Archive for December, 2009

Sands China a “Buy” Says Citi, UBS

Thursday, December 31st, 2009

HONG KONG (Reuters) – Shares in Sands China (1928.HK) climbed as much as 6.3 percent to their highest level in more than two weeks after Citigroup and UBS initiated coverage on the Macau unit of U.S. casino operator Las Vegas Sands (LVS.N) with "buy" ratings.
Citigroup issued a target price of HK$12.50 on Sands China, saying [...]

2010 College Bowl Betting Big For Bookies

Thursday, December 31st, 2009

The 2010 College Bowl betting season should help pad the pockets of online bookmakers catering to the North American market.  Trafficwise, Gambling911.com expects brisk activity throughout the day New Year’s (January 1).
"Sure people will be nursing their hangovers but that shouldn’t stop anyone from placing bets on their favorite College Bowl games," says Payton O’Brien, [...]

Victory for Dutch State monopoly on online gambling

Saturday, December 26th, 2009

The Advocate General of the European Court, Yves Bot has given his oppinion about the Dutch state monopoly on online gambling and betting, his oppinion may change the outcome of the lawsuit against the monopoly of the Netherlands dramatically.
UK online casinos and betting operators Betfair and Ladbrokes filed a case against the Dutch with the [...]

Crazy Dragon Online Casino Jackpot Hit After Seven Month Drought

Saturday, December 26th, 2009

Cherry Red Casino Crazy Dragon is one of the top three-reel slots on the Rival Gaming network of online casinos, but players have become frustrated with the lack of jackpots in the past seven months. On Saturday, that frustration turned to joy for one lucky player.
The slot jackpot was hit for the first time [...]

Former Lawmaker Stands Trial in China Mob Crackdown

Monday, December 21st, 2009

CHONGQING, Dec. 24 (Xinhua) — A former lawmaker and business tycoon in southwest China’s Chongqing Municipality stood trial Thursday on charges of organizing a criminal gang, court authorities said.
Chen Mingliang, 52, was a deputy to the People’s Congress in Chongqing’s Yuzhong District, the local legislature, before he was arrested in June.
Read the full post [...]

Armed masked men rob bookmakers

Monday, December 21st, 2009

Two masked men armed with a suspected knife and handgun robbed a bookmakers in Sunderland.
The two went into the William Hill bookmakers in Chester Road, Sunderland, on Saturday evening, threatened two staff members and demanded cash.
It is not known whether the weapons were real or imitation.
Detectives have released a CCTV image in a bid to [...]

Online Gambling: More Trouble for Jay Cohen?

Wednesday, December 16th, 2009

Federal authorities in the USA are considering whether to recharge Internet gambling pioneer Jay Cohen with running an illegal online sports betting operation, after Cohen appeared on TV this week and admitted he is back in the online sports betting business again.
Cohen, 44, a former stockbroker from San Francisco, and a partner co-founded Antigua-based online sports wagering site World [...]

Gamblers React to CNBC’s Big Business of Illegal Gambling

Wednesday, December 16th, 2009

CNBC always puts out the best original programs and Wednesday night’s installment of The Big Business of Illegal Gambling was no exception.  Sure it didn’t exactly paint the industry in the most glamorous light, but valid points were raised and both sides of the spectrum were presented.
Jay Cohen, founder of the World Sports Exchange, came [...]

Poker Ducks is Poker Dust

Friday, December 11th, 2009

Another online poker room has bitten the dust!
The latest casualty of the online poker room wars is a little-known room called Poker Ducks (www.pokerducks.com), which has shockingly pulled the plug on itself without any explanation or prior notice.
A notice currently posted on the Poker Ducks website simply states:
"Poker Ducks is closed.&q
Read the full post >>

Tiger Woods Leaves Golf: Payout for Bettors Could be Big

Friday, December 11th, 2009

With Tiger Woods announcing through a statement that he plans to leave golf "indefinitely", sports bettors are jumping all over Tiger Woods 2010 Masters Win odds, the assumption being he will not play in a majority of the tournaments.
The odds of winning zero Masters in 2010 paid close to 2/1 odds or $200 for every [...]