Gambling
Moody's: Legalized Online Gambling in New Jersey a Boost to Casinos
(Reuters) - Moody’s Investors Service on Thursday said legalization of Internet gaming in New Jersey is credit positive for the Atlantic City casino industry.
Moody’s said licenses to offer Internet gaming will be limited to Atlantic City's existing casino operators and their partners, and it will attract more players to the city.
Source Close to IGT Proxy Fight Gives Skinny on Tuesday’s Critical Vote
Gambing911.com Senior International Correspondent Jenny Woo had an opportunity Friday to speak to someone intimately close to the IGT power struggle that will culminate on Tuesday into a final vote that determines a potential new makeup of the world’s leading slot manufacturer’s board.
NJ to Appeal Judge Ruling Against Sports Betting in Garden State
(Reuters) - New Jersey Governor Chris Christie and state lawmakers vowed on Friday to continue fighting to legalize sports betting after a federal judge struck down a law that would have allowed it.
The New Jersey law, which Christie signed last year, had authorized sports betting at the state's racetracks and at Atlantic City casinos.
US States Race to Capture Online Gambling Bonanza
(Reuters) - New Jersey Governor Chris Christie this week finally approved online gaming in the Garden State. Now comes the hard part: banding together with other states to attract more gamblers, drive up jackpots and lure players away from offshore websites.
Bitcoin ‘Best Performing Currency Year-to-Date’
Bitcoin, used by a small number of online casino operators, is being touted as the “best performing currency year-to-day” according to Tyler Durden of ZeroHedge.com.
Durden writes:
Girls Gone Wild Goes Bankrupt in Wake of Wynn-Francis Lawsuit
The company that produces racy videos of half naked women dancing and drinking has filed for bankruptcy. “Girls Gone Wild” filed for bankruptcy protection citing $16 million in debts, according to court papers obtained by Reuters on Thursday.
The franchise’s founder, Joe Francis, owes a $10.3 million debt to Las Vegas gambling magnate Steve Wynn according to papers filed in U.S. federal court in Los Angeles on Wednesday.
Seedy Side of Internet Cafes: Degenerate Gamblers, Hookers, Mickey Mouse
Law enforcement in North Jakarta have detained Mickey Mouse…well, sort of…
That’s the nic they gave to gambling boss Hady Soemantri a.k.a Bong Can a.k.a Acan.
The raid comes at a time when Indonesia is in the midst of cracking down on illegal Internet café’s used for gambling purposes. The businesses are often run from 8 am to 1 am.
Online Gambling Web Chat Files: ‘A Phone Call From God Won’t Save You’
Social gaming, this is not. Angry customers have taken to the posting forums to cut and paste online chats with reps from various online gambling sites. Some of the best cut and pasted chats are courtesy of 5Dimes.com customer as the owner of that long-established company loves to “engage” with his clientele on occasion.
Woman Sought in Las Vegas Strip Shooting That Left Three Dead
LAS VEGAS (Associated Press) — A 22-year-old Miami woman with a history of prostitution arrests was identified Tuesday as a person of interest in a Las Vegas Strip shooting that triggered a spectacular fiery crash and left three people dead.
Police said Tineesha Lashun Howard was in a black SUV with Ammar Harris last week when he fired shots into a Maserati sports car at a self-promoted rapper who investigators say argued with Harris minutes earlier in the valet area of a glassy Strip resort.
Judge to Rule in New Jersey Sports Betting Matter Shortly
All eyes have been on New Jersey this week as Governor Chris Christie signed a measure into law that would allow online gambling within the Garden State.
Perhaps this will serve as a positive harbinger as a judge is set to rule on whether New Jersey is permitted to introduce legalized sports betting.
Chris Christie on Legalizing Web Poker: ‘A Critical Decision’
Speaking to John Brennan of NorthJersey.com Tuesday, New Jersey Governor Chris Christie had this to say regarding his decision to legalize Web gamblnig in the Garden State: “This was a critical decision, and one that I did not make lightly."
Christie, who had sat on previous bills up to the final hours, signed this third reincarnation within minutes of it hitting his desk.
Breaking News: Christie Signs Internet Gambling Bill Into Law
New Jersey Governor Chris Christie has signed a bill authorizing Internet gambling in the state following swift passage by lawmakers Tuesday.
The State Assembly and Senate both overwhelming passed the bill, AB 2578, this afternoon and Governor Christie immediately signed it into law.
Dead Rapper in Vegas Strip Shooting Worked as a Pimp: Suspect Still on Loose
A rapper killed in a brazen Las Vegas Strip shooting last week reportedly worked as a pimp. Kenny Cherry Jr. (AKA “Kenny Clutch”) was shot while behind the wheel of his Maserati. He then slammed his car into a parked taxi killing both the driver and a passenger.
Chris Christie Could Sign New Jersey Online Gambling Bill Tuesday
All eyes will be on New Jersey Tuesday as that state’s Governor Chris Christie may sign a bill legalizing online gambling. The Governor has already said he intends to sign the bill within 48 hours of it arriving on his desk.
New Jersey Mobster Louis ‘Big Lou’ Fazzini Gets Nearly 5 Years Jail Time
New Jersey mobster Louis “Big Lou” Fazzini has been sentenced to 55 months behind bars after pleading guilty this past October to racketeering and conspiracy connected to a Mob-controlled gambling operation.
Fazzini had previously served four years prison time after being convicted of similar charges in 1999.
Search Widens for Suspect in Vegas Strip Shooting
LAS VEGAS (Associated Press) — The search has widened to the southeastern U.S. for a 26-year-old man who police call the prime suspect in a shooting and fiery crash that killed three last week on the Las Vegas Strip.
Las Vegas police Capt. Chris Jones said Monday that investigators were tracing places where Ammar Harris lived and worked in the past.
Public records show Harris lived in South Carolina and Georgia; was convicted in Atlanta in 2005 of marijuana possession; and was arrested in Miami in December on a reckless driving charge.
Ang Lee Best Director Win Biggest Upset in Oscar History
With Ang Lee winning the Best Director award at this year’s Oscars for “Life of Pi”, we witnessed the biggest upset since online bookmakers began taking bets on the Oscars during the late 1990’s.
Stephen Spielberg was a pretty big favorite to win as Best Director.
Old Gambling Case Leads to Alabama Casino Raid
MONTGOMERY, Ala. (Associated Press) -- The state attorney general's office used a century-old gambling case to get a rare, but not unprecedented, search warrant to raid VictoryLand casino in Shorter.
Macon County Circuit Judge Tom Young initially refused to give the attorney general a search warrant. Attorney General Luther Strange appealed to the Alabama Supreme Court. He cited an 1899 case where a justice of the peace denied an arrest warrant based on an incorrect interpretation of the law, and the Supreme Court ordered it issued.
SUV in Fatal Vegas Strip Shooting Seized: Suspect Identified
(Associated Press) - Police are seeking a 26-year-old man as the prime suspect in last week's pre-dawn shooting and crash on the Las Vegas Strip that killed three people and injured several others
Nevada Legalizes First Interstate Online Poker
(Reuters) - Nevada has become the first U.S. state to legalize interstate online poker and allow state-to-state gaming agreements, beating New Jersey to the punch and putting in place a potential nationwide framework for Internet wagering.
Rapper Kenny Clutch, Not Howard Lederer, Victim in Vegas Strip Shooting
Rapper Kenny Clutch (real name is Kenneth Cherry Jr.) was the victim of Thursday morning’s shooing in the valet area of the Aria Resort and Casino that left two other individuals dead after Clutch’s out of control Maserati slammed into a taxi.
Hotel Altercation Sparked Vegas Strip Shooting: Three Dead, Manhunt On
Las Vegas – (Associated Press) - Police say a deadly car-to-car shooting and fiery crash at a major Las Vegas Strip intersection started with an argument in the valet area of the Aria resort.
Sheriff Doug Gillespie made the disclosure Thursday about the early morning incident that left three people dead and at least six injured. Police withheld the names citing the ongoing investigation.
Nevada Legislature Passes Online Gambling Bill: No Need for Federal Bill
CARSON CITY, Nev. (Associated Press) — The Nevada Legislature unanimously approved an online gambling bill Thursday, sending the bill to Gov. Brian Sandoval on a fast-track effort to retain the state's status as the leader in gambling regulation.
Online Cee-lo and 1-4-24 Dice Games Rolled Out by Juicy Stakes: Big Cash Promo
Popular online gaming site, Juicy Stakes is now rolling two dice games new to the real money scene, Cee-lo and 1-4-24. Hit the alley to catch Strungflowers and avoid the Dancing Dragon in three dice Cee-lo or try your hand at 1-4-24. Play and real money, multi-player games are now rolling under the all new Dice tab within the Juicy software.
Federal Bill on Internet Poker Coming Within Few Weeks (Video)
Speaking on the Ralston Reports Tuesday night, outgoing American Gaming Association head Frank Fahrenkopf said that a bill to legalize online poker at the federal level is likely to be introduced in the House within the next few weeks (of February 19, 2013).
UK Tax Agreement Update With Online Gambling Haven Isle of Man
The Isle of Man Government sees that the move to automatic information is a "game changer" and, as you will be aware, has embraced the concept in the agreements that it proposes to enter into with the USA and UK.
Negotiations have moved at pace with the UK since 7th December and we are now in a position to update you in a number of areas.
In the Budget Speech yesterday, the Treasury Minister confirmed that progress is being made.
Governor Christie to Sign Internet Gambling Bill Feb 26 or 27
LAVALLETTE, N.J. (Associated Press) — Gov. Chris Christie said Tuesday that he will quickly sign an Internet gambling bill if lawmakers make the changes he wants to the legislation.
At an appearance in Lavallette, the governor said he could conceivably sign the bill the same day the Legislature approved those changes, or the next day, "depending on how my day is going."
Assuming the state Assembly and Senate approve an amended bill, "There's no reason not to sign it quickly," Christie said.
Fahrenkopf on Christie’s Obama ‘French Kiss’, House Web Poker Bill in 2 Weeks
Appearing on the Ralston Report Tuesday evening, outgoing American Gaming Association chief Frank Fahrenkopf blasted New Jersey Governor Chris Christie for what he called an “overboard” reaction to US President Barack Obama’s visit to the Garden State following Super Storm Sandy’s massive destruction.
“He kissed him. He didn’t have to French-kiss him. I think he went overboard.”
IGT Employee: ‘I Feel Like a Battered Wife Who Can’t Leave My Husband’
CEO forces staff to drink liquid concentrate forms of coffee while she insists on having her's freshly ground. Does not talk to employees face-to-face.
As if the situation weren’t complicated enough with a proxy battle underway at IGT, the world’s largest slots manufacturer employees have begun reaching out to Gambling911.com offering their own personal horror stories as to what it is like working for the beleaguered gaming firm.
Alabama Casino VictoryLand Raided
MONTGOMERY, Ala. Alabama Attorney General Luther Strange announced Tuesday morning that gambling machines and cash were seized at VictoryLand casino in Macon County.
VictoryLand’s developer and others involved with the casino were charged last year with vote selling. The casino had previously been shut down in 2010 after a crackdown by then-governor Bob Riley.
A release from Strange's office made mention of a months-long investigation into electronic bingo machines that authorities determined were illegal.
- Gilbert Horowitz, Gambling911.com
