Business & Financial

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. 

Submitted by Ace King on, Mar/02/2011

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.

Submitted by Aaron Goldstein on, Mar/01/2011

Matchbook Sold: Leaves US Market

NOTICE


Submitted by Guest on, Feb/28/2011

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.

Submitted by Guest on, Feb/25/2011

Sin City Sydney: Darling Habour Gets Star City Rub

Submitted by Greg Tingle on, Feb/24/2011

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

Submitted by Guest on, Feb/23/2011

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.

Submitted by Aaron Goldstein on, Feb/23/2011

Unnamed Asian Royal the Reason for Ladbrokes $91 Million Loss?

Talk about the importance of keeping top customers!

Submitted by Aaron Goldstein on, Feb/18/2011

Ladbrokes Outperformed in 2010

* FY operating profit 202.3 million sterling vs forecast 195 million
Submitted by Payton on, Feb/17/2011

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.

Submitted by Aaron Goldstein on, Feb/16/2011

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.

Submitted by Aaron Goldstein on, Feb/16/2011

Last Chance Sports Book at Border Closes Down

By T.B. Beaudeau | San Diego Reader

Submitted by Guest on, Feb/14/2011

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.

Submitted by Ace King on, Feb/13/2011

Aussie James Packer Riding Wave Of Success

Submitted by Greg Tingle on, Feb/11/2011

Nevada Gambling Revenue Rises, Atlantic City Falls

Submitted by Guest on, Feb/10/2011

Playtech Gains After Report of Talks With Ladbrokes

Submitted by Guest on, Feb/09/2011

New Jersey Loses Out On $87.5 Million

Submitted by C Costigan on, Feb/08/2011

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.

Submitted by Ace King on, Feb/08/2011

$87.5 Million Bet On This Year’s Super Bowl in Las Vegas

Submitted by Jagajeet Chiba on, Feb/08/2011

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.”

Submitted by C Costigan on, Feb/07/2011

Steve Wynn Macau Junket Spooks Investors

Submitted by Guest on, Feb/07/2011

888 Holdings Q4 Revenues Beat Expectations

Submitted by Guest on, Feb/07/2011

Online Poker Traffic Falls Off 2.5 Percent This Week: Could Get Worse

With the troubles at the world’s two largest online poker rooms, PokerStars and Full Tilt Poker, continuing this week, traffic across the board has dropped 2.5 percent. 

The two card rooms have had trouble paying out customers via popular methods such as eChecks and bank wires as a result of an ongoing investigation by US Federal authorities.   The US Attorney’s office out of Baltimore, Maryland, is heading up the probe, alleging money laundering by payment facilitators used by both companies.  Three individuals named in the case agreed to cooperate with authorities.

Submitted by Ace King on, Feb/01/2011

Is Greg "Fossilman" Raymer Extinct From PokerStars?

Submitted by Ace King on, Feb/01/2011

Gambling Domain Names No Longer a Hot Commodity It Seems

Submitted by Aaron Goldstein on, Feb/01/2011

Breaking News

How BetMGM Is Raising the Bar for Online Casino Gaming

In a continuously crowded iGaming industry, BetMGM Online Casino has taken action and emerged as a dominant force within the sector. They have achieved this by setting new standards for what gamblers can expect from the online casino sites of today.