was the good news.
In the past five weeks, Atlantic City's 11 casinos saw new competition emerge (table games in Pennsylvania and Delaware, slot machines in Maryland and New York) and two casino operators (MGM Mirage and Pinnacle Entertainment) begin planning their exit from the market.
Billionaires Bid Against One Another at NBA All Star Game
NY pharma Billionaire Stewart Rahr & Florida tourism billionaire Micky Arison bid against one another @ Saturday's 2010 NBA ALL-STAR Wade's World foundation event, with Rahr coming up on top wi
Paddy Power Ups Stake in Australia’s Sportsbet
Paddy Power has increased its stake in Australia's Sportsbet, strengthening its position beyond Europe.
International Game Technology Shuts Down Japan Operations
As part of its ongoing focus on operating efficiencies, International Game Technology (NYSE: IGT) today announced its decision to close its Japan operations due to ongoing difficult market conditio
Super Bowl Records Broke at Gambling911, Vegas
Gambling911.com reported its highest traffic numbers in its nearly 10 years on the Web Sunday as Super Bowl betting took center stage. The site dominated in Super Bowl related searches at both G
Online Gambling Processors to Enter US Market
A UK-based payment processing company is preparing to enter the U.S. market and will be open to process online gambling transactions for U.S.
Initial Report: Vegas, Reno, Online Had Killer Super Bowl
Based on preliminary numbers, the online gambling sites should have been way up over last year's Super Bowl numbers.
Las Vegas Sportsbooks Prepare for Big Money Weekend
LAS VEGAS - Las Vegas sports books are counting down to Super Bowl Sunday. The big game means big business for Las Vegas, and casinos expect to cash in on this weekend's game.
UB.com Partners With Bellator Fighting Championships
Bellator Fighting Championships, the nationally televised mixed martial arts promotion, has formed an exclusive sponsorship alliance with
Super Bowl 2010 Betting: Line Moves Déjà vu
There has been much made here at Gambling911.com of the 2010 Super Bowl odds being incredibly fluid just days before the big game and why that might be when approximately
betFair Makes Board Appointment While Considering IPO
(Bloomberg) -- Betfair Ltd., which enables gamblers in 140 countries to bet with each other over the Internet, appointed Marks & Spencer Group Plc's Ian Dyson to its board amid
Obama Angers Las Vegas Again
It was just a year ago that United States President Barack Obama managed to piss off Las Vegas and its flamboyant Mayor Oscar Goodman. Obama discouraged bankers and other businesses from scheduli
Asia Gambling Tycoon Stanley Ho in Grave Condition
One of the gambling world's most recognizable figures is said to be in grave condition.
