Gambling News
Wynn Not Happy With Massachusetts Casino Licensing Process Either
Steven Wynn, the billionaire founder of Wynn Resorts, expressed disappointment with Caesars Entertainment Corporation’s decision to pull out of a Boston, Massachusetts casino project.
Caesars cited an excruciating licensing process that included mulling over a now-settled dispute with a high-roller over millions in gambling debts and questions regarding the company’s current head of its interactive division who once worked for one of the world’s largest online poker firms.
Wynn himself is pursuing a casino in nearby Everett, Massachusetts.
Daniel Negreanu Wins 2013 WSOPE High Roller Event
After a long day of battling against some of the best players in the world it was Daniel Negreanu who came out victorious at the 2013 World Series of Poker Europe High Roller event.
Earlier Thursday Negreanu locked up the World Series of Poker Player of the Year title for the second time since having previously won it in 2004.
Thursday’s victory yielded €725,000, which helped boost his overall earnings to just over $19.5 million.
EPT 10 Prague Poker Festival Set to be Biggest Ever
ONCHAN, Isle of Man –The EPT Prague Poker Festival, which takes place from December 8-18 at the Hilton Prague, Czech Republic, is on course to be the biggest ever, the European Poker Tour announced today, with more than 200 players having already won their EPT and Eureka Poker Tour Main Event seats online at PokerStars.com.
Robert Gustafsson Gang Charged with Theft in Philippines: G911 World Exclusive
Gambling911.com has exclusively obtained the first of what is expected to be many Theft charges to be filed against former Bodog executive Robert Gustafsson, Sylvia Bernadette Gonzales de Guzman and Sherwin Quiambao by the Philippines Department of Justice Office of the City rosecutors in Makati City. YOU CAN VIEW THE COMPLAINT-AFFIDAVIT HERE OBTAINED EXCLUSIVELY BY GAMBLING911.COM
Massachusetts Regulators Release Details of Objections to Caesars: Garber Responds
Massachusetts regulators have released details on their background investigation that led the group proposing a casino at Suffolk Downs to end its partnership with Caesars Entertainment, according to an Associated Press piece.
From The AP:
Betfair Joins Forces With Trump Plaza to Offer Online Gambling in NJ
ATLANTIC CITY — (Associated Press) - Trump Plaza is partnering with British company Betfair to offer Internet gambling once it begins in New Jersey next month.
Betfair is one of Britain’s largest online betting companies, and it owns TVG, the platform provider for 4NJBets. That is the only horse racing account-wagering platform available to New Jersey residents.
2013 WSOPE Final 6 Determined: Benny Spindler Leads
The aim for today was to make the final eight players from the 24 that started at midday. Such was the quick progress made that the final eight was reached in less than four levels of play. The WSOP made the decision to play on until six remained and that only took another 50 minutes of play.
Clemson QB Tajh Boyd: No Idea Where $80k Gambling Debt Rumor Came From
Clemson starting quarterback Tajh Boyd shot down rumors that surfaced this past weekend that he owes $80,000 in gambling debts primarily from betting the NFL.
Last Chance for Punta Cana Poker Classic
It turns out a little hard work at the poker tables this weekend can lead to a 5-star poker vacation at the Hard Rock this November. Americas Cardroom is hosting a 10-package Punta Cana Poker Classic guarantee on Sunday, October 27th at 6:00pm ET. The event costs $50+$5 to get into and rewards 10 Punta Cana packages worth $4,100 apiece.
‘Suitability’ of Caesars CEO Questioned in Massachusetts With Federal Probe Ongoing
Updated October 24, 2013: Gambling regulators in Massachusetts questioning the suitability of Caesars CEO of Company Acquisition, Mitch Garber, did not contribute to that company’s decision to withdraw a gaming license application in the state.
Mr. Garber offered this clarification to Gambling911.com following a report featured on the site yesterday and in various other media outlets suggesting otherwise.
Trick or Treat: Tiny Delaware to Launch Online Poker on Halloween
The First State, Delaware, will live up to its nick when it becomes the first US state to offer real money online gambling to its residents.
To date, Nevada has offered real money Web poker but is prohibited from offering other forms of online gambling. Delaware will feature other casino games such as blackjack and slots. New Jersey is set to launch real cash Internet gambling by the end of November.
Bodog Embezzlement Case Heats Up: Charges to be Filed Shortly
As reported last week, a number of former high-ranking employees of Bodog Brand’s Asian arm have been implicated in an embezzlement scheme, according to company officials and confirmed by a Bodog representative. Gambling911.com can reveal that charges are about to be filed against at least one of the individuals, Robert Gustafsson.
24 Remaining in This Year’s WSOPE Main Event
These days when the poker world hears the last name "Steinberg", the first person they likely htink of is gold bracelet winner Max Steinberg. Back in 2010 though, it was Danny Steinberg who was the more notable of the twin poker players. Danny final tabled the WSOPE Main Event that year, taking sixth place the last year the series was held in London.
New Jersey Internet Gambling Bill Could Expand Across State Lines
Legislation proposed earlier this year could see New Jersey developing online gambling compacts with other states, said state Assemblyman John Amodeo durng a conference of gambling leaders and regulators Tuesday.
From The Press of Atlantic City:
Backers, Critics Debate New York State Casino Expansion Plan
NEW YORK (Associated Press) — Opponents of New York state's proposal to build new casinos argued Monday that more gambling would further impoverish people struggling to make ends meet and encourage addicts, while supporters said tax revenue would generate jobs and fund schools.
A discussion presenting both sides of a referendum on amending the state constitution to allow Las Vegas-type casinos was held in New York City, ahead of a Nov. 5 ballot vote.
Man Sentenced to 5 Years for Bilking Investors: Used Funds to Pay Gambling Debts
A San Jose, California man has been sentenced to five years prison time and five years probation for defrauding investors in order to pay off his gambling debts.
Thomas R. Papa, 56, represented himself as a money manager for a company called MTJJ via Craigslist. He would tell potential clients that he could broker deals for property and business loans through private investors.
Reginald Roberts Repeats HPT Victory
Wyandotte, OK - When Reginald “Shawn” Roberts of Springfield, Missouri walked into Indigo Sky Casino for Monday’s taping of Heartland Poker Tour, he tried to keep his expectations in check. “Honestly, I just feel grateful to be at the Final Table,” he said, “You never know how many times you will get to do this.” Last year, Roberts became one of just a few players to return to HPT’s televised Final Table. He finished fifth in Missouri after a win in Oklahoma in 2010.
One Dead, Three Wounded at Bally’s Hotel-Casino Club in Vegas
LAS VEGAS — (Associated Press) - Authorities say an ex-convict with a history of altercations at Las Vegas clubs was behind a shooting that killed a patron and wounded two employees at a casino after-hours nightclub on the Strip.
Clark County Sheriff Doug Gillespie said Monday that 41-year-old suspect Benjamin Frazier remained hospitalized at University Medical Center.
Police say Frazier is being treated for serious head injuries sustained when he was subdued following the 5:45 a.m. (October 21, 2013) shooting at Drai’s After Hours at Bally’s hotel-casino.
The Latest Poker Hall of Fame Inductees Announced
Scotty Nguyen and Tom McEvoy will be the 45th and 46th inductees into the Poker Hall of Fame.
A ceremony for the induction will take place on November 3. Celebrations take place at the 2013 WSOP Main Event.
Scotty Nguyen, a Vietnamese-American, is a five-time World Series of Poker bracelet winner. Nguyen is perhaps best known for winning the 1998 World Series of Poker Main Event. He is the first and currently only player to win both the WSOP Main Event and $50,000 Players' Championship.
Depositing on WSOP.com Hasn’t Been Easy Say Players
The second real money online poker site to begin accepting players from the US within the US hasn’t had the easiest time getting money in (or off the site) according to complaints that have cropped up on the TwoPlusTwo.com message boards.
Tropicana Casino Approved for NJ Online Gambling License
ATLANTIC CITY, N.J. (Associated Press) - New Jersey casino regulators continued their march toward Internet gambling Monday, awarding the state's fifth online gambling permit to the Tropicana Casino and Resort.
The state is preparing for the launch of online gambling in New Jersey, which will begin Nov. 26 after a five-day invitation-only test period to make sure all the systems work properly.
The awarding of the permit came as detailed regulations for Internet gambling took effect Monday.
Negreanu, Scott Clements, Ludovic Lacay Still Going Strong at WSOPE 2013
With just 71 players left at press time Monday evening, Daniel Negreanu was among the big names still hanging in there at the 2013 World Series of Poker Europe Main Event (WSOPE).
Some of the biggest money earners including Phil Ivey, Phil Hellmuth and Antonio Esfandiari busted out of this year’s event.
Big international money earners were among the chip leaders heading into the overnight hours Monday.
375 Players Enter 2013 World Series of Poker Europe Main Event
This year's World Series of Poker Europe Main event has 375 entries, a €3.6 million prize pool, and €1 million payout to the champion.
Remaining players from the first two days will be combined to kick off Monday’s play.
Among the more familiar names still taking part: Phil Ivey, Antonio Esfandiari, Phil Hellmuth, Daniel Negreanu, Martin Finger, Max Steinberg, Shannon Shorr and Noah Schwartz.
Niagara Police Can Now Buy New Cars With Gambling Proceeds
NIAGARA FALLS, N.Y. (Associated Press) — A western New York police department can start shopping for patrol vehicles for the first time in five years now that casino gambling payments have been received from the Seneca Nation of Indians.
The Niagara Gazette reports that the Niagara Falls City Council has approved a measure seeking the allocation of $513,000 in casino revenues to buy 19 new police cars. The move will allow the cash-strapped city to essentially replace its entire fleet of overworked police cruisers.
Indianapolis Airport Considering Wireless Gambling Technology
(Associated Press) - Phil Sicuso and Joe Champion say Indianapolis International Airport is well suited for wireless gambling technology that could bring in revenue to support more nonstop flights.
The pair work at Bingham Greenebaum Doll LLP and floated the idea in an article for their firm's newsletter, the Indianapolis Business Journal reported.
Week 8 College Football Upsets Great for the Bookies
Bookies celebrated a series of Week 8 College Football upsets that helped boost profits as the betting public tended to back the more high profile favorites.
Ole Miss pulled off one of the week’s biggest upsets, beating LSU outright as a +10 underdog. The Tigers now have two losses on the season. The Rebels record coming into Week 9 is 4-3 following their three point home victory.
$1 Million Big One for One Drop Returns in 2014
After a one year hiatus, the $1 Million Big One for One Drop will be returning in 2014 as part of the World Series of Poker.
“It was a terrific inaugural event in 2012 with One Drop raising nearly $5.7 million from the Big One event,” One Drop founder Guy Laliberté said in a press release. “There is still a lot of work to be done to ensure access to water for all. I have no doubt that the poker community will once again live up to its reputation for generosity by helping to transform lives sustainably.”
Gambler Archie Karas Extradited to CA for Casino Cheat Case: Pleads Not Guilty
One of the most well-known and successful gamblers of all time, Archie Karas, was extradited from Nevada to California to face charges he cheated a San Diego casino out of more than $8000. He entered a “Not Guilty” plea on Friday.
Genovese Crime Family Mobster Admits Role in Racketeering Tied to Sports Betting
Genovese Crime Family associate John Breheney (AKA “Fu”), 49, of Egg Harbor, NJ, pleaded guilty Friday before US District Judge Claire C. Cecchi to conspiracy to violate the Racketeer Influenced and Corrupt Organization (RICO) statute through his participation in an illegal sports betting operation.
Las Vegas Sands Earnings Beat 3rd Quarter Earnings
(Reuters) - Casino operator Las Vegas Sands Corp. , owned by billionaire Sheldon Adelson, on Thursday posted better-than-expected third-quarter earnings, boosted by positive trends at its Macau and Singapore operations.
The company, which operates the Venetian in Las Vegas, also said it increased its common dividend by 42.9 percent to $2 per share yearly, or 50 cents per quarter, for the 2014 calendar year.
