Gambling
Wynn Land Owner and Convicted Felon Pleads Not Guilty to Wire Fraud
BOSTON — (Associated Press) - An owner of the land that Wynn Resorts is planning to develop into a $1.6 billion casino has pleaded not guilty to federal wire fraud charges in connection with the land deal.
Charles Lightbody, of Revere, is set to be released Tuesday on an unsecured $50,000 bond that comes due if he violates the terms of his release. The terms include remaining in Massachusetts, adhering to a 7 p.m. curfew, not drinking alcohol excessively and wearing a monitoring bracelet.
Legalized Online Sports Betting in Canada ‘Not Even on Government’s Radar’
Hartley Henderson of OSGA.com confirmed Monday that legalized sports betting in Canada will not become an issue for offshore sportsbooks following concerns over Ladbrokes abrupt departure and public statements made by the Atlantic Lottery Corporation.
Michael Phelps Suspended From USA Swim Team After DUI, 8-Hour Gambling Spree
US gold-medalist swimmer Olympian swimmer Michael Phelps was suspended by the national team for 6 months following last week’s arrest for Driving Under the Influence (DUI).
The 18-time Olympic champion also lost six months of funding from the sport’s national governing body as a result of his second DUI. A previous arrest was made in 2004.
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‘Playing for the Mob’ Review: ‘A First Class Effort by ESPN’ Says Herald
The Boston Herald seemingly has given “Playing for the Mob” two thumbs up.
The ESPN docu-drama is narrated by Ray Liotta, chronicling the Boston College point-shaving scandal of the late 1970s, carried out by mobster Henry Hill, Liotta's "Goodfellas" character, and his various associates.
Sports Betting Ruling in New Jersey Postponed Until October 31
NEWARK — (Associated Press) - Casinos and racetracks in New Jersey will have to wait a little longer to see how a judge will rule on the state’s efforts to allow legal sports gambling.
U.S. District Judge Michael Shipp was to have published an opinion on Monday. But the judge granted an extension so the two sides could file more briefs.
Shipp will hear oral arguments in Trenton on October 31. He’ll then rule on whether his 2013 order permits New Jersey to allow sports betting as long as it isn’t state-regulated.
Survey Finds Casino Slots Players Obese, Poker Players the Skinniest
Jackpot.co.uk has released a riveting – and some would say shocking – report detailing the various physical fitness attributes and contributory lifestyles of various casino players based on the game of choice.
‘Son of Sam’ Laws Could be Applied to ‘Real Housewives’ Sentencing
“Real Housewives of New Jersey” stars Joe and Teresa Giudice could be forced to give up any profits derived from their appearances on the popular reality series as well as any future book deals.
Both are heading to prison for fraudulently obtaining millions in loans and for hiding income and assets in their 2009 bankruptcy filing.
Vaccaro: ‘House has Won Every Week in NFL So Far’
LAS VEGAS – (Associated Press) - Jimmy Vaccaro thought he would offer bettors a little fun — and a long-shot chance at some real cash — when he put up a proposition this week at 25-1 odds on the Jacksonville Jaguars going winless this season.
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250 Percent Hike in Gambling Addictions
One in every four people admitted to addiction treatment centers are specifically suffering from chronic online gambling, treatment providers have revealed.
Such is the case in Ireland where a 250 percent hike in such addictions has been observed over the past three years. Such behavior has been further fueled by the introduction of mobile and live in-play betting.
Feds: Owners of Wynn Land Concealed Mob Ties, Three Men Charged
BOSTON — (Associated Press) - Owners of the heavily polluted waterfront property that Wynn Resorts plans to develop into a $1.6 billion resort casino attempted to conceal the fact that a convicted felon and known mob associate was profiting from the land deal, according to federal and state grand jury indictments unsealed Thursday.
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Fantasy Sports, Live In-Play Wagering Helping to Boost Sports Betting
Fantasy Sports was a hot topic at this week’s Global Gaming Expo with daily leagues helping to fuel sports betting.
Joe Asher, CEO of William Hill, which operates sportsbooks in Las Vegas told those in attendance that “the business is very, very healthy”.
Adelson Blasts Internet Gambling at G2E Gaming Expo: Wants to Buy Meadowlands
LAS VEGAS (Associated Press) — Billionaire Sheldon Adelson repeated his distaste for Internet gambling during a talk Wednesday night at the G2E Global Gaming Expo in Las Vegas, saying there was no reason casinos should be in the pockets of every single American.
"You cannot know your customer on the Internet," he said. He posed a hypothetical situation involving a person of legal age signed in on a mobile device to an online game who then passed the device off to a minor.
Adelson is the CEO and chairman of the Sands Corp.
Former NFL Player Reche Caldwell Faces Up to 20 Years Prison in Gambling Probe
Former NFL player Reche Caldwell could face up to 20 years in prison for running an illegal gambling business. But that’s not all he’s in trouble for.
Caldwell, 35, was also charged in a scheme to distribute the drug “Molly”.
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Hard Rock Hotel and Casino Coming to Atlantic City?
The parent company of the famed Hard Rock Hotel and Casino is poised to enter the Atlantic City casino market.
The Hard Rock parent company, Toronto-based Brookfield US Holdings LLC, won a bankruptcy court auction for the failed Revel in Atlantic City on Wednesday and plans to re-open it as a casino.
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Michael Phelps DUI Arrest Follows 8 Hour Gambling Binge
Olympic gold medalist swimmer Michael Phelps has publicly apologized for a DUI arrest in Baltimore early morning Tuesday following a reported 8-hour gambling binge.
We May Now Know Who Killed Mobster Bugsy Siegel
The mystery behind mobster Bugsy Siegel’s 1947 murder may finally have been solved. Benjamin 'Bugsy' Siegel was shot dead in his girlfriend's home in June of that year.
The family of Siegel’s former best friend, Moe Sedway, has stepped forward claiming to know who was behind the murder and why they did it.
MONA Founder Makes Millions From Gambling: Now Calls It ‘Immoral’
David Walsh is the driving force behind MONA, the Museum of Old and New Art, reports Leigh Sales of the Australian Broadcasting Company (ABC).
And Walsh has also made millions from gambling over his lifetime.
Revel Casino Auction Ongoing Tuesday
ATLANTIC CITY (Associated Press) - A bankruptcy court auction for Revel, the failed luxury casino-hotel on the Atlantic City Boardwalk, is scheduled to resume.
An auction that began last Wednesday was suspended due to the approach of the Rosh Hashanah holiday. It will continue on Tuesday.
Revel has refused to reveal details of what has transpired so far.
NJ Sports Betting Bill II to be Introduced Thursday: Leagues Cry Foul
Just days ahead of New Jersey state senator Raymond Lesniak’s anticipated introduction of a new sports betting bill, the professional sports leagues have decided to sue the Garden State for Governor Chris Christie's decision to permit legalized sports wagering absent of any law.
The leagues won’t have any of this, however, claiming that New Jersey is in violation of the Professional and Amateur Sports Protection Act. ("PASPA").
Pro Leagues Pile on New Jersey to Stop Sports Betting
NEWARK, New Jersey — (Associated Press) - Four major professional sports leagues and the NCAA filed a court challenge to the state's latest attempt to offer legal sports gambling on Monday, calling the effort "astounding," ''specious" and a "blatant violation" of an earlier court order.
Belgium to Tax Poker Pros at 75 Percent
If you happen to be a professional poker player, you probably don’t want to be living in Belgium.
The European nation and home to the European Union has decided to tax poker pros at an astonishing 75%.
Belgium's financial portal tijd.be reports that authorities were looking to change the way in which taxes for poker players are calculated in the country.
From PokerNews.com:
Indiana State University Shooting Connected to Gambling, Man Arrested
A 21-year-old man has been arrested in connection to a weekend shooting at Indiana State University that left another individual wounded in his buttock.
Calvin McCauley of Indianapolis has been charged with attempted murder. Police say he and the victim knew each other.
ESPN Gambling Reporter Dave Tuley Talks Network’s Decision to Cover Sports Betting
If you've noticed an increased emphasis on sports gambling on ESPN this football season--both on television and on its website--you're not imagining things.
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