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The following gambling news is updated multiple times per day. We try to keep you updated on the latest gambling news, including poker news, casino news, brick and mortar news, sports gambling news and industry news. If you have an event or are a company with a press release submit it to us for publication. Contact us at email.

PINNACLE ENTERTAINMENT SUCCESSFULLY BIDS FOR FS AND G - The court-ordered bankruptcy auction of Federated Sports & Gaming, Inc., parent of the Epic Poker League, was won Thursday by Pinnacle Entertainment, Inc. with a winning bid of $4.5 million for the combined assets of Federated Sports and Gaming, Inc.

LADY LUCK CASINO LAUNCHED AS AN iOS APP - Probability plc's popular mobile casino Lady Luck's has launched as a downloadable iOS app in the App Store.

ATM Gives Man 1.5 Million : He Blows it in Casino - Retired Detroit automotive worker Ronald Page clearly has a penchant for gambling, and a faulty ATM machine sent him off on a $1.5 million wagering spree that ended up with him facing a criminal court this week.

New Microgaming Poker Rake - The Microgaming Poker Network has announced that it is poised to release a revolutionary new rake allocation method called True Value.

US ONLINE GAMBLING OPERATORS SENTENCED - Just over a year after federal officials in Maryland shut down the online gambling website following its use of the government's undercover processing company Linwood Payment Systems

UNIBET'S MARIA POKER PLANNING UK LAUNCH - Maria Poker online operations, already popular in Scandinavian countries, will soon be launched in the United Kingdom, parent group Unibet has announced.

MediaCorp : Forensic accounting exercise contemplated - Information on Media Corp surfacing Thursday suggests that the new management which replaced Justin Drummond and Sara Vincent may be concerned at discrepancies in the accounts, and is contemplating a forensic accounting exercise that could have serious ramifications in the coming weeks.

2012 World Series of Poker Event 24 - The World Series of Poker Event 24 - a $5,000 buy-in Limit Omaha Hi/Low Split 8/OB competition this week was one of the most closely watched in this series due to the stellar players it attracted to the 256 entry field

2011 Loto Quebec full year financial results released - Quebec Minister of Finance Raymond Bachand reported that overall Loto Quebec revenues were up only 0.5 percent, and net earnings fell 3.7 percent.

CAESARS CHIEF REMAINS CONFIDENT ON INTERNET GAMBLING - Caesars Entertainment chief exec Gary Loveman was again bullish on the prospects for legalised internet gambling, opining that online poker will soon become legal, with several states moving toward that goal.

Churchill Downs encouraged by popularity of its online wagering activities - Robert Evans, chief exec of the US racing company Churchill Downs Inc, told shareholders Thursday that the company sees great potential in its already popular online wagering operations.

EuroBet Refusing to pay 707000 Euro Win - Londons High Court is the scene this week of a legal battle between an Italian online casino gambler and the operator of the internet gambling website Eurobet, which is refusing to pay out the 707,665 Euros which the player won on one of its virtual gaming machines.

Worlds Biggest Live Poker Tournament Dates - Remember that rather grandiose poker tournament plan for Wembley Stadium in London launched by Groupe Bernard Tapie and partners in a glossy vid last year? It's back, albeit now scheduled for May-June 2013.

EveryMatrix Limited Get in Georgian Market - Independent gaming software supplier EveryMatrix Limited has a foot in the door of the newly regulated Georgian market through a content and website deal with local operator Playadjara

CryptoLogic signs new multi year deal with Ladbrokes - The recently acquired Amaya Gaming subsidiary CryptoLogic Limited has signed a new multi-year supply agreement extending its long-term relationship with UK online and land gambling operator Ladbrokes plc with the provision of a suite of quality branded games.

Poker Game Payouts of over 100% - Poker Game Payouts are the hot topic for Vegas Partner Lounge. There was an unbelievable THREE Casino’s which had large payouts of over 100% in April - River Nile Casino, Maple Casino and 777 Dragon Casino.

INSTAPOKER APP REWARDS PLAYERS FOR THE RIGHT MOVES - Respected poker pros like Jonathan Little, Amir Lehavot, Antonio Esfandiari and Matt Berkey have been inspanned to give expert assessments on moves made by users of the new InstaPoker app for iOS platforms.

2012 WSOP Event 23 - Toronto, Canada online and live tournament poker pro Simon Charette scored his biggest career win yet Wednesday when he took down World Series of Poker event 23 - the $3,000 buy-in NLHE Six-Handed contest

DOT POKER A POPULAR NEW DOMAIN SUFFIX - ICANN's widening of internet domain address suffixes is creating interesting opportunities

CONNECTICUT ONLINE SPORTS BETTING RING BUSTED - Enforcement agencies moved Wednesday against 20 individuals in southwestern Connecticut accused of being involved in an online sports betting ring.

BWIN LOSES ACTION AGAINST BLACKLISTING IN BELGIUM - The major European online gambling operator Bwin suffered a setback in a Belgian law court this week when its litigation attacking the validity of the Belgian government's controversial blacklist-and-ban strategy to protect the local market was thrown out.

PLAYTECH ANNOUNCES STOCK EXCHANGE UPGRADE - Notification of proposed AIM cancellation and admission to the Official List of the London Stock Exchange

UNIBET'S KAMBI SIGNS UP SECOND LICENSEE - Kambi Sports Solutions, Unibet's B2B provider of sports betting services, has signed a contract with Egasa Group, Spain's third largest gambling group, to deliver a complete sports betting service.

Mike Sexton Announces He Will Play 1 Million WSOP Event - Veteran poker broadcaster Party Poker pro and player Mike Sexton has announced that he is to play in the million dollar buy-in Big One for One Drop tournament in aid of the third world water charity One Drop at this year's World Series of Poker.

2012 WSOP Event 22 - Randy Ohel, a Las Vegas-based poker pro of some six year's standing, has claimed his first World Series of Poker winner's bracelet in event 22 - $2,500 buy-in Deuce-to-Seven Triple Draw Lowball, besting an entry field of 227 players to claim the main prize of $145,247.

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