Gambling News
Atlantic City Casinos Bring in 15 Percent More From Online Gambling in March
(Associated Press) - New Jersey casinos brought in 15 percent more from online gambling in March over the previous month, but it wasn't nearly enough to offset the diminishing revenue from Atlantic City's long-struggling brick-and-mortar casinos.
Cristiano Guerra Leads at EPT Sanremo 2014
There were 176 entries for Day 1a of the EPT Sanremo Main Event today and 103 remain, led by IPT Venice finalist Cristiano Guerra.
Also through to Day 2 are Team PokerStars Pros Vanessa Selbst and Pier Paolo Fabretti plus PokerStars.fr Team Online member Ronan Monfort as well as EPT Prague winner Julian Track and GPI European Rookie of the Year Adrian Mateos who both qualified online on PokerStars.
Man Accused of Spending $250K on State Credit Card to Fund Gambling
FALLON, Nev. (Associated Press) — A Nevada Department of Transportation employee in Fallon has been charged with using a state credit card to support his gambling habit.
Tal Pierre Smith is accused of using the credit card to buy about $250,000 worth of items he later pawned or sold to pay for the activity.
A six-count indictment was filed against Smith this week in New River Township Justice Court in Fallon, the Nevada Appeal reported.
Why Billionaire Sheldon Adelson Doesn’t Have Enough Money to Stop Online Gambling
Slate featured an article Monday morning suggesting that casino billionaire Sheldon Adelson does not have enough money to stop Internet gambling.
Phil Ivey Gets Support From Poker Community in Wake of Borgata Allegations, Suit
The poker community by and large voiced support for one of the game’s most recognized players, Phil Ivey, following allegations by Atlantic City’s Borgata Hotel and Casino that he had taken advantage of card defects during games of baccarat.
32Red Sign Rangers FC Shirt Sponsorship Deal but Shares Slump on Day’s Trading
Online gambling firm 32Red announced Monday a new shirt sponsorship deal with the Rangers Football Club, which will run the course of three years.
Despite the good news, shares in the company dipped 6% on the day’s trading. It was not immediately clear what caused the slump.
Ed Ware, Chief Executive Officer, said: "We are delighted to be working with Rangers Football Club and look forward to being part of the continued rise and return of the Club.
Marcello Miniucchi Leads Final Nine in EPT SanRemo Main Event IPT High Roller
Marcello Miniucchi is the current chip leader with 4,540,000 in the €770 IPT Sanremo Main Event which has stopped play tonight with an unofficial final table of nine players.
Where Can I Gamble Online From Denmark? ISP’s Ordered to Block Some Sites
Denmark is the latest country to begin blogging what it deems to be “illegal” online gambling sites, essentially those that are not licensed by the Danish government.
Last week, Internet Service Providers were ordered to block access to five suspect sites. The only way Danes can get around this is by playing via an anonymous (masked) ISP.
Is the Tropicana Buying the Sands Casino Bethlehem? Rumors Run Rampant
All of Eastern Pennsylvania is abuzz with the news that the famed Tropicana Hotel and Casino, a staple in Atlantic City, could be about to buy the Sands Casino Resort in Bethlehem.
Principals from both companies have declined comment when approached by the regional paper the Morning Call.
iGame and Plus One Dreams Online Gambling Firms Merge
Two Finnish online gambling firms based out of Malta have announced a merger in an effort to better compete with the likes of fellow Scandinavian wagering companies Betsson and Unibet. The combined company will use the iGame name.
Poker Pro Phil Ivey Sued by Borgata for Nearly $10 Mil Over Playing Card Scam
Poker pro Phil Ivey is being used by Atlantic City’s Borgata Hotel and Casino over an alleged playing card scam.
The suit is asking for $9.8 million claiming fraudulent winnings during a series of visits to the casino in 2012.
Casino Magnate Sheldon Adelson Gives Israel $16.4 million to Go to Moon
Casino billionaire, GOP mega donor and friend to Israel, Sheldon Adelson, has just donated $16.4 million to that country so it could become only the 4th nation to land on the moon.
Which Online Poker Rooms Welcome Grinders: A Look at Americas Cardroom
San Jose, Costa Rica – Poker players who love to grind have suddenly been shunned by recent changes in the poker landscape. Some US-friendly poker sites are reducing the number of tables during multi-table play leaving a bad taste in the mouths of players and drastically affecting their earning potential. One online poker site has responded by letting the world know that it's business as usual.
How Do I Become a Bookie? Build Volume, Love Your Customer and Play Golf
How does one become a bookie, you might be asking? Or do you really want to be a bookie?
It doesn’t matter the time of year, gamblers will always find something to bet on and bookies…well…they will always be lining their pockets (since the house never loses). So, yes, becoming a bookie can be a lucrative business.
Poker Pro Cyril Mouly, Murdered Driver Were on Trial for Fraud
A 38-year-old French poker player who claimed he and his driver were attacked by two masked assailants upon leaving a poker game was arrested in 2011 and charged with fraud.
French Poker Pro Cyril Mouly Attacked by Masked Men: Driver Killed
French poker player Cyril Mouly was brutally attacked after leaving a Paris tournament Tuesday night.
New Jersey Online Gambling Revenue Estimates Dip Further
Casinos in New Jersey rounded off the month of February with a total revenue of $412.2 million from both iGaming and sports betting activities in the state.
Reverend Al Sharpton a One-Time Mafia Associate? Was FBI Informant (Video)
A damning report on TheSmokingGun.com suggests that MSNBC host, the Reverend Al Sharpton, was once a Mob associate-turned FBI snitch.
G911 Talks to Jeopardy Champ Arthur Chu, His Love for Gambling and Death Threats
Arthur Chu has turned the art of wagering into a science, and from it has earned a whopping $300,000!
The 30-year-old Cleveland native and first-generation Chinese-American last month won 10 straight games on the popular TV game show Jeopardy! to become the third-biggest money-winner in the 50-year history of the show (he lost his 11th game and earned a total of $298,200).
Ladbrokes Buys Australian Betting Firm BetStar
(Reuters) - Bookmaker Ladbrokes (LAD.L), facing regulatory and tax pressures in its British home market, has expanded its Australian business by buying online betting company Betstar for 12.4 million pounds.
The deal announced by Ladbrokes on Wednesday follows a similar-sized acquisition last September when Ladbrokes - Britain's second-biggest bookmaker - bought online company Bookmaker.com.au and launched a website in Australia.
Activist Investor at Bwin.Party Questions Chairman Appointment
Jason Ader, the activist investor who works extensively in gaming, continues to make waves in the industry. As featured today in the Daily Telegraph, New York-based Ader feels bwin.party is tremendously undervalued.
Ader has reportedly told confidants that bwin needs some changes to meet its full potential in the gaming arena.
GVC Looks Towards More Acquisitions Following Sportingbet Success
(Reuters) - GVC is looking at further acquisitions after turning around the Sportingbet businesses it acquired last year, the online gambling company said on Wednesday.
GVC, one of the smaller players in the sector and listed on the AIM stock market, said operating profit more than doubled to 38.3 million euros ($52.8 million) in 2013, boosted by moving Sportingbet into the black.
"We are now ready for the next stage in our corporate development and further geographic expansion through organic growth and acquisitions," Chief Executive Kenneth Alexander said.
Online Super Series III Pays Out a Record $1,176,445 in Prize Money
It's not just the upcoming LSOP Millions II that has online poker players excited about the concept of a million bucks. Leading online poker site Americas Cardroom today announced that its $900,000 online poker series paid out nearly $300,000 more than what had been guaranteed, handing out a record $1,176,445 in prize money.
Intrade Co-Founder Brings Back TradeSports Prediction Market Platform
Originally debuting as TradeSports, the now defunct Intrade is being reincarnated using the original branding strategy.
Intrade Co-founder Ron Bernstein is starting a test phase for his company on Monday (April 14, 2014).
“Sports are always going to be the best laboratory for prediction markets,” he says. “All those things now are just recorded and data-mined and discussed.”
Borgata Using High Tech Chips at Spring Open in Wake of Scandal
ATLANTIC CITY, N.J. (Associated Press) — A cheating scandal at a casino poker tournament has led to new security measures, including chips that are more intricate, have more colors and include an authentication element that can be checked under ultraviolet light.
The Borgata Hotel Casino & Spa told The Associated Press it was using new chips for its Spring Open poker tournament that began Tuesday.
Technical Error at PokerStars Causes Massive Overlay for Tournament
The world’s leading real money online poker site, PokerStars, is blaming a technical error for a massive overlay in its Sunday $500,000 guarantee tournament. Less than half of that sum had already been generated prior to PokerStars abruptly shutting down the tournament for late registrations.
Brain Part That Causes Gambling Addiction Found
Cambridge scientists have discovered that the activation of a part of the brain called insula is responsible for gambling addiction as part of an earth-shattering study that could ultimately reduce such addiction.
You Can Really Bet on WWE Wrestling? Bookie Gets Crushed by Lesnar Win
Online bookmaker Bovada.lv is likely regretting the decision to start taking bets on WWE Wrestling, and more specifically WrestleMania.
Sunday night the book got crushed by two big underdogs winning their respective matchups, a rarity in professional wrestling.
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.
