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Bodog’s Poker Game Pays Out $127000 – Online Casino News

Bodog are renowned for their casino, sportsbetting and online poker. It was the former that netted one lucky player $127,000 at the Let ‘em Ride poker game.

Drew C from Texas scored the big win at the game last week. Let ‘em Ride is dealt from a standard 52-card deck but unlike regular poker, the player is competing against the house. The flop, turn and river are the same as Hold ‘em but each player has three cards.

As well as this huge win, several other players at Bodog had good weekends. Leroy B. was the weekend’s top blackjack player with $12k profit and David G scored highly on the slots games, winding up $14,000 in the red.

 

Western Australia proposes Internet betting on state lotteries

West Australians could soon enjoy the convenience of Internet betting on state lotteries if a proposal now nearing completion and due for submission to the provincial government soon is accepted.

Lotterywest CEO Jan Steward revealed to the West Australian newspaper this week that her staff were putting the finishing touches to a proposal for consideration by the state government within the next fortnight.

The plan would make all games except “scratch and win” tickets, including Super 66 and the Soccer Pools, accessible by clicking on a link on Lotterywest’s website. Punters would first have to set up a bank account, which would be subject to yet-to-be established checks verifying the age of gamblers. They would nominate limits on the amount they wished to bet, and gambling on credit would not be allowed.

Provided the scheme is contained as a lottery initiative it is not likely to attract too much opposition, the newspaper reports. However, interested parties have warned that it should not lead to casino interactive gambling and there must be safeguards to ensure that children could not access the service.

The objective of going online is not so much boosting Lotterywest’s already significant revenues of around A$650 million, but more a case of adopting a defensive strategy against lottery offerings from other Aussie states that have already introduced online lotto wagering, Steward revealed.

She estimated that Lotterywest was losing about A$4 million a year in turnover from interstate online betting by West Australians so there was $1.3 million less a year to return to the community and charities under its revenue-sharing arrangements.

WA Council of Social Service chief executive Sue Ash said it would support the proposal if there was no interactive element to the gaming process, which would lead to gambling problems.

The requirement to set up a bank account might help gamblers keep better track of spending on games, she said.

West Australia Premier Colin Barnett, who has responsibility for the State’s lottery business, said he had still to see the proposal but it would require Cabinet approval.

Arsenal legend Paul Merson fired as promoter of bookmaker

English bookmaker Better has fired old Arsenal legend Paul Merson from its advertising campaign. Managing director of Better said they took the decision after receiving ‘a lot’ of complaints.

Paul Merson especially known for his time with Arsenal, was asked to do the campaign at a social event. The 41 year old ex problem gambler has fought years against his gambling addiction, which was well documented. This did not fell good with people. Ian Hogg, managing director of Better said they never meant to offence people and they are pulling the campaign, he also said: “We have no wish to cause any offence or inflame online gambling as an issue.” Also Hogg stressed their relations with Merson remains good, it is even possible they will work with Merson in the future on a anti problem-gambling campaign.

iMEGA attempt to declare New Jersey sports betting law unconstitutional

Look out for more legal fireworks from the Interactive Media Entertainment and Gaming Association (iMEGA) on Monday 23rd March – the civic and Internet freedoms organisation will be announcing a new action in New Jersey aimed at having the Professional and Amateur Sports Protection Act declared unconstitutional.

The litigation comes on the heels of New Jersey Senator Ray Lesniak’s action seeking to repeal the same 17-year-old sportsbetting law as the state’s land gambling venues feel the chill winds of competition from neighbouring states and the effects of the recession.

iMEGA is no stranger to litigation against any law that it feels is inequitable or unconstitutional; the organisation’s lawyers are still involved in major actions attacking the Unlawful Internet Gambling Enforcement Act and in fighting off an attempt last year by the state of Kentucky to seize and confiscate international domain names belonging to online gambling companies.

The action against the Professional and Amateur Sports Protection Act is based on iMEGA’s contention that the law violates the US Constitution’s Tenth Amendment, and tramples on the Commerce Clause of the U.S. Constitution, Equal Protection Clause, First Amendment, Eleventh Amendment, due process, and privacy rights. The action will also claim that the law is “void for vagueness,” lacking precision in a practical sense.

Monday’s announcement will be made mid-morning at a press conference in the State House in Trenton. iMEGA chairman Joe Brennan will be joined at the conference by what in other circumstances might be viewed as unlikely allies – representatives from the Thoroughbred Breeders Association of New Jersey, the New Jersey Thoroughbred Horsemen’s Association, the Standardbred Breeders and Owners Association of New Jersey, and New Jersey State Senators Jeff Van Drew and Raymond Lesniak.

In an interview with Poker News Daily, Brennan opined that the Professional and Amateur Sports Protection Act is a violation of federalism and infringes on a state’s rights to raise revenue. It created a special class for a small number of states and deprived other states from being able to be a part of it. He claims that the law is a violation of the Tenth Amendment of the United States Constitution, which prescribes, “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”

Brennan noted that the US Attorney General and the U.S. Department of Justice both opposed the law when it was introduced, arguing that it was a violation of federalism.

Even more pressure against UIGEA

The last couple of months, the Unlawful Internet Gambling Enforcement Act (UIGEA), has been under tremendous pressure, with the world economy at his knees, US is starting to see online gambling as a way of stimulating the economy instead of raising taxes. Because of the UIGEA, US government is running out on billions of dollars in taxes. Two convinced anti-UIGEA’ers have joined ranks and are fighting the UIGEA together, making clear waiting for an answer is almost over.

Mike DeCesare, the chief of staff for Congressman Jim McDermott said: “I expect that we will introduce the legislation in 2-3 weeks. Like last session, we will introduce after Congressman Barney Frank’s legislation.” McDermott, most known for bill H.R. 6501 in 2008, which would make online gambling or waging taxable, revenues of the tax would be invested in declining economic sectors. Off course we all know Barney Frank, last year, he introduced the Gambling Regulation and Enforcement Act, which would repeal the UIGEA. But the bill never made it to the House floor for a vote.

It’s a matter of waiting for the next few weeks. More and more people and businesses are gathering for the fight against the UIGEA. Making it easier to repeal it. A step forward for online gambling and online casino’s in the U.S.

NCAA lawyers to enforce March Madness trademarks

Whilst most of America is getting into the spirit of the college hoops March Madness betting this week, the legal eagles at the National Collegiate Athletic Association (NCAA) are gearing up to enforce the organisation’s trademark and copyright protection, reports the Los Angeles Times.

The organisation says the competition triggers a flood of unauthorised use of the NCAA’s trademarks as companies include terms such as “March Madness” and “Final Four” in advertising to attract customers. And as the economic situation deteriorates, the flagrant misuse of the NCAA trademarks seems to worsen, say lawyers.

The NCAA expects to send hundreds of cease-and-desist letters this year to websites, bars, casinos and even major companies that use its trademarks without permission, Jay Rossello, its director of legal affairs, told the LA Times.

Doug Masters, a partner at law firm Loeb & Loeb who’s an outside counsel for the NCAA confirms the trend: “The downward economy has created a spike in unauthorized activity,” he said . “When times are tough, instead of spending your money to get sales, you try to leverage off of other people’s investments.”

The NCAA has to protect its trademarks to maintain their value. Letting any business offer an “Elite Eight Special,” for example, hurts the association’s ability to get top dollar from official sponsors, lawyers say.

That means allowing no posters on doors of casinos inviting people to March Madness gambling, no Internet ads luring people to websites where they can buy unauthorized March Madness gear and no March Madness Web banners trying to get people to bars or events that aren’t NCAA sponsors.

The Internet has made it easier for businesses to try to profit from the tournament by creating unofficial bracket pools and smart phone applications. As CBS, the tournament’s official TV network, makes more of the games available for live viewing online, websites also can take the feeds without permission to attract visitors.

In past years, the NCAA has scared online travel companies into pulling offers for Final Four trips and blocked online casinos from pitching March Madness promotions.

This year, the association waged a successful fight against an adult website running a bracket-style tournament featuring porn stars and explicit puns on the trademarked basketball terms. It also looks closely at ticket promoters implying that they have a connection to the NCAA.

One of the latest targets is NASA, the federal space agency. The NCAA recently asked NASA to stop advertising Mission Madness, which lets fans vote on its greatest-ever mission. The promotion featured a bracket system like that used in the college tournament as well as basketball icons.

“There was no reason to use basketballs,” Masters said.

An agency spokeswoman said she knew nothing about any complaints from the NCAA. Mission Madness remains online.

Arsenal knockout Hull in FA Cup quarter-final

Arsenal came from a goal down to knock out FA Cup rivals Hull in a bad tempered game at the Emirates Stadium. The home side fell behind when old-timer Nick Barmby scored with the help of a deflection although all of the action very much began in the second half of the game. In the final 16 minutes a goal from Robin van Persie and a William Gallas header took the game for Arsenal but replays showed that Gallas was well offside prior to his goal.

While the game ended 2 – 1 to Arsenal there would appear to have been some heated debates in the tunnel with Arsenal captain Cesc Fabregas involved in an altercation with Phil Brown’s number two Brian Horton. While there’s sure to be some kind of FA investigation into the aftermath of the game there is no doubt that Arsenal are through to the semi-finals against local rivals Chelsea.

The final four teams in this year’s FA Cup include Manchester United, Chelsea, Arsenal and Everton with Manchester United clear favourites at 1.4/1, Chelsea 2.75/1, Arsenal are 3.7/1 with Everton the rank outsiders at 7.8/1. While Manchester United are on course for a quadruple this year, do not write off Everton to lift the trophy in what has been one of David Moyles best seasons.

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Casino giant MGM Mirage takes a massive hit on profits

March 14, 2009

World-renowned casino operator MGM Mirage has reported a loss of $1.15 billion for the fourth quarter of 2008 after being forced to write down earlier acquisitions to the tune of $1.18 billion which it acquired back in 2005. The company also reported a significant fall in revenues from $1.93 billion for the corresponding period in 2007 down to $1.6 billion for the final quarter of 2008. So what next for the casino giant?

Even though MGM Mirage shares were down slightly after the figures there was a sense of relief with the news that the company managed to repay $300 million to its lenders in exchange for a brief period of respite until 15 May. As more and more casino groups struggle to repay their debts the news of the debt repayment by MGM Mirage was well received by analysts although the company is by no means out of the woods as yet.

At this moment in time it is unclear as to when the casino market will recover in the U.S. and worldwide, with many analysts expecting a very difficult two years for the sector. While companies such as MGM Mirage have substantial debts they appear to be better placed than some of their smaller counterparts who are struggling with cash flow and feeling severe pressure from their bankers.

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Barney Frank to initiate next attack on UIGEA as early as mid-March

March 10, 2009

According to Reuters reports as the week ended, the next substantial attack on the controversial Unlawful Internet Gambling Enforcement Act 2006 could commence as early as mid-March 2009.

Spearheaded by Congressman Barney Frank, who chairs the House Financial Services Committee, the proposal will seek to repeal the disruptive and much-criticised three-year-old U.S. ban on Internet gambling financial transactions that has caused billions in losses and hurt US trade ties with the European Union.

“I’m going to be pushing it,” Frank told reporters at a press conference to lay out his agenda for reforming U.S. financial regulation.

One of Frank’s aides added that work on drafting the legislation should be completed soon.

Advocates of overturning the UIGEA say it is an unwarranted impingement on personal liberty, and point to independent estimates that the United States could raise nearly $52 billion in revenue over the next decade by taxing and regulating Internet gambling instead of trying to prohibit it.

Controversial “carve-outs” in US law that permit online gambling in the horseracing, fantasy sports and state lotteries sectors have also been heavily criticised as inequitable, leading to major World Trade Organisation decisions going against the USA.

Adding fuel to the fire, the London-based Remote Gambling Association has accused the U.S. Justice Department of singling out European online gambling companies like PartyGaming, Sportingbet and 888.com for prosecution while allowing similar U.S. companies to operate freely through the Internet. This has resulted in a European Commission investigation, the results of which are expected to be released soon. Insiders claim that the report will confirm that there are grounds to take further action against the United States at the World Trade Organisation, although a negotiated resolution would be preferred.

Bail-out critical American tax-payers will also be interested to learn that other items on Congressman Frank’s agenda include a March 24th hearing with the U.S. Attorney General, FBI, SEC and bank regulators on potential criminal and civil prosecutions of “…those responsible for irresponsible loans, securitization and the resulting U.S. financial crisis.” He will also push for legislation to restrain securitisation, anticipating that $7.6 billion of TARP (Troubled Asset Relief Program) bailout money will be returned to the U.S.

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32 Red Sign up offers

March 9, 2009

32 Red casino is one the UK largest online gaming operators. With a huge range of games and promotions, 32 Red is a firm favourite among online casino fans. The brand has recently expanded into the online bingo and poker sectors, but it’s casino product is still at the core of the business.

Here’s a a look at some of the sites most popular promotions in including their unbeatable 6 pack bonus:

• Looking for a decent sign up promotion? Then head to 32 Red! The site gives new players £32 free as well as several other great deals. If your a slots player then how about 100% deposit bonus or 10 free spins?!
• Love the roulette? Then new users will get a £5 free bet! If your a poker player then you can claim a free $10 bonus!
• Massive progressive Jackpots worth £5.5 million which are waiting to be won!
• Make the most of the Red Ruby’s loyalty points programme for the chance get some extra cash bonuses by simply playing at the site.
• Red Letter Day Thursday! Every player that deposits on Thursdays will be entered into a draw automatically for the chance to win £1,000 in casino chips!

32 Red is a safe, enjoyable and exciting site to play casino games at. The software is extremely easy to use and the jackpots are massive. Make sure you claim all the 6 pack sign up bonuses by joining today!

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