One of the most devastating digital currency exchange hacks on record occurred late Saturday night as Bitmart reportedly lost some $196 million in various cryptos.
Gambling
Former Socceroos Captains Sanctioned for Game Bets
(Bloomberg) -- Former Socceroos captains Craig Moore and Kevin Muscat were among three A-League players sanctioned by Football Federation Australia for betting on games.
Queensland Roar skipper Moore and Melbourne Victory captain Muscat, who both had playing stints in Europe, were fined A$3,000 ($2,050) and a further A$2,000 suspended for betting on matches not involving their teams, the federation said.
Submitted by Guest on, Dec/19/2008
Judge Jed Rackoff Presiding Over A. Dikshit Plea
We now know the name of the judge presiding over PartyGaming co-owner Anurag Dikshit's settlement with the US Government. It's the honorable Judge Jed Rackoff. For the 95 percent of Gambling911
Submitted by Payton on, Dec/18/2008
Annie Duke Stands By UltimateBet Poker In Wake of Scandal
Despite numerous rumors to the contrary, poker pro Annie Duke revealed to Gambling911.com's own Jenny Woo this week that she is willing to continue to put her name behind
Submitted by Jenny Woo on, Dec/18/2008
Gambling911's Jenny Woo Voted Sexiest By GPWA and Hee Haw
GPWA Times Magazine has awarded our very own Jenny Woo an award for "Sexiest in the Online Gambling Industry". She just barely nudged out Gambling911.com reporters Carrie Stroup and Spa
Submitted by Payton on, Dec/18/2008
Florida Gov. Charlie Crist at Odds With Attn. General Over Seminoles
Florida Governor Charlie Crist was working feverishly this week to have lawmakers approve an invalidated gambling deal with the Seminoles but Attorney General Bill McCollum says "Not so fast&q
Submitted by Guest on, Dec/18/2008
Billion Dollar Wakeup Call For Las Vegas
Glenn Haussman of Hotel Interactive spells it out:
"For the first time ever, the casino gaming industry is discovering they're subject to the same immutable laws as the rest of the hotel business. In what was widely proclaimed to be a recession-proof industry, casino gaming executives are suffering through a wake-up call of billion dollar proportions."
The numbers are staggering.
Submitted by Jagajeet Chiba on, Dec/18/2008
Another Online Poker Room Bites The Dust
Online poker room Zosoz (www.zosoz.com) has abruptly shut down, just two months after it opened.
Submitted by Thomas Somach on, Dec/18/2008
Rare Snowstorm Cripples Las Vegas
3.6 inches of snow. May not seem like a whole lot to those diehards living in Buffalo or Cleveland where this amount is considered a mere dusting. But in Las Vegas 3.6 inches of snow has proven
Submitted by Jagajeet Chiba on, Dec/18/2008
Blagojevich Once Worked as a Bookie Claims Informant
Did disgraced Illinois Governor Rod Blagojevich really work as a bookie? That's what one informant is telling authorities.
Submitted by C Costigan on, Dec/17/2008
Annie Duke: Jon Kyl Could Have Become Attorney General
In Part Two of Gambling911.com Senior Correspondent Jenny Woo's sit down interview with Annie Duke, the poker pro reveals why she feels it was so important for the industry to elect Barack Obama in
Submitted by Jenny Woo on, Dec/17/2008
PartyGaming Founder Denies Owning Suitcase Scandal Jet
Representatives speaking on behalf of PartyGaming co-founder, Ruth Parasol, have flatly denied that Great Britain's 79th richest woman had any ownership in a plane used to transport US$8
Submitted by C Costigan on, Dec/17/2008
Dikshit is Fully Cooperating With US Authorities
The Financial Times is reporting that PartyGaming founder Anurag Dikshit has appeared in the Southern
Submitted by C Costigan on, Dec/17/2008
Grand Prive Casinos – Bella Vegas Cannot Escape Bad PR
The Grand Prive Online Casino group, which consists of its flagship brand, Bella Vegas, recently cut off their advertising affiliates in a move that has stunned industry diehards.
Submitted by C Costigan on, Dec/17/2008
Annie Duke Talks Darfur With Jenny Woo
Annie Duke sat down with Gambling911.com Senior Correspondent, Jenny Woo, to talk about how intertwining poker and charities can be a great thing.
The amount of money that Annie and many others in the poker community have raised is outstanding and they're not close to being done. I've never met someone who is more passionate and dedicated about so many great causes. She did however express to me that she would be getting back out there and "start being a poker player again." Watch out poker world! That's all I've got to say.
Submitted by Jenny Woo on, Dec/17/2008
Poker Portal Owners On US Government List?
On a recent trip back from Brussels I found myself being ushered into that dreaded "US customs interrogation room". It goes something like this: You hand your customs form over to a p
Submitted by C Costigan on, Dec/17/2008
Somach: The Poker Players Alliance Is A Toothless Tiger
Writing in his column that appears at PokerHelper.com, San Francisco Chronicle writer and frequent contributor to the Gambling911.com website, Thomas Somac
Submitted by C Costigan on, Dec/16/2008
Clonie Gowen Doesn’t Need Full Tilt Poker
The poker pro and purported part-owner in the world's second largest online poker room, Full Tilt Poker, is winning big....but it ain't at Full Tilt.
Submitted by Ace King on, Dec/16/2008
PartyGaming Shares Rally Following News of Settlement
Submitted by C Costigan on, Dec/16/2008
Anurag Dikshit Settlement to Open Up Can of Worms
The news that billionaire co-founder of online poker firm PartyGaming, Anurag Dikshit, has settled with the US Government for $300 million was bound to send shockwaves throughout the sector when th
Submitted by C Costigan on, Dec/15/2008
PartyGaming’s Anurag Dikshit to Settle With US Gov for $300 Mil
The billionaire co-founder of PartyGaming,
Submitted by C Costigan on, Dec/15/2008
Jamie Burnett Denies Wrongdoing in Gambling Scandal
(Press Association) Jamie Burnett has denied any wrongdoing after being placed at the centre of a betting scandal at the UK Championship in Telford on Monday afternoon.
Earlier in the day, bookmakers suspended activity on Burnett's first-round match against Stephen Maguire after a flurry of bets were placed on a 9-3 scoreline in the latter's favour. That proved the final score after Burnett missed a black in the 12th frame which would have pulled it back to 8-4.
Submitted by Guest on, Dec/15/2008
No Way Norway: Country Bans Online Gambling
The European Union in Brussels this week strongly condemned Norway's decision to make online gambling illegal in that Scandinavian nation.
The Norwegian parliament last week passed a proposal to ban financial transactions between Norweigan residents and online poker and Internet gambling sites, just as the US had done in October 2006. And like in the United States, Norway's Financial Services Association and its banking sector insists they are ill equipped to monitor such transactions.
Submitted by Guest on, Dec/15/2008
Absolute Poker: Life After Cheating Scandal
In an interview with the Card Player Magazine, Absolute Poker COO Paul Liggett acknowledged he had his work cut out for him after assuming a job with the co
Submitted by C Costigan on, Dec/15/2008
Grand Prive Bella Casino Group Allowed Underage Gamblers
Following J.
Submitted by C Costigan on, Dec/15/2008
Jenny Woo Interviews The Poker Brat Phil Hellmuth
Phil Hellmuth aka "poker brat" took some time out of his busy schedule to sit down with Jenny to discuss the UltimateBet scandal, his involvement with some great charities and whether he
Submitted by Jenny Woo on, Dec/14/2008
New Jersey Once Again Considers Legalizing Sports Betting
A resolution sponsored by Senators Raymond J.
Submitted by C Costigan on, Dec/14/2008
Internet Domain Seizures Challenged in Kentucky Appeals Court
The Kentucky Court of Appeals listened to oral arguments in a suit brought by the Interactive Media Entertainment & Gaming Association (iMEGA) to block the seizure of 141 Internet domain names
Submitted by Guest on, Dec/13/2008
State of Appeals Hears Kentucky Online Gambling Case
(Associated Press) Kentucky authorities want to seize 140 Internet domain names, saying the web sites bring illegal gambling within the borders of the commonwealth.
Attorneys for a trade association for the gambling web sites countered that Kentucky lacks the authority to make that move because the domain names aren't property and, besides, they are based offshore and beyond Kentucky's jurisdiction.
Submitted by Guest on, Dec/12/2008
Russia Recognizes Poker as a Sport
Russia Today has an interesting article that declares poker has been recognized as a sports in that country for the first time ever, and with good reason.
Submitted by C Costigan on, Dec/12/2008
Las Vegas Craps Out
LAS VEGAS - (Canadian Press) - Things are noticeably quieter on the Las Vegas Strip these days and casinos usually known to boast excess are dropping prices to cope with a bad economy that has hit
Submitted by Guest on, Dec/11/2008
Breaking News
Poker Pro Dusty Schmidt Dead at 40 From Heart Attack
Successful online poker player Dustin "Dusty" Schmidt has died at the age of 40. The news was first reported by his friend golf pro Kevin Na.
2022 MLB Season to Start on Time Despite Lockout Possibilities Say Oddsmakers
MLB entered a lockout this week and BetOnline has activated a prop as to whether or not the 2022 season will start on time.