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Gambling Companies
Gambling Companies, Gambling Stocks
Revenues Way Up At PartyGaming
PartyGaming has reported a huge rise in revenues for the year 2010.
Revenues rose by 15 percent from 2009 to €357.3m (£300m) to €310.1m, with casino revenues jumping to €151.4m from €136.3m, bingo revenues more than doubling to €51.4m from €22.8m and sports betting climbing to €20.8m from €13.2m. Poker revenues fell to €124.8m from €136.8m. Pre-tax profits fell to €43.8m from €57.4m.
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.
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.
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.
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.
Vegas Airline and Casinos To Funnel Gamblers to Nevada
A new charter airline plans to launch casino-themed service between Las Vegas and New York City this summer.
Unnamed Asian Royal the Reason for Ladbrokes $91 Million Loss?
Talk about the importance of keeping top customers!
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.
PartyGaming, PartyCasino, Bwin Do Deal With Las Vegas Land Based Casinos
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.
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.”
Breaking News: DoylesRoom.com Moves to Yatahay Poker Network
DoylesRoom.com announced Friday afternoon it will be moving off the Cake Network to the Yatahay Poker Network effective immediately.
Four Wives, Seventeen Children Involved in Ho Debacle
Just one day after announcing publicly that all was good in his family, the 89-year-old Macau casino magnate, Stanley Ho has filed suit claiming he got a raw deal.
