Business & Financial
First Multi-State Online Poker Deal Set to Begin Today in US
The first interstate compact between two US states combining their respective player pools was set to begin Tuesday February 25, 2014.
Seminole Hard Rock Hotel & Casino Tampa Has $2.8 Million Winner
TAMPA, Fla. – A Jackpot Empire slot machine at Seminole Hard Rock Hotel & Casino Tampa lived up to its name early Sunday morning when one lucky player from Riverview, Fla. (who chose to remain anonymous) claimed a whopping $2.8 million jackpot.
The Bally’s manufactured penny slot machine, located by the Jubao Palace, produced the second largest jackpot ever won at the property.
The high-water jackpot mark at Seminole Hard Rock Hotel & Casino Tampa was previously set on June 29, 2012 -- $3.6 million.
Canbet Players Owed At Least Half a Million GBP: Screwed Customers Revolt
SBR Forum, a popular sports betting social media outlet, has recorded a total of 255 customers owed in excess of 500,000 GBP by insolvent Canbet.com, one of the first online sportsbooks to burst onto the scene back in the late 1990’s.
Full Tilt Poker Payments to be Made Friday: Players Have Waited Nearly 3 Years
After a nearly three year waiting period, US customers are finally about to see millions of dollars paid back from their time playing at Full Tilt Poker.
A claims administrator appointed by the US Government approved refunding of $82 million to some 30,000 players last month.
Adelson and Las Vegas Sands Corp to Spend ‘Billions’ on Japan Casino
* CEO Adelson said would spend $10 bln but rather invest $7 bln
* Adelson "wouldn't be happy" with equity partners, but not ruling out possibility
* CLSA estimates Japan gaming market could reach $40 bln a year
TOKYO - (Reuters) - Las Vegas Sands Corp Chief Executive Sheldon Adelson said on Monday his company was willing to spend "whatever it takes" to set up a casino project in Japan, one of the largest untapped gaming markets in the world.
Casinos More Likely to Outsource Security to Private Companies
LAS VEGAS (Associated Press) — When Springfield, Mass. needed to choose who would build its first casino, the city hired an outside adviser to help with the process.
The consulting firm Shefsky & Froelich recommended that the deal go to MGM Resorts International. At the same time, the consulting firm was also working as a registered lobbyist in Illinois for MGM Resorts.
Federal Bill Outlawing All Online Gambling Except Poker to be Introduced in March
U.S. Senator Dean Heller (R-Nevada) said he anticipates new federal legislation banning all forms of online gambling except poker to be introduced in the coming months. Such a measure would ban Internet sports betting and online casinos, the later of which are currently permitted in the state of New Jersey.
Heller and others in Congress have attempted to pass similar legislation in recent years without any success.
North vs. South in New Jersey Gambling Expansion Debate
North New Jersey lawmakers want a casino in the Meadowlands, just a minutes drive away from Manhattan (barring rush hour). South Jersey lawmakers want gambling to be inclusive to Atlantic City.
Playtech to Pay Special Dividend as Profits Rise
(Reuters) - Gaming software developer Playtech (PTEC.L) said it would pay shareholders a special dividend of 100 million pounds ($167 million) as it posted a rise in full-year profit for 2013.
Playtech, which develops software for betting firms such as Paddy Power and Betfair, said on Thursday 2013 adjusted core earnings grew 17 percent to 159.4 million euros excluding the share of profits received from William Hill Online after it sold its stake in the venture last March.
Full Tilt Poker Defendant Ira Rubin ‘Faulty’ Indictment Claim Denied by Judge
A U.S. Court of Appeals for the Second Circuit judge on Wednesday rejected Ira Rubin's claim that his indictment was faulty because the conduct he was charged with was not a crime under the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).
Sands Bethlehem was Main Target of Last Week’s Hacking
LAS VEGAS - (Associated Press) -- Casino giant Las Vegas Sands Corp. said Tuesday that hacking into their websites and internal systems last week went deeper than the company had previously known.
All of the Las Vegas-based company's sites were down for six days after hackers posted images apparently condemning comments CEO Sheldon Adelson made about using nuclear weapons on Iran.
Sands said hackers crashed its email system and stole employees' Social Security numbers.
Bwin.Party Shares Up Another 3.5 Per Cent as Ader Prepares His Move
Bwin.Party shares continued to climb on news that an activist investor, Jason Ader, was getting ready to hand pick someone new to join that online gambling firm’s board. Shares rose another 3.5% Wednesday following the February 18 news.
The Bitcoin Revolution on CBS4 South Florida (Video)
“This high tech coin could make cash money obsolete.” That’s the introduction to a special report Wednesday night on CBS4 South Florida. The video itself should be available on the CBS4 website by Thursday morning.
Real Gaming Becomes Nevada’s 3rd Real Money Online Poker Site to Launch
They wanted to be first but they also wanted to do things right. South Point Casino has finally launched its real money online poker site, changing its name to Real Gaming.
The site has not gotten off to the clean start South Point would have liked, however.
Sands Hackers Got Customer Credit Card Info, Passwords for Slot Machine Systems
LAS VEGAS (Associated Press) — Casino giant Las Vegas Sands Corp. said Tuesday that hacking into their websites and internal systems last week went deeper than the company had previously known.
2014 NJSOA - NJLESA Poker Tournament to Benefit Sandy Relief March 7
Hey poker fans, the 2014 NJSOA/NJLESA Poker Tournament, which we at Gambling911.com like to call the Super Storm Sandy Relief Tournament, will be held this coming March 7 at the Tropicana Casino Poker Room in Atlantic City.
Tropicana Casino Poker Room 2831 Boardwalk Atlantic City, NJ 08401 (609) 340-4000
(All participants are encouraged to arrive early. Participants must register for a free Trop Advantage (players) Card in order to enter the tournament)
‘Love Is Love’ $50k Same Sex Wedding Giveaway Offered at Caesars
Caesars Entertainment in Atlantic City is celebrating same sex marriages with a “Love Is Love” $50,000 same sex wedding giveaway.
From the bachelor or bachelorette party all the way through to the "I Do's", this package features the best of the best in Atlantic City.
One lucky couple will receive a lavish wedding, valued at $50,000, for 100 invited guests complete with a cocktail hour, dinner, custom cake designed by celebri-chef Deb Pellegrino, photographers, flowers, entertainment, luxury accommodations, Bachelor & Bachelorette parties, and more!
Man Behind the Curtain of IGT Shakeup Now Looks to Pull Strings at Bwin.Party
For long time readers of Gambling911.com this may all seem like déjà vu. It was reported Tuesday that an activist investor could be looking to shake things up at online gambling giant Bwin.Party.
Breakup of Bwin.Party Possible With Activist Fund Taking Stake in Company
The Financial Times of London is reporting that a New York-based activist hedge fund will be taking a stake in struggling Bwin.Party.
SpringOwl, which is managed by the activist fund Cumberland Associates, has “agreed in principle” to purchase around 6.1 per cent of Bwin.Party from the group’s founders, Ruth Parasol and Russ Deleon.
As part of the deal, SpringOwl will have the right to appoint one director to the board.
Online Gambling Gold Rush: Adelson was Once Poised to Operate Web Casino
In a 2007 piece appearing in the San Francisco Chronicle, Thomas Somach wrote extensively on the potential for an Internet Gambling gold rush in the US where land-based casinos and even the likes of Disney could get into the fray.
Sands Casino Websites Finally Restored Following Hacking
(Associated Press) - Casino giant Las Vegas Sands Corp. has restored its websites a week after they were hacked.
The Las Vegas-based company pulled down its sites Feb. 13 after hackers defaced them with images condemning comments CEO Sheldon Adelson had made about using nuclear weapons on Iran.
Sands restored the websites Monday afternoon. Spokesman Ron Reese says the company first became aware of the hacking on Feb. 12, when company email went down.
Frustration Continues as Sands Las Vegas, Venetian Websites Down Again
One week after a malicious hacking of the Sands Las Vegas casino websites, the progress getting them back up has been especially slow.
Mt.Gox Bitcoin Exchange Withdrawals to Resume ‘Shortly’
Following a halt to bitcoin withdrawals by one of the anonymous digital currency’s largest exchanges, Mt.Gox, it was announced Monday that these withdrawals should resume “shortly”.
New Jersey Online Gambling Expected to Triple in 2014
The Daily Record of New Jersey describes how that state’s new online gambling sector is expected to triple by year’s end.
Sands Casino Websites Back Up But Slow to Access
Days after a hacking of its various corporate websites, Sands Casino was back up and operational on the Web Saturday evening. Still, the sites were slow to access at times.
The access time had some initial telltale signs of a Denial of Access (DoS) attack though the slow downloads were more likely attributed to routine maintenance.
A DoS attack sends pockets of useless traffic from compromised servers to a website, thus crippling load ability.
Former Atlantic City Mayor Claims Caesars ‘Meddling in Atlantic Club Future’
ATLANTIC CITY, N.J. (Associated Press) — A state senator says the company that bought the former Atlantic Club Casino Hotel wants to make sure it never reopens as a casino.
James Whelan, a former mayor of Atlantic City, wrote this week to New Jersey casino regulators complaining about what he says are attempts by Caesars Entertainment to prevent a future buyer from operating the property as a casino. He said the company is seeking a deed restriction to be part of any future sale of the property dictating that it cannot be used as a casino again.
New Jersey Approves Revel Co-Owners to Operate Casino
ATLANTIC CITY, N.J. (Associated Press) — New Jersey casino regulators gave final approval Wednesday to an investment firm to be the largest owner of Revel Casino Hotel.
The state Casino Control Commission granted final approval to Chatham Asset Management, a hedge fund that is part of a lender group that emerged with an ownership stake in Revel following its bankruptcy last year. Chatham owns 28 percent of Revel.
But how long any of this lasts is anyone’s guess. Revel is considering selling itself or making a second bankruptcy filing.
Sands Hacked Casino Page Now Features Images: Still Reports Record Profits
Four days after Sands Las Vegas casino websites were hacked into, the respective sites for nine different properties are yet to be operating in full capacity.
Stanley Ho's SJM Makes Fresh Start With New Macau Casino
(Reuters) - Macau gambling kingpin Stanley Ho helped put the former Portuguese colony on the map 40 years ago with the fluorescent, onion-shaped Casino Lisboa. Now, the pioneer of old Macau is creating a new landmark - a $3.9 billion resort that will be one of the final projects to open on China's booming Las Vegas-style Cotai strip.
PokerStars Sportsbook: World’s Number One Could Dive Into Sports Betting
The world’ largest real money online poker site PokerStars is said to be contemplating the addition of a sportsbook.
