Gambling News
Full Tilt Poker Lays Off Remaining Staff
Disgraced online poker firm Full Tilt Poker has laid off its remaining staff of 180 employees in Dublin, Ireland. The company had its license officially revoked last month following a series of US indictments.
A handful of poker pros/shareholders in the company, including Howard Lederer and Chris Ferguson, are accused by the US Government of perpetrating an elaborate ponzi scheme.
US Customers of Full Tilt Poker have yet to be paid since April 15 while those worldwide have not received payouts since late June.
Mormon Church Hates Gambling: Mormon Politics Does Not
Two of the contenders for the Republican nomination for President of the United States are members of the Mormon religion: former Massachusetts governor Mitt Romney and former Utah governor Jon Huntsman.
Other top American politicians are also Mormons, including Harry Reid, a Democrat who is a U.S. senator from Nevada and the Majority Leader in the U.S. Senate.
With Mormons in such positions of political power, Gambling911.com readers might be wondering just what is the Mormon position on gambling?
The short answer: they're against it.
PPA Head Alfonse D’Amato to Testify Before House Subcommittee Tuesday re: Online Poker
Former New York Senator and Poker Players Alliance Chairman Alfonse D’Amato is scheduled to testify on Tuesday (October 25, 2011) before the House Energy and Commerce Subcommittee on Commerce, Manufacturing, and Trade on the need to establish federal licensing and regulation of online poker. The hearing was announced last week and kicks off at 10:30 am EDT.
Texas Republican Congressman Joe Barton’s Online Poker Act of 2011 will be discussed during this hearing and witnesses will be brought forward.
Nevada Will Have Real Cash Online Poker Come January
Intrastate online poker for real money is anticipated this coming January in the state of Nevada. Should legislation pass at the federal level, Nevada would then permit those across state lines to play. They, the licensed casinos in Nevada, would become the hub for interstate online poker at that point.
A source close to the situation noted that there is some confusion related to Nevada’s passage of a measure that permits real cash online poker and that Gambling911.com is not exactly helping in this regard.
William Hill Execs Locked Out of Their Own Office: Implosion Within, Shares Fall
The riff between William Hill and its Tel Aviv-based online support and affiliate center, Affiliates United, continued through the weekend following a mass employee walkout last Sunday. Fewer than 20 employees reported back to work.
The Affiliates United employees were told by a former manager of the support center that they would be relocating to William Hill’s Gibraltar base.
Donald Trump Could be Trump Card for New Jersey’s Chances of Legal i-Gaming
Donald Trump’s announcement that he is looking to enter the online gambling fray last week has offered hope on the state front. New Jersey, which is home to a handful of Trump properties including the Taj Mahal, is one of the states looking to legalize Internet gambling as well as sports betting.
Lock Poker CEO Jennifer Larson Applauds Lock Pro Chris Moorman WSOPE Finish
It is the year of the number two making headlines with World Series of Poker bracelet record holder Phil Hellmuth finishing second in three of this year’s events. Now comes another big number two finish, Lock Poker pro Chris Moorman.
His second place finish at this past week’s World Series of Poker Europe earned him $1.1 million and some change. It was his second consecutive number two finish having walked away with $716,282 at the WSOP No Limit Hold’em Six Handed Championship over the summer.
Oklahoma Online Bookie Gets Four Years Behind Bars
An Oklahoma online bookmaker was sentenced to a four year prison sentence following a plea agreement that would require him to cooperate with prosecutors.
David Roy Tune, 62, pleaded guilty to 20 counts of violating anti-gambling laws and one count of conspiracy. Most of the wagers were placed online with a now defunct Costa Rica sportsbook.
It was revealed that Tune forwarded some of the money collected from losing bettors to a man in a man in Costa Rica beginning in 2008.
Sopranos Actor Arrested as Part of New York Sports Betting Sting
John Marinacci, 56, was one of the individuals caught up in a New York State sports betting sting alleged to have ties with the Gambino crime family. Marinacci appeared in two episodes of the popular HBO series “The Sopranos”. He has also appeared on another HBO series “Boardwalk Empire”.
Marinacci was charged this week with enterprise corruption for taking bets and collecting monies for "the Gambino Bookmaking Enterprise," court papers revealed.
The complaint alleges that the New York sports betting ring utilized an offshore wagering call center.
Tim Trushel Abruptly Resigns from his Own Website Sports Memo
Tim Trushel, the president and owner of the Sports Memo group announced his resignation on Tuesday in a shocking development in the sports advisory business. (see blog post here)
Popular APCW Video Account Suspended by YouTube.com
APCW’s slickly produced “Perspectives Weekly” online gambling industry videos may no longer be available on YouTube.com after the video uploading website apparently suspended their account on Thursday. J. Todd runs the APCW site and is widely considered one of the industry’s leading crusaders.
Clicking on the YouTube.com graphic on the APCW website, visitors were greeted with the following message:
Donald Trump to Enter Online Poker Fray
Real estate, entertainment and casino mogul Donald Trump has teamed up with hedge funds manager Marc Lasry in an effort to get a piece of the online poker industry pie once the activity becomes licensed and regulated in the United States.
From Bloomberg News:
Bugging Devices and GPS Tracking Used in Illegal Sports Betting Investigation
37 individuals were arrested on Tuesday in New York and charged with running two illegal sports betting and loan-sharking operations. Those arrested include alleged members of the Gambino crime family.
House Committee Hearing on Internet Poker Next Week has Many Excited
The House Energy and Commerce Manufacturing subpanel will hold a hearing Tuesday on Internet gambling.
“I am pleased that Chairman Bono-Mack is holding a hearing on the important issue of Internet gaming," said Rep. Joe Barton (R-Texas in an interview with The Hill. The Congressman introduced a bill that would legalize online poker in the United States.
The Class Action Lawsuits Against Full Tilt Poker Keep Coming
Yet another class action lawsuit has been filed against defunct online poker company Full Tilt Poker.
The Merge Surge
PocketFives.com reports that Merge Gaming has enjoyed quite an uplift after opening to the North American market this past week.
Traffic grew by 15 percent, P5s noted.
PokerScout.com, the traffic monitoring website for online poker reported the following:
William Hill Promises Its Affiliates United Branch Staff Six Months Notice of Termination
The United Kingdom’s largest online bookmaker, William Hill, has promised its Tel Aviv-based online affiliate staff, Affiliates United (AffUtd), one month's extra pay and six months notice in the event their jobs are set to be terminated.
Poll Shows New Jersey Residents Would Overwhelmingly Approve Sports Betting
If the election were held today, an amendment to the New Jersey Constitution allowing gambling on sporting events in Atlantic City casinos and at the state's race tracks would easily win approval, according to a new Rutgers-Eagleton Poll released Wednesday.
Rutgers-Eagleton Poll results: NJ sports betting vote
William Hill Share Price in Tizzy Following Tel Aviv Uprising
William Hill’s share price was -4.1p at 224.7p Wednesday as executives from the company tried desperately to quash an uprising in its Tel Aviv Internet support centre.
The company issued a statement on Tuesday that several higher-ups at that office would receive disciplinary action for suggesting to employees they were either being relocated to the company’s Gibraltar office or that their jobs might ultimately be disposed of altogether. More than 200 of the Tel Aviv employees abandoned their jobs as a result of this news.
William Hill Takes Action Against Tel Aviv Execs
England’s biggest bookmaker says it is taking actions against executives in charge of its Tel Aviv online gambling support center for wrongly telling employees they were being relocated to Gibraltar.
Headlines were made this week when more than 200 employees walked out after reports surfaced that the Tel Aviv office would be shut down. William Hill dispatched a team of senior executives to help quell concerns.
Hearing on Internet Poker to be Held in DC Next Week
The U.S. House of Representatives’ Subcommittee for Commerce, Manufacturing, and Trade is scheduled to hold a hearing on Internet poker next Tuesday, October 25, 2011. Texas Republican Congressman Joe Barton’s Online Poker Act of 2011 will be discussed during this hearing and witnesses will be brought forward.
The Poker Players Alliance, which revealed the upcoming hearing, will be meeting with members of the subcommittee and various staff members.
PartyPoker Working Hard to Enter US Market: Redlines PokerStars, Full Tilt
Forbes.com reported on Tuesday afternoon how PartyPoker co-chief Jim Ryan has been meeting with investors in the US to highlight how his company will benefit from the latest exits of PokerStars and Full Tilt Poker from American soil.
His chart, according to Forbes, listed Stars and Tilt with red lines drawn through their names.
Mass William Hill Walkout Could Have Effect on Internet Business
The resignation of Eyal Sanoff, the chief marketing officer, from William Hill has prompted a mass walkout of over 200 staff members from the company’s Tel Aviv online support centre, the Sun reports. That office handles nearly all of William Hill’s Internet marketing.
The Israeli-based staff is worried over rumors that Hill’s CEO Ralph Topping is preparing to dump them and move all operations back to the United Kingdom and Gibraltar.
BetOnSports Founder Gary Kaplan Out of Prison
The founder of BetOnSports.com, Gary Kaplan, has completed his prison sentence in connection with running what was considered the biggest North American facing sports betting business of its kind during its heyday. Numerous sources have confirmed to Gambling911.com that Kaplan is out of jail, whereabouts unknown.
BetOnSports and nearly a dozen of its executives were indicted in July of 2006 just prior to the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) in October of that same year. Charges included racketeering, money laundering and mail fraud.
Another President Bush: Jeb Hates Gambling (Sometimes)
Bush for President?
No, not that one.
He served two terms and can't serve any more.
And not his father either, who served one term and then was kicked out of office by the voters.
The Bush who's generating some political buzz on the presidential front these days is none other than the "other" Bush--Jeb Bush--who served as governor of Florida from 1998-2006 and is the 43rd President's older brother and the 41st President's son.
Online Sports Betting Way Up at Legends, BetOnline.com: Volume Way Down
Free Online Poker Las Vegas Casino South Point Joins the G911 Family
Gambling911.com is thrilled to announce that South Point Poker, the first online poker website run by a Las Vegas casino operator, has joined our family of fine partners.
Sportingbet Has Sold Its Turkish Business to GVC Sports
Following news this week that takeover talks involving Ladbrokes had fallen through, Sportingbet has sold its Turkish sports betting business to GVC Sports for €142.5m. Gambling restrictions in that nation forced the sale.
Andy McIver, Sportingbet’s chief executive, offered the following statement:
“Given our other big markets, Spain and Greece, have recently regulated their gambling markets, Turkey was the one which stood out [and] that has often been cited as an overhang on our equity,” he said. “So it was a question of when, not if.”
Feds, Greenville Sheriff Report $2 Million Seized
By SUSANNE M. SCHAFER - Associated Press
COLUMBIA, S.C. --
The Secret Service and the Greenville County Sheriff's Office tracked down and seized more than $2 million from a money laundering scheme tied to online poker operations, officials said Thursday.
U.S. Attorney Bill Nettles said a months-long investigation uncovered two shell companies used to hide illegal gambling proceeds.
The two foreign-based companies sent more than $40 million into the U.S. and the money was tied to payouts to players in South Carolina and other states, Nettles said.
