Business & Financial
UltimatePoker.com Begins Accepting Visa Credit Cards
In a sign that banks are beginning to embrace the online poker sector, it was revealed over the weekend that UltimatePoker.com has begun to accept Visa cards.
UltimatePoker.com to date is the first and only US-based online poker site licensed out of Nevada.
Bitcoin Exchange Mt.Gox: US Consumers Can Put Cash In But Not Take Cash Out
Virtual currency Bitcoin’s largest exchange, Mt.Gox, has suspended transfer withdrawals in US Dollars for the next two weeks citing unmanageable volume.
Mt.Gox controls nearly 70 percent of the Bitcoin exchange market.
Paula Deen Controversy Hits Casinos: Buffet Boycott (Video)
The controversy surrounding celebrity chef Paula Deen and her admission of using a racial slur to describe African Americans several years ago has began to have wide reaching ramifications.
Reports of Deen wanting Black staff members to dress up as slaves for her brother Bubba’s “Old Fashion Southern Wedding” haven't helped matters either.
Top Gambling News: Zynga Downgrade, Facebook Upgrade, Wynn in Mass
These are the top gambling news stories here at Gambling911.com Sunday June 23, 2013. Follow us on Twitter here.
*Zynga and Facebook Good News, Bad News From Wall Street - Two social media companies looking to enter the real money online poker sector received important analyst updates on Friday, one good, one not so good.
Top Gambling News: Bet365 Profits Leap by a Third, Eric Lindgren Wins at WSOP
These are the top gambling news stories here at Gambling911.com Friday June 21, 2013 (Afternoon Hours Eastern Standard Time). Follow us on Twitter here.
*Bet365 Sees Huge Profit Increase - Britain's biggest online bookmaker, Bet365, has seen profits leap by a third to £148m. This is despite the losses realized from their controlling interest in Stoke City FC.
Razer Goes All In With Online Poker
CARLSBAD, Calif.–Razer, one of the world’s pioneering supporters of e-Sports, and Marcel “The Flying Dutchman” Luske, one of the world’s most recognized and respected professional poker players, have formed an exploratory partnership to see how Razer can impact the world of online poker.
More Adelson: ‘Online Poker a Train Wreck, Toxic Cancer and Not a Game of Skill’
If you thought casino billionaire and big time GOP donor Sheldon Adelson was through with his rant regarding legalized online poker in the US, he actually decided to take things up a notch.
Speaking on Bloomberg Television Thursday, Adelson didn’t hold back. He denied any hidden agendas, referring to his initial rant on Forbes.com.
Adelson insists it’s mostly all about the potential harm inflicted on society.
Mississippi Approves Ameristar Casinos Acquisition by Pinnacle Entertainment
Pinnacle Entertainment (NYSE:PNK) announced today that the Mississippi Gaming Commission unanimously approved the Company's proposed acquisition of Ameristar Casinos.
Chris Christie Inflated Online Gambling Numbers Claims Brennan
New Jersey Governor Chris Christie released his forecast for taxes derived from online gambling over a one-year period, averaged after five years.
He anticipates the sector will take in $160 million.
Those numbers are actually down from $180 million.
But those figures might be inflated based on some other estimates.
Casino Shares Get a Haircut: Boyd Gaming Down Nearly 9 Percent
Wall Street had its single worst day of the year today (June 20, 2013) with the Dow down 350 points at closing.
The gambling sector overall saw similar declines with Boyd Gaming down nearly 9 percent on the day closing at $10.84.
Las Vegas Sands fell 4.6 percent to close at $53.88.
Ultimate Poker is Giving Away $1 Million in Cash and Prizes
LAS VEGAS, NV - Ultimate Poker is giving away $1 million in cash and prizes during Million Dollar Summer, happening now at UltimatePoker.com.
2013 World Series of Poker to Set Record for Participation: 44 Year High
LAS VEGAS - The 44th annual World Series of Poker (WSOP) at the Rio All-Suite Hotel & Casino has officially reached the halfway point, eclipsing more than a dozen records along the way and positioning this year’s slate of tournaments to become all-time highs.
We’re Not in Kansas Any More: Zynga Acquires Spooky Cool Labs
Zynga has purchased Spooky Cool Labs and the 40-person talent pool that comes with the acquisition.
Spooky Cool Labs consists of the following tech geniuses, a la TechCrunch.com:
Adelson Says Online Gambling ‘Fool’s Gold’: Wants New Federal Prohibition
One of the few casino giants opposed to legalized online gambling called the prospect of legalization “fool’s gold”.
Billionaire Sheldon Adelson, in an opinion piece on the Forbes.com website, says he “opposes the proliferation of online gambling”.
He writes:
Top Gambling News: Ultimate Poker Growth Stagnant, PokerStars Boosts Growth
These are the top gambling news stories here at Gambling911.com Wednesday June 19, 2013 (early morning hours Eastern Standard Time). Follow us on Twitter here.
Top Gambling News: Hitman Tells All in Bulger Case, Treasury Denies Bitcoin ‘Assault’
These are the top gambling news stories here at Gambling911.com Tuesday June 18, 2013 (morning hours Eastern Standard Time). Follow us on Twitter here.
Amaya to `Acquire Diamond Game Enterprises for $25m
Amaya Gaming Group announces that it has entered into a definitive purchase agreement to acquire 100 percent of the issued and outstanding securities of private, arms-length company Diamond Game Enterprises, a designer and manufacturer of gaming-related products for the global gaming and lottery industries.
Bodog President Defends Player Anonymity in Wake of Recent DOS Attacks
A recent spate of Denial Of Service (DOS) attacks has Bodog Poker Network President Jonas Odman defending his company’s decision to move towards an “anonymous” online poker model.
Bodog took some heat last year after unveiling the anonymous tables.
PokerStars Deals 100 Billionth Hand
The 100 Billionth Hand has hit! microulis69 from Greece was sat on table Euryalos XI playing some microstakes $0.02/$0.05 action, just another kid with a dream (and probably several tables open). That dream came a little closer to reality when their table froze for The Million Dollar Hand, and closer still when microulis69's J♦5♦ flopped middle pair on a A♣2♣J♣ flop. Mayers666 had a winning flush draw, MoodyMiss had two-pair outs and the other players had over cards.
PokerStars Appeals Ruling That Allows Atlantic Club Casino to Scrap Merger Deal
PokerStars parent company, the Rational Group, has appealed a ruling that allowed the financially strapped Atlantic Club Casino and Hotel to back out of a proposed acquisition.
Blackjack Casino Active User Account on Facebook Increases 5 Times in One Month
From April to May of this year, Facebook game Blackjack Casino grew its active user base fivefold. It now ranks as the number one pure play game on Facebook.
And soon you will be able to play on the go.
The iPad version is due for release in July, with iPhone and Android versions later this Summer.
Gambling911.com Exclusive Photos of Kanye West’s Beezid Girl Leyla Ghobadi
GAMBLING911.com has learned exclusively that Leyla Ghobadi, who has been extensively reported to have had an affair with rapper Kanye West is a longtime beezid girl.
She has appeared on the Howard Stern show – and works out of the Montreal offices of Beezid.com
PokerStars Chairman to Pay US Government $50 Mil to Settle Forfeiture Demands
(Reuters) - The chairman of PokerStars has agreed to pay $50 million to resolve forfeiture demands by the U.S. government connected to a money laundering lawsuit the online gambling company settled last year, court documents said.
Poker In Venice Not Paying Players: Which Connected Sites to Avoid
Struggling online poker network Poker In Venice does not appear to have the ability to pay its customers, according to reports on both TwoPlusTwo.com and PokerFuse.com.
The site is believed to owe in excess of €200,000.
Large Number of Checks From Lock Poker Delayed Batch Now Arriving
Numerous Lock Poker customers Monday began reporting receipt of checks delayed from the first quarter of this year.
Lock Poker Management told Gambling911.com they were having an issue with a particular check processor from that period.
Playboy Poker is Back With PlayboyPoker.com
PlayboyPoker.com has returned!
Spintec Roulettes –A Foot Print in Macau Market
The Regional Sales Manager of Spintec, Ms. Petra Remec, together with the Managing Director of Asia Pioneer Entertainment (APE), Mr. Herman Ng were happy to announce that Spintec for the first time will participate in the Global Gaming Expo (G2E) Asia in Macau. Ms. Petra has made a presentation concerning the new product at the Show Networking Lounge on May 21.
Aristocrat Technologies Obtains Nevada Online Gambling License
Aristocrat Technologies Australia Pty Ltd and Aristocrat Technologies Inc. have been granted an interactive gaming license from the Nevada Gaming Commission. The decision was made on the unanimous recommendation of the Nevada Gaming Control Board.
Pro Football Weekly Stops Publishing After 46 Years
The popular sports handicapping publication, Pro Football Weekly, has bid farewell after 46 years.
Though the company does maintain a website, Pro Football Weekly was never quite able to take advantage of the Web craze.
Top Gambling News: Bitcoin Exchange Mt.Gox Becoming Compliant
These are the top gambling news stories here at Gambling911.com heading into June 3, 2013. Follow us on Twitter here.