Gambling News
Pros Could Start Buying Up Condos in NYC, Philly With NJ Online Poker
With news Thursday that the New Jersey Senate had passed a bill to legalize online gambling by a margin of 33-3, one has to wonder about a positive economic impact that may not have initially been entered into the equation: a real estate boom!
New Jersey Senate Gives Final Approval to Internet Gambling Bill
As was to be expected, the New Jersey Senate voted in favor of a bill legalizing Internet gambling in the Garden State.
S1565, an act authorizing Internet wagering at Atlantic City casinos under certain circumstances and amending and supplementing the "Casino Control Act", P.L.1977, c.110 (C.5:12-1 et seq.). passed in the Senate almost unanimously, 33-3.
William Hill Acquires Sportingbet: Expands Into Australia
LONDON - (Reuters) - William Hill, Britain's largest bookmaker, expanded into the large Australian gambling market when it and partner GVC Holdings agreed a 485 million pound ($789 million) deal for Sportingbet on Thursday.
William Hill is paying 454 million pounds for its share of the deal - giving it Sportingbet's Australian operation and an option to acquire its Spanish business.
Smaller partner GVC will take on the remaining businesses, which are in countries where regulation is less clear cut and investment risks are higher as a consequence.
Breaking News: Online Gambling Bill to Receive Final Approval Today
ATLANTIC CITY — (Associated Press) - New Jersey lawmakers are expected to give final approval Thursday (December 20, 2012) to a bill legalizing Internet gambling within the state's borders.
Hero Poker Latest to Leave Merge Network: Player Accounts to be Transferred
As the Merge Gaming Network continues its consolidation process as a means of becoming more lean and stronger, the latest skin to make an exit in so many weeks is the boutique online poker room, Hero Poker.
PokerStars and Casino Gran Madrid to Open New Poker Room
Onchan, Isle of Man - PokerStars, the world’s largest online poker site, has reached an agreement with Casino Gran Madrid, the biggest casino in Spain, for a new state-of-the-art PokerStars-branded poker room at Casino Gran Madrid, which will deliver the highest-quality live poker experience.
Bodog Poker Announces Anonymous Poker Series
To celebrate the Bodog Poker Network’s (BPN) creation of the first network made in Asia for Asia, Bodog will embark on a year-long poker series in 2013. The Anonymous Poker Series will comprise of both live and online events, to showcase the BPN’s unique product offering. January 2013 will also see the BPN’s newest B2B partners join the network.
WSOP Europe Moving to Paris in 2013
The WSOPE announced this week that it will have a new venue in 2013 – beautiful Paris, France. The World Series of Poker Europe had been hosted in Cannes, France over the past two seasons.
Defense Rests in High Profile Philadelphia Mob Trial
PHILADELPHIA (Associated Press) — They won’t be going home for Christmas, but several accused mobsters appeared upbeat Wednesday as their racketeering trial in Philadelphia nears an end.
Black Chip Poker Announces New Time Bank Feature
The latest online poker site to join the Winning Poker Network is letting everyone slow things down when facing a difficult decision. Black Chip Poker has just announced its new Time Bank feature, available in all tournaments and at all cash tables. The Time Bank gives players extra time to decide whether to fold, call, raise, or go all in, and it's available at all poker tables—including cash tables and tournaments.
Full Tilt Poker Head Howard Lederer Forfeits $1.25 Mil, Several Properties
Howard Lederer, the one time part owner of Full Tilt Poker, has settled with the US Government, agreeing to forfeit $1.25 million in bank accounts and a number of real estate properties.
BetCRIS.com Announces Major Acquisition
San Jose, Costa Rica -- BetCRIS.com, one of the leaders in the online gaming industry, announced the acquisition of all BookMaker.eu non-US accounts.
Cash Transfers to be Reinstated at Lock Poker at Start of January
Lock Poker announced on Tuesday it was in the final stages of re-implementing its popular cash transfer deposit and withdrawal methods with a target date two weeks from today (or early January 2013).
888Sport Stops Taking Sports Bets From Australia
888Sports.com announced on Tuesday it will no longer be taking sports bets from those customers residing in Australia. The company will continue to offer online poker to those living in Australia.
Affiliates of 888Sport.com received the following email:
PartyPoker Now 2nd Most Trafficked Poker Network with Bwin Transition Complete
Following the completed integration of Bwin on the PartyPoker network, Party has now surpassed Full Tilt Poker as the 2nd most trafficked online poker network in the world, according to tracking site PokerScout.com.
Federal Judge Wants Leagues to Show Potential for ‘Damage’ by NJ Sports Betting
A Federal judge will decide Friday (December 21, 2012) whether the professional sports leagues and NCAA have legal standing to bring a suit against the state of New Jersey, which has announced its intention to begin licensing sports betting operations the early part of next month. New Jersey. Governor Chris Christie earlier in the year signed into law a measure that would legalize sports betting in the Garden State.
Antigua Disappointed with WTO ‘Nonaction’ Against US re Online Gambling Dispute
GENEVA, Switzerland – Antigua and Barbuda has told the World Trade Organization (WTO) that it is disappointed that it has not been allowed to raise its ongoing dispute with the United States on Internet gambling, despite the matter being before the world body for many years.
Antigua and Barbuda’s High Commissioner to London, Carl Roberts, addressing the WTO Dispute Settlement Body on Monday, said that the Baldwin Spencer administration had submitted to the WTO Secretariat a request for the matter to be included on the agenda for deliberation.
BetIslands.com, EZ Street and 7RedSports.com to Shut Down: 'Money Man' Pulls Out
SBRForum.com confirmed Tuesday morning what many hard core sports bettors already feared, that BetIslands.com will be shutting down and stiffing its relatively small but high end customer base.
William Hill Deadline to Acquire Sportingbet Extended
(Reuters) - William Hill , Britain's largest bookmaker, has been given more time to finalise a 485 million pound ($785 million) takeover of rival gambling group Sportingbet.
The companies have provisionally agreed a cash and shares deal which would value Sportingbet shares at 56.1 pence each. William Hill is making a joint bid with smaller betting firm GVC Holdings .
The deadline for a formal offer to be submitted has been extended until Friday, December 21, the three companies said on Tuesday. It had been due to expire later on Tuesday.
PokerStars Turbo Championship of Online Poker Returns January 2013
LONDON, UK – PokerStars today released the schedule for the second annual Turbo Championship of Online Poker (TCOOP) series, which will take place from January 17-27, 2013 and guarantee $15,000,000 in tournament prizes – $5,000,000 more than in 2012!
Cake Poker Announces Great Online Poker Holiday Promos for 2012-2013
From December 20th through January 1st Cake Poker is running Holiday poker tournaments offering over $40,000 in cash and prizes. The Holiday Gold promotion will include special events including daily Turbo FPPs and Gold Card earning sessions, Value-Added Tournaments as well as exclusive Gold reward buy-in events. Learn More Here
Sports Bettors Fear the Worst as BetIslands Payout Issues Mount
Sports bettors were on edge following reports that tiny BetIslands.com may be on its way to shutting down.
Gambling Industry Will be Hit Hardest by Fiscal Cliff
LAS VEGAS (Associated Press) One of the nation's top credit rating agencies is warning that the gambling industry will be among the hardest hit if the White House and Congress fail to avert the so-called "fiscal cliff."
Moody's Investors Service issued a report Monday saying the gaming, automobile and lodging industries will suffer the most from the across-the-board spending cuts and tax increases that will result if budget negotiations stall.
Moody's says the gambling sector would suffer disproportionally because it is "entirely" dependent on discretionary spending.
New Jersey Online Gambling Bill Passes in Assembly
The New Jersey Assembly on Monday passed a bill that would legalize online gambling for the state’s nearly 9 million residents. A final vote is due in the state Senate on Thursday. Governor Chris Christie has up to 45 days in which to sign the bill once it comes out of Senate.
The final vote was 48 yes, 24 no and 4 abstain.
Black Chip Poker Payouts: Some Now Coming in Under a Week
Good news for customers of Black Chip Poker awaiting payouts. With the move to the Winning Poker Network, a few BCP customers have begun reporting payments in under a week’s time.
From the TwoPlusTwo.com posting forum:
Re: ***OFFICIAL BlackChipPoker Thread***
RPM Poker Taken Over by Merge Gaming Network
The Merge Gaming Network has reportedly taken control of RPM Poker, one of the online poker skins on its network. RPM account holders have the option of transferring their funds to either the Sportsbook family of online poker rooms, which includes PlayersOnly, or to Carbon Poker.
Doc Sports Head Morris “Doc” Moseman Passes Away
One of the legendary sports handicappers, Wisconsin-based Morris “Doc” Moseman, passed away over the weekend. Moseman died peacefully at the University of Wisconsin Hospital with his family by his side.
Jennifer Larson Lock Poker CEO Happy With Happy Hour Promo
Lock Poker CEO Jennifer Larson has declared the return of their uber popular Happy Hour promo “a massive success”.
Happy Hour returned earlier this month after a brief hiatus after Lock Poker moved from Merge Gaming and started its own network. The promo brings double points to Lock customers Monday, Wednesday and Friday between the hours of 2 pm and 6 pm GMT.
“We are excited to be bringing back Happy Hour,” said an ecstatic Larson earlier in the month.
Judge To Ask Jury About Slaying Amid Philadelphia Mob Trial
PHILADELPHIA (Associated Press) — A judge plans to ask jurors about a suspected mob-linked slaying that took place Wednesday, just hours after prosecutors wrapped up a mob racketeering case.
Fifty-year-old victim Gino DiPietro has been mentioned in the two-month trial of alleged Philadelphia mob boss Joseph Ligambi and six others.
Dismal Outlook for Atlantic City Casinos Good for Online Gambling Prospects
The New Jersey state Assembly is set to vote Monday on a measure that would legalize online gambling. The measure is expected to move through the Assembly and Senate without problem as there is little opposition this second go-around.
