Gambling Stocks: What’s Hot, What’s Not

Submitted by Aaron Goldstein on,

BetED.com Players May be Waiting Some Time to Claim Funds

It is still unclear as to how much money the US Feds seized from BetED.com as part of an elaborate sting operation.

BetED.com closed its doors this week after their domain name was taken over by the US Justice Department.  The online betting company reportedly told Covers.com that the Feds have all of their money.  Most gamblers do not believe this and there are reports that BetED.com’s two founders (both of whom are named in Monday’s indictments) cleaned out their Costa Rican offices and fled.

Submitted by C Costigan on,

Cryptologic Fails to Comply With NASDAQ Audit Committee Reqs

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Quick Tender Shutdown: Players Likely to be Stiffed

Submitted by C Costigan on,

Quick Tender Online Gambling Payment Solutions Shuts Down

Submitted by C Costigan on,

Christine Lagarde Bids to Become Head of IMF

Submitted by Aaron Goldstein on,

Goldman CEO Lloyd Blankfein Odds of Staying in Job Not Good

Submitted by Aaron Goldstein on,

DoylesRoom.com is now DoylesRoom.ag

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Merge Poker Blocking Four States Plus District of Columbia

Submitted by C Costigan on,

Macau Casino Stocks May See Short Term Drop Second Half of 2011

Submitted by Aaron Goldstein on,

Smaller, Thinner iPhone and 99.5 Percent Chance of 25 Million to 30 Million Unit Sales

Submitted by Aaron Goldstein on,

Yandex: Biggest 2011 Tech IPO

Submitted by Aaron Goldstein on,

Bodog, Bookmaker Initiate Domain Change Strategy

Submitted by C Costigan on,

Online Poker Processor Pleads Guilty

Brad Franzen, the owner of a payment processor that worked in conjunction with three online poker rooms indicted April 15, has plead guilty on Monday. 

Submitted by C Costigan on,

Betfred Offers Industry Two Seats on Tote Board, Telegraph Says

Submitted by C Costigan on,

More Headaches for PokerStars as Company Faces Australia Action

PokerStars, the world’s largest online poker room, could be fined in Australia. 

Submitted by Gilbert Horowitz on,

Sky City Group Plans To Build Casino In Darwin; Aussie Casino Wars May Escalate

Sky City Casino has released previously top secret plans for a 50 million dollar resort - casino featuring villas which could cost as much as two thousand dollars a night.

The flashy integrated resort is to be built next to the current land based casino site, at Little Mindil, with the company also looking at the operation of a corporate jet to shuttle VIP whales between Asian cities and Darwin.

The Chief Minister Paul Henderson says it's fantastic news for the Territory.

Submitted by Greg Tingle on,

Nevada Online Poker Bill Unanimously Approved

Submitted by C Costigan on,

Casinos Reopening in Tunica Following Record Floods

The Gold Strike Casino was among three properties that began opening for business this week following two weeks of record flooding from a swollen Mississippi River

Submitted by Aaron Goldstein on,

Non US Poker Players at Full Tilt Poker Now Having Trouble Cashing Out

Submitted by C Costigan on,

Lock Poker Signs on Two New Pros

Lock Poker has signed on two new pros and four more are expected to come on board next week.

Submitted by C Costigan on,

QuickTender / UseMyWallet Funds Not Going Through in US

QuickTender / UseMyWallet has stopped sending funds to US players. 

Submitted by on,

California Wants Online Poker Legalized Now

California Senator Lou Correa has amended his California bill SB40 in an effort to legalize online poker in the state before federal legislation is passed.

Correa has marked his bill with an “urgency category”, resulting in the bill remaining active to progress at this year’s legislative phase without having to beat committee deadlines.

The only thing needed, a signature from Democratic California Governor Jerry Brown.

Submitted by C Costigan on,

Gambling, Tobacco, Firearms and Dairy No Longer Taboo Subjects at Facebook

Facebook, the powerful social media website, has reportedly loosened its policy on promotions around gambling, tobacco, dairy, age, residency and firearms. 

Submitted by Aaron Goldstein on,

Paddy Power Kicks Off The Year Up 21 Percent

Submitted by Aaron Goldstein on,

MGM China IPO Price at $3.6 Billion

Submitted by Aaron Goldstein on,

Galaxy Casino Opens in Macau: Price Tag $2 Billion

With a price tag of just $2 billion (that’s with a “b”), the extravagant Galaxy Casino opened in Macau, the world’s largest gambling Mecca.

Submitted by Aaron Goldstein on,

For Las Vegas Sands, the House Edge is Geographical Diversity

The entire article from the Daily Finance can be read here

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Breaking News

MGA-Licensed Casinos Gain Traction in Finnish Gambling Markets: What US Players Can Learn

Finland’s digital gambling scene is undergoing a transformation. Once dominated by a state monopoly, the market is increasingly embracing international platforms with proven regulatory credentials.

Bring the Real Casino Atmosphere to Your Home with Live Dealers

Discover the live casino experience from home with live dealers. The best live casino platforms, Pinko live roulette games, and real-time table fun await you.

Pinco Casino Eliminates Currency Exchange Fees

For international players, one of the most overlooked challenges in online gaming is the hidden cost of currency conversion. Many casinos apply exchange margins or bank-level fees when users deposit or withdraw money in different currencies.