Gambling

John Goodman Joins ‘The Gambler’ Cast

“Inside Llewyn Davis” star John Goodman has joined the cast of “The Gambler” remake.  He will star along side the likes of Mark Wahlberg and Jessica Lange. 

James Caan was nominated for a Golden Globe for his performance in the 1974 original.

Here is an excerpt from Wikipedia regarding the plot:

Submitted by Jordan Bach on, Jan/09/2014

Mobster Gets More Than 9 Year Sentence for Pot Distribution

Though his lawyer argued the drug is mainstream, mobster Salvatore Larca has been sentenced to 9.5 years behind bars for running an illegal marijuana distribution business. 

The reputed Genovese crime family member admitted to running the operation from the Bronx, New York.

Submitted by Gilbert Horowitz on, Jan/09/2014

Cantor Could Pay Over $2 Million in Damages Resulting From Colbert Indictment

Cantor Gaming, which changed its name to CG Technologies this week, has agreed to pay over $2 million under a tentative settlement reached over the weekend with the Nevada Gaming Control Board, according to the Wall Street Journal.

Submitted by Aaron Goldstein on, Jan/09/2014

Openings Set to Start in Mob Financial Fraud Case

CAMDEN — (Associated Press) - Federal prosecutors will start making their case to jurors that a group of Philadelphia and southern New Jersey mobsters pulled off a white-collar financial fraud scheme.

The trial of Nicodemo Scarfo and six other defendants is scheduled to start Wednesday. Prosecutors say the defendants used threats to take over a mortgage company and then kept the firm’s assets for themselves.

Submitted by Associated Press on, Jan/08/2014

76ers, Devils Ink Online Gambling Sponsorship Deal

NEWARK, N.J. (Associated Press) — The Philadelphia 76ers of the NBA and the New Jersey Devils of the NHL have become the first major U.S.-based professional teams to sign a sponsorship deal with an online gambling company.

Submitted by Associated Press on, Jan/08/2014

Gambling911.com World Exclusive: Americas Cardroom Now has Bitcoin Option

As first reported by Gambling911.com Monday, the biggest online poker room to date will begin offering bitcoin deposit and withdrawal options.  Depositing via bitcoin will be available as of today (January 8, 2014).  Withdrawal availability will follow shortly.

Submitted by C Costigan on, Jan/08/2014

Morgan Stanley Employee Gambled Away Millions of Bank’s Funds, Strangled Wife

A former product controller at Morgan Stanley was terminated by the company after losing millions of dollars due to an “accounting error”.  Investigators also believe Manas Kapoor, 35, strangled his wife to death the same day he was to attend a disciplinary hearing.

Kapoor admitted he was £8,000 in debt and was borrowing from friends and family to support his gambling addiction.

Submitted by Jagajeet Chiba on, Jan/08/2014

Three UTEP Men’s Basketball Players Ousted For Betting on Games

The leading scorer for the University of Texas men’s basketball team, McKenzie Moore, has been kicked out of the program along with two other reserves after they were discovered betting on sporting events.  The school emphasized that there is so far no evidence of point shaving or betting on Miners games.

Submitted by Tyrone Black on, Jan/07/2014

New Jersey Internet Gambling Accounts Reach 150,000

ATLANTIC CITY — (Associated Press) - The number of Internet gambling accounts created in New Jersey continues to grow and is nearing 150,000.

New Jersey online gambling was authorized last year to give a boost to Atlantic City’s struggling casino industry, which has been beset by increasing competition for the past seven years. It began with a five-day trial period on Nov. 21 and launched publicly on Nov. 25.

Submitted by Associated Press on, Jan/07/2014

Hedge Fund Billionaires Take Stake in Caesars Online Gambling: Take on Adelson

Three billionaires against one: George Soros, John Paulson and Leon Cooperman have reportedly taken a stake in Caesars Acquisition Co, the online gambling spinoff of the Vegas giant.  ((Image credit: Steve Brodner)

Submitted by Gilbert Horowitz on, Jan/07/2014

Nevada Gaming Control Board Files 18-Page Complaint Against Cantor Gaming

The Nevada Gaming Control Board (NGC) has filed an 18-page complaint against Cantor Gaming following a lengthy investigation.  A former director of the company was indicted by US law enforcement in late 2012 for his role in an illegal sports betting venture and pleaded guilty to one count of conspiracy this past summer. Read Complaint Here

Submitted by Gilbert Horowitz on, Jan/07/2014

Former NFL Player Donald Caldwell Charged With Bookmaking

TAMPA, Fla. – (Associated Press) - Former NFL and University of Florida player Donald “Reche” Caldwell has been arrested by Tampa police on charges of operating an illegal gambling house and bookmaking.

Police say Caldwell was one of three leaders of the operation. Five other men are facing a variety of charges including probation violations, possession of a controlled substance and illegal gambling.

Submitted by Associated Press on, Jan/07/2014

Biggest Online Poker Room Yet to Begin Offering Bitcoin – G911 Exclusive

Gambling911.com has confirmed that one of the world’s largest online poker networks is set to begin offering the anonymous online currency bitcoin as early as this week.

This room will also convert bitcoins to cash on their end to minimize the risk factor for players, we have been advised.  Until now, players have been relegated to online poker rooms that were either new to the seen or only offered bitcoin exclusively as a deposit or withdrawal method. 

Submitted by Nagesh Rath on, Jan/06/2014

Paddy Power Takes Swipe at ‘Fat, Lazy Footballers’ in ‘Ball of Shame’ Ad (Video)

Ireland’s largest bookmaker, Paddy Power, debuted its latest ad during this past weekend’s Arsenal v Tottenham FA Cup game on ITV.  The so-called “Ball of Shame” advertisement takes a swipe at “lazy, fat footballers”.

More specifically, the betting firm seems to take issue with aforementioned “lazy, fat footballers” also making millions of pounds (dollars).

Submitted by Alistair Prescott on, Jan/06/2014

North Korea Leader Feeds Uncle to 120 Dogs: Paddy Power Ends Rodman Deal

Reports surfaced this past weekend that North Korea’s Supreme Leader Kim Jong Un had his uncle stripped naked, thrown into a cage, and eaten alive by a pack of 120 ravenous hounds, this according to a Chinese press report.

Submitted by Jagajeet Chiba on, Jan/06/2014

Delaware to Review Gambling Sector

DOVER — (Associated Press) - A panel examining challenges facing Delaware’s gambling industry is close to submitting recommendations for state lawmakers to consider.

The lottery and gaming study commission will convene today at Legislative Hall to review its list of options.

The panel also planned to review an accounting firm’s report on economic and financial benchmarks for Delaware’s three casinos.

Submitted by Associated Press on, Jan/06/2014

South African Company First to Assemble Gambling Machines

A South African gaming group (Grand Parade Investments) has announced that they will be the first manufacturer to assemble gambling machines in South Africa.  

 

Submitted by Payton on, Jan/06/2014

Robocoin Bitcoin ATM Arrives in Hong Kong, Taiwan: 50 Machines Sold

Robocoin, the first ever shipping ATM, has arrived in Hong Kong and Taiwan, thus helping to make the alternative payment solution even more mainstream. 

Submitted by Aaron Goldstein on, Jan/04/2014

Online Gambling Exceeds Expectations for Borgata in Atlantic City (Video)

Appearing on CNBC's "Squawk Box", Tom Ballance, Borgata Hotel Casino & Spa president and COO, discussed the early success of legalized online gambling in the state of New Jersey for his casino. 

Borgata’s managing partner Boyd Gaming utilizes the PartyPoker platform.  It was one of two companies to get an early start launching in the Garden State.

Submitted by Aaron Goldstein on, Jan/03/2014

Glitches, Bugs Persist With New Jersey Online Gambling, Poker Sites

In just over one month, New Jersey’s launch of real money online gambling has proven a huge success with over 40,000 individuals having signed up to open accounts.

The process hasn’t always gone smoothly, however.

Case in point:  One Gambling911.com reader wrote us to discuss his experience signing up with Caesars Online Poker, utilizing the popular 888.com platform.

Ralph P., a resident of Northern New Jersey, writes:

Submitted by C Costigan on, Jan/03/2014

Maryland Live Casino to Hire Atlantic Club Employees Following Closure

ATLANTIC CITY, N.J. - (Associated Press) -- A Maryland casino will hold a job fair next week for soon-to-be laid-off workers at Atlantic City's Atlantic Club Casino Hotel.

Maryland Live! will interview employees of the Atlantic Club who will lose their jobs when it closes Jan. 13. The casino has more than 100 openings across all departments, and says it will eventually need even more workers than that.

Submitted by Associated Press on, Jan/02/2014

Macau Casinos Hit Jackpot With $45 Billion in Revenues for 2013

HONG KONG — (Associated Press) - The tiny Chinese city of Macau has again smashed its annual record for casino earnings as revenues last year hit a staggering $45 billion, further underlining its position as the world’s biggest gambling market.

Submitted by Associated Press on, Jan/02/2014

You’ve Read the Rest…Now Get the Real Best of 2013 in Gambling

So all the websites have come out with their annual “Best of in Online Gambling” looking back at the eventful year of 2013.

Submitted by Ace King on, Jan/01/2014

PokerStars: Closure of Atlantic Club Casino was Avoidable

This was not the greatest year for the world’s largest online poker room, PokerStars.com.

While it’s true they continue to amass the largest chunk of the Web poker landscape, Stars insistence on operating in the US market post 2006 prohibition has apparently come back to bite them in their respective ass.

Submitted by Ace King on, Dec/31/2013

‘Sopranos’ Star Tied to Cop’s Murder to be Set Free

“Sopranos” actor Lillo Brancato will be a free man Tuesday (December 31, 2013) after serving less than 10 years for a botched robbery that led to the murder of NYPD cop Daniel Enchautegui. 

The 28-year-old officer was fatally shot in the chest on December 10, 2005 upon arriving at the burglary-in-progress at his neighbor’s home.

Submitted by Jagajeet Chiba on, Dec/30/2013

MGM Files Final Application to Build $800 Mil Massachusetts Gambling Complex

BOSTON — (Associated Press) - MGM Resorts International, which hopes to build an $800 million gambling and entertainment complex in Springfield, became the first company in Massachusetts to file a final resort casino application Monday with state regulators.

Submitted by Associated Press on, Dec/30/2013

Wisconsin Lac du Flambeau Chippewa Tribe Looks to Enter Online Gambling Arena

After announcing it was in the process of entering the controversial payday loan business, Wisconsin’s Lac du Flambeau Chippewa tribe may be eyeing more lucrative business ventures, specifically online gambling.

Submitted by Gilbert Horowitz on, Dec/30/2013

Atlantic City Murder Rate Lowest in 30 Years: Still Ranked Among Most Dangerous

Only three people were murdered in the New Jersey seaside gambling resort of Atlantic City in 2013 with just two more days to go.  That’s a steep drop from the 18 murders last year.

Submitted by Jagajeet Chiba on, Dec/30/2013

Nevada Casino Revenues Up 12 Percent in November

LAS VEGAS (Associated Press) - State officials say Nevada gambling revenues went up nearly 12 percent this November compared with a year earlier.

The state Gaming Control Board released a report Monday showing casinos won $876 million in November.

Revenues jumped almost 23 percent year-over-year on the Las Vegas Strip, which brought in $529 million last month.

Downtown winnings fell 1 percent to $38 million.

Reno casino revenue climbed 17 percent to $43 million, while South Lake Tahoe winnings dropped 2 percent to $17 million.

Submitted by Associated Press on, Dec/30/2013

2014 Starts Ominously With New Jersey Governor Watching Gambling

ATLANTIC CITY, N.J. (Associated Press) -- The new year is a crucial one for Atlantic City's future, and 2014 won't start auspiciously.

This is the fourth year of a five-year grace period New Jersey Gov. Chris Christie has given the seaside gambling resort to turn around its struggling fortunes before considering expanding casinos to other parts of the state - something casino executives fear will decimate the already wobbly market.

Submitted by Associated Press on, Dec/30/2013

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Top Betting Markets May 30 - Hot Searches

While MLB games dominate the Friday evening schedule, on Saturday the Pacers have a shot at advancing to the NBA Finals should they beat the New York Knicks.  We also have UFC Fight Night on Saturday.