Gambling News

Floyd Mayweather Jr Claims NFL Replacement Refs Cost Him $900k Gambling

Floyd Mayweather, Jr. lost around $900,000 gambling on NFL games and he blames the early season replacement referees.

betdsi-2500A.jpg

Submitted by Don Shapiro on, Mar/14/2013

Florida Legislature Move to Ban Internet Cafes Following Gambling Scandal

(Reuters) - The resignation of Florida's lieutenant governor, Jennifer Carroll, and the arrests of 57 people charged with money laundering and racketeering has sparked a stampede in the state legislature to shut down hundreds of "internet cafes," whose online gambling operations have been allowed to skirt the law for several years.

Submitted by Reuters on, Mar/14/2013

Steve O’Dwyer Leads for Day 5 of 2013 EPT London Main Event

EPT8 London runner-up Steve O'Dwyer is leading the final 16 going in to Day 5 of this season's £5,250 Main Event. He has 2,124,000. Also still in contention for the £700,000 first prize is EPT Grand Final champ Nic Chouity, Team 
PokerStars Pro Theo Jorgensen, Chris Moorman and Ruben Visser.

There were 647 players from 58 countries competing in the event which started on Sunday, creating a £3,137,950 prize pool. As well as their cash prize, Sunday's winner will receive a stunning watch from Slyde, the Official Watch Sponsor for EPT9 Main Events. 96 players are being paid.

Submitted by Press Release on, Mar/14/2013

Playtech’s Billionaire Founder Teddy Sagi About to See Huge Payday

With online gambling software provider Playtech entering into deals with Ladbrokes and a yet-to-be-named US casino partner, company founder Teddi Sagi is in for another big payout thanks in part to William Hill.

From the London Evening Standard:

Submitted by Aaron Goldstein on, Mar/14/2013

US Former Customers of Full Tilt Poker Closer to Getting Paid

The US Justice Department has finally appointed a claims administrator to begin paying former customers of Full Tilt Poker.

The DOJ froze accounts tied to Full Tilt Poker on April 15, 2011 – a day that would later be referred to as “Black Friday”.  FTP eventually shut down. Late last year, the US Government settled with Full Tilt Poker.

$159 million is owed to approximately 1.3 million people.

The DOJ released this statement on Wednesday:

Submitted by Ace King on, Mar/13/2013

Pasi Sormunen Leads for Day 4 of 2013 EPT London Main Event

Pasi Sormunen from Finland leads final 32 for Day 4 of the £5,250 EPT London Main Event. He has 1,578,000. Team 
PokerStars Pros Jason Mercier and Theo Jorgensen are also still in contention for the £700,000 first prize. 
There were 647 players from 58 countries competing in the event which started on Sunday, creating a £3,137,950 prize pool. As well as their cash prize, Sunday's winner will receive a stunning watch from Slyde, the Official Watch Sponsor for EPT9 Main Events. 96 players will get paid.

EPTLive will restart at noon tomorrow (Day 4).

Submitted by Press Release on, Mar/13/2013

$1 Million Taken in Pope Bets at Paddy Power

Ireland-based Paddy Power revealed on Wednesday that more than $1 million was bet on the next Pope and there is little doubt Paddy witnessed a miracle as very little of that money went towards Cardinal Jorge Mario Bergoglio of Argentina, the new Pope.

Bookmaker-2500-091412A.jpg

Bergoglio was listed at 33/1 odds at one point.

The Argentinean Cardinal was not considered among the frontrunners.

Submitted by Gilbert Horowitz on, Mar/13/2013

Knicks vs. Nuggets Betting Line at Denver -9

The Knicks vs. Nuggets betting line had Denver as a -9 point home favorite at Sportsbook.com where you can receive a FREE $100 BET.

Submitted by Carrie Stroup on, Mar/13/2013

New Pope Elected: Second Day Selection Payout Odds Were 2-1

White smoke followed by bells indicated only one thing in Vatican City Wednesday evening:  A new Pope has been chosen. Cardinal Jorge Mario Bergoglio of Argentina has been named in a shocker as he was not among the frontrunners.  He was listed at 20/1 odds.

Submitted by Gilbert Horowitz on, Mar/13/2013

More Black Smoke as Odds of First Black Pope Improve

With more black smoke on Tuesday indicating that the Papal conclave was yet to elect a new Pope, Ghana’s Cardinal Peter Turkson odds had shortened to 7/2 at PaddyPower.com

Sportsbook.com-Free-Bet-020113AL.jpg

Submitted by Gilbert Horowitz on, Mar/13/2013

Florida Lieutenant Governor Resigns Amidst Internet Cafe Gambling Probe

(Reuters) - Florida Lieutenant Governor Jennifer Carroll abruptly resigned because an Internet cafe company she once consulted for has been linked to illegal gambling, state officials said on Wednesday.

Bookmaker-2500-091412A.jpg

Carroll sent a brief note to Governor Rick Scott on Tuesday tendering her resignation and saying, "It has been an honor to have served the State of Florida in this capacity."

Submitted by Reuters on, Mar/13/2013

Intrade Irregularities Raise Eyebrows: CEO Paid Millions at Time of Death

Intrade.com’s abrupt closure this week has provided the online gambling industry with yet another black eye.  The darling of mainstream media, Intrade cited “accounting irregularities” for the shutdown.

Bookmaker-2500-091412A.jpg

Submitted by Aaron Goldstein on, Mar/13/2013

Claire Renaut Wins Bodog Anonymous Poker Series 2013 First Live Event

The first live event of Bodog’s Anonymous Poker Series (APS), held last night in London, was won by the French – other than that it was considered a huge success! Former 888Poker pro, Claire Renaut took the event, the trophy, the champagne and the first seat at the $100,000 Grand Final of the APS in Manila.

Submitted by Press Release on, Mar/13/2013

Equity Poker Network Launches

Online poker network Equity Poker Network (EPN) launching with a bang, a non-profit poker network promising to bring operators, players and affiliates a fairer future.

San Jose, Costa Rica – Online Poker Operators looking to profit even more from the game can now count on Equity Poker Network, a new cooperative non-profit poker network. EquityPokerNetwork.com, announced that operators can now sign up to a fairer future where profit and cross cage is balanced ensuring even Sports, or other operators, with mostly losing players will be winners.

Submitted by Press Release on, Mar/12/2013

British Footballer Kris Newby Accused of Stealing $17k for Gambling Habit

A British footballer has been accused of stealing $17,000 from his fiancée to fuel his gambling habit.

Lacey Maclean tweeted that 25-year-old Kris Newby, a footballer with East Thurrock United FC, stole money and jewelry less than two months after he proposed.

"The man was I was gonna marry has ---- me…Taken all my money..Savings and jewellery x," she wrote on March 10.

"Kris Newby is a liar --- gambler. He has taken over £12000 of my money n jewellery be aware #itsthetruth."

She wrote on Twitter that Newby "deserves to have nothing".

Submitted by Alistair Prescott on, Mar/12/2013

Mantas Visockis Leads at 2013 EPT London Main Event

Lithuanian Mantas Visockis is chip leader with 113 players going into Day 3 of the £5,250 EPT London Main Event. There were 647 players from 58 countries competing in the event which started on Sunday, creating a £3,137,950 prize pool. The winner on Saturday will receive a massive £700,000, as well as a stunning watch from Slyde, the Official Watch Sponsor for EPT9 Main Events. 96 players will get paid.

Submitted by Press Release on, Mar/12/2013

After Day One of Papal Conclave: Next Pope Betting Odds Get Tighter

Black smoke rose after Day One of the Papal Conclave indicating there has yet to be a selection for next Pope. 

Sportsbook.com-Free-Bet-020113AL.jpg

Submitted by Gilbert Horowitz on, Mar/12/2013

Glu Mobile Launches Real Money Gambling, Shares See 27 Percent Jump

(Reuters) - Mobile games maker Glu Mobile Inc launched its first real-money mobile gambling game through UK mobile betting game designer and operator Probability Plc, sending the U.S. company's shares up as much as 27 percent.

Online gambling is growing in popularity in the UK. Zynga Inc and Facebook Inc are also looking to tap the market through partnerships.

Zynga plans to offer real money casino games in Britain, and Facebook has said it will allow users in the UK to wager real money on its site.

Submitted by Reuters on, Mar/12/2013

Yahoo Acquisition of Zynga Rumors Diffused Somewhat After Monday Surge

Rumors that Yahoo may be looking to purchase the world’s biggest provider of free online poker have Zynga’s shares soaring in recent days.

While down around 4 percent in midday trading Tuesday, the price of Zynga’s shares had risen 10 percent during Monday’s trading. 

From the Wall Street Journal:

Submitted by Aaron Goldstein on, Mar/12/2013

UKIPT London Main Event Champ Sergio Aido Leads at 2013 EPT London

Spanish player Sergio Aido, 24, is enjoying a phenomenal London Poker Festival! Aido won the UKIPT Main Event on Saturday, beating a field of 1,099. He also chopped a £1,000 side event the night before the UKIPT final - and is now chip leader for Day 2 of the EPT London Main Event. Aido, who also won the World Poker Tour National Series in Barcelona last October, has 215,200 - some way ahead of last night's chip leader Marc-Andre Ladouceur.

Submitted by Press Release on, Mar/12/2013

PokerStars Retaliates Against AGA

Attorneys for the Rational Group, parent company of PokerStars, sent off a scathing 15-page letter responding to the American Gaming Association’s petition to try and prevent Stars from purchasing an Atlantic City casino.

The letter essentially accuses the AGA of attempting to protect its own economic interests.

PokerStars is looking to buy the troubled Atlantic Club Casino and Hotel in Atlantic City.

Submitted by Ace King on, Mar/12/2013

Hawaii, Iowa Internet Poker Bills Dead Again

Attempts to pass laws legalizing Internet poker in both Iowa and Hawaii have failed for a second time.

Both states tried passing similar legislation last year.

Hawaii’s bill failed to gain enough attention to be heard in the state’s House Finance Committee.

The State Sen. Jeff Danielson-sponsored online poker measure in Iowa failed to clear a full Senate subcommittee.

Submitted by Ace King on, Mar/11/2013

PokerStars Atlantic City Bid Still has AGA Up in Arms

(Associated Press) - A bid by the world's largest online poker website to buy an Atlantic City casino is touching off a battle with brick-and-mortar casinos that is getting very nasty, very quickly.

The Rational Group, the parent company of PokerStars, wants to buy The Atlantic Club Casino Hotel. If approved, it would mark the first ownership of an American casino by a solely-online gambling company.

Submitted by Associated Press on, Mar/11/2013

Atlantic City Revenue Down 12.5 Percent in February

(Associated Press) - Atlantic City's casinos took in 12.5 percent less from gamblers in February than they did a year ago.

Figures released Monday by the state Division of Gaming Enforcement show the city's 12 casinos took in $212.3 million.

The decline was helped by the fact that 2012 was a leap year in which February had 29 days, compared with the usual 28 this year.

Revel, the city's newest casino which will file a Chapter 11 bankruptcy petition this month, saw revenue rise to $9 million, up from $7.9 million in January.

Submitted by Associated Press on, Mar/11/2013

Report: Yahoo Could be Looking to Purchase Zynga

Shares in online poker company Zynga surged over 8 percent Monday on news that Yahoo! was possibly considering buying the company.

Cake-Square-010712.jpg

Zynga’s shares have risen over 50 percent in recent months as the games developer makes plans to enter the real money online gambling market.  So far, New Jersey, Nevada and Delaware have legalized various forms of online gambling.

Submitted by Aaron Goldstein on, Mar/11/2013

Intrade Shuts Down: Online Gambling Firm Fell on Bad Times

Troubled Dublin-based betting site Intrade.com has shut its doors.

betdsi-2500A.jpg

Customers Monday were greeted with the following message upon landing on the Intrade.com website:

With sincere regret we must inform you that due to circumstances recently discovered we must immediately cease trading activity on www.intrade.com.

Submitted by Aaron Goldstein on, Mar/11/2013

888 All American Poker Network to Become First Based in US

888 Holdings on Monday unveiled its new subsidiary, the All American Poker Network.  It will be the first US-based online poker network following 888 obtaining a license to operate out of Nevada last week.  

888 has joined forces with investment firm Avenue Capital Group.  In addition to its own portfolio of brands, land-based casino Treasure Island will be among the first to offer real money Internet poker on the network. 

Submitted by Aaron Goldstein on, Mar/11/2013

Ex-Playtech, Asian Logic Man Greg Fermont Joins Bodog Asia

With Bodog Asia growing as both an operator and B2B provider the long search for a COO to join Managing Director, Robert Gustavsson and his team is finally over.

Greg Fermont’s industry experience speaks for itself with stints at Playtech, Asian Logic and most recently Sun City. Greg brings not just gaming knowledge to Bodog Asia but also years of regional experience so vital to success in the area.

Submitted by Press Release on, Mar/11/2013

Playtech, Ladbrokes Agree To Online Gambling Deal Based on Rev Share Model

Ladbrokes, the UK’s second largest bookmaker, has entered into a five-year deal with online gambling software firm Playtech.

As part of the deal, Ladbrokes will set up a separate digital marketing team based out of Israel.

The Ladbrokes-Playtech partnership closely resembles that of William Hill’s often tense relationship with the software provider, that was severed a week ago.

Submitted by Aaron Goldstein on, Mar/11/2013

Team PokerStars Defeats Full Tilt Poker Pros

Negreanu: “Team PokerStars SCOOPS all three, winning 8 of 9  games!”  LONDON, ENGLAND  – Team PokerStars crushed  the Full Tilt Poker ‘Professionals’ in the Full Tilt v  PokerStars Heads Up contest held today at the London Poker  Festival with a clean sweep of all three matches.

Cake-Square-010712.jpg

Bertrand ‘ElkY’ Grospellier (PokerStars) defeated Victor  ‘Isildur1’ Blom (Full Tilt Poker) 3-0. 

Submitted by Press Release on, Mar/11/2013

Breaking News

Is the Double Up Game Profitable in the Long Run?

The Double Up feature is one of the most tempting elements in many slot and card-based gambling games. After securing a win, players are given a chance to multiply their earnings with a single decision—usually involving a simple risk, like guessing the color of a hidden card.