Gambling
IMEGA Issues Statement on Justice Department Joining NJ Sports Betting Suit
On Tuesday the U.S. Department of Justice filed notice that it is joining the professional sports leagues' and NCAA’s effort to stop New Jersey from instituting sports gambling, thus stacking the deck against the Garden State…or maybe not.
Chris Christie Expresses Concerns Over Legalized Internet Gambling in NJ
Answering a question as to whether he will sign an Internet gambling bill into law by early February, New Jersey Governor Chris Christie expressed apprehension.
Christie took questions live Tuesday night during an “Ask The Governor” session.
Feds Join Leagues in New Jersey Sports Betting Suit
NEWARK, N.J. — (Associated Press) - The U.S. Department of Justice has filed notice that it is joining sports leagues' effort to stop New Jersey from instituting sports gambling.
New York State Governor Cuomo Likely to Discuss Gambling Expansion
ALBANY, N.Y. (Associated Press) - Gov. Andrew Cuomo is set to detail his budget proposals for the state's 2013-2014 fiscal year beginning April 1.
He's expected to propose about $132 billion in spending and attack a deficit of at least $1 billion as the state deals with the aftermath of superstorm Sandy and tax collections lagging behind projections.
His afternoon address in Albany on Tuesday will include plans to pay for initiatives he outlined in his state of the state speech earlier this month, notably in education and economic development.
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Indiana Casinos on Decline: Lawmakers Look for Remedies
INDIANAPOLIS — (Associated Press) - Indiana lawmakers are proposing to cut riverboat casino taxes and allow the floating gambling halls to move onto land to help them face growing competition from neighboring states.
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Live Dealer Casino Online: Vera&John Adds Bodog Gaming Supplied Platform
Online casino and slots specialist Vera&John are adding a Live Dealer Casino to their huge range of table games and slots, supplied by Bodog Gaming, which includes Baccarat, Sic Bo, Roulette and Dragon Tiger.
IGT CEO Patti Hart Fighting to Stay in Control
Will Patty Hart Lose Her Ability To Serve on IGT’s Board?
In further news about the International Game Technology (IGT) proxy fight which was initiated by the New York based Ader investment group, Gambling911 has exclusively learned that IGT CEO Patti Hart may lose her ability to serve on the board of a publicly traded gaming company due to statements she swore to be accurate on gaming applications that have now come into question.
Interstate Online Poker in the US: Nevada Governor Sandoval’s Plea
Nevada Governor Brian Sandoval wants to pass legislation that would permit Interstate online poker through the formation of compacts.
He insisted Nevada lawmakers should move forward quickly and that the Nevada Gaming Control Board create a measure eliminating Nevada's statutory barriers to interstate online poker.
"Other states are moving quickly on this issue, and I ask you to pass a bill within 30 days," he said.
Manti Te’o Should be ‘First Round Pick’ Predicts Oddsmaker
BetOnline Head Linesmaker Dave Mason advised Gambling911.com that Manti Te’o 2013 NFL Draft odds were getting decent action on both sides. He was still a -200 favorite to be selected first and would pay closer to 2/1 odds if he is not.
IGT CEO Patti Hart Under Intense Fire in Proxy Fight
Vince Martin of CalvinAyre.com on Friday published a report detailing the many concerns over IGT CEO Patti Hart and the proxy fight initiated by Ader Investment Management last week. A proxy fight is a means of removing and installing new directors.
M88 Site Named in Gambling Bust
Seven individuals have been arrested for their connection to a Vietnamese sports betting ring said to have taken in US$48 million.
Those arrested early January 17, 2012 include Nguyen Le Sang, 37; Nguyen Le Giang, 50; Le Van Hai, 25; Nguyen Thai Ngan, 22; Pham Thi Kim Loan, 41; Cu Huy Giap and Nguyen Anh Thai.
BTCSportsBet.com: The Future of BitCoin Sports Betting is Now
BitCoin, the anonymous online payment solution, is starting to make waves with the recent $510k investment into payment solutions company BitPay. This is likely to further drive business towards BTCSportsBet.com, one of the few online sportsbooks currently accepting BitCoins. They have nearly 8000 followers on Twitter.
BitPay the New PayPal and a Potential Boost for Internet Gambling
With the news that BitPay, a payment solutions company, announced a large investment by a group of well-known tech investors, the online currency BitCoins are looking more and more like an attractive option for depositing and withdrawing funds onto Internet gambling sites in the very near future.
Mobile Online Casino Opens at BetDSI.com With Cash Back Bonus
BetDSI.com has announced the opening of its new mobile online casino. To celebrate, they are offering great new promos for January 2013.
Games range from Blackjack and Baccarat to Slots and Video Poker you can now enjoy the thrill of casino play direct from your tablet or smartphone.
Online Gambling Pioneer Sentenced to Three Years Probation
Bill Scott, the founder of once powerful World Wide Tele Sports, has been sentenced to three years of probation for violating the US Wire Act and money laundering. Scott also had to forfeit $6,786,934.65 from various US bank accounts.
Need for Online Gambling in NJ Intensifies: PA Bumps Atlantic City
New Jersey Governor Chris Christie may have more of an incentive to sign a bill legalizing online gambling in his state as numbers showed Wednesday that Pennsylvania for the first time has bumped Atlantic City out of the number two US gambling destination after Las Vegas.
Bookmaker Coral Reluctantly Pays Winning 485-1 Long Shot Bet
One of the UK’s biggest bookmakers, Coral, has reportedly resolved a dispute over payment of a 485-1 long shot wager.
Lance Armstrong Cost Bookmakers, Bettors Untold Amounts
Lance Armstrong’s seven consecutive Tour de France title “wins” cost bookmakers and bettors alike hundreds of thousands of dollars, though the exact figure may never be known.
11 Companies Vying for Massachusetts Gambling Establishments
BOSTON (Associated Press) -- Eleven firms hoping to compete for licenses for resort casinos or a slots parlor filed initial applications and non-refundable $400,000 application fees before a Tuesday deadline, the Massachusetts Gaming Commission announced.
Four groups waited until the final day to submit applications, joining seven others that had previously filed.
A surprise last-minute entry was PPE Casino Resorts, affiliated with the principals of Baltimore-based Cordish Cos. The firm had not publicly expressed interest in Massachusetts before.
PokerStars One Step Closer to Buying Atlantic City Casino
ATLANTIC CITY, New Jersey — (Associated Press) - An Internet gambling company wants to buy Atlantic City's Atlantic Club, and says it's ready to pump money into the brick-and-mortar casino to help prop up the seaside gambling resort.
Rational Group US Holdings, the parent company of PokerStars and Full Tilt Poker, is asking New Jersey casino regulators for permission to buy the Atlantic Club for an undisclosed amount.
The proposed deal will be scrutinized closely.
Study Finds Big Mac Consumption Linked to Gambling
A new study has found that those who eat a significant number of Big Macs and other salty foods may be more prone to gambling.
Florida Lawmakers to do Comprehensive Gambling Review
TALLAHASSEE, Fla. (Associated Press) — The chairman of the Senate Gaming Committee says the Florida Legislature will conduct a comprehensive review of all forms of gambling.
Sen. Garrett Richter, a Naples Republican, said the objective over the next two years will be to determine how gambling regulations and revenues benefit Floridians before changes are made.
Richter said that in the past, gambling legislation was passed without knowing the effect it would have.
Miami Youth Football Team Wins Championship Amidst Gambling Scandal
The Miami Gardens Bulldogs Youth Football team won the Orange Bowl YFA title last week despite being embroiled in a gambling scandal. The Bulldogs beat the West Miramar Patriots by a final score of 38-14.
Online Gambling Ally New Jersey State Sen. Raymond Lesniak to Run Again
New Jersey State Senator Raymond Lesniak confirmed Monday he will be running again for his Democratic seat.
Lesniak is among the most ardent supporters of legalized online gambling in the state and has been instrumental in getting a bill passed that would also legalize sports betting in Atlantic City casinos.
He will continue to make this one of his top priorities moving forward.
Mohegan Sun Will Apply for Palmer Casino
BOSTON (Associated Press) - The owners of the Mohegan Sun casino in Connecticut have found a new financial backer and are expected to apply to the state's gambling commission to build a resort in Palmer.
Mitchell Etess, chief executive of the Mohegan Tribal Gaming Authority, tells The Boston Globe the company has struck a partnership with New York investment group, Brigade Capital Management, to bankroll the development and will file its application on Monday.
Harry Reid Denies Attempting to Derail Investigation of Online Gambling Figure
Senate Majority Leader Harry Reid denied any involvement in an alleged effort to help derail a federal investigation into Jeremy Johnson’s Utah businesses. Johnson was a central figure at the SunFirst Bank of Utah that helped process funds for online poker firms Full Tilt Poker and PokerStars. Each of these businesses were later named in an indictment filed April 15, 2011, a day commonly known within the Web poker community as “Black Friday”.
Palms Casino in Vegas Caught Up in Drug, Prostitution Sting
LAS VEGAS -- Gambling regulators are fining the Palms casino in Las Vegas $1 million after nightclub employees provided undercover agents with prostitutes and drugs, including cocaine and prescription painkillers.
Michigan Governor Vetoes Gambling Expansion Bill
LANSING (Associated Press) -- A bill that would have allowed more gambling at Michigan race tracks has died without Gov. Rick Snyder's signature.
Snyder effectively vetoed House Bill 5546 by taking no action. It would have added slot machine-like games at struggling horse tracks in Hazel Park, Mount Pleasant, Swartz Creek and Northville.
Spokesman Caleb Buhs says the bill wasn't signed because it clashes with the state Constitution and is probably illegal. A 2004 amendment requires voter approval for new gambling.
Atlantic City Revenue Expected to See Decline
(Associated Press) - For six years now, Atlantic City's casinos have been taking a beating from gambling halls popping up in neighboring states.
Figures due out Thursday afternoon will show just how far New Jersey's casinos fell in 2012.
Atlantic City's casino revenues have fallen from a high of $5.2 billion in 2006 to $3.3 billion in 2011. The 2012 figures are expected to be lower than that.
