Gambling News
Wynn Approved for Online Gambling License in New Jersey: Uncertain of Plans
ATLANTIC CITY, N.J. (Associated Press) - In the decades since he left Atlantic City for the more prosperous sands of Las Vegas, casino mogul Steve Wynn has repeatedly considered a return here, only to decide against it.
This may be another one of those instances.
New Jersey gambling regulators have approved Wynn to offer an Internet gambling site in the state where he once ruled the roost. But a Wynn spokesman said plans by Wynn Interactive to offer online gambling in New Jersey are on hold as it studies the fledgling market.
Super Bowl 48 a Success for Vegas, Bookmakers
The final tallies are out and Super Bowl 48 turned out to be a big win for Las Vegas sportsbooks and offshore bookies.
Gambling911.com had already discussed how the largest bets had money coming in on the Denver spread and UNDER 47.5, both of which went in favor of the bookies.
Poll Finds More New Jersey Residents Prefer Pot Over Online Gambling
ATLANTIC CITY, N.J. (Associated Press) - A new poll finds more New Jersey residents want to smoke pot than gamble over the Internet.
A Fairleigh Dickinson University PublicMind poll finds 41 percent of respondents would support smoking marijuana recreationally if it became legal.
That compares to only 32 percent who support gambling over the Internet, which is legal in New Jersey now.
The poll finds support for online gambling has fallen, even as it enters its third full month and more than 150,000 online gambling accounts have been set up in the state.
WagerHome Tools Make Customer Management Easier For ALL Pay Per Head Agents
Anyone who is running a sports betting service, or is aspiring to do so, and wants to enter the 21st-Century way of doing business is going to want his or her players to have access to a genuine sportsbook interface, just like the "pros" use. That is possible through the phenomenon of "Price Per Head," or "PPH," and nobody in this business does it quite like WagerHome.com.
Disgraced Poker Blogger ‘Who Jedi’ is Now ‘Where Jedi’: Pulls Blog
A poker reporter charged with stealing from dealer chip jars at the Mohegan Sun no longer has his blog up, Thomas Somach reports.
2014 EPT Monaco Schedule and ‘Grand Final for Everyone’ Announced
ONCHAN, Isle of Man – February 3, 2014 – The PokerStars.com and Monte-Carlo® Casino European Poker Tour Grand Final today announced a spectacular 11 day 48-event schedule, featuring more tournaments with buy-ins of €500 or less than ever before.
Floyd Mayweather Denies Making $10 Million Broncos Bet
Following the Denver Broncos bruising loss to the Seattle Seahawks in Super Bowl 48, boxing champ Floyd Mayweather, Jr. has gone on record to state the obvious: He never bet $10 million across seven Vegas sportsbooks on Denver to win the Super Bowl.
Sotirios Koutoupas Wins EPT Deauville 2014 for €614,000
Sotirios Koutoupas has won EPT Deauville for €614,000 and become the first ever Greek EPT champion.
Koutoupas, who was runner-up to Ramzi Jelassi at EPT9 Prague, beat Team PokerStars Pro Eugene Katchalov heads-up today thus thwarting the Ukrainian’s bid to secure poker’s Triple Crown. Katchalov, 32, already has a WSOP and WPT title and came close to an EPT title when he finished third in Barcelona in Season 8. He got €379,500 for second place.
WSOP Main Event 2014 May Have $10 Million First Place Prize
World Series of Poker officials may have accidentally leaked that their will be a $10 million guaranteed 1st place prize awarded to the winner of the WSOP 2014.
If true, this would be the second largest cash prize given out during the main event.
Final Eight of EPT Deauville High Roller Determined
Lebanese player Albert Daher is chip leader for the final of the record-breaking EPT Deauville €10k High Roller. Daher has 1,300,000, nearly twice as much as his nearest rival – EPT Barcelona champion Martin Schleich from Germany, who is in second place with 762,000. EPT8 Player of the Year Ondrej Vinklarek from the Czech Republic lies in third with 737,000.
Mastronardo Brothers Cop Plea in Sports Gambling Case
PHILADELPHIA (Associated Press) — Two brothers have pleaded guilty in a gambling case that involves $1 million buried in the yard of the daughter of a former law-and-order mayor of Philadelphia.
Brand New Sport Betting Site Offers Social Gaming
As you are probably aware if you have ever visited a sports betting site and have been looking to place a sports wager, many of the betting sites available online additionally offer side games which you can play while waiting for your game to start.
Floyd Mayweather Did Not Place $10 Million Super Bowl Bet Says Massage Therapist
Following reports that boxer and big time gambler Floyd Mayweather Jr. had bet approximately $10 million across a series of Las Vegas sportsbooks, now comes word that his personal massage therapist has set the record straight.
China Gambling Propels Wynn's 4Q Profit
LAS VEGAS (Associated Press) — Wynn Resorts Ltd. said Thursday that its fourth-quarter profit nearly doubled on gains in Macau, the only place in China where casino gambling is legal.
Net income for the October-December period came to $213.9 million, or $2.10 per share, from $111.4 million, or $1.10 per share, in the same months in 2012.
Excluding special items, Wynn made $2.27 per share. Analysts polled by FactSet expected $1.72 per share.
Online Gambling Site Shut Down: Programmer Pleads Guilty
A local Roanoke, Virginia restaurant owner and programmer were charged with running an online sports betting site that was being served out of Costa Rica.
More Major Retailers Poised to Start Accepting Bitcoin in Wake of Overstock Success
On the heels of Overstock.com, the Sacramento Kings, two Las Vegas casino establishments and the popular online poker room Americas Cardroom each now embracing the anonymous digital currency bitcoin, other major retailers are about to follow suit.
Russia Reportedly Protecting Mafia Figure Accused of Bribing Olympics Figures
With the Winter Olympics about to kick off in Sochi, Russia in just a matter of days, a dark shadow continues to hover over that nation, and we’re not referring to any terrorist threats or fear of reprisal against the LGBT community.
Canada Using Super Bowl to Help Promote Legalizing Sports Betting
(Canadian Press) - Supporters of proposed federal legislation that would legalize single-event sports betting are using this weekend's Super Bowl XLVIII to pressure senators to give final approval to a private member's bill.
Pleas Set in “Buried Gambling Money” Case Tied to Offshore Betting
PHILADELPHIA (Associated Press) — Guilty pleas are unfolding in a gambling case that involves $1 million buried in the yard of the daughter of a former law-and-order mayor of Philadelphia.
Sit & Crush Race Follows in Footsteps of Online Poker’s The Beast
San Jose, Costa Rica – It's not just The Beast's roar that's making big noise each week at Americas Cardroom. Just days after announcing that The Beast is moving to a weekly format beginning February 1st, the leading online poker site today announced that its Sit & Crush tournament points race is also moving to a weekly format.
Ole Schemion Wins 2013 European Poker Player of the Year Award
DEAUVILLE, France – PokerStars today congratulates Ole Schemion on winning the European Player of the Year at the GPI European Poker Awards 13th Edition sponsored by PokerStars. The awards were held in conjunction with Casino Lucien Barriere and the PokerStars European Poker Tour Deauville.
Caesars May Bid for Revel Casino
(Bloomberg) - Caesars Entertainment Corp. is considering making a bid for Revel Casino Hotel, the Atlantic City, New Jersey, property that went through bankruptcy last year, according to people with knowledge of the situation.
A bid from Caesars isn't certain, said the people, who asked not to be named because deliberations are private. Offers for the property, which opened in April 2012, are due in two weeks, and no negotiations are under way, they said.
Wynn Resorts Scheduled to Report Quarterly Results
Wynn Resorts (NASDAQ:WYNN) will announce its earnings results on Thursday, January 30th.
Shares of Wynn Resorts (NASDAQ: WYNN) opened at 197.15 on Wednesday. Wynn Resorts has a 52 week low of $113.39 and a 52 week high of $216.99. The stock’s 50-day moving average is $195.5 and its 200-day moving average is $163.. The company has a market cap of $19.850 billion and a P/E ratio of 31.05.
British Poker Pro Nigel Goldman Vanishes Amidst Embezzlement Fears
Nigel Goldman, a British poker pro popular on the big name tournament circuit, has gone missing from his Costa Del Sol, Spain mansion.
It’s not just Goldman who has gone missing, however. Some by £2.5m in clients funds have also vanished.
The warning signs may have been there from the get-go.
Kentucky Baptists to Fight Gambling Expansion in State
(Associated Press) - The Kentucky Baptist Convention is speaking out against expanded gambling in a new radio ad aimed at stirring grassroots opposition to legalizing casinos.
The ad is debuting today on Christian radio stations. It features the Baptist Convention's executive director, Paul Chitwood. He says casino operators want to "cash in on the misery" of others.
Neteller customers Targeted in Phishing Scheme
Customers of the popular online wallet Neteller were targets of an apparent phishing scheme, it was revealed this week.
Numerous customers received emails over the weekend notifying them that their accounts would be closed if they did not provide pertinent personal details. Those emails turned out to be fake.
The email appeared as such:
Dear [e-mail address]
California Online Poker Bill Sponsor Sen. Rod Wright Convicted of Felony
The man most responsible for bringing the discussion of legalized online poker to the state of California has been convicted of perjury and voter fraud.
A Los Angeles jury on Tuesday convicted state Sen. Roderick D. Wright on all eight counts in his perjury and voter fraud trial.
Gambling Expansion a Hot Topic Tuesday in Illinois: Odds Improve
EAST ST. LOUIS, Ill. (Associated Press) — A state lawmaker believes his latest bid to expand Illinois gambling may finally bear fruit now that the state's thorny pension crisis has been resolved to the satisfaction of the governor who twice spiked measures that would have added casinos.
State Rep. Robert Rita, a Democrat from the Chicago suburb of Blue Island, effectively was to launch his quest Tuesday with a meeting at East St. Louis' Casino Queen, where he was to seek input from the region's casinos, a horse track and local officials.
Hearing on Bitcoin Turns Into Discussion Regarding Shortcomings of Banks
A Tuesday hearing about the anonymous digital currency bitcoin turned into a forum on the shortcomings of the traditional banking system.
Poker Pro Dario Sammartino Leads at EPT 10 Deauville Main Event
Italian pro Dario Sammartino is leading the remaining 137 players as we go in to Day 3 of the EPT Deauville Main Event. The 26-year-old, who was third in the FPS High Roller a few days ago for €63,800 and fourth in the UKIPT London Main Event in October, has 427,200, closely followed by EPT Loutraki champion Zimnan Ziyard with 392,500. His biggest live cash to date was runner-up at IPT Sanremo in October for €95,000.
