Diddy and Mark Wahlberg Place $250K Bet on Mayweather-Pacquiao Fight

Over the past 24 hours, two of the entertainment industry’s richest men – music mogul P. Diddy and actor/producer Mark Wahlberg – have placed a $250K bet on the much ballyhooed Mayweather-Pacquiao fight (May 2). 

Diddy is back Mayweather while Wahlberg is all over PacMan. 

Submitted by Don Shapiro on,

Iowa Casino Doesn’t Have to Pay 87-Year-Old Grandma $41 Million Jackpot Error

IOWA CITY, Iowa – (Associated Press) - When an 87-year-old Illinois grandmother bet a quarter in an Iowa slot machine in 2011, she thought she'd hit it big. The screen said: "The reels have rolled your way! Bonus Award - $41797550.16."

Submitted by Associated Press on,

Bruce Jenner Comes Out and Doyle Brunson Tweets He Can’t Go Back

In a two-hour interview with ABC’s Diane Sawyer, former Olympian gold medalist and reality television dad Bruce Jenner revealed the worst kept secret: He’s a transgender.

Sawyer and her crew didn’t keep the audience hanging as the revelation came out during the first few minutes of the Friday night program. 

Submitted by Nagesh Rath on,

BetMayor Casino Complaints: Gambling Company Confiscates $51,000 From Player

A player has reported that BetMayor Casino has confiscated $51,000 in winnings after that individual went on a two-month hot streak, winning 87% of the nearly 40,000 hands.

Submitted by Jagajeet Chiba on,

William Hill Reports Record Weekly Loss in January

The United Kingdom’s biggest bookmaker revealed it lost £14m in January after a series of what it referred to as "customer-friendly" football results. 

BetOnline

Shares were down 3.3 percent in Thursday’s midafternoon trading as a result.  Some of that was recovered by Friday.

Submitted by Aaron Goldstein on,

Gambling911.com Founder Chris Costigan to Speak at Daily Fantasy Sports Expo

New York, NY--Ticonderoga Ventures, Inc. announces that publisher Chris Costigan of the leading gambling news site Gambling911.com will be speaking at the first ever Daily Fantasy Sports Expo

(www.fantasysportsexpo.com ) on August 6-7, 2015 at the Miami Beach Convention Center.
 

Submitted by Press Release on,

Pete Rose Gets Permission to Participate in MLB All Star Game This Summer

NEW YORK (Associated Press) – Commissioner Rob Manfred says Pete Rose will be allowed to participate in activities surrounding this summer’s All-Star Game in his hometown of Cincinnati.

BetOnline

Submitted by Associated Press on,

Law Firm Talks Violation of Poker Pro Paul Phua Rights as Part of FBI Ruse

In a case testing the boundaries of how far the government can go when creating a ruse to access a suspect’s premises, a U.S. District Court in Nevada concluded that the government’s disruption of internet service to a hotel room in order to generate a service call, and allow access by government agents, violated the Fourth Amendment rights of the hotel guest.

Submitted by Press Release on,

Las Vegas Sands Misses 1st Quarter Earnings: 34 Percent Drop in Profit

LAS VEGAS — (Associated Press) Las Vegas Sands Corp. CEO Sheldon Adelson said he knew what question was coming: when would the steady and steep decline in the world's most lucrative gambling market hit bottom?

A corruption crackdown that has shaken up the up-until-recently skyrocketing gambling business in Macau, China has sped swift drops in revenue and activity there.

Submitted by Associated Press on,

English Sports Betting Head Dead

The long time CEO and Managing Director of one of the first offshore sports betting companies, English Sports Betting, has passed away.

Tom Lanford died from natural causes recently.  He ran the long established company while it was based out of Jamaica during much of the 1990’s.  Once a wealthy businessman, Lanford was living on the streets of Atlanta, homeless, at the time of his death at 53.

Submitted by Jagajeet Chiba on,

Yahoo! to Enter Daily Fantasy Sports Sector

Long established in the world of season-long fantasy sports, Yahoo! CEO Melissa Mayer announced this week that the multinational Internet corporation and search engine powerhouse will be entering the real money daily fantasy sports market this summer.

Submitted by Aaron Goldstein on,

First New England Mobster Sentenced to Life for ‘3 Strikes’ Rule Dies at 75

Notorious New England mobster Gerard "The Frenchman" Ouimette has died of lung cancer at the age of 75.

Submitted by Jagajeet Chiba on,

Which Team Will Draft Marcus Mariota - Betting Odds

Sportsbook.ag was offering betting odds on which team will draft College Football stud Marcus Mariota.

Which Team will Draft Marcus Mariota?

Titans 7/5

Browns 7/2

Jets 7/2

Buccaneers 4/1

Rams 15/2

Redskins 12/1

Chargers 15/1

Bears 18/1

Submitted by Carrie Stroup on,

Marco Rubio Gains on Scott Walker at Bookmaker: Latest US Presidential Odds

Republican Senator Marco Rubio has now tied with Republican Wisconsin Governor Scott Walker at 10-1 odds of becoming the next President of the United States.

Submitted by Gilbert Horowitz on,

New Credit Card Merchant Number May Boost State Online Gambling Acceptance

Since New Jersey legalized online gambling in the Garden State over a year ago, one of the biggest obstacles has been the low acceptance rate of credit cards.

Many of the major banks have blocked nearly all forms of Web gambling transactions in recent years, failing to discern between "legal" (the NJ sector, fantasy sports, horse racing and state lotteries) and the "illegal".  

Submitted by Aaron Goldstein on,

Evidence Ordered Thrown Out in Phua FBI Ruse Case

A federal judge has ordered most of the evidence against poker pro Paul Phua thrown out as part of an FBI probe that apparently went a little too far. 

Phua and other alleged co-conspirators were said to have been running a World Cup betting ring from their villa at the Caesar’s Palace.  FBI agents posed as cable repairmen to gain access.

Submitted by Ace King on,

Jon Stewart Blasts Christie for Pot Stance While Endorsing Online Gambling

“Daily Show” host Jon Stewart took New Jersey Governor Chris Christie to task over his anti-marijuana stance while simultaneously endorsing legalized online gambling in the state.

Submitted by Jagajeet Chiba on,

Sportech Shares Rise on News of US Entry

Gambling group Sportech (SPO) gained 2.3% to 66.25p Tuesday on news its US racing subsidiary has been awarded a gaming licence in New Jersey.   

BetOnline

Submitted by Aaron Goldstein on,

Former Poker Pro Alex Jacob Ends ‘Jeopardy!’ Run

Former poker pro turned day trader Alex Jacob has ended his six-day winning streak on “Jeopardy!”

Jacob had won $129,401 after six victories on the popular U.S. game show, garnering somewhat of a groupie following. 

The one time 2006 US Poker Championship was perhaps most notable by some observers for wearing the same shirt each night. 

He is one of the most successful of “Jeopardy!” contestants and could appear on a future championship show. 

- Nagesh Rath, Gambling911.com

 

Submitted by Nagesh Rath on,

Iowa Halfway Home in Legalizing Fantasy Sports, State Senator Tells G911

DES MOINES, Iowa -- In 2006, the U.S. Congress passed the Unlawful Internet Gambling Enforcement Act (UIGEA), crippling online wagering by making it illegal to use financial instruments such as credit cards to fund Internet betting.

BetOnline

Submitted by Thomas Somach on,

Mobster Tried to Sell Art from 1990 Museum Heist

HARTFORD, Conn. (Associated Press) -- A reputed mobster told an undercover FBI agent that he had access to two of the long-sought paintings stolen from Boston's Isabella Stewart Gardner Museum in 1990 and could negotiate a sale of each for $500,000, a prosecutor said Monday.

Robert Gentile, a 79-year-old convict from the Hartford, Connecticut, suburbs with a criminal record dating to the 1950s, allegedly made the offer following his release from prison a year ago, prosecutor John Durham said.

Submitted by Associated Press on,

Chinese Authorities Shut Down PokerStars Sponsored Tournament

In their continued crackdown on gambling, Chinese authorities shut down a poker tournament sponsored by the world’s largest real money online poker site PokerStars this weekend.

The APPT tournament, which was set to take place in the city of Nanjing, underwent a raid by the Chinese National Police on Friday.

Submitted by Ace King on,

Adam Silver on Gambling and the NBA: ‘Good for Business’

NBA Commissioner Adam Silver has doubled down on his initial stance that sports betting should be legalized in the U.S.

Silver stunned many after writing an op-ed piece in the New York Times last fall suggesting that sports gambling should be “brought out of the underground”.

On Monday, the NBA Commissioner took things one step forward.

Submitted by Aaron Goldstein on,

100,000 Officials Reprimanded as Part of Chinese Corruption, Gambling Crackdown

BEIJING –  (Associated Press) - The top anti-graft body of China's Communist Party says more than 100,000 officials have been reprimanded since late 2012 for violating policies mandating more austere working practices.

The party's Central Commission for Discipline Inspection said in its monthly report Monday that 5,340 officials were reprimanded in December 2014, the most recent month studied. That pushed the two-year total of reprimanded officials to 102,168.

Submitted by Associated Press on,

RAWA Author Graham 91 Percent to Run for US President: 200-1 Odds to Win

South Carolina Senator Lindsey Graham has said there is a 91 percent chance he will run for U.S. President in 2016 on the Republican ticket.

Submitted by Gilbert Horowitz on,

LatestBingoBonuses.com: The Place to Shop for Bonuses

That horrifying moment when you’re in the shower and realize that you’ve run out of shampoo can be devastating to all of us. As difficult as it may be, we work through the devastation and know exactly what we need and where to get it at the best price. Just as you have a shampoo shop in mind that has precisely what you need, LatestBingoBonuses.com (LBB) is a one stop shop for no deposit bingo bonuses and free trials, coupons included.

Submitted by Payton on,

TopBet Slow Payouts Complaints Blamed on Processing Issues

A series of slow payouts complaints related to three-year-old Manila-based online sportsbook TopBet.eu have begun filing in to the industry monitoring site SportsBookReview.com, prompting concerns from sports bettors.  Update: April 25, 2015 - Some affected players report receipt of payments

Submitted by Aaron Goldstein on,

Poker Champion Alex Jacob Has Won $129,401 on ‘Jeopardy!’

Former poker pro Alex Jacob is now a 5-time champion of the hit U.S. game show “Jeopardy” and he is making quite a name for himself.

Jacob has so far won $129,401 and will appear once again on the show this coming Monday.

Submitted by Nagesh Rath on,

Major Milestones Being Reached This Weekend at Americas Cardroom

US-facing online poker site, Americas Cardroom recently reported that they've jumped up to the #2 spot in the U.S. online poker rankings. The online poker site today revealed that they're on track to hit a number of major milestones this weekend, including the highest-ever Sunday Special tournament with a $100,000 prize pool and the launch of Jackpot Poker.

 

Submitted by Press Release on,

Harry Reid Vows to Help Adelson With Internet Gambling Prohibition Bill

Outgoing Senate Minority Leader Harry Reid has said he will assist in any way possible to push through legislation banning most forms of Internet gambling, including poker.

Restore America’s Wire Act or RAWA is the brainchild of casino magnate and GOP megadonor Sheldon Adelson.  The legislation is co-authored by Republican Senator Lindsey Graham of South Carolina and Republican Representative Jason Chavitz of Utah.

Submitted by Gilbert Horowitz on,

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