Business & Financial
Stan James Buys Interest in US-Based Online Horse Racing Site
Australia Gambling News: Melbourne Cup Day A Bookie’s Dream … Usually
Betfair Threatens to Leave United Kingdom
The world’s largest online betting exchange, Betfair, which went public earlier this month and is valued at £1.4bn, is threatening to exit the United Kingdom over the The British Horseracing Authority (BHA) “unreasonable” racing levy.
CEO David Yu told a Sunday newspaper Betfair would be “happy to be licensed and to pay sensible tax but if we don’t see movement we’d have to consider what’s right for the business over the long term.”
Betsson Latest Online Gambling Firm Sees Huge 3rd Quarter Results
Gambling Shares A Beacon in Tough Economy
While there continue to be few bright spots in the world economy, gambling shares both online and in the Asian gaming Mecca of Macau, continued to defy the trends.
3rd quarter results this past week at major online gambling venues and the introduction of betting exchange Betfair to the London Stock Exchange with an IPO of $2.84 billion have many investors excited.
Betfair Shares Start Off Strong
Betfair’s listing on the London Stock Exchange this past Thursday started off with a bang. The company’s shares rose almost 20pc the very first day of trading.
The 10-year-old company and world’s largest betting exchange is valued at £1.6billion, while co-founders Edward Wray and Andrew Black stand to make £18.9m and £16.6m, respectively, from the flotation.
Blanca Games Responds to Liquidator Statement in UB.com Purchase
PartyGaming Announces 3rd Quarter Results: Poker Sales Fall
Paddy Power Poker Chip Stack Makes Guinness World Record Book
Bookmaker Wrong on Back To The Mac Event “Lion”
Bookmaker.com, which garnered plenty of good press on Tuesday with its odds on the “Back to the Mac” event, will have to pay out money on one of its offerings.
Australian James Packer Expanding Gambling, Media Interests
Online Sportsbooks Get Beaten Badly in Week 6 of NFL: Eagles Save Day
Bookmaker: Children’s Place, Aeropostale Most Likely to be Bought Out Next
Crown Casino Strike Averted
A CASINO worker strike planned during Melbourne's busy Caulfield Cup has been averted.
Lender HBOS Played Major Role In Lending to Struggling Casino Sector
Tiger Woods, Roger Federer Management Sued Over Gambling
