Gambling News

Internet Poker Advances in New Jersey

TRENTON, N.J. — Internet gambling in New Jersey has moved a step closer to reality.

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An Assembly panel approved the proposal Monday. The bill now needs to be voted on by the full Assembly and Senate, but those votes have not yet been scheduled.

Submitted by Guest on, Jun/18/2012

Cake Poker $100k Tournament Hosted 748 Players

Cake Poker hosted its $100k GTD ($109) Sunday at 8 pm GMT.  This past Sunday’s event featured 748 players with a serious overlay value and ended up awarding $18,750 to a player by the name of “makkar”. 

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Sunday's $65K GTD Super Stack ($530) also offered an overlay with 98

players, awarding $17,875 to player with the handle “Suvaline.4”.

Submitted by Patrick Flanigan on, Jun/18/2012

Churchill Downs Looking for Acquisitions

By BRUCE SCHREINER, Associated Press –

The track also has dabbled with night racing since 2009. Attendance for the 15 night racing events since that time has averaged 26,000 fans, more than three times the attendance on equivalent days, the company said.

Night racing features music and other fan-friendly offerings along with racing.

"While the broad thoroughbred racing industry may be in decline, there is still a growing, profitable market for top-flight racing combined with entertainment," Evans said.

Submitted by Guest on, Jun/18/2012

New Jersey Online Poker Bill Going for Vote Today

A bill to legalize online poker and casinos in New Jersey will be heading for an Assembly vote a la the Appropriations Committee at 12:30 pm EST today (Monday June 18, 2012).

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Submitted by C Costigan on, Jun/18/2012

Should Syria Compete in the Olympics?

Should Syria be allowed to compete in the Olympics?

That's the debate that's currently raging in England, where the 2012 Olympics will get underway next month in London.

The government of Syria has been slaughtering its citizens for the past year.

Submitted by Thomas Somach on, Jun/18/2012

Timothy Adams, Larry Wright Latest WSOP Bracelet Winners: Michael Mizrachi Near Miss

Timothy Adams and Larry Wright have won their first World Series of Poker bracelets in separate events while well known poker pro Michael Mizrachi just missed his shot.  

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Adams won the No Limit Hold’em / Four Handed Event while Adams captured the bracelet in Event 30 of the 2-7 Draw Lowball (No Limit).

Submitted by Ace King on, Jun/18/2012

Police Arrest 6 in Alleged Female Gambling Ring

DULUTH, Ga. (AP) — Police have arrested six women on gambling-related charges after officers broke up a gambling operation based out of at least two homes in a quiet suburban Atlanta neighborhood.

Gwinnett County police tell WSB-TV they got an anonymous tip from someone who was upset about the amount their spouse was gambling at one of the homes. When officers arrived, they discovered gambling machines.

Submitted by Guest on, Jun/17/2012

Gambling News: Ylon Schwartz Enjoys More WSOP Success and First Bracelet

Ylon Schwartz has just won his first World Series of Poker bracelet at Event #27:  $1,500 buy-in H.O.R.S.E..  Schwartz was best known for making the final table of the 2008 World Series of Poker, finishing in 4th place and taking home nearly $3.8 million.  He also briefly dated Gambling911.com reporter Jenny Woo.

NBA Finals Game 3 odds and the latest odds to win the Euro 2012 are also covered below.

Submitted by Mary Montgomery on, Jun/16/2012

Brian Meinders, Austin Scott Latest WSOP Bracelet Winners

Brian Meinders and Austin Scott both captured their first World Series of Poker bracelets in separate events.

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Meinders won the Event #25:  Limit Hold’em Shootout, which paid out $116,118 for first place.

Submitted by Ace King on, Jun/16/2012

More Delays in UB.com Exec Brent Beckley Sentencing

As reported by PokerFuse.com, attorneys representing an executive from UB.com are seeking to delay sentencing of their client even further. 

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Submitted by Ace King on, Jun/16/2012

Phil Ivey Leads as Current 2012 World Series of Poker Player of the Year

Phil Ivey hasn’t won any of the 2012 World Series of Poker events yet, but he’s already amassed quite a payday of well over $500K, finishing in the money in four different events.  He is currently the leader to be named WSOP 2012 Player of the Year.

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The breakdown for the top 10 appears below.

Submitted by Patrick Flanigan on, Jun/15/2012

Blue Monday Online Gambling Defendant Must Pay $100 Fine

On June 8, 2012, software professional David Parchomchuk appeared in Maryland Court to face charges stemming from last year's Blue Monday indictments. He accepted a DOJ plea bargain which saw him plead guilty to conspiracy to conduct an illegal gambling business for which Judge Catherine Blake fined Parchomchuk $100, along with 2 years of unsupervised probation. Prior charges of money laundering were dropped by the DOJ. 



Submitted by Guest on, Jun/15/2012

Pinnacle Entertainment Acquires Heartland Poker Tour

LAS VEGAS — (Associated Press) - Casino operator Pinnacle Entertainment Inc. is buying the owners of a televised poker tournament, the Heartland Poker Tour, so it can work the poker matches more closely into its casinos and expand the tournament.

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Submitted by Guest on, Jun/15/2012

Scotty Nguyen Denied Another WSOP Bracelet by Joe Cassidy

Somehow young poker player Joe Cassidy managed to deny two World Series of Poker multi-bracelet winners, Phil Ivey and Scotty Nguyen, from capturing another.  And consider this, between the two of them, Ivey and Nguyen have a total of 13 WSOP bracelets. 

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Submitted by Ace King on, Jun/14/2012

Internet Gambling to be Approved State by State Over Next Two Years Predict Panelists

(Associated Press) - The U.S. Congress is too badly divided to act on Internet gambling, so individual states will start approving it on their own within the next two years, panelists at a major casino conference predicted Thursday.

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Submitted by Guest on, Jun/14/2012

Online Gambling Site BetED.com Software Programmer Sentenced

A software programmer with the now defunct online gambling website BetED.com have been sentenced. 

Darren Wright and David Parchomchuk were caught up in a sting operation run by the US Attorney’s Office out of Maryland in May of last year.  Agents with that office set up a phone payment processing company and transferred millions of dollars in funds on behalf of BetED.

Submitted by C Costigan on, Jun/14/2012

WBO Final Decision Could Result in More Sportsbooks Refunding Pacquiao Bets

With the highly controversial Manny Pacquiao vs. Timothy Bradley fight currently under review by the WBO, many are left wondering if their Pacquiao bets will ultimately be refunded.

Bradley was declared the winner by split decision Saturday night, however, nearly everybody else seemed to feel they were watching a different fight whereby Pacquiao was the victor.  Most boxing experts tend to agree as well.

Submitted by Tyrone Black on, Jun/14/2012

PokerStars.es Debuts in Number 9 Position

Just as Revolution Gaming, Microgaming and the Merge Gaming Network had been fighting for the coveted number 9 position of most trafficked online poker networks, along comes PokerStars.es.

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The Spain licensed online poker rooms/networks will now be counted separately following that nation’s new regulations. 

888Poker.es bragged of being number two in the market but rank all the way down at number 27 worldwide.

Submitted by Aaron Goldstein on, Jun/14/2012

Joe Cassidy vs. Scotty Nguyen Heads-Up: 6th World Series of Poker Bracelet Sought

Phil Ivey was out in 3rd place, denied of getting his 9th bracelet at the World Series of Poker Event 24:  Omaha Hi-Low Split-8 or Better.  Instead it was Joe Cassidy vs. Scotty Nguyen heads up with Nguyen looking for his 6th WSOP bracelet. 

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Submitted by Ace King on, Jun/14/2012

Phil Ivey Hungry for World Series of Poker Bracelet Number 9: Leads Event 24

Poker pro Phil Ivey continued to hold the chip lead heading towards Midnight Pacific Time at WSOP Event 24:  Omaha Hi-Low Split-8 or Better.  A win would mean Ivey’s 9th World Series of Poker bracelet.

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Submitted by Patrick Flanigan on, Jun/14/2012

Connecticut Gambling Ring Busted

NEW HAVEN — (Associated Press) -  Federal prosecutors say twenty people have been charged with crimes related to alleged involvement in illegal Internet sports bookmaking and card gambling clubs in Stamford and Hamden.

The U.S. Attorney’s office for Connecticut says the defendants include alleged associates of the Gambino crime family.



Submitted by Guest on, Jun/13/2012

World Exclusive: Former PA Governor Ed Rendell Tells Gambling911 State Should Add Sports Betting

Former Pennsylvania Governor Ed Rendell, who brought casinos to the Keystone State in 2004, says the state should now allow its eight casinos to offer sports betting.

Rendell, who served as Pennsylvania governor from 2003-2011, made the comments Tuesday in an exclusive interview with Gambling911.com.

Submitted by Thomas Somach on, Jun/13/2012

Sheldon Adelson Just Gave $10 Mil to Pro-Romney Super PAC: Obama Now Even Odds

Las Vegas billionaire and gambling guru Sheldon Adelson is at it again, supporting pro-GOP super PACs.  On Wednesday it was revealed that he had given $10 million to a pro-Mitt Romney super PAC.

Should Romney get elected, you can probably forget about online poker becoming legalized at the federal level.  Adelson doesn’t want it!

Submitted by Aaron Goldstein on, Jun/13/2012

The First State Delaware Wants to Lead the Way in US Online Poker Market

Delaware was the first state to join the union in the US and now they are looking to become the first state to offer online poker via multi-state compacts.  On Tuesday, they moved one step closer to that reality.

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The state House on Tuesday approved a bill authorizing online betting in Delaware and more venues for sports wagering and other gambling.

Submitted by Gilbert Horowitz on, Jun/13/2012

OnGame Gets Serious Foothold in Nevada Online Poker Market

Aristocrat Technologies and Bally Technologies have combined forces with Shuffle Master in an effort to gain a foothold in the lucrative US online poker market, via Nevada.  The beneficiary of this arrangement will no doubt be Ongame poker.  Its software platform is being utilized as part of the deal
 

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Submitted by Aaron Goldstein on, Jun/13/2012

All Eyes on Phil Ivey at WSOP Event 24: Omaha Hi-Low Split-8 or Better

Excitement was brewing at the 2012 World Series of Poker heading into Wednesday as poker great Phil Ivey led with chips at the Event #24:  Omaha Hi-Low Split-8 or Better. 

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A total of 27 players were returning to this event Wednesday afternoon.

Submitted by Ace King on, Jun/13/2012

2012 WSOP Results: Michael Gathy Wins Event #21: No-Limit Hold'em

Belgium’s own, Michael Gathy, has won the 2012 World Series of Poker Event #21:  No-Limit Hold’em along with the $440,829 grand prize. 

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Gathy managed to beat out 2798 other players to win his first ever WSOP bracelet.

Submitted by Ace King on, Jun/13/2012

California Dreaming: Internet Poker Bill Dead in the Water

Sen. Rod Wright yanked his Internet poker bill from a committee agenda just prior to its scheduled vote on Tuesday in the Senate Governmental Organization Committee. 

 

That bill has been sinking since it set sail requiring numerous amendments in an effort to please the state’s powerful Tribal casinos. 

From the Sacramento Bee

Submitted by C Costigan on, Jun/12/2012

Poker Pro Adam Friedman Denies Being Crybaby at 2005 WSOP…OH REALLY (Video)

Real men don’t cry….they just get a little emotional.  Just ask poker pro Adam Friedman. 

He tells Quadjacks.com that there were no tears at the 2005 World Series of Poker following his deep run and brutal bust out. 

“I was 23 back then, fairly emotional.  I didn’t know how to keep my emotions in check,” he told Quadjacks.  “I will say this officially, I never cried on TV.”

Hmmmmm…You decide below.

Submitted by Ace King on, Jun/12/2012

GOP Veepstakes Odds: Kelly Ayotte Would Pay Out $2000

GOP nominee Mitt Romney needs the woman’s vote if he is going to become US President in November.  Enter Kelly Ayotte, who would pay 20/1 odds or $2000 for every $100 bet at Sportsbook

The National Journal had this to say about New Hampshire Sen. Kelly Ayotte:

Submitted by Carrie Stroup on, Jun/12/2012

Breaking News

Pay Per Head Companies and Performance Reports

One of the biggest keys to running any type of business is to know the numbers inside and out. Just as a sports handicapper breaks down a particular matchup to uncover an edge in the betting lines for the game, as a bookmaker you need to constantly break down your business’s numbers to turn a profit on a regular basis.