Gambling News
Expert Panel to Look at Internet Gambling in Florida
As Internet-gambling legislation struggles to gain traction at the federal level and several states debate their own i-gaming measures, prospective operators and regulators are left to wonder how, when and to what extent this highly anticipated activity will roll out. Five experts will offer their answers in a special panel discussion at the 8th Florida Gaming Congress, to be held February 25-26, 2013, at the Seminole Hard Rock Hotel & Casino in Hollywood.
Speakers on the panel titled "Internet Gaming in the US" include the following:
No Verdict Yet in Philly Mob Trial as Jurors Finish 14th Day of Deliberations
14 days of deliberations and still no verdict in the trial of Philadelphia Mob boss Joseph Ligambi.
Earlier in the day, jurors asked to hear more audio tapes from the 10-week trial, according to John P. Martin of the Philadelphia Inquirer.
Tote Bet on Fantasy Football: New BetFred Deal
Betfred has signed a deal with TotelFootball to make pool betting on fantasy football available to Totepool.com customers. This is the first deal the Tote, now owned by Betfred, has done with a third party for another pool product and is indicative of Betfred’s ambitions to take pool betting to a new level, across all sports, internationally.
US War With Antigua Reminiscent of David and Goliath
While we don’t expect US missiles to rain down on the tiny Caribbean nation of Antigua any time soon, an all out war of words has broken out between these two nations following the World Trade Organization’s granting Antigua permission to set up an online site infringing on US intellectual property.
PokerStars would Save Over 1700 Jobs in Atlantic City
The parent company of the world’s largest real money online poker room, PokerStars, is looking to purchase the money-losing Atlantic Club Casino in Atlantic City.
Philly Mob Trial Judge: Jurors Could be Forced to Work Through Super Bowl
PHILADELPHIA – (Associated Press) — A Philadelphia mob jury could work Super Bowl Sunday if the panel doesn’t reach a verdict this week in the sports betting and loansharking case.
Jurors have been deliberating over four calendar weeks, although they’ve twice had to start over when alternates replaced original jurors.
Free To Play Online Poker Room ZEN Gaming Files for Bankruptcy
One of the leading free to play online poker networks, ZEN Gaming, has filed for bankruptcy protection with its future uncertain. The company relied heavily on an ad support platform but has been met with fierce competition, mostly from real money Web poker rooms that also offer the free to play format. Still, ZEN Gaming does boast of having more than 750,000 registrants with over $100k in cash prizes awarded monthly.
New Jersey Governor Chris Christie Signs Mobile Gambling Bill Into Law
While residents wait to see if New Jersey Governor Chris Christie will sign or veto a bill to allow online gambling, he did sign into law legislation for mobile gambling at race tracks.
U.S. Hedge Fund Builds Stake in Greek Gambling Monopoly
(Reuters) - U.S. hedge fund Baupost Group has a 5.2 percent stake in Greek gambling firm OPAP, a regulatory filing showed on Tuesday, signaling foreign interest in the country's gambling monopoly before its privatization.
Boston-based Baupost Group, run by money manager Seth Klarman, unveiled the position after it exceeded a 5 percent reporting threshold under Greek law, OPAP said in the filing.
Baupost is the third investment fund holding a big stake in OPAP, which has a market value of 2.05 billion euros ($2.76 billion) on the Athens Stock Exchange.
Carbon Poker Last Man Standing Contest is Back
The Carbon Poker uber popular Last Man Standing contest has returned with over $32k in prizes to be rewarded. We have your details below and to enter visit here now.
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Americas Cardroom Pays Out Record $1.3 Million in Online Super Series II
San Jose, Costa Rica – At a time when many online poker sites across the US are scaling things back and making it harder for players to enjoy rewards, Americas Cardroom is exceeding the expectations of online poker players in a big way. The US-friendly poker site today announced that its $1 million guaranteed online poker series, OSS II, has paid out a record $1.3 million in prize pool money.
Zynga Shares Soar Ahead of Earnings Report
SAN FRANCISCO – (Reuters) - Zynga’s stock rose 14 percent on Monday as investors grew more confident that the social games developer behind "Farmville" and "Mafia Wars" will deliver a solid set of quarterly results next week.
Its shares ended trading at $2.84, up 35 cents
PokerStars Turbo Championship of Online Poker 2013 Sets Records
LONDON, UK –PokerStars player ‘frma1103’ from Sweden became the latest Turbo Championship of Online Poker Main Event champion on Sunday night winning $326,880. He topped a record field of 5,060 players in the $700 buy-in event to scoop the life-changing amount, while six other players at the final table also earned six-figure sums as part of a seven-way deal.
Breaking: WTO Authorizes Antigua to Suspend US Copyrights
In Geneva on Monday, the World Trade Organization gave permission to the tiny Caribbean nation of Antigua to suspend US copyrights as a form of relief for the US Government’s failure to abide by a WTO decision on Internet gambling.
Local authorities in Antigua may now move forward with the development of a download portal for pirated movies, television programs, CDs and games.
PokerStars Compensates Players for Zoom Debacle
The world’s largest real money online poker room, PokerStars, had a little bit of egg on its face following a 2013 PokerStars Caribbean Adventure "Zoom Challenge" that turned out to be more of a challenge for the company itself after a handful of players were deemed to have received an “unfair advantage”.
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US Issues Stern Warning Against Antigua After Threat of ‘Piracy’
(Reuters) - The United States on Monday warned the tiny Caribbean nation of Antigua and Barbuda not to retaliate against U.S. restrictions on Internet gambling by authorizing the "theft" of U.S. intellectual property.
Italy has a Billion Dollar Gambling Epidemic
The Daily Beast on Monday reported that the nation of Italy has a billion dollar gambling epidemic, no doubt fueled by the recent explosion of regulated Internet poker.
Major US-Facing Online Gambling Site Confirms Bitcoin Implemenation
Sources close to Gambling911.com have confirmed that one of the bigger names in US-facing online gambling is in the process of developing a Bitcoin platform.
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Patti Hart Purge: IGT Proxy Fight Makes the Wall Street Journal
An intense proxy fight at online gambling behemoth IGT has made it to the pages of the Wall Street Journal.
Mike Matusow Beats Phil Hellmuth in NBC Heads-Up Poker Championship
Mike Matusow beat Phil Hellmuth in the highly anticipated NBC Heads-Up Poker Championship, taking in $750k.
The National Heads Up Championship returned to the Caesars Palace Las Vegas for the period January 24-26, 2013 following a year-long hiatus. This event will be broadcast on NBC.
In a tweet sent out by Matusow, the self-proclaimed “mouth’ pondered his big win.
Mike Matusow @themouthmatusow
Dylan Honeyman Wins 2013 Aussie Millions No Limit Holdem Bounty
The transition from online poker to live poker is an interesting one. It may be the same game, but it’s an entirely different beast. Many people in the online poker community would be familiar with the name Dylan Honeyman, or better yet, by his screen name “WhiteRabbito”. In the live poker world however, Honeyman is virtually unknown. That changed today.
Adrián Mateos Díaz Wins 2013 Estrellas Poker Tour Madrid
After five intense poker action days, the Estrellas Madrid finished with Spanish player Adrián Mateos Díaz as the winner of the event. Andrián Mateos Díaz won the ESPT Madrid event for € 103.000 after making a three-way deal with runner-up Jose Alvarez Alvarez and third-placed Scotland player Richard Milne.
Lock Poker Grind for Glory $1 Million Rake Chase Announced
Lock Poker has announced its Grind For Glory 1 million dollar rake chase Saturday January 26, 2013.
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Don’t Call It Piracy: Antigua to Begin Copyright-Free US Media Downloads
The tiny Caribbean island of Antigua is set to begin selling copyright-free US movies, DVDs, CDs, games, software a more beginning this coming Monday January 28, 2013.
The move is in response to the USA’s failure to adhere to a World Trade Organization ruling made several years ago in regard to online gambling.
New Sports Betting Film ‘Life On The Line’ Free Screening at LVH (Video)
A new documentary film about sports betting is set to debut nationwide Sunday. ‘Life On The Line’ will be shown as part of a free screening Saturday January 26, 2013 (that’s tomorrow if you are catching this piece from the Gambling911.com home page) at the LVH Sportsbook’s 1500-seat showroom (5 pm Vegas time).
Sheldon Adelson’s Venetian Macau Sues Two Gamblers for $4.5 Mil Over Debts
HONG KONG — (Associated Press) - U.S. billionaire Sheldon Adelson’s flagship Macau casino is suing two mainland Chinese high rollers over debts worth millions in a case that provides a rare glimpse into the VIP culture that powers the gambling enclave.
Rafa Nadal Wins First Poker Tournament
There are some people who simply have winning in their blood. Tennis legend Rafa Nadal is one of those people, and he proved it again Wednesday as he won his very first PokerStars tournament.
Nadal beat out 47 other players in a €10 freeze-out tourney on PokerStars.es. It took him just a little more than two hours to beat the field for a €152.40 first prize.
Chaos at Philly Mob Trial But Jury Resumes Deliberations
PHILADELPHIA (Associated Press) — A jury weighing mob racketeering charges in Philadelphia is back at work after a chaotic week in which two jurors were replaced and a foreman quit the post.
Judge Shipp Sets Feb 8 as Deadline for Response in NJ Sports Betting Suit
Judge Michael Shipp has granted motions to allow all parties in a New Jersey sports betting suit until February 8 to respond to the federal paperwork filed a week earlier.
Americas Cardroom Sets $200k Guaranteed OSS II Main Event
San Jose, Costa Rica – The Main Event to the biggest Online Super Series Americas Cardroom (ACR) has ever hosted gets underway this Sunday January 27th at 7:00pm ET. The $200,000 GTD Prize Pool caps off the largest online poker tournament series that the US facing network has ever put on. OSS II is guaranteeing $1 million in tournament prize pools this year and it is currently on track to surpass the $1 million mark.
