Gambling
BukBuk.com Next Generation Daily Fantasy Site to Debut August 1: $250K Giveaway
Referring to itself as the “next generation gaming with more transparency, more controls, and more ways to monetize your fantasy sports experience than ever before,” a new Daily Fantasy Sports site BukBuk.com is set to debut August 1, 2015. BukBuk.com will also be giving away $250,000 to coincide with its launch.
Bukbuk says it has pre-registered in excess of 15,000 active daily fantasy players to assist in beta testing the system.
Former NHL Player Pleads Guilty in Wagering Case
A former Buffalo Sabre player, Nathan Paetsch, has plead guilty Monday in a U.S. District Court in Rochester to transmitting wagering information and structuring transactions in such a way to evade reporting requirements. He had been facing up to seven years in prison.
Per the plea agreement, Paetsch will serve probation that involves eight months of home confinement and 400 hours of community service. Paetsch has also agreed to forfeit assets such as a $76,941 BMW X5 and $265,000 cash.
Hidden Notebook Reveals Pete Rose Gambled on Baseball as a Player Too
(Gambling911.com News Wire) – Shocking revelations surfaced on Monday that disgraced former Major League Baseball player turned manager, Pete Rose, not only bet on Baseball as a manager but also did so as a player.
eSports Online Gambling Site Unikrn About to Close on ‘Major’ 2nd Round of Funding
Speaking to SBC News Sam Cooke on Monday, Rahul Sood, co-founder of eSports online gambling site Unikrn, revealed his firm is about to receive another round of secured funding.
Firefighter Sues Drug Companies: Claims Medication Made Her Gamble
ANDERSON, Ind. (Associated Press) — A former Indianapolis firefighter is suing two drug companies in federal court, saying they knew a medication she was prescribed could cause compulsive gambling but failed to act.
Kathryn Gillette is representing herself in the lawsuit that seeks $42 million in damages from Ridgefield, Connecticut-based Boehringer Ingelheim Pharmaceuticals and New York-based Pfizer Inc. The lawsuit was filed June 11 in the U.S. District Court for the Southern District of Indiana.
Latitude360.com Becomes First Chain of Fantasy Sports Restaurants: Buys PlayMLF
Today, Latitude360 (LATX) (www.latitude360.com), the “ultimate upscale multi-dimensional entertainment eatery,” continues to embark on a nationwide expansion by acquiring Major League Fantasy (MLF) (
Paper Wants ‘Insane’ Indicted ‘Sports Tout to the Stars’ Secret Defense Unsealed
Indicted sports betting tout, Adam Meyer, reportedly has a secret he does not want revealed and the Court will maintain this secrecy, according to the Milwaukee Journal Sentinel.
Bwin.Party Sells World Poker Tour to Ourgame for $35 Million
(Gambling911.com News Wire) – Struggling Bwin.Party has sold its tournament arm, World Poker Tour, to Ourgame for US$35 million, Rueters revealed on Monday. The sale was classified as debt free and payable in cash.
Ourgame is a Hong Kong-listed social gaming company with interests across Asia and a market capitalisation of approximately HK$5.7 billion (US$733m).
Under the terms of the transaction, bwin.party will continue to sponsor various WPT events and television shows in both the United States and Europe until 31 December 2016.
Kahnawake Indians to Take Control of Sports Interaction Amidst Political Torpor
The Mohawk Council of Kahnawake earlier this month announced its intention to begin operating its first online gambling licensee, Sports Interaction. That company was originally founded in Dublin, Ireland and operated for a brief period in the Dominican Republic before relocating to the Kahnawake Reserve in Quebec, Canada.
NBA Assistant General Counsel: Gambling is More Accepted Today
In an article appearing in today’s Pittsburgh Tribune-Review, NBA officials have conceded it is only a matter of time before sports betting becomes legalized in most US states.
Two NYC Police Officers Attacked, Injured Trying to Break Up Gambling Party
(Gambling911.com News Wire) - Three individuals were arrested in the Bronx on charges of felony assault, resisting arrest and disorderly conduct after attacking two police officers early Saturday morning.
The attack occurred at an illegal gambling party. Police responded just before 1 am to break up the event. Upon their arrival, they saw three men gambling and drinking open bottles of Hennessy.
SidePrize.com The Answer to Both Traditional and Daily Fantasy Linkage
With the launch of Atlanta-based SidePrize last week, there is now a way for players to enjoy both worlds of Fantasy Sports: Traditional and Daily.
Clinton Portis Facing Six-Figure Tax and Gambling Debts
(Gambling911.com News Wire) - Former NFL running back Clinton Portis is facing a serious tax fine and potentially jail time should he fail to enter into an installment agreement with the IRS. Portis allegedly failed to pay $401,432.18 in federal income taxes in 2006, and he allegedly failed to pay $57,187.61 in federal income taxes in 2010.
The colorful one-time Redskins player also allegedly incurred a debt to the MGM Grand Hotel in Las Vegas of $287,178.56 last month. That’s not exactly going to help with paying off these tax fines.
Daily Fantasy Sports Businesses Must Be Classified as Gambling Sites in UK
(Gambling911.com Fantasy Sports Wire) - An interesting dilemma has arisen with news that Daily Fantasy Sports powerhouse DraftKings recently submitted an application with the United Kingdom Gambling Commission. Their intent was not immediately known but the presumption is that DraftKings will one day like to be regulated in the United Kingdom. After all, rival FanDuel.com was actually founded in the UK.
But this is an industry that is working hard to present itself as providing an activity not deemed to be gambling.
Bo Jackson to Host Home Run Derby for FanDuel Fantasy Sports Players
(Gambling911.com Fantasy Sports News Wire) – 1989 All-star outfielder and 1990 Pro Bowl running back Bo Jackson is set to host a home run derby in Las Vegas for 90 lucky FanDuel Daily Fantasy Baseball players.
The derby is a prelude to the $1 million World Fantasy Baseball Championship, which FanDuel, the world’s largest Daily Fantasy Sports site, will be hosting at the Cosmopolitan of Las Vegas Hotel and Casino August 22.
Jackson is expected to hand out the check to the winner at the conclusion of the event. – Aaron Goldstein, Gambling911.com
UGA Bookies Are Finance, Economics Majors: Felony Warrants Issued in Athens
(Gambling911 News Wire) – Two University of Georgia students have been charged with running a lucrative commercial bookie business on the campus. Authorities issued felony warrants following an investigation that started in November when UGA police received a hot tip.
Named in the warrants are Max Richard Braun, 22, and Brad Kirschner, 21, neither of whom were arrested as of Friday morning. Braun is also wanted for alleged cocaine possession.
Playtech Raises 227 Million for Acquisition of Forex Trading Platform
(Reuters) - British online gaming company Playtech Plc said on Thursday it had raised 227 million pounds ($361 million) through a share placement to help fund its purchase of forex trading platform owner Plus500 and other potential deals.
The company placed 29.05 million shares, representing about 10 percent of its current share capital, with institutions via an accelerated bookbuild. The shares were priced at 780 pence each.
Shares in the company were down 2.3 percent at 789.50 pence at 1335 GMT on the London Stock Exchange.
Mob Hitman Among Those Guilty in ‘Operation Heat’ $2 Bil Gambling Case
A Mob hitman currently serving life-plus-10 years in a New Jersey state prison has now pleaded guilty to another racketeering case authorities termed “Operation Heat”.
Martin Taccetta was charged in a 1993 Mob hit involving the golf club beating death of a Toms River, New Jersey car dealer, Vincent J. “Jimmy Sinatra” Craparotta. Taccetta is among six Lucchese crime family members who pleaded guilty Wednesday to running an illegal sports wagering outfit that took in at least $2.2 billion in bets.
Forbes is Speaking at the First Ever Daily Fantasy Sports Expo
(G911 Fantasy Sports Wire) - Joining the likes of CBS Sports, AlphaDraft, Vulcun, Shamrock Investments, FanWars and more, Gambling911.com can reveal that Forbes will be speaking at the first ever Daily Fantasy Sports Expo in Miami Beach this coming August 6-7.
Influential New York Lawmaker Opposes RAWA Online Gambling Prohibition
Online gambling just got itself a powerful new ally in New York. J. Gary Pretlow who chairs the Racing and Wagering Committee of the New York State Assembly.
He just wrote a letter to the state’s congressional delegation expressing his opposition to a bill that would ban most forms of online gambling at both the federal and state level.
Six Lucchese Crime Family Members Plead Guilty in Sports Betting Ring
Six men tied to New York City’s Lucchese crime family entered guilty pleas Thursday morning in connection with running a multi-billion dollar gambling enterprise.
The men were indicted in 2010 following a 15-month investigation that uncovered the ring, revealing an estimated $2.2 billion in wagers had been placed over that period.
How I Started Using Betting Sites in the UK
I have a confession to make – until recently, I knew absolutely nothing about sports. Sure, I kicked a ball around with my friends on the street and all, but I have never actually watched football. I never quite got it, as to me it just seemed like a bunch of guys running around a field for an hour and a half. What's so exciting about that, right? After moving to the UK, though, I found that my habits had to change.
Pennsylvania Online Gambling Won’t Happen for At Least Another Year
(G911 News Wire) - Should Pennsylvania legislators vote to allow online gambling in the state, actual play is not likely for at least another year. This is what gaming official told a Senate panel on Wednesday. The proposal calls for existing land-based casinos, for which there are around a dozen in the state, to license the online gambling sites.
DraftKings British Open Millionaire Maker Announced as US Open Contest Sold Out
(G911 Fantasy Sports Wire) - DraftKings.com has announced that the PGA Millionaire Maker for the US Open is now sold out. With a small number of satellites still going, DraftKings was allowing tickets to be converted to DK dollars or an entry into the British Open Millionaire Maker on July 16, 2015. The British Open is commonly referred to as just The Open. It is one of the most wagered on events in the UK.
Contest details appear below. Drafting for this event was not yet available on June 17.
David Simon Creating New Series About The Mafia, 70’s Porn Scene
(G911 News Wire) - The Mafia and porn. Sounds titillating. Both will take center stage in a new series being developed by David Simon (“The Wire”, “Treme”). It is being billed as a show about 1970’s Time Square before it got taken over by Disney. Back then it was one of the seediest places on Earth. Porn was everywhere. The Mob often controlled it. Simon is teaming up with his writing partner from both aforementioned shows, George Pelecanos. An air time is not yet known.
Gambler Who Bribed Players to Fix University of Toledo Games Sentenced to Six Years
DETROIT (Associated Press) — A rogue Detroit gambler who bribed players to fix the results of University of Toledo games was sentenced to nearly six years in prison Tuesday for corrupting college sports and committing other crimes.
U.S. District Judge Mark Goldsmith said he would reluctantly accept a sweeping plea deal that capped Ghazi "Gary" Manni's prison sentence at 70 months.
BetEagle Sportsbook Defendants Sentenced to Prison: Owner Awaits Sentencing
A Bayonne, New Jersey man accused of racketeering conspiracy that pertained to what authorities says is an online sportsbook run by the Genovese Crime family has been sentenced to 22 months behind bars.
Eric Patten, 38, and Dominick J. Barone, 45, of Springfield, New Jersey were both sentenced Tuesday in Newark. Barone is looking at an 18-month prison term.
Patten and Barone previously pleaded guilty before District Judge Claire C. Cecchi to separate charges of one count of racketeering conspiracy.
Betfair Shares Plummet 3 Percent Following Ratings Changes
Online gambling firm Betfair falls c.3 pct, one of the top percentage losers on the FTSE-250 mid-cap index after reporting results.
The company posted a better than expected rise in FY profit, led by strong revenue growth and a big surge in new customers but falls in early trading but a series of downgrades resulted in the share plunge Wednesday.
Panmure Gordon cut its rating to "hold" from "buy" citing higher valuations while Numis Securities also raised concerns over valuations and additional duties in the UK and Ireland downgraded to "sell" on June 5 )
‘White Power Prison Gang Saved My Life’ Says Ex-NBA Ref: Shaved Head for Cause
A former NBA referee sentenced to prison for gambling on games claims that a White Power gang saved his life while in prison. Tim Donaghy, who served 15 months behind bars, made the stunning revelations this week to TMZ.com.
“It was a matter of me surviving and getting the f–k outta there,” he said.
Man Who Made Vegas Into Gambler’s Paradise Kirk Kerkorian Dead at 98
(G911 News Wire) - Kirk Kerkorian, a billionaire who helped transform Las Vegas into a gambling empire, has died at the age of 98. Kerkorian passed away in Los Angeles Monday from undisclosed causes. Born into an Armenian family in Fresno, California, Kerkorian immersed himself in several industries that include airline travel, Hollywood motion pictures and the auto sector. His fortune last year was estimated to be at $4 billion.
