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Gambling News - Get all the latest stories from online to Las Vegas to Macau and beyond: Poker, casinos, sports betting

Guy W. Farmer: Internet Gambling: A Bad Bet for Nevada

I was surprised to learn that Congress is considering a bill that would legalize gambling on Internet poker. I think it's a terrible idea, and I'll tell you why.

Bookmaker Traffic Down Online

Bookmaker
Traffic trended down at seven of the Top 10 Global bookmaker sites last week according to BetRanking.com.
Oct 2 2010 - 8:28am

Montreal Mafia Sports Betting Ring Guilty Pleas

Montreal Mafia Sports Betting
10 men have plead guilty in a Montreal mafia sports betting case Friday.  They will face sentencing in January.

PokerStars Pulls Out of Washington State, Sportingbet Won’t Do France

Washington State
Two online gambling firms in the news a lot last week, PokerStars and Sportingbet, announced they are pulling out of or otherewise not returning to certain markets. 

Paddy Power Must Remove Hollywood-Like Sign From Ryder Cup

Paddy Power Ryder Cup
One can never accuse Ireland power house bookmaker Paddy Power of not knowing how to market.  Seems they erected a Hollywood-like sign at this year’s Ryder Cup that has now been ordered down by the Courts.  The sign has seemingly paid off thanks to the publicity generated.

Sports Betting Profit Before Placing The Bet

Sports betting can certainly prove profitable through careful review of stats and regularly avoiding “public” traps.  While some public plays will come through, most will not, hence, the reason why the house always wins, at least in theory. 

Poker Players Fear New International Electronic Funds Transfer Policy Proposal

money laundering
A new proposal by the Obama administration to have all international electronic funds transfers recorded has poker players on edge.  The online poker playing community fears that such a policy would make it even more difficult to transfer funds to and from their favorite card rooms.

Las Vegas Sportsbooks Best College Football Week Ever

College Football
The Las Vegas sportsbooks are celebrating this week following what they are calling their “best College Football weekend ever” in terms of overall betting and results.

Backed by Reid, Lesniak Hits Back at Harrah's

State Sen. Ray Lesniak (D-Elizabeth) sent out an email blast today declaring victory in his standoff with Harrah's.

Online Gambling Processor Daniel Tzvetkoff Likely To Get Reduced Sentence

Daniel Tzvetkoff
Citing a recent case against Canadian online gambling payment processor Douglas Rennick, The Australian newspaper suggested that Aussie Daniel Tzvetkoff could be looking at a similar sentence in the U.S. since both men are essentially charged with the same crime, money laundering and fraud.

Delaware Casinos Now Have NFL Capping Contests

Casinos in the State of Delaware are offering a new type of football wager this NFL season--handicapping con

Free Apple App for Gambling911.com Readers

winning sports advice app
Joe Gavazzi  For all you Apple device users...

Betfair Clients Targeted in Inland Revenue Investigation

The taxman is understood to be investigating the use of the exchange by licensed bookmakers and in particular whether they are using it for personal bets or as part of their business – by "laying off" bets to balance their books.

Australian Casino, Gambling And Political News, September 26, 2010

Jenny Woo Speaks Sportingbet Settlement With Legal Counsel Stuart Slotnick

Sportingbet
Gambling911.com was the first to bring you the news of Sportingbet’s settlement with the US Government for $33 million.  Senior International Correspondent Jenny Woo, who is in Manhattan for a speaking engagement, recently had the chance to sit down with  Sportingbet’s attorney who made it all happen. Stuart Slotnick

Winning Sports Advice App – The Wave of the Future

WSA sports pick app
Mobile is clearly the wave of the future.  At this writing, in the fall of 2010, there are 120 million Apple mobile devices.

William Hill, Ladbrokes, Paddy Power Upward Trends This Week

Ladbrokes
BetRankings.com has released its Top 25 Global Sports Book rankings for the week of Sep. 24, 2010, which looks at traffic among the top 20 European online sports betting websites.

Bookies Abroad and the Appeal of Gambling Worldwide

The other day Gambling911.com offered information on how to become a legal bookie courtesy of PayPerHead.com.  Tony D. of that company discusses the appeal of gambling worldwide and why “banning the bookie” doesn’t make a whole lot of sense. 

iMEGA’s Efforts To Expand Sports Betting in New Jersey and NFL’s Twisted Logic

Sports Betting New Jersey
The Financial Times today covered iMEGA and New Jersey's efforts to permit the expansion of regulated sports betting in the US. It also contains an example of the NFL's weak, logically unsustainable argument in opposition of that effort.

Kentucky Grants Court Transfer, Denies Writ in Online Gambling Case

Kentucky Online Gambling
The Interactive Media Entertainment & Gaming Association (iMEGA.org) is being directed back to a trial court in a matter concerning the Commonwealth of Kentucky’s attempt to seize some 141 online gambling domain names. 

Missing Michigan Banker Had Gambling Problems

A banker from Mount Clemens, Michigan, who went missing last Saturday, reportedly had a serious gambling addiction ten years ago while living in Las Vegas.  He moved to Michigan in order to start a new life

Online Gambling Figure Ted Loh Passes Away

Ted Loh
Another popular figure in the world of online gambling has passed away.  Ted Loh, known in the sports betting side of the industry as Spearmaster from his days moderating the posting forum site TheRx.com

Become a Legal Bookie

  Want to become a legal bookie?  It’s more easy than ever by utilizing the offshore call centers of PayPerHead.com.

Lucchese Crime Family Gambling Case “Incredibly Massive Volume of Evidence”

Lucchese Crime Family
Deputy Attorney General Mark Eliades claimed on Wednesday that there is “incredibly massive volume of evidence” regarding a case against 34 people allegedly tied to the Lucchese crime family.

Australian Casino And Gambling News - 22nd September 2010

A huge week for Australian casino and gambling news. We're got the Betfair float, Crown Casino king James Packer training on the Bondi Beach to Bronte walk, casino tourism tie ins, casino lovers VS casino haters, casino gossip, lifestyle updates and more.
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