Microsoft, Yahoo and Google - the three largest Internet companies agreed on Wednesday to pay a combined $31.5 million to settle federal civil allegations that they had accepted ads for illegal internet gambling.
The companies said they stopped taking the ads years ago. The settlement was announced by Catherine L. Hanaway, the United States attorney for [...]

Churchill Downs Incorporated today reported the results for the third quarter and nine months ended Sept. 30, 2007.
Net revenues from continuing operations for the third quarter of 2007 grew 7.1 percent to $103.9 million, compared to the $97.0 million reported during the same period of 2006. The growth in net revenues from continuing operations was [...]

The American Indian gambling industry has reported a slowdown last year. Indian gaming revenue grew 11 percent in 2006 to about $25.5 billion, slower than the average annual pace of 15 percent in the past decade, fewer facilities also opened, a report showed.
Gambling operations on native reservations hire more than 320,000 people, led to $80.7 [...]

A new report by PricewaterhouseCoopers estimates that the global gaming industry will be worth as much as $144 billion by 2011. According to the paper, the growth will be driven by the wave of new casinos being developed across the world, mainly in the Asia/Pacific region.
China casinos and gambling will head the group with an [...]

Online betting group, Sportingbet, announced an after tax loss of £63.1 million for the third quarter, due to its operational transfer to the Channel Islands and the migration of its Paradise Poker to Boss Media’s IPN network

The group did report a seven per cent increase in revenue in the third quarter, to £31.9 million, against [...]

WASHINGTON, D.C. — Indian casino gambling pulled in $25 billion in 2006, 11 percent more than the year before. Federal figures announced Monday, compiled from 387 tribal facilities in 28 states, show Indian gambling revenue has nearly doubled in five years.
Indian casinos brought in $12.8 billion from gambling in 2001, $22.5 billion in 2005 and [...]

UK-listed online gambling software provider Playtech reported a first quarter profit increase of $2.4 million, to $19.8 million, compared with the 2006 fourth quarter results. Despite the surge in profits, the gaming company’s year-on-year revenue sunk f

Shares of casino operator MGM Mirage Las Vegas fell by four per cent as it announced lower than expected first quarter results. Financial reports showed that net income increased by 17 per cent, to $168.2 million, for the period, but gambling revenue fell by six per cent, which it blamed partially on the ‘rowdy crowd’ that surrounded the National Basketball Association’s All-Star game in February.

By Neil CravenMarch 5 (Bloomberg) — William Hill Plc, Britain’s second- largest bookmaker by sales, said profit increased 47 percent last year, stoked by wagers placed on soccer’s World Cup.
Net income rose to 166.8 million pounds ($321.5 million), or 44.9 pence a share in the fiscal year ended Dec. 26, from 113.1 million pounds, or [...]

Neteller, the leading global independent online money transfer business, has cut 250 jobs with regard to its principal operations in Calgary, Canada and the UK. As a result of the group’s voluntary withdrawal from the US market, the Group has substantially completed the necessary reorganisation and restructuring of its operations to reduce its headcount and align related costs with anticipated revenues of its worldwide business.