Gambling
Zynga Will Expand Real Money Online Poker Into Europe: Shares Surging
With the announcement that Zynga, the word’s largest social gaming market, will offer real money gambling in the United Kingdom, shares rose 5.5 percent to $3.24 in after-hours trade Tuesday. By late morning Wednesday, shares were up 12.4 percent to $3.45 with an earlier high of $3.49.
Zynga Shares Surge on News of ZyngaPlusPoker Will Offer Real Money Play in UK
Zynga, the world’s largest social gaming company, announced Tuesday it will begin offering real money online gambling in the UK through its new website ZyngaPlusPoker.
Shares of Zynga, which closed 2.9% lower, rebounded 8% to $3.33 in after-hours trading following the news.
"We look forward to launching our social versions of real money games for players on Facebook and mobile in the UK throughout 2013," says Barry Cottle, chief revenue officer of Zynga, posted shortly after the announcement.
Churchill Downs to Buy Maine’s Oxford Casino
OXFORD, Maine (Associated Press) — Less than a year after it opened, Maine's Oxford Casino is being sold for about $160 million to Churchill Downs Inc., the Kentucky-based gambling company announced Friday.
The deal awaits approval by the Maine Gambling Control Board and is expected to close in the fourth quarter of 2013.
Tribes Looking to Form Online Gambling Coalitions
A report appearing on GamblingCompliance.com suggests that US Tribes could begin forming online gambling coalitions as states begin to legalize betting on the Web.
From GamblingCompliance.com:
Internet Gambling, Casino Expansion a Tough Sell in Illinois: Quinn Skeptical
CHICAGO — (Associated Press) - Lawmakers pushing to expand gambling in Illinois hope the third time is a charm with a more finely tuned proposal that could make Illinois the fourth state to allow Internet gaming.
The latest proposal includes some familiar ideas: five new casinos, including one in Chicago and Rockford; thousands of slot machines, including at Chicago’s two airports. But it also includes Internet gambling, which would allow Illinois residents to play games like black jack on their computers or smart phones.
Casino Mogul Sheldon Adelson Testimony to be Streamed Live This Week
Courtroom View Network is expected to receive exclusive ability tomorrow to provide live streaming coverage in the trial against Las Vegas Sands Corp. Renowned liberal icon, Alan Dershowitz, and former lawyer for OJ Simpson appeared in court Friday to argue against the motion to allow cameras in the courtroom. Dershowitz argued against cameras - the liberal icon is representing the interests of ardent conservative billionaire Adelson.
AFFCoins Online Casino Brands Rockbet, Slots Jackpot Re-enter US Market
In a sign of good things to come we suppose, the AFFCoins online casino group, which includes Rockbet Casino, Vegas Days Casino, Casino Fiz, Tradition Casino and Slots Jackpot, have re-entered the US market offering real money play.
Double Down or Bust: How Gambling is an American Addiction
With March Madness slowly coming to an end, gamblers and sports enthusiasts are just looking for something else to bet their money on! Some say that their gambling habits are just for fun, some call it added income, but for many who take part in this billion dollar industry, they may call it an “Addiction.”
Boyd Gaming CEO: ‘New Jersey Better Opportunity for Online Poker Than Nevada’
Boyd Gaming CEO Keith Smith tells EGR Magazine he believes New Jersey presents better opportunities for online poker than Nevada.
Game Developers Conference 2013 Talks Gambling on Games and $20B Payday
All the talk at this week’s Game Developers Conference appears to have centered around - you guessed it - gambling.
And why not? Experts placed a dollar figure at around $20 billion for the sector.
The big question for a panel discussing the subject: Is gambling the next growth opportunity and how can it be regulated?
Wynn Unveils Rendering of $1.2 Billion Everett, Massachusetts Gambling Resort
EVERETT, Massachusetts — (Associated Press) - Las Vegas casino operator Steve Wynn has unveiled an artist's rendering of a $1.2 billion proposed resort casino in Everett.
Mass Organized Crime Figure Joseph Giallanella Sentenced to 2 Years
WOBURN, Mass. (Associated Press) — A 64-year-old North Andover man prosecutors say was a key associate in a loan sharking and illegal gambling operation has been sentenced to two years and a day in prison.
Survey: 79.4 Percent of Gamblers Say Online Gambling Won’t Increase Addiction
Morningside Recovery Center, the leading addiction recovery center surveyed over 1,030 men and women this week over the age of 18 on Gambling Addictions. As Gambling 911 has previously reported, PokerStars is referring players to Morningside Recovery and poker great Eric Lindgren has been there for two-weeks to deal with his issues.
$338.3 million Powerball Ticket Purchased in New Jersey
PASSAIC, N.J. — No one has come forward yet in New Jersey to claim the winning Powerball ticket worth $338.3 million.
The owner of the liquor store where the ticket was sold says a couple of people have told the store they have the winner. But Sunil Sethi (SOO’-neel SET’-tee) of Eagle Liquors in Passaic, 15 miles northwest of New York City, says nothing has been confirmed.
3 in 10 People Believe College Basketball Players Have Gambling Links
(Associated Press) - An increasing number of Americans believe college basketball players influence the outcome of games because of gambling interests, according to a Seton Hall University poll.
US Government to Begin Regulating Bitcoins as Big Brother Takes Notice
We knew it was going to happen sooner or later, probably just not sooner. The US Government has announced it will begin regulating the popular virtual currency Bitcoin in an effort to curb money laundering activities.
888, Treasure Island Receive Nevada Online Gambling License
LONDON (Reuters) - 888 could launch an online gaming offering in Nevada, home to gambling center Las Vegas, as soon as May, a source said after the group won the first ever U.S. license to be awarded to an internet betting firm.
The license to operate in Nevada granted to London-listed 888 Holdings Plc is the first time an internet gambling company has been licensed in the United States, which banned online gambling in 2006.
New Hampshire Kills One Gambling Bill
CONCORD, N.H. (Associated Press) — A week after a gambling bill passed the state Senate, the New Hampshire House killed one casino bill Thursday but kept another alive, leaving open the possibility of passing its own gambling measure.
The House overwhelmingly rejected a bill that would have allowed two casinos to be built in the state while preserving another amid debate over the possibility of legalizing gambling in New Hampshire.
32Red Ends Shirt Sponsorship Deal With Swansea
Gambling company 32Red and England football club Swansea have ended their shirt sponsorship deal after four years.
Vice-chairman, Leigh Dineen, said: "I'd like to place on record the club's enormous thanks for the support that 32Red has given us over the last four years.
14 Companies Apply for Delaware Online Gambling Licenses
While the state may have less than 1 million people, that hasn’t stopped over a dozen online gambling companies from filing licensing applications to run i-Gaming businesses out of Delaware.
Topping the list is PokerStars, which is looking to purchase a hotel and casino in nearby Atlantic City, New Jersey.
Amaya Gaming, International Games Technology, SHFL Entertainment, Continent 8 Technologies, Stan James PLC, and 888 Holdings have each filed applications.
RCMP Carries Out More Raids, Arrests in Connection with Platinum SB
The Combined Forces Special Enforcement Unit of the RCMP Wednesday morning arrested two more individuals in connection with running what it deemed to be an organized crime-linked bookmaking operation that also has ties to the Hell’s Angels.
Police arrested Michael Kriaris, 39, of Toronto, and Augustino Valenzisi, 43, of Vaughan. Both face charges related to engaging in bookmaking and committing an offence to benefit a criminal organization.
Broncos Player Quinton Carter Faces Felony in Alleged Casino Cheating
Denver Broncos safety Quinton Carter is facing felony charges after the Texas Station Casino in Las Vegas accused him of adding a $5 chip to three bets after the dice already rolled. Video surveillance apparently captured the event.
A spokesperson for the team told the Associated Press the Broncos are investigating the matter.
Online Gambling Payment Processor Neteller Plots US Re-Entry
Optimal Payments anticipates at least 10 states legalizing Internet gambling in the US to legalize the activity over the coming year.
Optimal Payments may not ring a bell for gamblers. But this is the former Neteller, a third party payment solutions company that until January 2007 had operated in the USA and was once considered the “PayPal of Online Gambling”.
A Glimpse Into How Interstate Online Gambling Will Work
The Nevada Gaming Commission this week filed a “Request for Comment” as it relates to how “regulations concerning interstate agreements for interactive gaming” should work as the Silver State looks to begin offering online poker to those beyond its borders.
Last month, Nevada Governor Brian Sandoval signed Assembly Bill 114 into law that would allow his state to form compacts with other states utilizing a model similar to that of the Lottery System’s Powerball game.
Here were the primary focus questions:
Taiwan Bookies Take Bets on When Cancer Patients Will Die: Inside Wagering
Talk about sick! Some worldwide bookies have no scruples and will take bets on just about anything.
Case in point.
Taiwan bookies have shockingly begun taking wagers on when cancer patients will ultimately kick the bucket.
Fantasy Sports Betting in Atlantic City Casinos Will Not Constitute Gambling
The Press of Atlantic City’s Hoa Nguyen has confirmed that New Jersey’s allowance of fantasy sports betting in the gambling town’s casinos will not constitute “gambling”.
No More Internet Cafes in Florida Following Gambling Arrests: Senate OK
(Associated Press) - A Senate panel has cleared its version of a ban on the Florida gambling establishments commonly known as Internet cafes.
The Senate committee on gaming Monday voted 11-0 on the bill (SB 1030) that started as a moratorium and evolved into an outright ban.
The vote follows a House committee's clearing of its own bill banning internet cafes on Friday.
Florida Lt. Gov. Jennifer Carroll resigned last week in the wake of an investigation into the Allied Veterans of the World charity that was suspected of running illegal gambling.
Louisiana Latest US State to Consider Legalized Online Gambling
Louisiana Rep. Mike Huval wants his state to look further into the prospects of offering legalized online gambling.
Lebron James’ ‘Crooked Rabbi’... Israeli Mafia and Charlie Sheen
While TMZ recently exclusively reported that NBA superstar Lebron James has sent out invites for his wedding and it is set for the holiest Jewish day of the year, Yom Kippur – his Jewish Rabbi wont be able to attend, and maybe that's why he scheduled for that day.
NJ to Let Casinos Accept Bets on Fantasy Teams
(Associated Press) - Peyton Manning's touchdown passes, Adrian Peterson's first downs and Darrelle Revis' interceptions could combine to make someone rich this fall.
New Jersey is allowing casinos in Atlantic City to offer fantasy sports betting in a pilot program that will be announced Monday.
