Gambling
Gambling Addicted Former Morgan Stanley Banker Gets Life for Killing Wife
A former product controller at Morgan Stanley has been sentenced to life imprisonment by a UK court.
Manas Kapoor, 35, strangled his wife to death the same day he was to attend a disciplinary hearing after it was discovered he had gambled away millions of dollars belonging to the firm.
Kapoor admitted he was £8,000 in debt and was borrowing from friends and family to support his gambling addiction.
7Red.com Becomes Latest Online Casino With Live Dealers
7Red.com, which recently named former Heavy Weight Champion Mike Tyson as its brand ambassador, is the latest online casino to incorporate live dealers. And who knows? Maybe you’ll get to play along side Iron Mike.
Hearing Scheduled on Illinois Gambling Expansion
SPRINGFIELD, Ill. (Associated Press) - The lawmaker seeking approval for expanded gambling in Illinois will conduct several hearings to get public input.
Rep. Bob Rita is a Blue Island Democrat. He said Thursday that the first hearing will be Jan. 28 at the Casino Queen riverboat casino in East St. Louis.
Rita took over the expansion plan last spring after Gov. Pat Quinn vetoed past attempts for lacking ethical and legal safeguards.
Bonanno Crime Family Members Taken Into Custody for Alleged Role in Heist
(Reuters) - Five reported members of a New York crime family were taken into custody on Thursday and charged with crimes including racketeering, murder and the long-unsolved 1978 Lufthansa heist at John F. Kennedy International Airport.
New Jersey Looking at Massive Online Gambling Expansion Beyond its Borders
ATLANTIC CITY, N.J. — (Associated Press) - Two New Jersey lawmakers have introduced a bill that would drastically expand Internet gambling in the state, allowing it to take bets from other states and countries.
New Jersey Online Gambling: Steve Wynn Wants in and Getting Waiver
John Brennan of the Bergen Record is reporting that casino mogul Steve Wynn is about to get a waiver to enter the New Jersey online gambling marketplace. He was not among the original applicants.
Brennan writes:
Gambling Regulators to Watch for Olympics Gambling Cheats
LAS VEGAS (Associated Press) — Olympics officials have asked Nevada gambling regulators to help watch for cheating at the Winter Games in Sochi.
The Nevada Gaming Control Board announced Wednesday that it was partnering with the International Olympic Committee to help prevent match fixing and other kinds of manipulation.
Gambling, Poker Addiction Causes Man to Rob Bank in His Underwear
73-year-old John A. Dougherty of Fort Pierce, Florida, has been jailed for robbing a local bank. He blames the act on his long time gambling addiction.
And Dougherty didn’t just rob the bank, he did the deed in his underwear, so to speak.
Dougherty wore black briefs over his head to conceal his identity.
Reuters: 'Courtsiders' Court Controversy at Australian Open Tied to ‘Betting’ Arrest
(Reuters) - It's the climax of a grand slam singles match and everyone in the crowd is on their feet clapping and cheering - with the exception of one man who remains firmly rooted to his chair.
His interest in the score is as intense as the other spectators but his priority is to transmit the result of each point to someone often several thousand miles away via an electronic device in his pocket.
Daily Beast: Cantor Gaming CEO Lee Amaitis 'Bromance' With Billy Walters Lead to Probe
Following news last week that CG Technology, formerly Cantor Gaming, having settled with the Nevada Gaming Control Board for $5.5 million following an 18-page complaint lodged against that company, the Daily Beast speculated as to why CEO Lee Amaitis remains at the helm.
PokerStars, Bodog May Be Given Green Light by Feds to Accept US Customers
In a shocking new development, the website CalvinAyre.com is reporting that the US Department of Justice will begin to take on a new approach in dealing with those online gambling operators who once took bets from US citizens. The feds are reportedly now accepting corporate pleas and fines to resolve all outstanding charges.
Lesniak Introduces Bill That Will Permit New Jersey to Offer Interstate Online Gambling
New Jersey State Senator Raymond Lesniak (D-Union) has introduced a new bill that would further expand online gambling beyond the state’s borders.
Those establishments hosting their websites out of Atlantic City would be permitted to take bets from other states and countries permitting Web gambling. It is unclear how tax issues would be worked out should such compacts evolve.
Virgin Launches New Jersey Online Gambling Site This Week
Richard Branson wants a piece of the online gambling market in New Jersey as his Virgin Group is set to launch a real money site there this week.
VirginCasino.com is due to launch on Friday. It was one of 15 approved last fall to operate in the Garden State. Governor Chris Christie signed a bill into law allowing real money online gambling sites offering poker, roulette and blackjack.
The Virgin Group has teamed up with the Tropicana and online game maker Gamesys.
How to Deposit Money With Online Gambling Sites From Canada (2014)
With Skrill gone (effective January 31, 2014), sports bettors from the upper portion of North America are wondering how they can still deposit money with online gambling sites from Canada. Yes folks there are alternatives and who better to guide the way than your good friends here at Alberta-based Gambling911.com.
Problem Gambling a Laughing Matter in Ohio
COLUMBUS, Ohio (Associated Press) — The Ohio Lottery Commission is trying to draw attention to serious messages about problem gambling by depicting outcomes of some humorous bets.
The characters in the "I Lost a Bet" media campaign include a bearded man dancing atop a table with rhythmic gymnastics ribbons and another guy wearing a dog costume and crouching in a crowded elevator. The billboard and TV ads refer to the campaign website, where funny scenes precede serious messages about damaging effects of problem gambling.
Judge Reschedules Trial for Those Running Illegal Gambling Operation
Jackson, Miss. (Associated Press) - A federal judge has rescheduled the trial for eight people indicted on charges of running illegal gambling operations in east Mississippi.
The defendants in the case had asked for a continuance, which was granted on Friday. The trial is now scheduled in U.S. District Court in Jackson in May.
Federal prosecutors said illegal gambling was taking place in Meridian at The Snack Shack, The Sports Connection, commonly referred to as "the Log Cabin," and The New Place.
Oklahoma Bookie Gets 27 Month Prison for Illegal Sports Betting, Poker Business
OKLAHOMA CITY—On Friday January 17, 2014, Teddy Dryden Mitchell, 59, of Oklahoma City, was sentenced by United States District Judge David L. Russell to serve 27 months in federal prison for running an illegal gambling operation, announced Sanford C. Coats, United States Attorney for the Western District of Oklahoma.
Meet Asia’s Second Richest Man: Lui Che-woo
Head of Macau casino operator Galaxy Entertainment, Lui Che-woo, remains Asia’s second richest man according to Bloomberg’s Billionaires Index. Only Hong Kong multi-billionaire Li Ka-shing, whose fortune stood at $29.5 billion, is richer.
Judge: Alabama AG Office Can’t Keep Confiscated Gambling Machines, Cash
(Associated Press) - A judge says the Alabama attorney general's office can't keep nearly $94,000 in cash and 376 gambling machines seized in a raid of Greenetrack in 2011.
Circuit Judge Houston Brown ruled Wednesday that the state waited too long to file correct paperwork seeking forfeiture of the cash and machines seized in the raid of the Greene County gambling business on June 1, 2011.
The judge said the state's 13-week delay made the forfeiture complaint ineffective.
Pennsylvania Casino Industry Sees Decline
(Associated Press) - Gamblers at Pennsylvania casinos continued to hit the tables in a big way last year, but all those hands of blackjack and spins of the roulette wheel still weren't enough to prevent the industry from suffering its first overall revenue decline since casino play began in 2006.
London Affiliate Conference 2014 Registrations Massively Up (Video)
Alex Pratt of London Affiliate Conference (LAC) tells CalvinAyre.com the event is so far seeing record numbers over past years.
“We are seeing between 50 and 100 registrations per day,” he relayed.
The event, now celebrating its 8th year, will take place on February 7-9 (2014). Over 3000 people attended last year’s LAC with that number to be higher this year, based on Pratt’s estimates.
Borgata President Dismisses Early Online Gambling Results in New Jersey (Video)
Atlantic City casinos reported online revenue of $8.4 million this week for the first two months of legalized Web gambling in the Garden State.
With New Jersey forecasting revenue of $1.2 billion, many pundits found the early numbers disappointing.
Tom Ballance, Borgata president & COO, broke down the online gambling numbers and explained what obstacles online gaming has faced so far.
Man Accused of Australian Open Betting had Device Stitched in Shorts
A 22-year-old British man arrested for illegal gambling from the stands of the Australian Open had a device stitched into his shorts that allowed him to transmit real time information to gambling syndicates.
Irish Bookmaker Paddy Power Sent Baby Clothes, Whiskey to North Korea Dictator
Ireland’s biggest bookmaker, Paddy Power, reportedly sent North Korean dictator Kim Jong-un baby clothing and Irish whiskey last month.
Paddy Power financed former NBA player Dennis Rodman’s trip to the “Hermit Kingdom”. They have since severed ties with Rodman.
A company statement read: “Here’s what Paddy Power No.2 spokesperson Rory Scott brought to North Korea on his pre Christmas trip as recommended by our protocol advisor - an Irish whiskey set, a traditional baby dress and a handbag.
‘Operation Pork Chop” Gambling Defendants Arraigned
The last of 16 individuals indicted for running an illegal gambling operation last September were arraigned this Tuesday in Allegheny County (Pennsylvania) Common Pleas Court. All but two of the individuals are charged with conspiracy. Some face other charges such as illegal gambling.
Courtside Betting Crackdown at Australian Open: Arrest Made
Police have arrested a British man and are seeking a “series of individuals” suspected to be ‘courtsiding’, or placing bets illegally on spot events to corrupt gambling markets, on tennis matches at the Australian Open.
A 22-year-old was arrested during a game at Melbourne Park on Tuesday and charged with one count of “engaging in conduct that would corrupt a betting outcome,” deputy commissioner Graham Ashton told reporters in Melbourne on Wednesday.
Robert Gustafsson the Bodog Raid Instigator: Hungry Tigers, Smashed Penises, Oh My
The murky drama surrounding the November raids on Bodog Asia's Manila offices got a little clearer last week after CalvinAyre.com posted a copy of the affidavit that led to the raid. Turns out the affidavit was signed by former Bodog Asia CEO Robert Gustafsson.
British Bookies Lose $30 Million With Top 7 Premier League Club Wins
(Reuters) - Britain's bookmakers were left nursing losses totalling up to 30 million pounds ($49 million) on Tuesday after the top seven teams in English soccer's Premier League all won their latest round of matches.
Breaking News: Online Gambling in New Jersey Sees $8.4 Million Gambled
$8.4 million has been gambled online in New Jersey since the Garden State launched real money online gambling in late November, according to figures released Tuesday afternoon.
Borgata Hotel Casino & Spa far outpaced the other six Atlantic City properties in online gaming revenue, bringing in $3.7 million, nearly half of the total. Ceasars Interactive Entertainment, which operates online gambling through the Bally’s and Caesars properties in Atlantic City, came in next at $2.4 million.
Casino Magnate Sheldon Adelson Keeps Getting Richer: Adds $14.4 Bil to Net Worth
Sands of Las Vegas Chairperson Sheldon Adelson has just added $14.4 billion to his net worth. He was already among America’s richest billionaires.
He’s now the richest casino billionaire according to Forbes.
No.1 Sheldon Adelson, $39 billion
