17 posts and columns on gambling

News Byte

Caesars IPO Hits Jackpot

in Commerce on February 8 at 9:55 am PT

Caesars Entertainment stock popped 82 percent on the first day of its public offering, trading at $16.39 a share. The Las Vegas company sold only 1.8 million shares, at a price of $9 each. Caesars, known for its casinos, is also betting on new online initiatives, such as social and real-money gaming. The IPO will provide an exit for some of its investors, who paid $28 billion to take it private four months ago. Because of its debt balance of $22 billion, some analysts view the deal as unattractive.

Care to Bet Which Other Social Games Company Is About to Go Public?

in Commerce on February 3 at 2:06 pm PT

Caesars Entertainment may be known for its Las Vegas casinos, but it also has a burgeoning business developing way off the Strip.
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Zynga Calls Out Bingo as It Gets More Serious About Casino Games

in Commerce on January 26 at 10:00 am PT

Zynga is getting close to launching Bingo, its second casino game on Facebook, which could serve as a precursor to the company’s more official online gambling business.
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States Cleared for Online Bets

in Voices on December 27, 2011 at 5:00 am PT

Some state lotteries are likely to take steps toward online gambling after a new opinion by the Justice Department that gives states a green light.

Casino Social Gaming Ringing Up Big Business on Facebook

in Commerce on October 19, 2011 at 9:55 am PT

Facebook games are often compared to gambling because of their addictive qualities. So what happens if you cut directly to the chase and build true casino games like slots, poker or bingo?
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Playhem Brings Gambling to Online Gaming (Sort Of)

in Commerce on September 21, 2011 at 9:44 am PT

All forms of online gambling are illegal in the U.S., but there’s a small loophole: If you are wagering on yourself in a game of skill, it’s completely fair game. That’s where Playhem enters the picture.
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Venture Bets on Chance Online Gambling Comes to U.S.

in News on June 20, 2011 at 12:00 am PT

U.S. Digital Gaming, a venture backed by prominent casino executives, on Monday is expected to name Jon Richmond, a former entertainment industry executive, as its new CEO — placing a bet that online gambling will become legal in the U.S.

Poker Web Sites Targeted in Federal Crackdown

in News on April 15, 2011 at 1:00 pm PT

Eleven people, including the founders of three of the largest online poker companies doing business in the U.S., have been charged in the latest crackdown on Internet gambling by U.S. authorities.

States Make Play for Web Gambling

in News on March 2, 2011 at 4:30 am PT

Efforts to legalize online gambling in the U.S. are moving to the states as lawmakers roll the dice on bills that aim to steer around federal laws effectively prohibiting Internet wagering.

YooMee Games Opens the Chuck E. Cheese of Online Arcades

in Commerce on February 8, 2011 at 4:30 am PT

What do you get when you give casual game players the chance to compete for cash and prizes? A really addictive experience. Or at least that’s the hope of YooMee Games.

Gambling on the Pocket Casino

in Mobile, January 7, 2011 at 1:34 pm PT

Reconsidering a 2006 Ban, Congress May Bet on Internet Gambling

Google's Brin Says He Is "Always Optimistic" About China Solution

in News, February 12, 2010 at 11:47 am PT

And Remember, Friends Don't Let Friends Gamble Online

in News, December 20, 2007 at 5:40 am PT

And Remember, Friends Don’t Let Friends Gamble Online

in News, December 20, 2007 at 5:40 am PT