Gambling News
Will Take Charge Preakness Odds
Will Take Charge Preakness odds were at 11/1. He was seeing 10 percent of the betting action at Bookmaker, with some of the sharpest customers on the planet. Bet on the 2013 Preakness Stakes at Bookmaker and receive up to 8 percent cash back daily, WIN or LOSE.
Judge Rules That Atlantic Club Casino Can Seek New Buyer
(Associated Press) - After paying an $11 million advance to a struggling Atlantic City casino it intended to buy, the parent company of the world's largest online poker website was left with nothing for its troubles Friday when a judge ruled the casino had the right to scrap the deal.
Superior Court Judge Raymond Batten said The Atlantic Club Casino Hotel could terminate the contract it signed with The Rational Group, the British parent company of PokerStars, when the company failed to get New Jersey's preliminary approval by April 26 to own a casino.
iGaming Super Show Amsterdam 2013 Lands GCB’s AG Burnett as Speaker
iGaming Business have announced that AG Burnett, Chairman of the Nevada State Gaming Control Board (GCB), will be speaking at the iGaming Executive Conference. This C-level, invite only event is one of the seven concurrently-held conferences that take place on June 12th as part of the iGaming Super Show, which is being held in Amsterdam on the 11th – 14th June 2013.
Paul Leggett, Phil Hellmuth Absolved From Wrongdoing in UB.com Poker Scandal
On the surface, it would appear that both former UB.com COO Paul Leggett and poker pro Phil Hellmuth have been absolved from any wrongdoing in a much publicized UB.com online poker insider cheating scandal.
Max Altergott Wins €100,000 Super High Roller at EPT Grand Final 2013
German online high-stakes cash game player Max Altergott had never cashed in a live poker event before, but today he took down the prestigious €100,000 Super High Roller event at the PokerStars and Monte-Carlo®Casino EPT Grand Final for a massive €1,746,400 first prize.
The other six players to make the money were Canadian Sorel Mizzi, Altergott’s roommate here in Monaco, who finished third, WSOP bracelet winner Timothy Adams, PCA High Roller runner-up Vladimir Troyanovskiy, PCA Super High Roller winner Scott Seiver and WSOP-E High Roller champion Mike Watson.
Lock Poker Accelerates Payouts
Following an exclusive Gambling911.com interview with Lock Poker CEO Jennifer Larson this week, Lock Poker has begun to accelerate payouts to customers after a prolonged period of what it deemed to be “processing delays”.
Skrill payouts for those residing outside the US began coming in even for the maximum amount of $10,000. There were even reports of Skrill payouts being received within one week of the initial requests.
Tim Tebow Twitter Followers Odds Now Up
Carrie Stroup here with the latest odds offered by Sportsbook.com.
They are now offering odds on the number of Twitter followers Tim Tebow will have by June 30, 2013. The OVER/UNDER is 2,305,200.
Gambling911 World Exclusive: The Russ Hamilton Recordings, Who Knew What
The poker community listened with fascination and disgust this week, after Russ Hamilton's personal assistant, Travis Makar, released audio of secretly recorded meetings between Ultimate Bet founders and lawyers.
Partouche Online Poker Parts Ways, Closing Shop
France online poker venture, Partouche, is shutting down.
The company announced plans to cease existence effective next month (June 2013).
Partouche cited France’s stringent tax code, combined with a limited player pool, as reason for its failure.
Asia Pacific Poker Tour Macau Season 7 Schedule Released
The PokerStars.net Asia Pacific Poker Tour (APPT) has released its APPT Macau* Season 7 schedule (see below), which will take place at 'PokerStars LIVE at the City of Dreams' from June 7-16.
Ware is he Now: Former WSEX.com Owner Lives in German Brewery
A co-founder of now defunct World Sports Exchange (WSEX.com), Hayden Ware, is living quite the intoxicating life, Gambling911.com can report.
Hidin' Ware?
Ware and his German-born wife now reside in a converted German brewery.
The Wares paid around 655,000 euros (about $890,000) for the 3,230-square-foot space located in Berlin.
Whether any of that money belongs to players of WSEX.com is unknown as Ware’s involvement in the shuttered online gambling company during its later years remains somewhat of a mystery.
Tribes in California Craft Own Draft Legislation for Internet Poker
Tribes in the state of California have put together their own draft legislation to legalize online poker.
The proposal would allow Tribal casinos and the state’s 88 card rooms to license Web poker sites.
The Pechanga Band of Luiseno Indians near Temecula and the Agua Caliente Band of Cahuilla Indians in the Coachella Valley are currently pushing the draft legislation.
State Senator Rod Wright (D-Ingelwood) has introduced his own bill (Senate Bill 51) that would permit horse tracks to hold such licenses.
Atlantic City Revel Casino Gets Reprieve
ATLANTIC CITY, N.J. (Associated Press) — Revel was given a second chance Wednesday from New Jersey casino regulators, and now it’s seeking the same thing from customers.
In winning a reprieve, the bankrupt casino acknowledged several big mistakes, including preventing its guests from smoking; not paying enough attention to slots players; and booking too many hip acts at the expense of other forms of entertainment.
Macau New Resort Casino Approved
HONG KONG (Associated Press) - Macau casino operator SJM Holdings has received official approval to build a new resort in the world's biggest gambling center.
SJM said its contract for land in the Cotai district was published Wednesday in the official government gazette. The company is racing to catch up with rivals like Wynn Resorts and MGM.
The new projects are centered on the Cotai Strip, a patch of former swampland intended to be Asia's version of the Las Vegas Strip.
DOJ Freezes Accounts Between Bitcoin Exchange and Dwolla: Maryland Center Stage
The US Department of Justice on Tuesday froze accounts belonging to one of Bitcoin’s most prominent exchanges, Mt. Gox.
Tiger Woods to Host $10k Buy-in Poker Tournament This Weekend
The world number one golfer Tiger Woods is set to host a $100,000 buy-in poker tournament this coming weekend in Las Vegas.
The two-day charity tournament, known affectionately as “Tiger Jam”, has raised approximately $14 million to benefit college access programs of the Tiger Woods Foundation.
Poker pros joining Tiger will include Doyle Brunson, Phil Hellmuth and Mike Sexton, among others.
Iovation Investigated by Nevada Officials: Company Linked to Poker Cheating Scandal
Nevada State Gaming Control Board Chairman A.G. Burnett has stated in an email that regulators are looking into identification verification firm Iovation and its relationship to licensed online poker company UltimatePoker.
Iovation had ties to an insider cheating scandal at UB.com, a now defunct online poker site.
Minted Poker Moves to Fledgling Plutos Poker Network
Everleaf Poker Network’s flagship room, Minted Poker, has jumped ship to the newly started Plutos Poker Network.
Minted has offered a 100 rakeback deal to long time Minted Poker players who have been unable to play as a result of Everleaf’s reported insolvency. The company claims that Everleaf owes it a substantial amount of money.
Hedge Fund Tycoon Talal Shakerchi Loses £850,000 in Poker
A London tycoon, Talal Shakerchi, has lost more than £850,000 in a poker game held over the past weekend.
The 49-year-old head of hedge fund, Meditor, staked 500,000 euros (£424,112) along with five other players for an unofficial game at the European Poker Tour in Monaco this past weekend.
Jason Mercier Leads at Final Table of 2013 Super High Roller EPT Grand Final
Team PokerStars Pro Jason Mercier, who bust the Main Event in seventh place two days ago for €137,000, is chip leader for the final table of the PokerStars and Monte-Carlo®Casino EPT Grand Final €100k Super High Roller.
Mercier, who also won the Open Face Chinese tourney for €48,000 at the start of the festival, leads a star-studded final which includes PCA Super High Roller champion Scott Seiver, Vladimir Troyanovskiy, who was runner-up in the PCA $25k High Roller and EPT Barcelona Super High Roller finalist Mike Watson.
Verdict Reached in Las Vegas Sands Case
LAS VEGAS (Associated Press) — A Las Vegas jury has reached a verdict in a Hong Kong businessman's breach-of-contract lawsuit against the Las Vegas Sands, potentially bringing nine years of litigation to an end.
Richard Suen sued the casino giant run by multibillionaire Sheldon Adelson for $328 million in 2004. He says the company owed him for his help securing a lucrative gambling license in the Chinese territory of Macau, the only place in that country where casino gambling is legal.
Paul Leggett Hiring by Amaya Under Review by Nevada Gaming Commission
Former UB.com COO Paul Leggett has been tagged as the next head of gambling firm Amaya but the Nevada Gaming Commission might not be too happy.
UB.com closed shop following a 2011 indictment by the US Government owing millions of dollars to players.
The website LegalPokerSites.com begged the question, with so many other folks from the online gambling sector unemployed, why bring on Paul Leggett?
Atlantic Club Claims it Knew Nothing About PokerStars Running Afoul of US Law
Responding to a lawsuit filed by PokerStars, Atlantic City casino The Atlantic Club insists it knew nothing about PokerStars legal problems in the United States despite extensive mainstream press surrounding the matter.
Interview With Lock Poker CEO Jennifer Larson Part II
Gambling911.com continues its interview with Lock Poker CEO Jennifer Larson, who addresses the departure status of two pros. Additionally, Ms. Larson responds to concerns over Lock’s communications process, which she describes as a “work in progress”.
In case you missed Part I of this interview, you can find it here.
Blue Monday’ Online Gambling Beneficiaries Jailed, Forced to Resign
It’s been nearly two years since close to a dozen online gambling domain names were seized as part of a payment processing sting operation.
Jason Mercier Leads Super High Roller EPT Grand Final 2013
Team PokerStars Pro Jason Mercier, who bust the Main Event yesterday in seventh place, is chip leader in the PokerStars and Monte-Carlo®Casino EPT Grand Final €100k Super High Roller at the end of Day 1. Mercier has 1,183,000 with Sorel Mizzi currently second with 885,000. There were 41 players today, with seven re-entries. 30 players made it through Day 1 but those who were eliminated today have until play starts tomorrow at noon to re-enter.
Phil Hellmuth, Annie Duke Revealed as Part Owners of Defunct UB.com Poker Site
Shocking revelations have come out over the past week regarding poker pros Phil Hellmuth and Annie Duke’s affiliation with shuttered UB.com. While both were well known as the faces behind the company, taped conversations released in recent days shows that the two players actually had part ownership in UB.com.
Spate of Casino Kidnappings has Officials, Gamblers Worried
The number of casino crimes in Macau jumped during the first quarter of 2013. These include a rise in kidnapping reports.
From Macau Business Daily:
Crockford’s Claims Phil Ivey Exploited Cards: Won’t Pay £7.8m in Winnings
Following news that poker pro Phil Ivey has sued London’s oldest casino, Crockford’s, that establishment has fought back claiming that Ivey won £7.8m by 'reading' the back of cards.
Crockford’s refuses to pay out the £7.8m. Ivey insists he did nothing wrong.
The Daily Mail explained how the alleged scheme transpired:
John L. Smith: Allowing Sports Betting Investor Groups in Vegas Carries Some Risk
John L. Smith, a columnist for the Las Vegas Review Journal, offered his assessment of a planned move to allow investment groups or syndicates to place large wagers in the state of Nevada.
