onlinegamblingentertainment.org
onlinegamblingentertainment.org Online gambling entertainment has been one of the fastest growing industries on the internet over the last ten years. Once people realized the vast potential for online gaming and betting, the market literally exploded with many online companies launching casinos or poker rooms offering a variety of games. By far though, due to its growing popularity everywhere, the biggest online gambling explosion was that of the online poker room. The major online poker rooms have become internationally recognized brand names now, and sponsor major poker tournaments all over the world in addition to all of their online play. Many of the world’s most famous poker players have gotten their start in the online rooms, and they are the most popular form of online gambling today.
Online gambling entertainment has been so successful through the poker rooms due to a cyclical growth in poker's popularity. The growth of poker on TV led to more online poker rooms, which then began sponsoring more televised tournaments, which in turn drew more people to the online rooms. This has resulted in a near constant growth in the major online poker rooms over that past few years. The tournaments offered at some of the largest of these sights are enormous, with prize pools reaching amounts as high as a million dollars.
Online gambling entertainment in the poker rooms extends beyond just the thrill of playing however. Many of the online poker rooms are promoted by poker celebrities who are attaining the same status that was previously reserved for athletes. These famous players frequently play at these online sites, and the sites promote these events so that fans of the game or of the players themselves have a chance to watch them in action. This is just another aspect that ads to the potential entertainment that people can gather from online poker rooms.
Yahoo! Finance: Gaming Activities Industry News
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Pinnacle Entertainment amends credit facility (AP):
Casino operator Pinnacle Entertainment said Monday that it amended and restated a credit agreement, giving it $375 million of revolving credit.
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Pinnacle Entertainment Announces Refinancing of Credit Facility (PR Newswire):
On February 5, 2010, Pinnacle Entertainment entered into an amended and restated credit agreement. Terms of this amended and restated credit agreement provide the Company with a $375 million revolving credit facility with a stated maturity date of March 31, 2014.
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Pinnacle Entertainment 4th-quarter loss narrows (AP):
Casino operator Pinnacle Entertainment Inc. said Friday that cost-cutting helped narrow its fourth-quarter loss from a year earlier, but it described the period as "tough" and announced several moves to trim costs further.
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New St. Louis County casino to open march 4 (AP):
Missouri's 13th casino, and the seventh in the St. Louis area, now has an opening date. Pinnacle Entertainment Inc. said Friday that River City casino in south St. Louis County will open March 4 pending regulatory approval.
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Pinnacle to open River City Casino March 4 (at bizjournals.com)
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Pinnacle Entertainment Reports Fourth Quarter and Full-Year 2009 Results (PR Newswire):
Pinnacle Entertainment, Inc. today reported financial results for the fourth quarter and full year ended December 31, 2009.
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Pinnacle names new Lumiere Place GM (at bizjournals.com)
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Pinnacle Entertainment Appoints New General Managers for New Orleans, Downtown St. Louis Casinos (PR Newswire)
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Churchill Downs, Yum Brands partner on ‘Taste of Derby’ (at bizjournals.com)
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Churchill Downs to Kickoff Kentucky Derby Weekend with New 'Taste of Derby' Presented by Yum! Brands on April 29 (Business Wire):
LOUISVILLE, Ky.----An evening of exquisite cuisine and entertainment has been added to the roster of Kentucky Derby Week festivities as Churchill Downs Incorporated today announced plans to host Taste of Derbyâ„¢ presented by Yum!
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Pokertek Installs 40th PokerPro Table in Mexico (Business Wire):
MATTHEWS, N.C.----PokerTek, Inc., the worldwide leader in automated poker tables, announced today that it recently completed its 40th PokerPro table installation in Mexico across 19 properties.
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Pinnacle Entertainment Announces Conference Call for 2009 Fourth Quarter and Full-Year Results (PR Newswire):
Pinnacle Entertainment, Inc. announced today that it will release its 2009 fourth quarter and full-year financial results on Friday, February 5, 2010 prior to the market opening, followed by a conference call on the same day at 11:00 a.m.
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Analysis: Slump proves casinos not recession-proof (AP):
Amid the gloomy economic news of the past 18 months, Louisiana's gambling business is in a definitive recession of its own.
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Delaware OKs table gambling (at bizjournals.com)
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Dover Downs Gaming & Entertainment, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2009 (Business Wire):
DOVER, Del.----Dover Downs Gaming & Entertainment, Inc. today reported results for the fourth quarter and year ended December 31, 2009.
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Multimedia Games Nominates Timothy S. Stanley to Serve on Board of Directors (Business Wire):
AUSTIN, Texas----Multimedia Games, Inc. announced today that Timothy S. Stanley has been nominated to serve on the Company’s Board of Directors and will be presented for approval by the Company’s shareholders along with six other current board members at the Annual Shareholder’s Meeting on March 23, 2010.
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Bally Technologies Inc. Q2 2010 Earnings Call Transcript (at Seeking Alpha)
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Bally, New York Lottery ink 7-year terminal deal (AP):
Gaming equipment maker Bally Technologies Inc. on Wednesday said it signed a seven-year contract extension with New York Lottery to provide video gaming terminals at the State's eight racetrack casinos.
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Mo. regulators vote to close President Casino (AP):
Missouri gambling regulators voted Wednesday to close an aging St. Louis river boat casino, claiming the owners have intentionally slowed gambling and thus limited state revenue.
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Dover Downs Gaming & Entertainment, Inc. Declares Quarterly Dividend (Business Wire):
DOVER, Del.----Dover Downs Gaming & Entertainment, Inc. Board of Directors today declared a reduced quarterly cash dividend on both classes of common stock of $.03 per share. The dividend will be payable on March 10, 2010 to shareholders of record at the close of business on February 10, 2010.