Gambling News

$31,156 in Pot Limit Omaha Timed Cash Game Awarded by Americas Cardroom

San Jose, Costa Rica – This Thanksgiving Day, seven players are waking up with a lot to be thankful for. In last night's installment of The Cage PLO, seven players emerged from the time-based cash game with a total of $115,000 in cash. The top player, poof9, walked away with $31,156 in cash.

Submitted by Press Release on, Nov/27/2014

Americas Cardroom to Implement Bitcoin Withdrawals Next Week

Americas Cardroom CEO Phil Nagy confirmed Wednesday evening that the popular online poker room plans to roll out its Bitcoin withdrawal platform some time during the first week of December (an exact date was not immediately known).

“We were working on this today and should have the withdrawal functionality ready by next week,” Nagy said during a four hour live streaming Q&A format broadcast on Gambling911.com Wednesday evening.

Submitted by Ace King on, Nov/27/2014

WPN Fun With The Cage: Live Streaming With ‘Naked’ Phil, Calls Amaya 'The Devil'

The Cage - Texas Hold'em tourneys have taken the poker industry by storm and now an equally exciting version debuted Wednesday night (November 26) accompanied by a live streaming that can be viewed below or here.

The Cage - Pot Limit Omaha (PLO) was scheduled at 8:00pm ET.

Submitted by Nagesh Rath on, Nov/26/2014

Victoria Coren Leaves PokerStars: Cites Move Away From Poker

Female poker pro Victoria Coren-Mitchell has announced she is leaving Team PokerStars.  Her reason: They are adding an online casino and that goes against her beliefs.

“PokerStars.com announced that it will be rolling out online casino gaming alongside its internet poker,” Coren-Mitchell wrote on her blog.  “As a result, on Saturday morning, I terminated my endorsement contract with them.

Submitted by Ace King on, Nov/26/2014

Bozo The Clown Sidekick May be the Man to Save the Taj Mahal

Magician Herbert L. Becker, a one time sidekick to the famed clown Bozo, may be the one to save Taj Mahal. 

Submitted by Aaron Goldstein on, Nov/26/2014

Irish Businesses Flourish in Tough Eurozone Economy: Paddy Power Leads the Way

Irish bookmaker Paddy Power has seen strong returns over the past month whereas much of the Eurozone is encountering a weakening.

Ireland businesses in general have been flourishing amidst the tough economic times throughout Europe. Both the nation’s major airlines, Ryanair, the biggest in Europe, and Air Lingus, continue to thrive.

Submitted by Aaron Goldstein on, Nov/26/2014

Leagues Demand $3.4 Million Back From NJ Sports Betting Case: More to be Spent

The NFL, NBA, NHL, MLB and NCAA are asking for $3.4 million from the Courts for the bond they placed on New Jersey’s Monmouth Park Racetrack to prevent them from offering sports betting this fall.

Submitted by Alejandro Botticelli on, Nov/25/2014

Foxwoods Cuts Back on Gambling

HARTFORD, Conn. - (Associated Press) - Foxwoods, the largest casino resort in North America, is reducing its number of slot machines and table games to free up space for nightclubs and other new attractions as it adapts to fierce competition, the new CEO said in an interview with The Associated Press.

Submitted by Associated Press on, Nov/25/2014

Huckabee Gearing Up for US Presidential Run: Does Adelson’s ‘Dirty Work’

Fox News television host and 2008 US Republican Presidential candidate Mike Huckabee is reportedly preparing to run again in 2016.

BetOnline

Submitted by Gilbert Horowitz on, Nov/25/2014

Third Time a Charm for Gutfreund on HPT

Mt. Pleasant, MI - David Gutfreund came oh-so-close to a Heartland Poker Tour championship twice before, but the cards didn't fall in his favor on either trip to HPT's TV table. The third time proved to be a charm at HPT's most prestigious event of the year, the annual Championship Open at Soaring Eagle Casino & Resort. The Chicago man finally came out on top of a tough field that included most of the season's champs, picking up $156,649 for the win.

Submitted by Press Release on, Nov/25/2014

Six Men Charged With Plotting to Beat Up Man to Collect $40K Gambling Debt

Six men have been charged with plotting to beat up a Chicago area restaurant worker in an effort to collect $40,000 gambling debt.

Prosecutors claim that five of the six individuals have been charged with assault.

They knocked him to the ground and punched and kicked him, prosecutors charged in an indictment returned last week.

Submitted by Jagajeet Chiba on, Nov/24/2014

Last Minute Reprieve for Taj Mahal as Icahn Ready to Make Union Concessions

Carl Icahn, the Taj Mahal’s largest debtholder, has decided to make some concessions to unions after all.

BetOnline

Submitted by Aaron Goldstein on, Nov/24/2014

Atlantic City Casino Profits Up in 3rd Quarter

ATLANTIC CITY, N.J. (Associated Press) - Atlantic City's casino industry saw its operating profits rise in the third quarter of this year, helped by Internet gambling money and the absence of large losses racked up last year by weaker casinos.

The casinos reported a gross operating profit of $147.5 million in July, August and September, up 7.2 percent from the same period a year ago. Those numbers include comparisons with four casinos that have since closed, some of whom lost large sums in summer 2013.

Submitted by Associated Press on, Nov/24/2014

Caesars Receives Notice of Default From UMB Bank

Caesars Entertainment Corp. said on Monday that its main operating unit received a notice of default from UMB Bank last week at a time when the gambling firm is seeking creditor approval for a potential real estate investment trust plan.  Caesars called the UMB claims “meritless”.

Submitted by Aaron Goldstein on, Nov/24/2014

Gambling Nuke Commander Denies Bombshell Fake Poker Chip Allegations

A high-ranking admiral who once watched over the U.S. nuclear supply has denied any wrongdoing in a Navy investigation into counterfeit chips.

Submitted by Ace King on, Nov/24/2014

DraftKings Outage Could Not Have Come at Worst Possible Time: Refunds Promised

One of the world’s largest daily fantasy sports sites, Draftkings.com, experienced a disastrous power outage on Sunday during Week 12 of the NFL.  The company is expected to lose hundreds of thousands of dollars as a result.  Worse still, Draftkings.com advertised throughout Sunday’s NFL games.

The issues were deemed as “Connectivity Issues” apparently starting just minutes before the early afternoon games.

Submitted by C Costigan on, Nov/23/2014

Fanduel Joins Forces With Lakers, Draftkings the Broncos and PlayMLF Golden State

It’s been an active week for the fantasy sites teaming up with professional sports teams.  We’ve seen FanDuel.com cut a deal with the LA Lakers, Draftkings join forces with the Broncos and PlayMLF.com partnering up with the Golden State Warriors. 

BetOnline

Submitted by Aaron Goldstein on, Nov/23/2014

Dallas Bookies: Fort Worth Loving Their TCU Horned Frogs

Dallas bookies and those residing in the Fort Worth area must be smiling these days.  Their Cowboys, Mavs and Horned Frogs are winning as we head into the winter period of 2014-2015.  This is great for local bookies and Pay Per Head businesses alike.

Submitted by Aaron Goldstein on, Nov/23/2014

DailyMVP.com Hits the Daily Fantasy Sports Market Minus the Salary Cap

The latest installment in the fast growing daily fantasy sector is DailyMVP.com, a site that looks to distinguish itself from the rest of the pack by offering fantasy sports without the salary cap platform found at other sites.

Submitted by Aaron Goldstein on, Nov/22/2014

Judge Rules on New Jersey Sports Betting and the Verdict is…..Leagues Win

U.S. District Court Michael Shipp ruled on whether New Jersey’s biggest racetrack, Monmouth Park, may begin taking bets on sports and they will not be able to, at least not for the foreseeable future.

That ruling came out shortly before 9 pm EST.

Submitted by Gilbert Horowitz on, Nov/21/2014

Pay Per Head for College Basketball

It’s that time of year where local bookies will be scrambling to find a Pay Per Head for College Basketball.  Look no further than PayPerHead.com, a long time sponsor of the Gambling911.com website.  This is the site endorsed by none other than Vince Curatola (Johnny Sacks on “The Sopranos”).

Submitted by Aaron Goldstein on, Nov/21/2014

Rhode Island Ex-Attorney General in Hot Water Over Gambling Lobbying

A former Rhode Island Attorney General is being investigated to determine if he violated state lobbying rules by making appeals to his former colleagues on behalf of a Nevada gambling casino.  Patrick C. Lynch, a Democrat, served from 2003 to 2010.

Submitted by Gilbert Horowitz on, Nov/21/2014

Wynn Resorts Probe for Possible Money Laundering Tied to Sports Betting

CNBC is reporting that Wynn Resorts is under investigation for possible money laundering, specifically sports betting by high rollers and whether VIPs laundered drug money through the company’s casino.

Submitted by Aaron Goldstein on, Nov/21/2014

The Cage PLO Edition Makes Anticipated Debut on November 26

The Cage - Texas Hold'em tourneys have taken the poker industry by storm and now an equally exciting version is debuting soon. The Cage - Pot Limit Omaha (PLO) is happening on Wednesday, November 26th at 8:00pm ET.

Submitted by Press Release on, Nov/21/2014

PokerStars Launches Online Sports Betting Site

ONCHAN, Isle of Man - PokerStars, the world’s largest poker brand, announced today that it will launch sports betting and casino table games globally on PokerStars.  Claim Your FREE $250 Here (use bonus code G911).

Submitted by Press Release on, Nov/21/2014

WSOP Main Event Runner Up Felix Stephensen Faces $2.5 Mil Tax Bill

The Norwegian government is expected to come after 2014 World Series of Poker Main Event runner up Felix Stephensen for 50% of his WSOP winnings or $2.5 million. 

Submitted by Patrick Flanigan on, Nov/20/2014

Sheldon Adelson Losing His Iron Grip: Sands One Step Closer to Unionizing

Casino magnate Sheldon Adelson is having a bad week.

First his heavily pushed online gambling prohibition bill, Restore America’s Wire Act (RAWA), was ruled dead on arrival in Congress.

Now we learn that Adleson’s Sands Casino in Bethlehem is one step closer to unionizing.

For years, Adelson has worked hard to keep the unions out of his casino establishments and, for the first time in 25 years, it appears as if he is about to lose that battle to a bunch of security guards making a mere $12 an hour.

Submitted by Aaron Goldstein on, Nov/20/2014

Judge Will Decide on New Jersey Sports Betting Friday

(Associated Press) - New Jersey could drop its ban on betting on sports entirely, but it cannot legally set conditions as it ends the prohibition, a lawyer for the NCAA and four major sports leagues told a federal judge Thursday.

The lawyer, Jeffrey Mishkin, said the state isn't dropping its sports betting ban, because it requires that it takes place only at casinos and horse racing tracks and that bettors be at least 21 years old.

Submitted by Associated Press on, Nov/20/2014

Adelson-Backed Online Gambling Bill Won’t be Presented During Lame Duck Session

A bill to prohibit most forms of online gambling, backed heavily by GOP mega donor and casino billionaire Sheldon Adelson, will not be heard during the upcoming month’s lame duck session in Congress.

The legislation, known as Restore America’s Wire Act, had gained support from only a handful of Congressional members, mostly Republicans. Adelson spent millions to push for the bill.

Submitted by Gilbert Horowitz on, Nov/20/2014

Revel Casino Purchase Terminated

The company that won a bankruptcy auction to buy the now closed Revel Resort in Atlantic City has terminated the deal, according to NBC10 in Philadelphia.

Toronto-based Brookfield US Holdings, LLC spokesperson Andrew Willis said on Wednesday that the $110 million purchase is no longer moving forward.

Sources close to the situation tell NBC10's Ted Greenberg that the deal fell apart after ACR bondholders and South Jersey Industries refused to alter Revel's utility bill payment structure. 

From NBC10:

Submitted by Aaron Goldstein on, Nov/19/2014

Breaking News

Phil 'The Poker Brat' Hellmuth Gets Lambasted for Defending 'Jesus'

Phil 'The Poker Brat' Hellmuth Gets Lambasted for Defending 'Jesus'

The other day we reported on how Chris "Jesus" Ferguson finally got around to apologizing for his role in a 2011 ponzi scheme that left customers of Full Tilt Poker screwed until the U.S. Government stepped in to rescue them.

Can I Bet the FIFA World Cup From Kenya Using Bitcoin?

Can I Bet the FIFA World Cup Online From Kenya Using Bitcoin?

Kenya has no shortage of sports bettors (punters), the vast majority of whom following football leagues around the world, mostly European and Premier League. For this year's FIFA World Cup, the best way for them to place bets online will be with bitcoin using a cryptocurrency wallet that can be linked to one's banking account.

Man Who Ran Sports Betting Operation for 14 Years Pleads Guilty

Plus two men accused of robbing a casino back in February will now face trial in a federal court....They were found an hour after that robbery at another nearby casino.