Gambling News
Ladbrokes Cuts Head of Products Trading Richard Ames as Company Struggles
The United Kingdom’s second largest bookmaker, Ladbrokes, has released Richard Ames, Head of Products Trading, in what appears to be a major transitional period for the company. Ladbrokes said he will remain on the board for now but that he "has ceased to perform his executive duties with immediate effect."
Chili Poker CEO Big News Coming This Week: Zynga Puts Blame on Facebook for Losses
Looks like Chili Poker's CEO is about to make an exciting announcement this week. It's not about Chili Poker, per sey, Alexandre Dreyfus tells Gambling911.com, but rather a new venture he is involved with. Dreyfus sold the Chili Poker database to Poker770 back in March and the technology to Bally Technology in April.
Alexandre Dreyfus @alex_dreyfus
ready for a new venture related to #Poker - more news soon.
Frustrated US Online-Poker Players Bet on Costa Rica
By TIM JOHNSON
McClatchy Newspapers
JACO BEACH, Costa Rica -- From his oceanfront balcony, Tyler Forrester glanced out at the Pacific surf on the beach. Palm trees rustled in the breeze.
"Tough life I'm living," Forrester said, cackling at his own humor.
Irish Sailor Peter O'Leary Subject of Gambling Probe
(Reuters) - Peter O'Leary, his face largely obsured by a black-hooded top and dark glasses was whisked past waiting reporters in the mixed zone at the Olympic sailing venue at Portland, close to the English seaside town of Weymouth.
The sailor, still wearing his wetsuit, made no comment when asked about the betting probe, after making a strong start in racing in the heavyweight Star class.
However, James O'Callaghan the Irish sailing team's performance director told reporters shortly afterwards: "The issue is sub-judice so we have no comment to make."
Estrellas Poker Tour San Sebastian 2012 Final Table Determined
The Final Table for the Estrellas Poker Tour San Sebastian 2012 has been determined with all but one player coming to us from Spain.
Lucian Tofan, a 22-year-old PokerStars.com online qualifier will be representing his native Romania.
Today’s eight finalists – all eying up a first prize of € 65.800 - are as follows:
Borja Gonzalez Urteaga, 24, Bergada, Donosti, Spain, 1,310,000 chips
Emilio Jose Beldarrain Oleaga, 25, Bilbao, Spain, 788,000 chips
Romney Obama Neck and Neck in Nevada: President Still Favored at 1-2 Odds
LAS VEGAS – (Associated Press) - They're called "the cooler crowd," and Las Vegas is greeting them with ambivalence: A stream of post-recession tourists ready for fun but watching their wallets.
[Obama was coming in at 1-2 odds to take Nevada while Romney was at 8/5 odds at Sportsbook here]
Eolis: Full Tilt Poker Software to Re-launch in November
As reportedly Friday, Gambling911.com has independently confirmed that PokerStars will be given the green light to move ahead and purchase shuttered Full Tilt Poker following a settlement arrangement made with the US Attorney in the Southern District of New York. This deal also includes the payment of Full Tilt Poker players who have been owed monies for more than a year now.
I Say ‘Punta!’ You Say ‘Cana!’ –Punta Cana Poker Classic Just Around the Corner
This Poker Festival has been designed to make sure everyone plays poker yet still has time to enjoy a holiday.
Breaking News: Full Tilt Poker Players to be Paid in Full, US Attorney Grants Deal
Gambling911.com has confirmed that a deal for PokerStars to acquire Full Tilt Poker has been given approval by the US Attorney’s in the Southern District of New York. An announcement was forthcoming perhaps as early as next week from the US Attorney’s Office and US Attorney Preet Bharara, who has made it a top priority to ensure that affected customers of Full Tilt Poker be made whole.
Preet Bharara Receives ‘Person of Year’ Award Ahead of Positive Full Tilt Poker News (Video)
US Attorney for NY Southern District Preet Bharara recently received the India Abroad Person of the Year Award.
India Abroard is a New York City-based newspaper founded by Gopal Raja in 1970 and is the oldest magazine in the United States focusing on Indian-American affairs.
Since 2002, the publication has been honoring Indian-American achievers at the annual India Abroad Person of the Year award ceremony. Past winners include PepsiCo CEO Indra Nooyi and Nobel Prize winner Venkatraman Ramakrishnan.
Maryland Governor O'Malley Calls for Special Session in August re Gambling Expansion
By BRIAN WITTE
Associated Press
ANNAPOLIS, Md. - Gov. Martin O'Malley has called for a special session to expand gambling in Maryland to begin in about two weeks.
O'Malley said at a news conference Friday in Annapolis with House Speaker Michael Busch and Senate President Thomas V. Mike Miller that the session will begin on Aug 9. O'Malley says expanded gambling will create more revenue and jobs for the state.
Paddy Power ‘London Olympic-like’ Ad Can Stay: Locog Furious!
Online gambling houses are not permitted to advertise or associate themselves in any way with the London Olympics, but that didn’t stop the creative folks over at Paddy Power, the UK’s third largest bookmaker, from trying.
The advert, featured prominently at London, England train stations, proclaimed that Paddy Power was “The Official Sponsor of The Largest Athletics Event in London This Year”
Genting Singapore Shares Fall to 2-Year Low
(Reuters) - Shares of Genting Singapore GENS.SI fell as much as 2.3 percent to its lowest in nearly two years, after rival Las Vegas Sands' LVS.N second-quarter earnings miss raised concerns over the Singapore casino operator's results.
By 0222 GMT, Genting shares were 1.6 percent lower at S$1.26, with 30.2 million shares changing hands, compared to its full-day average volume of 35.2 million shares over the last five sessions.
Beth Shak Goes on ‘The View’ and Full Tilt Poker Questions Are Out of Bounds
America had a chance this week at hearing some insight into the Full Tilt Poker fiasco from an insider, but the clueless women of "The View" TV show dropped the ball and instead focused exclusively on footwear.
Defendant in ‘Black Friday’ Online Poker Case Gets 3 Years Prison Sentence
A defendant involved in processing millions of dollars in payments for three online poker rooms in the US has been sentenced to three years prison.
Ira Rubin pleaded guilty in January to money laundering, bank fraud and other gambling offenses. He faced up to 55 years in prison, however, prosecutors recommended 18 to 24 months.
Rubin was indicted along with 10 others in April 2011. Four of those named in the indictment still remain at large.
Tribes Want Federal Government to Stop States From Legalizing Online Gambling
WASHINGTON — (Associated Press) - With some states readying to start online gambling, Native American tribal leaders are calling on the federal government to step in as it did with brick-and-mortar gambling and establish regulations that ensure tribes get a piece of the action without having their revenue taxed and their sovereignty compromised.
Friday Decision Likely on Maryland Special Session to Talk Gambling Expansion
ANNAPOLIS — (Associated Press) - A spokeswoman for Gov. Martin O’Malley says a formal announcement on whether a special session will be held in Maryland to expand gambling is likely to be made on Friday.
Raquel Guillory declined to say definitively on Thursday whether a special session will be held next month. She says details are still being worked out.
On Wednesday, House Speaker Michael Busch met with House Democratic leaders to tell them to be prepared for a special session because he believes the governor will call one.
Eight Analysts Cut Price Target on Zynga as Texas Hold’em Poker Maker Sees Sharp Decline
Zynga witnessed a 42 percent drop in its share price following less-than-rosy news about the company’s future. This has prompted eight different analysts to cut their target price on the maker of popular games such as “Farmville” and “Texas Hold’em Poker”. Of the 24 who follow the company, only give have a ‘buy’ rating on the stock with an average price target set at US$5.
First Online Poker Sites Expected to be Operating in Nevada Within 90 Days
Nevada Gaming Control Board Chairman Mark Lipparelli told the Las Vegas Review Journal Thursday (July 26, 2012) that the first licensed online poker rooms could be operating within that state in 60 to 90 days.
Record Number of PokerStars Qualifiers Set for European Poker Tour Season 9 in Barcelona
LONDON, UK – July 26, 2012 – PokerStars, the world’s largest poker site, today said a record number of players will qualify online for seats to the European Poker Tour Main Event in Barcelona next month. An expected 300 players will win their seats online, nearly 130 more than last year.
Players can learn more about how to qualify and to register for tournaments here: http://psta.rs/EPT.
Chris Christie Continues to be Adamant: Casino Gambling in Atlantic City Only
Lawmakers in New Jersey want casino gambling a little closer to home for the millions of people who populate the northern portion of that state. Governor Chris Christie continues to lay down the law, insisting only Atlantic City will play host to casinos there.
Christie’s plan includes a $20 million “Do AC” marketing campaign, tax breaks for developers and state oversight of policing and cleanup, Terrence Dopp of Bloomberg News writes.
Las Vegas Sands Sees Huge 35 Percent 3rd Quarter Plunge
LAS VEGAS — (Associated Press) - Las Vegas Sands Corp. said Wednesday that second-quarter profit tumbled by 35 percent as the casino operator’s table winnings fell at home and in Asia.
Chairman and CEO Sheldon Adelson said the results didn’t meet his expectations. They didn’t meet Wall Street’s, either.
Shares of Las Vegas Sands fell 88 cents, or 2.3 percent, to end regular trading at $37.51. After more than an hour of extended trading after the results came out, the shares had lost another $2.47, or 6.6 percent, to $35.04.
Zynga CEO Confirms Real Money Online Poker in 2013 During Conference Call
Following a late afternoon collapse of Zynga’s share price Wednesday, CEO Mark Pincus confirmed reports featured on Gambling911.com earlier in the week that the company will be offering “real money” online poker in the first half of 2013.
Gay Poker Players Head Into The Closet With New Shirt Line
High profile gay poker players the likes of Jason Somerville and Vanessa Selbst have increased interest in the game within the LGBT community.
And now there’s a merchandise line that is looking to capitalize on this trend.
It’s Poker Pride!
Zynga Earnings Miss: Las Vegas Sands Falls Short Too
Zynga, which runs the world’s biggest free-to-play online poker room, slashed its outlook after trading.
How About a Temporary Casino at Meadowlands for Super Bowl
Despite New Jersey Governor Chris Christie’s assertions that he will not support any casinos within the state outside of Atlantic City, a proposal was tossed around Wednesday suggesting a “temporary casino” at the Meadowlands for the Super Bowl in 2015.
Some are calling it a “pop up” casino.
Center Stage Casino in Alabama Raided
(Associated Press) - State and local law enforcement have raided Center Stage casino near Dothan and seized several hundred machines.
State Attorney General Luther Strange announced that his office worked with the Houston County sheriff and district attorney to serve a search warrant Wednesday morning that resulted from an ongoing investigation of illegal gambling.
Pendula: ‘If Zynga Stock Gets Nailed, I Intend to Add Aggressively to My Position’
All eyes are on Zynga later this afternoon (July 25, 2012) as that popular social gaming firm is set to release its financials.
ISPT the Biggest Tournament Ever: Michael Mizrachi Rep for Bernard Tapie New Venture (Video)
The International Stadium Poker Tour is a poker tournament that is slated to take place every year in a world-famous stadium with the 2013 event slated to take place a Wembley.
It claims to be the biggest poker tournament in the world consisting of 30,000 players, a prizepool of 20 m€ and is broadcasted on the Television in more than 28 countries.
The name behind the venture is one many online poker players – especially those screwed out of their funds by Full Tilt Poker – might be familiar with. That would be Bernard Tapie and his son, Laurent.
June Gambling Revenue Flat in Mississippi
JACKSON, Miss. (Associated Press) - Mississippi's casino revenues were basically flat in June, as a recovery at gambling halls along the Mississippi River barely made up for losses on the Gulf Coast.
Overall revenue rose less than 1 percent from June 2011, to $186.9 million, according to Mississippi Department of Revenue figures released Tuesday. Statewide revenue was basically flat with May, down less than $150,000.
In June, the 12 coastal casinos won a total of $89.9 million from gamblers, down 4.3 percent from the $94 million that they won in June 2011.
