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 reports 2Q loss on costs (AP):
Casino operator Pinnacle Entertainment Inc. on Thursday reported a second-quarter loss on higher costs and expenses. The company lost $41.6 million, or 81 cents per share, compared with net income of $9 million, or 8 cents per share, during the same period a year prior.
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Pinnacle Entertainment Announces Commencement of Exchange Offer (PR Newswire):
Pinnacle Entertainment, Inc. today announced that it has commenced an offer to exchange up to $350 million aggregate principal amount of 8.75% Senior Subordinated Notes due 2020, which have been registered under the Securities Act of 1933, as amended, for an equal principal amount of its outstanding 8.75% Senior Subordinated Notes due 2020, upon the terms and subject to the conditions set forth in the prospectus, dated July 29, 2010, and the related letter of transmittal, including any amendments or supplements thereto.
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Pinnacle Swings to Loss, but Shares Rise (at TheStreet.com)
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Pinnacle posts loss, sells jets, closes offices (at bizjournals.com)
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Dover Downs Gaming & Entertainment, Inc. Reports Results for the Second Quarter Ended June 30, 2010 (Business Wire):
DOVER, Del.----Dover Downs Gaming & Entertainment, Inc. today reported results for the three months ended June 30, 2010.
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Pinnacle Entertainment Reports Revenue and Consolidated Adjusted EBITDA Growth for 2010 Second Quarter (PR Newswire):
Pinnacle Entertainment, Inc. today reported second quarter operating results for the three months ended June 30, 2010, as summarized below:
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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 quarterly cash dividend on both classes of common stock of $.03 per share. The dividend will be payable on September 10, 2010 to shareholders of record at the close of business on August 10, 2010.
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Littlefield Corporation Announces Q2 2010 Results (Business Wire):
AUSTIN, Texas----Littlefield Corporation today announced second quarter of 2010 results from continuing operations improved $130,000 over the prior year.
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Churchill Downs Incorporated's 2010 Second Quarter Results Conference Call Announcement (GlobeNewswire):
LOUISVILLE, Ky. -- Churchill Downs Incorporated, , will release its 2010 second-quarter results at 4:30 p.m. ET on Wednesday, August 4, 2010, and host a related conference call to discuss the results on Thursday, August 5, 2010, at 9 a.m.
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Webcast Alert: Littlefield Corp. (LTFD) Second Quarter 2010 Earnings Conference Call (PR Newswire):
Littlefield Corp. announces the following Webcast:
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Pinnacle Entertainment Announces Closing of Exchange Offer (PR Newswire):
Pinnacle Entertainment, Inc. today announced that it has closed an offer, whereby it has exchanged $450 million aggregate principal amount of 8.625% Senior Notes due 2017, which have been registered under the Securities Act of 1933, as amended, for an equal principal amount of its outstanding 8.625% Senior Notes due 2017, upon the terms and subject to the conditions set forth in the prospectus, dated June 24, 2010, and the related letter of transmittal, including any amendments or supplements thereto. Â
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Bally Technologies Names Robert J. Parente Vice President of Corporate Accounts (Business Wire):
LAS VEGAS----Bally Technologies, Inc. , a leader in games, systems, and server-based technology solutions for the global gaming industry, announced today that it has named Robert J.
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Bally Technologies to Report Its Fiscal 2010 Results on Thursday, August 12 and Host Conference Call and Webcast (Business Wire):
LAS VEGAS----Bally Technologies, Inc. , a leader in slots, video machines, casino management systems, and networked solutions for the global gaming industry, today announced it will present its fiscal 2010 results after the market closes on Thursday, August 12 and will also host a conference call and webcast beginning at 4:30 p.m.
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Gaming Shares Get Hot (at Forbes)
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[video] Friday Sector Leaders: Gaming Activities, Lumber Wood Production Stocks (at Forbes.com)
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Dover Downs Gaming & Entertainment, Inc. Quarterly Earnings Conference Call Announcement (Business Wire):
DOVER, Del.----Dover Downs Gaming & Entertainment, Inc. invites you to participate in a conference call subsequent to the release of Dover Downs Gaming & Entertainment, Inc.’s. earnings for the second quarter ended June 30, 2010.
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Littlefield Corporation to Release Q2 2010 Earnings on Wednesday, July 28, 2010 (Business Wire):
AUSTIN, Texas----Littlefield Corporation announced today that it will release its Q2 2010 earnings on Wednesday, July 28, 2010 and a conference call will be held on Friday, July 30, 2010 to discuss the earnings.
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Bally Technologies and Galaxy Entertainment Group's StarWorld Reshape the Player Experience in Macau (Business Wire):
LAS VEGAS----Bally Technologies, Inc. , a leader in global gaming technology solutions, is dramatically changing the slot players’ experience with its iVIEW Display Manager™ point-of-play communications technology at Galaxy Entertainment Group ’s StarWorld Casino in Macau.
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La. casino take falls 7.1 percent in fiscal year (AP):
Battered by less consumer spending and fewer discretionary dollars, Louisiana's state-licensed casinos finished their latest fiscal year with a 7.1 percent drop in winnings from the previous year.
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MTR Gaming Group to Report Second Quarter 2010 Results on Monday, August 9, 2010 (Business Wire):
CHESTER, W. Va.----MTR Gaming Group, Inc. today announced that it will issue its financial results for the second quarter ended June 30, 2010 on Monday, August 9, 2010 before the stock market opens.