News about <![CDATA[gambling]]> News about en-us <![CDATA[Powerball Jackpot Leaps to $550 Million]]> DailyFinance.com: AP By BARBARA RODRIGUEZ DES MOINES, Iowa -- The Powerball jackpot has jumped to $550 million, a major climb less than a day after the latest drawing produced no winning ticket. The announcement Thursday by the Multi-State Lottery Association means ... Read more]]> <![CDATA[New Hampshire Man Loses Life Savings on a Carnival Game]]> DailyFinance.com: WMUR News 9Henry Gibbohm Jr. Carnies get a bad rap, and this sort of thing is why: A New Hampshire man says he lost $2,600, which he calls his life savings, on a carnival game called Tubs of Fun. He was trying to win an Xbox Kinect and show his kids ... Read more]]> <![CDATA['Sin City's' Strong Recovery to Continue: MGM CEO]]> <![CDATA[Hitpost Nabs Crowdstar Leader Courtland Alves As New CEO, Launches Sports Bet Game]]> How do you make sports gambling more addictive? Make it role playing game where you level up by completing quests of placing specific fake-money bets. And how does a sports community app like Hitpost build such a smart game? It hires lead producer Courtland Alves from games giant Crowdstar as its new CEO. After four years in sports, Hitpost is making a play for the social gaming big leagues.]]> <![CDATA[Florida's Ban on Slot-Like Games Shuts Hundreds of Parlors]]> DailyFinance.com: Alan Diaz/APGladys Fundora plays a sweepstake game at the New York New York Arcade in Hialeah, Fla., on Thursday. Gaming centers also known as "Internet cafes" are now illegal in Florida. By GARY FINEOUT TALLAHASSEE, Fla. -- Up to 1,000 strip-mall ... Read more]]> <![CDATA[Beijing's Austerity Drive Not a Worry: Sands China CEO]]> <![CDATA[Why Nevada’s first online gambling license is more symbol than substance]]>


]]> <![CDATA[Why Nevada’s first online gambling license is more symbol than substance]]>


]]> <![CDATA[Winner of $338M Lottery Promises to Help Family]]> DailyFinance.com: Rich Schultz/AP Store employee Pravin Mankodia stands outside Eagles Liquors in Passaic, N.J., on Monday. Mankodia sold the winning $338 million Powerball ticket that was claimed by Passaic-resident Pedro Quezada. By David Porter PASSAIC, N.J. -- ... Read more]]> <![CDATA[Winning Ticket for $338M Lottery Sold in New Jersey]]> DailyFinance.com: Orlin Wagner/AP A Powerball ticket purchased last November at a Lawrence, Kan., convenience store. A lottery ticket sold in New Jersey matched all six numbers in Saturday night's $338.3 million Powerball drawing. By BRUCE SHIPKOWSKI TRENTON, N.J. -- ... Read more]]> <![CDATA[What Games Are: Real-Money Gaming Is Really Boring]]> It may be the case that real-money gambling is inching its way to reality in the U.S., much as it has in the rest of the world, but if so it's a phenomenally boring story. It's hard to get excited about a sector that only ever sells the same few game types over and over, and it leads me to wonder when will real innovation ever really make its mark in this space. There's more to life than slots.]]> <![CDATA[Ex-San Diego Mayor's Gambling Wagers Top $1 Billion]]> DailyFinance.com: By ELLIOT SPAGAT SAN DIEGO (AP) - Former San Diego Mayor Maureen O'Connor acknowledged Thursday in federal court that she took $2.1 million from her late husband's charitable foundation and gambled it away during a nearly decade-long binge when she ... Read more]]> <![CDATA[Midday Market Minute: A Prelude to Internet Gaming in New Jersey]]> DailyFinance.com: By Hilary Russ Feb 11 (Reuters) - Guests at one New Jersey casino will be the first in the United States to place bets with the click of their television remote controls, as gambling gets ever closer to going online in the state. The Borgata Hotel ... Read more]]> <![CDATA[Sin City's Secret Weapon: China and Baccarat]]> <![CDATA[Goldman Sachs: Sell Boyd Gaming, 25% Downside]]> <![CDATA[New Jersey Looks to Legalize Online Gambling]]> <![CDATA[Ads, Odds, Nate Silver Predictions And Every Other Tech Angle You Need For Super Bowl XLVII]]> Millions of people across the U.S. are preparing their jerseys, face paint and horrific nachos. Yes, football fans rejoice, the big game finally kicks off tomorrow in New Orleans -- that is, Super Bowl XLVII, between the Baltimore Ravens and the San Franciso 49ers. The Super Bowl is always one of the biggest media events per year, and our inboxes have been flooded with "OMG this is going to be the most social Super Bowl EVAR" emails for weeks now. It's going to be a close, hard-fought game between two teams that most people will probably know nothing about until kickoff. But because the Super Bowl has become such a spectacle, there are tons of things to pay attention to on the Web and on social media, while stuffing your face with fried food and trying to watch the game while asking your friends what happened on the last play. ]]> <![CDATA[Super Bowl Squares: How Much Are Your Numbers Worth?]]> DailyFinance.com: Super Bowl Squares are the second most popular office sports betting tradition in the United States (No. 1: March Madness brackets), maybe because the outcome is based entirely on luck. Here's how it usually works: Players pay a fixed amount and ... Read more]]> <![CDATA[12 Most Unusual Super Bowl Bets]]> <![CDATA[Atari Inc. Files For Ch. 11 To Separate From Troubled French Parent, And Sell Or Restructure Famous Gaming Assets]]> Atari -- the iconic company and that helped spearhead the videogames industry 40 years ago with titles like Pong, Asteroids and Centipede, as well as consoles to evolve the consumer electronics field -- has filed for Chapter 11 bankruptcy protection to "separate from the structural financial encumbrances" of its French parent, Atari S.A., and to seek "independent capital for future growth" in digital and mobile games. The company may restructure as an independent entity, or it might get sold off in whole or in parts. ]]> <![CDATA[Betable Nabs The Guy Behind Zynga’s Recent Deal To Enter Real-Money Gaming]]> Betable, a San Francisco-based startup that makes it easier for casino-style game developers to offer players real money bets instead of virtual currency ones, just nabbed Jonathan Flesher. He was the vice president of business development that orchestrated Zynga’s recent partnership with bwin.party, an online gambling operator in the U.K. He’ll become Betable’s executive vice president of business development, where he’ll do everything from sign developers, push licensing forward in other territories and sign other strategic partnerships. Before Zynga, he was a director of business development at EA after several years of working in banking and private equity. “We’re seeing a convergence between the free-to-play social gaming world and online gambling world,” Flesher said. He said that developers that stick purely to virtual currencies may get left behind as studios that implement real-money gaming suddenly acquire a more lucrative player base and get more money at their disposal for marketing. “If you incorporate real-money gaming, you’ll get a higher lifetime value from your players, and then you’ll be able to outspend other companies in the space that aren’t doing real money gaming,” he said. Flesher did not directly leave Zynga for Betable. He took a few months off to spend time with family and then re-engaged with Betable later. While working at Zynga, he came across the company, but he declined to say whether Zynga had explored a formal partnership with the startup. That said, Bwin.party makes logical sense at a partner because it is the world’s largest publicly traded online gambling firm. Betable, which has real-money gaming licenses in the U.K., lets casino-style game developers add real money betting to their titles. They will only be able to reach players in the U.K., and not in the U.S. because state and federal regulations don’t currently permit it. Betable’s platform identifies which players they can legally show gambling-like features to based on their location or jurisdiction. So a developer that integrates Betable shouldn’t be concerned with exposing gambling mechanics to U.S.-based players, for example. The company is pursuing licenses in other countries as well. They’re already live in several games including Big Fish Casino, but they haven’t disclosed how many games or players are in the total network. Betable is actually a re-start of an older company, that was “a stock exchange for betting where the odds were user-generated,” according to CEO Chris Griffin. That concept didn’t work out but]]> <![CDATA[Investing.com Is 2012's Priciest URL, but the Real Money Is Still in Sin]]> DailyFinance.com: In the Olympic marathon that is the world of online business, Investing.com wins the 2012 gold medal as the most expensive domain name sold this year -- and one of the most expensive website names sold in the history of the Internet. The news hit ... Read more]]> <![CDATA[Derby Jackpot is off to the races with real-money social gaming]]>


]]> <![CDATA[President Romney? Gamblers Say Don't Bet on It]]> DailyFinance.com: With just a few hours before Election Day, America's polling industry has gone into overdrive. A handful of colleges, a slew of media outlets, and a mass of polling companies have made a business out of asking Americans who they plan to vote for, ... Read more]]> <![CDATA[Japanese Pachinko Mogul Sues Wynn Resorts in Tokyo]]> DailyFinance.com: By ELAINE KURTENBACH TOKYO -- Japanese pachinko tycoon Kazuo Okada has filed a lawsuit in Tokyo District Court seeking $140 million in damages from casino operator Wynn Resorts. Universal Entertainment said in a statement Wednesday that it is ... Read more]]> <![CDATA[Big Fish Casino Raises The Stakes With Real-Money Gambling On The iPhone]]> Would you like to bet on what may be the next big thing in games? Place a wager on real-money gambling, and you could be in for some good returns. Today, when games developer Big Fish launched a new iPhone app called Big Fish Casino, it announced it would raise the stakes in the UK by introducing real-money gambling into it (courtesy of well-backed gambling platform Betable) -- making this the first time that a real-money gambling game will be available in the App Store. This may be a first for the App Store, but it's part of a growing interest in real-money gambling. The news comes just one week after the introduction of the first real-money gambling app on Facebook (also in the UK) and at the same time that a report has emerged of Zynga lobbying hard to get in-game gambling cleared in the U.S., too. ]]> <![CDATA[Bingo! Facebook Gambles On Games Using Real Money, Not Credits, To Engage Users]]> For the last three quarters, Facebook has been struggling to move the needle on its payments business, but today a new game has launched that could provide a clue to how that could change that in the future: the social network has, for the first time, allowed a gaming app on its platform that allows users to play with real money -- not Facebook Credits. Called Bingo & Slots Friendzy, the app is an extension of the Jackpotjoy.com franchise from Gamesys, and will be available in the UK only, and only to users over the age of 18. As with many other apps on its platform, Facebook is not directly involved in the creation and operation of the app. Rather, it has permitted Gamesys to offer the app, and that is a sign it is testing the waters for how it might allow for more games like this in the future. Financial terms of the deal, Facebook tells us, are commercially confidential, so it is not clear whether proceeds from the game will follow the 30/70 revenue split that applies to games using Facebook Credits. ]]> <![CDATA[Online gambling could boost Facebook’s flagging Payments]]> ]]> <![CDATA[Social gambling could boost Facebook’s flagging Payments]]> ]]> <![CDATA[Gumshoe Contest: Do It Yourself Analysis of this 10.6% “Big Yield Hunting” Gambling Stock]]> <![CDATA[Sunday Series: Sports Betting Top Movers]]> <![CDATA[Is stock trading technically a form of gambling?]]> <![CDATA[How Will History Remember You?]]> How are you going to spend your life?  When it is all said and done, how will history remember you?  Unfortunately, these days most people do not spend much time thinking about those kinds of questions.  Most people just kind of stumble through life without any clear direction or meaning.  Sadly, our society makes it [...]

]]> <![CDATA[Place Your Bets: Which Gambling Hot Spot Now Dwarfs Las Vegas?]]> DailyFinance.com: If you thought Las Vegas was where the big gamblers went to play, you're behind the times. Vegas has been overtaken by the new hottest gaming location: Macau, China. It wasn't always this way. Before Las Vegas Sands (LVS) opened Sands Macao in ... Read more]]> <![CDATA[Betting on Japan’s Legalization of Gambling]]> <![CDATA[Macro Trader Finds Opportunity in Super Bowl XLVI]]> <![CDATA[CNBC Poll: Would You Bet on the Super Bowl?]]> <![CDATA[#133: Audioboo/Podcast on Top News of the Day]]> <![CDATA[Good Morning Silicon Valley: Quoted: What are the odds of an online-gambling bonanza?]]> <![CDATA[Obama Administration opens the door for Online Gambling as new sources of revenue]]>

Obama Administration opens the door for Online Gambling and cleared the way for states to legalize Internet poker and online betting as new sources of revenue. Estimates of the size of the online gambling industry vary widely, from as low as $6 billion to as high as $100 billion. Because of the...

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]]> <![CDATA[Leveraged Buyout Trailblazer Ted Forstmann Dead at 71]]> DailyFinance.com: On Monday, global sports and media behemoth IMG announced the death of its chairman and CEO, Theodore J. "Ted" Forstmann, from brain cancer. Forstmann, born in 1940, was a former investment banker and a private equity pioneer. The firm he co-founded ... Read more]]> <![CDATA[What a Deal: Poker Champ Pays No Taxes on $8.7 Million]]> DailyFinance.com: There's Herman Cain's 9-9-9 Plan. There's the Buffett Rule. But of all the tax plans we've heard lately, Pius Heinz's All for Me deal is our favorite. Heinz is the German ace who recently won the World Series of Poker in Las Vegas, earning ... Read more]]> <![CDATA[#119: Occupy Wall Street, Stock Market Rally, and Reno]]> <![CDATA[Pre-commitment Needed On Pokey Facts | BTalk]]> <![CDATA[Pre-commitment Needed On Pokie Facts | BTalk]]> <![CDATA[ “The Next Big Thing: 3 Penny Stocks You Must Buy Now!”]]> <![CDATA[Good Morning Silicon Valley: Is Amazon buying Palm? Plus Samsung vs. Apple, Google as top workplace, online-poker news]]> <![CDATA[Jackpot: Fed Crackdown on Full Tilt Clears Way for Casinos]]> <![CDATA[How to Bet the Horses and Win on a Budget]]> DailyFinance.com: You don't need to pony up a lot of cash for a victorious day at the track. Just ride these tips from Dave Litfin of the Daily Racing Form and Andy Serling of the New York Racing Association below. We wager you'll be looking good in the neighborhood. ... Read more]]> <![CDATA[The High Price of America's Gambling Addiction]]> DailyFinance.com: Gambling wasn't a problem for Michael Burke until 1994, when a casino opened near his home. It was only then that he became a compulsive gambler, playing more often and losing larger sums of money. "I stole my children's college funds. I forged my ... Read more]]>