Gambling
Zynga Shares Rise With UBS Upgrade to ‘Buy’
Social gaming giant Zynga witnessed its biggest share price surge in nearly a year Tuesday thanks to a positive upgrade.
UBS raised its rating on the game maker's stock to "buy" from "neutral," saying Zynga's core operations had begun to stabilize under the new management team and that its $527 million acquisition of mobile game developer NaturalMotion would result in more scale and innovation at Zynga.
Wynn Approved for Online Gambling License in New Jersey: Uncertain of Plans
ATLANTIC CITY, N.J. (Associated Press) - In the decades since he left Atlantic City for the more prosperous sands of Las Vegas, casino mogul Steve Wynn has repeatedly considered a return here, only to decide against it.
This may be another one of those instances.
New Jersey gambling regulators have approved Wynn to offer an Internet gambling site in the state where he once ruled the roost. But a Wynn spokesman said plans by Wynn Interactive to offer online gambling in New Jersey are on hold as it studies the fledgling market.
Super Bowl 48 a Success for Vegas, Bookmakers
The final tallies are out and Super Bowl 48 turned out to be a big win for Las Vegas sportsbooks and offshore bookies.
Gambling911.com had already discussed how the largest bets had money coming in on the Denver spread and UNDER 47.5, both of which went in favor of the bookies.
Poll Finds More New Jersey Residents Prefer Pot Over Online Gambling
ATLANTIC CITY, N.J. (Associated Press) - A new poll finds more New Jersey residents want to smoke pot than gamble over the Internet.
A Fairleigh Dickinson University PublicMind poll finds 41 percent of respondents would support smoking marijuana recreationally if it became legal.
That compares to only 32 percent who support gambling over the Internet, which is legal in New Jersey now.
The poll finds support for online gambling has fallen, even as it enters its third full month and more than 150,000 online gambling accounts have been set up in the state.
WagerHome Tools Make Customer Management Easier For ALL Pay Per Head Agents
Anyone who is running a sports betting service, or is aspiring to do so, and wants to enter the 21st-Century way of doing business is going to want his or her players to have access to a genuine sportsbook interface, just like the "pros" use. That is possible through the phenomenon of "Price Per Head," or "PPH," and nobody in this business does it quite like WagerHome.com.
Floyd Mayweather Denies Making $10 Million Broncos Bet
Following the Denver Broncos bruising loss to the Seattle Seahawks in Super Bowl 48, boxing champ Floyd Mayweather, Jr. has gone on record to state the obvious: He never bet $10 million across seven Vegas sportsbooks on Denver to win the Super Bowl.
Mastronardo Brothers Cop Plea in Sports Gambling Case
PHILADELPHIA (Associated Press) — Two brothers have pleaded guilty in a gambling case that involves $1 million buried in the yard of the daughter of a former law-and-order mayor of Philadelphia.
Floyd Mayweather Did Not Place $10 Million Super Bowl Bet Says Massage Therapist
Following reports that boxer and big time gambler Floyd Mayweather Jr. had bet approximately $10 million across a series of Las Vegas sportsbooks, now comes word that his personal massage therapist has set the record straight.
China Gambling Propels Wynn's 4Q Profit
LAS VEGAS (Associated Press) — Wynn Resorts Ltd. said Thursday that its fourth-quarter profit nearly doubled on gains in Macau, the only place in China where casino gambling is legal.
Net income for the October-December period came to $213.9 million, or $2.10 per share, from $111.4 million, or $1.10 per share, in the same months in 2012.
Excluding special items, Wynn made $2.27 per share. Analysts polled by FactSet expected $1.72 per share.
Online Gambling Site Shut Down: Programmer Pleads Guilty
A local Roanoke, Virginia restaurant owner and programmer were charged with running an online sports betting site that was being served out of Costa Rica.
Russia Reportedly Protecting Mafia Figure Accused of Bribing Olympics Figures
With the Winter Olympics about to kick off in Sochi, Russia in just a matter of days, a dark shadow continues to hover over that nation, and we’re not referring to any terrorist threats or fear of reprisal against the LGBT community.
Canada Using Super Bowl to Help Promote Legalizing Sports Betting
(Canadian Press) - Supporters of proposed federal legislation that would legalize single-event sports betting are using this weekend's Super Bowl XLVIII to pressure senators to give final approval to a private member's bill.
Pleas Set in “Buried Gambling Money” Case Tied to Offshore Betting
PHILADELPHIA (Associated Press) — Guilty pleas are unfolding in a gambling case that involves $1 million buried in the yard of the daughter of a former law-and-order mayor of Philadelphia.
Caesars May Bid for Revel Casino
(Bloomberg) - Caesars Entertainment Corp. is considering making a bid for Revel Casino Hotel, the Atlantic City, New Jersey, property that went through bankruptcy last year, according to people with knowledge of the situation.
A bid from Caesars isn't certain, said the people, who asked not to be named because deliberations are private. Offers for the property, which opened in April 2012, are due in two weeks, and no negotiations are under way, they said.
Kentucky Baptists to Fight Gambling Expansion in State
(Associated Press) - The Kentucky Baptist Convention is speaking out against expanded gambling in a new radio ad aimed at stirring grassroots opposition to legalizing casinos.
The ad is debuting today on Christian radio stations. It features the Baptist Convention's executive director, Paul Chitwood. He says casino operators want to "cash in on the misery" of others.
Neteller customers Targeted in Phishing Scheme
Customers of the popular online wallet Neteller were targets of an apparent phishing scheme, it was revealed this week.
Numerous customers received emails over the weekend notifying them that their accounts would be closed if they did not provide pertinent personal details. Those emails turned out to be fake.
The email appeared as such:
Dear [e-mail address]
Gambling Expansion a Hot Topic Tuesday in Illinois: Odds Improve
EAST ST. LOUIS, Ill. (Associated Press) — A state lawmaker believes his latest bid to expand Illinois gambling may finally bear fruit now that the state's thorny pension crisis has been resolved to the satisfaction of the governor who twice spiked measures that would have added casinos.
State Rep. Robert Rita, a Democrat from the Chicago suburb of Blue Island, effectively was to launch his quest Tuesday with a meeting at East St. Louis' Casino Queen, where he was to seek input from the region's casinos, a horse track and local officials.
Singer Susan Boyle Applies for Job With Bookmaker Ladbrokes
Say what?
Could one of the best voices in music today, Susan Boyle, have fallen on hard times?
People Magazine has revealed that Ms. Boyle, 52, recently applied for a part time gig at British bookmaker Ladbrokes.
The 16-hour-a-week job at the Blackburn, Scotland shop pays $10 an hour.
Jessica Bridge of Ladbrokes says, "We were as shocked as Simon, Amanda and Piers when Susan asked about the part-time vacancy. She once applied for a job with us before hitting the big time, so it's good to see she's still dreaming the dream of working for Ladbrokes."
Feds Drop Case Against Reputed Mob Boss Who Twice Beat Gambling Charges
PHILADELPHIA (Associated Press) — Federal prosecutors say they won't seek to retry a reputed Philadelphia mob boss who twice beat charges in a gambling and racketeering case.
Joseph Ligambi could have faced a third trial after jurors acquitted him last week of witness tampering while deadlocking on three other charges. But prosecutors filed a motion Monday seeking to dismiss the remaining counts. A judge still has to sign off.
Floyd Mayweather Jr Bets $10 Million on Broncos to Win Super Bowl: Fact or Fiction
Over the past year there have been numerous stories about boxer Floyd Mayweather wagering insane amounts of money on games including a $5.9 million bet on the Miami Heat to win in Game 7 of the NBA Finals. That story never quite proved to be factual.
Delaware’s Foray Into Online Gambling Arena: Casinos Don’t Have a Clue
Three states entered the world of real money online gambling last year – Nevada, New Jersey and Delaware. Nevada was first, New Jersey has proven the most successful and tiny Delaware, well…..
Pennsylvania Explores Online Gambling, Keno
HARRISBURG — (Associated Press) - With top Pennsylvania state lawmakers and Gov. Tom Corbett seeking ways to plug a projected budget deficit, they are considering expanding lottery gambling and, possibly, legalizing online gambling.
The Senate Finance Committee will hear testimony Wednesday that focuses partly on adding keno to the Pennsylvania Lottery's game lineup.
Ezugi launches Uplay1’s Live Hybrid Black Jack: Allows Unlimited Players at Table
Ezugi, the innovative live dealer gaming system provider, today announced it shall be integrating a Hybrid Black Jack solution to allow unlimited players at a black jack table and increase operator’s revenues.
The agreement with Uplay1™, a gaming intellectual Property Company enables Ezugi’s clients to offer live Black Jack that was previously limited to 7 seats per table to be available to unlimited players with a mix of higher and lower bet minimums and enhanced gaming engagement.
Feds Say Paddy Power Rodman Sponsored North Korea Trip Violated Sanctions
The US Treasury Department contends that former NBA star Dennis Rodman’s recent visits to North Korea may have been in violation of sanctions against the so-called “Hermit Kingdom”.
Royalty Free Video, Music Downloads Set to Cripple Netflix: Antigua Fights Back
The tiny island nation of Antigua is set to launch its royalty free video and music site, Gambling911.com is learning. The move is in response to the US failure to abide by a World Trade Organization decision related to online gambling.
Gambling Addicted Former Morgan Stanley Banker Gets Life for Killing Wife
A former product controller at Morgan Stanley has been sentenced to life imprisonment by a UK court.
Manas Kapoor, 35, strangled his wife to death the same day he was to attend a disciplinary hearing after it was discovered he had gambled away millions of dollars belonging to the firm.
Kapoor admitted he was £8,000 in debt and was borrowing from friends and family to support his gambling addiction.
7Red.com Becomes Latest Online Casino With Live Dealers
7Red.com, which recently named former Heavy Weight Champion Mike Tyson as its brand ambassador, is the latest online casino to incorporate live dealers. And who knows? Maybe you’ll get to play along side Iron Mike.
Hearing Scheduled on Illinois Gambling Expansion
SPRINGFIELD, Ill. (Associated Press) - The lawmaker seeking approval for expanded gambling in Illinois will conduct several hearings to get public input.
Rep. Bob Rita is a Blue Island Democrat. He said Thursday that the first hearing will be Jan. 28 at the Casino Queen riverboat casino in East St. Louis.
Rita took over the expansion plan last spring after Gov. Pat Quinn vetoed past attempts for lacking ethical and legal safeguards.
Bonanno Crime Family Members Taken Into Custody for Alleged Role in Heist
(Reuters) - Five reported members of a New York crime family were taken into custody on Thursday and charged with crimes including racketeering, murder and the long-unsolved 1978 Lufthansa heist at John F. Kennedy International Airport.
New Jersey Looking at Massive Online Gambling Expansion Beyond its Borders
ATLANTIC CITY, N.J. — (Associated Press) - Two New Jersey lawmakers have introduced a bill that would drastically expand Internet gambling in the state, allowing it to take bets from other states and countries.
