Gambling
Powerball Jackpot Now Up to Record $500 Million
Wednesday night’s Powerball jackpot drawing could result in a record $500 million win….assuming someone has the winning ticket (tickets).
Saturday’s drawing for $325 million did not result in any winning tickets.
For the 15th consecutive time, no players matched the winning numbers, which were 22, 32, 37, 44, 50 and Powerball 34.
With the added publicity, more people are now purchasing the Powerball tickets, resulting in an increased cash prize.
A single winner in Wednesday's drawing who took a lump sum payment would receive $360 million before taxes.
Former Mob Boss Joseph ‘Big Joey’ Massino Admits He is a ‘Rat’
Testifying against Genovese capo Anthony “Rom” Romanello in a Brooklyn federal court on Monday, one time Mafia boss Joseph “Big Josey” Massino admitted he’s a “rat” and took credit for being the first don to violate the mob’s blood oath of omerta.
Federal Government Sets Deadlines in New Jersey Sports Betting Case
The US Federal Government on Tuesday issued a January 20 deadline for the US Attorney General’s office to intervene in New Jersey’s landmark sports betting legal battle against the major sports leagues and NCAA.
John Brennan of NorthJersey.com first reported Tuesday evening:
Free-to-Play Casino Playsino Surpasses 1 Million Install Mark
Social casino website, Playsino.com, has reached the 1 million install mark this week.
"The overwhelmingly popular response to our social and mobile casino apps is further evidence of the strong growth potential in the social casino gaming sphere," said Brock Pierce, Playsino's CEO. "This space is only going to get hotter and provide better entertainment for users and higher revenues for developers."
Millions Chase Record $425 Million Powerball Jackpot
CHICAGO (Associated Press) — Eight months after a trio of ticket buyers split a $656 million Mega Millions jackpot to set a world lottery record, Powerball is offering up a prize that would be the second highest.
The $425 million jackpot, the largest in Powerball's history, represents a potential life-changing fortune. But before shelling out $2 for a ticket, here are some things to consider:
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A GOOD BET: SOMEONE WILL WIN
It's the gambler's mantra: Somebody's gotta win, so why not me?
The first part is true; somebody will win the Powerball jackpot.
CFTC Press Release Regarding Intrade Complaint
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today filed a civil complaint in federal district court in Washington, DC, charging Intrade The Prediction Market Limited (Intrade) and Trade Exchange Network Limited (TEN), Irish companies based in Dublin, Ireland, with offering commodity option contracts to U.S. customers for trading, as well as soliciting, accepting, and confirming the execution of orders from U.S.
Befair Leaving Greek Market Following New Gambling Regs
LONDON (Reuters) - Online gambling exchange Betfair said it would withdraw from the Greek market until there was greater clarity on gaming regulation in the country.
Betfair, which has not yet applied for a permit to operate in Greece, questioned the cost and conditions attached to permits required by gaming firms to trade in the country.
"According to legal advice received, the value of these permits is unclear and we consider the gambling legislation in the country to be inconsistent with European law," Betfair said on Monday.
Jenny Woo Talks Nomophobia
Jenny Woo here! Yes, that’s right I’m back from my long drawn out maternity leave and can’t be happier to come back with a great interview I had with Addiction and Recovery expert, Dr. Elizabeth Waterman, Psy.D, from Morningside Recovery Center in California.
Reid Kyl Internet Gambling Bill ‘Not Acceptable’ to Tribes in its Current Form
For years, attempts to pass legislation banning Internet gambling at the federal level were stymied by “carve outs” for various other forms of gaming (i.e. the horse racing sector). For nearly a decade, lobbyists representing the Tribes had been successful in preventing such measures from being signed into law. Their interests were typically in stark contrast to that of other groups like the horse racing industry.
Canada May Pass Single Sports Betting Bill This Week: Leagues Not Happy
Canada is looking to pass a bill that would allow for betting on single sports events this week. But it now appears a significant obstacle is standing in the way.
While the House of Commons approved the bill unanimously, the professional sports industry is pressuring the Senate to defeat the measure.
Powerball Jackpot Reaches $425 Million With No Winner Saturday
DES MOINES, Iowa (Associated Press) — Lottery officials say nobody has won the Powerball jackpot and the top prize will now increase to about $425 million for the next drawing, the largest jackpot ever for the game.
Iowa Lottery spokeswoman Mary Neubauer said sales were strong over the holiday week for Saturday's drawing, which was estimated at $325 million before the numbers were picked. That was the fourth-largest jackpot in the game's history.
NFL Network Pulling ‘Rich Eisen Thanksgiving Special’ Called 'Censorship'
Claiming it wants no association with Gambling, the NFL Network abruptly pulled the Harvey Weinstein produced “Rich Eisen Thanksgiving Special” just hours before the scheduled airing.
NFL Commissioner Roger Goodell’s office issued a statement saying that "The segment was pulled because the movie included content related to gambling on NFL games."
New Jersey Motion for Summary Judgment: NFL Offers Contempt, Not Evidence
New Jersey’s Motion for Summary Judgment in the PASPA suit appears below, complete with redactions.
Gambling911.com observes that the NFL and other professional sports leagues appeared to offer contempt rather than any true evidence when they were deposed by New Jersey counsel recently.
“The leagues are going to get pounded,” a source close to the matter tells Gambling911.com.
Pinnacle Sports Closed to All Agents in US
Following a massive sweep resulting in the arrests of more than 30 people betting on behalf of PinnacleSports.com and at least two other websites last month, Pinnacle has effectively shut off its business to all interests operating within the United States.
Murderous Gambling Addict Jailed for Life after Killing Wife in Front of Small Child
A man who brutally stabbed his wife to death over mounting gambling debts in front of their small child has received a life sentence.
Mobster Whitey Bulger Claims He Was Given Government Immunity
BOSTON (Associated Press) — Prosecutors have asked a federal judge to force Boston mobster James "Whitey" Bulger to produce proof that he was awarded immunity by federal authorities before his June trial spirals into an "unduly elongated and unmanageable" mess.
In documents filed Friday, prosecutors call Bulger's claim of immunity "frivolous" and "absurd."
Kimberley Lloyd-Owen Called ‘Bookies Worst Nightmare’: Pretended to be a Man
The so-called “bookies worst nightmare” has been revealed as a 23-year-old woman by the name of Kimberley Lloyd-Owen. She’s the apparent brains behind a website called Goal Adviser.
Justice Department to Appoint Administrator in Full Tilt Poker Matter This January
Those awaiting payment from Full Tilt Poker for more than a year-and-a-half from Full Tilt Poker may have reason to be optimistic.
Federal Internet Poker Bill Could be Challenged in Court if Passed
Opposition to a possible bill to legalize Internet poker at the federal level is growing with the possibility that any law could be challenged in court and potentially be ruled unconstitutional.
A “penalty box” mentioned as part of the draft legislation being pushed by two Nevada Senators would prohibit overseas operators from obtaining licenses over a period of five years.
Greece Gambling Monopoly Hurt by Recession
ATHENS (Reuters) – Greece’s OPAP, one of Europe's biggest betting firms, reported a 16 percent fall in third-quarter profit on Tuesday, weighed down by the recession in its Greek home market.
Cash-strapped Greece’s plans next year to sell almost its entire 34 percent stake in OPAP, its most profitable company, as part of its international bailout agreement. But higher taxes and doubts about OPAP's most precious asset, its gambling monopoly, may undermine the company's value.
83-Year Old Ex-Hitman Testifies at Philadelphia Mob Boss Trial
PHILADELPHIA (Associated Press) — An aging mob hit man told jurors Monday that he once plotted to kill a Philadelphia mob boss now on trial and two underlings — even though he liked them.
J.R.R. Tolkien Estate Files $80 Million Lawsuit Over ‘Rings’ Slots Game
The estate of author J.R.R. Tolkien have filed an $80 million lawsuit in the U.S. District Court in Los Angeles claiming Warner Bros. and its New Line subsidiary and “Rings” rightsholder Saul Zaentz Co. have infringed the copyright in the books and breached a contract by overstepping their rights to merchandising the property of “The Lord of the Rings”.
Alabama Developer Ronnie Gilley Begins Jail Time After Vote Buying Trial
MONTGOMERY, Ala. (Associated Press) — Country Crossing casino developer Ronnie Gilley has reported to the federal penitentiary in Atlanta to begin serving a sentence of six years and eight months for offering bribes to legislators to support pro-gambling legislation.
He was originally scheduled to report Aug. 27. He has received delays to allow him to pay for unspecified surgery and recovery rather than having the federal Bureau of Prisons pay for it.
Federal prisons spokeswoman Traci Billingsley said Gilley reported to the Atlanta prison Monday afternoon as scheduled.
3G Studios Invests $20 million in Online Gambling (Video)
James Kosta, CEO of Reno, Nevada based 3G Studio, revealed on Fox Business this past week that his company has invested $20 million in online gambling as it prepares for legalization either on the federal or state front.
In an interview with Gambling911.com back in September, Kosta said that 3G Studio was already forming partnerships with operators to offer its vast suite of casino-oriented games, including a poker product.
Online Gambling Companies Apply Pressure on European Commission
A number of online gambling companies are pushing the European Commission pressure member nations like Belgium and Greece into abiding by EU policy.
Baylor Bears Upset of Number One Kansas State Huge for Books: Ducks Loss Too
With the Kansas State Wildcats the single most wagered on team in Week 12 of the regular College Football season, the bookmakers made out like bandits.
Kansas State was a -12 favorite visiting Baylor and got crushed 24-52 by a Bears team that had a losing record coming into Saturday.
Facebook Exec Niranjan Nagar to Speak at Social Gambling Conference
Niranjan Nagar, the Head of Games & Apps for Global Vertical Marketing at Facebook, is slated as the keynote speaker at next months’ Social Gaming & Gambling Summit in Los Angeles (taking place December 13-14).
Nagar is responsible for managing Facebook's marketing strategy for the vertical and for architecting programs to build the category globally. He was most recently the COO at Outspark, a publisher and operator of free to play RPGs.
Booby-Trapped Denver Home Once Belonged to Mobsters
Renovations on an 1891 Victorian home in Denver turned up something shocking this week. The home, once owned by the Smaldone Crime Family, was apparently booby-trapped.
Matt Feeney bought the old home on Osage Street and knew it needed some TLC. So upon knocking down walls, he made the shocking discovery.
GOP Senate Candidates Received Over $200k in Laundered Gambling Money
Reports have surfaced that gambling money linked to a 2010 GOP takeover of the Alabama Senate allegedly was laundered.
From the Alabama Political Reporter:
Three More Companies Obtain Nevada Online Gambling Licenses
LAS VEGAS — (Associated Press) - Three more casino operators have been issued a Nevada online poker license.
The state Gaming Control Board on Thursday approved interactive gambling licenses for MGM Online LLC and boutique firms Z4Poker LLC of Las Vegas and Cams LLC of Los Angeles.
