James Packer 'Very Clever' TV Raid Says Sen Stephen Conroy

Submitted by Greg Tingle on,

Online Poker Traffic Up 1.6 Percent This Week

 

Submitted by Ace King on,

Las Vegas Sands to Tap Into Intercontinental Network

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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.  

Submitted by Aaron Goldstein on,

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.

Submitted by Aaron Goldstein on,

Star City Casino Tipped For Rename: The Star

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Blanca Games Responds to Liquidator Statement in UB.com Purchase

Submitted by Ace King on,

PartyGaming Announces 3rd Quarter Results: Poker Sales Fall

 

Submitted by Aaron Goldstein on,

Paddy Power Poker Chip Stack Makes Guinness World Record Book

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William Hill 3rd Quarter Revenue for 2010 Way Up

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Betfair IPO Values Online Gambling Market at $1.3 Billion

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Australian James Packer Expanding Gambling, Media Interests

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Harrah’s Confirms They Are Going Public Again

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Crown Casino Strike Averted

A CASINO worker strike planned during Melbourne's busy Caulfield Cup has been averted.

Submitted by Greg Tingle on,

Former Sportsbook.com Spokesperson Brook Burke in Legal Trouble

Submitted by Jordan Bach on,

Online Poker Traffic Rises Another 1.4 Percent This Week

Submitted by Ace King on,

Sportingbet Partner Wants Greece Online Gambling License

Submitted by Aaron Goldstein on,

Crown Casino Strike To Cost Millions?

Submitted by C Costigan on,

Leisure & Gaming Only Trying to Sell Betshop

(SHARECAST) - Hard-up online betting group Leisure & Gaming has confirmed it’s in talks to sell trading subsidiary Betshop Group (Europe) Limited, not the whole company.

"Further to the announcement of yesterday, the company confirms that it is in discussions re the sale of its trading subsidiary, Betshop Group (Europe) Limited, only and is not seeking or expecting any offers for Leisure and Gaming plc," it said in a statement Tuesday.

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Ladbrokes Reports Strong Results Thanks To World Cup

Strong third quarter results are being attributed to the summer’s World Cup betting at Ladbrokes.

Submitted by C Costigan on,

Betfair Contemplates Offshore Move

Submitted by Aaron Goldstein on,

Online Sportsbook Rankings: Betfair, Bet365 Close Gap

Submitted by C Costigan on,

SunGames PokerKing Asian Poker Brand Joins Cake Poker

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World Cup Bets Boost Sportingbet Profits

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SBG Global Scam: The Untold Truth!

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Macau Gambling Revenue Jumps 40 Percent

Shares in some of the major casino companies rose following news that Macau’s revenue had climbed 40 percent compared to this time last year.

Submitted by Aaron Goldstein on,

Bookmaker Traffic Down Online

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PokerStars Pulls Out of Washington State, Sportingbet Won’t Do France

 

Two online gambling firms in the news a lot last week, PokerStars and Sportingbet, announced they are pulling out of or otherewise not returning to certain markets. 

Submitted by C Costigan on,

Party Poker Officially a Poker Fish Tank

 

Submitted by C Costigan on,

Las Vegas Vdara Hotel “Death Rays” Burning Guests

Submitted by Jagajeet Chiba on,