Gambling Companies
Gambling Companies, Gambling Stocks
Cake Poker Rebrands as WinCake.com: Now Offers Sports Betting Online
In a huge industry move Monday, Cake Poker has announced a rebranding to WinCake.com along with news that it will begin offering sports betting, a web browsing format, and a $2 million jackpot casino.
Bwin.party Snatches Up PokerStars Exec Jeffrey Haas
eGaming Review Magazine is reporting that Bwin.party Head of Online Poker Chris Welch will be leaving next month and that his replacement is Jeffrey Haas, an executive from PokerStars, the world’s largest real money Web poker firm.
M Resort Poker Room Closes in Vegas
The M Resort, operated by Penn National, closed its poker room over the weekend after struggling against stiff completion.
The establishment recently hosted the Hollywood Poker Open.
According to USPoker.com, the M Resort typically only hosted one or two cash games on Saturday nights.
Player comps can be redeemed using the iMagine Rewards card anywhere at the resort.
Sportsbook Agent Service: IDSCA.com
The sportsbook agent service IDSCA.com is examined as part of this article.
IDSCA.com offers 24/7 service that is exclusive to the pay per head business. They do not offer post up sports wagering like some of their competitors. This allows IDSCA.comto focus only on providing you and your clients with the best service on the market.
Here are just a few of the many advantages to utilizing IDSCA.com’s sportsbook agent service:
Betting Software – Bookie Call Centers: Reviews for 2013 Football Season
Gambling911.com has your betting software and bookie center reviews for the upcoming 2013 Football Season.
Today we look at IDSCA.com, a company Gambling911.com has had a relationship with for the past three Football seasons.
Sports
Nevada Gaming Revenue Down Nearly 5 Percent in June
CARSON CITY, Nev. — (Associated Press) - State officials say Nevada gambling revenues went down 4.8 percent in June compared with a year earlier.
The Nevada Gaming Control Board released statistics Friday showing casinos won $792 million in June, down from $833 million in June 2012.
Las Vegas Strip winnings of $435 million were down 10 percent year-over-year.
But the situation was the opposite a little further down the road: Downtown Las Vegas winnings of $37 million were up 9 percent.
Full Tilt Poker US Players to be Paid Soon
A US Justice Department Claims Administrator has concluded review of Full Tilt Poker balances and has advised that the payout process should begin shortly.
Ultimate Poker Deals 10-Millionth Hand
LAS VEGAS, NV - Ultimate Poker dealt its 10-millionth hand of real money online poker at 10:22 a.m. PST on UltimatePoker.com after a little over three months of live play.
CNBC Comes Under Fire for ‘Money Talks’ Reality Series: Capper Scammed Elderly
CNBC’s announcement that they will be airing a new sports handicapping reality series this fall called “Money Talks” is beginning to cause quite a backlash.
Facebook Passes $38 Initial IPO Offering Price
NEW YORK – (Associated Press) - Facebook's stock has passed its $38 IPO price for the first time since its rocky public debut last May, crossing a symbolic hurdle that has eluded it for more than a year.
Las Vegas Sands Wants Second Jury Verdict Thrown Out
LAS VEGAS — (Associated Press) - Las Vegas Sands Corp. asked a Nevada judge Tuesday to throw out a second jury verdict awarding a former consultant a $70 million settlement in a breach-of-contract case.
Attorneys for the largest U.S. casino company presented 12 reasons a district judge should grant a second retrial.
The payroll company ADP says companies hired in July at the fastest pace since December.
Bwin.Party Share Price Rises on Hopes of Company Split
Bwin.Party shares shot up Tuesday on news that the online gambling firm is considering a split.
More specifically, the Financial Times reported that Bwin.party was “working on a plan to spin off its unregulated operations into a separate company.”
Bwin.party is looking to aggressively take on the US market. They have already inked a deal with Boyd Gaming to run Atlantic City’s Borgata’s online poker site.
Bwin.party stock rose 3.9 percent on Tuesday to close at 135.9p. This is the firm’s best performance in nearly three months.
Chow to Take on Macau With T-Rex, Gladiators
(Reuters) - Macau tycoon David Chow is ripping up the fake volcano and Roman amphitheatre that were the show pieces of a failed theme park he built in the Chinese gaming enclave seven years ago.
He is replacing them with something a little less kitsch and more in keeping with the neighbourhood: a casino resort boasting an opera house and dinosaur museum that he hopes will return him to the spotlight of the world's largest gambling hub.
Judge Won't Toss $70M Jury Award Against Sands
(Associated Press) - A Hong Kong businessman is one step closer to collecting a multibillion-dollar award from Las Vegas Sands Corp., the largest U.S. casino company.
A Nevada judge on Tuesday denied Sands' request to throw out a jury verdict awarding former consultant Richard Suen $70 million in a breach-of-contract case.
Sands presented 12 reasons the company should be granted a retrial.
Number of Firms Applying for Online Gambling License in NJ Up to 37
A total of 37 online gambling companies have applied to serve the Garden State and its nearly 9 million people.
The New Jersey state Gaming Enforcement Division says it received the applications by Monday's deadline for initial consideration, a major milestone in Atlantic City's development of online betting.
Online Sports Betting Site SportsBettingOnline.com Adds Bitcoin
Gambling911.com sponsor SportsBettingOnline.com has become one of the first established online sportsbooks to incorporate Bitcoin.
More importantly perhaps, SportsBettingOnline.com is the first online sportsbook to begin accepting Bitcoin that also offers other more traditional funding methods.
Bitcoin Online Poker Officially Hits Mainstream With Satoshi Poker
Everyone has been waiting with bated breath to learn what impact, if any, Bitcoin would have on the online poker sector. The time to find out is finally here with the introduction of Satoshi Poker.
Gambling911.com can confirm that the new entry will be pouring millions of dollars into marketing its product across the World Wide Web. And good news for US players, as Satoshi Poker will be accepting players from all jurisdictions.
Casino Developers in Cedar Rapids Allegedly Made ‘Illegal’ Political Contributions
Two casino executives placed in charge of overseeing development of a Cedar Rapids casino allegedly made illegal political contributions in late 2009 to then-Governor Chet Culver’s unsuccessful re-election campaign.
From the Gazette:
Revel Atlantic City Poker Room to Shut Down in Next Two Weeks
The financially strapped Revel Casino in Atlantic City is ready to close its poker room.
John Brennan of the Bergen Record tweeted Monday:
Sources: Revel AC poker room will close in 2 weeks. Canceling all tournaments. Bad beat jackpots to be paid.
The Revel Casino is expected to shut its poker room down on August 15 though the closure could actually happen sooner.
Caesars' 2Q Misses Expectations
LAS VEGAS (Associated Press) — Casino operator Caesars Entertainment Corp. posted a smaller loss for its fiscal first quarter on Monday, but results still missed expectations as slots and tables drew fewer gamblers.
Caesars owns or manages more than 50 casinos, most of them in the U.S. and Britain.
The company saw casino revenues decline by $116.8 million, or 7.5 percent. CEO Gary Loveman said food and beverage sales may ultimately replace those dollars.
Wynn Macau Q2 Revenues Not Entirely Impressive
LAS VEGAS — (Associated Press) - Wynn Resorts Ltd. said Monday that it made less money than expected in the Chinese gambling enclave of Macau, and its second quarter missed analysts' forecasts.
Excluding special items, Wynn made $1.51 per share on revenue of $1.33 billion in the latest quarter.
Analysts polled by FactSet forecast, on average, earnings of $1.57 per share on revenue of $1.34 billion
PokerStars Parent Company Files Motion to Dismiss Domain Case
PokerStars parent company, the Rational Group, has filed a motion to dismiss in a 2008 case brought by the commonwealth of Kentucky to seize 141 online gambling domains.
Big News Coming at Carbon Poker as Best Promos Yet to be Announced
Carbon Poker has revealed they are preparing to announce some of the biggest promotions to date.
What are the promos?
You’ll have to come back July 30 (2013) to find out as Carbon is keeping mum.
Carbon Poker is one of the biggest names in online poker and the marquee brand on Merge, a poker network that welcomes players from North America.
Online Gambling Firm Wants to Buy or Build Casino in Atlantic City
TRENTON, N.J. – (Associated Press) - An online gambling firm plans to buy or build a casino in Atlantic City to get a piece of the Internet wagering action planned to launch in the state this year, another sign of a revival of corporate interest in a city where gambling revenue has been falling since 2006.
MidOil USA managing partner Vincent Crandon said Friday that he plans to announce around Labor Day whether his investment firm and Web gambling company 2UP Gaming will be buying or building.
Metro Play Casino Offers Much Needed Distraction After King George Birth
Now that Prince George of Cambridge is happily cooing away, we can get back to pursuing other entertainment on the Internet. Metro Play Casino is there to satiate our need for excitement by offering more than 200 web games and over 50 mobile games. From brainy puzzles like Sudoku, to casino games including the thrill-seeking Lara Croft slots, Metro Play online gaming offers instant real-time fun.
Ultimate Gaming Gets Final Approval From Nevada to Operate Real Money Poker Site
LAS VEGAS, NV - Today, July 25, 2013, Ultimate Gaming, a majority-owned subsidiary of Station Casinos LLC, received final approval from the Nevada Gaming Commission for its real money online poker product Ultimate Poker, the only legal poker website in the United States.
Zynga Shares Plummet as Company Won’t Enter US Online Gambling Space
SAN FRANCISCO (Reuters) - Zynga Inc will largely abandon its long-running efforts to build a real-money gaming business in the United States, a prospect investors once believed to be the struggling company's sole lifeline.
Mike Britt Joins Ultimate Poker as Vice President of Market Development
LAS VEGAS– Government affairs and gaming professional Mike Britt has joined Ultimate Gaming, America’s first regulated online gaming operator, as vice president of market development and government affairs. He brings 10 years of experience in politics, legislative affairs and market development to the company.
2013 WSOP Last Lady Sitting Jackie Glazer Joins PokerStars
Australian female poker pro Jackie Glazier has left Ivey Poker to join the 888 Poker team.
Glazier became the 2013 World Series of Poker Main Event’s “Last Woman Sitting”.
Ms. Glazier finished 31st for $229,281, bringing her total career earnings to almost $1.2 million.
Venetian Boycott Not Working, Adelson Sees Triple Profits as Body Count Rises
Attempts to get poker players to boycott the Venetian Hotel and Casino’s Las Vegas poker room this week have apparently fallen on deaf ears.
The room has been bristling with action each and every day.
