Gambling News
Bwin.Party Sales Inch Upwards
LONDON - (Reuters) - Bwin.party digital, the world's largest listed online gaming company, said first-quarter revenue edged up and that it expects to be offered a licence to offer online gambling in Germany soon.
The company, which was formed by the merger of Austria's Bwin and PartyGaming last year, on Wednesday said revenue rose 1 percent to 215.9 million euros ($275.8 million) in the three months to the end of March as growth in casino and gaming offset weakness at its poker and bingo businesses. It added that April trade was in line with last year.
Web Cam Online Poker Room in Isle of Man as Safe as a Vegas Casino
This week, Gambling911.com announced the beginning of an exciting new partnership with Camasino.com, a web cam online poker room based in the Isle of Man.
Online Gambling in India Surges: Nation Missing Out on $5 Billion Annually
The Times of India this week reported that India could be missing out on as much as $1.5 billion in lost tax revenue by not regulating online gambling.
The paper cites an expanding middle class and increased Web access across the country.
Illinois Could Jump Into Online Poker Fray
Illinois Senate President John Cullerton suggested Tuesday that Illinois could benefit significantly from the multi billion dollar online poker industry.
Cullerton noted that Illinois would be in a position to become a hub for the industry. His proposal comes to the table just two weeks before a scheduled May 31 adjournment.
Americas Cardroom Lowers Poker Players Bad Beat Jackpot Contribution by Half
A spokesman for Americas Cardroom announced today that they will be reducing their mid stakes players bad beat jackpot contribution by half. Players who played $0.25/$0.50 and above contributed a maximum fee per hand of $0.50 in the old structure. Moving forward all stakes between $0.10/$0.25 and $1/$2 will only contribute a maximum of $0.25 per hand.
Revolution Gaming to Offer Rakeback at 36 Percent, Lock Poker to Host $1 Mil Rake Chase
Gambling911.com has confirmed that the new Revolution Gaming online poker network, effective June 1, 2012, will begin to offer players an incredible 36 percent rakeback. This is the highest rake on the current market. Revolution Gaming will include the top brands Lock Poker and Cake Poker among others.
The 36 percent will be paid daily into Lock Poker players accounts while other Revolution partners will have the option to do so. At this moment only Lock is confirmed on board with the daily rakeback.
Spiderman Toby Maguire Victims Recover Out of Court in High Stakes Poker Ponzi Scheme
Toby Maguire, who is best known for his role of Spiderman in that comic strip film franchise, has fully settled with victims in a highly publicized ponzi scheme involving Hollywood underground high stakes poker games.
Webcam Poker and Social Media Brought to a Whole New Level With Camasino
Introducing the new Webcam poker room and a new form of social gaming, Camasino, which has joined the Gambling911.com family. Players from around the globe are welcome to join here.
Devilfish Poker Emailing Customers of Now Defunct Purple Lounge: Sale Possible?
CardPlayer.com was reporting that customers of now shuttered Purple Lounge have been in receipt of emails from rival Devilfish Poker.
The two emails sent out feature no content other than the header “Devilfish Poker Welcomes Purple Lounge Player”.
PokerStars Officially Launches Zoom Poker
PokerStars highly anticipated Zoom Poker officially launched on Tuesday, May 15, 2012 following extensive beta testing of the product.
Zoom Poker is the fast action ring game that provides players with more hands in less time.
Nevada Online Poker to Take Another 7 to 10 Months Says Regulator: 3 More States Want In
While intrastate online poker has already been made legalized in Nevada, real money Web card rooms won’t be available for another 7 to 10 months, regulators announced during a meeting with operators and the state’s Governor on Monday.
The first licenses are expected to be issued within the next 30 to 60 days or by the end of June 2012. Security remains a vital issue with regulators noting that another 6 to 8 months will be necessary for testing of any Internet poker site.
Mississippi Controversial Online Poker Bill May Return
One of the more controversial pieces of legislation on the state front involving the legalization of online poker sites may ultimately be revived.
A proposed measure by Mississippi lawmakers looked dead in the water earlier in the year. Some of the more contentious aspects of that bill included allowing the state to confiscate accounts that were inactive for at least a year’s period as well as the imprisonment of citizens that were caught playing on unlicensed Web card rooms. A steep licensing fee would also be required to operate in America’s poorest state.
$40k Online Poker Tournament Series Kicks off May 15th Thru 30th
Cake Poker is offering 13 Diamond suited Gold Card buy-in events that can earn you a piece of $40,000 in cash prizes as part of their latest online poker tournament series. Plus, for the Cake Poker hard core Gold Card collectors and players, there's a chance to earn a seat in an exclusive $10,000 Flawless Final.
EXCLUSIVE $10,000 Flawless Final Freeroll
Barack Obama Still Greater Than 2 to 1 Odds of Being Re-Elected Despite Rasmussen Poll
US President Barack Obama remains better than a 2/1 favorite to retain his presidency despite a Rasmussen poll that gives his GOP opponent, Mitt Romney, a 7 percent lead.
Rasmussen is generally seen as a more conservative-leaning poll.
Vegas Casinos Partner Up With Online Poker Rooms With Questionable Pasts
(Reuters) - To prime itself for the U.S. debut of legal online poker, MGM Resorts International, owner of such Las Vegas Strip monuments as the MGM Grand, the Bellagio and the Mirage, wanted a partner that knew the ropes.
So last October it hooked up with Bwin.Party Digital Entertainment Plc, a London-listed, Gibraltar-based specialist that rakes in more from Web betting than any other publicly traded company. MGM Resorts took 25 percent of a new venture 65 percent owned by Bwin.Party, with smaller Las Vegas casino operator Boyd Gaming getting the remaining 10 percent.
Online Poker US State Update: Massachusetts Dead for Now
There is a good posting on the popular TwoPlusTwo.com forum regarding the status of online poker legislation (or would be legislation) on the state front.
The frontrunners up to this point – Nevada, New Jersey and California – all appear to still be in play, but obstacles continue to stand in the way for all three states.
Bettor Says EOG.com’s John Kelly Owes Him $17k for Baseball
Eye on Gaming (EOG.com) general manager John Kelly owes a California man $16,840 in gambling debts for baseball bets gone bad, Gambling911.com can reveal in an exclusive report!
Kelly, also a sports handicapper and radio host, and based in Las Vegas, came under fire last week when a Los Angeles radio host, Roger Stein, said on air that Kelly was a deadbeat who didn't pay his debts.
Senior Monks Quit Over Poker Playing Scandal
Senior monks from South Korea’s largest Buddhist sect, the Jogye Order, have resigned this past week following a shocking scandal in which eight monks were videotaped smoking, drinking and playing poker.
Prosecutors launched a probe into the video footage playing the game in a hotel in southern South Korea on April 23.
Two Plus Two Poker Posting Forum Back Online Following Hacker Incident
The popular Two Plus Two posting forum returned this weekend after a hacker managed to encrypt user passwords last month. The world’s largest poker message board has been down for nearly three weeks.
MGM to Develop First Online Casino Game by June: Chairman Says Federal Law Not Happening
MGM Resorts International is looking to release its first online casino game next month (June 2012).
Chairman James Murren referred to the game as “Casino Mogul”, however, partners of the firm have not decided on an official name as of yet.
"Internet gaming is here!” Murren declared at the 19th annual Southern Gaming Summit.
Nevada Gambling Revenue Down 10.8 Percent in March
CARSON CITY, Nev. — (Associated Press) - March was an unlucky month for Nevada casinos, when gamblers beat the house more than normal and casino revenues fell 10.9 percent from the same month last year, the Nevada Gaming Control Board reported Thursday.
Casinos won $854.6 million in March, on which the state collected $71.5 million in taxes, a 10.3 percent decline.
But regulators noted a large convention in Las Vegas last year helped boost revenue in March 2011, exaggerating the decline in the recent report.
More Online Gambling Sites Blacklisted in Belgium
The Belgium government has added to its list of blacklisted online gambling sites, including big names like bwin.com, William Hill, betsson.com, betclic.com, stanjames.com, and betfair.com.
Several other Web gambling companies, including the likes of 888.com, have already been blacklisted.
Monks Poker Scandal Leaves South Koreans Speechless
Photos of poker playing monks were aired on South Korea television this week, shocking the nation and leading to offers by senior monks of the sect to resign.
The photos show eight monks from the country’s largest Buddhist sect huddled around a poker game at a hotel in Southwest Korea.
Operation Tran Wreck: Vietnamese Blackjack Cheat Van Thu Tran Profiled on ‘American Greed’
CNBC’s “American Greed” will be airing a segment on Vietnamese Blackjack cheater Van Thu Tran and her gang including husband Phuong Truong.
EOG.com’s John Kelly Denies Radio Report He’s a Deadbeat
Eye on Gambling (EOG.com) general manager John Kelly, accused earlier this week by a Los Angeles radio host of being a deadbeat who "don't pay the bills too good," has denied the allegations, announcing "I plead not guilty to all charges!"
7 Weekly Online Poker Tournaments Introduced by Carbon
All poker players are constantly working on improving their game and becoming more well-rounded players. With the introduction of the new “7 Weekly” Tournaments on Carbon Poker, players can continue to strive for improvement by learning to succeed outside their personal comfort zone.
Online Gambling Passes Yet Another Hurdle in New Jersey
Following word this week that Governor Chris Christie may not be so gung ho about online gambling in New Jersey after all, yet another milestone was reached on Thursday.
ESPN to Broadcast Two Live World Series of Poker Events in 2012
Once again in 2012 the World Series of Poker Main Event Final table will be broadcast live with a 15 minute time delay.
Another WSOP final event will also be broadcast live with the same delay. The player hole cards will also be revealed as part of the airing for both events on ESPN.
45 Percent Cash Back Playing Online Poker
If you looking to make sure your daily grind sessions end with some sort of profit, playing for hours on the virtual felt at Carbon Poker is where to be. You can earn up to 45% in daily cashback rebates based on your VIP status and points.
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Radio Host Accuses EOG.com Sports Betting Forum Head John Kelly of Being ‘Deadbeat’
Los Angeles radio host Roger Stein has accused John Kelly, general manager of the sports betting website Eye on Gambling (EOG.com), of being a deadbeat!
"He don't pay the bills too good," Stein said of Kelly.
