Gambling

Dikshit Among Forbes Biggest Billionaire Blowups

March net worth: $1.6 billion 
Current net worth: $1 billion.  PartyGaming co-founder, Anurag Dikshit could lose his billionaire status in 2009, according to Forbes Magazine.

Dikshit designed the software for PartyGaming's successful PartyPoker game, which allowed live gambling over the Web. He left the company and sold a chunk of shares in 2006, the year the U.S. government drafted the Unlawful Internet Gaming Enforcement Act, forcing Party out of the US market where the firm lost 80 percent of its customer base.

Submitted by Jagajeet Chiba on, Jan/01/2009

CardSpike Poker Affiliates Want Answers From CAP

Online poker affiliates claim a relatively new room has been stiffing them.  That room is CardSpike.com, launched last this past summer.  A number of its affiliates and some industry observers ha

Submitted by C Costigan on, Jan/01/2009

New Year’s Day No Holiday For Bookies

While the majority of people were nursing their hangovers today, online bookmakers were scrambling to take action on the New Year's Day college bowl games.

Submitted by C Costigan on, Jan/01/2009

Top 10 Most Fascinating Poker Players of 2008

Who were the top 10 most fascinating poker players of 2008? (emphasis on the word "fascinating", as this does not necessarily mean "the best").

Submitted by C Costigan on, Dec/31/2008

10 Most Influential in Online Gambling (2008)

Gambling911.com yesterday looked at 10 of the most influential events involving the online gambling sector yes

Submitted by C Costigan on, Dec/30/2008

Top 5 Bets of 2008

Last week we at Gambling911.com witnessed one of the best bets ever - Arizona getting pummeled in New England.  What we knew was not a secret:  The Cardinals had only won 3 of 22 games on the Eas

Submitted by C Costigan on, Dec/30/2008

What Happened to Recession-Proof Las Vegas?

The question asked by Deirdre Van Dyk of Time Magazine:  What happened to recession-proof Vegas?  And the short answer:  The city put most of its bets on the tourism industry.  And what a gambl

Submitted by Jagajeet Chiba on, Dec/30/2008

Top 10 Biggest Impacts on Internet Gambling in 2008

Here we are heading into 2009 and it is time to reflect upon 2008 and what were the biggest impacts affecting the online gambling industry.  Unfortunately, this was a pretty easy list to create.

Submitted by C Costigan on, Dec/30/2008

Phil Hellmuth Speaks Out on Bad Poker Hand Payout Scandal

Some of you may have been away for the holidays and off line a bit, which is good for Phil Hellmuth and the folks at Cereus, which is the new software platform for

Submitted by C Costigan on, Dec/29/2008

Mark Cuban Sports Hedge Fund Revisited

(CNBC) - More than four years ago, Dallas Mavericks owner Mark Cuban said that if he started any hedge fund, it would be a sports gambling hedge fund.

Cuban quickly noted that it was merely a fantasy: as an owner, he wouldn't be allowed to bet. But I can't stop thinking about the fact that that idea probably would have yielded among the best percentage returns of any hedge fund this year.

Submitted by Guest on, Dec/29/2008

Sahara Casino Armed Robbery Suspect Mug Caught on Tape

Las Vegas police have released stills of a man caught on video who is believed to have taken part in a robbery at the Sahara Casino two weeks ago.

Submitted by Jagajeet Chiba on, Dec/29/2008

PartyGaming is a Scary One-Eyed Monster With Little Bite

PartyGaming, once the world's largest online poker firm with more than half the market and a darling of the London Stock Exchange, has gone into free fall in recent years.  Amazingly, despite losi

Submitted by C Costigan on, Dec/29/2008

Doyle Brunson: Anurag Dikshit is Appropriately Named

In his latest blog, the man behind one of online poker's fastest growing rooms, Doylesroom.com, speaks candidly about Anurag D

Submitted by Guest on, Dec/28/2008

Cowboys Loss, Patriots Not Making Playoffs Saves Bookies

With the Dallas Cowboys and New England Patriots both being early favorites to win the 2009 Super Bowl, it is estimated that nearly half the future bets placed on the big game have already been los

Submitted by C Costigan on, Dec/28/2008

Utah Says No To Online Gambling

The state of Utah doesn't even have a lottery let alone statewide casinos.  But with a failing economy, those within Utah fear that online gambling could be adopted as a way of boosting the state'

Submitted by C Costigan on, Dec/28/2008

South Korea: Internet Gambling Charges Up 700 Percent

This year, 1,681 people have been charged with illegal gambling over the Internet in South Korea compared to just 248 this year.  The rationale behind this:  In a struggling economy desperate peo

Submitted by Jagajeet Chiba on, Dec/26/2008

BetFair Blamed for Exposing Gambling to Children

Angry Aussies have expressed disgust over BetFair, the world's largest online betting exchange, claiming that the firm's cricket ads were

Submitted by Jagajeet Chiba on, Dec/26/2008

UltimateBet Cereus Poker Respond to Hellmuth Payout Error

Tokwiro Enterprises ("Tokwiro") issued the following statement today, concerning the correction of a winning hand played on the CEREUS Poker Network on Saturday, December 20, 2008.

Submitted by Guest on, Dec/23/2008

PokerStars Will Not Be Affected By PartyGaming Settlements

PokerStars lawyers told a local newspaper that it is "business as usual" for the world's largest online poker room.

Submitted by C Costigan on, Dec/23/2008

Wynn's Encore Opens This Week in Las Vegas

LAS VEGAS (AP) - Wynn Resorts Ltd.

Submitted by Guest on, Dec/23/2008

Gambling Industry Not Recession Proof We Learn

The top story in 2008 according to CasinoCity.com, the thinking that the casino industry is "recession proof" is no longer true and, unfortunately

Submitted by Jagajeet Chiba on, Dec/23/2008

Fire at The Monte Carlo Ranks Among Top 10 Stories of 2008

When the famed Monte Carlo Hotel in Las Vegas caught fire last January, it was deja vu for Sin City who experienced one of the worst hotel fires in history during the 1980's with the MGM Hotel trag

Submitted by Jagajeet Chiba on, Dec/23/2008

Antigua Sees Increase in Gaming Licensing Up 100 Percent

Director of Gaming, Kaye McDonald told the Antigua Sun the Financial Services Regulatory Commission is in the midst of processing and reviewing inquiries from entities interested in becoming licens

Submitted by Guest on, Dec/23/2008

Poker Players Alliance Lashes Out At PartyGaming Exec

The Poker Players Alliance has finally spoken out about Anurag Dikshit, founder and shareholder in PartyGaming, and his deci

Submitted by Guest on, Dec/22/2008

Poker Pro Phil Hellmuth in Online Poker Hand Scandal

The popular TwoPlusTwo.com posting forum has been screaming for the head of UltimateBet.com celebrity spokesperson, Phil Hellmuth. 

Submitted by C Costigan on, Dec/22/2008

Dennis Phillips: Life After The 2008 WSOP Final

Gambling911.com Senior Correspondent, Jenny Woo, had an opportunity to sit down with 3rd place finisher at this year's World Series of Poker final, Dennis Phillips, to discuss what he's

Submitted by Jenny Woo on, Dec/22/2008

PartyGaming Founder May Not Be Out Of Woods Yet

The online gambling sector was a little stunned last week when news first broke on sites such as Gambling911.com that PartyGaming co-founder, Anurag Dikshit, pled guilty to illegal Internet gamblin

Submitted by C Costigan on, Dec/22/2008

Common Currency Likely in Costa Rica, Central America

Central American leaders are pledging to create a joint credit fund and promote fiscal stability to cope with the effects of the world financial meltdown.

Submitted by Jagajeet Chiba on, Dec/22/2008

Dikshit Prison Term Like Time At Resort Compared to India Jails

Anurag Dikshit, a co-founder of PartyGaming, pled guilty last week to illegal Internet gambling and agreed to cooperate with the U.S.

Submitted by Alejandro Botticelli on, Dec/22/2008

Merge Poker Network Likely to Pass Bodog Poker

The Merge Poker Network, which includes its flagship brand Wass Poker could be on its way to surpassing Bodog Pok

Submitted by Ace King on, Dec/21/2008

Breaking News

NFL Betting Line Analysis: Home Team -10

NFL Betting Line Analysis: Home Team -10

Gambling911.com looks at games that featured the home team a a primary -3 home favorite.  We look at the line moves around this number and the final results.

NFL Betting Line Analysis: Home Team -3

NFL Betting Line Analysis: Home Team -3

Gambling911.com looks at games that featured the home team a a primary -3 home favorite.  We look at the line moves around this number and the final results.

Should Online Casino Players in the UK Register With GamStop?

On the surface, Gamstop sounds like a reasonable concept to fight gambling addiction.  Those who think they have a gambling problem can register for self-inclusion with any online gaming site in the UK.