Business & Financial
Wynn, Mohegan Sun Respond to Casino Regulators in Massachusetts
BOSTON (Associated Press) — Wynn Resorts appears to have a strong advantage over Mohegan Sun in the fierce competition for the Boston-area casino license, even as the Las Vegas gambling giant pushes back against some requirements state regulators are seeking to impose if it is to win the license.
3000 Taj Mahal Employees Given Notice They May Lose Jobs
ATLANTIC CITY, N.J. — (Associated Press) - The owner of the Trump Taj Mahal casino has sent notices to more than 3,100 employees warning it could be shut down in November.
Trump Entertainment Resorts told The Associated Press it filed the notices earlier this week, saying it could close Nov. 13.
The company filed for bankruptcy on Tuesday and threatened to close the Taj Majal if it doesn't get concessions from its unions.
Pinnacle Sports Exits UK Market, Others Force to Lay Off Staff, Close Betting Shops
The United Kingdom government is set to begin enforcing new regulations for online gambling, beginning with a hefty tax increase.
The pending changes and increased taxation will go into effect October 1 though a grace period for application processing is being allowed for those operators based out of Alderney and the Isle of Man.
PokerStars Expected to Enter New Jersey Market by October
New Jersey state Senator Raymond Lesniak (D-Union) is optimistic that the world’s largest real money online poker room, PokerStars, will likely enter the Garden State’s legalized Web poker market in the coming weeks.
El Mejor Sitio de Apuestas en Línea para Jugadores de Habla Hispana!
Uno de los mejores sitios de apuestas en internet para jugadores de habla hispana es BetPhoenix.ag, un sitio de apuestas que cuenta con el personal profesional y experimentado que le atenderá en el idioma de su preferencia ya sea español o inglés.
Oscar Pistorius Found Not Guilty: Paddy Power Makes Payouts
Oscar Pistorius has been found Not Guilty of murdering his wife model Reeva Steenkamp in a case that has been widely covered by the gambling world following Irish bookmaker Paddy Power’s decision to take wagers on the outcome.
Massachusetts Won’t Make Decision on Boston Casino This Week
BOSTON (Associated Press) — State gambling regulators say they'll hold off making a decision on the lone Boston-area casino license this week.
The Massachusetts Gaming Commission on Wednesday said it will break off deliberations until Wynn Resorts and Mohegan Sun have a chance to respond, by Friday, to a series of conditions the panel is considering imposing on their proposals. The commission says it'll reconvene Monday with the hope of awarding the license by Wednesday.
Revel has $90 Million Offer to Buy Closed Casino
ATLANTIC CITY, N.J. — (Associated Press) - A Florida developer has offered $90 million for the Revel Casino Hotel that shut down last week, lawyers for the resort said Wednesday in court documents.
The casino said in the bankruptcy court filing that Glenn Straub's Polo North Country Club, Inc., made the cash bid for the $2.4 billion resort. The casino also wants a judge to set an auction for Sept. 24 if any higher bids are received by Sept. 23. A bankruptcy court judge would have to approve any sale.
Trump in Other Battles to Get Name Off of Troubled Properties
Real Estate tycoon Donald Trump recently sued to get his name off of two troubled Atlantic City casinos, the Trump Plaza and the Trump Taj Mahal. This wouldn’t be the first time the Donald has been embroiled in lawsuits to disassociate himself with properties that feature his name.
Trump had previously aligned himself with one Jody Kriss, licensing his name to a failed development in South Florida, The Trump International Hotel & Tower.
That lawsuit turned ugly though a judge eventually found Trump “not guilty” of deceiving potential buyers.
Christie, Sandoval Talk Combining Online Poker Players: No Sports Bets at Caesars
New Jersey Governor Chris Christie told the Las Vegas Review-Journal that he and Nevada Governor Brian Sandoval discussed possibly combining both states online poker player pools during a gaming conference in the Garden State on Monday.
Bookmaking Outsourcing at $10 Per Head
PayPerHeadAgents.com has just moved into a new state-of-the-art facility and are offering a bookmaking outsourcing package that starts as low as $10 per head (*Prices vary based on service options).
PayPerHeadAgents.com is heavily pushing its online casino platform with the understanding that it is the casino that helps supplement bookie revenues.
New Jersey’s Monmouth Park Racetrack to Begin Taking Sports Bets on Sunday
Within hours after Gambling911.com first broke the news that New Jersey’s Attorney General, John Hoffman, issued a directive no longer enforcing the prohibition of sports betting in that state, one of New Jersey’s largest race tracks announced it intends to start taking sports wagers as early as this Sunday.
Breaking News: Trump Atlantic City Casinos File for Bankruptcy, Taj Could Close
ATLANTIC CITY, N.J. (Associated Press) — Trump Entertainment Resorts filed for bankruptcy Tuesday and threatened to shut down the Taj Mahal Casino Resort, which would make it the fifth Atlantic City casino to close this year.
What are the Best Online Sportsbooks to Bet the NFL?
Gambling911.com has a breakdown of the very best online sportsbooks in which to bet the NFL for 2014.
AceSportsbook.com - Enjoy Live In-Play Betting and Mobile Gambling.
Christie in Closed Door Meeting to Discuss Fate of Atlantic City
ATLANTIC CITY – (Associated Press) - Gov. Chris Christie said Monday that Atlantic City is undergoing a natural and necessary transformation as it expands beyond a gambling-only resort.
Christie convened a summit meeting on the resort’s future that was closed to the public and press for all but the very beginning of his remarks. But afterward, he said the changes buffeting the seaside gambling resort couldn’t be avoided.
Atlantic City began the year with 12 casinos. Three of them have already closed, and a fourth is shutting down next week.
Closure of Revel Casino May Have Helped With Release of Ray Rice Beating Video
The Baltimore Ravens organization claims they never had access to a shocking video that emerged Monday showing running back Ray Rice brutally knocking his then fiancé unconscious in an Atlantic City casino elevator.
Ravens head coach John Harbaugh re-iterated that the Ravens had only viewed the surveillance video Monday morning after TMZ.com released it on their website.
Cá Cược Tại Orange County, California: dồi dào những con bạc người Việt
Những người ghi cá độ địa phương ở vùng Orange County, California được hưởng thêm một sự khuyến khích.
Garden Grove là nhà của 47 ngàn người ngụ cư Việt Nam. Santa Ana là nhà của 23 ngàn người Việt khác. Cả hai bao gồm cộng đồng Little Saigon. Los Angeles gần đó là nhà của cộng đồng người Việt với dân số lớn thứ 7.
“Nếu bạn là một người ghi cá độ có quan hệ gần gũi với cộng đồng người Việt hoạt động trong vùng này, khả năng tốt là bạn sẽ có được một kinh doanh có lợi nhuận.” Don Shapiro của công ty Gambling911.com bình luận.
Caesars Counting on Cold Weather, New Ad Campaign to Boost NJ Online Gambling
AdWeek.com says Caesars Online Casino is counting on a reboot in the Garden State when cold weather starts to roll in this November. They will be pushing a more aggressive advertising campaign on television as well, similar to that we saw earlier in the year with the Borgata and its partner site PartyPoker. New Jersey is served by two major television media markets: New York and Philadelphia.
The Pay Per Head Player Management Report: Simplification for Bookies
No more having to deal with customer accounting on a daily basis this Football season. Bookies have the Pay Per Head option and their ability to provide daily Player Management Reports.
It’s one of the biggest advantages of using a Pay Per Head service, being able to receive expansive in-depth customer reports in order to help your business grow.
Twilight Zone: Adeslon Favors Online Poker and Wants to Throw Hat in Ring
Las Vegas casino magnate and GOP mega donor Sheldon Adelson praised lawmakers who have taken on a pro-Internet gambling position and proclaimed: "(We are) pleased that the Nevada Legislature has taken the lead in regulating internet casinos" and added, "Our hat will be in that ring.”
The Las Vegas Sun also reported:
Gambling Regulators to Select Casino for Lucrative Boston Area License
BOSTON — (Associated Press) - State gambling regulators are set to begin deliberations on awarding the lucrative Boston-area casino license on Monday, even as voters will decide in November whether to repeal the state's casino law, halting the process altogether.
The choices are down to Mohegan Sun's $1.3 billion resort plan for the Suffolk Downs horse racing track in Revere and Wynn Resort's $1.6 billion waterfront casino on the site of a former chemical plant in Everett.
Where to Place Football Bets Online – 2014-2015 Season
You can place all your Football bets online at any one of the fine Internet sportsbooks listed below. Each offers their own unique bonus program, payment solutions and wagering options. Live in-play betting and mobile is available at most of these fine books. These are all Gambling911.com endorsed.
More Trading Activity at Bwin.Party Raises Eyebrows
As first reported by Gambling911.com on Friday, at least one Director in publicly traded Bwin.Party bought shares immediately after earnings. Within a day of those shares purchases, the company started to buy back shares in the open market.
Helmut Kern, Non Executive Director, bought 60,000 shares in the company on the 3rd September 2014, just one day prior, at a price of 92.42p. The Director now holds 60,000 shares.
“On the surface, there should be red flags raised here,” a Gambling911.com source following the unusual trading activity suggested.
NBA Commissioner Changes Stance on Sports Betting
NBA Commissioner Adam Silver believes that legalized sports betting is “inevitable” and that the National Basketball Association should embrace this concept.
ESPN.com Adds New Betting Guide Section for Sports in Shocking Turnaround
Is 2014 the year the US-facing sports world finally begins to embrace sports betting? It sure seems that way.
Jacksonville Firm Eyes Shuttered Show Boat Casino
ATLANTIC CITY, N.J. (Associated Press) - A Florida company that develops restaurant and entertainment complexes is interested in the former Showboat casino in Atlantic City.
Latitude 360, a Jacksonville company, said Friday the newly closed casino is one of three locations in Atlantic City it is considering for a $20 million project that would be paid for in conjunction with a financial partner. It would not involve gambling.
Company CEO Brent Brown said he has toured the former casino, which closed on Sunday, and has been in talks with its owner, Caesars Entertainment.
4 Mistakes to Avoid When Building Reputation in the Online Gambling Industry
In online gaming – and any other business, little is more important to a company than their reputation. It drives sales, brings in new customers, and allows a business to flourish.
The problem is that many businesses make several mistakes while trying to build their reputation. These mistakes sabotage their efforts, and, in many instances, lead to a reputation that is far worse than the one their company had when they began their public PR efforts.
Atlantic City Scores Gets Over 1000 Job Applicants After Casino Closures
Four casinos have either shut down or are in the process of shutting down in Atlantic City but at least one local business has scored big from these sudden closures.
SCORES Atlantic City, the legendary gentleman’s club, has realized a 40% increase in job inquiries over the past two weeks.
Nearly any position you can think of has witnessed a jump in applications including security, hostesses, bartenders, barbacks, entertainers, and DJs.
Bwin.Party Trading Activity This Week has Some Scratching Their Heads
At least one Director in publicly traded Bwin.Party bought shares immediately after earnings. Amazingly, within a day of those shares purchases, the company started to buy back shares in the open market.
“It’s immoral and unethical for Directors and Management to ‘front run’ a corporate buyback in a matter of hours,” a source tells Gambling911.com.
A la Wikipedia, front running is a practice whereby a stockbroker executing orders on a security for its own account while taking advantage of advance knowledge of pending orders from its customers.
Trump Plaza Might Try to Keep Betfair Online Gambling Relationship After Closure
(Associated Press) - Two Trump casinos in Atlantic City are in turmoil as the closing of Trump Plaza nears.
Trump Plaza is considering keeping its Internet betting operation online after the physical casino closes Sept. 16, and the Taj Mahal is experiencing money problems.
In a petition to New Jersey casino regulators, Trump Entertainment Resorts says it might try to keep its Internet gambling operation with online partner Betfair going after Trump Plaza closes on Sept. 16.
