http://vinnarayanan.casinocitytimes.com Casino City Times is The Source for the latest gaming news, gaming strategy and gambling tips from the industry's leading experts. en-us Thu, 09 Feb 2012 00:00:00 EST http://vinnarayanan.casinocitytimes.com/articles/60471.html Two days before Christmas, the Department of Justice handed the gambling industry a gift when it reversed its stance on the Wire Act and decided intrastate non-sports related gambling was legal. As the industry cheered the DOJ opinion and eagerly anticipated licensed and regulated online gaming coming to the U.S., the only thought running... Mon, 09 Jan 2012 00:00:00 EST http://vinnarayanan.casinocitytimes.com/articles/60471.html http://vinnarayanan.casinocitytimes.com/articles/60428.html The Department of Justice gave American online gamblers a Christmas present Friday when it said individual states had the authority to license and regulate non-sports related intrastate online gambling. The legal opinion issued by the DOJ came in response to inquiries from New York and Illinois about online lottery sales and a letter written by... Fri, 23 Dec 2011 00:00:00 EST http://vinnarayanan.casinocitytimes.com/articles/60428.html http://vinnarayanan.casinocitytimes.com/articles/60416.html Absolute Poker co-founder Brent Beckley entered a guilty plea today in response to charges of bank fraud, money laundering, illegal gambling offenses and violating the Unlawful Internet Gambling Enforcement Act (UIGEA) filed by the Department of Justice on April 15. Under the terms of the deal, Beckley pled guilty to one count of bank fraud and... Tue, 20 Dec 2011 00:00:00 EST http://vinnarayanan.casinocitytimes.com/articles/60416.html http://vinnarayanan.casinocitytimes.com/articles/60412.html For years, my favorite sportsbook in Las Vegas has been at the Wynn Las Vegas. Johnny Avello, the executive director of race and sports operations, is the best sports book operator around. He sets some of the best odds in the business -- and yes, he's the one setting the odds. The leather seats inside the Wynn are comfortable and luxurious. And... Mon, 19 Dec 2011 00:00:00 EST http://vinnarayanan.casinocitytimes.com/articles/60412.html http://vinnarayanan.casinocitytimes.com/articles/60398.html The biggest topic in the gambling industry right now is when is the U.S. going to license and regulate online poker (and in some instances, online gambling). It is the number one topic of conversation among industry professionals, at industry conferences and at bars during industry conferences. With that in mind, I've outlined the top stories... Mon, 12 Dec 2011 00:00:00 EST http://vinnarayanan.casinocitytimes.com/articles/60398.html http://vinnarayanan.casinocitytimes.com/articles/60301.html LAS VEGAS -- Germany's Pius Heinz beat the Czech Republic's Martin Staszko in a six-hour heads up duel to win the World Series of Poker Main Event and win $8,715,638. Staszko won $5,433,086 for finishing in second. Ben Lamb, from the United States, took third and won $4,021,138. Heinz outlasted a field of 6,865 to lay claim to poker's top prize... Wed, 09 Nov 2011 00:00:00 EST http://vinnarayanan.casinocitytimes.com/articles/60301.html http://vinnarayanan.casinocitytimes.com/articles/60295.html LAS VEGAS -- Pius Heinz, Ben Lamb and Martin Staszko survived 10 hours of grueling play Sunday and will play for the World Series of Poker Main Event championship Tuesday. The tournament's champion will win $8,715,638. Matt Giannetti finished in fourth to win $3,012,700. While Heinz, Lamb and Staszko advanced to Tuesday's finale, the raucous... Mon, 07 Nov 2011 00:00:00 EST http://vinnarayanan.casinocitytimes.com/articles/60295.html http://vinnarayanan.casinocitytimes.com/articles/60281.html MGM Resorts International and Boyd Gaming are forming a new company with European online gambling giant bwin.party to offer online poker in the United States when it is regulated by the government. Boyd announced today that it would own 10 percent of the joint venture. MGM Resorts will own 25 percent of the joint venture and bwin.party will... Mon, 31 Oct 2011 00:00:00 EST http://vinnarayanan.casinocitytimes.com/articles/60281.html http://vinnarayanan.casinocitytimes.com/articles/60192.html The Alderney Gambling Control Commission (AGCC) revoked Full Tilt Poker's license today. "At a hearing held in London over six days, it emerged that FTP had fundamentally misled AGCC about their operational integrity by continuously reporting as liquid funds balances that had been covertly seized or restrained by U.S. authorities, or that were... Thu, 29 Sep 2011 00:00:00 EST http://vinnarayanan.casinocitytimes.com/articles/60192.html http://vinnarayanan.casinocitytimes.com/articles/60162.html MILAN, Italy -- Full Tilt Poker may have commingled player funds and operations money in bank accounts, but that didn't violate its license with the Alderney Gambling Control Commission (AGCC). Alderney licensees are required to disclose to players whether they mix player deposits and operations money in bank accounts or keep them in separate... Wed, 21 Sep 2011 00:00:00 EST http://vinnarayanan.casinocitytimes.com/articles/60162.html