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Online Poker News - Casino News - Gambling News - Gambling Industry News
The following gambling news is updated multiple times per day. We try to keep you updated on the latest gambling news, including poker news, casino news, brick and mortar news, sports gambling news and industry news. If you have an event or are a company with a press release submit it to us for publication. Contact us at email.
Unibet Profits Up -
The publicly listed online gambling group Unibet plc has posted its latest Q4 and full year 2010 financial results, showcasing a profit after tax for the fourth quarter up at GBP 10 million
ANOTHER STRATEGIC ACQUISITION FOR ZYNGA -
Social gaming company, Zynga, has acquired an Austin, Texas-based team of staff from MarketZero, a company known for online portals, software programmes, social poker databases and the creators of PokerTableRatings
Chilipoker, a member of the iPoker Network, has launched ChiliConnect, an add-on linked to the websites' software that allows players to share results and play with or against friends.
WHAT CONSTITUTES A REASONABLE LEVEL OF ONLINE GAMBLING TAX ? -
The respected online gambling consultancy H2 Gambling Capital has concluded a survey of three separate European regulatory regimes in a bid to assess a level of taxation that will attract operators but at the same time deliver reasonable taxation value to the nations concerned.
Atlantic City fifth-straight year of a revenue decline -
Now in its fifth-straight year of a revenue decline brought on by the explosion of casino gambling in neighbouring states and exacerbated by the poor national economy, Atlantic City's 11 land casinos reported gross operating profit that fell by nearly 28 percent last year.
World Poker Tour $100,000 Buy In Event -
Party Poker has been extensively overhauling the World Poker Tour since taking it over late 2009, introducing bigger and better events and slick organisation, but the latest announcement sets a new benchmark in the companyís tournament history - a $100 000 buy-in event.
COSTA RICA RETHINKS ONLINE GAMBLING TA -
Costa Rica's serious crime problems - and reducing these with increased enforcement action funded by a new gambling operator tax - was a major pillar in the election platform of presidential candidate Laura Chinchilla last year.
ITALIAN TAXMAN EYES ONLINE POKER PRO'S -
Details of winnings, sponsorships, income from image rights including royalties and transfers of funds from abroad have been requested by the taxman in a communication to poker players.
MORE LICENSES IN CCALIFORNIA POKER PROPOSA -
Senator Louis Correa's bill SB 40 in California, proposing the legalisation of intrastate online poker, could gain further support following recent amendments that increase the number of licenses achievable from one to five.
Betbull group ends year to end 2010 in positive mood -
With net gaming revenues up 14.1 percent to Euro14.6 million, and EBITDA positive at Euro 5.3 million, the Austrian listed betting company Betbull can mark 2010 down as a reasonable year in which it shook off significant historic losses .
FOSTER REPORT ON UNCLAIMED WINNINGS SUBMITTED -
The UK government has announced the completion of an enquiry by MP Don Foster into possibly millions of pounds sterling lying dormant in betting accounts and unclaimed winnings, the result of which was delivered this week to John Penrose, Minister for Tourism and Heritage.
WHAT'S HAPPENING WITH THE TOTE? -
The online betting group Betfair is said to be interested in buying the non-shop side of the business from whoever buys the Tote, which has once again been put up for sale to help plug the UKís budget deficit.
NEW DRAGONFISH ONLINE BINGO SITE -
The week is off to a good start for the Mandalay Media group, which launches its latest Dragonbfish/888-powered free internet bingo website Monday.
Hope For Iowa Poker Bill Fading -
Already just squeaking past tight legislative deadlines, the bill is bedevilled by opposition from poorly briefed politicians, and has now been referred to the Iowa Racing and Gaming Commission for a full report.
Major Gambling Raids in Cyprus -
Teams made up of policemen from anti-vice, drug and rapid reaction squads raided three premises in Larnaca, Cyprus at the end of the week, rousting online gambling operators into the early hours of the morning. The raids followed undercover investigations and a sting operation.
RUSSIAN GAMBLING LAWS TO BE TIGHTENED -
Stung by reports that senior police officers and prosecutors have been protecting massive illegal gambling activity, the Russian president, Dmitry Medvedev, has made proposals to tighten the country's already draconian anti-gambling laws.
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