Gambling

Rochester Area Restaurant Owners Charged With Running Offshore Sportsbook

Three Rochester, New York area men have been indicted on 23 counts for their role in running an offshore sportsbook. 

Submitted by Gilbert Horowitz on, Jun/25/2014

New Jersey Starts Review of PokerStars Buyer Amaya Gaming

ATLANTIC CITY, N.J. (Associated Press) - New Jersey casino regulators have begun their review of a Canadian company that's buying the PokerStars online gambling website and hoping to get it licensed in Atlantic City by this fall.

The New Jersey Division of Gaming Enforcement says Amaya Gaming Group has begun submitting documents required for a determination on whether PokerStars can be licensed in New Jersey.

Submitted by Associated Press on, Jun/25/2014

Harrah’s Fined for Underage Drinking in AC

(Associated Press) - Two Atlantic City casinos have been fined a total of $66,000, with the bulk of the fines levied against Harrah's Resort Atlantic City for letting underage patrons gamble and drink.

Harrah's was fined $60,000 by the New Jersey Division of Gaming Enforcement for five incidents involving patrons ranging in age from 18 to 20. The minimum age for gambling and drinking in New Jersey is 21.

In one instance, Harrah's let a 20-year-old from New York play blackjack even after a security guard checked his ID.

Submitted by Associated Press on, Jun/24/2014

Verdict Upheld Against ‘Girls Gone Wild’ Founder in Wynn Slander Suit

LOS ANGELES (Associated Press) — An appellate court on Monday upheld a $19 million judgment against "Girls Gone Wild" founder Joe Francis in a slander case filed over his claims that casino mogul Steve Wynn had threatened to kill him.

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The California 2nd District Court of Appeal in Los Angeles found no basis to overturn the judgment or order a new trial, and the justices also left in place an injunction barring Francis from repeating the claims.

Submitted by Associated Press on, Jun/24/2014

Macau Authorities Bust US$645 Million World Cup Betting Ring

Authorities in Macau have arrested 22 individuals in connection with a worldwide US$645 million FIFA World Cup betting syndicate.  This is believed to be the biggest raid ever on a sports betting ring in the Chinese gambling enclave.

According to CNN, the illegal enterprise utilized three hotel rooms to take both Internet and phone wagers with one gambler placing a US$5 million bet.

Submitted by Gilbert Horowitz on, Jun/23/2014

Supreme Court Will Allow Ban on Sports Betting to Remain in New Jersey

WASHINGTON (Associated Press) — The Supreme Court on Monday left in place a ban on sports gambling in New Jersey, rebuffing an attempt to bring betting on professional and college sporting events to Atlantic City casinos and the state's racetracks.

The justices did not comment in letting stand lower court rulings that struck down New Jersey's sports betting law because it conflicts with a federal law that that allows state-sanctioned sports gambling only in Nevada and three other states.

Submitted by Associated Press on, Jun/23/2014

Pope Francis Denounces, Ex-Communicates Italian Mafia: Could Become Target

In the strongest language ever to come from the Vatican against Italy’s powerful and often brutal Mafia, Pope Francis denounced the criminal enterprise and ex-communicated all Mafia members this weekend.

Submitted by Jagajeet Chiba on, Jun/22/2014

Pay Per Head Review - RealBookies.com: Free Trial, No Deposit, Low Starting Price

With over 18 years in online bookmaking, the people behind Realbookies.com bring their vast knowledge and experience to one of the fastest growing company in the pay per head business today. Word of mouth is their primary source for new clients which shows that the majority of their current agents are extremely satisfied with the service received.

Submitted by Payton on, Jun/21/2014

Pay Per Head Review - WagerHome.com: 4 Week Free Trial Offered

Wager Home has emerged into the best price per head service company in the industry. They have serviced thousands of agents big and small and continue to upgrade their service every year.

Some of the great options offered by Wager Home:

As low as $10 head 

Submitted by Payton on, Jun/21/2014

Pay Per Head Review - AcePerHead.com: Mobile Bookie Platform, Online Poker More

AcePerHead.com is the gold standard in the per-head industry. With packages from $10/head, we provide superior and more reliable service. Agents get a dedicated account rep who is always available to help, and players benefit from our fleet of web servers and two dedicated call centers staffed with American clerks. Join today and learn why our customer satisfaction rate is above 99%!

Submitted by Payton on, Jun/21/2014

Resorts International Inks Deal With Sportech: Could Join Forces With PokerStars

ATLANTIC CITY — (Associated Press) - An Atlantic City casino that was thwarted in its efforts to join the Internet gambling market is preparing to get in the game.

Resorts Casino Hotel announced partnerships late Friday with European firms Sportech and NYX Gaming to offer Internet gambling.

They will join PokerStars and Full Tilt Poker to form an online betting option that could rival New Jersey’s market leaders, Borgata and Caesars Interactive.

Submitted by Associated Press on, Jun/21/2014

NJ's Bankrupt Revel Casino Gets Cash Lifeline to Hunt for Buyer

CAMDEN, N.J., (Reuters) - Atlantic City's bankrupt Revel Casino Hotel has received court approval to borrow $23.9 million that it said would keep the 1,400-room resort operating for the coming month as it scrambles to find a buyer.

Revel filed for Chapter 11 bankruptcy Thursday afternoon and rushed to court early on Friday for a slew of court orders it said were vital to pay its 3,140 employees, soothe nervous vendors and honor programs that provide gamblers with key perks.

Submitted by Reuters on, Jun/20/2014

Pay Per Head Companies and Performance Reports

One of the biggest keys to running any type of business is to know the numbers inside and out. Just as a sports handicapper breaks down a particular matchup to uncover an edge in the betting lines for the game, as a bookmaker you need to constantly break down your business’s numbers to turn a profit on a regular basis.

Submitted by Payton on, Jun/19/2014

Senior Citizens Busted in New Jersey Gambling Ring: Made $3 Mil in a Year

29 individuals were arrested for their role in running an illegal gambling business out of Northern New Jersey.  Nearly all the men charged are over the age of 50.

One of the individuals, Daniel Pronti, 70, was suspended without pay from his job as a Jersey City Department of Public Works employee on Thursday.

Submitted by Gilbert Horowitz on, Jun/19/2014

Esquire: How Sex, Drugs and Gambling Can Help Boost a Nation’s Economy

Esquire Magazine’s digital edition featured an article Wednesday on how sex, drugs and gambling can actually help a nation’s economy. 

They offer up a few strong examples.

When we think of sex and drugs and tourism, Amsterdam is typically the first thing that flashes in our minds.

Submitted by Aaron Goldstein on, Jun/19/2014

Pennsylvania Introduces Online Gambling Bill in Senate: PokerStars Exclusion

Pennsylvania lawmakers on Wednesday introduced Bill 1386 in the Senate.  The bill, drafted by State Sen. Edwin Erickson, would legalize online gambling in the Keystone State.

A newer version of the legislation co-sponsored by Republican Bob Mensch allows for an expanded number of casino games whereas Erickson’s bill focused almost exclusively on poker.  Mensch also wants to charge a $5 million licensing fee along with a 14% tax on gross gaming revenues.

Submitted by Gilbert Horowitz on, Jun/19/2014

Adelson Under Fire: Underage Gamblers, $1 Mil Contribution to PA Politicians

Gambling911.com’s own Thomas Somach is on the case and tells us that in Pennsylvania, casino magnate and GOP mega donor Sheldon Adelson is under fire for questionable political donations as well as another fine being levied against his property for allowing underage gamblers....total fines $305,000!!!!

Submitted by C Costigan on, Jun/18/2014

Gambling Addiction: It’s All About Bad Genetics

A study conducted by the National University of Singapore has found that genetics play a role in determining whether a person is willing to take strategic risk.  And while individuals with these genes are likely to exhibit a higher degree of belief learning and, as such, anticipate the actions of others, such genes can also result in increased reinforcement learning.

And these genes can also regulate the way dopamine – a chemical released in the brain that signals pleasure and motivates people to seek rewards.

Enter gambling addiction.

Submitted by Jagajeet Chiba on, Jun/17/2014

Mobster Matthew ‘Matty’ Guglielmetti Released From Prison After 10 Years

A New England mob associate, Matthew ‘Matty’ Guglielmetti, was released from prison last week after serving 10 years.  He will now be under house confinement according to reports.

The 65-year-old Guglielmetti is a high ranking figure in the powerful Patriarca crime family of La Costa Nostra.  He plead guilty to drug trafficking over a decade ago but was also said to be active in the family’s gambling and loan sharking business.

Submitted by Gilbert Horowitz on, Jun/16/2014

A Pete Rose Induction Into Baseball Hall of Fame Looking Brighter

Former Major League Baseball great Pete Rose expressed optimism that he could some day be inducted into the Hall of Fame following a lifetime ban for gambling on Baseball games.

"I've waited 25 years, but I've done so because I was the one who screwed up," Rose told ESPN.com. "And if I were given a second chance, I would be the happiest guy in the world."

Submitted by Dan Shapiro on, Jun/16/2014

Poll Finds New Jersey Would Stick With Atlantic City Casinos

(Associated Press) - A new poll finds most New Jersey gamblers would continue to play in Atlantic City even after four new casinos are built in New York.

But the Fairleigh Dickinson University PublicMind poll also has some bad news for the seaside gambling resort: at least 12 percent of customers who now gamble in Atlantic City would take their business to New York.

The poll released Monday finds 57 percent of New Jersey residents prefer to gamble in Atlantic City.

New York is in the process of adding four new casinos to the 14 it already has.

Submitted by Associated Press on, Jun/16/2014

Bitcoin Community Fears 51 Percent GHash Control: Others Say It’s Armageddon

On Friday for a period of nearly 12 hours, mining pool GHash had surpassed the 51% controlling share mark in the anonymous digital currency bitcoin and that has many watchers worried….perhaps with good reason.

Back in January GHash had 42% control and even then there were concerns mounting.

Submitted by Aaron Goldstein on, Jun/15/2014

Golden Nugget Does Not Have to Pay $1.5 Million Won in Mini-Baccarat Game

ATLANTIC CITY, N.J. (Associated Press) - A casino does not have to pay $1.5 million won by a group of gamblers who realized the cards had not been shuffled, and can move to recover more than $500,000 it already paid them, a judge ruled Friday.

The Superior Court judge ruled that because the cards had been unshuffled, that made the game of mini-baccarat in April 2012 illegal under state casino rules.

Submitted by C Costigan on, Jun/14/2014

New Jersey Sees Sharp Decline in Online Gambling During Month of May

(Associated Press) - Internet gambling has hit a wall in New Jersey just six months after launching.

Figures released today by the state Division of Gaming Enforcement show the casinos' online operations took in $10.4 million in May, a decline of $1 million from April. Internet gambling revenues have now declined for two straight months in New Jersey.

But there was some good news in the numbers: Including Internet gambling revenue, and excluding the Atlantic Club, which closed in January, the casinos' total revenue was up nearly 1.3 percent.

Submitted by Associated Press on, Jun/12/2014

Florida Prosecutors Want Ex-FBI Agent Conviction in Murder of Gambling Exec

MIAMI -  (Associated Press) — Florida prosecutors are asking an appeals court to reconsider its decision to toss the murder conviction and prison sentence for a former FBI agent in a mob-style killing linked to jailed Boston mobster James "Whitey" Bulger.

Submitted by Associated Press on, Jun/12/2014

South Carolina Wants Legalized Gambling, Marijuana

South Carolina Republican Senator Lindsey Graham won in a landslide Tuesday to retain his long held seat, much to the disappointment of online gambling fans, most of whom were probably hoping for a Cantor-like defeat.  Virginia Republican Congressman and Majority Leader Eric Cantor lost his seat Tuesday in what was being touted as the biggest political campaign shocker in more than a century.

Submitted by Gilbert Horowitz on, Jun/11/2014

US Support of Gambling at All Time High Says Pol

(Associated Press) - Americans' support of legalized gambling is at all-time high, according to a new poll prepared for the casino industry's main trade group.

The report for the American Gaming Association also supports an assertion the gambling industry has long held: that casinos should be treated like any other business and not subjected to vastly higher taxes.

The poll finds 57 percent favor casino gambling, and 87 percent say gambling in general is an acceptable activity.

Submitted by Associated Press on, Jun/10/2014

Dubai Businessman Iraj Parvizi Sues Les Ambassadeurs Casino for Allowing Collusion

A Dubai-based businessman, Iraj Parvizi is suing London’s Les Ambassadeurs Casino for failing to prevent collusion and cheating in its establishment.

And the amount he is suing for?

£10,000,000.

The 48-year-old was a regular in weekly high stakes cash games held at the casino until he lost £185,000 in one session and refused to pay back for the chips he received on credit.

Submitted by Ace King on, Jun/10/2014

New Jersey Clarifies Online Gambling Affiliate Arrangements

The New Jersey Division of Gaming Enforcement has expressed the importance of affiliate relations to the growth of its state-run online gambling industry.  On Tuesday, it sought to clarify the types of relationships and activity said affiliates can and cannot engage in.

Submitted by C Costigan on, Jun/10/2014

Men Who Escaped Quebec Prison Via Helicopter had Mob Ties

The three men who escaped a Quebec prison over the weekend via helicopter each had ties to the Mob and Hell’s Angels.

Yves Denis, 35, Denis Lefebvre, 53, and Serge Pomerleau, 49, broke out of the Quebec province jail Saturday evening.  

"The helicopter landed in a courtyard at the detention center," police spokeswoman Ann Mathieu told the French news channel RDI on Sunday.

Submitted by Jagajeet Chiba on, Jun/10/2014

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