Business & Financial

Even God May Not Be Able to Save Atlantic City: Employees Offer Prayers

ATLANTIC CITY, N.J. (Associated Press) — They've turned to politicians, bureaucrats, businessmen and union reps to try to save their jobs at three Atlantic City casinos scheduled to close soon. Now, hundreds of soon-to-be unemployed dealers, cocktail servers and hotel workers are turning to what many say could be their last, best chance.

"We're praying for God to open new doors to them," said the Rev. Eric McCoy, president of the Atlantic City Fellowship of Churches.

Submitted by Associated Press on, Aug/21/2014

Plans for New Jersey Gambling Unveiled

(Associated Press) - Developments about the future of gambling in New Jersey came out of Atlantic City, Trenton and the Meadowlands on Tuesday.

— MEADOWLANDS CASINO ... AND MONORAIL

Business leaders laid out plans to transform the Meadowlands into a multi-venue entertainment district, with casinos, hotels, a convention center and even a monorail. Jim Kirkos, head of the Meadowlands Regional Chamber of Commerce, said the goal isn't to build a new Atlantic City. He and others say the upside is huge, given the millions of people within a short drive.

Submitted by Associated Press on, Aug/19/2014

Taj Mahal, Ultimate Poker Rake in Just $26K for Month of July

Harsh reality is setting in for some online gambling firms currently operating out of New Jersey.

Sites overall accounted for $10.07 million during July with  $7.92 million going towards casino games such as blackjack and slots and the rest towards online poker.

Submitted by Aaron Goldstein on, Aug/19/2014

New York City Bookies – Manhattan Bookies – Queens, Brooklyn, Bronx and the Mob

New York City is the biggest city in the USA and one of the most visited in the world.  It shouldn’t surprise anyone that bookies thrive here. 

Submitted by Aaron Goldstein on, Aug/19/2014

Revel Not Dead Yet: Still Seeks Sale While Losing $1 Mil a Week

CAMDEN, N.J. – (Associated Press) - The troubled Revel Casino Hotel in Atlantic City still hopes to auction off its property but needs to close to stop big losses, a lawyer for it said.

Attorney John Cunningham said in bankruptcy court Monday that the casino is losing more than $1 million every week, The Press of Atlantic City reported.

“Our earnest hope is that we will have a successful auction,” Cunningham said. “But it takes two to tango. … It may be [that] some of the dust has to settle from the shutdown.”

Submitted by Associated Press on, Aug/18/2014

What’s a Good Place to Bet the NFL Online? AceSportsbook.com

You can bet the NFL online at AceSportsbook.com and get every imaginable wagering option including most futures here.

AceSportsbook.com is a fabulous online sportsbook that will be celebrating its second NFL betting season with Gambling911.com.

Submitted by C Costigan on, Aug/18/2014

Wife of Oman Foreign Minister Must Pay Casino £1m

The wife of Oman’s foreign minister is being ordered to pay £1m lost at the Ritz Casino in London.  She has already paid back the initial £2m lost in April of 2012.

Noora Abdullah Mahawish Al-Daher, who is married to the foreign minister of Oman, signed checks in exchange for gambling chips.  Those checks were later dishonored, according to court documents.

She and her family later gambled away £3m ($5m) in Las Vegas.  Mrs Al-Daher would later claim she had a gambling problem and that the Ritz Casino should have exercised better care in restraining her from betting.

Submitted by Jagajeet Chiba on, Aug/18/2014

Real Money Online Poker in California to Launch Next Week

Forget that another year has come and gone without passage of online poker legislation in the state of California.  Don’t tell that to the Santa Ysabel Gaming Commission, which plans to turn its free-to-play online poker site into one where customers can play for real money some time between August 26 and 28.

Submitted by C Costigan on, Aug/18/2014

Revel Casino Wanted to Close Today (June 18)

ATLANTIC CITY (Associated Press) — If the owners of Revel Casino Hotel had their way, the $2.4 billion resort would have been shut down on Monday.

Revel Entertainment had asked New Jersey casino regulators for permission to close down on Aug. 18. But the state Division of Gaming Enforcement denied the request, eventually prevailing upon Revel to remain open until Labor Day weekend.

Revel’s hotel will close at 11 a.m. Sept. 1, and the casino will shut down at 5 a.m. the next morning.

Submitted by Associated Press on, Aug/18/2014

What is a Good Site to Bet Football Online? BetPhoenix.com

Gambling911.com would like to welcome BetPhoenix.com into the fold as one of the premiere places to bet football online in 2014.

Submitted by C Costigan on, Aug/17/2014

EPT100: Estrellas Breaks PokerStars Record: €50K Kicks Off Monday

Estrellas Barcelona Main Event is the Largest Unique Field in PokerStars History

Submitted by Press Release on, Aug/17/2014

Reuters: Chips Are Down for Atlantic City's Hard-Luck Revel Casino

(Reuters) - When the $2.4 billion Revel Casino opened its doors in 2012, the curvy blue-glass tower was hailed as the wave of the future for Atlantic City, New Jersey.

But only two years later, with the announcement that it will close next month while in bankruptcy for the second time, the gleaming, 52-story gambling palace is looking very much like a white elephant stranded on Atlantic City's beachfront.

Submitted by Reuters on, Aug/16/2014

New Jersey Bookies Look for Bountiful Year Due to Offshore Exit

Submitted by Aaron Goldstein on, Aug/16/2014

Amaya Gaming Releases 2nd Q Financial Results on Heels of PokerStars Acquisition

Amaya Gaming on Friday released their 2nd quarter results following the company’s acquisition of the world’s largest real money online poker company, PokerStars.com.

SECOND QUARTER AND SUBSEQUENT HIGHLIGHTS

Submitted by Press Release on, Aug/15/2014

Bookmaker Hopes to Dominate Live In-Play Betting for 2014 Football Season

Gambling911.com recently visited the Bookmaker.eu offices and its expansive state-of-the-art live in-play betting department (pictured), which may very well put even the European sportsbooks to shame.

Submitted by C Costigan on, Aug/14/2014

Bet365.com Samuel L. Jackson Promos Under Scrutiny

Popular British-based online bookmaker Bet365 has come under fire down under with its promos that feature Hollywood actor Samuel L. Jackson.  The company is accused by the Australian Competition and Consumer Commission (ACCC) of failing to properly disclose terms associated with offers of free bets and deposit bonuses.

Submitted by Aaron Goldstein on, Aug/14/2014

Pittsburgh Area Bookies: Western PA

Pittsburgh area bookies cater to a hardcore sports betting crowd that have pledged their allegiance, not only to the Steelers, but to the Penguins NHL team and, to a lesser extent perhaps, the Pirates MLB team.  Pittsburgh colleges have enjoyed success in Men’s Basketball and to some degree Football.

Submitted by Aaron Goldstein on, Aug/14/2014

Poker Pros Dropping Like Flies as Sites Scale Down: UltimatePoker, PokerStars

UltimatePoker.com is the latest online poker site to slash its professional poker team, this time in half.  

Gone are Phil Collins (no relation to the famous singer), Jeremy Ausmus, Lauren Kling and William Reynolds. 

2012 One Drop winner Antonio Esfandiari and Jason Somerville remained on the Ultimate Poker roster.

The news comes as PokerStars has begun to shrink its Latin American pro roster. 

Submitted by Nagesh Rath on, Aug/13/2014

Revel Casino Still Looking for Bidders

Atlantic City, N.J.  (Associated Press)  - A day after announcing it will shut down next month, Revel Casino Hotel told a bankruptcy court judge it is still negotiating with potential buyers.

In a notice adjourning an auction of Revel that had been set for Thursday, its lawyers say they are engaged in "ongoing negotiations" with "certain potential bidders" they did not identify. The filing follows Revel’s announcement that will shut down by Sept. 10, having been unable to find a buyer.

Submitted by Associated Press on, Aug/13/2014

Full Tilt Poker Pros Could Recover From ‘Black Friday’ Losses

Claims Administrator, the Garden City Group, has announced that former pros of the online poker site Full Tilt Poker could qualify to receive payments due following that company’s abrupt April 2011 exit from the US market.

The company shut its doors soon after but was eventually resurrected by PokerStars, which entered into an agreement with US authorities to facilitate payment to players affected by the closure.

Submitted by Patrick Flanigan on, Aug/12/2014

Men Claim Harrah’s Atlantic City Security Guards Brutally Beat Them

Attorneys for two Philadelphia men who allege they were beaten by security guards at Harrah’s Resort in Atlantic City, New Jersey are calling for state and federal prosecutors to investigate the separate incidents, both of which were profiled on ABC’s 20/20 news magazine last week. 

Submitted by Jagajeet Chiba on, Aug/12/2014

What Are The Safest Most Reliable Pay Per Heads?

Not all Pay Per Heads are created equal and that means safety must be adhered to at all times when considering a PPH shop.

Pay Per Head reviews offered up by Gambling911.com are a terrific start to researching where one should manage his or her players.

Submitted by Aaron Goldstein on, Aug/12/2014

Atlantic City’s Revel Casino to Close in September

ATLANTIC CITY – (Associated Press) - Atlantic City's newest casino is shutting its doors just over two years after opening amid high hopes of turning around the crumbling seaside resort's gambling market.

Revel Casino Hotel will shut down next month after failing to find a buyer in bankruptcy court, company officials announced Tuesday.

The company said the $2.4 billion casino will close its doors on Sept. 10. It has never turned a profit.

The closure will mean the loss of more than 3,100 jobs.

Submitted by Associated Press on, Aug/12/2014

Caesars Posts Bigger Than Expected Second Quarter Loss

LAS VEGAS (Associated Press) - Caesars Entertainment Corp  on Monday reported a wider loss in its second quarter.

The Las Vegas-based company posted a loss of $466.4 million, or $3.24 per share, compared with a loss of $212.2 million, or $1.69 per share, in the same quarter a year earlier.

Losses, adjusted for costs related to mergers and acquisitions and asset impairment costs, came to $2.31 per share.

Submitted by Associated Press on, Aug/11/2014

Gamblers Sue Foxwoods for Over $3 Million Over Unpaid Winnings

NEW HAVEN, Connecticut — (Associated Press) - Three gamblers have filed a lawsuit against Foxwoods Resort Casino alleging the eastern Connecticut casino failed to pay them more than $1.1 million that they won in a table game in 2011 and didn't give them back a $1.6 million deposit they put down to cover any losses.

The Day of New London reports that the gamblers filed the lawsuit in federal court in New Haven July 31, seeking $3 million in damages. The plaintiffs are Chinese nationals Cheung Yin Sun of Las Vegas and Long Mei Fang and Zong Yang Li of Los Angeles.

Submitted by Associated Press on, Aug/11/2014

Cincinnati Bookies: It’s All About The Bengals, Bearcats, Reds and Pete Rose

Local bookies thrive in Cincinnati, Ohio, and with good reason.  Bengals fans tend to be hardcore bettors.  But bookies also take their fair amount of action on the Reds and University of Cincinnati Bearcats as well.

Finding a local bookie is easy as pie in Cincinatti with its abundance of sports bars and pool halls.  These include the likes of Local’s Sports Bar & Grill, Knockback Nats, Rhinehaus, Tap House Grill, Rock Bottom and the Brass Tap, just to name a few.

Popular pool halls include House of Billiards, Western Bowl and Princeton Bowl.

Submitted by Aaron Goldstein on, Aug/10/2014

New Jetsmarter APP Lets Gamblers, Casino Execs Fly in Style for Cheap Fares

A new Florida-based company called JetSmarter has just the ticket for gamblers across the U.S. who like to take off for Las Vegas on a whim and travel in style: it has created an app so you can nab last-minute seats on private jets for stunningly low fares!

Submitted by Thomas Somach on, Aug/10/2014

Cleveland Area Bookies Hope to Capitalize Off of Lebron, Johnny Manziel

With Lebron James back in town, Cleveland area bookies have been making some serious coin on the new demand for Cleveland Cavalier bets.

Cleveland has always been a hardcore sports town with the Browns and Indians but the Cavs simply haven’t attracted the type of interest that comes with having a bona fide star the likes of Lebron.

Submitted by Tyrone Black on, Aug/10/2014

Chicago Illinois Area Bookies

Chicago area bookies can be found throughout the city and suburban areas.  Sports bars and pool halls are especially popular with Chicago, Illinois bookies.

Chicago is a big sports town with home teams that include the NFL Bears, two Major League Baseball teams – the Cubs and White Sox, the NBA Bulls and a very good NHL team that won the Stanley Cup two years ago and played in the Stanley Cup Final this year but lost.

Submitted by Aaron Goldstein on, Aug/09/2014

Oregon Bookies - Portland, Eugene, Corvalis: It’s All About GoDucks

Oregon bookies are everywhere with plenty of business throughout the state thanks to its high profile college football programs.  Looking for a bookie in the state of Oregon?  RealBookies may be able to set you up with a trusted local.

Submitted by Aaron Goldstein on, Aug/09/2014

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