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World Gambling Reaches $419 Billion In 2011
Written by B. Solomon | Thursday, March 8th, 2012

Global Betting and Gaming Consultants (GBGC) has just released the findings of its latest research showing a rise in gambling revenue across the world by 5.6% to $419 billion, compared to the previous year. Although lotteries were out in front accounting for 28.4%... 

Betfair Revenue Up 11% to £85.3 Million In Q3 2011/12
Written by B. Solomon | Wednesday, March 7th, 2012

UK based online gambling business Betfair has released its financial figures for Q3 ending January 31st, revealing an 11% rise in the group’s revenue to £85.3 million ($135m), compared to £77 million from the same period last year. Betfair is the world’s... 

Epic Failure Of The Epic Poker League
Written by B. Solomon | Thursday, March 1st, 2012

The Epic Poker League has run into some serious trouble, after the company that owns and manages it filed for Chapter 11 bankruptcy on 29th February. Following the announcement, EPL Commissioner Annie Duke was quick to clarify the situation by stating that; “this... 

William Hill Profits Fall 11% To £115 Million In 2011
Written by B. Solomon | Friday, February 24th, 2012

UK bookmaker William Hill released its financial figures today, revealing an 11% fall in net profit to £115 million ($182 million) for the whole of 2011, compared to £130 million in 2010. William Hill owns around 2,370 betting shops in the UK, to go with its... 

Zynga Poker Revenue Reaches $1.14 Billion in 2011
Written by B. Solomon | Friday, February 17th, 2012

Originally launched in 2007 as an application for Facebook, Zynga Poker has now revealed that its revenue figures for the whole of 2011 reached an impressive $1.14 billion. Nevertheless, the fast-growing Internet company which had previously recorded seven continuous... 

William Hill Now Sponsoring England Football Team
Written by B. Solomon | Wednesday, February 8th, 2012

Leading UK bookmaker William Hill has signed a major new sponsorship deal with The Football Association (FA), to become the ‘Official Supporter’ of the England Football Team, as well as the FA Cup’s Official Betting Partner. The ground breaking... 

888 Revenue Up 26% To $331m For 2011
Written by B. Solomon | Tuesday, February 7th, 2012

UK online gaming group 888 Holdings has just released its fourth quarter results which showed a 28% rise in revenue year-on-year to $91 million. Overall, the group’s revenue for the whole of 2011 was up 26% to $331 million compared to $262 million in 2010,... 

888 Earnings Ahead Of Forecast
Written by B. Solomon | Tuesday, December 20th, 2011

UK online gaming business 888 Holdings Plc has made an announcement recently stating that the company expects its profit for 2011 to be ahead of market expectations. Making the statement from its Gibraltar base, 888 said its performance in November and December... 

Full Tilt Poker Strike $80 Million DoJ Deal
Written by B. Solomon | Friday, November 18th, 2011

There was some more positive news for Full Tilt Poker customers yesterday, after it was announced that French investment company Groupe Bernard Tapie (GBT) has agreed to buy the business for $80 million. Furthermore, as the deal would allow for certain DoJ frozen... 

Macau Casino Revenue Up 42% To $3.36 Billion In October 2011
Written by B. Solomon | Thursday, November 3rd, 2011

On Tuesday, The Macau Gaming Inspection and Coordination Bureau released their gaming figures for October revealing a record month for the Chinese enclave, in which its revenue soared by an incredible 42.3% to $3.36 billion (26.9 billion patacas) compared to the...