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TRENTON, N.J. (Associated Press) – Gov. Chris Christie announced Friday that Atlantic City’s 12 casinos can reopen after a nearly five-day shutdown for Superstorm Sandy, but it’s unclear when they will be ready to do so.
Christie announced the order to allow reopening at 10 a.m. Friday and said it was effective immediately. He also allowed roads to the seaside resort, which was subject to a mandatory evacuation, to reopen.
(Reuters) - Massachusetts' state treasurer on Wednesday blasted an online-gambling bill backed by Senate Majority Leader Harry Reid, saying the proposed federal law threatened the Massachusetts lottery that last year yielded nearly $1 billion in profits.
MOONACHIE, N.J. (Associated Press) Atlantic City's casinos have power, but they won't be opening up again until a few other hurdles are cleared.
With New Jersey Governor Chris Christie lifting evacuation orders in Atlantic City, casinos were expected to re-open in the coming days. All operators report nominal damage, mostly to their roofs.
On Thursday it was also revealed that The Borgata Casino’s $393.5 million of 9.875 percent notes due August 2018 have fallen 2.25 cents on the dollar since the largest tropical storm in the Atlantic slammed the East Coast on Oct. 29.
FRANKFORT, Ky. (Associated Press) — Democratic Gov. Steve Beshear said Wednesday he appointed his chief Republican rival in the Legislature to a judicial post because he was the best qualified applicant for the job, not because getting him out of the way would improve the chances of legalizing casino gambling in the state.
Beshear, in his first public comments since appointing Senate President Davis Williams circuit judge in southern Kentucky, said he had a responsibility to pick the best person for the job.
Nine men have been arrested in South Florida for their connection into a massive gambling operation that targeted youth football games in the region.
The 18-month investigation actually got underway thanks to ESPN.
(Reuters) - Hurricane Sandy has silenced the thousands of slot machines and high-rollers who normally crowd the black jack and roulette tables of Atlantic City, but the resort's casino companies wager they could be back in business within days.
The storm that swept up the East Coast of the United States on Monday made landfall near Atlantic City, ripping up several blocks of its famous boardwalk and tearing roofing off casinos and hotels.
Online Gaming Software Company Generated At Least $2.3 Million in Profits
Category 1 Hurricane Sandy made landfall just south of the United State’s second largest casino destination of Atlantic City Monday evening. The damage is expected to be significant with much of the city under water. Portions of Atlantic City’s famed boardwalk was also swept out to see.
Robert Hubbell, a spokesman with Cantor Gaming in New York, told the Las Vegas Review Journal that Sportsbook Director Michael Colbert was no longer an employee with Cantor Gaming.
The next big boom in advertising, according to a report released by industry trade publication Ad Age, it’s online gambling.
With poker sites already legalized in the state of Nevada with a federal measure now drafted by political power players Harry Reid and Jon Kyl, Ad Age predicts that some $4 billion will be spent on the online gambling sector over the next five years. That's more than General Motors spent in U.S. advertising in 2011.
The French Euromillions site was hacked and defaced with notations suggesting its “sinful” nature.
From the Register:
A group identifying itself as the “Moroccanghosts” hacking crew posted messages decrying the lottery as the work of the devil in both French and Arabic after breaking into the euromillions.fr website.
A verse from the Koran was also cited throughout.
The online gambling licensing jurisdiction of Alderney does not want to take any chances following last summer’s debacle with Full Tilt Poker. On Monday it was announced they will now commence an intensive investigation into PinnacleSports.com.
As Hurricane Sandy prepares to make a direct impact on the United States second largest gambling destination, Atlantic City, Gambling911.com has your ongoing coverage of all the latest news right here.
The storm strengthened overnight with winds up to 85 mph. All casinos are closed.
With Hurricane Sandy potentially making a direct hit on the United States second largest gambling destination, mandatory evacuations were ordered for Atlantic City's casinos.
Emergency officials said Sunday afternoon's low tide looked similar to that of a typical high tide.
"We have to play the hand we've been dealt and unfortunately this is a bad hand," Mayor Lorenzo Langford told the Associated Press on Sunday.
What is being billed as potentially the storm of the century had the United States second largest gambling destination of Atlantic City right in its path.
Hurricane Sandy had been briefly downgraded to a tropical storm before becoming a hurricane once again early Saturday afternoon. Current models have the storm making a direct impact on Atlantic City.
On Saturday morning, New Jersey Governor Chris Christie declared a state of emergency as the storm moved up the East Coast.
Cleveland (Associated Press) — A new northeast Ohio casino is reaching out to gamblers of Asian descent with events tailored to Asian tastes and hosts that handle tasks for those bettors — including arranging for complimentary meals or hotel stays.
Michael F. Orlando testified for a second day at the trial of alleged mobster Joseph Ligambi.
Orlando came out this week as a government informer where he testified that he owed a small debt to Ligambi.
The Sportsbook Director for Cantor Gaming, Michael Colbert, has been released on $50,000 bail Friday.
Colbert, 32, was one of 25 individuals charged with conspiracy, money laundering and enterprise corruption in connection with a $50 million sports betting enterprise with ties to Pinnacle Sports in Curacao.
Colbert is scheduled to appear Monday in Las Vegas Justice Court.
The founder of one of the most successful sports betting posting forums, MajorWager.com, has passed away.
Russ Hawkins, 47, of Guelph, Ontario, was killed in a plane crash Thursday afternoon after a float plane he was piloting plowed into trees at the edge of Puslinch Lake in Ontario, Canada.
OPP Insp. Scott Lawson, commander of the Wellington County detachment, said there were two men aboard the aircraft. The second individual was transported by ambulance to a local hospital with non-life threatening injuries.
The Gaming Control Board in Nevada is now focusing on possibly regulatory violations against Cantor Gaming following the arrest of its Sportsbook Director Michael Colbert on Wednesday.
WESTBROOK, Conn. (Associated Press) — Online gambling is making regulation more difficult, luring children to gambling and introducing new types of problem gambling, a British researcher told a conference on Thursday.
Mark Griffiths, professor of gambling studies at Nottingham Trent University, told a few hundred participants at a conference sponsored by the Connecticut Council on Problem Gambling that technology will make gambling more accessible as gamblers turn to online sites and avoid casinos.
The NYPD announced the arrest of 25 individuals tied to a sports betting ring that netted some $50 million since the start of 2011. One of those individuals, George Molsbarger, has donated millions to various charities over the years. So sad indeed.
The defense in what is anticipated to be a months long Philly Mob trial claims that supposed “threats” made against two cooperating witnesses were nothing more than “talk” with no acts of actual violence.
In a statement issued by Curacao-based Pinnacle Sports, the company has denied any of its officials have been arrested as part of a massive nationwide sting operation that netted the Sportsbook Director of the M Resort, Michael Colbert.
Queens District Attorney Richard A. Brown, joined by New York City Police Department Commissioner Raymond W. Kelly, Acting Assistant Director in Charge of the New York Office of the Federal Bureau of Investigation Mary E.
Michael Colbert, the Sportsbook Director for Cantor Gaming, was arrested early Wednesday morning in Las Vegas along with seven other individuals whose names have since been released. A total of 25 arrests were made nationwide Wednesday. The 259 page indictment charges these individuals with Enterprise Corruption, Money Laundering, Promoting Gambling and Conspiracy.
Jagajeet Chiba here for Gambling911.com and boy what a day, heh?
Mike Colbert, Director of Cantor Gaming’s sportsbook operations in Las Vegas, was arrested early Wednesday morning in connection with an investigation related to Pinnacle Sports out of Curacao.
As Nevada is set to begin legalizing online poker, it may also face a serious setback following news that M Resorts Sportsbook Director, Mike Colbert, has been arrested and charged on eight counts of conspiracy, money laundering and enterprise corruption.
Specifics of this arrest are forthcoming on Thursday 11 am ET as New York prosecutors are set to hold a press conference. The investigation is being conducted by the Queens District Attorney's Office, long notorious for going after operatives of offshore sports betting businesses.
As first reported on Gambling911.com Twitter Wednesday afternoon, there has been a series of arrests made in New York City and across the US related to sports betting and one of the individuals charged is none other than Mike Colbert, Sports Director for Cantor Gaming and Manager of M Resorts Race and Sports Book.
March Madness is almost here. Find out why it’s important for online bookies to have a premium platform for the upcoming basketball tournaments.