Gambling News
Greece Gambling Monopoly Hurt by Recession
ATHENS (Reuters) – Greece’s OPAP, one of Europe's biggest betting firms, reported a 16 percent fall in third-quarter profit on Tuesday, weighed down by the recession in its Greek home market.
Cash-strapped Greece’s plans next year to sell almost its entire 34 percent stake in OPAP, its most profitable company, as part of its international bailout agreement. But higher taxes and doubts about OPAP's most precious asset, its gambling monopoly, may undermine the company's value.
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83-Year Old Ex-Hitman Testifies at Philadelphia Mob Boss Trial
PHILADELPHIA (Associated Press) — An aging mob hit man told jurors Monday that he once plotted to kill a Philadelphia mob boss now on trial and two underlings — even though he liked them.
MicroMillions III Reaches Half-Way Point: Already Surpasses $3.5 Mark
As the half-way stage of MicroMillions III approaches, the total prize pool has already surpassed $3.5 million mark, which means it’s on course to smash the series’ $5 million guarantee.
Heartland Poker Tour Wraps Up The Year of Greg “FossilMan’ Raymer
Florence, IN – Season Eight on Heartland Poker Tour will go down in history as the Year of FossilMan. World champion Greg “FossilMan” Raymer went on a winning streak like no one has ever seen in poker. He won three HPT events in three months, and then followed up his hat trick with a spectacular finale at HPT’s Championship Open at Belterra Casino Resort to win the year-end title for $106,030.
“I’m overwhelmed,” said the champ.
J.R.R. Tolkien Estate Files $80 Million Lawsuit Over ‘Rings’ Slots Game
The estate of author J.R.R. Tolkien have filed an $80 million lawsuit in the U.S. District Court in Los Angeles claiming Warner Bros. and its New Line subsidiary and “Rings” rightsholder Saul Zaentz Co. have infringed the copyright in the books and breached a contract by overstepping their rights to merchandising the property of “The Lord of the Rings”.
Danish Poker Pro Gus Hansen Loses $1.5 Million: Durrrr Returns to Full Tilt
Gus Hansen, one of Denmark’s most well known poker pros, reportedly dropped around $1.5 million over the weekend.
Alabama Developer Ronnie Gilley Begins Jail Time After Vote Buying Trial
MONTGOMERY, Ala. (Associated Press) — Country Crossing casino developer Ronnie Gilley has reported to the federal penitentiary in Atlanta to begin serving a sentence of six years and eight months for offering bribes to legislators to support pro-gambling legislation.
He was originally scheduled to report Aug. 27. He has received delays to allow him to pay for unspecified surgery and recovery rather than having the federal Bureau of Prisons pay for it.
Federal prisons spokeswoman Traci Billingsley said Gilley reported to the Atlanta prison Monday afternoon as scheduled.
Poker Maximus III Freeroll Giveaway at Carbon Poker
Carbon Poker is excited to announce a brand new promotion in conjunction with the forthcoming Poker Maximus III tournament series and it is coming up quickly (November 29th - December 9th).
3G Studios Invests $20 million in Online Gambling (Video)
James Kosta, CEO of Reno, Nevada based 3G Studio, revealed on Fox Business this past week that his company has invested $20 million in online gambling as it prepares for legalization either on the federal or state front.
In an interview with Gambling911.com back in September, Kosta said that 3G Studio was already forming partnerships with operators to offer its vast suite of casino-oriented games, including a poker product.
Online Gambling Companies Apply Pressure on European Commission
A number of online gambling companies are pushing the European Commission pressure member nations like Belgium and Greece into abiding by EU policy.
Marketing Spend Lifts Paddy Power Q3 Revenues
DUBLIN - (Reuters) – Increased marketing spending helped Irish bookmaker Paddy Power to third-quarter revenues up 23 percent on last year, while favourable results boosted its returns on sports betting.
The Dublin-based group has been more adept than larger rivals at reacting to punters moving to online gambling and saw internet sports betting activity climb by 28 percent in the three months to Nov. 14.
Baylor Bears Upset of Number One Kansas State Huge for Books: Ducks Loss Too
With the Kansas State Wildcats the single most wagered on team in Week 12 of the regular College Football season, the bookmakers made out like bandits.
Kansas State was a -12 favorite visiting Baylor and got crushed 24-52 by a Bears team that had a losing record coming into Saturday.
Online Poker Phenom Takes in Ilari ‘Ilari FIN’ Sahamies Wins Nearly $1 Mil Past Week
Finnish high stakes poker phenom Ilari ‘Ilari FIN’ Sahamies managed to win close to $1 million this past week alone.
[Advertisement: Cake Poker now has web-based online poker featuring MAC compatibility]
Facebook Exec Niranjan Nagar to Speak at Social Gambling Conference
Niranjan Nagar, the Head of Games & Apps for Global Vertical Marketing at Facebook, is slated as the keynote speaker at next months’ Social Gaming & Gambling Summit in Los Angeles (taking place December 13-14).
Nagar is responsible for managing Facebook's marketing strategy for the vertical and for architecting programs to build the category globally. He was most recently the COO at Outspark, a publisher and operator of free to play RPGs.
Booby-Trapped Denver Home Once Belonged to Mobsters
Renovations on an 1891 Victorian home in Denver turned up something shocking this week. The home, once owned by the Smaldone Crime Family, was apparently booby-trapped.
Matt Feeney bought the old home on Osage Street and knew it needed some TLC. So upon knocking down walls, he made the shocking discovery.
GOP Senate Candidates Received Over $200k in Laundered Gambling Money
Reports have surfaced that gambling money linked to a 2010 GOP takeover of the Alabama Senate allegedly was laundered.
From the Alabama Political Reporter:
Lock Poker Pro Annette Obrestad Booked for Aussie Millions 2013
Lock Poker, which will be offering online satellites for the Aussie Millions 2013, already had one of its pros confirmed for the big event.
Annette Obrestad revealed on Saturday she has booked her tickets for Aussie Millions. Obrestad won the first ever World Series of Poker Europe in 2007.
The Aussie Millions (also known as the Crown Australian Poker Championship) is considered the Southern Hemisphere’s richest poker tournament and one of the most prestigious in the world. Last year, the first prize award paid out $1.6 million.
Penn National Gaming to Split Into Two
NEW YORK - (Associated Press) -- Shares of Penn National Gaming Inc. hit their highest price since early 2008 on Friday, after the casino and racetrack operator said it plans to split its business into two separate public companies.
It will complete the separation by spinning off its real estate assets into a real estate investment trust. Its gaming business will then stand alone. The split is subject to gaming regulatory approval, which Penn expects to receive in the next nine to 12 months. It expects to complete the spinoff of the REIT in the second half of 2013.
Disgraced Former Full Tilt Poker Head Howard Lederer Files Motion to Dismiss
Attorneys for poker pro and one time part owner of Full Tilt Poker Howard Lederer on Friday filed a Notice of Motion and Motion to Dismiss the Verified Second Amended Complaint with the US Attorney’s Office in the Southern District of New York.
The Notice of Motion in part reads:
Three More Companies Obtain Nevada Online Gambling Licenses
LAS VEGAS — (Associated Press) - Three more casino operators have been issued a Nevada online poker license.
The state Gaming Control Board on Thursday approved interactive gambling licenses for MGM Online LLC and boutique firms Z4Poker LLC of Las Vegas and Cams LLC of Los Angeles.
Spain Court Upholds PokerStars Right to Operate Online Poker room
A Barcelona court has ruled in favour of PokerStars and reaffirmed that the world’s largest online poker company has operated legally in the country ever since it began offering its services in 2001.
Nick DiVella Stopped From Circulating 'Ban Howard Lederer' Petition at Aria Poker Room
Poker pro Nick DiVella doesn’t believe Howard Lederer should be able to play in live events, at least not at the Aria Poker Room in Las Vegas.
BestBet Poker Room St. Johns to Close While Jacksonville Room Thrives
The BestBet St. Johns County poker room in Florida is set to shut down due to declining revenues with much of the staff to be relocated to venues in either Orange Park or Jacksonville.
Tribes Want In On Internet Gambling: ‘Preparing to be Active Participants’
Connecticut tribes reacted to news that Rep. Stephen Dargan, co-chairman of the legislative public safety committee, wants to re-evaluate the state’s role in legalized Internet gambling.
Nun of That Now: Archdiocese Principal Responds re Daniel Negreanu Threat
Following Gambling911.com’s report earlier in the day that one Nicholas Cusato had posted about knocking poker pro Daniel Negreanu’s teeth out via Twitter, Neumann-Goretti High School Principal Robert Selg was quick to insist the man in question is not employed by their High School despite Cusato’s assertion on his Twitter page.
Your Daily Dose of Poker Pro Matt Marafioti Rants: Says ‘F*** You’ to TwoPlusTwo
Poker pro Matt Marafioti continues to rant on via Twitter. And it we didn’t know any better, it might appear as if Marafioti were auditioning for the next “Rocky” flick.
His latest spat(s) involve 25-year-old Montreal-based player Pascal Lefrancois, who has won close to $1.3 million in live tournaments to date.
Lefrancois questioned Marafioti regarding his perceived dislike of fellow poker pro Chanracy Kuhn.
If you have trouble following below, don’t be alarmed.
Top Poker Pros Confirmed for 2012 DeepStacks Poker Tour at Mohegan Sun
Friday November 23 will mark the start of the 2012 DeepStacks Poker Tour at MoheganSun. A $400 No Limit Hold'Em Tournament gets the action started at 11:00am hosted by Michael "The Grinder" Mizrachi.
This tournament is a $125,000 guarantee. From there, multiple tournaments follow, all the way up to the main event with the DeepStacks Poker Tour Mohegan Sun National Championship starting on December 1st. $500,000 makes up this main event prize pool and plenty of big names will be on-hand for this huge tournament. Confirmed poker players include:
Mike "The Mouth" Matusow
High School Coach Wants to Knock Poker Pro Daniel Negreanu’s Teeth Down His Throat
Outspoken poker pro Daniel Negreanu has gotten into it this time with none other than High School Assistant Basketball coach a la Twitter, or so he claims.
The principal of Neumann-Goretti High School in Philadephia confirmed to Gambling911.com following publication of this piece earlier Thursday that one Nicholas Cusato only volunteered briefly at the school and was never employed as an Assistant Basketball Coach as he claims on his Twitter page.
Cusato somehow managed to get into a Twitter spat with Negreanu, though the origin of this spat was not immediately known.
Noah Schwartz Wins 2012 WPT Jacksonville
Poker player Noah Schwartz won the 2012 WPT Jacksonville this week and the $402,970 cash prize that came with that honor.
