Online Casino and Gambling News: August 2011

Curacao Gets US Assistance In Illegal Gambling Case

U.S. authorities have frozen $28 million in illegally obtained profits from a gambling ring after being asked for assistance by Curacao authorities, according to a report in the Wall Street Journal.

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Bellagio Robber Sentenced To Prison

This week a robbery suspect was sentenced to 11 years in prison after he stormed the Bellagio Casino and stole $1.5 million in chips last December.

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Party Poker Changing Its Rake

Online poker giant Party Poker has announced that it is changing the way it calculates its rake starting August 24th. The change will see the online poker room changing from its current "dealt" model to a new "weighted" calculation method, which has generated some controversy in the past.

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Film Actor Tries To Dismiss Suit Over Illegal Poker

Film actor Nick Cassavetes has reportedly filed a motion to dismiss a lawsuit that alleges he ran multi-million dollar poker games illegally.

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Full Tilt Poker Looking For New Investors

After maintaining silence for a period of time, Poker Kings Ltd has put out a press release that is shares some info on its brand, Full Tilt Poker.

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California Won't Legalize Online Gambling This Year

Online gambling in California appears to have hit a snag, with State Senate Pro Tem Darrell Steinberg writing a letter to stakeholders to discuss the issue.

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Australia To Investigate Mobile Gambling

Australia's Department of Broadband, Communications and the Digital Economy is set to investigate what role smart phones play in online gambling.

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Betsoft Reveals New Games

Online gambling developer Betsoft Gaming has just announced a plethora of new games, many of which include multiple reel features.

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Calls for investigation on Washington DC lottery

Online gambling software company Intralot is facing some heat after an op-ed article this weekend questioned its ties to the Washington DC Lottery Commission.

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Gambler Who Scammed Clients Gets Six Years

This week Daniel J. Trolaro, a former insurance agent was sentenced to six years in prison after he stole money from his clients to feed his online gambling addiction.

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