Cantor Gaming Director Michael Colbert, PinnacleSports Owners Indicted

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.

Submitted by C Costigan on, Oct/25/2012

The Ironies Associated With The ‘Cantor Gaming – Pinnacle Sports Arrests’ are Many

Jagajeet Chiba here for and boy what a day, heh?

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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. 

Submitted by Jagajeet Chiba on, Oct/24/2012

Mike Colbert Arrest a Black Eye for Nevada Gaming Control Board

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. 

Submitted by C Costigan on, Oct/24/2012

Sportsbook Director for Cantor Gaming, M Resorts Arrested in NYC: Faces 8 Charges

As first reported on 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. 


Submitted by C Costigan on, Oct/24/2012

Brennan Jr: Harry Reid Likely Eyeing Cyber Security Bill for Online Poker Measure

The Interactive Media Entertainment & Gaming Association ( founder Joe Brennan, Jr. believes that a reintroduced Cyber Security measure could be the vehicle for passing online poker legislation during the lame duck session. 

Brennan, Jr. tweeted: 

Bet this is the ‘must pass’ bill Reid will tack his poker bill to in Lame Duck; is it enough of a “must have” to work?

Submitted by Gilbert Horowitz on, Oct/24/2012

European Commission Action Plan for Online Gambling Published

Online gambling in the Internal Market - Frequently asked questions

Why is the Commission adopting an Action Plan on online gambling?

Online gambling services are both in demand and widely offered throughout the EU and the economic significance of the sector continues to grow. This process has so far proven to be largely independent from the level of restrictions imposed by individual Member States. Thus in 2008, four out of the five largest national online gambling markets in the EU were characterised by very restrictive regulatory models (Germany, Italy France, Sweden)

Submitted by Press Release on, Oct/23/2012

Philadelphia Mobster Wanted Frank Sinatra Dead

A high profile Mob trial began last Thursday in Philadelphia and on Monday we learn that reputed Mob 'boss' Joseph Ligambi wanted crooner Frank Sinatra dead for insulting him at a concert. 


Ligambi is charged with illegal gambling and extortion.

Submitted by Jagajeet Chiba on, Oct/22/2012

EU Unveils Online Gambling Mission

The European Union on Monday unveiled plans to improve safeguards for money laundering activities via online gambling websites.

The EU mission also looks to prevent match fixing while protecting players against fraud.

From Bloomberg News:

Submitted by Gilbert Horowitz on, Oct/22/2012

Critical Call Costs Bettors in Seahawks 49ers Game

Darren Rovell, now with ESPN, questioned a call Thursday night during a division meeting between San Francisco and Seattle that no doubt infuriated a large number of bettors, unless of course you happened to be on the other side of this situation. 


From Rovell:

Submitted by Don Shapiro on, Oct/19/2012

Illegal’ Family Gambling Exploits Raised During Tierney, Tisei Debate

BOSTON (Associated Press) — Democratic U.S. Rep. John Tierney and his Republican challenger Richard Tisei butted heads on health care, gun control and the controversy surrounding the illegal gambling business operated by Tierney's brothers-in-law in a feisty televised debate.

The two candidates in Massachusetts 6th Congressional District tossed charges and countercharges in the 25-minute match Thursday on NECN.

Submitted by Associated Press on, Oct/18/2012

Lose a Bet, Rob a Walmart

A Tennessee couple have been charged with robbing a Walmart after Brandon Lee Henry lost a bet on his beloved Vols.  The girlfriend assisted in stealing $756 worth of goods to pay off the $150 lost bet (fuzzy math, we know). 


Submitted by Jagajeet Chiba on, Oct/18/2012

Philadelphia Mobsters Go on Trial Thursday

Opening arguments will begin Thursday in the racketeering trial of reputed mob boss Joseph “Uncle Joe” Ligambi and six others.  The trial is expected to last for up to 12 weeks. 


A final group of alternative jurors were selected on Wednesday.

Submitted by Gilbert Horowitz on, Oct/17/2012

New Jersey Attorneys Set to Grill the NFL Head Roger Goodell, NBA Commish David Stern

John Brennan of revealed Wednesday afternoon that New Jersey attorneys will begin to depose leaders of four professional sports leagues and the NCAA.


Those to be deposed include the likes of the NCAA’s Mark Emmert plus the NFL’s Roger Goodell, the NBA’s David Stern, MLB’s Bud Selig, and the NHL’s Gary Bettman.

Submitted by C Costigan on, Oct/17/2012

Christie Spokesperson Elaborates Further With Response to NCAA Pullout

“Ludicrous,” is what a Governor Chris Christie spokesperson called the decision by the NCAA late Monday to pull 2013 championship games out of New Jersey.  The NCAA objects to the state’s intentions to allow legalized sports betting. 


Submitted by C Costigan on, Oct/17/2012

Christie, Brennan React to NCAA Pulling Games Out of New Jersey: ‘Ludicrous’

New Jersey Governor Chris Christie did not mince words Tuesday when he referred to the NCAA’s decision to pull some championship games out of the Garden State as “ludicrous”. 


The NCAA is reacting to New Jersey’s decision to move forward with legalizing sports betting in the state.  It will begin accepting application from potential operators on January 6.

Submitted by C Costigan on, Oct/16/2012

New Ruling on Mass. Gambling Tribe

BOSTON, Mass. (Associated Press) - Gov. Deval Patrick calls "very frustrating" the federal government's rejection of a casino compact the state had reached with the Mashpee Wampanoag tribe.

Patrick told reporters on Monday that he planned to reopen negotiations with the tribe but offered no timetable on when a revised compact might be completed.

Submitted by Associated Press on, Oct/16/2012

NJ Schools Express Outrage Over NCAA Decision to Pull Games

New Jersey school officials were fast to react to the NCAA’s decision to pull scheduled championship games because of the state’s pursuit of sports betting.  


Submitted by Gilbert Horowitz on, Oct/16/2012

NCAA Will Not Hold Championship Games in New Jersey Due to Gambling Effort

The NCAA has announced it will be withdrawing a number of 2013 Playoffs and Championship games from the state of New Jersey.


The NCAA has filed a lawsuit in an effort to stop the state from moving forward with plans to allow sports betting.  

From USA Today: 

Submitted by Dan Shapiro on, Oct/16/2012

Casino Table Games Up 15 Percent in PA

PHILADELPHIA — (Associated Press) - Gross revenue from table games rose 15.4 percent last month compared to the same period a year ago, state gambling regulators reported today.

The state's 11 casinos generated $59.3 million in gross revenue from table games in September, an increase from $51.4 million during the same period a year ago, according to Pennsylvania Gaming Control Board revenue figures. Last month's numbers include $2.9 million generated at Valley Forge Casino Resort, the state's newest casino, which opened in March.

Submitted by Associated Press on, Oct/15/2012

New Jersey to Begin Issuing Sports Betting Licenses in January

Despite legal opposition from four professional sports associations, including the National Football Association (NFL), New Jersey is forging ahead with licensing of sports betting operations beginning January, it was revealed on Monday.


Submitted by C Costigan on, Oct/15/2012

1st Anonymous Juror Chosen for Philadelphia Mob Trial

(Associated Press) - The first juror selected for a Philadelphia mob trial is a former Teamsters member who was a crime victim in her teens.

The FBI investigation involves alleged mob activity since about 1999, when former boss Joey Merlino went to prison.

Prosecutors say acting boss Joseph "Uncle Joe" Ligambi has led Philadelphia's La Cosa Nostra since then.

The case mostly involves illegal gambling and loansharking in Pennsylvania and New Jersey, and there's little violence alleged.

Submitted by Associated Press on, Oct/15/2012

Pro-Gambling Governor Doesn't Ensure New Hampshire Will Get Casino

CONCORD, N.H. (AP) — Public policy experts estimate that New Hampshire could net more than $50 million a year if it builds a casino in the southern part of the state. Tim Moore puts his share at about $1,500.

Submitted by Associated Press on, Oct/14/2012

Online Gambling Western Union Scam Alert

The Off Shore Gambling Association this week posted a warning about a Western Union scam the online gambling community needs to be aware of.


Submitted by C Costigan on, Oct/12/2012

Redskins Players Now Voice Support for Gambling Expansion in Maryland

As reported by last week, the Washington Redskins have endorsed a plan that would see gambling expansion in the state of Maryland in the form of a new casino Prince George's County.  This support comes despite the fact that the National Football League (NFL) expressly condemns any form of gambling promotion associated with the league. 


Submitted by C Costigan on, Oct/12/2012

Paddy Power to Create 600 New Jobs in Dublin

Ireland’s biggest bookmaker, Paddy Power, is expanding and creating 600 new jobs along the way.

The posts are in areas such as e-commerce, technology, social media, research, risk management and online marketing, according to a report filed by Thursday.    

The company currently employs over 2100 people and has added 190 new jobs already since the start of the year.

Submitted by Aaron Goldstein on, Oct/11/2012

Sports Bettor Turns $80 Into $10,000 With 8 Team Parlay at

For all of us who love and bet on sports and parlays, you always have that feeling that you are always just one play away from a nice payday.  We have all hit the 3 and 4 teamers, but as you turn the corner for home on the 6 and up team parlays they start to become a bit more elusive.  Even the best handicappers like to throw a large parlay in the mix just for the heck of it from time to time.  Winning one of these big parlays can be a life enhancing event to say the least, and the driving force behind hitting the submit button versus the longer odds.

Submitted by Don Shapiro on, Oct/11/2012

Massive $1 Billion Gambling Ring Busted in Israeli

Israeli police on Thursday announced the arrests of 44 people in connection with a $1 billion gambling and crime ring. 

Predawn raids commenced in the cities of Tel Aviv, Bat Yam, Holon, Rishon, LeZion and other cities across the Middle Eastern nation. 

From Yeshiva World

Submitted by Gilbert Horowitz on, Oct/11/2012

Actor, NFL lineman Once at Center of Gambling Probe Dead

DETROIT (Associated Press) — Alex Karras was a man of many roles.


Fearsome NFL defensive lineman. Lovable TV dad. Hilarious big-screen cowboy.

And in the end, a dementia victim who blamed the NFL for his illness along with thousands of former players in lawsuits accusing the league of not doing enough to protect them from the long-term effects of head injuries.

Submitted by Associated Press on, Oct/10/2012

South Point Poker Gears Up for Real Money Gambling This Fall: Now Hiring

South Point Poker is hoping to become the first real money online poker site based in the United States to begin taking bets. noted Wednesday that the company was actively seeking out software developers, graphic artists and customer service reps and supervisors via its website’s “Job Openings” section. 

Submitted by Aaron Goldstein on, Oct/10/2012

Help Wanted: Online Gambling Live Betting Traders Needed

Live Betting Traders

A leading online sportsbook is looking to fill several part and full-time Live Trader positions. Both remote (from home) and in-office (Central America) positions are immediately available.

Job description:

Live Traders manage the live in-game odds of various sporting events, while balancing the monetary win/loss exposure.

Necessary skills:

Submitted by Press Release on, Oct/10/2012

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