Gambling
FanDuel Ads Debut on CNN During Big Breaking News Day
FanDuel, the world’s largest Daily Fantasy Sports site, began airing ads on CNN Wednesday for the first time, our sister site DFS911.com reports.
The FanDuel ad claims players can win $1 million with just a $5 entry. The firm received $250 million in fresh investment money earlier in the month and planned to use these funds for contests and marketing.
Paddy Power, Betfair to Merge by 2016: Become Europe’s Top Gambling Venture
(Reuters) - Betfair and Irish rival Paddy Power have agreed in principle on a 5 billion pound merger to stake a claim to leadership of the online gambling market in Britain.
Crackdowns in Chinese Gambling Hub Macau Continue With 17 More Arrests
HONG KONG (Reuters) - Police in the global gambling hub of Macau have arrested 17 people this week after raiding pawn shops thought to be easing the illicit flow of money from China, whose slowing economy is prompting authorities to try and curb capital flight.
Unsolved Mysteries of the Gambling World Part 1: The Cantor Curse?
When one thinks of Cantor Gaming, the first thing that might not come to mind is the tragic events of 9-11 when two planes were flown into New York’s World Trade Center buildings. Those buildings ultimately collapsed and 2,996 lost their lives.
Federal Ban on Sports Betting Upheld by Appeals Panel
ATLANTIC CITY, N.J. (Associated Press) — The federal ban on sports betting in all but four states was upheld Tuesday, dealing a blow to New Jersey's latest effort to expand gambling options to help its struggling casinos and racetracks.
But the 2-1 ruling by a panel of the 3rd U.S. Circuit Court of Appeals in Philadelphia left the door open for New Jersey to further appeal the matter to the full court.
Cyber Terrorism Strikes Major Horse Betting Site Xpressbet
Xpressbet, one of the largest U.S.-based online horse racing betting sites, disclosed this week that they were the latest victim of cyber terrorism.
The attack occurred Saturday August 22, considered the biggest day of the week for horse racing in the United States. It was also the day of the all-important $1 Million TVG Pacific Classic (gr. I) from Delmar.
How Bitcoin Works
What is Bitcoin? How do they work? Why they are gaining so much popularity? These are some questions which come into mind when we talk about Bitcoins. Bitcoins are a form of currency which is decentralized. Means that Bitcoins are crypto currency and government does not regulate them nor any financial institutions are involved. Bitcoins are preferred by most of people; the reason being it does not require any paperwork and long formalities like presenting ID proof and other documents as we need to open a bank account.
Caesars Entertainment to Pay $20 Million to Settle Anti-Money Laundering Lapses
Caesars Entertainment has agreed to pay $20 million to settle U.S. charges related to anti-money laundering lapses, it was revealed this week.
From the St. Louis Post-Dispatch:
DraftKings Teams Up With Bad Boy Dan Bilzerian: Let Them Eat Unicorn Cake
One of the behemoths in Daily Fantasy Sports, DraftKings.com, has decided to team up with one of poker’s most colorful characters, Dan Bilzerian.
Bookies Behaving Badly Part 2: This Cross Dresser Once Feasted on Cocaine
There is a bookie in Costa Rica who was one of the first to settle there at the time this Central American nation was becoming a haven for the world’s sharpest bookmakers. He had a secret that didn’t stay a secret for very long....nor did he seem to try to conceal it.
He was a bookie behaving badly.
Shocking Mob Funeral: ‘You Conquered Rome, Now You’ll Conquer Paradise’
It was a funeral like no other: flowers thrown from a hovering helicopter, horse drawn carriages and “Godfather’ songs blaring from speakers. You would have thought it was a wedding.
Mourners were left horrified at the funeral of Italian mobster Vittorio Casamonica, 65, a marginal member of the local Casamonica family. Now the Mayor of Rome, where the observances took place, wants to know how this could have happened.
Malta Changes Online Gambling Policies in Light of Recent Raids, Scandal
The Maltese Government will begin to embrace new policies pertaining to its lucrative online gambling sector following a series of arrests and controversies.
Malta last year requested an opinion from the European Court of Justice pertaining to the Manipulation of Sports Competitions but have now decided to take on a different approach.
From Online-Casinos.org:
Judicial Watch Files Lawsuit Against DOJ Over Wire Act Opinion
The right-wing watchdog group Judicial Watch has filed a lawsuit against the Department of Justice, claiming it has failed to cooperate with a Freedom of Information Act (FOIA) request filed last year.
Macau Gambling Stocks Plunge 40 Percent First Half of Year: Dow Drop 530 Points
The Macau gambling sector has taken a major hit over the past six months with shares plunging by as much as 40% across the board.
Oklahoma State Senator Who Stole $1.8 Mil Resigns: Recovering Gambling Addict
TULSA, Okla. (Associated Press) — A two-term Oklahoma state senator admitted in federal court Thursday that he stole $1.8 million from the nonprofit agency where he worked and filed a false tax return.
GVC Holdings Once Again Increases Offer for Bwin.party: Talks ‘Very Positive’
(Reuters) - British online gambling company GVC Holdings Plc may increase its offer for rival Bwin.party Digital Entertainment Plc for a third time, a source close to GVC said on Thursday.
The source said GVC and Bwin had been in talks over the past week and that Bwin's response had been "very positive".
The talks centred around synergies between the two companies, according to the source, who declined to be identified because the matter is confidential.
How Not to Get Screwed by Your Pay Per Head Service
For those bookies and agents looking to avoid being screwed by their Pay Per Head service, there are a number of steps that should be followed prior to the selection process.
Jared Fogle Future Betting Off Limits But NFL Player Arrests Wagers are Available
Many folks have been inquiring as to when online gambling sites intend to begin offering betting odds on Jared Fogle, the longtime former Subway spokesperson who plead guilty Wednesday to charges of distributing child pornography and illicit sexual conduct with a minor.
Real Time Fantasy Sports Imminent Claims ESPN
ESPN.com this week reveals that real time fantasy sports isn’t just a fantasy, it’s imminent.
They should know. The sports media group last month entered into a multi-million dollar partnership deal with one of the largest Daily Fantasy Sports sites DraftKings.com.
China Arrests 15,000 on Suspicion of Cybercrimes, Including Gambling
BEIJING (Associated Press) — Chinese police have arrested 15,000 people on suspicion of cybercrimes as the government tightens its control over the Internet, the Ministry of Public Security said Tuesday.
Ben Affleck Former Nanny Takes Private Jet Trip to Vegas With Boss, Tom Brady
The former nanny of “Batman” star Ben Affleck reportedly took a trip to Las Vegas with her boss and New England starting quarterback Tom Brady.
The proof appears on Christine Ouzounian’s four fingers, each of which is fitted with one of Brady’s Super Bowl championship rings. The photo was obtained exclusively by the New York Post.
New Video Set to Expose Sheldon Adelson, US Presidential Hopeful Lindsey Graham
A new video is set to premier on The Tim James Show which looks to expose the hypocrisy of casino magnate Sheldon Adelson and his push to prohibit online gambling.
Adelson is the brainchild behind legislation introduced by South Carolina Republican Senator and U.S. Presidential hopeful Lindsey Graham as well as Utah Republican Representative Jason Chaffetz.
PayPerHead.com Extends Their Insane Summer Promos Due to Popular Demand
Payperhead.com today have announced that they are extending their popular summer promotion until September 10th.
Forbes: How Wall Street Money Transformed Online Gambling
On Monday, Forbes.com put out a report describing how activist Wall Street investor Jason Ader has transformed the face of online gambling in recent years.
Footballer Dominic Matteo Declares Bankruptcy, Amasses £1mil in Gambling Debts
A former Liverpool and Leeds footballer Dominic Matteo has declared bankruptcy after accumulating more than £1million in gambling debts.
The news comes after an insolvency service in Yorkshire obtained an order against Matteo, who admitted to having a gambling problem back in 2011.
DraftKings Obtains UK Gaming License: Appoints Former Bwin.Party Exec as CIO
In a press release issued Monday morning, one of the world’s leading Daily Fantasy Sports sites, DraftKings, announced it had obtained a gaming license in the United Kingdom and plans to go live by the 4th quarter of this year.
Phil Ivey Strong Case Against Casino: Admits It Destroyed Suspect Cards
ATLANTIC CITY – (Associated Press) - A New Jersey casino destroyed playing cards involved in a lawsuit against a professional gambler it says cheated it out of $9.6 million, but only as part of its routine business practices and before it knew of the alleged scheme, according to a legal filing Friday.
Mob Rat Turns Dog Trainer for Disabled Vets
Mob rat Salvatore (Sammy Bull) Gravano, now serving 20 years in prison on a drug conviction, is attempting to get his sentenced reduced by training dogs for disabled vets.
The former Gambino underboss, now 70, had his attorney Thomas Farinella present papers in Brooklyn Federal Court to demonstrate the good work he has done while in prison.
Man Admits Bringing Counterfeit Chips to Casino Then Flushing Them Down Toilet
ATLANTIC CITY, N.J. — (Associated Press) - A man admitted Thursday that he brought millions of dollars in counterfeit poker chips to use in a casino's poker tournament, a scheme that was uncovered when he clogged a pipe by flushing the chips down the toilet in his hotel room.
Corner Bookie Could Become Extinct Like the Dodo Bird Thanks to Augur
The local corner bookie may soon be gone thanks to the fall introduction of Augur. And it’s not just the local bookmaker who needs to worry. Vegas and the online operators have something to fear as well.
What’s Augur?
