Gambling News

MGM China IPO at HK$15.34 per Share

Submitted by Aaron Goldstein on, May/26/2011

Gambling Stocks: What’s Hot, What’s Not

Submitted by Aaron Goldstein on, May/26/2011

BetED.com Founders Just Narrowly Avoided Arrest in US

Gambling911.com is learning that BetED.com principals nearly entered the US and were apprehended by federal officials.  Last minute shoulder surgery stopped the process.

So why on Earth would anyone from the online gambling sector dare to enter the United States post 2006 when a series of high profile arrests of operators made everyone think twice about their travel plans?

Well, it turns out the principals in BetED may have had little idea they were about to enter the US.

Submitted by C Costigan on, May/26/2011

Don Johnson $11 Million Atlantic City Blackjack Wins a “Streak of Good Luck”

The man who took Atlantic City casinos for $11 million in blackjack wins called it “an incredible streak of good luck.

Submitted by Gilbert Horowitz on, May/26/2011

BetED.com Players May be Waiting Some Time to Claim Funds

It is still unclear as to how much money the US Feds seized from BetED.com as part of an elaborate sting operation.

BetED.com closed its doors this week after their domain name was taken over by the US Justice Department.  The online betting company reportedly told Covers.com that the Feds have all of their money.  Most gamblers do not believe this and there are reports that BetED.com’s two founders (both of whom are named in Monday’s indictments) cleaned out their Costa Rican offices and fled.

Submitted by C Costigan on, May/25/2011

Quick Tender Shutdown: Players Likely to be Stiffed

Submitted by C Costigan on, May/25/2011

BetED.com Shuts Down, Claims US Government has all Players Funds

BetED.com has confirmed to Covers.com that they have shut down their business. 

Submitted by C Costigan on, May/25/2011

Online Poker Bill Approved in Nevada

(Associated Press) - Lawmakers on the Nevada Senate Judiciary Committee have approved Internet poker bill AB258, sending it to a floor vote.

Submitted by Guest on, May/25/2011

Quick Tender Online Gambling Payment Solutions Shuts Down

Submitted by C Costigan on, May/25/2011

Pay Per Head Business BetJerrys.com has Domain Seized

Submitted by C Costigan on, May/24/2011

New Zealand SkyCity Casino Staff Forced to Wear Flea Collars

Employees of New Zealand’s SkyCity Casino in Auckland are being forced to wear flea collars in recent days to ward off the nasty critters.

Submitted by Jagajeet Chiba on, May/24/2011

Fake Online Gambling Payment Processing Company Shuts Down

A company set up for the primary purpose of going after online gambling websites for violating US law has now shut its doors, but not before leaving a message on its website.

Submitted by C Costigan on, May/24/2011

Macau Casino Stocks May See Short Term Drop Second Half of 2011

Submitted by Aaron Goldstein on, May/24/2011

Authorities in Philadelphia Charge 13 Mobsters

Submitted by Guest on, May/24/2011

Bodog, Bookmaker Initiate Domain Change Strategy

Submitted by C Costigan on, May/24/2011

Bookmaker.com Vows to Stay in US Market

Submitted by C Costigan on, May/23/2011

Feds Seize More Online Gambling Websites

Submitted by C Costigan on, May/23/2011

Online Poker Processor Pleads Guilty

Brad Franzen, the owner of a payment processor that worked in conjunction with three online poker rooms indicted April 15, has plead guilty on Monday. 

Submitted by C Costigan on, May/23/2011

More Headaches for PokerStars as Company Faces Australia Action

PokerStars, the world’s largest online poker room, could be fined in Australia. 

Submitted by Gilbert Horowitz on, May/23/2011

More Online Gambling Indictments Inevitable

Submitted by Alejandro Botticelli on, May/22/2011

Hopeful Signs from Full Tilt Poker: Rakeback Begins Hitting US Player Accounts

In some good news, rakeback began showing up in the accounts of Full Tilt Poker US customers Friday morning. 

Still, the company is yet to begin paying out these customers.

Submitted by Ace King on, May/20/2011

Lottery Millionaire Kills Landlord Over Eviction

A Michigan lottery millionaire killed his daughter's landlord over her eviction, Detroit police say. 

Submitted by Guest on, May/20/2011

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