As reported by the UK Evening Telegraph: “Millionaire businessman RinaldoFasulo showed his hand today – and revealed he is willing to stake £50million on opening a glitzy casino. “Laying his cards on the table, Rinaldo,the former nightclub owner said he was hoping the city council would back alocal man getting the gambling licence. “Mr Fasulo, […]
Cinderella has left the ball, Reggie Bush has all but been drafted by the Texans and all the fans have gone home, but Sportsbook.com odds makers are ready for the madness to begin again! The world’s largest online sportsbook and casino has posted early odds on who will win the 2007 NCAA basketball tournament and […]
As reported by the Prague Daily Monitor: “People spent a record CZK 50 billion on gambling machines last year, a growth of 4.5 percent year-on-year, and the number of the machines increased by 2,438 to a record 52,185, Finance Ministry spokeswoman Petra Krainova informed CTK in a press release today. “Gambling machine operators paid CZK […]
Ten Pennsylvania Lottery players who entered the Hold ‘Em Poker instant game’s second-chance drawing were randomly selected to receive a trip to a U.S. World Series of Poker Tournament, or its $20,000 cash value. The 10 contestants, out of 150,000 contest entries, will each receive a seat at a World Series of Poker tournament event […]
Mel Molnick is an unlikely adversary of the Internet gambling industry. He is not a foe of gambling. But the retired contractor has spent the last several years suing dozens of online casinos. Molnick, 63, claims to own a method patent that governs live, electronic betting from a remote location. In other words, the process […]
Las Vegas-based Boyd Gaming Corp. has bought a four-story, 110,000-square-foot office building at Rainbow Sunset Pavilion, a 25-acre retail and office park on Rainbow Boulevard, one-half mile north of the Las Vegas Beltway. The price of the building was not disclosed. However, a recent report from Marcus & Millichap showed office space selling at more […]
Station Casinos announced Tuesday it had repurchased $232 million of its common stock as part of an accelerated share buyback program that the company initiated in February. The announcement came a week before Station opens Red Rock Resort, its most ambitious resort project to date. In all, Station said it expects to buy back more […]
As reported by the Reno Gazette-Journal: “Reno casinos reported $61.3 million in gambling revenue in February, nearly a 10 percent rise from February 2005. Despite the strong gain, the Las Vegas Strip has at least 24 casinos that each do a minimum $10 million more business than all the large casinos in Reno combined, according […]
The future of online gaming is now upon us with the launch of UGX1.com (Under Ground X-Change). The website is a breath of fresh air for the gambling public interested in skilled wagering for popular online home console video game tournaments. With the release of online video games, gamers have logged hundreds of thousands of […]
As reported by the China Standard: “Galaxy Entertainment Group, a casino operator in Macau, said profit surged 43 times last year, but its shares slumped as earnings were well below analysts’ forecasts and the company did not propose to pay any dividend. “Galaxy said net profit was HK$2.4 billion in 2005, compared to HK$55.9 million […]
As reported by the China Standard: “On the heels of a HK$6.98 billion deal to become a casino operator, Melco International Development announced it will also jump into the casino equipment business. “Hong Kong-listed Melco signed a 20-year agreement Tuesday with US gaming machine maker Shuffle Master under which Melco will take over distribution of […]
As other casino operators announce plans to redevelop their older properties, New Frontier owner Phil Ruffin hasn’t had a lot to say about his long-awaited plans for his aging Strip hotel. Ruffin says he’s not sitting on his hands. The name of his planned megaresort will be Montreux, after the Swiss resort with a famous […]
Having the most tournament experience at the final table of the April 9th Foxwoods Poker Classic No Limit Hold’Em Championship gave 38-year old Victor Ramdin enough of an edge to grab the title and $1.3 million prize. Ramdin had two top-25 finishes in 2005, placing 24th at the Bellagio World Poker Tour (WPT) World Poker […]
As reported by Xinhua: “Chinese police will join sports authorities in a nationwide fight against soccer gambling which has beleaguered the country’s professional league. “In a recent joint circular issued by the Ministry of Public Security and State General Administration of Sport, local police and sports officials are ordered to clamp down on various sports […]