Gambling
Judge Puts Revel Casino Deal on Hold
(Reuters) - A federal judge in New Jersey on Sunday called a temporary halt to the pending sale of bankrupt Revel Casino in Atlantic City and scheduled a hearing on Monday on a motion to block some of the terms of the $94.5 million deal.
U.S. District Court Judge Jerome B. Simandle ordered an emergency hearing for 3 p.m. in the proposed sale of the property to Florida developer Glen Straub, who could lose his $10 million deposit if the deal does not close by Monday's deadline.
Tentative Trial Date Set in FBI Ruse Case Concerning Poker Pro
LAS VEGAS — (Associated Press) - A federal magistrate judge in Nevada set a tentative trial date in a closely watched case alleging that casino high-rollers set up an illegal Internet gambling ring in their Las Vegas Strip suite.
Prosecutors and defense attorneys argued procedural matters Friday, and U.S. Magistrate Judge Peggy Leen acknowledged that an April 13 target date may not stand.
The case is headed to a U.S. District Court judge.
US Military Veteran Hopes to Take ReverseFantasyFootball, DraftDawgs to Next Level
EAST WINDSOR, NJ – With the conclusion of the 2014 NFL season the fantasy sports market has without a question of a doubt enjoyed its largest season. The unprecedented popularity of weekly fantasy leagues offering cash prizes without season long commitments has been extraordinary - with many new sites joining the fray at the start of this past football season.
Another Blow to Macau as China Promises to Crack Down on Foreign Casinos
(Reuters) - China will fight attempts by foreign casinos to lure its citizens abroad, a senior police official said on Friday, which could deal a blow to the gaming firms in Macau and Asian countries that rely on these punters for most of their revenue.
Chinese, among the world's most prolific gamblers, often travel to the Chinese territory of Macau, South Korea, the Philippines or Australia, as gambling is illegal in mainland China, except for heavily regulated state-sanctioned lotteries
DraftKings Partners With LA Clippers: Becomes Official Fantasy Partner
The Los Angeles Clippers and DraftKings announced today a partnership that makes DraftKings the official daily fantasy sports partner of the Los Angeles Clippers. The agreement marks the team’s first-ever partnership with a one-day fantasy sports website. DraftKings is the largest U.S.-based provider of daily fantasy sports contests across a broad range of professional and college sports, including basketball.
FanDuel 2015 World Fantasy Basketball Championship in South Beach April 10
FanDuel.com, the world’s largest Daily Fantasy Sports site, has announced plans for the 2015 World Fantasy Basketball Championship in South Beach April 10.
The event will be held at the fabulous Ritz Carlton just minutes from the world famous Ocean Drive and Lincoln Road….and just down the road from our Gambling911.com headquarters.
PlayMLF.com Daily Fantasy Sports Site Movin’ On Up: DraftKings Gets Warriors
Daily fantasy sports firms continue to expand with the explosive popularity of the sector in recent months. PlayMLF.com just announced via their Twitter account, they too are in need of improved office space.
Iowa Fantasy Sports Bill Gets Approval From State Senate
In the wake of the fantasy sports phenomenon gripping the U.S., a bill to legal the activity in Iowa has been given the green light in the State Senate. Iowa casinos could also offer fantasy sports with cash payoffs under some circumstances.
Senate Study Bill 1068 was approved by the Senate State Government Committee on a voice vote with only one dissent.
PA Teacher Stole Nearly $200K From Union to Fuel Gambling Addiction
GIBSONIA, Pa. (Associated Press) -- A business teacher has been charged with stealing $175,000 he blew on lottery tickets and at casinos while serving as treasurer of his union at suburban Pittsburgh school district.
Defense attorney Christopher Thomas says 44-year-old Edward Maritz Jr. is taking responsibility for the crimes because his "conscience caught up to him."
Maritz is on sabbatical from the Pine-Richland School District.
Campaign for Liberty Strongly Opposes Online Gambling Ban
SPRINGFIELD, Virginia- Today, Campaign for Liberty issued the following statement from C4L President John Tate strongly opposing the reintroduction of the “Restoration of America’s Wire Act” (RAWA) by Rep. Jason Chaffetz (R-UT). This legislation would institute a federal ban on online gambling and trample on the United States Constitution, which leaves the states with the authority to regulate matters not specifically given to the federal government.
Bill to Outlaw Online Gambling in US Resurfaces in Congress
A bill to prohibit online gambling in the United States has resurfaced in Congress this week. The legislation, reintroduced by Jason Chaffetz (R-Utah) is heavily backed by GOP megadonor and casino mogul Sheldon Adelson.
In response, the Poker Players Alliance issued the following statement early Wednesday afternoon.
Iowa Moves Closer to Legalizing Fantasy Sports
Iowa, a state that has dabbled with the notion of legalizing online gambling including poker, has moved to legalize Fantasy sports.
While Fantasy Sports are exempt under federal legislation banning most other forms of online gambling, some individuals states have enacted their own laws that make engaging in such contests with cash prizes illegal, Iowa being one of them.
Minnesota Man Wins $300,000 Playing Daily Fantasy Sports
Jake Sanders, 38, of Edina, Minnesota, recently won $300,000 from the Daily Fantasy Sports site FanDuel.com. And that was by finishing in 4th place!
Sanders was a qualifier for a FanDuel $2 million dollar event in Las Vegas during week 15 of the NFL season. One player picking up yardage in the final seconds of a Jets/Titans game reduced Sanders earnings by $200,000 from $500,000.
Daily Fantasy Freerolls – ScoreStreak.com, FantasyAces.com
Daily Fantasy freerolls allow folks to enter a tournament without having to pay a fee. This is an attractive option not just in the world of Daily Fantasy Sports, but also in online poker. Check out the Gambling911.com Fantasy Sports section for all the latest Fantasy and freeroll news along with picks and the latest player salaries right here.
Can I Bet on the Aaron Hernandez Trial Online?
While many folks would love to bet on the Aaron Hernandez murder trial, none of the online bookmakers are offering such odds at this time.
Golden Nugget Fined for Losing Slot Machine, Failing to Shuffle Cards
ATLANTIC CITY, N.J. (Associated Press) — Two tasks should be among the most basic at any casino: Keep track of how many slot machines are in use, and shuffle the cards before using them.
Yet two Atlantic City casinos have been fined for failing at those jobs.
Adam Silver Talks Legalized Betting on the NBA With ESPN
NBA commissioner Adam Silver sits down with Andy Katz on "Outside The Lines" to discuss disciplinary issues facing the league, teams wanting to lose to obtain a higher Draft pick and the issue of legalized sports betting on the NBA.
Flashback November of this past year. Silver raised plenty of eyebrows throughout the sports world and beyond with his opt-in piece appearing in the New York Times supporting the notion that sports betting should be legalized in the U.S. and how it would help increase the National Basketball Association’s popularity.
Vulcun Announces the Largest League of Legends Fantasy Prize: $1 Million
In business for just over a month now and kicking off with a $250000 prize pool, Vulcun will now be offering a $1 million prize for the upcoming League of Legends League Championship Series (LCS).
Judge Finds Evidence Tainted in Poker Pro Paul Phua Case: FBI in the Wrong
LAS VEGAS (AP) — Undercover FBI and Nevada regulatory agents misled a federal judge and violated the rights of a wealthy Malaysian businessman and his son by posing as Internet repairmen to get into Las Vegas Strip hotel rooms in a gambling probe last summer, a U.S. magistrate judge said.
Senator John McCain Wants Congress to Look at Legalized Sports Betting
Senator John McCain, an Arizona Republican and former US Presidential nominee in 2008, told “Capital Games” hosts Rick Klein and Andy Katz this past week that Congress needs to debate whether sports betting should be legalized.
Fantasy Sports New Kid Sideleague.com has an App for You
CHICAGO -- Are you a fantasy sports player?
There's an app for that.
As more and more people play in fantasy sports leagues that they access via their mobile devices rather than their computers, the leagues are making it easier for them to do so.
Bitcoin Sportsbook For Super Bowl 49: The Importance of the Bookmaker News
Many fans of Bitcoin, the anonymous digital currency, may not have fully grasped the importance of Bookmaker.eu announcing its new Bitcoin sportsbook platform this past week. To say this is the biggest news related to the marriage of Bitcoin and online gambling would be an understatement.
Nevada Casino Winnings Drop to $11 Billion in 2014
LAS VEGAS — (Associated Press) - Nevada's slow and steady gambling winning streak ended in 2014 with $11 billion captured behind casino cages, down 1.1 percent from a year ago.
The places where the winnings dropped or didn't is what interested David Schwartz, the director of the University of Nevada, Las Vegas' Center for Gaming Research.
The Las Vegas Strip's casinos were down 16.4 percent in December to $555 million and 2.1 percent for the year to $6.4 billion, according to Gaming Control Board statistics released Friday.
Bookmaker Offers Bitcoin Just in Time for Super Bowl XLIX
San Jose, Costa Rica –The hype for Super Bowl XLIX between the New England Patriots and Seattle Seahawks is reaching a fever pitch, and Bookmaker.eu is making its own worldwide headlines by now accepting Bitcoin for both deposits and withdrawals.
Washington State Lawmakers Want to Legalize Fantasy Sports
OLYMPIA, Wash. — (Associated Press) - Lawmakers in Washington state - home to the defending Super Bowl champion Seattle Seahawks - may legalize gambling on fantasy football by classifying fantasy sports as games of skill.
Parlay Bet Pays $100K From BetDSI.com
A dramatic parlay finish led to a $100,000 winner at Diamond Sportsbook (BetDSI) on Sunday, as the Wizards' 107-105 win in overtime at Denver put the finishing touches on a winning ticket in near-miraculous style.
FanDuel Sued: Daily Fantasy Sports and the Start of Class Action Season
While billions of dollars of sports betting continues in the shadowy world of illegal off-shore sports books, the fantasy sports business has been on fire. And as fantasy sports becomes the new hot “thing” online, it has continued to evolve: Dozens of companies are entering the market to offer everything thing from the increasingly common single day fantasy contests to the stock market-like contest offered by recent arrival. Throughout the explosion of interest, two companies – FanDuel and Draft Kings have remained the behemoths of the industry.
Online Gambling, Marijuana Ring Busted in Oregon
US federal authorities have taken down an online gambling ring operating out of four Oregon counties. Raids were conducted Wednesday morning in a number of towns including the state’s largest city of Portland.
What’s a Good Pay Per Head for Super Bowl 49
There will most certainly be a high demand for a solid Pay Per Head this Super Bowl 49 and RealBookies.com per head service should certainly be considered.
Here is just some of what they have to offer:
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Only $10 Per Head (per player) weekly
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Jets Hire Brother of Judge in New Jersey Sports Betting Suit
NEWARK, N.J. (Associated Press) — The New York Jets have hired the brother of a federal judge who has ruled on New Jersey's efforts to allow sports betting, but that won't affect the case for now.