Gambling News
Chris ‘Jesus’ Ferguson Settles With DOJ Over Full Tilt Poker Ponzi Scheme
Poker pro and one time part owner of Full Tilt Poker has settled with US authorities who accused him of participating in an elaborate ponzi scheme.
The DOJ accused Ferguson and three other directors of draining approximately $444 million of customer funds into their own personal bank accounts over a period of several months.
Fahrenkopf on Christie’s Obama ‘French Kiss’, House Web Poker Bill in 2 Weeks
Appearing on the Ralston Report Tuesday evening, outgoing American Gaming Association chief Frank Fahrenkopf blasted New Jersey Governor Chris Christie for what he called an “overboard” reaction to US President Barack Obama’s visit to the Garden State following Super Storm Sandy’s massive destruction.
“He kissed him. He didn’t have to French-kiss him. I think he went overboard.”
Revel Casino in Atlantic City to File for Bankruptcy Protection
ATLANTIC CITY, N.J. (Associated Press) -- Revel, the casino many people had hoped would turn around Atlantic City's sagging fortunes, said Tuesday that it will file for Chapter 11 bankruptcy protection in March, less than a year after it opened.
The voluntary, prepackaged bankruptcy envisioned for late March will wipe away about two-thirds of its $1.5 billion in debt by converting more than $1 billion of it into equity for lenders.
Kevin DeSanctis, Revel's CEO, said the restructuring will give the casino resort more flexibility to operate.
Best Actress Odds – 2013 Oscars: We Have Another ‘Lock’ With Jennifer Lawrence
Jennifer Lawrence was a huge -3000 odds favourite to win Best Actress at the 2013 Oscars for her role in “Silver Linings Playbook”. Bookmaker was offering all Academy Awards betting odds here.
Miami Hurricanes 23-3 Against The Spread So Far This Season
Savvy sports bettors have been making out big in College Basketball on the Miami Hurricanes.
The Hurricanes have gone 23-3 Against The Spread thus far this season, winning nearly 80 percent for gamblers.
New Reality Show Seeks Vegas-Based Poker Pros With Big Houses
A new reality series called “Four Houses” is looking for a few poker pros who own mansions in and around the Las Vegas area.
Associate Casting Producer Russell Berman described the basic premise for the TLC program.
PokerRoom.com Shuts Down Again
A year after it reopened. Ongame skin PokerRoom.com has shut its doors once again.
Customers can move their funds to parent company party.bwin, which has assured them that their funds are safe.
A forum community associated with PokerRoom.com, Pokah, has also been shuttered.
No advance warning was apparently provided.
PokerRoom.com initially launched in 1999 and was one of the very first online poker rooms. It was purchased by Bwin in 2005 prior to that company’s merger with PartyGaming.
- Aaron Goldstein, Gambling911.com
IGT Employee: ‘I Feel Like a Battered Wife Who Can’t Leave My Husband’
CEO forces staff to drink liquid concentrate forms of coffee while she insists on having her's freshly ground. Does not talk to employees face-to-face.
As if the situation weren’t complicated enough with a proxy battle underway at IGT, the world’s largest slots manufacturer employees have begun reaching out to Gambling911.com offering their own personal horror stories as to what it is like working for the beleaguered gaming firm.
Alabama Casino VictoryLand Raided
MONTGOMERY, Ala. Alabama Attorney General Luther Strange announced Tuesday morning that gambling machines and cash were seized at VictoryLand casino in Macon County.
VictoryLand’s developer and others involved with the casino were charged last year with vote selling. The casino had previously been shut down in 2010 after a crackdown by then-governor Bob Riley.
A release from Strange's office made mention of a months-long investigation into electronic bingo machines that authorities determined were illegal.
- Gilbert Horowitz, Gambling911.com
2013 Oscars Odds for Best Actor has Daniel Day Lewis a ‘Lock’
Looking for 2013 Oscar odds for Best Actor? Bookmaker has them but be prepared to pay a steep price.
Daniel Day-Lewis is the big favourite at -10000, meaning you will need to bet $100 to win a single dollar. Ouch!
World Series of Poker May Name Event After Lakers Owner Jerry Buss
With Los Angeles Lakers owner Jerry Buss passing away on Monday from cancer, it was announced the avid poker player will be honored by the World Series of Poker. One WSOP event may even be named after him, according to a statement issued to TMZ.com.
“At the appropriate time, we will seek to ask the family to honor [Jerry's] legacy by possibly naming our WSOP Seven Card Stud Championship after him or awarding the victor a special perpetual trophy in his honor.
Americas Cardroom’s MOSS II Series ‘Wildly Successful’
Just in time for President's Day, Americas Cardroom is handing out more Benjamins than everyone expected. The online poker site confirmed that the first weekend of its MOSS II series was wildly successful, with almost $21,000 more paid out than what had been guaranteed. The Mini Online Super Series II resumed Monday at 10am, events running until 10pm ET.
Poker Maximus IV – Final Day Recap
Poker Maximus IV at Carbon Poker concluded on Sunday with four great Main Events that had over $300K in guaranteed money up for grabs. All four events were marathons that went well into the early hours of the morning and for those that were lucky enough to last that long, they were rewarded quite handsomely for their great play. Here’s how each event broke down:
Hart Attacked! Forbes Stops Short of Calling IGT CEO ‘Incompetent’
A Forbes.com piece published online Monday questions whether Patti Hart can maintain her post as CEO of the world’s largest slot manufacturer IGT.
Hart is currently embroiled in a nasty proxy battle with Jason Ader, whose group is attempting to place three of its own handpicked individuals on the IGT board and, presumably, remove Ms. Hart.
Playing With Fire: Dozens of Credit Cards Compromised at ICE Gambling Event
Dozens of attendees at this month’s ICE online gambling event in London, England have reported that their credit cards had been compromised.
ICE, or International Casino Exhibition, is one of the largest and most comprehensive b2b gaming exhibitions held during the year. The 2013 event took place February 5 thru 7.
The cards were reportedly compromised via smartphone usage at the event itself.
Attendees reported suspicious charges they themselves did not attempt.
PokerStars Now Refers Poker Players to Morningside Recovery After G911 Story
Following Gambling911.com’s Senior International Correspondent Jenny Woo’s interview with Morningside Recovery’s gambling addiction specialist Dr. Elizabeth Waterman, Psy.D, the world’s largest online poker site, PokerStars, has begun referring their own pros to this prestigious organization.
Poker Maximus IV – Day 10 Recap
The last Saturday of Poker Maximus IV at Carbon Poker brought four new winners to the series as players at Carbon get ready for Sunday’s big day of Main Events.
Las Vegas Review Journal Picks Up on G911 IGT-Bringit Exclusive
The IGT proxy fight is getting uglier by the day, even with a national holiday occurring in the States.
The Las Vegas Review Journal picked up on Gambling911.com’s exclusive whereby IGT CEO Patti Hart failed to disclose material information to all investors that a Silicon Valley-based investment bank where her husband is a top executive oversaw the slot machine maker's purchase of a small social gaming technology company last year.
Morningside Recovery Center: Stop Watching Woo and Put Away Sock Puppet!
Morningside Recovery Center, the national renowned rehab center that Gambling 911 revealed treated Poker pro Erick Lindgren to overcome his gambling addiction with a specified program for him allowing him to stay in control of the gambling which he does for a living has recently completed a survey which makes us think too many out there are thinking about resident MILF Jenny Woo (pictured).
Pope Betting Odds Released by Bookmaker: Country of Origin, Age
Bookmaker has gotten in on the next Pope betting odds, offering prices on his country of origin and age. Gambling911.com can also, for the first time, get a glimpse of where the action is leaning.
Poker Maximus IV – Day 9 Recap
The final Friday of PM IV at Carbon Poker had three different forms of poker available to players as a NL Hold’em, Stud8 and PLO tournament were played out. With over $75K in prized paid out on this day there was no shortage of cash up for grabs as three new winners were crowned in PM IV.
Americas Cardroom $500,000 MOSS II Poker Series Kicks Off
Valentine's Day might be over, but Americas Cardroom is giving poker players 500,000 big reasons to love them—for the remainder of the month. The wildly successful Mini Online Super Series kicks off today, featuring a $500,000 guaranteed prize pool spread out over 100 events. Buy-ins for MOSS II start at just $2+0.20. On Sunday there will be a $75,000 guaranteed on the table in a $100+9 event.
Poker Maximus IV – Day 8 Recap
Carbon Poker’s Poker Maximus IV series crowned three new winners during Thursday’s action and with over $17K alone going to those respective winners, there was no shortage of prize money available to poker players on this day. Here’s how each event wrapped up. Join Carbon Poker Here
Why Zynga Fell Hard Tuesday: Abusive Short Selling Uncovered
Just after Gambling911.com reported on how online gaming company Zynga had been flying high on the stock market, its share price collapsed by nearly 12 percent with volume three times the norm.
Pope Madness 2013: Introducing the Pope Bracket
With Pope Benedict retiring, bets are being taken on who will be the next Pope. And then there are Pope brackets.
An Iowa company has put together a bracket to keep track of all the possibilities. They have included the top 16 choices (based on Vegas odds).
Ashton Kutcher: ‘I Once Ran Nation's Biggest Sports Syndicate’
“Two and a Half Men” star Ashton Kutcher confessed in an interview with Esquire Magazine that he once ran the largest sports betting syndicate in the US.
Kutcher claimed he used his “dumb” persona to his advantage.
Poker Maximus IV – Day 7 Recap
Carbon Poker’s Poker Maximus IV tournament series continued on through Wednesday as three more very good poker players finished the day with a tournament title in hands and big pay days in their pockets. Two of the three tournaments were of the No Limit Hold’em variety well the third was the more traditional fixed limit Hold’em. Here’s how the three winners capped off their success:
Play Online Poker at Carbon Poker Here
Event #21: $45,000 Guaranteed NLH – ($100+9 buy-in)
Ex-San Diego Mayor $1 Billion in Gambling Losses
Former San Diego Mayor Maureen O’Connor took $2 million from a nonprofit foundation to feed a gambling addiction in which she lost more than $1 billion over an eight-year period, federal prosecutors said Thursday.
US Feds, New Jersey to Argue Before Judge About Sports Betting in State
TRENTON (Associated Press) — New Jersey’s efforts to offer legal sports gambling are being put to the test in federal court.
Attorneys for the state and the U.S. Department of Justice are scheduled to argue Thursday in Trenton over whether a federal law restricting sports betting to four states is unconstitutional.
Betable Says Real Money Gambling in UK ‘Well Beyond Expectations’
Betable, a new company that allows mobile gaming companies to convert their free games into real money, claims the “experiment” is working and has been “well beyond expectations”.
Currently, Betable.com is only allowing real money play only in the United Kingdom.
From VentureBeat.com:
Betable’s aim is to disrupt traditional land-based casinos and online gambling by making it extremely easy for companies to convert their non-real-money gambling games into gambling titles.
