Gambling News

Online Gambling Payment Processor Neteller Plots US Re-Entry

Optimal Payments anticipates at least 10 states legalizing Internet gambling in the US to legalize the activity over the coming year.

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Optimal Payments may not ring a bell for gamblers.  But this is the former Neteller, a third party payment solutions company that until January 2007 had operated in the USA and was once considered the “PayPal of Online Gambling”.

Submitted by Aaron Goldstein on, Mar/19/2013

A Glimpse Into How Interstate Online Gambling Will Work

The Nevada Gaming Commission this week filed a “Request for Comment” as it relates to how “regulations concerning interstate agreements for interactive gaming” should work as the Silver State looks to begin offering online poker to those beyond its borders. 

Last month, Nevada Governor Brian Sandoval signed Assembly Bill 114 into law that would allow his state to form compacts with other states utilizing a model similar to that of the Lottery System’s Powerball game. 

Here were the primary focus questions:

Submitted by Aaron Goldstein on, Mar/19/2013

Taiwan Bookies Take Bets on When Cancer Patients Will Die: Inside Wagering

Talk about sick!  Some worldwide bookies have no scruples and will take bets on just about anything.

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Case in point.

Taiwan bookies have shockingly begun taking wagers on when cancer patients will ultimately kick the bucket.

Submitted by Jagajeet Chiba on, Mar/19/2013

Fantasy Sports Betting in Atlantic City Casinos Will Not Constitute Gambling

The Press of Atlantic City’s Hoa Nguyen has confirmed that New Jersey’s allowance of fantasy sports betting in the gambling town’s casinos will not constitute “gambling”.

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Submitted by Gilbert Horowitz on, Mar/18/2013

Caesars Stock Hits All Time High

Caesars Entertainment is up 17 of the late 18 sessions with its stock hitting an all time high.   

The initial high occurred the first day of trading in February of last year.  After going public, Caesars fell for nine months, bottoming at 4.52 in mid-November. It turned up then and continues on a roll.

Submitted by Aaron Goldstein on, Mar/18/2013

No More Internet Cafes in Florida Following Gambling Arrests: Senate OK

(Associated Press) - A Senate panel has cleared its version of a ban on the Florida gambling establishments commonly known as Internet cafes.

The Senate committee on gaming Monday voted 11-0 on the bill (SB 1030) that started as a moratorium and evolved into an outright ban.

The vote follows a House committee's clearing of its own bill banning internet cafes on Friday.

Florida Lt. Gov. Jennifer Carroll resigned last week in the wake of an investigation into the Allied Veterans of the World charity that was suspected of running illegal gambling.

Submitted by Associated Press on, Mar/18/2013

Louisiana Latest US State to Consider Legalized Online Gambling

Louisiana Rep. Mike Huval wants his state to look further into the prospects of offering legalized online gambling.

BetOnline

Submitted by Gilbert Horowitz on, Mar/18/2013

Lebron James’ ‘Crooked Rabbi’... Israeli Mafia and Charlie Sheen

While TMZ recently exclusively reported that NBA superstar Lebron James has sent out invites for his wedding and it is set for the holiest Jewish day of the year, Yom Kippur –  his Jewish Rabbi wont be able to attend, and maybe that's why he scheduled for that day.

Submitted by Tyrone Black on, Mar/17/2013

Ruben Visser Wins 2013 EPT London Main Event for £595,000

Dutch pro Ruben Visser has won the £5,250 PokerStars.com EPT London Main Event today for a £595,000 first prize.

The 24-year-old from Rotterdam won his seat for just £320 in a Deep Hyper-Turbo satellite on PokerStars. He beat Lithuanian Mantas Visockis heads-up to take down the tournament which started last Sunday with 647 players and a £3,137,950 prize pool.

Submitted by Press Release on, Mar/17/2013

Jenny Woo: Greg Raymer One of the Good Guys of Poker Despite Hooker F-Up

Poker pro Greg Raymer does not have an arrest record of any kind, so Friday's shocking revelation that he was nabbed during a hooker sting operation certainly has many in the poker community scratching their heads. 

Submitted by Jenny Woo on, Mar/16/2013

NJ to Let Casinos Accept Bets on Fantasy Teams

(Associated Press) - Peyton Manning's touchdown passes, Adrian Peterson's first downs and Darrelle Revis' interceptions could combine to make someone rich this fall.

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New Jersey is allowing casinos in Atlantic City to offer fantasy sports betting in a pilot program that will be announced Monday.

Submitted by Associated Press on, Mar/16/2013

Poker Pro Greg Raymer Arrested in Prostitution Sting

One of poker’s best known players, Greg “Fossilman” Raymer, has been arrested following a North Carolina prostitution sting operation.

Submitted by Ace King on, Mar/16/2013

Americas Cardroom Unveils New Website Ahead of $200k Guaranteed Event

With its upcoming $200,000 Guaranteed Event in early April, Americas Cardroom is going all out to make serious poker players feel at home. Today, they've gone all-in once again. The US-friendly online poker room has revamped their website with a design that appeals to serious poker players.

Submitted by Press Release on, Mar/15/2013

Illinois Internet Gambling Bill ‘Bad Actor’ Clause Softened

Illinois in its quest to legalize Internet gambling has soften its “bad actor” clause that would have prevented companies that have accepted wagers in the US over the past six years from obtaining a license in the state.

Previous wording for Senate Bill 1739 contained the following wording:

“No Internet gaming license shall be granted to any applicant who has accepted wagers via the Internet in contravention of this Section or United States law in the 10 years preceding the application date.”

Submitted by Ace King on, Mar/15/2013

Florida Gambling Arrests May Shut Down Veterans Shelter

JACKSONVILLE, Fla. (Associated Press) — A former Army cook who fell on hard times, Debbie Bowman  has been living at the Allied Veterans Center,  a shelter for homeless veterans, since August.

Submitted by Associated Press on, Mar/15/2013

PokerStars MicroMillions 4 Daily Round-Up – March 15

MicroMillions 4 got under way yesterday with six events and nearly $350,000 in guaranteed prizes up for grabs. In the end the actual prize pools easily exceeded that total, with more than $680,000 awarded to thousands of players.

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Submitted by Press Release on, Mar/15/2013

Floyd Mayweather Jr Claims NFL Replacement Refs Cost Him $900k Gambling

Floyd Mayweather, Jr. lost around $900,000 gambling on NFL games and he blames the early season replacement referees.

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Submitted by Don Shapiro on, Mar/14/2013

Florida Legislature Move to Ban Internet Cafes Following Gambling Scandal

(Reuters) - The resignation of Florida's lieutenant governor, Jennifer Carroll, and the arrests of 57 people charged with money laundering and racketeering has sparked a stampede in the state legislature to shut down hundreds of "internet cafes," whose online gambling operations have been allowed to skirt the law for several years.

Submitted by Reuters on, Mar/14/2013

Steve O’Dwyer Leads for Day 5 of 2013 EPT London Main Event

EPT8 London runner-up Steve O'Dwyer is leading the final 16 going in to Day 5 of this season's £5,250 Main Event. He has 2,124,000. Also still in contention for the £700,000 first prize is EPT Grand Final champ Nic Chouity, Team 
PokerStars Pro Theo Jorgensen, Chris Moorman and Ruben Visser.

There were 647 players from 58 countries competing in the event which started on Sunday, creating a £3,137,950 prize pool. As well as their cash prize, Sunday's winner will receive a stunning watch from Slyde, the Official Watch Sponsor for EPT9 Main Events. 96 players are being paid.

Submitted by Press Release on, Mar/14/2013

Playtech’s Billionaire Founder Teddy Sagi About to See Huge Payday

With online gambling software provider Playtech entering into deals with Ladbrokes and a yet-to-be-named US casino partner, company founder Teddi Sagi is in for another big payout thanks in part to William Hill.

From the London Evening Standard:

Submitted by Aaron Goldstein on, Mar/14/2013

US Former Customers of Full Tilt Poker Closer to Getting Paid

The US Justice Department has finally appointed a claims administrator to begin paying former customers of Full Tilt Poker.

The DOJ froze accounts tied to Full Tilt Poker on April 15, 2011 – a day that would later be referred to as “Black Friday”.  FTP eventually shut down. Late last year, the US Government settled with Full Tilt Poker.

$159 million is owed to approximately 1.3 million people.

The DOJ released this statement on Wednesday:

Submitted by Ace King on, Mar/13/2013

Pasi Sormunen Leads for Day 4 of 2013 EPT London Main Event

Pasi Sormunen from Finland leads final 32 for Day 4 of the £5,250 EPT London Main Event. He has 1,578,000. Team 
PokerStars Pros Jason Mercier and Theo Jorgensen are also still in contention for the £700,000 first prize. 
There were 647 players from 58 countries competing in the event which started on Sunday, creating a £3,137,950 prize pool. As well as their cash prize, Sunday's winner will receive a stunning watch from Slyde, the Official Watch Sponsor for EPT9 Main Events. 96 players will get paid.

EPTLive will restart at noon tomorrow (Day 4).

Submitted by Press Release on, Mar/13/2013

$1 Million Taken in Pope Bets at Paddy Power

Ireland-based Paddy Power revealed on Wednesday that more than $1 million was bet on the next Pope and there is little doubt Paddy witnessed a miracle as very little of that money went towards Cardinal Jorge Mario Bergoglio of Argentina, the new Pope.

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Bergoglio was listed at 33/1 odds at one point.

The Argentinean Cardinal was not considered among the frontrunners.

Submitted by Gilbert Horowitz on, Mar/13/2013

Knicks vs. Nuggets Betting Line at Denver -9

The Knicks vs. Nuggets betting line had Denver as a -9 point home favorite at Sportsbook.com where you can receive a FREE $100 BET.

Submitted by Carrie Stroup on, Mar/13/2013

New Pope Elected: Second Day Selection Payout Odds Were 2-1

White smoke followed by bells indicated only one thing in Vatican City Wednesday evening:  A new Pope has been chosen. Cardinal Jorge Mario Bergoglio of Argentina has been named in a shocker as he was not among the frontrunners.  He was listed at 20/1 odds.

Submitted by Gilbert Horowitz on, Mar/13/2013

More Black Smoke as Odds of First Black Pope Improve

With more black smoke on Tuesday indicating that the Papal conclave was yet to elect a new Pope, Ghana’s Cardinal Peter Turkson odds had shortened to 7/2 at PaddyPower.com

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Submitted by Gilbert Horowitz on, Mar/13/2013

Florida Lieutenant Governor Resigns Amidst Internet Cafe Gambling Probe

(Reuters) - Florida Lieutenant Governor Jennifer Carroll abruptly resigned because an Internet cafe company she once consulted for has been linked to illegal gambling, state officials said on Wednesday.

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Carroll sent a brief note to Governor Rick Scott on Tuesday tendering her resignation and saying, "It has been an honor to have served the State of Florida in this capacity."

Submitted by Reuters on, Mar/13/2013

Intrade Irregularities Raise Eyebrows: CEO Paid Millions at Time of Death

Intrade.com’s abrupt closure this week has provided the online gambling industry with yet another black eye.  The darling of mainstream media, Intrade cited “accounting irregularities” for the shutdown.

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Submitted by Aaron Goldstein on, Mar/13/2013

Claire Renaut Wins Bodog Anonymous Poker Series 2013 First Live Event

The first live event of Bodog’s Anonymous Poker Series (APS), held last night in London, was won by the French – other than that it was considered a huge success! Former 888Poker pro, Claire Renaut took the event, the trophy, the champagne and the first seat at the $100,000 Grand Final of the APS in Manila.

Submitted by Press Release on, Mar/13/2013

Equity Poker Network Launches

Online poker network Equity Poker Network (EPN) launching with a bang, a non-profit poker network promising to bring operators, players and affiliates a fairer future.

San Jose, Costa Rica – Online Poker Operators looking to profit even more from the game can now count on Equity Poker Network, a new cooperative non-profit poker network. EquityPokerNetwork.com, announced that operators can now sign up to a fairer future where profit and cross cage is balanced ensuring even Sports, or other operators, with mostly losing players will be winners.

Submitted by Press Release on, Mar/12/2013

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