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las vegas Casinos show 22nd month of lower revenues
12/10/09 - The Nevada Gaming Control Board has released October numbers that show new lowpoints in revenues staewide, which declined to $800.3 million - the lowest monthly record in almost six years, and an overall decline of 11.6 percent when compared with the same period in 2008.
The disappointing performance of the gambling industry, which accounts for about two-thirds of state tax revenues, is the 22nd consecutive month of decline.
On the Strip, gaming revenues were $426.3 million, a 10.3 percent decline compared with October last year. All but two areas of Clark County reported double-digit gaming declines; the Boulder Strip was down 6.3 percent while North Las Vegas casinos were up 3.3 percent.
Tax collections based on the gaming revenues generated in October was $49.3 million, a decline of 12.7 percent. For the fiscal year that began July 1, 2009 total collections are about $50 million short of projections used to set the state budget this year.
B3W's white label poker growing -
02/03/2012 : Online poker software developer B3W's venture into the white label poker market with an all-inclusive product has paid dividends, according to the company, which this week reported that in six months four fully integrated poker rooms had been signed up for its Poker Pack Network.
Betfair public affairs manager speaks out for regulated online gambling -
02/03/2012 : Tom Tuxworth, public affairs manager for the listed British online betting group Betfair, told a South African parliamentary portfolio committee studying the possible legalisation of online gambling that prohibition only drives would-be internet punters to offshore and unregulated websites.
Suzan Smith, problem gambler blows 400k of bosses money -
02/03/2012 : A compulsive online gambler who stole almost GBP 400 000 from her employer was sent to jail in Norfolk, UK this week after a judge criticised her for stealing not only the money but a part of a decent man's life.
NEW IPAD APP FROM BETFAIR -
02/03/2012 : Betfair plc launched its next generation iPad App into the Apple store Friday, announcing that the bespoke native application is a marked enhancement from previous products and is the first to come out of Betfair’s development office in San Francisco
Boxing behind Betfair's latest sponsorship -
02/03/2012 : Betfair is the newest title sponsor of the Matchroom Sport Prizefighter series in a partnership deal that will deliver the online betting exchange branding rights across the ring and provide its customers with expert analysis and in-depth fighter interviews.
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