By Jeff Bailey -
As Hurricane Katrina blew a destructive path through Biloxi, Miss., on Monday, the Grand Casino Biloxi, owned by Harrah's Entertainment, came unmoored and washed across U.S. 90. The giant casino, with its 134,200 square feet of gambling space, is probably a total loss, the company said.
"It will have to be cut into pieces and moved out of there," Gary W. Loveman, Harrah's chief executive, told CNBC.
Los Angeles, CA (PRWEB) August 30, 2005 -- Playing poker online just doesn't have the same feel. You can't click those chips on the green felt. But that's about to change. An innovative pair of entrepreneurs are bringing to market PokerPadz™, the first green felt, poker table-shaped mouse pad. Made just large enough to hold a couple of stacks of chips, it lets online players recreate the feel of playing live action while clicking their mouse and their chips. It’s a "must-have" for online poker players.
By William Raspberry -
"Come on, George. Let's leave this casino and go to bed. It's obviously not your night."
"Not now, honey. I think my strategy is starting to work. I haven't nailed the big one yet, but I've hit a few cherries, and that says to me the machine is starting to understand that I'm not going anywhere. You just wait -- my system is going to pay off."
"George, tell me you're not still listening to those friends of yours who sold you on this silly system. Most of them have never even been near a casino, let alone won any money in one. How can you fall for their crazy ideas?"
The United States has until April 2006 to comply with a ruling about US restrictions on cross-border gaming on the Internet, the World Trade Organisation announced.
In an arbitration decision, the global trade referee set the "reasonable period of time" for Washington to adapt its legislation in line with the ruling, which was issued in April this year after the tiny Caribbean state of Antigua and Barbuda brought the US before the 148-nation WTO.
By David Kushner -
In the booming world of online poker, anyone can win. Especially with an autoplaying robot ace in the hole. Are you in, human?
It's late one Wednesday afternoon, and CptPokr is logged on to PartyPoker.com and ready to play. Onscreen, the captain exudes a certain brash charisma - broad shoulders, immaculate brown hair, restless animatronic eyes. He looks like he should be playing synth in Kraftwerk. Instead, he is seated at a virtual table with nine other avatars, wagering on limit Texas hold 'em.
Poker firm PartyGaming's recent stock market launch gave investors a taste for gambling - and rivals seem to be queuing up to cash in on its success.
PartyGaming is now bigger than retailer Marks & Spencer in terms of market value after starring just two months ago in London's biggest flotation since the dotcom boom.
After seeing its market value rise from around £5 billion to £6.7 billion, the stock is also on a par with B&Q owner Kingfisher and airports operator BAA, and looks set to enter the FTSE 100 Index of leading shares next month.
Net startup to offer card sharks own-as-you-play incentive
By William Spain -
CHICAGO (MarketWatch) -- In the increasingly crowded world of Internet gambling, a new poker site is trying woo players by offering them stakes not just in their cards but in the company itself.
PokerShare.com, which opens for business this week, promises to give its gamblers ownership positions that pay quarterly dividends and conventional shares if a public offering takes place.
By Lilly Vitorovich -
LONDON (Dow Jones)--Online gaming is much more than just a passing fad as time-poor punters surf the internet on the hope of making a quick buck.
Despite online gaming companies trading at very high price-to-earnings ratios, more commonly reserved for blue chips with an excellent track record, talk of a bubble and comparisons to the ill-fated technology sector are unfair, say analysts.
GENEVA (Reuters) - A World Trade Organization arbiter on Friday gave the United States until April 3 to comply with a ruling that a ban on Internet gambling services offered by Antigua violates the body's rules.
U.S. officials had sought a July deadline.
United States Trade Representative's Office press secretary Neena Moorjani said on Friday the USTR would examine the ruling and do its best to accede to the timeframe.
By Munir Kotadia -
Search engines with Australian domains, including Google, are being investigated by authorities for possible breach of interactive gambling laws.
Australia's Interactive Gambling Act 2001 prohibits advertising of gambling services on Web sites where "it is likely that the majority of that site’s users are physically present in Australia". Banned services include online casino-style gaming services such as roulette, poker, craps, online poker machines and blackjack.
Despite a steady decline in gambling in recent years, ORC’s annual GamblerTrack study reveals that 60% of the UK population still participates in gambling. Online gambling is on the rise, increasing by 46% last year, while traditional methods are declining.
Online gambling remains a relatively small sector, but it is now a competitive business and deregulation is likely to encourage even faster growth. Traditional betting – via telephone, in shops, casinos and on-course – saw a sharp decline in 2004, continuing the trend of the last few years. Since 1996, the number of adult gamblers has decreased from 37.5 million to 28 million.
$8 Million Guaranteed Over 2 Weeks
by Scott Huff -
The World Championship of Online Poker (WCOOP), the largest online poker tournament in the world, is coming back to Poker Stars, this time with a main event guarantee of $2.5 million.
The two week long tournament featuring Hold’em, Omaha, and Stud events, begins September 4th, 2005 at 4:30 p.m. EST. Event #1 is a $500 + $30 buy-in no-limit Hold’em tournament with a guaranteed prize pool of $800,000. To date, 544 players are already registered for the event with over two weeks still to go before kick-off.
Iraq Museum International uses files still posted on eBay to recreate minute-by-minute how an eBay "sniper trap" cheated an online casino.
(PRWEB) August 15, 2005 -- A leader in online gaming is among the latest victims of fraud on eBay. The online casino fell prey this week to a "sniper trap," involving a bidder's retraction and two phony bids.
The casino was the winning bidder in a highly-publicized eBay auction of a candy wrapper which ended on August 12, 2005.
(PRWEB) August 12, 2005 -- Players at Slotland.com (www.slotland.com/) will be helping to prevent starvation in Africa, as the online casino donates money to select aid organizations throughout July and August. The ‘Help Africa’ campaign is inspired by Bob Geldof’s Live 8 success in convincing world leaders to significantly boost financial support given to Africa.
Until the end of August, Slotland.com will donate a sum equal to 10% of all deposits made by new players who register and make a deposit. As an added incentive, Slotland.com will automatically reward new customers with a 100% match bonus to their first deposit.
(I-Newswire) - Fort Lauderdale, Florida and Atlanta, Georgia, – August 11, 2005 – www.highrrollerradio.com, a privately held internet sports talk radio format station of online gaming programming which stream casts and produces online wagering, gaming, sports radio shows and information on the world wide web at www.HighRollerRadio.com announced today that Major League Poker‘s ‘On The Felt,’ radio show has been included in it’s programming line up.
By David Smith -
Deregulation of gambling laws in the UK is expected to encourage even faster growth in online betting, which rose 46 per cent last year.
This is according to ORC GamblerTrack, an annual study carried out by research consultancy ORC International.
It adds that all forms of traditional betting – telephone, shops, casinos and on-course betting – have seen a sharp decline in 2004, probably due to increased Internet access and the rise of online gambling.
By Ofer Levi -
Israel subsidiary Random Logic developed the software used by Cassava’s online gambling sites.
Anyone going to see a movie at Cinema City at Glilot Junction this afternoon could not have missed the billboard by Random Logic Ltd., a subsidiary of online gambling company Cassava Enterprises (Gibraltar) Ltd.. It turns out that Cassava convened its 300 employees to update them on the company’s expected IPO in London. Israel-registered Random Logic developed the software used by Cassava’s online gambling sites.
Internet gambling may be illegal in the United States, but the sites are minting money, and investors want some action.
By Brad Stone -
Aug. 15, 2005 issue - Jason Kim was on a roll. One night last month, the 33-year-old policy analyst for the U.S. Department of Commerce won $60 in just 15 minutes of virtual, low-stakes Texas hold 'em on the popular online gambling site PartyPoker.com. Playing from his home PC against a half dozen strangers from around the world, Kim won three hands with a pocket pair of aces, a two pair of kings and nines and, finally, by turning a full house from what poker pros disdainfully call "the hammer"—a seven and two of different suits.
By Ralph King -
John Anderson's Web casino is a profit machine. If only he could convince the U.S. government that online gambling ought to be legal.
"There's something of the night about this industry," a Merrill Lynch (MER) investment banker has warned. One evening in November in the lobby of London's Landmark hotel, where the elusive operator of the world's largest online casino is about to appear, the banker's words ring true.
(PRLEAP.COM) The search to find the best Sit N Go player has begun at www.NobleMillion.com. This contest is for any player who plays at Noble Poker and wants to play in their sit n go tournaments. If you win 7 consecutive $10/1 tournaments you will receive 1 million dollars on top of your normal winnings. Six will get your 75k while 5 will earn you an extra 25k. This is extra money Noble gives away on top of the normal prize pool.
With Noble Poker being bought out by Empire Poker the increased promotions will only get larger. All site details can be seen at www.Noblemillion.com where Noble offers an exclusive $700 sign up bonus to new players.
LOS ANGELES--(BUSINESS WIRE)--Aug. 3, 2005--PokerStars.com has now hosted over 10 million tournaments, more than any online site, casino or card room; gives out more prize money and has created more champions than any other poker site, globally.
PokerStars.com's fourth annual World Championship of Online Poker (WCOOP), scheduled to begin in September, is the largest online poker tournament in the world. This year the WCOOP is expected to host more than 10,000 participants, with a guaranteed prize pool of more than $8 million, making this tournament one of the richest sporting events in the world.
CARSON CITY, Nevada (AP) -- It won't be long before gamblers are shooting dice while queued up to see their favorite comedian. Or playing poker and roulette under a poolside umbrella. Even a trip to the buffet will no longer keep casino patrons from playing slots.
A law signed last month by Gov. Kenny Guinn made Nevada the first U.S. state to approve the use of wireless, handheld gambling devices at its hotel-casinos.
Robert Jaques -
The global market for mobile gambling is poised to rocket from current annual revenue levels of $1.2bn to reach US$7.6bn by 2010, industry analysts have predicted.
In five years there will be more than 200m consumers gambling using their mobiles, according to Informa Telecoms & Media's latest report, Mobile Gambling.