July 3rd, 2010 / No Comments » / by admin
The biggest World Series of Poker (WSOP) main event cash winner ever, Jamie Gold, is already out of this year’s WSOP. It only took a matter of hours.
In 2006, Gold won a whopping $12 million and some change.
Gold’s win did not come without controversy. In fact, it took some time to receive his funds.
From Wikipedia:
Just prior to the 2006 WSOP, Bodog.com Entertainment and Gold entered into a business relationship when Gold agreed to find celebrities willing to play in the main event under the Bodog banner in exchange for a paid entry into the main event. Gold partnered with Crispin Leyser to help with this task in exchange for half of Gold’s winnings, according to Leyser. After Gold won, Leyser says that Gold reneged on the deal and had decided to keep the entire $12 million prize. Leyser sued Gold on August 22, 2006 which resulted in Chief U.S. District Court Judge Kathy Hardcastle issuing a restraining order which prevented Gold from collecting $6 million of his winnings from Rio Hotel and Casino before the first hearing of the lawsuit on December 1, 2006. At the December court hearing, U.S. District Court Judge Roger L. Hunt rejected a motion by Gold’s lawyers to lift the restraining order on the $6 million and ordered the frozen funds be moved into an interest-bearing account, saying that the “likelihood to prevail” lay with Leyser. Gold did a radio interview on Rounders the Poker Show following his Main Event win where he mentioned his deal with Leyser. It was later entered into evidence for the lawsuit. On February 6, 2007, Leyser and Gold released a joint statement stating they had settled the matter outside of court. The amount of the settlement was not disclosed.
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Ace King, Gambling911.com
Posted in: Casino News
Tags: Poker
June 28th, 2010 / No Comments » / by admin
Gambling911.com can report exclusively that a story about Ken “The Shrink” Weitzner appearing Sunday in a Virginia newspaper will reveal his suicide was not his idea–it was his wife’s!
The shocking story, set to run in the July 4 edition of the Virginian-Pilot (www.pilotonline.com), a newspaper in Norfolk, Virginia, USA, will also confirm what many have suspected–”The Shrink” killed himself because of financial pressures.
Weitzner, 54, who founded gambling portal Eye on Gambling (www.eog.com), and his wife, Jackie, killed themselves last April in their Chesapeake, Virginia home.
Authorities ruled the incident a double suicide.
Since the tragedy, speculation has run rampant as to what really happened and why.
The Virginian-Pilot story, written by crime reporter Kristin Grace Davis, will reveal startling new details about the suicides and what led up to them.
The most explosive revelation is that “The Shrink” had recently suffered very heavy losses gambling on sporting events on credit and couldn’t afford to pay his bookies.
That, combined with some earlier major losses in the stock market, plus the fact that EOG.com wasn’t earning nearly as much as it used to, put severe financial stresses on him.
The Weitzners feared losing their house and having to move in with one of their kids.
Jackie couldn’t accept the fact that the couple’s lavish lifestyle–fueled in part by the earlier sale of Ken’s first portal, The Prescription (www.therx.com), for $2.4 million–was going to end.
Shockingly, the story reports, it was not Ken who suggested the couple kill themselves, but Jackie.
Ken was not in favor of the idea at first and Jackie had to talk him into it.
Two days before the double suicide, the Weitzners visited an attorney and rewrote their wills, leaving everything to Jackie’s two sons from a previous marriage, as the couple had no children together.
Reporter Davis pieced the story together from an 18-page suicide note the Weitzners left the sons as well as from interviews with local police sources familiar with the details of the deaths.
By Tom Somach
Gambling 911.com Staff Writer
tomsomach@yahoo.com
Posted in: Casino News
Tags: Gambling
June 28th, 2010 / No Comments » / by admin
Hopes that Scott Montgomery might achieve a second bracelet at this year’s World Series of Poker are diminishing following his bust out of event 47, one of the popular $1,000 buy-in No-Limit Hold’em competitions, which reached a final table Tuesday night after three tough days.
3,128 players registered for the event, but that had been reduced to 35 survivors by the start of Day 3 play Tuesday afternoon with Manuel Davidian leading on 889,000, chased by Adam White,
After less than five levels, Davidian was eliminated in 10th spot to form the final table of nine by the close of play Tuesday night. Here are the finalists who will go into a fourth day:
Adam White 1,685,000
Allan Baekke 1,633,000
Shawn Busse 1,203,000
Owen Crowe 1,192,000
Ilya Andreev 985,000
Chuan Shi 894,000
Jason Mann 893,000
Pekka Ikonen 626,000
Wenlong Jin 292,000
Mihai Manole on 950,000 was leading the field in event 49 – the $1,500 buy-in No-Limit Hold’em competition late Tuesday night as Day 2 neared completion.
Tuesday’s action started with only 290 players left from the first day’s 2,543 starters – a remarkable attrition rate of around four eliminations every minute. With the money bubble only twenty eliminations away, the competition was enhanced as players struggled to stay in the field.
Giuseppe Zarbo was leading the charge in pursuit of the main prize of $609,493 as Day 1 ended.
By late night Tuesday Day 2 contestants were still battling away, with the field down to 33 survivors by level 20, and average chip stacks around 346,772.
Event 50, the $5,000 buy-in Pot-Limit Omaha competition was still very lively Tuesday night as Robert Mizrachi on 435,000 fought to retain the chip lead over the 47 players left in the running.
Earlier in the day, 172 survivors from an original field of 460 had gathered at the start of Day 2 action, with Kevin Schaffel in the lead, having eliminated Scotty Nguyen.
Ryan D’Angelo is Mizrachi’s nearest rival on 380,000 at level 17 in the event.
This year’s entry field for event 51, the $3,000 buy-in Triple Chance No-Limit Hold’em contest saw an increase of 111 over last year’s equivalent as 965 players took their seats Tuesday afternoon.
With only six more events left in this year’s 41st World Series of Poker, the chances of players like Tom Dwan winning a bracelet and some big money in side bets are diminishing, as are those for players like Phil Hellmuth and Phil Ivey who would like to increase their WSOP jewellery collections.
The format for the event involves each player starting with a stack of 3,000 chips and two “rebuy lammers”. The rebuy lammers are each worth an additional 3,000 chips and can be taken before the start of any hand at any point through the first four levels. At the end of Level 4, all unredeemed rebuy lammers are automatically swapped for tournament chips.
Seen among the Day 1 entrants were Jeff Shulman, Hevad Khan, Allen Kessler, Theo Tran, Gavin Griffin, Dutch Boyd, Sorel Mizzi, Phil Ivey and James Dempsey.
By the completion of Day 1 play at level 10 Tuesday night only 189 survivors bagged their chips, with the biggest bag held by Tommy Vedes on 237,000 with David Singer in hot pursuit on 204,100.
First day casualties included double-bracelet winner Frank Kassela, David Williams, Gavin Smith, Vanesssa Rousso, David Steicke and Chino Rheem.
Posted in: Casino News
Tags: Poker
June 23rd, 2010 / No Comments » / by admin
The fickle finger of fate worked rather well for an Ohio store clerk this week, landing her a totally unexpected $250,000 windfall. According to an Associated Press report, store clerk Naomi Mauller of New Lexington, Ohio forgot to add an extra game to a customer’s lottery ticket, so she created a new and correct ticket for the customer and bought the $2 ticket on which she had made the error.
Both tickets won, giving each ticket holder a quarter-of-a-million dollars.
Mauller said she will to use the money to buy a car and pay off some debt.
Posted in: Casino News
June 23rd, 2010 / No Comments » / by admin
Gambling911.com special contributor Greg Tingle looks at the toll on Aussie pokies clubs should the government have its way with recent gambling-related recommendations.
Australian pokies clubs and hotels say that the new Australian Productivity Commission Reports recommendations would cost them $4 billion dollars to implement. Media Man and Gambling911 take the probe to the one armed bandits…with this free of charge report…
With new Australian Prime Minister Julie Gillard sworn into office yesterday, many campaigners, lobby groups and the like are attempting to strike while the iron is hot.
Media Man understands that new PM came into office on the same day that the Australian Productivity Report on gambling was released into the public domain. Coincidence or not? In the U.S its not that uncommon for various controversial and high stakes bills to be sworn in just before public holidays et al, and some folks call these happenings “Midnight Bills”, a term coined to match the cloak and dagger – art of war type practice.
The Aussie clubs lobby powers that be state upgrading pokies to meet Productivity Commission recommendations could cost up to $4 billion back! Yep, you read right. We reckon you could buy a few clubs, even casinos, for that sot of money.
The timing of last months pokies auction is curious also. The purchaser may have thought they got a bargain, but maybe not, if those pokies become useless or too expensive to bother upgrading.
Mr Jeremy Bath, Exec Director of Clubs Australia advised some smaller outlets with one armed bandits that could be say a decade old may not be able to afford to purchase new pokies that go for about $25,000 a pop.
“Manufacturers haven’t been building them so they could be upgraded,” he tells.
The Productivity Commission this past Wednesday made some 48 recommendations to tackle “problem gambling”, including a $1 a bet limit on pokies, restricting to $20 the amount of cash a player could insert into a machine and a “pre-commitment” system allowing pokie lovers to set their own voluntary spending limits.
Ball advised technology that was very expensive to install and implement would not in fact end “problem gambling”.
“The best strategy for problem gamblers will always be to ensure the counselling and education they need is readily available so they don’t gamble at all,” he said.
The GM of the Australian Hotels Association South Australian branch, Ian Horne, advised some of the commission’s recommendations were “pretty confronting” and disputed by the industry because of the lack of evidence backing the claims.
“They basically say a lot of their recommendations are a leap of faith,” he said.
“We don’t want a leap of faith, we think we deserve something a bit more concrete.”
The federal government has taken up just one of the commission’s recommendations, which would allow gamblers to voluntarily set limits on the amount they intend to spend in a single gambling session.
Media Man believes that some of the report recommendations have merit, such as the setting limits point.
A Media Man spokesperson said “People enjoy playing the pokies and its no secret that a small percentage run into problems, just like some drivers have car accidents, some sports persons get injured, some people shoplift, some look for fights at clubs, and you get the idea. The problem remains, we are dealing with people here, not robots. Studies have shown that gambling addiction can be found in the genes – the human makeup – DNA. Machines are not the problem, just as guns are not the problem – people are… some people are just not suited to playing the pokies. If you make them illegal they will only go underground. Education and counselling are key parts of whats needed. For those people who think they may have a problem, stay away from pokies, or just don’t even start. Of course, in the online environment some pokies can be played for free. In theory its simple, don’t put in money if you have a problem, or think you might. Again, we’re dealing with humans, not robots, so there’s likely to always be some kind of problem behavior, as there is in just about every aspect of society”.
The New South Wales Minister for Gaming and Racing, Kevin Greene, said he looked forward to working with the new COAG council, but appeared to signal problems.
“NSW will continue to play a leadership role in national discussions but we will not agree to any approach that diminishes the strict responsible gambling initiatives already in place in our state,” Mr Greene said.
The clubs industry, which derives about 60% of its revenue from gambling, and poker machine manufacturers welcomed the government’s response to the report.
While responsibility for gambling regulation lies with the states, the commission said that the federal government could use its corporations powers to regulate gambling machines if necessary.
Independent Senator Nick Xenophon, who ran for Parliament on a no pokies platform, was far from impressed with the Government’s response.
“The Federal Government’s response on this report is nothing short of a disgrace,” he said.
“We don’t need more talk, we don’t need more reports and reviews, we actually need action on this and the fact is the Productivity Commission – by recommending $1 bets – is a way forward to actually deal with this issue.”
Some of Australia’s most popular pokies include Cleopatra, Queen Of The Nile, Black Rhino, 50 Lions, Where’s The Gold, Penguin Pays and Show Me The Money. Online pokies that enjoy strong popularity, many by PartyGaming in third party agreements with outfits like IGT – WagerWorks, Hasbro and Marvel, include Cleopatra, Sinatra, Monopoly, Thor, Rambo, The Incredible Hulk, Tomb Raider, Hitman and Mission: Impossible. That reminds us, Tomb Raider movie goddess, Angelina Jolie, is also strongly rumoured to be considering the lead in a Hollywood remake of Cleopatra. Her Brad Pitt has also been talked about for Mark Anthony. The movie remake would also be a platform to relaunch the famous ‘Cleo’ game titles. Richard Branson’s Virgin Games and new Virgin Gaming is also understood to be getting Tomb Raider before year end. Only in Hollywood… and the igaming sector. Know the odds, and keep it fun.
*The writer is a special contributor for Gambling911
*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. Gaming is just one of a bakers dozen of sectors they cover.
Posted in: Casino News
Tags: gamblers, Gambling, Poker
June 18th, 2010 / No Comments » / by admin
One of poker’s biggest superstars continues to make headway, winning his eighth career World Series of Poker (WSOP) bracelet. Ivey accomplished this feat in the $3,000 HORSE event, beating out Bill Chen.
From Cake Poker: “With this win, Phil Ivey’s eight career WSOP bracelets ties him with Erik Seidel for fifth all-time. The $329,840 first prize won’t mean a lot, since it almost surely pales in comparison to the money he’s won in prop bets from Tom Dwan and other poker pros. Chen, meanwhile, settles for second place and $203,802.”
It is that other “Phil” that has more WSOP bracelets than any other poker player, Phil Hellmuth. He has a record 11 World Series of Poker bracelets.
Ace King, Gambling911.com
Posted in: Casino News
Tags: Poker
June 18th, 2010 / No Comments » / by admin
Creating something of a stir in the Philippines is a plea by religious leader Archbishop Oscar Cruz that the successful state-run internet gambling group Pagcor (Philippine Amusement and Gaming Corp) be disbanded. The plea is addressed to the new state President Benigno Aquino III.
The Archbishop, a founder of the People’s Movement Against Jueteng and the People’s Movement Against Gambling, told local media that since gambling is synonymous with corruption, Pagcor is also identified with corruption, and should be abolished.
“On bended knee I ask the incoming administration to get rid of Pagcor, especially as a government corporation,” Cruz wrote in an article, adding that Pagcor executives should also follow the lead of the group’s chairman, Efraim Genuino, who retired early to give the new administration a free hand to choose a replacement.
In a pastoral letter issued early this week, Filipino bishops said that gambling is not in the country’s best interests, and urged the new administration to provide alternatives to boost the economy without negative social and moral consequences.
Posted in: Casino News
Tags: Gambling
June 13th, 2010 / No Comments » / by admin
If you join in the Football Mania event at Caesars Casino you could net yourself a share of over £26,000.
Take advantage of the generous welcome bonus on offer for all new players at the same time and you could increase your cash prize even further.
Last week Caesars Casino gave away a huge £8700 in their Football Mania event – and they look set to continue dishing out amazing cash prizes this coming week, with payouts reaching £8750 for a few lucky players.
Caesars Casino’s Football Mania event continues all the way through the World Cup until July 11th – when we will all be watching the big final alongside playing our favourite casino games!
Between now and then all Caesars Casino’s players have the chance to win a share of more than £26,000 during their Football Mania simply by logging in and playing their favourite casino games. Choose from blackjack, roulette, craps, classic slots – some with progressive jackpots – and a whole host of other exciting games!
Caesars Casino also has other great monthly competitions and events including special Happy Hours during which you can get a 10% deposit bonus of up to £50 every single month.
A huge welcome bonus is also available for new players at Caesars Casino, worth up to £500, which is a great way to make your total cash prize even bigger – and your gaming fun even more exciting!
Posted in: Casino News
June 13th, 2010 / No Comments » / by admin
Gentleman bookmaker, Victor Chandler, whose company is estimated to be worth in the neighborhood of £300million, has reportedly fell madly in love with his cousin’s wife, Caroline.
The cousin, Peter Beaton-Brown, stepped down from his long time post at Victor Chandler as Victor’s right hand man.
Caroline and Peter had recently divorced but Richard Kay of the Daily Mail, who broke the story, reports that Peter is absolutely devastated.
A friend told Kay: ‘Butch has been devastated. He looks as though he has lost about 3st in weight. He is a very nice chap. He felt he obviously couldn’t go on working for his cousin in the circumstances. They were previously very close.’
Chandler previously had a long-term relationship with another of his cousins, Carol Masters, who is ten years his senior, but that fizzled out, Kay added.
Alistair Prescott, Gambling911.com
Posted in: Casino News
June 8th, 2010 / No Comments » / by admin
June 11 – 32Red Online Casino has pulled out all the stops to make sure that World Cup month will be memorable at the casino.
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Check out our 32 Red Casino Review.
Posted in: Casino News
This site is built for the purpose of sharing information about Casinos. Online casinos gambling became very popular in the last few years as a medium for gambling on the internet. Players can place bets from their own home on every casino game they desire. Different online casinos have different games and their variations. Paying methods are used by depositing money into your account using a Credit Card. The casino players pay a cash advance in order to get virtual chips for playing online.
