Gambling
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No Hearing in House Subcommittee for Online Gambling Ban
Poker Players Alliance (PPA) head John Pappas confirmed late Monday that an anticipated House subcommittee hearing to discuss a ban on Web gambling has been pulled from the agenda.
The Restoration of America’s Wire Act (RAWA) is a piece of legislation heavily backed by GOP megadonor and casino magnate Sheldon Adelson. The measure has support on both sides of the aisle, though that support is believed to be miniscule.
Pappas tweeted:
Vice: Online Gambling has Made Many in Gibraltar Very Rich
Vice Media has just got through visiting the British overseas territory of Gibraltar, surprisingly now the fastest growing economy in all of Europe with an unemployment rate around 6 percent. Much of this can be attributed to the online gambling sector.
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Bodog Arsenal Sponsorship Deal Could Be Nullified: Premier League Clubs Warned
Premier League clubs have been warned about entering into deals with unlicensed overseas online gambling companies in a move that could cost teams £90m a year in sponsorship revenue.
‘Canary’ Mobster Who Helped Whack Brother-in-Law Gets Sentence of Time Served
A mob rat who helped in the 1988 murder of his brother-in-law has been rewarded with a sentence of time served – just three days.
NJ Woman Wins $1.3 Million Playing Online Slots at HarrahsCasino.com
ATLANTIC CITY, N.J. – (Associated Press) - A Morris County woman has won New Jersey's largest Internet gambling jackpot, a $1.3 million payout from an online slots game.
Cathy Ruela was playing the "Millionaire Genie" game on the Harrahscasino.com site on Nov. 6 when the genie on her computer screen broke open the chains on a treasure chest and a box popped up, announcing she had won a jackpot of more than $1.3 million.
The 31-year-old says she has been playing sporadically since February, usually about $20 or $30 at a time.
Reaction to Adam Silver Sports Betting Stance is Mixed
Gambling911.com has been bringing its readers extensive coverage of NBA Commissioner Adam Silver’s about-face on legalized sports betting. The reaction has been a mixed bag as one might expect.
Japan's Gambling Bill Stalls Following Political Unrest
The push to legalise casino gambling in Japan has stalled once again following a fresh batch of political scandals. Despite Prime Minister Shinzo Abe's desire to have the industry regulated before the end of 2014, it now seems that a new gaming bill won't be passed until the start of 2015 at the earliest.
New Daily Fantasy Sports Sites FantasyDraft.com, DraftHero Debut: Land T.Y. Hilton
Two new fantasy sports sites debuted in recent days: FantasyDraft.com and DraftHero.com.
Thieves Make Off With Thousands of Dollars in Casino Chips
UNCASVILLE, Connecticut —(Associated Press) Tribal police at the Mohegan Sun casino in Connecticut are searching for two men who made off with thousands of dollars worth of gambling chips.
Police say one of the suspects took the chips off a casino table Friday night and punched the victim, who tried to confront the thief.
Authorities say the robber then ran off and left the casino with another man, and both drove away in a maroon-colored vehicle.
Mavs Owner Mark Cuban Backs Adam Silver Position on Sports Betting
While the National Basketball Association Commissioner Adam Silver may have gone against the status quo by suggesting the time has come for legalized sports betting on NBA games, some of his colleagues – most notably the National Hockey League’s Gary Bettman – remain opposed to the idea.
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Taj Mahal to Close in December
(Associated Press) - THE OWNER of the struggling Trump Taj Mahal Casino Resort filed court papers yesterday saying it will close by next month, making it the fifth of the city's 12 casinos to shut down this year.
Trump Entertainment Resorts said in a Delaware bankruptcy court filing obtained by The Associated Press that its board has approved a shutdown of the casino by Dec. 12. It had threatened to close by then if its main union didn't drop its appeal of a court-ordered cost-savings package.
Sports Betting on Hockey: Gary Bettman Opposes It
The aptly named Gary Bettman opposes sports betting on Hockey and all other sports for that matter. The National Hockey League Commissioner sat down with CNN’s Rachel Nichols to discuss the National Basketball Association Commissioner, Adam Silver’s, newly found desires to have sports betting legalized.
Obermann Questions Silver Stance on Sports Betting Days After FanDuel Deal
Responding to NBA Commissioner Adam Silver’s new stance that sports betting should be legalized and regulated, ESPN2 sports commentator Keith Obermann suggested there is an underlying reason behind Silver's about-face.
Mississippi Bookies Flourish With Bulldogs, Rebels Riding High
It’s a good year to be a bookie in the Magnolia State of Mississippi. With two of the state’s top schools excelling in College Football, the demand for local bookies has never been greater.
Kent, a local bookie from Greenville, tells Gambling911.com his overall volume generated has more than tripled over last year.
“The folks here want to support their local College teams whether that’s Ole Miss or the Bulldogs,” Kent disclosed. “When their team is winning they feel more comfortable putting some money behind these schools.”
Appeals Court to Re-Hear Case of Ex-FBI Agent Turned Mobster
MIAMI (Associated Press) — A Florida appeals court in February will reconsider its decision to toss the murder conviction and prison sentence for a former FBI agent in a mob-style killing linked to jailed Boston mobster James “Whitey” Bulger.
The 3rd District Court of Appeal set oral arguments Feb. 12 in the case of ex-agent John Connolly. A three-judge panel of the court ruled in May that Connolly’s second-degree murder conviction was barred by the statute of limitations because a firearms enhancement was improperly applied.
NBA Commissioner Adam Silver: ‘The Laws on Sports Betting Should be Changed’
Writing an opt-in piece for the New York Times, NBA Commissioner Adam Silver says he wants sports betting legalized at the state level. This comes just one week before U.S. District Court Judge Michael Shipp will hear oral argument on whether to issue an injunction that continues to bar Monmouth Park from offering sports betting.
More Atlantic City Woes as Revenues Drop
ATLANTIC CITY, New Jersey — (Associated Press) - Atlantic City's casino revenue fell by 4.4 percent in October compared with a year ago.
The casinos took in $207 million, compared to $216 million in October 2013.
But when casinos that have recently shut down are excluded, the surviving casinos saw their revenue increase by more than 19 percent compared to last October, the figures Thursday showed.
China’s Ban on ‘Lewd TV Content’ to Include Gambling, Infidelity and Maybe Harry Potter
Scenes involving murder, one-night stands and extra-marital affairs must now be cut out of live streaming television programs shown in China, most of which originate from the West.
Many foreign TV shows, including American dramas and South Korean soaps, are streamed online in China, the BBC notes. Now the hosting sites are being told to, not only remove any scenes depicting infidelity or murder, but also those involving gambling activity.
Bwin.Party Shares Plunge Thursday in Late Day Trading
Bwin.Party witnessed more than a 12 percent decrease in its share price following a 10 percent rise Wednesday on news that it was in early takeover talks. The price rose slightly Thursday morning peaking at 121.82 before the late afternoon plunge just shy of 104.
The statement issued Wednesday to the London Stock Exchange entitled "media speculation" said:
Connecticut Could See Third Casino
UNCASVILLE, Conn. (Associated Press) — The tribal authority that runs the Mohegan Sun and rival Foxwoods Resort Casino could join forces to operate a third Connecticut casino near the Massachusetts state line to compete with new casinos opening in the Bay State, its chief executive said.
Mitchell Etess, chief executive officer of the Mohegan Tribal Gaming Authory, told The Day of New London it's "very easy" to see a solution drawn up by the Connecticut legislature.
Al Michaels Opens Up About Gambling References During Sportscasts
We all know how much the NFL hates gambling. Don’t tell that to one of America’s top sports broadcasters, Al Michaels.
The NBC sports commentator frequently incorporates gambling references when covering sporting events.
Atlantic City Showboat Casino Sold, Will be Turned Into College Campus
Atlantic City’s famed and now shuttered Showboat Casino has been sold to Stockton College, which plans to convert the property into a satellite campus.
Caesars Entertainment and the college announced the purchase plan on Wednesday. The sale price was not announced, nor was a target closing date released.
Bwin.Party Confirms Takeover Talks
(Reuters) - Online gambling company Bwin.Party said on Wednesday it was in early talks with a number of parties over a "variety of potential business combinations", which could result in an offer being made for the firm.
Shares in Bwin.party, which made the statement in response to recent media speculation, jumped almost 17 percent on the news to 126 pence.
The company has faced pressure from U.S. activist investor Jason Ader's Spring Owl vehicle to shake-up its board, improve its growth strategy and reduce infrastructure costs.
Caesars Shares Plunge on News of 3Q Losses
Caesars Entertainment Corp. on Monday reported a wider 3rd quarter loss than what had previously been expected. The Las Vegas-based company has not been profitable since 2009.
Caesars reported a loss of $908.1 million, or $6.29 per share, for the July-September period. It posted a loss of $761.4 million, or $6.03 per share, in the same months last year.
FBI Defends Ruse to Shut Off to Shut Off Internet in Gambling Case
WASHINGTON – (Associated Press) - An elaborate FBI ruse to shut off the Internet in three luxury Las Vegas suites and then send undercover agents into the rooms to fix the problem was a legitimate law enforcement practice, an assistant U.S. attorney wrote in a court filing defending the practice.
FSU Head Coach Jimbo Fisher Addresses Jameis Winston Point Shaving Allegations
For the first time since reports of a possible point shaving scheme involving FSU quarterback Jameis Winston surfaced Thursday, Seminoles head coach Jimbo Fisher responded to the allegations.
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