Gambling
14 Arrested in Phoenix for Running Illegal Gambling Business
PHOENIX — (Associated Press) - Authorities say 14 people have been arrested after two search warrants were served at illegal gambling businesses in Phoenix.
Hockey Player Gets Home Confinement for Role in Illegal Sports Betting Ring
Rochester, N.Y. — Grand Rapids Griffins player Nathan Paetsch has sentenced to eight months of home confinement for being part of an illegal sports betting business that took wagers from other players.
Paetsch (paytch) also must perform 400 hours of community service and spend five years on probation following his sentencing Friday in federal court in Rochester.
Bookies Behaving Badly Part 5: Shill Edition
When it comes to bookies behaving badly, few were as slimy or sleazy as the one nicknamed "The Shill"--Steve Schillinger.
The nickname was of twofold origin--"Shill" of course was short for Schillinger and was a nickname since youth, but shill is what he did as a bookie and so became just as relevant.
Gaming Commission Dismisses ‘AG Wire Tap Room’ Access Claims Against Steve Wynn
BOSTON — (Associated Press) - The top investigator for the Massachusetts Gaming Commission says allegations that retired members of the State Police working for Wynn Resorts had access to a "wire-tap room" in the state attorney general's office are false.
The Republican reports (http://bit.ly/1OeJWlp) that Karen Wells, the agency's director of investigations and enforcement, said Thursday an investigation found "no factual basis" for the accusations.
FanDuel Outgrows Its Space: To Pay $3.3 Million for New Office
Well we guess they can afford it. Our sister site DFS911.com has a feature up regarding FanDuel’s move to a plush new Madison Avenue address.
Sheldon Adelson Recruits Famed Attorney to Help With Suit
LAS VEGAS – (Associated Press) - Famed attorney Alan Dershowitz was recruited by Sands China Ltd. on Tuesday to argue that Nevada's Supreme Court should dismiss a wrongful termination lawsuit filed by the company's former CEO five years ago.
Online Casino Wagering
The online gaming world is still new and unknown to many players. For this reason many are afraid to try the games as they don’t know how it works. With so many different games available and the options they offer, it may be strange, but it’s definitely worth finding out and giving it a try. The games are easier than land based games and give you more features. The online casinos give you the options to get funds into your account hassle free. In this article players will discover how easy it is to make deposits and how wagering works.
America's Bookie - Providing Sports Bettors with More Ways to Win for 10 years
Starting with a 100 percent free bet bonus on any initial deposit of $100 or more all the way to a BetPoints reward incentive that covers almost all of your online betting activity, America's Bookie has designed these promotions with the sole purpose of giving its customers more ways to win than any other online sportsbook
Ashton Kutcher Becomes Latest Investor in eSports Betting Site Unikrn
Hollywood celebrity Ashton Kutcher has become the latest investor to put his money into eSports online betting pioneer Unikrn.
Last month, Dallas Mavericks owner and “Shark Tank” investor, Mark Cuban, put $7 million in venture capital into the Seattle-based company.
Irish Gambler John McManus Demands $5.22 Million Tax Refund From IRS
An Irish gambler is demanding a $5.22 million tax refund from the IRS and to that we say “good luck”.
What if you’re an Irish bigwig who won $17.4 million gambling in the U.S., and the payor incorrectly sent $5.22 million to the Internal Revenue Service as withholding?
Jimmy Snuka Charged in Girlfriend’s Murder 32 Years Later: Odds on His Fate?
Oddsmakers may be tempted to pull the trigger on this one. There is definitely a demand for Court outcome wagering though sportsbooks over the years have shown a reluctance to offer bets that have any tie to murder.
Good Lord: Priest Charged With Stealing $151K for Gambling Addiction
WICHITA — (Associated Press) - A Kansas priest has been charged with alleging stealing nearly $151,000 from his two parishes and the Catholic Diocese to fund his extensive gambling.
A criminal information filed Tuesday in U.S. District Court in Kansas charges Father Thomas H. Leland with bank fraud. The court issued a summons for a Sept. 23 initial appearance.
Macau Gambling Revenue Continues to Plunge
Gambling revenue in Macau plunged 35.5 percent in August from a year earlier, sliding for fifteen months in row as China's slowing economic growth exacerbated a slump caused by a broader crackdown on conspicuous spending.
Casino revenues in the world's biggest gambling hub dropped to 18.6 billion patacas ($2.3 billion) a year earlier, matching the 18.6 billion patacas in June, according to data released by the Macau government on Tuesday.
Analysts had forecast a decline of around 36-38 percent.
Battle for Bwin.party Continues With 888 Upping Its Bid
Online gambling firm 888 Holdings Plc (888.L) stepped up the battle for Bwin.party Digital Entertainment Plc (BPTY.L) on Tuesday, submitting a revised takeover proposal as it looks to see off rival interest from GVC Holdings Plc (GVC.L).
Indicted Gambling Guru Obtains New Attorney: May Ditch ‘Insanity’ Defense
Adam Meyer, the self-professed “Gambling Guru to the Stars”, is seeking a new attorney.
Meyer was charged late last year with running an elaborate sports handicapping fraud scheme whereby he attempted to extort $25 million from a Wisconsin businessman.
And the State With the Highest Gambling Embezzlement Rate is...
Which U.S. state do you think has the highest gambling embezzlement rates in the nation? Is it:
Nevada Casino Win Down 1 Percent
CARSON CITY, Nev. (Associated Press) -- Baccarat revenues in Nevada casinos continue to disappoint, but better showings among slot machines are helping reduce the hit in state gambling revenues.
The Nevada Gaming Control Board reported Friday that Nevada casinos kept nearly $923 million of what was gambled in July, a figure that's 1 percent down from the same month last year. That comes as baccarat revenues fell 23 percent to $104 million.
Wayne Root to be Executive Producer of New Investigation Discovery Series
The former 2008 U.S. Vice Presidential nominee on the Libertarian ticket, Wayne Root, will act as Executive Producer for a new true crime show to debut on Investigation Discovery.
Root, who is also a contributing writer to the Gambling911.com website and best selling author, was given the green light this week for his idea by the popular cable network.
Bookies Behaving Badly Part 3 – The Lawsuit Edition
When country crooner Johnny Cash sang about "A Boy Named Sue," he wasn't referring to pioneer offshore bookmaker Dennis Atiyeh.
But he could have been.
Atiyeh, to many, was one of the original "bookies behaving badly."
He was a real-life "Dennis the Menace" to those who crossed him, ready to file a devastating lawsuit at the drop of a hat against anyone who got in his way.
Ivey Accuses Borgata of Plying Gamblers With Free Booze Served by Sexy Servers
(Associated Press) — A professional gambler accused of cheating an Atlantic City casino out of $9.6 million by seeking an unfair edge at cards says the casino has its own method of gaining an advantage: plying gamblers with free booze served by flirty, scantily clad waitresses.
Bwin.party Asks GVC for Best Offer: Prepared to Dump 888
Reuters is reporting that key aspects of GVC’s proposal to buy publicly traded online gambling firm Bwin.party for approximately 1 billion pound ($1.55 billion) have been met.
FanDuel Ads Debut on CNN During Big Breaking News Day
FanDuel, the world’s largest Daily Fantasy Sports site, began airing ads on CNN Wednesday for the first time, our sister site DFS911.com reports.
The FanDuel ad claims players can win $1 million with just a $5 entry. The firm received $250 million in fresh investment money earlier in the month and planned to use these funds for contests and marketing.
Paddy Power, Betfair to Merge by 2016: Become Europe’s Top Gambling Venture
(Reuters) - Betfair and Irish rival Paddy Power have agreed in principle on a 5 billion pound merger to stake a claim to leadership of the online gambling market in Britain.
Crackdowns in Chinese Gambling Hub Macau Continue With 17 More Arrests
HONG KONG (Reuters) - Police in the global gambling hub of Macau have arrested 17 people this week after raiding pawn shops thought to be easing the illicit flow of money from China, whose slowing economy is prompting authorities to try and curb capital flight.
Unsolved Mysteries of the Gambling World Part 1: The Cantor Curse?
When one thinks of Cantor Gaming, the first thing that might not come to mind is the tragic events of 9-11 when two planes were flown into New York’s World Trade Center buildings. Those buildings ultimately collapsed and 2,996 lost their lives.
Federal Ban on Sports Betting Upheld by Appeals Panel
ATLANTIC CITY, N.J. (Associated Press) — The federal ban on sports betting in all but four states was upheld Tuesday, dealing a blow to New Jersey's latest effort to expand gambling options to help its struggling casinos and racetracks.
But the 2-1 ruling by a panel of the 3rd U.S. Circuit Court of Appeals in Philadelphia left the door open for New Jersey to further appeal the matter to the full court.
Cyber Terrorism Strikes Major Horse Betting Site Xpressbet
Xpressbet, one of the largest U.S.-based online horse racing betting sites, disclosed this week that they were the latest victim of cyber terrorism.
The attack occurred Saturday August 22, considered the biggest day of the week for horse racing in the United States. It was also the day of the all-important $1 Million TVG Pacific Classic (gr. I) from Delmar.
How Bitcoin Works
What is Bitcoin? How do they work? Why they are gaining so much popularity? These are some questions which come into mind when we talk about Bitcoins. Bitcoins are a form of currency which is decentralized. Means that Bitcoins are crypto currency and government does not regulate them nor any financial institutions are involved. Bitcoins are preferred by most of people; the reason being it does not require any paperwork and long formalities like presenting ID proof and other documents as we need to open a bank account.
Caesars Entertainment to Pay $20 Million to Settle Anti-Money Laundering Lapses
Caesars Entertainment has agreed to pay $20 million to settle U.S. charges related to anti-money laundering lapses, it was revealed this week.
From the St. Louis Post-Dispatch:
DraftKings Teams Up With Bad Boy Dan Bilzerian: Let Them Eat Unicorn Cake
One of the behemoths in Daily Fantasy Sports, DraftKings.com, has decided to team up with one of poker’s most colorful characters, Dan Bilzerian.
