US Financial News

US Financial News and Odds on the US Economy

Zynga IPO Could Happen in June: Company Worth $10 Billion

The popular social gaming and poker company Zynga is expected to file for an IPO some time in June, though most of the speculation is focusing on the later part of the month. 

Submitted by Aaron Goldstein on, May/27/2011

Macau Casino Stocks May See Short Term Drop Second Half of 2011

Submitted by Aaron Goldstein on, May/24/2011

Yandex: Biggest 2011 Tech IPO

Submitted by Aaron Goldstein on, May/24/2011

New Jersey Gov. Chris Christie Vetoes Online Gambling Bill

New Jersey Gov. Chris Christie vetoed a bill that would have made his state the first in the U.S. to re-introduce online gambling.

Submitted by Payton on, Mar/03/2011

Gov. Chris Christie Extension : Gaming in Waiting

Submitted by Payton on, Feb/21/2011

Vegas Airline and Casinos To Funnel Gamblers to Nevada

A new charter airline plans to launch casino-themed service between Las Vegas and New York City this summer.

Submitted by Payton on, Feb/21/2011

Apple Users Rejoice Over New Sports Handicapping App

Submitted by Payton on, Nov/12/2010

Winning Sports Advice APP Offers Direct Picks

Submitted by Payton on, Nov/05/2010

Las Vegas Economy Hangs by a Thread

A turnaround in Nevada's economy hinges on recovery in the national economy, a university economist stated this week.

Submitted by Adm1n on, Jun/21/2010

Markets Tank: Wall Street Stocks Down More Than 2 Percent

It was another nail biter on Wall Street today as stocks fell more than 2 percent. 

At press time 2 pm EST, stocks were at 10174.64 -269.73.

Submitted by Aaron Goldstein on, May/20/2010

City Center Las Vegas Continues to Struggle

MGM Mirage's CEO stated that despite operating losses and a write-down on its CityCenter joint venture, the casino operator has solid plans to attract more customers to struggling Las Vegas.

The company's plans have long centered around CityCenter, the $8.5 billion complex of resorts, restaurants, entertainment, retail shops and a casino it built with Dubai World, which opened in December. And state and local leaders have looked to CityCenter as a must-see attraction that will provide jobs and renewed motivation for visitors to come.

Submitted by Payton on, May/11/2010

Unemployment Up to 9.9%: Betting Market Grim Forecast

The economy added a net 290,000 jobs but that didn't stop unemployment from going up to 9.9% from 9.7% last month.

Submitted by Aaron Goldstein on, May/07/2010

Sabotage Not Ruled Out In Wall Street Plunge: Bettors React

President Obama has not ruled out sabotage in Thursday's shocking near 1,000 point loss on the Stock Exchange after rebounding later in the day.

The president announced Friday morning that a full review is being conducted, and Gibbs said Obama is waiting to hear the results of a review before ruling out what might have caused it, including the possibility of sabotage, The Hill reported on Friday afternoon.

Submitted by Aaron Goldstein on, May/07/2010

Legal Online Gambling in the US Would Create 32,000 Jobs

A study released by H2 Gambling Capital suggests that some 32,000 jobs can be created in the United States with the legalization of online gambling.

Submitted by Aaron Goldstein on, Apr/20/2010

Newspaper Industry Looks to Online Gambling to Boost Profits

Mainstream newspapers in Australia and the United States are starting to plug into the streets paved with gold - online gambling, following the lead from our United Kingdom based media mates.

Media Man and Gambling911 probe the situation in an Aussie - Yankee double investigation, with earlier indicators showing that newspapers are seeing the "green", following the money trail to gambling, be it in AUD, USD, GBP or monetary other denominations.

Submitted by Greg Tingle on, Apr/15/2010

Steve Wynn Divorce Among Most Expensive

Steve Wynn's $1 billion divoce may be the most expensive ever, at least according to Wynn.  He and his wife Elaine split their 38 percent stake in Wynn Resorts Ltd.  Elaine walked away with $955

Submitted by Guest on, Apr/15/2010

Gambling in Hawaii: Wipe Out

Carrie Stroup sadly packed her bags last night, as a move to legalize casino gambling at the Hawaii Legislature this session is now dead.

Submitted by Payton on, Feb/26/2010

Alabama Baptists and Casino Supporters Clash

Anti-gambling leaders had their work cut out for them to speak over an unruly crowd at a rally held Feb. 23 on the steps of the Statehouse.

Submitted by Payton on, Feb/24/2010

North American Poker Tour Exposes PokerStars

A lucrative sponsorship deal of the North American Poker Tour will further help to boost market share for online poker's largest room, PokerStars.com.  The

Submitted by Jagajeet Chiba on, Jan/06/2010

Business Week: Casino Sector Continues to Rise

Shares of casino operators traded mostly higher Tuesday -- led by those with properties in Macau -- as investors remained upbeat about the latest gaming revenue figures for the Chinese enclave.

Submitted by Guest on, Jan/05/2010

Las Vegas Gambling Disasters of 2009

Ryan C.

Submitted by Jagajeet Chiba on, Dec/30/2009

Philly.com: Harrah’s Exec Seeks to Revitalize Atlantic City

By Suzette Parmley

Inquirer Staff Writer

Submitted by Guest on, Dec/30/2009

The Best of 2009: Most Popular Poker, Online Gambling Stories

You may see a few of these "Best of 2009 Poker and Online Gambling Stories" elsewhere, but Gambling911.com has the real heavy hitters, those stories that scored huge traffic wins.  Yes,

Submitted by C Costigan on, Dec/28/2009

More Information on CNBC’s Upcoming Gambling Program

Mark your calendars Gambling911.com readers.  Next Wednesday December 16, 2009 CNBC will present its original program "CNBC Investigates:  The Big Business of Illegal Gambling".  Until

Submitted by Jagajeet Chiba on, Dec/10/2009

PIC Club Poker Posts 9.1 Percent Dividend for Users

The online poker payment platform, PIC Club, has posted a 9.1 percent dividend for users, according to CEO Chuck Kidd.

Submitted by C Costigan on, Dec/05/2009

Does a Twitter a Day Mean Apple Will Pay?

With the Holiday Season upon us, speculation regarding tech gift sales are at an all time high. With that in mind, the odds specialists at the largest most successful sportsbook on the web, BetUS.com posted odds on what is in store for Apple in 2010 including angles on a potential Twitter buy-out, Steve Jobs' role and much more.

"We always see a lot of action on holiday sales around this time of year," stated BetUS.com spokesman Reed Richards. "And interestingly enough, the trend has been that people like to bet on Apple.

Submitted by Guest on, Dec/01/2009

Las Vegas Sands Eyes Japan, Thailand

HONG KONG (TheStreet.com) -- Las Vegas Sands(LVS Quote) is eyeing further expansion

Submitted by Guest on, Nov/30/2009

Youbet Churchill Downs Deal May Not Go Through

At least five different shareholders of the horse racing website YouBet.com Inc. have expressed disillusion over a proposed merger with Churchill Downs, Inc.

Charles Proctor of the Los Angeles Business Journal reports that these individuals have filed lawsuits in Los Angeles Superior Court alleging that Churchill Downs is underpaying for the Burbank-based company.

Submitted by Jagajeet Chiba on, Nov/30/2009

Banks Wanted Delay in Online Gambling UIGEA Reqs Too

It wasn't just the online gambling sector and ally Congressman Barney Frank who wanted a delay to implementation of Web gambling prohibition.  The banks made a similar request.

Submitted by C Costigan on, Nov/29/2009

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