Gambling News
More Time Permitted for Revel Casino to Seek Higher Bids
CAMDEN, New Jersey — (Associated Press) - A bankruptcy court judge says more time is needed to seek higher bids for Atlantic City's former Revel Casino Hotel.
Judge Gloria Burns delayed a decision Wednesday on the proposed $82 million sale of the shuttered gambling hall to Florida developer Glenn Straub. She did so after Los Angeles developer Izek Shomof expressed interest in buying Revel, but for $2 million less.
The $2.4 billion casino closed in September after just over two years of operation, during which it never turned a profit.
Brisk Early Betting Reported in Vegas on Pacquiao-Mayweather Fight
LAS VEGAS – (Associated Press) - Manny Pacquiao has always believed he can do what 47 other fighters before him have failed to do -- beat Floyd Mayweather Jr. in the ring.
Turns out a lot of other people are believers too. And they are backing their opinions with money.
U.S. Government Blames Iran for Hack of Sands Casino Websites
Senior government officials have reportedly linked Iran to a hacking attack on the Sands Casino websites last year.
Hackers knocked all of the Sands websites offline and published sensitive personal information about Sands employees including their social security numbers in February of 2014. The sites remained down for over a week.
Record Numbers Reported at Americas Cardroom During Month of February
Though February was the shortest month of the year it didn’t stop Americas Cardroom (ACR) from having its biggest month ever. ACR delivered on its promise to players to host Winning Millions, the online poker site's $1,000,000 GTD poker tournament as a finale to their biggest online tournament series to date.
Hearing on RAWA Internet Gambling Prohibition Bill Postponed
A House Sub Committee hearing on Internet gambling prohibition scheduled for this Thursday has been postponed due to anticipated inclement weather.
Three Florida Men Convicted in Connection With Legends Sports Case
Three individuals from Florida have been convicted in Oklahoma City for their role in running what federal prosecutors called a billion dollar illegal sports betting enterprise run out of Panama City, Panama.
Hooters Poker Room in Vegas Goes Tits Up
Say “Goodbye” to another Las Vegas poker room.
The Hooters poker room is the latest to shut its doors.
Located at the intersection of Tropicana and Las Vegas Blvd, the two-table room often had little if any action.
Casino Revenue in Macau Plunges Nearly in Half During February
HONG KONG (Associated Press) — Casino revenue in the world gambling capital of Macau plunged by nearly half last month as fewer mainland Chinese high-rollers visited during the busy Lunar New Year holiday.
Data posted on the gambling regulator's website Tuesday show that February's gross gambling revenue fell by 48.6 percent from a year earlier, the biggest monthly decline on record.
It's the ninth straight month that gambling revenue has declined in Macau.
Horsing Around at the Poker Tables: Stickyrice a ‘Head Case’?
The video has since gone private but the folks from Reddit and FSPoker.com are still talking about the “horseplay” at this weekend’s LA Poker Classic held at the Bike Casino.
Jason Chaffetz 2015 Agenda: Stop Internet Gambling and Bomb Iran
Utah Republican Congressman Jason Chaffetz, a co-author of legislation that would ban most forms of online gambling, spoke vehemently in support of Israeli Prime Minister Benjamin Netanyahu’s scheduled speech before Congress on Tuesday.
Las Vegas Westgate Casino Finds Innovative Way to Offer Online Sports Betting in US
The Westgate Casino and Sportsbook in Las Vegas on Monday announced it had entered into a deal that would allow sports betting throughout the U.S.
What’s Everybody Betting On – March 2: Juventus Turin, Warriors, Baylor, Virginia
The Golden State Warriors as a -6.5 visiting favorite in Brooklyn were seeing the heaviest betting action of the day.
The line on this game had come down to -6 but that number was still attracting 75% of the bets Golden State’s way.
Nevada Supreme Court Rejects High Roller’s Appeal Regarding Casino Debts Owed
CARSON CITY, Nevada — (Associated Press) - The Nevada Supreme Court has denied an appeal by a high roller accused of failing to pay $384,000 in gambling debts to four Las Vegas casinos.
Skrill to Exhibit at Daily Fantasy Sports Expo in Miami Beach
Another huge addition to this August’s Daily Fantasy Sports Expo in Miami Beach as one of the world’s largest payment solutions, Skrill , will be a main exhibitor. Skrill, formerly known as Moneybookers, is only second to PayPal in terms of customers in the digital payments solutions sector.
Raphael Wimmer Wins €99,685 and Eureka 5 Rozvadov Title
Last year, we celebrated first ever Slovakian champion. Now Austria gets the honor. Raphael Wimmer scooped the title to become first Austrian tournament to win the Eureka Main Evnet.
Wimmer was rewarded with €99,685 alongside the trophy. He cut a 5-way deal and eventually grabbed the €10k prize left for the champion as he beat Josef Pavelka heads-up.
Final Table of Eureka Rozvadov 2015 Kicks Off
Ruben Pleijster will come back for the final day of the €1,100 Eureka 5 Rozvadov Main Event as a chip leader.
The Dutch collected 3,430,000 chips to lead final 7 players into a battle for €119,200 first prize as well as the Eureka champion title. Raphael Wimmer bagged 2,805,000 to enter the finale 2nd in chips followed by Josef Gulas who will continue with a 2,805,000-chip stack.
Former Top Sheriff’s Deputy Charged for Selling Inside Info on Gambling Probe
GREENVILLE, South Carolina — (Associated Press) - A former top sheriff's deputy in Greenville County faces criminal charges after prosecutors say he sold inside information on investigations in return for payoffs from an illegal gambling operator.
Rastislav Paleta Leads Eureka Rozvadov for Day 3
Rastislav Paleta will enter day 3 of the €1,100 Eureka 5 Rozvadov as a chip leader. The Czech continues to earn from a great form these days, he already made the final table of the 100 Grand Challenge earlier this week to secure a €10,392 payday for a 5th place finish. Paleta is now on a pace to match this result as he leads last 28 players in to the penultimate day of the Main Event. He bagged 1,194,000 and is followed by starting days chip leaders Langar Oghabian (day 1a) and Roman Blaha (day 1b), who both built on their starting position today.
New CNBC Primetime Program ‘American Vice’ Looks at Bookies, Poker World
A new CNBC Primetime show is set to premiere Wednesday March 4 at 10 pm ET.
Get an inside look at the world of illegal gambling. Follow those who walk the line between big risk and big reward every day.
And some of the names cry out “Not Reality Television”.
There’s Cousin Nicky, Joey Terror and Frankie Flatscreen.
WSJ: Amazon Twitch and Online Poker the Perfect Marriage
The Wall Street Journal on Thursday featured an article about Amazon Twitch and how it is betting on Web poker to give the video uploading platform a nice boost.
What’s Everybody Betting On – February 27: Latest NBA, College Basketball Lines
Today’s betting action mostly centered on the NBA even though there are some College Basketball games on tap.
The Golden State Warriors were seeing the most action against Toronto as a -2 road favorite. 86% of those betting this game were backing the Warriors.
FC Bayern Munchen was attracting 80% of the action in their matchup against FC Koln.
€119,200 Waiting for Eureka’s Rozvadov Winner
A record-breaking stand-alone Eureka Main Event attracted 664-entry field and created a €644,080 prize pool. Day 2 will see the bubble burst as 255 players arrived to continue after surviving first day.
93 players are about to get a piece of the pool. The eventual champion will take home a €119,200 while the min-cash is set for €2k. Last year, Martin Meciar from Slovakia scooped the title worth €87,600 after cutting a heads-up deal with Michael-David Passy.
Eureka Rozvadov Gets Stand-Alone Record Hitting 664 Total Players
664 players (including 4 no-shows) bought in for the €1,100 Eureka 5 Rozvadov Main Event to make it the biggest stand-alone event in tour's history.
The King's Casino got very crowded on Thursday when day 1b kicked-off with a total of 427 attendants. On top of that, the debut of the Turbo Re-Entry flight day 1c added another 135 entries to push the numbers even higher.
Betting on the Olympics Now Allowed in Vegas
LAS VEGAS (Associated Press) — Come summer 2016, when the best of the best athletes climb podiums wearing gold, silver and bronze medals, Las Vegas gamblers could very well be counting their green.
Nevada gambling regulators voted Thursday to allow the state's sports books to offer bets on the Olympics for the first time in years.
It was a move unopposed by anyone in the industry and cheered by the regulators themselves. International sports books in Great Britain, Ireland and Australia and offshore Internet sites already allow such bets.
Lefty Rosenthal Home Vegas Home Sells for $777K
A home once owned by late famed casino exec Frank “Lefty” Rosenthal has sold for a cool $777,000.
Curbed.com refers to the house as “about as groovy a 70s time capsule as you’re likely to find adjacent to the Las Vegas Country Club”.
Crubed.com also notes:
Adelson Camp a No-Show at Online Gaming Debate
Washington, DC - At a forum today to openly debate the issue of a federal online gaming ban, representatives supporting the ban, fueled by billionaire casino magnate Sheldon Adelson, failed to appear.
Ladbrokes Posts 9 Percent Fall in Profits
(Reuters) – Ladbrokes (LAD.L), Britain’s second biggest bookmaker, said it intended to maintain its dividend in 2015, defying some analysts' expectations of a cut to help fund marketing costs, as it posted a 9 percent fall in annual profit.
The firm has struggled to keep pace with rivals such as William Hill (WMH.L) and establish itself in a growing online sector, with investment in marketing and product lagging others.
Latest Joe Francis Lawsuit Supports Wynn Accusations of 'Illegal Spending'
Lawyers who are attempting to collect approximately $2.2 million in debts owed by “Girls Gone Wild” founder Joe Francis claim much of that money was spent on his palatial Puerto Vallarta, Mexico estate.
What’s Everybody Betting On – February 26: Thunder, Liverpool FC
While a slow wagering day overall with limited games in the NBA and nominal matchups for the most part in both College Basketball and Soccer, there are still some good games on the board that are seeing decent action.
The Oklahoma Thunder are seeing the most action of any side Thursday with 85% of spread bets coming in on this game going their way. The Thunder were listed early as a -5 favorite.
Malta Set to Host Biggest European Poker Tour Festival Ever Held
ONCHAN, ISLE OF MAN – The PokerStars.com European Poker Tour (EPT) Malta Poker Festival is set to become the biggest event in the history of the Tour, with a record number of tournaments being held and 24-hour cash games running from March 17-28 at the Portomaso Casino.
