Gambling News

Slots vs. Online Gambling Focus of IGT Proxy Battle: Comes to Head March 5

A March 5 annual meeting will determine the fate of the world’s largest slot manufacture’s board.

Investor Jason Ader is embroiled in a nasty proxy fight with IGT’s current management. Ader wants to place his own hand-picked executives on the board.

He also feels the company has lost its focus.

Submitted by Aaron Goldstein on, Fri, 02/22/2013 - 11:09

Oscar Odds 2013: Best Supporting Actor Category is Tight

Oscar Odds 2013 for Best Supporting Actor were available at BetOnline, where you can receive up to $900 in FREE CASH when opening an online betting account here.

Submitted by Jordan Bach on, Thu, 02/21/2013 - 20:56

Oscar Odds 2013: Best Picture

Oscar Odds 2013 for Best Picture were available at BetOnline, where you can receive up to $900 in FREE CASH when opening an online betting account here.

Submitted by Jordan Bach on, Thu, 02/21/2013 - 20:45

Hotel Altercation Sparked Vegas Strip Shooting: Three Dead, Manhunt On

Las Vegas – (Associated Press) - Police say a deadly car-to-car shooting and fiery crash at a major Las Vegas Strip intersection started with an argument in the valet area of the Aria resort.

Sheriff Doug Gillespie made the disclosure Thursday about the early morning incident that left three people dead and at least six injured. Police withheld the names citing the ongoing investigation.

Submitted by Associated Press on, Thu, 02/21/2013 - 18:40

Nevada Legislature Passes Online Gambling Bill: No Need for Federal Bill

CARSON CITY, Nev. (Associated Press) — The Nevada Legislature unanimously approved an online gambling bill Thursday, sending the bill to Gov. Brian Sandoval on a fast-track effort to retain the state's status as the leader in gambling regulation.

Submitted by Associated Press on, Thu, 02/21/2013 - 18:32

Ladbrokes Gaining Ground in Online Gambling

(Reuters) - Ladbrokes, Britain's second-largest bookmaker, expects to see payback this year from a 50 million pound ($77 million investment in an online business that had failed to keep pace with rivals.

While growing numbers of people are gambling via smartphones and tablet computers, Ladbrokes has been hit by delays upgrading its technology. It has lost ground to market leader William Hill in online and faced competition from smaller rivals.

Submitted by Reuters on, Thu, 02/21/2013 - 12:55

IGT’s Best Talent Have Been Jumping Ship: Endorse Ader Move

With the turmoil at IGT, some of that company’s best talent have decided to walk away.

Submitted by Aaron Goldstein on, Thu, 02/21/2013 - 12:38

PokerStars to Open Macau’s Largest Branded Poker Room at City of Dreams

ONCHAN, ISLE OF MAN –– PokerStars will launch a branded live poker room at City of Dreams, one of Asia’s leading integrated entertainment resorts offering the foremost in premium world-class leisure, gaming and entertainment, establishing Macau’s largest dedicated poker room to meet the growing interest and demand in poker in Asia.

Submitted by Press Release on, Thu, 02/21/2013 - 09:38

Peter Turkson, Marc Ouellet, Angelo Scola Co-Favorites to be Named Next Pope

Peter Turkson, the Cardinal of Ghana, Marc Ouellet of Canada and Angelo Scola of Italy are each favoured to be named the next Pope to succeed retiring Pope Benedict next month.

Submitted by Gilbert Horowitz on, Wed, 02/20/2013 - 22:26

Academy Awards 2013 Best Director Betting Odds Have Value

Unlike some of the categories at this year’s Oscars, the Academy Awards 2013 Best Director betting odds do have some degree of value. BetOnline was offering odds on the Oscars where qualified new customers can receive up to $900 in FREE BETS.

Submitted by Jordan Bach on, Wed, 02/20/2013 - 21:29

AGA Chief on Why No Federal Law Allowing Online Poker: ‘Puritanism’

American Gaming Association’s outgoing head Frank Fahrenkopf suggested Tuesday night that a bill to legalize online poker should emerge in the House over the next couple of weeks, quite possibly authored by Republican Joe Barton of Texas.

But when asked why no bill has passed after several attempts, Fahrenkopf had one word: “Puritanism”.

Submitted by Ace King on, Wed, 02/20/2013 - 21:15

2013 Chicago Poker Classic Schedule Announced

Hammond, IN — Caesars Entertainment has announced the official schedule for the 4^th Annual Chicago Poker Classic (CPC), taking place Wednesday, February 20 through Monday, March 4, 2013, at the $500 million Horseshoe Casino, just 20 minutes from downtown Chicago. Being held in The Venue — Horseshoe Casino’s 90,000 square foot entertainment center and home of the World Series of Poker Circuit event — the 2013 CPC is set to be better and richer than ever before. With a $1 million guaranteed opening event and more than $600,000 being added to prize pools

Submitted by C Costigan on, Wed, 02/20/2013 - 20:11

IGT Urged to Commence 'Dutch Auction' Tender Offer

NEW YORK -- Orange Capital, LLC (“Orange Capital”), a New York-based investment firm, has issued a second open letter (text below) to the Board of Directors of International Game Technology (NYSE: IGT) (“IGT” or the “Company”) in response to the Company’s recent share price performance and election contest with the Ader Group:

The full text of the letter follows:

February 20, 2013

Philip G. Satre Chairman of the Board International Game Technology 6355 South Buffalo Drive Las Vegas, Nevada 89113

Dear Mr. Satre:

Submitted by Press Release on, Wed, 02/20/2013 - 15:32

The Plane Truth: IGT CEO Appeared to Use Company Jet for Private Use

In Grave Turmoil: That’s not what IGT, the world’s largest slots manufacturer, stands for, but it may as well be.

Forbes.com on Wednesday published a scathing report that seems to suggest IGT CEO Patti Hart may have used a company jet for her own personal use.

Hart is currently embroiled in a nasty proxy fight with investor Jason Ader, who is seeking to wrestle away control and plant three of his own executives upon the board.

Submitted by Jagajeet Chiba on, Wed, 02/20/2013 - 15:24

Online Cee-lo and 1-4-24 Dice Games Rolled Out by Juicy Stakes: Big Cash Promo

Popular online gaming site, Juicy Stakes is now rolling two dice games new to the real money scene, Cee-lo and 1-4-24. Hit the alley to catch Strungflowers and avoid the Dancing Dragon in three dice Cee-lo or try your hand at 1-4-24. Play and real money, multi-player games are now rolling under the all new Dice tab within the Juicy software.

Submitted by Press Release on, Wed, 02/20/2013 - 12:36

Federal Bill on Internet Poker Coming Within Few Weeks (Video)

Speaking on the Ralston Reports Tuesday night, outgoing American Gaming Association head Frank Fahrenkopf said that a bill to legalize online poker at the federal level is likely to be introduced in the House within the next few weeks (of February 19, 2013).

Submitted by C Costigan on, Wed, 02/20/2013 - 12:05

Institutional Shareholder Services Backs Ader Group in IGT Proxy Battle

Institutional Shareholder Services (ISS) recommends that shareholders of International Game Technology (NYSE: IGT) use the GOLD proxy card to vote at the company’s March 5^th annual meeting. ISS is one of the nation’s leading independent proxy voting advisory firms, providing voting recommendations to thousands of pension and mutual funds and other institutional investors.

Submitted by Press Release on, Wed, 02/20/2013 - 11:39

UK Tax Agreement Update With Online Gambling Haven Isle of Man

The Isle of Man Government sees that the move to automatic information is a "game changer" and, as you will be aware, has embraced the concept in the agreements that it proposes to enter into with the USA and UK.

Negotiations have moved at pace with the UK since 7th December and we are now in a position to update you in a number of areas.

In the Budget Speech yesterday, the Treasury Minister confirmed that progress is being made.

Submitted by Press Release on, Wed, 02/20/2013 - 10:35

Poker Pro Marcus Bebb-Jones Pleads Guilty to Murder of Wife

UK poker pro Marcus Bebb-Jones has plead guilty of murdering his wife in 1997, thus avoiding a trial that was set to begin April 1. He admitted to dumping her body in a Colorado national park. Her skull was discovered in Douglass Pass in 2004. The body has never been found.

The poker pro had previously denied killing his Vietnamese-American wife Sabrina Bebb-Jones. He would eventually be arrested in 2009.

The 49-year-old entered his plea on Friday and is due to be sentenced on 1 May.

Submitted by Jagajeet Chiba on, Tue, 02/19/2013 - 23:11

Governor Christie to Sign Internet Gambling Bill Feb 26 or 27

LAVALLETTE, N.J. (Associated Press) — Gov. Chris Christie said Tuesday that he will quickly sign an Internet gambling bill if lawmakers make the changes he wants to the legislation.

At an appearance in Lavallette, the governor said he could conceivably sign the bill the same day the Legislature approved those changes, or the next day, "depending on how my day is going."

Assuming the state Assembly and Senate approve an amended bill, "There's no reason not to sign it quickly," Christie said.

Submitted by Associated Press on, Tue, 02/19/2013 - 21:46

Chris ‘Jesus’ Ferguson Settles With DOJ Over Full Tilt Poker Ponzi Scheme

Poker pro and one time part owner of Full Tilt Poker has settled with US authorities who accused him of participating in an elaborate ponzi scheme.

The DOJ accused Ferguson and three other directors of draining approximately $444 million of customer funds into their own personal bank accounts over a period of several months.

Submitted by Ace King on, Tue, 02/19/2013 - 21:35

Fahrenkopf on Christie’s Obama ‘French Kiss’, House Web Poker Bill in 2 Weeks

Appearing on the Ralston Report Tuesday evening, outgoing American Gaming Association chief Frank Fahrenkopf blasted New Jersey Governor Chris Christie for what he called an “overboard” reaction to US President Barack Obama’s visit to the Garden State following Super Storm Sandy’s massive destruction.

“He kissed him. He didn’t have to French-kiss him. I think he went overboard.”

Submitted by Ace King on, Tue, 02/19/2013 - 21:21

Revel Casino in Atlantic City to File for Bankruptcy Protection

ATLANTIC CITY, N.J. (Associated Press) -- Revel, the casino many people had hoped would turn around Atlantic City's sagging fortunes, said Tuesday that it will file for Chapter 11 bankruptcy protection in March, less than a year after it opened.

The voluntary, prepackaged bankruptcy envisioned for late March will wipe away about two-thirds of its $1.5 billion in debt by converting more than $1 billion of it into equity for lenders.

Kevin DeSanctis, Revel's CEO, said the restructuring will give the casino resort more flexibility to operate.

Submitted by Associated Press on, Tue, 02/19/2013 - 20:55

Best Actress Odds – 2013 Oscars: We Have Another ‘Lock’ With Jennifer Lawrence

Jennifer Lawrence was a huge -3000 odds favourite to win Best Actress at the 2013 Oscars for her role in “Silver Linings Playbook”. Bookmaker was offering all Academy Awards betting odds here.

Submitted by Jordan Bach on, Tue, 02/19/2013 - 16:15

Miami Hurricanes 23-3 Against The Spread So Far This Season

Savvy sports bettors have been making out big in College Basketball on the Miami Hurricanes.

The Hurricanes have gone 23-3 Against The Spread thus far this season, winning nearly 80 percent for gamblers.

Submitted by Tyrone Black on, Tue, 02/19/2013 - 15:21

New Reality Show Seeks Vegas-Based Poker Pros With Big Houses

A new reality series called “Four Houses” is looking for a few poker pros who own mansions in and around the Las Vegas area.

Associate Casting Producer Russell Berman described the basic premise for the TLC program.

Submitted by Ace King on, Tue, 02/19/2013 - 14:50

PokerRoom.com Shuts Down Again

A year after it reopened. Ongame skin PokerRoom.com has shut its doors once again.

Customers can move their funds to parent company party.bwin, which has assured them that their funds are safe.

A forum community associated with PokerRoom.com, Pokah, has also been shuttered.

No advance warning was apparently provided.

PokerRoom.com initially launched in 1999 and was one of the very first online poker rooms. It was purchased by Bwin in 2005 prior to that company’s merger with PartyGaming.

- Aaron Goldstein, Gambling911.com

Submitted by Aaron Goldstein on, Tue, 02/19/2013 - 14:32

IGT Employee: ‘I Feel Like a Battered Wife Who Can’t Leave My Husband’

CEO forces staff to drink liquid concentrate forms of coffee while she insists on having her's freshly ground. Does not talk to employees face-to-face.

As if the situation weren’t complicated enough with a proxy battle underway at IGT, the world’s largest slots manufacturer employees have begun reaching out to Gambling911.com offering their own personal horror stories as to what it is like working for the beleaguered gaming firm.

Submitted by Jagajeet Chiba on, Tue, 02/19/2013 - 13:43

Alabama Casino VictoryLand Raided

MONTGOMERY, Ala. Alabama Attorney General Luther Strange announced Tuesday morning that gambling machines and cash were seized at VictoryLand casino in Macon County.

VictoryLand’s developer and others involved with the casino were charged last year with vote selling. The casino had previously been shut down in 2010 after a crackdown by then-governor Bob Riley.

A release from Strange's office made mention of a months-long investigation into electronic bingo machines that authorities determined were illegal.

- Gilbert Horowitz, Gambling911.com

Submitted by Gilbert Horowitz on, Tue, 02/19/2013 - 11:40