Gambling News
Las Vegas Casinos to Be Nationalized?
With Las Vegas casinos drowning in a sea of debt, it may only be a matter of months before they are all bank owned.
Poker Pro Eric Cloutier Charged With Money Laundering, Felony Theft
(Associated Press) A nine-month investigation led to the arrest last Thursday of a Lafayette bar owner and former ice hockey player on charges including money laundering, racketeering, computer fraud and felony theft, state authorities said.
Former Billabong CEO Matthew Perrin Racked Up $1.7 Mil Gambling Debts
Billabong Chief Executive, Matthew Perrin, has left a trail of $28.2 million in unpaid bills to 20 unsecured creditors, according to a bankruptcy filing this week.
The lawyer-turned Web entrepreneur reported racked up over $1.7 million in gambling debts according to The Sydney Morning Herald. His debts include those to Centrebet boss, Con Kafataris ($300,000) and a Flemington bookie, Frank Hudson ($160,000).
Perrin has been in financial distress before, according to the Herald. Ultimately he paid back his debts.
Online Gambling, Sports Betting: Economy Having Little Effect
Gambling911.com spent a few days in the epicenter of online gambling this past week, Costa Rica. There we visited five different offices and met with a few other industry folks as well. The wor
US DoJ Rejects State Lottery Info Request by iMEGA
As first reported Tuesday afternoon on Gambling911.com, Nicholas Bagley, attorney for the US Department of Justice, indicated he will not consent to a request by iMEGA's legal team to inform the US
Bwin in Hot Water Over Affiliated Website's Unauthorized Broadcasts
John Leyden of the Register Newspaper reports that online bookie Bwin is funding a website that links to unauthorised live broadcasts of Premier League and other football matches.
Online Gambling Affiliate Programs Come Together to Take Charge
A group of 65 of the online gaming industry's largest operators and gambling affiliate programs have joined together to collaborate efforts to help ensure the online gaming industry will be manage
DOJ Refuses to Hear of UIGEA Overblocking on State Lotteries
In following up on current developments in this area related to the Unlawful Internet Gaming Enforcement Act, there are several states which are now experiencing blocking of Internet based sales of
Centrebet Loses Out on International All Sports Deal
Australian privately owned wagering shop Sportsbet has taken a 12.3 percent stake in International All Sports, thus effectively knocking out Centrebet International Ltd.
Gambling911.com Reporter Crowned Miss Trashy Cyber Girl
Congratulations to Gambling911.com reporter, Anna Lexington, for being crowned Miss Trashy Cyber Girl for the month of February and she is still in the running for Miss Trashy Cyber Girl of the Yea
Paddy Power Profits Predicted to Plunge
The luck of the Irish may be running out.
Overnight, Gambling911.com had reported on the economic hardships facing Ireland in addition to one of the country's few bright spots - Paddy Power. Ireland's largest bookmaker is one of the few groups expected to deliver a yield of 5.1 per cent in 2009, according to Goodbody projections.
Monday came word that the bookmaking super power could be about to fall on some hard times itself.
Opportunity Awaits Online Gambling in Canada
More and more European online gambling firms are looking towards Canada as a means of breaking into a North American market that does not include the U.S.
BetCRIS Boss Dire(rhea) Advice to Belagio Hotel: I Hope You Go To S***!
The Las Vegas economy is hurting. We all know this. But one online gambling exec had this piece of advice to offer up:
"The Bellagio can go to s***!" BetCRIS boss, Mickey Richardson, lashed out when discussing the state of the economy with Gambling911.com this weekend. He can care less that the famed Las Vegas property has had to slash its rates in order to compete with other strip hotels. "If that's a five star hotel, the rating system is seriously skewed."
James Packer, Crown Casino Help With Australia Fires
Media Man Greg Tingle (pictured with the Salvation Army) reports that James Packer and his Crown Casino have teamed up with the Salvation Army in an effort to help those affected by the Australian
Ireland Bookmakers May Struggle in Midst of Potential Collapse
Much talk has focused on the Republic of Ireland being the most likely to abandon the Euro. Ireland has taken quite a hit in recent months. Could the country become the next Iceland?
Uber Promoter Eddie A. Prepares for Iron Maiden Concert
He's hip, partied with Andy Warhol's Factory friends, and once lived a block down the street from Gambling911.com's Publisher. Now he is Costa Rica's uber concert promoter welcoming acts the like
Jenny Woo: I Still Have Nightmares About Bolt Cutters
Two years ago in Amsterdam at the Casino Affiliate Conference, Gambling911.com Senior International Correspondent, Jenny Woo, was awaken by three men standing over her with bolt cutters.
CAP Losing Sponsorships: Online Casino Group to Pull Out Shortly
An online casino group has told Gambling911.com that they intend to stop sponsorship of the once mighty Casino Affiliate Programs (CAP) platform. The group advised Gambling911.com of its decisi
The Poker Club Writer Calls Review of Film Shocking!
Johnathon Schaech, a writer of an upcoming poker film, The Poker Club, responded to Gambling911.com special contributor Thomas Somach's re
Sports Handicapper on Affects of Internet Gambling Ban
We all know how the Internet Gambling Ban has affected our industry as a whole, including the handicapping business over the past 3 years. Your deposits and withdrawals have become a game of cat
Marvel Comics a Bright Spot for Scarred Cryptologic
Having been embroiled in a public feud with former CEO and 10 percent shareholder, Javaid Azid, the publicly traded online gambling software firm, Cryptologic, can seek some solace in knowing that
Possible Super User Poker Scandal on Full Tilt
There is a currently unsubstantiated rumor circulating on the twoplustwo.co
Scherer Asks for Public Defender at Arraignment
The online poker pro who has been charged in the brutal murder of his own parents has asked Alameda County Superior Court Judge Robert McGuiness for a public defender, stating that he was yet to hi
Foster Care Mums Using Money for Gambling
The Australian on Friday reports that foster carers are taking in abused money in order to collect tax free allowances. A good portion of those funds are being spent at local pubs for the purpose
Legalized Sports Betting Would Mean $30.6 Billion for US Economy
There is much talk this week about legalizing online gambling and in particular sports betting, which would account for a $30.6 billion figure as part of a PriceWaterHouseCoopers 2007 industry fore
Poker Pro Arrested in Murder of Parents
A professional poker player suspected of killing his mother and poker pro father last year in California has been arrested and charged in the slayings.
U.S Could Reap Billions in Tax Revenue With Online Gambling
(Reuters) - The United States could raise nearly $52 billion in revenue over the next decade by lifting a three-year-old ban on Internet gambling and taxing the activity instead, according to a stu
CAP Officials Admit Involvement in CardSpike Online Poker Room
A partner in Casino Affiliate Programs (CAP), Warren Jolly, this week, admitted he was trying to "cover up" his "affiliation with CardSpike", an online poker room that had been
The First Dog: He Won’t be Named After Barney Frank
The White House First Dog is expected by April - a Portuguese Waterdog (a what?). The only thing we don't know is his/her name.
Cake Poker Could Soon Dominate With Aggressive Approach
The Cake Poker Network is just reeling them in of late. Its partnering with major online sportsbetting enterprises could help make Cake one of the top 5 online poker networks by years end.