Gambling

NJ Men Arrested for Running Illegal Poker Games Tied to Russian Mob

Yugheshwar Rajkumar of Bergen County, New Jersey, has been taken into custody for his alleged role in running high stakes poker games tied to Russian organized crime. 

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The games were attended by Hollywood celebrities, athletes and high powered Wall Street executives, according to an indictment handed down on Tuesday.  

Submitted by Gilbert Horowitz on, Apr/17/2013

Youth Brutally Murdered for Protesting Gambling Racket: Genitals Cut

An Indian youth was brutally murdered for his role in protesting a gambling racket.

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The body of 20-year-old Subho Dhaki was found Tuesday morning at Shibtala in Dhulagarh, Howrah, under Sankrail police station.  His genitals had been cut and placed in his pocket.  Dhaki’s throat was also slashed.

Submitted by Jagajeet Chiba on, Apr/16/2013

Spiros ‘The Greek’ Athanas Released on $1 Million Bond

One of online sports betting’s most legendary bookmakers, Spiros “The Greek” Athanas, has been released on $1 million bond according to court documents.

Submitted by C Costigan on, Apr/16/2013

Legends Sports ‘Bookie’ to Remain Behind Bars: Deemed a ‘Fight Risk’

While three of four individuals arrested in Florida for their role in a massive multi billion dollar sports betting ring have been released on bond, one will remain behind bars.

Prosecutors claim Philip Gurian, 51, acted as a “bookie” out of his Boca Raton home on behalf of Panama-based Legends Sports.  The Sun-Sentinel reported Monday evening that Gurian had employees working for him in 10 different states and 6 countries.  He is charged with conspiracy to commit money laundering. 

Submitted by C Costigan on, Apr/15/2013

Ladbrokes Shares Plunge: Profit Warning Issued

LONDON (Reuters) - Ladbrokes , Britain's second largest bookmaker, warned investors it expected annual operating profit to fall this year after a poor performance from horse racing and online gaming in the first quarter.

Ladbrokes shares fell eight percent after the unscheduled trading statement, which dashed expectations that the company was turning itself around after problems with its online operations last year.

Submitted by Reuters on, Apr/15/2013

Private Equity Group Sports Betting Bill SB346 Advances in Nevada Senate

A bill to allow private equity groups to place large bets at Nevada sportsbooks has advanced in the state Senate with the Judiciary Committee amending and approving Senate Bill 346 this past Friday.

BetOnline

Submitted by C Costigan on, Apr/15/2013

Guns, Online Gambling Ensure Bitcoin Staying Power

As long as online gambling remains on the fringe of legality in nations across the globe, Bitcoin should emerge as a viable alternative currency for the industry as more operators come to embrace it.

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And then there are guns.

With US efforts to curb gun sales through expansion of background checks, Bitcoin suddenly becomes more attractive to gun sellers and buyers.

Submitted by Aaron Goldstein on, Apr/15/2013

B3W Group to Fix Security Flaw in Online Poker Software

B3W Group, based out of Malta, has announced it plans this week to fix a vulnerability recently discovered by two security experts.  The company produces turnkey online casino and poker solutions. 

B3W's software updates itself over an insecure HTTP connection. Updated files are stored without digital signatures, and ".exe" files are not verified before installation. They also found issues with how B3W's software stores passwords on a person's computer.

Submitted by Aaron Goldstein on, Apr/14/2013

Online Poker Attorney Jeff Ifrah Sued by Client: Claims He Cooperated With Feds

A big name attorney for the online poker and gambling industry, Jeff Ifrah, is being sued by one of his own clients for allegedly withholding information. 

Submitted by C Costigan on, Apr/13/2013

PlayOLG.ca Online Gambling Website to Launch in Ontario This Year

The Ontario Lottery and Gaming Corp (OLG) is set to launch its online gambling website, PlayOLG.ca, later this year.

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Casino and lottery type games will be offered to citizens of the province including those in its biggest city of Toronto.

Submitted by Aaron Goldstein on, Apr/12/2013

Hearing Delayed for Oklahoma Man Charged in Florida Case

ANADARKO, Okla. (Associated Press) - An extradition hearing has been delayed for an Oklahoma man indicted in Florida over an alleged illegal gambling ring.

Chase Burns is the owner of International Internet Technologies. He faces racketeering and conspiracy charges over several Internet cafes affiliated with Allied Veterans of the World.

Federal prosecutors allege the cafes are illegal casinos - and that those involved have been using the charity as a front for a $300 million gambling operation.

Submitted by Associated Press on, Apr/12/2013

Business as Un-Usual: Legends Sports Still Paying Out Within Hours

While no official statement has been issued by the betting company following Wednesday’s shocking wave of indictments by US law enforcement, a few customers of Legends.com (also found at www.legends.eu) have reported payouts within just a matter of hours on Thursday.

Submitted by C Costigan on, Apr/11/2013

Morgan Stanley: By 2020 Online Gambling Will be Bigger Than Vegas and AC Combined

Morgan Stanley upgraded Boyd Gaming’s stock to Overweight Thursday, sending its share price soaring. 

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Boyd, which is teaming up with bwin.party to offer online gambling in the US once regulation occurs, saw its shares climb 10.37% to $9.05.

Submitted by Aaron Goldstein on, Apr/11/2013

Former Sands Exec Details Deal Making in Macau

LAS VEGAS — (Associated Press) - During his second day of testimony, the former president of casino giant Las Vegas Sands detailed how the company gained its foothold in China.

William Weidner is one of the star witnesses in a breach of contract case brought by Hong Kong businessman Richard Suen.

Suen says he helped Sands win a gambling license in the Chinese gambling enclave of Macau.

Sands says it won entry to Macau on its own merits.

Submitted by Associated Press on, Apr/11/2013

Illinois Senators Talk Gambling Expansion: Worries Over Organized Crime

SPRINGFIELD — (Associated Press) - Illinois senators seeking to eliminate a major stumbling block to new casinos and slot machines in the state went toe-to-toe Wednesday with regulators who say expanded gambling could open the door to political corruption and organized crime.

Senate President John Cullerton invited representatives of the Illinois Gaming Board and the Chicago Crime Commission to appear before the Senate Executive Committee, saying he wanted to address criticism from both groups.

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Submitted by Associated Press on, Apr/11/2013

First Ever Online Gambling Affiliate Indicted for Recommending Website

In the first case of its kind, an online gambling affiliate based in the US has been named in an indictment for promoting an online sportsbook by simply recommending them.

Gregory “Patchman” Roberts was among 34 charged in a sweeping investigation into a sports betting operative, Legends Sports, which authorities claim had operatives based in both the US and in Panama.  Gambling911.com first broke the story Wednesday afternoon.

Submitted by C Costigan on, Apr/11/2013

Law Enforcement Used Skype Wire Taps in Sports Betting Probe Tied to Legends

Law enforcement utilized wire tapping of Skype conversations in an international offshore gambling probe that resulted in charges against principals of Legends Sports in Panama and others.

Submitted by C Costigan on, Apr/11/2013

Legends Sports: ‘All Players Funds Safe Following OKC Indictment’

The US Justice Department out of Oklahoma City filed a 96-page indictment against one of Central America’s oldest US-facing bookmaking operations.  Legends Sports and 34 individuals connected to the lucrative wagering business were charged with running an illegal sports betting ring, a story first broke by Gambling911.com.

Submitted by C Costigan on, Apr/10/2013

57 Charged With Operating Illegal Sports Betting Ring

From FBI Oklahoma Division….It is not immediately known if individuals arrested earlier in the day from Albany, New York were tied to this matter. Both men were charged with their role in an extensive sports betting ring with arrests that were taking place thoughout the country Wednesday.  This story is very fluid....

Head man of TheGreek.com also named in indictment.

Submitted by C Costigan on, Apr/10/2013

Breaking News: Sports Betting Agents Being Rounded Up Throughout Florida

Gambling911.com has learned that the Northern District of New York was in the process of rounding up sportsbook agents throughout the state of Florida and elsewhere.

Details were not immediately known, however, the indictments are currently under seal and G911 has been unable to obtain further information.

Submitted by C Costigan on, Apr/10/2013

Man, Woman Found Dead in Revel Casino Hotel Identified

ATLANTIC CITY, N.J. (Associated Press) - Authorities have identified a man and woman found dead last weekend in a hotel room at Atlantic City's Revel casino.

Vincent Iappelli Jr., 56, of Ringwood, and Clarissa DelCollo, 22, of Hasbrouck Heights, were found Sunday morning by a housekeeper in a seventh-floor room, said Atlantic City Police Sgt. Monica McMenamin.

Police do not suspect foul play, McMenamin said, adding that neither person had signs of trauma or visible signs of injury, but investigators found illegal narcotics in the room.

Submitted by Associated Press on, Apr/10/2013

Bodog Zone Features Faster Baccarat, Online Poker Product

The Bodog brand is set to launch a range of new products under the Bodog Zone moniker offering high-speed versions of the most popular online games including Baccarat and poker. In Asia, Baccarat is by far the biggest game played both on and offline but with complicated calculations between hands can be frustratingly slow.

Bodog’s new super-fast Baccarat has recently gone live in Asia via the Bodog brand’s Live Dealer casino. Zone Poker will launch later this year.

Submitted by Press Release on, Apr/10/2013

CakeBet.com Preparing to Launch BitCoin Online Casino

CakeBet.com, not to be confused with CakePoker.eu/Cake Gaming Whose banner appears below, is one of a handful of new BitCoin online casinos preparing to launch.

Cake Games

Submitted by Aaron Goldstein on, Apr/10/2013

Adelson Says ‘Zero’ Contributions Made by Suen to Get Macau License

Testifying for a third day Tuesday, billionaire casino mogul Sheldon Adelson, 79, insisted everything was on the up-and-up in obtaining a license in the gambling Mecca of Macau.

Richard Suen, a one-time business associate, claims that he is owed US$328 million for helping the company win a casino operating license from China back in 2002. 

When asked what contributions Suen made in getting the Las Vegas Sands license, Adelson responded “Zero”.

Submitted by Aaron Goldstein on, Apr/10/2013

Oh My God! Gambling Nun Admits Stealing $128k From Churches

(Associated Press) - A Roman Catholic nun with a gambling addiction has pleaded guilty to stealing nearly $130,000 from two rural western New York parishes.

The Daily News of Batavia reports  that 68-year-old Sister Mary Anne Rapp pleaded guilty Monday in Orleans County Court to grand larceny. She admits she stole the money from St. Mary's Church in Holley and St. Mark's Church in Kendall from March 2006 to April 2011.

Submitted by Associated Press on, Apr/09/2013

Couple Found Dead in Revel Hotel and Casino

A 56-year-old man and 21-year-old woman were found dead in a room at Atlantic City’s Revel Resort and Casino Sunday. Police have since ruled out foul play. 

The bodies were discovered on the 7th floor of the resort by a member of the housekeeping staff. 

There was no sign of forced entry into the room and neither body showed signs of trauma. 

Police have not yet revealed the identities of the individuals but have confirmed they are New Jersey residents.

Submitted by Gilbert Horowitz on, Apr/09/2013

Nevada Sports Betting Bill Would Allow Investment Groups, Syndicates

CARSON CITY, Nev. — (Associated Press) - Private investment groups could place sports wagers on behalf of investors under a proposed law in Nevada that would allow the state to reap millions of dollars in untapped revenue.

BetOnline

Submitted by Associated Press on, Apr/08/2013

Full Tilt Poker Former CEO Ray Bitar Pleads Guilty: Awaits Heart Transplant

The former CEO of Full Tilt Poker Raymond Bitar has plead guilty to money laundering and bank fraud.

Indicted on April 15, 2011 on what has become known as “Black Friday”, Bitar was facing significant prison time.

Bitar, however, remains hospitalized as he is about to undergo a heart transplant.

Submitted by C Costigan on, Apr/08/2013

Online Gambling in New Jersey has Already Generated $90 Million

John Brennan of The Record pointed out an interesting fact this past weekend. 

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New Jersey, which last month legalized online gambling, has already generated a massive windfall from the activity: $90 million to be precise.

Submitted by Aaron Goldstein on, Apr/08/2013

Oklahoma Cheyenne Tribe to Offer Real Money Online Gambling

The Oklahoma Cheyenne and Arapaho Tribes are set to go live with real money online gambling via their website PokerTribes.com this summer. 

So add Oklahoma to the shortlist of US states that will be offering real money online gambling, right?

Not so fast.

Submitted by Aaron Goldstein on, Apr/08/2013

Breaking News

Ex-Dean Foods Chairman With Ties to Billy Walters Gets 2 Years in Prison in Fraud Case

Ex-Dean Foods Chairman With Ties to Billy Walters Gets 2 Years in Prison in Fraud Case

A former Dean Foods chairman who admitted feeding inside information to an influential Las Vegas gambler has been sentenced in New York to two years in prison.

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