Gambling News
2nd in Command of Nuke Program Stripped of His Duties Following Gambling Fraud
The second in charge of the US nuke program has been demoted following a gambling fraud investigation involving counterfeit poker chips at an Iowa casino. Little details were provided over the matter other that it occurred this summer.
Vice-Admiral Tim Giardina was relieved of his duties at the US Strategic Command in Nebraska outside of Omaha. He was also stripped of his rank. The US Strategic Command oversees all of America’s cyber warfare activities and military satellites in addition to providing a storage facility for the world’s largest nuclear stock pile.
Borgata Claims First Internet Gambling Permit
(Associated Press) - On an otherwise cloudy day in Atlantic City, a bright spot of news: New Jersey's first Internet gambling permit has been issued to the Borgata in Atlantic City.
The New Jersey Division of Gaming Enforcement says the casino was the first to complete the application and must wait until Nov. 21 to actually make use of the permit.
On that date a 5-day trial period begins. If that goes well, state residents and visitors will be able to access Internet gambling on Nov. 26.
Gamblers Betting on Twitter IPO Valuation
NEW YORK (Reuters) - Though Twitter's first day on the stock market is probably still months away, a handful of international gamblers aren't waiting for the official debut and are already laying bets on how much the social media site will be worth.
Initial public offering experts are floating a market capitalization for Twitter of around $10 billion, but bettors on the Irish gambling site Paddy Power give the shortest odds to it closing with a market cap 50 percent to 100 percent above that.
Lawsuit Claims Americare Boss was ‘Pervert’ and ‘Degenerate Gambler’
A lawsuit filed in a Brooklyn Federal Court by former Americare supervisor Mendel Cohen claims his boss, Favish Pewzer was a pervert and degenerate gambler, among other things.
The ex-employee of Americare also claims he was sexually harassed by Pewzer, an Orthodox Jew and married father of five, who Cohen claims lived a double life. The lawsuit also alleges that Pewzer regularly smoked pot and solicited hookers.
William Hill Issues Profit Warning
(Reuters) - British bookmaker William Hill said a poor retail performance in its third quarter meant operating profit had fallen 20 million pounds ($32.5 million) below expectations, warning that shortfall may not be recovered by the year end.
Quiet trading in July helped push retail net revenue in the 13 week period to Oct 1 down 4 percent on an underlying basis, the firm said on Thursday, with gross margin wins falling 0.8 percentage points as football results went the way of customers.
Chris Moneymaker: Full Tilt Poker Likely to be Sold
PokerStars team pro Chris Moneymaker, the man credited for starting the online poker revolution, offered up a daring prediction regarding Full Tilt Poker’s future.
BetOnline Releases More Info on Shocking 18-Team Parlay Win: Records Shattered
Panama City, Panama – Anyone who watched the Cowboys vs. Broncos game Sunday afternoon was surely on the edge of their seat. The Broncos won a back-and-forth slugfest, in which the teams combined for 99 points. As exciting as this game was for any viewer, nobody’s heart was pounding more than Brandon P. from the upper Midwest.
New York Governor, Others Receive $3.3 Mil From Gambling Interests
ALBANY, N.Y. — (Associated Press) - Gov. Andrew Cuomo has received $361,500 and the state Legislature has raked in more than $1 million from gambling interests leading up to the Nov. 5 casino referendum which is being challenged in court, according to a new report.
Mob-Linked Agent to Plead Guilty for Role at Legends Sports: Worked for 40 Plus Books
A Florida man with alleged Mob ties is expected to plead guilty on Wednesday (October 9, 2013) to a federal money-laundering charge tied to a multi-state and international sports betting ring said to have made close to a billion dollars over the past decade.
EPT London 2013 Prize Pool Close to £3 Million
There were 604 entries for this season's EPT London Main Event, creating a £2,929,400 prize pool.This is the first PokerStars.com London Poker Festival to be held at the glamorous Grand Connaught Rooms in London's West End - a fitting setting for a spectacular 11 day, 36-event schedule combining the very best of the UK & Ireland Poker Tour and the EPT.
Less Than 2 Percent Owed Money by Full Tilt Poker Have Filed Claims
Good news for those Americans still owed money by Full Tilt Poker. With only 2 percent of those reportedly having filed claims, those who have stand a better chance of receiving all their funds.
PartTimePoker.com noted the discrepancy in those sent emails via the claims administrator versus those who actually responded.
Casinos Could Pop Up Everywhere in Florida if New Gambling Laws Get Approval
TALLAHASSEE (CBSMiami/Associated Press) — If the state leaders approve changes to the gambling laws, nearly every Floridian could soon be within a two-hour drive of a casino that contains slot machines.
That was just one of the many scenarios consultants hired by state legislators said could happen, depending on what steps legislators take in the next few months.
Mason Confirms Unbelievable $54k 18-Team Parlay Win
A gambler hit an amazing 18-team parlay for $54k in the 5th week of the 2013 NFL regular season, it was confirmed by Dave Mason of BetOnline Monday. Some teams bet as part of the parlay were College Football.
Clubbing Almost as Popular in Vegas as Casino Gambling
LAS VEGAS (Associated Press) - The cannon at the Flutter Fetti booth near the front of the gambling trade show in Las Vegas last week delivered regular bursts of metallic and crepe paper cutouts, shooting them to the ceiling in big booms and carpeting the floor with shimmering hearts, stars and circles. The glittery mess outshone the slot machines and online poker touchscreens in more ways than one.
Last Minute Touchdown for Ohio State Cost Vegas Sportsbooks $100 Million
A last minute touchdown may not have changed the outcome of Saturday night’s Ohio State vs. Northwestern game, but for Vegas and online sportsbooks, it was a definite game changer.
Bookies in Vegas alone lost $100 million to overjoyed gamblers. More than 90 percent of the bets were coming in on OSU.
Online Poker Film ‘Runner, Runner’ Bombs at the Box Office
The Ben Afleck-Justin Timberlake film about online poker, “Runner, Runner”, has bombed at the box office.
The film, which was widely panned by critics, finished third behind “Gravity” and “Cloudy With a Chance of Meatballs 2” (there was a number one?).
Gambling Addict Who Held Up Betting Shop With Hammer Turns Himself In
A gambling addict flagged down police just hours after he held up a betting shop with a hammer.
The incident occurred August 2 at a Southhampton Ladbrokes. Michael Birch, 30, is charged with the crime. He escaped with £1,637 in cash.
His defense attorney argued that Birsh should be given mercy for admitting to the crime and apologizing.
Judge Peter Henry said: 'This is a serious offence without question, breaking into a premises, arming yourself and threatening someone and terrifying them, forcing them to hand over the money.'
PokerStars to Welcome Players to Isle of Man for First UKIPT Festival
Players to get a behind-the-scenes glimpse behind the world’s leading online gaming company while competing for £500,000 guaranteed Main Event prize pool
ONCHAN, Isle of Man – PokerStars today announced an exciting series of events beginning October 30 as part of the UK & Ireland Poker Tour (UKIPT) visiting the Isle of Man, bringing hundreds of poker players to the home of its corporate headquarters.
Somach: Online Poker Site CEO has No Fear of Being Arrested
Thomas Somach’s San Francisco Examiner piece on an Internet poker company operating right from San Francisco is now out.
EPT London £50K Super High Roller Final Table Determined: Finger Leads
Final table chip counts Martin Finger, 4,770,000 Johannes Strassmann, 2,215,000 Bill Perkins, 2,060,000 David Benefield, 1,320,000 Christoph Vogelsang, 1,220,000 Timothy Adams, 1,140,000 Tobias Reinkemeier, 850,000 Patrik Antonius, 750,000
Somach Exclusive: McDonald’s Hamburgers and an Illegal San Francisco Online Poker Room
Over the past five years, more than a dozen online poker rooms that allowed Americans to play Internet poker for cash have been busted by the U.S. Justice Department. Websites were shut down, website owners and operators were arrested and millions of dollars were seized. Party Poker, Poker Stars, Full Tilt Poker, Absolute Poker and Ultimate Bet were among the sites targeted by the Feds.
Mass. Casino Panel Qualifies 2 for Gambling Bids
BOSTON -- (Associated Press) - Massachusetts gambling regulators said Thursday that Mohegan Sun had cleared a required background check and could continue its pursuit of a resort casino in the town of Palmer.
The five-member gaming commission voted unanimously to qualify the Connecticut casino operator, saying agency investigators working with state police had not uncovered any factors that would disqualify the company from bidding.
European Poker Tour Prague Schedule 2013 to be Unveiled
Event Will be a 47-event schedule that features EPT-run cash games for the first time
ONCHAN, Isle of Man – The European Poker Tour today released the schedule for the forthcoming EPT10 Prague Poker Festival in December and announced that Main Event qualifiers will start tomorrow (Saturday October 5).
Henri Balcazar Wins Full Tilt Poker Montreal Festival Main Event
Ontario Man Wins Record-Breaking Main Event At Montreal Festival
Montreal, Canada – Henri Balcazar is the inaugural Full Tilt Poker Montreal Festival Main Event champion, taking home C$194,044 for being the last player standing in a record-breaking field.
After just three hands of heads-up play, the 32-year-old from Kitchener, Ontario hoisted the trophy, beating local player Eric Despres to the top spot.
William Hill Issues Profit Warning
(Reuters) - British bookmaker William Hill said a poor retail performance in its third quarter meant operating profit had fallen 20 million pounds ($32.5 million) below expectations, warning that shortfall may not be recovered by the year end.
Quiet trading in July helped push retail net revenue in the 13 week period to Oct 1 down 4 percent on an underlying basis, the firm said on Thursday, with gross margin wins falling 0.8 percentage points as football results went the way of customers.
Stop Predatory Gambling Foundation Blasts AGA for Hypocrisy re ‘Runner, Runner’
The Stop Predatory Gambling Foundation has come out swinging against the Nevada lobbying group, American Gaming Association (AGA), for its advertisements suggesting the new film “Runner, Runner” is a cautionary tale depicting the ills of an unregulated online gambling industry.
Over $1.25 Million in Guaranteed Prize Pools Up for Grabs at WPT Regional Series
HOLLYWOOD, Fla. - Time to tune-up the poker strategies for the Seminole Hard Rock Hotel & Casino Rock ‘n’ Roll Poker Open returning November 13 – December 2, 2013. During this World Poker Tour® (WPT®) Regional event, players can win their share of over $1,250,000 in guaranteed prize pools in a challenging 20-event series that will take place in The Poker Room at Seminole Hard Rock Hotel & Casino Hollywood.
‘Runner, Runner’ May Have You Running Out of Theatre Before Film Ends
As first reported by Gambling911.com last week, initial reviews for the online gambling themed film “Runner, Runner” were not especially good. The film continues to be widely panned by critics.
“’Runner, Runner’ Stumbles, Stumbles” reads the headline from the Orange County Register.
Key Cantor Gaming Execs May Have had Role in Sports Betting Probe: Colbert Caves
The New York Times is reporting that federal prosecutors are investigating whether top executives at Cantor Fitzgerald LP's gambling unit participated in the company accepting illegal sports bets.
Cantor Senior Executive Lee Amaitis has been mentioned following a guilty plea entered by former Cantor employee, Mike Colbert. The former sportsbook director admitted to accepting illegal bets.
Full Tilt Poker Montreal Festival Main Event 2013 Final Table Determined
Day 4 of the Full Tilt Poker Montreal Festival Main Event saw 25 players return and in just six hours the final table of nine was found.
The unfortunate player to bubble the final table was Jeremie Trepanier. Trepanier took the defeat with a smile and left the tournament in an agonizing 10th place (C$21,121).
