Gambling Companies
Gambling Companies, Gambling Stocks
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
Overhyped Stadium Poker Tour Scaled Back After Failing to Meet Expectations
The International Stadiums Poker Tour (ISPT) has been scaled back and might not even happen at all, according to organizers.
From PokerFuse.com:
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.
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.
US-Facing Online Poker Rooms do Traffic Switcheroo
Three of the leading US-facing online poker rooms/networks are just on the cusp of breaking into the top 10 this week with Revolution Gaming (Lock Poker, Cake Poker) already at the number 10 spot according to traffic monitoring website, PokerScout.com.
Amaya Gaming Reportedly Looking to Acquire Ongame from Bwin.Party
eGaming Review Magazine was reporting that Canadian online gambling software provider Amaya Gaming was about to announce the acquisition of Bwin.party’s poker network Ongame.
Specific details of the arrangement have yet to be announced.
Bwin.party, the world’s largest real money online gambling firm, has been looking to unload Ongame for some time.
Maine Oxford Casino Expansion Under Consideration
AUGUSTA, Maine (Associated Press) — Final approval of an expanded gambling area at Maine’s newest casino is being considered by the state Gambling Control Board.
At its regular meeting Tuesday, the board will consider approving an expansion to the Oxford Casino, which opened in June in the western Maine town of Oxford.
The casino now has 529 slot machines and 12 table games including blackjack, craps and roulette.
It’s hoping to add 10 more table games and hundreds more slot machines in October.
Feds Dispute Cardroom International’s Rights to Full Tilt Poker Software
The US Government has filed a response to Cardroom International’s assertion that it has rights to control Full Tilt Poker’s software. Full Tilt Poker, which was acquired by PokerStars this summer, is set to come back online the first week in October.
Cardroom had previously filed a Civil Racketeering Influenced and Corruption Organization Act (RICO) suit alleging wrongdoing by Full Tilt Poker and PokerStars last month.
Snow Job: ‘New’ Owners of Defunct Online Poker Room Purple Lounge Speak Out for First Time
The “new” management of Media Corporation, parent company of the now defunct online poker site Purple Lounge, have spoken out for the first time about the long established Web card room’s closure.
In an interview with InfoPowa, Management admitted that the handling of Purple Lounge’s closure has not been particular smooth.
Pamela Anderson Wants to Challenge for Top Tier Spot in Online Poker Market with BamPoker
Actress and activist Pamela Anderson is the face behind BamPoker, a social gaming company looking to secure the number two spot in the online poker market by next year.
“We are looking to build a community,” noted Elton Pereira, Co-founder and CEO of BamPoker.
Zynga, the world’s number one free-to-play online poker social gaming site may be talking “real money” gambling now, Bam is happy with the “free play” model for the time being.
Bookies Make a Killing on Week 3 of College Football
Sure Alabama dismantled Arkansas as the most wagered on side of the week, but the bookies won just about every important game aside from this one during Week 3. Bet on the NFL and College Football online at Bookmaker.eu here and receive up to $2500 in FREE CASH (restrictions apply) - Mobile and iPad compatible.
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Asian Gambling Boom Targets Filthy Rich
(Associated Press) - In the Philippines, a $4 billion casino will soon rise from reclaimed land on Manila Bay. In South Korea, foreign investors are expected to break ground next year on a clutch of casino resorts offshore. And on the eastern edge of Russia, authorities plan a resort zone aimed at drawing Chinese high-rollers.
New Jersey Ok’s Plan for Mohegan Sun to Run Resorts Casino in Atlantic City
Absent from the Atlantic City casino market for more than 30 years, Native American tribes have recently turned a close eye on the seaside gambling resort, with two tribes taking very different paths.
On Friday, New Jersey regulators gave approval to the Mohegan Tribal Gaming Authority to run the day-to-day affairs of Resorts Casino Hotel and to buy 10 percent of the company. The decision came just two days after the Seminole Indians scrapped a plan to build a new "boutique" casino, citing the poor economy and cutthroat competition from gambling halls in neighboring states.
UBS Rogue Trader Labeled as ‘Naked Gambler’
(Reuters) - Former UBS trader Kweku Adoboli put the Swiss bank's survival at risk through naked gambling that risked up to $12 billion, cooking the books and lying to his bosses until his "pyramid of fraud" collapsed, a British court heard on Friday.
Adoboli, 32, is on trial by jury in London accused of fraud and false accounting that in the end cost UBS $2.3 billion. He has pleaded not guilty.
Phil Hellmuth Auctions Off Prize - Himself
Poker pro Phil "Poker Brat" Hellmuth Jr. recently held an auction to auction off a very valuable prize.
The prize was--Phil Hellmuth!
Yes, in what could be a new low in egomaniacal behavior by a poker player, even a self-styled publicity-seeking "brat," Hellmuth has auctioned off himself!
And what value does the "Poker Brat" assess to a night of his company?
How does $25,000 strike you?
All can be forgiven in this case, however, because Hellmuth did it for charity.
So what was the prize exactly?
Poker Pro David Benyamine Now on Board with International Stadiums Poker Tour
The Groupe Bernard Tapie funded International Stadiums Poker Tour has brought on yet another powerful spokesperson in the form of David Benyamine.
The event, slated to begin next May, is forecast to bring in some 30,000 players from around the globe who will play from the stands online. The field will then dwindle down to a specified number who will play live. To date, only 3337 players have registered, a mere fraction of the 30,000 goal.
Full Tilt Poker Set to Re-Launch November 6
Full Tilt Poker has begun verifying the authenticity of customer accounts as it prepares for a re-launch on November 6.
Nevada Video Game Company 3G Studios Becomes First to Enter Online Gambling Market
Video game developer 3G Studios filed with the Nevada Gaming Control Board for multiple Online Service Provider’s licenses, making them the first video game company to move into the U.S. online gambling market. With this move, 3G Studios will be the first video game company to be approved for real-money gambling in the U.S.
Poker Pro Nancy Todd Gets Second Shot at Taking Control of Casinos in Arkansas
LITTLE ROCK — (Associated Press) - An attorney for a woman seeking exclusive rights to operate casinos in Arkansas says the state has turned the initiative process into an “obstacle course” by rejecting her proposed ballot measure.
Atlantic City Sees Rare ‘Up’ Month for Revenues in August
ATLANTIC CITY, N.J. (Associated Press) — Free from having to deal with hurricanes this year, Atlantic City's casinos saw their revenues increase by 12.6 percent in August — a rare "up" month for a resort still reeling from competition all around it.
The city's casinos took in nearly $314 million from gamblers in August, marking just the second monthly increase in four years.
Columbus Hollywood Casino Operator’s License Approval Anticipated
COLUMBUS, Ohio – (Associated Press) - The Ohio Casino Commission is expected to approve the operator's license for the new casino opening next month in Columbus.
Hard Rock Scraps Atlantic City Plans
ATLANTIC CITY, N.J. (Associated Press) — A group has scrapped a plan to build a smaller "boutique" casino that would have been run by the Seminole Indians through their Hard Rock franchise on the Atlantic City Boardwalk.
AC Gateway LLC tells The Associated Press it is not proceeding with a casino-hotel that could have included a musical history museum with items from when the Beatles and Rolling Stones separately played Atlantic City.
Greece to Privatize Prized Gambling Monopoly as Means to Appease Lenders
(Reuters) – Greece outlined a plan to sell one of its most profitable state-controlled companies, gambling monopoly OPAP, reviving a stalled privatisation drive to appease international lenders.
Inspectors from the troika of European Commission, European Central Bank and International Monetary Fund lenders are in Athens on a crucial visit that will determine whether the country gets further aid under its latest bailout programme.
Penn National Ponies Up Another $4 Million to Try and Stop Baltimore Casino
Penn National has added another $4 million to the $5.5 million already donated to try and prevent the construction of a Baltimore casino. Voters will have the opportunity to make the final decision come Election Day and Penn is determined to try and discourage residents from backing such a plan.
What The US Government Alleges Howard Lederer Did With The Full Tilt Poker Player Funds
Distributions to Full Tilt Owners, Including the FTP Insiders 124: Rather than protect player funds as promised, Full Tilt Poker distributed hundreds of millions of dollars to its owners. Beginning in April 2007 and continuing through April 2011, Tiltware LLC’s Board of Directors, to wit, the FTP Insider Defendants, authorized the distribution of approximately $443,860,530 to the owners of Tiltware LLC, including themselves, further promoting and facilitating the ongoing illegal operation of Full Tilt Poker during this time period.
IGT, Entraction Scales Back on Internet Poker: Skins Left Homeless
Citing diminished returns, International Gaming Technologies (IGT), has opted to scale back on its Web poker business. Those online card rooms operating on the network were informed of this decision earlier in the week.
Camasino Poker Club: Online Gambling Site to Open Land-Based Casino Outside Montreal
Camasino has made a deal with the owner of a poker club located in Kahnawake to change its name from Snakes Poker Club to “Camasino Poker Club”. Camasino will hold major Canadian events at the location along with entertainment and other services giving the clients a Vegas feel!
Nevada Online Poker Applicant to Sell Lottery Tickets to Zynga
Scientific Games has announced a partnership with the world’s largest “free play” online poker venture, Zynga, whereby it will sell lottery tickets to the popular social gaming firm’s 320 million monthly customers, including poker players.
Steven M. Saferin, President of the company’s properties group and chief creative officer, stated during the World Lottery Summit in Montreal last week that “Zynga players could win instant tickets for cash or virtual goods.”
Coconut Creek May Become Casino Destination with Mammoth Entertainment Center Planned
The Seminole Tribe of South Florida are looking to develop a mammoth hotel, casino and entertainment complex in Coconut Creek.
The establishment would feature 20 stories, 1000 rooms and an expanded 2500-seat movie theatre and casino.
Still, the idea could be just a pipe dream as no firm date has been set as to when such a project might begin development.
