Purple Lounge Casino, Poker Customers Likely Screwed
Troubled Purple Lounge Casino and Poker is now in liquidation with customers not likely to see any of their funds returned.
Parent company, Media Corp PLC announced the liquidation on Thursday with all staff being laid off. Media Corp Chairman Phil Jackson claims Purple Lounge had “historical operational and financial failings”.
PartyPoker Investing US$50m Over the Next Two Years in Social Media Site
PartyPoker parent company bwin.party has announced plans to invest US$50m over the past two years in a standalone social media website.
The social gaming unit, called Win, will be headed up by former Mytopia and Amuso CEO Barak Rabinowitz, it was revealed on Wednesday.
Assets from social gaming companies Velasco Services and Orneon Limited have already been acquired by Party to “accelerate our market entry”.
Georgia Senate Majority Leader Chip Rogers was Just Acting as a Sports Handicapper (Video)
Gambling911.com’s own Thomas Somach was interviewed for some background information related to Georgia Senate Majority Leader Chip Rogers, who was once known as Will “The Winner” Rogers, a sports handicapper.
Gambling Not a Dirty Word According to US Government: Pork, Cloud, Mexico Are
The US Department of Homeland Security was required to release its list of key words and phrases monitored on social media websites and, surprisingly, “gambling” was not among them.
Hot Gambling News: What’s Next On Tap (May 29, 2012 – Noon EST Edition)
Hot Gambling News – What’s Next On Tap for May 29, 2012 shortly after Noon, Gambling911.com explores upcoming events of interest to gamblers the world over. You can get all the latest Hot Gambling News by following us here on Twitter. We’ll also let you know what’s trending.
3D Online Gambling: The Next Big Thing
PKR Poker gets credit for launching what is truly one of the best – not to mention ONLY – 3D online poker sites way ahead of its time. 2012 looks like it will be the year of the 3D online gambling site.
A few have followed in PKR’s footsteps: Among them, Ladbrokes Poker and 888 Poker.
Bingo3X sent out a press release Tuesday describing the virtues of their newly developed 3D online gambling platform:
Thank the Genovese Crime Family for Bringing Legalized Sports Betting, Online Poker to NJ
Should sports betting and/or online poker become legalized in the Garden State over the next 3 to 6 months, gamblers might want to give a big “Thank You” to the Genovese crime family, with its operations based out of Northern New Jersey.
PokerStars Ranked Among UK Top Employers
PokerStars has been selected as one of the UK’s Best Workplaces by The Great Place to Work® Institute, the world’s largest consultancy specialising in workplace assessment and enhancement. In order to establish the best workplaces, the Institute annually surveys employees and performs a cultural audit of some 5,500 organizations around the world representing 10 million employees. Companies are grouped and ranked in their respective countries on workplace values of credibility, respect, fairness, pride and camaraderie.
New Jersey Governor Chris Christie: Legalized Sports Betting in the State by September
Christie’s stance on legalizing sports betting leads many to believe he will finally support online poker in the state as well
In a speech Thursday, New Jersey Governor Chris Christie didn’t pull any punches, announcing he would like sports betting legalized in time for the start of the NFL season this September.
Pinnacle Sports Obtains Alderney Gaming License (Video)
One of the largest and sharpest online sports betting firms, Pinnacle Sports, confirmed it has obtained a license from the Alderney Gambling Control Commission (AGCC). Scroll Down to Watch Video...
Payback: Spain Wants Back Taxes From Online Poker Operators
In order to obtain an Internet gambling and poker license in the country of Spain, operators must pay back taxes on the business taken in from Spanish citizens over past years. The Spanish Government began regulating the sector this year.
Some have taken the bait.
888 Holdings expects to pay a back-tax bill for its Spanish operations of less than $10 million.
Lesniak Cites Mob Bust as Reason Why New Jersey Must Legalize Online Gambling
Following a New Jersey Mob bust tied to offshore Internet gambling on Wednesday, State Sen. Raymond J. Lesniak called on Governor Chris Christie to embrace his bill to legalize Web gambling in the state, including sports betting.
Illinois Passes Gambling Expansion Bill: Major Ethical Shortcomings, Claims Governor
SPRINGFIELD, Ill. -- (Associated Press) - - Gov. Pat Quinn is blasting the Illinois House for passing a gambling expansion bill he says has "major ethical shortcomings."
Quinn said Wednesday the bill passed by a 69-47 vote does not provide the Illinois Gaming Board with "sufficient time to make critical licensing and regulatory decisions." He says the bill also fails to ensure clear oversight of the proposed Chicago casino.
Quinn said that as long as he is governor, he will not support a gambling bill that "falls well short of protecting the people of Illinois."
Live Online Sports Betting and Poker Could Become Legal in Australia
A report in the Herald Sun on Wednesday claims that the Australia Federal Government is considering legalising live online sports betting and poker, activities that are currently banned down under. Australia does permit phone betting and walk-in wagering. The country is known for its popular bookmaking operations.
13 Busted in New Jersey for Running Internet Gambling Website: $2.2 Billion in Bets
Thirteen alleged members of the Genovese crime family have been charged with federal racketeering in a case connected to Internet gambling. The individuals were rounded up on Wednesday (May 23, 2012), including an 80-year-old man.
Online Gambling Sector Marks One Year Anniversary of 'Blue Monday'
Today, May 23, 2012, is the one-year anniversary of “Blue Monday”, the day in which the US Attorney’s Office in Baltimore seized nearly a dozen online gambling domain names following a two-year sting operation.
The US Attorney’s Office set up a phony payment processor as part of its investigation and attempted to lure i-Gaming execs operating in other foreign jurisdictions to Guam, a US territory, where arrests could be made. That never happened.
One company, BetED.com, ultimately shut down. Hundreds of thousands of dollars were also seized from BetED.
Las Vegas Probe Following Reports of Underage Gambling by Whitney Houston Daughter
Nevada authorities were looking into reports that the daughter of the late recording artist, Whitney Houston, gambled while at a Las Vegas casino. Bobbi Kristina Brown is 19-years-old and underage, according to Nevada state law.
TMZ.com posted the video that appears to show Brown sitting at a slot machine at the MGM Grand Hotel. (See Video Here)
Malta has Yet Another Black Eye Following Purple Lounge Shutdown
The online gambling jurisdiction of Malta has said there is little it can do about the abrupt closure of Purple Lounge Casino and Online Poker Room.
Bellagio Botched Robbery: Bandit Loses Wig, Casino Chips
LAS VEGAS — (Associated Press) - A hapless bandit lost his wig, sunglasses and $115,000 worth of casino chips when security wrestled him to the floor during a botched weekend heist at a posh Vegas Strip resort, authorities said Monday.
Two men attempted to rob the Bellagio on Saturday night by spraying a blackjack dealer and others with a caustic eye-burning chemical, police said.
With the distraction in the air, Michael Q. Belton snatched up nearly two dozen high-value chips and took off for the door, according to a police report.
Gambling911.com Exclusive Handicapper Fred Wallin Making National Broadcast Debut
Sports is big business, weather the multi-million dollar contracts signed by the players or the marketing side of things, at long last a daily radio show focused on the billion dollar sports industry is set to make its national debut on May 21. It will be carried by CRN-1 and syndicated nationally by Audio Tracks Broadcasting Services.
New Facebook Casino RocketFrog Offers Real Cash Winnings: MySpace Founder Behind App
Tuesday marked the beginning of the first ever real winnings Facebook online casino, RocketFrog, and the names behind this venture are fairly well known.
Atlantic City Casino Stabbing Leaves Tourist Officials Stunned
The stabbing deaths of two female Canadian tourists outside the Bally’s Atlantic City casino hotel has left tourist officials stunned and dismayed Monday.
Both women, ages 80 and 47, were killed during a Monday morning robbery. Neither victim has been identified.
Pennsylvania Leads U.S. in Gaming With Tax Windfall
(Bloomberg News) - - Ralph Attarian, a 47-year-old caddy, puffed cigarettes as he played a penny slot machine in Philadelphia’s SugarHouse Casino, adding to the pot of money that has helped Pennsylvania reap more tax revenue from gambling than any state for three years running.
“I just come here to kill some time,” he said one weekday morning as he tried his luck 2,500 miles (4,000 kilometers) from the Las Vegas Strip. Players such as Attarian are proving a windfall for Pennsylvania, which is using the revenue to diversify its tax base and ease property levies.
AFL Star Tony Smith Back on Mermaid Beach: Once Sold Mega House to ‘Rat’ Daniel Tzvetkoff
AFL star Tony Smith is making a comeback on Mermaid Beach on Australia’s Gold Coast. He just purchased a 1,220-square-metre holding on Surf Street, which runs off Albatross Avenue.
Illinois Online Gambling Bill Introduced: New Jersey Voters Favor iGaming (Video)
Natalie Rydström of SBR Forum breaks down some recent developments in online gambling that include a new bill in Illinois and a poll showing New Jersey residents favor legalization. The video appears below.
Lesniak Says Christie Back on Board Regarding Internet Gambling: June 30 Target Date
State Sen. Ray Lesniak, D-Union, said that he believes that Governor Christie is “back on board” regarding online gaming, and predicted that the Legislature would pass a bill by the end of the session on June 30. This was according to John Brennan of NorthJersey.com.
U.S. Internet Gambling Legislative Activity Reaches Historic High
According to U.S. Internet Gambling Regulatory Tracker, a new legislative monitoring service from GamblingCompliance Ltd., nine states have taken up legislation authorizing or prohibiting some combination of Internet poker and casino gaming in 2012, up from seven states in 2011.
Bwin.Party Sales Inch Upwards
LONDON - (Reuters) - Bwin.party digital, the world's largest listed online gaming company, said first-quarter revenue edged up and that it expects to be offered a licence to offer online gambling in Germany soon.
The company, which was formed by the merger of Austria's Bwin and PartyGaming last year, on Wednesday said revenue rose 1 percent to 215.9 million euros ($275.8 million) in the three months to the end of March as growth in casino and gaming offset weakness at its poker and bingo businesses. It added that April trade was in line with last year.
Web Cam Online Poker Room in Isle of Man as Safe as a Vegas Casino
This week, Gambling911.com announced the beginning of an exciting new partnership with Camasino.com, a web cam online poker room based in the Isle of Man.
Online Gambling in India Surges: Nation Missing Out on $5 Billion Annually
The Times of India this week reported that India could be missing out on as much as $1.5 billion in lost tax revenue by not regulating online gambling.
The paper cites an expanding middle class and increased Web access across the country.
