Total operating cost for the business, which includes Casino-on-Net, Pacific Poker, 888ladies, and 888 Sport on its roster, is $246.7 million which is down by more than $20 million compared to 2008 figures. The decline has been driven by the harsh economic climate and the effects of foreign currency. Although profits are down the expectations [...]
Jagajeet Chiba to Attend iGaming Super Show
On March - 16 - 2010
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Gambling911.com can reveal that its beat reporter Jagajeet Chiba will be attending the must ballyhooed iGaming Super Show May 25 – 28 in Prague, Czech Republic, along with his lovely wife, Sadhvi. The iGaming Super Show is a completely new concept and is set to attract over 2,000 delegates, making it the biggest event [...]
Online Gambling: KY Supreme Court Questions...
On March - 16 - 2010
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The Kentucky supreme court today issued a ruling that it will not lift the freeze by registrars of 141 Internet gambling domain names unless an owner of the names comes forward. While not a final ruling by the Court, the decision is being viewed as a temporary setback by the affected parties. "In the written [...]
Tournament: 2010 Aruba Poker Classic cancelled
On March - 11 - 2010
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Paul Leggett, the chief executive officer of the online poker company Tokwiro Enterprises, announced that his company was canceling their plans for this year’s event on the island of Aruba. The popular poker site Ultimate Bet, purchased by Tokwiro in 2008, had been sponsoring the tournament since 2002. In a press release, Leggett stated that [...]
Joshua Clottey vs. Manny Pacquiao Betting Preview
On March - 11 - 2010
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This Joshua Clottey vs. Manny Paquiao betting preview is courtesy of SBG Global – always offering the most free cash bonuses when opening a new account. In business since 1999. Manny Pacquiao may prefer to be fighting Floyd Mayweather Jr. but he will have to make due going against Joshua Clottey on Saturday. Pacquiao defends [...]
Blotter: Robbers raid German poker tournament
On March - 6 - 2010
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A gang of four robbers disguised in black motorcycle masks robbed the Grand Hyatt Berlin hotel in a daring daylight robbery during the European Poker Tour poker tournament. The robbers pointed handguns and long knives at a cashier, escaping through a crowded shopping mall with over €100,000 (US$136,000). A hotel security guard was hurt as [...]
Spain favored to win World Cup at betED.com
On March - 6 - 2010
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The World Cup – the equivalent of the Super Bowl and March Madness rolled into one for soccer fans – takes place in June and betED.com has a wide range of betting options, including outright winner, group winners and team matchups. Spain, which has never won the title, is the favorite when the FIFA [...]
Alabama Governor Cracks Down on Bingo Machines
On March - 1 - 2010
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MONTGOMERY, Ala. – (Associated Press) – The governor of this Bible Belt state is waging a one-man crusade against gambling – and stirring racial tensions in the process – by sending state troopers on late-night raids to shut down electronic bingo parlors. Republican Bob Riley, a lifelong opponent of gambling, contends the electronic devices are [...]
Pinnacle Entertainment Stock Continues To Rise On...
On March - 1 - 2010
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Pinnacle Entertainment Pinnacle Entertainment has had one of the best starts to their stock week in recent months, and on Wednesday the rise continued. Pinnacle closed the day up 3.88%, or $.31, ending at $8.29.On Tuesday, Pinnacle won a round in court against the Missouri Gaming Commission regarding the President Casino in St. Louis. The [...]
Melco Crown Entertainment Stock Finishes Week On...
On February - 24 - 2010
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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 [...]