Gambling News
Chinese Officials Funding US Political Campaigns: Adelson Denies Ties
If big money donors really do make a difference in the U.S. political landscape, the next American President could be determined by….the Chinese?
Wal-Mart Employee Embezzles $150K From VA for Gambling, Strippers
A 57-year-old former federal employee admitted to embezzling approximately $150,000 from a Veterans Affairs retail store and using said funds for strippers prostitutes and gambling.
The US Justice Department has accused Glenn Alan Bates, 57, of stealing said funds from an Ann Arbor, Michigan store, which caters to war veterans through the sale of food and electronics.
Oppenheimer, Vulcun Reps to Speak at First Ever Daily Fantasy Sports Expo
Want to raise money for your existing or start-up daily fantasy sports website? The place to be this August 6 and 7 in Miami Beach, Florida at the first ever Daily Fantasy Sports Expo.
Sayke Reilley has been announced to speak on the subject of Raising Money for Daily Fantasy Sports.
Manny Pacquiao Hit With Class Action Suit: ‘You Screwed Viewers and Gamblers’
Fighter Manny Pacquiao, who on Tuesday announced he will be getting shoulder surgery at the end of this week, has been served with a class action lawsuit.
Freebuy Super Series Concludes Today With $20,000 GTD Main Event: Enter Now!
Americas Cardroom first-ever free online poker tournament series featuring $150,000 in real prize money concludes Sunday with the F$20,000 GTD Main Event.
This PM Refuses to Make Good on Pacquiao Bet: ‘Incensed by Loss’
A Prime Minister ruling over a nation with more than 15 million people lost a wager on Manny Pacquiao Saturday night and now he reportedly refuses to pay. Floyd Mayweather Jr. walked away the champion by unanimous decision.
Don’t tell that to Cambodia PM Hun Sen, who made the $5000 bet and admitted Monday he doesn’t intend to pay it since he was so “incensed by the loss”.
Vietnamese Women Forced to Act as Drug Mules for Gambling Debt Forgiveness
A Swinburn University research study found that one in every five Vietnamese females serving time in Victoria, Australia prisons had been charged with drug offenses.
The study delve deeper to reveal the vast majority of these women had to pay 10 per cent interest every week on loans, many of which were taken in order to pay off casino gambling debts ranging between $30,000 and $1 million. The women were often used to transport illicit drugs on their person.
‘CSI: Cyber’ is Raising the Stakes to Expose ‘Seedy’ Online Poker World Tonight
The latest “CSI” spinoff, “CSI: Cyber” goes right for the jugular as it tackles the “seedy” world of online poker.
Kansas Senate Approves Fantasy Sports as Game of Skill Bill
TOPEKA, Kansas — (Associated Press) - Fantasy sports would be declared a legal game of skill under a bill approved by the Kansas Senate in a 37-1 vote Monday.
Lawmakers moved several pieces of legislation as they shift into the final stretch of the session. The fantasy sports bill would clarify an ongoing dispute over the legal status of fantasy football leagues if passed by the House and signed by Republican Gov. Sam Brownback.
MGM Resorts Q1 Profits Up 65 Percent: Beats Wall Street Expectations
LAS VEGAS – (Associated Press) - MGM Resorts International posted a profit of $169.9 million, or 33 cents a share, in the quarter that ended March 31. That was up 65 percent compared to the same time a year ago and easily beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.
Mondogoal.com Goal: To Be the World’s Top Destination for Fantasy Soccer
ISLE OF MAN -- It looks like deja vu for this tiny island off the coast of England that used to be a British territory but is now an independent nation.
A decade ago, some of the biggest online poker sites flocked here to set up shop.
Gambling laws were lax, the location was remote and the semi-air of British authority gave the poker sites a feel of legitimacy.
Ole Scheimion Leads for Day 3 of the EPT Grand Final Main Event
Reigning EPT Player of the Year Ole Schemion is leading the PokerStars and Monte-Carlo® Casino EPT Grand Final Main Event going in to Day 3.
Wrong Tournament: Poker Player WPT World Championship Win Out of Mistake
Asher Conniff of Brooklyn, New York, accidentally registered for a big-bucks Atlantic City poker tournament, and the rest is history. He walked away the winner and pocketed a cool $973,000.
The 25-year-old tells the New York Daily News he was supposed to be attending a family vacation with his mom last week but instead had to play in the tournament.
“She wasn’t too upset,” said Conniff after his triumph at the Borgata Hotel Casino & Spa. “She was happy I was going to play and she’s super-ecstatic now.”
PokerStars Shakes Up European Poker Tour Schedule for Season 12
ONCHAN, Isle of Man – PokerStars, an Amaya Inc. (TSX: AYA) company, today announced six stops for the forthcoming 12th season of its European Poker Tour – kicking off with the EPT’s most popular poker festival, in Barcelona in August. Six destinations have been confirmed so far, with a seventh to be determined for March. All those confirmed will run in conjunction with PokerStars’ national and regional live tours.
SAVE THE DATE
EPT Barcelona: August 19-30, 2015
EPT Malta: October 21-31, 2015
EPT Prague: December 6-16, 2015
Romain Paon Leads €10,600 EPT Grand Final Main Going Into Day 2
Romain Paon leads the €10,600 PokerStars and Monte-Carlo® Casino EPT Grand Final Main Event after Day 1b. The Frenchman collected 161,900 chips to put himself in a great position for Day 2 tomorrow. Paon's best result to date is cashing for €22,000, but now he seems ripe for success on the bigger stage. Eric Sfez, EPT8 Deauville €10k High Roller winner (and this season's finalist), follows his compatriot in second place. Sfez in certainly the better-known player, winning more than $900k in live tournaments so far.
Legends Sports Founder Convicted of Running $1 Billion Sportsbook
On one of the biggest betting days of the year, Legends Sports founder and father of 7, Bartice “Luke” King of Spring, Texas has been convicted of running a $1 billion sports betting enterprise.
Sportsbooks Come Out on Top With Mayweather-Pacquiao Fight
It was billed as the “Fight of the Century” and certainly lived up to all the hype, at least where the gambling world is concerned.
Mayweather vs Pacquiao Vegas Odds: Flood of Money Coming in on Pacman
Mayweather vs. Pacquiao Vegas odds were all over the map with early action coming in on Manny Pacquiao.
Betting on the Mayweather Pacquiao Fight to Exceed $60 to $80 Million
Experts predict that betting on the much ballyhooed Mayweather Pacquiao fight will range between $60 and $80 million. And that’s only in the state of Nevada.
How Old do I have to Be – Minimum Age – to Place a Bet on the Kentucky Derby
If you are looking to place a bet on the Kentucky Derby in Vegas, you’ll need to be at least 21. Betting online you must be 18 years or older. BetUS welcomes those 18 years or older with a generous welcome bonus (max bonus $2500)
€2K FPS High Roller Lures Stellar Field
A whole bunch of big names have entered the €2k FPS High Roller on Friday.
Current Line on the Mayweather-Pacquiao Fight: Wiseguy-Bookie Cat and Mouse
The current line on the Mayweather-Pacquiao fight as of Friday morning was coming in at -195 for Mayweather and +165 for Pacquiao.
Verdict to be Rendered Shortly in Luke King Billion Dollar Sports Betting Case
A verdict was anticipated in the coming days in the case of Legends Sports founder Bartice “Luke” King, who is charged with running an online sportsbook for well over a decade that allegedly took in over a billion dollars.
Dutch Lottery Market Readies Itself for Change as Operators Prepare for Conference
AMSTERDAM – Gaming In Holland - announced today, that representatives of the major operators of the State lottery, De Lotto and the National Postcode Lottery, shall be debating pending regulatory changes in the lucrative Dutch lottery market at their June conference.
Until recently, the Netherlands lotteries market was regulated by the Netherlands Gaming Control Board, but from April 2012 this responsibility is now with the Dutch Gaming Authority.
666Bet.com Making Some Payouts Following Disarray, Arrest
Some customers report receipt of payment from shuttered 666Bet.com following anxious weeks of waiting.
The company has addressed the issue further by advising that customers will now need to open Skrill accounts in order to request withdrawals.
We are aware of the problem with pending withdrawals from March and are working a resolution to return balances to customer accounts asap.
AG Files Charges Against Seals With Clubs Bitcoin Online Poker Site CEO
LAS VEGAS (Associated Press) - Nevada gambling regulators, led by state Attorney General Adam Paul Laxalt, announced a first-of-its-kind prosecution Tuesday of a man they say ran an unlicensed online poker website from Las Vegas using the Internet currency bitcoin.
Biggest Weekly Online Poker Prize Pool Tournament for US Players Unveiled
It's official. Big Sunday weekly tournaments are back in North America. Leading U.S. facing online poker site, Americas Cardroom today announced that this week's Sunday Special tournament has hit $110,000. The Sunday Special poker tournament is now the biggest weekly Sunday major offered by any of the U.S. facing sites.
The Sunday Special
G911 World Exclusive: Sponsor of Louisiana Fantasy Sports Bill Predicts Easy Passage
BATON ROUGE, La. -- The State of Louisiana has always been an "anything goes" sort of place, what with its liberal drinking laws, myriad casinos and 24/7 Mardi Gras atmosphere.
But, strangely, one of the things that doesn't "go" in the Bayou State is wagering on fantasy sports.
Although Federal law legalizes fantasy sports wagering nationwide and deems it not a form of gambling but a contest of skill, individual states still have the final say on whether they think it's gambling and whether they want to allow it within their state borders.
Betfair Account Recovery System Flaws Raise Alarms
Betfair, Europe’s largest betting exchange, has reassured its customers that it is fixing issues uncovered with its account recovery system.
A major security flaw was detected by users in recent days.
