Gambling Companies
Gambling Companies, Gambling Stocks
Lock Poker Customers Exposed to Automatic Download of Different Client
Following the termination by "Lock" of its contract with the Revolution Network earlier today it has come to Lock’s attention that players who attempt to log onto the Lock software are being redirected by the network to a page that contains false and misleading information and, rather than being presented with the new Lock 2.0 software, customers are subjected to an automatic download of competing poker software.
Breaking News: Lock Poker Launches New Poker Platform, New Beginning
Lock is very excited to announce the launch of their own poker software platform. The new software features include HU Rematch, re-entry tournaments, timed tournaments, weighted contributed rake and a native Mac client.
Lock will continue to offer 36% rakeback through their rakeback partners as well as the current VIP program. All points, tournaments tickets and bonuses will be migrated to the customer’s new Lock account seamlessly. You can visit lockpoker.eu to download the new software.
Neuberger Berman Investor Denied Details of Probe re 888 Holdings
A three-judge panel found that Benjamin Gamoran, a Neuberger Berman investor, is not entitled to see the full details of a probe the asset manager's board of directors performed into the late 2005 acquisitions of 888 Holdings PLC and Neteller PLC, according to Law360.com.
Mickey Mouse, Disney Caught Up in Florida Casino Scandal
Mickey Mouse and the rest of the Disney gang were red-faced this weekend after the New York Times outed the family theme park company for its apparent role in Florida gambling.
The Times reported that a portion of the profits derived from licensing Spider-Man and Iron Man slot games went right back in the pockets of Disney World in Orlando, Florida. The Walt Disney Company acquired the Marvel brand comics and associated branded characters for $4 billion in 2009.
And here is where the situation gets especially convoluted.
Steve Wynn Intensifies Disenchantment Over Massachusetts Gambling Policy
BOSTON (Associated Press) — Steve Wynn, the Las Vegas casino operator hoping to build a $1.2 billion gambling resort near the banks of the Mystic River in Everett, is criticizing the tough state regulations facing firms like his bidding for the right to build gambling facilities in Massachusetts.
He said any other business offering to create hundreds of jobs and spend billions of dollars would get a much warmer reception from state officials.
Casino Billionaire, GOP Donor Sheldon Adelson Wants Nuke Attack on Iran
Aging Las Vegas casino billionaire and one of the biggest donors to the Republican party, Sheldon Adelson, wants to bomb Iran….with a nuclear weapon no less.
This comes at a time when Iran and the US have entered into one-on-one diplomatic talks for the first time in more than 30 years.
But don’t tell that to Adelson.
Payday Loans Scrutinized in US, UK: Fuel Footballers Gambling Addictions
Federal regulators need to stop banks and payment processors from helping internet and tribal payday lenders collect illegal payments, consumer and civil rights groups urged today. That was the plea issued by the nonprofits National Consumer Law Center, The Center for Responsible Lending and The Consumer Federation of America.
Wynn Not Happy With Massachusetts Casino Licensing Process Either
Steven Wynn, the billionaire founder of Wynn Resorts, expressed disappointment with Caesars Entertainment Corporation’s decision to pull out of a Boston, Massachusetts casino project.
Caesars cited an excruciating licensing process that included mulling over a now-settled dispute with a high-roller over millions in gambling debts and questions regarding the company’s current head of its interactive division who once worked for one of the world’s largest online poker firms.
Wynn himself is pursuing a casino in nearby Everett, Massachusetts.
Robert Gustafsson Gang Charged with Theft in Philippines: G911 World Exclusive
Gambling911.com has exclusively obtained the first of what is expected to be many Theft charges to be filed against former Bodog executive Robert Gustafsson, Sylvia Bernadette Gonzales de Guzman and Sherwin Quiambao by the Philippines Department of Justice Office of the City rosecutors in Makati City. YOU CAN VIEW THE COMPLAINT-AFFIDAVIT HERE OBTAINED EXCLUSIVELY BY GAMBLING911.COM
Massachusetts Regulators Release Details of Objections to Caesars: Garber Responds
Massachusetts regulators have released details on their background investigation that led the group proposing a casino at Suffolk Downs to end its partnership with Caesars Entertainment, according to an Associated Press piece.
From The AP:
Betfair Joins Forces With Trump Plaza to Offer Online Gambling in NJ
ATLANTIC CITY — (Associated Press) - Trump Plaza is partnering with British company Betfair to offer Internet gambling once it begins in New Jersey next month.
Betfair is one of Britain’s largest online betting companies, and it owns TVG, the platform provider for 4NJBets. That is the only horse racing account-wagering platform available to New Jersey residents.
Gibraltar to challenge UK gaming restrictions
Gambling firms in Gibraltar are fighting back against the UK Gambling Bill, which was announced in the Queens Speech back in May. The tax changes are due to pass into law in March of next year and propose that gambling firms should be taxed on a ‘place of consumption’; (PoC) basis rather than on their ‘place of supply’.
‘Suitability’ of Caesars CEO Questioned in Massachusetts With Federal Probe Ongoing
Updated October 24, 2013: Gambling regulators in Massachusetts questioning the suitability of Caesars CEO of Company Acquisition, Mitch Garber, did not contribute to that company’s decision to withdraw a gaming license application in the state.
Mr. Garber offered this clarification to Gambling911.com following a report featured on the site yesterday and in various other media outlets suggesting otherwise.
Bodog Embezzlement Case Heats Up: Charges to be Filed Shortly
As reported last week, a number of former high-ranking employees of Bodog Brand’s Asian arm have been implicated in an embezzlement scheme, according to company officials and confirmed by a Bodog representative. Gambling911.com can reveal that charges are about to be filed against at least one of the individuals, Robert Gustafsson.
Depositing on WSOP.com Hasn’t Been Easy Say Players
The second real money online poker site to begin accepting players from the US within the US hasn’t had the easiest time getting money in (or off the site) according to complaints that have cropped up on the TwoPlusTwo.com message boards.
The Art of Slot Machines
With approximately 197,144 slot machines in Las Vegas alone, it’s no wonder that artists have started to recognise these games as a digital platform for their work. One such artist is marine muralist Robert Wyland.
Tropicana Casino Approved for NJ Online Gambling License
ATLANTIC CITY, N.J. (Associated Press) - New Jersey casino regulators continued their march toward Internet gambling Monday, awarding the state's fifth online gambling permit to the Tropicana Casino and Resort.
The state is preparing for the launch of online gambling in New Jersey, which will begin Nov. 26 after a five-day invitation-only test period to make sure all the systems work properly.
The awarding of the permit came as detailed regulations for Internet gambling took effect Monday.
Indianapolis Airport Considering Wireless Gambling Technology
(Associated Press) - Phil Sicuso and Joe Champion say Indianapolis International Airport is well suited for wireless gambling technology that could bring in revenue to support more nonstop flights.
The pair work at Bingham Greenebaum Doll LLP and floated the idea in an article for their firm's newsletter, the Indianapolis Business Journal reported.
Week 8 College Football Upsets Great for the Bookies
Bookies celebrated a series of Week 8 College Football upsets that helped boost profits as the betting public tended to back the more high profile favorites.
Ole Miss pulled off one of the week’s biggest upsets, beating LSU outright as a +10 underdog. The Tigers now have two losses on the season. The Rebels record coming into Week 9 is 4-3 following their three point home victory.
Las Vegas Sands Earnings Beat 3rd Quarter Earnings
(Reuters) - Casino operator Las Vegas Sands Corp. , owned by billionaire Sheldon Adelson, on Thursday posted better-than-expected third-quarter earnings, boosted by positive trends at its Macau and Singapore operations.
The company, which operates the Venetian in Las Vegas, also said it increased its common dividend by 42.9 percent to $2 per share yearly, or 50 cents per quarter, for the 2014 calendar year.
Trump Casinos in Atlantic City Latest to be Granted Online Gambling Permits
(Associated Press) - The two Trump casinos in Atlantic City received their Internet gambling permits Thursday, as New Jersey regulators continued preparing for the launch of online gambling next month.
Trump Plaza and the Trump Taj Mahal got their Internet gambling permits and join the Borgata and the Golden Nugget among casinos approved to begin Internet gambling.
Online gambling will begin Nov. 26 in New Jersey after a five-day, invitation-only trial period.
New Jersey is the third state in the nation to offer online gambling, along with Nevada and Delaware.
888 Holdings Anticipates Dramatic Revenue Rise in 2014 With US Web Gambling
(Reuters) - London- listed 888 Holdings is expecting to start to see the benefits from next year as a number of U.S. states ease a ban on Internet gambling.
888, which runs online gambling and poker sites, is already operating in Nevada, with markets in Delaware and New Jersey expected to go live in the coming weeks.
"In 2014, we should start to see some meaningful revenues come through," Chief Executive Brian Mattingley said, talking about prospects in the American market.
CAMS Names Former Nevada Gaming Control Head Mark Lipparelli Advisor
Los Angeles – CAMS, LLC, the leader in providing online operators with payment connectivity and Know Your Customer (KYC) verification services, today announced that Mark Lipparelli has been engaged by the company as an advisor. The company will look to him for strategic guidance as they navigate the newly-regulated internet gambling industry.
Golden Nugget Obtains Second NJ Online Gambling Permit
The Golden Nugget is the second Atlantic City casino operator to be granted an Online gambling permit.
New Jersey anticipates launching its Web gambling industry on November 26 with real money play permitted by those physically located within the state’s borders.
Lisa Spengler, a spokeswoman for the New Jersey Division of Gaming Enforcement, said there is no competitive advantage to being issued a permit early as the launch date is the same for all casinos.
Last week the Borgata was the first casino property to receive a permit.
Betfair Launches LetsPlayNJ.com for Web Gambling but Can’t Play Yet in Garden State
While New Jersey prepares to begin allowing online gambling by the end of next month, European powerhouse Betfair has mostly been left out in the cold.
Caesars Stock Price Slides 12 Percent: No Right to Online Gambling IPO
Caesars Entertainment Corp. has sold 10.3 million shares of its common stock to a Swiss banking firm for $200 million, resulting in a sharp 12 percent decline in its share price Tuesday (October 15). This represents the biggest decline of the year so far.
The stock began trading without rights to participate in an IPO of the company’s online gambling unit. Anyone purchasing the stock as of the 15th would not enjoy rights to the new unit. Those already owning stocks in Caesars will be able to purchase Caesars Acquisition Co. stock.
Anticipated Positive Results With This Week’s Sands Earnings Report
Las Vegas Sands (LVS) is expected to report its Q3 2013 earnings this coming Thursday October 17 and results should be positive according to Zacks Investment Research’ Steve Reitmeister.
Return of Miss America Pageant to Atlantic City Doesn’t Boost Revenue: Costs $400k
Atlantic City, NJ – (Associated Press) - The return of the Miss America pageant to Atlantic City brought attention to the seaside gambling mecca and a boon to police and public works employees.
The Press of Atlantic City reports the pageant cost the city about $400,000 in overtime. The city’s business administrator tells the newspaper that some of the costs will be reimbursed, possibly by the state. But it isn’t known how much, or when.
Woman Stiffed Out of $1 Mil Casino Prize: Casino Joins Her Suit to Recover Winnings
A woman has filed suit claiming she was stiffed out of winnings from an Oregon Tribal casino promotion.
Beverly Mackey won the $1 million dollar grand prize in Tribal casino Chinook Winds’ Swipe, Play & Win promotion game. The former home health care provider, who recently had heart surgery, has been denied the winnings.
Vault of Satoshi Offering Trades Between Fiat Currency and Bitcoin
A new Canadian exchange promises cheaper rates at 0.5 percent or below and an advanced API.
The Toronto-based Vault of Satoshi will offer trades between fiat currency and either bitcoin or litecoin, two anonymous digital currencies.
