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Three Online Poker Houses Face Fraud Charges in NYC
By not in system - AOL NewsNEW YORK -- The multibillion-dollar business of the three biggest Internet poker companies became a target of federal authorities before an indictment was unsealed Friday, charging 11 people with bank fraud and illegal gambling. Prosecutors in Manhattan said they've issued restraining orders against more than 75 bank accounts in 14 countries used by the poker companies, interrupting the illegal flow of billions of dollars. U.S. Attorney Preet Bharara said the defendants "concocted an elaborate criminal fraud scheme, alternately tricking some U.S. banks and effectively bribing others to ...
States Hustle to Legalize Online Poker Despite Federal Roadblocks
By Steve Friess - AOL NewsLAS VEGAS -- First it was medicinal marijuana use. Then immigration reform. And now at least six states, most notably Nevada and California, are on the brink of taking action where they believe the federal government has failed -- legalizing Internet poker. Bills are percolating in legislatures across the country that would formally permit residents to play poker online within state boundaries, an effort to circumvent a 2006 federal law that crippled the fast-growing Web gambling industry. The bill most likely to be adopted first appears to be the one sponsored by Nevada Assemblyman William ...
Mega Millions Jackpot Hits $312 Million Before Tonight's Drawing
By Dana Chivvis - AOL NewsLotto hopefuls lined up to buy a 1 in 176 million chance of winning the $312 million Mega Millions jackpot. The winning numbers -- 22, 24, 31, 52 and 54 and Mega Ball 4 -- were picked at 11 p.m. EST in Atlanta, and tickets were sold until 15 minutes before the drawing. Tonight's pot of cash is the second-highest Mega Millions prize this year. In January, two tickets sold in the Northwest yielded a $380 million prize. Mega Millions is held in 41 states and the District of Columbia. Justin Sullivan, Getty Images The Mega Millions jackpot stands at $312 million, with the winning ...
Grandma Buys Wrong Lottery Ticket and Wins $300,000
By Susanna Baird - AOL NewsMaybe her fellow Kroger shoppers distracted her, or maybe she had half a mind on that night's dinner. Whatever the reason, retired Atlanta social worker Bobbie Ware, 84, bought the wrong lottery ticket from the vending machine. "I was upset," she told Georgia Lottery officials. "That wasn't the ticket that I meant to get." Still, she had the ticket, so she scratched the ticket, from the "$300,000 Taxes Paid" game. She won $300,000 plus the taxes on the prize. Her annoyance turned to elation. "I can't believe this," she told the lottery. "It still hasn't sunk in." A mother of four and ...
Vegas Casinos May Soon Take Real Bets on Oscars, 'DWTS'
By Steve Friess - AOL NewsLAS VEGAS -- Vegas bookie Johnny Avello shows up across the media this time of year providing his odds for the Oscars, stressing that his numbers are "for recreational purposes only." But it's entirely possible that by this time next year he'll be able to take real bets. In fact, he may even be able to take bets on the winner of the upcoming season of "Dancing With the Stars," which starts in March. Weinstein Company / AP "The King's Speech," starring Colin Firth, left, and Geoffrey Rush, is Las Vegas bookie Johnny Avello's runaway favorite for winning the best picture Oscar. The ...
Government Shutdown 2011: What Are the Odds?
By David Knowles - AOL NewsPlace your bets. With the deadline for a shutdown of the federal government looming, several observers are weighing in on the likelihood of what could prove a costly impasse between congressional Republicans and Democrats. Surge Desk has detailed five immediate consequences of a government shutdown, and also asked you for your opinion on whether Washington will come to a grinding halt on March 4. Now we're sampling the pulse of lawmakers, economists and even the oddsmakers as to just how likely the shutdown is. Here's what we've found. No strangers to the battle between the nation's ...
NFL Wants Vegas to Stay in Vegas During Super Bowl
By Steve Friess - AOL NewsLAS VEGAS -- If Cowboys Stadium in Dallas is completely filled with spectators on Sunday, there will be more than 100,000 people on hand for Super Bowl XLV. That could be the largest attendance ever for the NFL championship game, but it will be just a third of those expected in Las Vegas this weekend watching the Packers and Steelers clash. Yet while Las Vegas passionately loves the NFL in general and this event in particular, the football league has little public affection for the gambling mecca whose sports-book directors set widely followed betting lines and, many believe, make the game ...
Deck Stacked for Canadian as Poker Finals Down to 2
By Steve Friess - AOL News
LAS VEGAS (Nov. 7) -- The World Series of Poker's Main Event heads into its most lopsided finale ever Monday. French Canadian Jonathan Duhamel holds more than 86 percent of the chips, making him the prohibitive favorite to become the first Canadian to win the game's richest and most prestigious event. Duhamel, 23, of Boucherville, Quebec, and John Racener, 24, of Tampa survived 14 grueling hours of play through early this morning. The will meet in the finale beginning at 11 p.m. EST Monday. The top prize is $8.9 million, with $5.5 million for the runner-up. (Follow Steve Friess' live-Tweeting ...
And You Thought Gambling Pigeons Were Bad: 4 Other Animal Sins
By J. Richard - AOL News(Oct. 14) -- When Animal Planet announced plans to develop a reality series about racing pigeons (the eponymously titled "Taking on Tyson," which plans to follow boxer Mike Tyson as he trains and races his prized birds), some expressed concern that the show could propagate illegal gambling, among other problems. But it appears that where pigeons are concerned, the betting goes both ways: A new study has found that when slated against a fruit slot machine, the pigeons exhibit humanlike gambling tendencies, or more precisely, a very humanlike gambling addiction. Researchers introduced pigeons ...
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