Gambling News
California Pushes Forward With Internet Poker Bill
The state of California, which is the 8th largest economy in the world, will decide if Internet poker for real money play is to be legalized very shortly following the introduction of SB1463.
The bill was introduced by State Senator Roderick Wright this past week.
Phil Ivey ‘Bubble Boy’ at 2012 LA Poker Classic
With the 2012 LA Poker Classic field dwindling down to 54, Phil Ivey found himself exiting as the “Bubble Boy”, failing to make the cash cut.
In total, 549 players entered the tournament in hopes of winning the $1,370,240 first place prize.
Other notables knocked out Sunday included the likes of Phil Hellmuth, Vanessa Rousso, Erick Lindgren, Jennifer Harman, Barry Greenstein and Liv Boeree.
Cake Poker Announces $100,000 Points Race
This March popular online poker site, Cake Poker is rewarding players with a $100,000 Points Race while providing depositors with a 100% Reload Bonus.
US Government Responds to Hellinger Case Motion to Continue
The US District Court for the Eastern District of Pennsylvania on Friday responded to defendant Jami Pearlman’s Motion to Continue and Sever the March 12, 2012 trial whereby he and five other individuals are charged with illegally processing payments for various online gambling companies during a period from January 2005 to February 2006.
Mickey Petersen Wins EPT Copenhagen 2012
PokerStars Team Online’s Mickey Petersen has won EPT Copenhagen for 2,515,000 Danish Kroner (approx. €340,000) after a six-hour heads-up battle against Belgian Team PokerStars Pro Pierre Neuville, his elder by some 47 years.
The young Dane’s victory at Casino Copenhagen – his first major live result - also earned him a stunning bracelet worth more than €10,000 from the Official EPT Season 8 Bracelet Sponsor Shamballa Jewels.
Phil Ivey Returns to US Play With LA Poker Classic: Finishes Day Strong
With the prize pool set at the 2012 LA Poker Classic, Phil Ivey made his debut after more than a year’s absence playing in US tournaments. Ivey has suffered through a tumultuous divorce both from his wife and former employer, the now defunct Full Tilt Poker.
Oscar Odds 2012: Best Original Score
Oscar odds for 2012 Best Original Score had Ludovic Bource as the -1000 favorite for “The Artist”. Betting on more competitively priced Oscar categories can be found at WagerWeb.com here.
Oscar Odds for the Best Picture 2012: The Artist a Near Lock
The Oscar odds for Best Picture 2012 looked at first to be competitive but “The Artist” is now running away with all the betting action and comes in as the steep -1500 favorite, essentially making it a ‘lock’. Oscar gamblers need not despair as categories such as Best Actor and Best Actress feature competitive pricing/payout odds (with nominal risk). WagerWeb.com was offering odds on all 2012 Oscar categories here.
Vanessa Selbst Wins 2012 LAPC $5000 Tournament
One of the premier female poker pros, Vanessa Selbst, has won the 2012 LAPC $5000 Tournament, beating out 97 other players.
The win netted Selbst $140,295. To date, her live tournament winnings exceed $4.7 million. She has had 34 cashes and 7 first place finishes including last April’s $450,000 payday at the PokerStars NAPT Mohegan Sun Season 2 Main Event.
Las Vegas Odds on the Oscars: Betting is Still Only Allowed Online
While online gambling sites like WagerWeb.com will be offering betting on just about every 2012 Oscars category, you won’t find odds in Las Vegas.
Another Bitter Divorce for Steve Wynn: Okada Ousted
(Associated Press) - Billionaire Steve Wynn stepped up the feud with his former business partner Kazuo Okada on Friday by removing the Japanese tycoon from the board of his Macau casino company.
Wynn Macau's board voted to remove Okada following allegations he made improper payments to Asian gambling regulators, a violation of U.S. anti-corruption laws.
Wynn Macau said its board "resolved" to remove Okada as a non-executive director immediately because it was in the "best interests" of the company.
William Hill Eyes US Entry
William Hill on Friday announced its expansion plans, and they include the lucrative US market.
"Nevada is a land-based opportunity and we will see what happens in the US thereafter. But we first of all have to get these licenses and we expect that to happen some time this year," Hill CEO Ralph Topping said.
Bally Technologies to Enter US Online Poker Industry: Acquires Chili Poker Platform
Bally Technologies announced Thursday it had acquired the popular Chili Poker software platform, giving it a major edge as online poker becomes legalized in the US during the next couple of months.
The transaction, however, does not mean Bally wants to launch it own Internet gaming website, according to the Las Vegas Review Journal.
US-Facing Online Poker Room Enjoys Accolades for ‘Fastest Payouts’: Sees Massive Growth
You’ve come a long way Baby! Americas Cardroom back in its heyday was considered the red-headed step child in a field of far more advanced online poker rooms like PokerStars and PartyPoker. Today, not only has the software vastly improved, so too have the promotions, the customer service and the all-important payouts. In fact, Americas Cardroom is being praised as offering the “fastest payouts” of any US-facing online poker room today.
i-Gaming North America 2012 Conference to Take Place March 4-6
Everybody with even the slightest interest in the potential for legalized Internet gambling in North America will be in attendance at the first ever i-Gaming North America 2012 Conference, being held at Planet Hollywood in Las Vegas March 4 thru 6.
i-Gaming North America describes itself as the first networking and educational event designed to introduce the land-based gaming businesses of North America to the global iGaming industry.
Speakers include:
Alexandra Berzon, Reporter, Wall Street Journal
Mississippi House Bill 1373 Looks to Legalize Internet Gambling, Poker
Mississippi has become the latest state to introduce a measure that would legalize online gambling including poker within its borders.
Mississippi House Bill 1373, also called the Mississippi Lawful Internet Gaming Act of 2012, was filed by Rep. Bobby Moak.
Any company looking to obtain a license must apply with the Mississippi Gaming Commission. Application fees are a minimum of $200,000.
The measure is packed full of provisions that include allowing of deposits by either cash, check, money order or credit cards.
Internet Poker Measure Sails Through Iowa Senate Committee
A measure to bring real money Internet poker to the state of Iowa has sailed through the state’s Senate Committee with a vote of 11-4 approval.
The state Racing and Gaming Commission would be able to establish a structure whereby competing hub operators would partner with state-licensed casinos to provide access to online sites for registered players ages 21 and older who were located within Iowa’s borders at the time they engaged in the Internet-based activity, according to KCRG9, the ABC affiliate in Cedar Rapids.
BetDSI.com Casino Player Hits $23,000 on Progressive Caribbean Stud Poker Jackpot
A player, who is being identified as Carter M. in order to protect him from family members and friends looking to borrow money, managed to hit $23,000 yesterday on BetDSI.com’s Progressive Caribbean Stud Poker Jackpot.
He only played $4 total on 7 hands before cashing in for the $23,000.
Massachusetts Mulls Online Poker: Forms Task Force (Video)
Massachusetts is the latest state to consider legalizing online poker for real money.
“I think we’ve got an obligation to the people of the commonwealth to study the whole basket of (Internet gaming options) — including online poker,” state Treasurer Steven Grossman, who oversees the Lottery, said yesterday in a meeting with Herald reporters and editors.
Who’s Number One Among Poker Pros On Twitter? It’s Not Who You Think
Professional poker players have embraced Twitter as much as anyone else--hundreds of poker pros Tweet daily about the highs and lows of their professional and personal lives.
Many love to boast about the big hands they've won at the poker table, while other lament their bad beats.
Doyle "Texas Dolly" Brunson likes to Tweet jokes, such as ones about Joan Rivers' face.
Phil "Poker Brat" Hellmuth Jr. uses Twitter to drop the names of famous people he knows (a Tweet today informs us he'll be golfing with Wayne Gretzky tomorrow).
Oscar Odds 2012: Best Animated Feature Film
Oscar odds 2012 included the Best Animated Feature Film with “Rango” the big -1200 favorite. You can find more competitively priced Academy Awards categories at WagerWeb.com here, which was taking bets on all the Oscar categories.
Tribal Gaming Network Begins Offering Legalized Real Money Internet Poker in US
Nevada-based Atlantis Internet Group Corp. announced Wednesday it has launched the first form of legal Intranet gaming within the United States. Intranet means “local or restricted communications network”.
Steve Wynn Wins $7.5 Million Defamation Suit Against Joe Francis
It’s been an ugly back and forth battle but casino magnate Steve Wynn has come out on top in a very big way, winning his $7.5 million defamation lawsuit against “Girls Gone Wild” founder Joe Francis.
The suit was filed following Francis’ proclamation that Wynn “deceived his high-end customers”.
MGM CEO: “Very Confident” Online Gambling Laws Would Pass on the Federal Level
Appearing on CNBC Wednesday evening, MGM CEO Jim Murren said he was “very confident” online gambling laws would pass on the federal level soon.
Murren added that, if such legislation fails to pass on the federal level, we will likely see the industry develop on a state-by-state basis.
MGM has teamed up with the largest real money online gambling company, bwin.party. Murren admitted that bwin.party might have to enter the US market at the state level first.
Wall Street Hedge Fund Manager Bets Against Online Poker Legislation in 2012
Managing member at KIF Capital Management, Ken Frankel, laughed off the idea that so many in the Internet poker community believed Senate Majority Leader Harry Reid would come through as a white knight last week.
From Business Insider:
2012 Oscar Odds: Best Picture
The latest 2012 Oscar odds for Best Picture had “The Artist” as a ‘lock’ that requires a pretty steep risk versus reward. There are quite a few more competitive categories that can be found at WagerWeb.com here.
EPT Copenhagen 2012 End of Day 1B Update
The EPT Copenhagen 2012 leaderboard after Day 1B had Mads Wissing on top with 127,575 chips.
To date the Dane has $599,082 in live tournament winnings, including his 9th place finish at the Partouche Poker Tour Main Event – No Limit Hold’em that yielded $143,541.
Steve O’Dwyer and Lauri Varonen lead the way when combining both starting days of the European Poker Tour Copenhagen event.
Online Gambling Affiliate Leader Honored by Obama
Warren Jolly, Head of Affiliate Media, was one of several honored by US President Barack Obama on Monday for his achievements as a young entrepreneur. Jolly was one of the pioneers in the online gambling affiliate realm.
2012 Academy Awards Odds: Look to the More Obscure for Value
When it comes to the 2012 Academy Awards betting odds, WagerWeb.com has one of the most complete wagering menus available. Here, Gambling911.com takes a look at some of the more obscure odds including “Best Makeup” and “Best Sound Effects”. You’ll notice quite a few of these categories feature competitive pricing.
Japanese Gambling Tycoon Bribed Filipinos: US Suit
(AFP) - WASHINGTON — Japanese gambling tycoon Kazuo Okada was accused Tuesday in a US lawsuit of paying off Philippine regulators and cheating his powerful Las Vegas partner.
Wynn Resorts said Okada, Japan's pachinko king and a director of Wynn, went behind the company's back to develop business for his own Universal Entertainment group in the Philippines and broke US laws on foreign bribery, the lawsuit alleges.
