Gambling
PokerStars Welcome in New Jersey: Wants to Purchase Atlantic City Casino
State Senator Raymond Lesniak, who is behind efforts to legalize online gambling in the state of New Jersey, says he welcomes PokerStars. The world’s largest real money poker site is looking to acquire the Atlantic Club Casino in Atlantic City.
Philadelphia Casino Fined Over Banned Gamblers
PHILADELPHIA (Associated Press) — State gambling regulators say the operators of Sugarhouse Casino in Philadelphia have agreed to $15,000 in fines for three cases in which patrons gambled there even though they were banned from entering casinos in the state.
The Pennsylvania Gaming Control Board on Wednesday announced the fines against HSP Gaming LP, which operates Sugarhouse.
The board says one case happened when a person banned from gambling in the state played table games at the casino from June 29 to July 3.
Horseshoe Casino Set to Open in Cincinnati
The highly anticipated $400 million Horseshoe Casino is set to open its doors on March 4. The establishment will employ some 2000 people.
The Horseshoe Cincinnati is the fourth and final casino approved by voters in 2009 via a constitutional amendment. It will be operated by Caesar’s Entertainment.
888 Launches Real Money Facebook Platform
888.com, which operates the 6th largest online poker room in the world, has announced the launch of “real money” online poker on Facebook in the UK. They are the second operator after Bingo Friendzy to do so.
888 Holdings’ shares rose 3.7 per cent to 113.25p in morning trading.
Itai Freiberger, 888’s chief operating officer, said: “888 has long recognised the potential for social gaming. Our Facebook freemium [play for fun] offerings have found a significant audience, and we are very excited by the opportunity that real money gaming on Facebook provides.”
Defense: Philly Mob Boss was Rainmaker
PHILADELPHIA — (Associated Press) - A mob lawyer in Philadelphia tried Tuesday to persuade jurors that an alleged La Cosa Nostra boss was a rainmaker at a trash disposal company, not a no-show Teamsters worker.
Miami Police Under Investigation by Feds in Bookmaking Case
At least a half dozen Miami police officers are under investigation by the FBI for allegedly providing protection to a Liberty City sports gambling operation, according to the Miami Herald. At least one officer has been relieved of his duties.
Massachusetts Exploring Online Gambling Opportunities
The state of Massachusetts is the latest to explore opportunities in the online gambling realm.
State Treasurer Steven Grossman wants the Massachusetts lottery to offer various games of chance and even fantasy sports betting.
“Until the Legislature acts and passes legislation, none can be done online,” Mr. Grossman said.
"Anything we do would have to be approved by the Legislature,” he said.
From The Telegram:
Who Would Have Thunk It: Larry King a Successful NFL Bettor
Larry King is killing it this season with his NFL bets! Yes, THAT Larry King!
The radio and CNN icon now picks games on his new online show at Ora TV.
Fox Poker Club in London Abruptly Shuts Down: Will Reopen Spring 2013
Without much advance notice, the Fox Poker Club in London has closed its doors but will reopen next Spring as a newly named Genting casino.
The Fox Poker Club, which is currently operated by Genting, tweeted the announcement at around 5 pm local time.
Fox Poker Club is now CLOSED. Thanks to all of our customers for supporting the club over the past two years.
More announcements quickly followed:
The club may be closed but the location will be refurbished and reborn in Spring 2013 as an exciting new Genting venue
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.
