Gambling News

Phil Hellmuth Paid Out 4 to 1 Odds With 12th Bracelet Win (Video)

Gambling911.com’s own Thomas Somach noted that a number of online bookmakers were offering betting odds on Phil Hellmuth winning another bracelet at this year’s World Series of Poker.

That happened late Sunday night, with the self-proclaimed “Poker Brat” breaking his own record with a 12th bracelet.  Those betting Hellmuth received $400 for every $100 wagered. 

If there’s anything Hellmuth is not, it’s modest. 

That said, the “Poker Brat” insisted he’s still the same man he was prior to winning number 12.

Submitted by Ace King on, Jun/12/2012

WSOP No-Limit Hold’em, Limit Hold’em: Shulman Tandem Falls Short

The father and son tandem of Barry and Jeff Shulman failed to capture bracelets in their individual World Series of Poker events.

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Father Barry finished 8th in the WSOP Event #19 – No Limit Hold’em where he walked off with a cool $53,669. 

Submitted by Ace King on, Jun/12/2012

Barry Shulman Among 10 Remaining at WSOP Event #19: No-Limit Hold'em

Card Player Magazine publisher Barry Shulman was among those still remaining at the 2012 World Series of Poker Event #19 – No-Limit Hold’em. 

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Shulman already has one WSOP bracelet under his belt along with 96 cashes, 13 first place finishes and winnings that total nearly $4.4 million in live career play. 

Cliff Goldkind was leading Event #19 Monday evening with 10 players remaining.

Submitted by Ace King on, Jun/11/2012

Phil Hellmuth’s 12 WSOP Bracelet was First in Non-Texas Hold’em Event (Video)

In addition to earning his 12th World Series of Poker bracelet and thus extending his own world record, Phil Hellmuth also silenced critics who suggested the self-proclaimed “poker brat” could not win beyond Texas Hold’em.

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Submitted by Ace King on, Jun/11/2012

Wynn Resorts Applies for Nevada Online Poker License: In Talks With Zynga

Wynn Resorts has applied for an online poker license in the state of Nevada this week, possibly signaling the entry of Zynga into the real money poker arena in the United States.

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Wynn had entered into a partnership with PokerStars just weeks before that company was indicted by the US Justice Department last year.  It immediately pulled out of that arrangement.

Submitted by Aaron Goldstein on, Jun/11/2012

Entraction Poker Network Seeks Nevada Approval Despite Purple Lounge Debacle

Despite its hosting a now failed online poker room, the Entraction Poker Network is moving full steam ahead to try and obtain a license to operate a Web card room within the state of Nevada.  Entraction is owned by Swedish gaming firm International Game Technology (IGT).

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Submitted by Aaron Goldstein on, Jun/11/2012

Phil Hellmuth Wins 12th World Series of Poker Bracelet

It has finally happened as Phil Hellmuth shattered his own record winning his 12th World Series of Poker bracelet.

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Hellmuth won the $2500 buy-in Seven-Card Razz tournament, which concluded late on a Sunday night.

From the WSOP.com website: 

Submitted by Patrick Flanigan on, Jun/11/2012

Michael The Punter Nugent Wins First Ever Latin Series of Poker

As expected, the opening $500,000 guaranteed main event was epic. It exceeded all expectations. The LSOP introduced Re-Entry Tournaments to Latin America, a new type of tournament that lets hopefuls re-register for the same tournament after they’ve busted out. Thus, getting another chance of taking down the tournament and today the gunslinger was Michael "The Punter" Nugent.

Submitted by Guest on, Jun/11/2012

WSOP $1m Tourney is 7/8 Filled

Top pros Negreanu, Chan lead $1 million WSOP field.  Event gets underway July 1

The field for the World Series of Poker's richest buy-in tournament ever is seven-eighths filled, the WSOP has reported.

The tourney, which will be the 55th of 61 separate events at this year's WSOP, is a no-limit Texas hold 'em tournament with an unprecedented buy-in of $1 million.

The event will be held on July 1, 2 and 3, 2012, at the site of the WSOP, the Rio All-Suites Hotel & Casino in Las Vegas.

Submitted by Thomas Somach on, Jun/10/2012

Phil Ivey, Phil Hellmuth WSOP Watch at Pot-Limit Hold’em, Seven Card Razz

One of the 17 poker players remaining at Event #17 of the World Series of Poker Pot-Limit Hold’em was Phil Ivey.  One of the most recognized names in all of poker returned to the WSOP after a one-year absence.  Ivey’s ties to now defunct Full Tilt Poker continue to leave a bad taste in some people’s mouths.  FTP owes millions of dollars to customers following their abrupt closure more than a year ago. 

Submitted by Patrick Flanigan on, Jun/10/2012

451 Poker Players Take Part in 2012 LSOP

A total of 451 players came to play Day 1A and 1B and only 69 players made it to day 2 of the 2012 Latin American Poker Series (LSOP) in beautiful Lima, Peru.  The action was fast and in less than 120 minutes the bubble burst.  

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After 19 levels of play, 28 players remained late Saturday. 

Submitted by Guest on, Jun/09/2012

Mike The Mouth Matusow Going Strong at WSOP No-Limit Hold'em Six Handed Event

Colorful poker pro Mike “The Mouth” Matusow was among the finalists at the WSOP Event #16:  No-Limit Hold’em / Six Handed Saturday afternoon.

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Matusow, who has won just shy of $7 million in live tournament play to date, has already collected three World Series of Poker bracelets. 

Submitted by Ace King on, Jun/09/2012

William Hill Finally Receives Approval to Operate in Nevada

After an excruciating process, the United Kingdom’s largest bookmaker William Hill has finally gained access into the US market after Nevada regulators approved its application to run a handful of sports betting enterprises. 

Submitted by Aaron Goldstein on, Jun/09/2012

Phil Ivey Mounts Comeback With Final Table Finish in First 2012 WSOP Event

Poker elite Phil Ivey managed to make it to the final table of the WSOP Seven Card Stud Hi-Low Split-8 or Better event before going busto.

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This marked his first World Series of Poker appearance in two years following a much publicized ugly divorce settlement and the shutdown of Full Tilt Poker, a company Ivey was closely aligned with. 

Submitted by Ace King on, Jun/09/2012

Revolution Gaming Now the Biggest US-Facing Online Poker Network: WSOP Updates

The rebranded Cake Network, now featuring Lock Poker and calling itself Revolution Gaming, has overtaken Merge to become the most trafficked US-facing online poker network.

Its 24 hour peak Saturday morning was 1947 compared to Merge at 1767.  Microgaming, meanwhile, managed to inch up a notch to number 9.  Revolution was expected to surpass Microgaming in terms of overall traffic by the end of the weekend, however. 

 

Brandon Schaefer Wins Event #14: No-Limit Hold'em Shootout (2,000 player max)

Submitted by Ace King on, Jun/09/2012

World Series of Poker Events Have Phil Ivey, Phil Hellmuth With Strong Showing Friday

The 2012 World Series of Poker events were in full force with a total of 5 in progress on Friday.  Among the top performers in events that were starting to wind down included Phil Ivey, Phil Hellmuth, Todd Brunson, David Arsht, Layne Flack and Brandon Schaefer. 

 

WSOP Event 13 Limit Hold’em Winner is David Arsht

 

David Arsht has won Event 13 of the 2012 World Series of Poker – Limit Hold’em.  Arsht takes home $211,921 and his first ever bracelet.

Submitted by Ace King on, Jun/08/2012

Investment in Poker Pro Barry Shulman Could be Winning Play

Do you have an extra million dollars laying around that you don't need?

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If so, poker pro Barry Shulman would like to talk to you!

In an exclusive interview with Gambling911.com, Shulman revealed that he expects to play in about 20 different tournaments at this year's World Series of Poker, which recently got underway in Las Vegas.

Submitted by Thomas Somach on, Jun/08/2012

Brian Hastings Wins First WSOP Bracelet: Financial Struggles Behind Him Perhaps

Popular online poker player Brian Hastings has won his first ever World Series of Poker bracelet, beating Jason Mo in the Heads-Up No Limit Hold’em Event 12.

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Hastings also pocketed $371,498 with the win.

Submitted by Ace King on, Jun/07/2012

Family Values Group Want UIGEA Strengthened

Despite close to a dozen states pushing forward to legalize online poker, some groups are looking to further strengthen existing prohibition such as the Unlawful Internet Gaming Enforcement Act (UIGEA). 

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UIGEA essentially makes it illegal for US banks to process payments for online gambling companies.  The US Justice Department, meanwhile, has given the green light to states to regulate Internet poker.

Submitted by Ace King on, Jun/07/2012

Something to Peru-oove: 213 Poker Players Taking Part in LSOP

Welcome to the 2012 Latin Series of Poker Lima Main Event! The quest for the first LSOP trophy has just begun at the stunning Casino Atlantic City in Lima, Peru.  Crazy Julius is covering this event for us here at Gambling911.com.

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Submitted by Nagesh Rath on, Jun/07/2012

Brian Hastings, Tommy Chen Top WSOP Event 12 Head’s Up No Limit Hold’em

4 out of 512 players remained at the World Series of Poker Event 12 Head’s Up No Limit Hold’em including popular online player Brian Hastings and Tommy Chen, who was chip leader coming into Thursday.

Hastings was the second biggest chip leader after Jeffrey Gross overnight but Gross would eventually go on to be eliminated. 

Lock Poker pro Michael Drummond cashed out in 8th place with $56,380.

Vanessa Selbst also enjoyed success in this event, cashing out at $20,674 in 9th place. 

Submitted by Ace King on, Jun/07/2012

Merge Poker Falls Two Spots: Revolution Gaming Just 60 Players Off

Merge Gaming has fallen from the number 8 spot of most trafficked online poker rooms to number 10 early Thursday morning while Revolution Gaming was now within a mere 60 players average.

Submitted by C Costigan on, Jun/07/2012

Vincent van der Fluit Wins World Series of Poker Event 11: Pot-Limit Omaha

Dutch poker player Vincent van der Fluit has won Event 11:  Pot-Limit Omaha.  He takes home $265,211 and a bracelet, van der Fluit’s first. 

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Some 970 players entered the tournament and only nine returned for the final day.

Submitted by Ace King on, Jun/06/2012

Bally Technologies Becomes Nevada’s First Licensed Online Poker Site: Will Hill Still Shut Out

Bally Technologies, which earlier in the year partnered up with France online poker venture Chili Gaming, has been granted the first license to operate a Web poker site by the state of Nevada.  For now the fee is $125,000 but could be reduced at a later date. 

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Submitted by Jagajeet Chiba on, Jun/06/2012

Sid Rosenberg’s New Gig: No Room for Error

Zero.  That’s the number of chances radio sports commentator Sid Rosenberg has if he f***s up again.

BetOnline

Submitted by Jagajeet Chiba on, Jun/06/2012

California Amends its Online Poker Bill

The state of California has further amended its online poker bill as a means of appeasing the powerful Tribal casinos.

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An initial version of the bill would have required Tribes to waive their sovereignty rights as a requirement for obtaining a license.

Applicants must be in “good standing” with the California Gambling Control Commission (CGCC) for three years but will be able to establish partnership agreements.

Submitted by Ace King on, Jun/06/2012

PokerStars Cancels Macau Poker Cup August Events

No reason was given as to why PokerStars abruptly cancelled its Macau Poker Cup August events on Wednesday. 

The world’s largest real money online poker company and sponsor of the European Poker Tour (EPT) only cited “events beyond our reasonable control”.

Future Macau Poker events remain in limbo.

Submitted by Ace King on, Jun/06/2012

Everleaf Gaming Attempts to Pay Back US Players Not Genuine Claims Processor

A payment processor is claiming that the Everleaf Gaming Network was offered the opportunity to pay back US players but declined to do so. 

Chuck Kidd, head of Costa Rica-based PICCLUB, an online payment processor, told PokerFuse.com he offered to facilitate payment to US customers through his company but that they refused

Submitted by C Costigan on, Jun/06/2012

William Hill Shuts Down Australia Website: May be Trying to Appease Nevada Regulators

England’s largest bookmaker, William Hill, has shut down its Australian website this week as a means of protecting its pending application for a Nevada Gaming license.

Submitted by Gilbert Horowitz on, Jun/06/2012

Cuomo Denies Influences Related to Gambling Expansion Efforts in New York

New York State Governor Andrew Cuomo has denied any outside influences from gambling interests when it comes to his efforts to expand gambling in that state. 

The New York Times on Tuesday published a report that The New York Gaming Association donated $2 million from gambling interests to a lobbying group created specifically to support Cuomo. 

"Mr. Cuomo’s support for expanded gambling, which he made a centerpiece of his State of the State address in January, had a profound impact," the newspaper noted.

Submitted by Gilbert Horowitz on, Jun/06/2012

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.