Gambling News

Don't Risk an Audit: Know the Rules on Gambling

NEW YORK (AP) -- Clinching the office pool for March Madness entitles you to a pot of money and gloating rights. And nobody can take that away from you, except maybe the IRS.

Even if your winnings seem like chump change, any money you pocket from gambling is considered taxable income. It's not likely that the Internal Revenue Service will come after you for your NCAA pot, but there are times when reporting even casual winnings becomes more formal.

Submitted by Guest on, Feb/17/2010

Good Job Poker Nordica: CEO Responds to Complaint

Gambling911.com readers might recall we had one online poker operator recently threaten a lawsuit against us after we criticized his company's new policies regarding its showing certain "winni

Submitted by C Costigan on, Feb/17/2010

New EU Commiss Wants to Settle Online Gambling Mess

Ivan Camilleri, Brussels

Times of Malta

Submitted by Guest on, Feb/17/2010

Singapore Opens Its First Casino

(Reuters) - Singapore's first casino, a key part of a drive to boost tourism revenue and please wealthy visitors, opened its doors on Sunday, Lunar New Year -- the most auspicious day of the Chines

Submitted by C Costigan on, Feb/16/2010

Grand Prive Bella Vegas Online Casino Fiasco Continues

eCOGRA's Compliance and Advisory Services department (we'd like to call them the "Spin" department) has "investigated" complaints that the Grand Prive group of online casinos, w

Submitted by Jagajeet Chiba on, Feb/16/2010

Union helps Matthew Etherington Deal with gambling Debts

Stoke's winger Matthew Etherington's revelation that he gambled away £1.5m should serve as a warning to everyone in the game, according to the players' union chief executive Gordon Taylor.

Etherington's problems spiralled out of control while he was at West Ham and were a factor in him leaving to join Stoke in January last year. Despite trying to put his finances in order he still arrived owing £800,000.

Submitted by Guest on, Feb/15/2010

Gaming Tax in Spain Discriminatory Says EU

The European Union has been struggling in recent years to keep its own members in line, so to speak, when it comes to online gambling legislation.

Submitted by Jagajeet Chiba on, Feb/15/2010

Kim Kardashian and Reggie Bush: Valentine’s Day in Vegas

His team just won the Super Bowl and she was one of the most wagered on props of the game

Submitted by Jordan Bach on, Feb/14/2010

Full Tilt Poker Peaked, PokerStars Continues Up

The world's second largest online poker room, Full Tilt Poker, appears to have hit its peak at just shy of 20,000 "real cash" players on averag

Submitted by Ace King on, Feb/14/2010

Inside Gaming: N.J. likely to Suffer Same Fate as Bernie

Atlantic City gaming revenues fell 8.5 percent in January to $294.2 million, the New Jersey city's 17th straight monthly decline.

That was the good news.

In the past five weeks, Atlantic City's 11 casinos saw new competition emerge (table games in Pennsylvania and Delaware, slot machines in Maryland and New York) and two casino operators (MGM Mirage and Pinnacle Entertainment) begin planning their exit from the market.

Submitted by Guest on, Feb/14/2010

Oddsmakers Were Also Hoping for Danica Patrick NASCAR Treat

NASCAR officials were not the only one's hoping Danica Patrick would finish strong at Saturday's Drive4COPD Nationwide race in Daytona.  Online oddsmakers were hopeful that Patrick could drive inc

Submitted by Tyrone Black on, Feb/14/2010

Paddy Power Ups Stake in Australia’s Sportsbet

Paddy Power has increased its stake in Australia's Sportsbet, strengthening its position beyond Europe.

Submitted by Guest on, Feb/12/2010

Major Poker Raid in Alabama

(WBRC) A raid on a Texas Hold 'Em game in Pelham has poker players around the area looking over their shoulders.

Pelham and Hoover police served a search warrant at a game in Pelham on Saturday where more than 72 players and thousands of dollars were involved. Police are quick to point out no arrests were made on Saturday, but they did seize several pieces of equipment to help an investigation they say has been going on for weeks.

Submitted by Guest on, Feb/11/2010

International Game Technology Shuts Down Japan Operations

As part of its ongoing focus on operating efficiencies, International Game Technology (NYSE: IGT) today announced its decision to close its Japan operations due to ongoing difficult market conditio

Submitted by Guest on, Feb/11/2010

Clonie Gowen Full Tilt Poker Case Dismissed

Breaking News:  A much publicized lawsuit filed by poker player Clonie Gowen against the world's second largest online poker room, Full Tilt Poker (Tiltware) has been dismissed in favor of the def

Submitted by C Costigan on, Feb/11/2010

Google Baulks at Conroy's Call to Censor YouTube

Google says it will not "voluntarily" comply with the government's request that it censor YouTube videos in accordance with broad "refused classification" (RC) content rules.

Submitted by Guest on, Feb/11/2010

Australia Internet Censorship Issue at Breaking Point

Special contributor to the Gambling911.com website, Greg Tingle, looks at the continuing uproar over censorship attempts in Australia as they apply to the Internet and ultimately online gambling we

Submitted by Guest on, Feb/11/2010

Are The Feds Cracking Down On Internet Poker?

Nathan Vardi, Forbes.com

At 76 Doyle Brunson is a revered figure in the game of poker and is known variously as Tex Dolly and the Godfather of Poker. Over the years he has twice won the main event at the World Series of Poker, where he has also collected ten bracelets, the second most of all time, in events like seven-card stud. He's written a bestselling how-to book, and fans crowd around him in Las Vegas for his autograph.

Submitted by Guest on, Feb/11/2010

Mike Tyson Pulls Out of Online Gambling Shoot: Cites Muslim Beliefs

Bookmaker.com, an online gambling site is in the process of shooting a celebrity promotional video, and was shocked when Mike T

Submitted by Jordan Bach on, Feb/10/2010

East Coast Snowfall Odds

The oldest established online bookmaker, Bookmaker.com, has posted odds on how much snow the East Coast will receive between to

Submitted by Guest on, Feb/10/2010

Affiliate Convention Back in Amsterdam April 15-16

Ticonderoga Ventures, Inc. announces that the 2010 Casino Affiliate Convention will take place at the NH Grand Krasnapolsky Hotel in Amsterdam on April 15-16, 2010.

Understanding the dynamics of the online gaming market, this year's event will focus more on intense search engine optimization (SEO) methods for online gaming.  In addition the event will focus on the Eastern European market.

CAC2010 Amsterdam is one of the largest business conferences and trade shows for the gaming industry.

Submitted by Guest on, Feb/10/2010

Super Bowl Records Broke at Gambling911, Vegas

Gambling911.com reported its highest traffic numbers in its nearly 10 years on the Web Sunday as Super Bowl betting took center stage.  The site dominated in Super Bowl related searches at both G
Submitted by C Costigan on, Feb/10/2010

Hawaii Gambling Bills Advance in House

YK Pang, Honolulu Advisor

Submitted by Guest on, Feb/10/2010

Online Gambling Processors to Enter US Market

A UK-based payment processing company is preparing to enter the U.S. market and will be open to process online gambling transactions for U.S.

Submitted by C Costigan on, Feb/09/2010

Online Poker Sites Capitalize on East Coast Snow

With another 12 plus inches of snow expected up the Mid Atlantic coast, poker players and would be poker players alike are stuck in their homes with nothing else to do but shovel snow, watch televi

Submitted by Ace King on, Feb/09/2010

China Plans Online Gambling Crackdown

China plans to crack down on the online gaming and gambling industry, including the banks, financial institutions and websites that support it, the Ministry of Public Security advised in a statemen

Submitted by Guest on, Feb/09/2010

Hawaii the Latest State to Mull Legalized Poker

The 50th state, Hawaii, may be legalizing poker on the Pacific island, but only for visitors.  Hawaii is following the lead of a handful of other US states looking to legalize poker or

Submitted by Patrick Flanigan on, Feb/08/2010

New Jersey Sports Betting Bill Passes Committee

A bill to legalize online sports betting in the state of New Jersey passed committee vote on Monday and is now going to be debated in the NJ Senate.

Submitted by C Costigan on, Feb/08/2010

Breaking News

5Dimes Not Slowing WIth Payouts Yet

5Dimes Not Slowing WIth Payouts Yet

Since it was reported over the weekend that the founder and sole owner of 5Dimes body was found after an apparent murder-for-hire, many players have been asking if they are still paying out.

Washington Post Editorial Board on Legalized Sports Betting in DC: 'Tread Carefully'

Washington, DC Councilmember Jack Evan’s newly introduced bill would legalize sports betting while also placing regulations.

Sports Betting in NJ Proving to be Unbridled Success

Any question that states aren't benefitting from a May Supreme Court ruling that overturned decades long prohibition against sports betting can now be put to rest.