GOP Governors Back Adelson on Online Gambling

AP – Three Republican governors who weren’t invited to GOP super donor Sheldon Adelson’s political gathering in Las Vegas this week are nonetheless trumpeting their agreement with him against Internet gambling. Govs. Rick Perry of Texas and Nikki Haley of South Carolina have submitted letters in recent days to congressional leaders stating that gambling in the virtual world compromises the ability of states to control gambling within their borders. Weeks earlier, Gov. Bobby Jindal of Louisiana wrote that he would do everything he could to stop Internet gambling from spreading in his state. Each of the governors’ missives is highlighted…

PKR links up with Income Access

iGaming Business – UK online gaming operator PKR has joined forces with Income Access, a provider of technology and affiliate iGaming management solutions, for the forthcoming re-launch of its affiliate programme. Under the deal, PKR Affiliates will move to the Income Access platform and benefit from recent enhancements to its software functionality. In addition, PKR Affiliates will continue to have access to PKR’s range of games such as 3D poker and 3D versions of other casino games. Members will also be able to promote a sportsbook offering, which will be offered in association with Global Betting Exchange Alderney Limited. “Moving…

888 Holdings Sees 30% Growth In Pre-Tax Profits

Poker News – 888 Holdings, the parent company of 888poker, recently announced record breaking revenue and pre-tax earnings for the financial year ending December 31, 2013. The company’s revenue increased by 7% from $375.8 million in 2012 to $400.5 million in 2013 thanks to a 7% increase in poker revenues ($87.5 million to $93.6 million) and a 15% increase in casino revenues ($165.5 million to $190.4 million). These substantial year-over-year increases more than offset a 16% decline in bingo revenue ($51.8 million to $43.7 million) to achieve record breaking revenue to the company. The company’s profit before tax increased by…

Casino Giants Now Hold All the Cards in Asian Expansion

The Motley Fool – When you take a step back and look at the gaming industry, you can see that there’s been an incredible shift in power over the past two decades. When Steve Wynn built The Mirage in Las Vegas he was taking a massive risk and had to rely on junk bonds from Wall Street to finance his project. But today, gaming companies not only have better balance sheets, they have the scale and cash flow to pick and choose expansion opportunities, both versus smaller competitors as well as in relation to markets where they operate. That shift…

Sports gambling lingo you’ll need to know

CNBC – So you’ve decided to gamble—legally, of course—on sporting events. Good for you. But do you know what a “push” is? A “parlay”? A “dime”? Well, if you don’t, it’s time you learn the lingo of sports betting. Chris Matcovich is senior director of data and communications for TiqIQ, a ticket price aggregator that draws data from such sellers as StubHub, Ticket Network and eBay. He provided CNBC.com with a list of terms that every prospective sports bettor should know. We also spoke with Robert Carter, a sports gambling consultant whose clients refer to him as Incarcerated Bob, even…

College students to benefit from casino gambling

WKBN Ohio – Casino gambling is about to pay off for some area college students. About 2,500 students statewide will get paid internships and co-ops through a program funded by casino license fees. The Ohio Board of Regents reported that $11 million of those fees is going to 10 community colleges, 15 universities and 11 technical centers over the next two years. Locally, $660,000 is available to Youngstown State University, Eastern Gateway Community College, and career centers in Columbiana, Mahoning and Trumbull counties. Schools will use the money to create new or expand existing co-op and internship programs in fields…