CNBC Talks Internet Gambling Legalization
In case you missed it, CNBC’s financial news program “Closing Bell” aired a four-minute segment dubbed, “Odds Favor Online Gambling?” last week as part of its coverage of the Global Gaming Expo. Two industry experts, David Katz of Oppenheimer and Andrew Parmentire of Height Analytics, joined “Closing Bell&rdRead More...

More Mobsters arrested in New York Sports Betting Probe
Nearly two dozen alleged mobsters were taken into custody Wednesday morning as part of a massive investigate involving a multimillion-dollar illicit sports betting ring in the New York Area. Authorities believe those arrested are members of the Gambino and Lucchese organized crime families.Police arrested 22 captains and a Sanitation DepartmentRead More...

Political Odds: Sarah Palin Elected President in 2012
Sarah Palin is back into the media spotlight this week promoting her newly released book, “Going Rogue: an American Life”. With all this talk about Palin, let’s take a look at the odds of the former Republican Vice Presidential nominee capturing the US presidency in 2012, courtesy of sportingbet.com.Sportingbet.com, a groundbrRead More...

Sting bashes X Factor and Simon Cowell
Recently on the hit British reality show, The X Factor’s judge Simon Cowell came in for some heavy criticism for what viewers saw as a suspicious ploy to fix the results. Now singer-songwriter and former Police frontman Sting has joined the X Factor debate calling the show “preposterous” and “appalling”.In an interRead More...

Republicans Push to Block UIGEA Delay
Two key Republican lawmakers have formally asked US Treasury to ignore a request by Rep. Barney Frank (D-MA) and 18 fellow Congressmen to delay implementation of the UIGEA, a three-year-old US ban against online gambling scheduled to go into effect December 1.Senate Minority Whip Jon Kyl and ranking member of the Financial Services Committee, RRead More...