Gambling
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.
Robert Gustafsson Gang Charged with Theft in Philippines: G911 World Exclusive
Gambling911.com has exclusively obtained the first of what is expected to be many Theft charges to be filed against former Bodog executive Robert Gustafsson, Sylvia Bernadette Gonzales de Guzman and Sherwin Quiambao by the Philippines Department of Justice Office of the City rosecutors in Makati City. YOU CAN VIEW THE COMPLAINT-AFFIDAVIT HERE OBTAINED EXCLUSIVELY BY GAMBLING911.COM
Massachusetts Regulators Release Details of Objections to Caesars: Garber Responds
Massachusetts regulators have released details on their background investigation that led the group proposing a casino at Suffolk Downs to end its partnership with Caesars Entertainment, according to an Associated Press piece.
From The AP:
Betfair Joins Forces With Trump Plaza to Offer Online Gambling in NJ
ATLANTIC CITY — (Associated Press) - Trump Plaza is partnering with British company Betfair to offer Internet gambling once it begins in New Jersey next month.
Betfair is one of Britain’s largest online betting companies, and it owns TVG, the platform provider for 4NJBets. That is the only horse racing account-wagering platform available to New Jersey residents.
Clemson QB Tajh Boyd: No Idea Where $80k Gambling Debt Rumor Came From
Clemson starting quarterback Tajh Boyd shot down rumors that surfaced this past weekend that he owes $80,000 in gambling debts primarily from betting the NFL.
Gibraltar to challenge UK gaming restrictions
Gambling firms in Gibraltar are fighting back against the UK Gambling Bill, which was announced in the Queens Speech back in May. The tax changes are due to pass into law in March of next year and propose that gambling firms should be taxed on a ‘place of consumption’; (PoC) basis rather than on their ‘place of supply’.
‘Suitability’ of Caesars CEO Questioned in Massachusetts With Federal Probe Ongoing
Updated October 24, 2013: Gambling regulators in Massachusetts questioning the suitability of Caesars CEO of Company Acquisition, Mitch Garber, did not contribute to that company’s decision to withdraw a gaming license application in the state.
Mr. Garber offered this clarification to Gambling911.com following a report featured on the site yesterday and in various other media outlets suggesting otherwise.
Trick or Treat: Tiny Delaware to Launch Online Poker on Halloween
The First State, Delaware, will live up to its nick when it becomes the first US state to offer real money online gambling to its residents.
To date, Nevada has offered real money Web poker but is prohibited from offering other forms of online gambling. Delaware will feature other casino games such as blackjack and slots. New Jersey is set to launch real cash Internet gambling by the end of November.
Bodog Embezzlement Case Heats Up: Charges to be Filed Shortly
As reported last week, a number of former high-ranking employees of Bodog Brand’s Asian arm have been implicated in an embezzlement scheme, according to company officials and confirmed by a Bodog representative. Gambling911.com can reveal that charges are about to be filed against at least one of the individuals, Robert Gustafsson.
New Jersey Internet Gambling Bill Could Expand Across State Lines
Legislation proposed earlier this year could see New Jersey developing online gambling compacts with other states, said state Assemblyman John Amodeo durng a conference of gambling leaders and regulators Tuesday.
From The Press of Atlantic City:
Backers, Critics Debate New York State Casino Expansion Plan
NEW YORK (Associated Press) — Opponents of New York state's proposal to build new casinos argued Monday that more gambling would further impoverish people struggling to make ends meet and encourage addicts, while supporters said tax revenue would generate jobs and fund schools.
A discussion presenting both sides of a referendum on amending the state constitution to allow Las Vegas-type casinos was held in New York City, ahead of a Nov. 5 ballot vote.
Man Sentenced to 5 Years for Bilking Investors: Used Funds to Pay Gambling Debts
A San Jose, California man has been sentenced to five years prison time and five years probation for defrauding investors in order to pay off his gambling debts.
Thomas R. Papa, 56, represented himself as a money manager for a company called MTJJ via Craigslist. He would tell potential clients that he could broker deals for property and business loans through private investors.
One Dead, Three Wounded at Bally’s Hotel-Casino Club in Vegas
LAS VEGAS — (Associated Press) - Authorities say an ex-convict with a history of altercations at Las Vegas clubs was behind a shooting that killed a patron and wounded two employees at a casino after-hours nightclub on the Strip.
Clark County Sheriff Doug Gillespie said Monday that 41-year-old suspect Benjamin Frazier remained hospitalized at University Medical Center.
Police say Frazier is being treated for serious head injuries sustained when he was subdued following the 5:45 a.m. (October 21, 2013) shooting at Drai’s After Hours at Bally’s hotel-casino.
The Art of Slot Machines
With approximately 197,144 slot machines in Las Vegas alone, it’s no wonder that artists have started to recognise these games as a digital platform for their work. One such artist is marine muralist Robert Wyland.
Tropicana Casino Approved for NJ Online Gambling License
ATLANTIC CITY, N.J. (Associated Press) - New Jersey casino regulators continued their march toward Internet gambling Monday, awarding the state's fifth online gambling permit to the Tropicana Casino and Resort.
The state is preparing for the launch of online gambling in New Jersey, which will begin Nov. 26 after a five-day invitation-only test period to make sure all the systems work properly.
The awarding of the permit came as detailed regulations for Internet gambling took effect Monday.
Niagara Police Can Now Buy New Cars With Gambling Proceeds
NIAGARA FALLS, N.Y. (Associated Press) — A western New York police department can start shopping for patrol vehicles for the first time in five years now that casino gambling payments have been received from the Seneca Nation of Indians.
The Niagara Gazette reports that the Niagara Falls City Council has approved a measure seeking the allocation of $513,000 in casino revenues to buy 19 new police cars. The move will allow the cash-strapped city to essentially replace its entire fleet of overworked police cruisers.
Indianapolis Airport Considering Wireless Gambling Technology
(Associated Press) - Phil Sicuso and Joe Champion say Indianapolis International Airport is well suited for wireless gambling technology that could bring in revenue to support more nonstop flights.
The pair work at Bingham Greenebaum Doll LLP and floated the idea in an article for their firm's newsletter, the Indianapolis Business Journal reported.
Week 8 College Football Upsets Great for the Bookies
Bookies celebrated a series of Week 8 College Football upsets that helped boost profits as the betting public tended to back the more high profile favorites.
Ole Miss pulled off one of the week’s biggest upsets, beating LSU outright as a +10 underdog. The Tigers now have two losses on the season. The Rebels record coming into Week 9 is 4-3 following their three point home victory.
Gambler Archie Karas Extradited to CA for Casino Cheat Case: Pleads Not Guilty
One of the most well-known and successful gamblers of all time, Archie Karas, was extradited from Nevada to California to face charges he cheated a San Diego casino out of more than $8000. He entered a “Not Guilty” plea on Friday.
Genovese Crime Family Mobster Admits Role in Racketeering Tied to Sports Betting
Genovese Crime Family associate John Breheney (AKA “Fu”), 49, of Egg Harbor, NJ, pleaded guilty Friday before US District Judge Claire C. Cecchi to conspiracy to violate the Racketeer Influenced and Corrupt Organization (RICO) statute through his participation in an illegal sports betting operation.
Philadelphia Plays Host to Internet Gambling Conference
HARRISBURG, Pa - Gaming Control Board Chairman William H. Ryan, Jr. along with Executive Director Kevin O'Toole and Bureau of Licensing Director Susan Hensel will participate in the World Regulatory Briefing USA focusing on iGaming on October 22 and 23, 2013 in Philadelphia.
Leaders from the gaming industry along with regulators from state, international and Native American gaming jurisdictions will be presenting at the conference.
Adelson Republican Strategic Research Study: ‘Universal Opposition to Web Gambling’
Online gambling opponent and one of the GOP’s biggest donors, Sheldon Adelson, recently commissioned the Republican strategic research and polling firm, The Tarrance Group, to conduct a study to determine voter attitudes towards legalized online gambling in the US. Their findings, not surprisingly, favor Adelson’s stance.
Trump Casinos in Atlantic City Latest to be Granted Online Gambling Permits
(Associated Press) - The two Trump casinos in Atlantic City received their Internet gambling permits Thursday, as New Jersey regulators continued preparing for the launch of online gambling next month.
Trump Plaza and the Trump Taj Mahal got their Internet gambling permits and join the Borgata and the Golden Nugget among casinos approved to begin Internet gambling.
Online gambling will begin Nov. 26 in New Jersey after a five-day, invitation-only trial period.
New Jersey is the third state in the nation to offer online gambling, along with Nevada and Delaware.
888 Holdings Anticipates Dramatic Revenue Rise in 2014 With US Web Gambling
(Reuters) - London- listed 888 Holdings is expecting to start to see the benefits from next year as a number of U.S. states ease a ban on Internet gambling.
888, which runs online gambling and poker sites, is already operating in Nevada, with markets in Delaware and New Jersey expected to go live in the coming weeks.
"In 2014, we should start to see some meaningful revenues come through," Chief Executive Brian Mattingley said, talking about prospects in the American market.
CAMS Names Former Nevada Gaming Control Head Mark Lipparelli Advisor
Los Angeles – CAMS, LLC, the leader in providing online operators with payment connectivity and Know Your Customer (KYC) verification services, today announced that Mark Lipparelli has been engaged by the company as an advisor. The company will look to him for strategic guidance as they navigate the newly-regulated internet gambling industry.
Golden Nugget Obtains Second NJ Online Gambling Permit
The Golden Nugget is the second Atlantic City casino operator to be granted an Online gambling permit.
New Jersey anticipates launching its Web gambling industry on November 26 with real money play permitted by those physically located within the state’s borders.
Lisa Spengler, a spokeswoman for the New Jersey Division of Gaming Enforcement, said there is no competitive advantage to being issued a permit early as the launch date is the same for all casinos.
Last week the Borgata was the first casino property to receive a permit.
Judge Throws out Lawsuit Challenging New York Gambling Referendum
ALBANY, N.Y. (Associated Press) — A judge on Wednesday dismissed a lawsuit challenging a referendum on Gov. Andrew Cuomo’s proposal to authorize seven more casinos in New York, ruling it was filed too late.
The suit by Brooklyn lawyer Eric Snyder contested the language of the Nov. 5 ballot proposition, claiming it was biased in favor of approval. It was reworded by the Cuomo administration and legislative leaders to promise benefits including jobs, lower taxes and school aid without mentioning any potential downside to casinos, including problem gambling and crime.
Betfair Launches LetsPlayNJ.com for Web Gambling but Can’t Play Yet in Garden State
While New Jersey prepares to begin allowing online gambling by the end of next month, European powerhouse Betfair has mostly been left out in the cold.
