Gambling
GOP Mega Donor Adelson Hires Former Democratic Senator
Casino Magnate and GOP mega donor Sheldon Adelson has hired former Democratic Senator Blanche Lincoln as part of his campaign to abolish legalized Web gambling in the US.
Adelson’s Las Vegas Sands corporation hired Lincoln Policy Group, according to public records obtained by Politico.com.
William Hill, Ladbrokes Shares Hit Again Following UK Budget Woes, Downgrades
Leading UK bookmakers William Hill and Ladbrokes witnessed yet another share decline on Monday following a downgrade and unfavourable football results over the weekend.
Hill dropped 1.33% Monday, Ladbrokes dropped 0.53%.
Is New Jersey Online Gambling Driving Down Casino Revenue in Pennsylvania?
Forecasts for online gambling revenue in New Jersey may not quite be reaching targeted expectations but there could be an additional positive impact, at least where the Garden State is concerned.
Neighboring Pennsylvania casino revenues are now on the decline since New Jersey Internet gambling launched last November.
Pennsylvania has severely cut into New Jersey’s brick-and-mortar casino industry for nearly eight years.
Florida's Gambling Growth Fuels Legislative Push
TALLAHASSEE, Fla. — (Associated Press) - South Florida has frequent flights from around the country, Latin America and Europe visitors by the millions each year and Indian casinos that perform better than those in most other states. On top of that, the weather is terrific.
Pope Tells Italian Mafia to Stop Evil or Prepare for Hell
(Reuters) - Pope Francis, in an annual ceremony held to remember the hundreds of innocent people murdered by the Italian mafia, made a solemn plea for mobsters to change or else "end up in hell".
The mafia continues to plague much of southern Italy: just on Monday, a four-year-old boy was shot dead, along with his mother and her boyfriend, near the southern city of Taranto in a suspected mob hit.
Pope Francis Shuns Mafia Dons: Holds Vigil for Victims
Pope Francis held a vigil for victims of organized crime in Italy on Friday.
Thousands of people in Italy have lost loved one’s at the hands of the Italian Mafia, according to reports. A toddler and his parents became the latest vicim of Mob violence just hours after Pope Francis announced his visit on Monday.
Russian Billionaire Who Won Gambling Libel Case Could Face EU Sanctions
A Russian billionaire who won a gambling libel case in 2010 is facing possible EU sanctions following Russia’s annexation of Crimea.
Online Gambling Affiliates Now Welcome in New Jersey With Income Access
Popular online gambling super affiliate company Income Access has entered into a partnership with Betfair.com to allow affiliate marketing in New Jersey.
Internet gambling firms are looking for creative ways to catch up with bwin.party, which so far has dominated the airwaves and offline media throughout the New Jersey-New York-Pennsylvania region.
Whether affiliates will be enticed enough to focus on such a limited market remains to be seen. Only those physically located in New Jersey will be able to wager with Betfair.
Nevada, Delaware Multi-State Online Poker Compact Draws Ire of Congress
(Associated Press) - Nevada and Delaware’s recent agreement to launch the nation’s first collaborative, interstate online poker zone appears to have drawn a backlash from gambling’s opponents in Congress, who are planning to drop a bill rolling back the legal opinion underlying the recent deal.
Cato Institute and Pacific Legal Foundation Back New Jersey Sports Betting Bid
New Jersey received some welcome news from the prestigious Cato Institute and the Pacific Legal Foundation Thursday. They filed an amicus brief in support of New Jersey’s bid to have the U.S. Supreme Court hear their protest of a 1992 federal law that is preventing the Garden State from offering sports betting to its citizens.
Michigan Withdraws Rules for Charitable Games
LANSING, Mich. (Associated Press) - A Michigan agency has withdrawn proposed new rules to rein in the charitable gambling industry to consider possible changes because of opposition from some lawmakers.
The state Gaming Control Board notified a joint legislative rules committee of its decision Wednesday.
Gov. Rick Snyder's administration is hoping to crack down on "millionaire parties." The events help charities raise money but have drawn criticism as "de facto casinos" also bringing large profits to bars and poker rooms.
Sicilian Mafia Boss Dissolved in Acid: Three Men Arrested
Three men this week were arrested for the 2002 murder of Sicilian Mob boss Andrea Cottone.
|
|
What is the Minimum Money Amount to Open an Online Betting Account?
Many Gambling911.com readers ask this question: What is the minimum to open an online wagering account to start betting?
While the amount differs between sportsbooks, typically $25 to $50 is required to fund an account before you can start wagering. $50 to $100 is usually the amount needed to take advantage of bonus offers.
Actual bet minimums can be as low as $1 though $10 to $25 is the average wager placed online ($50 via the phone).
Examples from various online sportsbooks appear below.
Can I Bet Online Using My Mobile Device? Iphone, Android, Blackberry Included
We get this question a lot and the answer is a resounding “YES”. You can place bets online using your iPhone, Android and Blackberry mobile devices at nearly all online sportsbooks. Most also offer betting via an iPad.
SatoshiDice.com Bitcoin-Denominated Stock Sale Draws Ire of SEC
Bloomberg News is reporting that the Securities and Exchange Commission is conducting an investigation into the Bitcoin-denominated stock sale of the online gambling website SatoshiDice.com.
Lindsey Graham Online Gambling Ban Bill Expected to be Introduced Next Week
Republican Senator Lindsey Graham is expected to introduce his bill that would outlaw all forms of online gambling as early as next week.
2nd Season of Sports Betting Reality Show ‘Money Talks’ Debuts Tonight
CNBC renewed the controversial sports betting reality show “Money Talks”, which premieres Wednesday night (March 19) at 10 pm EDT.
Atlantic City Mayor: New Jersey Locked Out of March Madness Betting Unfair
ATLANTIC CITY, N.J. (Associated Press) — By this time, New Jersey figured it would be raking in the bets on professional and college sports.
But with its two-year bid to offer legal sports betting stalled and relying on a long-shot appeal to the U.S. Supreme Court, the only madness this March will bring New Jersey is anger that things did not turn out quite the way it hoped.
Paddy Power Pistorius ‘Will He Walk’ Bet Ad Most Complained About Ad Ever
The UK Advertising Standard Authority (ASA) has said that Irish bookmaker Paddy Power’s Oscar Pistorius murder trial 'Money Off If He Walks' ad was the single most complained-about advertisement ever recorded.
Paddy Power was forced to pull the ad after the ASA issued it a dire warning.
The ASA in its findings released Wednesday said: "We acknowledged that the ad had appeared in the context of a high profile murder trial that had received extensive media coverage and was of interest to the public.
William Hill, Other UK Bookmakers Hit Hard by Budget Blow
(Reuters) - The FTSE 100 slipped on Wednesday, with insurer Legal & General and gambling company William Hill slumping as changes imposed by the UK budget threatened their profits.
Taj Mahal Killer Confesses to Two More Atlantic City Murders
Raheem Simmons, 20, pleaded guilty Tuesday (March 18, 2014) to two counts of aggravated manslaughter for the 2011 shooting deaths of Antwan Brown and Travon Kinard in Atlantic City. Both victims were 20 years old at the time of they were killed. All three resided in Camden, New Jersey.
Pope Francis Plays Down Mafia ‘Hit’ Fears: Toddler Latest Victim of Italy Mob
The Vatican announced this week that Pope Francis was set to visit with victims of Italy’s Cosa Nostra.
“For the families of innocent victims, this meeting with the Pope is a gift,” Fr. Luigi Ciotti expressed in a March 15 article on Vatican Radio.
Fred Done Done With Manchester United: Refunds Bets to Win Premier League
BetFred.com’s colorful founder Fred Done has been widely criticized in the past for refusing (at least for a short while) to pay an Olympian’s granny the bet she placed on her long shot grandson and, more recently, proposing to slash employee salaries in half (something that does not appear to have come to fruition just yet).
Ladbrokes Boss Rewarded £4.7m: 85 Per Cent Pay Raise: Still Faces August Axe
Richard Glynn may be on the hot seat if he can’t turn things around at the UK’s second largest bookmaker, Ladbrokes. Glynn has already been issued a dire warning that he will be getting the axe come August if financials don’t improve come August.
PartyPoker Founder Sued by Chevron Over Alleged Fraud
A judge in Gibraltar has that oil giant Chevron can move forward with a lawsuit seeking unspecified damages from PartyPoker (now Bwin.Party) co-founder Russell DeLeon in connection with his financing what the oil company says was a liability suit that ultimately turned into a racketeering conspiracy.
Caesars to Develop Casino in South Korea
SEOUL/HONG KONG (Reuters) - Caesars Entertainment Corp looks set to build its first gaming resort in Asia after South Korea granted preliminary approval for a large-scale foreigners-only casino - a key boost for a company that has largely missed out on the region's boom in gambling revenues.
The consortium of Las Vegas-based Caesars, Singapore's OUE Ltd and Hong Kong-based Lippo Ltd is also one of the first foreign ventures to gain an entry into South Korea's casino industry, a promising market by virtue of its proximity to China and the country's wealthy punters.
BetOnSports Founder Gary Kaplan Assessed $36.5 Mil Tax Bill
BetOnSports founder Gary Kaplan will have to pay $36.5 million to the IRS after losing an appeal.
Kaplan’s attorneys initially argued double jeopardy as he was already ordered to pay the US government $44 million after having served a 51-month prison sentence.
Funeral Set for Las Vegas Gambling Pioneer Jackie Gaughan
LAS VEGAS (Associated Press) - A funeral is set Monday for a Las Vegas gambling pioneer who once owned much of the downtown casino market.
The service for Jackie Gaughan is scheduled for 11 a.m. at Saint Viator Catholic Community.
Gaughan died in hospice care Wednesday at the age of 93.
He was most closely associated with the El Cortez casino, which he used to own. He lived in a penthouse apartment there and was known to play poker in the casino almost every day.
Billionaire Macau Real Estate Developer Joseph Lau Found Guilty of Bribery
(Reuters) - Real estate developer Chinese Estates Holdings said on Sunday its Chairman and Chief Executive Joseph Lau has resigned after he was found guilty of bribery and money laundering charges in Macau.
New York State Senate Approves Gambling in Airports
Albany, N.Y. (Associated Press) - The state Senate is proposing that New York authorize video lottery terminals, A.K.A slot machines, at international airport departure terminals to catch gamblers on their way out of the country.
The airports serving Buffalo, Albany and Syracuse, among others, appear to be out of luck.
The Senate budget resolution says it's for international departure terminals located within a city of one million or more.
That would appear to apply as proposed only to Kennedy and LaGuardia airports in New York City.
