Gambling News
How to Fund an Online Betting Account in New Jersey: Firm Claims It’s Been Tough
Wayne Parry, New Jersey-based Associated Press writer, reports that funding an online betting account in the Garden State has not been easy despite the activity being legal for nearly 6 months now.
Funding by credit card has been among the most difficult.
Art Gallery Owner Gets One Year in Jail for Roll in Russian Mafia Gambling Ring
NEW YORK (Associated Press) — A wealthy Manhattan art scion was sentenced to a year and day in prison on Wednesday for illegal gambling after a judge accused him of trying to avoid punishment by offering to use his family's fortune to fund an art appreciation charity for disadvantaged children.
Jenny Woo Baby Rescued From Gulf Breeze Florida Flooding by Kayak
The two-year-old baby girl of Gambling911.com intrepid reporter Jenny Woo became a national sensation Wednesday after film crews from Good Morning America and WeatherNation captured little Lily being rescued from her flooded Gulf Breeze, Florida living room by way of a kayak.
Gulf Breeze and other Florida Panhandle towns were devastated by up to two feet of rain that fell in under 24 hours.
Baby Lily’s dad happened to have a kayak out back and was able to get her to an area that was not flooded.
2014 Kentucky Derby: Odds To Win (Early)
Prior to Wednesday evening’s post position draw, 2014 Kentucky Derby odds to win offered some tremendous value in some cases. The draw positions for some of this year’s contenders were expected to either reduce the odds based on a positive outcome.
Jacksonville Fraternal Order of Police VP Pleads Guilty in Gambling Case
SANFORD, Fla. (Associated Press) — The longtime vice president of the Jacksonville Fraternal Order of Police has pleaded guilty, but won't face any jail time for his role with a veterans' organization that prosecutors say was as a front for a $300 million gambling operation.
Robert Freitas made the plea in court Tuesday and has agreed to testify in other cases, if necessary.
"The state's not seeking any sanction beyond the time he's already served," said attorney Tad Yates, who represented Freitas.
What is the Importance of the Post Position Draw and the 2014 Kentucky Derby?
The post position draw is one of the most important factors when handicapping the Kentucky Derby race. In fact, it is the post position draw that ultimately determines the lines days in advance of Saturday’s race. Betting on the 2014 Kentucky Derby online was available at SportsBetting.ag here.
Floyd Mayweather Wants to Buy LA Clippers: Gambling Rep Could be an Issue
WBC Welterweight champion Floyd Mayweather Jr. said Tuesday that he would like to purchase the NBA franchise LA Clippers.
Mayweather, a regular at Clippers games, made the comment during a press conference while in Las Vegas.
Americas Cardroom Adds $20K Guaranteed Weekly High Roller Tournament
The online poker site that's famous for paying grinders extra cash through two generous point races is at it again, this time delivering something big for high rollers. Americas Cardroom today announced the addition of a weekly High Roller tournament with a $500+$30 buyin to its already packed lineup of big weekly guarantees.
Nevada Gambling Revenue Up 7.6 Percent in March
Nevada gambling revenue up 7.6 percent in March; nearly 11 percent on Las Vegas Strip
CARSON CITY, Nev. (Associated Press) -- Nevada casinos won $982 million from gamblers in March, an increase of 7.6 percent from the same month a year ago with most casino games — from baccarat and craps to slot machines — posting better revenue numbers, state regulators reported Tuesday.
Malte Moennig Leads at EPT Grand Final 2014
EPT and PokerStars online regular Malte Moennig, who won his seat to the PokerStars and Monte-Carlo®Casino EPT Grand Final in a PokerStars 25,000 Frequent Player Point VIP Bash, is chip leader going in to Day 4. The 27-year-old from Cologne has 1,150,000, ahead of German player Sebastian von Toperczer who has 996,000. There are 41 players still left in the event which attracted 650 entries, generating a prize pool of €6.5 million.
Traders Betting on Bookies: Shares Climb
(Reuters) - Bid talk and relief about 'less draconian' Government measures lift the bookmakers
Traders were betting on the bookmakers amid a revival of bid gossip and relief that a clampdown on the gambling industry was likely to be less severe than feared.
Equity Poker Room Shuts Down Accounts Due to 'Growing Pains'
The newly formed online poker network Equity Poker has begun to shut down player accounts of those it deems to be “too aggressive”.
Florida and Seminole Tribe Near New Deal
TALLAHASSEE, Fla. (Associated Press) – Florida Gov. Rick Scott and the Seminole Tribe of Florida are close to reaching a new deal that could force legislators to once again consider the future of gambling in the state.
So far there haven’t been any details released, but legislative leaders have confirmed that Lt. Gov. Carlos Lopez-Cantera met with them this week to let them know a deal with the Hard Rock hotel and casino owner could be reached soon.
HPT Adds Two More Stops to Season X Schedule
Fargo, ND – Building off a record year, Heartland Poker Tour (HPT) is raising the bar with even more tour stops in 2014. With two more nationally-televised tournaments added to the schedule, HPT’s Season X will now extend into December. Prairie Meadows Racetrack Casino Hotel in Altoona, Iowa will host HPT for the fourth time with a ten-day series starting on November 28th. From there, the tour will wrap up the year with a ten-day series at Indigo Sky Casino in Wyandotte, Oklahoma. Play at Indigo Sky will kick off on December 5th with the M
Vladimir Troyanovskiy Leads EPT Grand Final 2014 After Day 3
PCA High Roller runner-up Vladimir Troyanovskiy is chip leader going in to Day 3 of the PokerStars and Monte-Carlo®Casino EPT Grand Final. There were 650 players this season (compared to 56 last year) generating a prize pool of €6.5 million. As well as a gigantic €1,240,000 first prize, the winner will also receive the coveted champion’s trophy as well a stunning watch from luxury Swiss brand SLYDE, the Official Watch Sponsor for EPT10 Main Events and High Rollers.
68 Percent of Californians Want Online Poker
A recent survey conducted by the Coalition for Consumer & Online Protection (C4COP) has found that 68% of California residents are in favor of online poker legalization.
Massachusetts Attorney General Hopeful has Ties to Online Gambling
Massachusetts Attorney General hopeful Warren Tolman reportedly promoted technology that would make online betting more appealing to young people.
From the Globe:
Couple Will Forfeit $2 Million From Illegal Gambling Operation
A defendant in an illegal gambling case out of Oklahoma has agreed to forfeit $2 million in cash and property to the federal government as part of a plea deal.
Poker Player, Former Stock Broker Does Not Have to Pay Child Support
A United Kingdom appeal judge, Lord Justice Longmore, has ruled that a professional poker player and former stock broker will not have to pay child support since his income is not from ‘gainful employment’.
Online Gambling in New Jersey: Toms River, Jersey City Top List of Registrants
This week we learned that Toms River ranked number one on the list of Most Registrants signing up and playing on licensed New Jersey online gambling websites. The state’s second largest city, Jersey City, ranked 2nd.
Keven Stammen Wins the WPT Championship 2014
There are few soft spots in a field as talented as the 328 that entered the World Poker Tour World Championship sponsored by partypoker at the Borgata Hotel and Casino, and so it is fitting that there were no soft spots at the final table of six.
The table included Keven Stammen, Byron Kaverman, Tony Dunst, Ryan D'Angelo, Curt Kohlberg, and Abe Korotki, and in the end a large starting stack proved to be the difference in a relatively even collection of top poker talent.
Daniel Coleman Wins €100K Super High Roller at EPT 10 Grand Final
WCOOP Heads-Up champion Daniel "mrGR33N13" Colman has won the €100k Super High Roller for €1,539,300. The 23-year-old American, currently living in Rio, Brazil, beat high stakes online cash games pro Dan “jungleman12“ Cates after a one-hour heads-up battle. As well as his cash prize, Colman also receives a stunning bracelet worth €10,000 from Shamballa Jewels, the Official Braclet Sponsor of EPT Season 10 Super High Roller events. The tournament attracted a record-breaking 50 players which, with 12 re-entries, created a €6,015,240 prize pool.
5WPR CEO on Donald Sterling of LA Clippers Reputation: No Affect on Game Line
Sometimes, even the best communications strategy cannot solve problems that are uncovered by the media. 5WPR CEO, Ronn Torossian, who has worked extensively in crisis PR and is a regular contributor to the Gambling911.com website says that the reputation of Donald Sterling, the owner of the LA Clippers, is beyond the pale of repair for his comments - which were caught on tape by TMZ.
Macau Regulars Dominate in Super High Roller Final 2014
Seven Macau high-stakes cash game players came to compete in this year’s €100k Super High Roller - and three of them have made the final. They include chip leader Rono Lo (aka Lo Shing Fung) who has 4,558,000, some distance ahead of Germany’s sensational Ole Schemion who has 2,818,000. Lo’s friends Richard Yong and Paul Phua will also be back in the Salles des Etoiles at 1pm tomorrow, having outlasted 42 of the entrants (so far) and now all guaranteed at least €241,000.
Fit News Exposes Lindsey Graham, Nikki Haley Online Gambling Agenda
FitNews.com, a site that purports to expose the “unfair” and “unbalanced” in South Carolina politics, has blasted Republican Senator Lindsey Graham along with Governor Nikki Haley for their sponsorship of a bill to prohibit online gambling at the federal level. This is an excellent piece exposing what really lies behind their efforts.
Las Vegas Sands Corp Beats Profit Expectations for 2014 Q1
LAS VEGAS (Associated Press) -- Casino giant Las Vegas Sands Corp. said its first-quarter net income rose 36 percent due to a strong performance in Macau, the world's largest gambling market.
Billionaire CEO Sheldon Adelson said Thursday that the company delivered growth in every sector of business in Macau, and reported that plans to add thousands more hotel rooms are on budget and on schedule. He predicted demand in the enclave, the only place in China where gambling is legal, would not be satisfied anytime in the foreseeable future.
Jacob’s Family Has ‘Gambling’ Obstacle Standing in Way of Buffalo Bills Purchase
ESPN.com on Wednesday reported that the family involved with helping to find the Buffalo Bills a new owner hasn’t ruled out buying the franchise themselves. The Bills previous owner, Ralph Wilson, died last month.
Jeremy Jacobs Jr., the son of Boston Bruins owner Jeremy Sr., is engaged in discussions related to the franchise's future. The Jacobs, one of Buffalo's wealthiest families, would most certainly want the Bills to stay put.
Miles Austin Now Ranks Among Top Athletes to Become Celebrity Poker Players
Two big names were out of the 2014 WPT World Championship Thursday. Dallas Cowboys player Miles Austin and World Series of Poker bracelet record holder Phil Hellmuth were ousted after going deep into the remaining 42 players. Austin did outlast Hellmuth for the recod.
NFL Player Miles Austin, Phil Hellmuth Going Deep at 2014 WPT World Championship
Day 2 has come to a close at the WPT World Championship, sponsored by partypoker, and 68 players have survived from the 200 that started the day.
IGT Net Income Down 67 Percent as Slot Sales Decline
LAS VEGAS (Associated Press) — Gambling equipment manufacturer International Game Technology said its net income fell 67 percent as sales of slot machines declined and the company faced competition from smaller vendors.
Shares fell $1.45, or 10 percent, to $12.62 Wednesday.
