Archive for August, 2007

Gambling Week in review August 31, 2007 »

It’s been an action packed week in the gambling world…
Bodog.com lost it’s domain name to Dr Scott Lewis not Mel Molnick. What many haven’t realized is that Rational Enterprises LTDA and Rational Poker School Limited, the companies, that run Pokerstars.com.
There’s another betting scandal, this time is involves the ATP. It seems tennis players have been […]

Tennis gambling scandal grows at the US Open »

Today comes more fallout over the ATP betting scandal.
Unnamed sources in France’s L’Equipe’s report called on the sport’s authorities to act, “before things get out of hand”.
“I know several players who have been approached, and who had the exact same experience as me,” said one player, identified only as Mister B and who claimed he […]

iMEGA vs. Gonzales hearing has new date »

The first hearing in the US District Court of New Jersey (Trenton Division) in the matter of iMEGA v. Gonzales, et al, has been moved to September 26th, by mutual consent of the plaintiff (iMEGA) and the defendants (US Dept. of Justice, the Federal Trade Commission and the Federal Reserve Board of Governors).
In addition, the […]

PartyGaming announces $47m loss »

PartyGaming announced a $47 million first-half loss despite reporting an 83 per cent increase in customer sign-ups outside the US. Chief executive Mitch Garber said that the gaming group had made a strong investment in players in the first quarter and was on the verge of signing a major partnership deal with […]

Antigua and Barbados go before the WTO »

The tiny islands of Antigua and Barbados will go before the WTO on Friday and explain the $3.4 billion claim it filed against the United States last month. The $3.4 billion is just a preliminary claim for the amount they believe they are entitled to because of US non-compliance. They still have yet to file […]

Mega Millions lottery jackpot grows to $325 million »

The jackpot for the 12-state Mega Millions drawing has grown to $325 million after no players won the grand prize Tuesday.
The estimated jackpot for Friday’s drawing could grow close to the record jackpot of $390 million.
On Tuesday, no players won the $350 million grand prize. The winning numbers were 37 - 40 - 48 - […]

Bodog.com is no longer! NewBodog.com in its place »

Apparently The bodog .com site has been shut down from a license case with Bodog’s software imposing on US and International patents held by 1st Technology LLC. Bodog is reported to have to pay possibly 49 Million in damages and may not even get the bodog.com name back. Obviously there will be more […]

Harrah’s unveils Las Vegas stadium plans »

Casino operator Harrah’s Entertainment (NYSE: HET) and partner AEG announced that it plans to build a $500 million arena in Las Vegas capable of housing a pro sports team. If given approval, the 20,000 seat venue will be constructed behind the Bally’s and Paris hotel-casinos on the Strip, and is projected […]

PokerTek CFO placed on administrative leave »

PokerTek (NASDAQ: PTEK) has placed chief financial officer Christopher Daniels on administrative leave and launched an independent investigation into his alleged use of the company’s corporate credit card for personal purchases. In a filing with the Securities and Exchange Commission, the automated poker technology developer said questions had arisen during […]

American Gaming Association Lobbies for Online Gambling In Washington »

The American Gaming Association, which represents the commercial land casino industry in the United States, has announced that it spent $900,000 in the first half of this year to lobby the Federal Government.
The admission comes in the form of a disclosure document posted online by the Senate’s public records office and shows that the trade […]