DoJ Oversight Hearing: Holder Doesn’t Know if Poker is Game of Skill
The House Judiciary Committee held a Department of Justice oversight hearing Tuesday morning with a short question related to whether poker is a game of skill or chance.
Macau Casino Revenue up 44.6 Percent
(Reuters) - Casino revenue in Macau, the world's biggest gaming market, rose 44.6 percent in April to 20.5 billion patacas ($2.56 billion).
Tiger Woods May Have Been Down $250,000 in Las Vegas
Word on the street is that Tiger Woods returned to Las Vegas this past weekend and may have been down as much as $250,000 at Mandalay Bay.
UB.com Loses More Than Three Quarters of Its Online Poker Traffic
It’s been a hard fall for UB.com and Absolute Poker as the network has lost more than three quarters of its online poker traffic post-indictments.
UB.com and Absolute Poker were caught up in an April 15 crackdown by US law enforcement along with PokerStars and Full Tilt Poker. Each were charged with money laundering and bank fraud. The three sites also had their domain names seized by the US Justice Department.
Bin Laden Dead Odds to Pay Out
US President Barack Obama was to announce that Osama Bin Laden is dead Sunday night.
Betting exchanges and online gambling websites have offered odds on his capture or death for years with varying prices. 6 percent of those betting this contract at intrade.com believed he would be captured or killed before year’s end.
News organizations reported that the US had recovered the body of Bin Laden and conducted a DNA sample to prove the world’s biggest terrorist’s death.
Tunica Casinos Could Stay Closed for One Month
The recent flooding along the Mississippi River has resulted in a financial disaster for the Tunica casinos, which were forced to close over the weekend and may remain so for another month.
The Mississippi Department of Environmental Quality has stated that the river reached flood stage in Tunica County Friday, however, the forecasted crest will not take place until May 12 at over 52 feet.
Full Tilt Poker Payouts to Begin Next Week
According to the popular website LawDonk.com, Full Tilt Poker is to begin making payouts to US customer beginning some time next week.
Special Needs Poker Players Hurt by “Black Friday” Fallout: 50,000 Enter Jobs Market
Microgaming Online Casinos Pulling out of US Market
Reports have surfaced that Microgaming, one of the largest providers of online casinos, will no longer allow US players.
The company had previously pulled its poker network out of the US market following attempts by the Commonwealth of Kentucky to seize several dozen online gambling-related domain names. Some Microgaming casinos continued to operate in states where the activity was not specifically deemed illegal.
The move appears to have coincided with a crackdown against the three largest US-facing Internet poker rooms on April 15.
Level Media Grabs CostaBingo.com Account
Online gaming firm Mandalay Media Group retains iGaming marketing firm for development of exciting new brands and new business ventures
London, United Kingdom – April 26, 2011– Following its work on the newly launched FancyBingo.com and the well established and highly successful CostaBingo.com, owners Mandalay Media Group has announced the appointment of Level Media in a long term deal.
Clonie Gowen Lawsuit Sheds Some Light on Full Tilt Poker Corporate Structure
Poker “Snitch” Daniel Tzvetkoff Bankrupt and in Witness Protection Program
The man who helped take down Full Tilt Poker, PokerStars and UB.com is bankrupt and stuck in a US witness protection program.
Daniel Tzvetkoff, the 25-year-old Australian wiz kid profiled on Gambling911.com just hours before the April 15, 2011 bust went down, is profiled in even more lurid details on the pages of the Sydney Morning Herald Monday by Cosima Marriner.
UB.com: We Want You After All US Players, But Is It Russian Roulette?
Following the crackdown on UB.com and two other online poker enterprises last week, all three companies abandoned the US market…..or sort of.
Online Gambling Zealot Spencer Bachus Lets District Down
Spencer Bachus Votes Against Derivative Regulations Against Best Interest of District in Agony
The man who hates online poker and other forms of Web gambling, Spencer Bachus, who also acts as the House Financial Services Committee, is helping to exasperate the agony of his district of Jefferson County. This is the claim of Joe Nocera of the New York Times.
