Gambling News by House of Odds

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)

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)

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)

By Ryan Ko STAFF REPORTER Approximately 75 people attended the Technology & Culture Forum at MIT lecture, Gambling: Face to Face or interface? held Wednesday evening in 10-250. The lecture featured bestselling author Ben Mezrich, famous for his novels about the MIT Blackjack Team.Group Hosts Gambling LectureBringing Down the House Author Is One of Three Speakers at Forum (The Tech)

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)