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Melco Crown Entertainment For the most part it was an uneventful week for gaming stocks on the US market, but a couple of companies finished the week strongly. Melco Crown Entertainment and Century Casinos both ended on high notes going into the weekend.Melco Crown stock has developed a reputation of going against the trend for [...]
Full year 2009 results from the Rank Group showed small improvements, although the online gambling division was one of those that under performed last year. Nevertheless, investors will be pleased to hear that a small dividend is in prospect after some tough times with the UK gambling group. 2009 revenues totalled £540 million, up 3.4% [...]
Loto-Quebec has strongly defended its intention to join other Canadian provinces in entering the online gambling sector following complaints from public health authorities that such a move would lead to an increase in problem gamblers. Regional public health officials had earlier claimed that research elsewhere indicated that there could be problems, and called for a [...]
The Merge Poker Network just received a serious injection to help in its aggressive growth plans. Sportsbook.com, a long time sponsor of the Gambling911.com website, will switch from the Cake Network to Merge, as will all its affiliated brands including Players Only. Liquidity will grow four-fold as a result of the deal, Merge CEO Anthony [...]
Gambling911.com readers might recall we had one online poker operator recently threaten a lawsuit against us after we criticized his company’s new policies regarding its showing certain "winning" players the door. Others, like Aced.com, elect to ignore complaints against them or have some lackey respond offering up lame excuses. With that said it is truly [...]
According to the Forbes magazine sportsmoney blog, online gambling group Bwin's shirt sponsorship of the top Italian Serie-A football team AC Milan has been relinquished and re-issued to the Arabian airline Emirates. The blog informs that reports from Italy disclose that AC Milan has agreed a four-year €50 million ($70 million) shirt sponsorship with Emirates, [...]
Considering he opened as a near even underdog, Shane Mosley has lost tremendous value in recent weeks in his upcoming bout with Floyd Mayweather, Jr. Mosley would pay out $260 for every $100 bet at SBG Global. Mayweather, Jr. is a big -350 favorite. "This is not going to be personal for me, this is [...]
Don’t tell the online bookmakers there won’t be a Floyd Mayweather, Jr. vs. Manny Pacquiao showdown before the year is over. Mayweather – Pacquiao fight odds were still being offered by the folks at Sportsbetting.com with Mayweather as the -130 favorite and Pacquiao paying even odds. The one stipulation is that the fight must take [...]
Jeff Madsen has won the 2010 Borgata Winter Poker Open and the well over half a million prize. 35-year old Madsen comes to us via Las Vegas. He owns 2 World Series of Poker bracelets and has won $2.5 million in live poker tournaments to date. From Poker News: Friday was finally final table day [...]
Monarch Casino & Resort After two sub par days on the stock market, US-based gaming stocks finally rallied to close out the week. Monarch Casino & Resort led the way with an increase of 4.61% and a closing price of $6.81.Monarch had their stock price up over $7 a share on Wednesday, but by the [...]