Three Australian employees of Crown Resorts could be released from a Chinese jail within months after being handed nine and 10-month sentences for gambling related offences in a Shanghai court.
Bill Would Make Betting on Outcome of Single Sporting Event Legal
Mike Colbert, the former executive from Cantor Gaming who ran sportsbooks like those at the M Resort, was expected to plead not guilty later this month for his involvement with an illegal sports betting ring that netted some $50 million. Colbert was charged with eight counts of conspiracy, money laundering and enterprise corruption.
With a referendum passed on Election Day for expanded gambling in Maryland, Caesars has announced plans to build a high-end casino in Baltimore with its Horseshoe brand.
Caesar’s bills the Horseshoe as home of the best odds, highest limits and biggest jackpots. The Horseshoe brand is offered in six markets, including Cleveland.
72-year-old Mobster Giuseppe “Joe” Di Maulo was shot to death in his own driveway earlier this week in what may signal the end to a bloody crime family war, or could result in further bloodshed.
ANNAPOLIS, Md. (Associated Press) — Once reluctant to embrace large-scale gambling, Maryland is now on track to potentially become a major casino state on the East Coast, after voters decided to allow Las Vegas-style table games at six casinos, including one next to the nation's capital.
CARSON CITY (Associated Press) — State officials say Nevada gambling revenues were up more than 3 percent in September compared with the same month a year ago. The Nevada Gaming Control Board reports a gambling win of $893 million for September.
Officials also say casino revenues for July through September are up almost 6 percent compared with the same quarter in 2011.
The European online gambling market is growing, and the UK is leading the way, reports Belle Rock Entertainment. However, H2 Gambling Capital figures forecast rapid growth in Italy, France and Spain that could leave the UK lagging behind.
LAS VEGAS (Associated Press) - Nevada gambling regulators are seeking discipline against a Las Vegas bar where state and local agents reported seeing customers performing sex acts in view of other customers.
The state Gaming Control Board on Thursday submitted to the Nevada Gaming Commission a nine-count complaint against Las Vegas Eagle owner Judy R. Nelson.
The commission could hold a hearing or both sides could negotiate a settlement.
One of the industry’s most prominent online poker rooms, Carbon Poker, has dove head first into the sports betting market. The new brand is CarbonSports.ag and a lot of people are beginning to take notice.
CBS WJZ reported Wednesday morning that gambling expansion as part of a voter referendum has passed in the state of Maryland.
Question 7 passed with 52 percent approval.
When all was said and done, $87 million had been spent on the gambling expansion initiative. This is more money than was spent on the last Governor race.
“It’s gonna be more jobs, construction jobs, long-term jobs in the hospitality industry, but it’s also gonna mean more dollars for Maryland schools,” said Lt. Gov. Anthony Brown.
(Associated Press) - Hordes of Chinese high rollers flooding into Macau have turned the city into an Asian casino boomtown, but they're also posing a challenge for China's next generation of leaders.
Nearly every favorite won! Nine out of thirteen. The Vegas sportsbooks were calling it a “slaughter”.
And you can blame all those parlays.
Yesterday's game of the Falcons vs Cowboys having a late cover caused affiliates to loose millions. The late cover resulted in several sportsbooks in Vegas and online seeing the biggest single day loss they have seen for over 8 years. On the other hand this was a day of celebration for thousands of NFL bettors. Sadly the joy is not shared by the bookies who took the big hit.
Disgraced former NBA referee Tim Donaghy was set to attend his first NBA game since serving a prison stint for gambling on games he officiated.
Donaghy, it turns out, is now a sports handicapper.
Bunker Mode, which is looking to become a leader in worldwide mobile sports gaming, has just introduced a new social sports betting app, High Limit Sports.
Legal experts in the social gambling space will add their opinions to the Social Gambling Conference on November 16th at Dexter House, London.
(Associated Press) - The CEO of MGM Resorts International said Friday that if Maryland voters agree Tuesday to expand legalized gambling, his company would build a luxurious and architecturally unimposing casino and hotel near the nation's capital, not a blocky neon-lit behemoth.
"There would be zero neon, and no marquee sign," said Jim Murren, MGM Resort International's chief executive officer, outlining his plans for a building that he says would respect the environment next to the Potomac River in Prince George's County.
ANNAPOLIS, Md. — (Associated Press) - Opponents of expanding gambling in Maryland have filed a lawsuit saying a majority of registered voters in the state would need to approve the proposal, not just a majority of people who vote on the ballot question.
Thomas Dernoga, an attorney representing eight plaintiffs who oppose a casino in Prince George’s County, filed the lawsuit in Annapolis on Friday.
Dernoga says the plaintiffs want the courts to review the threshold required for approval of the ballot question.
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.
With 14 World Series of Poker bracelets under his belt, Phil Hellmuth is looking to improve on his record when he comes back to the table Monday night.
Nathan Gamble defeated the 830-player field of the $15K Pot Limit Ohaha Hi-Lo event to win his first ever WSOP bracelet and $223,339 Sunday night.