Aria Ordered to Pay $100k for Barring Agents
LAS VEGAS – (Associated Press) - A Las Vegas Strip casino has agreed to pay $100,000 to settle allegations that a supervisor shooed away state agents who were watching a high-stakes roulette table, even though state law requires all gambling to be open to the public.
The Nevada Gaming Control Board released the proposed settlement with Aria Las Vegas this week. The agreement must be approved by the Nevada Gaming Commission.
Primary School Teacher Blows Away £60,000 on Internet Gambling
Women find online gambling more attractive than drugs and sex according to a report filed by the Daily Mail.
Jenny Murray is a primary school teacher profiled in the Daily Mail report. She blew away a whopping £60,000 accessing online gambling websites and, to this day, is £18,000 in debt.
From the Daily Mail:
Atlantic City's Competition Forces Makeover
In the old days, Atlantic City had legal gaming to itself on the Atlantic Seaboard and in typical fashion people thought that would always be the case. But casinos owned by Native Americans opened.
Pennsylvania approved gaming and gave Philly-area gamblers a choice of staying on their side of the river or paying a toll to ride across New Jersey to a town many people don't think is safe. They have gaming to the south too.
Gambling911.com World Exclusive: Man to Sue Jay Cohen for Money Owed by WSEX
A man who is owed nearly $70,000 by now-defunct online sportsbook World Sports Exchange tells Gambling911.com in a world exclusive interview that he intends to sue World Sports Exchange former co-owner Jay Cohen for the owed funds.
Famed Showboat Casino in Atlantic City to Shut Down
ATLANTIC CITY (Associated Press) — Casino contraction hit Atlantic City again Friday, as the parent company of the Showboat Casino Hotel announced it will close the Mardi Gras-themed casino on Aug. 31.
Caesars Entertainment told The Associated Press on Friday morning the company will shutter the poorest-performing of its four Atlantic City casinos.
CEO Gary Loveman said in a statement that the “difficult decision” is necessary to protect the rest of its business in Atlantic City, where it currently owns four of the 11 casinos.
Nevada Gaming Revenues Up 8 Percent in May
LAS VEGAS (Associated Press) - State officials say Nevada gambling revenue was up 8 percent in May compared with the same month last year.
The Nevada Gaming Control Board reported Friday that the state's casinos brought in $970 million last month. Las Vegas Strip gambling revenue was up 17 percent to $593 million, while downtown revenue was down 8 percent to $39 million.
Reno casino revenue was up 4 percent in May to $52 million, and South Lake Tahoe gambling revenue was up 18 percent to $17 million.
888.com Reviewing Luis Suarez Sponsorship Deal Following Bite Incident
Online gambling firm 888.com is said to be reviewing its sponsorship deal with disgraced footballer Luis Suarez. The payer is accused of biting Italy’s Giorgio Chiellini during a Group stage elimination game that saw Uruguay advance.
On Thursday FIFA ruled that Suarez will undergo a nine-game ban from international play, which includes any remaining games at this year’s World Cup.
Senate Majority Leader Harry Reid on Sheldon Adelson: ‘Don’t Pick on Him’
Speaking to MSNBC’s Chuck Todd, Senate Majority Leader Harry Reid came to the defense of casino billionaire and GOP mega donor Sheldon Adelson, this after blasting two other Republican mega donors, Charles and David Koch.
"Sheldon Adelson, don't pick on him," he told NBC's Chuck Todd. "He's not in this for money. He's in this because he has certain ideological views."
That comment has raised eyebrows amongst those in the online gambling sector. While Reid has supported legalizing Web gambling at the federal level, Adelson is staunchly opposed.
Bwin.Party on Verge of Breaking Up?
The party might be over for Bwin.Party. Rumors surfaced this week that the world’s largest publicly traded online gambling firm is on the verge of breaking up.
The company on Thursday denied it was breaking up or looking for a selling but said it was examining ways to increase shareholder value.
Rochester Area Restaurant Owners Charged With Running Offshore Sportsbook
Three Rochester, New York area men have been indicted on 23 counts for their role in running an offshore sportsbook.
New Jersey Starts Review of PokerStars Buyer Amaya Gaming
ATLANTIC CITY, N.J. (Associated Press) - New Jersey casino regulators have begun their review of a Canadian company that's buying the PokerStars online gambling website and hoping to get it licensed in Atlantic City by this fall.
The New Jersey Division of Gaming Enforcement says Amaya Gaming Group has begun submitting documents required for a determination on whether PokerStars can be licensed in New Jersey.
Harrah’s Fined for Underage Drinking in AC
(Associated Press) - Two Atlantic City casinos have been fined a total of $66,000, with the bulk of the fines levied against Harrah's Resort Atlantic City for letting underage patrons gamble and drink.
Harrah's was fined $60,000 by the New Jersey Division of Gaming Enforcement for five incidents involving patrons ranging in age from 18 to 20. The minimum age for gambling and drinking in New Jersey is 21.
In one instance, Harrah's let a 20-year-old from New York play blackjack even after a security guard checked his ID.
Verdict Upheld Against ‘Girls Gone Wild’ Founder in Wynn Slander Suit
LOS ANGELES (Associated Press) — An appellate court on Monday upheld a $19 million judgment against "Girls Gone Wild" founder Joe Francis in a slander case filed over his claims that casino mogul Steve Wynn had threatened to kill him.
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The California 2nd District Court of Appeal in Los Angeles found no basis to overturn the judgment or order a new trial, and the justices also left in place an injunction barring Francis from repeating the claims.
Macau Authorities Bust US$645 Million World Cup Betting Ring
Authorities in Macau have arrested 22 individuals in connection with a worldwide US$645 million FIFA World Cup betting syndicate. This is believed to be the biggest raid ever on a sports betting ring in the Chinese gambling enclave.
According to CNN, the illegal enterprise utilized three hotel rooms to take both Internet and phone wagers with one gambler placing a US$5 million bet.
Supreme Court Will Allow Ban on Sports Betting to Remain in New Jersey
WASHINGTON (Associated Press) — The Supreme Court on Monday left in place a ban on sports gambling in New Jersey, rebuffing an attempt to bring betting on professional and college sporting events to Atlantic City casinos and the state's racetracks.
The justices did not comment in letting stand lower court rulings that struck down New Jersey's sports betting law because it conflicts with a federal law that that allows state-sanctioned sports gambling only in Nevada and three other states.
Pope Francis Denounces, Ex-Communicates Italian Mafia: Could Become Target
In the strongest language ever to come from the Vatican against Italy’s powerful and often brutal Mafia, Pope Francis denounced the criminal enterprise and ex-communicated all Mafia members this weekend.
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Wager Home has emerged into the best price per head service company in the industry. They have serviced thousands of agents big and small and continue to upgrade their service every year.
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Resorts International Inks Deal With Sportech: Could Join Forces With PokerStars
ATLANTIC CITY — (Associated Press) - An Atlantic City casino that was thwarted in its efforts to join the Internet gambling market is preparing to get in the game.
Resorts Casino Hotel announced partnerships late Friday with European firms Sportech and NYX Gaming to offer Internet gambling.
They will join PokerStars and Full Tilt Poker to form an online betting option that could rival New Jersey’s market leaders, Borgata and Caesars Interactive.
NJ's Bankrupt Revel Casino Gets Cash Lifeline to Hunt for Buyer
CAMDEN, N.J., (Reuters) - Atlantic City's bankrupt Revel Casino Hotel has received court approval to borrow $23.9 million that it said would keep the 1,400-room resort operating for the coming month as it scrambles to find a buyer.
Revel filed for Chapter 11 bankruptcy Thursday afternoon and rushed to court early on Friday for a slew of court orders it said were vital to pay its 3,140 employees, soothe nervous vendors and honor programs that provide gamblers with key perks.
Senior Citizens Busted in New Jersey Gambling Ring: Made $3 Mil in a Year
29 individuals were arrested for their role in running an illegal gambling business out of Northern New Jersey. Nearly all the men charged are over the age of 50.
One of the individuals, Daniel Pronti, 70, was suspended without pay from his job as a Jersey City Department of Public Works employee on Thursday.
Esquire: How Sex, Drugs and Gambling Can Help Boost a Nation’s Economy
Esquire Magazine’s digital edition featured an article Wednesday on how sex, drugs and gambling can actually help a nation’s economy.
They offer up a few strong examples.
When we think of sex and drugs and tourism, Amsterdam is typically the first thing that flashes in our minds.
Pennsylvania Introduces Online Gambling Bill in Senate: PokerStars Exclusion
Pennsylvania lawmakers on Wednesday introduced Bill 1386 in the Senate. The bill, drafted by State Sen. Edwin Erickson, would legalize online gambling in the Keystone State.
A newer version of the legislation co-sponsored by Republican Bob Mensch allows for an expanded number of casino games whereas Erickson’s bill focused almost exclusively on poker. Mensch also wants to charge a $5 million licensing fee along with a 14% tax on gross gaming revenues.
Adelson Under Fire: Underage Gamblers, $1 Mil Contribution to PA Politicians
Gambling911.com’s own Thomas Somach is on the case and tells us that in Pennsylvania, casino magnate and GOP mega donor Sheldon Adelson is under fire for questionable political donations as well as another fine being levied against his property for allowing underage gamblers....total fines $305,000!!!!
Gambling Addiction: It’s All About Bad Genetics
A study conducted by the National University of Singapore has found that genetics play a role in determining whether a person is willing to take strategic risk. And while individuals with these genes are likely to exhibit a higher degree of belief learning and, as such, anticipate the actions of others, such genes can also result in increased reinforcement learning.
And these genes can also regulate the way dopamine – a chemical released in the brain that signals pleasure and motivates people to seek rewards.
Enter gambling addiction.
Mobster Matthew ‘Matty’ Guglielmetti Released From Prison After 10 Years
A New England mob associate, Matthew ‘Matty’ Guglielmetti, was released from prison last week after serving 10 years. He will now be under house confinement according to reports.
The 65-year-old Guglielmetti is a high ranking figure in the powerful Patriarca crime family of La Costa Nostra. He plead guilty to drug trafficking over a decade ago but was also said to be active in the family’s gambling and loan sharking business.
A Pete Rose Induction Into Baseball Hall of Fame Looking Brighter
Former Major League Baseball great Pete Rose expressed optimism that he could some day be inducted into the Hall of Fame following a lifetime ban for gambling on Baseball games.
"I've waited 25 years, but I've done so because I was the one who screwed up," Rose told ESPN.com. "And if I were given a second chance, I would be the happiest guy in the world."
Poll Finds New Jersey Would Stick With Atlantic City Casinos
(Associated Press) - A new poll finds most New Jersey gamblers would continue to play in Atlantic City even after four new casinos are built in New York.
But the Fairleigh Dickinson University PublicMind poll also has some bad news for the seaside gambling resort: at least 12 percent of customers who now gamble in Atlantic City would take their business to New York.
The poll released Monday finds 57 percent of New Jersey residents prefer to gamble in Atlantic City.
New York is in the process of adding four new casinos to the 14 it already has.
Bitcoin Community Fears 51 Percent GHash Control: Others Say It’s Armageddon
On Friday for a period of nearly 12 hours, mining pool GHash had surpassed the 51% controlling share mark in the anonymous digital currency bitcoin and that has many watchers worried….perhaps with good reason.
Back in January GHash had 42% control and even then there were concerns mounting.
Golden Nugget Does Not Have to Pay $1.5 Million Won in Mini-Baccarat Game
ATLANTIC CITY, N.J. (Associated Press) - A casino does not have to pay $1.5 million won by a group of gamblers who realized the cards had not been shuffled, and can move to recover more than $500,000 it already paid them, a judge ruled Friday.
The Superior Court judge ruled that because the cards had been unshuffled, that made the game of mini-baccarat in April 2012 illegal under state casino rules.
New Jersey Sees Sharp Decline in Online Gambling During Month of May
(Associated Press) - Internet gambling has hit a wall in New Jersey just six months after launching.
Figures released today by the state Division of Gaming Enforcement show the casinos' online operations took in $10.4 million in May, a decline of $1 million from April. Internet gambling revenues have now declined for two straight months in New Jersey.
But there was some good news in the numbers: Including Internet gambling revenue, and excluding the Atlantic Club, which closed in January, the casinos' total revenue was up nearly 1.3 percent.
