May 20, 2008

Charles Barkley and Wynn in Dispute over Gambling Debt

News coming in from across the 'Net seems to indicate that Charles Barkley and the Wynn casino are having some "disagreements" about some markers he borrowed. And these didn't come cheap, no they were to the tune of $400,000!! We've always wondered how a big casino might deal with a high roller who didn't pay on their loans, and it sounds like the answer is with a big fat lawsuit.

Read the story over at Google News

Russell Miner at Permalink | Comments (0) | social bookmarking

January 15, 2008

Bookies say Hillary Clinton Will Win Primary and Presidency

This story amused us as we were checking out the news headlines from the casino world.
It seems that online bookies have predicted that Hillary Clinton will in fact become the next US president.

Casino City Times has the story:


The political pundits had all but written off Sen. Hillary Clinton when she pulled out a victory in the New Hampshire Democratic primary. Online bookies, meanwhile, have Clinton winning her party's nomination as well as the presidential election.

Though there's plenty of evidence that betting action has been a more reliable indicator of results than polls, it's possible Clinton's popularity in the books is a fluke.

These days online books are based offshore, and for the non-Americans who run them, figuring out the byzantine American election process is probably a lot tougher than trying to understand Australian-rules football. Those dedicated gamblers who have set up foreign bank accounts to gamble online may also be voting with their hearts rather than with their minds.


Russell Miner at Permalink | Comments (1) | social bookmarking

January 1, 2008

Happy New Year Germany, Sorry You Won't be Gambling Online Anymore

Its sad but true, in Germany, it is no longer legal to gamble online. Poker Pages.com has the story:

Taking a page from the U.S. and the Unlawful Internet Gambling Enforcement Act (UIGEA), Germany will begin its own online gaming ban on Jan. 1st.

According to Bloomberg.com, all 16 German States approved the new anti-gaming laws after voting held mid-December. Any Web-based betting is off limits, with the possibility of individual States blocking bank transfers and ordering Internet service providers to deny access to online gaming sites.

Russell Miner at Permalink | Comments (0) | social bookmarking

December 12, 2007

Mariah Carey Hosting New Years at Tao nightclub at the Venetian

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Word is spreading that Mariah Carey will be hosting New Year's Eve at TAO nightclub at the Venetian in Las Vegas. Tickets aren't cheap, at $200, but it could make for a very special New Year's Eve

Russell Miner at Permalink | Comments (1) | social bookmarking

November 20, 2007

Internet Gambling Ban Easing?

It feels like a long-shot, but some congress-people are making a push to try to ease internet gambling bans. Casino City Times has the story:

The Bush administration should consider relaxing laws against Internet gambling rather than risk setting a potentially expensive and "worrisome" precedent with European nations and other trade partners, eight lawmakers said in a letter on Monday.

The lawmakers were critical of the U.S. government reaction after it lost a World Trade Organization dispute with the tiny Caribbean nation of Antigua over online casinos. U.S. officials declared the administration never meant for Internet gambling to be covered by international trade agreements.

Arbitrators now are considering damage claims from Antigua, an online gaming haven that said a U.S. law seeking to block betting over the Internet was an illegal form of protectionism.

Other members of the World Trade Organization, including the European Union, Japan and Australia, also are claiming compensation for lost online gaming revenues in the billions of dollars.

Compensation "could prove expensive to the U.S. economy," the lawmakers said in a letter to Susan Schwab, the U.S. trade representative. "However, we are perhaps more concerned about what this withdrawal says about U.S. credibility as a trading partner."

Russell Miner at Permalink | Comments (0) | social bookmarking

November 12, 2007

Atlantic City Revenues on the Decline

It appears that for the first time in 29 years, Atlantic City casinos will be seeing a decline in annual revenues. This is an unfortunate turn for a true gem of the casino world. Let's hope that his downturn is only temporary.

Newsday.com has the story:

The leaves are falling, and so are revenues at Atlantic City's 11 casinos, which continue to see their profitable slots customers flee to Pennsylvania and New York.

The gambling halls took in $384.4 million in October, a 7.5 percent decline from the October 2006.

Slots revenues were $270.3 million, a decrease of 12.6 percent over a year ago. It matched the worst month of the year so far for slots here, along with September, which was also down 12.6 percent.

Revenue from table games was $114.1 million, an increase of 7.3 percent over a year ago.

Since the first slots parlor opened in the Philadelphia area last December, customers who once had no closer alternative than Atlantic City began deserting this resort for slot machines closer to home.

Russell Miner at Permalink | Comments (0) | social bookmarking

November 1, 2007

Mass. Casino Opponents Announce Opposition

It sounds like Massachusetts casino opponents are not going to just sit around and wait for the three planned resort casinos to be built up around them. On Monday, opponents of the casino plans announced their own plans to oppose the casino, and they are organizing to do so.

Here's a snip from the Houston Chronicle

Religious groups and small business owners that oppose Gov. Deval Patrick's gambling legislation want Massachusetts residents to know a casino could be coming to their backyards.

Instead of lobbying lawmakers who must approve the measure, the coalition calling itself Casino Free Mass unveiled a campaign Monday to hold forums around the state to encourage people to get involved. The first forum is scheduled for next month in New Bedford.

Russell Miner at Permalink | Comments (0) | social bookmarking

October 24, 2007

High Profile Arrest Has French Officials on the Defensive

Who'd have thunk that international incidents could be spawned by internet gambling.

Here's s little from the Gambling Planet story:

The French government on Tuesday distanced itself from the high profile arrest of an internet gambling executive and ordered the case against him to be dropped. Petter Nylander, chief executive of Unibet, was detained on Monday at Amsterdam's Schiphol airport on a European arrest warrant issued by a French judge on charges of money laundering and cybercrime.

The arrest was triggered by a commercial complaint by Fran├žaise des Jeux, which runs the lottery, and PMU, the national horseracing board, who claimed that Unibet had breached their monopoly rights to internet gambling in France. The French government appeared embarrassed by the arrest, which comes as Paris prepares to concede that it has discriminated illegally against online operators to protect its state monopolies.

Russell Miner at Permalink | Comments (0) | social bookmarking

October 16, 2007

World Championship Of Online Poker Winner Disqualified

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Cheating has been a part of poker since its inception. Wherever there has been money changing hands, and games of skill and chance, people have been trying to swindle their way into big earnings. The entry of online poker has been no exception. We are sad to say that today cheating in a major online tournament has reared its ugly head, and the winner of the WCOOP has been disqualified for cheating.

On the bright side, this player was caught, and justice is served. We can only hope that online tournament organizers continue to remain vigilant against any and all forms of cheating in online poker, so that it can stay as clean and fun as possible.

Read the story over at PokerNews.com.

Read about the WCOOP at PokerStars.com

Russell Miner at Permalink | Comments (0) | social bookmarking

September 19, 2007

Vegas All A Twitter Over O.J. Arrest

While we are feeling pretty dirty for even bringing it up, we would be remiss if we didn't post at least once about the talk of Vegas the last couple days. Yes, O.J. Simpson. THE O.J. Simpson who was acquitted of murder, and who now has been arrested for armed robbery.

If you simply MUST read the details, you can read them from Vegas' own Review Journal. We are sure that you won't miss any gory details on this ongoing story.

Of course, if you are actually *IN* Vegas now. Take advantage of the extra news coverage, and the gawking crowds, and sneak PAST them into the games! We bet those poker tables are a touch emptier with everyone outside right now.

Russell Miner at Permalink | Comments (0) | social bookmarking

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