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15 Jul 09 Greektown Casino Jumps In Revenue Greektown Casino in Detroit saw June revenue jump 24.2 percent compared with the same month last year. This news coincides with other Detroit casinos recording significant revenue drops. Greektown continues with an aggressive marketing approach to attract visitors and ensure that they have a good time.
14 Jul 09 Positive Slots Report The city of Vancouver has released a statement that 450 slot machines that were added to Hastings Park in the last year has led to no increase in crime in the neighbourhood.
13 Jul 09 Macau Set To Build Again Chief Executive Officer Sheldon Adelson has signalled that the Las Vegas Sands Corporation will be looking to raise new capital to restart construction of several casinos on Macau’s Cotai Strip.
13 Jul 09 Tropicana Finds New Owners The Tropicana Casino and resort in Atlantic City’s bankruptcy sale has been approved to a group of creditors led by Carl Icahn. Members of that group include Black Diamond Capital Management and Schultze Asset Management.
13 Jul 09 Czech Republic Gambling Heading Online Gambling continues to grow as a national pastime everywhere. With online gambling allowing gamblers to access their favourite game from the comfort of their own home 24 hours a day.
12 Jul 09 Poker Heads To The iPhone 3G S With online poker a permanent fixture on the desktops of many poker players, we now have poker apps flooding towards the new iPhone 3G S.
11 Jul 09 CryptoLogic Extends Licensing With Marvel Entertainment CryptoLogic Ltd a provider of Internet casino and branded gaming software has signed an agreement with Marvel Entertainment Inc, extending its exclusive licensing agreement. The agreement is structured where CryptoLogic retains its rights as the exclusive worldwide developer of Internet casino games based on Marvel’s characters as they appear in the comic books through 2013. This is the third extension of the agreement between CryptoLogic and Marvel which has provided some of the company’s most popular and profitable games.
11 Jul 09 United States Federal Government Freezes $30 Million Online Poker Funds The U.S. Attorney for the Southern District of New York, has frozen at least 24,000 online poker player accounts adding up to $30 million. The seizure of funds is a result of the violations of the Wire Act of 1961 and the Illegal Gambling Business Act and not the Unlawful Internet Gambling Enforcement Act. The funds of the poker players were held in the online payment processor Allied Systems, with Alliance Bank of Arizona seizing all the funds.
30 Jun 09 Paddy Power Acquires Sportsbet The largest bookmaker in Ireland, Paddy Power has announced the completion of its majority purchase of shares in Australian bookmaker Sportsbet Pty. The deal started in May and now results in Paddy Power owning 51 percent of the shares in the online bookmaker.
30 Jun 09 Titan Launches New Loyalty Program Titan Poker will soon be relaunching a brand new VIP program set to provide players with the most generous benefits in online poker. It’s new VIP program is set to provide a different status based on the previous month’s play.
30 Jun 09 Easy Money for Jerry Jerry Buss, owner of the NBA 2009 Champions took to the field of the WSOP H.O.R.S.E $50,000 World Championship last Friday. After netting the NBA championship, the 75 year old took a break from managing his franchise to tossing in some chips of what has to be a very large bankroll.
30 Jun 09 Riviera Holdings Delisted Riviera holdings have been delisted from the New York Stock Exchange, with no more common shares to be traded. This signals a continual trend of casinos struggling to maintain cash flow and compliance with the ongoing recession.
30 Jun 09 Delay in UIGEA Bill Online Casinos in the US must now wait longer for a decision to be made on amending the UIGEA. The economic crisis that is currently shaking the world and the US is now the top priority for congress, with Barney Frank having to focus his attentions on this issue.
30 Jun 09 WSOP Stars NOT on TV ESPN and Harrah’s entertainment’s decision to not shoot the $50,000 H.O.R.S.E World Championship on Saturday night is the main reasoning behind the lack of entries in the prestigious event.