Gambling

Bally Reports Record 1st Quarter Profits

Bally Technologies, Inc. (BYI), a leader in slots, video machines, casino management, interactive applications, and networked and server-based systems for the global gaming industry, today announced record quarterly diluted earnings per share (“Diluted EPS”) of $0.93 and record quarterly revenue of $259 million for the three months ended March 31, 2013.

Submitted by Press Release on, Apr/29/2013

Canadian Government Caught Off Guard by Bitcoin Emergence

OTTAWA – (Canadian Press) - Canadians buying and selling an emerging digital currency are running afoul of established banks and operating in uncharted territory for financial regulators.

"The Canadian government doesn't know what a Bitcoin is, doesn't recognize the Bitcoin, and there's no regulatory agency that knows what a Bitcoin is," said Joseph David, the owner of VirtEx.

Submitted by Canadian Press on, Apr/28/2013

Michigan Lottery to Come Online Despite Opposition

LANSING — (Associated Press) - The Michigan Lottery sees the Internet as its new frontier for business, where more tickets can be sold and games can be played to ultimately pump more money into public schools.

Some lawmakers fear increased gambling addiction, debt and a hit to brick-and-mortar stores participating in the lottery.

Submitted by Associated Press on, Apr/27/2013

Everett Enters Into Agreement With Steve Wynn for Massachusetts Resort Casino

EVERETT, Mass. (Associated Press) — Las Vegas casino operator Steve Wynn would make $30 million in advance payments to the city of Everett and more than $25 million in annual payments once a proposed resort casino was open for business, under a host community agreement announced Thursday by Mayor Carlo DeMaria.

Submitted by Associated Press on, Apr/26/2013

More Internet Cafe Raids Reveal Gambling, Drugs, Booze

CBS13 in Sacramento has uncovered what appears to be an illegal gambling business at a local Internet café. 

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From CBS13:

Submitted by Jagajeet Chiba on, Apr/26/2013

Legends Sports - Where is My Money: The Latest Account Transfer Information

Gambling911.com isn’t sure whether all Legends Sports customers received an email detailing the transfer of their accounts (keeping in mind that many emails from offshore gambling sites end up in one’s spam folder then go on to get lost).  As many of you are finding the Gambling911.com website through search engines for terms related to Legends Sports, you’ll be happy to know we have the answer for you as to where your funds have gone.

Submitted by C Costigan on, Apr/25/2013

Borgata Hotel Unveils Online Gambling Plans

In March, New Jersey Governor Chris Christie signed a bill making online gambling legal in the Garden State and Atlantic City’s Borgata Hotel on Wednesday unveiled its plans to capitalize on this multi-billion dollar industry.

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Submitted by Aaron Goldstein on, Apr/24/2013

Equity Group Sports Betting Bill Clears Nevada Senate

A bill allowing private equity groups to place large wagers at Nevada sportsbooks has passed with a near unanimous vote on Tuesday.  Senate Bill 346 will now head to the Assembly for a vote. 

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Submitted by Gilbert Horowitz on, Apr/24/2013

Z Capital Partners Files Investor Presentation for Affinity Gaming Board

LAKE FOREST, Ill. -- Z Capital Partners, L.L.C. ("Z Capital"), a Chicago-based private equity firm and the largest shareholder in Affinity Gaming (the "Company" or "Affinity"), with over 30% of outstanding shares, today filed an investor presentation supporting its nomination of two highly qualified, independent candidates to the Affinity Gaming Board.

Submitted by Press Release on, Apr/24/2013

Schillinger had Questionable Past: Was Fugitive Right Up to ‘Suicide’

World Sports Exchange founder Steve Schillinger came under fire early on in his offshore gambling days.  This past weekend, one of online gambling’s pioneers was found dead in his Antigua condo, shot in the head, in a story first broken by Gambling911.com on Monday morning

Submitted by Jagajeet Chiba on, Apr/24/2013

888.com Expects Big Dividends From Online Poker in US by 2015

LONDON - (Reuters) - Gambling company 888 Holdings Plc expects to launch online poker in Nevada this summer and should start to see the full effects of more open U.S. markets from 2015.

Nevada, home to gambling centre Las Vegas, granted the London-listed company a licence last month and 888 is also seeking clearance to operate in New Jersey, another state where a ban on Internet betting is being lifted.

Submitted by Reuters on, Apr/23/2013

Will BuddyBet be the Next Social Online Gambling Phenom

Social gambling website BuddyBet has secured $3 million in funding from private investors.

BuddyBet lets buddies play against one another as opposed to playing against the actual website or a bookmaker.  The site itself focuses exclusively on sports betting but will move into other sectors in the coming months.

VentureBeat.com explains the BuddyBet concept:

Submitted by Aaron Goldstein on, Apr/23/2013

Colorful Characters Emerge in High Stakes Poker Case With Russian Mob Ties

NEW YORK — (Associated Press) -  It’s a case teeming with colorful characters: a reputed Russian mob boss once accused in an Olympic scandal, a wealthy art world impresario who hung out with Leonardo DiCaprio and a woman named Molly Bloom who gained a celebrity following by hosting them at high-stakes poker games.

Submitted by Associated Press on, Apr/23/2013

Foul Play Not Ruled Out in Shooting Death of WSEX.com Founder Steve Schillinger

Homicide detectives on the Caribbean island of Antigua have not ruled out homicide in the shooting death of World Sports Exchange (WSEX.com) founder Steve Schillinger. 

Submitted by Jagajeet Chiba on, Apr/23/2013

Foxwoods Inks Deal With GameAccount

Foxwoods parent company, the Mashantucket Pequot Tribal Nation, has inked a partnership deal with GameAccount Network as a means of pursuing legalized online gambling in the US.

Initially, the site will offer play-for-fun Web gambling. Other operators could ultimately join the Foxwoods network.

Submitted by Aaron Goldstein on, Apr/22/2013

Bet365 Named in Affidavits Tied to Criminal Complaint

Bet365 was recently mentioned in the affidavits supporting a criminal complaint filed against two individuals in the United States District Court for the Northern District of New York who are accused of money laundering connected with an Internet gambling operation. Bet365 was not named as a defendant, but the question remains; can a non-U.S. facing site be at risk for prosecution as a result of customers who obtain access to their sites through masked IP addresses?

Submitted by C Costigan on, Apr/22/2013

Legends Sports Defendant Spiros Athanas Helped Police Solve Brutal Murder

A man indicted for his alleged role in a massive sports betting ring actually helped US authorities capture a vicious killer, Gambling911.com can reveal.

Submitted by C Costigan on, Apr/22/2013

WSEX Founder Shoots Self in Head: Commits Suicide

World Sports Exchange founder Steve Shillinger killed himself late Saturday, it was learned by Gambling911.com.

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The company he founded was forced to shut down this past week as it was insolvent.

Shillinger shot himself in the head.

It was not immediately clear if the other two founders of WSEX.com, Hayden Ware and Jay Cohen, still had access to player funds.

Submitted by C Costigan on, Apr/22/2013

The Legends Sports WagerWeb Bailout Explained

A number of Gambling911.com readers have inquired as to the nature of a 5-time rollover requirement in order to withdraw funds from their Legends Sports betting accounts, which are now in the process of being transferred over to WagerWeb.  Good news, WagerWeb has informed Gambling911 that the rollver requirement is now 5 times (not 10). 

Submitted by Jagajeet Chiba on, Apr/21/2013

BetOnline Now Offering Skill Games: Online Dominoes, Yahtzee, Spades, More

BetOnline announced Saturday it will begin offering skill games as part of its extensive online gaming platform. 

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Submitted by Press Release on, Apr/20/2013

WagerWeb Takes Over Legends Sports Accounts: 5 X Rollover Required

Not exactly the most attractive deal in the world but WagerWeb.com is a good book and the situation could be far worse all things considered.  They have informed Gambling911.com that the rollover requirement for the Legends bailout is 5 x as opposed to the previously reported 10 x.  Good news for Legends customers indeed.

Submitted by C Costigan on, Apr/20/2013

World Sports Exchange Finally Shuts Its Doors: Sinisterly Apologies

After years of slow pays and no pays, one of the first online gambling websites has unceremoniously shut its doors.

World Sports Exchange is officially dead following 17 years in business.

Submitted by Jagajeet Chiba on, Apr/19/2013

Philadelphia La Cosa Nostra Capo Anthony Staino Pleads Guilty to Racketeering, Gambling

Anthony Staino, 55, of Swedesboro, N.J., pleaded guilty yesterday to participating in a racketeering conspiracy as a capo in the Philadelphia La Cosa Nostra (LCN) Family and committing loan sharking and illegal gambling.

Submitted by Press Release on, Apr/19/2013

Caesars Interactive Entertainment Seeks New Jersey Online Gambling License

Caesars Interactive Entertainment is the latest company to apply for an online gambling license in the state of New Jersey.

Submitted by Aaron Goldstein on, Apr/18/2013

Producer of Showtime’s ‘Ray Donovan’ Denies Wrongdoing in FBI Poker Sting

Bryan Zuriff, an Executive Producer for the upcoming Showtime drama “Ray Donovan” has denied any wrongdoing in connection to an FBI probe of high stake poker games and sports betting with ties to the Russian Mafia.

Submitted by Ace King on, Apr/18/2013

Massachusetts Online Gambling Bill Would Not Allow PokerStars, Full Tilt Poker

A measure to legalize online gambling in the state of Massachusetts includes a provision that would prevent wagering firms that engaged US citizens post 2006 prohibition from obtaining a gaming license. 

Among those companies that continued to accept business from Americans up until April 2011, PokerStars and Full Tilt Poker would be excluded under such a provision.  It should be noted that New Jersey and Illinois both contained similar language in their own Internet gambling legislation only to remove such a provision later on in the process. 

Submitted by Aaron Goldstein on, Apr/18/2013

Insurance Broker Used $1.9 Million of Clients Funds to Gamble Online

An insurance broker from Prudential has been indicted, charged with allegedly bilking his insurance clients out of over $1.9 million and using those funds to gamble online.

The indictment alleges that Daniel J. Trolaro, 34, unlawfully used the funds of nine clients to place wagers via the Internet from June 2008 through February of this year while employed at Prudential in East Hanover, New Jersey. 

Trolaro will not be arrested, however, he must appear before a judge in Morris County in the coming weeks. 

Submitted by Jagajeet Chiba on, Apr/18/2013

Ohio AG Unit Raids Internet Cafes Over Illegal Gambling

COLUMBUS – (Associated Press) - Early Wednesday afternoon, Ohio Attorney General Mike DeWine and Cuyahoga County Prosecutor Timothy J. McGinty were in Euclid and announced the execution of six search warrants on six separate internet cafes that are currently open and operating illegally in Cuyahoga County.

Three are owned by VS2 Software, the company that supplies the Video Lottery Terminals.

Submitted by Associated Press on, Apr/17/2013

Online Jackpot Games to Offer $2 Million at Cake Poker: Upgrades Blackjack

Popular online gaming site, Cake Poker (CakePoker.eu) has launched Jackpot Games, a selection of cash and Gold Chip buy-in casino and entertaining games that offer wins of up to $2 Million. In addition, Cake has launched an upgraded version of their BlackJack games with new, advanced features including auto play, speed settings and the inclusion of strategy tips.

Submitted by Press Release on, Apr/17/2013

Legends Sports to Shut Down: Will Transfer Accounts to Other Book

Exactly one week after indictments were handed down against 34 individuals tied to Panama-based Legends Sports, that long established sportsbook has made the decision to shut down.

Legends alerted customers via email that they were in talks with another top online sportsbook to have all accounts transferred.

Submitted by C Costigan on, Apr/17/2013

Breaking News

How the DFS Sites Are Doing: $3.2 Billion in Handle Over Past 12 Months

How the DFS Sites Are Doing: $3.2 Billion in Handle Over Past 12 Months

Legal Sports on Thursday provided a glimpse into how the Daily Fantasy Sports sector has performed over the past year, noting that the numbers are not broken down by operator.

Live Baccarat Online Reviews – What These Games Feature

Live Baccarat Online Reviews – What These Games Feature

Baccarat is one of the more entertaining of the online casino games available today and Live Baccarat makes the experience that much more fun, and hopefully rewarding. 

Phil Ivey Returns to Poker While Another Big Name Pro Retires

Phil Ivey Returns to Poker While Another Big Name Pro Retires

BREAKING NEWS! Phil Ivey has vowed to return to the poker scene, and hasn't lost his love for large field tournaments.