Gambling News
Pete Rose Submits Application to be Reinstated Into Baseball: Punished for Betting
Arguably one of the greatest Major League Baseball players of all time, Pete Rose, was banned from the sport back in 1989. His crime: Betting on the Cincinnati Reds while managing the team.
Rose has tried and failed to be reinstated into Major League Baseball in September 1997 and November 2002 with Commissioner Bud Selig never ruling on the application.
One Last Time: NJ Heads to Court Over Sports Betting Legalization
NEWARK, N.J. — (Associated Press) - The 2 1/2-year legal battle over sports gambling in New Jersey is moving back to court.
Lawyers representing the state will argue before the 3rd U.S. Circuit of Appeals in Philadelphia on Tuesday. They'll be opposed by attorneys representing the NCAA and the four major pro sports leagues.
The leagues sued the state in 2012 to stop New Jersey from going ahead with a law allowing sports gambling. Currently only Nevada allows betting on individual games at betting locations known as sports books.
More Than $10 Million Awarded in PokerStars Sunday Million 9th Anniversary Event
ONCHAN, Isle of Man – ‘BRAYDEN93’, an American player who now lives in Mexico, was this morning crowned winner of the Sunday Million 9th Anniversary tournament, winning nearly $600k at PokerStars, an Amaya Inc. (TSX: AYA) company.
Monday Hearings on Revel Casino Postponed
ATLANTIC CITY, N.J. – (Associated Press) - Hearings on the tumultuous Revel casino sale have been postponed.
A bankruptcy court judge was to hear a series of contentious motions on Monday, after she refused on Friday to approve the sale of the shuttered casino to a Florida developer for $82 million.
Revel's owners were expected to ask the judge to reconsider. She also was to hear requests from its power plant to allow it to cut off service to the building due to unpaid bills, and to appoint a trustee to liquidate the property.
Skybet Gets Reamed for ‘Odds Error’ Tied to PSG Shock Extra Time Win
One of the United Kingdom’s largest online bookmakers, Skybet, found itself caught up in a major controversy over the weekend following an odds error on its mobile phone app.
The app, which has been downloaded some 700,000 times to date, presented odds of 25-1 for a PSG win in extra time over Chelsea only to have the payout as 9-2 by Skybet. The bookmaker has since claimed the odds were a mistake.
Daily Fantasy NBA Player Value Watch – Aaron Brooks
Gambling911.com has your daily fantasy NBA player value watch for the Bulls point guard Aaron Brooks, who we see as a strong pick versus both the Thunder on Sunday March 15 and the Raptors on the 20th.
How to Win Money Playing Daily Fantasy Sports
If you are like many readers of the Gambling911.com website and DFS911.com (coming soon), you might be asking yourself: “How can I make money playing daily fantasy sports”?
Well, it’s easier than you might think and doesn’t necessarily incorporate a whole lot of time provided you know where to gather the right information.
Daniel Negreanu Where it All Began: Offers His First TBT
Poker icon Daniel Negreanu released his first ever TBT on Instagram this week. TBT stands for “Throw Back Thursday” and features photos from years past.
NJ Online Gambling Revenue Down 10 Percent in February Despite Snow, Frigid Temps
New Jersey has released its February online gambling revenue numbers and they are not very good. A decline of nearly 11 percent was seen from January.
Winning Poker Network Looking to Push the Envelope Even More
San Jose, Costa Rica – Over the past six months, Winning Poker Network (WPN) has delivered more unique selling propositions to its players than all of the other networks combined.
Oddsmakers Take Bets on ‘Frozen 2’
All the talk in Hollywood this week centered on the announced production of “Frozen 2”, a sequel to the 2013 box office hit “Frozen”. Now oddsmakers are looking to capitalize on the phenomenon.
Iowa Senate Votes to Allow Fantasy Sports
DES MOINES (Associated Press) — The Senate has passed a bill that would allow a person in Iowa to win money in fantasy sports contests.
The Senate voted 32-16 to approve the bill Thursday. It now heads to the House, where lawmakers are considering a similar bill.
Red Bull Energy Drink Fuels PokerStars Live Macau
ONCHAN, Isle of Man – March 13, 2015 – PokerStars.net, an Amaya Inc. (TSX: AYA) company, today announced that Red Bull, the world’s best-selling energy drink, has become the Official Energy Drink Provider of PokerStars LIVE Macau.
The iconic drink will give wings to poker players who will get complimentary cans of Red Bull when they compete in PokerStars LIVE Macau’s four major main events of 2015:
• Macau Poker Cup 22: February 27 - March 15
• APPT 9 Macau: May 27-31
• Macau Poker Cup 23: August 28 - September 13
Loretta Lynch May Not Get Vote Over Answer to Online Gambling Question
At least one US Senator has said he will likely not vote to confirm Attorney General nominee Loretta Lynch based on her answer to a question regarding online gambling, more specifically her unwillingness to overturn the 2011 Office of Legal Counsel opinion limiting the scope of the 1961 Wire Act to sports betting.
Mafia Thrives on Italy's Legalized Gambling Addiction
(Reuters) - Legalizing gambling in Italy was supposed to help curb the mafia. Unfortunately, prosecutors say, it has only created new opportunities for the mob.
Cash-strapped Italian governments desperate for revenue have relaxed the rules on betting over the past two decades, to the point that Italians now wager $80 billion euros ($86 billion) a year - nearly equal to 5 percent of gross domestic product.
Atlantic City Casino Revenue Down Another 14.8 Percent
ATLANTIC CITY, New Jersey — (Associated Press) - Atlantic City's February casino revenue declined by 14.8 compared with a year ago, when there were 11 casinos operating instead of the current eight.
Even the eight surviving casinos saw their revenue fall by 1.9 percent compared with February 2014.
The casinos won $178.4 million in February, a month beset by snowy weather.
Chaffetz Pisses Off State Lottery Officials
Throughout the years, the state lotteries have proven to be a force when it comes to potential gambling legislation. Such was the case in 2006, when state lotteries were able to detach themselves from what would ultimately become the Unlawful Internet Gaming Enforcement Act or UIGEA. Bottom line: Don’t mess with the state lotteries.
Bwin.Party Potential Suitor Talks Reach Fever Pitch
LONDON - (Reuters) - Online gambling firm Bwin.party said talks about selling all or part of its business had become more serious, as it battles headwinds such as the decline of regulated poker markets in Europe.
Bwin, which was created by a merger of sports betting group bwin and online poker group PartyGaming in 2011, said in November it was considering a range of proposals from interested parties.
Canada's Amaya Gaming, which last year bought online gambling sites PokerStars and Full Tilt Poker, was one party named in media reports last year as being interested.
San Jose CA Largest Gambling Bust on Record: Vietnamese Cafes Caught in Crossfire
San Jose, California police confirmed raids on several Vietnamese owned cafes to root out illegal gambling machines at the establishments.
The raids were designated “Operation Omni”, coming about following a year-and-a-half investigation.
“The only thing I can confirm at this time is that we are serving multiple search warrants and arrest warrants in the area,” FBI special agent Greg Wuthrich told KPIX 5.
The following cafes were raided:
2016 Super Bowl Betting Market Fluctuations After Free Agency the Most Fluid Ever
“We don’t remember a day like this where the Super Bowl betting market saw so much change in a short period of time.”
Daily Fantasy Sports Leagues Not Mad for March Madness as Most Shun College Hoops
For the second time this year, fantasy sports leagues will be shut out of the action for a major sporting event.
Last month, none of the leagues weren't able to hold daily fantasy contests for the Super Bowl because Federal law bans fantasy play based on a single game.
This month, most fantasy sports leagues won't be holding any contests in connection with March Madness, the annual NCAA basketball tournament, because most leagues don't get involved with any college sports.
LAPT8 Chile: Oscar Alache Wins His Second LAPT Title in this Country
Oscar Alache lifted his second trophy in the history of Latin American Poker Tour, which only Fabian Ortiz and Nacho Barbero were able to boast about. Alache achieved this at his home country, next to his people and leading a Final table full of experienced poker professionals.
42 Alleged Mobsters Brought Down in Italy
Italian military police, the Carabinieri, have arrested 42 suspected mafia members in the Southern part of the country, it was revealed on Tuesday. The individuals are accused of extorting tens of thousands of euros from businesses.
Homes in 11 provinces were raided as a result of the investigation with the syndicate based out of the village of Casal di Principe near Naples.
Man Involved in Fatal Car Crash After 500,000 Euros Gambling Win Goes on Trial
BERLIN (Associated Press) — A man faces a possible five-year prison sentence for allegedly causing a fatal accident driving the wrong way down a German Autobahn after winning more than 500,000 euros ($537,000) gambling and going on a 36-hour alcohol and cocaine-fueled binge.
The 51-year-old man, identified only as Marko M., went on trial in Wiesbaden state court Tuesday for negligent homicide and six counts of causing bodily harm.
DraftKings May be Off the Hook With Class Action Clause
As reported on the Gambling911.com website and elsewhere, one of the world’s largest daily fantasy websites DraftKings is now the subject of a class action lawsuit claiming false advertising. But the Boston-based company may have an ace up their sleeve according to the legal firm JD Supra.
Senator Pushing for Web Gambling Prohibition has Never Used Email
Republican Senator Lindsey Graham of South Carolina has never used email though he claims to know plenty about the perceived dangers of Web gambling.
Graham is the co-author of legislation that seeks to prohibit most forms of online gambling, though horse racing, most state lotteries and fantasy sports will remain exempt. The bill is backed by GOP mega donor and casino billionaire Sheldon Adelson.
‘Simpsons’ Creator, Poker Pro Sam Simon Succumbs to Cancer
Sam Simon, the colorful creator of the longest running animated series “The Simpsons” has passed away at the age of 59.
2015 PokerStars UK & Ireland Poker Tour Season 5 Dates Set
Following its first stop in London, the PokerStars UK and Ireland Poker Tour (UKIPT) continues Season 5 with a stop at Dusk Till Dawn Casino in Nottingham from April 12th-19th. The tour will then set sail across The Channel in June for a week in the sun at the PokerStars Marbella Festival before it heads back to the nation’s top poker destinations; hitting Bristol, Isle of Man and Edinburgh.
MGM Stock Falling on Macau Concerns
MGM Resorts International shares were down 3.01% to $20.97 in late morning trading Monday as concerns continue over China’s Macau gambling hub taking a revenue hit.
Gaming revenue is forecast to decline on fears of the impact from a crackdown by the Chinese government.
"Macau is in a tough spot. We believe dividends will be slashed across the board," Zhou, analyst Jamie Zhou of the Hong Kong-based firm Macquarie Securities told Bloomberg.
PokerStars Launches MicroMillions 10 Championship
PokerStars.com, an Amaya Inc. (TSX: AYA) company, today announced that the MicroMillions 10 championship, which features 100 events and $5 million in guaranteed prize money, is set to take place from March 19-29.
MicroMillions is the world’s most popular tournament series, which has seen more than one million tournament entries for each championship held to date. Buy-ins for the next series begin at just $0.11 and max out at $22 for the No Limit Hold’em Main Event, which takes place on March 29 at 14.30 ET and features a $1 million guarantee.
