Gambling News by House of Odds

As chief executive of Tesco, Sir Terry Leahy is used to winning. He wins in his stores, he wins online; he is now gambling that Tesco can win in Wal-Mart's backyard with the launch of his US-based Fresh & Easy convenience chain.Tesco hit by defections but rejects 'brain drain' tag (Financial Times)

E for All Expo -- Entropia Universe, the leading virtual world platform for online entertainment, social networking and e-commerce using a real cash economy, opens its platform to partners and affiliates interested in obtaining their own planet in the Universe. Companies looking to extend their online presence can join a number of partners like China's Cyber Recreation District and others in .Interplanetary Business Development: Virtual World Entropia Universe Offers Platform for Companies Marketing Online (Marketwire via Yahoo! Finance)

Online gambling company Sportingbet PLC, forced to quit the U.S. after lawmakers effectively made its business there illegal, reported an annual loss Wednesday but said its other operations were doing well and it expected to grow in Europe.Sportingbet Posts Full-Year Loss (AP via Yahoo! Finance)

Oct. 19 (Bloomberg) -- A year ago last Saturday, President George W. Bush signed the Unlawful Internet Gambling Enforcement Act and Online Gambling was banned in the U.S.Internet Gambling Act Should Be Scrapped: Joe Saumarez-Smith (Bloomberg.com)

Las Vegas, Nevada, a city of about half a million people, is the host of millions more in gambling and convention tourism. About 40 million Americans visit the desert city every year, generating about $35 billion, or $100 million a day.A Blinding Look at the City of Lights (Online Casino Reports)

LONDON, England (AP) -- Online gambling company Sportingbet, forced to quit the U.S. after lawmakers effectively made its business illegal, on Wednesday reported an annual loss but said other operations were doing well and it expected to grow in Europe.U.S. ban hits Sportingbet revenues (CNN.com)