Business & Financial
Bookie Sports Betting – Where to Find the Best Software
When it comes to bookie sports betting software, you definitely want the best for your clients. RealBookies.com might provide the answer to all your needs.
Starting under $10 per head with a free 4-week trial, agents get the benefit of setting up accounts in just minutes, paying only on active clients, live in-game wagering, 24/7 service and a mobile interface.
World Poker Tour® Strengthens Partnership With Global Poker Index
Los Angeles, CA - World Poker Tour® announced today that the Season XIII WPT® Player of the Year award will be powered by the Global Poker Index™. Also, for the first time ever, the Player of the Year race will include not only the WPT Main Tour, but WPT500, WPTDeepStacks, and WPT National and Regional Events as well.
Forex Betting: Euro Drops After ECB Hold Rates Remain Unchanged
(Reuters) - The euro weakened on Thursday, undermined by the European Central Bank's saying it would leave interest rates unchanged at record lows and that the fragile economic recovery will keep the loose policy in place for an extended period.
The ECB's decision was not unexpected by the market, and it heightened the contrast in monetary policy, with the euro zone moving toward easing and the United States moving toward tightening on an improving economic outlook.
The positive sentiment on the U.S. economy was helped by better-than-expected weekly U.S. jobless claims.
Revel Casino Bankruptcy Hearing Postponed Until Next Week
ATLANTIC CITY – (Associated Press) - The bankruptcy auction of the troubled Revel casino hotel, which had been scheduled for Thursday, has been postponed until next week.
Lawyers for the casino said in a court filing Wednesday night that they had received multiple bids for the casino by Monday's deadline and needed additional time to review them.
The auction was rescheduled for 9 a.m. next Thursday.
Atlantic City Mayor Don Guardian said last month that there were six potential buyers for the casino, but none of the potential bids have been outlined.
Bill to Legalize Online Poker in California is Dead in the Water for 2014
One of two bills introduced to legalize online poker in California has been pronounced dead for this year.
Democratic state Senator, Lou Correa of Santa Ana, a co-sponsor of the bill, said it needed to be shelved as there was not enough time left in the legislative session to get it for a vote.
Think the US Congress is bad taking off the entire month of August and a portion of September?
The California legislature not only takes off in August, they take off the rest of the year.
Las Vegas Sands Shares Fall Fast Wednesday on Macau Worries
Las Vegas Sands entered “oversold” territory Wednesday, according to Forbes.
California Broker Ordered by SEC to Pay Back $9 Mil Used for Gambling Debts
The Securities and Exchange Commission has ordered a California broker and investment adviser, John Thornes, to pay back approximately $9 million in fines (including $280,000 in interest) after it was determined he had stolen some $4.4 million from the trust of an 80-year-old client to pay off gambling debts.
Thornes also stole from a deceased man’s trust that was set up to fund college accounts, according to the SEC complaint.
Vacation homes, luxury cars and chartered private jets were also paid for with the stolen funds.
Seminole Hard Rock Joins Forces With PokerStars
The Seminole Hard Rock Casino in Hollywood, Florida has partnered with the largest online poker room PokerStars for its Seminole Hard Rock Poker Open Championship (SHRPOC) series.
PokerStars players now have the opportunity to buy into the SHRPOC Main Event via their online account.
The Hard Rock event runs from August 14 thru September 3 and features a $10 million guaranteed event and a $100,000 Super High Roller event.
The entire Seminole Hard Rock Poker Open Championship 2014 schedule appears below.
Trump Sues to Get Name Off of Atlantic City Casinos Including Taj Mahal
ATLANTIC CITY – (Associated Press) - Donald Trump is suing an Atlantic City, New Jersey, casino company, trying to force it to drop his name from its two gambling halls.
Trump tells The Associated Press he wants his name stripped from the Trump Plaza and the Trump Taj Mahal because their owner, Trump Entertainment Resorts, has failed to maintain them properly.
Trump says in a lawsuit filed Tuesday the poor condition of the casinos is hurting his personal brand.
Trump Entertainment Resorts has declined to comment.
SBOBet.com Center of Paul Phua World Cup Betting Probe: Not Guilty Pleas Entered
Poker pro Paul Phua and his son Darren appeared in a federal court on Tuesday to answer to charges they ran an illegal gambling business out of the $25k a night Caesars Palace villas via the popular Asian handicapping betting site SBOBet.com. Phua and six others are set to be arraigned on August 7. The father-son-tandem may be deported back to their native Malaysia. Both men pleaded not guilty on Tuesday.
MGM Shares Gaining Tuesday Following Big Earnings Win News
MGM shares rose as much as 2.5% on news that the gambling resort raked in more cash in Vegas thanks to higher occupancy rates, loftier room prices and a stronger percentage of gambling wins.
The company enjoyed a per-share profit of 21 cents during the second quarter of this year following a lagging start.
MGM also owns the Mirage, Luxor and Mandalay Bay. Occupancy rates in those establishments were up 96% the last quarter, while average room rates rose to $141 from $134.
Denver Bookies and BarBets App Now Available at Local Sports Bars
If you are a bookie in the Denver area, you’ll want to check out RiNo Beer Garden, Highland Tavern, Occidental and Whiskey Tango Fox Trot in 2024. It was just a decade ago that the BarBets app was introduced to patrons to place wagers on various sporting events. Back then, sports betting was not regulated in Colorado. Today it is.
Macau Casino Workers Want Bigger Piece of the Pie
(Reuters) - Disgruntled casino workers are becoming a costly thorn in Macau's side.
As the Chinese territory races to build eight new resorts in the next three years, labour strains look set to intensify: workers are demanding higher pay and threatening strikes at a time when operators face a labour shortage.
Las Vegas kingpins Sheldon Adelson at Las Vegas Sands Corp and Steve Wynn at Wynn Resorts Ltd together reported unexpected costs of $50 million last quarter for labour-related compensation at their Macau casinos.
Bitcoin Domain BTC.com Sells for $1.1 Million
Domain names can still fetch top dollars as witnessed this week with the $1.1 million spent by Josh Garza of Connecticut-based mining equipment firm GAWMiners to acquire BTC.com.
Garza told Cryptocoinsnews' (CCN) that he had some "huge things in the works" for the mining world and digital currencies.
"Investors that are looking at Bitcoin will see this acquisition as another sign that it is worth investing in Bitcoin and Bitcoin related companies," Fargo wrote.
The rare domain name was exclusively brokered by Domain Guardians.
Forex Trading Alerts: Events to Watch for This Week
For those trading in Forex, Kathy Lien, Managing Director of FX Strategy for BK Asset Management, has highlighted five potentially critical events to watch for in the coming days.
Canadian Police Refuse to Identify Paddy Power Hacker: 649,000 Accounts Breached
Ontario authorities this week stated they will not be releasing the name of an individual said to have hacked some 649,000 customer accounts at Paddy Power, the UK’s third largest bookmaker.
‘FIFA Makes Me Sick and Blatter Runs it Like a Dictator’ Claims Sports Broadcaster
Popular BBC sports broadcaster and a former footballer who holds the record for most goals scored by an English team in the World Cup, Gary Winston Lineker has blasted FIFA saying that the organization “makes me sick and (Sepp) Blatter runs it like a dictator”.
Betfair’s £80m Payout Error: Who Benefitted?
The world’s largest betting exchange, Betfair, has admitted to making a £80m payout mistake during the years 2011-2013. Punters saw none of it, however.
The company admitted on Sunday that they had paid out investors in this amount in violation of accounting rules.
Betfair essentially paid out more in dividends and share buybacks than it was legally permitted to.
Rhode Island, Providence Bookies Going Down in Latest Shakedown
Rhode Island is the latest state that is proving to be inhospitable to bookies.
On Friday, August 1, it was announced that a state grand jury had returned indictments in connection to an alleged sports betting ring operating in the northern part of the state.
Web Based Binary Platform vs. Download: Advantages and Disadvantages
When trading Binary Options should I use a downloadable platform or one that is web-based?
Any fears related to using a web-based binary platform can be diminished in these modern times, as Hillel Fuld of DailyForex.com notes, especially as it applies to the trend towards cloud computing.
Bookies in Northern California: San Francisco, Sacramento, Oakland, Modesto
Bookies in Northern California, just like their counterparts in the southern part of the state previously profiled here at Gambling911.com, have access to some of the wealthiest folks on the planet. In the case of Northern California we are talking about Silicon Valley and the many successful businesspeople who reside here.
Bally Technologies One of the Darlings of the NYSE Friday: Share Price Skyrockets
Bally Technologies Inc. was up $17.53 to $77.70 Friday and was one of the biggest movers on the New York Stock Exchange.
The gambling equipment maker is being bought by rival Scientific Games Corp. in a deal worth $5.1 billion, including debt.
Bally shareholders will get $83.30 a share, representing a 38% premium to the stock's closing price on Thursday.
Based in Las Vegas, Bally Technologies makes slot machines, video lottery systems, table games and other products.
Amaya Gaming Completes Acquisition of PokerStars
MONTREAL - Amaya Gaming Group Inc. (TSX: AYA) ("Amaya" or the "Corporation") announced today the completion of its previously announced acquisition of 100% of the issued and outstanding shares of privately held Oldford Group Limited ("Oldford Group"), the parent company of Isle of Man-headquartered Rational Group Ltd.
Borgata Posts Quarterly Loss for Online Poker in New Jersey
The Borgata Hotel and Casino in Atlantic City, partnered with bwin.party, has posted a quarterly operating loss of $1.8 million for the period of June 30.
It did, however, reach a “key milestone” by breaking even during the month of July.
The Borgata and bwin.party were widely seen as having gotten off to the strongest start in the newly opened New Jersey online gambling market through aggressive ad campaigns. Ongoing payment processing issues, particularly with a high credit card decline rate, have stymied growth since that time.
How to Choose the Best Binary Options Platforms for Betting
Zvezda Geek on Friday featured a series of useful tips for those looking at choosing the best binary options platforms online to support all your binary betting needs.
Speaker Line-up Announced for Inaugural Crypto Valley Summit
Industry titans, government personnel and Adam Wood, Lieutenant Governor and the Queen’s personal representative, are among more than 30 speakers due to make a powerful statement of the Isle of Man’s commitment to cryptocurrencies, as the speaker line-up for the inaugural Crypto Valley Summit is announced.
Ireland Government Blasts Paddy Power Failure to Expose Breach
Government officials in Ireland have slammed that country’s largest bookmaker for failing to alert the public regarding a massive data breach that occurred in October 2010. News of the breach only became known on Thursday (July 31, 2014), nearly four years later.
Amicus Brief Filed By Bitcoin Foundation in Miami Criminal Case
The Bitcoin Foundation announced Thursday afternoon that they have filed an amicus brief with respect to a criminal case surrounding bitcoin transactions in the state of Florida and more specifically a case involving two subjects arrested last February in Miami Beach.
Paddy Power Suffers Massive Data Breach: More Than 649,000 Customers Compromised
More than 649,000 customers of the UK’s third largest bookmaker, Paddy Power, have had their personal information stolen, it was revealed on Thursday. Of those, approximately 120,000 are based in Ireland.
No customers who signed up after 2010 are impacted by the breach.
Global Gaming Expo 2014 to Feature Sheldon Adelson, Steve Wynn
The Global Gaming Expo 2014 to be held in Las Vegas Tuesday September 30 thru October 2 will feature the likes of casino giants Sheldon Adelson, Chairperson of Las Vegas Sands Corp, Steve Wynn, Head of Wynn Resorts, and Jim Murren, Chairman and CEO of MGM Resorts International.
Others confirmed for the world’s biggest gaming event include Patti Hart, CEO of IGT, Jamie Odell, CEO of Aristocrat Leisure Limited, David Baazov, CEO of Amaya and James Allen, CEO of Seminole Gaming and Chairman of Hard Rock International.
