Online Poker Report – One of the points Sheldon Adelson and his cohorts have been trying to drive home any chance they get is how online gambling sites can be used to launder money by everyone from drug cartels to terrorists. But is this really the case? And perhaps an even better question to ask is, does regulation increase or decrease the ability of shady characters to launder money online? It’s not that the reports Sheldon Adelson and the Coalition to Stop Internet Gambling are citing are false. It’s the way in which Adelson and company are presenting these findings…

US Poker – The dust has settled from the 140th Kentucky Derby. California Chrome celebrated in the winner’s circle on Saturday. Bettors that picked California Chrome to win took home $2.50 for every $1 bet.  Many other wagers were placed on the annual betting tradition. Churchill Downs held a large portion of the action. Win, place and show bets saw a 17.5 percent hold. Exotics had 22% taken from the prize pool. This was up from 16 percent and 19 percent in 2013, respectively. Churchill Downs booked $186.6 million in bets on Saturday across the entire race card. Winning bettors…

Daily Mail – Sixty minutes later Daniel Tzvetkoff and a cohort of high rollers and hangers-on were partying in the Palm Hotel’s Playboy Mansion Suite. Tzvetkoff swigged Cristal champagne straight from the bottle and lounged in the infinity pool. Naked girls snorted cocaine off each other’s breasts and invited him to do the same. Tzvetkoff was 25 years old. He could have anyone he wanted at the click of his fingers.  He flew by private jet, drove Lamborghinis, Rolls Royces, Bentleys, Ferraris and more and his property portfolio was worth millions. And on that September night in Vegas, 2008, he…

Oregon Live – When it comes to online gambling vs. legalized marijuana, Americans apparently prefer pot over poker. A new poll from Farleigh Dickinson University finds that 50 percent favor legalizing marijuana use, while 27 percent support legalizing Internet gambling in the 47 states that don’t allow it. “Right now online gambling looks to be a long shot in the court of public opinion,” Krista Jenkins, the poll’s director and a political science professor told the Associated Press. The poll comes as good news to billionaire casino owner Sheldon Adelson, who is on a crusade to get Congress to ban…

Card Player – As a tribe moved to open a poker room in Idaho despite a state ban on poker, the governor and the attorney general filed a lawsuit to try to put a stop to it all. Idaho Governor “Butch” Otter and Attorney General Lawrence Wasden filed a lawsuit in U.S. District Court on Friday, according to JRN.com. “Under the federal Indian Gaming Regulatory Act, Indian tribes are authorized only to offer those types of games that are legal within the state where they are operating,” said Otter spokesman Jon Hanian. “The Idaho Constitution prohibits poker, classified under IGRA…

Poker News – Another online poker bill has been introduced in New York. Five weeks after Republican State Sen. John Bonacic introduced S 6913, a bill that would allow certain interactive poker games, to the New York Senate, State Assemblyman J. Gary Pretlow (D-Mt. Vernon) has introduced A09509 in the state assembly. The purpose of the bill, which is strikingly similar to its Senate counterpart, is “to authorize the New York State Gaming Commission to license certain entities to offer for play to the public certain variants of internet poker which require a significant degree of skill, specifically ‘Omaha Hold’em’…