New Credit Card Code for Online Gambling in New Jersey Should Reduce Decline Rate
A new credit card code is set to be introduced for online gambling in New Jersey come Springtime, thus helping to reduce decline rates.
Reports suggest that the approval rate for Visa cards has been around 73% on average for Visa with a dismal 44% for Mastercard. American Express does not allow transactions for online gambling at this time.
While online gambling is legal in New Jersey, many credit card issuing banks, including Wells Fargo, have refused to allow transactions for Web gambling due to federal legislation.
William Hill Shares Sent Spiraling After Bookies Loses Millions
A series of Premiere League favorites winning this past weekend has cost bookmakers - including the UK’s largest, William Hill – millions of dollars.
ReverseFantasyFootball.com Review – Daily Fantasy Sports
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Mortgage Scammer Pleads Guilty for Operating Illegal Sports Betting Ring
FARGO, North Dakota — (Associated Press) - A Minnesota man accused of running an illegal gambling operation in North Dakota has reached a plea agreement with federal prosecutors.
Court documents show Gerald Greenfield, of Bloomington, Minnesota, plans to plead guilty to transmitting wager information and money laundering. KFGO-AM reports that details of the plea agreement have not been released.
Greenfield is charged in federal court with three counts, including conducting a sports betting business and conspiracy to commit money laundering.
Super Bowl 2015 Not So Super For Fantasy Sports Leagues
According to the law, they can’t offer any Super Bowl action
The Super Bowl is annually the biggest betting day of the year for casino sportsbooks in Las Vegas.
More money will be wagered on that one game at the sportsbooks than any other sporting event of the year.
Super Bowl 2015 Betting Early Action Results in Dramatic Line Movements
Carrie Stroup here with news regarding the Super Bowl 2015 early betting action, which has been brisk to say the least at Sportsbook.ag.
First GPI's World Cup : Global Poker Masters 8 Teams Revealed
Sliema, Malta - The Global Poker Index (GPI), poker’s ranking authority, has officially announced dates and full event details for the first-ever Global Poker Masters (Masters) -
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Man Sentenced for Internet Poker Fraud: Ordered to Return £1 million
Poker pro Darren “DooshCom” Woods has been sentenced to 15 months prison time for an online poker fraud he committed between the period January 2007 to 2012. His father was also implicated in the criminal activity.
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Charles Barkley Lost How Many Millions Gambling?
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Paddy Power Pays Shampoo Spokes Model David Ginola to Run for FIFA President
The ever controversial Irish-based bookmaker Paddy Power is said to be paying David Ginola, a L’Oreal Shampoo spokes model, $380,000 to run for FIFA President.
Bitcoin is 10 Percent of Americas Cardroom’s Business Right Now Reveals CEO
Americas Cardroom CEO Phil Nagy tells Gambling911.com, the anonymous digital currency Bitcoin has thus far impressed at his online poker business.
“Bitcoin is doing good for us,” he told G911 this week. “It is 10 percent of our overall business right now.”
Pay Per Head for the NFL Conference Championships
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Caesars Bankruptcy Filed Then Halted by Judge
Delaware/CHICAGO (Reuters) - The operating unit of Caesars Entertainment Corp, the largest U.S. casino company, filed for Chapter 11 bankruptcy in Chicago on Thursday to cut $10 billion of debt, but a Delaware judge intervened to halt the case before it got started.
The unusual legal standoff marked the start of a more public phase of complex and contentious debt negotiations. Until now, the company's attempts to cut interest payments after years of red ink have been kept mostly private.
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NJ Group Files Brief in Sports Betting Case: Cites Leagues Deals With Fantasy Firms
NEWARK, N.J. (Associated Press) — A court filing Wednesday in New Jersey's effort to allow sports betting takes the four major pro sports leagues to task for their involvement in fantasy sports competitions, claiming that that precludes them from dictating what the state can do.
The filing was made by the New Jersey Thoroughbred Horsemen's Association to the 3rd U.S. Circuit Court of Appeals, which will hear arguments in the case later this year.
Latin American Poker Tour 2015 Season 8 Unveiled
ONCHAN, Isle of Man – PokerStars today announced the schedule for season eight of the Latin American Poker Tour (LAPT). Latin America’s richest poker tour will be visiting two new destinations, introducing new game formats and increasing the LAPT Main Event buy-in.
Amaya, PokerStars Second Quarter Sportsbook Rollout Planned
Amaya Inc. ("Amaya" or the "Corporation") (TSX: AYA) on Thursday provided an update on its PokerStars online gaming consumer business and that Chairman and CEO David Baazov will make a speech at an investment conference in Toronto.
BUSINESS UPDATE
Successful completion of Casino Rollout
Ilkin Garibli Wins Record-Breaking $25K PCA 2015 High Roller
Ilkin Garibli has won the record-breaking $25k PCA 2015 HIgh Roller for $1,105,040 after beating American pro Joe Kuether heads-up. The pair chopped the event at 10.30pm but battled on for over two hours in a bid to win the title, the trophy and “Steel and Rose Gold” watch from SLYDE, the Official Watch Sponsor for the PCA Main Event, High Roller and Super High Roller.
Garibli, 26, from Azerbaijan, is normally a cash game player but just happened to be holidaying in the Bahamas when the PCA hit town. Some poker friends persuaded him to stay on and lo, he’s a million bucks up.
Atlantic City Loses Half Its Revenue Over Eight Years
ATLANTIC CITY, N.J. - (Associated Press) -- Atlantic City has lost nearly half its casino revenue over the past eight years as competition in nearby states cannibalized its market and drove four casinos out of business.
Figures released Wednesday by the New Jersey Division of Gaming Enforcement show the casinos took in $2.74 billion in 2014, or about what the industry brought in in 1988. That is down 48 percent from a high of $5.2 billion in 2006. The decline would have been greater without the $122 million that Internet gambling provided last year.
Americas Cardroom CEO Talks DoS Attacks, Million Dollar Event, More (Archived)
America's Card Room will be offering the Online Super Series IV Rematch from February 13th to February 22nd. This event will feature 10 days of jam packed excitement leading up to the $1,000,000 Guaranteed prize pool.
The Main Event on February 22nd at 3pm ET is being billed as the single biggest online poker tournament for US players in 4 years!
Wife of French Poker Pro Philippe Ktorza Caught Up in Paris Terror Attacks
French poker pro Philippe Ktorza relayed to the BBC how his wife just barely escaped the terror attack last week at a kosher market in Paris, France.
Savard Leads Final 11 Players at Record Breaking $25K PCA 2015 High Roller
Jean-Pascal Savard is leading the final 11 players in the record-breaking $25k PCA 2015 HIgh Roller. There were 269 entries for the event (200 unique players and 69 re-entries) generating a $6,456,000 prize pool. This is the biggest PCA High Roller ever held, and the seventh largest $25,000 buy-in tournament in poker history.
Chance Kornuth Leads PCA Main Event 2015 as Final Table Set: WATCH LIVE
American pro Chance Kornuth is leading the final six players in the 2015 $10k PCA Main Event. The 28-year-old, who already has $1.7m in live tournament winnings, returns tomorrow with 7,860,000 in chips. He will be cheered on by fiancee Emily who flew in this morning from Florida to surprise him.
$1.3 Million 1st Prize for a Poker Tournament Side Event Almost Unheard of
Everybody is buzzing about this year’s $6.4MM Prize Pool For the $25K High Roller event at the PCA 2015. The grand prize: A cool $1,294,460.
#PCA2015 High Roller Prize Pool: Winner to Get $1,294,46
The winner of the record-breaking PCA 2105 $25k High Roller will receive $1,294,460. There were 269 entries for the event (200 unique players and 69 re-entries) generating a $6,456,000 prize pool.
Investigation Widens Into Footballer Michael McIndoe and Gambling Exploits
Former Scotland B international footballer Michael McIndoe is accused of recruiting other players into investment ventures which collapsed and the United Kingdom's biggest bookmaker has turned over all relevant information tied to McIndoe's betting account for investigating authorities.
