Mark Cuban Sports Hedge Fund Revisited
(CNBC) - More than four years ago, Dallas Mavericks owner Mark Cuban said that if he started any hedge fund, it would be a sports gambling hedge fund.
Cuban quickly noted that it was merely a fantasy: as an owner, he wouldn't be allowed to bet. But I can't stop thinking about the fact that that idea probably would have yielded among the best percentage returns of any hedge fund this year.
Sahara Casino Armed Robbery Suspect Mug Caught on Tape
Las Vegas police have released stills of a man caught on video who is believed to have taken part in a robbery at the Sahara Casino two weeks ago.
PartyGaming is a Scary One-Eyed Monster With Little Bite
PartyGaming, once the world's largest online poker firm with more than half the market and a darling of the London Stock Exchange, has gone into free fall in recent years. Amazingly, despite losi
Doyle Brunson: Anurag Dikshit is Appropriately Named
In his latest blog, the man behind one of online poker's fastest growing rooms, Doylesroom.com, speaks candidly about Anurag D
Cowboys Loss, Patriots Not Making Playoffs Saves Bookies
With the Dallas Cowboys and New England Patriots both being early favorites to win the 2009 Super Bowl, it is estimated that nearly half the future bets placed on the big game have already been los
Utah Says No To Online Gambling
The state of Utah doesn't even have a lottery let alone statewide casinos. But with a failing economy, those within Utah fear that online gambling could be adopted as a way of boosting the state'
South Korea: Internet Gambling Charges Up 700 Percent
This year, 1,681 people have been charged with illegal gambling over the Internet in South Korea compared to just 248 this year. The rationale behind this: In a struggling economy desperate peo
JetBlue Begins Flights to Costa Rica
The online gambling rich nation of Costa Rica will soon be able to enjoy the JetBlue experience. The Central American nation is the largest employer in the North American Internet gambling sector
BetFair Blamed for Exposing Gambling to Children
Angry Aussies have expressed disgust over BetFair, the world's largest online betting exchange, claiming that the firm's cricket ads were
UltimateBet Cereus Poker Respond to Hellmuth Payout Error
Tokwiro Enterprises ("Tokwiro") issued the following statement today, concerning the correction of a winning hand played on the CEREUS Poker Network on Saturday, December 20, 2008.
Gambling Industry Not Recession Proof We Learn
The top story in 2008 according to CasinoCity.com, the thinking that the casino industry is "recession proof" is no longer true and, unfortunately
Fire at The Monte Carlo Ranks Among Top 10 Stories of 2008
When the famed Monte Carlo Hotel in Las Vegas caught fire last January, it was deja vu for Sin City who experienced one of the worst hotel fires in history during the 1980's with the MGM Hotel trag
Antigua Sees Increase in Gaming Licensing Up 100 Percent
Director of Gaming, Kaye McDonald told the Antigua Sun the Financial Services Regulatory Commission is in the midst of processing and reviewing inquiries from entities interested in becoming licens
Poker Players Alliance Lashes Out At PartyGaming Exec
The Poker Players Alliance has finally spoken out about Anurag Dikshit, founder and shareholder in PartyGaming, and his deci
Poker Pro Phil Hellmuth in Online Poker Hand Scandal
The popular TwoPlusTwo.com posting forum has been screaming for the head of UltimateBet.com celebrity spokesperson, Phil Hellmuth.
Dennis Phillips: Life After The 2008 WSOP Final
Gambling911.com Senior Correspondent, Jenny Woo, had an opportunity to sit down with 3rd place finisher at this year's World Series of Poker final, Dennis Phillips, to discuss what he's
PartyGaming Founder May Not Be Out Of Woods Yet
The online gambling sector was a little stunned last week when news first broke on sites such as Gambling911.com that PartyGaming co-founder, Anurag Dikshit, pled guilty to illegal Internet gamblin
Common Currency Likely in Costa Rica, Central America
Central American leaders are pledging to create a joint credit fund and promote fiscal stability to cope with the effects of the world financial meltdown.
Dikshit Prison Term Like Time At Resort Compared to India Jails
Anurag Dikshit, a co-founder of PartyGaming, pled guilty last week to illegal Internet gambling and agreed to cooperate with the U.S.
Merge Poker Network Likely to Pass Bodog Poker
The Merge Poker Network, which includes its flagship brand Wass Poker could be on its way to surpassing Bodog Pok
New England Patriots Huge Win A No Win For Bookies
The online bookies couldn't win with the Arizona Cardinals vs. New England Patriots game no matter what line they came up with.
"My personal favorite, and the public loves them too, New England -8 against an Arizona team that can't win on the East Coast," Gambling911.com's own Carrie Stroup predicted coming into this game. "(The Cardinals) will be facing brutal weather conditions and really has nothing more to gain. If this isn't a blowout - forget the 8 points - New England doesn't belong in the Playoffs."
Armed Robbery at the Sahara Hotel Poker Room in Vegas
Las Vegas police were investigating an armed robbery at the Sahara Hotel that took place just before 6 pm Friday evening.
Chino Rheem Wins Another Million at Poker Classic
It's been a great year for poker player David "Chino" Rheem. Having finished 7th at this year's World Series of Poker and cashing out with $1.8 million, the 28-year old poker
Record Number of Bets Taken on UK White Christmas
The bookies should make out rather well this coming Christmas Day as a record number of bets were taken on whether there would be a white Christmas.
Don't count on it now.
Why an Online Card Room Folds
Internet poker room Zosoz (www.zosoz.com), which went out of business this week just two months after going online, most likely had cash flow problems that caused it to fold.
Leyden, Fleischaker Lauded for Kentucky Gambling Fight
The Interactive Media Entertainment & Gaming Association has taken center stage in the fight to ensure online poker and sports betting become one's legal right. Juggling a federal and state a
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.
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
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
