No Smooth Ride for Online Poker

Posted in Gambling News, US Gambling by Casino Online Charlie | add comments

It looks like online poker will not have any type of smooth ride in the USA.

Senator Jon Kyl (R-Ariz.) and Rep. Spencer Bachus (R-Ala.) co-signed a letter to Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke last week opposing calls to delay the Dec. 1 compliance date of the Unlawful Internet Gambling Enforcement Act by one year.

Having two members of Congress openly oppose poker’s cause might not seem like a positive turn of events, but it’s actually encouraging.

We had to figure that poker’s detractors would respond to the letter initiated by Rep. Barney Frank (D-Mass.) backing the petition filed by the Poker Players Alliance, National Thoroughbred Racing Association and American Greyhound Track Operators Association.

While free poker remains legal it appears online poker for real money will still face an uphill battle, even though the new President has been reported to ‘really enjoy a game of poker”.


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PartyGaming $300 Million Settlement

Posted in Gambling News, Online Casinos, UK Gambling, US Gambling, World Gambling by Casino Online Charlie | 2 comments

PartyGaming is preparing to announce a $300 million settlement with US authorities in relation to its online poker activities prior to the 2006 ban. A number of founder members of PartyGaming are also being prosecuted by the authorities and while the company itself has issued a plea bargain it appears as though the controlling directors are set to go to court.

Anurag Dikshit is one of those directors who is rumoured to be on the verge of announcing a personal $300 million settlement with the authorities although there is also speculation he has refused to pay any fines. This situation has been ongoing for sometime now and while rumours continue to circulate that online gambling will return to the US in a different form over the next couple of years, it appears that the authorities are still looking for their share of income from past years trading.  I think that this would be a good move on his part, who needs this kind of crap following them around.


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PokerPro Event Scheduled

Posted in Gambling News, Land Casinos, Poker, US Gambling by Casino Online Charlie | add comments

Poker even hosting news out of  Atlantic City casino has announced details of a special tournament featuring PokerTek’s automated card tables. Starting on Saturday November 1st, players at Trump Plaza have a month to qualify for the $25,000 freeroll no-limit Texas hold’em event, which begins on December 13th.

Using the automated PokerPro tables developed by PokerTek, each player at the December tournament will begin with $12,500 in virtual chips. “By holding this tournament, Trump Plaza is rewarding their loyal players and providing incentive for newcomers to visit their poker room,” said Randy Kiefer, PokerPro’s account manager for Atlantic City.  I hope this even does not interfere with my free poker rolls.

“The atmosphere is like no other in Atlantic City - once players are introduced to Trump Plaza’s poker room, they are sure to become regulars.”

Players can qualify for the $25,000 freeroll by playing for a minimum of 60 hours in the poker room between November 1st and 30th. The Trump Plaza is one of three Trump Entertainment resorts in Atlantic City and also offers table games such as blackjack, roulette, baccarat and craps.


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Lawsuit Pays Off

Posted in Gambling News, Land Casinos, US Gambling, World Gambling by Casino Online Charlie | add comments

When former New York attorney Arelia Margarita Taveras stepped up to the stand last week she laid down a claim of $20 million against a group of eight casinos which she believed had let her down. She was addicted to gambling and lost upwards of $1 million in just two years, was disbarred for dipping into client funds to finance her addiction and faces an up hill battle to take her claim further after it was thrown out by a judge.

Ms Taveras named eight casino in her lawsuit which were the Resorts Atlantic City Casino, the Trump Plaza Hotel and Casino, Taj Mahal Casino Resort, the Tropicana Casino Resort, the Showboat Casino Hotel, Bally’s Atlantic City Casino and the MGM Grand Hotel and Casino in Las Vegas. Each and every hotel has fought to have the lawsuit thrown out and eventually got their way today.

While Ms Taveras has pledged to fight on in her battle to prove the casinos had a liability to assist her and stop her from gambling, the chances of success are very small. The casinos believe that she brought everything onto herself by the way she acted and allegedly took money from third parties without permission.  Only in the ole’ US of A would this kind of crap even stand a chance.  Now he will have a bit of extra cash to play bingo Sat. nights.


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Woman Win More than Men?

Posted in Bingo, Blackjack, Gambling News, Land Casinos, Online Casinos, Poker, Slots, Tips and Tricks, UK Gambling, US Gambling, World Gambling by Casino Online Charlie | add comments

In suprising results, high-stakes women gamblers who use the Internet to wager on games win more often than men, according to a Harvard Medical School study. The Bwin-sponsored Harvard Medical School study of online sportsbettors continues to reveal interesting and useful information on betting demographics and patterns.

The latest results released from the 40 499-person study “favour women as exhibiting more effective sports gambling behaviour than men,” wrote Massachusetts-based author Richard LaBrie and his team of researchers. The results of the study, to be published later this year by Berlin-based Axel Springer, were carried in Bloomberg news service reports Friday.

Women wager higher stakes with more intensity than men. According to the study’s sample, women risked an average Euros 15 ($20.17) per wager and bet 15 percent more often than men in a defined time period. Men, who comprised almost 92 percent of the study’s sample, wagered an average Euros 11 per bet.

The study used data from Bwin Interactive Entertainment AG, an Austrian online bookmaker. The conclusions are based on eight months of gambling patterns directly observed from player records in 2005.

The survey’s biggest bettors were 50 percent less likely to lose than smaller players, according to the 16-page report, titled Assessing the Playing Field: A Prospective Longitudinal Study of Internet Sports Gambling Behaviour.

People who wagered a median Euro 44 per bet lost 9 percent of the time, while people who wagered Euro 1 per bet lost 18 percent of the time.

“Individuals who made larger wagers lost proportionately less than individuals who made smaller wagers,” the researchers said. “These players place extreme amounts of money at risk but extreme losses did not moderate their play.”

Earlier reports from the study cast doubts on assertions that online sportsbetting is addictive. Personally I have no doubt that online gambling can be very addictive to a small number of players but those same folks would probably just be additcted to another type of gambling if online was not available to them.  All online casinos should help support gamblers annonymous type sites.


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