Gambling News
Seminole Hard Rock Tampa Summer Poker Open Tournament Series Announced
Scheduled for May 29 to June 18, 2014, the Seminole Hard Rock Tampa Summer Poker Open Tournament Series will Feature $1 Million Guaranteed Championship, June 12-18.
Seminole Hard Rock Hotel & Casino Tampa will be hosting the Seminole Hard Rock Tampa Summer Poker Open tournament series, which will feature a $1 million Guaranteed Championship.
Atlantic City 2013 Revenue Lowest Since 1989
ATLANTIC CITY, N.J. (Associated Press) - Not even a boost from Internet gambling money and the comparison with an extremely slow period after Superstorm Sandy could prevent Atlantic City's casinos from seeing a big decline in their earnings in 2013.
The casinos saw their gross operating profits decline by nearly 35 percent last year.
The 12 casinos that operated in 2013 - the Atlantic Club shut down in January of 2014 - posted a collective gross operating profit of $235 million, down from $360 million in 2012.
Playtech Gets ‘Buy’ Rating From 12 Agencies
Online gambling software firm Playtech has received a “buy” rating from 12 different agencies that cover the stock.
From the MidEast Times:
Five equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 816.10 ($13.53).
Ladbrokes Made £1Billion in One Month From 'Crack Cocaine' of Gambling (Video)
UK Prime Minister David Cameron has announced his administration is about to embark on a crackdown of the so-called “crack cocaine” of gambling, high speed, high stakes gambling machines that have, until now, proven especially profitable for bookmakers.
Just how profitable?
Mississippi to Study Online Gambling Pros and Cons
(Associated Press) - Mississippi's chief gambling regulator is leading a group that will gather data on how Internet gambling and sports betting are working other states.
Allen Godfrey, executive director of the Mississippi Gaming Commission, is chairman of the task force.
State Rep. Richard Bennett, a Long Beach Republican and chairman of the House Gaming Committee, asked Godfrey to take the job and provide an unbiased look at the pros and cons of Internet gambling and sports betting.
WSOP Circuit National Championship 2014 to be Held at Bally’s Atlantic City
The WSOP Circuit National Championship 2014 will be held at Bally’s in Atlantic City from May 22-24 it was announced this week. This is the 10th season of the circuit.
With a total of 100 players eligible for qualification, the World Series of Poker today announces how the additional six remaining at-large seats will be awarded.
In May, WSOP.com websites in both Nevada and New Jersey will host an online freeroll tournament in their respective states, where the winner of each tournament will automatically qualify (2 seats total).
What Are the Online Slots Available in New Jersey? Cleopatra, Monopoly, More
There are dozens of online slots available for those living in New Jersey who wish to play on the Internet. There are specific brands we would like to highlight here.
“Secrets of the Phoenix” allows casino players to match the stone relics and watch as they cascade down leaving space for even more wins.
Features include 5 reels, autoplay, a cascading reel system let’s you win multiple times off a single spin, hit successive cascades during the bonus round to add more free spins and bonus pick a win game gifts you with cash, spins and other cool bonuses.
What Are The Odds on Who Will Replace David Letterman (Video)
Sportsbook.com released betting odds on who will replace the longest running late night talk show host David Letterman. Those odds were available here.
Can I Play On New Jersey Online Gambling Websites If I Live in New York?
Live in New York State but you wish to play on one of New Jersey’s online gambling websites? You can do so, with a catch.
All of New Jersey’s licensed and regulated Internet gambling websites incorporate geolocation technology that prevents individuals from placing real money bets from outside the Garden State.
Online Super Series III on Track to Pay Out Over $1 Million at Americas Cardroom
San Jose, Costa Rica – There's only a few more days left in Americas Cardroom's OSS III, but if past tournament results are any indication, a record amount of money could be paid out in the next few days. The online poker site is reporting record payouts for all tournaments so far, including a $50,000 event that saw its guaranteed prize pool more than double last weekend.
BC Lottery Laying Off 67 as Part of Massive Job Cuts
VANCOUVER – (Canadian Press) - Gaming employees are facing layoffs, after the BC Lottery Corporation announced Friday it was eliminating 67 positions in the province, including 33 in Vancouver.
The job losses come after the departure of CEO Michael Graydon to the private sector in January, and as the corporation faces a financial audit by the provincial government.
Interim CEO and President Jim Lightbody says the layoffs were prompted by significant financial pressures, which he blames on rising operating costs and flat revenue growth.
EPT season 10 Grand Final Set for Record Numbers
Second Mega Qualifier on Sunday guarantees 20 x €14k packages
ONCHAN, Isle of Man – The PokerStars and Monte-Carlo® Casino European Poker Tour Grand Final is set to attract record numbers later this month as well as offer players the most varied tournament schedule ever. With three weeks still go before the festival kicks off at the glamorous Monte-Carlo Bay Hotel and Resort, more than 210 PokerStars players are already registered, including more than 140 who have won their seats online.
Will Ferrell Will Play Bobby Riggs in Film About ‘Battle of Sexes’: Match Thrown?
Months after ESPN revealed that Billie Jean King’s “Battle of the Sexes” win in 1973 may have been fixed, it was announced Thursday that Will Ferrell is slated to play her opponent, Bobby Riggs, in an upcoming film project yet to be titled.
Boston Residents May Have Say Regarding Everett, Revere Casinos: Hearing May 1
BOSTON (Associated Press) — The state gambling commission will call a public hearing next month to consider Boston's bid to be declared a host community for proposed casinos in Everett and Revere.
The five-member Massachusetts Gaming Commission voted Thursday to call a May 1 meeting, with a decision on the city's status to be decided shortly thereafter.
If granted, host community status would give Boston voters an opportunity to weigh in on casino proposals by Mohegan Sun in Revere and Wynn in Everett.
Sweeping Arrests in Expansive Florida $300 Mil Gambling Case
A press conference at 4 pm EDT Thursday afternoon announced the arrests of more individuals in a gambling case that has gripped the state of Florida.
The case originated from a scheme involving Internet cafes that was said to have netted around $300 million.
‘Flash Boys’ Author: Poker Player David Einhorn a 'Dumb Tourist' in a Casino (Video)
Speaking on Bloomberg TV, Michael Lewis referred to famed hedge funds manager and high stakes poker player David Einhorn as a “dumb tourist” in a casino.
Lewis is the author of “Flash Boys”, which delves into the risky world of high-frequency trading.
Lewis spoke to Bloomberg TV host Stephanie Ruhle.
Here a portion of that exchange:
Facebook Real Money Mobile Online Gambling Speculation With Oculus Acquisition
There has been plenty of speculation of late that social media giant Facebook could be planning to leap into the mobile online gambling market with its recent acquisition of Oculus.
Chinese Mining, Gambling Tycoon Charged With Murder Goes on Trial
A former Chinese mining tycoon who started his career by running gambling centers in Guanghan is set to stand trial in the murder of nine individuals. His brother and 34 associates of their “mafia-style” gang were also charged in February.
United Chicago-Atlantic City Flights Take Off: Online Gambling Can Benefit
Great news for Atlantic City as New Jersey’s seaside gambling Mecca will now have a direct link to Chicago. United Airlines began offering direct flights between the USA’s second largest city and Atlantic City this week.
The Port Authority of New York and New Jersey recently took over Atlantic City’s under-utilized airport and, in doing so, convinced the 3rd largest airline in the US to start offering flights there. In addition to the daily flight to and from Chicago, United will offer a round trip flight to and from Houston.
Ronn Torossian With 4 PR lessons Businesses Can Learn From NFL free agency
NFL free agency is in full swing and Gambling911.com readers will be monitoring all the latest developments to provide them with that betting edge.
Angry Birds a Gateway to Gambling Addiction New Adelson Ad Claims (Video)
Casino magnate and GOP mega donor Sheldon Adelson has released his latest ad to help stymie the move towards legalized online gambling in the US.
The ad makes the claim that the uber popular gaming mobile app Angry Birds acts as a “gateway to gambling addiction”.
Football Star Cathal McCarron Gay Porn Leaked: Struggled with Gambling Addiction
A former Tyrone football star reportedly did some additional “starring” in a gay porn, according to the Irish Mirror.
Missouri Bill Looks to Reel in High Stakes Gamblers
JEFFERSON CITY, Mo. (Associated Press) - High stakes gamblers could find Missouri more alluring if legislation passed by the Senate becomes law.
A bill approved Wednesday would let Missouri casinos extend a line of credit gamblers willing to put up at least $10,000.
Supporters said the bill would free big bettors from having to carry large quantities of cash to casinos.
Casino officials also hope to attract more high rollers from other states, like professional athletes who may be traveling to Missouri to play in a game.
APPT Macau and Macau Poker Cup Schedules Season 8 Unveiled
ONCHAN, Isle of Man –The Asia Pacific Poker Tour (APPT) has announced the Season 8 schedules for APPT Macau and the 21st edition of the Macau Poker Cup where both tournaments will be held at the ‘PokerStars LIVE Macau’ poker room.
APPT MACAU
The APPT returns to Asia’s gaming capital of Macau and the schedule will include twelve Official Asia Player of the Year events from the May 14-25, 2014.
The 12-day poker festival features the HK $25,000 (~USD $3,200) Main Event which runs from the 21st to 25th of May.
O'Reilly vs. Stossel: A Debate Over Gambling (Video)
Bill O'Reilly debated John Stossel on the subject of gambling Tuesday night. John Stossel, a Libertarian, loves gambling and wants the Government to keep their noses out of the fun.
“My poker game with friends would be a crime in half the states,” Stossel noted in his report that led up to the debate.
The Faux Federalism of Chaffetz Graham Adelson Online Gambling Ban (Video)
A recently drafted bill presented in Congress last week would seek to ban online gambling but the co-authors may be a bit misguided in what they are attempting to accomplish.
As the below video demonstrates, the so-called “Restoration of America’s Wire Act”, co-authored by Senator Lindsey Graham (R-SC) and Representative Jason Chaffetz (R-Utah), really doesn’t apply to the Wire Act.
Internet Gambling No Jackpot for New Jersey
(Associated Press) - When it comes to raising revenue for the state, Internet gambling has been a bust.
Online gambling has failed to generate most of the tax revenue that it had been anticipated to this year, accounting for roughly half of a downward adjustment to the annual state budget.
Holland Keeps HPT Title, $80K in Florida
Daytona Beach, Florida - Heartland Poker Tour’s stop at the Daytona Beach Kennel Club & Poker Room again attracted players from across the United States who appreciate the warm weather and well-run event. Texas, South Carolina, Missouri, Nevada, New Jersey, and Massachusetts were represented at the televised Final Table. Although the final nine players hailed from seven different states, residents of the Sunshine State proved to have the home field advantage. The only three Florida residents at the Final Table finished first, second, and third.
Daniel Piela Wins Seminole Hard Rock Poker Showdown Kick-Off and $144,294
HOLLYWOOD, Fla. - Daniel Piela of Wheaton, Ill. walked away with $144,294 after winning first place in the Seminole Hard Rock Poker Showdown Deep Stack No Limit Hold’em $1 Million Guaranteed event that kicked-off the 21-day Seminole Hard Rock Poker Showdown tournament series. The tournament, one of sixty-two events during the series, had a buy-in of $560 and brought 1,966 entries, for a total prize pool of $1,000,000, with 200 places paid.
Former Legends Sportsbook Employee Deported Back to Panama
A high level former employee of the now defunct Legends Sportsbook will be deported back to Panama after serving nearly a year in home confinement in the USA.
