Archive for October, 2006

Canadian lottery sellers suspiciously lucky: CBC (Reuters)

Wednesday, October 25th, 2006

Reuters - Lottery retailers in the Canadian
province of Ontario have claimed around 200 big prizes over the
past seven years, a number so high that it defies the odds, the
Canadian Broadcasting Corp. said on Wednesday.

Harrah’s Casino Deal Getting Extra Scrutiny

Wednesday, October 25th, 2006

A shareholder lawsuit, a report of possible insider trading and the coincidental expiration of a Harrah’s poison pill; what’s the real story?

Sportingbet exits U.S. by selling out for $1 (Reuters)

Wednesday, October 25th, 2006

Reuters - Britain's Sportingbet Plc has pulled out
of the United States ahead of a ban on Internet gambling by
selling its U.S. operations to private investors for $1.

Nebraska with Legal Online Keno

Tuesday, October 24th, 2006

The conservative Midwestern state of Nebraska — birthplace of famed American comedian Johnny Carson — is poised to legalize “Video Keno.”

Gambling Revenues Soaring in Macau

Tuesday, October 24th, 2006

Taxes collected from the city’s six licensed operators rose to $1.77 billion during the first three quarters of the year, up from about $1 billion last year, according to statistics released on the Financial Services Bureau of Macau.

Stanley Ho Loses Macau Stranglehold

Friday, October 20th, 2006

Not everyone is happy with the exploding Macau gaming market. While Macau is poised to become even bigger of a gambling haven than Las Vegas, one tycoon is being left out in the cold.

Odds on all 33 U.S. Senate Seats

Friday, October 20th, 2006

\”Political betting is not only incredibly popular, but is also being seen by more and more observers as a new and highly accurate means of polling” said Calvin Ayre, founder and CEO of Bodog.com.

Aztar in Swansong Earnings Call

Friday, October 20th, 2006

Aztar announced it’s shareholders have officially approved the May 19, 2006 Agreement and Plan of Merger with Wimar Tahoe Corporation d/b/a Columbia Entertainment, the gaming affiliate of Columbia Sussex Corporation.

Gambling Legalization in Ohio

Thursday, October 19th, 2006

Called “Issue 3,” because it is the third voter initiative on the ballot, the new law allows slot machines at the state’s race tracks and at casinos in Cleveland.

Online Gambling Goes Underground (BusinessWeek Online)

Thursday, October 19th, 2006

BusinessWeek Online - It was getting late on Oct. 12, the night before a sweeping anti-Internet gambling bill would be signed into law. Paul McGuire was at his computer, enjoying one last hurrah on PartyPoker, a site that had pledged to kick off all U.S. users as soon as the law left President Bush's desk. “It was kind of like that last party before summer ends when you've got to go back to school,” says McGuire, a 34-year-old New Yorker and author of the popular “Tao of Poker” blog. “They were playing loose because it was the last night.” Maybe for some.