Gambling News
We May Now Know Who Killed Mobster Bugsy Siegel
The mystery behind mobster Bugsy Siegel’s 1947 murder may finally have been solved. Benjamin 'Bugsy' Siegel was shot dead in his girlfriend's home in June of that year.
The family of Siegel’s former best friend, Moe Sedway, has stepped forward claiming to know who was behind the murder and why they did it.
The World’s Most Notorious Chip Dumpers in Poker: Where Are They Now?
In light of Tuesday’s news that the Equity Poker Network has put an abrupt stop to an online chip dumping scheme, Gambling911.com has decided to take a more in depth look at some of the world’s most notorious chip dumpers of our time.
MONA Founder Makes Millions From Gambling: Now Calls It ‘Immoral’
David Walsh is the driving force behind MONA, the Museum of Old and New Art, reports Leigh Sales of the Australian Broadcasting Company (ABC).
And Walsh has also made millions from gambling over his lifetime.
Revel Casino Auction Ongoing Tuesday
ATLANTIC CITY (Associated Press) - A bankruptcy court auction for Revel, the failed luxury casino-hotel on the Atlantic City Boardwalk, is scheduled to resume.
An auction that began last Wednesday was suspended due to the approach of the Rosh Hashanah holiday. It will continue on Tuesday.
Revel has refused to reveal details of what has transpired so far.
Fedor Holz Becomes World Champion of Online Poker: Wins $1.3 Mil
ONCHAN, Isle of Man – Fedor ‘CrownUpGuy’ Holz, from Vienna in Austria, was named 2014 World Champion of Online Poker in the early hours of Tuesday morning, winning $1.3 million. The 21-year-old topped a field of 2,142 players in the $5,200 Main Event to win the largest share of the $10,710,000 prize pool.
Equity Poker Network Quick to Shut Down Fraud Foursome: 5Dimes Player Chip Dumping
Curacao, Netherlands Antilles - Some quick action from the Fraud and Security Team at Equity Poker Network (EPN) has successfully shut down an isolated incidence of collusion between four Network player account holders. The Team identified the suspicious conduct between the four players, who more specifically have been caught engaged in the fraudulent activity of “Chip Dumping”.
Christman Dominates HPT for $165k at Thunder Valley
Lincoln, CA - Joseph Christman lived the dream of many poker players Monday at Thunder Valley Casino Resort. With 16 cameras capturing his every move, he led the way from start to finish at a nationally televised Final Table. Under the bright lights on the Heartland Poker Tour set, Christman earned a championship title worth $165,130.
It took the Pacifica, California poker player 29 hands to dispose of his final opponent, Jon Des Pois. The last hand saw Christman call a river bluff from Des Pois to win all the chips with a pair of queens.
NJ Sports Betting Bill II to be Introduced Thursday: Leagues Cry Foul
Just days ahead of New Jersey state senator Raymond Lesniak’s anticipated introduction of a new sports betting bill, the professional sports leagues have decided to sue the Garden State for Governor Chris Christie's decision to permit legalized sports wagering absent of any law.
The leagues won’t have any of this, however, claiming that New Jersey is in violation of the Professional and Amateur Sports Protection Act. ("PASPA").
Pro Leagues Pile on New Jersey to Stop Sports Betting
NEWARK, New Jersey — (Associated Press) - Four major professional sports leagues and the NCAA filed a court challenge to the state's latest attempt to offer legal sports gambling on Monday, calling the effort "astounding," ''specious" and a "blatant violation" of an earlier court order.
Important Fantasy Pickups for NFL Week 5
Gambling911.com has your important Fantasy pickups for Week 5 of the NFL.
The Broncos Peyton Manning – The Broncos quarterback Peyton Manning surpassed the 300-yard mark in a Week 3 overtime loss to the Seahawks in Seattle. He had a bye in Week 4.
The Cowboys DeMarco Murray – He has gained 534 yards on the ground so far this season.
Belgium to Tax Poker Pros at 75 Percent
If you happen to be a professional poker player, you probably don’t want to be living in Belgium.
The European nation and home to the European Union has decided to tax poker pros at an astonishing 75%.
Belgium's financial portal tijd.be reports that authorities were looking to change the way in which taxes for poker players are calculated in the country.
From PokerNews.com:
Indiana State University Shooting Connected to Gambling, Man Arrested
A 21-year-old man has been arrested in connection to a weekend shooting at Indiana State University that left another individual wounded in his buttock.
Calvin McCauley of Indianapolis has been charged with attempted murder. Police say he and the victim knew each other.
CineSport and Global Poker Index Bring Poker Coverage to Sports Audience
New York, NY – Global Poker Index(GPI) and CineSport have launched a partnership to distribute poker-centric video content to CineSport’s audience of over 7 million viewers across its network of leading news and information sites.
ESPN Gambling Reporter Dave Tuley Talks Network’s Decision to Cover Sports Betting
If you've noticed an increased emphasis on sports gambling on ESPN this football season--both on television and on its website--you're not imagining things.
How to Bet on Sports – Parlay and Teaser Card Betting
BetDSI.com shows us how to bet on sports and, more specifically, how to make some serious money on parlay and teaser card betting.
Gambling Industry Paid Out $38 Billion for Taxes in 2013
LAS VEGAS (Associated Press) — The gambling industry nationwide paid out a jackpot-worthy $38 billion in federal, state and local taxes in 2013, according to a report from the American Gaming Association.
It's the first time the group has added tribal casinos, casino-game makers and some online gambling into the mix for its annual study of the industry's impact in the U.S. The Associated Press obtained a copy of the report's tax revenue figures before its release Tuesday.
Jason Somerville Confirms Departure From Ultimate Poker: ‘I’m Not a Cheap Date’
Embattled Ultimate Poker has lost another of its team pros but unlike last week’s ugly departure of William Reynolds, Jason Somerville’s departure from UP does not appear to be quite as contentious.
“I’m not a cheap date,” Somerville said upon confirming his severed ties with Ultimate Poker.
From F5Poker.com:
WSOP Finalist Billy Pappas Tells G911 ‘If He Wins, He’ll Buy Mom a House’
Even if 2014 World Series of Poker Main Event final table member William Pappaconstantinou doesn't do another thing at this year's WSOP, he's already got one record under his belt.
His last name contains 17 letters, giving him the longest last name of anyone who has ever made the WSOP Main Event final table.
(He's probably got the longest last name of anyone who has ever played in the WSOP, but that's still being checked.)
So that's why Pappaconstantinou, 29, from Lowell, Massachusetts, USA, goes by the handy moniker "Billy Pappas."
Bookies Get Hammered Again With Green Bay Huge Win
By far, the Green Bay Packers were the most wagered on NFL team of the day in Week 4. Their huge 38-17 victory over Chicago was also a victory for sports bettors. The bookies obviously got clobbered.
And it didn’t end there for the sportsbooks.
They were also hurt by other public favorites coming through: The Colts and Lions particularly.
Sportsbooks, Pay Per Heads See Few Disruptions With Telecommunications Overhaul
Sportsbook operators and Pay Per Head businesses breathed a collective sigh of relief Sunday morning following the conclusion of work on Costa Rica’s MAYA-1 submarine cable this weekend, one of three that provide cable service to the Central American nation. More than 85% of online sportsbooks and nearly 100% of Pay Per Heads serving the North American player base are headquartered in Costa Rica.
Who the Bookies Are Rooting For on Sunday Week 4: More Free Picks
The bookies will be cheering on Chicago big time Sunday with close to 75% of the backing on Green Bay.
Fortune Five Biggest Organized Crime Families in the World Revealed
The Fortune Five largest organized crime families have been revealed and, while cyber crime is all over the news these days, these organizations still practice the tried and true trades of sex, drugs, gambling and extortion.
From Fortune.com:
Indonesia Begins Caning Gays, Gamblers and Adulterers… Alcohol Drinkers Too
Those found to have had gay sex, get 100 lashes of the cane. Those charged with gambling, same punishment.
The gay sex provision was passed Saturday in the Indonesian province of Aceh. Men guilty of anal sex will receive the 100 lashes of the cane while women found to be rubbing their body parts together could face a similar punishment.
Fantasy Week 4 NFL Values: Blake Bortles, Matthew Stafford, Eddie Lacey
When it comes to Fantasy Week 4 NFL values, the Jaguars Blake Bortles is being recommended just about everywhere.
Casino Mogul Steve Wynn Sues ‘Short Seller’ Chanos for Slander
(Reuters) - Steve Wynn, the billionaire casino mogul, has filed a lawsuit accusing prominent short-seller Jim Chanos of slander over an alleged statement that Wynn violated a U.S. anti-bribery law.
Wynn, 72, and his company Wynn Resorts Ltd filed suit against Chanos, founder of New York-based hedge fund Kynikos Associates LP, in federal court in San Francisco.
FlowPlay Gaming Now Has Everything and the Girl!
Earlier this month, shorty after FlowPlay Inc.
Nevada Casino Revenue Down 4 Percent in August
State officials say Nevada gambling revenue was down nearly 4% in August compared with a year earlier, largely due to a drop in winnings on the Las Vegas Strip.
Nevada Gaming Control Board officials said Friday that casinos brought in $920 million in August, down from $955 million a year ago.
Revenue on the Las Vegas Strip was down 6% year-over-year to $553 million, while downtown revenue went up 4% to $35 million.
Reno gambling revenues were down 2% to $53 million.
Star Fantasy Reacts to HBO’s ‘Real Sports’ Piece About Daily Fantasy Sports
If you’re like us, you tuned in to watch Carl Quintanella’s portrayal of the daily fantasy sports industry on Tuesday’s Real Sports With Bryant Gumbel. According to the FSTA, 41 million people played fantasy sports last year in the USA alone. It should come as no surprise that our burgeoning industry is capturing the curiosity of the media.
Former Ultimate Poker Pro William Reynolds Trashes Company on Twitter
A former pro for the first US-regulated online poker site, Ultimate Poker, took to Twitter to bash the company after it pulled out of the New Jersey market.
The Last Thoroughbred Race Track in New England Shuts Down
BOSTON (Associated Press) — Massachusetts gambling regulators say they'll entertain proposals from anyone interested in keeping the thoroughbred racing industry alive at Suffolks Downs after New England's last remaining track closes.
The annual deadline for state racing licenses is still Oct.1, but the Massachusetts Gaming Commission said Thursday that it will accept "placeholder" plans that need more time to be developed.
The panel also said it will find ways to assist affected workers, including possibly re-directing money designated to boost race prizes.