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Phil Mickelson, Billy Walters ‘Insider Trading’ Probe Continues

Phil Mickelson, Billy Walters ‘Insider Trading’ Probe Continues

An FBI and SEC investigation is ongoing as to whether golfer Phil Mickelson received insider trading tips from Nevada-based professional sports bettor Billy Walters.

PokerStars Parent Company Amaya Acquires Daily Fantasy Sports Site Victiv

PokerStars Parent Company Amaya Acquires Daily Fantasy Sports Site Victiv

Amaya Gaming announced Friday morning it has acquired Austin, Texas-based Daily Fantasy Sports site Victiv.com, a company that itself was founded by former poker players.

Gambler Hits Two Huge Parlays at BetOnline: Wins Nearly $200K

Talk about a massive win betting on a series of games. One player at BetOnline.ag just won two huge parlays, each with a risk of $1000 and $4810, respectively.

Bitcoin Hot With Chinese Gamblers, Bookies, Pay Per Heads

Bitcoin Hot With Chinese Gamblers, Bookies, Pay Per Heads

Ever since adding the anonymous digital currency Bitcoin, Pay Per Head service PayPerHeadAgents.com says its business has increased.  Nowhere is this more obvious than with the Chinese gambler.

Pay Per Head is All About Lines

Pay Per Head is All About Lines

There are many moving parts in a successful pay per head business such as software, hardware, infrastructure, backup systems, wagering clerks, payment options… but the MVP at the end of the day is lines.

Casino Revenues Finally Up in Atlantic City

Casino Revenues Finally Up in Atlantic City

Data released Wednesday by New Jersey regulators shows the casinos won $257.5 million from gamblers last month, compared to $238.3 million in July 2014.

China’s Devaluing of Its Currency Leads to Dropping Share Prices at Wynn

China’s Devaluing of Its Currency Leads to Dropping Share Prices at Wynn

Wynn Resorts, which generates more than half its revenue from the Chinese gambling hub of Macau, slipped $2.39 on news Tuesday that the Chinese government would be devaluing its currency.

DeCavalcante Crime Family Boss John Riggi Dies: Was Not Inspiration for ‘Sopranos’

DeCavalcante Crime Family Boss John Riggi Dies: Was Not Inspiration for ‘Soprano

The one time crime boss of a family once believed to have inspired the hit series “The Sopranos” has passed away at the age of 90.

Ladbrokes Shares Fall 0.7 Percent on News of Huge Profit Plunge

Ladbrokes Shares Fall 0.7 Percent on News of Huge Profit Plunge

Bookmaker Ladbrokes fell 0.7 percent on news of a 44-percent drop in adjusted first-half profit to 24.7 million pounds, reflecting less betting on football and a string of customer-friendly results.

Michigan Mafia to Blame for State Rep’s Sex With Gay Prostitute Scandal

Michigan Mafia to Blame for State Rep’s Sex With Gay Prostitute Scandal

Michigan State Representative Todd Courser (R-Lapeer) is blaming the East Lansing Mafia for trying to blackmail him because of his political beliefs. 

Double Taxation Leads to Ladbrokes First Half Year Slump: Results Released

Double Taxation Leads to Ladbrokes First Year Slump as Investors Cringe

Investors are cringing ahead of UK bookmaker Ladbrokes release of first year financials Tuesday.  The betting giant has already warned that its revenues were flat at £588.8 million.

Son-In-Law of Late Mobster John Gotti Indicted on Charges of Racketeering

Son-In-Law of Late Mobster John Gotti Indicted on Charges of Racketeering

The son-in-law of late Mob kingpin John Gotti was formerly indicted over the weekend for his alleged role in a $4.2 million scrap metal processing fraud.

Paddy Power New Tagline: ‘You’re F***ing Welcome’

Paddy Power New Tagline: ‘You’re Fucking Welcome’

Paddy Power unveils expletives-laden new ad featuring tagline "You're F***ing Welcome"

Ladbrokes to Release Interims Tuesday: Pre-Tax Loss Anticipated

Ladbrokes to Release Interims Tuesday: Pre-Tax Loss Anticipated

Ladbrokes will release interims Tuesday, with an update certain on its planned merger with Coral, and probably further details of its troubled Irish arm, which is due to exit examinership.

Can Dribble Creators Get It Right This Time With Daily Fantasy Premiere League App

Can Dribble Creators Get It Right This Time With Daily Fantasy Premiere League A

Dribble is the latest entry into the highly competitive Daily Fantasy Sports sector.  It is the fourth app developed by the duo of Daniel Qu and Nicholas P. Wright. 

FantasyUp Could Go Belly Up Some Fear: Daily Fantasy Sports Site Slow Paying

FantasyUp Could Go Belly Up Some Fear: Daily Fantasy Sports Site Slow Paying

A Daily Fantasy Sports site utilizing a “no rake” business model, FantasyUp, appears to be ready to pay the piper.

Can Rake Free Work in Daily Fantasy Sports? CBS Sportsline Thinks So

Can Rake Free Work in Daily Fantasy Sports? CBS Sportsline Thinks So

CBS Sportsline introduced its Daily Fantasy Sports platform this past week with a rake free concept that is sure to give industry leaders DraftKings and FanDuel and run for their money.

Ring Leaders in Violent California Sports Betting Ring Sentenced: Got Off Light

Ring Leaders in Violent California Sports Betting Ring Sentenced: Got Off Light

Two brothers, both of whom were ring leaders of a violent California-based illegal sports betting ring, have been sentenced to less than two years in prison and each must pay a fine of $50,000.

GVC Holdings Not Giving Up On Bwin.Party: The Timeline

GVC Holdings Not Giving Up On Bwin.Party: The Timeline

GVC Holdings Plc, whose offer for the company was turned down in favor of a one from rival 888 Holdings Plc, has twice come back with higher offers.

Per Head Strategy of the Week: Payment Processing

Why is payment processing important?   Remember Cuba Gooding Jr?

The Best Pay Per Heads: Solid customer service, sharp lines, and strong betting options are all important, but there’s one topic that isn’t often discussed nearly as widely: payment processing and payment options.

Daily Fantasy Sports Expo Day Two Agenda Features Forbes, Fox Sports, DraftKings

Daily Fantasy Sports Expo Day Two Agenda Features Forbes, Fox Sports, DraftKings

Day 2 of the first ever Daily Fantasy Sports Expo in Miami Beach takes place Friday with speakers that include the likes of DraftKings, Forbes, CBS Sports and many more. 

The evolution of Mobile Casinos

The evolution of Mobile Casinos

It may surprise you to learn that mobile casinos have been around for well over a decade now, however with the way in which mobile phones and tablet devices have been evolving over the years the mobile casino gaming platforms that are now available have changed from all recognition compared to those original mobile gaming platforms.

Gambler Drops Cocaine on Casino Floor: Gets $300 Fine

Gambler Drops Cocaine on Casino Floor: Gets $300 Fine

A gambler in Australia charged with dropping 0.34 grams of cocaine on a table while gambling plead guilty and received a $300 fine.

Gambling Kingpin Wang Bo Deported Back to China

Gambling Kingpin Wang Bo Deported Back to China

The Philippines Bureau of Immigration on Thursday confirmed the deportation of Chinese gambling lord Wang Bo. 

MGM Files Lawsuit Against Connecticut Governor Over Preferential Treatment

MGM Files Lawsuit Against Connecticut Governor Over Preferential Treatment

Casino developer MGM Resorts International filed a lawsuit Tuesday against several top Connecticut state officials, including Democratic Gov. Dannel P. Malloy.  Find out why.

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