Zynga Stocks Continue to Slide: World’s Largest Free Poker Site in Danger

Shares in Zynga, home to the world’s largest free play online poker site, continued to slide on Friday as the company slashed its guidance. 

Shares of Zynga fell a whopping 17 percent Friday following news of a weak demand for its web-based games, including the once uber popular FarmVille. 

Submitted by Aaron Goldstein on,

New Jersey Man Pleads Guilty in Philadelphia Mob Case

PHILADELPHIA (Associated Press) — A New Jersey man has pleaded guilty in a Philadelphia mob case to charges he participated in an illegal gambling and health benefits conspiracy.

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Federal prosecutors say 45-year-old Caldwell, N.J., resident Louis Fazzini pleaded guilty Friday to participating in a racketeering conspiracy involving illegal gambling and theft from an employee benefit plan.

Submitted by Associated Press on,

New Unemployment Rate Numbers Could Boost Obama Odds

Just when you thought GOP nominee Mitt Romney was starting to make some headway in the US Presidential race, jobless numbers released Friday took a sharp and unexpected decline, the lowest they have been in four years.

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Submitted by Carrie Stroup on,

Boy Band Member Niall Horan on Group’s Gambling Addiction: ‘It Got a Bit Ugly’

19-year-old One Direction band mate Niall Horan is speaking out about groupies, grandiosity and gambling in an interview with The Sun newspaper. 

The one time “X Factor” contestant says of his and other band members exploits down under before turning 19:  “Like most of the stupid things we do, it seemed like it was a good idea at the time. “We thought it was funny. We just thought, 'We're 18, this is the first time we've been able to spend a bit of money in weeks because we've been on the road. In all honesty, I didn't have a clue what was happening.

Submitted by Jagajeet Chiba on,

Poker Pro Phil Hellmuth ‘I Played the Best Poker of My Life in this Tournament’ (Video)

A jubilant Phil Hellmuth celebrated his 13th World Series of Poker win, breaking his own record for number of gold bracelets won.

“I played the best poker of my life in this tournament,” he proclaimed, having led throughout the Final Thursday and ultimately defeating Ukrainian Sergii Baranov.

The shout outs were prevalent throughout the Twitter universe, even resulting in the “Texas Dolly” Doyle Brunson uttering a rare curse word. 

Doyle Brunson ‏‪@TexDolly

Submitted by Ace King on,

Phil Hellmuth The Greatest Poker Player Ever

Phil Hellmuth has won his 13th World Series of Poker bracelet.  Hellmuth had led with chips throughout the entire Final. 

Following Stephane Albertini’s elimination in third place, it was Hellmuth vs. Sergii Baranov at the 2012 World Series of Poker Europe Main Event.  Baranov, the latest in a line of successful Russian poker players, had already amassed over $200,000 in live tournament play prior to the WSOPE Main Event with two 1st place finishes since 2010.

Submitted by Ace King on,

Senate Minority Leader Mitch McConnell May Push for Legalized Internet Gambling

Democratic Senate Majority Leader Harry Reid desperately wants to push through legislation that would make online poker legal.  And now Minority Leader Mitch McConnell might have an interest in doing so as well. 

Submitted by Ace King on,

Boyd Gaming and Station Casinos Approved for Internet Poker in Nevada

The Nevada Gaming Board has temporarily approved applications filed by Boyd Gaming and Station Casinos to operate online poker rooms within the Silver State.

The Nevada Gaming Commission will take up the matter Oct. 18 to determine final long-term approval.

Submitted by Aaron Goldstein on,

Three Footballers Charged With Suspicious Horse Betting Activity

LONDON (Reuters) - Three footballers have been charged with serious rule breaches after an investigation into suspicious betting activity by the British Horseracing Authority (BHA), the governing body said on Thursday.

BetOnline

Submitted by Reuters on,

Romney Stock Up 30 Percent Following First Presidential Debate

Intrade.com’s reaction to the debates: GOP US Presidential nominee Mitt Romney’s stock is up 30 percent (+$0.78 to $3.32) while President Barack Obama’s is down 10 percent (-$0.76 to $6.64).

Obama still holds a 66/34 lead to win the presidency as the gamblers out there find it.  

Intrade.com is a prediction market that allows wagers from around the world including the US.

Submitted by Gilbert Horowitz on,

Phil Hellmuth Nearing His 13th WSOP Bracelet Win

Over the next few hours we will know if Phil Hellmuth has won his 13th WSOP bracelet.

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Advertisement:  Receive one of the best poker bonuses in the business – Up to $2000 at Cake Poker.  Skrill payouts averaging under one week.  Some of the softest players out there]

Submitted by Ace King on,

Bodog Shuts Down Poker Room for UK, Euro Players

Bodog Poker announced Wednesday night it will no longer be servicing players in the United Kingdom and throughout Europe.  Earlier this summer the company closed off accounts of those living in much of Eastern Europe. 

Bodog claims it is focusing on the ex-pat market throughout Asia.

This was a notice sent out to affiliate partners of the site:

Dear Partners,

Submitted by Aaron Goldstein on,

Macau September Gambling Revenue Disappoints

Farah Master, Reuters News

(Reuters) - Gambling revenue in Macau rose a weaker-than-expected 12.3 percent in September, indicating China's slowing economy is increasingly hurting the appetite of wealthy mainland gamblers to place bets in the world's largest casino market.

September's revenue at 23.87 billion patacas, announced by the Macau government on Thursday, was the second weakest revenue figure this year.

Submitted by Reuters on,

Phil Hellmuth Leads at Final Table of 2012 World Series of Poker Europe

Phil Hellmuth is gunning for his 13th World Series of Poker gold bracelet as he leads at the 2012 World Series of Poker Europe (WSOPE) heading into the final.  Hellmuth already holds the record for most bracelets won. 

Also making the table is big name player Jason Mercier, who himself has two WSOP bracelets under his belt. 

Here’s the final table lineup:
 

Submitted by Nagesh Rath on,

Revolution Gaming Nabs CarbBet.com Poker

With IGT/Entraction getting out of the online poker sector, numerous skins (cardrooms) have had to find new homes.  It was announce this week that Cardbet.com Poker would be moving to the newly formed Revolution Gaming Network on November 1. 

Cardbet owns four whitelabel skins: SuomiVegas.com, Metspoker.com, M8poker.com and Pro-factory.com. 

Revolution Gaming is the largest US-friendly online poker network though Cardbet.com does not currently accept US players and has no plans to do so at the moment.

Submitted by Aaron Goldstein on,

Full Tilt Poker Payment Processor Chad Elie Sentenced to Five Months in Prison

NEW YORK (Associated Press) - A man who processed money illegally for three Internet poker companies whose U.S. operations were shut down has been sentenced in New York to five months in prison by a judge who says he played a "catch me if you can" game with the government.

Las Vegas resident Chad Elie was sentenced Wednesday by federal Judge Lewis Kaplan. The judge says evidence showed Elie didn't really care he was committing crimes even after he realized others in the online poker conspiracy were getting arrested.

Submitted by Associated Press on,

O'Malley Denounces Anti-Gambling Ads as 'Hogwash'

ANNAPOLIS, Md. – (Associated Press) - Gov. Martin O'Malley on Wednesday fired back against television advertisements opposing the state's proposed gambling expansion, contending the casino company behind them is simply trying to protect its large operation in West Virginia from losing Maryland gamblers.

"It's a bunch of West Virginia casino hooey," the governor said.

Submitted by Associated Press on,

US Presidential Debate Betting Odds: Color of Romney’s Tie, RCP Average and More

You guessed it.  There are actually US Presidential debate betting odds available.  Only problem is, most Americans won’t be able to bet.

PaddyPower.com, the United Kingdom’s third largest online bookmaker, has released odds on Wednesday night’s (October 3) US Presidential debate but they do not accept bets from those living in the United States. 

Submitted by Gilbert Horowitz on,

PokerFuse.com: ‘Howard Lederer Lied'

Poker industry news site PokerFuse.com attempted to debunk claims made by former Full Tilt Poker head honcho Howard Lederer that he never approved of statements suggesting that players funds were “safe and secure” following the US Government seizure of several bank accounts belonging to the firm and indictments against two company officials on April 15, 2011. 

“I don’t believe that ‘safe and secure’... that those words would have been used after April 20. And if it did happen, it happened without me knowing about it,” Lederer said during a recent interview.

Submitted by Ace King on,

Sports Leagues Call NJ Sports Betting Law Hypocritical

By WAYNE PARRY, Associated Press

ATLANTIC CITY - (Associated Press) - The major professional sports leagues and the NCAA say New Jersey's proposed sports betting law is hypocritical because it prohibits gambling on New Jersey college games yet allows it on all other college and pro contests.

The NCAA, Major League Baseball, the National Football League, National Basketball Association and National Hockey League are collectively suing to block New Jersey's sports betting law from taking effect; the state says it could take bets as soon as December.

Submitted by Associated Press on,

Reid Not Through Yet With Online Gambling Efforts: States in Uproar

Senate Majority Leader Harry Reid is reportedly seeking opportunities to pass through a controversial Internet poker bill during a short window of time known as the Lame Duck Session. 

The National Conference of State Legislatures is unhappy that Reid’s bill calls for federal control over the industry with his home state of Nevada acting as the ultimate beneficiary. 

Submitted by Ace King on,

Greg Raymer Rules River City During Heartland Poker Tour

St. Louis, MO - Heartland Poker Tour looked like a rerun Monday evening as Greg “Fossilman” Raymer picked up his second HPT title of the year and $121,973 at River City Casino.  The victory, which is the second-largest win of his career, propels him to the top of HPT’s Player of the Year race

Submitted by Press Release on,

‘Great Dane’ Gus Hansen to Serve as Face of New Full Tilt Poker

FullTiltPoker.com today announced that international poker star and tournament legend Gus Hansen will return as brand ambassador for the site, which plans to re-open for real-money poker on November 6, 2012.

In August, PokerStars obtained the assets of Full Tilt Poker and committed to reimburse Full Tilt Poker customers outside the U.S. whose accounts have been inaccessible since the previous management closed the site in June 2011.

Submitted by Press Release on,

NFL About-Face on Gambling as Redskins Push Maryland Residents to Support Casino

The National Football League may hate gambling but that hasn’t stopped one of its storied franchises, the Washington Redskins, from throwing their support behind a controversial casino expansion in their home state of Maryland.

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Yeah it’s true. 

Submitted by Aaron Goldstein on,

Online Gambling Regulation in US Unlikely by Year’s End

LAS VEGAS (Associated Press) - It doesn't look like Congress will pass Internet gambling regulatory laws this year, the head of the industry's main lobbying group said Tuesday, as he cast online wagering hosted by sites overseas as one of the biggest threats to the casino industry in the United States.

Submitted by Associated Press on,

Obama Still Hovering Close to 1 to 4 Odds to be Re-Elected US President

While his odds were slashed around a half a point since last week, US President Barack Obama continues to be a heavy favorite over GOP nominee Mitt Romney to win next month’s Presidential race.

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Submitted by Carrie Stroup on,

Packers-Seahawks Botched Call Nets Canadian Gambler $725,000

At first it appeared as if only Seattle came away a winner from last week’s Monday Night Football Packers-Seahawks botched call by referees in the final second of play.  Gamblers and bookmakers all seemed to come out on the losing end with some bookies refunding Green Bay bets.  Others got a bad rap for not doing so.  Hundreds of millions of dollars were shifted as a result of that one call. 

Submitted by Dan Shapiro on,

PaySafe Card Official Sponsor of European Poker Tour Season 9

LONDON, UK – The leading internet prepaid payment solution, paysafecard, will be the official payment provider sponsor of the European Poker Tour Season 9, EPT President Edgar Stuchly announced today.

The sponsorship will see paysafecard branding in and around the tournament area at events during Season 9 starting at EPT Sanremo, and players who use paysafecard to make a deposit into their PokerStars account will be eligible to play in a series of exclusive EPT- themed freerolls.

Submitted by Press Release on,

WMS Launches Play4FunNetwork Online Gambling Platform

WAUKEGAN, Ill.—(Business Wire) – WMS Industries Inc. announced today that its subsidiary, Williams Interactive LLC, recently launched a first-of-its-kind, white-labeled B2B suite of interactive products and services through the Williams Interactive™Play4Fun Network platform with the Meskwaki Bingo Casino in Tama, Iowa.

Submitted by Press Release on,

Gambling Scandal May Cost Mass Congressman: Tisei Now Leading in Polls

BOSTON (Associated Press) — A new poll gives Republican challenger Richard Tisei (TIH'-say) a slight lead over seven-term incumbent Democrat John Tierney in the state's 6th Congressional District, but the survey also finds nearly one-third of likely voters undecided.

Submitted by Associated Press on,

Breaking News

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Caleb Williams Player Prop Bets Ahead of Bears-Eagles MNF Game Include Next 'Minor' Injury, Will He Cry

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Trump Social Media Firm Co-Founder Allegedly Gambled Away $29m of Company Cash at Hollywood Florida Casino

Trump Social Media Firm Co-Founder Allegedly Gambled Away $29m of Company Cash at Hollywood Florida Casino

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How a Casino's Licence Number Predicts Its Payout Reliability in Canada

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