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For years, the professional sports leagues in the United States, as well as the National Collegiate Athletic Association (NCAA), have lived a life of hypocrisy, opposing legalized sports betting at every turn, despite the fact that sports betting has clearly increased interest in their games and increased the size of the leagues’ wallets. Somehow, though,… Read more »
The antiquated law prohibiting all but four states is starting to be turned on its head. On Thursday, New Jersey Governor Chris Christie signed Senate Bill 2460 into law, legalizing sports betting at the states casinos and racetracks. The confirmation came just a day after the General Assembly approved the bill 73-4. It previously flew… Read more »
Two California poker players have filed a federal lawsuit against the Iowa State Patrol following an incident in April 2013 in which they were stopped on the highway by a state trooper and relieved of their poker bankroll, more than $100,000. As reported by the Des Moines Register, William “Bart” Davis and John Newmerzhycky were… Read more »
Last week, when the auction of Atlantic City’s Revel Casino Hotel was pushed back to September 30th, perturbed Florida real estate developer Glenn Straub said that he didn’t “need that monstrosity of a building.” It’s a good thing he feels that way because it doesn’t look like he is going to get it. In an… Read more »
Nevada had gone on a nice run, but as they say, all good things must come to an end. And so it did for Nevada in August, as the state’s five month gaming revenue winning streak came to an end. That is not to say that Nevada actually lost money from gambling. No, that would… Read more »
The Revel Casino Hotel in Atlantic City was set to be auctioned off on Wednesday, but despite all relevant parties being in attendance, nothing happened. The auction will resume – or start – next Tuesday, September 30th. Closed September 2nd, the Revel received a bid of $90 million on September 10th from real estate developer… Read more »
We have all known this day was coming for quite some time, but is sad nonetheless. At 6:00am this morning, Atlantic City’s Trump Plaza casino closed its doors. The Trump Plaza is the fourth Atlantic City casino to shut down this year. The first was the Atlantic Club casino at the south end of the… Read more »
In an effort to provide a shot in the arm for the state’s foundering casinos and racetracks, New Jersey Governor Chris Christie issued a Law Enforcement Directive Monday lifting the state’s ban on sports betting and assuring said gambling venues that nobody there would have any issues with law enforcement for allowing customers to wager… Read more »
It just keeps getting worse for Atlantic City. The once-popular gambling hub of the east coast has been in a death spiral this year and that spiral is getting deeper and deeper. The latest: Trump Entertainment Resorts has filed for Chapter 11 bankruptcy and is saying that it may have to close the Trump Taj… Read more »
The world of politics is funny. You never know who is going to get in bed with whom or what is finally going to spark momentum on an issue. It took years for online poker’s proponents to make any sort of headway in legislative circles and we still have not made THAT large of a… Read more »
The National Conference of State Legislatures (NCSL) formally took a stance against the Restoration of America’s Wire Act in August, approving a resolution that urges the federal government to allow the individual states to decide whether or not they want to pursue the legalization and regulation of online gambling. This resolution was preceded in early… Read more »
The Global Poker Index’s (GPI) takeover of the live poker tournament world is in full swing. The latest deal the player ranking site has made is with the European Poker Tour (EPT), as the EPT will now expand its use of the GPI’s ranking formula to determine its Player of the Year (POY). Interestingly, the… Read more »
It is really getting to the point where I would hesitate to visit Atlantic City just because the mood there has got to be so horrible that I wouldn’t enjoy myself. The latest bad news coming out of the former east coast gambling mecca: the Revel Casino and Hotel will close in a month after… Read more »
We have got to be near the end of this saga, don’t we? The Garden City Group (GCG), the firm appointed by the United States Department of Justice (DoJ) to serve as the Claims Administrator for frozen/seized Full Tilt Poker funds, announced Monday that professional players on Full Tilt are now eligible for reimbursement. This… Read more »
Scientific Games, one of the world’s leading lottery technology providers, announced Friday that has agreed to acquire Bally Technologies for $5.1 billion. The acquisition comes in the form of a purchase of all of Bally’s outstanding common stock at $83.30 per share, as well as the refinancing of $1.8 billion in Bally debt. In a… Read more »
A piece of interesting – and actually useful – poker memorabilia is available for the next few days, provided you want to pony up at least four figures for it. The Corum Admiral’s Cup Competition watch awarded to Jerry Yang for winning the 2007 World Series of Poker Main Event has been put up for… Read more »
The late, great Chad Brown will be honored this weekend at Binion’s Gambling Hall and Hotel in downtown Las Vegas with the Chad Brown Memorial Ceremony and Inaugural Charity Poker Tournament. The ceremony, at which Brown’s life will be reflected upon, will begin at 4:00pm on Sunday, July 13th, while the poker tournament will begin… Read more »
Chad Brown, actor, model, baseball player, poker pro, and one of the greatest ambassadors the game of poker has ever had, passed away early Wednesday morning after a long bout with cancer. He was 52-years old. We all like to think we are going to leave our mark on this world, that peoples’ lives will… Read more »
The poker world is hurting for decent poker-related television programming outside of the World Series of Poker, which is really only seasonal, and the World Poker Tour. “High Stakes Poker” and “Poker After Dark,” probably the two most popular poker TV shows in recent memory, are long gone. Enter “Poker Night in America,” which will… Read more »
Canada-based Amaya Gaming issued a “move along, nothing to see here” statement Monday in response to rumors that have recently sent its stock price soaring upward. There seem to be two sources to these rumors. One is Industrial Alliance Securities analyst Neil Linsdell, who wrote on May 20th that Amaya may be eager to “‘trade… Read more »
So, do we think Tony G will tell a political opponent in Parliament to “get on his bike” after a debate? We can only hope. This week, Antanas Guoga, best known to poker fans as Tony G, was elected to European Parliament after voting concluded in his native country of Lithuania. The election took place… Read more »
A legend of poker that most poker fans simultaneously both knew and did not know passed away last Thursday. Joel “Bagels” Rosenberg, the inspiration for the character Joey Knish in the seminal poker film, Rounders, suffered a heart attack at the age of 58. Rosenberg was the classic poker grinder, plugging away to pay the… Read more »
So, Easter Sunday was fun in Gibraltar. At around 1:00pm local time April 20th, an explosion rocked a power station on the north end of the British territory, shutting down power to most of the territory’s residents. Many had power back within a couple hours and the vast majority saw it restored by 9:00pm, but… Read more »
The Borgata announced Monday the resolution to the counterfeit chip scandal that plagued the first event of the Borgata Winter Poker Open in January. The resolution was initially ordered by the New Jersey Division of Gaming Enforcement (DGE) and will be enacted by the casino. To review, Event #1 of the Borgata Winter Poker Open… Read more »
My mom once told me, “You can’t get something if you don’t ask.” Phil Ivey has apparently taken advice from my mom. Details have come out of how the man many consider the best poker player in the world allegedly took advantage of a defect in the playing cards to win nearly $10 million playing… Read more »
