USA Online Poker News
Morgan Stanley Cuts Online Gambling Industry Estimate from $5 Billion to $2.7 Billion
Australian James Gorman Has Been the CEO of Morgan Stanley Since 2010 Morgan Stanley cut its estimates of the U.S. online gambling industry almost in half from estimates it made in the fall of 2014. Just six months ago, Morgan Stanley believed the legal American...
Atlantic City’s Emergency Managers File Preliminary Economic Report to Gov. Christie
Christie Wanted to Know the Results of Lavin and Orr’s Report before Deciding on the PILOT Bill The preliminary report on Atlantic City’s economic future has been filed by the city’s state-appointed emergency managers. The report by Kevin Lavin...
Vegas Sportsbooks Lose Millions on a Foul Call Made at 0.7 Seconds in the Game
A Foul Called with 0.7 Seconds Left Made All the Difference in the Bet’s Outcome A trash-time free throw with 0.7 seconds remaining in the NCAA Tournament contest between Duke and Utah cost Las Vegas sportsbooks a million dollars on Friday. The foul call...
Las Vegas Illegal Sports Betting Suspect’s Malaysian Supporter under Fire
Zahid, Seen Here during a 2012 Scandal, Sent the Controversial Letter to the FBI on December 18 Ahmad Zahid Hamidi, the Malaysian politician who claimed alleged illegal bookmaker Paul Phua was doing work for his country’s national security, remains under...
MGM Resorts Breaks Ground on Springfield Casino in Western Massachusetts
Jim Murren Termed Connecticut’s Planned I-91 Casino to Counter MGM Springfield a “Box of Slots” March 24 is the day MGM Resorts International breaks ground on its $800 million casino in Springfield, Massachusetts. A special ceremony is planned...
Florida Gambling Bill Receives First Official Scrutiny in Thursday Legislative Workshop
Prior to Becoming a Lawmaker in 2012, Dana Young Worked in a Miami-area Law Firm State Representative Dana Young’s gambling industry legislation is set for its first official review on Thursday, March 26. The review of Florida House Bill 1233 is set for a...
Online Gambling Proponents Prepare Gaming Technology Demonstration for US Congress
Though He Sits on the Internet Committee, Lindsey Graham Said He’s Never Used Email Proponents of online gambling plan a gaming technology demonstration during the US House Judiciary Committee meeting on the Restore America’s Wire Act bill. Also, the...
Las Vegas Sportsbooks Have a Record Thursday Windfall on March Madness
Las Vegas Sports Gamblers Get into the Spirit of Things with Devry University Basketball Uniforms Thursday was the biggest single day win in memory, said one Las Vegas sportsbook this week. Though favorites continue to win at an astounding rate, most of the favorites...
Fantasy Sports Office Pool Operator in Multi-Year Legal Battle with New Jersey Prosecutors
John Bovery’s Payouts Ballooned from $2800 to Over $800,000 in a 20-Year Period John Bovery, a New Jersey resident who operated a fantasy football pool for 20 years (1990-2010), has been in a 5-year legal battle with the state of New Jersey over whether he...
Texas District Attorney Leads Raid against a Illegal 8-Liner (Maquinitas) Operation
Ricardo Rodriguez Made National Headlines in January for Vowing to Fight Local Corruption Ricardo Rodriguez, the Hidalgo County District Attorney, called on support by the local police department after a raid on a local La Joya 8-liner gaming machine venue. The...