Gambling News
Gambling Addict Steals Baby’s iPhone: Caught on Camera
How bad a problem is gambling addiction? Just ask 72-year-old gambling addict Kenneth Fletcher of Liverpool, England.
Jay Tan Re-Signs With Bodog Poker
Female poker player Jay Tan has renegotiated her contract to continue on as a Team Bodog poker pro for the remainder of 2013.
While a money earner online, the Australian player’s first real live tournament success came this past January with a 7th place finish at the Aussie Millions Main Event that resulted in a $157,745 cash.
Internet Gambling in New Mexico a Complicated Matter, Frowned Upon by Some
Internet gambling will be discussed by legislators in the US state of New Mexico this summer but the situation there is somewhat complicated.
Tribal Casinos Prepare for US Online Gambling: Pechanga Conference Planned
As Gambling911.com reported earlier in the week, some Tribal casinos are looking to combine their resources as a means of gaining entry into the lucrative US online gambling market.
Online Gambling Affiliates in the US: Preparation, Adapting Will be Key
There is an excellent report by John Mehaffey of LegalPokerSites.com on the legal landscape of online gambling in the US and how current affiliates with 10 plus years of experience may or may not be able to gain access. This, we at Gambling911.com believe, is a must read, especially in the wake of
Atlantic City Profits Down 27 Percent in 2012
(Associated Press) - Atlantic City's casinos saw their profit fall by more than 27 percent last year, even as revenue from non-gambling sources inched upward.
The city's casinos collectively posted $360 million in gross operating profits in 2012. They were hurt by having to close for up to a week for Superstorm Sandy.
Zynga Shares Up Nearly 15 Percent on Real Money Web Gambling News
News of Zynga beginning to offer real money online gambling in the United Kingdom sent its stock price rising 15 percent Wednesday. The company also intends to offer real money gambling in some regulated European countries over the next couple of months and the US by year’s end.
Zynga Will Expand Real Money Online Poker Into Europe: Shares Surging
With the announcement that Zynga, the word’s largest social gaming market, will offer real money gambling in the United Kingdom, shares rose 5.5 percent to $3.24 in after-hours trade Tuesday. By late morning Wednesday, shares were up 12.4 percent to $3.45 with an earlier high of $3.49.
Fantasy Poker Manager Partners With World Series of Poker
Fantasy Sports and gambling have merged, as we have seen with Atlantic City casinos announcing last month they will begin to take action on Fantasy Sports.
Now what about poker?
Some say that is a sport!
The answer came Wednesday with an announcement that Fantasy Poker Manager, owned by Zokay Entertainment, has now partnered with the World Series of Poker to become the official Fantasy Poker site of the WSOP.
45-event EPT Berlin is set to be Germany’s richest ever poker festival
BERLIN, GERMANY –The European Poker Tour (EPT) Season 9 Berlin festival is expected to boast a prize pool in excess of €10 million, smashing the €6.2 million paid out at last year’s Berlin events.
Tom Christopher Wins 2013 DeepStacks Poker Tour Patriot Poker Classic
Tom Christopher was announced as the winner of the 2013 DeepStacks Poker Tour Patriot Poker Classic Main Event Tuesday and will take home $54,392. Joe Starratt finished 2nd with $38,117.
The event took place at Connecticut’s Mohegan Sun Casino and featured a field of 167 entries with a guaranteed prize pool of $218,687.
Christopher, a Las Vegas-based poker player, has had 34 cashes to 4 wins to date on the live poker circuit. Despite those impressive numbers, his total earnings prior to Tuesday were just $119,658.
PokerView.com Shuts Down
Merge Network online poker skin PokerView.com is the latest to close its doors as the network continues to consolidate.
PokerView.com had allowed players to see one another online via webcam.
The following message appeared on the PokerView.com website effective April 1, 2013:
Dear PokerView Customer,
Antonio Esfandiari Made Official Brand Ambassador of Fertitta Backed Ultimate Poker
Ultimate Poker, an online poker room under development by Station Casinos and UFC founders Lorenzo and Frank Fertitta, has announced Antonio Esfandiari as its new brand ambassador.
Esfandiari became the biggest poker money earner of all time following his $18 million win last year in the $1 million buy-in “Big One for One Drop.”
Zynga Shares Surge on News of ZyngaPlusPoker Will Offer Real Money Play in UK
Zynga, the world’s largest social gaming company, announced Tuesday it will begin offering real money online gambling in the UK through its new website ZyngaPlusPoker.
Shares of Zynga, which closed 2.9% lower, rebounded 8% to $3.33 in after-hours trading following the news.
"We look forward to launching our social versions of real money games for players on Facebook and mobile in the UK throughout 2013," says Barry Cottle, chief revenue officer of Zynga, posted shortly after the announcement.
Americas Cardroom Doubles SnG Race Prize Pool to $10k this April
San Jose, Costa Rica –Two seems to be the magic number for online poker tournament players this April. Americas Cardroom today announced that this month's SnG Race prize pool will feature 2x what was on the table in March, all while the entire site gears up for the big $200,000 Guarantee this Sunday at 7:00pm ET.
March Proves Lucky Again for Pennsylvania Slots: 2nd Highest Revenue Ever
March 2013 resulted in the second highest revenue ever for Pennsylvania slots. The most revenue ever occurred in March 2012.
“It’s probably because you do have the beginning of the upturn in weather normally that probably allows people to feel more safe in traveling,” said Doug Harbach, Spokesperson for the Pennsylvania Gaming Control said.
Pennsylvania’s 11 casinos witnessed a 1.6 percent decline in revenue compared to March 2012 where the total earned was $229.
Churchill Downs to Buy Maine’s Oxford Casino
OXFORD, Maine (Associated Press) — Less than a year after it opened, Maine's Oxford Casino is being sold for about $160 million to Churchill Downs Inc., the Kentucky-based gambling company announced Friday.
The deal awaits approval by the Maine Gambling Control Board and is expected to close in the fourth quarter of 2013.
Macau Gambling Revenue Up 25.4 Percent in March Over Same Period Last Year
Macau gambling revenue was up 25.4 percent in March compared to the same period last year.
Government data indicated that the world’s largest gambling destination experienced a rise to $3.92 billion.
Full year gambling revenue hit $38 billion last year.
Business from both mass-market and VIP, or high-stake gamblers, has been strong, RBC Capital Markets analyst John Kempf wrote in a March 25 note.
Casino companies like Galaxy Entertainment and Sands China Ltd. have been expanding and adding rooms.
- Aaron Goldstein, Gambling911.com
InterPoker Moving to OnGame Poker Network
One of the oldest online poker sites, InterPoker, as confirmed it is switching networks and moving from the International Poker Network to OnGame.
Amaya Gaming recently purchased OnGame and is positioning the company for a spot amongst the US legalized Web poker landscape. In recent months, however, OnGame has suffered from a string of defections.
Affiliates of the InterPoker website received the following email:
Cyrpus Banking Crisis Helps Bitcoin Value Rise (Video)
Despite news last week that the US Government has intentions of regulating the virtual currency Bitcoin, its value continues to rise at an incredible pace.
The reason: Tiny Cyprus in the Mediterranean. An island nation that was forced to enter a bailout while imposing what amounts to a 60 percent fee on high end bank balances with little warning.
Hintze: PokerStars Getting Licensed in Delaware an Uphill Battle
Haley Hintze of 4Flush.com raises some interesting points as it relates to PokerStars obtaining an online poker license in the state of Delaware. The odds are long based on how the Delaware Lottery itself envisions its interactive gaming process.
Poker Personality Nolan Dalla Conned Out of $37k by ‘Notorious’ Peter Falcone
Nolan Dalla has come forward to declare he was conned out of $37,000 by one time best friend Peter Falcone.
Dalla writes on his blog in a three-part series admitting his vulnerability.
Peter Falcone.
NATIXIS Issues ‘Buy’ Rating for Gambling Powerhouse William Hill
NATIXIS reissued a ‘buy’ rating on shares of England’s biggest bookmaker and online gambling firm William Hill with a target price of $7.16 on its stock.
This move follows JPMorgan Chase cutting their price target on shares of William Hill from $7.70 to $7.33 in a research note to investors on March 21st.
Four analysts have rated the stock with a sell rating, two have issued a hold rating and thirteen have assigned a buy rating to the company’s stock.
Poker Staking Guide Released by PokerStakes.com
LONDON, UNITED KINGDOM - Tens of millions of dollars a year change hands in poker staking deals, yet the overwhelming majority of poker players have little idea of what staking is, how it works, or - most importantly - how they can gain access to poker staking marketplaces.
Gambling911.com Marketing: Madness, Poker Tournaments and Horses
With the March Madness Sweet 16 and Elite 8 concluded, Gambling911.com has seen some more exceptional search results. For industry professionals, be sure to check out our Marketing section regularly here and if you wish to contact us, please do so here. We are available 24/7.
Tribes Looking to Form Online Gambling Coalitions
A report appearing on GamblingCompliance.com suggests that US Tribes could begin forming online gambling coalitions as states begin to legalize betting on the Web.
From GamblingCompliance.com:
Internet Gambling, Casino Expansion a Tough Sell in Illinois: Quinn Skeptical
CHICAGO — (Associated Press) - Lawmakers pushing to expand gambling in Illinois hope the third time is a charm with a more finely tuned proposal that could make Illinois the fourth state to allow Internet gaming.
The latest proposal includes some familiar ideas: five new casinos, including one in Chicago and Rockford; thousands of slot machines, including at Chicago’s two airports. But it also includes Internet gambling, which would allow Illinois residents to play games like black jack on their computers or smart phones.
Casino Mogul Sheldon Adelson Testimony to be Streamed Live This Week
Courtroom View Network is expected to receive exclusive ability tomorrow to provide live streaming coverage in the trial against Las Vegas Sands Corp. Renowned liberal icon, Alan Dershowitz, and former lawyer for OJ Simpson appeared in court Friday to argue against the motion to allow cameras in the courtroom. Dershowitz argued against cameras - the liberal icon is representing the interests of ardent conservative billionaire Adelson.
Rocco Palumbo Wins WPT Venice Grand 2013: Mike Sexton Finishes Third
Italian poker player Rocco Palumbo has won the WPT Venice Grand 2013, bringing is live tournament earnings up to just over $1 million.
Palumbo did have three small cashes so far this year leading up to this event. He did win $464,464 and a World Series of Poker bracelet last summer.
Noted poker player and personality Mike Sexton won a cool $69,723, finishing 3rd at the WPT Venice Grand.
In all, 173 players took part in this year’s event.
WPT Venice Grand Final Table Results
Nevada Supreme Court Rules Against Phil Ivey’s Wife in Divorce Suit
The Nevada Supreme Court Friday ruled against a petition filed by poker pro Phil Ivey’s ex wife, Luciaetta Ivey, claiming she was treated unfairly in their 2009 divorce case.
From PokerNews.com:
