Many businesses have shut down because operators failed to do the proper accounting of the money they thought the company had brought in.
John Brennan of NorthJersey.com 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.
“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.
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.
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.
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.
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:
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.
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.
(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.
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.
The Off Shore Gambling Association this week posted a warning about a Western Union scam the online gambling community needs to be aware of.
As reported by Gambling911.com 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.
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 rte.com Thursday.
The company currently employs over 2100 people and has added 190 new jobs already since the start of the year.
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.
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:
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.
South Point Poker is hoping to become the first real money online poker site based in the United States to begin taking bets.
CardPlayer.com 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.
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.
Live Traders manage the live in-game odds of various sporting events, while balancing the monetary win/loss exposure.
Maryland wants to woo its residents to the polls and vote for gambling expansion next month. To date, $35.7 million has been spent by both supporters and opponents of a proposed new casino at the National Harbor in Prince George’s County. State residents have been inundated with more gambling ads than those airing for the US Presidential race.
There is certainly a bit of irony in Maryland’s desire to expand gambling in the state.
CHICAGO (Associated Press) - The Illinois Gaming Board says video poker machines have been activated at 65 bars, restaurants and other locations throughout Illinois.
The board released a statement Tuesday announcing the long-anticipated start of video gaming. It says it's processing license applications for more than 2,200 other establishments, including fraternal organizations and truck stops. Each site must undergo a background check.
Sir Allen Stanford is the next reputed con artist to be featured on CNBC’s must watch series “American Greed”.
Episode 67: Allen Stanford: The Dark Knight will air Wednesday, October 10th 10p | 1a ET. Check your local listings for repeats.
The world’s largest “real money” online poker room has made an equity investment in London’s newly opened Hippodrome Casino.
As part of the deal, Stars will offer the Hippodrome its own online poker room at a future date. PokerStars will also refurbish and re-brand the poker deck at the Hippodrome, becoming home to a series of new tournaments.
Guy Templer, group strategy director for PokerStars, said, “The Hippodrome has dramatically raised the quality bar for the UK casino industry.
MANCHESTER, N.H. (Associated Press) — A former deputy county attorney in New Hampshire will not be charged after he was accused of using his work email inappropriately to talk about fantasy football.
New Hampshire Attorney General Michael A. Delaney said Monday that the state Department of Justice has completed its investigation of Ross McLeod, a former assistant Hillsborough County attorney, on allegations of illegal gambling, electioneering and tampering with witnesses and informants.
Last night’s Monday Night Football game was the 666th and this fact was not lost by the devoutly religious Tim Tebow, backup quarterback of the New York Jets.
Prior to his team hosting the Houston Texans Monday night, Tebow tweeted about this little known factoid.
An Austrian High Court has ordered that an online casino based out of Malta to pay back $1 million euro in losses to a gambler after ruling the website did not have a proper license to operate.
MONTGOMERY, Ala. — (Associated Press) - A federal judge has pushed back the date Country Crossing casino developer Ronnie Gilley has to report to prison to allow him more time to recover from surgery.
Gilley was supposed to report to prison Tuesday. Gilley's attorneys had requested an extension that would stretch past Christmas. The U.S. Justice Department said it was fine with extending the reporting deadline to Nov. 5 to allow Gilley to be treated at his own expense rather than Bureau of Prisons. U.S. District Judge Myron Thompson approved that date Friday.
PHILADELPHIA (Associated Press) — A New Jersey man has pleaded guilty in a Philadelphia mob case to charges he participated in an illegal gambling and health benefits conspiracy.
Federal prosecutors say 45-year-old Caldwell, N.J., resident Louis Fazzini pleaded guilty Friday to participating in a racketeering conspiracy involving illegal gambling and theft from an employee benefit plan.
The Nevada Gaming Board has temporarily approved applications filed by Boyd Gaming and Station Casinos to operate online poker rooms within the Silver State.
The Nevada Gaming Commission will take up the matter Oct. 18 to determine final long-term approval.
LONDON (Reuters) - Three footballers have been charged with serious rule breaches after an investigation into suspicious betting activity by the British Horseracing Authority (BHA), the governing body said on Thursday.
Farah Master, Reuters News
(Reuters) - Gambling revenue in Macau rose a weaker-than-expected 12.3 percent in September, indicating China's slowing economy is increasingly hurting the appetite of wealthy mainland gamblers to place bets in the world's largest casino market.
September's revenue at 23.87 billion patacas, announced by the Macau government on Thursday, was the second weakest revenue figure this year.
Miami's Luis Calvo has won the 2017 World Series of Poker's Event #49, $3,000 Pot-Limit Omaha 6-Handed and the $362,185 that came with it.