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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. read more
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Dow Hits Lowest Point on Year
The Dow and S&P 500 hit its lowest mark for 2011 on Wednesday. read more
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FORFEITURE COMPLAINT FILED AGAINST ACCOUNTS MAINTAINED BY E-GOLD
Baltimore, Maryland - A civil forfeiture complaint was filed today for the forfeiture of the value of all e-metal accounts recorded and maintained by e-gold, Ltd (EGL ), a company that was engaged in...
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Absolute Poker Money Return Agreement with U.S. Department of Justice
The United States District Attorney's office has entered into an agreement with Absolute Poker/Ulimate Bet to return funds to poker players. read more
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Spencer Bachus: 60 Minutes Segment a Hit Job
Alabama Republican Congressman and strong advocate for online gambling prohibition, Spencer Bachus, denied he engaged in any form of “insider trading”. read more
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Borgata to Pay Out $1,721,805 to Affected Players in Chip Scandal
The Borgata Casino will pay out $1,721,805 to those affected by a scandal earlier in the year in which fake chips were detected during the Borgata Winter Open. read more
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Can Casinos Save Detroit?
Detroit's shaky foundation of recovery may be backed by placing bets behind its local casinos. read more
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How Regulated Gambling Can Boost the Economy
In recent years, there has been a lot of focus on the potential impacts of a legalised worldwide gambling market. read more
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‘Barefoot’ Exec at New York Investment Firm Pleads Guilty to Inside Trading
Michael Lucarelli, who was mocked on Comedy Central’s The Daily Show after running away barefoot from photographers last month, has plead guilty to one count of securities fraud for inside trading....
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Bitcoin Set to Revolutionize Online Gambling
The average price of Bitcoin has settled in between $400 and $500 without the extreme upswings and downswings we witnessed earlier in the year, suggesting stabilization of the anonymous online...
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Early FanDuel Investor: ‘Fantasy Sports is Finally Mainstream, Massive’
Paul Martino is Managing Director of Palo Alto-based venture capital firm Bullpen Capital and, these days, he is most excited about his early investment in FanDuel.com, read more
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The End of PokerStars, Full Tilt Poker as We Know It?
News this week that Full Tilt Poker has opted not to renew the contracts of big name pros Gus Hansen and Viktor Blum may provide a glimpse of the future for FTP and its sister site PokerStars.com....
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Atlantic City Showboat Casino Sold, Will be Turned Into College Campus
Atlantic City’s famed and now shuttered Showboat Casino has been sold to Stockton College, which plans to convert the property into a satellite campus. read more
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Reaction to Adam Silver Sports Betting Stance is Mixed
Gambling911.com has been bringing its readers extensive coverage of NBA Commissioner Adam Silver’s about-face on legalized sports betting. The reaction has been a mixed bag as one might expect. read...
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Caesars Looming Bankruptcy: Can’t Make Debt Payments
Caesars Entertainment Corp confirmed in a regulatory filing that it is contemplating bankruptcy as it will be unable to repay debts by the fourth quarter of 2015 without restructuring. read more
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California Tribe Begins Offering Online Gambling in New Jersey
California's Pala Indians became the first tribe to offer Internet gambling in New Jersey on Wednesday. read more
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Canada Foreign Online Gambling Licenses Could Be Coming Soon
There's an interesting debate going on right now in Canada where provinces are deciding whether to license foreign online gambling operators. read more
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Pay Per Head Solutions for Bookies, Agents
PayPerHeadAgents.com is a wholesale reseller of per head solutions that will satisfy all of an agent and bookie’s customers gambling needs. read more
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MGM Shares Plummet: Morgan Stanley Says ‘Worst is Over’ for Macau Gaming
Casino stocks were not immune to Monday’s steep drop across all markets. MGM Resorts reported a decline of 1.6% to $20.68 in trading due primarily to disappointing gambling results in Macau last...
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Bitcoin-Only Online Poker Room Seals With Clubs Closes After ‘Sledgehammer’ Raid
The largest of the Bitcoin-only online poker rooms, Seals With Clubs, has unceremoniously closed its doors following a raid of CEO Bryan Micon’s Nevada home. read more
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Ladbrokes Posts 9 Percent Fall in Profits
Ladbrokes said it intended to maintain its dividend in 2015, defying some analysts' expectations of a cut to help fund marketing costs, as it posted a 9 percent fall in annual profit. read more
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StockBattle.com Fantasy Trading Site Shuts Its Doors After SEC Threat
StockBattle.com, a fantasy trading site based on the daily fantasy sports contest business model, has been forced to shut down following a warning by the Securities and Exchange Commission.read more
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Yahoo Shares Fall 1.17 Percent on News of New York AG Subpoena
News of a subpoena issued by the New York Attorney General Wednesday as part of a probe into the Daily Fantasy Sports sector has resulted in a drop in its share price of 1.17 percent to $32.47 in...
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The doors of the former Revel Casino of Atlantic City will reopen!
novid That is some surprising news. The most expensive hotel-casino of Atlantic City, that cost $2.4 billions to build, is going to reopen some of its parts. Shut down in September 2014, the former...
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Cole Hamels DFS Outlook – April 9: Solid Versus Angels
Not Featured novid Cole Hamels DFS outlook for this coming Saturday April 9 versus the LA Angels is good as he has pitched well against the opposing top batters.Cole Hamels DFS outlook for this coming...
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