Gambling News
Can Casinos Save Detroit?
Detroit's shaky foundation of recovery may be backed by placing bets behind its local casinos. A trial to approve Detroit's plan to exit its $18 billion bankruptcy, the largest municipal crash in U.S. history, begins in late July. Revenue projections needed to stave off bankruptcy may be too ambitious. Even though Detroit gambling taxes are a stable source of money, casino revenue has declined recently in Detroit in the face of competition with traditional gambling hubs like Nevada and New Jersey as well as relative newcomers to the wagering scene.
‘Simpsons’ Creator Sam Simon ‘Tremendous Spirit’ in Cancer Battle Says Tilly
In an extraordinary interview conducted by Elaina Sauber of CardPlayer.com Wednesday, actress and poker player Jennifer Tilly opens up about her ex-husband’s fight with cancer.
PokerStars.NET to sponsor 2014 Beijing millions
Event sanctioned by Beijing Municipal Bureau of Sports, will form part of APPT
BEIJING, CHINA – PokerStars.NET will sponsor the 2014 Beijing Millions from July 18-27, and the event will form part of the Asia Pacific Poker Tour (APPT). This represents the first event in mainland China to be held as part of the APPT.
As part of this sponsorship, PokerStars will provide a tournament director and staff training, ensuring that this landmark event delivers an outstanding experience for players from China and beyond.
William Hill Takes £400,000 Bet on Whether Scotland Leaves the UK
The United Kingdom’s largest bookmaker, William Hill, has offered odds on whether Scotland will leave the UK. The odds are a bit steep at 1-4 for Scotland to vote against independence.
One man, said to be English, has wagered £400,000 on the “No” with the payoff being £100,000. It is the largest political bet in William Hill’s long history.
US Support of Gambling at All Time High Says Pol
(Associated Press) - Americans' support of legalized gambling is at all-time high, according to a new poll prepared for the casino industry's main trade group.
The report for the American Gaming Association also supports an assertion the gambling industry has long held: that casinos should be treated like any other business and not subjected to vastly higher taxes.
The poll finds 57 percent favor casino gambling, and 87 percent say gambling in general is an acceptable activity.
Dubai Businessman Iraj Parvizi Sues Les Ambassadeurs Casino for Allowing Collusion
A Dubai-based businessman, Iraj Parvizi is suing London’s Les Ambassadeurs Casino for failing to prevent collusion and cheating in its establishment.
And the amount he is suing for?
£10,000,000.
The 48-year-old was a regular in weekly high stakes cash games held at the casino until he lost £185,000 in one session and refused to pay back for the chips he received on credit.
New Jersey Clarifies Online Gambling Affiliate Arrangements
The New Jersey Division of Gaming Enforcement has expressed the importance of affiliate relations to the growth of its state-run online gambling industry. On Tuesday, it sought to clarify the types of relationships and activity said affiliates can and cannot engage in.
Men Who Escaped Quebec Prison Via Helicopter had Mob Ties
The three men who escaped a Quebec prison over the weekend via helicopter each had ties to the Mob and Hell’s Angels.
Yves Denis, 35, Denis Lefebvre, 53, and Serge Pomerleau, 49, broke out of the Quebec province jail Saturday evening.
"The helicopter landed in a courtyard at the detention center," police spokeswoman Ann Mathieu told the French news channel RDI on Sunday.
Daniel Negreanu Closing in on Another WSOP Final Table
Finishing 2nd in the 2014 World Series of Poker Event #3, poker pro Daniel Negreanu is hoping to make a serious run in the Event #22: $10,000 H.O.R.S.E. Championship.
Heading into the last day before the final table is determined, Negreanu was within striking distance of the top nine players.
IGT Seeking Sale: Shares Hit Five-Year Record High
News that International Game Technology (IGT) is potentially seeking a buyer resulted in shares reaching a five-year high on Monday. Morgan Stanley has been brought on to assess a sale of the slot maker’s business.
The shares rose 14 percent to $14.31 at the close in New York Monday, the biggest one-day gain since April 3, 2009. The stock had fallen 31 percent this year through June 6.
€242,230 Seized From 2010 Paddy Power Irish Open Runner Up Proceeds of Crime
Poker player Paul Carr, 34, will not be getting his €242,230 back. Authorities seized the money as part of two separate probes and determined last week that funds were derived through criminal activities.
James Henderson Expected to Replace Outgoing William Hill CEO Ralph Topping
Online bookmaker William Hill is set to replace outgoing CEO Ralph Topping with the company’s current Director of Operations James Henderson, according to media reports that circulated over the weekend.
The firm downplayed rumors Monday morning, however, telling EGR Magazine they have yet to make a definitive decision.
Replacing Topping has been a priority for William Hill since announcing his retirement earlier in the year. He has been CEO of the UK’s biggest bookmaker since 2008.
Ifrah Law Wins Dismissal of Online Poker Trademark Infringement Suit
U.S. District Court applies Supreme Court’s Daimler v. Bauman ruling to narrowly define general jurisdiction
WASHINGTON - A federal court has dismissed a trademark infringement lawsuit against a foreign internet poker news site in a ruling that signifies a win for Internet businesses at large by narrowing the types of contacts that would confer general jurisdiction against these foreign companies.
George Danzer Wins 2014 WSOP $10,000 Seven Card Razz Championship
Team PokerStars Pro George Danzer won the $10,000 Seven Card Razz Championship at the World Series of Poker in Las Vegas a few hours ago. Team PokerStars Pro Daniel Negreanu was eliminated in tenth place.
This is Danzer’s first WSOP bracelet and tenth cash at the WSOP. Of those 10 cashes, Danzer has gone on to make the final table eight times, which is a remarkable record. He has been in great form recently, winning his fourth SCOOP title online at PokerStars last month.
BetFred.com Pulls Out of Germany, Canada, Most Other Markets Ahead of World Cup
Not the best timing as the FIFA World Cup is set to begin this week but BetFred.com customers from variously countries across the globe were advised this weekend they can no longer bet online with the company.
FBI Probe Into Illegal Gambling Business Details Prosecutor’s Extortion Plot
JOPLIN, Mo. — (Associated Press) - Hundreds of pages of reports from an FBI investigation into illegal gambling in Joplin and the surrounding areas show a wide-ranging vice operation that involved influential people in southwest Missouri and southeast Kansas.
The Joplin Globe (http://bit.ly/SoJHN0 ) obtained more than 600 pages of documents in response to a Freedom of Information request the newspaper filed in 2012 because the investigation had led to the firing of a Joplin police officer and indictments against three bookmakers.
PokerNews.com Banned From Covering Poker Tournament at Venetian
One of the largest poker news venues, PokerNews.com, has been banned from covering the Mid-States Poker Tour at the Venetian Hotel and Casino in Las Vegas on grounds that it promotes online poker sites. PokerNews.com was unaware of the reasons behind the ban until this weekend.
The Venetian is run by Sheldon Adelson, who is currently on a mission to stop the proliferation of Web poker in the United States.
Gambling Could Be What Saves Detroit
(Reuters) - Detroit's reliance on casino cash to help fund a recovery from the city's historic bankruptcy is a high-risk bet on what is an increasingly shaky source of income.
A trial to approve Detroit's plan to exit its $18 billion bankruptcy, the largest municipal crash in U.S. history, begins in late July. Flawed revenue projections may undermine its feasibility, creating a key legal hurdle to win approval by the court. On a practical level, a revenue shortfall could knock the city down just as it is getting back on its feet.
Phil Hellmuth: ‘Crazy Frenchman is Going to Cost Me My 14th Bracelet’
Gunning for his 14th World Series of Poker bracelet, poker pro Phil Hellmuth went up against Frenchman Davidi Kitai….and it wasn’t going to be pretty. Not only was Hellmuth eliminated, Kitai ultimately won the Event #15: No-Limit Hold'em Six Handed.
Will Bartenders Be Replaced With Drones? The Las Vegas Experiment
How much would you pay to have a drone as your bartender? This is the question being posed by CNN Money after the Marquee Dayclub at the the Cosmopolitan of Las Vegas hotel began offering bottle service by drone to guests partying at its outdoor deck and cabanas.
Gambino Capo Gets Life Sentence for Double Homicide, Heroin Dealing, Gambling
Gambino Crime Family captain Bartolomeo “Bobby Glasses” Vernace, 65, has been sentenced to life in prison for a double homicide committed 33 years ago over a spilled drink. He will not be eligible for parole.
Influential Gambling Attorney Robert Faiss Passes Away
LAS VEGAS (Associated Press) — Highly respected Nevada gambling attorney Robert “Bob” Faiss (FESS'), who represented some of the premier organizations in the industry during a decades-long career, has died.
Faiss' wife, Linda, says her husband died at Boulder City Hospital Thursday of complications from cancer. He was 79.
Faiss was born in Illinois and moved to Nevada in his youth before attending the University of Nevada and studying journalism. He worked as a city editor for the Las Vegas Sun, an aide to President Lyndon B. Johnson and an adviser to Gov. Grant
Poker Pro Phil Hellmuth Selling Himself for $16,700: More Than a 2014 Ford Fiesta
Sexy, dark, brooding at times, temperamental on other occasions....likes fine dining restaurants, hanging out with celebrities, very big hands (er..ego). Going rate: $16,700 a night.
A good escort might go for over $1,000 an evening.
Phil Hellmuth?
Yep, he’s charging $16,700.
Oh, and you won’t even get the sex!
WSOP No-Limit 2-7 Draw Lowball Fina - Negreanu vs. Volpe: So Who Won?
A handful of big name poker players have made the final table of the World Series of Poker Event #13: No-Limit 2-7 Draw Lowball with the top three finishes all having some degree of name recognition. These included the likes of Daniel Negreanu and Paul Volpe, the later of whom ultimately won. All of those playing at the final table had enjoyed past success on the live tournament circuit.
Pennsylvania Hears Testimony On Internet Gambling
A five-hour Senate hearing was held Wednesday to determine whether real money Internet gambling should be allowed in the state of Pennsylvania.
High Five Poker Tournament Returns to Americas Cardroom
It hasn't even been three months since the last tournament series captivated poker players across the US and around the world, but Americas Cardroom is giving players another reason to celebrate. The online poker site today announced that its popular 5-day series featuring five big events a day will return to the site on June 11th.
2014 World Championship of Online Poker Main Event Offers $10 million Guaranteed
ONCHAN, Isle of Man – PokerStars announced today that satellites to the 2014 World Championship of Online Poker Main Event – which will feature a $10 million guaranteed prize pool – are now running, with buy-ins starting from just $1.65. The $5,200 Main Event is scheduled to take place September 28, 2014.
The $10 million guaranteed prize pool will ensure that the World Championship of Online Poker Main Event is the biggest online poker tournament of the year and will continue to build on its reputation as one of the most sought-after titles in the poker world.
Dreyfus Announces American Poker Awards to be Held in LA
Global Poker Index (GPI) head Alex Dreyfus has announced the first annual American Poker Awards.
The event will be held in Los Angeles, California, at the SLS Hotel in Beverly Hills on February 27, 2015.
The event looks to celebrate the poker industry and help develop the game worldwide by bringing some of the biggest names in the industry together.
"I think we are at the eve of a new boom," Dreyfus told PokerNews explaining how he believes this to be "the perfect time" for an initiative like the American awards."
Macau Gambling Revenue Up 9.3 Percent
HONG KONG – (Reuters) - Macau, the world's casino capital, raked in 32.35 billion patacas (US$4.05bil) in gambling revenue in May, boosted by robust demand from Chinese visitors keen to bet in the country's only legal casino hub.
Growth in Macau, a special administrative region like neighbouring Hong Kong, was up 9.3% in May, lagging analyst estimates of 13-15%.
Jonathan Dimmig Wins 2014 World Series of Poker Millionaire Maker
New York State native Jonathan Dimmig has become the latest poker millionaire after winning the 2014 WSOP Millionaire Maker event.
He bested the 2nd biggest player field in World Series of Poker tournament history to win $1,319,587 in the $1500 buy-in Millionaire Maker.
