Archive for July, 2015

89% of Alabamians Support a Statewide Vote on Legalized Casino and Lottery Gambling

89% of Alabamians Support a Statewide Vote on Legalized Casino and Lottery Gambling

Written by Steve Larson | Thursday, July 30th, 2015

The Alabama Jobs Foundation, which supports Sen. Del Marsh’s plans to legalize a state lottery, released poll numbers this week which indicated Alabamians want a vote on expanded gambling. The numbers show 80% of Alabama’s citizens of voting age want a state lottery. The Alabama Jobs Foundation is a nonprofit group led by Pat Dye, […]

Two Members of Massachusetts Gaming Commission Resign While Stephen Crosby Investigation Continues

Two Members of Massachusetts Gaming Commission Resign While Stephen Crosby Investigation Continues

Written by Steve Larson | Wednesday, July 29th, 2015

Two high-ranking gaming officials in Massachusetts have resigned. James McHugh, a member of the Massachusetts Gaming Commission and former state judge, plans on retiring effective September 28. Rick Day, an Executive Director on the Gaming Commission, is resigning. His resignation is set to go into effect after a scheduled vacation week next week. Though James […]

GVC Holdings Makes $1.55 Billion Counter-Offer to Purchase Bwin Party Digital Entertainment

GVC Holdings Makes $1.55 Billion Counter-Offer to Purchase Bwin Party Digital Entertainment

Written by Steve Larson | Tuesday, July 28th, 2015

The news a couple of weeks ago that 888 Holdings had won the competition to buy Bwin.Party might have been premature. 888 Holdings’s rival in a buyout has reentered the field with a better offer than one which was turned down earlier in July. To hear one major investor in Bwin.Party, though, the bidding likely […]

Audit Finds New Jersey Gaming Regulators Waste Public Funds on the Car Fleet

Audit Finds New Jersey Gaming Regulators Waste Public Funds on the Car Fleet

Written by Steve Larson | Monday, July 27th, 2015

An audit of the Division of Gaming Enforcement and Casino Control Commission shows New Jersey gaming regulators misused state-owned cars. The audit found, 77% of the time, employees who used the agency’s 109 cars commuted to and from work in them. Using cars for personal use is against state policies. The audit found that the […]

Indiana State Officials Say They Will Not Enforce Laws against Euchre-Playing Senior Citizens

Indiana State Officials Say They Will Not Enforce Laws against Euchre-Playing Senior Citizens

Written by Steve Larson | Friday, July 24th, 2015

Indiana Governor Mike Pence said through a spokesman this week that he has no intention to shut down a euchre game which is played by seniors for entertainment. Pence’s spokesman said the governor had asked the gaming commission to “ensure common sense prevails”. Meanwhile, the Indiana Gaming Commission’s executive director said on Monday that the […]

Two Israeli Men Who Were Arrested in Pump-and-Dump Scheme Owned 13 Online Casino

Two Israeli Men Who Were Arrested in Pump-and-Dump Scheme Owned 13 Online Casino

Written by Steve Larson | Thursday, July 23rd, 2015

Federal authorities on Tuesday announced the arrest of four men in Israel and Florida associated with an ongoing “pump and dump” penny stocks and Bitcoin operation. Over the past 48 hours, members of the online gambling community have identified two of the arrested men as the owners of 13 online casinos, including Casino Titan, Grand […]

Online Gambling Might Be GOP Debate Topic with Donald Trump Onstage

Online Gambling Might Be GOP Debate Topic with Donald Trump Onstage

Written by Steve Larson | Wednesday, July 22nd, 2015

The first televised Republican debate set for August 6th at the Quicken Loans Arena in Cleveland and speculation has arisen that online gambling might be a topic of discussion. due to the presence of Donald Trump. Having the candidates on Fox News debating online gambling and Restore America’s Wire Act would have been unthinkable even […]

Fan Expo LLC Sues the NFL for $1 Million after NFL Bans Players from Attending Convention

Fan Expo LLC Sues the NFL for $1 Million after NFL Bans Players from Attending Convention

Written by Steve Larson | Tuesday, July 21st, 2015

Fan Expo LLC, the company which organized a fantasy football event in Las Vegas last month, is suing the NFL for $1 million in damages for its successful attempt to squelch the convention. The lawsuit cites the NFL’s decision to pressure 60 NFL players–including Tony Romo, Dez Bryant, Odell Beckham Jr, and Rob Gronkowski–from attending […]

888 Holdings Acquires Bwin.Party, Giving It “Virtual Monopoly” in US Online Gaming Industry

888 Holdings Acquires Bwin.Party, Giving It “Virtual Monopoly” in US Online Gaming Industry

Written by Steve Larson | Monday, July 20th, 2015

Last week, 888Holdings acquired Bwin.Party for $1.4 billion in US dollars. The acquisition gives 888 Holdings a firm grasp on the U.S. gaming market, given that it owns the sites for Caesars Atlantic City, Harrah’s Online, and now Borgata Online. 888 Holdings already was the only online poker operator to own licenses in New Jersey, […]

High Rollers Lost a Lot of Money Betting on Tiger Woods at The Open

High Rollers Lost a Lot of Money Betting on Tiger Woods at The Open

Written by Steve Larson | Friday, July 17th, 2015

Sports gamblers are set to take a big loss this week after 97% of the money wagered had Woods making the cut at The Open. William Hill’s Nevada sportsbook had Tiger Woods as a -190 favorite to make the cut at St. Andrews, where he won the Open in 2000 and 2005. What seemed like […]