Gambling News

New Jersey Sports Gambling Tab Comes in at $2.8 Million and Rising

NEWARK, N.J. (Associated Press) — New Jersey's bid to legalize sports gambling has endured defeat after defeat in the courts, but one big winner has emerged, at taxpayer expense — the law firm hired to help Gov. Chris Christie defend a lawsuit filed by the four major pro sports leagues and the NCAA.

The firm — Gibson, Dunn & Crutcher — is the same one Christie hired, also with public money, to investigate the George Washington Bridge lane-closing scandal that is plaguing his administration.

Churchill Downs Boycott May be Taking Hold as Kentucky Oaks Handle Dips

This year’s Kentucky Oaks handle fell nearly 6% as revealed by Churchill Downs Saturday, making some wonder if a much publicized call to boycott Churchill Downs is starting to have some negative impact.

Steve Wynn Wins $7.5 Mil Judgment Against ‘Girls Gone Wild’ Founder

CARSON CITY, Nev. — (Associated Press) - The Nevada Supreme Court has upheld Steve Wynn's $7.5 million judgment in a civil defamation case against "Girls Gone Wild" founder Joe Francis.

Boyd Gaming Narrows 1Q loss Thanks to Positive Vegas Results

LAS VEGAS —  (Associated Press) - Boyd Gaming reports its first-quarter loss narrowed thanks to improvements in Las Vegas casinos and excitement in the city's redeveloping downtown.

The casino operator reported Wednesday that it lost $6.2 million, or 6 cents per share, for the period ending March 31. A year earlier it lost $7.3 million, or 7 cents per share.

Net revenue of $708.3 million fell nearly 4 percent from $735.6 million during a year ago.

Man Gets 3 Years in Russian Mob Gambling Case: Penchant for Violence Revealed

An associate of a notorious Russian Mob boss was sentenced this week to three years for his role in a sports betting ring that generated around $100 million.  His sentence came just one day prior to the same judge ordering a wealthy art gallery owner to one year behind bars.

UK Tightens Rules on High Street Betting Shops

LONDON - (Reuters) - Britain is tightening controls on the spread of betting shops and the high stakes gambling machines that account for a growing part of their business, the government said on Wednesday.

Britain has a well developed gambling industry and betting shops have been a feature of the high street for more than 50 years after they were legalised in the early 1960s.

However, public concern has been growing over clusters of shops housing machines on which gamblers can stake up to 300 pounds ($510) per minute playing games such roulette.

How to Fund an Online Betting Account in New Jersey: Firm Claims It’s Been Tough

Wayne Parry, New Jersey-based Associated Press writer, reports that funding an online betting account in the Garden State has not been easy despite the activity being legal for nearly 6 months now.

Funding by credit card has been among the most difficult.

Jenny Woo Baby Rescued From Gulf Breeze Florida Flooding by Kayak

The two-year-old baby girl of Gambling911.com intrepid reporter Jenny Woo became a national sensation Wednesday after film crews from Good Morning America and WeatherNation captured little Lily being rescued from her flooded Gulf Breeze, Florida living room by way of a kayak.

Gulf Breeze and other Florida Panhandle towns were devastated by up to two feet of rain that fell in under 24 hours.   

Baby Lily’s dad happened to have a kayak out back and was able to get her to an area that was not flooded. 

Jacksonville Fraternal Order of Police VP Pleads Guilty in Gambling Case

SANFORD, Fla. (Associated Press) — The longtime vice president of the Jacksonville Fraternal Order of Police has pleaded guilty, but won't face any jail time for his role with a veterans' organization that prosecutors say was as a front for a $300 million gambling operation.

Robert Freitas made the plea in court Tuesday and has agreed to testify in other cases, if necessary.

"The state's not seeking any sanction beyond the time he's already served," said attorney Tad Yates, who represented Freitas.

Floyd Mayweather Wants to Buy LA Clippers: Gambling Rep Could be an Issue

WBC Welterweight champion Floyd Mayweather Jr. said Tuesday that he would like to purchase the NBA franchise LA Clippers. 

Mayweather, a regular at Clippers games, made the comment during a press conference while in Las Vegas.

Nevada Gambling Revenue Up 7.6 Percent in March

Nevada gambling revenue up 7.6 percent in March; nearly 11 percent on Las Vegas Strip

CARSON CITY, Nev. (Associated Press) -- Nevada casinos won $982 million from gamblers in March, an increase of 7.6 percent from the same month a year ago with most casino games — from baccarat and craps to slot machines — posting better revenue numbers, state regulators reported Tuesday.

Traders Betting on Bookies: Shares Climb

(Reuters) - Bid talk and relief about 'less draconian' Government measures lift the bookmakers

Traders were betting on the bookmakers amid a revival of bid gossip and relief that a clampdown on the gambling industry was likely to be less severe than feared.

Florida and Seminole Tribe Near New Deal

TALLAHASSEE, Fla. (Associated Press) – Florida Gov. Rick Scott and the Seminole Tribe of Florida are close to reaching a new deal that could force legislators to once again consider the future of gambling in the state.

So far there haven’t been any details released, but legislative leaders have confirmed that Lt. Gov. Carlos Lopez-Cantera met with them this week to let them know a deal with the Hard Rock hotel and casino owner could be reached soon.

Vladimir Troyanovskiy Leads EPT Grand Final 2014 After Day 3

PCA High Roller runner-up Vladimir Troyanovskiy is chip leader going in to Day 3 of the PokerStars and Monte-Carlo®Casino EPT Grand Final. There were 650 players this season (compared to 56 last year) generating a prize pool of €6.5 million. As well as a gigantic €1,240,000 first prize, the winner will also receive the coveted champion’s trophy as well a stunning watch from luxury Swiss brand SLYDE, the Official Watch Sponsor for EPT10 Main Events and High Rollers.