Gambling News
Mass Unemployment Filings in Wake of Atlantic City Casino Closures
ATLANTIC CITY, N.J. (Associated Press) — Hundreds of newly laid-off casino workers began filing for unemployment Wednesday morning, the first attendees at an assistance center that expects to process 5,000 workers over the next three days.
Latin Poker Series se Prepara Para el Cierre del LPS Millions II
San José, Costa Rica – Se aproxima el cierre de uno de los eventos más esperados por los latinoamericanos. El segundo LPS Millions con garantía de USD $1 millón y tan solo $850 de buy-in. Las posibilidades de ganar un paquete cerraron el fin de semana pasado en la red Winning Poker Network. Los últimos "outs" serán en Ciudad de Panamá los días 14, 15 y 16 de Setiembre con los días 1L, 1M y 1N respectivamente.
LPS Millions II Poker Tournament With $1 Million Guaranteed: Limited Time Only
San Jose, Costa Rica – Online qualifiers at the Winning Poker Network for the upcoming LPS Millions are over, but poker players still have a number of outs if they want to take a seat. Americas Cardroom today confirmed that poker players can still buy in to the $1 million tournament onsite in Panama for $750+$100 or purchase a $2,050 package in advance.
UK Suspends PokerCent.com License, Service
The United Kindgom Gambling Commission (UKGC) has suspended the license of a small independent online poker room, PokerCents.com. Service has also been shut off as a result. PokerCents.com hopes to have its service restored on October 1 once it comes into compliance.
The online poker company claims its license was suspended due to not having the proper certificate.
The Commission was vague in its own statement issued Monday.
Macau Casinos Suffer for Third Straight Month
Shares of Macau-centric casinos such as Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) fell on reports of weaker-than-expected Macau gambling revenue for Aug.
Sterne Agee slashed earnings estimates on both casino companies as well as on MGM Resorts Int'l (NYSE:MGM) and Melco Crown Entertainment (NASDAQ:MPEL).
Sands shares fell 5.1% to 63.10. Wynn fell 4.1% to 185.05. MGM fell 2.6% to 23.83.
Source: Investors.com
Is a Bitcoin Online Gambling Boom on the Horizon?
CoinDesk.com featured an interesting piece on Tuesday suggesting that the bitcoin gambling boom is only getting started.
Ronn Torossian Says These 3 Were The Real Big Winners At The Emmys
This year’s Emmy’s are now history with trophies awarded and many gamblers making out big on their Emmy bets last week. But Gambling911.com Special Contributor Ronn Torossian points to other big winners, neither of which received actual awards or payouts. Heeeere’s Ronn…..
Bookies Make Out Well for First Week of College Football
Sports bookies both online and in Vegas enjoyed a successful weekend and hope that trend continues with the start of NFL this upcoming weekend.
Among the big hits in Vegas, Virginia covering against UCLA.
Credit Suisse Gives Playtech ‘Neutral’ Rating
Online gambling software company Playtech PLC (LON:PTEC) had its stock reinstated by stock analysts at Credit Suisse as “neutral” with a current price target of GBX 780 ($12.94). Credit Suisse’s target price points to a potential upside of 8.24% from the company’s current price.
Other analysts, including Canaccord Genuity this past Thursday, have either reinstated or raised their price target on shares of Playtech PLC to a “buy” rating. In the case of Canaccord Genuity, their price target on shares rose from GBX 825 ($13.69) to GBX 840 ($13.94).
More Poker Players in Sweden Become Targets of Violence
Swedish poker players over the years have become targets of enterprising criminals. Last week, four armed bandits held up 15 players at a private game in Strömstad. The victims in this case happened to all be Norwegian.
From PokerNews.com:
The robbery began as four masked men armed with guns forced their way into the poker game at the Hogdal Bygdegård farm. Robbers then forced the poker players to the floor before robbing them.
Revel Starts Shutdown Monday After Just 2 Years
ATLANTIC CITY, N.J. (Associated Press) — The most spectacular and costly failure in Atlantic City's 36-year history of casino gambling begins to play out Monday when the $2.4 billion Revel Casino Hotel empties its hotel.
Its casino will close early Tuesday morning.
Revel is shutting down a little over two years after opening with high hopes of revitalizing Atlantic City's struggling gambling market. But mired in its second bankruptcy in two years, Revel has been unable to find anyone willing to buy the property and keep it open as a casino. It has never turned a profit.
High Profile Names of Denver Sports Betting Clients Will Not Be Released
Jeffrey Dorschner, a spokesman for the U.S. attorney's office in Colorado, has confirmed that the names of those appearing on a client list of a multi-million dollar Denver area sports betting ring will not be made public.
Atlantic City Residents Hope for Best as Casinos Close
The storied Showboat Casino in Atlantic City, New Jersey has shut its doors and two more casinos are about to close in the coming weeks. Residents now brace for the worst, worrying over what will become of their seaside town.
Behind the Scenes of the Showboat Casino Closure and How it Will be Done
ATLANTIC CITY, N.J. (Associated Press) -- When a casino shuts down, making an announcement over the loudspeaker and herding gamblers off the casino floor is only the beginning. Here's a look at what takes place behind the scenes:
-- Secure the money and the chips. Casino security, supervised by inspectors from the state Division of Gaming Enforcement and backed by state police, immediately secure the money and gambling chips from each table game and slot machine. Supervisors and dealers count the chips, total up the money and have it wheeled away to the cash counting rooms.
New York Post Asks if Phil Mickelson Will be Charged With Insider Trading
The Sunday New York Post reports that golfer Phil Mickelson could be looking at a lengthy prison sentence if found guilty of insider trading.
Where Can I Bet 2014 Week 1 College Football Games Online?
You can bet 2014 Week 1 College Football games online at BetDSI.com here.
Use your credit card, cash transfer or other method to open a wagering account within minutes and start betting on everything from the winning side, totals, halftimes, player props, money lines and more.
Chris Christie Law Firm Bills $780,000 for Sports Betting Case, Other Items
POINT PLEASANT, N.J. — (Associated Press) - The law firm hired to defend Gov. Chris Christie's administration in the George Washington Bridge lane-closing scandal has charged the state another $780,000 for work this summer. That's in addition to $6.5 million billed through April.
The LPS Millions II is back! $1,000,000 GTD – Buy-in $850
September 13 – 20 at the Majestic Casino in Panama. IMPORTANT: US players can buy their package with Americas Cardroom here. They will also have one last $55 online Satellite on Sunday at 8:30pm ET. Two Packages Guaranteed on AmericasCardroom.com
Back by popular demand - $50,000 up for grabs at BetOnline.ag
BetOnline.ag, running on the Chico Poker Network, are currently placed number 18 on Pokerscout.com in August 2104, making them the 2nd biggest US-facing brand right now.
‘Bad Actor’ Clause Might Get Dumped When California Renews Online Poker Efforts
The so-called “bad actor” clause that deters California from permitting online poker rooms that have previously ventured into the US market could be erased from future Web poker legislation in that state, according to a report in iGaming Business.
Bookies Make Out Big to Kick Off College Football: Aggies 40-1 to Win Championship
The Texas A&M Aggies stunned South Carolina Thursday propelling the oddsmakers at Sportsbook.ag to slash their odds of winning the National Championship from 100-1 to 40-1.
‘Cribs’ Daniel Negreanu Style: ‘Austin Powers, PeeWee Herman Type Abode’
Daniel Negreanu shows us around his mansion, described by PokerStrategy as a "Austin Powers meets Pee-Wee Herman" style abode.
We concur.
Full Flush Poker Announces “Game of Poker Thrones” Promotion
Three Roads, Three Houses, and Nine Different Battles Lead to the G.O.P.T. $100K GTD
Paddy Power Profits Plummet Unfavorable Sports Results Contribute
DUBLIN, Ireland (Reuters) - Paddy Power's operating profit fell sharply in the first half of the year after a run of unfavourable sports results, but the Irish gambling company said a second-half rebound should deliver full-year earnings growth.
Paddy Power, which has more than doubled its annual profits since 2009 on an overseas expansion and a strong performance online, leads the industry in smartphone and tablet betting.
Gus Hansen vs. Viktor Blom ‘Best-of-Threes” With a Twist at Full Tilt Poker
ONCHAN, Isle of Man – As two of the most exciting players in poker face off in a best-of-three contest for $50,000 and to avoid a forfeit, Full Tilt Poker is inviting players to cash in on the action with a further $50,000 for qualifiers to win.
Nevada Gambling Revenue Inches Upwards in July
LAS VEGAS — (Associated Press) - State officials say Nevada gambling revenue was up less than 1 percent in July compared with the same month last year.
The Nevada Gaming Control Board reported Thursday that the state's casinos brought in $932 million last month. Las Vegas Strip gambling revenue was up 5 percent to $563 million, while downtown Las Vegas revenue was down 3 percent to $38 million.
Reno casino revenue was down 2 percent in July to $48 million, and South Lake Tahoe gambling revenue dove 23 percent to $25 million.
Interview with EPT 100 Barcelona Main Event Winner: Entrevista a Andre Lettau
Below are interviews with Germany’s Andre Lettau, both in England and in Espanol.
The 27-year-old online pro won the record-breaking 100th EPT Main Event in Barcelona for a life-changing first prize of €794,058. This was his first European Poker Tour.
Ihar Soika Wins EPT 11 Barcelona High Roller: Mercier Finishes 2nd
Jason Mercier finished second at the EPT 11 Barcelona High Roller event, taking home a cool €473,500.
The eventual winner was Ihar Soika from Belarus who took home €747,200.
The event had a total of 393 entries and became the biggest High Roller in the history of the EPT.
Study Finds Gamblers Brains Are Similar to Those of Pigeons
Psychologists at Warwick University, in the United Kingdom have concluded that gamblers brains are similar to those of pigeons.
Don't fret gamblers.
Las Vegas is Getting an NHL Team by 2017
According to a report in the Vancouver Province newspaper, expansion of the NHL to Las Vegas is a "done deal.''
