A gambling syndicate masterminded by a Singaporean and having dealt with bets amounting to RM9 mil over the past six months was busted in Taman Desa Cemerlang last Saturday.

Seri Alam police detained two local women aged 22 and 26, when they raided its operating den at a shophouse about 6pm.

Several fax machines, betting slips, computers and mobile phones were also seized.

Seri Alam police chief Supt Roslan Zainuddin said today that investigations revealed the syndicate dealt with bets four days a week.

He said the police were in the midst of tracking down the mastermind, believed to be in his 30s.

Neteller is well known all over the world for its high stakes battle with the Department of Justice of the USA soon after the Unlawful Internet Gambling Enforcement Act had came into force. In spite of the fact that Neteller has been one of the most trustworthy, reliable and widely used third party e-Wallet serving to transfer funds to and from internet casinos the outrageous and unfair persecution started by the DOJ is the event that caught most of the world’s attention and made the headlines.

This is the reason why Neteller has made a decision to change its name to Neovia Financial that nobody could associate it with the above mentioned events. Though Neteller has not officially stated that the reason to change the name was its case with the US DOJ, the rumor that is circulating inside the gambling and financial industries says that this is the reason indeed.

I have never seen a successful rebrand out of a failure but lets see how this goes. I wonder what will happen if they lose their case with the department of justice. They may be forced to close their doors regardless so a branding change won´t effect them at all.

Tribal casinos in Michigan would suffer no such ban, and would draw large numbers of patrons put off by smoking laws affecting Detroit casinos.

Online Casino Advisory has taken the position that smokers deserve the same libertarian rights that gamblers do. Now, news from across the country shows that in a more practical and less philosophical sense, smoking bans have become problematic.

First, the Las Vegas Review-Journal pointed out in a recent editorial the revenue lost to casinos as smoking bans have been imposed. In Illinois, for instance, income is off by better than ten percent since casinos were forced into a no-smoking policy.

A man who gambled away his parents’ £20,000 savings, then robbed a bookies to try to get it back, was jailed for three years yesterday.

Nayden Zhelyazkov hid in the toilet of a Ladbrokes until closing time. He burst in wearing a mask made from a bin liner with eye slits cut out and brandishing a toy gun.

First offender Zhelyazkov, a Bulgarian, threatened staff and escaped with £6000, including specially marked notes.

Poker players and those involved in the online poker industry were absolutely flabbergasted this morning when browsing the online poker news headlines, their email boxes, and poker forums, they found that a court judge in Kentucky, USA, has ordered the seizure of 141 online poker and gambling domains, to be transferred to ownership of the plaintiff – the Commonwealth of Kentucky. Among the 141 online gambling domains to be seized are some of the biggest players in the industry – PokerStars.com, FullTiltPoker.com, DoylesRoom.com, AbsolutePoker.com, Bodoglife.com, CakePoker.com and even the leading online gambling software developer, Microgaming.com.

I cannot fathom how the Governor of Kentucky, Steve Beshear – who instigated the whole thing – got the idea that he can take control of domain names belonging to small companies outside of the US, but according to the Franklin Circuit Court of the Commonwealth of Kentucky, he can.

Nikolay Davydenko, ranked No. 6 in the world, was cleared in an investigation into betting patterns on a match in which he lost to a lower-ranked opponent.

The ATP started its investigation after Davydenko lost to Martin Vassallo Arguello, who was ranked 87th at the time, on Aug. 2, 2007. Vassallo Arguello was ahead 2-6, 6-3, 2-1 when Davydenko retired from the match, saying he had an injured foot.

An online gambling site said some $7 million was bet on the match, with most of the bets on Vassallo Arguello even after Davydenko won the first set. The gambling site said the amount was about 10 times the usual wagered on such a match.

ATP officials on Friday said they found no evidence of wrongdoing by Davydenko or anyone else involved in the match. They said the investigation was closed.

The ATP has threatened a lifetime ban on players found to have fixed a match on the tour.

Seriously arent there checks and balances for this type of things in Greece.

Greek police arrested a bank manager from the small Aegean island of Leros on Friday after he gambled away in casinos more than 1 million euros (790,000 pounds) embezzled from his clients’ savings and bank bonds.

Police said the 58-year-old man ran the local branch of the National Bank of Greece, the country’s largest lender, on the remote island of fewer than 10,000 inhabitants. He had travelled to casinos across Greece for four months to bet the stolen money.

“He was always losing,” said a police official, who asked not to be identified. “Every time he played a small amount of money to break even, he lost it, so the next time he had to take a little bit more.”

When savers asked to withdraw their money, the bank manager told them it was locked in long-term deposits and could not be withdrawn immediately, police said.

His activities were uncovered when clients presented a court case, prompting investigators to review the bank’s accounts.

Leros forms part of the Dodecanese archipelago and lies off the coast of Turkey, some 320 km (200 miles) from Athens.

Greeks are a nation of enthusiastic gamblers and the national gaming monopoly OPAP is Europe’s biggest betting firm.

Seriously I dont want to hear this church wine about funding for a long long time. What is wrong with buying a lottery ticket it is not a sign of addiction. This is truly ridiculous.

The younger Biden’s law firm, Oldaker, Biden and Belair, has filled out papers registering as hired lobbyists for PartyGaming owner Russ DeLeon. PartyGaming is based out of Gibralter.

It would sure be amazing if we got this legislation through i mean online gambling does nothing but make for a better internet economy.

NCAA investigators have cleared Nevada of the most serious allegations that sparked a probe of the school, including issues related to gambling, according to athletic director Cary Groth.

Groth said Tuesday the issue won’t be resolved until the NCAA’s committee on infractions acts on the investigative report. But she said investigators determined there had been no lack of institutional control and no gambling issues at the school.

Those claims were made by former women’s soccer coach Terri Patraw, who claimed she was fired in retaliation for reporting such violations. She said sports bets had been placed by Nevada men’s golf coach Rich Merritt, who since has resigned.