Gambling News

Important Fantasy Pickups for NFL Week 5

Gambling911.com has your important Fantasy pickups for Week 5 of the NFL.

The Broncos Peyton Manning – The Broncos quarterback Peyton Manning surpassed the 300-yard mark in a Week 3 overtime loss to the Seahawks in Seattle.  He had a bye in Week 4. 

The Cowboys DeMarco Murray – He has gained 534 yards on the ground so far this season. 

Submitted by Mary Montgomery on, Sep/29/2014

Belgium to Tax Poker Pros at 75 Percent

If you happen to be a professional poker player, you probably don’t want to be living in Belgium.

The European nation and home to the European Union has decided to tax poker pros at an astonishing 75%.

Belgium's financial portal tijd.be reports that authorities were looking to change the way in which taxes for poker players are calculated in the country.

From PokerNews.com:

Submitted by Patrick Flanigan on, Sep/29/2014

Indiana State University Shooting Connected to Gambling, Man Arrested

A 21-year-old man has been arrested in connection to a weekend shooting at Indiana State University that left another individual wounded in his buttock. 

Calvin McCauley of Indianapolis has been charged with attempted murder.  Police say he and the victim knew each other.

Submitted by Jagajeet Chiba on, Sep/29/2014

CineSport and Global Poker Index Bring Poker Coverage to Sports Audience

New York, NY – Global Poker Index(GPI) and CineSport have launched a partnership to distribute poker-centric video content to CineSport’s audience of over 7 million viewers across its network of leading news and information sites.

Submitted by Press Release on, Sep/29/2014

ESPN Gambling Reporter Dave Tuley Talks Network’s Decision to Cover Sports Betting

If you've noticed an increased emphasis on sports gambling on ESPN this football season--both on television and on its website--you're not imagining things.

BetOnline

Submitted by Thomas Somach on, Sep/29/2014

How to Bet on Sports – Parlay and Teaser Card Betting

BetDSI.com shows us how to bet on sports and, more specifically, how to make some serious money on parlay and teaser card betting. 

Submitted by Don Shapiro on, Sep/29/2014

Gambling Industry Paid Out $38 Billion for Taxes in 2013

LAS VEGAS (Associated Press) — The gambling industry nationwide paid out a jackpot-worthy $38 billion in federal, state and local taxes in 2013, according to a report from the American Gaming Association.

It's the first time the group has added tribal casinos, casino-game makers and some online gambling into the mix for its annual study of the industry's impact in the U.S. The Associated Press obtained a copy of the report's tax revenue figures before its release Tuesday.

Submitted by Associated Press on, Sep/29/2014

Jason Somerville Confirms Departure From Ultimate Poker: ‘I’m Not a Cheap Date’

Embattled Ultimate Poker has lost another of its team pros but unlike last week’s ugly departure of William Reynolds, Jason Somerville’s departure from UP does not appear to be quite as contentious.

“I’m not a cheap date,” Somerville said upon confirming his severed ties with Ultimate Poker.

From F5Poker.com:

Submitted by Ace King on, Sep/29/2014

WSOP Finalist Billy Pappas Tells G911 ‘If He Wins, He’ll Buy Mom a House’

Even if 2014 World Series of Poker Main Event final table member William Pappaconstantinou doesn't do another thing at this year's WSOP, he's already got one record under his belt.

His last name contains 17 letters, giving him the longest last name of anyone who has ever made the WSOP Main Event final table.

(He's probably got the longest last name of anyone who has ever played in the WSOP, but that's still being checked.)

So that's why Pappaconstantinou, 29, from Lowell, Massachusetts, USA, goes by the handy moniker "Billy Pappas."

Submitted by Thomas Somach on, Sep/28/2014

Bookies Get Hammered Again With Green Bay Huge Win

By far, the Green Bay Packers were the most wagered on NFL team of the day in Week 4.  Their huge 38-17 victory over Chicago was also a victory for sports bettors.  The bookies obviously got clobbered.

And it didn’t end there for the sportsbooks.

They were also hurt by other public favorites coming through: The Colts and Lions particularly.

Submitted by Tyrone Black on, Sep/28/2014

Sportsbooks, Pay Per Heads See Few Disruptions With Telecommunications Overhaul

Sportsbook operators and Pay Per Head businesses breathed a collective sigh of relief Sunday morning following the conclusion of work on Costa Rica’s MAYA-1 submarine cable this weekend, one of three that provide cable service to the Central American nation.   More than 85% of online sportsbooks and nearly 100% of Pay Per Heads serving the North American player base are headquartered in Costa Rica.

Submitted by Payton on, Sep/28/2014

Who the Bookies Are Rooting For on Sunday Week 4: More Free Picks

The bookies will be cheering on Chicago big time Sunday with close to 75% of the backing on Green Bay.

Submitted by Don Shapiro on, Sep/28/2014

Fortune Five Biggest Organized Crime Families in the World Revealed

The Fortune Five largest organized crime families have been revealed and, while cyber crime is all over the news these days, these organizations still practice the tried and true trades of sex, drugs, gambling and extortion.  

From Fortune.com:

Submitted by Jagajeet Chiba on, Sep/27/2014

Indonesia Begins Caning Gays, Gamblers and Adulterers… Alcohol Drinkers Too

Those found to have had gay sex, get 100 lashes of the cane.  Those charged with gambling, same punishment. 

The gay sex provision was passed Saturday in the Indonesian province of Aceh.  Men guilty of anal sex will receive the 100 lashes of the cane while women found to be rubbing their body parts together could face a similar punishment.  

Submitted by Jagajeet Chiba on, Sep/27/2014

Fantasy Week 4 NFL Values: Blake Bortles, Matthew Stafford, Eddie Lacey

When it comes to Fantasy Week 4 NFL values, the Jaguars Blake Bortles is being recommended just about everywhere. 

Star Fantasy Leagues Fantasy Football

Submitted by Tyrone Black on, Sep/26/2014

Casino Mogul Steve Wynn Sues ‘Short Seller’ Chanos for Slander

(Reuters) - Steve Wynn, the billionaire casino mogul, has filed a lawsuit accusing prominent short-seller Jim Chanos of slander over an alleged statement that Wynn violated a U.S. anti-bribery law. 

Wynn, 72, and his company Wynn Resorts Ltd filed suit against Chanos, founder of New York-based hedge fund Kynikos Associates LP, in federal court in San Francisco.

Submitted by Reuters on, Sep/26/2014

FlowPlay Gaming Now Has Everything and the Girl!

Earlier this month, shorty after FlowPlay Inc.

Submitted by Tyrone Black on, Sep/26/2014

Nevada Casino Revenue Down 4 Percent in August

State officials say Nevada gambling revenue was down nearly 4% in August compared with a year earlier, largely due to a drop in winnings on the Las Vegas Strip.

Nevada Gaming Control Board officials said Friday that casinos brought in $920 million in August, down from $955 million a year ago.

Revenue on the Las Vegas Strip was down 6% year-over-year to $553 million, while downtown revenue went up 4% to $35 million.

Reno gambling revenues were down 2% to $53 million.

Submitted by Associated Press on, Sep/26/2014

Star Fantasy Reacts to HBO’s ‘Real Sports’ Piece About Daily Fantasy Sports

If you’re like us, you tuned in to watch Carl Quintanella’s portrayal of the daily fantasy sports industry on Tuesday’s Real Sports With Bryant Gumbel.  According to the FSTA, 41 million people played fantasy sports last year in the USA alone. It should come as no surprise that our burgeoning industry is capturing the curiosity of the media.

Submitted by Press Release on, Sep/26/2014

Former Ultimate Poker Pro William Reynolds Trashes Company on Twitter

A former pro for the first US-regulated online poker site, Ultimate Poker, took to Twitter to bash the company after it pulled out of the New Jersey market.

Submitted by Nagesh Rath on, Sep/26/2014

The Last Thoroughbred Race Track in New England Shuts Down

BOSTON (Associated Press) — Massachusetts gambling regulators say they'll entertain proposals from anyone interested in keeping the thoroughbred racing industry alive at Suffolks Downs after New England's last remaining track closes.

The annual deadline for state racing licenses is still Oct.1, but the Massachusetts Gaming Commission said Thursday that it will accept "placeholder" plans that need more time to be developed.

The panel also said it will find ways to assist affected workers, including possibly re-directing money designated to boost race prizes.

Submitted by Associated Press on, Sep/25/2014

Could Sports Betting Help PA Gov Get Re-Elected? State’s Top Pundit Weighs In

For decades, Pennsylvania residents have trekked to neighboring New Jersey to get their gambling fix.

Casinos lined the Boardwalk in Atlantic City, and a walk through any of the casino's parking garages revealed that half of the cars had Pennsylvania license plates.

The Keystone State, which had no casinos, was losing A LOT of revenue to the Garden State.

Submitted by Thomas Somach on, Sep/25/2014

Globe and Mail: David Baazov Positioned to Rule the Online Poker World

Few have heard of David Baazov, yet he’s about to become the head of the world’s largest online poker firms.

Submitted by Patrick Flanigan on, Sep/25/2014

PokerStars Terminating Affiliate Agreements

If you are an affiliate of the world’s largest online poker site, PokerStars.com, it appears you won’t be for much longer.  The company has begun terminating affiliate contracts.  Whether this will affect everybody remains to be seen.

PokerStars was purchased by Amaya Gaming over the summer and it was widely rumored then that major changes would be on the horizon, some of which would adversely affect business relations.

Submitted by Ace King on, Sep/25/2014

Inside PokerStars – A Look at the Inner Workings of the World’s Largest Poker Site

PokerStars.com has introduced a new series entitled “Inside Poker Stars” where we actually get a glimpse of the inner workings of the world’s largest online poker site.

The site services a total of 63 million registered users, the vast majority of whom play for real money, though the site also offers a free-to-play platform.

The company has also dealt more than 110 billion hands since it first came online a day that will forever live in infamy – September 11, 2011.

Submitted by Ace King on, Sep/25/2014

Ladbrokes Leaves Canada

The UK’s second largest online bookmaker, Ladbrokes, will be exiting the Canadian market, much to the dismay of Canadians.

Customers in Canada have 30 days to withdraw from their accounts as of September 24, 2014.

Ladbrokes apparently feared that their operating in Canada was considered “a grey area” withr egulators restricting online betting services to registered provincial lottery corporations in some provinces such as British Columbia.

Ladbrokes market share in Canada represented less than 0.5% of its business.

Submitted by Aaron Goldstein on, Sep/25/2014

Bitcoin Set to Revolutionize Online Gambling

The average price of Bitcoin has settled in between $400 and $500 without the extreme upswings and downswings we witnessed earlier in the year, suggesting stabilization of the anonymous online currency.

Submitted by Aaron Goldstein on, Sep/25/2014

2014 Week 4 NFL Fantasy Tips, Player Values: Drew Brees, Matt Forte

Gambling911.com has your 2014 Week 4 NFL Fantasy Football tips courtesy of BetAmerica.com. Enter the BetAmerica Pick Six Jackpot contest on BetAmerica Sports for $5.50, Week 4 jackpot is $2000.

Submitted by Tyrone Black on, Sep/25/2014

‘Barefoot’ Exec at New York Investment Firm Pleads Guilty to Inside Trading

Michael Lucarelli, who was mocked on Comedy Central’s The Daily Show after running away barefoot from photographers last month, has plead guilty to one count of securities fraud for inside trading.  He will be sentenced in January and faces up to 20 years prison time.

Lucarelli had served as a director of market intelligence at Lippert/Heilshorn & Associates prior to being charged last month.  

Submitted by Jagajeet Chiba on, Sep/24/2014

How Can Gaming Companies use Marketing without Solid Footing in Business Acumen

The gaming field continues to grow and transform - With the insurgence of social media, companies are forced to become increasingly innovative and captivating with their messages to garner attention. Even though the market continues to evolve, there are still some tried and true tactics to utilize in order to succeed in the coming years.

Submitted by Ronn Torossian on, Sep/24/2014

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Do You Have What it Takes to Be a Bookie?

It's the second oldest profession but over the last decade bookmaking has evolved to the point where anyone can do it....you just need the proper tools and support.