Gambling

UK Online Gambling Tax Could Backfire

The United Kingdom is proposing a point of consumption tax on online gambling of 10 percent that could force current operators offshore. 

In anticipation of this tax, William Hill conducted its own study and found the following, a la the Telegraph:

Submitted by Gilbert Horowitz on, Jan/04/2012

New Jersey State Senator Raymond Lesniak Not Wasting Time With Online Gambling Move

Following his success at getting a referendum to pass legalizing sports betting in the state this past November, State Senator Raymond Lesniak was quick to jump on the Internet gambling bandwagon even before most of us were through nursing our New Year’s Eve hangovers.

Submitted by C Costigan on, Jan/03/2012

American Tribal Casino Industry: DOJ Stance No Big Deal

The US Department of Justice decision not to apply online poker to The Wire Act had the Indian Tribes greeting the news with a shrug of the shoulders, claims Gail Courey Toensing of the Indian Country News.   

Toensing referenced Indian gaming expert Joe Valandra.

Submitted by Aaron Goldstein on, Jan/02/2012

Bookmaker Denise Coates Receives Queen’s New Year’s Honors for Good Deeds

Bookies can be good people too.  Denise Coates, founder of Bet365 in Great Britain, has been awarded the prestigious Queen’s New Year’s Honors for 2012.

Ms. Coates was honored for her community service work.

Her father, Peter, had this to say about Denise and what she has meant to the Bet365 firm, which is currently the biggest private sector employer in Stoke-on-Trent:

"We are all delighted and all proud of her.

"She has done an absolutely amazing job for bet365, building it up from scratch.

Submitted by Gilbert Horowitz on, Jan/01/2012

Las Vegas Hotel Rates January 2012: South Point $51 Per Night

It’s a little nippy in Las Vegas this time of year, but the Las Vegas hotel rates for January 2012 are super hot.  Case in point, the four-star South Point Hotel has slashed its average night rate from $64 to $51 during the first two weeks of the month. 

Most of the four-star Strip hotels were running $59 and up.  The Hard Rock was at $60 per night while the MGM was $109 per night.

Submitted by Payton on, Dec/31/2011

888 Holdings Among Biggest Surging Stocks on London Exchange Thursday

888 Holdings ranked among the biggest moving shocks on Thursday in the wake of a US Justice Department decision whereby the Wire Act will no longer be applied to online poker.  The new stance opens the door for individual US states to begin legalizing Web card rooms.  888 Holdings currently operates the world’s 4th largest online poker site and has entered into a partnership agreement with Caesars Entertainment.  The state of Nevada has already approved intrastate Web poker. 

Submitted by Gilbert Horowitz on, Dec/30/2011

Gambling News: Bill Will Allow Pari-mutuels to Become Casinos in South Florida

Revisions to a bill that would bring destination casinos to South Florida would now allow for existing pari-mutuels like racetracks and jai-alai frontons to become full fledged casinos.

Sen. Ellyn Bogdanoff, R-Fort Lauderdale, sent fellow Florida legislators a draft of tweaks to her bill, based on feedback gleaned from two major workshops held on the issue in Tallahassee, she said.

Submitted by Gilbert Horowitz on, Dec/29/2011

Top Gambling Stories of 2011 Revealed and Daring Predictions

Gambling911.com has compiled its list of the top 10 stories in gambling for 2011.  Few of our regular readers will be surprised as to what story tops the list.  Additionally, we attempt to offer a few predictions for 2012. 

Submitted by C Costigan on, Dec/28/2011

SOPA is the End of Us Say Bloggers: TwoPlusTwo.com Could be Wiped Off the Web

Politico had an interesting read Wednesday morning on how bloggers believe SOPA will ultimately kill their business, not to mention those around them.  As Gambling911.com has been reporting, there is something truly ominous about this particular ACT and its far reaching consequences. 

Submitted by Alejandro Botticelli on, Dec/28/2011

Casinos in New York City: Bloomberg Offers His Support

Mayor Bloomberg on Tuesday offered his support for having casino gambling in New York City.

Governor Andrew Cuomo backs the idea of having casinos based in the Big Apple.

“Whatever he decides to do,” Bloomberg said of the governor in an interview with the Wall Street Journal, alluding to Cuomo’s potential plans, “we’ll be supporting him. I just want to make sure that if there is gambling, some of those revenues do come to New York City. We need the revenues as well, just like every other part of the state.”

Submitted by Aaron Goldstein on, Dec/27/2011

GoDaddy.com Gets Crushed by Supporting Domain Seizure Policy

GoDaddy.com, one of the largest registrars, has bowed to pressure from consumers and changed its support of the controversial Stop Online Piracy Act (SOPA).

Submitted by Alejandro Botticelli on, Dec/25/2011

Harrah's Atlantic City Pays Out Another $1M Poker Jackpot

(NewJerseyNewsRoom.com) A woman won $1 million on a $20 poker bet at Harrah's Resort in Atlantic City on Sunday. She became the second player in the casino’s "Three Card Poker 6 Card" bonus jackpot promotion, started September 26, to earn $1 million.

Submitted by C Costigan on, Dec/20/2011

Xmas Gifts We’d Like to See for Poker Players, Online Gambling Folks, Politicians More…

With Christmas just around the corner, Gambling911.com takes this opportunity to tell you what Christmas gifts we'd like to give to some of our friends in the gambling industry.

To Full Tilt Poker part-owners Howard "The Professor" Lederer and Chris "Jesus" Ferguson, who've been accused by the U.S. government of running a ponzi scheme: A "Get out of Jail Free" card.

Submitted by Thomas Somach on, Dec/18/2011

New Jersey Drops Online Gambling Provision From Sports Betting Bill

(Associated Press) - Lawmakers have dropped provisions in a proposed sports betting law that would have let state residents place bets from their home computers or smartphones.

Sponsors said the changes were necessary to keep Gov. Chris Christie from vetoing the bill like he did with a measure in March that would have made New Jersey the first to approve in-state online gambling.

The bill would still let people bet on sports at Atlantic City casinos and horse tracks around the state.

Submitted by Guest on, Dec/16/2011

38 Operators Granted Danish Gaming Licenses

A total of 38 operators have been granted online gambling licenses in Denmark.

The nation was one of the first to embrace Internet casino gaming during the late 1990’s and is home to some of the most successful poker pros.

PokerStars, Bwin, 888, Betfair and Unibet have all made the cut.

The new regulatory framework goes into effect January 1.

Submitted by C Costigan on, Dec/15/2011

German States Sign New Gambling Law

(Reuters) - Fifteen of Germany's 16 federal states gave their approval on Thursday (December 15) to a new gambling law which will open up 20 sports betting licences and introduce a 5 percent gambling sales tax.

State premier Peter Harry Carstensen of Schleswig-Holstein, the only state not to add its signature to the new law, told reporters it would still need approval from the European Commission.

But another premier, Reiner Haseloff of Saxony-Anhalt, said the approval of Brussels was expected.

Submitted by C Costigan on, Dec/15/2011

Bovada: The Hidden Meaning Behind Newly Branded Poker Site Revealed

Throughout the day, some of us who must not have better things to do with our lives were trying to figure out the meaning of the new Bodog rebranded Bovada.lv (which can actually be accessed from the .com address)

Submitted by Jagajeet Chiba on, Dec/14/2011

Hellinger Online Gambling Trial On Hold

The trial for Magazine Publisher and online gambling payment processor Don Hellinger has been put on hold with a yet-to-be-determined new date.  The trial was originally set to begin January 3, 2012.

Hellinger processed online gambling payments for a number of prominent i-Gaming ventures during the period 2005-2006 including now-defunct BetOnSports.com and Bodog.com, which has since become Bovada.lv. 

Submitted by C Costigan on, Dec/14/2011

No More Bodog.com in US: Hello Bovada.lv

In with Bovada.lv and out with Bodog.com.

Bodog.com has stopped accepting US customers as of Wednesday December 14, 2011.

While the company planned to pull the Bodog.com and .eu domain names from US reach while offering a rebranding alternative, the move comes a bit sooner than previously expected.

Submitted by C Costigan on, Dec/14/2011

Ongame Sale Unlikely to be Finalised by Year’s End

LONDON (SHARECAST) – Online gaming company Bwin.Party Digital Entertainment has reported a 'solid' performance since September, with its core margin for the full year set to be between 22% and 24%.

However, investors were disappointed by news that the sale of Ongame B2B is unlikely to be finalised before the end of the year despite being at an "advanced stage".

Submitted by Guest on, Dec/13/2011

Eastern PA Online Gambling Cold Case Gets Hotter as Trial Set for January 3

An online gambling payment processing case is reportedly set to go to trial on January 3, though a delay is possible. 

The US Attorney’s Office in Eastern Pennsylvania case involves processing for companies during the years 2005 and 2006, including the now defunct BetOnSports.com.  Companies that are still in existence today are also mentioned in the complaint, including Bodog.com, though they are not named as one of the defendants.    

Submitted by C Costigan on, Dec/13/2011

Miami Casino Won’t be the World’s Largest

It will be enormous, but not the world’s largest casino as previously suggested.  Casino giant Genting plans to build a sprawling casino complex in downtown Miami but the perceived enormity of the project has raised some concerns. 

“That’s simply false,’’ Christian Goode, Genting’s top Florida executive said during a panel discussion where the casino was referred to as the ‘largest casino on the planet’. “It’s not even close to being the largest.”

Submitted by Aaron Goldstein on, Dec/12/2011

Ontario Gets On Board Online Gambling Bandwagon

The Canadian province of Ontario has announced plans to allow legalized online gambling.

Government officials believe that the industry could bring in $100 million over a five year period.

Other provinces like British Columbia already allow Internet gambling for its residence via the Lottery.

“We want to . . . get this right the first time,” said lottery spokesman Tony Bitonti.

Submitted by Gilbert Horowitz on, Dec/10/2011

Introducing Oddsfutures.com, the Future of Sports Trading

Oddsfutures.com, the world’s first odds trading exchange, is the ideal way for sports traders to make money on a race - regardless of the result! This is because Oddsfutures.com is a unique marketplace which allows its customers to take advantage of fluctuations in betting patterns, rather than having to purchase a bet and await the outcome of the race.

Submitted by Guest on, Dec/08/2011

Antoine Walker Gets 5 Years Probation for Vegas Debt

LAS VEGAS — (Associated Press) - Former NBA star Antoine Walker was sentenced Tuesday to five years of probation and ordered to pay $770,050 in restitution to three Las Vegas casinos after pleading guilty to failing to repay gambling debts.

Walker and his lawyer declined to comment after his brief appearance before Clark County District Court Judge Valorie Vega.

Walker has repaid some of his Las Vegas casino debts since his arrest in July 2009 in Lake Tahoe, where he planned to play in a celebrity golf tournament.

Submitted by Guest on, Dec/07/2011

Joe Barton Okay With Online Poker Bill Being Attached to Deficit Spending Measure

There hasn’t been a whole lot of coverage of this week’s Washington, DC Digital Gaming and Lottery Policy Summit, but some of the heaviest hitters connected to online poker are in attendance including our friends at SouthPointPoker.com and the Congressman who has drafted a measure to legalize Internet poker in the US, Texas Republican Joe Barton. 

Submitted by Jagajeet Chiba on, Dec/06/2011

State Casino Legislation: New York, Florida and Massachusetts

Three states are looking to expand casino legislation:  New York, Florida and Massachusetts. 

New York Governor Andrew Cuomo expressed interest in allowing casinos throughout the state. 

From Crane’s Business

Submitted by Aaron Goldstein on, Dec/06/2011

MGM Files Trademark Infringement Suit Against Poker Sites

MGM Resorts International has filed suit in the U.S. District Court in Las Vegas this past Thursday against four individuals and two companies related to websites they claim infringe on their own trademarks.

Website domain names that are part of the suit include:

bellagioonlinepoker.com

circuscircuspoker.com

excaliburpoker.com

luxorpoker.com

mandalaybayonlinepoker.com

mgmpoker.com

ariapoker.com

Submitted by Aaron Goldstein on, Dec/05/2011

Churchill Downs Increases Its Annual Dividend by 20 Percent

(AP)  NEW YORK — Churchill Downs Inc. said Monday it will increase its annual dividend by 20 percent to 60 cents per share.

Submitted by Guest on, Dec/05/2011

Hells Angels Biker in Court Over Las Vegas Casino Shootout

By SCOTT SONNER

Associated Press

RENO, Nev. (AP) - A California member of the Hells Angels pleaded not guilty Thursday to second-degree murder for his role in the death of his chapter president in a September shootout in a Nevada casino.

Cesar Villagrana of Gilroy also pleaded not guilty to shooting and wounding two members of the rival Vagos motorcycle gang in the melee.

Submitted by Guest on, Dec/03/2011

Breaking News

 Choosing the top rated online casinos and playing safely

Choosing the top rated online casinos and playing safely

Choosing the top rated online casinos and playing safely is obviously one of the most important parts of modern online casino gaming.

East Coast La Cosa Nostra Enterprise Shock Evidence: Rat Who Wore Wire Revealed

46 reputed mobsters charged with extortion, gambling, gun-running, violent acts of retribution, loan-sharking and more were caught on both audio tape and video tape by the feds, according to reports.

Malta Aims To Regulate Daily Fantasy Sports Out of Europe

Malta set to become the first European country to specifically regulate DFS Malta’s gaming regulator will roll out a specific skill game licence