Jun 23 2009

Rick Parry to head UK government advisory panel on sports gambling

The British government’s Sports Minister, Gerry Sutcliffe, has reacted to fears regarding the danger of gambling corruption in sport by setting up an advisory panel headed by former Liverpool football chief executive Rick Parry, reports the Daily Telegraph.

“I am delighted that Rick Parry has agreed to lead this vitally important work,” said Sutcliffe.

(Read the full post about ‘Rick Parry to head UK government advisory panel on sports gambling’…)

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Jun 18 2009

Heroes Sportsbook Slow Paying Clients

A number of antsy customers of Heroes Sportsbook out of Curacao have been posting on the Sportsbook Review forum that they are waiting weeks for payment.

Gambling911.com was also provided with information related to the old "bait and switch":

A client made a bet on the Rockets against the Lakers for what he thought was one of the playoff games. The ticket below clearly say it was a GAME wager not a SERIES wager. The bet never got graded as a winner after the game was over and he was told it was a series wager instead.

(Read the full post about ‘Heroes Sportsbook Slow Paying Clients’…)

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Jun 18 2009

MGM Mirage Continues Global Expansion with New Casino in Egypt

by Arnold M. Knightly
Las Vegas Gaming Wire

LAS VEGAS, Nevada –- MGM Mirage likes to think big.

It is building the largest privately funded project in U.S. history on the Strip, but the company
  isn’t stopping there.

The gaming giant on Tuesday announced its latest push to spread its name around the world, this time through a partnership to build an MGM Grand nongaming luxury hotel near Cairo, Egypt.

MGM Grand New Giza will be a 550-room hotel that will be part of a 1,500-acre master-planned community. The community will include homes, three hotels, restaurants, shopping malls, golf courses and other sports facilities.

Construction of the project, which is expected to open in 2013, will be financed by New Giza for Real Estate Development Co.

(Read the full post about ‘MGM Mirage Continues Global Expansion with New Casino in Egypt’…)

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Jun 13 2009

Cantu Joins UltimateBet.com – Online Casino News

Following a series of impressive wins and strong finishes in some of the world’s biggest events, professional poker player Brandon Cantu has joined UltimateBet.com’s Team UB.

By joining Team UB, the 28-year-old American nicknamed ‘The Bounty Hunter’ will rub shoulders with Phil Hellmuth as well as some of the world’s most respected online poker players.

‘This is an exhilarating time for Team UB,’ said Annie Duke, Card Room Consultant for UltimateBet.com.

‘We’re constantly on the lookout for poker players who have real integrity, unquestionable talent and an incredible passion for the game and we’ve found it all in Brandon Cantu.’

Born in Vancouver, Washington, Cantu first came to the attention of the poker community during the 2006 World Series Of Poker by winning a $1,500 no-limit hold’em event. (Read the full post about ‘Cantu Joins UltimateBet.com – Online Casino News’…)

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Jun 13 2009

Belize Authorities Bust Online Casino Ring

Authorities in Belize have recently shut down an online casino ring responsible for money laundering and identification theft. Instadollar and Moneygram, two companies offering online fund transfer services for several online casinos has recently been busted for their illegal activity. Both companies were operating within the US, Turkey and Peru.  

Coye Money Exchange was at the heart of the fraud, having the money pass through the phony company before being dispersed in Belize. Players would deposit their money through their online casino and it would change hands once in Belize. Authorities believe Coye Money Exchange was a front and fake company name for a gang of local money launderers carrying out the illegal operation.

(Read the full post about ‘Belize Authorities Bust Online Casino Ring’…)

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Jun 13 2009

Tournament: Phil Ivey wins two bracelets at 2009 World Series of Poker

Tournament: Phil Ivey wins two bracelets at 2009 World Series of Poker
Professional poker player Phil Ivey has so far won two championship bracelets at this year’s World Series of Poker, bringing his number of career titles up to seven. His wins in the US$2,500 buy-in No-Limit 2-7 Draw Lowball tournament earned him just over US$96,000. Less than a week later, he earned another title in the US$2,500 buy-in Omaha Hi/Lo / 7 Card Stud Hi/Lo tournament, along with over US$220,000. With bracelet number seven, Ivey has passed such names as Layne “Back-to-Back” Flack, Men “The Master” Nguyen and T.J. Cloutier and has tied poker legend Billy Baxter for sixth on the all-time career bracelet list. Ivey sits (Read the full post about ‘Tournament: Phil Ivey wins two bracelets at 2009 World Series of Poker’…)

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Jun 13 2009

Tournament: Top Players Claim Multiple Cashes at This Year’s WSOP

Tournament: Top Players Claim Multiple Cashes at This Year’s WSOP
A quick look at the current WSOP leaderboard shows that a single big win just won’t cut it this year. Instead, the top ten points leaders currently boast anywhere from two to five major cashes. Eight of those ten have won bracelets in this year’s competition, and John Brock Parker and the legendary Phil Ivey have both claimed two bracelets only halfway into the 2009 World Series of Poker events. At the top of the board is Finnish sensation Ville Wahlbeck. Prior to this year’s tournament, Wahlbeck’s total WSOP earnings were a collective $25,389 from four cash finishes in 2006 and 2007. His best placing had been 20th in the 2007 World Championship Seven Card Stud event. (Read the full post about ‘Tournament: Top Players Claim Multiple Cashes at This Year’s WSOP’…)

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Jun 12 2009

Blotter: New Jersey governor looks to add sports betting to racetracks

Blotter: New Jersey governor looks to add sports betting to racetracks
Governor John Corzine has joined with the group that represents New Jersey’s state horse racing industry in a federal lawsuit that is attempting to overturn a law that keeps most states from offering sports wagers. While the Professional and Amateur Sports Protection Act of 1992 prohibits New Jersey and many other states from offering sports betting, four other states (Nevada, Oregon, Montana and Delaware) are not. Corzine stated his reason for joining the suit as the fact that racetracks in neighboring Delaware will soon offer sports betting and table games. This new avenue for players in the region could cause serious damage to the already-withering Atlantic City casino industry. (Read the full post about ‘Blotter: New Jersey governor looks to add sports betting to racetracks’…)

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Jun 12 2009

Online Gambling Issue Ready To Heat Up After Poker Debacle

Online Gambling Issue Ready To Heat Up After Poker Debacle
Leading The Charge The online gambling issue can no longer be thrown under the carpet by US lawmakers. After seizing over $30 million in online poker player winnings, the Internet gambling issue once again has caught the attention of the nation.For most people outside of the online gambling industry, the Internet gambling issue is way down on the list of priorities. Many of these people, however, play poker online, and are now furious that their winnings have been withheld by the US government.”What they (government) are doing is ridiculous,” said Jack Helmer, “I play online poker for entertainment and thought I was doing nothing wrong. (Read the full post about ‘Online Gambling Issue Ready To Heat Up After Poker Debacle’…)

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Jun 7 2009

Gambling Shares Up, Sportingbet a BUY

Gambling Shares Up, Sportingbet a BUY
As Prime Minister Gordon Brown continues to cling on to power – despite dismal European election results and further resignations – bookmaker Paddy Power was offering odds of 8/1 that he’ll be de-throned between September and November of this year.  It neatly illustrates how the gaming industry can seemingly make money out of anything – even a political crisis. Broker Daniel Stewart took a more forensic look at the fortunes of the betting industry yesterday in a note to clients entitled ‘Gambling: Leading at Half Time’.  Analyst James Hollins said punters are likely to wager more of their hard-earned cash as the year goes on after a resilient start to 2009. (Read the full post about ‘Gambling Shares Up, Sportingbet a BUY’…)

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