![BOL AQC Banner 728x90 [1] Gif](https://media.commissionkings.ag/uploads/005xBOL_AQC_banner_728x90_1.gif)
Gambling Companies
Gambling Companies, Gambling Stocks
Fox Poker Club in London Abruptly Shuts Down: Will Reopen Spring 2013
Without much advance notice, the Fox Poker Club in London has closed its doors but will reopen next Spring as a newly named Genting casino.
The Fox Poker Club, which is currently operated by Genting, tweeted the announcement at around 5 pm local time.
Fox Poker Club is now CLOSED. Thanks to all of our customers for supporting the club over the past two years.
More announcements quickly followed:
The club may be closed but the location will be refurbished and reborn in Spring 2013 as an exciting new Genting venue
New Jersey Casino Revenue Record Loss From Sandy: State Prepares for Online Bets
The numbers are in and they are terrible. Super Storm Sandy not only ravaged the New Jersey coastline, it also crippled the state's all-important casino sector.
Revel was among the worst hit with revenues down 33 percent from the $9.3 million generated in October of last year.
Revel exhausted most of its mid-August $100 million credit line as of the end of November.
Former Ladbrokes and OpenBet Directors to Launch Locus Gaming in January 2013
Ed Andrewes and Mick d'Ancona have created Locus Gaming and are putting the final touches on their first B2C product to be launched in January 2013. The company are keeping a tight lid on exact details of the forthcoming product but they have received an important boost by gaining a licence from the Isle of Man Gambling Supervision Commission.
Black Chip Poker Move Will Result in Over 1000 Peak Players to Winning Network
The numbers are starting to come in and they are significant as it applies to Black Chip Poker’s move to the Winning Poker Network. BCP switched from the Merge Gaming Network to the Winning Poker Network on Monday.
PokerStars Looking to Buy Atlantic Club Casino in Atlantic City
The Wall Street Journal was reporting Thursday evening that the world’s largest real money online poker room, PokerStars, was looking at potentially buying an Atlantic City casino in anticipation of Internet gambling becoming legalized in New Jersey.
The property of interest is the Atlantic Club Casino, which Stars hopes to acquire from investment group Colony Capital. The casino reportedly took in just shy of $110 million in the past year.
Lock Poker Re-Introduces ‘Happy Hour’ With Double Points
Monday, Wednesday and Friday between the hours of 2 pm and 6 pm GMT will be happy hour at Lock Poker. During this time period, double points will be rewarded to qualified customers.
This was previously an enormously successful promotional campaign that Lock has been working to revive since starting its own online poker network over the summer.
“We are excited to be bringing back Happy Hour,” said an ecstatic Jennifer Larson, CEO of Lock Poker.
Baaaaad Actors: Clause in NJ Online Gambling Bill Could Mean Return of PokerStars to US
Online gambling companies that have targeted US citizens up to now could be allowed back in the US if a bill to legalize Web gambling in the state of New Jersey is passed and signed into law by Governor Chris Christie. That means PokerStars and Full Tilt Poker, both of which left the US market in April 2011 following a massive crackdown by federal authorities.
The Governor is widely expected to sign the bill when it arrives at his desk some time later this month or early January.
From PokerFuse.com:
Zynga Shares Soar Thursday on News of Real Money Online Poker Move
The world’s largest free-to-play online poker company announced in after hours Wednesday that it had applied for a license to operate real money online poker with the state of Nevada.
Thursday, stocks shot up to 5 percent by mid afternoon Thursday.
Analysts remained cautious regarding the news nonetheless.
Bally Technology Looks to Acquire Online Poker Game Developer 3G Studios
(Reuters) - Slot-machine maker Bally Technologies is exploring a bid for online poker game developer 3G Studios, in what would be the latest deal to combine online gambling and casino gaming on social media, said two sources with knowledge of the talks.
One source said several Bally Technologies executives were scheduled to visit 3G's offices in Reno, Nevada on Tuesday to determine whether to make a formal bid.
Replacement Checks for TopBet.com Customers Now Arriving
Good news for TopBet.com customers as some have reported the receipt of new replacement checks following a series of payouts that resulted in “insufficient funds” (i.e. checks bouncing).
Gambling911.com reported earlier in the week that TopBet.com had lost one of its processors, a common industry problem facing US-based players.
Zynga Applies for Nevada Online Poker License
The world’s largest free-to-play online poker site, Zynga, has applied for a Nevada online poker site that the company said could take up to a year before they are up and running to accept real money from US customers, or at least those in the state of Nevada.
Bwin.party Head Jim Ryan Steps Down
Bwin.party CEO Jim Ryan announced he will be resigning from the world’s largest online gambling firm in January. Norbert Teufelberger, who acted joint CEO, will assume sole responsibilities for that position.
Wynn, Sands Fears as China Begins Crackdown on Macau
Wynn Resorts and Las Vegas Sands witnessed a decline in early trading Tuesday as China continues its crackdown on the gambling Mecca of Macau.
In recent months, Chinese authorities have conducted a series of raids aimed at curbing money laundering in the former Portuguese colony.
From Rueters:
Casino Kingpin Sheldon Adelson Spent $150 Million on US Presidential Election
One of the GOP’s biggest donors, Sheldon Adelson, reportedly spent $150 million in an effort to try and get Republican Presidential nominee Mitt Romney elected, it was revealed on Monday.
Black Chip Poker Now on Winning Poker Network
The migration from Merge Gaming to the Winning Poker Network is now complete for Black Chip Poker.
Top Bet Checks Bouncing Following Loss of Payment Processor
Concerned sports bettors have taken to the message boards complaining of checks issued by online sportsbook Top Bet bouncing (insufficient funds).
The culprit is a loss of their payment processor, which has also prevented most new depositors from coming on board as well.
Montreal Poker Hits The Big Time, WPT Event Breaks Record
Last week’s WPT Montreal demonstrated that there is definitely a demand for big time poker events in Canada, home to Gambling911.com.
ESPN’s Andrew Feldman noted that there wasn’t a whole lot of optimism heading into the 2012 WPT Montreal, mainly because a number of other major poker events had flopped throughout the country even after Canadian Jonathan Duhamel won the 2011 World Series of Poker Main Event.
The 2012 WPT Montreal was anything but a flop!
Black Chip Poker Moves to the Winning Poker Network
Black Chip Poker, Merge Gaming and the Winning Poker Network have jointly announced today that effective December 3rd, 2012, Black Chip Poker, its players and affiliates will move off the Merge Gaming poker network. Following that, Black Chip Poker will begin operations on the Winning Poker Network.
Zynga Restructures Agreement With Facebook: Closer to Offering Real Money Poker
The largest social-gaming company, Zynga, depends on the largest social network and vice versa, Facebook, writes Dean Takahashi of Venturebeat. But both appear to be going their separate ways as the two companies have restructured their contracts whereby Zynga can now begin offering its social gaming platforms to other companies. Zynga, as such, is one step closer to offering “real money” online gambling including poker.
Full Tilt Poker Executive Director Accused in Ponzi Scheme Settles With DOJ
Rafe Furst, one of three individuals accused of orchestrating an elaborate ponzi scheme while on the Board of Directors of Full Tilt Poker, has settled with US law enforcement and will now surrender his Swiss bank account and pay a $150,000 fine.
In return the US Government has dropped the civil money laundering penalty of $11,706,323.96. A portion of those funds are contained within the Swiss bank account.
Omni Casino Celebrates 15 Years Online: One of the Industry’s First
Omni Casino was established in November 1997 as one of the first online casinos and is the flagship brand of Peak Interactive. Since the beginning, Omni Casino has focused on providing their members a pure casino entertainment experience as the #1 most trusted and secure casino.
Steve Wynn Wants Casino in Everett, Massachusetts
Casino mogul Steve Wynn toured a proposed new locale for a casino in Everett, Massachusetts, referring to the region as a “natural for a casino”. He should know.
“It seems like a natural place for another great hotel,” said Wynn, whose properties include the Wynn Resort, Bellagio and Mirage in Las Vegas. “We may be a very positive addition to Everett. But we’re very early in this process.”
BlackChip Poker Leaving Merge Gaming Network
As has been rumored in recent weeks, BlackChip Poker, one of the premier Merge Gaming Network brands, will be finding a new home. That announcement is expected in the coming days.
BlackChip Poker confirmed Wednesday it will not be allowing customers to take part in the hugely popular Poker Maximus III that kicks off November 29.
Trophy Vegas Social Gaming Site Takes Plunge Into Real Money Casino Space
Trophy Vegas, in conjunction with its Facebook application Trophy Slots, is the latest social gaming site to begin offering real money casino play.
Trophy Slots was launched earlier this year as a social slots game, featuring 10 popular slots titles. To date, the Trophy Slots Facebook page had 37,803 likes.
Mohegan Sun Poker to Use Ongame Software Platform
Connecticut tribal casino operator, Mohegan Sun, has entered into an agreement with Ongame to provide a free play poker site with the intent to offer real money gambling once legislation is passed at either the federal or state level.
Americas Cardroom Online Poker Room Rake Drops from 5 Percent to 1 Percent
Gambling911.com endorsed Americas Cardroom, a US-friendly website that offers both free play and real money play, has announced, effectively immediately, the rake structure for all Limit games is changing.
Free-to-Play Casino Playsino Surpasses 1 Million Install Mark
Social casino website, Playsino.com, has reached the 1 million install mark this week.
"The overwhelmingly popular response to our social and mobile casino apps is further evidence of the strong growth potential in the social casino gaming sphere," said Brock Pierce, Playsino's CEO. "This space is only going to get hotter and provide better entertainment for users and higher revenues for developers."
CFTC Press Release Regarding Intrade Complaint
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today filed a civil complaint in federal district court in Washington, DC, charging Intrade The Prediction Market Limited (Intrade) and Trade Exchange Network Limited (TEN), Irish companies based in Dublin, Ireland, with offering commodity option contracts to U.S. customers for trading, as well as soliciting, accepting, and confirming the execution of orders from U.S.
Befair Leaving Greek Market Following New Gambling Regs
LONDON (Reuters) - Online gambling exchange Betfair said it would withdraw from the Greek market until there was greater clarity on gaming regulation in the country.
Betfair, which has not yet applied for a permit to operate in Greece, questioned the cost and conditions attached to permits required by gaming firms to trade in the country.
"According to legal advice received, the value of these permits is unclear and we consider the gambling legislation in the country to be inconsistent with European law," Betfair said on Monday.
Intrade Sued by Regulators: Stops Taking ‘Real Money’ Bets from US
Dublin, Ireland-based betting exchange Intrade is being sued by regulators and it's not all about the company's wagering services, the Wall Street Journal revealed on Monday.
