Ladbrokes Agrees to Debt Facility With Banks
LONDON, Dec 2 (Reuters) - Ladbrokes, Britain's second-biggest bookmaker, said it had agreed a new five-year, 540 million pounds ($847 million) debt facility with its banks.
Ladbrokes, which has 2,100 betting shops in the UK, on Friday said the new facility would mature in 2016 and replaces its existing 560 million pounds facility that was due to mature in 2013.
The company estimates that the new blended rate of interest for the group will be 7.5 percent in 2012.
Best Hotel Rates New Year’s 2012 in Las Vegas
Sure they may be an advertiser here at Gambling911.com, but South Point Hotel, Casino and Spa just happens to be offering the very best rates in Las Vegas for New Year’s 2012.
Huffington Post: Sports Betting Could Be the Answer for Ailing State Economies
While much of the talk these days is related to how legalizing online poker can help boost state economies as well as help the national deficit through massive gambling tax collections, the Huffington Post on Thursday published a great article about New Jersey’s efforts to legalize sports betting as a means of helping the Garden State recover from its own financial woes.
Facebook Real Money Online Gambling in the UK: Apps Coming Soon?
Facebook, the social networking behemoth, is considering real money online gambling in the United Kingdom?
Those are the latest rumors.
“We’re always in discussions with companies about lots of different ideas, but we don’t comment on future plans or speculation,” a Facebook spokesperson said in a statement issued to ZDNet.com late Wednesday.
Google, Facebook Ordered to Delist Over 700 Domain Names
In a move that has sent chills throughout many industries, including the online gambling sector, a federal judge out of Nevada has ordered the seizure of over 700 domain names related to counterfeit products in addition to demanding that Google, Facebook, Bing and Twitter delist the named websites.
“So are they (the US Government) going to seize eBay.com’s domain too since they sell ‘fake’ Chanel products,” asked one individual upon being informed of the seizures.
It could very well happen.
With South Africa Deeming Online Poker Illegal: PiggsPeak Casino and Poker Shut Down
Long established online casino and poker room PiggsPeak has shut down following a court ruling in South Africa that makes online gambling illegal.
The judge's decision states the gambling takes place where the play is, not where the gaming site's servers are physically located.
PiggsPeak and other online casino companies attempted to appeal a ruling by the North Gauteng High Court that declared Internet gambling illegal in the country.
Chicago to Las Vegas Cheap Air Fares (December 2011)
For those of you living in Chicago looking for cheap air fares to Las Vegas in December, Gambling911.com makes life easier. These fares are Wednesday thru Tuesday, round trip and through O’Hare International Airport, unless noted otherwise. These flghts were listed on November 26 and subject to change.
Las Vegas Airport: New Gateway to Asia
Las Vegas tourism officials are betting that a new air terminal will offer a new route for air passengers to connect between the US and Asia.
A new terminal will make its debut in June and connect international passengers through six gates. Customs will be able to process 2,200 passengers per hour,
"We see Las Vegas not just as an origin and destination point, but also as another hub for us," John Jackson III, vice president of passenger marketing and sales for Korean Air's Americas region, says to AP.
Belgium Online Gambling Blacklist Likely to Feature Bwin
Belgium has announced plans to incorporate a so-called “blacklist of online gambling websites”, a move that is seen as shocking in most industry circles.
Belgium’s biggest city of Brussels is considered the de facto capital of the European Union. The EU has worked hard to abolish individual nation prohibition of Internet gambling within its membership organization, even going as far as to condemn the United States for its position against Web gambling.
Ladbrokes, BetDSI.com Demonstrate Importance of Mobile Betting, Live Wagering
Ladbokes this week launched a live streaming of AtTheRaces live coverage of British and Irish horse races in an effort to expand on its vital mobile betting platform. iPhone users can currently access while the product will ultimately be available to Android and other mobile platforms.
Richard Ames, Ladbrokes managing director, products, commented: "Mobile betting is growing rapidly and Ladbrokes customers have a leading range of services. We continue to develop it and aim to make it the first choice for mobile betting and gaming customers."
Sky Bet, Other British Bookmakers Slaughtered After This Week’s Premier League Action
Sky Bet bookmakers were left reeling after a week where all of the Premier League favourites walked off victorious.
It was the “worst day in their sports betting history” according to a company statement.
Sky Bet paid out to thousands at 7/1 with Manchester City, Southampton, Charlton and Southend all winning.
Sky Bet's Head of Football Trading Sandro Di Michele said: "Pretty much everything that could of gone wrong for us today did, with the 'What If' market just one of our enhanced accumulators to have come in.
Isle of Man Seeks New Head of E-Gaming
Garth Kimber, who is currently contracted to the role of Head of E-Gaming, has decided to return to the private sector and as a result will be leaving his position in December. The process to recruit and appoint a replacement for Garth has already commenced.
The California Tribal Business Alliance Demands Regarding Online Poker Regulation
The California Tribal Business Alliance believes the following principles must be adhered to for any online gaming legislation at the state or federal level. The legislation must:
• Not compromise the inherent rights of tribal governments, modify the Indian Gaming Regulatory Act or undermine existing tribal-state gaming compacts.
• Allow tribes to accept wagers from persons not on Indian lands.
Prince Harry Does Las Vegas: $200 Lost During BJ
Prince Harry and friends spent this past weekend in Las Vegas gambling like rock stars….down and out rock stars maybe. A high roller he is NOT.
No Harry didn’t win a million dollars or lose a million dollars. Instead, he and his buddies total lost $500 ($200 of which was Harry’s). They were reportedly playing at the blackjack tables.
A source told People Magazine Harry “couldn’t believe you got free drinks from gambling at the blackjack tables.”
President Obama Pardons Man Who Ran Illegal Gambling Operation
US President Barack Obama on Monday announced the pardons of five individuals, including one who was convicted of running an illegal gambling operation.
Thomas Paul Ledford of Jonesborough, Tenn was sentenced in 1995 to one year of probation for conducting and directing an illegal gambling business.
Other pardons were as follows:
Cheap Air Fares to Las Vegas From… New York, Boston, Philadelphia, Washington DC – December 2011
Gambling911.com has your cheap air fares to Las Vegas from the New York City metropolitan area along with Philadelphia, Washington DC, Boston and Hartford. These fares are for the month of December 2011. Fares are based on Wednesday thru Tuesday travel (round trip). When in Las Vegas, $42 per night weekday rates and $72 per night weekend rates at the fabulous South Point Hotel Casino and Spa here.
New York City/Newark to Las Vegas –
Senate Reacts Following Spencer Bachus Insider Trading Allegations
Following a segment that aired on “60 Minutes” claiming Congressman Spencer Bachus (R-Ala.) engaged in insider trading during the height of the financial crisis, Senate Homeland Security and Governmental Affairs Chairman Joe Lieberman (I-Conn.) and panel ranking member Susan Collins (R-Maine) announced Wednesday they will hold a hearing on the issue, which has been stuck in Congress for more than five years.
From TheHill.com:
Delaware Could Offer Single-Game NFL Betting….If It Wanted To
Gambling911.com recently revealed how some gamblers in Delaware have found a loophole in the state law governing NFL wagering, which is legal at the state's three racetracks.
The law doesn't allow bets on single NFL games, just parlays of three NFL games or more.
Barney Frank Urges Spencer Bachus: Take Up Bill On Insider Trading (Video)
Massachusetts Democrat Congressman Barney Frank on Thursday sent a letter to Alabama Republican Congressman Spencer Bacchus urging him to take up a bill that would prohibit members of Congress and federal workers from trading on non-public information that they’ve obtained through their jobs.
A “60 Minutes” report suggested that Bachus engaged in “insider trading” during the height of the financial crisis.
Spencer Bachus: 60 Minutes Segment a Hit Job
Alabama Republican Congressman and strong advocate for online gambling prohibition, Spencer Bachus, denied he engaged in any form of “insider trading”. He called a “60 Minutes” segment that suggested otherwise “a hit job”.
The segment aired on Sunday. The reporting was based on a book by conservative author Peter Schweizer called “Throw Them All Out.” Rep. Spencer Bachus (R-AL), the chairman of the House Financial Services Committee, was alleged to have traded stocks after he was told by Treasury officials in September of 2008 of the impending financial meltdown.
Overnight and Weekend Binary Options Funded By Bitcoin Announced at Digibookie
Wholesale sports and financial bookmaker, Digibookie, announced today that it will be offering overnight binary options on all major financial stocks, commodities, and indices to accounts funded by the hot new digital currency, Bitcoin. Until now, Digibookie has catered exclusively to retail credit bookmakers and binary options brokers across the globe. The retail investors have embraced the binary options revolution in a big way.
Bachus Back Against The Wall: "I'm not Going to Let People Distort What I Do.”
While much of the attention on an “insider trading” scandal in the Congress has focused on Alabama Republican Spencer Bachus (perhaps rightfully so), this ardent supporter of online gambling prohibition wasn’t exactly alone in his craftiness.
Both Speaker John Boehner and former Speaker Nancy Pelosi also have egg on their respective faces right now following the airing of a “60 Minutes” piece this past Sunday.
Cheap Air Flights Canada to Las Vegas – December 2011 (Christmas and New Year’s Included)
Gambling911.com has your cheap air flights for Canada to Las Vegas and back for December 2011. These fares are based on Wednesday thru Tuesday travel and subject to change especially as dates near. These cheap air flights round trip between various cities in Canada and Las Vegas were effective as of November 15, 2011.
Calls for Spencer Bachus Resignation Following 60 Minutes Insider Trading Report (Video)
He is the most outspoken critic of legalized online gambling while remaining mostly silent on more serious issues like Wall Street insider trading. Now we might know why he has avoided delving into the later subject.
There is a public outcry for the resignation of Alabama Republican Congressman Spencer Bachus following a 60 Minutes report that aired this past Sunday linking him to the receipt of nonpublic information as a means of gaining an edge in the stock market (a la “insider trading”).
Gambling911.com’s Jenny Woo to Have a Girl: And Her Name Will be….
Senior International Correspondent for Gambling911.com, Jenny Woo, has revealed the outcome of her ultrasound. She’s having a baby girl!
Gambling911.com had presented readers with odds on various baby names and Ms. Woo has made her selection.
“She’ll be named Jenna after her Mommy,” Woo said.
“Jenna” is a variation of “Jenny” or “Jennifer”, which was among the favorites. Other favorites included Christopher/Christine, Doyle, James and Sparky.
Bettors Will Miss Joe Paterno, In Bowls he was $$$ in the Bank
Say what you want about disgraced fired former Penn State head coach Joe Paterno--gamblers loved him!
Especially when it came to bowl season.
JoePa and the Nittany Lions football team in a post-season game was the closest thing to money in the bank for many a sports bettor for many a year.
So successful in fact was Paterno in bowl games that there was a maxim in college football circles that went: "Give Joe Paterno two weeks to prepare and he can beat anyone."
Gambling911.com Publisher Chris Costigan Quoted in Daily Record re: NJ Sports Betting
The Lefty Rosenthal Watch is Being Auctioned Off
If they could auction off John Lennon’s rotten tooth, why not Lefty Rosenthal’s gold watch? The current bid on the watch was just over $4000 with the starting bid actually set at $1.
Betfair Poaches Paddy Power Second-in-Command
The world’s largest betting exchange announced Thursday it has hired away Breon Corcoran from rival Paddy Power to become its new CEO. Corcoran replaces David Yu.
The Financial Times of London reported that Corcoran’s Paddy Power contract was understood to have had a six-month notice period, with a non-compete clause for two-and-a-half months. As such, Corcoran is said to be on “gardening leave” until August.
What if the NFL, DOJ Back Down Concerning New Jersey Sports Betting
As Gambling911.com was among the first to report, on Tuesday voters in New Jersey overwhelmingly voted for a referendum favoring sports betting in the state by a margin of 65 percent to 35 percent.
If you were thinking about betting on some College Football games this weekend in Atlantic City, that won’t happen.
