Twenty-seven people, including a Pince Crest man and a former pro baseballscout, were charged in a billion-dollar-a-year gambling ring. New York CityPolice Commissioner Ray Kelly says the illegal gambling ring quote —“rivals casinos for the amount of betting.” The massive betting ring was runthrough a web site called Playwithal-dot-com, run by the poker player, JamesGiordano, […]
Tag Archives: poker
Twenty-seven people, including a Pince Crest man and a former pro baseballscout, were charged in a billion-dollar-a-year gambling ring. New York CityPolice Commissioner Ray Kelly says the illegal gambling ring quote —“rivals casinos for the amount of betting.” The massive betting ring was runthrough a web site called Playwithal-dot-com, run by the poker player, JamesGiordano, […]
The Unlawful Internet Gambling Enforcement Act of 2006 won’t stop onlinegambling but it will cause consolidation in the industry and a furtherexample of this was announced today as Bodog is now the proud new owner ofBetcorp’s operating subsidiaries. Bodog agreed to buy out Betcorp for areported $9 million. Betcorp operated the highly successful onlinesportsbook BetWWTS.com […]
In an interview with the publication WWMT this week Professor Bill Eadingtonof the Institute for the Study of Gambling and Commercial Gaming says thatthe publicly traded companies from the UK have become very significantplayers in the business and this has increased integrity and trust levels inthe industry in general. WWMT points out that growth estimates […]
Dow Jones Newswire reports that against a background of full hotels and aninflux of gambling industry bosses, the absence of online gambling will benoticed at the Global Gaming Expo this week. Commenting on the absence ofonline gambling at the AGA conference, Dow Jones says that it is one sourceof possible growth that the big names […]
City police and federal law enforcement drew a royal flush Saturday whenthey bet the house on a raid that folded an underground poker game. Sixmonths after learning that high-stakes, invitation only Texas Hold ‘Em gamesmight be occurring in Warren, local police – with the help of federalauthorities – raided a Woodland Street N.E. building early […]
City police and federal law enforcement drew a royal flush Saturday whenthey bet the house on a raid that folded an underground poker game. Sixmonths after learning that high-stakes, invitation only Texas Hold ‘Em gamesmight be occurring in Warren, local police – with the help of federalauthorities – raided a Woodland Street N.E. building early […]
Britain-based betting exchange Betfair, has teamed up with local operatorsCapital Events for the six-day Asian Poker Tour. More than 370 players havepaid the $US5000 buy-in for the main event which begins on Wednesday at theMeritus Mandarin Hotel. Qualifying starts today, and players from 32countries, including Singapore, will be after the prize pool of about $US2million, […]
As the rain whips leaves against the window, 10 women gathered around aconference room table describe how gambling destroyed their lives. “I wentthrough my daughter’s college fund,” says one. “I’ve committed crimes,stolen from employers, lost $100,000,” says another. “My mother, who wasdying of cancer, came to the casino at 4 a.m. to get me,” says […]
Online gamblers miffed at recent federal legislation that seeks to blockInternet gambling were cheering after Representative Jim Leach, R-Iowa, thesponsor of the anti-gaming legislation, was defeated in this week’selection. “A victory for Internet gambling as Jim Leach gets voted out,”crowed Gambling911, a pro-gambling Web site, for instance. Leach had servedfor 30 years as a congressman […]
The online gambling industry, facing billions in losses because of a newU.S. law, is scrambling for ways to keep Americans in its game. PresidentBush signed legislation in mid-October that bars U.S. banks and financialfirms from sending credit card payments or other funds to sites involved inonline gambling, which is mostly illegal in the United States. […]
While the rest of the US will be discussing the Democratic victories thatsecured a House majority and a potential Senate majority, most online pokerplayers will be discussing a single victory; the one that unseated 30 yearincumbent Republican Jim Leach. Leach was the sponsor of the House bill thatbecame the Unlawful Internet Gaming Enforcement Act. With […]
The global gaming market yielded $258.3 billion in 2005. Online gamblingbrought in 5 percent, or $13 billion, according to the United Kingdom-basedGlobal Betting and Gaming Consultants’ 2005 report. Online gambling is oneof the fastest-growing segments of the gaming market at a compound annualgrowth rate of more than 50 percent since 1998. The market is projected […]
All in the name of responsible gambling, students at the McMaster Universitycampus got a chance yesterday to win two $100 certificates or a grand prizeof a $1,500 scholarship. Staff of the nonprofit Responsible Gambling Councilbuttonholed students and warned them of the problem signs of gambling asthey handed out draw ballots at the Mohawk College Institute […]