Gambling News
Lindsey Graham Confronted Over Online Gambling Bill, Adelson Donations
What happens when you take one of the wealthiest men in the world and make him one of the biggest backers of a political party?
Well, you have politicians doing his bidding to eliminate business competition.
Crime Gangs Laundering $140 Billion a Year Through Sports Betting Sites
(Reuters) - Criminals are using betting on sports events to launder $140 billion each year, a report said on Thursday, exposing a lack of effective regulation that allows match-fixing to spread.
Soccer and cricket were identified as the sports most threatened by criminals seeking to rig the gambling market but tennis, basketball, motor racing and badminton were also affected, according to the report, which is based on a two-year research.
Phil Ivey Wins Over $500k in Two Days: Blom Drops $380,000
Poker icon Phil Ivey won $441,380 over a two day period after 835 hands were played in six different sessions concluding on Tuesday.
Most of his winnings on Tuesday came during a session played in the late morning at the $1,500/$3,000 8-game tables, according to PokerNews.
Joran Van Der Sloot to Marry in Prison, Become a Father
Dutchman Joran van der Sloot’s lawyer Maximo Altez confirmed that the convicted killer is set to marry while serving a 28-year prison sentence and he will become a father.
Van der Sloot was convicted of killing a 21-year-old female Peruvian student he met in a Lima casino in 2010. He had been visiting Peru to follow the Latin American Poker Tour.
PayNoRake.com to Now Guarantee 24 Hour Payouts
The management of the Chico Poker Network are thrilled to announce that, following on their success with the fast payouts and impeccable records achieved on TigerGaming.com – they can now extend the same 24 hour guaranteed payout service to PayNoRake.com - via Skrill, Neteller and EcoPayz!
CNBC’s Cramer Says to Get Your Money Out of IGT
In Wednesday’s lightning round, CNBC’s popular stock analyst Jim Cramer offered his advise on slot maker International Game Technology:
“Online gambling isn't taking off and there aren't a lot of new casinos being built,” said Cramer. “Therefore, I think there are better places to put money.”
New Jersey Internet Gambling Sees Decline in April
ATLANTIC CITY, N.J. (Associated Press) — New Jersey's fledgling Internet gambling industry saw its first monthly decline, falling slightly to $11.4 million in April.
In March, which had one more day of gambling than April had, Internet gambling brought in $11.9 million. Figures released Wednesday by the state Division of Gaming Enforcement show the average online take per day was $380,958 in April, down from $383,173 in March.
UltimatePoker CEO Tom Breitling: Size Does Matter
UltimatePoker CEO Tom Breiting sat down to discuss the size of the online gambling market in a very small regulated portion of the United States.
“With the creation of a new industry, there are a lot of unknowns,” Breitling says. “And our company was pushed off balanced just a little bit (with emphasis) for revenue projections.”
Those projections for the Nevada market, where UltimateBet leads and is only one of two sites online, was for $80 million. In New Jersey, estimates were in the $250 million to $1.2 billion range.
Americas Cardroom Stops Serving New Jersey, Delaware and Nevada Markets
Americas Cardroom today announced a move to serve players only in markets without state-licensed poker sites. The online poker site today announced that, effective immediately, players in New Jersey, Delaware, and Nevada will no longer be eligible to play real money online poker at Americas Cardroom.
‘Tsunami of Corruption’ is Heading for Aussie Sports Warns Match-Fixing Expert
Journalist and corruption in sport expert Declan Hill has warned of a “tsunami of corruption” about to hit Australian sport.
He uttered the dire warning while addressing the second Victoria Police Integrity in Sport Symposium in Melbourne.
"The match fixing linked to the Asian gambling networks have destroyed most Asian sports.
"The sports fans of Asia, the gambling people, the fixers of Asia are now going to turn their attention to Australia."
Attorney General Hopeful Gives Up Stake in Online Gambling Firm
Massachusetts Attorney general hopeful Warren Tolman confirmed Sunday he has severed all financial ties with an online gaming company.
Man Who Beheaded Exotic Bird at Flamingo Casino in Las Vegas Gets Probation
A University of California, Berkley law school graduate has been sentenced to probation after beheading an exotic bird at a Las Vegas casino in 2012.
Justin Teixeira received the four years of following a prison boot camp program.
His sentence also includes 16 hours a month of unpaid work at an animal shelter.
Teixeira pleaded guilty to beheading a rare 14-year-old helmeted guinea fowl while at the Flamingo’s Wildlife Habitat.
Alcohol was involved in the crime.
- Gilbert Horowitz, Gambling911.com
I Live in Texas But Can’t Bet the Preakness Stakes Online: Do I Have Options?
Texas is one of those so-called “prohibited states” when it comes to betting horses online but that doesn’t mean you still can’t do so. International online horse racing sites like Bookmaker, which has been in business since 1997, do continue to accept bets from folks living in the Loan Star State.
Poker Pro Mike ‘The Mouth’ Matusow’s Life to Hit the Big Screen
Variety Magazine reported Monday that poker pro Mike “The Mouth” Matusow’s life would be made into a film.
The project is currently in development as a biopic by 1984 Professional Defense Contractors.
Matusow is one of the most colorful players in the game having had bouts with drug addiction, sex, promiscuity and other depravities we can’t get into on this family website.
Matusow has also spent time in jail and once attempted suicide.
Paddy Power CEO to Step Down Amidst Two Worst Weekends Ever in Football
Paddy Power, the United Kingdom’s third largest bookmaker, suffered two of its worst weekends in football on record this year. The company’s stock has dropped 4% and CEO Patrick Kennedy has announced his departure in 2015. Kennedy has been CEO of Paddy Power since 2006 with the betting firm enjoying huge success throughout much of his tenure.
Germans to Dominate This Year’s $1 Million Buy-In One Drop
Fabian Quoss, Max Altergott, Tobias Reinkemeier, Christoph Vogelsang and Niklas Heinecker, all German and all poker players who have paid the $1 million buy-in to participate in this year's Big One for One Drop at the World Series of Poker.
The odds of a German winning what will likely be the biggest cash in poker tournament history are pretty good.
URINE-SANE!!! Paddy Power Handing Out Pure Urine Samples to Giro d' Italia Riders
Perhaps sensing they were being outdone by Stan James and that bookmaker’s infamous defacing of a medieval wall, the king of online gambling marketing, Paddy Power, has announced they will be handing out clean urine samples to riders during the final stage of Giro d' Italia in Ireland.
Michael Sam’s Boyfriend From Mob Family: Grandfather Stuffed Bodies in Sewers
It was the kiss seen around the world that everyone was talking about Monday – Michael Sam selected to the St. Louis Rams, then engaging in a kiss with his boyfriend on national television upon learning of the news.
Sam is officially the first openly gay player in the NFL. There was some question as to whether he would be selected in this year’s NFL Draft and he nearly wasn’t. Sam was one of the last picks.
Casino High Roller Being Sued Over $14.1 Million Debt
Melbourne’s Crown Casino is suing a gambler over $14.1 million they lent out to finance his gambling spree that reportedly left it nearly $8 million in the red.
High-roller Zhao Li is now being sued by the casino after Crown claims he has either refused or otherwise forgot to pay them back.
Jennifer Garner Doesn’t Trust Beau Ben Affleck in Vegas: ‘All Hell Broke Loose’
According to ShowBizSpy.com, Hollywood actor Ben Affleck is getting himself into hot water over his gambling with none other than spouse Jennifer Garner.
Danish Poker Sensation Gus Hansen Has Lost Nearly $18 Mil at Full Tilt Poker
HighStakesDB.com released a report that Danish poker pro Gus Hansen has lost $17.8 million just playing at Full Tilt Poker, making him one of the biggest all-time losers on that site.
While Hansen first started playing at Full Tilt Poker approximately ten years ago, most of his losses have occurred over the past year-and-a-half.
He is down nearly $3 million this year alone. Last year he dropped nearly $8 million.
Prior to 2012, Hansen had taken a brief hiatus from high stakes online poker games.
Oh Crap! Poker Scammer Jose ‘Girah’ Macedo Now Cleaning Toilets
One of the most notorious poker players in recent times, Portugal’s Jose “Girah” Macedo, is now reportedly cleaning toilets.
Once considered a "poker prodigy" among other players, Macedo got caught up in an internet cheating scandal that he later admitted to.
In the past year, Macedo has started his own cleaning business along with a group of friends. The business has reportedly made €240,000.
Caesars Could Close All Four of Its Atlantic City Properties: Harrah’s, Bally’s
In a conference call last week, Caesar’s Entertainment Corp. CEO Gary Loveman said his firm could not rule out closing some or all four of its Atlantic City casino properties as a means to cut costs.
Two Billionaires Place Bets on Japan Casino Sector
OSAKA/TOKYO (Reuters) - Two US billionaires are betting on rival cities, Tokyo and Osaka, to be the first in Japan to open casino resorts - once the government gives the go-ahead to legalize gambling.
Japan is one of the world's last untapped gaming markets and could become the third largest gambling destination after Macau and the United States, with annual revenue of over $40 billion, according to broker CLSA.
Australian Casino Magnate James Packer Receives A$500 Fine for Brawl
Crown Resorts Ltd. Chairman James Packer has been fined A$500 for a May 4 street brawl near Sydney’s Bondi Beach. The other man involved in the altercation, Nine Entertainment’s CEO David Gyngell has also been fined the same amount.
NRL Investigating Top Official Over Ryan Tandy Gambling Scandal
(Associated Press) - The NRL is reportedly investigating allegations its head of football, Todd Greenberg, had knowledge of front-rower Ryan Tandy's gambling on rugby league games while he was chief executive of Canterbury but turned a blind eye to it.
Fairfax Media reports the claims Greenberg was given evidence of Tandy betting on league games but took no action have prompted NRL chief executive Dave Smith to request an investigation.
Bookmaker Stan James Could be Charged With Crime Over Defacing of Heritage Site
The popular British bookmaker Stan James was reported to authorities for stenciled graffiti advertising the betting firm was found on the Roman walls of Chester, a Heritage site that has existed since 40 AD.
The company added the graffiti ahead of this weekend’s Chester Horse Racing Festival. The Chester council has accused Stan James of a “Heritage Crime”.
Another Man Tied to Russian-Mob Connected Gambling Ring Sentenced
NEW YORK — (Associated Press) - A man who ran an illegal sports gambling operation with a Manhattan art gallery owner has been sentenced to six months in prison.
Illya Trincher was ordered to forfeit $6.4 million in illegal profits. The 28-year-old also ordered to six months of house arrest after completing his prison sentence.
The scheme catered to billionaires in New York and Hollywood.
Last week, his father, Adam Trincher, was sentenced to a five-year sentence in a related scheme.
The Manhattan dealer, Hillel Nahmad was sentenced to one year in prison.
Ronn Torossian & 5WPR Continue Winning Awards
Longtime Friends of Gambling911,Ronn Torossian & his New-York based firm 5WPR continue to win awards.
The announcement came today that 5WPR was named a Finalist in The 2014 American Business Awards for four categories, including PR Agency of the Year and PR Executive of the Year for 5W CEO and Founder, Ronn Torossian, and will ultimately be a Gold, Silver, or Bronze Stevie® Award winner in the program. 5WPR was agency of record for 2013 – and Torossian won a silver for 2013 PR exec of the year.
High Stakes Poker Pro, Olympian in DUI Accident: Totals Car
A professional high stakes poker player from Norway has apologized for crashing his car and leaving the scene of the accident last week.
Petter Northug was intoxicated at the time he totaled his Audi A7.
Northug may be better known as an Olympic medalist skier. He initially denied being the driver. The 28-year-old won two gold medals at the Vancouver Winter Games in 2010.
"Petter Northug has confirmed to the police in Trondheim that it was he who drove the car that was involved in an accident on Sunday morning," his manager Are Soerum Langaas said on Sunday.
