Business & Financial
Nevada Gambling Revenue Inches Upwards in July
LAS VEGAS — (Associated Press) - State officials say Nevada gambling revenue was up less than 1 percent in July compared with the same month last year.
The Nevada Gaming Control Board reported Thursday that the state's casinos brought in $932 million last month. Las Vegas Strip gambling revenue was up 5 percent to $563 million, while downtown Las Vegas revenue was down 3 percent to $38 million.
Reno casino revenue was down 2 percent in July to $48 million, and South Lake Tahoe gambling revenue dove 23 percent to $25 million.
Las Vegas is Getting an NHL Team by 2017
According to a report in the Vancouver Province newspaper, expansion of the NHL to Las Vegas is a "done deal.''
888 CEO Brian Mattingley to Step Down
(Reuters) - 888 Holdings Chief Executive Brian Mattingley will step down from the day-to-day running of the online gambling company next year and become chairman in a management restructuring, 888 said on Wednesday.
888, which offers casino, poker and bingo games, will promote its Chief Operating Officer Itai Frieberger to a seat on the board in January and he will run the business with Chief Financial Officer Aviad Kobrine when the changes take effect.
Warren Buffett Won’t Play Roulette: Joins Floyd Mayweather in Vegas
TMZ.com caught up with billionaire Warren Buffet while in Vegas. He was there to both gamble and meet up with boxer “Pretty Boy” Floyd Mayweather, Jr.
Horseshoe Casino in Baltimore Opens Tuesday Night
BALTIMORE — (Associated Press) - The Horseshoe Casino Baltimore is scheduled to open, marking a new milestone in Maryland’s development of casino gambling.
Dreyfus: Poker is Mainstream, Legitimate and Bankable
10 years after the first boom, Poker has now reached 100 million fans and grown to become an almost $4 billion industry around the world. Last year, for the first time, more than $1 Billion was spent on buy-ins by live players in poker tournaments aggregated by the Global Poker Index (GPI) across 94 countries.
Michigan Bookies: Detroit, Ann Arbor, East Lansing, Grand Rapids
Michigan bookies are well placed with two of College Football’s most popular and successful programs: The Wolverines and Spartans. Likewise, Michigan bookies can capitalize off of Detroit’s four professional sports franchises including the NFL Lions, MLB’s Tigers, NBA’s Pistons and, in recent years, the more prominent Red Wings.
PokerStars Says ‘No’ to ‘Free Gaza’ and Other Political Messages
Following the EPT Barcelona €50,000 Super High-Roller event of this past week in which WSOP One Drop winner Dan Colman wore a “Free Palestine” shirt and his backer Olivier Busquet wore a “Save Gaza” shirt, PokerStars has put an end to so-called political statement apparel during tournament play.
Deutsche Bank Downgrades Macau
Deutsche Bank has downgraded a number of key casinos in the Macau gambling sector as a response to slowing demand and perhaps fears of Chinese government intrusion. Earlier in the week, Gambling911.com reported on how the Chinese government has begun to crack down heavily on gambling and other so-called “vice” activities.
Las Vegas Goes Gay
LAS VEGAS (Associated Press) — While gay couples still can't get married in the marriage capital of the world, Las Vegas wants to let them know they — and their money — are more than welcome to the buffet of other activities Sin City has to offer.
Upstate New York Bookies In the Line of Fire: Rochester, Buffalo, Syracuse, Albany
If you are a bookie doing business in upstate New York, better be careful. Local law enforcement in that region from Rochester to Albany have been quite aggressive in recent years when it comes to quashing what it deems to be illegal sports betting rings.
Even God May Not Be Able to Save Atlantic City: Employees Offer Prayers
ATLANTIC CITY, N.J. (Associated Press) — They've turned to politicians, bureaucrats, businessmen and union reps to try to save their jobs at three Atlantic City casinos scheduled to close soon. Now, hundreds of soon-to-be unemployed dealers, cocktail servers and hotel workers are turning to what many say could be their last, best chance.
"We're praying for God to open new doors to them," said the Rev. Eric McCoy, president of the Atlantic City Fellowship of Churches.
Plans for New Jersey Gambling Unveiled
(Associated Press) - Developments about the future of gambling in New Jersey came out of Atlantic City, Trenton and the Meadowlands on Tuesday.
— MEADOWLANDS CASINO ... AND MONORAIL
Business leaders laid out plans to transform the Meadowlands into a multi-venue entertainment district, with casinos, hotels, a convention center and even a monorail. Jim Kirkos, head of the Meadowlands Regional Chamber of Commerce, said the goal isn't to build a new Atlantic City. He and others say the upside is huge, given the millions of people within a short drive.
Taj Mahal, Ultimate Poker Rake in Just $26K for Month of July
Harsh reality is setting in for some online gambling firms currently operating out of New Jersey.
Sites overall accounted for $10.07 million during July with $7.92 million going towards casino games such as blackjack and slots and the rest towards online poker.
New York City Bookies – Manhattan Bookies – Queens, Brooklyn, Bronx and the Mob
New York City is the biggest city in the USA and one of the most visited in the world. It shouldn’t surprise anyone that bookies thrive here.
Revel Not Dead Yet: Still Seeks Sale While Losing $1 Mil a Week
CAMDEN, N.J. – (Associated Press) - The troubled Revel Casino Hotel in Atlantic City still hopes to auction off its property but needs to close to stop big losses, a lawyer for it said.
Attorney John Cunningham said in bankruptcy court Monday that the casino is losing more than $1 million every week, The Press of Atlantic City reported.
“Our earnest hope is that we will have a successful auction,” Cunningham said. “But it takes two to tango. … It may be [that] some of the dust has to settle from the shutdown.”
What’s a Good Place to Bet the NFL Online? AceSportsbook.com
You can bet the NFL online at AceSportsbook.com and get every imaginable wagering option including most futures here.
AceSportsbook.com is a fabulous online sportsbook that will be celebrating its second NFL betting season with Gambling911.com.
Wife of Oman Foreign Minister Must Pay Casino £1m
The wife of Oman’s foreign minister is being ordered to pay £1m lost at the Ritz Casino in London. She has already paid back the initial £2m lost in April of 2012.
Noora Abdullah Mahawish Al-Daher, who is married to the foreign minister of Oman, signed checks in exchange for gambling chips. Those checks were later dishonored, according to court documents.
She and her family later gambled away £3m ($5m) in Las Vegas. Mrs Al-Daher would later claim she had a gambling problem and that the Ritz Casino should have exercised better care in restraining her from betting.
Real Money Online Poker in California to Launch Next Week
Forget that another year has come and gone without passage of online poker legislation in the state of California. Don’t tell that to the Santa Ysabel Gaming Commission, which plans to turn its free-to-play online poker site into one where customers can play for real money some time between August 26 and 28.
Revel Casino Wanted to Close Today (June 18)
ATLANTIC CITY (Associated Press) — If the owners of Revel Casino Hotel had their way, the $2.4 billion resort would have been shut down on Monday.
Revel Entertainment had asked New Jersey casino regulators for permission to close down on Aug. 18. But the state Division of Gaming Enforcement denied the request, eventually prevailing upon Revel to remain open until Labor Day weekend.
Revel’s hotel will close at 11 a.m. Sept. 1, and the casino will shut down at 5 a.m. the next morning.
What is a Good Site to Bet Football Online? BetPhoenix.com
Gambling911.com would like to welcome BetPhoenix.com into the fold as one of the premiere places to bet football online in 2014.
EPT100: Estrellas Breaks PokerStars Record: €50K Kicks Off Monday
Estrellas Barcelona Main Event is the Largest Unique Field in PokerStars History
Reuters: Chips Are Down for Atlantic City's Hard-Luck Revel Casino
(Reuters) - When the $2.4 billion Revel Casino opened its doors in 2012, the curvy blue-glass tower was hailed as the wave of the future for Atlantic City, New Jersey.
But only two years later, with the announcement that it will close next month while in bankruptcy for the second time, the gleaming, 52-story gambling palace is looking very much like a white elephant stranded on Atlantic City's beachfront.
New Jersey Bookies Look for Bountiful Year Due to Offshore Exit
Amaya Gaming Releases 2nd Q Financial Results on Heels of PokerStars Acquisition
Amaya Gaming on Friday released their 2nd quarter results following the company’s acquisition of the world’s largest real money online poker company, PokerStars.com.
SECOND QUARTER AND SUBSEQUENT HIGHLIGHTS
Bookmaker Hopes to Dominate Live In-Play Betting for 2014 Football Season
Gambling911.com recently visited the Bookmaker.eu offices and its expansive state-of-the-art live in-play betting department (pictured), which may very well put even the European sportsbooks to shame.
Bet365.com Samuel L. Jackson Promos Under Scrutiny
Popular British-based online bookmaker Bet365 has come under fire down under with its promos that feature Hollywood actor Samuel L. Jackson. The company is accused by the Australian Competition and Consumer Commission (ACCC) of failing to properly disclose terms associated with offers of free bets and deposit bonuses.
Pittsburgh Area Bookies: Western PA
Pittsburgh area bookies cater to a hardcore sports betting crowd that have pledged their allegiance, not only to the Steelers, but to the Penguins NHL team and, to a lesser extent perhaps, the Pirates MLB team. Pittsburgh colleges have enjoyed success in Men’s Basketball and to some degree Football.
Poker Pros Dropping Like Flies as Sites Scale Down: UltimatePoker, PokerStars
UltimatePoker.com is the latest online poker site to slash its professional poker team, this time in half.
Gone are Phil Collins (no relation to the famous singer), Jeremy Ausmus, Lauren Kling and William Reynolds.
2012 One Drop winner Antonio Esfandiari and Jason Somerville remained on the Ultimate Poker roster.
The news comes as PokerStars has begun to shrink its Latin American pro roster.
Revel Casino Still Looking for Bidders
Atlantic City, N.J. (Associated Press) - A day after announcing it will shut down next month, Revel Casino Hotel told a bankruptcy court judge it is still negotiating with potential buyers.
In a notice adjourning an auction of Revel that had been set for Thursday, its lawyers say they are engaged in "ongoing negotiations" with "certain potential bidders" they did not identify. The filing follows Revel’s announcement that will shut down by Sept. 10, having been unable to find a buyer.
