Business & Financial
Camasino.com Webcam Poker: Play Live or With an Avatar, Free or Real Cash
Camasino.com offers its proprietary webcam online poker to those living in the US (free-to-play) and much of the rest of the world (real money or free-to-play). Camasino.com now operates one of Canada’s largest land-based poker rooms, the Camasino Poker Club (formerly Snake’s Club), just outside of Montreal.
DOJ Confirms it has Possession of Absolute Poker Software Platform
PokerFuse.com is reporting that the US Department of Justice confirmed receipt of a copy of shuttered Absolute Poker’s software platform last week from Korean developer Quad Dimensions.
PokerStars Details Plans for Full Tilt Poker Re-Launch and Payments to Players
ONCHAN, ISLE OF MAN – PokerStars revealed details of its plan to repay $184 million to former customers of Full Tilt Poker outside of the United States of America and announced that FullTiltPoker.com will re-launch during the first week of November.
Efforts to Improve Atlantic City Starting to Pay Off
ATLANTIC CITY, N.J. – (Associated Press) - New Jersey officials say a wide-ranging effort to improve Atlantic City is starting to pay off, from new private investment in non-casino attractions to a $20 million advertising campaign that's beginning to change negative perceptions about the seaside gambling resort.
Military Aircraft Delivers ‘Thirty Tons’ of Computer Equipment From Full Tilt Poker
A military aircraft landed on the Isle of Man late last week packed with “thirty tons” of computer equipment from Full Tilt Poker en route to the offices of PokerStars, which operates from that island nation.
PokerStars acquired Full Tilt Poker this summer and is set to pay back non-US players owed monies from the company for over a year.
From PokerFuse.com:
New Online Poker Room Poker Rebel to Welcome US Citizens Beginning November 1
A new online poker room is set to launch November 1 that will target primarily North American and South American customers, including those in the US.
The site’s name is PokerRebel.com and has roots in Brazil, one of the world’s fastest growing economies. The room will be offered in both English and Portuguese. Its slogan is “Join The REBELution”.
The site has been in development since March of this year.
Further details were upcoming.
Cake Poker Migrating US Players to Juicy Stakes Poker
Cake Poker is set to announce that US “real money” players will be migrated Juicy Stakes Poker, effective September 27, 2012 with a press release due out on this day. Juicy Stakes is a long standing trusted partner within the Revolution Gaming Network. This news was first reported by CardsChat.com and has since been confirmed by Cake itself. Details will be announced in the coming days.
Numis Upgrades William Hill
Numis Securities Limited has upgraded William Hill from reduce to hold Friday with the target up from 250p to 310p.
William Hill, Great Britain’s largest bookmaking operation, announced its intention earlier in the week to purchase rival Sportingbet as part of a joint venture with another firm. The proposed acquisition would be arranged through an entity of William Hill and not William Hill Online, which is a joint venture with Playtech Ltd.
More recently, Hill entered into acquisitions with Nevada-based sports betting businesses such as American Wagering Inc.
Gambling911.com Exposes ‘The Myth of the Bookmaker’
One of the great myths of bookmaking is that a bookmaker needs to balance the betting action on a game in order to make a profit.
It's a lot tidier, of course, when that happens, but it's not necessary.
In fact, not only can the wagering action be uneven and the bookie still profit, it can be downright lopsided and he'll still make money.
Three More Companies Approved for Online Poker in Nevada
LAS VEGAS – (Associated Press) - Nevada gambling regulators have approved licenses for three companies to run Internet poker sites in the state.
The Nevada Gaming Commission on Thursday approved American Casino & Entertainment Properties LLC for an interactive gambling operator's license.
The company owns the Stratosphere hotel-casino and tower on the Las Vegas Strip.
Adelson Unveils Plan for New Eiffel Tower Replica Macau Casino
(AFP) - Las Vegas casino boss Sheldon Adelson on Thursday unveiled plans to build a scaled down replica of the Eiffel Tower as part of a new $3 billion gambling resort in Macau.
The Las Vegas Sands Corp. chief spoke publicly for the first time about the new development as he opened a Sheraton hotel in the second phase of his latest $4.4 billion resort, the Sands Cotai Central, itself only five months old.
Microgaming Primary Beneficiary of Entraction Exodus
Two online poker rooms have announced they will be moving from the IGT/Entraction poker network to Microgaming.
BetVictor and iGaming both announced the move following Entraction’s announcement that they will no longer be servicing the European market due to a regulatory stranglehold occurring in many of the Eurozone nations.
Zynga Shares Climb Nearly 4 Percent: Another Executive Leaving
Zynga Inc (NASDAQ:ZNGA) shares increased 3.35 percent to $3.18 after acquiring San Mateo, California-based game maker A Bit Lucky Inc.
The news is bittersweet as yet another executive has confirmed they are leaving the company.
Nils Puhlmann, Zynga’s chief security officer, will be stepping down after a three year stint with the company.
Zynga’s share price has lost approximately 70 percent of its value in recent months.
- Aaron Goldstein, Gambling911.com
How to Fund Your Online Gambling Account
While some countries strictly forbid online gambling of any kind while others have placed tight restrictions, the vast majority allow such activity, which has helped turn Web gambling into a multi-billion dollar industry. Virtual betting accounts allow one to play online poker for free or open sports wagering accounts for the sole purpose of recruiting other real money players from around the would whereby you, as the account holder, receive a cut of your player's revenue and/or deposits. Below you will find a number of commonly used methods for depositing and withdrawing funds from your
Overhyped Stadium Poker Tour Scaled Back After Failing to Meet Expectations
The International Stadiums Poker Tour (ISPT) has been scaled back and might not even happen at all, according to organizers.
From PokerFuse.com:
Nevada Gaming Control Board Chairman Mark Lipparelli Leaving His Post
Nevada Gaming Control Board Chairman Mark Lipparelli has confirmed he is resigning as chairman of the state's three-member regulatory panel at the end of this month. He has served on the Board for four years.
[Play Online Poker for Free or Real Money Here - Claim Up to $600 in Cash]
William Hill in Joint Bid for Sportingbet
(Reuters) - William Hill is considering making a joint bid for Sportingbet, with Britain's biggest bookmaker keen to get its hands on the online gaming firm's lucrative Australian operations.
William Hill and Sportingbet's smaller online rival GVC Holdings said on Wednesday in response to a recent rise in Sportingbet's share price that they were considering making a joint offer for the company.
More Spent on Maryland Gambling Campaign Than Was Spent on 2012 Governor’s Race
In total, casino operators and those opposed to development of a casino in Prince George’s County, Maryland, have spent a total of $19.4 million on the gambling expansion campaign.
Maryland residents are set to vote on this gambling expansion in November.
US-Facing Online Poker Rooms do Traffic Switcheroo
Three of the leading US-facing online poker rooms/networks are just on the cusp of breaking into the top 10 this week with Revolution Gaming (Lock Poker, Cake Poker) already at the number 10 spot according to traffic monitoring website, PokerScout.com.
Amaya Gaming Reportedly Looking to Acquire Ongame from Bwin.Party
eGaming Review Magazine was reporting that Canadian online gambling software provider Amaya Gaming was about to announce the acquisition of Bwin.party’s poker network Ongame.
Specific details of the arrangement have yet to be announced.
Bwin.party, the world’s largest real money online gambling firm, has been looking to unload Ongame for some time.
Maine Oxford Casino Expansion Under Consideration
AUGUSTA, Maine (Associated Press) — Final approval of an expanded gambling area at Maine’s newest casino is being considered by the state Gambling Control Board.
At its regular meeting Tuesday, the board will consider approving an expansion to the Oxford Casino, which opened in June in the western Maine town of Oxford.
The casino now has 529 slot machines and 12 table games including blackjack, craps and roulette.
It’s hoping to add 10 more table games and hundreds more slot machines in October.
Feds Dispute Cardroom International’s Rights to Full Tilt Poker Software
The US Government has filed a response to Cardroom International’s assertion that it has rights to control Full Tilt Poker’s software. Full Tilt Poker, which was acquired by PokerStars this summer, is set to come back online the first week in October.
Cardroom had previously filed a Civil Racketeering Influenced and Corruption Organization Act (RICO) suit alleging wrongdoing by Full Tilt Poker and PokerStars last month.
Snow Job: ‘New’ Owners of Defunct Online Poker Room Purple Lounge Speak Out for First Time
The “new” management of Media Corporation, parent company of the now defunct online poker site Purple Lounge, have spoken out for the first time about the long established Web card room’s closure.
In an interview with InfoPowa, Management admitted that the handling of Purple Lounge’s closure has not been particular smooth.
Pamela Anderson Wants to Challenge for Top Tier Spot in Online Poker Market with BamPoker
Actress and activist Pamela Anderson is the face behind BamPoker, a social gaming company looking to secure the number two spot in the online poker market by next year.
“We are looking to build a community,” noted Elton Pereira, Co-founder and CEO of BamPoker.
Zynga, the world’s number one free-to-play online poker social gaming site may be talking “real money” gambling now, Bam is happy with the “free play” model for the time being.
Bookies Make a Killing on Week 3 of College Football
Sure Alabama dismantled Arkansas as the most wagered on side of the week, but the bookies won just about every important game aside from this one during Week 3. Bet on the NFL and College Football online at Bookmaker.eu here and receive up to $2500 in FREE CASH (restrictions apply) - Mobile and iPad compatible.
>
Asian Gambling Boom Targets Filthy Rich
(Associated Press) - In the Philippines, a $4 billion casino will soon rise from reclaimed land on Manila Bay. In South Korea, foreign investors are expected to break ground next year on a clutch of casino resorts offshore. And on the eastern edge of Russia, authorities plan a resort zone aimed at drawing Chinese high-rollers.
New Jersey Ok’s Plan for Mohegan Sun to Run Resorts Casino in Atlantic City
Absent from the Atlantic City casino market for more than 30 years, Native American tribes have recently turned a close eye on the seaside gambling resort, with two tribes taking very different paths.
On Friday, New Jersey regulators gave approval to the Mohegan Tribal Gaming Authority to run the day-to-day affairs of Resorts Casino Hotel and to buy 10 percent of the company. The decision came just two days after the Seminole Indians scrapped a plan to build a new "boutique" casino, citing the poor economy and cutthroat competition from gambling halls in neighboring states.
UBS Rogue Trader Labeled as ‘Naked Gambler’
(Reuters) - Former UBS trader Kweku Adoboli put the Swiss bank's survival at risk through naked gambling that risked up to $12 billion, cooking the books and lying to his bosses until his "pyramid of fraud" collapsed, a British court heard on Friday.
Adoboli, 32, is on trial by jury in London accused of fraud and false accounting that in the end cost UBS $2.3 billion. He has pleaded not guilty.
Phil Hellmuth Auctions Off Prize - Himself
Poker pro Phil "Poker Brat" Hellmuth Jr. recently held an auction to auction off a very valuable prize.
The prize was--Phil Hellmuth!
Yes, in what could be a new low in egomaniacal behavior by a poker player, even a self-styled publicity-seeking "brat," Hellmuth has auctioned off himself!
And what value does the "Poker Brat" assess to a night of his company?
How does $25,000 strike you?
All can be forgiven in this case, however, because Hellmuth did it for charity.
So what was the prize exactly?
Poker Pro David Benyamine Now on Board with International Stadiums Poker Tour
The Groupe Bernard Tapie funded International Stadiums Poker Tour has brought on yet another powerful spokesperson in the form of David Benyamine.
The event, slated to begin next May, is forecast to bring in some 30,000 players from around the globe who will play from the stands online. The field will then dwindle down to a specified number who will play live. To date, only 3337 players have registered, a mere fraction of the 30,000 goal.
