Bookie, Enforcer Has Bail Reduced By Court
Andover, Massachusetts residents and accused bookmaker/loan shark and his “enforcer” had their bails reduced by a judge on Tuesday.
According to the Eagle Tribune, Judge Mary-Lou Rup lowered the bails for both Joseph Giallanella, 62, of North Andover, and Wendell Bradford, 44, of Taunton on Tuesday. Both men are tied to a 31-person indictment issued last Thursday that included reputed Boston mobster Mark Rossetti.
Paul the Psychic Octopus is Dead!
Paul the Psychic Octopus will not be picking any more World Cup games. He’s dead!
Online Gambling Industry Proponent Barney Frank In Danger Of Losing
Las Vegas Casino Bathroom Robber Kills Victim: Scott Montgomery Lucky
Another robbery in a Las Vegas casino bathroom and this time the victim didn’t make it out alive.
Gambling Shares A Beacon in Tough Economy
While there continue to be few bright spots in the world economy, gambling shares both online and in the Asian gaming Mecca of Macau, continued to defy the trends.
3rd quarter results this past week at major online gambling venues and the introduction of betting exchange Betfair to the London Stock Exchange with an IPO of $2.84 billion have many investors excited.
Betfair Shares Start Off Strong
Betfair’s listing on the London Stock Exchange this past Thursday started off with a bang. The company’s shares rose almost 20pc the very first day of trading.
The 10-year-old company and world’s largest betting exchange is valued at £1.6billion, while co-founders Edward Wray and Andrew Black stand to make £18.9m and £16.6m, respectively, from the flotation.
IMG Vice President Admits CEO Bet On Roger Federer Tennis Match
Ted Forstmann Not An Agent To Tiger Woods or Roger Federer Says Rep
The firm representing Ted Forstmann has advised Gambling911.com that he does not act as an agent for either Tiger Woods or Roger Federer.
Previous reports have pointed out that Forstmann is named in a lawsuit that alleges improprieties stemming from “insider gambling tips” provided be Federer. Forstmann had been characterized as “an agent to both sports figures” in the press.
A representative from Sitrick And Company advised:
South Carolina Supreme Court To Determine If Poker Is Game Of Skill
A South Carolina Supreme Court is set to hear arguments in order to determine whether poker is considered a “game of skill” or “one of luck”.
The justices will be hearing arguments on Tuesday as part of an appeal of a local judge's ruling that Texas Hold'em is a game of skill, not chance. Circuit Judge Markley Dennis had ruled that poker games in private homes did not violate state gambling laws. His ruling tossed out convictions of five individuals who had been charged with playing poker in a private home game.
South Korean Pop Star Rain Sued in US Over Gambling Debt
South Korean pop icon Rain (real name Jung Ji-Hoon) has been sued in the United States over an alleged US$150,000 gambling debt according to news reports Monday.
