Gambling News

Cryptologic Predicts Losses of $3.6 Million in Quarter

While long established online gambling software provider, Cryptologic (TSX:CRY) , was anticipating operating losses of $1 million to $1.5 million in the current quarter, the foreign exchange loss w

Submitted by Jagajeet Chiba on, Sep/25/2008

Poker Players Alliance Turns Down Invitation to Work With iMEGA

The powerful million plus member Poker Players Alliance has turned down an invite to work with The Interactive Media Entertainment & Gaming Association

Submitted by C Costigan on, Sep/24/2008

State Relies on Fear Factor But Industry: Online Gambling Fights Back

The Commonwealth of Kentucky will be holding a hearing on Thursday to determine if it can seize up to 141 online gambling related domain names.

Gov. Steve Beshear said his administration has asked a Franklin County Circuit Court judge to give the state control of 141 gambling Web site domain names. Beshear said he's looking to restrict Kentuckians' access to Web sites with names that include some of the most popular gambling sites for U.S. players: bodoglife.com, doylesroom.com and fulltiltpoker.com.

Beshear referred to these online gambling firms as "blood suckers".

Submitted by C Costigan on, Sep/24/2008

PokerStars Ad Banned for Implying Gambling Makes a Person Confident

The world's largest online poker room has been busted by the Advertising Standards Authority out of Great Britain.

Submitted by C Costigan on, Sep/24/2008

Poker Players Alliance Issues Statement Regarding Kentucky Domain Seizures

John Pappas, executive director of the Poker Players Alliance (PPA), the leading poker grassroots advocacy group with more than one million members nation-wide and more than 13,000 members in the C

Submitted by Guest on, Sep/23/2008

Kentucky Seizes Online Gambling Domains From Dead Man

Doleplex Holdings has lost two of its online casino domain names to the state of Kentucky in a seizure. HighRollersLounge.com was transferred over to the commonwealth on Tuesday.

Submitted by C Costigan on, Sep/23/2008

Steve Beshear Seizes Website: NightMARE for Horse Gambling, Poker

Even before Thursday's hearing to determine whether 141 online gambling would be seized by the Commonwealth of Kentucky, Governor Steve Beshear apparently has wasted little time.

Gambling911.com broke the story Tuesday that LuckyPyramidCasino.com is now in the control of one Commonwealth of Kentucky Justice Cabinet Eric Lycan. LuckyPyramid registrar name was transferred this week to the state. The online casino was part of the popular Real Time Gaming software platform.

Submitted by C Costigan on, Sep/23/2008

Kentucky Commonwealth Takes Control of First Online Gambling Domain

The commonwealth of Kentucky has taken control of an online gambling company in its first successful seizure of domain names.

Submitted by C Costigan on, Sep/23/2008

Poker Players Alliance May Not Have Legal Standing in Kentucky

John Pappas, executive director of the Washington D.C.-based Poker Players Alliance, said in a statement that the move by Kentucky's Democrat Governor Steve Beshear to seize 141 online gambling dom

Submitted by C Costigan on, Sep/23/2008

Norwegian Bishop’s Son's Online Gambling Debts Mount

Top community officials are among those who unwittingly lent large sums of money to finance a Norwegian bishop's son's online gambling debuts, according to a report filed by the Aftenposten news or

Submitted by C Costigan on, Sep/23/2008

Kentucky Governor Steve Beshear Potential Abuse of Power in Domain Issue

The Interactive Media Entertainment & Gaming Association (iMEGA.org) suggested Tuesday that Kentucky Governor Steve Beshear's attempt to seize 141 Internet domain names from online gambling web

Submitted by C Costigan on, Sep/23/2008

Bwin Loses Bid to Halt Online Ban in German State

(Bloomberg) - Bwin Interactive Entertainment AG lost a court bid to overturn a 2007 prohibition against offering online gambling and other Internet games to customers in the German state of Lower S

Submitted by Guest on, Sep/23/2008

Kentucky Governor Calls Online Gambling Websites Leeches

FRANKFORT, Ky.

Submitted by Guest on, Sep/22/2008

Online Gambling Domain Name Seizures Has Internet on Edge

News that the state of Kentucky was looking to seize 141 online gambling related domain names had everyone across the Internet wondering "Who's going to be next?".

Kentucky's pro-gambling governor is looking to make sure all bets are off for these Web sites that operate in the state that's home to the world's biggest horse race, that being the Kentucky Derby. That race is the single most bet on event after the Super Bowl and nearly rivals it.

Submitted by C Costigan on, Sep/22/2008

Malta Gaming Authority’s CEO Rumored to be Resigning

The Malta Lotteries and Gaming Authority's Chief Executive Officer, Mario Galea, did nothing to confirm or deny persistent reports that he was resigning this past weekend.

Submitted by Guest on, Sep/21/2008

iMEGA Founder Not Welcome in Barcelona for Online Gambling Conference

While the European Union was meeting with members of Congress regarding an online gambling trade dispute at a time when the US is experiencing its worst economic crisis since the Depression, Gambli

Submitted by C Costigan on, Sep/19/2008

Things You Need to Know About the $75 Mil UltimateBet Claim

MSNBC.com reported on Thursday that there was a $75 million claim involving UltimateBet.com, a leading online poker room.

Submitted by Jagajeet Chiba on, Sep/19/2008

5 Percent on Losses Back at Sportsbook.com Through September

The largest online sports book in terms of overall customer volume,

Submitted by C Costigan on, Sep/19/2008

Feds Asked to Stop Seminoles Vegas Style Gambling

Attorney General Bill McCollum wants a federal agency to step in and halt Las Vegas-style gambling at Seminole Indian casinos in Florida, according to a CBS4 repor

Submitted by Jagajeet Chiba on, Sep/19/2008

Betting on Stocks Still Available…. Just Not From SEC

The Securities and Exchange Commission early Friday imposed a temporary emergency ban on short-selling of financial company stocks, a trading method that bets the stocks will go down.

Submitted by Jagajeet Chiba on, Sep/19/2008

Barney Frank Online Gambling Bill Will Go Through Tedious Process

The online gambling sector this week is in celebratory mood thanks once again to Congressman Barney Frank.

Submitted by C Costigan on, Sep/19/2008

Montreal Police Still Try to Solve Murder Possibly Tied to Gambling Ring

Richard Griffin was shot dead in front of his home on July 12, 2006.

Submitted by Guest on, Sep/18/2008

Phil Hellmuth Stands by UltimateBet: $75 Mil Claim Made By Poker Company

Phil Hellmuth, who holds the record for most World Series of Poker bracelets won, insists that online poker room UltimateBet is doing everything possible to clean up the mess left by a few bad appl

Submitted by C Costigan on, Sep/18/2008

Parents of Murdered Couple Appeal for Help in Internet Gambling Scam Case

Xi Zhou and Zhen Xing Yang, both 25, were found dead in separate bedrooms of the flat they shared in 8 Croydon Road in the west end of Newcastle on August 9, victims in what authorities have been c

Submitted by Jagajeet Chiba on, Sep/18/2008

William Hill, Rank Group and Ladbrokes Share Price Surge

British online gambling firms rose more than 6 percent in heavy London trading Thursday, an optimistic sign in a troubled economic climate.

Submitted by C Costigan on, Sep/18/2008

EU Gambling Firms See WTO Case Coming Against U.S.

(Reuters) - A dispute over U.S.

Submitted by Guest on, Sep/17/2008

Barney Frank a Busy Man Amidst Wall Street Turmoil, Online Gambling Bill

Chairman of House Financial Services Committee, Barney Frank, has been a busy man these days.

Submitted by C Costigan on, Sep/17/2008

Russian Mafia Leads Among Top 10 Criminal Organizations

Askmen.com has named the Russian mafia as the leading criminal organization in the world followed by the Yamaguchi-gumi syndicate, the biggest of Japan's Yakuza crime clans.

Ian Brandes of the Daily Record points out that the Russian mafia is involved in everything from stolen art to nuclear technology and that they often "leave rivals riddled with bullets in the streets of Moscow."

Moscow's Solntsevskaya Bratva, known as the Brotherhood, have just been named the worst criminal gang in the world in a major survey.

Submitted by C Costigan on, Sep/17/2008

Statement by PPA Chairman D’Amato on Passage of H.R. 68

Former Senator Alfonse D'Amato, chairman of the Poker Players Alliance (PPA), the leading poker grassroots advocacy group with more than one million members nationwide, today issued the following s

Submitted by Guest on, Sep/16/2008

Las Vegas Begs Poker Players to Start Playing “regular” games

Forbes.com announced last week that Vegas gambling revenue declined 14 percent in the month of July. Shortly following that announcement it was leaked that leaders from the large casinos such as The Bellagio and The Wynn have asked big poker players like Doyle Brunson and Phil Ivey to start playing "regular" games like Craps and Blackjack so that they have a shot at their money too.

When reached for comment, Phil just stared down the camera.

Submitted by Guest on, Sep/16/2008

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