Archive for May, 2016

Howard Lederer Issues a Public Apology for His Role in the Black Friday Scandal

Howard Lederer Issues a Public Apology for His Role in the Black Friday Scandal

Written by Steve Larson | Tuesday, May 31st, 2016

Howard Lederer issued a public apology for his role in the Black Friday scandal, which rocked Full Tilt Poker and led to the demise of the U.S. poker industry. The apology came 5 years and 1 month after the U.S. Justice Department seized the domains for PokerStars, Full Tilt Poker, and several other prominent card […]

Lancaster University Researchers Study the Machivellian Traits of 490 Online Poker Players

Lancaster University Researchers Study the Machivellian Traits of 490 Online Poker Players

Written by Steve Larson | Monday, May 30th, 2016

Researchers at Lancaster University’s School of Computing and Communications released a study recently which focused on the playing habits of 490 online poker players. The study tested the Machiavellianism of the players, then made correlations about their style of play. The results pointed out several traits of the players termed “high” in Machivellian scores, though […]

2nd Annual Super High Roller Bowl Begins Sunday at the Aria Resort in Las Vegas

2nd Annual Super High Roller Bowl Begins Sunday at the Aria Resort in Las Vegas

Written by Steve Larson | Friday, May 27th, 2016

The Aria Resort & Casino will be the setting for this weekend’s 2nd Annual Super High Roller Bowl, a No-Limit Texas Hold’em tournament which brings the biggest name poker professionals in the world to compete. The entry fee is $300,000, while the prize pool is $15 million guaranteed. The event begins on Sunday, May 29 […]

Mark Giannantonio Predicts the Closure of 5 Atlantic City Casinos, If Referendum Passes

Mark Giannantonio Predicts the Closure of 5 Atlantic City Casinos, If Referendum Passes

Written by Steve Larson | Thursday, May 26th, 2016

Mark Giannantonio, the CEO Of Atlantic City’s Resorts Casino, predicted that 5 Atlantic City casinos would close, if the state built two casinos in North Jersey. Giannantonio spoke Thursday at the East Coast Gaming Congress, claiming the North Jersey casino initiative would be the effective death knell of Atlantic City’s 8-operation casino industry. The Resorts […]

New York Gaming Association Wants Fantasy Sports Tied to the Existing Land-Based Gaming Industry

New York Gaming Association Wants Fantasy Sports Tied to the Existing Land-Based Gaming Industry

Written by Steve Larson | Wednesday, May 25th, 2016

The New York Gaming Association argued this week that fantasy sports should not be legalized in the state of New York, unless fantasy sports was tied to the existing brick-and-mortar gambling facilities in the state. The NYGA asked state legislators to kill any bill which would legalize daily fantasy sports, unless the DFS gaming was […]

Pennsylvania’s House of Representatives Rejected to Amendments Which Would Have Expanded Gambling

Pennsylvania’s House of Representatives Rejected to Amendments Which Would Have Expanded Gambling

Written by Steve Larson | Tuesday, May 24th, 2016

The Pennsylvania House of Representatives rejected two amendments which would have expanded both land-based and online gambling. Both measures failed by significant margins, despite support from the Republican majority in the House. Republicans have fought for months to have state revenues increased through the expansion of gambling in the state. Gov. Tom Wolf has pushed […]

The New Jersey Assembly and Senate Agree on an Atlantic City Relief Plan

The New Jersey Assembly and Senate Agree on an Atlantic City Relief Plan

Written by Steve Larson | Monday, May 23rd, 2016

The New Jersey House Judiciary Committee and its counterpart in the State Senate approved a compromise plan that gives Atlantic City a 150-day reprieve from a state takeover of its finances. The proposals are contained in two separate bills, which stipulate a number of provisions which would help Atlantic City cope with its current predicament. […]

Las Vegas Sports Gambler Charged with Insider Trading Is Associates with Golfer Phil Mickelson

Las Vegas Sports Gambler Charged with Insider Trading Is Associates with Golfer Phil Mickelson

Written by Steve Larson | Friday, May 20th, 2016

Phil Mickelson, the 5-time major winner on the PGA Tour, agreed to pay back nearly $1 million in profits from an insider trading deal. Mickelson is seen by federal authorities as having profited from insider trading, though he is not accused of any wrongdoing himself. The place is a part of his associations with William […]

Robert Kraft and Jerry Jones Support Oakland Raiders Proposed Move to Las Vegas

Robert Kraft and Jerry Jones Support Oakland Raiders Proposed Move to Las Vegas

Written by Steve Larson | Thursday, May 19th, 2016

In recent days, two of the most powerful NFL owners have given their public support to the Oakland Raiders’ plan to move their franchise to Las Vegas. On Friday, New England Patriots’ owner Robert Kraft voiced his support for Mark Davis and the Raiders organization. Last week, Dallas Cowboys owner Jerry Jones said he would […]

The Nevada Gaming Control Board Files 6 Counts against CG Technology for Underpaying Sports Gamblers

The Nevada Gaming Control Board Files 6 Counts against CG Technology for Underpaying Sports Gamblers

Written by Steve Larson | Wednesday, May 18th, 2016

The Nevada Gaming Control Board filed a 6-count complaint against CG Technology, one of the Las Vegas’s largest sportsbook operators. The complaint alleges the bookmaking business committed several violations, including underpaying winners and accepting bets after a match had started. The Gaming Control Board’s complaints include the charge that CG Technology withheld information to gaming […]