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Tuesday, July 17, 2018

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John Hennigan and Mori Eskandani Inducted to Poker Hall of Fame

BankrollMob News - Poker / Casino / Betting
John Hennigan and Mori Eskandani Inducted to Poker Hall of Fame
John Hennigan (left) and Mori Eskandani (right) have been inducted into the prestigious Poker Hall of Fame. The owner of the Hall of Fame, The World Series of Poker, announced last Thursday that the two people shall become their 55th and 56th members for their exclusive club. The 10 finalists were announced earlier this month right after an online nomination procedure. The two men were the lucky ones chosen out of ten nominees. The other eight were: Bruno Fitoussi, Chris Bjorin, Chris Moneymak[...]
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2018 WSOP Event #65: $10,000 NLHE Main Event won by John Cynn for $8.8 Million

BankrollMob News - Poker / Casino / Betting
2018 WSOP Event #65: $10,000 NLHE Main Event won by John Cynn for $8.8 Million
The excitement gets higher as each day passes by at the 2018 WSOP Main Event, because as more and more players get eliminated, then the more difficult it is for the remaining ones to stay afloat in the hopes of finally winning that coveted Main Event championship bracelet as well as the humongous first-place prize money worth more than $8.8 million! Let's take a look at what happened during July 14 Saturday in Event #65: $10,000 NLHE Main Event - World Championship of the 2018 WSOP at the Rio A[...]

Monday, July 16, 2018

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BetVictor customer wins £1,000,000 to conclude exciting Million Pound Bet campaign

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BetVictor customer wins £1,000,000 to conclude exciting Million Pound Bet campaign

Customer lands an incredible 17,042/1 #PriceItUp bet and nets £1,000,000

Ionut Rusu

Shanghai Police Nab Illegal World Cup Betting Gang

Casino News Daily
Shanghai Police Nab Illegal World Cup Betting Gang

Shanghai police have foiled an illegal online gambling ring that is believed to have netted more than CNY400 million (approximately $60 million), police officers disclosed this weekend.

As many as fourteen individuals were arrested for their alleged involvement in the gang, police told media. There is an ongoing investigation into the illegal operation.

Police said this weekend that the probe was launched after a man was arrested in Jinshan District earlier this year and was found to have frequently contacted a person, surnamed Li, who was in turn found to have conducted multiple money transfers with a loan company and to have shared online gambling accounts with other citizens.

With the Russia World Cup ahead, police assembled a team to investigate the matter more thoroughly. Officers found that Li was part of a gang that was in turn connected to an illegal online sports betting business. The group operated an unlicensed loan company and wagered money with an illegal offshore betting website.

Police conducted raids in the Jinshan, Yangpu, Minhang, and Putuo Districts on June 14, the day the World Cup tournament kicked off in Russia. The raids resulted in the arrest of fourteen people believed to be behind the illegal operation. Police also seized CNY100,000 worth of bets, more than 20 bank cards, and equipment used by gang members to provide illegal betting services.

The detained individuals told police that they acted as a loan company to lure bettors. They opened accounts with a foreign website and deposited money on behalf of their customers. Gang members would collect part of bettors’ wagers as a profit from the operation.

Massive Crypto Betting Ring

News about the illegal gambling gang nabbed by Shanghai police came shortly after it broke out that Chinese police have busted a $1.5-billion bitcoin betting ring as part of the nationwide crackdown on illegal gambling that took place during the World Cup.

Six individuals were arrested in relation to the case. They were found to have been tied to an illegal web-based betting syndicate that provided betting on football ahead of and during the major football championship.

Police said that the illegal platform accepted cryptocurrencies only, mostly bitcoin, ethereum, and litecoin, to avoid legal and regulatory pitfalls. It is believed that the gambling ring thus accumulated more than $1.5 billion worth of bets on World Cup matches.

According to reports from various news outlets, the illegal betting platform accepted bets for a period of eight months before being foiled by police. It saw 330,000 customers from around the world open accounts with it. More than 8,000 individuals acted as agents and earned commissions for each customer they lured into the operation.

The betting business was China’s largest one to have involved the use of digital currencies only. Chinese police also cracked down on multiple traditional illegal gambling operations around the country throughout the World Cup.

The post Shanghai Police Nab Illegal World Cup Betting Gang appeared first on Casino News Daily.

Ionut Rusu

Rick Salomon Leads after 2018 WSOP Big One for ONE DROP Day 1

Casino News Daily
Rick Salomon Leads after 2018 WSOP Big One for ONE DROP Day 1

This year, for the first time the Main Event was not the tournament to conclude the WSOP. However, this does not mean that the 2018 edition of the popular poker series will not be wrapped in style. The $1,000,000 Big One for ONE DROP is back at Rio All-Suite Hotel & Casino after having its previous edition held in Europe and the tournament’s first day is already in the books.

As one could expect, the major event once again attracted poker’s elite. As many as 24 players paid the hefty $1-million buy-in fee on Sunday to participate in the 2018 Big One for ONE DROP. Registration is set to close at the start of Day 2, which means that some latecomers could join the pack of poker celebrities for two more days of quality high roller action.

The prize pool generated so far amounts to $22.08 million. It is yet to be seen whether more would be added to it and how the money would be distributed.

Day 1 of the tournament featured ten one-hour levels and there were 19 players to bag and tag for the night. By the time all ten levels were completed, it was Rick Salomon who had accumulated the largest overnight stack. The player put 11.445 million in his bag to call it a day.

Salomon has two final table appearances in previous editions of the Big One for ONE DROP. In 2014, the player finished fourth, good for a payout of $2.8 million. During the 2016 edition of the tournament in Monte Carlo, Salomon improved to third-place finish to collect €3 million. With these results in mind, the player will certainly look to improve and eventually scoop a title from major high roller event.

Other Notables Running Good

Trailing not far behind Salomon, ten-time WSOP gold bracelet winner and poker superstar Phil Ivey occupies the second spot in the temporary leaderboard. Ivey, who has been quite active during the 2018 WSOP after disappearing from the tournament scene for a couple of years, bagged and tagged 10.365 million last night. All-time money list leader Daniel Negreanu scooped the third largest stack after Day 1, good for 8.1 million.

Dan Smith (7.735 million), Erik Seidel (6.835 million), Dominik Nitsche (6.55 million), Jason Koon (6.54 million), and Christoph Vogelsang (5.68 million) were, too, among the elite poker players to make it to the end of Day 1.

Unfortunately, a group of notables busted during the first day of the tournament. It included David Peters, 2012 Big One for ONE DROP champ Antonio Esfandiari, Isaac Haxton, Bryn Kenney, and Jake Schindler, eliminated in that order.

Day 2 of the prestigious tournament is set to kick off today at noon local time at the host casino. The 19 players are expected to be joined by more notables who will take advantage of the late registration opportunity. Contenders are set to play down to the final six.

The post Rick Salomon Leads after 2018 WSOP Big One for ONE DROP Day 1 appeared first on Casino News Daily.

Sunday, July 15, 2018

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John Cynn Claims 2018 WSOP Main Event Title after Grueling Heads-Up Against Tony Miles

Casino News Daily
John Cynn Claims 2018 WSOP Main Event Title after Grueling Heads-Up Against Tony Miles

Today is an important day as football is hours away from having its new World Cup champion, Novak Djokovic just sealed his fourth Wimbledon title, and the World Series of Poker crowned its own brand new champion mere hours ago. John Cynn was the final man standing from a field of 7,874 entries to become this year’s World Championship victor.

The player survived a grueling 10-hour heads-up match against Tony Miles to eventually claim the prestigious title and the $8.8 million first-place prize and the champion’s gold bracelet that go along with it. While Cynn was unable to say how his life will change now as he is nearly nine million dollars richer, the 2018 Main Event champion said that he was happy he would be able to help his family and parents and that the money would certainly make things easier for him.

Winning the major tournament was not an easy task. Cynn had to survive ten days of action, which culminated into an epic battle that lasted more than ten hours. The duel between Cynn and Miles actually became the longest ever played within the Main Event, beating Qui Nguyen and Gordon Vayo’s match in 2016.

It was ten hours and 199 hands of chips and the chip lead swinging back and forth between Cynn and Miles. The two players showed great poker skill and composure, but in the end it was Cynn who outlasted the whole field. Here it is important to note that this year’s WSOP Main Event was the second-largest ever in the history of the popular poker series.

How Heads-Up Unfolded

The final day of the Main Event kicked off Saturday afternoon at the Amazon poker room of Rio All-Suite Hotel & Casino. There were three players left in contention at the time when cards were thrown in the air, those three being Cynn, Miles, and Michael Dyer.

Miles led the pack of three with 238.9 million in chips. Cynn was second in chips at the time with 128.7 million, while Dyer was trailing far behind his opponents with 26.2 million. The player eventually hit the rail in third place for $3.75 million in prize money.

Given the nature of the event, it was well expected that heads-up would be a long ordeal. However, hardly anyone was probably prepared for what would next happen at the poker table where the two 2018 Main Event finalists sat.

Miles and Cynn were nearly even in chips at the beginning of their epic match, with Miles holding a very slight chip lead. The next ten hours would see that lead changing hands on numerous occasions as none of the two players was ready to let go of the opportunity to capture the most prestigious poker title without a good fight.

Following 199 hands of heads-up play and 442 hands of final table play, the name of the winner became known at around 5 am local time. The final table dealt in this year’s Main Event saw Cynn betting 9 million from the button and Miles raising to 34 million from the big blind, which Cynn called.

The [Kh][Kd][5h] landed on the flop to see Miles bet 32 million and Cynn call. The turn card was the [8d]. Miles moved all in for 114 million while Cynn gave it some thought before calling and tabling [Kc][Jc]. Miles was drawing dead with his [Qc][8h]. The [4s] appeared on the river to seal it for Cynn. Miles hit the rail for a hefty consolation prize of $5 million.

While the 2018 Main Event runner-up said he was disappointed that he did not claim the title, he praised Cynn saying that he would be a great champion. Cynn himself spoke equally high of his final opponent.

The post John Cynn Claims 2018 WSOP Main Event Title after Grueling Heads-Up Against Tony Miles appeared first on Casino News Daily.

Ionut Rusu

Poland’s Regulated Gambling Market Remains Unpopular as Blacklist of Erring Operators Keeps Growing

Casino News Daily
Poland’s Regulated Gambling Market Remains Unpopular as Blacklist of Erring Operators Keeps Growing

More than a year after the re-regulation of Poland’s gambling market the country’s Finance Ministry, the governmental entity charged with overseeing all things gambling, has remained consistent in its efforts to detect violators of rules and to penalize those.

The Finance Ministry has been purging the local market by blacklisting unlicensed operators that target local gamblers. Under the country’s gambling law, the blacklisted companies must have their domains blocked by local Internet service providers. And at press time, Poland’s blacklist of erring operators includes 2,379 domains.

Two domains operated by bet-at-home were the last ones to be added to the ever-growing list. The operator actually faced trouble in the Netherlands earlier this week, as well, where the local gambling regulator, Kansspelautoriteit, fined it more than €400,000 for trying to lure local players.

Poland’s blacklist and its overall regulatory regime have been causing quite a stir in the iGaming community and have been branded as unfair and overrestrictive.

And while major industry players have resorted to legal action to convince the Polish government that they believe what has been going on in the country violates principles of the European Union, a local court has given the green light to lawmakers to continue adding companies to the now behemoth blacklist.

News emerged earlier this week that the Warsaw Provincial Administrative Court has upheld the Finance Ministry’s right to continue expanding its list of unlicensed gambling domains. The ruling has been issued as a response to complaints filed by five Sweden- and Malta-based gambling operators that had argued that the country had marred their established reputations within the iGaming community by adding their domains to the blacklist.

The Administrative Court has stated that it has found now issue with Poland’s new gambling law as it had been sent for review by the European Commission and the latter had not provided any negative comments regarding the way the country had decided to punish violators.

Unlike the Warsaw court, the Polish ombudsman has criticized the blacklisting practice as one that violated the right of “freedom of speech and access to information”.

Unpopular Market

Under Poland’s Gambling Act from last year, international sports betting operators can apply for a license from the Ministry of Finance in order to be able to operate in the country. However, just nine licenses have been issued since last April, when the new law took effect.

Cherry AB, the major Swedish gambling operator, entered the local market most recently. The company received its license earlier this month. On the other hand, big industry names such as bet365 and William Hill exited the market last year ahead of its re-regulation and have abstained from obtaining a license ever since.

Poland’s online gambling market has become quite unpopular with many operators due to the ridiculously high tax rate the country’s government introduced as part of last year’s re-regulation. Licensed companies are required to pay 12% on their turnover from local customers to the Finance Ministry. Given the fact that most of Europe’s regulated markets use revenue as a tax basis, it is quite understandable why there seems to be a general lack of interest in the Polish market.

While international companies are allowed to operate sports betting in Poland, as long as they have the necessary license, casino games are reserved to the state-run monopoly Totalizator Sportowy.

The launch of its online casino is expected to take place this fall after certain delays related to the selection of the provider that would supply games occurred. The Polish government was supposed to launch a bidding process for suppliers last August, but it was November when that process eventually took place. It later on became known that Playtech would be providing the state-run casino with the necessary gaming software.

The post Poland’s Regulated Gambling Market Remains Unpopular as Blacklist of Erring Operators Keeps Growing appeared first on Casino News Daily.

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