Gambling
Man Who Blew Up Home Over Gambling Debts Wanted to Buy Ferrari Afterwards
SOUTH BEND, Ind. (Associated Press) — A man accused of blowing up his Indianapolis home for the insurance money, killing two neighbors and devastating a neighborhood in the process, told a former friend some days before the explosion that his house had blown up and that he wanted to buy a luxury car, the ex-friend testified Monday.
Mark Duckworth said Mark Leonard told him that strong winds had caused the explosion, but that the story didn't ring true.
What’s an Overlay in Daily Fantasy Sports Contests?
Occasionally you may come across Daily Fantasy Sports sites touting so-called “Overlay Alerts” in promoting one of their many contests.
An overlay in Daily Fantasy Sports is the difference between the total guaranteed prize pool being offered by a website and the actual number of paid entries. Said site has to put the money into the prize pool itself to make up for the difference.
Poker Players Continue to be Questioned in Slain Tycoon’s Death
Four poker players who remain suspects in the murder of a wealthy nightclub owner have been brought back for questioning.
The individuals reportedly owed a Bt4-million gambling debt to Thai tycoon Somyot Suthangkool.
The suspect list is not limited to just these poker players, however. Somyot's office had been handling 10 lawsuits, most of which were drug-related.
Women’s World Cup Final Costs Sportsbook a Fortune: Handle More than Doubled
Okay so Sportsbook.ag got slaughtered by Sunday’s Women’s World Cup Final, but the numbers still left a lasting impression.
Atlanta Could be Getting its First Casino
MGM Grand has its sights set on building a casino in downtown Atlanta.
Clark Dumont, a spokesperson for the company, confirmed to FOX 5 News that they have a "extremely preliminary" interest in developing a property in the downtown area.
"We have no active discussions on any sites," he said via e-mail. "The legislative and voter deliberation and voting process, for which we have deep respect, need to occur first."
PlayMLF.com to Become 360FantasyLive.com
Recently acquired PlayMLF.com is soon to be rebranded as 360FantasyLive.com.
'Crack Cocaine' Machines Help Make Bookies £1.6bn
Try as they might, those opposed to the so-called “crack cocaine of gambling fixed-odds betting terminals in the UK have had little luck getting rid of the machines….and with good reason.
Tory MP Zac Goldsmith Backed Bookie Fitzdares Limited Near Going Bust
An upstart bookie firm baked by Tory MP Zac Goldsmith is on the verge of going bust after losing £115,000 in the 12 months to June 30 last year.
Investigation to be Launched Into Bet365 Skirting Around Live Betting Law
The online sports betting site Bet365 is forbidden from taking live bets over the Internet but that hasn’t stopped them from doing so using an interesting loophole, one that could ultimately get them into hot water.
The restrictions are in place in Australia.
Police Chief Blows Funds From DEA Gambling at Casino: Faces Charges
WASHINGTON, Pennsylvania — (Associated Press) - A police chief who resigned after nearly 40 years as an officer in a southwestern Pennsylvania township faces an October non-jury trial on charges he blew $10,000 from a federal Drug Enforcement Administration fund at a casino.
Former Cecil Township chief John Pushak waived his right to be tried by a jury at a pretrial conference Thursday in Washington County, where he's now scheduled to stand trial starting Oct. 1.
Feds Won’t Appeal Poker Pro Paul Phua Gambling Case After Rights Violation
Federal prosecutors have confirmed they will not be appealing a judge’s dismissal of an illegal gambling case against wealthy businessman Paul Phua. Daniel Bogden, Nevada U.S. Attorney, confirmed this news to the Las Vegas Review Journal on Thursday.
Philadelphia Mob Boss Set to Tell His Story in ‘Lost Lives and Forgotten Vows’
90’s Mob boss Ralph Natale will tell his story in “Lost Lives and Forgotten Vows”, due to be published in the Fall of 2016.
Natale ran the Philadelphia Mob during the mid-1990’s and would later serve 11 years behind bars for financing drug deals.
Witness Testifies Ex Blew Up Home That Killed Two to Pay Off Gambling Debts
SOUTH BEND, Ind. (Associated Press) — An Indianapolis woman whose house exploded, killing two people, testified Wednesday during her former boyfriend's trial that he was determined to burn the home down for insurance money and became angry when the first two attempts failed.
League of Legends Online Betting for US Customers Premiers July 4
The first US facing online sportsbook, appropriately named Sportsbook.ag (.com if you prefer) will be debuting eSports betting this weekend. League of Legends betting will now be a regular offering at Sportsbook.
Sportsbook.ag First US-Facing Sports Betting Site to Offer eSports Gambling
Sportsbook.ag has revealed it will begin offering betting on eSports following increasing demand to do so.
They will become the first US-facing online sports betting site to do so.
Gambino Crime Family 'Made Man' Guilty in Murder of Miami Subs Founder
After two days of deliberations, jurors have found alleged Gambino Family mobster Anthony “Big Tony” Moscatiello guilty in the murder of South Florida businessman and Miami Subs restaurant franchise founder Gus Boulis.
Moscatiello was found guilty of first-degree murder and conspiracy to commit first-degree murder. He is facing the death penalty when sentenced on September 15.
Prosecutors claim that the Gambino Crime Family ordered Boulis killed over a dispute related to control over his SunCruz Casinos boat fleet.
Lawsuits Claim Abuse at Tribal Casinos: Card Counters Take Action
MASHANTUCKET, Conn. (Associated Press) — For gamblers skilled at counting cards, it can be especially risky to play at America's tribal casinos: Those who have gotten caught tell stories of seized winnings, wrongful detentions, or worse.
Casino bosses everywhere have ways of making so-called "advantage players" feel unwelcome, regularly tossing and blacklisting them. But gamblers have limited options to press claims of mistreatment at Native American-owned properties, which generally are shielded from lawsuits in outside courts by laws recognizing tribes' sovereignty.
Attorney Who Led $300 Million Gambling Ring Wants Case Thrown Out
DAYTONA BEACH, Fla. (Associated Press) - An attorney convicted of leading a $300 million gambling ring that used a veterans charity as a front is asking an appeals court to throw out his 6-year prison sentence.
Sex, Drugs and Gambling: How to Pay for Your College Tuition
A shocking survey conducted by Save the Student revealed this week that one fifth of university students have had to resort to gambling, the drug trade and even prostitution to pay their skyrocketing tuition bills.
Casino Stocks Rise as on Good Macau News: Market Bloodbath Wednesday?
Tuesday we had the first good news surrounding the Macau gaming sector in quite some time as a number of casino companies with exposure there saw their stock prices rise.
Las Vegas Sands Corp, Wynn and MGM all witnessed upward momentum on Tuesday following news that the Chinese gambling enclave will start to relax visa requirements.
Betting in Macau has been in steep decline amid a government crackdown on corruption, with gambling revenue slipping 24% in the 12 months through May.
Dallas Mavs Owner, ‘Shark Tank’ Investor Takes a Chance With eSports Gambling
Dallas Mavericks owner and “Shark Tank” star Mark Cuban announced he has invested in Seattle-based eSports online gambling site UNIKRN, injecting a cool $7 million into the firm. The company’s total secured funding is now at $10 million.
Bitcoin Online Gambling Site Primedice Hacked for One Million Dollars
Bitcoin online gambling website Primedice.com claims it was hacked out of $1 million and has offered a reward to anyone who can locate the culprit and all stolen funds. The player reportedly exploited its random number generator last year. The site identified the alleged Bitcoin thief as one Hufflepuff. This individual was said to be betting upwards of $8,000 in bitcoin every second for hours.
“Our entire team was shocked that Hufflepuff continued to beat the house edge (1%) and stack up more and more profit over time,” a Primedice.com spokesperson said.
Phil Mickelson Implicated in Gambling Case: Won’t Face Charges
Golf great Phil Mickelson has been tied to a $2.75 million gambling case, according to ESPN. Mickelson has not been charged with any crime and is not under investigation.
From the San Diego Union Tribune:
White Label Daily Fantasy Sports Platform Development Becoming Big Business
While much attention has been paid over the past year to Daily Fantasy Sports websites offering contests, the true beneficiaries of this industry may very well be the white label Fantasy Sports developing sector.
“We constantly notice searches for Daily Fantasy Sports software inquiries here at Gambling911.com,” notes Payton O’Brien, Senior Editor of G911. “This tells us there are probably hundreds, if not thousands, of people looking to enter the burgeoning industry.”
Australian Politics Infiltrated by Italian Mafia, Investigation Suggests
In a shocking report published Monday, it was revealed that Italy’s Calabrian mafia, known as 'Ndrangheta, used a number of well-known donors to parties on both sides of the Australian political divide to legitimise its activities.
Billionaire Who Blew Millions Gambling Blames the Devil: Won’t Pay Casino
A billionaire who gambled away £2million at London’s Ritz Casino is now refusing to pay his debt, claiming the devil made him do it.
The 52-year-old business mogul Safa Abdulla Al Geabury made that claim to a psychiatrist and it was presented to the High Court.
The frenzied gambling spree occurred in February of last year. Mr. Al Geabury claims the urge to gamble was as if he had been possessed and that the casino should have stopped him instead of continuing to offer a £5million credit line.
Macau Gambling Junket Operator Accused in Money Laundering Probe
(Reuters) - A storied Macau junket operator, who has been the focus of a lengthy police investigation, has been accused of laundering HKD1.8 billion (USD232 million) through bank accounts in Hong Kong, according to court documents released this week.
Cheung Chi-tai, a former major shareholder of one of Macau's biggest junket operators the Neptune Group, is facing three separate charges of money laundering.
In November last year, the Hong Kong police launched a money-laundering investigation related to Cheung and had frozen his assets.
Nintendo Steps Back Into eSports Space
(Gambling911.com Sports Wire) – Nintendo was among the first gaming companies to embrace eSports back in 1990. This is when Nintendo introduced the Nintendo World Championships. Soon after, the company abandoned that market. But eSports is more than ready for primetime this go-around and Nintendo has jumped back on the bandwagon effective last year.
DraftKings Loses Disney: Looking to Raise Another $250 Million
(Gambling911.com Fantasy Sports Wire) – DraftKings.com, the Boston-based Daily Fantasy Sports company considered second largest in the world, has entered into a lucrative marketing deal with ESPN, however, that sports channel’s parent company, Disney, has opted not to invest in the company.
RAWA Online Gambling Prohibition Bills Gains Little Traction in Congress
(Gambling911.com News Wire) – South Carolina Republican Senator Lindsey Graham and Utah Republican Representative Jason Chaffetz this week introduced legislation that would ultimately ban most forms of Web gambling at the federal level. But their bill has failed to gain much traction in either chamber of the U.S. Congress.
