Filed in archive Gambling General
by jo on October 30, 2006
So the US bans effectively online gambling and your company stock tumbles through the floor. What now? Merger rumours or acquisition? In the case of 888 and Partygaming, both affected drastically...
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Filed in archive Gambling General
by jo on October 27, 2006
America's bestest friend in the world, the UK, has taken its first jab at the US ban of online gambling. Comparing it, like many, to the prohibition era, Tessa Jowell, the UK's Culture...
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Filed in archive Casinos
by jo on October 26, 2006
Macau is finally overtaking Vegas as the world's biggest gambling destination. The former Portuguese enclave, near Hong Kong, is set to take $6.8bn in revenues this year - $0.2 higher than Vegas...
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Filed in archive Casinos
by jo on October 24, 2006
The king of the Vegas strip met with the king of the Atlantic City Boardwalk at a Mets game last week and more seemed to be on the cards then just baseball. Could it be that Steve Wynn, who......
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Filed in archive Betting
by jo on October 23, 2006
Betcorp is the latest sportsbook to bow out of the internet betting industry by selling out its Canadian and Costa Rican operations to Bodog.com Since the US made online gambling an almost impossible...
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Filed in archive Poker
by jo on October 20, 2006
With an idea similar to the Touchbet Roulette/Virtual Roulette tables that crowd UK casinos and have also entered the US market, someone has come up with the cute idea of making a 'virtual'...
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Filed in archive Gambling General
by jo on October 18, 2006
The online gambling bill in the US has proved one obvious thing - force one popular company away and others will just take its place. As publicly traded companies such as Partygaming closed its doors...
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Filed in archive Casinos
by jo on October 17, 2006
Casino owner Steve Wynn was having one of those days. He'd just sold a Picasso for $139 million to fellow collector Steven Cohen - a hefty $90 million more than he paid in 1997, when he was...
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Filed in archive Gambling General
by jo on October 13, 2006
As expected, George Bush has signed off the Safe Port Act - complete with that little addition, stuck in at the end, that bans financial transactions for online gambling - effectively banning...
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Filed in archive Betting
by jo on October 12, 2006
The European Union have included France, Italy and Austria to an ever-growing list of countries they're investigating for restricting or banning foreign online betting and gaming operations. The...
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Filed in archive Casinos
by jo on October 11, 2006
Both Atlantic City and Nevada have shown huge increases in revenues. Atlantic showed a 9% increase in September, compared to the same time last year. Winnings totalled $468.8 million - split between...
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Filed in archive Gambling General
by jo on October 10, 2006
As more online gambling companies back out of the US after the anti-online gambling legislation surprised the industry, the bill and its ramifications is beginning to seep into mainstream media and...
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Filed in archive Casinos
by jo on October 06, 2006
There's good gamblers. There's bad gamblers. And then there's gamblers that plow their truck into the casino after losing. Those are the ones you should be wary of. A gambler at the...
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Filed in archive Gambling General
by jo on October 04, 2006
The media coverage about the online gambling ban in the US has spread like wildfire. However, what does the average American think about it? Here's a response from a Republican voter about the...
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Filed in archive Casinos
by jo on October 03, 2006
Harrahs Entertainment - the world's largest casino operator - has been targeted by private equity firms for a $26bn buyout. Texas Pacific and Apollo Management have offered $81 per share to the...
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Filed in archive Gambling General
by jo on October 02, 2006
After all the noise, it happened swiftly, quietly and painfully. The US finally got its online gambling bill through the senate after tagging it on to the 'safe port act' bill over the...
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