Gambling

Wizard of Odds Publishes Article on Casino Bonuses

Online betting information site Wizard of Odds has published their latest informational article related to the world of online gambling, as the site has released their “Bonus Hunting, Then and Now" guide.

Submitted by Payton on, May/04/2015

DraftKings NASCAR Rumors in Full Throttle Ahead of Indy 500

A Gambling911.com source has revealed that NASCAR will be the next professional sport to enter into a sponsorship deal with a daily fantasy sports company.  The leading suitor is said to be DraftKings.

One only needs to explore the NASCAR properties to notice how popular daily fantasy sports is becoming among race fans.

And this news should shock anyone who has been following NASCAR industry news in recent weeks. 

Submitted by Aaron Goldstein on, May/04/2015

Legends Sports Founder Convicted of Running $1 Billion Sportsbook

On one of the biggest betting days of the year, Legends Sports founder and father of 7, Bartice “Luke” King of Spring, Texas has been convicted of running a $1 billion sports betting enterprise.

Submitted by C Costigan on, May/03/2015

Sportsbooks Come Out on Top With Mayweather-Pacquiao Fight

It was billed as the “Fight of the Century” and certainly lived up to all the hype, at least where the gambling world is concerned.

BetOnline

Submitted by Aaron Goldstein on, May/03/2015

Mayweather vs Pacquiao Vegas Odds: Flood of Money Coming in on Pacman

Mayweather vs. Pacquiao Vegas odds were all over the map with early action coming in on Manny Pacquiao.

Submitted by Aaron Goldstein on, May/02/2015

Mayweather-Pacquiao Most Popular Bets: Fight Shatters Online Records

Carrie Stroup here with your Mayweather-Pacquiao fight most popular bets – those that were seeing the most wagering action at Sportsbook.ag.

Submitted by Carrie Stroup on, May/02/2015

Betting on the Mayweather Pacquiao Fight to Exceed $60 to $80 Million

Experts predict that betting on the much ballyhooed Mayweather Pacquiao fight will range between $60 and $80 million.  And that’s only in the state of Nevada.

Submitted by Tyrone Black on, May/01/2015

Current Line on the Mayweather-Pacquiao Fight: Wiseguy-Bookie Cat and Mouse

The current line on the Mayweather-Pacquiao fight as of Friday morning was coming in at -195 for Mayweather and +165 for Pacquiao.

Submitted by Tyrone Black on, May/01/2015

Verdict to be Rendered Shortly in Luke King Billion Dollar Sports Betting Case

A verdict was anticipated in the coming days in the case of Legends Sports founder Bartice “Luke” King, who is charged with running an online sportsbook for well over a decade that allegedly took in over a billion dollars.

BetOnline

Submitted by Gilbert Horowitz on, Apr/30/2015

Dutch Lottery Market Readies Itself for Change as Operators Prepare for Conference

AMSTERDAM  – Gaming In Holland - announced today, that representatives of the major operators of the State lottery, De Lotto and the National Postcode Lottery, shall be debating pending regulatory changes in the lucrative Dutch lottery market at their June conference.

Until recently, the Netherlands lotteries market was regulated by the Netherlands Gaming Control Board, but from April 2012 this responsibility is now with the Dutch Gaming Authority.

Submitted by Press Release on, Apr/30/2015

666Bet.com Making Some Payouts Following Disarray, Arrest

Some customers report receipt of payment from shuttered 666Bet.com following anxious weeks of waiting. 

The company has addressed the issue further by advising that customers will now need to open Skrill accounts in order to request withdrawals.

We are aware of the problem with pending withdrawals from March and are working a resolution to return balances to customer accounts asap.

Submitted by Aaron Goldstein on, Apr/29/2015

G911 World Exclusive: Sponsor of Louisiana Fantasy Sports Bill Predicts Easy Passage

BATON ROUGE, La. -- The State of Louisiana has always been an "anything goes" sort of place, what with its liberal drinking laws, myriad casinos and 24/7 Mardi Gras atmosphere.

But, strangely, one of the things that doesn't "go" in the Bayou State is wagering on fantasy sports.

Although Federal law legalizes fantasy sports wagering nationwide and deems it not a form of gambling but a contest of skill, individual states still have the final say on whether they think it's gambling and whether they want to allow it within their state borders.

Submitted by Thomas Somach on, Apr/29/2015

Betfair Account Recovery System Flaws Raise Alarms

Betfair, Europe’s largest betting exchange, has reassured its customers that it is fixing issues uncovered with its account recovery system.

A major security flaw was detected by users in recent days.

From the Register:

Submitted by Aaron Goldstein on, Apr/29/2015

Poker Site Owner DFS Critique: ‘Like Crack Dealer Warning About Fen Phen’

Many a daily fantasy sports player has taken issue with Americas Cardroom CEO Phil Nagy’s recent critique about the dangers of the Daily Fantasy Sports (DFS) sector.PokerFuse.com interviewed Nagy recently, who warned that many of these new daily fantasy sports websites will likely go under by year’s end and players wrongfully believe that most are regulated.  They are not.

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Submitted by Aaron Goldstein on, Apr/28/2015

Eilers Research to provide the State of the Industry at the Daily Fantasy Sports Expo

New York, NY--Ticonderoga Ventures, Inc. announces that Eilers Research will speak at the Daily Fantasy Sports Expo ( www.fantasysportsexpo.com ) on August 6-7, 2015 at the Miami Beach Convention Center.

Submitted by Press Release on, Apr/28/2015

Gambling Addicted Sons of True-Crime Writer Ann Rule Charged With Theft

Two sons of true-crime writer Ann Rule have been charged with allegedly stealing thousands of dollars from their ailing 83-year-old mother to help fuel their drug and gambling addictions.

Rule is the writer of over twenty crime books including “The Stranger Beside Me” about serial killer Ted Bundy.

Submitted by Jagajeet Chiba on, Apr/28/2015

Fantasy Sports Not Just an American Fad: Becoming Huge in Europe

LEEDS, England -- Wagering on fantasy sports isn't becoming a big thing just in the United States.

It's also getting huge internationally, especially in Europe.

One of the main reasons for the popularity of fantasy sports is that it's tailored to the local market and the local sports culture.

In the USA, fantasy sports thrive on football, basketball, baseball and hockey.

In Europe, it's all about soccer.

Submitted by Thomas Somach on, Apr/27/2015

Ex-Wife of Wynn Won’t Stay on Board of Wynn Resorts

LAS VEGAS (Associated Press) — Elaine Wynn failed Friday to win re-election to the board of Wynn Resort Ltd. — the casino-hotel company she co-founded with ex-husband Steve Wynn — a development that ended a feud over the issue.

Shareholders who had to decide between re-electing Elaine Wynn or agreeing with a company recommendation to re-elect two other sitting board members ultimately sided with the company.

Submitted by Associated Press on, Apr/27/2015

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Submitted by Adm1n on, Apr/27/2015

Judge Recuses Himself From Gambling Homicide Case

SPRINGFIELD (Associated Press) - A judge is recusing himself from the case of a former school superintendent accused of killing a Springfield couple who police say refused to lend the man $250,000 to cover gambling debts.

The Springfield News-Leader reported that retiring Greene County Judge Dan Conklin announced Friday that he is stepping away from Mark Porter's case. Meanwhile, Porter's attorney, Dee Wampler, is seeking to withdraw from the case.

Submitted by Associated Press on, Apr/27/2015

Finding your way around online gambling

Online gambling has been an Internet phenomena ever since 1995, when the first online casino launched featuring 18 games, what may seem silly now was groundbreaking back then. Rapid growth ensued shortly thereafter, resulting in a vast expansion of online casinos and Sportsbook web sites – individually and combined. The industry grew to over tens of billions in profits, and not surprisingly so, placing bets at the convenience of your home at a time where the Internet was hitting its stride was quite a desirable quality of life transformation. 

 

Submitted by Payton on, Apr/27/2015

China Targets Gambling Mecca Macau in Latest Corruption Crackdown

(Reuters) - China's fight against corruption has spread to the world's largest gambling hub, the former Portuguese colony of Macau, where seven people including government officials are being investigated for graft, including accepting bribes.

The developments are in stark contrast to last year, when no high-profile officials were questioned about bribery, according to the website of Macau's Commission Against Corruption. The commission did not immediately respond to a request for comment.

Submitted by Reuters on, Apr/27/2015

Jimmy Vaccaro: Vegas Derby Record Could be Set Thanks to Mayweather-Pacquiao

Oddsmakers in Vegas aren’t just anticipated huge action on this weekend’s highly anticipated fight between Floyd Mayweather, Jr. and Manny Pacquiao.  The Kentucky Derby is happening that very same day (May 2) and at least one oddsmaker believes that fight could help to set Derby betting records.

Submitted by Don Shapiro on, Apr/27/2015

FanDuel Gets Naming Rights on Floyd Mayweather Trunks

The world leader in daily fantasy sports, FanDuel.com, announced this week it has purchased the naming rights to none other than Floyd Mayweather’s trunks.  He will have them on full display during his highly anticipated May 2 bout with Manny Pacquiao.

As part of the deal FanDuel will award six tickets to the welterweight fight at the MGM Grand in Las Vegas.

Submitted by Aaron Goldstein on, Apr/25/2015

Goodell Addresses Daily Fantasy Sports, Gambling and the NFL

NFL Commissioner Roger Goodell addressed the Associated Press Sports Editors group Friday on a number of topics, including daily fantasy sports and the role gambling may play in the National Football League (NFL).

In particular, Goodell referenced a number of sponsorship deals between individual NFL franchises (and other professional sports teams) with daily fantasy companies the likes of DraftKings and FanDuel.

From the Canadian Press:

Submitted by Gilbert Horowitz on, Apr/25/2015

Diddy and Mark Wahlberg Place $250K Bet on Mayweather-Pacquiao Fight

Over the past 24 hours, two of the entertainment industry’s richest men – music mogul P. Diddy and actor/producer Mark Wahlberg – have placed a $250K bet on the much ballyhooed Mayweather-Pacquiao fight (May 2). 

Diddy is back Mayweather while Wahlberg is all over PacMan. 

Submitted by Don Shapiro on, Apr/25/2015

Iowa Casino Doesn’t Have to Pay 87-Year-Old Grandma $41 Million Jackpot Error

IOWA CITY, Iowa – (Associated Press) - When an 87-year-old Illinois grandmother bet a quarter in an Iowa slot machine in 2011, she thought she'd hit it big. The screen said: "The reels have rolled your way! Bonus Award - $41797550.16."

Submitted by Associated Press on, Apr/24/2015

BetMayor Casino Complaints: Gambling Company Confiscates $51,000 From Player

A player has reported that BetMayor Casino has confiscated $51,000 in winnings after that individual went on a two-month hot streak, winning 87% of the nearly 40,000 hands.

Submitted by Jagajeet Chiba on, Apr/24/2015

William Hill Reports Record Weekly Loss in January

The United Kingdom’s biggest bookmaker revealed it lost £14m in January after a series of what it referred to as "customer-friendly" football results. 

BetOnline

Shares were down 3.3 percent in Thursday’s midafternoon trading as a result.  Some of that was recovered by Friday.

Submitted by Aaron Goldstein on, Apr/24/2015

Gambling911.com Founder Chris Costigan to Speak at Daily Fantasy Sports Expo

New York, NY--Ticonderoga Ventures, Inc. announces that publisher Chris Costigan of the leading gambling news site Gambling911.com will be speaking at the first ever Daily Fantasy Sports Expo

(www.fantasysportsexpo.com ) on August 6-7, 2015 at the Miami Beach Convention Center.
 

Submitted by Press Release on, Apr/23/2015

Breaking News

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