Gambling

Bwin and Sands Big-Wig Jason Ader Is At It Again With MD Insider

Jason Ader, a long-time friend to Gambling911 is at it again.  The big-wig New York hedge-fund guru is now revolutionizing the healthcare arena, with his investment in MD Insider, which is based in California and using big data to evaluate physicians.

Submitted by Aaron Goldstein on, May/06/2015

Move Over ISIS: Macau Beheading Plot Discussed at Sheldon Adelson Testimony

LAS VEGAS (Associated Press) — Casino mogul Sheldon Adelson found himself answering questions in a Las Vegas courtroom on Tuesday about what he knew about a plot to behead employees in Macau and if Chinese government promises were broken as Las Vegas Sands Corp. developed properties on the lucrative Cotai Strip.

Submitted by Associated Press on, May/06/2015

Chinese Officials Funding US Political Campaigns: Adelson Denies Ties

If big money donors really do make a difference in the U.S. political landscape, the next American President could be determined by….the Chinese?

BetOnline

Submitted by Gilbert Horowitz on, May/05/2015

Wal-Mart Employee Embezzles $150K From VA for Gambling, Strippers

A 57-year-old former federal employee admitted to embezzling approximately $150,000 from a Veterans Affairs retail store and using said funds for strippers prostitutes and gambling.

The US Justice Department has accused Glenn Alan Bates, 57, of stealing said funds from an Ann Arbor, Michigan store, which caters to war veterans through the sale of food and electronics.

Submitted by Jagajeet Chiba on, May/05/2015

Oppenheimer, Vulcun Reps to Speak at First Ever Daily Fantasy Sports Expo

Want to raise money for your existing or start-up daily fantasy sports website?  The place to be this August 6 and 7 in Miami Beach, Florida at the first ever Daily Fantasy Sports Expo.

Sayke Reilley has been announced to speak on the subject of Raising Money for Daily Fantasy Sports.

Submitted by Payton on, May/05/2015

Manny Pacquiao Hit With Class Action Suit: ‘You Screwed Viewers and Gamblers’

Fighter Manny Pacquiao, who on Tuesday announced he will be getting shoulder surgery at the end of this week, has been served with a class action lawsuit.

BetOnline

Submitted by Don Shapiro on, May/05/2015

This PM Refuses to Make Good on Pacquiao Bet: ‘Incensed by Loss’

A Prime Minister ruling over a nation with more than 15 million people lost a wager on Manny Pacquiao Saturday night and now he reportedly refuses to pay. Floyd Mayweather Jr. walked away the champion by unanimous decision.

Don’t tell that to Cambodia PM Hun Sen, who made the $5000 bet and admitted Monday he doesn’t intend to pay it since he was so “incensed by the loss”.

Submitted by Jagajeet Chiba on, May/05/2015

Vietnamese Women Forced to Act as Drug Mules for Gambling Debt Forgiveness

A Swinburn University research study found that one in every five Vietnamese females serving time in Victoria, Australia prisons had been charged with drug offenses. 

The study delve deeper to reveal the vast majority of these women had to pay 10 per cent interest every week on loans, many of which were taken in order to pay off casino gambling debts ranging between $30,000 and $1 million.  The women were often used to transport illicit drugs on their person.

Submitted by Jagajeet Chiba on, May/05/2015

‘CSI: Cyber’ is Raising the Stakes to Expose ‘Seedy’ Online Poker World Tonight

The latest “CSI” spinoff, “CSI: Cyber” goes right for the jugular as it tackles the “seedy” world of online poker.

Submitted by Ace King on, May/05/2015

Land and Online Slots Payout Rates


Submitted by Payton on, May/05/2015

Kansas Senate Approves Fantasy Sports as Game of Skill Bill

TOPEKA, Kansas — (Associated Press) - Fantasy sports would be declared a legal game of skill under a bill approved by the Kansas Senate in a 37-1 vote Monday.

Lawmakers moved several pieces of legislation as they shift into the final stretch of the session. The fantasy sports bill would clarify an ongoing dispute over the legal status of fantasy football leagues if passed by the House and signed by Republican Gov. Sam Brownback.

Submitted by Associated Press on, May/04/2015

MGM Resorts Q1 Profits Up 65 Percent: Beats Wall Street Expectations

LAS VEGAS – (Associated Press) - MGM Resorts International posted a profit of $169.9 million, or 33 cents a share, in the quarter that ended March 31. That was up 65 percent compared to the same time a year ago and easily beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.

Submitted by Associated Press on, May/04/2015

Mondogoal.com Goal: To Be the World’s Top Destination for Fantasy Soccer

ISLE OF MAN -- It looks like deja vu for this tiny island off the coast of England that used to be a British territory but is now an independent nation.

A decade ago, some of the biggest online poker sites flocked here to set up shop.

Gambling laws were lax, the location was remote and the semi-air of British authority gave the poker sites a feel of legitimacy.

Submitted by Thomas Somach on, May/04/2015

Wizard of Odds Publishes Article on Casino Bonuses

Online betting information site Wizard of Odds has published their latest informational article related to the world of online gambling, as the site has released their “Bonus Hunting, Then and Now" guide.

Submitted by Payton on, May/04/2015

DraftKings NASCAR Rumors in Full Throttle Ahead of Indy 500

A Gambling911.com source has revealed that NASCAR will be the next professional sport to enter into a sponsorship deal with a daily fantasy sports company.  The leading suitor is said to be DraftKings.

One only needs to explore the NASCAR properties to notice how popular daily fantasy sports is becoming among race fans.

And this news should shock anyone who has been following NASCAR industry news in recent weeks. 

Submitted by Aaron Goldstein on, May/04/2015

Legends Sports Founder Convicted of Running $1 Billion Sportsbook

On one of the biggest betting days of the year, Legends Sports founder and father of 7, Bartice “Luke” King of Spring, Texas has been convicted of running a $1 billion sports betting enterprise.

Submitted by C Costigan on, May/03/2015

Sportsbooks Come Out on Top With Mayweather-Pacquiao Fight

It was billed as the “Fight of the Century” and certainly lived up to all the hype, at least where the gambling world is concerned.

BetOnline

Submitted by Aaron Goldstein on, May/03/2015

Mayweather vs Pacquiao Vegas Odds: Flood of Money Coming in on Pacman

Mayweather vs. Pacquiao Vegas odds were all over the map with early action coming in on Manny Pacquiao.

Submitted by Aaron Goldstein on, May/02/2015

Mayweather-Pacquiao Most Popular Bets: Fight Shatters Online Records

Carrie Stroup here with your Mayweather-Pacquiao fight most popular bets – those that were seeing the most wagering action at Sportsbook.ag.

Submitted by Carrie Stroup on, May/02/2015

Betting on the Mayweather Pacquiao Fight to Exceed $60 to $80 Million

Experts predict that betting on the much ballyhooed Mayweather Pacquiao fight will range between $60 and $80 million.  And that’s only in the state of Nevada.

Submitted by Tyrone Black on, May/01/2015

Current Line on the Mayweather-Pacquiao Fight: Wiseguy-Bookie Cat and Mouse

The current line on the Mayweather-Pacquiao fight as of Friday morning was coming in at -195 for Mayweather and +165 for Pacquiao.

Submitted by Tyrone Black on, May/01/2015

Verdict to be Rendered Shortly in Luke King Billion Dollar Sports Betting Case

A verdict was anticipated in the coming days in the case of Legends Sports founder Bartice “Luke” King, who is charged with running an online sportsbook for well over a decade that allegedly took in over a billion dollars.

BetOnline

Submitted by Gilbert Horowitz on, Apr/30/2015

Dutch Lottery Market Readies Itself for Change as Operators Prepare for Conference

AMSTERDAM  – Gaming In Holland - announced today, that representatives of the major operators of the State lottery, De Lotto and the National Postcode Lottery, shall be debating pending regulatory changes in the lucrative Dutch lottery market at their June conference.

Until recently, the Netherlands lotteries market was regulated by the Netherlands Gaming Control Board, but from April 2012 this responsibility is now with the Dutch Gaming Authority.

Submitted by Press Release on, Apr/30/2015

666Bet.com Making Some Payouts Following Disarray, Arrest

Some customers report receipt of payment from shuttered 666Bet.com following anxious weeks of waiting. 

The company has addressed the issue further by advising that customers will now need to open Skrill accounts in order to request withdrawals.

We are aware of the problem with pending withdrawals from March and are working a resolution to return balances to customer accounts asap.

Submitted by Aaron Goldstein on, Apr/29/2015

G911 World Exclusive: Sponsor of Louisiana Fantasy Sports Bill Predicts Easy Passage

BATON ROUGE, La. -- The State of Louisiana has always been an "anything goes" sort of place, what with its liberal drinking laws, myriad casinos and 24/7 Mardi Gras atmosphere.

But, strangely, one of the things that doesn't "go" in the Bayou State is wagering on fantasy sports.

Although Federal law legalizes fantasy sports wagering nationwide and deems it not a form of gambling but a contest of skill, individual states still have the final say on whether they think it's gambling and whether they want to allow it within their state borders.

Submitted by Thomas Somach on, Apr/29/2015

Betfair Account Recovery System Flaws Raise Alarms

Betfair, Europe’s largest betting exchange, has reassured its customers that it is fixing issues uncovered with its account recovery system.

A major security flaw was detected by users in recent days.

From the Register:

Submitted by Aaron Goldstein on, Apr/29/2015

Poker Site Owner DFS Critique: ‘Like Crack Dealer Warning About Fen Phen’

Many a daily fantasy sports player has taken issue with Americas Cardroom CEO Phil Nagy’s recent critique about the dangers of the Daily Fantasy Sports (DFS) sector.PokerFuse.com interviewed Nagy recently, who warned that many of these new daily fantasy sports websites will likely go under by year’s end and players wrongfully believe that most are regulated.  They are not.

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Submitted by Aaron Goldstein on, Apr/28/2015

Eilers Research to provide the State of the Industry at the Daily Fantasy Sports Expo

New York, NY--Ticonderoga Ventures, Inc. announces that Eilers Research will speak at the Daily Fantasy Sports Expo ( www.fantasysportsexpo.com ) on August 6-7, 2015 at the Miami Beach Convention Center.

Submitted by Press Release on, Apr/28/2015

Gambling Addicted Sons of True-Crime Writer Ann Rule Charged With Theft

Two sons of true-crime writer Ann Rule have been charged with allegedly stealing thousands of dollars from their ailing 83-year-old mother to help fuel their drug and gambling addictions.

Rule is the writer of over twenty crime books including “The Stranger Beside Me” about serial killer Ted Bundy.

Submitted by Jagajeet Chiba on, Apr/28/2015

Fantasy Sports Not Just an American Fad: Becoming Huge in Europe

LEEDS, England -- Wagering on fantasy sports isn't becoming a big thing just in the United States.

It's also getting huge internationally, especially in Europe.

One of the main reasons for the popularity of fantasy sports is that it's tailored to the local market and the local sports culture.

In the USA, fantasy sports thrive on football, basketball, baseball and hockey.

In Europe, it's all about soccer.

Submitted by Thomas Somach on, Apr/27/2015

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