Bill to Allow NJ Licensing of Foreign Internet Gambling Firms One Step Closer
(Associated Press) - A plan to let New Jersey casino regulators oversee foreign Internet gambling companies if they move their operations to Atlantic City has moved a step closer to approval.
A state senate wagering committee approved the bill Monday.
The measure is sponsored by Sen. Raymond Lesniak. He says many overseas gambling companies want the stamp of approval that would come from submitting to New Jersey's casino regulators, who are among the strictest in the nation.
The foreign firms wouldn't be able to take bets from anyone in the United States.
Ronn Torossian Says CNBC’S Reality Show ‘Money Talks’ Is A ‘Sham’
"Owning a PR firm, I know well that while reality TV is often scripted, and rarely reflects “reality”, CNBC’s new show "Money Talks" which focuses on the world of sports handicapping crosses over the line of acceptable entertainment."
Ronn Torossian of 5WPR wrote an op-ed which should interest the readers of Gambling911 immensely.
GOP Mega Donor Adelson Hires Former Democratic Senator
Casino Magnate and GOP mega donor Sheldon Adelson has hired former Democratic Senator Blanche Lincoln as part of his campaign to abolish legalized Web gambling in the US.
Adelson’s Las Vegas Sands corporation hired Lincoln Policy Group, according to public records obtained by Politico.com.
William Hill, Ladbrokes Shares Hit Again Following UK Budget Woes, Downgrades
Leading UK bookmakers William Hill and Ladbrokes witnessed yet another share decline on Monday following a downgrade and unfavourable football results over the weekend.
Hill dropped 1.33% Monday, Ladbrokes dropped 0.53%.
Is New Jersey Online Gambling Driving Down Casino Revenue in Pennsylvania?
Forecasts for online gambling revenue in New Jersey may not quite be reaching targeted expectations but there could be an additional positive impact, at least where the Garden State is concerned.
Neighboring Pennsylvania casino revenues are now on the decline since New Jersey Internet gambling launched last November.
Pennsylvania has severely cut into New Jersey’s brick-and-mortar casino industry for nearly eight years.
Florida's Gambling Growth Fuels Legislative Push
TALLAHASSEE, Fla. — (Associated Press) - South Florida has frequent flights from around the country, Latin America and Europe visitors by the millions each year and Indian casinos that perform better than those in most other states. On top of that, the weather is terrific.
Zoltan Gal Wins Eureka Poker Tour 2014
Zoltan Gal from Hungary has won the first ever Eureka Poker Tour event held in Vienna for €208,655. The 27-year-old was the last man standing in the record-breaking event after beating Austria's Andreas Freund heads up. The pair cut a deal with €10k, the trophy and the title left to play for. Gal eventually grabbed it all meaning he scored a €208,655 payday while Freund gained a €174,655 reward. It has been record-breaking event back-to-back beating Prague's December stop by 117 players with 1,432-player field
EPT Vienna Main Event 2014 Set for Huge Numbers
A giant field is predicted for the EPT Vienna Main Event which kicks off at noon tomorrow at the stunning Hofburg Palace, the former imperial residence in the heart of the Austrian capital. (A record-breaking 1,432 players turned up for the Eureka Vienna Main Event, the debut event of the EPT Vienna Poker Festival and now down to just nine players.) There are more than 330 players already registered for EPT Vienna including 265 who won their seats on PokerStars plus more than 20 members of Team PokerStars Pro, PokerStars Team Online and Full Tilt Poker Ambassadors.
Pope Tells Italian Mafia to Stop Evil or Prepare for Hell
(Reuters) - Pope Francis, in an annual ceremony held to remember the hundreds of innocent people murdered by the Italian mafia, made a solemn plea for mobsters to change or else "end up in hell".
The mafia continues to plague much of southern Italy: just on Monday, a four-year-old boy was shot dead, along with his mother and her boyfriend, near the southern city of Taranto in a suspected mob hit.
Borgata Spring Poker Open 2014 Announced
Borgata Hotel Casino & Spa today announced details of its fifth annual Borgata Spring Poker Open beginning on April 8 with the $1 Million Guaranteed Deep Stack No Limit Hold’Em event and concluding with the prestigious $5 Million Guaranteed Televised WPT World Championship (April 21-26). For the first time in its twelve-year history, the World Poker Tour’s crowning event will be held outside of Las Vegas, as a champion will be named at Atlantic City’s preeminent poker destination.
Pope Francis Shuns Mafia Dons: Holds Vigil for Victims
Pope Francis held a vigil for victims of organized crime in Italy on Friday.
Thousands of people in Italy have lost loved one’s at the hands of the Italian Mafia, according to reports. A toddler and his parents became the latest vicim of Mob violence just hours after Pope Francis announced his visit on Monday.
Russian Billionaire Who Won Gambling Libel Case Could Face EU Sanctions
A Russian billionaire who won a gambling libel case in 2010 is facing possible EU sanctions following Russia’s annexation of Crimea.
Online Gambling Affiliates Now Welcome in New Jersey With Income Access
Popular online gambling super affiliate company Income Access has entered into a partnership with Betfair.com to allow affiliate marketing in New Jersey.
Internet gambling firms are looking for creative ways to catch up with bwin.party, which so far has dominated the airwaves and offline media throughout the New Jersey-New York-Pennsylvania region.
Whether affiliates will be enticed enough to focus on such a limited market remains to be seen. Only those physically located in New Jersey will be able to wager with Betfair.
Nevada, Delaware Multi-State Online Poker Compact Draws Ire of Congress
(Associated Press) - Nevada and Delaware’s recent agreement to launch the nation’s first collaborative, interstate online poker zone appears to have drawn a backlash from gambling’s opponents in Congress, who are planning to drop a bill rolling back the legal opinion underlying the recent deal.
Cato Institute and Pacific Legal Foundation Back New Jersey Sports Betting Bid
New Jersey received some welcome news from the prestigious Cato Institute and the Pacific Legal Foundation Thursday. They filed an amicus brief in support of New Jersey’s bid to have the U.S. Supreme Court hear their protest of a 1992 federal law that is preventing the Garden State from offering sports betting to its citizens.
Michigan Withdraws Rules for Charitable Games
LANSING, Mich. (Associated Press) - A Michigan agency has withdrawn proposed new rules to rein in the charitable gambling industry to consider possible changes because of opposition from some lawmakers.
The state Gaming Control Board notified a joint legislative rules committee of its decision Wednesday.
Gov. Rick Snyder's administration is hoping to crack down on "millionaire parties." The events help charities raise money but have drawn criticism as "de facto casinos" also bringing large profits to bars and poker rooms.
Sicilian Mafia Boss Dissolved in Acid: Three Men Arrested
Three men this week were arrested for the 2002 murder of Sicilian Mob boss Andrea Cottone.
|
|
What is the Minimum Money Amount to Open an Online Betting Account?
Many Gambling911.com readers ask this question: What is the minimum to open an online wagering account to start betting?
While the amount differs between sportsbooks, typically $25 to $50 is required to fund an account before you can start wagering. $50 to $100 is usually the amount needed to take advantage of bonus offers.
Actual bet minimums can be as low as $1 though $10 to $25 is the average wager placed online ($50 via the phone).
Examples from various online sportsbooks appear below.
23 Players Committed to Playing in WSOP $1 Million Buy-In Big One for One Drop
Las Vegas, Nevada – Despite the event being more than three months away, seats are fast filling for the second running of The BIG ONE for ONE DROP, the $1 million buy-in No-Limit Hold’em charity poker tournament being held as part of the 45th Annual World Series of Poker (WSOP) in Las Vegas, with 23 entries already confirmed to participate.
Can I Bet Online Using My Mobile Device? Iphone, Android, Blackberry Included
We get this question a lot and the answer is a resounding “YES”. You can place bets online using your iPhone, Android and Blackberry mobile devices at nearly all online sportsbooks. Most also offer betting via an iPad.
SatoshiDice.com Bitcoin-Denominated Stock Sale Draws Ire of SEC
Bloomberg News is reporting that the Securities and Exchange Commission is conducting an investigation into the Bitcoin-denominated stock sale of the online gambling website SatoshiDice.com.
Lindsey Graham Online Gambling Ban Bill Expected to be Introduced Next Week
Republican Senator Lindsey Graham is expected to introduce his bill that would outlaw all forms of online gambling as early as next week.
2nd Season of Sports Betting Reality Show ‘Money Talks’ Debuts Tonight
CNBC renewed the controversial sports betting reality show “Money Talks”, which premieres Wednesday night (March 19) at 10 pm EDT.
Dan Gosling Hit With £30,000 Fine for Gambling Violation
Newcastle United midfielder Dan Gosling has been fined £30,000 after admitting to multiple breaches of the FA's code on gambling on March 10.
Policy states a player "shall not bet, either directly or indirectly" on matches they are involved in, their team, or the competition they play in.
"Newcastle United's Dan Gosling has been fined £30,000, subject to any appeal, and warned as to his future conduct following an Independent Regulatory Commission hearing," an FA statement read.
Atlantic City Mayor: New Jersey Locked Out of March Madness Betting Unfair
ATLANTIC CITY, N.J. (Associated Press) — By this time, New Jersey figured it would be raking in the bets on professional and college sports.
But with its two-year bid to offer legal sports betting stalled and relying on a long-shot appeal to the U.S. Supreme Court, the only madness this March will bring New Jersey is anger that things did not turn out quite the way it hoped.
Paddy Power Pistorius ‘Will He Walk’ Bet Ad Most Complained About Ad Ever
The UK Advertising Standard Authority (ASA) has said that Irish bookmaker Paddy Power’s Oscar Pistorius murder trial 'Money Off If He Walks' ad was the single most complained-about advertisement ever recorded.
Paddy Power was forced to pull the ad after the ASA issued it a dire warning.
The ASA in its findings released Wednesday said: "We acknowledged that the ad had appeared in the context of a high profile murder trial that had received extensive media coverage and was of interest to the public.
William Hill, Other UK Bookmakers Hit Hard by Budget Blow
(Reuters) - The FTSE 100 slipped on Wednesday, with insurer Legal & General and gambling company William Hill slumping as changes imposed by the UK budget threatened their profits.
Taj Mahal Killer Confesses to Two More Atlantic City Murders
Raheem Simmons, 20, pleaded guilty Tuesday (March 18, 2014) to two counts of aggravated manslaughter for the 2011 shooting deaths of Antwan Brown and Travon Kinard in Atlantic City. Both victims were 20 years old at the time of they were killed. All three resided in Camden, New Jersey.
Pope Francis Plays Down Mafia ‘Hit’ Fears: Toddler Latest Victim of Italy Mob
The Vatican announced this week that Pope Francis was set to visit with victims of Italy’s Cosa Nostra.
“For the families of innocent victims, this meeting with the Pope is a gift,” Fr. Luigi Ciotti expressed in a March 15 article on Vatican Radio.
How Much Will be Bet on This Year’s NCAA March Madness Tournament?
Thinking about betting on this year’s NCAA Basketball Tournament? You’re not alone. If you’re wondering how much money will be bet on this year’s March Madness, here’s your answer…
Approximately $12 billion was wagered on last year’s tournament with one quarter of that being bet in office pools.
Compare that number to this year’s Super Bowl, arguably the most wagered on single day sporting event.
