Gambling
Chavit Singson the ‘Gangster Governor’ Linked to Gustafsson Gang
In another Gambling911.com World Exclusive and part of an ongoing special investigation, we can now reveal that our sources on the ground in Manila have been able to uncover several links between the so-called “Gangster Governor” Chavit Singson and the former Bodog employees recently indicted in the Philippines for Qualified Theft and the latest charge of Car Napping/Conspiracy. View the most recent indictment here.
9 People Shot, Two Dead at Detroit Barber Shop That Doubled as Gambling Den
Nine people were shot with two pronounced dead following a shooting at a Detroit barbershop known for being a gambling den. The shooting occurred at approximately 6 pm local time at Rockies Barbershop .
Per Head Businesses Still Going Strong Heading Into Basketball Season
The Football season may be nearly halfway over (hard to believe) but that hasn’t stopped the demand for per head businesses, especially with the new basketball season kicking into full gear.
Per head operations, based outside the US, have become the norm for managing local bookmaking operations across the globe.
New York State Casino Expansion Approved by Voters
Election Day 2013 results included a win by New York gambling proponents on Tuesday after state residents voted in favor of an initiative for casino expansion.
The decision permits as many as seven Las Vegas-style casinos, with four in the first seven years, all of them upstate in an effort to draw New York City residents and tourists to the region.
Judge Denies SC Bookie Convicted of Killing Wife New Trial
An Irmo, South Carolina bookie convicted for the 2012 shooting death of his wife has been denied a new gambling trial.
Attorneys for Brett Parker filed the motion after a key witness, Ben Staples, was charged with fraud. The Securities and Exchange Commission (SEC) alleges that Staples was part of a scheme to defraud funds from terminally ill patients.
Casino Wants Part of Lindsay Lohan Halloween Party Money Back Due to Tardiness
Officials at Connecticut’s Foxwoods Casino are demanding a partial refund from troubled actress Lindsay Lohan after she failed to show up on time for a Halloween party.
The casino paid Lohan $50,000 to host the party last Thursday, according to reports.
The actress eventually appeared alongside champion boxer and big time sports bettor Floyd Mayweather, Jr. to judge a costume contest.
And just how late was Ms. Lohan?
Study Finds That Brains of Gambling Addicts Present Abnormalities
University of Granada researchers have analysed similarities and differences in psychological profile and brain function when comparing cocaine addicts and gambling addicts. The study reveals that gambling addicts present brain function abnormalities affecting their decision-making capacity.
Robert Gustafsson Slapped With Second Indictment re: Alleged Embezzlement
Another Gambling911.com world exclusive as we have learned that late Tuesday evening (Philippines time) that the Global Internal Audit (Asset Management Group) investigating the alleged embezzlements by former Bodog director Robert Gustafsson and his so called "Swedish Mafia" have leveled yet another indictment against Gustafsson, former CFO Arleen Aldaba, Sherwin Quiambao and Sylvia De Guzman.
No Way Around Las Vegas Style Casino Gambling Coming to South Florida
Editorial cartoonist Chan Lowe of the Sun Sentinel has proclaimed the obvious: big name brand casino gambling is coming to sunny South Florida, and we’re not just talking Tribal casinos.
State politicians are hunkering down and working on bills to help bring Las Vegas style casinos to the Sunshine State.
Oddsmakers Way Off on Twitter IPO
PaddyPower.com, the Irish bookmaker, had been offering odds of Twitter’s IPO coming in between a value of $15 billion and $20 billion. That was the favorite one month ago and it appears they may have been a little bit off.
Just 30 days ago, initial public offering experts were floating a market capitalisation for Twitter of around $10 billion
Chavit Singson Claims to be Victim of the Robert Gustafsson Gang
We have a new reader on Gambling911.com, it’s rumored the former Governor of Philippine province Ilcos Sur Luis ‘Chavit’ Singson really liked that we chose a picture of him next to his favorite pet tiger. Multiple sources also allege that Chavit Singson has stated Robert Gustafsson, Patrik Selin and their so-called "Swedish Mafia" had swindled him out of $3 Million US.
Bookies Celebrate New Orleans Saints Loss to Jets
With the New Orleans Saints outright loss to the New York Jets, bookies made out like bandits Sunday. The Saints were seeing the most wagering action of any other team in the NFL Week 9.
More than 85 percent of those betting the Saints-Jets games were backing New Orleans.
The Dallas Cowboys were another public favorite on Sunday and, while they did manage to win outright, the Cowboys failed to cover the -10 point spread.
Legends Sports Money Transfer Point Person Pleads Guilty
A female employee of the now shuttered online sportsbook Legends Sports has plead guilty in a New York federal court to laundering $8 million.
Nevada Casino Winnings Up 7.4 Percent in September
CARSON CITY (AP) — Nevada casinos won $958.8 million from gamblers in September, representing a 7.4 percent increase over the same month last year due largely to big betting on baccarat and luck that favored the house, state regulators said Thursday.
MGM Resorts 3rd Quarter Loss Narrows
LOS ANGELES - (Reuters) - MGM Resorts International posted a narrower third-quarter loss on Thursday and was optimistic about a planned new casino in Massachusetts, although lower-than-expected margins at its Chinese and Las Vegas operations disappointed some analysts.
MGM's net loss slimmed to $31.9 million, or 7 cents a share, from $181.2 million, or 37 cents, a year earlier. Excluding items, analysts, on average, looked for a loss of 3 cents a share, according to Thomson Reuters I/B/E/S.
Revenues rose 9.2 percent to $2.46 billion.
Divorcing PartyGaming Founders Sell Stake in Gambling Firm Ahead of NJ Bid
Two of online gambling’s richest people are divorcing and will also be giving up their respective shares in bwin.party, the world’s largest digital gambling firm.
Rats Could Provide Breakthrough for Curing Gambling Addiction
Gambling addiction could soon be cured thanks to our furry little friend, the rat.
Advocates Worry Over Veteran Gambling Addiction
NEW HAVEN, Conn. (Associated Press) — Advocates for gamblers struggling with their addictions are turning their attention to military veterans.
Counselors and other specialists told a Connecticut conference on Wednesday that helping veterans is difficult because few acknowledge they have a problem and seek help.
Second Hearing Planned for Florida Gambling
LAKELAND, FL (Associated Press) — Will the Sunshine State take a gamble on gaming?
Florida state senators are holding the second of four public hearings about the future of gambling in the Sunshine State.
More than 50 people have signed up to testify Wednesday during a meeting that will be held at the George Jenkins High School auditorium in Lakeland.
The Senate Gaming Committee will also hold hearings next month in Jacksonville and Pensacola.
Delaware Ready to Go With Halloween Launch of Online Gambling
DOVER, Del. (Associated Press) — Delaware lottery officials are beginning real-stakes Internet gambling in Delaware with an element of secrecy.
State lottery director Vernon Kirk said Tuesday that officials will conduct a “soft launch” of online gambling on Thursday with a select group of preferred players.
He refused to say who those players are, how they were selected, or how many there are, saying state officials have decided to keep that information confidential
More Gambling High Rollers Paying Up as Economy Improves
(Associated Press) - How do you know the economy is coming back? High rollers are paying their gambling debts.
All four major U.S. casino corporations bumped up their allowances for bad debt during the recession, with one company estimating that fewer than half of outstanding debts would be repaid. Now, companies have lowered their estimates to pre-recession rates.
Price Per Head Betting - Wins by Favorites Have Sportsbooks Frowning
It is no secret that most Price Per Head bettors are also favorite bettors. That's the way the public is. They bet favorites.
And as most people at WagerHome.com can tell you, the constant challenge is to be able to put up numbers that allow for enough underdog play to get a decent balance on the books.
Cantor Gaming Claims Former Director Acted Alone: US Gov Investigation Ongoing
The New York Times on Tuesday unveiled a lengthy investigative piece into Cantor Gaming and the ongoing investigation into potential improprieties surrounding the firm.
Neuberger Berman Investor Denied Details of Probe re 888 Holdings
A three-judge panel found that Benjamin Gamoran, a Neuberger Berman investor, is not entitled to see the full details of a probe the asset manager's board of directors performed into the late 2005 acquisitions of 888 Holdings PLC and Neteller PLC, according to Law360.com.
Police Officers Prevented From Accessing Porn, Gambling Sites 2500 Times
Police officers from Devon and Cornwall were prevented from accessing pornographic and gambling websites more than 2500 times over a three month period, an investigation revealed.
Police were found to be attempting to access porn sites 700 times and gambling sites 2000 times between the months of June and August but were blocked from doing so.
The police force claims that pop up ads on legitimate websites were to blame.
Mickey Mouse, Disney Caught Up in Florida Casino Scandal
Mickey Mouse and the rest of the Disney gang were red-faced this weekend after the New York Times outed the family theme park company for its apparent role in Florida gambling.
The Times reported that a portion of the profits derived from licensing Spider-Man and Iron Man slot games went right back in the pockets of Disney World in Orlando, Florida. The Walt Disney Company acquired the Marvel brand comics and associated branded characters for $4 billion in 2009.
And here is where the situation gets especially convoluted.
Steve Wynn Intensifies Disenchantment Over Massachusetts Gambling Policy
BOSTON (Associated Press) — Steve Wynn, the Las Vegas casino operator hoping to build a $1.2 billion gambling resort near the banks of the Mystic River in Everett, is criticizing the tough state regulations facing firms like his bidding for the right to build gambling facilities in Massachusetts.
He said any other business offering to create hundreds of jobs and spend billions of dollars would get a much warmer reception from state officials.
Casino Billionaire, GOP Donor Sheldon Adelson Wants Nuke Attack on Iran
Aging Las Vegas casino billionaire and one of the biggest donors to the Republican party, Sheldon Adelson, wants to bomb Iran….with a nuclear weapon no less.
This comes at a time when Iran and the US have entered into one-on-one diplomatic talks for the first time in more than 30 years.
But don’t tell that to Adelson.
Payday Loans Scrutinized in US, UK: Fuel Footballers Gambling Addictions
Federal regulators need to stop banks and payment processors from helping internet and tribal payday lenders collect illegal payments, consumer and civil rights groups urged today. That was the plea issued by the nonprofits National Consumer Law Center, The Center for Responsible Lending and The Consumer Federation of America.
Wynn Not Happy With Massachusetts Casino Licensing Process Either
Steven Wynn, the billionaire founder of Wynn Resorts, expressed disappointment with Caesars Entertainment Corporation’s decision to pull out of a Boston, Massachusetts casino project.
Caesars cited an excruciating licensing process that included mulling over a now-settled dispute with a high-roller over millions in gambling debts and questions regarding the company’s current head of its interactive division who once worked for one of the world’s largest online poker firms.
Wynn himself is pursuing a casino in nearby Everett, Massachusetts.
