Gambling
Don't Ask Where Money Came From, says Manila Casino Boss in Heist Probe
MANILA (Reuters) - For Kim Wong, the Chinese casino owner in the Philippines entangled in one of the world's largest bank heists, there are two golden rules for dealing with wealthy punters: always demand to see their money, but never ask where it came from.
That seems to be what happened when he took millions of dollars from two Chinese high-rollers in February. He told a Senate hearing earlier this week the two men were responsible for transferring $81 million stolen from the Bangladesh central bank's U.S. account into the Philippines.
Super Bowl Sports Betting Helps Boost Nevada Revenues
LAS VEGAS (Associated Press) — February was a lucky month for Nevada casinos, thanks to excitement over the Super Bowl and an extra day on the calendar for leap year.
Ulterior Motives Speculation in David Baazov Insider Trading Case
A number of online gambling experts are wondering if the Amaya insider-trading case, which names founder David Baazov, might be a referendum on Québec regulators abilities (or inabilities) when it comes to proving such matters.
Could it be that these same Québec regulators have ulterior motives in David Baazov insider-trading case?
Trial Over Seminole Gambling Pushed Back to Fall
(Associated Press) - A federal judge is pushing back the start of a crucial trial over the future of gambling in Florida.
Amaya Chairman David Baazov to Step Down Amidst Insider Trading Probe
Montreal - Amaya Inc. (NASDAQ: AYA; TSX: AYA) today announced that Chairman and Chief Executive Officer, David Baazov, is taking an indefinite paid leave of absence from the company, effective yesterday. Mr. Baazov is taking this leave voluntarily to focus on preparing an offer to acquire Amaya and to avoid a distraction for the company while he responds to certain allegations made against him by the Autorité des marchés financiers (AMF), the securities regulatory authority in Quebec. Mr. Baazov will remain a member of Amaya’s board of directors.
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Adelson to Scrap RAWA Online Gambling Prohibition Bill
Billionaire casino magnate Sheldon Adelson has said he will be abandoning efforts to oppose attempts at legalizing state-by-state online gambling in the US, claiming he now has other more important priorities to focus on.
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Goodell Might be Okay With Raiders Move to Vegas After All
NFL Commissioner Roger Goodell has not dismissed the idea of the Raiders relocating to Las Vegas, this despite some NFL team owners saying such a move would be a nonstarter to even consider.
The National Football League has long been opposed to gambling in any form, including InstaCasino online casino. Over the past year, the league has embraced Daily Fantasy Sports, which many, including a handful of state Attorney Generals, consider a form of sports betting.
Maryland Could be First State to Let Voters Decide on Daily Fantasy Sports Legality
ANNAPOLIS, Md. (Associated Press) -- Maryland would become the first state to let voters decide whether the popular but controversial phenomenon of fantasy sports betting is fully legal, under bills now pending in the legislature.
Gambling Rats Reveal Nerve Cells Which May Control Risk-Taking Behaviour
The Guardian Newspaper was reporting on a study that seeks to demonstrates the neural mechanisms behind the risk behaviour such as gambling.
Picketing Planned Outside Trump Taj Mahal: Benefits to be Eliminated
ATLANTIC CITY, N.J. (Associated Press) — The name on the casino-hotel still says TRUMP in huge letters, but a different famous billionaire now owns the joint.
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And like his predecessor, Donald Trump, investor Carl Icahn knows a thing or two about getting attention — and the best deal possible.
Lawmaker Wants Minnesota to Legalize Fantasy Sports
(Associated Press) - A national debate over daily fantasy sports games came to the Minnesota Legislature on Tuesday with a House committee hearing on a proposal that would declare fantasy games are not gambling and are legal in Minnesota.
Bookies Behaving Badly, Part 10: Rich Ciarlante Created the Bonus..And His Own Demise
One of the first offshore sportsbooks--and one of the first to go out of business--was an operation based in the Dominican Republic called Rich's International Superbook.
The book was owned and operated by a man named Rich Ciarlante, an Italian-American former street bookie from South Philadelphia who tired of dodging the law and fled to the sunny Caribbean to set up shop in the late 1990s.
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Online poker can be a stressful business. Anyone who has ever had their aces cracked by 7-2 all-in on the bubble of a tournament will tell you that when things go wrong and bad luck strikes, it can be extremely difficult to keep your cool. In a nutshell, tilt can be defined as anytime our emotions become so heightened that they prevent the logical part of our brain from controlling our actions.
Attorney for DraftKings in AG Battle Spends $14.4M on UES Townhouse
The fight over daily fantasy sports in New York is just getting started, but it seems to already have produced at least one clear winner.
Reviews of USA Bitcoin Sportsbooks for March Madness College Basketball Betting
They do not call it March Madness for nothing and, when the NCAA Men’s Basketball Tournament rolls around, the betting action is fast and furious at all the top online betting sites. Many of these online sports gambling websites also offer a full service Bitcoin casino to play online slots for real money. They also have mobile platforms to play mobile video slots games for real money.
Navy Warns Sailors Over Consequences of March Madness Gambling
NORFOLK, Va. (Associated Press) — Navy officials are reminding sailors not to participate in March Madness gambling in the workplace.
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Japan’s Oldest Baseball Team in Crisis Mode Over Gambling Scandal
TOKYO (Associated Press) — With a new season just around the corner, Japanese baseball is in a state of turmoil over a gambling scandal that has embroiled the league's most popular team.
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Connecticut One Step Closer to Regulating Daily Fantasy Sports
HARTFORD, Conn. (Associated Press) — Connecticut moved closer Thursday toward becoming the latest state to regulate the fast-growing online fantasy sports industry.
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G911 Owner Talks DFS Industry With DFSE Organizer Marc Lesnick
Review of the Daily Fantasy Sports Expo, that took place March 3-4, 2016 at the Deauville Beach Resort Miami. Chris Costigan (Publisher of Gambling911.com.) and Marc Lesnick (Conference Organizer) review the final panel as well as other elements of the industry. Watch below.
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Baseball Pitcher Admits to Betting on Baseball
(Associated Press) - Yomiuri Giants pitcher Kyosuke Takagi has admitted to betting on baseball games and lying during the team's investigation.
Virginia Becomes First State to Approve Fantasy Sports Specific Regulation
RICHMOND, Va. (Associated Press) -- Virginia has become the first state to approve legislation regulating the fast-growing but embattled online fantasy sports industry.
Gov. Terry McAuliffe signed legislation Monday that formally legalizes and regulates sites such as FanDuel and DraftKings.
Smaller DFS Sites Not Bothered by DraftKings, FanDuel
With Daily Fantasy Sports behemoths DraftKings and FanDuel pushing for steep state licensing fees, smaller DFS sites the likes of Statzup.com.
During last week’s closing panel of the Daily Fantasy Sports Expo in Miami Beach, moderated by Gambling911.com’s founder Chris Costigan, Statzup CFO Tamas Varga said sites like DraftKings and FanDuel help his own company.
“They come in and play at DraftKings or FanDuel then come play with us and like us more,” he said.
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