Gambling News
Michigan Appeals Court Affirms Convictions of Siblings Accused of Cheating Casino
Detroit — (Associated Press) - The ball landed on 14 for a big winning bet. But the court case? Snake eyes.
The Michigan appeals court has affirmed the convictions of a brother and sister who were accused of cheating at roulette at the Motor City Casino in Detroit.
James Countryman was working as a dealer in 2012 when his sister, India Countryman, suddenly won $4,700. But investigators said surveillance video shows her bet was placed after the ball landed on red 14.
The siblings denied any wrongdoing.
Bluff.com Closing Down: Media Firm Once Dominated Poker Market
Bluff.com, now a mere remnant of itself after being purchased (and some would say, mismanaged) by Churchill Downs a few years ago, is about to wind down its operations.
Daily Fantasy Sports Sites: What Investors and Venture Capitalists Need to Know
In conjunction with your sister site DFS911.com, Gambling911.com is working to create the most authoritative, comprehensive and updated Daily Fantasy Sports review section for potential investors and venture capitalists along with would be business men and women hoping to dive feet first into this highly competitive industry.
Bwin.party Sees Shares Skyrocket Friday Following Blockbuster Deal
Shares in Bwin.party Digital Entertainment were up following Friday’s confirmation that 888 Holdings had agreed to buy the stock in a cash and stock deal worth around £898.3m, beating a rival offer from GVC.
The news of the sale was all but certain after the Financial Times and Gambling911.com received notice from key people within the organizations on Thursday afternoon.
Jason Ader, a major shareholder of the company, and New York based hedge-fund owner issued the following statement to Gambling911.com earlier Friday:
Investor Jason Ader Issues Statement re: Bwin.Party 888 Deal
It’s official as Gambling911 told our readers yesterday. Online gambling company 888 Holdings will take over rival Bwin.party in a cash and stock deal valued at about £898m.
Jason Ader, a major shareholder of the company, and New York based hedge-fund owner issued the following statement today:
Judge Keeps Legal Doc Sealed in Case That May Tie Sands Corp to Organized Crime
LAS VEGAS (Associated Press) — A Nevada judge is keeping sealed a legal exhibit that a newspaper, a union and a Washington, DC-based advocacy group sought to make public in a closely-watched wrongful termination case against casino company Las Vegas Sands Corp., Sands China Ltd. and the companies' chairman Sheldon Adelson.
Guardian News & Media, the Campaign for Accountability and union Unite Here argued Thursday the public should see the exhibit the groups say may tie the companies to organized crime in Asia.
Most Daily Fantasy Sports Sites Will Fail, Says Early Industry Investor
One of the earliest investors on the Daily Fantasy Sports scene - a man who pumped money into what would eventually become the 3rd largest DFS site DraftDay - says he’s been approached by no fewer than two dozen would be Daily Fantasy site operators.
“It’s my opinion that they will all fail,” says Ezra Galton, Senior Associate at Chicago Ventures.
Why?
Bwin.Party to be Purchased by 888: G911 Profiled Investor Plays Key Role
Today’s Financial Times reports that “888 close to victory in £900m Bwin bid battle.” A deal is expected to be announced in the next few days – or sooner.
Switching From One Pay Per Head to Another: How Easy is the Transition?
AcePerHead understands that many bookies and agents become disenchanted with their current Pay Per Head service and are looking to switch to another PPH.
Sheldon Adelson Rallies More Support for Anti-Online Gambling Bill
Gambling magnate and GOP mega donor Sheldon Adelson has aligned himself with a few more politicians to support his legislation that would ban most forms of online gambling, including poker, at the federal level.
Adelson’s measure, Restore America’s Wire Act or RAWA for short, was co-authored by South Carolina Republican Senator and US Presidential candidate Lindsey Graham and Utah Republican Representative Jason Chaffetz.
Donald Trump Still Pays 14-1 Odds to be Nominated US Republican Candidate
Real estate mogul and reality star Donald Trump is now leading in some polls among Republican candidates for U.S. President yet oddsmakers have failed to catch on, thus providing some excellent value for gamblers should The Donald continue to build momentum.
Avoiding Legal Trouble with Pay Per Head Solutions
Sports betting in the United States is a billion dollar industry, but other than in the state of Nevada it also has some serious legal challenges especially when it comes to the actual financial transactions in the act of taking bets.
‘Crack Cocaine’ Gambling Machine Max Rejected by UK Government
The UK government has rejected efforts to reduce the maximum bet on fixed-odds betting terminals cut from £100 to £2.
Newham Council, which led the campaign, said the move would help prevent clusters of betting shops, particularly in deprived areas, according to the BBC.
But the government says it has already instituted strict controls for which most of the large bookmaking businesses have objected to…and with good reason.
Draft Ops Review: Daily Fantasy Sports Site Makes Deal With Barclays Center
Gambilng911.com has your Draft Ops review for those looking to potentially invest in the fast growing Daily Fantasy Sports sector or simply searching for an alternative to DraftKings or FanDuel.
This is a company that seems to have some serious ambitions after entering into a critical deal with Brooklyn’s Barclays Center in recent weeks. They had previously signed a deal with Bellator, the Mixed Martial product.
John Gotti Former Son-In-Law Arrested for Alleged ‘Large-Scale’ Car Theft
The former son-in-law of the late crime boss John Gotti has been taken into police custody for running an alleged “large-scale” car theft ring.
Old Fogies, Daily Fantasy Sports Pro and a Unibomber Dominate November Nine
Until this year the oldest player to ever make it into a World Series of Poker November Nine was 57.
2015 WSOP November Nine Determined: Daniel Negreanu Out
Gambling911.com has the breakdown of this year’s November Nine with Daniel Negreanu knocked out in 11th place. Alexander Turyanksky followed, making way for this year's November Nine.
British Open 2015 Fantasy Sports Contests Galore
DraftKings.com is among the leading Daily Fantasy Sports sites when it comes to offering top Golf contests and the British Open 2015 is no exception.
The Millionaire Maker for this week’s British Open is the most anticipated contest in Fantasy Sports to date with $1 million to be awarded to a single player.
Pete Rose Makes Homecoming at All Star Game
CINCINNATI — (Associated Press) - Pete Rose came home for the All-Star Game and made a rare on-field appearance in the place where he’s still treated like a king.
The hits king was voted one of Cincinnati’s Franchise Four players as part of a Major League Baseball promotion. Rose and Hall of Famers Johnny Bench, Barry Larkin and Joe Morgan were introduced on the field at Great American Ball Park before the All-Star Game on Tuesday night.
Fox Sports, Fantasy Sports Network to Speak at Daily Fantasy Sports Expo
We are just three weeks away from the first ever Daily Fantasy Sports Expo in Miami Beach and Gambling911.com can now confirm that Fox Sports will be speaking.
Additionally, Mike Cardano, Business Development Administrator at the Fantasy Sports Network will speak on at the Daily Fantasy Sports Expo, taking place Aug 6-7, 2015 at the Miami Beach Convention Center. He will also moderate several panels.
Draftster Review –Daily Fantasy Sports Site Appears to be on Downward Spiral
Gambling911.com, covering the Daily Fantasy Sports sector along with its sister site DFS.com, offers its review of Draftster.com for those looking to potentially invest in this fast growing sector as well as those looking for an alternative to DraftKings or FanDuel.
AlphaStreak Review: Can We Trust This Daily Fantasy Sports Turnkey Solution?
If you are looking for information on AlphaStreak “The Game Plan”, a new Daily Fantasy Sports turnkey solution, be sure to check out the latest updates at Gambling911.com sister site DFS911.com (Review Section coming soon).
The good news: AlphaStreak is a member of the Fantasy Sports Trade Association.
Daniel Negreanu on Verge of Elimination
Poker’s biggest money earner may soon make history if he can outlast another 13 individuals at the 2015 World Series of Poker Main Event with his hopes of making it into the November Nine potentially dashed.
At 8 pm EST, Negreanu had the lowest chip count.
Daniel Negreanu Keeps Things Interesting at WSOP Main Event
The top money earner in poker was still hanging in there at the 2015 World Series of Poker Main event with just over 30 players in the mix.
The "November Nine" will have outlasted a field of 6,420 card players who began playing July 5 and wagered $10,000 each for the chance to be poker's next champion.
FanDuel to Announce it has Raised Another $275 Million
FanDuel, the world’s largest Daily Fantasy Sports site, was set to announce it has raised $275 million in a new round of financing, bringing its total haul from investors to $360 million.
How Is PlayDraft.com – Daily Fantasy Sports Review
If you are looking for information on PlayDraft.com and its position in the fast growing world of Daily Fantasy Sports, Gambling911.com has your review below.
Legalized Internet Gambling Will Hurt Farmers
Tim Shea, President of the Pennsylvania Horseman’s Benevolent and Protective Association, says a bill introduced in his state to legalize online gambling will harm farmers.
How can this be?
DraftKings Embraces Yahoo Entry Into Daily Fantasy Sports
Yahoo’s announced entry into Daily Fantasy Sports last week doesn’t scare industry start-up DraftKings, unless CEO Jason Robins is just putting up a good front.
“We think it’s tremendous for the industry that such a renowned digital company like Yahoo is choosing to join our space, and it serves as further proof of the popularity of daily fantasy sports.”
How Do Bookies Make Money? Online Casinos, Live Betting Help Pad Profit Margin
Bookies make money through smart money management and knowing how and when to move the lines. Most bookies – especially those with large client bases – utilize Price Per Head companies to do this for them.
City of Boston Claims Wynn Representatives Were Aware of Mob Association
(Associated Press) - Recently discovered interviews with at least five people show that Wynn Resorts knew that a mob associate with felony convictions would profit from his stake in the waterfront land where the Las Vegas casino giant plans to build a resort, the city of Boston argued in its latest court filings.
