Gambling News
Ultimate Poker Closes Its Nevada Online Gambling Site
LAS VEGAS (Associated Press) — Ultimate Gaming officials say they have shut down the company's online Ultimate Poker site in Nevada.
Chairman Tom Breitling said in a statement Friday that online poker revenue fell short of expectations and operating the sites in just a few states where it's legal has made the business costly.
Online poker is legal in Nevada, New Jersey and Delaware.
Players in one state can only go head-to-head with other players also physically in that same state.
Breitling says that made making a profit difficult.
Thieves Make Off With Thousands of Dollars in Casino Chips
UNCASVILLE, Connecticut —(Associated Press) Tribal police at the Mohegan Sun casino in Connecticut are searching for two men who made off with thousands of dollars worth of gambling chips.
Police say one of the suspects took the chips off a casino table Friday night and punched the victim, who tried to confront the thief.
Authorities say the robber then ran off and left the casino with another man, and both drove away in a maroon-colored vehicle.
Jose Canseco Finger Falls Off During Poker Game
Former Major League Baseball player Jose Canseco tweeted that his surgically repaired finger had fallen off in the middle of a poker tournament this past week. Canseco had accidently shot off the finger two weeks ago.
He tweeted:
Mavs Owner Mark Cuban Backs Adam Silver Position on Sports Betting
While the National Basketball Association Commissioner Adam Silver may have gone against the status quo by suggesting the time has come for legalized sports betting on NBA games, some of his colleagues – most notably the National Hockey League’s Gary Bettman – remain opposed to the idea.
Bookie Player Management – Reports Made Easy Via Pay Per Head Biz
One of the benefits of using a Pay Per Head business is the improved bookie player management equation.
RealBookies.com is one of the premier bookie management firms offshore, offering some of the best solutions in the world.
Taj Mahal to Close in December
(Associated Press) - THE OWNER of the struggling Trump Taj Mahal Casino Resort filed court papers yesterday saying it will close by next month, making it the fifth of the city's 12 casinos to shut down this year.
Trump Entertainment Resorts said in a Delaware bankruptcy court filing obtained by The Associated Press that its board has approved a shutdown of the casino by Dec. 12. It had threatened to close by then if its main union didn't drop its appeal of a court-ordered cost-savings package.
Sports Betting on Hockey: Gary Bettman Opposes It
The aptly named Gary Bettman opposes sports betting on Hockey and all other sports for that matter. The National Hockey League Commissioner sat down with CNN’s Rachel Nichols to discuss the National Basketball Association Commissioner, Adam Silver’s, newly found desires to have sports betting legalized.
Obermann Questions Silver Stance on Sports Betting Days After FanDuel Deal
Responding to NBA Commissioner Adam Silver’s new stance that sports betting should be legalized and regulated, ESPN2 sports commentator Keith Obermann suggested there is an underlying reason behind Silver's about-face.
Mississippi Bookies Flourish With Bulldogs, Rebels Riding High
It’s a good year to be a bookie in the Magnolia State of Mississippi. With two of the state’s top schools excelling in College Football, the demand for local bookies has never been greater.
Kent, a local bookie from Greenville, tells Gambling911.com his overall volume generated has more than tripled over last year.
“The folks here want to support their local College teams whether that’s Ole Miss or the Bulldogs,” Kent disclosed. “When their team is winning they feel more comfortable putting some money behind these schools.”
Appeals Court to Re-Hear Case of Ex-FBI Agent Turned Mobster
MIAMI (Associated Press) — A Florida appeals court in February will reconsider its decision to toss the murder conviction and prison sentence for a former FBI agent in a mob-style killing linked to jailed Boston mobster James “Whitey” Bulger.
The 3rd District Court of Appeal set oral arguments Feb. 12 in the case of ex-agent John Connolly. A three-judge panel of the court ruled in May that Connolly’s second-degree murder conviction was barred by the statute of limitations because a firearms enhancement was improperly applied.
NBA Commissioner Adam Silver: ‘The Laws on Sports Betting Should be Changed’
Writing an opt-in piece for the New York Times, NBA Commissioner Adam Silver says he wants sports betting legalized at the state level. This comes just one week before U.S. District Court Judge Michael Shipp will hear oral argument on whether to issue an injunction that continues to bar Monmouth Park from offering sports betting.
Dan Colman Says Phil Hellmuth ‘Spineless Cancer to the World’
Seemingly out of nowhere, this year’s One Drop winner, Dan Colman, lambasted 13-time World Series of Poker record bracelet winner Phil Hellmuth on the TwoPlusTwo.com forum.
More Atlantic City Woes as Revenues Drop
ATLANTIC CITY, New Jersey — (Associated Press) - Atlantic City's casino revenue fell by 4.4 percent in October compared with a year ago.
The casinos took in $207 million, compared to $216 million in October 2013.
But when casinos that have recently shut down are excluded, the surviving casinos saw their revenue increase by more than 19 percent compared to last October, the figures Thursday showed.
Americas Cardroom Adds $32,500 to Sit & Crush Leaderboard
The industry's top Sit & Go points race is getting a serious injection of cash once again. Americas Cardroom today announced Sit & Crush Reloaded, a 90-day promo that will see an extra $2,500 in cash added to each weekly Sit & Crush leaderboard for a total of $32,500 in extra money.
China’s Ban on ‘Lewd TV Content’ to Include Gambling, Infidelity and Maybe Harry Potter
Scenes involving murder, one-night stands and extra-marital affairs must now be cut out of live streaming television programs shown in China, most of which originate from the West.
Many foreign TV shows, including American dramas and South Korean soaps, are streamed online in China, the BBC notes. Now the hosting sites are being told to, not only remove any scenes depicting infidelity or murder, but also those involving gambling activity.
Bwin.Party Shares Plunge Thursday in Late Day Trading
Bwin.Party witnessed more than a 12 percent decrease in its share price following a 10 percent rise Wednesday on news that it was in early takeover talks. The price rose slightly Thursday morning peaking at 121.82 before the late afternoon plunge just shy of 104.
The statement issued Wednesday to the London Stock Exchange entitled "media speculation" said:
PokerStars Introduces The Billionth Tournament Carnival
ONCHAN, Isle of Man – PokerStars today announced the Billionth Tournament Carnival – a series of promotions to celebrate Tournament Number One Billion on the world’s largest poker site – that will take place from November 17-30.
Connecticut Could See Third Casino
UNCASVILLE, Conn. (Associated Press) — The tribal authority that runs the Mohegan Sun and rival Foxwoods Resort Casino could join forces to operate a third Connecticut casino near the Massachusetts state line to compete with new casinos opening in the Bay State, its chief executive said.
Mitchell Etess, chief executive officer of the Mohegan Tribal Gaming Authory, told The Day of New London it's "very easy" to see a solution drawn up by the Connecticut legislature.
Al Michaels Opens Up About Gambling References During Sportscasts
We all know how much the NFL hates gambling. Don’t tell that to one of America’s top sports broadcasters, Al Michaels.
The NBC sports commentator frequently incorporates gambling references when covering sporting events.
iPoker New Rake Structure Yet Another Deterrent to Grinders
Online poker grinders may be an extinct breed if the current trend of scaring them off is to continue. The world’s third largest poker network, iPoker, has decided to follow in the footsteps of PokerStars by restructuring its rake formula as a means of attracting strictly recreational players. Ahem fellow grinders: Americas Cardroom still we
Atlantic City Showboat Casino Sold, Will be Turned Into College Campus
Atlantic City’s famed and now shuttered Showboat Casino has been sold to Stockton College, which plans to convert the property into a satellite campus.
Caesars Entertainment and the college announced the purchase plan on Wednesday. The sale price was not announced, nor was a target closing date released.
Martin Jacobson on Winning 2014 WSOP Main Event: ‘Feels Really Surreal Right Now’
The newest World Series of Poker Main Event winner Martin Jacobson told PokerNews.com immediately following his big win “it feels really surreal right now”.
Bwin.Party Confirms Takeover Talks
(Reuters) - Online gambling company Bwin.Party said on Wednesday it was in early talks with a number of parties over a "variety of potential business combinations", which could result in an offer being made for the firm.
Shares in Bwin.party, which made the statement in response to recent media speculation, jumped almost 17 percent on the news to 126 pence.
The company has faced pressure from U.S. activist investor Jason Ader's Spring Owl vehicle to shake-up its board, improve its growth strategy and reduce infrastructure costs.
Who Won the 2014 World Series of Poker Main Event?
Jorryt Van Hoof was eliminated in 3rd place leaving Felix Stephensen going up against Martin Jacobson at this year’s World Series of Poker Main Event. And the winner is.......Martin Jacobson.
Mark Wahlberg Talks His Own Gambling and Losing Weight for ‘The Gambler’
“The Gambler” is coming and Mark Wahlberg has begun to push the film, due out December 19, that some say may result in an Oscar nomination.
Wahlberg lost 60 pounds for the role.
Tribes Starting to Come Together to Offer PokerStars Online Poker in California
Sacramento, CA, and Montreal, Canada - The San Manuel Band of Mission Indians and Amaya Gaming Group (TSX: AYA) announced today that the San Manuel Band of Mission Indians has agreed to join the existing business agreement between the Morongo Band of Mission Indians, California’s three largest card clubs – the Commerce Club, the Hawaiian Gardens Casino and the Bicycle Casino – and Amaya which owns and operates PokerStars, the world’s largest online poker site.
Caesars Shares Plunge on News of 3Q Losses
Caesars Entertainment Corp. on Monday reported a wider 3rd quarter loss than what had previously been expected. The Las Vegas-based company has not been profitable since 2009.
Caesars reported a loss of $908.1 million, or $6.29 per share, for the July-September period. It posted a loss of $761.4 million, or $6.03 per share, in the same months last year.
2014 World Series of Poker Main Event Final Table Down to Three
The 2014 World Series of Poker Main Event Final Table had dwindled down to three individuals with Jorryt Van Hoof leading the pack. One thing is certain heading into Tuesday night’s action: There will be a European WSOP Main Event champion this year.
Van Hoof, a poker pro and online instructor from Eindhoven (The Netherlands), has high hopes of becoming the first Dutch world poker champion in history.
Billy Pappas Thrilled With 2014 WSOP Main Event Final Finish
Billy Pappas didn’t win the 2014 WSOP Main Event Final but don’t tell him that. He still walked away with a cool $2.1 million.
Following his elimination, the Lowell, Massachusetts native with just two cashes prior to Tuesday morning’s finish was all smiles.
"This was a real rush for me just to be here," Pappas said. "I wouldn't change anything. Sure, I would loved to have won. But this whole year for me has been amazing. I can't wait to come back again."
William Tonking, Dan Sindelar, Andoni Larrabe, Billy Pappas Out at WSOP Final Table
It’s “Good Bye” Bruno Politano, Dan Sinclair, Andoni Larrabe, Billy Pappas and William Tonking at this year’s World Series of Poker Final Table. All four were eliminated overnight and into the early morning hours of Tuesday following the first elimination of Mark Newhouse.
