Gambling News
Verdict to be Rendered Shortly in Luke King Billion Dollar Sports Betting Case
A verdict was anticipated in the coming days in the case of Legends Sports founder Bartice “Luke” King, who is charged with running an online sportsbook for well over a decade that allegedly took in over a billion dollars.
Dutch Lottery Market Readies Itself for Change as Operators Prepare for Conference
AMSTERDAM – Gaming In Holland - announced today, that representatives of the major operators of the State lottery, De Lotto and the National Postcode Lottery, shall be debating pending regulatory changes in the lucrative Dutch lottery market at their June conference.
Until recently, the Netherlands lotteries market was regulated by the Netherlands Gaming Control Board, but from April 2012 this responsibility is now with the Dutch Gaming Authority.
666Bet.com Making Some Payouts Following Disarray, Arrest
Some customers report receipt of payment from shuttered 666Bet.com following anxious weeks of waiting.
The company has addressed the issue further by advising that customers will now need to open Skrill accounts in order to request withdrawals.
We are aware of the problem with pending withdrawals from March and are working a resolution to return balances to customer accounts asap.
AG Files Charges Against Seals With Clubs Bitcoin Online Poker Site CEO
LAS VEGAS (Associated Press) - Nevada gambling regulators, led by state Attorney General Adam Paul Laxalt, announced a first-of-its-kind prosecution Tuesday of a man they say ran an unlicensed online poker website from Las Vegas using the Internet currency bitcoin.
Biggest Weekly Online Poker Prize Pool Tournament for US Players Unveiled
It's official. Big Sunday weekly tournaments are back in North America. Leading U.S. facing online poker site, Americas Cardroom today announced that this week's Sunday Special tournament has hit $110,000. The Sunday Special poker tournament is now the biggest weekly Sunday major offered by any of the U.S. facing sites.
The Sunday Special
G911 World Exclusive: Sponsor of Louisiana Fantasy Sports Bill Predicts Easy Passage
BATON ROUGE, La. -- The State of Louisiana has always been an "anything goes" sort of place, what with its liberal drinking laws, myriad casinos and 24/7 Mardi Gras atmosphere.
But, strangely, one of the things that doesn't "go" in the Bayou State is wagering on fantasy sports.
Although Federal law legalizes fantasy sports wagering nationwide and deems it not a form of gambling but a contest of skill, individual states still have the final say on whether they think it's gambling and whether they want to allow it within their state borders.
Betfair Account Recovery System Flaws Raise Alarms
Betfair, Europe’s largest betting exchange, has reassured its customers that it is fixing issues uncovered with its account recovery system.
A major security flaw was detected by users in recent days.
Poker Site Owner DFS Critique: ‘Like Crack Dealer Warning About Fen Phen’
Many a daily fantasy sports player has taken issue with Americas Cardroom CEO Phil Nagy’s recent critique about the dangers of the Daily Fantasy Sports (DFS) sector.PokerFuse.com interviewed Nagy recently, who warned that many of these new daily fantasy sports websites will likely go under by year’s end and players wrongfully believe that most are regulated. They are not.
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First Ever Online Poker Free Buy-In Super Series - $150K in Guarantees
Americas Cardroom confirmed today with Gambling911.com that it will be offering the first ever online poker free buy-in Super Series with $150,000 in guaranteed money to be won.
Has ACR CEO Phil Nagy completely lost his mind?
“This is the best conversion tool,” he tells Gambling911.
Nagy expects to pay anywhere between $50,000 and $75,000 on the entire event but he sees this as more of a loss leader that will drive new customers to the site.
Eilers Research to provide the State of the Industry at the Daily Fantasy Sports Expo
New York, NY--Ticonderoga Ventures, Inc. announces that Eilers Research will speak at the Daily Fantasy Sports Expo ( www.fantasysportsexpo.com ) on August 6-7, 2015 at the Miami Beach Convention Center.
Gambling Addicted Sons of True-Crime Writer Ann Rule Charged With Theft
Two sons of true-crime writer Ann Rule have been charged with allegedly stealing thousands of dollars from their ailing 83-year-old mother to help fuel their drug and gambling addictions.
Rule is the writer of over twenty crime books including “The Stranger Beside Me” about serial killer Ted Bundy.
Negreanu: ‘I Don’t Think Atlantic City is the Place for the WPT Finale’
Outspoken poker pro Daniel Negreanu has made it clear that he believes this year’s World Poker Tour Finale should not be held in Atlantic City.
The reason:
We’re not entirely sure whether it is the city’s blight, lack of things to do or the lack of airline options, Negreanu doesn’t quite explain.
In an exclusive interview with NewJerseyCasinos.com, Negreau offered the following:
Fantasy Sports Not Just an American Fad: Becoming Huge in Europe
LEEDS, England -- Wagering on fantasy sports isn't becoming a big thing just in the United States.
It's also getting huge internationally, especially in Europe.
One of the main reasons for the popularity of fantasy sports is that it's tailored to the local market and the local sports culture.
In the USA, fantasy sports thrive on football, basketball, baseball and hockey.
In Europe, it's all about soccer.
Ex-Wife of Wynn Won’t Stay on Board of Wynn Resorts
LAS VEGAS (Associated Press) — Elaine Wynn failed Friday to win re-election to the board of Wynn Resort Ltd. — the casino-hotel company she co-founded with ex-husband Steve Wynn — a development that ended a feud over the issue.
Shareholders who had to decide between re-electing Elaine Wynn or agreeing with a company recommendation to re-elect two other sitting board members ultimately sided with the company.
Online Poker Bill In California to Move Through Committee Vote for First Time
After years of trying and failing, a bill to legalize online poker in the state of California will be moving through Committee for voting. It is the first time a version of Web poker legislation has gotten this far in the state legislature.
California is considered the golden goose in the world of US-state i-poker regulation. Alone, the state represents the world’s 8th largest economy. To date, only New Jersey, Nevada and Delaware have passed similar legislation.
Judge Recuses Himself From Gambling Homicide Case
SPRINGFIELD (Associated Press) - A judge is recusing himself from the case of a former school superintendent accused of killing a Springfield couple who police say refused to lend the man $250,000 to cover gambling debts.
The Springfield News-Leader reported that retiring Greene County Judge Dan Conklin announced Friday that he is stepping away from Mark Porter's case. Meanwhile, Porter's attorney, Dee Wampler, is seeking to withdraw from the case.
China Targets Gambling Mecca Macau in Latest Corruption Crackdown
(Reuters) - China's fight against corruption has spread to the world's largest gambling hub, the former Portuguese colony of Macau, where seven people including government officials are being investigated for graft, including accepting bribes.
The developments are in stark contrast to last year, when no high-profile officials were questioned about bribery, according to the website of Macau's Commission Against Corruption. The commission did not immediately respond to a request for comment.
Jimmy Vaccaro: Vegas Derby Record Could be Set Thanks to Mayweather-Pacquiao
Oddsmakers in Vegas aren’t just anticipated huge action on this weekend’s highly anticipated fight between Floyd Mayweather, Jr. and Manny Pacquiao. The Kentucky Derby is happening that very same day (May 2) and at least one oddsmaker believes that fight could help to set Derby betting records.
Computer Faces Off Against Real Poker Pros: How Will the Humans Fare?
In an epic Heads-Up No-limit Texas Hold’em challenge in which Man takes on artificial intelligence, real life human poker players will be putting it all on the line.
The study, which began April 24, was conducted by Carnegie Mellon University in Pittsburgh at nearby Rivers Casino.
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.
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."
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.
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.
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.
Shares were down 3.3 percent in Thursday’s midafternoon trading as a result. Some of that was recovered by Friday.
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.
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.
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.
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.
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.
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.
