Gambling News

Tame The Beast This 4th of July: Online Poker Progressive Jackpot Will be on Fire

Tame the Beast, taste victory, because EVERYONE has a chance to get rewarded in July with hundreds of thousands in cash PLUS free tournament entries—every month at Americas Cardroom’s huge progressive jackpot

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Submitted by Guest on, Jul/04/2012

Brazilian Series Of Poker 2012 to be Sponsored by PokerStars

PokerStars é o novo patrocinador da Brazilian Series Of Poker (BSOP)

The Brazilian Series of Poker 2012 (BSOP) will now be part of the PokerStars global tournament calendar.  The world’s largest “real money” online poker site claims to have the biggest chunk of the Brazilian poker playing market. 

The first PokerStars-sponsored BSOP event will take place in São Paulo from July 26-31 at the Holiday Inn, Parque Anhembi.  Other stops will include Rio de Janeiro, Curitiba, Belo Horizonte, Fortaleza and Balneário Camboriú.

Submitted by Guest on, Jul/04/2012

Betting on the Nathan’s Hot Dog Eating Contest 2012 – Latest Odds

Correction:  4 pm EST is when the Nathan’s Hot Dog Eating Contest 2012 will air but won't be live.  Contest kicked off 12 pm EST. 

Betting on the Nathan’s Hot Dog Eating Contest 2012 was in full swing at BetOnline here.

Dave Mason of BetOnline:

Dave Mason ‏

Submitted by Jordan Bach on, Jul/04/2012

Antonio Esfandiari Wins Big One For One Drop at World Series of Poker

American poker pro Antonio Esfandiari has won the Big One For One Drop at the World Series of Poker 2012. Esfandiari and Sam Trickett were vying for the biggest prize in poker tournament history, more than $18 million

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Submitted by Ace King on, Jul/03/2012

WSOP One Drop Early Eliminations

Heading into the 6 pm PST hour, three of eight finalist at the World Series of Poker Big One For One Drop have been eliminated.

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Submitted by Ace King on, Jul/03/2012

Ray Bitar Remains Detained After US Magistrate Agrees to $2.5 Mil Bond

The disgraced former CEO of now shuttered Full Tilt Poker, Ray Bitar, remained behind bars on Tuesday after voluntarily turning himself in on Monday.  US law enforcement agents arrested Bitar at New York’s JFK Airport.  

Bitar engaged in what prosecutors described as a “ponzi scheme” though many familiar with the case believe Bitar’s activity was more akin to plain out-and-out theft and does not quite meet the definition of a ponzi scheme.  

Submitted by C Costigan on, Jul/03/2012

Richard Yong, Bobby Baldwin Odds to Win the WSOP Big One For One Drop

Richard Yong and Bobby Baldwin were both listed with the longest odds to win the World Series of Poker Big One For One Drop at Ladbrokes.com

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Submitted by Ace King on, Jul/03/2012

Guy Laliberté, Brian Rast Odds to Win World Series of Poker Big One For One Drop

Guy Laliberté had 5/1 odds of winning the World Series of Poker Big One For One Drop while poker pro Brian Rast was coming in at 7/1 odds at Ladbrokes.com

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Submitted by Ace King on, Jul/03/2012

2012 Nathan's Hot Dog Eating Contest Betting Odds

BetOnline had the latest 2012 Nathan’s Hot Dog Eating Contest betting odds for Wednesday July 4.  All betting available here with a maximum limit on wagers

Joey Chestnut is the -9.5 favorite to eat the most hot dogs when matched up against Pat Bertoletti.  Just to be clear, Chestnut will have to eat 10 more hot dogs than Bertoletti in order for the bet to be a winner.

Pat Bertoletti was listed as eating 11.5 more hot dogs than Sonya Thomas.

Submitted by Jordan Bach on, Jul/03/2012

Darren Rovell Out at CNBC, Returning to ESPN

Darren Rovell, who has regularly covered the sports and online gambling sector for CNBC during a 6-year stint, will be returning back to his roots at ESPN. 

Rovell’s last day at CNBC was Tuesday (July 3) with a final airing on Thursday.

Submitted by Aaron Goldstein on, Jul/03/2012

PaddyPower.com Taken Down

The UK’s third biggest bookmaker and one of the world’s most popular online poker sites was taken down a good 5 hours Tuesday afternoon.  The site was back up by late Tuesday evening.

Paddy was suffering from an outage duringthe mid-afternoon period right up through the evening hours.  Betting on the later portion of the Wimbledon tennis tournament was interrupted as a result of the outage. 

PaddyPower tweeted throughout this period: 

paddypower ‏@paddypower

Submitted by Aaron Goldstein on, Jul/03/2012

David Einhorn at 14-1 Odds to Win Big One For One Drop

Hedge fund manager David Einhorn is among four finalists at this year’s World Series of Poker Inaugural Big One For One Drop representing the business community.  His odds to win were set at 14-1

Submitted by Ace King on, Jul/03/2012

Antonio Esfandiari, Sam Trickett 2-1 Favorites to Win Big One For One Drop

Antonio Esfandiari and British poker star Sam Trickett have been made 2-1 co-favorites to win the first ever Big One For One Drop tournament at this year’s World Series of Poker. 

Ladbrokes has released odds to win the World Series of Poker Big One For One Drop 2012 now that the final table has been determined.  Ladbrokes does not accept customers from the US at this time unfortunately, but those around the world can take advantage of these odds appearing below. 

Submitted by Ace King on, Jul/03/2012

Phil Hellmuth 6-1 Long Shot to Win WSOP Big One For One Drop

Despite having the most World Series of Poker bracelets than anyone else, British bookmaker Ladbrokes has instilled Phil Hellmuth as a 6-1 long shot to win the coveted Big One For One Drop tournament. 

Hellmuth has won a total of 12 bracelets, breaking his own record of 11 at an earlier World Series of Poker event last month. 

Hellmuth, the self-proclaimed “Poker Brat”, tweeted late last night. 

phil_hellmuth ‏@phil_hellmuth

Submitted by Ace King on, Jul/03/2012

Odds to Win WSOP Big One For One Drop 2012

Ladbrokes has released odds to win the World Series of Poker Big One For One Drop 2012 now that the final table has been determined.  Ladbrokes does not accept customers from the US at this time unfortunately, but those around the world can take advantage of these odds appearing below. 

The $1 million buy-in will reward the biggest cash prize ever in the history of live poker tournaments, $18.3 million and some change. 

Submitted by Ace King on, Jul/03/2012

Gambling Company News and Tweets – July 3, 2012 (11 am EST)

Here is all the latest Twitter chatter related to the gambling sector – poker, sports betting, financials, entertainment, politics and more.  Be sure to follow Gambling911.com on TWITTER here to get all the latest updated gambling news as it happens. 

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Top Current Company News

Submitted by Aaron Goldstein on, Jul/03/2012

WSOP Big One For One Drop Final Table Determined – Phil Hellmuth Makes the Cut

What is promising to be one of the most exciting tournaments ever, the World Series of Poker Big One For One Drop Final table has been determined and WSOP record bracelet holder Phil Hellmuth is among the final eight. 

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Submitted by Ace King on, Jul/03/2012

Full Tilt Poker’s Disgraced CEO Ray Bitar in Custody: Angry Tweets Target Howard Lederer

It didn’t take long for the Twitter universe to light up once news broke of Full Tilt Poker CEO Raymond Bitar’s arrest at New York’s JFK International Airport early Monday afternoon (Eastern Standard Time). 

Submitted by C Costigan on, Jul/02/2012

WSOP One Drop: Poker Brat Phil Hellmuth Says ‘Time to Man Up’

Phil Hellmuth was among the 21 remaining at this year’s much ballyhooed World Series of Poker One For One Drop – No Limit Hold’em Event. 

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Submitted by Patrick Flanigan on, Jul/02/2012

888 Holdings Enters US Online Gambling Market With WMS Gaming Alliance

888 Holdings announced on Monday plans to enter the US online poker market through an alliance with slot machine developer WMS Gaming Alliance.  888 will offer free play poker in the initial stages.

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Submitted by Aaron Goldstein on, Jul/02/2012

New Jersey Sports Betting Proposal Released a Week Ahead of Time

New Jersey is looking to legalize sports betting with the support of Governor Chris Christie.  Proposed sports betting rules were released one week in advance and appear below. 

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VOLUME 44, ISSUE 13

 

ISSUE DATE: JULY 2, 2012

 

RULE PROPOSALS

 

 

LAW AND PUBLIC SAFETY

DIVISION OF GAMING ENFORCEMENT

Submitted by Guest on, Jul/02/2012

Vanessa Selbst Wins Second World Series of Poker Bracelet

The amazing Vanessa Selbst has been overshadowed by the Big Drop For One Drop million dollar buy-in tournament.  Selbst won her second World Series of Poker bracelet in the $2,500 Buy-In Six-Handed Ten-Game Mix (Event #52).

The Yale University Law School graduate and poker superstar from New York City defeated a tough tournament lineup of 421 players, Nolan Dalla reported on the World Series of Poker website Monday. 

She pocketed a whopping $244,259 in prize money.  The online star and poker icon was also presented with her second WSOP gold bracelet.

Submitted by Ace King on, Jul/02/2012

US Prosecutors Still Allege Full Tilt Poker, Ray Bitar Engaged in Ponzi Scheme

An additional indictment was filed against Raymond Bitar, CEO of now defunct Full Tilt Poker, on Monday July 2, 2012 after he voluntarily turned himself in to US authorities.

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Bitar has remained at large since April 15, 2011 following charges of money laundering and bank fraud in connection with running what was once the world's second largest online poker room.

Submitted by C Costigan on, Jul/02/2012

Full Tilt Poker Founder Ray Bitar Arrested by Feds

Raymond Bitar, Executive of now defunct Full Tilt Poker, has been arrested by federal authorities in the US after turning himself in.

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Bitar and about a dozen other men were charged in April 15, 2011 with money laundering and bank fraud in connection with running Full Tilt Poker, at the time the second largest Internet poker venue. 

Submitted by C Costigan on, Jul/02/2012

Zynga Celebrates 5th Birthday

The social gaming network Zynga is celebrating its 5th birthday – anniversary, whatever you want to call it - today July 2, 2012.

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Submitted by Aaron Goldstein on, Jul/02/2012

Poker Pro Matthew Marafioti Twitter Meltdown: 'Ho" Girlfriend With Back Zits Needs Fake T*ts

Poker pro Matthew Marafioti’s tweets make “Poker Brat” Phil Hellmuth’s drunken Twitter entries from two years ago look mighty tame in comparison.  Marafioti’s rants included accusations that his girlfriend ************ attacked him and he even discusses grotesque sexual encounters where he would pop yellow pimples off her back.  Ewwww... Mike "The Mouth" Matasow suddedly looks like the Dalai Lama.

In between the shocking rants, Marafioti would cheer on his fellow poker players taking part in this year’s WSOP events. 

Among the many tweets:

Submitted by Jagajeet Chiba on, Jul/02/2012

Gambling Granny Allegedly Stole Grandson’s College Funds

The New York Daily News on Monday reported that Edna Sue Pate allegedly stole more that $97,000 from a trust fund set up for grandson Christian Smith over a three year period.

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The 73-year-old granny lost $93,000 at a casino during that time.

"Stealing your grandson's money? That's about as bad as you can get, short of physical assault," the boy’s father told ABC News.

Submitted by Jagajeet Chiba on, Jul/02/2012

Euro 2012 Boosts Betfair Revenues

By Keith Weir

LONDON, June 29 (Reuters) - The Euro 2012 soccer tournament helped online gambling exchange Betfair to report strong trading on Friday, with the development of mobile apps seen as a driver of future revenue growth.

The online bet-matching company, set up 12 years ago, reported a 15 percent rise in underlying profits (EBITDA) from its core businesses to 92 million pounds ($142.66 million) in the year to April 30. Betfair shares rose 2.8 percent to 755.5p by 0825 GMT.

Submitted by Guest on, Jul/02/2012

Macau Gambling Growth Misses Expectations

(Reuters) - Macau's gambling revenue growth rebounded last month from May, though the increase was slower than expected, signaling muted spending in the world's largest gambling destination.

Revenue rose 12.2 percent from a year earlier to 23.3 billion patacas ($2.92 billion) in June, faster than May's 7.3 percent gain, government data showed on Monday. Analysts had expected a 15 percent increase.

Submitted by Guest on, Jul/02/2012

The Big One For One Drop Will Determine Final Table Overnight

The World Series of Poker Big One For One Drop final nine will be determined most likely during the overnight hours Monday into Tuesday morning with 37 players still remaining out of 48.  The million dollar buy-in tournament will pay the largest sum of money to the winner in the history of poker tournaments, $18.3 million.

Submitted by Ace King on, Jul/02/2012

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