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Online Gaming Company Bwin.party is Betting on a Sale of Win

Rolling the dice into the New Year, online gambling company Bwin.Party Digital Entertainment plc said it is in talks regarding the sale of its social gaming unit as it continues negotiations with several parties on a variety of possible business combinations.

“We are in active discussions regarding the sale of Win, the group’s […]

HarrahsCasino.com Awards Largest Jackpot In U.S. Regulated Online Gaming History

ATLANTIC CITY, N.J., Nov. 18, 2014 /PRNewswire/ — HarrahsCasino.com, the premiere destination for online gaming in New Jersey, today announced 31 year old Morris County, New Jersey resident Cathy R. has won the largest ever prize in the country’s regulated online gaming industry in New Jersey.

Cathy logged on to HarrahsCasino.com […]

Indian tribes, states eye online gambling

American Indian tribes have 460 gaming facilities in 28 states, but none offers online gambling—at least not yet.

Nevada, New Jersey and Delaware are the only states that have legal Internet gambling, but it is spreading internationally. Worldwide, online betting generates almost $30 billion of revenue a year, with Americans spending $4 billion, according […]

Online Gambling Gaining a US Toehold

Online gambling is gaining a toehold in the United States, but the phenomenon is so new the financial and social consequences are not yet known.

The state of Nevada, the home to the gambling mecca of Las Vegas, started allowing online poker games earlier this year. But two states on the eastern U.S. […]

Bwin.party second quarter revenue falls short of expectations

LONDON (Reuters) – Lower margins in sports betting pushed second quarter revenues from Bwin.Party below expectations, the online gambling company said on Wednesday.

Bwin has also been hit by the introduction last year of a turnover tax on sports betting in Germany, its largest market, and competition in the bingo sector in […]