Gambling
Bwin.Party Confirms Sale of Ongame to Amaya
As was reported over the past week and now confirmed by Bwin.party, the world’s largest online gambling firm, Ongame has been acquired by Canadian company Amaya Gaming for €15m in cash.
Amaya will pay a further €10m depending on progress made in the US on regulating online gambling, according to the Financial Times of London.
A previous deal for Las Vegas-based ShuffleMaster to purchase Ongame earlier in the year for an initial €19.5m, plus a potential further €10m, eventually fell through.
NYRA Faces Big Week as Cuomo Takes Over Board
ALBANY, N.Y. — (Associated Press) - After a nearly 60-year run of controlling the state’s thoroughbred racing that featured historic champions and classic races — as well as countless scandals and bankruptcy — the New York Racing Association is at a crossroad.
NYRA will soon be reconstituted under the temporary control of Gov. Andrew Cuomo, a move that will likely remake the future of racing and gambling in New York.
Attorney: NY Casino Bus Driver Alert Before Fatal Crash That Killed 15
NEW YORK — (Associated Press) - A casino bus driver had enough sleep before a New York City crash that killed 15 passengers, his attorney said Thursday while arriving for the start of his client's manslaughter trial.
Ophadell Williams pleaded not guilty to manslaughter and criminally negligent homicide in the March 12, 2011, accident after prosecutors said he was seriously sleep-deprived but drove anyway.
Alabama Casino Lobbyist Gets Probation
MONTGOMERY – (Associated Press) - The first person to plead guilty in Alabama’s gambling corruption investigation was sentenced to probation Tuesday for helping bring down two bigger players in a bribery scheme designed to keep electronic bingo casinos operating.
D Las Vegas Casino Refunds Packers-Seahawks Bets: Other Sportsbooks Not Thrilled
LAS VEGAS — (Associated Press) - A Las Vegas casino took an unusual step Wednesday and offered refunds to gamblers who lost money when the Seattle Seahawks beat the Green Bay Packers on a controversial touchdown at the end of Monday night's game.
3G Studios Prepares for Online Poker in US: An Interview With CEO James Kosta
3G Studios is the first video game company to apply for an online poker license in the state of Nevada, where real money web gambling is set to launch in the coming months.
Gambling911.com’s Payton O’Brien had the opportunity to interview 3G Studios founder and CEO James Kosta to discuss what the future may hold for his company.
Carbon Atil Gets Kudos From Poker Affiliate World as ChipSplit.com Continues to Excel
When it comes to online gambling affiliate marketing, Gambling911.com has always placed on a pedestal the likes of Marty Davis (now with WagerWeb.com), Erin Argue (now with GTBets.com) and of course Simon Eaton of BetOnline.com.
Alabama Casino Lobbyist Jennifer Pouncy to be Sentenced Today
A casino lobbyist who admitted to bribing Alabama officials as part of a “vote selling” scheme will be sentenced in Montgomery today.
The one time Country Crossing casino lobbyist Jennifer Pouncy is hoping to receive probation although prosecutors are recommending two years in prison. She faces five years for her conspiracy plea.
Country Crossing Casino developer Ronnie Gilley has already been sentenced to prison more than five years in prison for his role in the scheme. Gilley's lobbyist, Jarrod Massey, received the same sentence.
Former US President Clinton Makes $100 Ryder Cup Bet
It may be illegal to bet on sports anywhere in the US except for the state of Nevada but don’t tell that to former US President Bill Clinton.
Blown Call Caused $1 Billion to Change Hands in Sports Betting
LAS VEGAS (CBS /Associated Press) — A top oddsmaker believes last night’s controversial blown call was worth a billion dollars in sports betting.
Sportsbook Refunds All Green Bay Packers Bets (Video)
Following last nights final second controversial call that witnessed Seattle win against Green Bay, though video clearly showed the Packers had an interception, popular online bookmaker Sportsbook.com (.ag) has decided to refund all Packers bets.
Most New Jersey Residents Don’t Want Gambling in State Beyond Atlantic City
(Associated Press) - Most New Jerseyans oppose expanding casino gambling beyond Atlantic City, and also oppose granting state tax breaks to casino companies, according to a poll released Monday.
The Fairleigh Dickinson University PublicMind Poll shows 56 percent of voters surveyed are opposed to casinos anywhere else but in Atlantic City. Thirty-five percent say casinos should be added elsewhere in the state.
Slain Woman’s Husband One of Those Charged in Oklahoma City High Stakes Poker Case
OKLAHOMA CITY (AP) — The husband of a slain Oklahoma City woman is one of nine people accused of running an illegal gambling operation that included high-stakes poker games, U.S. Attorney Sanford Coats said Monday.
81-Count Federal Indictment Unsealed in Oklahoma Gambling, Money Laundering Case
(Source: FBI) - OKLAHOMA CITY—Today, an 81-count federal indictment was unsealed charging 10 defendants with crimes involving an illegal gambling operation and the money laundering of proceeds derived from that operation, announced Sanford C. Coats, United States Attorney for the Western District of Oklahoma; Jim Finch, Special Agent in Charge of the Federal Bureau of Investigation; and Andrea D. Whelan, Special Agent in Charge of IRS Criminal Investigation.
The defendants charged in this indictment are:
Efforts to Improve Atlantic City Starting to Pay Off
ATLANTIC CITY, N.J. – (Associated Press) - New Jersey officials say a wide-ranging effort to improve Atlantic City is starting to pay off, from new private investment in non-casino attractions to a $20 million advertising campaign that's beginning to change negative perceptions about the seaside gambling resort.
Congressman Tierney Family Gambling Ties ‘Fair Play’
Massachusetts Republican candidate for Congress, Richard R. Tisei, has vowed that his opponent’s family ties to an offshore gambling operation will be brought up during upcoming debates.
Cake Poker Migrating US Players to Juicy Stakes Poker
Cake Poker is set to announce that US “real money” players will be migrated Juicy Stakes Poker, effective September 27, 2012 with a press release due out on this day. Juicy Stakes is a long standing trusted partner within the Revolution Gaming Network. This news was first reported by CardsChat.com and has since been confirmed by Cake itself. Details will be announced in the coming days.
Gambling911.com Exposes ‘The Myth of the Bookmaker’
One of the great myths of bookmaking is that a bookmaker needs to balance the betting action on a game in order to make a profit.
It's a lot tidier, of course, when that happens, but it's not necessary.
In fact, not only can the wagering action be uneven and the bookie still profit, it can be downright lopsided and he'll still make money.
Three More Companies Approved for Online Poker in Nevada
LAS VEGAS – (Associated Press) - Nevada gambling regulators have approved licenses for three companies to run Internet poker sites in the state.
The Nevada Gaming Commission on Thursday approved American Casino & Entertainment Properties LLC for an interactive gambling operator's license.
The company owns the Stratosphere hotel-casino and tower on the Las Vegas Strip.
Brennan Jr: ‘Why Would Senator Menendez Vote for Federal Online Poker Legislation’
Interactive Media Entertainment & Gaming Association (imega.org) head Joe Brennan, Jr. made it clear, there is more preventing passage of any online poker bill at the federal level than a simple lack of Republican votes.
In an interview with PokerFuse.com, Brennan, Jr. noted that Democratic Senator Robert Menendez has little interest in ensuring that Senate Majority Leader Harry Reid and Republican Dean Heller’s state of Nevada controls real money Web poker on the federal front.
How to Fund Your Online Gambling Account
While some countries strictly forbid online gambling of any kind while others have placed tight restrictions, the vast majority allow such activity, which has helped turn Web gambling into a multi-billion dollar industry. Virtual betting accounts allow one to play online poker for free or open sports wagering accounts for the sole purpose of recruiting other real money players from around the would whereby you, as the account holder, receive a cut of your player's revenue and/or deposits. Below you will find a number of commonly used methods for depositing and withdrawing funds from your
Online Gambling Payment Processor Gets 36 Months Behind Bars
Donald Hellinger has been sentenced to 36 years behind bars for illegally transmitting $44 million in overseas Internet gambling winnings to US citizens through a defunct Bucks Country company during the years 2005 and 2006.
Greece Hikes Gambling Taxes
ATHENS (Reuters) - Greece will hike taxes on OPAP <OPAr.AT>, the state-controlled betting agency slated for privatization, following rivals' complaints to the European Commission that tax provisions of Greek gaming legislation favored the company.
The move triggered a sharp drop in shares of OPAP - one of Europe's biggest listed gambling companies - and sent the stock plunging more than 18 percent as investors took fright at the size of the levies.
Breaking News: Full Tilt Poker Exec Nelson Burtnick Pleads Guilty
NEW YORK – (Associated Press) - A Canadian man who once led the payment processing at two online poker companies pleaded guilty Wednesday to conspiracy and gambling charges, agreeing to cooperate in the government's crackdown on the businesses.
Nelson Burtnick, of Vancouver, entered the plea before a magistrate judge in U.S. District Court in Manhattan, where several others have already pleaded guilty to similar charges. He is among nearly a dozen people charged in a case that shut down U.S. operations of the three largest poker companies.
Gambling Industry Spends Heavy in New York
ALBANY, N.Y. — (Associated Press) - A new report says gambling interests spent nearly $50 million on lobbying and campaign contributions in Albany since 2005 and that the flow is accelerating as New York considers the expansion of casino gambling.
The advocacy group Common Cause, which favors public campaign financing, says it tallied $40 million worth of lobbying by gambling interests from 2005 through June 2012 and $7.1 million in campaign contributions.
Nevada Gaming Control Board Chairman Mark Lipparelli Leaving His Post
Nevada Gaming Control Board Chairman Mark Lipparelli has confirmed he is resigning as chairman of the state's three-member regulatory panel at the end of this month. He has served on the Board for four years.
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William Hill in Joint Bid for Sportingbet
(Reuters) - William Hill is considering making a joint bid for Sportingbet, with Britain's biggest bookmaker keen to get its hands on the online gaming firm's lucrative Australian operations.
William Hill and Sportingbet's smaller online rival GVC Holdings said on Wednesday in response to a recent rise in Sportingbet's share price that they were considering making a joint offer for the company.
USA Today: Replacement Referees Provide Perfect Ingredient for Game Fixing
Gambling experts claim that the current situation with replacement referees in the NFL has created an environment ripe for corruption, according to Robert Klemko of USA Today.
More Spent on Maryland Gambling Campaign Than Was Spent on 2012 Governor’s Race
In total, casino operators and those opposed to development of a casino in Prince George’s County, Maryland, have spent a total of $19.4 million on the gambling expansion campaign.
Maryland residents are set to vote on this gambling expansion in November.
Nebraska State Senator Pleads Guilty in Gambling Probe
Nebraska State Senator Brenda Council has plead guilty to two misdemeanor charges of violating campaign finance laws in connection to gambling.
Council admitted to making 36 withdrawals totaling $63,000 from her campaign account for the purpose of gambling. $36,000 of those funds were ultimately returned.
