Macau Gambling Revenue Up But Misses Estimates
(Reuters) - Macau, the world's casino capital, raked in 28.7 billion patacas ($3.6 billion) in gambling revenues for the first month of 2014, boosted by Chinese visitors flocking to the country's only legal casino hub ahead of a week-long national holiday.
Revenue growth in Macau, a special administrative region of China like neighbouring Hong Kong, was up 7 percent in January, the lowest growth rate since October 2012 and far below analyst estimates of 11-15 percent.
Adelson Launches Online Gambling Opposition Ads: Nation Divided
LAS VEGAS (Associated Press) — Many experts believe online wagering is the future of gambling, but the casino industry is increasingly divided on the issue.
The latest evidence of the split comes Monday as the Coalition to Stop Internet Gambling launches the first commercial in a six-figure campaign warning of the dangers of legalized Internet gambling.
The group is supported by casino mogul Sheldon Adelson, CEO of Las Vegas Sands.
Canadian Gambler Files to Bankruptcy to Avoid Paying $12.9 Mil Casino Debt
Canadian gambler and real estate tycoon Semion Kronenfeld has filed for bankruptcy protection in the US with hopes of avoiding the payment of a $12.9 million debt to MGM Grand and Venetian Hotels in Las Vegas.
The 43-year-old is facing decades in prison following a grand jury decision and an arrest warrant has since been issued.
The case against Kronenfeld has lingered on since 2008.
Aria Hotel and Casino in Vegas Fined for Blocking NGCB Agents
LAS VEGAS (Associated Press) — Nevada gambling regulators says the Aria Hotel-casino on the Las Vegas Strip blocked its agents from watching a high-stakes roulette table.
The Nevada Gaming Control Board filed a two-count complaint against Aria and part-owner MGM Resorts International on Friday.
The complaint said two state agents who had not identified themselves were watching high rollers play roulette last October when a supervisor told them that the players did not want to be watched and threatened to call security.
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London Affiliate Conference 2014 a Monster Event (Video)
The London Affiliate Conference 2014 attracted hundreds of people in Day 1 with this year’s event having outgrown itself from previous years. It was forced to move to London’s biggest conference venue, Earl’s Court.
One of the attendees took a cue from last month’s NYC shock stunt marketing the film “Devil’s Due” in which a remote controlled baby was left in its carriage to terrorize unsuspecting pedestrians with Hell raising screams and even vomit.
MadAboutSlots.co.uk and Probability joined forces to unleash a giant dinosaur onto the LAC crowd.
Investigation Into Brutal Murder of OKC Bookie’s Wife Ongoing
OKLAHOMA CITY – (Associated Press) - The brutal murder of a bookie's wife remains a mystery more than three years later. Oklahoma City Police will only tell us the investigation is "ongoing." Still, some question if the case has gone cold, including her husband, Teddy Mitchell, who has been considered a suspect in the killing.
Man Who Claimed to Have $700k in Gambling Debts Ordered to Pay Back Wife $10 Mil
A Manhattan judge ordered a default judgment against Steven Lalicata for failing to respond to his wife’s $1 million suit against him.
Archie Karas Hearing on Tap: Accused of Cheated Casino With Card-Making Device
A preliminary hearing has been scheduled for Anargyros Karabourniotis, better known as Archie Karas, on February 27. He is accused with cheating a San Diego, California area casino through the use of an alleged card-making device. Karas has won and lost millions of dollars over the years.
WinCake.com Enters Into Partnership With Goal.com: Strong Investment Backing
Cake Entertainment N.V. announced today that it has entered into a strategic partnership with Free Web Holding Ltd. to form Cake Next Entertainment Ltd. The partnership brings new investment and successful industry professionals to strengthen the company‘s efforts in building its B2B and consumer businesses, positioning the company as a major force within the international gaming entertainment space.
Paris Hilton Wins $50k in Blackjack at Atlantic City Casino Following DJ Gig
Socialite, reality TV star, pop singer and now….DJ, Paris Hilton, reportedly won $50,000 playing blackjack at an Atlantic City casino immediately following a DJ Gig in the seaside gambling resort that paid out $100,000.
Hilton won the money Saturday night according to TMZ.com.
Paris kicked off her residency at Harrah's "Pool After Dark" with a blowout -- DJ'ing for a sold out crowd -- and sources tell TMZ, she got paid $100,000 for the job.
NJ Gamblers May Have Self-Ban From Casinos Without Admitting Problem
(Associated Press) — New Jersey is considering letting people ban themselves from casino or Internet gambling without having to admit they have a gambling problem.
The state's voluntary self-exclusion lists permit people to sign up and request that they not be admitted to casinos or allowed to gamble online. But the law currently requires them to attest that they have a gambling problem.
A bill that cleared a state Assembly committee on Thursday would let people sign up for the lists without having to admit they are compulsive gamblers.
Turkey Tightens Restrictions On Internet Gambling, Prostitution in Wake of Scandal
(Reuters) - Turkey's parliament has approved internet controls enabling web pages to be blocked within hours in what the opposition decried as part of a government bid to stifle a corruption scandal with methods more suited to "times of coups".
Root: Super Bowl Would Have Been Nothing Without Gamblers
After days of anticipation for the NFL’s grandest and greatest event of the year, the Super Bowl (or as it is called in Vegas, “The Game”) was ready, set and bet by millions of fans across the nation. The best two teams were in the spotlight — with a matchup featuring the best offense and best defense to ever face off on a field in NFL history. Then the Denver Broncos and Seattle Seahawks took the field.
‘Cold Case’: Canadian Gambler Indicted for Stiffing Casinos Out of $12.9 Mil
A Canadian gamblers has been indicted by a grand jury for failing to pay back $7.9 million in markers to the Venetian resort and $5 million to the Green Valley Ranch resort, both in Las Vegas.
Real estate magnate Semion Kronenfeld faces 12 counts, including theft and obtaining money under false pretenses, for failing to pay the two casino establishments.
Kronenfeld was first charged in 2008, making this somewhat of a cold case.
10 US States Explore Internet Gambling
ATLANTIC CITY, N.J. — (Associated Press) - At least 10 U.S. states are considering bills to legalize or expand Internet gambling this year, according to a group that tracks gambling-related legislation worldwide. But the Gambling Compliance survey also finds slim chances for a national law to regulate Internet poker, predicting a major effort by online gambling opponents to block it in Congress.
Guardian Newspaper Launches Sports Betting Site GoWager.co.uk
Move over Ladbrokes, William Hill and Paddy Power. Here comes some stiff competition from a branding concept we all know, the Guardian Newspaper. And they just entered the sports betting business with GoWager.co.uk.
Sports Betting Ring Taken Down in Rhode Island: 13 Arrested
Thirteen individuals were arrested as part of a crackdown on illegal sports betting in Northern Rhode Island Tuesday. All were arraigned in District Court Providence during the afternoon.
Sportsbook Promos - February 2014: WagerWeb.com Bonus Code
With Super Bowl 48 now history, we have new sportsbook promos and bonuses being offered for February 2014. WagerWeb.com has slightly altered its sportsbook bonus offerings for the remainder of February, post Super Bowl. Your WagerWeb.com bonus code is AF6067 for February (write it down).
Former Philadelphia Mayor’s Daughter Spared in Mob Gambling Case
PHILADELPHIA - (Associated Press) — The daughter of a former Philadelphia mayor is likely to go free in the latest gambling prosecution of her husband, who admits running a global sports betting ring.
Joanna Mastronardo, daughter of the late Mayor Frank Rizzo, will have a banking charge dropped if other defendants plead guilty to racketeering and gambling charges.
Her husband, Joseph "Joe Vito" Mastronardo Sr., and son, Joseph F. "Joey" Mastronardo, pleaded guilty on Friday.
A federal judge said Tuesday that he will drop her case when they are sentenced.
Zynga Shares Rise With UBS Upgrade to ‘Buy’
Social gaming giant Zynga witnessed its biggest share price surge in nearly a year Tuesday thanks to a positive upgrade.
UBS raised its rating on the game maker's stock to "buy" from "neutral," saying Zynga's core operations had begun to stabilize under the new management team and that its $527 million acquisition of mobile game developer NaturalMotion would result in more scale and innovation at Zynga.
Wynn Approved for Online Gambling License in New Jersey: Uncertain of Plans
ATLANTIC CITY, N.J. (Associated Press) - In the decades since he left Atlantic City for the more prosperous sands of Las Vegas, casino mogul Steve Wynn has repeatedly considered a return here, only to decide against it.
This may be another one of those instances.
New Jersey gambling regulators have approved Wynn to offer an Internet gambling site in the state where he once ruled the roost. But a Wynn spokesman said plans by Wynn Interactive to offer online gambling in New Jersey are on hold as it studies the fledgling market.
Super Bowl 48 a Success for Vegas, Bookmakers
The final tallies are out and Super Bowl 48 turned out to be a big win for Las Vegas sportsbooks and offshore bookies.
Gambling911.com had already discussed how the largest bets had money coming in on the Denver spread and UNDER 47.5, both of which went in favor of the bookies.
Poll Finds More New Jersey Residents Prefer Pot Over Online Gambling
ATLANTIC CITY, N.J. (Associated Press) - A new poll finds more New Jersey residents want to smoke pot than gamble over the Internet.
A Fairleigh Dickinson University PublicMind poll finds 41 percent of respondents would support smoking marijuana recreationally if it became legal.
That compares to only 32 percent who support gambling over the Internet, which is legal in New Jersey now.
The poll finds support for online gambling has fallen, even as it enters its third full month and more than 150,000 online gambling accounts have been set up in the state.
WagerHome Tools Make Customer Management Easier For ALL Pay Per Head Agents
Anyone who is running a sports betting service, or is aspiring to do so, and wants to enter the 21st-Century way of doing business is going to want his or her players to have access to a genuine sportsbook interface, just like the "pros" use. That is possible through the phenomenon of "Price Per Head," or "PPH," and nobody in this business does it quite like WagerHome.com.
Floyd Mayweather Denies Making $10 Million Broncos Bet
Following the Denver Broncos bruising loss to the Seattle Seahawks in Super Bowl 48, boxing champ Floyd Mayweather, Jr. has gone on record to state the obvious: He never bet $10 million across seven Vegas sportsbooks on Denver to win the Super Bowl.
Mastronardo Brothers Cop Plea in Sports Gambling Case
PHILADELPHIA (Associated Press) — Two brothers have pleaded guilty in a gambling case that involves $1 million buried in the yard of the daughter of a former law-and-order mayor of Philadelphia.
Floyd Mayweather Did Not Place $10 Million Super Bowl Bet Says Massage Therapist
Following reports that boxer and big time gambler Floyd Mayweather Jr. had bet approximately $10 million across a series of Las Vegas sportsbooks, now comes word that his personal massage therapist has set the record straight.
China Gambling Propels Wynn's 4Q Profit
LAS VEGAS (Associated Press) — Wynn Resorts Ltd. said Thursday that its fourth-quarter profit nearly doubled on gains in Macau, the only place in China where casino gambling is legal.
Net income for the October-December period came to $213.9 million, or $2.10 per share, from $111.4 million, or $1.10 per share, in the same months in 2012.
Excluding special items, Wynn made $2.27 per share. Analysts polled by FactSet expected $1.72 per share.
Online Gambling Site Shut Down: Programmer Pleads Guilty
A local Roanoke, Virginia restaurant owner and programmer were charged with running an online sports betting site that was being served out of Costa Rica.
