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Business & Finance

What is happening in the business world?

Learn how the casino business is doing; what new enterprises are planned and what has failed; who are the big players in the gambling world today; how are the online gambling companies doing and what does the stock market thinks of them – the present and future of the gambling world can be found here.

More ePassporte News

ePassporte management sent letters to poker sites saying "Although we do not believe we have done anything illegal, we do not wish to be associated with anything that might be considered illegal by the United States Government".
Blog it!By Jeremy Hopkins | Tuesday, April 15, 2008 - 08:53
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Casino Loses £7M Claim Against Arab Bank

Grosvenor Casinos in London has lost a claim against the National Bank of Abu Dhabi (NBAD). They were chasing more than £7 million in cheques bounced by a Middle Eastern high-rolling gambler.
Blog it!By Grant Nelson | Tuesday, March 18, 2008 - 08:09
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US Could Profit From Regulating Online Gambling

A recent report by Pricewaterhouse Coopers has found that the US is missing out on billions of dollars of potential revenue for introducing the Unlawful Internet Gambling Enforcement Act (UIGEA), which effectively bans online gambling in the USA.
Blog it!By Grant Nelson | Monday, February 4, 2008 - 07:34
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Credit Crunch Affecting $3B Vegas Casino Project

The investment bank Deutsche Bank has taken the first step towards the foreclosure of the $3 billion Cosmopolitan Resort and Casino Project.
Blog it!By Grant Nelson | Sunday, January 20, 2008 - 12:53
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Atlantic City Casino Revenues Fall

The gambling industry in Atlantic City got a painful wake up call last year, as they saw revenues fall 5.7% on 2006's figures. This is the first such revenue decrease since casino gambling began in the area in 1978.
Blog it!By Grant Nelson | Sunday, January 13, 2008 - 08:07
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Sands to Build Casino Hotel in Singapore

The Las Vegas Sands Corporation has announced that they have managed to secure over $3.7 billion in loans to build a casino-hotel complex in Singapore.
Blog it!By Grant Nelson | Monday, January 7, 2008 - 08:37
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Pennsylvania Casino To Preserve A Part of History

A deal for an $800 million casino complex on the site may give history fans the chance to learn the story of one of America's most important industrial companies.
Blog it!By Grant Nelson | Tuesday, January 1, 2008 - 12:23
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Harrah's Close To Completing Record Casino Buyout

Harrah's Entertainment are coming close to the end of a long journey, and will soon close a deal which will result in the sale of the Harrah's Entertainment company to Apollo Management and Texas Pacific Group, private equity buyers.
Blog it!By Suzanne Moore | Tuesday, December 25, 2007 - 11:15
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US and Europe Online Gambling Agreement Reached

The deal makes permanent the ban on foreign gambling companies operating in the U.S, in return for other concessions that will enable foreign companies in certain other sectors to do business there.
Blog it!By Jeremy Hopkins | Wednesday, December 19, 2007 - 14:28
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Poker Machines Targeting Poor in Australia

Poker machine gamblers in poorer suburbs are among the biggest financial losers in Australia – paying out $128 million AU in just 1 year. On average, an adult in the city of Monash spends $960 a year on poker machines.
Blog it!By Jeremy Hopkins | Sunday, December 16, 2007 - 07:54
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