April 7, 2011: Washington DC Legalizes Online Poker Online poker is currently well on its way to legalization in a number of US states including Nevada, Iowa and Washington; and plenty more look to follow. But the whole intrastate-poker movement started in a Washington DC, which isn't even a state at all. Last April the…
[caption id="attachment_17860" align="alignright" width="272" caption="Ayre denies any wrongdoing in the case."][/caption] When news broke of Bodog founder Calvin Ayre's indictment by Federal prosecutors in Maryland the gaming industry collectively sighed and said, "Here we go again." And who could blame them? Between web sites shuttered with the Department of Justice (DOJ) shield and indictments for…
[caption id="attachment_17768" align="aligncenter" width="228" caption="William Hill CEO Ralph Topping"][/caption] British bookmaker William Hill enjoyed a healthy $432.9 million profit in 2011 according to documents released this week. That's up a full six percent over last year and officials are crediting a 28 percent leap in net online revenues with the impressive gains. Read more about…
[caption id="attachment_17615" align="alignright" width="230" caption="What's Shel really after?"][/caption] Billionaire casino magnate Shel Adelson is one of the richest men in the world. He's a familiar figure to anyone who follows the gaming world, but he's never exactly been a household name, until recently. Adelson has been making big headlines over the past few months by…
Gambling IS a recession proof business. It's a statement that almost everyone in the gaming business has made at one time or another, but is it really true? Is gambling really immune to the ravages of the Great Recession or is this just an old wives tale? Limited Supply Meets Big Demand The idea that…
[caption id="attachment_16806" align="alignright" width="279" caption="A high limit baccarat table in Las Vegas."] [/caption] Did you know that Baccarat is now the biggest table game in Las Vegas? According a recent Associated Press article Baccarat brought in around $1.27 billion in revenue to Nevada gaming in 2011. Baccarat's big moment may be coming as a big…
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