Gambling
2nd in Command of Nuke Program Stripped of His Duties Following Gambling Fraud
The second in charge of the US nuke program has been demoted following a gambling fraud investigation involving counterfeit poker chips at an Iowa casino. Little details were provided over the matter other that it occurred this summer.
Vice-Admiral Tim Giardina was relieved of his duties at the US Strategic Command in Nebraska outside of Omaha. He was also stripped of his rank. The US Strategic Command oversees all of America’s cyber warfare activities and military satellites in addition to providing a storage facility for the world’s largest nuclear stock pile.
Borgata Claims First Internet Gambling Permit
(Associated Press) - On an otherwise cloudy day in Atlantic City, a bright spot of news: New Jersey's first Internet gambling permit has been issued to the Borgata in Atlantic City.
The New Jersey Division of Gaming Enforcement says the casino was the first to complete the application and must wait until Nov. 21 to actually make use of the permit.
On that date a 5-day trial period begins. If that goes well, state residents and visitors will be able to access Internet gambling on Nov. 26.
Gamblers Betting on Twitter IPO Valuation
NEW YORK (Reuters) - Though Twitter's first day on the stock market is probably still months away, a handful of international gamblers aren't waiting for the official debut and are already laying bets on how much the social media site will be worth.
Initial public offering experts are floating a market capitalization for Twitter of around $10 billion, but bettors on the Irish gambling site Paddy Power give the shortest odds to it closing with a market cap 50 percent to 100 percent above that.
Lawsuit Claims Americare Boss was ‘Pervert’ and ‘Degenerate Gambler’
A lawsuit filed in a Brooklyn Federal Court by former Americare supervisor Mendel Cohen claims his boss, Favish Pewzer was a pervert and degenerate gambler, among other things.
The ex-employee of Americare also claims he was sexually harassed by Pewzer, an Orthodox Jew and married father of five, who Cohen claims lived a double life. The lawsuit also alleges that Pewzer regularly smoked pot and solicited hookers.
BetOnline Releases More Info on Shocking 18-Team Parlay Win: Records Shattered
Panama City, Panama – Anyone who watched the Cowboys vs. Broncos game Sunday afternoon was surely on the edge of their seat. The Broncos won a back-and-forth slugfest, in which the teams combined for 99 points. As exciting as this game was for any viewer, nobody’s heart was pounding more than Brandon P. from the upper Midwest.
New York Governor, Others Receive $3.3 Mil From Gambling Interests
ALBANY, N.Y. — (Associated Press) - Gov. Andrew Cuomo has received $361,500 and the state Legislature has raked in more than $1 million from gambling interests leading up to the Nov. 5 casino referendum which is being challenged in court, according to a new report.
Mob-Linked Agent to Plead Guilty for Role at Legends Sports: Worked for 40 Plus Books
A Florida man with alleged Mob ties is expected to plead guilty on Wednesday (October 9, 2013) to a federal money-laundering charge tied to a multi-state and international sports betting ring said to have made close to a billion dollars over the past decade.
Casinos Could Pop Up Everywhere in Florida if New Gambling Laws Get Approval
TALLAHASSEE (CBSMiami/Associated Press) — If the state leaders approve changes to the gambling laws, nearly every Floridian could soon be within a two-hour drive of a casino that contains slot machines.
That was just one of the many scenarios consultants hired by state legislators said could happen, depending on what steps legislators take in the next few months.
Mason Confirms Unbelievable $54k 18-Team Parlay Win
A gambler hit an amazing 18-team parlay for $54k in the 5th week of the 2013 NFL regular season, it was confirmed by Dave Mason of BetOnline Monday. Some teams bet as part of the parlay were College Football.
Clubbing Almost as Popular in Vegas as Casino Gambling
LAS VEGAS (Associated Press) - The cannon at the Flutter Fetti booth near the front of the gambling trade show in Las Vegas last week delivered regular bursts of metallic and crepe paper cutouts, shooting them to the ceiling in big booms and carpeting the floor with shimmering hearts, stars and circles. The glittery mess outshone the slot machines and online poker touchscreens in more ways than one.
Last Minute Touchdown for Ohio State Cost Vegas Sportsbooks $100 Million
A last minute touchdown may not have changed the outcome of Saturday night’s Ohio State vs. Northwestern game, but for Vegas and online sportsbooks, it was a definite game changer.
Bookies in Vegas alone lost $100 million to overjoyed gamblers. More than 90 percent of the bets were coming in on OSU.
Gambling Addict Who Held Up Betting Shop With Hammer Turns Himself In
A gambling addict flagged down police just hours after he held up a betting shop with a hammer.
The incident occurred August 2 at a Southhampton Ladbrokes. Michael Birch, 30, is charged with the crime. He escaped with £1,637 in cash.
His defense attorney argued that Birsh should be given mercy for admitting to the crime and apologizing.
Judge Peter Henry said: 'This is a serious offence without question, breaking into a premises, arming yourself and threatening someone and terrifying them, forcing them to hand over the money.'
Mass. Casino Panel Qualifies 2 for Gambling Bids
BOSTON -- (Associated Press) - Massachusetts gambling regulators said Thursday that Mohegan Sun had cleared a required background check and could continue its pursuit of a resort casino in the town of Palmer.
The five-member gaming commission voted unanimously to qualify the Connecticut casino operator, saying agency investigators working with state police had not uncovered any factors that would disqualify the company from bidding.
Stop Predatory Gambling Foundation Blasts AGA for Hypocrisy re ‘Runner, Runner’
The Stop Predatory Gambling Foundation has come out swinging against the Nevada lobbying group, American Gaming Association (AGA), for its advertisements suggesting the new film “Runner, Runner” is a cautionary tale depicting the ills of an unregulated online gambling industry.
Key Cantor Gaming Execs May Have had Role in Sports Betting Probe: Colbert Caves
The New York Times is reporting that federal prosecutors are investigating whether top executives at Cantor Fitzgerald LP's gambling unit participated in the company accepting illegal sports bets.
Cantor Senior Executive Lee Amaitis has been mentioned following a guilty plea entered by former Cantor employee, Mike Colbert. The former sportsbook director admitted to accepting illegal bets.
College Student Beaten by Police Leaving AC Casino: Head Smashed In (Video)
A June beating by police officers of a college student leaving the Tropicana Casino in Atlantic City was captured by surveillance video and will be used as evidence in a lawsuit filed by the student’s parents.
Iowa Won’t File Charges Against Nuke Boss in Counterfeit Poker Chip Probe
OMAHA, Neb. (Associated Press) — Iowa will take no legal action against the No. 2 officer in charge of U.S. nuclear war-fighting forces who is accused of using counterfeit gambling chips at a casino in the state, officials said Tuesday.
Nonetheless Navy Vice Adm. Tim Giardina could still face federal charges.
Giardina was suspended Sept. 3 while Naval Criminal Investigative Service examines the allegation that he used $1,500 in counterfeit chips at the Horseshoe Casino in Council Bluffs, Iowa in June.
BetOnline.ag Unleashes ‘Best in Class’ Mobile Betting Interface
US-facing online Sportsbook now offers the best Mobile betting experience and the opportunity to try it risk-free
Judge Tosses Out Some Allied Veterans Counts in Illegal Gambling Case
(Associated Press) - A Florida judge on Tuesday threw out about a third of the more than 150 charges against a Jacksonville attorney accused of using a veterans group as a front for a $300 million gambling operation.
Judge Kenneth Lester tossed out more than 50 money laundering charges against Kelly Mathis. A jury will still decide whether he is guilty of more than 100 other charges of racketeering, running a lottery and possessing slot machines related to Allied Veterans of the World.
Prosecutors Rest in Florida Charity Gambling Scandal
(Associated Press) - Prosecutors rested their case Monday in the trial of a Jacksonville attorney accused of masterminding a veterans group that ran a $300 million gambling operation.
Prosecutors told jurors at attorney Kelly Mathis' trial Monday that they had rested their case, less than 10 days after giving opening statements in which they accused Mathis of helping build a network of Internet cafes that actually were computer casinos.
Vegas Visitor Count Up Slightly in August
(Associated Press) - Tourism authorities say the number of visitors to Las Vegas went up slightly in August compared with last year.
The Las Vegas Convention and Visitors Authority reported Monday that about 3.4 million visitors came to town in August, up 0.9 percent from the same month last year.
The number of conventions and meetings held in Las Vegas in August was down 13 percent year-over-year.
Room occupancy ticked up slightly from last August to just more than 84 percent, and average hotel room rates ticked up more than 3 percent to $105 per night.
Robert McGuigan Talks of How Gambling Killed His Son – Part III of This Woo Report
Gambling911.com International Correspondent Jenny Woo concludes her riveting report on Robert McGuigan and how gambling addiction ultimately lead to his son’s untimely death. This is Part III of the series.
Prosecutor: Mobster Claims he has Bladder Cancer to Get Lighter Sentence
An 86-year-old mobster got a lighter sentence than the two years in prison he had previously been facing after claiming a series of ailments, including bladder cancer.
Explosive Revelations in Nuke Boss Gambling Probe
A vice admiral and the second in command of the US nuke program at the United States Strategic Command outside of Omaha, Nebraska, has been suspended for his alleged role in a counterfeit casino chip probe.
Number 2 Nuke Commander Tim Giardina Suspended Amidst Gambling Probe (Updated)
A senior defense official has confirmed that Vice Admiral Tim Giardina was suspended from his duties earlier this month following a probe into gambling offenses. The U.S. Navy vice admiral is second in command of U.S. Strategic Command.
Melco-Crown Entertainment to Invest USD 5 Billion in Japan Casino
Melco-Crown Entertainment, a joint venture between Macau casino tycoon Lawrence Ho and Australian gambling billionaire, James Packer, has announced plans to invest US$5 billion into a new casino resort in Japan.
Speaking to Bloomberg News, Ho state: "If Japan opens up and allows integrated resorts in Tokyo, Osaka, the market could easily be in excess of $10 billion to $15 billion or more."
US-based casino operators Wynn Resorts and MGM are also seeking to expand its casino empire in Japan.
Slot Cheat Added to Nevada Black Book
(Associated Press) - A convicted Las Vegas slot cheat has been added to Nevada's Black Book of people barred from entering casinos.
The Nevada Gaming Control Board on Thursday added Larry Green to what's officially known as Nevada's Excluded Person List.
The Las Vegas Review-Journal reports Green did not attend the Nevada Gaming Commission meeting.
Famed Gambler Archie Karas Arrested for Cheating at Casino
A world famous gambler was arrested in his Las Vegas home Tuesday, charged with cheating at the Barona Casino in San Diego.
Anargyros Karabourniotis, known better as Archie Karas, was charged with burglary and winning blackjack by fraudulent means. It is anticipated he will be extradited back to San Diego to face those charges.
Film ‘Runner, Runner’ Could Help to Make Costa Rica Croc Bridge Famous (Video)
Sure, much of the online gambling film “Runner, Runner” is a fictitious account of what really occurs in the mysterious multi-billion dollar industry. Set in the real world online gambling Mecca of San Jose, Costa Rica but filmed almost entirely in Puerto Rico, “Runner, Runner” goes a bit overboard in its depiction of the Web gambling world (literally in some cases).
Washington Campaign Director Charged With Embezzlement: Gambled Away Funds
(Reuters) - The former head of a Democratic Party fundraising committee in Washington state has been charged with embezzling up to $300,000 in campaign contributions to feed a gambling habit, prosecutors said on Wednesday.
