Gambling Companies

Gambling Companies, Gambling Stocks

Welcome to One of the Most Impressive Per Head Businesses for Bookies

When it comes to per head businesses this Football season, few come close to PerHead.com, one of the first operators in the offshore gambling scene (previously operating as EagleDP.com).  

First off, they operate from their own three story building (can you say “IMPRESSIVE”). 

Second, they have been operating offshore since 1999 but the current owner’s dad started the business way back in 1952.

Submitted by C Costigan on, Sep/05/2013

Golden Nugget Casino to Offer Online Gambling

The latest casino property to embrace online gambling is none other than the iconic Golden Nugget casino brands.

Landry’s Inc. is the owner of Golden Nugget.  They have hired Thomas Winter, a former head of European-based Betclic Ltd. to run its online business.  They will also be partnering with Bally Technologies Inc. to provide the Internet platform.

Submitted by Aaron Goldstein on, Sep/05/2013

Boston, Everett Told to End Border Dispute Over Proposed Wynn Casino

BOSTON — (Associated Press) - The state’s top gambling regulator told representatives from the cities of Boston and Everett on Wednesday that they needed to resolve by week’s end a dispute over how much say, if any, Boston should have on a resort casino proposed by Las Vegas casino developer Steve Wynn.

Submitted by Associated Press on, Sep/05/2013

Equity Poker Network Launches First Non-Profit Poker Network

Unique Business Model to Deliver More Profits to Operators

 

San Jose, Costa Rica - The EquityPokerNetwork.com (“EPN”) is set to revolutionize the Network-Operator dynamic with the launch of the world’s first ‘non-profit’ online poker network. When EPN opened its doors for business, online poker operators around the world (including the U.S.) finally have a smarter Network alternative that guarantees a level playing field for all, and more profits back to the actual Operators.

Submitted by Press Release on, Sep/05/2013

Online Bookmaker Paddy Power Sponsors Dennis Rodman 2nd North Korea Trip

Paddy Power, the UK’s third largest bookmaker, is sponsoring former NBA star Dennis Rodman’s trip to North Korea.  It is Rodman’s second trip to the “Hermit Kingdom” in so many months.

Submitted by Jagajeet Chiba on, Sep/04/2013

Macau Gambling Growth Up 17.6 Percent

(Reuters) - Gambling revenue in Macau rose 17.6 percent in August year-on-year, buoyed by a steady flow of wealthy Chinese punters to China's only legal casino hub.

August's revenue of 30.7 billion patacas ($3.88 billion) was the second strongest figure this year, according to government data released on Monday. Analysts had forecast August growth in the world's biggest gambling market to be up 17-19 percent.

A Portuguese colony until 1999, Macau's gambling revenues are closely twinned with China's economy as more than two-thirds of its visitors coming from the mainland.

Submitted by Reuters on, Sep/02/2013

Nevada Strip Gambling Drops 14 Percent in July

CARSON CITY, Nevada — Nevada gambling revenue dropped 8 percent in July, led by a 14.4 percent drop on the Las Vegas Strip that analysts Friday chalked up to a tough comparison to the same month the year before.

Casinos statewide won $925.7 million from gamblers in July, down from July 2012 when casinos surpassed the billion-dollar mark and posted a 17 percent increase. The "win" is what was left in casino coffers after gamblers wagered $11.5 billion. A breakdown shows $8.8 billion was plunked into slot and video machines, while $2.7 billion was bet on card and table games.

Submitted by Associated Press on, Aug/31/2013

Online Gaming Solutions for Bookies – 2013 Football

Our friends at Wagerhome.com are experiencing their biggest year thus far with their online gambling solutions for bookies. 

In fact, online sportsbooks are reporting some of the best traffic heading into Week of the 2013 College Football season they have experienced in over five years.

Submitted by C Costigan on, Aug/30/2013

Purple Lounge Casino Parent Company Closes Two Years After Disney BJ Scandal

The parent company of now defunct Purple Lounge Casino and Poker Room, Mediacorp plc, has ceased trading on the London Alternative Investment Market (AIM).

Purple Lounge shut down in April of last year due to what Mediacorp termed “liquidity issues”.

But Mediacorp months earlier had been embroiled in a messy sex scandal involving one of its non-executive Directors, Chris Gorman.

Submitted by Jagajeet Chiba on, Aug/29/2013

Palazzo Hotel-Casino Wants to Put End to Bestiality, Simulated Sex in Nightclub

LAS VEGAS (Associated Press) — It turns out that even in Sin City, some sins are hard to overlook.

The Palazzo hotel-casino on the Las Vegas Strip is trying to evict a 10-month-old nightclub for shows it says are so raunchy that they violate obscenity laws. It says actors — some nearly naked — toss condoms into the crowd and simulate sex acts and bestiality on stage.

Submitted by Associated Press on, Aug/29/2013

Investment Group Closing in on Atlantic City Casino

The Press of Atlantic City is reporting that an investment group is on the verge of purchasing a casino on the boardwalk but will not yet name the property.

From the Press of Atlantic City:

Submitted by Aaron Goldstein on, Aug/29/2013

Maryland Live! Opens New Poker Room to Full House

HANOVER, Md. (AP) - The 52-table poker room at Maryland's largest casino opened Wednesday.

Dealers began shuffling cards at Maryland Live! Casino in Hanover at noon. A grand opening ceremony was held at 11 a.m.

Some people got in line early, waiting over five hours to play their first hand.

Submitted by Associated Press on, Aug/28/2013

888 Plans Online Gambling Expansion Into California, Florida, New York

With online gambling already legalized in Nevada, New Jersey and Delaware, 888 Holdings has its eyes on bigger fish, some of the most populous states in the US.

888 boss Brian Mattingley signaled moves into potential emerging online gambling markets like California, New York and Florida.

 “There are now nine more states considering [legalising online poker]. California is beyond doubt the biggest prize, and between California, New York, New Jersey and Florida that’s 50pc of the potential market,” Mattingley said.

Submitted by Aaron Goldstein on, Aug/28/2013

US Government to Get $47.4 Mil From Sheldon Adelson’s Las Vegas Sands Corp

LOS ANGELES (Associated Press) — Casino operator Las Vegas Sands Corp. has agreed to pay $47.4 million after failing to flag millions of dollars in money transfers made by a gambler linked to drug trafficking.

In return, the U.S. Attorney's Office in Los Angeles will not seek an indictment against the casino operator, prosecutors said Tuesday.

The deal, finalized late Monday, also brings the government's criminal investigation to a close, but requires Las Vegas Sands to boost its efforts to monitor suspicious financial transactions for the next two years.

Submitted by Associated Press on, Aug/28/2013

Delaware Rolls Out Online Gambling

The US state of Delaware rolled out its free online casino gaming platform Wednesday ahead of its planned October launch of real money online gambling.

"This first phase will allow us to really get the players acclimated to the virtual world in a legalized environment," said Tom Cook, Delaware's secretary of finance.

Submitted by Aaron Goldstein on, Aug/28/2013

Scores Strip Club Opening Inside Atlantic City Taj Mahal Casino

ATLANTIC CITY, N.J. – (Associated Press) - What if, after seven years of plunging casino revenues and fleeing customers, Atlantic City's real problem was this: People are wearing too much clothing?

Scores, the famous New York strip club, will open a satellite establishment inside the Trump Taj Mahal Casino Resort next month -- the first strip club inside an Atlantic City casino in the 35 years of legal gambling here.

Submitted by Associated Press on, Aug/26/2013

CNBC: ‘Seismic Shift’ Coming for UK Bookmakers as Government Imposes Tax

CNBC on Monday reported that UK-based bookmakers and other online gambling websites will be scrambling to move into the Asian and Australian markets following news that Great Britain plans to impose a 15 per cent levy on remote betting firms. 

This will hit major U.K. bookmakers like William Hill and Ladbrokes, which operate from Gibraltar, where taxes are currently levied at 1 per cent and capped at £425,000, CNBC notes.

Smaller bookmakers are likely to be forced out of the market.

Submitted by Aaron Goldstein on, Aug/26/2013

Online Gambling Accounts for More Than Half of Bitcoin Transactions

Bitcoin is becoming big business in the world of online gambling.  Earlier in the month, Gambling911.com reported that one of its ad sponsors, SportsBettingOnline.com, had become the first online sportsbook that was not bitcoin exclusive to begin offering the anonymous digital currency. 

Submitted by Alejandro Botticelli on, Aug/25/2013

Pay Per Head Service for $5 Per Month

PayPerHead.com is offering a price per player for $5 per month to qualified bookies.  This is a basic package that is a perfect fit for the guy with just a few clients. 

What you get with the $5 package is 24/7/365 online wagering, betting available on 80+ leagues and exceptional online support.

In order to get call center support, bookies will need to upgrade to the $10 per month package.

Submitted by C Costigan on, Aug/24/2013

Still The Only US-Based Regulated Online Poker Room: Ultimate Poker Upgrades

LAS VEGAS – Taking full advantage of having just completed field trial, UltimatePoker.com wastes no time getting new features to market.  The software upgrade includes table, lobby and tournament enhancements along with Color UP a new VIP Rewards program and online merchandise store.

Submitted by Press Release on, Aug/24/2013

Arsenal Now Paddy Power Betting Partner Despite Arshavin ‘Toilet Cleaning’ Billboard

Premier League football club Arsenal have announced a partnership arrangement with the betting firm Paddy Power.  The marriage comes as quite a surprise after Paddy recently erected a billboard suggesting former Arsenal footballer, Andrey Arshavin, should be cleaning toilets.  In fact, Arsenal has bore the brunt of many Paddy Power’s humorous billboards over the past year.

Submitted by Alistair Prescott on, Aug/22/2013

Wynn Resorts Applies for Online Gambling License in New Jersey

(Reuters) - Wynn Resorts Ltd said on Thursday it filed an application with New Jersey gaming regulators for an Internet gambling license.

Wynn's application follows dozens of companies that have submitted applications with the New Jersey Division of Gaming Enforcement for Internet gambling licenses ahead of a targeted launch date in late November.

Wynn Resorts operates casinos in Las Vegas and China's Macau, but has no casino operations in Atlantic City.

Submitted by Reuters on, Aug/22/2013

European Poker Tour Partners With Duracell Powermat

ONCHAN, Isle of Man – The European Poker Tour will become the first live poker tour to offer players free wireless mobile device charging, as part of a  deal struck with Duracell Powermat for EPT Season 10.

Submitted by Press Release on, Aug/22/2013

PerHead.co Blames Affiliate for Scam

PerHead.co has released a statement in response to the report featured on the Gambling911.com website citing a scam being perpetrated by someone with ties to that pay per head company.

Submitted by C Costigan on, Aug/21/2013

Wynn Wants In: New Jersey Online Gambling

Las Vegas Casino mogul Steve Wynn wants a part of New Jersey’s developing online gambling industry, the Press of Atlantic City is reporting.

Submitted by Aaron Goldstein on, Aug/21/2013

Pay Per Head Scammers Have Industry on Edge: Leads Investigated

Nearly everyone in the pay per head industry, most of which is based in Costa Rica, are outraged by a group of scammers that have inundated the Net with emails suggesting they have a direct relationship with the likes of respected PPH companies like WagerHome.com and Perhead.com.

Submitted by C Costigan on, Aug/21/2013

BetOnline Introduces Strip Sports Betting (Video)

If you are going to lose money betting sports, you might as well watch hot women lose their clothes at the same time.   We suppose that is the concept behind StripSportsBetting.com, a product of Gambling911.com sponsor BetOnline.ag. 

Submitted by Jagajeet Chiba on, Aug/20/2013

Ladbrokes Luck About to Change: Deutsche Bank Upgrades Shares to ‘Buy’

Ladbrokes, the UK bookmaking behemoth, has endured a rough ride in recent months but Deutsche Bank sees things changing for the better.

Bookmaker-2500-091412A.jpg

Analyst Richard Carter upgraded the share price of Ladbrokes from ‘hold’ to ‘buy’, believing that the stock is worth 232p and noting that the ‘headwinds’ affecting the group’s recent performance are now factored into the bookmaker’s valuation. 

Submitted by Aaron Goldstein on, Aug/20/2013

Fashion Empire Versace Enters Macau Gambling Industry

One doesn’t typically associate the name Versace with casino gambling, but the fashion house has announced its plans to build a luxury hotel at a casino resort in the Asian gambling Mecca of Macau.

In a joint statement with local casinos operator SJM Holdings Ltd, Versace said the five-star Palazzo Versace hotel will be part of a resort SJM is building in the former Portuguese colony's Las Vegas-style Cotai strip.

Submitted by Aaron Goldstein on, Aug/20/2013

Bahrain-Based Investcorp Sells Majority Share in Online Payment Processing Co Skrill

(Reuters) - Bahrain-based Investcorp said on Monday it agreed to sell a majority stake in British online payments services firm Skrill Group to private equity group CVC Capital Partners for 600 million euros ($800 million).As part of the deal Investcorp will keep an approximate 25 percent stake in the company, sources said. It will also retain a seat on Skrill's board, the company said in a statement.

Submitted by Reuters on, Aug/20/2013

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