BetOnline Players had Most Profitable Weekend in Company’s History

Yet another gambler has beaten up on popular online gambling site BetOnline, this time after hitting a massive parlay over the weekend.

BetOnline

Submitted by Gilbert Horowitz on,

AGA Says it has Proof of Ties Between Illegal Gambling and Organized Crime

The American Gaming Association (AGA) met with officials across the United States to discuss what it calls “groundbreaking new research showing the extent of illegal gambling and its ties to organized crimes”.

Submitted by Jagajeet Chiba on,

Ten People Shot in Gambling Dispute at Busy Events Center

Ten people were hit by gunfire during an early morning Sunday gambling dispute at a small West Georgia town.  All the victims, five females and five males, were expected to survive.

The incident occurred at the Hill Haven Event Center in Greenville, about 60 miles southwest of Atlanta.    

Submitted by Gilbert Horowitz on,

Citigroup Maintains ‘Sell’ Rating on Bwin.party Stock

On Monday, Citigroup issued an analyst note maintaining a “sell” rating on Bwin.party’s stock.

The target price would indicated a potential downside of 39.08% from the company’s current stock price.

Submitted by Aaron Goldstein on,

Handful of Women’s Groups Oppose Online Gambling Prohibition in U.S.

Among those in stiff opposition to legislation that would ban online gambling in the United States are none other than women’s groups such as Independent Women’s Voice and Independent Women’s Voice.

Submitted by Gilbert Horowitz on,

Top 10 Countries With the Biggest Gambling Losses: U.S. Ranks Number One

The United States of America ranks number one in terms of overall gambling losses by country, according to a report by The Economist, citing British consultancy H2 Gambling Capital.

Submitted by Jagajeet Chiba on,

BetOnline Live Dealer Casino Player Turns $1870 Into Over $300K

BetOnline.ag’s Dave Mason advised Gambling911.com Saturday evening that the online Live Dealer Casino site is in the midst of giving away one of the biggest payouts ever.

BetOnline

Submitted by C Costigan on,

Sportsbook.ag Friday MLB Betting Preview

The Rangers and Astros continue to fight for the top position in the AL West when the teams meet in Houston on Friday.

TEXAS RANGERS (83-69) at HOUSTON ASTROS (80-73)                                        

Sportsbook.ag Line: Texas +126, Houston -136, Total: 8

Submitted by Payton on,

A Warning to Players at Playtech Powered Casinos

When playing at an online casino, nothing beats the thrill of winning big.It is the reason punters flock to betting sites and put their hard-earned money into the casino. Thus, when a lucky player named Natalia won $2,973,077 at Casino Bellini in August,she was absolutely thrilled. Unfortunately for her, Bellini Casino has a policy of paying out winnings at a rate of just $9.990 per month.

Submitted by Payton on,

Man Who Killed Wife With Mallet Before Heading to Casino Sentenced to Life

FORT LAUDERDALE, Fla. (Associated Press) – A South Florida man has been sentenced to life in prison for beating his wife to death with a mallet.

A Broward County judge sentenced 68-year-old Robert Oulton on Thursday. He was convicted last month of second-degree murder.

Authorities say Oulton fatally beat his wife, Yvonne, at their Pompano Beach home on Easter Sunday 2010 and then went to Isle Casino & Racing in Coconut Creek to gamble in a poker tournament.

Submitted by Associated Press on,

New York Times: Daily Fantasy Sports and Hidden Costs of Weird U.S. Gambling Laws

The New York Times on Thursday discusses how some odd piece of legislation, the Unlawful Internet Gaming Enforcement Act, has helped to facility today’s boom in Daily Fantasy Sports, the very activity it was likely trying to prevent.

Online gambling diehards know the legislation well and by its abbreviated form UIGEA. 

Submitted by Don Shapiro on,

Premier Per Head Unique Prop Bet Offerings

One of the keys to running a successful sports bookmaking business is creating as many betting opportunities as you can for your customers. While sports will always be the driving force behind the majority of the action that you take in, sometimes outside events in the world of entertainment or even politics will capture the imagination of the betting public.

Submitted by Matt Skinner on,

Bookies Behaving Badly Part 6: Mark Del Popolo, Attorney at Flaw

He was a lawyer who thought he was above the law.  In reality, though, he was an early e-scamster who gave both bookmaking and bunco a bad name.

He is Mark Del Popolo, a Syracuse, N.Y. attorney-turned-Internet bookie who dreamed of being a mobster and executed the first big online bookmaking scam of the 21st century.

Submitted by Thomas Somach on,

NFL Commish Sees Difference Between Fantasy and Sports Betting

An unsealed 2012 deposition unveiled Wednesday by ESPN shows some of the rationale of NFL Commissioner Roger Goodell’s staunch stance against on illegal sports betting.

He and a league executive testified at the time that an association between gambling and the NFL “would damage fans’ perception of the game while downplaying the significance of the league’s playing games in London and its relationship to fantasy sports”.

Submitted by Aaron Goldstein on,

Macau Casino Revenue Drops 19 Percent After Credit to High Rollers Reduced

(Bloomberg News) - Macau casino shares closed lower in Hong Kong after Deutsche Bank AG said gaming revenue was hurt last week due to a move by junket operators to reduce credit offered to high-end gamblers.

Gross gaming revenue fell 19 percent to 493 million patacas ($62 million) a day last week, or 18 percent below the average so far this quarter, Deutsche Bank AG analyst Karen Tang wrote in a note Wednesday. Junket operators reduced lending after a reported theft at a competitor "prompted others to withdraw deposits from various junkets," Tang wrote.

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College Athletes Found Playing on DraftKings, FanDuel to Lose One Year Eligibility

In a shocking turn of events Tuesday it was revealed that the NCAA plans to penalize any college athlete found playing on Daily Fantasy Sports sites like DraftKings and FanDuel.

Athletic Director for Mississippi State, Scott Strickland, tweeted:

… any athlete found to be gambling on college sports (includes daily fantasy such as Draft Kings) automatically loses a year of eligibility.

Submitted by Gilbert Horowitz on,

Mass AG on DraftKings: ‘This is a New Industry, It’s Something We Are Reviewing’

Massachusetts Attorney General Maura Healey says her office is reviewing the business practices of Daily Fantasy Sports website Draftkings to ensure they are operating within the legal framework of current law.

Submitted by Jagajeet Chiba on,

ESPN to Back Away From College Football Gambling Talk Amidst Backlash

This month, it was announced that ESPN would take a more aggressive approach in reporting on gambling point spreads as part of its sports coverage.  Now comes word the 24 hours sports network may be reconsidering this approach.

From Sports Illustrated:

Submitted by Tyrone Black on,

No Need to Panic Over Daily Fantasy Sports Congressional Scrutiny Says Expert

An industry expert laughed off concerns over efforts by New Jersey Congressman Frank Pallone’s attempt to study Daily Fantasy Sports and their relationship to the four professional leagues.

Joe Brennan, Jr., an industry expert who himself will be launching a new DFS site based in London, England, Fast Fantasy, pointed to efforts by certain politicians to stop legalized online poker in the U.S.

Brennan, Jr. tweeted last week:

Submitted by Aaron Goldstein on,

Shocking Video Emerges of Bungling Machete and Scythe Waving Casino Bandits

Two men were jailed Monday for their role in a brazen casino robbery last October with every horrifying moment caught on video surveillance. 

Wayne Marsh, 33, and Grant Walker, 24, are both seen in the video waving a scythe and machete in people’s faces while bundling banknotes into a bag. An accomplice Andrew Warley, 41, was also placed behind bars Monday.

The two men made a number of bungled missteps while attempting to flee the Walsall’s Grosvenor Casino in Bentley.

Submitted by Jagajeet Chiba on,

4 Ways Price Per Head Agents Can Double Their Bookie Revenue

It might cost you less to keep an existing customer than it does to gain a new one, but let's face it, without new players for your online bookie business you're never going to grow.

 

Submitted by Payton on,

Daily Fantasy Sports for Suckers Research Suggests

Gambling911.com sister site DFS911.com Monday reports on how a series of research determined that Daily Fantasy Sports are not what they are cracked up to be.

A paywalled survey of 1,400 DFS players that Eilers Research shared with Tech Insider shows that 70% of Daily Fantasy Sports players actually reported losing money.

Submitted by Don Shapiro on,

Paddy Power Shares Undervalued by 30 Percent Claims Research Report

Shares in Irish bookmaker Paddy Power are undervalued by 30 percent according to a new research report issued by stockbroker Davy.

The company is set to merge with Europe’s largest betting exchange Betfair in the coming months.

Submitted by Aaron Goldstein on,

Your Pay Per Head Platform Security Checklist

We've put together a quick and simple security checklist with the top three security features that your pay per head platform shouldn't be without.

We know how important pay per head platform security is to a bookie. You're constantly dealing with a lot of sensitive information and your players want to know that they can trust you with their money.

Submitted by Flash OBrian on,

Premier Per Head Gets You Ready for some Football

Betting on sports is a year-round multi-billion dollar business, but when football season rolls around the action really picks up at both the college level and with the pros. This is the time of the year when an independent sports bookmaker can really clean up as long as they have the right Pay Per Head service handling their account.

Submitted by Payton on,

Death Penalty Sought for Mobster Who Murdered Gambling Ship Fleet Owner

FORT LAUDERDALE, Fla. (Associated Press) -- Anthony "Big Tony" Moscatiello deserves the death penalty for coldly ordering the mob-style slaying of a South Florida businessman to protect his share of a lucrative stream of gambling profits, a prosecutor told a jury Wednesday.

Submitted by Associated Press on,

Lawmakers Look to Determine Legality of Daily Fantasy Sports in Florida

TALLAHASSEE (Associated Press) -- As the NFL season kicks off, another big contest may be soon be played in the halls of the Florida Capitol.

The growing fantasy sports industry, which is already subjecting television viewers to a barrage of wall-to-wall advertising with the new football season, is now setting its sights on getting the blessings of the Republican-controlled Florida Legislature.

Submitted by Associated Press on,

Tuesday MLB Betting Preview New York Yankees v Tampa Rays

The Yankees will be going for their third straight victory when they face the Rays in Tampa Bay on Tuesday.

NEW YORK YANKEES (79-64) at TAMPA BAY RAYS (69-74)                                           

Submitted by Payton on,

Premier Per Head Has the Experience you Need

The tremendous growth of the sports betting industry over the past few years has opened the floodgates to a number of fly-by-night Pay Per Head services that have gotten into the game looking to make a quick buck. Experience in a very competitive environment should be at the top of the list for any sports bookmaking agent when it comes to choosing your PPH service.

Submitted by Payton on,

Congressman May Want to Stick It to Leagues With Daily Fantasy Sports Study

So finally Congress has decided to act on the explosive world of Daily Fantasy Sports, though most experts agree they are probably a bit too late to act.

After all, millions of dollars has been pumped into the industry from many of the major sports leagues, ESPN and a number of millionaire investors.

On Monday it was announced that Democratic congressman Frank Pallone Jr. of New Jersey would like to have a Congressional committee take a look at the connection between fantasy sports and gambling.

Submitted by Aaron Goldstein on,