Gambling
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Tulsa Fires Athletic Director Over Gambling Probe
TULSA, Okla.— (Associated Press) - Tulsa athletic director Ross Parmley was fired Tuesday, a week after he was named in a federal investigation of a man accused of running a gambling operation in Oklahoma City.
Tulsa President Steadman Upham released a letter to students and faculty of the private university Tuesday night, saying Parmley "admitted he had not been truthful" about his role in the mess when he told him in October 2011 that he was cooperating in an FBI investigation.
UK Putting Restraints on Internet Gambling Firms
The United Kingdom, long a hotbed for Internet gambling firms, has drafted a gambling bill that would tighten current regulation.
The bill would require overseas operators to inform the Government about suspicious betting patterns.
A 2005 bill enabled companies operating in Gibraltar and the Isle of Man to obtain a gambling license from the UK as well as advertise there.
Wynn, Sands Fears as China Begins Crackdown on Macau
Wynn Resorts and Las Vegas Sands witnessed a decline in early trading Tuesday as China continues its crackdown on the gambling Mecca of Macau.
In recent months, Chinese authorities have conducted a series of raids aimed at curbing money laundering in the former Portuguese colony.
From Rueters:
Sportsbook Live Traders Needed for Immediate Hire
An online sportsbook with explosive growth is looking to hire between 7-10 more live remote traders immediately.
These positions are ideal for individual with linesmaking experience.
Here is the ad:
Top US-facing Sportsbook looking to hire 5+ Live Sports Traders immediately. Traders can work from offices in Costa Rica, offices in Panama, their own private home, or their own personal office. Flexible schedules available. If interested, please email your resume to livetraderjob@gmail.com today!
Top Bet Checks Bouncing Following Loss of Payment Processor
Concerned sports bettors have taken to the message boards complaining of checks issued by online sportsbook Top Bet bouncing (insufficient funds).
The culprit is a loss of their payment processor, which has also prevented most new depositors from coming on board as well.
Zynga Restructures Agreement With Facebook: Closer to Offering Real Money Poker
The largest social-gaming company, Zynga, depends on the largest social network and vice versa, Facebook, writes Dean Takahashi of Venturebeat. But both appear to be going their separate ways as the two companies have restructured their contracts whereby Zynga can now begin offering its social gaming platforms to other companies. Zynga, as such, is one step closer to offering “real money” online gambling including poker.
Full Tilt Poker Executive Director Accused in Ponzi Scheme Settles With DOJ
Rafe Furst, one of three individuals accused of orchestrating an elaborate ponzi scheme while on the Board of Directors of Full Tilt Poker, has settled with US law enforcement and will now surrender his Swiss bank account and pay a $150,000 fine.
In return the US Government has dropped the civil money laundering penalty of $11,706,323.96. A portion of those funds are contained within the Swiss bank account.
‘Killing Them Softly’ Gambling Flick With Brad Pitt Opens Friday
The long awaited mob gambling flick “Killing Them Softly” finally opens in theatres Friday.
It’s a film about American crime directed by Andrew Dominik based on the 1974 novel Cogan's Trade by George V. Higgins and stars Pitt along with Ray Liotta and James Gandolfini.
“Killing Them Softly” is about a professional enforcer named Jackie Cogan, who investigates a heist that transpired during a mob-protected poker game.
Jury Deliberating in Case of Hitman Who Killed Man in Karaoke Bar Over Gambling Debt
LAS VEGAS (Associated Press) -- A Nevada jury is deliberating whether an accused 25-year-old hit man for a Chinese gang should get the death penalty for brutally stabbing a man to death in a crowded Las Vegas karaoke bar over a $10,000 gambling debt.
Omni Casino Celebrates 15 Years Online: One of the Industry’s First
Omni Casino was established in November 1997 as one of the first online casinos and is the flagship brand of Peak Interactive. Since the beginning, Omni Casino has focused on providing their members a pure casino entertainment experience as the #1 most trusted and secure casino.
Masters in Online Gambling: Isle of Man to Begin Offering Accredited Qualifications
THE Department of Economic Development, in conjunction with the Isle of Man College of Further and Higher Education, has announced that an accredited qualification in e-Gaming will be launched in January 2013. It is to be delivered through a work based higher education framework (WBIS) validated through the University of Chester.
7 State Lottery Chiefs to Protest Reid-Kyl Internet Poker Bill in DC Next Week
Lottery chiefs from seven states will travel to Washington next week where they will protest a draft bill to legalize Internet poker bill co-authored by Senate Majority Leader Harry Reid (D-Nevada) and Senator Jon Kyl (R-Arizona).
Winning Powerball Tickets Bought in Arizona and Missouri
We have a winner…or two!!! And it’s not Jenny Woo out of Pensacola, Florida. Sorry Jenny!!!!
The winning Powerball tickets were bought in both the states of Arizona and Missouri, it was revealed early Thursday morning. Unfortunately, we happen to reside in the state of Florida and, as such, are losers.
The record $579.9 million jackpot was won with these numbers: 5-16-22-23-29 and 6 for the Powerball.
Steve Wynn Wants Casino in Everett, Massachusetts
Casino mogul Steve Wynn toured a proposed new locale for a casino in Everett, Massachusetts, referring to the region as a “natural for a casino”. He should know.
“It seems like a natural place for another great hotel,” said Wynn, whose properties include the Wynn Resort, Bellagio and Mirage in Las Vegas. “We may be a very positive addition to Everett. But we’re very early in this process.”
BlackChip Poker Leaving Merge Gaming Network
As has been rumored in recent weeks, BlackChip Poker, one of the premier Merge Gaming Network brands, will be finding a new home. That announcement is expected in the coming days.
BlackChip Poker confirmed Wednesday it will not be allowing customers to take part in the hugely popular Poker Maximus III that kicks off November 29.
Tulsa Notifies NCAA Regarding Gambling Athletics Director: Probe Launched
As reported earlier in the day Wednesday by Gambling911.com, University of Tulsa Director of Athletics Ross Parmley has been suspended after being linked to a local bookmaker charged with running an illegal gambling operation.
It has since been revealed that the school notified the NCAA, which is expected to begin launching its own probe into the matter.
Trophy Vegas Social Gaming Site Takes Plunge Into Real Money Casino Space
Trophy Vegas, in conjunction with its Facebook application Trophy Slots, is the latest social gaming site to begin offering real money casino play.
Trophy Slots was launched earlier this year as a social slots game, featuring 10 popular slots titles. To date, the Trophy Slots Facebook page had 37,803 likes.
Motley Fool: Online Poker Could Help Prevent Fiscal Cliff
Travis Hoium of the Motley Fool suggested in a piece penned Wednesday November 28 that online poker could help towards preventing the so-called “fiscal cliff”.
Powerball Jackpot Now Up to Record $500 Million
Wednesday night’s Powerball jackpot drawing could result in a record $500 million win….assuming someone has the winning ticket (tickets).
Saturday’s drawing for $325 million did not result in any winning tickets.
For the 15th consecutive time, no players matched the winning numbers, which were 22, 32, 37, 44, 50 and Powerball 34.
With the added publicity, more people are now purchasing the Powerball tickets, resulting in an increased cash prize.
A single winner in Wednesday's drawing who took a lump sum payment would receive $360 million before taxes.
Former Mob Boss Joseph ‘Big Joey’ Massino Admits He is a ‘Rat’
Testifying against Genovese capo Anthony “Rom” Romanello in a Brooklyn federal court on Monday, one time Mafia boss Joseph “Big Josey” Massino admitted he’s a “rat” and took credit for being the first don to violate the mob’s blood oath of omerta.
Federal Government Sets Deadlines in New Jersey Sports Betting Case
The US Federal Government on Tuesday issued a January 20 deadline for the US Attorney General’s office to intervene in New Jersey’s landmark sports betting legal battle against the major sports leagues and NCAA.
John Brennan of NorthJersey.com first reported Tuesday evening:
Free-to-Play Casino Playsino Surpasses 1 Million Install Mark
Social casino website, Playsino.com, has reached the 1 million install mark this week.
"The overwhelmingly popular response to our social and mobile casino apps is further evidence of the strong growth potential in the social casino gaming sphere," said Brock Pierce, Playsino's CEO. "This space is only going to get hotter and provide better entertainment for users and higher revenues for developers."
Millions Chase Record $425 Million Powerball Jackpot
CHICAGO (Associated Press) — Eight months after a trio of ticket buyers split a $656 million Mega Millions jackpot to set a world lottery record, Powerball is offering up a prize that would be the second highest.
The $425 million jackpot, the largest in Powerball's history, represents a potential life-changing fortune. But before shelling out $2 for a ticket, here are some things to consider:
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A GOOD BET: SOMEONE WILL WIN
It's the gambler's mantra: Somebody's gotta win, so why not me?
The first part is true; somebody will win the Powerball jackpot.
CFTC Press Release Regarding Intrade Complaint
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today filed a civil complaint in federal district court in Washington, DC, charging Intrade The Prediction Market Limited (Intrade) and Trade Exchange Network Limited (TEN), Irish companies based in Dublin, Ireland, with offering commodity option contracts to U.S. customers for trading, as well as soliciting, accepting, and confirming the execution of orders from U.S.
Befair Leaving Greek Market Following New Gambling Regs
LONDON (Reuters) - Online gambling exchange Betfair said it would withdraw from the Greek market until there was greater clarity on gaming regulation in the country.
Betfair, which has not yet applied for a permit to operate in Greece, questioned the cost and conditions attached to permits required by gaming firms to trade in the country.
"According to legal advice received, the value of these permits is unclear and we consider the gambling legislation in the country to be inconsistent with European law," Betfair said on Monday.
Jenny Woo Talks Nomophobia
Jenny Woo here! Yes, that’s right I’m back from my long drawn out maternity leave and can’t be happier to come back with a great interview I had with Addiction and Recovery expert, Dr. Elizabeth Waterman, Psy.D, from Morningside Recovery Center in California.
Reid Kyl Internet Gambling Bill ‘Not Acceptable’ to Tribes in its Current Form
For years, attempts to pass legislation banning Internet gambling at the federal level were stymied by “carve outs” for various other forms of gaming (i.e. the horse racing sector). For nearly a decade, lobbyists representing the Tribes had been successful in preventing such measures from being signed into law. Their interests were typically in stark contrast to that of other groups like the horse racing industry.
Canada May Pass Single Sports Betting Bill This Week: Leagues Not Happy
Canada is looking to pass a bill that would allow for betting on single sports events this week. But it now appears a significant obstacle is standing in the way.
While the House of Commons approved the bill unanimously, the professional sports industry is pressuring the Senate to defeat the measure.
Powerball Jackpot Reaches $425 Million With No Winner Saturday
DES MOINES, Iowa (Associated Press) — Lottery officials say nobody has won the Powerball jackpot and the top prize will now increase to about $425 million for the next drawing, the largest jackpot ever for the game.
Iowa Lottery spokeswoman Mary Neubauer said sales were strong over the holiday week for Saturday's drawing, which was estimated at $325 million before the numbers were picked. That was the fourth-largest jackpot in the game's history.
