Gambling News
888 Holdings Enters US Online Gambling Market With WMS Gaming Alliance
888 Holdings announced on Monday plans to enter the US online poker market through an alliance with slot machine developer WMS Gaming Alliance. 888 will offer free play poker in the initial stages.
New Jersey Sports Betting Proposal Released a Week Ahead of Time
New Jersey is looking to legalize sports betting with the support of Governor Chris Christie. Proposed sports betting rules were released one week in advance and appear below.
VOLUME 44, ISSUE 13
ISSUE DATE: JULY 2, 2012
RULE PROPOSALS
LAW AND PUBLIC SAFETY
DIVISION OF GAMING ENFORCEMENT
Vanessa Selbst Wins Second World Series of Poker Bracelet
The amazing Vanessa Selbst has been overshadowed by the Big Drop For One Drop million dollar buy-in tournament. Selbst won her second World Series of Poker bracelet in the $2,500 Buy-In Six-Handed Ten-Game Mix (Event #52).
The Yale University Law School graduate and poker superstar from New York City defeated a tough tournament lineup of 421 players, Nolan Dalla reported on the World Series of Poker website Monday.
She pocketed a whopping $244,259 in prize money. The online star and poker icon was also presented with her second WSOP gold bracelet.
US Prosecutors Still Allege Full Tilt Poker, Ray Bitar Engaged in Ponzi Scheme
An additional indictment was filed against Raymond Bitar, CEO of now defunct Full Tilt Poker, on Monday July 2, 2012 after he voluntarily turned himself in to US authorities.
Bitar has remained at large since April 15, 2011 following charges of money laundering and bank fraud in connection with running what was once the world's second largest online poker room.
Full Tilt Poker Founder Ray Bitar Arrested by Feds
Raymond Bitar, Executive of now defunct Full Tilt Poker, has been arrested by federal authorities in the US after turning himself in.
Bitar and about a dozen other men were charged in April 15, 2011 with money laundering and bank fraud in connection with running Full Tilt Poker, at the time the second largest Internet poker venue.
Zynga Celebrates 5th Birthday
The social gaming network Zynga is celebrating its 5th birthday – anniversary, whatever you want to call it - today July 2, 2012.
Poker Pro Matthew Marafioti Twitter Meltdown: 'Ho" Girlfriend With Back Zits Needs Fake T*ts
Poker pro Matthew Marafioti’s tweets make “Poker Brat” Phil Hellmuth’s drunken Twitter entries from two years ago look mighty tame in comparison. Marafioti’s rants included accusations that his girlfriend ************ attacked him and he even discusses grotesque sexual encounters where he would pop yellow pimples off her back. Ewwww... Mike "The Mouth" Matasow suddedly looks like the Dalai Lama.
In between the shocking rants, Marafioti would cheer on his fellow poker players taking part in this year’s WSOP events.
Among the many tweets:
Gambling Granny Allegedly Stole Grandson’s College Funds
The New York Daily News on Monday reported that Edna Sue Pate allegedly stole more that $97,000 from a trust fund set up for grandson Christian Smith over a three year period.
The 73-year-old granny lost $93,000 at a casino during that time.
"Stealing your grandson's money? That's about as bad as you can get, short of physical assault," the boy’s father told ABC News.
Euro 2012 Boosts Betfair Revenues
By Keith Weir
LONDON, June 29 (Reuters) - The Euro 2012 soccer tournament helped online gambling exchange Betfair to report strong trading on Friday, with the development of mobile apps seen as a driver of future revenue growth.
The online bet-matching company, set up 12 years ago, reported a 15 percent rise in underlying profits (EBITDA) from its core businesses to 92 million pounds ($142.66 million) in the year to April 30. Betfair shares rose 2.8 percent to 755.5p by 0825 GMT.
Macau Gambling Growth Misses Expectations
(Reuters) - Macau's gambling revenue growth rebounded last month from May, though the increase was slower than expected, signaling muted spending in the world's largest gambling destination.
Revenue rose 12.2 percent from a year earlier to 23.3 billion patacas ($2.92 billion) in June, faster than May's 7.3 percent gain, government data showed on Monday. Analysts had expected a 15 percent increase.
The Big One For One Drop Will Determine Final Table Overnight
The World Series of Poker Big One For One Drop final nine will be determined most likely during the overnight hours Monday into Tuesday morning with 37 players still remaining out of 48. The million dollar buy-in tournament will pay the largest sum of money to the winner in the history of poker tournaments, $18.3 million.
World Series of Poker The Big One For One Drop First to Drop Out
It’s like the first contestant on Survivor to be voted off the island. You don’t want to be him or her. Worse still is the WSOP Big One For One Drop in which case the first to be eliminated just forked over $1 million.
Paris Hilton Sex Tape Star Rick Salomon in Big One For One Drop Poker Event
Some of you might remember Rick Salomon as the other individual who appeared along side socialite and heir to the Hilton Hotel fortune Paris Hilton in a “leaked” sex tape. Salomon was also romantically linked (married for 80 days) to “Baywatch” babe Pamela Anderson, for whom Gambling911.com revealed last week now has her own online poker room – BamPoker.com. There is a certain irony in Salomon participating in a poker event called “The Big One”. We won’t go there though.
Time for Lock to Rock: Poker Site Gets Rid of Bugs, Extends $4000 Bonus Into July
Nobody said it was going to be a seamless transition, one online poker skin practically starting an entirely new network from scratch, especially a skin that brought with it several thousand customers.
Let’s face reality for a moment, even the long established dinosaurs like PokerStars haven’t been immune to software issues and other obstructions. Only a chosen few know how to create and manage a successful online poker network. This is why the Vegas casinos feel the need to team up with established players from the European market.
Record Numbers Flock to Americas Cardroom Cajoled by The Beast
Online poker’s most unique monthly progressive points race has arrived today at Americas Cardroom. The Beast has been unleashed and they are flocking in record numbers. Thousands of dollars in cash and prize will be awarded every month. Get ready! The Beast is here!!!!
Big One for One Drop 2012 Odds to Win
Surprisingly it has been especially difficult to find WSOP Big One for One Drop 2012 odds to win at any of the online bookmakers. Matchbook.com comes the closest with a few matchup odds being offered, though they do not accept US customers. See a list of World Series of Poker Big One for One Drop 2012 participants below.
William Hill Goes to War With Betfair Over Horse Racing Levy
William Hill, England’s biggest bookmaker, wants to force Betfair customers into contributing to a horse racing levy. Betfair prides itself on being the largest betting exchange. Because there is no middleman (a bookmaker) as part of the betting exchange business model, customers of Betfair have thus far been exempt from paying money towards horse racing.
William Hill will plead its case in court over the coming week.
Gambling Company News and Tweets – June 29, 2012 (4 pm EST)
Here is all the latest Twitter chatter related to the gambling sector – poker, sports betting, financials, entertainment, politics and more. Be sure to follow Gambling911.com on TWITTER here to get all the latest updated gambling news as it happens.
Top Current Company News: Ladbrokes
WSOP Updates: Kenny Hsiung, Greg Hobson Win Bracelets
The latest World Series of Poker winners, Kenny Hsiung and Greg Hobson, have each achieved their first WSOP bracelets.
Kenny Hsiung won Event #48: Limit Hold’em and the $165,205 that came with it. Jonathan Duhamel and Justin Bonomo were among the notables that finished within the top 20.
Not The Best Week for Ladbrokes: Profit Warning has Investors Heads Spinning
Ladbrokes shares fell 12 percent on Thursday following a profit warning issued by the company. Profits for Ladbrokes online unit are expected to be half what they were for this period compared to last year. Follow Gambling911.com on Twitter for all the latest Ladbrokes news.
Dallas NAACP Wants to End Texas Lottery: Cites Man’s Death as One Reason
Texas could be the third state in addition to Utah and Hawaii that does not offer a lottery should the Dallas chapter of the NAACP have their way.
The NAACP’s claim: The Texas Lottery drains the finances of low-income ticket-buyers, in particular minorities.
Anderson Silva vs. Chael Sonnen Fight Odds – UFC 148 (Video)
Anderson Silva vs. Chael Sonnen fight odds for the upcoming July 7 2012 UFC 148 event had Silva as a -260 favorite at BetDSI.com, compared to -280 at some online sportsbooks. Sonnen would pay out $21 for every $10 bet or $210 for every $100 bet. Scroll down to watch the OddsBreaker video preview for the Forrest Griffin vs Tito Ortiz UFC 148 bout.
More Beast as Americas Cardroom Adds on Another $60K to Progressive Rake Race
The fur is sure to fly on Americas Cardroom this weekend, as the online poker site unveiled "The Beast", a groundbreaking progressive rake race that will be unleashed Sunday, July 1.
Gambling Company News and Tweets – June 29, 2012 (3 pm EST)
Here is all the latest Twitter chatter for June 29, 2012 3 pm EST related to the gambling sector – poker, sports betting, financials, entertainment, politics and more. Get the latest on upcoming events. Be sure to follow Gambling911.com on TWITTER here to get all the latest updated gambling news as it happens.
Euro 2012 Huge for Bookmakers: Helps Boost Betfair Profit by 50 Per Cent
Betfair, the world’s largest sports betting exchange, reported a more than 50 per cent jump in pre-tax profit for the 12 months to April 30, mostly a result of heavy beting on the Euro 2012 in recent weeks.
“The European championships have been our biggest sports betting event. More bets have been laid on the Euros with us than for the last World Cup,” Stephen Morana, Betfair’s interim chief executive.
Online Gambling News: Lock Poker Extends 4K Bonus, Battle of Ronin Through July
This is the latest gambling news as published June 29, 2012 during the 11 am EST hour that includes big news regarding Lock Poker’s extension of its uber popular 200 percent signup bonus that pays up to US$4000 into the month of July (2012). Please follow us on Twitter here for up-to-the-minute breaking news.
Additionally, The Battle of Ronin has also been extended.
What exactly is The Battle of Ronin you ask?
The Big One For One Drop – No Limit Hold’em 2012 Kicks Off Sunday
The largest single buy-in poker tournament, The Big One For One Drop – No Limit Hold’em is set to kick off this coming Sunday July 1, 2012 and will conclude on Tuesday.
Approximately four dozen players have already put in $1 million each to take part in this much ballyhooed World Series of Poker event that is actually stealing away some of the Main Event’s thunder.
Online Poker Promotions – July 2012: $100K and 65K Guarantees Extended
As always, Cake Poker has tons of online poker promotions for July 2012 with $100K and 65K guarantees extended. Cake is also starting satellite tournaments for the England Poker Open and Battle of Malta.
Michael Mizrachi Wins The Poker Players Championship at WSOP 2012
Michael Mizrachi has won the 2012 WSOP: The Poker Players Championship and the $1,451,527 that came with it. For Mizrachi, this is his 3rd bracelet in three years.
Mizrachi defeated Chris Klodnicki Thursday night. Andy Bloch finished in 3rd place.
Gambling News: Did Congressman John F. Tierney Knew about Sports Betting Business
This is the latest gambling news as published June 29, 2012 during the overnight and early morning hours including breaking news that Massachusetts Representative John F. Tierney may have known about his brother-in-law’s offshore sports betting business. Wife Patricia was convicted of aiding her brothers in running the Antigua-based operation. Please follow us on Twitter here for up-to-the-minute breaking news.
