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Proposal to ban odds advertising on TV

Gambling odds on Australian TV during sports events would be banned under the new set of rules being proposed by Free TV Australia, the group which represents all of Australia's commercial free-to-air TV licenses The group is demanding for commentators and guests not to be allowed to promote gambling odds 30 minutes prior, after and during the..
13 years ago

Poker was Nadal’s main past-time during injury

Rafael Nadal was forced to take a hiatus from his professional tennis career due to a long-term injury sustained at Wimbledon During his off time in Spain Nadal could do little more than play golf and work on his online poker skills, which according to the star is the only thing which kept him sane "Those were the only two things in which I could..
13 years ago

Police won’t investigate millionaire heist at Crown casino

Neither the whale swindler who ripped off the Crown Casino for $32 million nor the insider who assisted him in the scam will be subject to a police investigation The casino chose not to involve the police department despite the heist being the biggest in its history According to a statement from a Victoria police spokeswoman, the police department..
13 years ago

Gambling ring involves high profile defendants

US authorities dismantled an illegal sports wagering operation ranging from the US to Russia and responsible for laundering over $100 million in bets, also involves some very high profile characters The operation was being run by two Russian-American criminal organizations Among the famous people involved are Molly Bloom (linked to high stakes..
13 years ago

MA budget plan might include online poker

The state of Massachusetts is preparing its 2014 budget and as part of the arduos budget negotiations, the state might be open to allowing online poker within its limits The proposal however would require a very strict list of requirements and would leave some of the bigger online poker companies out of the race As of yet, the proposed law would..
13 years ago

$500 million IPO for Pinoy casino

Malaysia Genting gambling corporation and it's Philippino partner are taking their Manila casino on a public offering which would see the group acquire $500 million fund to reinvest in the Pinoy gambling market Genting Hong Kong controls and operates the Resorts world Manila Casino and the IPO could be launched as early as the third quarter of..
13 years ago

Celebrity gambling ring run by Russian gangster

A famous New York art dealer who also happens to be a major Russian mobster has been indicted by Federal Authorities for running highstakes gambling operations in NY and LA which catered exclusively to billionaires, bank executives, famous athletes and movie stars Heading this syndicate is international crime figure Alimzhan Tokhtakhounov who..
13 years ago

Ray Bitar’s freedom is worth $40 million

Former Full Tilt Poker CEO Ray Bittar, who was originally facing jail time of up to 35 years, has been sentenced to discount only the time he already served in prison plus a payment of $40 million from his assets Bitar was initially arrested in July 2012 and spent a week locked up before posting a $24 million bail and being moved to serve house..
13 years ago

Okada to get California license

Aruze Gaming America, one of the casino operators owned by Japanese magnate Kazuo Okada, has secured a California gaming license which makes him suitable to operate and conduct business in the casino industry “I am pleased the California Gambling Control Commission granted a Gaming Resource Supplier licence to Aruze and its principals”..
13 years ago

French online gambling profits down for Q1

The French online gaming market reached over 1,5 million player accounts in the first quarter of 2013, the highest level since the market was liberalized in 2010 All gaming products registered an increase except for cash poker According to statistics from French gambling regulator ARJEL, online players spent €204 million on sports wagering..
13 years ago

Dwan and Cates resume challenge

After over a 2-year pause, the match between Tom "Durrrr" Dwan and Daniel "Jungleman12" Cates has resumed online The Sunday game however lasted less than an hour Dwan and Cates first initiated the challenge back in August 2010 but were unable to complete the series of matches due to Black friday incident when Full Tilt was shut..
13 years ago

Facial recognition to be used for internet gambling

Facebanx, the UK based face recognition and security company, unveiled a technology for web-based companies like online gambling operators, banking companies, insurance providers and e-wallet processors Security measures can be increased to prevent fraud and identity theft Such a process involves users enabling webcams or phonecams to submit live..
13 years ago

CVC to bid on Betfair Exchange

Betfair might be the possible target of a strategic takeover from CVC Capital Partners, the same company that owns Formula One motor racing The company was talking with investors about joining forces and making an offer to Betfair The bidders haven't made any contact with Betfair or its board members and haven't reached an agreement yet on the..
13 years ago

Book on Absolute Poker to be published next month

The new book on Absolute Poker by author Ben Mezrich, which details the rise and fall of the infamous poker site is not sitting well with the online poker community Mezrich described the story as "very American" and a story of a group of Montana frat boys who went from "rags-to-riches, earning more than a million dollars a day, following savvy..
13 years ago

Adelson exposes Triad ties in Macau

During a lawsuit testimony in Las Vegas, casino magnate Sheldon Adelson made a reference to Triad organized crime operating in Macau The comment went unnoticed in Las Vegas but sparked a media inferno in Macau and prompted former Sands's partner, casino operator Galaxy Entertainment, to issue a filling with the Hong Kong Stock Exchange about..
13 years ago

3 guilty in University basketball game fixing

A 28 year-old bookie has been sentenced to almost 3 years in prison plus another 3 years probation for his participation in a game fixing scheme for University of San Diego basketball games Another 10 people have also been charged with running illegal sports wagering operations and fixing West Coats Conference games, including the school's leading..
13 years ago

iPoker greatest threat to Zynga

iPoker has had one its best weeks so far as it prepares to regain its 2nd place (behind Pokerstars) as the most populated poker room online FTP's downward spiral hasn't even begun to slow down and bwinparty has also been unable to pick up player numbers even despite the launch of ZingaPlusPoker (PartyGaming skin) According to PokerScout's weekly..
13 years ago

Elderly woman hits $12 million jackpot

According to Reno casino officials, an 81 year-old woman has won a $118 million jackpot at the Bonanza Casino while playing the Megabucks slot machines on Wednesday According to casino employees, the woman played a bit over $100 when luck struck This is the largest casino jackpot ever paid out by Bonanza Casino, the previous one was of almost $2..
13 years ago

Legendz Sportsbook bust by Feds

One of the world's major online sportsbooks known as Legendz Sports has been closed by federal authorities The online operation allegedly took in over $1 billion in wagers and 23 related businesses and 34 people have been indicted by the Justice Department Legendz was originally run out of Costa Rica but recently moved its operations to..
13 years ago

Blom’s bio pulled over privacy concerns

High Stakes DB has been publishing a biographical series on Viktor Blom called 'The Making of Viktor Blom' but has been forced to remove chapters 4 and 5 from the website due to inaccuracies and a privacy complaint by Blom himself According to HSDB, “much of what has been written is not wholly accurate and as such could be damaging to..
13 years ago