Business & Financial
William Hill Having Tough Time Getting Nevada License: Under Intense Scrutiny
One of the United Kingdom’s biggest bookmakers is having a rough go at breaking into the US market.
European companies are looking to forge relationships with US-based casinos in an effort to get a leg's up in the critical US regulated online gambling market....once it opens up.
Sheldon Adelson Done With Newt Gingrich: ‘He’s at the End of His Line’ (Video)
In an interview featured on the Jewish Journal Thursday, casino magnate Sheldon Adelson essentially said that Newt Gingrich’s campaign to become the GOP US Presidential nominee is over.
Foxwoods $2 Billion Debt, FBI Probe
(Associated Press) - - For two decades, the Mashantucket Pequots lived like Indian gambling royalty. Luxury cars abounded on their tiny, gated reservation of colonial and ranch-style homes in the woods of southeastern Connecticut.
Casino Hires Robert De Niro as Celebrity Flack
You talkin' to me?
A casino in South Korea hopes you'll be listening!
The Paradise Walker-Hill Casino in Seoul, South Korea, has announced that it has hired actor Robert De Niro to serve as a paid celebrity spokesman for the casino.
The casino, which is South Korea's oldest and is open to foreigners only--meaning no South Koreans are allowed in--is located in the Sheraton Walker-Hill Hotel, a luxury hotel in Seoul that is popular with tourists and foreign business people.
Merge Gaming Expected to Take Over Number 7 Spot Next Week
Merge Gaming, which has been clinging onto the number 8 spot of most trafficked online poker rooms in the world for the past few months, is likely to become the 7th largest as early as next week.
Merge and Winamax.fr were essentially in a dead heat for the number 7 spot though Winamax’s 24 hour peak traffic was still greater than that of the Merge network, which hosts a handful of Gambling911.com sponsor card rooms including Lock Poker, Carbon Poker, PDC and Aced.com.
Alderney Gaming Control Commission Publishes External Review of Full Tilt Poker
The Alderney Gaming Control Commission (AGCC) has published an independent external review of its investigation leading up to the revocation of Full Tilt Poker’s license last summer.
Full Tilt Poker was named in a US-Government indictment April 15, 2011. Executives from the beleaguered firm were charged with money laundering and bank fraud. Accounts connected to FTP were frozen. The company has not paid customers for nearly a year now.
Betfair to Introduce New Brand: Enters Fixed-Odds Market
The world’s largest betting exchange, Betfair, has announced its intention to enter the lucrative fixed-odds market.
Sportingbet Enters Partnership With Foxwoods Resort Casino
Sportingbet is now in advanced discussions with land-based operator Foxwoods Resort Casino about providing it with an online platform for intrastate poker and casino games over the coming months, such as in Connecticut, as part of a joint venture, according to a report in This Is London.
888.com Reports Full Year Earnings Nearly Doubling
(Reuters) - British online gaming company 888 Holdings' full-year earnings nearly doubled, helped by strong growth of its casino and poker offering, and the company named Brian Mattingley as chief executive.
The company, which operates 888 casino, poker, sport and bingo brands, said it planned to invest in several newly regulated markets across Europe and the United States.
More Britons prefer to stay at home, watching TV and gambling online, updates from consumer-facing companies showed, amid fears that the UK will slip back into recession.
Second Man Pleads Guilty to Charges Related to Full Tilt Poker, PokerStars Indictment
John Campos, the former vice-chairman of a Utah bank that processed payments for online poker firms Full Tilt.
Poker, UB.com and PokerStars has plead guilty to a single misdemeanor charge
WMS Industries Latest to Apply for Nevada Internet Poker License
Casino game maker WMS Industries announced Tuesday it has applied for an Internet gambling license in the state of Nevada. The Silver State became the first to legalize intrastate online poker for real money with the potential to expand beyond its borders should federal legislation be passed.
Sportingbet Looking to Re-enter US Market After Paying Fine to US Government
Reuters was reporting that Sportingbet, one of Europe’s biggest online gambling firms, has made a final payment of $6 million to the U.S. Justice Department, as per a settlement reached in 2010 over alleged illegal Internet gambling, and said that it was exploring opportunities to re-enter the market.
Sportingbet to Appeal Spanish Injunction
* Expects licence from Spanish gaming regulator by May 25
(Reuters) - British online gaming firm Sportingbet Plc said it would appeal an injunction against it sought by Spanish casino group Codere, aimed at restricting online betting and gaming in that country.
In December, the Spanish company had sought several injunctions against companies operating in the online betting and gaming industry citing unfair competition before licences under new laws were about to be issued.
Chad Elie Pleads Guilty in Full Tilt Poker, Black Friday Case
(Bloomberg) - Chad Elie, a Las Vegas man who processed payments for online poker companies, pleaded guilty to a scheme to deceive banks into processing hundreds of millions of dollars in Internet gambling transactions.
Elie, 32, was one of one of 11 people charged last April by prosecutors in the office of Manhattan U.S. Attorney Preet Bharara in a revised indictment against the founders of PokerStars, Full Tilt Poker and Absolute Poker.
Oh The Irony: Rick Santorum Banner Ads Appearing on Poker Site
GOP Presidential candidate Rick Santorum is opposed to pornography, contraception, heavy metal music and most forms of gambling, especially the Web kind, yet shockingly his banners began appearing on the popular TwoPlusTwo.com poker forum in recent weeks, right along side a thread questioning why members of that forum should be asked to support someone who supports Internet poker prohibition (which is precisely what the tower banner we saw was asking the forum community to do)
Laurent Tapie Relocates to Dublin to ‘Take Over Full Tilt Poker’
Laurent Tapie, the man behind the supposed deal to acquire shuttered Full Tilt Poker, has reportedly moved to that company’s Dublin base where he will reopen FTP for European players. Tapie’s firm, Group Bernard Tapie, operates out of France.
Full Tilt Poker is now going on one year owing customers millions of dollars after it had several bank accounts seized by US authorities. An indictment was handed down against two company executives charging them with bank fraud and money laundering. Full Tilt’s licensing arm eventually pulled the plug on the company last summer.
Illinois Lottery Tickets Now Sold Online: First State to do so
Illinois became the first state to begin selling lottery tickets online Sunday.
Full Tilt Poker, PokerStars, UB.com Given Extension by US Attorney
The US Attorney for the Southern District of New York has given online poker sites Full Tilt Poker, PokerStars and UB.com an extension deadline of May 14, 2012 in which to respond to an amended civil complaint.
Everest Poker Sees Sharp Decline
Everest Poker, the world’s 19th largest network, and 7th if combining its French website, reported a sharp decline in revenue over the past year.
No Dash Poker From Merge
There is no Dash Poker coming to the Merge Gaming Network as previously reported on this website and elsewhere, Gambling911.com can now confirm.
Fred Wallin Becomes Sports Handicapper for Gambling911.com
Thomas Somach announces Gambling911.com’s new sports handicapping platform and the introduction of picks expert and sports commentator Fred Wallin to our team.
You asked for it, and now you've got it!
Our readers have been asking us for a long time to provide them with sports handicapping selections from a top sports handicapper who is honest, successful and consistent, and now we've got them, just as March Madness is heating up!
Daniel Negreanu Calls Full Tilt Poker CEO Ray Bitar a ‘Weasel’
Last week, we were told for the umpteenth time that a deal was about to be finalized (the next day, supposedly) for the purchase of “dead weight” Full Tilt Poker, a company that has not paid its US customers in almost a year.
Days later, no announcement.
A French company, Groupe Tapie, was expected to acquire the firm (what’s left of it). Some of the ASSets (no typo with the CAPS) include the very folks that ran Full Tilt Poker into the ground in the first place - Raymond Bitar being one. We say this because he is still said to be actively involved in the sale of FTP.
Unibet to Introduce Fast Poker in Coming Month
Leading European online poker room Unibet is set to launch the new fast-paced poker platform aptly named Fast Poker within the next 30 days (April 2012).
Australian Online Poker ‘Snitch’ Daniel Tzvetkoff to Come Out of Hiding for Trial
The man many believe is solely responsible for the takedown of online poker giants, Full Tilt Poker, PokerStars and UB.com in the United States is finally about to come out of hiding, according to reports in Australian media.
Relax Gaming, Fast Poker Receives 100th Alderney License: Not Hurt by Full Tilt Poker
The 100th Alderney eGaming license has been issued and it goes to Relax Gaming, developers of the fast-paced online poker platform, Fast Poker.
Fast Poker will allow for fast play and quick transfer of a pool of player to another table upon folding their cards. Fast Poker is set to be implemented with a handful of European Internet cardrooms in the coming days including iGame, Betsson and Unbibet.
‘No Collusion’ Says Bodog Poker: Hole Cards to be Revealed
In response to concerns over possibility of collusion at Bodog Poker, the company has announced that players will now be able to request hand histories revealing hole cards.
Zoom Poker Making Waves in Online Poker Sector
Zoom Poker, PokerStars fast-paced ring game format, has been introduced in beta format this past week and it is the talk of the Internet poker world.
Not since Full Tilt Poker’s now defunct Rush Poker has a similar format been introduced.
PokerStars explains the Zoom Poker format and why it’s such a hit with players:
Managers with 40 Plus Years Experience Sacked at Star Casino
Seven mid-level managers, some with more than 40 years experience, have been sacked by Australia’s Star Casino for a breach in email policies. One of the managers reportedly forwarded an internal email revealing how the casino had apparently permitted international high rollers to gamble 24 hours straight.
Epic Fail: Poker League “Mountain of Debt” Claims Clarified by Execs
Responding to claims reported by CardPlayer.com that the Epic Poker League had left behind a “mountain of debt” as it seeks to reorganize under a Chapter 11 filing, the league’s CEO David Goldberg and Jeffrey Pollack attempted to clarify the situation in an interview with PokerNews.com.
Fast Poker vs. Zoom Poker: Two New Fast-Paced Platforms Debut
Just as PokerStars.com has unveiled its new fast-paced online poker game, Zoom Poker, a new game modeled after the now defunct Full Tilt Poker brand, Rush Poker, is set to debut on a number of European skins.
