Gambling News
‘Hangover’ Director to Take Over ‘The Gambler’ From Martin Scorsese
Todd Phillips has been announced as the replacement for Director Martin Scorsese of the upcoming Paramount Studios film “The Gambler”.
Phillips is perhaps best known for directing “The Hangover”.
Thiel Sells 20 million Facebook Shares After IPO Lockup Expired
NEW YORK — (Associated Press) - Peter Thiel, one of Facebook’s earliest investors and a member of its board, was among the insiders selling stock in the social network after a lockup expired last week.
A regulatory filing on Monday said that Thiel, a former CEO at PayPal sold about 20 million shares of Facebook through affiliates such as his Founders Fund and other entities last week. The shares were sold on Thursday and Friday for between $19.27 and $20.69, for a total of about $396 million.
Shocking Study Finds More Young Boys Gambling Than Ever Before
10 percent of young boys have gambled before the age of 16, a shocking study commissioned by the University of Tasmania education faculty revealed on Monday. Subjects 14 to 17-year-old across Tasmania were used as part of gambling study Weighing up the Odds.
Heritage Sportsbook Joins the Winning Poker Network: First Time to Offer Online Poker
One of the oldest online sportsbooks, the member referral Heritage Sports, has just joined the Winning Poker Network. A number of top sportsbooks utilize the network including Bookmaker.com, BetDSI.com, betCRIS.com and 5Dimes. Americas Cardroom is Winning Poker Network’s marquee brand.
‘Run It Twice’ Could Debut on PokerStars in September: Reduces All-In Variance
PokerStars, the world’s largest real money online poker room, is reportedly set to introduce “Run It Twice”, a popular feature of high stakes poker games.
From PokerFuse.com:
Unshuffled Cards a Costly Headache for Atlantic City
Wayne Parry, Associated Press
ATLANTIC CITY, N.J. (Associated Press) — At first, it seemed like a coincidence, the kind of thing that happens from time to time at a casino, where the same number or same sequence of cards happens twice in a row.
But when the players at an April game of mini-baccarat at the Golden Nugget Atlantic City kept seeing the same sequence of cards dealt, over and over and over again, their eyes grew wide and their bets grew bigger, zooming from $10 a hand to $5,000.
Professional Poker Player Nancy Todd Wants Control Over Arkansas Casinos
Professional poker player Nancy Todd is looking to control casinos in four Arkansas counties via a ballot proposal, the Associated Press was reporting on Monday.
Todd said that she was required to submit a new proposal after Secretary of State Mark Martin found that the measure improperly omitted a reference to a state gambling law that would be repealed.
The ballot wording was ruled to be “unfit” by Martin’s office last week and will issue a new ruling on the amended ballot wording within the next 15 days.
Hollywood Casino Columbus Scheduled to Open in October (2012): Biggest in Town
COLUMBUS —(Associated Press) - Developers are ready to provide a peek on Monday at the new Hollywood Casino Columbus, which will offer gambling in the state capital as the third and largest of four casinos approved by voters.
Playtech, iPoker Internet Poker Network’s Teddy Sagi to Float Energy Company Genesis
Teddy Sagi, the Israeli billionaire who founded online gambling software firm Playtech and its Web poker network iPoker, is set to float his energy company on London’s AIM this week.
Genesis Energy, a Middle East focused gas explorer, is 40 percent owned by Sagi.
It is his intent to raise between $90m-$120m through the Initial Public Offering, valuing the group’s equity at as much as £500m.
If successful, the IPO would be the largest on Aim this year.
Obama Still Winning Wisconsin in US Presidential Race: Romney-Ryan Close (Latest Odds)
Sportsbook.com has US President Barack Obama still leading in the odds to win the state of Wisconsin at 5/7 though the Mitt Romney/Paul Ryan GOP ticket is getting much closer at 11/10 Monday.
Will Julian Assange Be Arrested by British Police: Latest Betting Odds (Video)
Intrade.com has just released a new market over the weekend on whether Wikileaks founder Julian Assange will be arrested by British police following word that the nation of Ecuador has granted the controversial activist/publisher political asylum in its London embassy.
9th Ranked Poker Pro Dan Smith Wins 2012 EPT Barcelona €50,000 Super High Roller
American Dan Smith has been declared the winner of the 2012 EPT Barcelona €50,000 Super High Roller event.
Smith takes home over US$1 million for his efforts.
The win means Smith, a Las Vegas resident, has pocketed just shy of $3 million in lifetime tournament earnings offline. He has 6 cashes and this is Smith’s second 1st place victory.
Aku Joentausta Leads After Day 1A of 2012 EPT Barcelona Main Event
A total of 222 players made it through Day 1a of the €5,000 EPT Barcelona Main Event today, from the 403 who started at lunchtime. The chip leader is Finnish PokerStars qualifier Aku Joentausta with 236,200.
Seven members of Team PokerStars Pro are still in: Lex Veldhuis, Juan Manuel Pastor, Pius Heinz, Sebastian Ruthenberg, Henrique Pinho, Marcin Horecki and Matthias De Meulder.
The cap for Day 1b is set at 630.
Lorenzo Sabato Wins 2012 Estrellas Poker Tour Barcelona
After five intense days of poker action, Italian player Lorenzo “bovediroma” Sabato has become the first Estrellas Barcelona Main Event champion. Sabato won the €200,000 first prize after defeating Russian player Andrey Demidov heads-up; Demidov took €122,500 for his runner-up place and Sweden’s Niclas Svensson took home €76,500 for third.
Viktor ‘Isildur1’ Blom on Fire With Another $317k Online Poker Win
The Swedish poker wunderkind is on fire these days, winning yet another $317k.
That’s the take Viktor “Isildur1” Blom walked away with over the weekend playing against Great Britain’s Alex "Kanu7" Millar.
Blom engaged in an eight hour $100/$200 NLHE heads up marathon match with PokerStars leading NLHE money winner for the past two years.
EPT Barcelona 2012 Super High Roller Final Table Sees Eric Seidel, Ilari Sahamies
One of poker’s biggest earners, Eric Seidel, is looking to tack on another $1 million and change as he has made the EPT Barcelona 2012 Super High Roller Final Table.
Also making the cut is online Finnish phenom Ilari Sahamies
American Dan Smith previously won three €5k NL events in a row during last season's EPT Grand Final and is among those who has made the EPT Barcelona 2012 €50,000 Super High Roller.
JC Alvarado of Mexico leads the pack.
New Jersey Sen. Ray Lesniak to Discuss Legalizing Sports Betting, Online Poker in State on ESPN
Sunday 6 am EDT with Jody Mac (ESPN New York Live Streaming Here) - 20 minutes with New Jersey State Senate Raymond Lesniak discussing the legalization of sports betting in the Garden State and the recent lawsuit filed on behalf of the major sports leagues to try and prevent this from happening.
Revel in Atlantic City Loses Money First 3 Months of Operation: Other AC Casinos See Profit
ATLANTIC CITY, N.J. (Associated Press) — Atlantic City's newest casino lost $35 million in its first three months of operation, while the gambling resort's other 11 casinos posted an increase in gross operating profit.
In a report issued Friday by the state Division of Gaming Enforcement, Atlantic City's casinos excluding Revel showed a 12.5 percent increase in profit from the same period in 2011, from $136 million to $153 million.
However, revenues at the 11 casinos fell about 8 percent compared to 2011's second quarter, from $855 million to $785 million.
Software Developer Executives Arrested in Connection with ‘Online Gambling Scheme’
Several executives from a Fort Worth, Texas software development company have been arrested Friday and charged with money laundering, felony gambling and organized criminal activity.
The company, HEST Technologies, claims to develop promotional systems for sweepstakes cafes, Internet cafes and nonprofit organizations.
Authorities allege the company's "sweepstakes" systems constitute illegal gambling devices by claiming to sell a lawful service as a means to induce people into gambling.
Facebook Shares Hit Another All Time Low
By Alexei Oreskovic
(Reuters) - Facebook Inc (FB.O) shares sank as much 4.3 percent on Friday to set a new low, a day after early investors got the green light to sell for the first time.
More than 270 million shares owned by the early investors became available for trade on Thursday after a 3-month curb on sales ended. That's more than one-half the 421 million shares sold in its initial public offering on May 18. [ID:nL2E8JG39E]
Steve O’Dwyer Leads at EPT Barcelona €50,000 Super High Roller 2012
America pro Steve O’Dwyer is leading the EPT Barcelona €50,000 Super High Roller with 36 players remaining from the 54 who started the day. After eight levels of play, O’Dwyer was in good shape with a massive chip stack of 1,249,000, almost double his next rival, fellow American Erik Seidel. O’Dwyer, who hails from Pennsylvania, had a stonking year during last year’s EPT season, including runner-up finishes in the EPT London Main Event and the EPT Campione €10,000 event.
Facebook Freeroll: 4 Packages to Punta Cana Poker Classic Guaranteed Sunday
August 19, 2012 Americas Cardroom customers can take part in a massive Facebook Freeroll online poker tournament. The reward will be one of four free entries into the magnificent Punta Cana Poker Classic this coming November.
Jake Gyllenhaal to Star in Latest Gambling Flick ‘Mississippi Grind’
Hollywood star Jake Gyllenhaal is getting set to film the latest gambling themed film, “Mississippi Grind”.
The directing duo of Ryan Fleck and Anna Boden are behind the project. Both previously directed Ryan Gosling to a best actor Oscar nomination for “Half Nelson”.
Hollywood Reporter provided a description of the upcoming film:
Friends: ‘All Michael Phelps Thinks About is Gambling’
Friends of Olympic swimmer Michael Phelps claim the record gold medal winner “only thinks about gambling” these days, more specifically about playing poker.
Gambling911.com just the other day featured a report on Phelps desire to become a poker pro.
Zynga Poker Coming to Nokia Asha Touch Devices
Nokia today announced they will bring Zynga Inc.'s global hit games, Draw Something and Zynga Poker, to Nokia Asha Touch devices in Q3 2012 as part of their partnership announced earlier this summer. Nokia Asha Touch users can soon challenge their friends to a round of the popular social drawing and guessing game, or enjoy their own virtual poker match. Zynga's Draw Something and Zynga Poker will both be free to download from the Nokia Store.
Chicago is Latest Site for a Reality Pawn Show
Chicago, previously known for the likes of Al Capone, Michael Jordan and Steve Bartman, is the latest locale for a reality TV show about a family-owned pawn shop.
First came the History Channel's "Pawn Stars," about day-to-day goings-on at a Las Vegas pawn shop.
The show was so successful--it's History's top-rated program--that rival network truTV ripped off the idea and created "Hardcore Pawn," about the daily antics at a Detroit pawn shop (it's truTv's top-rated show).
Estrellas Poker Tour Barcelona 2012 Beats All Records With Total Prize Pool €1,004,920
The Estrellas Poker Tour 2012 continued today as an astonishing 664 players started on day 1b, of which 41 qualified online with PokerStars.com. Casino Barcelona plays host to this event, and for its first time in the Catalan capital, the tour has broken all the previous records: - A total of 1036 players which makes Estrellas Poker Tour Barcelona the biggest poker tournament ever organised in Spain and the second biggest PokerStars.com European regional tournament of all time.
Jackson County Casino in Cherokee, North Carolina Begins Offering Live Games
As part of a compact that gives the state a portion of revenues from new live games, the Harrah’s owned Jackson County Casino began offering live blackjack at 12 tables this past Wednesday.
The 15-year-old casino on Cherokee Tribal land had previously only offered electronic variations of casino games.
Facebook Hits New Low as IPO Lock-Up Ends
SAN FRANCISCO – (Associated Press) - Facebook's stock plunged to a new low Thursday after the expiration of a ban that had prevented some early investors and insiders from dumping millions of additional shares they own in the social-networking leader.
Howard Lederer Parties it Up in Las Vegas as DOJ Now ‘Flush With Full Tilt Poker Money’
Wendeen H. Eolis of Poker Player Newspaper was the first to reveal that great news was on tap for those owed monies by Full Tilt Poker. She’s proven to be an excellent resource for the poker community.
On Thursday, Ms. Eolis reveals that the “face behind Full Tilt Poker” over the past several years, Howard Lederer, was seen partying it up in Las Vegas after the deal was made official.
