Gambling
Singapore Gets Black Eye in Wake of Football Match Fixing Scandal
SINGAPORE (Reuters) - Singapore has long cultivated a reputation as a clean, safe and regimented place to live and do business in a turbulent region, but the apparently major role of Singaporeans in a global football match-fixing scandal shows a seamy underside often out of view.
Mob Slayings Up in Montreal With Return of Vito Rizzuto
With mobster Vito Rizzuto out of prison for a mere four months, mob slaying are up in Montreal.
Nevada Governor Pushes for Interstate Online Gambling: NJ Rivalry
LAS VEGAS — (Associated Press) - Nevada Gov. Brian Sandoval is using the low-grade rivalry between Las Vegas and Atlantic City to encourage lawmakers to pass a bill that could expand the state’s online gambling market nationwide.
The day after Republican New Jersey Gov. Chris Christie suggested that he’d be open to legalizing some form of Internet gambling, the Nevada Republican released a statement asking lawmakers to act quickly to ensure the state maintains its place as the nation’s leader in gambling regulation.
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¿por quá?Nevada Gaming Revenue Up 10 Percent
CARSON CITY, Nev. — (Associated Press) - December was a good month for Nevada casinos.
State gambling regulators reported Friday that casinos statewide took in a little over 10 percent more in gambling revenues during the month than they did in the same period a year ago.
The Nevada Gaming Control Board says casinos won about $943 million during the month, and the state collected more than $39 million based on that amount.
The state's share represents a more than 23.5 percent increase from the previous year.
Is Patti Hart Prepared to Step Down as IGT CEO for Jason Ader
Will Patty Hart Step Down From IGT For Team Jason Ader? That is the million dollar – or in this case, potentially multi-million dollar question – being asked as we are about to enter the middle part of February.
Christie Move on Internet Gambling Creates Huge Impact for Markets
New Jersey Governor Chris Christie’s move to conditionally approve legalizing Internet gambling in the state has resulted in a surge in share prices of publicly traded European i-Gaming companies.
PokerStars Content With Christie Decision on Internet Gambling
PokerStars, the world’s largest real money online poker site, expressed satisfaction with New Jersey Governor Chris Christie’s conditional veto of an Internet gambling measure. PokerStars parent company has confirmed it is in negotiations to acquire the troubled Atlantic Club Casino and Hotel in Atlantic City.
IGT Proxy Fight: First Time Major Customers Enter Any Proxy Fight
In the July 16th, 1999 edition of Business Journal of San Jose Patty Hart of IGT claimed “Wringing more efficiency out of the organization is not what I do best. I’m a problem solver and team builder. I love talking to customers, employees, and engaging the outside world, not going to meeting after meeting to find out where we can take three seconds off our call times”.
Lesniak Expects Revised NJ Online Gambling Bill to be Passed by March 18
New Jersey state senator Raymond Lesniak, co-author of bill number 2578 to legalize online gambling within the state’s borders, was expected to act fast to address Governor Chris Christie’s concerns. The Governor enacted a conditional veto on Thursday whereby the bill is being sent back to the Assembly.
Chris Christie Conditional Veto of New Jersey Online Gambling Bill
(Associated Press) - Gov. Chris Christie has vetoed a bill that would have made New Jersey the third state to legalize gambling over the Internet, but he says he will support such a law if it were put on a 10-year trial period. (*Gambling911.com note: This is a conditional veto, meaning that Governor Christie will sign once amended)
IGT Urged to Immediately Commence ‘Dutch Auction’ Tender Offer
Orange Capital, LLC issued an open letter to the Chairman of the Board of International Game Technology (IGT). *Note that Jason Ader is being represented by top PR FIRM 5WPR (www.5wpr.com)
Orange Capital, LLC, a New York based investment firm, has issued the following open letter (text below) to the Board of Directors of International Game Technology (NYSE: IGT) in response to the Company’s recent share price performance and election contest with the Ader Group:
All Eyes on Chris Christie as D-Day is Here
Today, February 7, 2013, is D-Day for online gambling in New Jersey.
Will Governor Chris Christie sign off on a bill legalizing what is currently a multi-billion dollar industry worldwide but technically remains “illegal” in the States?
Nevada has passed an intrastate law allowing for Web cardrooms. New Jersey neighbor Pennsylvania is considering doing the same.
Chris Christie to Turn in ‘Homework’ Assignment re Online Gambling Bill
Talk about keeping everyone on edge.
New Jersey Governor Chris Christie has once again waited until the final minute to make a decision regarding Internet gambling.
It was almost two years ago that Christie vetoed a bill that would have allowed New Jersey residents to place bets online within the state’s borders.
Chris Christie has Under 24 Hours to Decide on Internet Gambling
Regulated online gambling in the state of New Jersey will help protect children, so says the Poker Players Alliance.
Various groups have come out to express support for Web gambling in the state including Atlantic City’s biggest union.
Asia Soccer Match-Fixing Investigation Intensifies
Singapore - (Reuters) - Gambling houses in Southeast Asia form the foundation for organized crime gangs to generate huge profits from sports match-fixing, according to Chris Eaton, ex-FIFA head of security and director of Qatar's International Centre for Sport Security.
Split Verdict at Philly Mob Trial
PHILADELPHIA — (Associated Press) - Reputed Philadelphia mob boss Joseph “Uncle Joe” Ligambi will seek bail after a jury deadlocked Tuesday on a racketeering charge against him, and deadlocked or acquitted him of all eight lesser counts in a gambling and loansharking case.
The federal jury convicted underboss Joseph “Mousie” Massimino and two others of racketeering, and convicted a mob associate of two loansharking counts. But the jury deadlocked or acquitted the seven defendants on most of the approximately 60 counts.
Philly Mob Jurors Reach Verdict on Some Counts, Deadlocked on Others
PHILADELPHIA (Associated Press) — The judge in a Philadelphia mob racketeering trial says the jury has reached a verdict on some counts but is deadlocked on others.
The Delaware Lottery to Begin Offering Online Gambling by Fall
The Delaware Lottery has announced plans to begin offering “real money” online gambling no later than September.
The request for online gambling noted:
“All proposed components of the Solution must be delivered, installed, implemented, acceptance tested and ready to be operational by the agreed-upon schedule.”
Asian Match Fixing Scandal Rocks Soccer World
(Reuters) - Hundreds of soccer matches have been fixed in a global betting scam run from Singapore, police said on Monday, in a blow to the image of the world's most popular sport and a multi-billion dollar industry.
Record $98.9 Million Bet on 2013 Super Bowl in Nevada Casinos
LAS VEGAS (Associated Press) — Sports fans bet a record $98.9 million at Nevada casinos on the Super Bowl.
The Gaming Control Board says unaudited tallies show 183 sports books made $7.2 million on the action. The San Francisco 49ers started out as a 5-point favorite but the Baltimore Ravens won 34-31.
Costa Rica Based Bookmaker Platinum SB Shut Down by RCMP
The RCMP raided a Super Bowl party Sunday in Ontario and shut down the Costa Rican-based bookmaking operation Platinum SB in the process.
Police also seized $2.5 million during the raid.
The RCMP claims that 6 of the over 2300 people in attendance at the Le Parc Banquet Hall party had ties to the gambling operation and the mob.
Atlantic Club Casino Head Urges Chris Christie to Sign Online Gambling Bill
The head of the Atlantic Club Casino in Atlantic City is urging New Jersey Governor Chris Christie to sign a bill legalizing online gambling in the state.
The Rational Group, which owns the world’s largest real money Web poker room PokerStars, has agreed to purchase the financially strapped casino for an undisclosed amount and have promised to create at least 100 new jobs at the property.
RCMP Raids Super Bowl Party: Canadian Bookies, Mobsters in Attendance
The RCMP on Sunday raided a Super Bowl party attended by some 2500 people and, in so doing, claims to have dismantled an alleged mob-linked multi-million dollar illegal gambling ring.
Many of Canada’s more successful bookies were in attendance at the “invite-only” party as heavily armed tactical officers entered the premises at Le Parc Banquet Hall in Markham, Ontario.
Deliberations Resume Monday In Philly Mob Trial
PHILADELPHIA - (Associated Press) — Jurors will begin another week of deliberations Monday on racketeering charges against reputed leaders of the Philadelphia mob.
The federal court panel considered the case for about six hours Sunday but reached no verdict.
Philly Mob Jury at Impasse, Will Work Through Super Bowl
PHILADELPHIA (Associated Press) — A jury weighing racketeering charges against reputed leaders of the Philadelphia mob say they're at an impasse but were sent back to work Saturday.
BitSynCom LLC Releases World's First Bitcoin ASIC Chips
After a year of speculation and rumor, the first application specific integrated circuits (ASICs) dedicated to Bitcoin mining have become a reality. Yifu Guo, 23, is now commercially shipping the fastest dedicated Bitcoin mining hardware in the world.
The custom processing hardware dramatically increases the security of the Bitcoin network and professionalizes the Bitcoin mining industry.
Pennsylvania Proposes Online Gambling Bill as NJ Awaits Chris Christie Move
While New Jersey Governor Chris Christie is yet to act on an Internet gambling bill that currently sits on his desk, neighboring Pennsylvania is proposing their own Web gambling legislation.
Last month, Pennsylvania toppled New Jersey for the first time ever to become the nation’s second biggest gambling destination after Nevada.
Some in Antigua Oppose Sanctions on US: Fear ‘Severe Retaliation’
Finance Minister Harold Lovell on Thursday morning urged those across the aisle to support sanctions against the US Government in the Caribbean island nation’s decade-long dispute over Internet gambling.
On Monday, the World Trade Organization awarded Antigua the right to develop a web portal for sale of ‘pirated’ US copyrighted DVDs, video games, television programs and more.
Some legislators in Antigua have opposed the sanctions, fearing retaliation from the US Government would be “too severe”.
Internet Gambling ‘Best Shot at Resuscitating Atlantic City’ Says Lesniak
In an interview with Bloomberg News, State Senator Raymond Lesniak (D-Union) urged New Jersey Governor Chris Christie to sign a bill he co-authored that would allow for Internet gambling in the Garden State. Lesniak called Internet gambling the “best shot” at resuscitating Atlantic City.
