Gambling News

John Goodman Joins ‘The Gambler’ Cast

“Inside Llewyn Davis” star John Goodman has joined the cast of “The Gambler” remake.  He will star along side the likes of Mark Wahlberg and Jessica Lange. 

James Caan was nominated for a Golden Globe for his performance in the 1974 original.

Here is an excerpt from Wikipedia regarding the plot:

Submitted by Jordan Bach on, Jan/09/2014

Mobster Gets More Than 9 Year Sentence for Pot Distribution

Though his lawyer argued the drug is mainstream, mobster Salvatore Larca has been sentenced to 9.5 years behind bars for running an illegal marijuana distribution business. 

The reputed Genovese crime family member admitted to running the operation from the Bronx, New York.

Submitted by Gilbert Horowitz on, Jan/09/2014

Cantor Could Pay Over $2 Million in Damages Resulting From Colbert Indictment

Cantor Gaming, which changed its name to CG Technologies this week, has agreed to pay over $2 million under a tentative settlement reached over the weekend with the Nevada Gaming Control Board, according to the Wall Street Journal.

Submitted by Aaron Goldstein on, Jan/09/2014

Openings Set to Start in Mob Financial Fraud Case

CAMDEN — (Associated Press) - Federal prosecutors will start making their case to jurors that a group of Philadelphia and southern New Jersey mobsters pulled off a white-collar financial fraud scheme.

The trial of Nicodemo Scarfo and six other defendants is scheduled to start Wednesday. Prosecutors say the defendants used threats to take over a mortgage company and then kept the firm’s assets for themselves.

Submitted by Associated Press on, Jan/08/2014

76ers, Devils Ink Online Gambling Sponsorship Deal

NEWARK, N.J. (Associated Press) — The Philadelphia 76ers of the NBA and the New Jersey Devils of the NHL have become the first major U.S.-based professional teams to sign a sponsorship deal with an online gambling company.

Submitted by Associated Press on, Jan/08/2014

Gambling911.com World Exclusive: Americas Cardroom Now has Bitcoin Option

As first reported by Gambling911.com Monday, the biggest online poker room to date will begin offering bitcoin deposit and withdrawal options.  Depositing via bitcoin will be available as of today (January 8, 2014).  Withdrawal availability will follow shortly.

Submitted by C Costigan on, Jan/08/2014

Ameristar Casino to Host First Televised Poker Tournament in Kansas City

KANSAS CITY, Mo. - Poker enthusiasts will have an opportunity to play on national television in Kansas City for the first time when Heartland Poker Tour (HPT) visits Ameristar Casino April 25-May 4, 2014.  The 10-day series will include several preliminary events, satellite opportunities, and a two-day televised Main Event.  The first-place prize is anticipated to be six figures, which is consistent with other HPT stops across the country.

Submitted by Press Release on, Jan/08/2014

Morgan Stanley Employee Gambled Away Millions of Bank’s Funds, Strangled Wife

A former product controller at Morgan Stanley was terminated by the company after losing millions of dollars due to an “accounting error”.  Investigators also believe Manas Kapoor, 35, strangled his wife to death the same day he was to attend a disciplinary hearing.

Kapoor admitted he was £8,000 in debt and was borrowing from friends and family to support his gambling addiction.

Submitted by Jagajeet Chiba on, Jan/08/2014

NBA Star Gilbert Arenas Goes All-In and Becomes Professional Poker Player

Big name former NBA star Gilbert Arenas was one of 295 poker players to take part in day 1A of the $10,000,000 Guaranteed Main Event of the 2014 PokerStars Caribbean Adventure or PCA.

Arenas was eliminated halfway through the first day after accidentally raising a pot (when he was merely trying to call). 

Submitted by Ace King on, Jan/08/2014

PokerStars Announces Schedule for Third Turbo Championship of Online Poker

ONCHAN, Isle of Man – PokerStars today announced the schedule for the third annual Turbo Championship of Online Poker (TCOOP), which will take place from January 23 to February 2 and guarantee $15 million across 50 events.

Submitted by Press Release on, Jan/08/2014

World Poker Tour Makes ‘Monster’ Mistake Says Caro: Fury Over Headphones

Legendary poker pro and strategy expert Mike Caro believes that the World Poker Tour may have just made a “Monster” mistake. 

Submitted by Ace King on, Jan/07/2014

Maryland Live Casino Enjoys Huge Success in 2013

Maryland Live, the Old Line State’s largest casino, generated a whopping, according to the Maryland Lottery and Gaming Control Agency.  

The casino began offering the table games last April.

Submitted by Aaron Goldstein on, Jan/07/2014

Three UTEP Men’s Basketball Players Ousted For Betting on Games

The leading scorer for the University of Texas men’s basketball team, McKenzie Moore, has been kicked out of the program along with two other reserves after they were discovered betting on sporting events.  The school emphasized that there is so far no evidence of point shaving or betting on Miners games.

Submitted by Tyrone Black on, Jan/07/2014

PCA 2014 Main Event Kicks Off With 275 Poker Players

There are at least 275 players in seats for the $10k PCA 2014 Main Event which started today at noon.

Submitted by Press Release on, Jan/07/2014

New Jersey Internet Gambling Accounts Reach 150,000

ATLANTIC CITY — (Associated Press) - The number of Internet gambling accounts created in New Jersey continues to grow and is nearing 150,000.

New Jersey online gambling was authorized last year to give a boost to Atlantic City’s struggling casino industry, which has been beset by increasing competition for the past seven years. It began with a five-day trial period on Nov. 21 and launched publicly on Nov. 25.

Submitted by Associated Press on, Jan/07/2014

Hedge Fund Billionaires Take Stake in Caesars Online Gambling: Take on Adelson

Three billionaires against one: George Soros, John Paulson and Leon Cooperman have reportedly taken a stake in Caesars Acquisition Co, the online gambling spinoff of the Vegas giant.  ((Image credit: Steve Brodner)

Submitted by Gilbert Horowitz on, Jan/07/2014

Nevada Gaming Control Board Files 18-Page Complaint Against Cantor Gaming

The Nevada Gaming Control Board (NGC) has filed an 18-page complaint against Cantor Gaming following a lengthy investigation.  A former director of the company was indicted by US law enforcement in late 2012 for his role in an illegal sports betting venture and pleaded guilty to one count of conspiracy this past summer. Read Complaint Here

Submitted by Gilbert Horowitz on, Jan/07/2014

Former NFL Player Donald Caldwell Charged With Bookmaking

TAMPA, Fla. – (Associated Press) - Former NFL and University of Florida player Donald “Reche” Caldwell has been arrested by Tampa police on charges of operating an illegal gambling house and bookmaking.

Police say Caldwell was one of three leaders of the operation. Five other men are facing a variety of charges including probation violations, possession of a controlled substance and illegal gambling.

Submitted by Associated Press on, Jan/07/2014

Poker Pro Dan Bilzerian Makes Acting Debut in ‘Lone Survivor’ (Video)

Poker pro and Instagram sensation Dan Bilzerian has made his acting debut in the critically acclaimed “Lone Survivor”.

Submitted by Nagesh Rath on, Jan/06/2014

Biggest Online Poker Room Yet to Begin Offering Bitcoin – G911 Exclusive

Gambling911.com has confirmed that one of the world’s largest online poker networks is set to begin offering the anonymous online currency bitcoin as early as this week.

This room will also convert bitcoins to cash on their end to minimize the risk factor for players, we have been advised.  Until now, players have been relegated to online poker rooms that were either new to the seen or only offered bitcoin exclusively as a deposit or withdrawal method. 

Submitted by Nagesh Rath on, Jan/06/2014

PCA Super High Roller to Reward $1.6 Million to Winner

The winner of the $100k PCA 2014 Super High Roller will get $1,629,940 with eight players paid. There were 46 entries and ten re-entries for this year’s $100k PCA Super High Roller event, creating a $5,433,120 prize pool.

Submitted by Press Release on, Jan/06/2014

European Poker Tour Announces 45 Event Deauville Schedule

ONCHAN, Isle of Man – The European Poker Tour today confirmed the schedule for the EPT10 Deauville Festival in January 2014, with the GPI European Poker Awards as part of the 11-day festival.

Submitted by Press Release on, Jan/06/2014

PartyPoker Borgata to Surpass Merge Poker Network by Mid January

Another sign of just how successful online poker in the state of New Jersey has become: PartyPoker Borgata is set to surpass Merge Gaming and the Chico Poker Network’s traffic in the US.

Both Merge and Chico operate offshore and accept customers from most US states.  PartyPoker Borgata has a little ways to go before catching up to surging Winning Poker Network (home to Americas Cardroom) and top 10 traffic site Bodog Poker.

Submitted by Ace King on, Jan/06/2014

Paddy Power Takes Swipe at ‘Fat, Lazy Footballers’ in ‘Ball of Shame’ Ad (Video)

Ireland’s largest bookmaker, Paddy Power, debuted its latest ad during this past weekend’s Arsenal v Tottenham FA Cup game on ITV.  The so-called “Ball of Shame” advertisement takes a swipe at “lazy, fat footballers”.

More specifically, the betting firm seems to take issue with aforementioned “lazy, fat footballers” also making millions of pounds (dollars).

Submitted by Alistair Prescott on, Jan/06/2014

North Korea Leader Feeds Uncle to 120 Dogs: Paddy Power Ends Rodman Deal

Reports surfaced this past weekend that North Korea’s Supreme Leader Kim Jong Un had his uncle stripped naked, thrown into a cage, and eaten alive by a pack of 120 ravenous hounds, this according to a Chinese press report.

Submitted by Jagajeet Chiba on, Jan/06/2014

Delaware to Review Gambling Sector

DOVER — (Associated Press) - A panel examining challenges facing Delaware’s gambling industry is close to submitting recommendations for state lawmakers to consider.

The lottery and gaming study commission will convene today at Legislative Hall to review its list of options.

The panel also planned to review an accounting firm’s report on economic and financial benchmarks for Delaware’s three casinos.

Submitted by Associated Press on, Jan/06/2014

South African Company First to Assemble Gambling Machines

A South African gaming group (Grand Parade Investments) has announced that they will be the first manufacturer to assemble gambling machines in South Africa.  

 

Submitted by Payton on, Jan/06/2014

Zynga Incorporates Digital Currency Bitcoin: Tops $1000

In recent days, social gaming company Zynga announced the adaptation of anonymous digital currency Bitcoin for some of its social games.

Submitted by Aaron Goldstein on, Jan/05/2014

Online Poker Affiliate Programs in New Jersey Won’t Allow Rakeback Deals

Many of today’s online poker affiliate programs offer rake back as a means of building a site’s business but rakeback offers will be prohibited in the state of New Jersey.

Such deals on the Web today tend to allow for between 25 percent to 35 percent rakeback and are typically administered by a third party such as poker room affiliates or dedicated rakeback websites.  Think of the rakeback system as similar to that of a casino comp program whereby gamblers are rewarded with comped rooms and food based on their volume of play.

Submitted by Patrick Flanigan on, Jan/04/2014

Robocoin Bitcoin ATM Arrives in Hong Kong, Taiwan: 50 Machines Sold

Robocoin, the first ever shipping ATM, has arrived in Hong Kong and Taiwan, thus helping to make the alternative payment solution even more mainstream. 

Submitted by Aaron Goldstein on, Jan/04/2014

Breaking News

Nevada Gaming Board Sued By Crypto.com

The derivatives arm of crypto exchange Crypto.com has sued the Nevada gaming and gambling regulator in the state’s federal court on June 3, claiming it improperly blocked the exchange from offering “derivative contracts that reference sporting events on its federally regulated market.”