Bodog Beat

Papa Joe can breathe a sigh of relief because he's married off another one of his money machines. (Courtesy of antilinux81 at Flickr.com)

Sucky lip syncer Ashlee Simpson is getting hitched! Jessica Simpson's younger sister has announced her engagement to wannabe rocker Pete Wentz, reports People magazine.

"We know there has been a lot of speculation recently about Pete and I, and we wanted our fans to be the first to know," Simpson said in a statement posted on friendsorenemies.com. "Becuase you guys are the best. Yes, we are thrilled to share that we are happily engaged. Thank you for all of your support and well wishes – it means the world to us.

"We consider this to be a very private matter," the singer continued. "And we wanted to be the first to tell you and to hear it straight from us."

Simpson, 23, has apparently been linked to the Fall Out Boy bassist since 2006. "I think the first day that we met that we were attracted to each other," Simpson told People. "He's a cutie, and he has an awesome personality and kind of brings out the best of me and I knew that even before we were dating. There was just like an awesome connection we had."

Simpson's father, who saw his eldest daughter, Jessica, married off and then divorced to ex-boy bander Nick Lachey, told People that he is very happy about the news. "Totally happy," he said. "So excited to have Pete as part of [our] family… We are blessed."

Ashlee Simpson can't sing worth shit, but a couple of the kids left on American Idol Season 7 can! Bet on who the winner of American Idol will be in the Bodog Sportsbook now!