Gambling News

New Online Poker Room Poker Rebel to Welcome US Citizens Beginning November 1

A new online poker room is set to launch November 1 that will target primarily North American and South American customers, including those in the US.

The site’s name is PokerRebel.com and has roots in Brazil, one of the world’s fastest growing economies.  The room will be offered in both English and Portuguese.  Its slogan is “Join The REBELution”. 

The site has been in development since March of this year. 

Further details were upcoming.

Submitted by Ace King on, Sep/22/2012

2012 Emmy Awards Odds Taken Down as Irregular Betting Pattern Noted

Carrie Stroup advised Gambling911.com that Sportsbook.com has removed its odds on the 2012 Emmy Awards, at least temporarily.  The reason:  Suspicious betting activity. 

Submitted by Jordan Bach on, Sep/22/2012

Cake Poker Satellite Winner JaksonGalaxy Busts Out by Sam Trickett at English Poker Open

Jeff “JaksonGalaxy” McKeown busted out of the 2012 English Poker Open in 31st place, eliminated by one of the greats in the game, England’s Sam Trickett.

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McKeown qualified for the big tournament via satellites for the English Poker Open using the last 3 Gold Chips on his Cake Poker account

Submitted by Nagesh Rath on, Sep/22/2012

Cake Poker Migrating US Players to Juicy Stakes Poker

Cake Poker is set to announce that US “real money” players will be migrated Juicy Stakes Poker, effective September 27, 2012 with a press release due out on this day.  Juicy Stakes is a long standing trusted partner within the Revolution Gaming Network.  This news was first reported by CardsChat.com and has since been confirmed by Cake itself.  Details will be announced in the coming days. 

Submitted by C Costigan on, Sep/21/2012

Daniel Negreanu Reacts to ‘Howard Lederer Files’: ‘Several Comments Blatant Lies’

The always outspoken Daniel Negreanu reacted to the so-called “Howard Lederer Files”, a series of video interviews appearing on the PokerNews.com website where Full Tilt Poker’s one time part owner attempted to explain his role in events that transpired prior to and after that infamous day known as “Black Friday”.

Submitted by Nagesh Rath on, Sep/21/2012

Poker Pro and ‘Spaceman’ Jens ‘Jeans89’ Kyllönen Wins $239k: Up $660k for September

Successful Finnish poker pro Jens “Jeans89” Kyllönen won $239k Thursday playing at PokerStars high stakes PLO tables, bringing his September winnings thus far up to $660k, according to HighStakesDB.com.

Submitted by Ace King on, Sep/21/2012

Numis Upgrades William Hill

Numis Securities Limited has upgraded William Hill from reduce to hold Friday with the target up from 250p to 310p.

William Hill, Great Britain’s largest bookmaking operation, announced its intention earlier in the week to purchase rival Sportingbet as part of a joint venture with another firm.  The proposed acquisition would be arranged through an entity of William Hill and not William Hill Online, which is a joint venture with Playtech Ltd.

More recently, Hill entered into acquisitions with Nevada-based sports betting businesses such as American Wagering Inc.

Submitted by Aaron Goldstein on, Sep/21/2012

Gambling911.com Exposes ‘The Myth of the Bookmaker’

One of the great myths of bookmaking is that a bookmaker needs to balance the betting action on a game in order to make a profit.

 

It's a lot tidier, of course, when that happens, but it's not necessary.

In fact, not only can the wagering action be uneven and the bookie still profit, it can be downright lopsided and he'll still make money.

Submitted by Thomas Somach on, Sep/20/2012

Three More Companies Approved for Online Poker in Nevada

LAS VEGAS – (Associated Press) - Nevada gambling regulators have approved licenses for three companies to run Internet poker sites in the state.

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The Nevada Gaming Commission on Thursday approved American Casino & Entertainment Properties LLC for an interactive gambling operator's license.

The company owns the Stratosphere hotel-casino and tower on the Las Vegas Strip.

Submitted by Guest on, Sep/20/2012

Brennan Jr: ‘Why Would Senator Menendez Vote for Federal Online Poker Legislation’

Interactive Media Entertainment & Gaming Association (imega.org) head Joe Brennan, Jr. made it clear, there is more preventing passage of any online poker bill at the federal level than a simple lack of Republican votes. 

In an interview with PokerFuse.com, Brennan, Jr. noted that Democratic Senator Robert Menendez has little interest in ensuring that Senate Majority Leader Harry Reid and Republican Dean Heller’s state of Nevada controls real money Web poker on the federal front.

Submitted by C Costigan on, Sep/20/2012

Adelson Unveils Plan for New Eiffel Tower Replica Macau Casino

(AFP) - Las Vegas casino boss Sheldon Adelson on Thursday unveiled plans to build a scaled down replica of the Eiffel Tower as part of a new $3 billion gambling resort in Macau.

The Las Vegas Sands Corp. chief spoke publicly for the first time about the new development as he opened a Sheraton hotel in the second phase of his latest $4.4 billion resort, the Sands Cotai Central, itself only five months old.

Submitted by Guest on, Sep/20/2012

Mitt Romney Odds of Becoming US President Now Longest Since May

Bad news for GOP Presidential nominee Mitt Romney as Sportsbook.com has just informed us that his odds of becoming the next President of the United States are 4/1, the longest we have seen since May of this year.  The payout would be $40 for every $10 bet.  Barack Obama’s odds were now slashed to 1/4. 

Submitted by Carrie Stroup on, Sep/20/2012

Fifth Suspect in Jonathan Duhamel Home Invasion Arrested: Girlfriend to Plea Guilty

Just one day before 2010 World Series of Poker Main Event winner Jonathan Duhamel’s former girlfriend is expected to plead guilty in the brazen December armed robbery of his home, a fifth suspect has been apprehended and faces eight criminal charges.

The yet-to-be-identified suspect is believed to have been the getaway driver that day.  Charges include armed robbery; illegal confinement; issuing threats; mischief; breaking and entering; and conspiracy.

Submitted by Ace King on, Sep/20/2012

Microgaming Primary Beneficiary of Entraction Exodus

Two online poker rooms have announced they will be moving from the IGT/Entraction poker network to Microgaming.

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BetVictor and iGaming both announced the move following Entraction’s announcement that they will no longer be servicing the European market due to a regulatory stranglehold occurring in many of the Eurozone nations.

Submitted by Aaron Goldstein on, Sep/20/2012

Poker Pro Phil Galfond Sues Business Partner Over ‘Immensely Successful’ Website

Professional poker player Phil Galfond has sued former business partner William F. Murphy of Austin, Texas claiming he failed to pay him his fair share of profits from their “immensely successful” poker website, Bluefirepoker.com. 

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Submitted by Ace King on, Sep/20/2012

Zynga Shares Climb Nearly 4 Percent: Another Executive Leaving

Zynga Inc (NASDAQ:ZNGA) shares increased 3.35 percent to $3.18 after acquiring San Mateo, California-based game maker A Bit Lucky Inc.

The news is bittersweet as yet another executive has confirmed they are leaving the company.

Nils Puhlmann, Zynga’s chief security officer, will be stepping down after a three year stint with the company.

Zynga’s share price has lost approximately 70 percent of its value in recent months. 

- Aaron Goldstein, Gambling911.com

Submitted by Aaron Goldstein on, Sep/20/2012

Antigua May Use ‘Unspecified Means’ to Force US Hand in Online Gambling Dispute

The Caribbean island nation of Antigua raised the stakes Wednesday in its long standing World Trade Organization dispute with the US Government over its policies on Internet gambling.

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Submitted by Gilbert Horowitz on, Sep/19/2012

How to Fund Your Online Gambling Account

While some countries strictly forbid online gambling of any kind while others have placed tight restrictions, the vast majority allow such activity, which has helped turn Web gambling into a multi-billion dollar industry.  Virtual betting accounts allow one to play online poker for free or open sports wagering accounts for the sole purpose of recruiting other real money players from around the would whereby you, as the account holder, receive a cut of your player's revenue and/or deposits.  Below you will find a number of commonly used methods for depositing and withdrawing funds from your

Submitted by Guest on, Sep/19/2012

Online Gambling Payment Processor Gets 36 Months Behind Bars

Donald Hellinger has been sentenced to 36 years behind bars for illegally transmitting $44 million in overseas Internet gambling winnings to US citizens through a defunct Bucks Country company during the years 2005 and 2006.

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Submitted by C Costigan on, Sep/19/2012

Greece Hikes Gambling Taxes

ATHENS (Reuters) - Greece will hike taxes on OPAP <OPAr.AT>, the state-controlled betting agency slated for privatization, following rivals' complaints to the European Commission that tax provisions of Greek gaming legislation favored the company.

The move triggered a sharp drop in shares of OPAP - one of Europe's biggest listed gambling companies - and sent the stock plunging more than 18 percent as investors took fright at the size of the levies.

Submitted by Guest on, Sep/19/2012

Breaking News: Full Tilt Poker Exec Nelson Burtnick Pleads Guilty

NEW YORK – (Associated Press) - A Canadian man who once led the payment processing at two online poker companies pleaded guilty Wednesday to conspiracy and gambling charges, agreeing to cooperate in the government's crackdown on the businesses.

Nelson Burtnick, of Vancouver, entered the plea before a magistrate judge in U.S. District Court in Manhattan, where several others have already pleaded guilty to similar charges. He is among nearly a dozen people charged in a case that shut down U.S. operations of the three largest poker companies.

Submitted by Guest on, Sep/19/2012

Overhyped Stadium Poker Tour Scaled Back After Failing to Meet Expectations

The International Stadiums Poker Tour (ISPT) has been scaled back and might not even happen at all, according to organizers.

From PokerFuse.com:

Submitted by Ace King on, Sep/19/2012

Gambling Industry Spends Heavy in New York

ALBANY, N.Y. — (Associated Press) - A new report says gambling interests spent nearly $50 million on lobbying and campaign contributions in Albany since 2005 and that the flow is accelerating as New York considers the expansion of casino gambling.

The advocacy group Common Cause, which favors public campaign financing, says it tallied $40 million worth of lobbying by gambling interests from 2005 through June 2012 and $7.1 million in campaign contributions.

Submitted by Guest on, Sep/19/2012

Nevada Gaming Control Board Chairman Mark Lipparelli Leaving His Post

Nevada Gaming Control Board Chairman Mark Lipparelli has confirmed he is resigning as chairman of the state's three-member regulatory panel at the end of this month.  He has served on the Board for four years.

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Submitted by Aaron Goldstein on, Sep/19/2012

William Hill in Joint Bid for Sportingbet

(Reuters) - William Hill is considering making a joint bid for Sportingbet, with Britain's biggest bookmaker keen to get its hands on the online gaming firm's lucrative Australian operations.

William Hill and Sportingbet's smaller online rival GVC Holdings said on Wednesday in response to a recent rise in Sportingbet's share price that they were considering making a joint offer for the company.

Submitted by C Costigan on, Sep/19/2012

USA Today: Replacement Referees Provide Perfect Ingredient for Game Fixing

Gambling experts claim that the current situation with replacement referees in the NFL has created an environment ripe for corruption, according to Robert Klemko of USA Today

Submitted by Tyrone Black on, Sep/18/2012

More Spent on Maryland Gambling Campaign Than Was Spent on 2012 Governor’s Race

In total, casino operators and those opposed to development of a casino in Prince George’s County, Maryland, have spent a total of $19.4 million on the gambling expansion campaign.

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Maryland residents are set to vote on this gambling expansion in November.

Submitted by Ace King on, Sep/18/2012

The Howard Lederer Files: Full Tilt Poker Frontman Speaks Out in 7-Hour Interview

Poker News was scheduled to begin publishing the first segment of what it is calling “The Howard Lederer Files” (or “The Lederer Files” for short) beginning today Tuesday September 18, 2012.

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Submitted by Ace King on, Sep/18/2012

Antonio Esfandiari: B***ed a B-List Actress, Had Sex With Two Women at Once

The world’s biggest money earner in poker, Antonio Esfandiari, appeared on the Howard Stern Show Tuesday morning discussing his successful poker career and how poker has helped him quite a bit with the ladies.  Esfandiari won the biggest cash in poker history at this summer’s Big One For One Drop:$18.3 million. 

Submitted by Ace King on, Sep/18/2012

Nebraska State Senator Pleads Guilty in Gambling Probe

Nebraska State Senator Brenda Council has plead guilty to two misdemeanor charges of violating campaign finance laws in connection to gambling.

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Council admitted to making 36 withdrawals totaling $63,000 from her campaign account for the purpose of gambling. $36,000 of those funds were ultimately returned. 

Submitted by Gilbert Horowitz on, Sep/18/2012

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