Gambling
New Jersey Casino Revenue Record Loss From Sandy: State Prepares for Online Bets
The numbers are in and they are terrible. Super Storm Sandy not only ravaged the New Jersey coastline, it also crippled the state's all-important casino sector.
Revel was among the worst hit with revenues down 33 percent from the $9.3 million generated in October of last year.
Revel exhausted most of its mid-August $100 million credit line as of the end of November.
Paris Hilton Wins $30K Playing Blackjack
Her former beau Rick Solomon claimed to be an online gambling kingpin early on in his illustrious career. Now Paris Hilton is winning big at the Vegas casinos.
Celebrating her 31st birthday, the socialite declared on her Twitter page she had just won $30,000 at the Blackjack tables. Way to go Paris!
European Commission Issues Stern Warning Regarding Schleswig State Treaty
The European Commission this weekend voiced outrage over the German State Treaty on Gambling signed by all but one of 16 Bundesländer, or states, as it applies to online gambling.
From InterGame.com:
Former Ladbrokes and OpenBet Directors to Launch Locus Gaming in January 2013
Ed Andrewes and Mick d'Ancona have created Locus Gaming and are putting the final touches on their first B2C product to be launched in January 2013. The company are keeping a tight lid on exact details of the forthcoming product but they have received an important boost by gaining a licence from the Isle of Man Gambling Supervision Commission.
Antigua Seeks Sanctions Against US in Online Gambling Dispute
KINGSTON, Jamaica — (Associated Press) - The tiny Caribbean nation of Antigua & Barbuda intends to pursue retaliatory sanctions against U.S. commercial services and intellectual property as part of its David vs. Goliath trade battle with the United States, the islands' finance minister announced Sunday.
PokerStars Looking to Buy Atlantic Club Casino in Atlantic City
The Wall Street Journal was reporting Thursday evening that the world’s largest real money online poker room, PokerStars, was looking at potentially buying an Atlantic City casino in anticipation of Internet gambling becoming legalized in New Jersey.
The property of interest is the Atlantic Club Casino, which Stars hopes to acquire from investment group Colony Capital. The casino reportedly took in just shy of $110 million in the past year.
A bill to legalize online gambling in the Garden State could become law as early as the end of this month (December 2012).
'Temp' Super Bowl Casino in NJ May Get More Permanent
(Associated Press) - Plans for a temporary casino in the Meadowlands may get more permanent.
Backers of a temporary "pop-up" casino at New Jersey's Meadowlands Sports complex in the week leading up to the 2014 Super Bowl may be backing off that plan in favor of one that would permanently allow gambling in places beyond Atlantic City.
Bally Technology Looks to Acquire Online Poker Game Developer 3G Studios
(Reuters) - Slot-machine maker Bally Technologies is exploring a bid for online poker game developer 3G Studios, in what would be the latest deal to combine online gambling and casino gaming on social media, said two sources with knowledge of the talks.
One source said several Bally Technologies executives were scheduled to visit 3G's offices in Reno, Nevada on Tuesday to determine whether to make a formal bid.
Replacement Checks for TopBet.com Customers Now Arriving
Good news for TopBet.com customers as some have reported the receipt of new replacement checks following a series of payouts that resulted in “insufficient funds” (i.e. checks bouncing).
Gambling911.com reported earlier in the week that TopBet.com had lost one of its processors, a common industry problem facing US-based players.
New Jersey Governor Chris Christie Expected to Sign Online Gambling Bill
A bill to legalize online gambling in the state of New Jersey is scheduled for full Assembly vote on December 17 and in the Senate on December 20.
The measure is widely anticipated to pass in both the Assembly and state Senate as a similar bill did so last year.
Governor Chris Christie had reservations about signing last year’s bill and instead opted to pull out his veto pen in the waning hours before a looming deadline.
This year should be different according to sources close to Gambling911.com.
Bwin.party Head Jim Ryan Steps Down
Bwin.party CEO Jim Ryan announced he will be resigning from the world’s largest online gambling firm in January. Norbert Teufelberger, who acted joint CEO, will assume sole responsibilities for that position.
The publicly traded Gibraltar-based betting company, a merger between PartyGaming and Austrian bookmaker bwin, will proceed with a single CEO for the foreseeable future beginning January 15.
BetDSI.com Massive Free Cash Promos Through New Year’s Day 2013
Beginning December 5, 2012 through New Year’s Day (2013) all new BetDSI.com clients will qualify for an amazing 150 percent bankroll enhancement when depositing a minimum of $300 into their accounts (a deposit is post up money that is used for wagering and is not the property of BetDSI.com until bets are actually lost).
Your bankroll enhancement breaks down as follows:
- 100% Sports (example: Deposit $300 and receive another FREE $300 for wagering).
Tulsa Fires Athletic Director Over Gambling Probe
TULSA, Okla.— (Associated Press) - Tulsa athletic director Ross Parmley was fired Tuesday, a week after he was named in a federal investigation of a man accused of running a gambling operation in Oklahoma City.
Tulsa President Steadman Upham released a letter to students and faculty of the private university Tuesday night, saying Parmley "admitted he had not been truthful" about his role in the mess when he told him in October 2011 that he was cooperating in an FBI investigation.
UK Putting Restraints on Internet Gambling Firms
The United Kingdom, long a hotbed for Internet gambling firms, has drafted a gambling bill that would tighten current regulation.
The bill would require overseas operators to inform the Government about suspicious betting patterns.
A 2005 bill enabled companies operating in Gibraltar and the Isle of Man to obtain a gambling license from the UK as well as advertise there.
Wynn, Sands Fears as China Begins Crackdown on Macau
Wynn Resorts and Las Vegas Sands witnessed a decline in early trading Tuesday as China continues its crackdown on the gambling Mecca of Macau.
In recent months, Chinese authorities have conducted a series of raids aimed at curbing money laundering in the former Portuguese colony.
From Rueters:
Sportsbook Live Traders Needed for Immediate Hire
An online sportsbook with explosive growth is looking to hire between 7-10 more live remote traders immediately.
These positions are ideal for individual with linesmaking experience.
Here is the ad:
Top US-facing Sportsbook looking to hire 5+ Live Sports Traders immediately. Traders can work from offices in Costa Rica, offices in Panama, their own private home, or their own personal office. Flexible schedules available. If interested, please email your resume to livetraderjob@gmail.com today!
Top Bet Checks Bouncing Following Loss of Payment Processor
Concerned sports bettors have taken to the message boards complaining of checks issued by online sportsbook Top Bet bouncing (insufficient funds).
The culprit is a loss of their payment processor, which has also prevented most new depositors from coming on board as well.
Zynga Restructures Agreement With Facebook: Closer to Offering Real Money Poker
The largest social-gaming company, Zynga, depends on the largest social network and vice versa, Facebook, writes Dean Takahashi of Venturebeat. But both appear to be going their separate ways as the two companies have restructured their contracts whereby Zynga can now begin offering its social gaming platforms to other companies. Zynga, as such, is one step closer to offering “real money” online gambling including poker.
Full Tilt Poker Executive Director Accused in Ponzi Scheme Settles With DOJ
Rafe Furst, one of three individuals accused of orchestrating an elaborate ponzi scheme while on the Board of Directors of Full Tilt Poker, has settled with US law enforcement and will now surrender his Swiss bank account and pay a $150,000 fine.
In return the US Government has dropped the civil money laundering penalty of $11,706,323.96. A portion of those funds are contained within the Swiss bank account.
‘Killing Them Softly’ Gambling Flick With Brad Pitt Opens Friday
The long awaited mob gambling flick “Killing Them Softly” finally opens in theatres Friday.
It’s a film about American crime directed by Andrew Dominik based on the 1974 novel Cogan's Trade by George V. Higgins and stars Pitt along with Ray Liotta and James Gandolfini.
“Killing Them Softly” is about a professional enforcer named Jackie Cogan, who investigates a heist that transpired during a mob-protected poker game.
Jury Deliberating in Case of Hitman Who Killed Man in Karaoke Bar Over Gambling Debt
LAS VEGAS (Associated Press) -- A Nevada jury is deliberating whether an accused 25-year-old hit man for a Chinese gang should get the death penalty for brutally stabbing a man to death in a crowded Las Vegas karaoke bar over a $10,000 gambling debt.
Omni Casino Celebrates 15 Years Online: One of the Industry’s First
Omni Casino was established in November 1997 as one of the first online casinos and is the flagship brand of Peak Interactive. Since the beginning, Omni Casino has focused on providing their members a pure casino entertainment experience as the #1 most trusted and secure casino.
Masters in Online Gambling: Isle of Man to Begin Offering Accredited Qualifications
THE Department of Economic Development, in conjunction with the Isle of Man College of Further and Higher Education, has announced that an accredited qualification in e-Gaming will be launched in January 2013. It is to be delivered through a work based higher education framework (WBIS) validated through the University of Chester.
7 State Lottery Chiefs to Protest Reid-Kyl Internet Poker Bill in DC Next Week
Lottery chiefs from seven states will travel to Washington next week where they will protest a draft bill to legalize Internet poker bill co-authored by Senate Majority Leader Harry Reid (D-Nevada) and Senator Jon Kyl (R-Arizona).
Winning Powerball Tickets Bought in Arizona and Missouri
We have a winner…or two!!! And it’s not Jenny Woo out of Pensacola, Florida. Sorry Jenny!!!!
The winning Powerball tickets were bought in both the states of Arizona and Missouri, it was revealed early Thursday morning. Unfortunately, we happen to reside in the state of Florida and, as such, are losers.
The record $579.9 million jackpot was won with these numbers: 5-16-22-23-29 and 6 for the Powerball.
Steve Wynn Wants Casino in Everett, Massachusetts
Casino mogul Steve Wynn toured a proposed new locale for a casino in Everett, Massachusetts, referring to the region as a “natural for a casino”. He should know.
“It seems like a natural place for another great hotel,” said Wynn, whose properties include the Wynn Resort, Bellagio and Mirage in Las Vegas. “We may be a very positive addition to Everett. But we’re very early in this process.”
BlackChip Poker Leaving Merge Gaming Network
As has been rumored in recent weeks, BlackChip Poker, one of the premier Merge Gaming Network brands, will be finding a new home. That announcement is expected in the coming days.
BlackChip Poker confirmed Wednesday it will not be allowing customers to take part in the hugely popular Poker Maximus III that kicks off November 29.
Tulsa Notifies NCAA Regarding Gambling Athletics Director: Probe Launched
As reported earlier in the day Wednesday by Gambling911.com, University of Tulsa Director of Athletics Ross Parmley has been suspended after being linked to a local bookmaker charged with running an illegal gambling operation.
It has since been revealed that the school notified the NCAA, which is expected to begin launching its own probe into the matter.
Trophy Vegas Social Gaming Site Takes Plunge Into Real Money Casino Space
Trophy Vegas, in conjunction with its Facebook application Trophy Slots, is the latest social gaming site to begin offering real money casino play.
Trophy Slots was launched earlier this year as a social slots game, featuring 10 popular slots titles. To date, the Trophy Slots Facebook page had 37,803 likes.
Motley Fool: Online Poker Could Help Prevent Fiscal Cliff
Travis Hoium of the Motley Fool suggested in a piece penned Wednesday November 28 that online poker could help towards preventing the so-called “fiscal cliff”.
