Gambling News
Absolute Poker Frontman Paul Leggett Resurfaces at Amaya
Former Absolute Poker COO Paul Leggett has been maintaining a low profile ever since “Black Friday”, a day in which the US Government cracked down on AP and two other big name US-facing online poker firms.
Two years later Liggett has emerged as the new head of Amaya’s online poker venture.
EPT Grand Final Monaco Kicks Off
The highly anticipated EPT Grand Final was set to begin Monday at the Monte Carlo Bay Hotel and Casino Resort in Monaco.
The event will run May 6 thru May 15.
Buy-ins will range as low as €220 to as high as €100,000.
PokerStars EPT 10 Season Schedule Unveiled
MONTE CARLO, MONACO – PokerStars, the world’s largest poker site, announced the European Poker Tour Season 10 schedule today, with a total of eight events, starting with the ever-popular EPT Barcelona opening event scheduled to take place from August 28 to September 7.
Casinos Brace for Internet Gambling
ATLANTIC CITY, N.J. (Associated Press) — With legal gambling now moving beyond the casinos and onto the Internet, the industry is bracing for the most far-reaching changes in its history.
A Las Vegas firm, Ultimate Gaming, on Tuesday became the first in the U.S. to offer online poker, restricting it, for now, to players in Nevada. New Jersey and Delaware also have legalized gambling over the Internet and expect to begin offering such bets by the end of this year.
Gambling on Sex Toy Races a Hot New Trend
Last month in Las Vegas during the International Lingerie Salon, Fun Factory held a gambling party that featured wagering on none other than sex toys.
The game is called “Stronic Sex Toy Race” and here is how it works, as explained by XBIZ.com:
Gambling911.com Breaks All Time Traffic Record With 2013 Kentucky Derby
A little rain Saturday helped guarantee record traffic numbers to the Gambling911.com website for our extensive Kentucky Derby betting coverage.
San Francisco Examiner: WSEX Founder Killed Himself With Illegal Gun
Tom Somach reports in the San Francisco Examiner Sunday that Steve Schillinger of Word Sports Exchange, who killed himself last month, had an illegal gun and Antigua police are investigating how he got it, where and from whom he got it.....Read the Sunday edition story on Schillinger by clicking here.
Lock Poker Payment Processor: ‘Things Will Get Better Soon’
Lock customers in Europe and the rest of the world outside the US have wondered why payouts might be slower than the industry average, a la Skrill and Neteller.
A customer representative routinely posts on the TwoPlusTwo.com forum that “rest of the world payment processing is adversely affected by Lock’s willingness to accept US customers”.
We know Lock well and we know they are not going anywhere any time soon BUT…. the whole payment processing puzzle still has us (and many others) a bit baffled.
First Real Money US Online Poker Room UltimatePoker.com Averaging 100 Players
With all the talk of the first ever real money online poker room launching within the United States, we now have a clearer picture of just how many people are beginning to play.
Heading into the weekend, Station Casinos backed UltimatePoker.com was seeing approximately 100 players on average in a day with peak real money players at just over 200, according to PokerScout.com.
Backpack Controversy Emerges as World Series of Poker Considers Door Check
In the wake of the Boston Marathon bombing, World Series of Poker organizers have confirmed they are, at the very least, studying the issue as to whether backpacks should be checked at the door.
Jack Effle of the WSOP tweeted:
We are looking into the concern
Needless-to-say, a number of other poker pros chimed in.
BJ Nemeth wrote:
Lock Poker Addresses New Player to Player Transfer Policy, Looks to Stamp Out Fraud
Lock Poker recently came under fire for cracking down on some player to player transfers. The problem, according to Lock, some players are abusing the process.
PokerStars Guangdong Asia Millions to be One of Biggest Poker Tournaments Ever
Macau, China will play host to this year’s PokerStars Guangdong Asia Millions, a HKD $1 million buy-in tournament set to attract over 100 players with a likely prize pool to be over USD $10 million
It is currently being billed as the biggest poker tournament ever held outside of the World Series of Poker in terms of prize pool, and the largest ever high-roller event by number of players.
Breaking News: PokerStars Attempts to Salvage Atlantic Club Deal
ATLANTIC CITY, New Jersey — (Associated Press) - The British parent company of the PokerStars website says it still wants to buy an Atlantic City casino, even though a deal to obtain it fell through on Wednesday.
The Rational Group said Thursday night it wants to try to save its deal to purchase The Atlantic Club Casino Hotel. The casino said Wednesday the purchase deal was dead, but declined to say why.
Eric Hollreiser, a spokesman for the Isle Of Man-based company, said it had expected the closing deadline for the sale to be extended.
With Casinos Coming Online in US Lawyers Plot Gambling Addiction Suits
LOS ANGELES (Reuters) - States and casinos racing to legalize online gaming may find some unwelcome visitors on their websites: product liability lawyers.
A group of 10 lawyers and academics with experience in prior liability cases met in Indianapolis in mid-April to discuss whether a lawsuit claiming online gaming further promotes gambling addiction has a shot at winning.
Lindsay Lohan Joins Poker Pro Eric Lingren at Morningside Rehab
So, it seems the “winner” of the Lindsay Lohan rehab is Morningside Recovery Center in Newport Beach, which media has widely reported is the center she will be checking in to today as part of her court-mandated 90 day rehab program.
Illinois Gambling Expansion Measure Approved: Online Language Removed
The Illinois state Senate voted 32-20 in favour of SB1739, a measure that would allow expansion of gambling within the state’s borders. Language related to legalized online gambling had been removed in recent days.
Stratosphere Named Vegas Home of HPT
Las Vegas, NV – (Press Release) – Heartland Poker Tour, one of the longest-running brands in poker, is making its annual trip to Sin City and its going to the top. The nationally-televised tour set its sights on the casino with the most breathtaking view in Vegas: The Stratosphere Casino, Hotel, & Tower. The iconic property will host a nationally-televised HPT event November 8th-17th.
EPT Grand Final Super High Roller Prize Pool Tops €3 MILLION
Over 30 players already registered for €100,000 buy-in event in Monaco
ONCHAN, ISLE OF MAN – With just under two weeks to go, the prize pool for the €100,000 Super High Roller tournament at the PokerStars and Monte-Carlo®Casino European Poker Tour Grand Final already looks set to top €3 million with over 30 players already confirmed, PokerStars revealed today.
PokerStars Calls Off Purchase of Atlantic Club Casino
Overnight Gambling911.com reported that an initial contract between PokerStars and the Atlantic Club Casino had expired. On Wednesday it was confirmed that Stars has backed out of the deal to purchase the financially strapped Atlantic City-based casino.
Atlantic Club CEO Michael Frawley issued a statement confirming that the sale was “terminated in accordance with its terms.”
The Final Latin Series of Poker Super Satellite Hits Americas Cardroom
It turns out the "LS" in LSOP stands for "last shot" for poker players looking to win their Latin Series of Poker seat. With the LSOP set to get underway this month, only a handful of guaranteed Super Satellites remain on the Americas Cardroom schedule. This Saturday marks the last 4-package guarantee of the month. If you are seriously considering attending the event, this is your best chance to win a package online.
2013 World Poker Tour BestBet Open Won by Mike Linster (Video)
Beating a field of 351 players, Mike Linster was crowned the 2013 World Poker Tour BestBet winner Tuesday.
Linster walked away with $321,521 in cold hard cash.
The Levittown, NY player has 38 cashes in his live poker tournament career with 3 first place finishes. This week's win takes him over the half million career mark.
David Bell finished in 2nd place.
Poker Pro Matt Roth Commits Suicide: A ‘Black Friday’ Casualty
Many a US-based poker pro has struggled since indictments were handed down against the big 3 American facing online poker rooms on April 15, 2011. PokerStars, Full Tilt Poker and Ultimate Bet were forced out of the US market. The later two would eventually shut down, owing millions of dollars to customers. And while Full Tilt Poker may have been resurrected by fellow indictee PokerStars, American have yet to see any payouts going on two years now.
Bill to Stop Expansion of Internet Cafes in Ohio Heading to State Senate
COLUMBUS — (Associated Press) - A bill that would immediately halt the expansion of Internet cafes in Ohio cleared a legislative panel Tuesday evening and was headed for a vote by the full state Senate.
The measure would extend a current moratorium on the opening of new sweepstakes gambling operations until June 2014, as lawmakers consider a ban on the facilities. The legislation also would require operators of current facilities to file more thorough affidavits of existence with the state. And those who don’t submit a new affidavit could face a fine of up to $1,000 a day.
No PokerStars in Atlantic City for Now
A deal that would have allowed the world’s largest real money online poker room to take over a troubled Atlantic City property is dead for now.
PokerStars was to have acquired the Atlantic Club Casino, formerly the Atlantic City Hilton, however, the initial contract has since expired.
From the Wall Street Journal:
85-Year-Old Avoids Prison Sentence for Running Illegal Gambling Business
BOSTON (Associated Press) - Three Cape Cod men who pleaded guilty in 2011 to running an illegal gambling ring have avoided prison time.
Federal prosecutors say 86-year-old Adam Hart and 62-year-old William Neofotistos were sentenced to two years of probation, including six months of house arrest.
They were also fined $40,000 and $10,000, respectively.
Also, 34-year-old Timothy Reardon was sentenced to two years of probation and fined $3,000.
Busted High Stakes Poker Ring had Ties to NYC Murder Suicide
A busted Russian mob linked high stakes poker and sports betting ring had ties to a murder suicide, the New York Daily News reported Tuesday.
From the Daily News:
First Real Money Online Poker Based in US Open for Business
LAS VEGAS (Associated Press) — Poker devotees will soon be able to skip the smoky casino and legally gamble their dollars away on the couch — at least in the state of Nevada.
A Las Vegas-based social gambling company is expected to launch the first legal, real-money poker website in the United States on Tuesday morning.
The site, run by Ultimate Gaming, will accept wagers only from players in Nevada for now, but likely represents the shape of things to come for gamblers across the country.
WSEX Founder Left Suicide Note: Hated Having to Stiff Customers
World Sports Exchange founder Steve Shillinger reportedly left a suicide note behind prior to taking a gun to his head last week.
Obama’s Choice of Ambassador to France has Ties to High Stakes Poker Bust, Mob
A recent New York City bust tied to illegal sports betting and high stakes poker games led to the indictment of a prominent art dealer, a so-called “Princess of Poker” and an individual said to be a major figure in Russian organized crime.
Pathological Gambling Caused by Excessive Optimism
Compulsive gamblers suffer from an optimism bias that modifies their subjective representation of probability and affects their decisions in situations involving high-risk monetary wagers. This is the conclusion drawn by Jean-Claude Dreher's research team at the CNC (Centre de Neurosciences Cognitives, CNRS / Université Claude Bernard Lyon 1). These findings, published in the May print edition of Psychological Medicine, could help explain and anticipate certain individuals' vulnerability to gambling, and could lead to new therapeutic approaches.
