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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.

New Entertainment upgrades Stock - Nasdaq OMX Stockholm moves Net Entertainment from the small cap list to mid cap. The change is effective January 4, 2010.

Mike Kosowski Wins Pokerstars Million Dollar Challenge - Kosowski's victory will be screened on Fox network television at 5pm on the 27th December, providing some great holiday entertainment.

Gambling: Korean punter loses $2 million case against PAGCORP - The case involved a Korean high roller who claimed the right to redeem $2.1 million in chips he had accumulated after four trips to a Philippine land casino in Manila on junkets run by the Philippines casino gambling monopoly PAGCORP and its partner ABS Corporation.

Gala Coral Updates - Gala Coral is at the centre of several attempts by British private equity companies and lenders to gain control and enable the company to clear some of its GBP 2.6 billion debt burden

New Mfuse iPhone application offers a complete betting service - The online division of the Ladbrokes betting group has expanded on earlier reports that it has taken on board the mobile Mfuse iPhone sportsbetting technology.

Doris Stroud Renegar Steals To Pay gambling debts - Court documents indicate Renegar stole customers identities to secure loans, and debited customers accounts. She is also accused of taking $112 000 from her parents' certificates of deposit.

Korean Black Market Horseracing Growing - Horse gamblers flee bet cap to Web-facilitated black market, The agency told news publication JoongAng Daily that it estimated black market revenues at between 9.3 trillion won to 30.5 trillion won last year

NBA rethinking Sportsbetting - The US national sports leagues have long opposed Internet gambling, but a recent Sports Illustrated interview with NBA Commissioner David Stern gave the perception that attitudes may be softening.

Results of three UK gambling Surveys - The UK Gambling Commission plans to get he new year off to a flying start with some fresh numbers, promising to publish data from three omnibus surveys early in 2010 in addition to its quarterly data on remote gambling participation.

Paradise bet License Suspended - Investigation ongoing into the affairs of land and online bookie. The suspension is whilst a review under section 116 of the Gambling Act 2005 takes place as part of an ongoing Commission investigation.

Gambling Affiliates: 2010 schedule of Clarion Gaming conferences: - The large number of conference and expo events available to the online gambling industry is underlined this week by a statement from Clarion Gaming outlining its plans for 2010.

Partygaming predicts a good year - Revenue in-line with the Board’s expectations, and EBITDA expected to be slightly better than anticipated.

World Series Of Poker 2010 - Harrah's Entertainment has whetted player and industry appetites as the year ends by publishing the schedule for next year's World Series of Poker, listing 57 events that include six $1 000 Hold’em competitions and a new $50 000 Player’s Championship.

Poker: Isildur1 Pissed Over hand History Sharing - The reports are based on posts allegedly made by Hastings on his blog that appear to make the startling admission that he shared extensive hand histories with other Team Cardrunners members - including Isildur1's other two big beneficiaries Townsend and South - in order to analyse and master Isildur1's betting patterns.

PartyPoker New $25/$50 PLO Tables - Party Poker spokesmen this week described the launch of new $25/$50 PLO tables on the website as a significant much so that virtual queues have formed and the company is busy providing more tables.

Magnus Oldby new Bodog Europe Manager - Unibet's experienced head of online marketing, Magnus Oldby, is to leave the group for pastures greener - specifically Bodog Europe - commencing duties as marketing manager in March 2010.

Igaming 360 - Just in case the industry is not yet conferenced-out, Clarion Gaming is planning a new event to run next summer titled iGaming 360.

Sportingbet's Q1 Solid Results - Chairman confident of achieving a satisfactory result for the current financial year

Gambling: ECJ advocate general backs state monopoly concept - Although the Dutch will undoubtedly regard the opinion as a victory in the case, further legal argument has still to be heard, with a judgement expected next year.

Gaming, Racing & Wagering Australia - The Draft Report on Gambling has been released by the Productivity Commission and final recommendations are due to be presented to the Australian federal government in February 2010.

Gaming Vc 30% Rev increase - Despite the tough business environment, the European-facing online gambling group Gaming VC Holdings SA appears to be holding its own in a trading update issued midway through the final month of its trading year.

Gambling Affiliates: Ecogra GrandPrive investigation - Emails to affiliates on its defunct Grand Prive Affiliate Program were sent out by the Grand Prive group this week in addition to an earlier press release from the group alerting former affiliates to claiming possibilities

Belgian lotto Now Online - New Gaming Act leads to Belgian Lottery Internet trial. The trials consist of a six-week test phase amongst 3 000 players, and if successful this will be followed by the full launch on 18 January 2010.

Facebook Gets Tough On Gambling - The world's largest social networking site will enforce bans on certain products

London Christmas Snowing Odds Slashed - The early snowfall saw most bookies slash the odds on a white Christmas, and one bookmaker even agreed an early payout for punters who put money on a Yuletide whiteout, AFP reported.

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