More than 2 billion was wiped off the market value of PartyGaming yesterday after the recently floated internet poker company accompanied its maiden financial results with a warning over slowing growth rates.
Well, you can't say you weren't warned. When poker site PartyGaming floated just 10 weeks ago, the risk factors in the prospectus ran to 27 pages.
PartyGaming brought the City's poker craze to an abrupt halt yesterday when it said growth had slowed, just 10 weeks after its four main owners took out almost 1billion at the company's London float.
PartyGaming loses third of value in a day as growth grinds to halt.
One of the NCAA's most pressing concerns regarding student's gambling is the potential to damage the integrity of the game.
Tabcorp announced it will launch a self-exclusion service on Monday that allows gambling addicts to ban themselves from accessing their Internet or phone betting accounts.
The William Hill boss yesterday blamed a stupendous run by a newspaper tipster for depressing the bookmaker's results.
Are punters finally getting their payday?
Even though it is illegal in Minnesota, Internet wagering is affecting Canterbury Park.
Overseas companies cash in as US gamblers flock to the Web.
The number of online gambling sites will increase to around 2,500 by the end of this year.
Empire Online is the target of a possible 700m-plus bid battle.
Punters who have a hunch they may have a gambling problem can now to turn to the web for a diagnosis.
How to grow sales nearly half yet still make no profit? Try betting it all on the web.
He runs a company that claims half the world market for online casino games and a significant part of the internet poker sector.
A London listing for the company behind the 888.com poker website will net at least 175m in cash for its founders and management in a float valuing the business at least 700m.
No details or launch-date but Race-O still talk a big game.
The New York State Racing and Wagering Board has installed a rule preventing the state's racetracks from doing business with off-shore betting firms that offer rebates to clients.
Former Minnesota Governor Jesse Ventura signed on with a Costa Rica-based internet website that takes bets on sports and casino games.
New media technology could soon make it possible to watch any horse race you choose and place a bet with whichever bookmaker offers the best deal.