Gambling News

Online Poker Payouts: Carbon Sees Fastest Check Processing in Over a Year

Good news on the online poker payouts front as Carbon Poker customers have reported receiving checks in record time.

Submitted by Ace King on, Apr/11/2012

Freezeout Multi-Table Online Poker Tournaments to Become Re-Entry Tournaments at ACR

Americas Cardroom is ushering in a brand new era in online poker by making a big change to all freezeout tournaments. Just days away from their long expected $250,000 Guaranteed tournament on April 15th, all existing freezeout multi-table tournaments will become Re-Entry Tournaments, a popular tournament structure that lets players who bust out early re-enter at a new table with a refreshed chip stack.

Submitted by Guest on, Apr/11/2012

Tribes Hold the Cards in California Online Poker Effort: New Jersey Racing to be First

The odds of New Jersey legalizing online poker first is much greater than California doing so and the San Francisco Chronicle’s Demian Bulwa does a superb job of laying out the reason why.

Bulwa doesn’t draw comparisons between the two states but rather offers the various obstacles standing in the way of California's efforts.

Submitted by Jagajeet Chiba on, Apr/11/2012

Scott Seiver Wins 2012 PartyPoker Premier League V

Scott Seiver has won the 2012 PartyPoker Premier League V, beating out a star-studded final table that included the likes of Patrik Antonius, Phil Laak, Tony G and Daniel Cates.   

16 players took part in the $125k buy-in event. 

Each player in the PartyPoker Premier League V received $2,000 for each point earned in the preliminary heats, thus helping to boost the overall winnings.

Here is a look at the final table standings and prize payouts:

Scott Seiver – $560,000

Daniel Cates – $376,000

Phil Laak – $233,000

Patrik Antonius – $189,000

Submitted by Patrick Flanigan on, Apr/11/2012

Dusty Schmidt Apologizes for Comparing ‘Black Friday’ to 9/11

Poker pro Dusty "Leatherass" Schmidt has apologized for a thoughtless blog post he made last week comparing Black Friday, the U.S. crackdown last year on online poker, to the murder of 3,000 Americans on 9/11.

"I want to apologize to anyone I offended," Schmidt wrote in his latest blog post, made yesterday.

Submitted by Thomas Somach on, Apr/11/2012

Commission Junction Drops Covers Experts: The Casualties of War

The sports handicapping “war” shows no letup even if both sides seem a bit apprehensive in terms of releasing critical information.

It began when Management sources within PreGame.com advised Gambling911.com that rival Covers had provided its handicappers with an ultimatum heading into this year’s March Madness:  “Leave Pregame or leave us”.   

Submitted by C Costigan on, Apr/10/2012

‘Mystery’ Solved: ‘RaiseOnce’ on PokerStars Confirmed as Phil Ivey

In what has got to be one of the worst kept secrets in the world of online poker, the “mysterious” “RaiseOnce” for whom everyone and their mother believed to be Phil Ivey has been confirmed to be him. 

From Part Time Poker

Submitted by Nagesh Rath on, Apr/10/2012

Manila Millions Super High Roller 2012: Biggest Buy-In Ever at HKD$1,000,000

Poker elite Phil Ivey and Tom Dwan have been confirmed for the first ever Manilla Millions Super High Roller 2012 tournament to commence April 20. 

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Submitted by Nagesh Rath on, Apr/10/2012

US Owes Antigua $120 Million in Damages Over WTO Online Gambling Dispute

In 2007 The World Trade Organization (WTO) demanded the United States government pay restitution to the tiny Caribbean nation of Antigua after the later won a judgment against Uncle Sam.  Antigua essentially accused the USA back then of protectionism and engaging in unfair competitive practices as it pertained to the Caribbean nation’s role in regulating what is now a multi-billion dollar online gambling industry.

Submitted by C Costigan on, Apr/10/2012

Nevada Gambling Revenues Up 5.7 Percent in February: Online Poker Traffic Sees Gain

Good news for both the Las Vegas gambling and online poker sectors as both reported gains. 

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Gaming Control Board officials announced on Tuesday that Nevada gambling revenues were up 5.7 percent with Las Vegas Strip casinos seeing a 3.3 percent surge. 

Overall revenue generated included $932 million in the state and $531 million from the Vegas Strip casinos. 

Submitted by Aaron Goldstein on, Apr/10/2012

LockOps May Tease: Battle Tested Lock Poker Pro Takes Down Irish Open

So the folks from Lock Poker, one of the most popular online poker rooms on the planet, advised Gambling911.com Tuesday morning to watch for an upcoming event exclusively on their site.

Submitted by Ace King on, Apr/10/2012

Inquirer: Odds Improve for Atlantic City Internet Gambling

The Philadelphia Inquirer on Tuesday featured an article on the prospects of Internet gambling in Atlantic City.

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Submitted by Aaron Goldstein on, Apr/10/2012

Wicked Ways: Even Witchcraft Can’t Save the Epic Poker League

The Salem witch trials were a series of hearings and prosecutions of people accused of witchcraft in Colonial Massachusetts, between February 1692 and May 1693.

The most infamous trials were conducted by the Court of Over and Terminer 1692 in Salem Town.

Submitted by Ace King on, Apr/10/2012

Instant Banking for Online Gambling Could Return to US Soon

There may be a new payment processor in town for those in the US online gambling community.

ADI-News.com has reported on the merger of two big name payment processors, Mazooma and BigPoint

From ADI-News.com:

Submitted by Aaron Goldstein on, Apr/09/2012

Irish Open 2012 Won by Belgium Poker Player Kevin Vandersmissen

Belgium’s Kevin Vandersmissen has won the 2012 Irish Open, an event that was broadcast live over the Internet and displayed players hole cards.  Poker fans around the world were also able to bet on this year’s Irish Open. 

Submitted by Ace King on, Apr/09/2012

Phil Hellmuth: Adderall, Crank Usage has Helped Poker Players Win Millions (Video)

Appearing on Quadjacks Radio this past week, the self-proclaimed “Poker Brat” Phil Hellmuth discussed the drug Adderall and how it can be affective when playing poker. 

Scroll Down for Video...

Submitted by Ace King on, Apr/09/2012

Epic Meltdown: Poker League Now $8 Million in the Hole

The disastrous Epic Poker League is sinking faster than the Titanic, minus the life rafts.

CardPlayer.com reports that EPL’s parent company’s bankruptcy filing lists liabilities of $8 million, not the $5 million previously asserted

The company managed to earn just $37,052 in income over a 14 month period while racking up $7,892,242 in total liabilities, CardPlayer.com noted.

Submitted by Aaron Goldstein on, Apr/09/2012

Bad Beat Poker Jackpot Smashed $250k Guaranteed on April 15th

It's every poker player's nightmare to lose a hand of Hold'em while holding quad 8's. But for BingoTroy at Americas Cardroom, it was a dream come true.

Submitted by Guest on, Apr/09/2012

Maryland Now Allows Gambling on Fantasy Sports: Life Behind Bars for Booking NFL Games

As Bodog Founder Calvin Ayre, 50, faces more than 25 years behind prison for running one of the largest online sports betting enterprises and targeting residents of Maryland, that state has just begun allowing wagers on fantasy sports.  Exceptional timing!!!  We can't make this stuff up even if we tried. 

Submitted by Jagajeet Chiba on, Apr/09/2012

Full Tilt Poker CEO Raymond Bitar Facing Prison Term 260 Times That of a Statutory Rapist

Some might be thinking, if Roman Polanski could evade US law enforcement for more than 30 years after being charged with raping a minor, surely the head man at Full Tilt Poker should have no problem remaining on the lam just as long.  Bitar, after all, is not a rapist.  He's simply a poker player who just happened to be running one of the largest online poker rooms in the world, and he made loads of money doing so. 

Submitted by Jagajeet Chiba on, Apr/09/2012

Irish Open 2012 Final Table Determined

The Irish Open 2012 Final Table has been announced with Ian Simpson leading the pack in terms of chip count.  David “Dixie” Dean came in a close second.  Both players are relative unknowns with Dean’s last big live circuit win occurring at the Inaugural Poker Championship – The Sportsman Showdown – in 2006.

Submitted by Ace King on, Apr/09/2012

World Exclusive: Shulman Blasts Schmidt Over 9/11 Remark

Card Player boss Barry Shulman has blasted one of his bloggers who compared Black Friday to 9/11, Gambling911.com can reveal in a world exclusive report!

Shulman, owner of Card Player magazine and CardPlayer.com, blasted poker pro Dusty "Leatherass" Schmidt for making the comparison in a blog posted on CardPlayer.com last Thursday.

In an exclusive interview with Gambling911.com over the weekend, Shulman called Schmidt's remarks "indefensible" and "immature." 

Submitted by Thomas Somach on, Apr/08/2012

Will Online Gambling Really Discourage People From Visiting Atlantic City?

An opinion piece in the Bergen Record suggests that the legalization of online gambling in the state of New Jersey (looking more inevitable by the day) may do more harm than good.  In particular, online gambling could serve to actually discourage people from visiting Atlantic City.

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Submitted by Aaron Goldstein on, Apr/08/2012

Play Poker, Win Big Bucks on The Web This April

For those of you who play poker, we here at Gambling911.com have never seen such a great assortment of big cash promos and tournaments as what’s available during the month of April (2012).  Today we look at Americas Cardroom and a very special April promotion.  Players across the globe, including those in North America, Europe, Asia, South America, Africa, the Southern Pacific are welcome….

Submitted by Nagesh Rath on, Apr/08/2012

Jenny Woo Odds on Having a ‘Black Friday’ Baby: NBA Futures 2012 (Video)

In her final installment of DonBestTV.com before her maternity leave, Gambling911.com’s Senior International Correspondent Jenny Woo talks about odds of her having Baby Lily before or after the infamous April 15 date of “Black Friday”.  

Submitted by Jagajeet Chiba on, Apr/07/2012

Poker Pros Get Tax Break in 2012

Great news for poker pros in 2012 as the tax court has issued a ruling that is beneficial regarding deductions.

From Pokerati.com:

The key take-away is that poker losses are now deductible for professional gamblers beyond your profits, so you can carry them forward and backward to offset income in other years. You can file on Schedule C instead of Schedule A, which limits deductibility.

Submitted by Ace King on, Apr/07/2012

Watch the Irish Poker Open 2012 Live Online

For those of you who would love to watch the Irish Poker Open 2012 but don’t happen to be in Ireland, you’re in luck.  PaddyPower.com is broadcasting the tournament here LIVE.

Submitted by Ace King on, Apr/07/2012

Former Bookie Smothered in Bed: Wife and Daughter Sentenced to Life

The wife and daughter of a retired bookmaker, Don Banfield, have been found guilty of smothering the man to death for his insurance money. 

Former tax inspector Shirley Banfield, 64, and her daughter Lynette, 40, admitted to two charges of conspiracy to defraud and charges of forgery as well as the perverting of course of justice, though they denied murdering Banfield 11 years ago. 

The pair pocketed more than £120,000, some of which went into the purchase of their Canterbury, England home.   

Submitted by Gilbert Horowitz on, Apr/06/2012

Online Poker Reload Bonus Being Offered at Carbon, More

One of the world’s leading online poker sites, Carbon Poker, is offering a special reload bonus during the month of April (2012). 

Submitted by Guest on, Apr/06/2012

James Dempsey Wins Inaugural iSeries Live Poker Event

UK poker player James Dempsey has won the first ever iSeries Live poker event, beating out Dave “Devilfish” Ulliott and taking home the $100,000 prize. 

Submitted by Patrick Flanigan on, Apr/06/2012

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