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 5th 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,

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,

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,

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,

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,

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,

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,

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,

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,

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,

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,

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,

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,

2013 Oscars Odds for Best Actor has Daniel Day Lewis a ‘Lock’

Looking for 2013 Oscar odds for Best Actor?  Bookmaker has them but be prepared to pay a steep price. 

Bookmaker-2500-091412A.jpg

Daniel Day-Lewis is the big favourite at -10000, meaning you will need to bet $100 to win a single dollar.  Ouch!

Submitted by Jordan Bach on,

World Series of Poker May Name Event After Lakers Owner Jerry Buss

With Los Angeles Lakers owner Jerry Buss passing away on Monday from cancer, it was announced the avid poker player will be honored by the World Series of Poker.  One WSOP event may even be named after him, according to a statement issued to TMZ.com

Submitted by Nagesh Rath on,

Americas Cardroom’s MOSS II Series ‘Wildly Successful’

Just in time for President's Day, Americas Cardroom is handing out more Benjamins than everyone expected. The online poker site confirmed that the first weekend of its MOSS II series was wildly successful, with almost $21,000 more paid out than what had been guaranteed. The Mini Online Super Series II resumed Monday at 10am, events running until 10pm ET.

Submitted by Press Release on,

Poker Maximus IV – Final Day Recap

Poker Maximus  IV at Carbon Poker  concluded on Sunday with four great Main Events that had over $300K in guaranteed money up for grabs. All four events were marathons that went well into the early hours of the morning and for those that were lucky enough to last that long, they were rewarded quite handsomely for their great play. Here’s how each event broke down:

Submitted by Matt Skinner on,

Hart Attacked! Forbes Stops Short of Calling IGT CEO ‘Incompetent’

A Forbes.com piece published online Monday questions whether Patti Hart can maintain her post as CEO of the world’s largest slot manufacturer IGT.

Cake-Square-010712.jpg

Hart is currently embroiled in a nasty proxy battle with Jason Ader, whose group is attempting to place three of its own handpicked individuals on the IGT board and, presumably, remove Ms. Hart.

Submitted by Aaron Goldstein on,

Playing With Fire: Dozens of Credit Cards Compromised at ICE Gambling Event

Dozens of attendees at this month’s ICE online gambling event in London, England have reported that their credit cards had been compromised.

ICE, or International Casino Exhibition, is one of the largest and most comprehensive b2b gaming exhibitions held during the year.  The 2013 event took place February 5 thru 7.

The cards were reportedly compromised via smartphone usage at the event itself.

Attendees reported suspicious charges they themselves did not attempt. 

Submitted by Jagajeet Chiba on,

PokerStars Now Refers Poker Players to Morningside Recovery After G911 Story

Following Gambling911.com’s Senior International Correspondent Jenny Woo’s interview with Morningside Recovery’s gambling addiction specialist Dr. Elizabeth Waterman, Psy.D, the world’s largest online poker site, PokerStars, has begun referring their own pros to this prestigious organization. 

Submitted by Ace King on,

Poker Maximus IV – Day 10 Recap

The last Saturday of Poker Maximus IV at Carbon Poker  brought four new winners to the series as players at Carbon get ready for Sunday’s big day of Main Events.

Submitted by Matt Skinner on,

Las Vegas Review Journal Picks Up on G911 IGT-Bringit Exclusive

The IGT proxy fight is getting uglier by the day, even with a national holiday occurring in the States.

The Las Vegas Review Journal picked up on Gambling911.com’s exclusive whereby IGT CEO Patti Hart failed to disclose material information to all investors that a Silicon Valley-based investment bank where her husband is a top executive oversaw the slot machine maker's purchase of a small social gaming technology company last year.

Submitted by Aaron Goldstein on,

Morningside Recovery Center: Stop Watching Woo and Put Away Sock Puppet!

Morningside Recovery Center, the national renowned rehab center that Gambling 911 revealed treated Poker pro Erick Lindgren to overcome his gambling addiction with a specified program for him allowing him to stay in control of the gambling which he does for a living has recently completed a survey which makes us think too many out there are thinking about resident MILF Jenny Woo (pictured).

Submitted by Jagajeet Chiba on,

Pope Betting Odds Released by Bookmaker: Country of Origin, Age

Bookmaker has gotten in on the next Pope betting odds, offering prices on his country of origin and age.  Gambling911.com can also, for the first time, get a glimpse of where the action is leaning.

Bookmaker-2500-091412A.jpg

Submitted by Jordan Bach on,

Poker Maximus IV – Day 9 Recap

The final Friday of PM IV at Carbon Poker had three different forms of poker available to players as a NL Hold’em, Stud8 and PLO tournament were played out. With over $75K in prized paid out on this day there was no shortage of cash up for grabs as three new winners were crowned in PM IV.

Submitted by Matt Skinner on,

Americas Cardroom $500,000 MOSS II Poker Series Kicks Off

Valentine's Day might be over, but Americas Cardroom is giving poker players 500,000 big reasons to love them—for the remainder of the month. The wildly successful Mini Online Super Series kicks off today, featuring a $500,000 guaranteed prize pool spread out over 100 events. Buy-ins for MOSS II start at just $2+0.20. On Sunday there will be a $75,000 guaranteed on the table in a $100+9 event.

Submitted by Press Release on,

Poker Maximus IV – Day 8 Recap

Carbon Poker’s Poker Maximus IV series crowned three new winners during Thursday’s action and with over $17K alone going to those respective winners, there was no shortage of prize money available to poker players on this day. Here’s how each event wrapped up.  Join Carbon Poker Here

Submitted by Matt Skinner on,

Why Zynga Fell Hard Tuesday: Abusive Short Selling Uncovered

Just after Gambling911.com reported on how online gaming company Zynga had been flying high on the stock market, its share price collapsed by nearly 12 percent with volume three times the norm.

Submitted by Aaron Goldstein on,

Pope Madness 2013: Introducing the Pope Bracket

With Pope Benedict retiring, bets are being taken on who will be the next Pope.  And then there are Pope brackets.

An Iowa company has put together a bracket to keep track of all the possibilities. They have included the top 16 choices (based on Vegas odds).

Submitted by Jagajeet Chiba on,

Ashton Kutcher: ‘I Once Ran Nation's Biggest Sports Syndicate’

“Two and a Half Men” star Ashton Kutcher confessed in an interview with Esquire Magazine that he once ran the largest sports betting syndicate in the US. 

Kutcher claimed he used his “dumb” persona to his advantage.

Submitted by Jagajeet Chiba on,

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