Gambling News: Did Congressman John F. Tierney Knew about Sports Betting Business

This is the latest gambling news as published June 29, 2012 during the overnight and early morning hours including breaking news that Massachusetts Representative John F. Tierney may have known about his brother-in-law’s offshore sports betting business.  Wife Patricia was convicted of aiding her brothers in running the Antigua-based operation.  Please follow us on Twitter here for up-to-the-minute breaking news

Submitted by Aaron Goldstein on,

Introducing GoldenNuggetPoker.com

Golden Nugget, Inc. and Landry’s, Inc. have announced the launch of the online poker website GoldenNuggetPoker.com in anticipation of the US market opening up for real cash play across a broad range of states including Nevada and Nevada.  Online poker became legal in Delaware today (June 28, 2012). 

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Submitted by Aaron Goldstein on,

The Poker Players Championship 2012 Down to 3

The Poker Players Championship 2012 was down to just three players after 5 pm PST including Michael Mizrachi, Andy Bloch and Chris Klodnicki. 

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These three individuals have won over $19.2 million between them and stand to win another $2 million and some change total when all is said and done.

1st place gets $1,451,527, 2nd gets $896,935, 3rd gets $561,738.

Submitted by Ace King on,

Ladbrokes Share Price Plummets 12 Percent: Weak Margins Cited

Ladbrokes, one of the UK’s largest bookmakers, saw its shares fall almost 12 per cent after issuing a profit warning due to declining revenues in its online business

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From Christopher Thompson of the Financial Times: 

Submitted by Aaron Goldstein on,

Gambling News – Bookies, Bettors Thrilled That Late NFL Games Pushed Back 10 Minutes

This is the latest gambling news as published June 28, 2012 during the 4 pm EST hour.  Please follow us on Twitter here for up-to-the-minute breaking news

Sports Bettors, Bookies Alike Rejoice Over Sunday Late NFL Games Being Pushed Back 10 Minutes

 

Submitted by Gilbert Horowitz on,

Online Poker Now Legal in Delaware: Governor Signs Bill Into Law

DOVER, Del. (AP) — Gov. Jack Markell has signed a bill authorizing online betting in Delaware and more venues for sports wagering and other gambling.

Markell signed the measure Thursday, less than 24 hours after it narrowly passed the state Senate. The Senate vote was marred by controversy as a Democratic lawmaker who opposed the bill mistakenly voted for it, thinking he was voting for an amendment instead.

Submitted by on,

Top Macau Casino Tycoon Bludgeoned With Sticks, Hammer

(UPI) - A top casino magnate was bludgeoned by six men in his own casino in Macau, China, an attack police say is reminiscent of Macau's violent history.

Casino hotel investor Ng Man-sun was dining in the restaurant of the New Century Hotel Saturday with a female guest when six men rushed in and beat them with hammers and sticks. The New York Times reported Ng's legs and arms were badly injured; however, the assailants avoided striking him in the head.

Submitted by on,

Latest Gambling News – Is EU Really Planning to Reign in Offshore Online Gambling Sites

This is the latest gambling news as published June 28, 2012 during the Noon EST hour includes a plan by the EU to crush online gambling businesses...or maybe not.  Please follow us on Twitter here for up-to-the-minute breaking news

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The EU Wants to Reign in Illegal Online Gambling Websites
 

Submitted by Gilbert Horowitz on,

Supreme Court Upholds Obamacare, Individual Mandate Despite Betting Trends

Though 75 percent were wagering on the Supreme Court scratching the most controversial portion of US President Barack Obama’s healthcare plan, the individual mandate, the high court instead opted to uphold the entire law as “Constitutional”.

Intrade.com, a leading prediction market, typically gets it right when coming down to the wire.  This turned out to be the exception.

Submitted by Gilbert Horowitz on,

Delaware Online Poker Roll Call Vote Could be Rescinded: ‘Sorry, I Meant to Vote No’

Just when we thought online poker was about to easily become legal in the state of Delaware following yesterday’s vote in the Senate, one of the Senators has come forward to proclaim that he “accidently voted ‘yes’ when he meant to vote ‘no’.”

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Say what?

Submitted by Gilbert Horowitz on,

Latest Gambling News – Delaware Online Poker, The Poker Players Championship

This is the latest gambling news as published June 28, 2012 during the 10 am EST hour including Delaware online poker and WSOP updates.  Please follow us on Twitter here for up-to-the-minute breaking news

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The Poker Players Championship – WSOP 2012 Final Table Determined

Submitted by Gilbert Horowitz on,

Pam Anderson is Back With BamPoker.com

Pam Anderson got into the online poker game a few years back – courtesy of Doyle Brunson - and that lasted about a month as the Unlawful Internet Gaming Enforcement Act (UIGEA) was passed shortly thereafter. 

Now Pamela Anderson is back with BamPoker.com, part of the Facebook social gaming market.

Social casino games are reportedly played by 13 percent of all gamers.

Submitted by C Costigan on,

WSOP The Poker Players Championship: Viktor Blom Just Barely All-In

After leading with chips heading into Wednesday’s WSOP The Poker Players Championship, online poker phenom Viktor “Isildur1” Blom was clinging to life just before the dinner break with just 14 players left.

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The good news for Blom is that he’s guaranteed at least $105,235, as are the remaining players.

Submitted by Ace King on,

Like Elvis, Lefty Rosenthal Generates Money From the Grave

The ghost of Frank "Lefty" Rosenthal lives on.

The Mob-connected Las Vegas sportsbook operator, whose life was made into the movie "Casino" and who died in 2008, still has a website that's up and running--despite being dead for four years!

Submitted by Thomas Somach on,

California Resurrecting Online Poker Bill From the Dead

With news that the state of Delaware is on the cusp of legalizing online poker following a measure sailing through the Senate on Wednesday, California is trying desperately to resurrect its own Web poker bill, one fraught with opposition. 

PokerNewsReport.com noted

Submitted by Gilbert Horowitz on,

Full Tilt Poker Defendant John Campos Gets Sentenced to Three Months Prison

A former Utah banker, John Campos, has been sentenced to three months prison time for his role in an alleged money laundering scheme involving online poker rooms PokerStars, Full Tilt Poker and UB.com. 

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Campos was sentenced Wednesday in Manhattan. The former vice chairman of SunFirst Bank in St. George pleaded guilty in March to a misdemeanor gambling charge.

Submitted by C Costigan on,

Online Poker Bill Passes in Delaware Senate

Amendments attached to a bill that would expand gambling in the state of Delaware while offering online poker for residents of that state have been stricken.  The measure itself passed and is widely expected to be signed into law by Governor Markell shortly as his administration is heavily backing said legislation.  The Senate passed this bill by a vote of 14-6-1.  The bill was passed without amendments. 

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Submitted by C Costigan on,

Online Poker Progressive Rake Race: Introducing The Beast

Dubbed “The Beast”, the online poker room with the fastest payouts on Earth, Americas Cardroom, has just unleashed a new progressive rake race that goes into effect July 1.  It promises to be the first ever progressive points race that will continually grow from player’s shared jackpot contribution. 

Submitted by on,

Phil Hellmuth in Bad Shape Coming Into The Poker Players Championship: Viktor Blom Leads

Phil Hellmuth, looking for his 13th record World Series of Poker bracelet, can’t be feeling too confident entering today’s Poker Players Championship. 

Out of 26 players, he is number 26 in the chip count.

Hellmuth tweeted soon after the event ended for the day Tuesday: 

I'm in my car in the Rio parking lot crying. Blessings all around me, BUT all I can see right now is that "I deserved better today..."

Submitted by Ace King on,

What is Delaware House Bill 333, the Allowance of Legalized Online Poker, Lotteries

[Update:  June 27, 2012 - 1:30 pm EST - No vote yet on this bill, still awaiting vote] A number of Gambling911.com readers are wondering what exactly the critical Delaware House Bill 333 allows for.  We already know that online poker will be permitted under this measure for residence of the First State. 

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Submitted by on,

Online Poker to be Voted on Today in Delaware Senate

Following a delayed vote on Tuesday, a measure to legalize online poker in the state of Delaware will be first on the Senate’s agenda.  BREAKING NEWS ON THIS MATTER COULD BE APPEARING ON OUR TWITTER FEED FIRST SO PLEASE FOLLOW HERE.

The online poker measure, House Bill 333, is part of more expansive gambling legislation strongly backed by the Markell administration, which includes offering casino gambling in additional locations as well as widening sports wagering options.

Submitted by C Costigan on,

Shuffle Master Terminates Deal With Ongame Poker

(Market Watch) - Shuffle Master, Inc. (nasdaq global select market:SHFL) ("Shuffle Master" or the "Company") today announced that after careful consideration it has decided not to proceed with the acquisition of Ongame Network Limited.

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Submitted by on,

The Poker Players Championship 2012: Andy Bloch, Michael Mizrachi on Top

The Poker Players Championship 2012 WSOP event was down to 37 players at press time with noted pros Andy Bloch and Michael Mizrachi leading the pack.

Other notable names among the remaining 37 were Phil Hellmuth (16th among the chip leaders) and Phil Ivey (30th out of 36). 

Winner takes home over $1.4 million. 16 players will cash out at a minimum of $91,549. 

The defending champion Brian Rast was all in preflop and up against Ben Yu before he found himself eliminated in 38th place. 

- Nagesh Rath, Gambling911.com

Submitted by Nagesh Rath on,

Internet Poker Bill Vote Delayed in Delaware

A Senate vote to delay Internet poker in the state of Delaware has been delayed.

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The absence of one key Democratic leader raised concerns over whether there would be enough votes to pass the measure through.

The Associated Press reported:

Submitted by Aaron Goldstein on,

US Health Care Individual Mandate to be Ruled Unconstitutional Say Gamblers

75 percent of gamblers at intrade.com believe The US Supreme Court will rule individual mandate unconstitutional before midnight ET 31 Dec 2012.

Submitted by Gilbert Horowitz on,

World Series of Poker Twitter Wars Get Ugly

The World Series of Poker Twitter battles are getting mighty ugly with no sign of waning. 

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Submitted by Patrick Flanigan on,

Microgaming Terminates Contract with 5050Poker: Issues Statement

As Gambling911.com reported last week, 5050Poker and Microgaming have severed ties, yet oddly enough the 5050Poker site remains up and running with the Microgaming logo appearing at the bottom.  

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Submitted by Jagajeet Chiba on,

2012 WSOP Updates: Henry Lu, Oleksii Kovalchuk Latest Bracelet Winners

Henry Lu has won his first bracelet at the No Limit Hold’em Event #43 while Oleksii Kovalchuk won his at the Event #42:  Omaha/Seven Card Stud Hi-Low 8 or Better.

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Lu, a 22-year-old New Yorker, walked away with $654,380. 

Submitted by Patrick Flanigan on,

Delaware Senate to Vote on Internet Poker, Web Gambling Today

A bill to legalize online poker and other forms of Web gambling will be voted on in the state Senate on Tuesday (June 26, 2012).  It is widely expected to pass.

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The bill cleared a Senate committee Wednesday despite complaints from church leaders who say it is morally wrong. Delaware's harness racing industry also opposes the bill, saying its members wouldn't get a fair share of the gambling proceeds.

Submitted by Aaron Goldstein on,

Hollywood Poker Closes but Players Funds Appear Safe at RedKings.com

Another one bites the dust as Hollywood Poker has shut its doors for good.  But unlike Purple Lounge Poker Room and Casino, which abruptly shut down last month leaving players high and dry, customer funds at Hollywood will be transferred over to RedKings.com. 

Submitted by Aaron Goldstein on,

Breaking News

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Feds Charge Soldier With Using Classified Intel to Win $400K on Polymarket

A U.S. special forces soldier involved in the military operation to capture Venezuelan President Nicolás Maduro has been charged with using classified information about the mission to win more than $400,000 in an online betting market, federal officials announced Thursday.
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