Business & Financial

Oldman Leaves Bodog: Hints at Setting Up B2B Software Provider in US

The following is commentary from Bodog President Jodas Oldman, who announces he is leaving that company.

Poker is an American game, and it is heartening to see a regulated online poker market emerging in some states.

Submitted by Press Release on, Jun/25/2013

Macau Casinos Exposed to China’s Credit Woes

China’s credit crunch resulted in a number of Macau casino stocks getting hammered on Monday.ntee, rendering most non-nut draws essentially useless.

Submitted by Aaron Goldstein on, Jun/24/2013

Atlantic Club Counters PokerStars Appeal in Ugly Failed Acquisition Case

ATLANTIC CITY, N.J. (Associated Press) — The PokerStars website entered into a contract to buy an Atlantic City casino with "their eyes wide open," and now has to live with the consequences of the failed deal, the casino said in court papers.

BetOnline

Submitted by Associated Press on, Jun/24/2013

UltimatePoker.com Begins Accepting Visa Credit Cards

In a sign that banks are beginning to embrace the online poker sector, it was revealed over the weekend that UltimatePoker.com has begun to accept Visa cards.

UltimatePoker.com to date is the first and only US-based online poker site licensed out of Nevada.

Submitted by Ace King on, Jun/24/2013

Bitcoin Exchange Mt.Gox: US Consumers Can Put Cash In But Not Take Cash Out

Virtual currency Bitcoin’s largest exchange, Mt.Gox, has suspended transfer withdrawals in US Dollars for the next two weeks citing unmanageable volume.

Mt.Gox controls nearly 70 percent of the Bitcoin exchange market.

Submitted by C Costigan on, Jun/22/2013

Paula Deen Controversy Hits Casinos: Buffet Boycott (Video)

The controversy surrounding celebrity chef Paula Deen and her admission of using a racial slur to describe African Americans several years ago has began to have wide reaching ramifications.

Reports of Deen wanting Black staff members to dress up as slaves for her brother Bubba’s “Old Fashion Southern Wedding” haven't helped matters either.

Submitted by Jordan Bach on, Jun/22/2013

Top Gambling News: Zynga Downgrade, Facebook Upgrade, Wynn in Mass

These are the top gambling news stories here at Gambling911.com Sunday June 23, 2013. Follow us on Twitter here.

*Zynga and Facebook Good News, Bad News From Wall Street - Two social media companies looking to enter the real money online poker sector received important analyst updates on Friday, one good, one not so good.

Submitted by Nagesh Rath on, Jun/22/2013

Top Gambling News: Bet365 Profits Leap by a Third, Eric Lindgren Wins at WSOP

These are the top gambling news stories here at Gambling911.com Friday June 21, 2013 (Afternoon Hours Eastern Standard Time). Follow us on Twitter here.

*Bet365 Sees Huge Profit Increase - Britain's biggest online bookmaker, Bet365, has seen profits leap by a third to £148m.  This is despite the losses realized from their controlling interest in Stoke City FC.

Submitted by C Costigan on, Jun/21/2013

Razer Goes All In With Online Poker

CARLSBAD, Calif.–Razer, one of the world’s pioneering supporters of e-Sports, and Marcel “The Flying Dutchman” Luske, one of the world’s most recognized and respected professional poker players, have formed an exploratory partnership to see how Razer can impact the world of online poker.

Submitted by Press Release on, Jun/21/2013

More Adelson: ‘Online Poker a Train Wreck, Toxic Cancer and Not a Game of Skill’

If you thought casino billionaire and big time GOP donor Sheldon Adelson was through with his rant regarding legalized online poker in the US, he actually decided to take things up a notch.

Speaking on Bloomberg Television Thursday, Adelson didn’t hold back.  He denied any hidden agendas, referring to his initial rant on Forbes.com.

Adelson insists it’s mostly all about the potential harm inflicted on society.

Submitted by Jagajeet Chiba on, Jun/20/2013

Mississippi Approves Ameristar Casinos Acquisition by Pinnacle Entertainment

Pinnacle Entertainment (NYSE:PNK) announced today that the Mississippi Gaming Commission unanimously approved the Company's proposed acquisition of Ameristar Casinos.

Submitted by Aaron Goldstein on, Jun/20/2013

Chris Christie Inflated Online Gambling Numbers Claims Brennan

New Jersey Governor Chris Christie released his forecast for taxes derived from online gambling over a one-year period, averaged after five years.

He anticipates the sector will take in $160 million.

Those numbers are actually down from $180 million.

But those figures might be inflated based on some other estimates.

Submitted by Aaron Goldstein on, Jun/20/2013

Casino Shares Get a Haircut: Boyd Gaming Down Nearly 9 Percent

Wall Street had its single worst day of the year today (June 20, 2013) with the Dow down 350 points at closing.

The gambling sector overall saw similar declines with Boyd Gaming down nearly 9 percent on the day closing at $10.84.

Las Vegas Sands fell 4.6 percent to close at $53.88.

Submitted by Aaron Goldstein on, Jun/20/2013

Ultimate Poker is Giving Away $1 Million in Cash and Prizes

LAS VEGAS, NV  - Ultimate Poker is giving away $1 million in cash and prizes during Million Dollar Summer, happening now at UltimatePoker.com.

Submitted by Press Release on, Jun/20/2013

2013 World Series of Poker to Set Record for Participation: 44 Year High

LAS VEGAS - The 44th annual World Series of Poker (WSOP) at the Rio All-Suite Hotel & Casino has officially reached the halfway point, eclipsing more than a dozen records along the way and positioning this year’s slate of tournaments to become all-time highs.  

Submitted by Press Release on, Jun/20/2013

We’re Not in Kansas Any More: Zynga Acquires Spooky Cool Labs

Zynga has purchased Spooky Cool Labs and the 40-person talent pool that comes with the acquisition.

Spooky Cool Labs consists of the following tech geniuses, a la TechCrunch.com:

Submitted by Aaron Goldstein on, Jun/19/2013

Adelson Says Online Gambling ‘Fool’s Gold’: Wants New Federal Prohibition

One of the few casino giants opposed to legalized online gambling called the prospect of legalization “fool’s gold”.

Billionaire Sheldon Adelson, in an opinion piece on the Forbes.com website,  says he “opposes the proliferation of online gambling”.

He writes:

Submitted by Ace King on, Jun/19/2013

Top Gambling News: Ultimate Poker Growth Stagnant, PokerStars Boosts Growth

These are the top gambling news stories here at Gambling911.com Wednesday June 19, 2013 (early morning hours Eastern Standard Time). Follow us on Twitter here.

Submitted by Patrick Flanigan on, Jun/18/2013

Top Gambling News: Hitman Tells All in Bulger Case, Treasury Denies Bitcoin ‘Assault’

These are the top gambling news stories here at Gambling911.com Tuesday June 18, 2013 (morning hours Eastern Standard Time). Follow us on Twitter here.

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Submitted by C Costigan on, Jun/17/2013

Amaya to `Acquire Diamond Game Enterprises for $25m

Amaya Gaming Group announces that it has entered into a definitive purchase agreement to acquire 100 percent of the issued and outstanding securities of private, arms-length company Diamond Game Enterprises, a designer and manufacturer of gaming-related products for the global gaming and lottery industries.

Submitted by Press Release on, Jun/17/2013

Bodog President Defends Player Anonymity in Wake of Recent DOS Attacks

A recent spate of Denial Of Service (DOS) attacks has Bodog Poker Network President Jonas Odman defending his company’s decision to move towards an “anonymous” online poker model.

Bodog took some heat last year after unveiling the anonymous tables.

Submitted by Ace King on, Jun/14/2013

PokerStars Deals 100 Billionth Hand

The 100 Billionth Hand has hit! microulis69 from Greece was sat on table Euryalos XI playing some microstakes $0.02/$0.05 action, just another kid with a dream (and probably several tables open). That dream came a little closer to reality when their table froze for The Million Dollar Hand, and closer still when microulis69's J♦5♦ flopped middle pair on a A♣2♣J♣ flop. Mayers666 had a winning flush draw, MoodyMiss had two-pair outs and the other players had over cards.

Submitted by Press Release on, Jun/14/2013

PokerStars Appeals Ruling That Allows Atlantic Club Casino to Scrap Merger Deal

PokerStars parent company, the Rational Group, has appealed a ruling that allowed the financially strapped Atlantic Club Casino and Hotel to back out of a proposed acquisition.

Submitted by Aaron Goldstein on, Jun/13/2013

Blackjack Casino Active User Account on Facebook Increases 5 Times in One Month

From April to May of this year, Facebook game Blackjack Casino grew its active user base fivefold.   It now ranks as the number one pure play game on Facebook. 

And soon you will be able to play on the go.

The iPad version is due for release in July, with iPhone and Android versions later this Summer.

Submitted by Aaron Goldstein on, Jun/13/2013

Gambling911.com Exclusive Photos of Kanye West’s Beezid Girl Leyla Ghobadi

GAMBLING911.com has learned exclusively that Leyla Ghobadi, who has been extensively reported to have had an affair with rapper Kanye West is a longtime beezid girl.

She has appeared on the Howard Stern show – and works out of the Montreal offices of Beezid.com

Submitted by Payton on, Jun/12/2013

PokerStars Chairman to Pay US Government $50 Mil to Settle Forfeiture Demands

(Reuters) - The chairman of PokerStars has agreed to pay $50 million to resolve forfeiture demands by the U.S. government connected to a money laundering lawsuit the online gambling company settled last year, court documents said.

Submitted by Reuters on, Jun/12/2013

Poker In Venice Not Paying Players: Which Connected Sites to Avoid

Struggling online poker network Poker In Venice does not appear to have the ability to pay its customers, according to reports on both TwoPlusTwo.com and PokerFuse.com.

The site is believed to owe in excess of €200,000.

Submitted by Ace King on, Jun/12/2013

Large Number of Checks From Lock Poker Delayed Batch Now Arriving

Numerous Lock Poker customers Monday began reporting receipt of checks delayed from the first quarter of this year.

Lock Poker Management told Gambling911.com they were having an issue with a particular check processor from that period.

Submitted by C Costigan on, Jun/10/2013

Playboy Poker is Back With PlayboyPoker.com

PlayboyPoker.com has returned!

Submitted by Aaron Goldstein on, Jun/09/2013

Spintec Roulettes –A Foot Print in Macau Market

The Regional Sales Manager of Spintec, Ms. Petra Remec, together with the Managing Director of Asia Pioneer Entertainment (APE), Mr. Herman Ng were happy to announce that Spintec for the first time will participate in the Global Gaming Expo (G2E) Asia in Macau. Ms. Petra has made a presentation concerning the new product at the Show Networking Lounge on May 21.

Submitted by Press Release on, Jun/06/2013

Breaking News

Donald Trump Mafia Ties: Politico Author Claims Numerous Relations

One of presumptive Republican nominee for US President Donald Trump’s least favorite media outlets, Politico, filed a report over the weekend attempting to establish the real estate mogul’s possible ties to the Mafia.

Atlantic City Saved: Won’t Run Out of Money

New Jersey lawmakers have agreed on an Atlantic City rescue package to keep the struggling gambling resort city from running out of money.

‘Vegan Bernie Madoff” Stole, Gambled Away Millions From Restaurant Biz

Sarma Melngailis, a 1994 Penn State grad, and hubby Anthony Strangis are accused of stealing more than $2 million from the vegan restaurant Melngailis founded in New York City, Pure Food and Wine, along with a sister dining establishment, One Lucky Duck.