Business & Financial
DraftKings.com Enters Into Partnership With Dreadful Winless 76ers
The Philadelphia 76ers have entered into a partnership arrangement with Daily Fantasy Sports behemoth Draftkings.com. The Boston-based fantasy company already has a partnership arrangement with the New England Patriots but the 76ers represent their first NBA deal. Claim Your FREE $250 Here (use bonus code
Betfair Dumps Online Poker in New Jersey: Will Continue to Offer Casino Games
A second online gambling firm in New Jersey has shut down its poker room in so many weeks. Betfair follows UltimatePoker, which pulled out of the state entirely in October. Betfair has vowed to continue offering Internet casino games such as blackjack and slots.
A Betfair representative confirmed the closure of its online poker room to the website USPoker.com Tuesday morning.
From USPoker.com:
Những người ghi cá độ trong vùng San Diego cho người Việt Nam
Có rất nhiều người ghi cá độ nói tiếng Việt trong vùng San Diego cũng như có nhiều trung tâm chăm sóc khách hàng đã chuẩn bị để xử lý kinh doanh cho họ. PayPerHeadAgents.com là một doanh nghiệp Trả Theo Đầu Người như thế.
3-Time Cy Young Winner Clayton Kershaw Signs on With FantasyDraft
3-time Cy Young winner LA Dodgers pitcher Clayton Kershaw has signed on to represent FantasyDraft.com, a new Daily Fantasy Sports website.
Yahoo Shuts Down Its Online Poker Room After Only One Month
Yahoo has taken the drastic step of shutting down its online poker room after launching just one month ago. The company cited security concerns in its decision. Yahoo Poker will be closed effective December 31.
Gambling Revenue Falls in November
(Reuters) - Gambling revenue in the world's biggest gambling hub Macau fell 19.6 percent in November on an annual basis, the sixth consecutive drop, as China's pervasive war on corruption and slowing economic growth damp the appetite to wager.
Gambling revenue from Macau's 35 casinos fell to 24.3 billion patacas ($3.04 billion) in November, the fifth consecutive monthly decline, from 33.5 billion patacas a year earlier, according to data released by the Macau government on Monday.
Analysts were expecting a decline of 18 percent to 21 percent.
Do Sports Bettors Convert Into Daily Fantasy Sports Players and Vice Versa?
For those of you wondering whether a sports bettor can be converted into a fantasy player, the answer to this question is a resounding YES.
The same has not always held true for season long fantasy leagues, however, as online sportsbooks trying to capture that market have learned in past years.
Hustler Wants to be First Strip Club With Sportsbook: Free Lap Dances for Winners
The Hustler strip club, founded by infamous publisher and porn peddler Larry Flynt, has filed an application with the Nevada Gaming Commission to become the first strip club offering a sportsbook. Claim Your FREE $250 Here (use bonus code G911).
Isle of Man Issues Statement on UK’s Point of Consumption Tax
In response to the introduction of Point of Consumption tax on Monday 1st December 2014, please find the below statement from Peter Greenhill, head of e-gaming for the Isle of Man Department of Economic Development:
From Poker Player to Bitcoin Miner: Chris McAlary Talks Coin Cloud ATM
Chris McAlary tells CalvinAyre.com he decided to start the Bitcoin mining website Coin Cloud ATM following the events of April 15, 2011 in which three of the world’s largest online poker sites were forced to make abrupt exits from the US market, a result of indictments leveled against several key executives from each company.
Michael Mizrachi Launching Bitcoin Online Poker Site
One of the biggest names in poker, Michael Mizrachi, has announced plans to open his own bitcoin online poker room.
In an exclusive interview with the online gambling industry trade website CalvinAyre.com, Mizrachi revealed his decision to get in on the operating side of things in light of all the difficulties in securing sponsorship deals.
Class Action Lawsuit Filed Against FanDuel.com
A class action lawsuit was filed in the U.S. District Court for the Southern District of Florida this week against one of the largest fantasy sports sites FanDuel.com.
Americas Cardroom to Implement Bitcoin Withdrawals Next Week
Americas Cardroom CEO Phil Nagy confirmed Wednesday evening that the popular online poker room plans to roll out its Bitcoin withdrawal platform some time during the first week of December (an exact date was not immediately known).
“We were working on this today and should have the withdrawal functionality ready by next week,” Nagy said during a four hour live streaming Q&A format broadcast on Gambling911.com Wednesday evening.
Victoria Coren Leaves PokerStars: Cites Move Away From Poker
Female poker pro Victoria Coren-Mitchell has announced she is leaving Team PokerStars. Her reason: They are adding an online casino and that goes against her beliefs.
“PokerStars.com announced that it will be rolling out online casino gaming alongside its internet poker,” Coren-Mitchell wrote on her blog. “As a result, on Saturday morning, I terminated my endorsement contract with them.
Bozo The Clown Sidekick May be the Man to Save the Taj Mahal
Magician Herbert L. Becker, a one time sidekick to the famed clown Bozo, may be the one to save Taj Mahal.
Irish Businesses Flourish in Tough Eurozone Economy: Paddy Power Leads the Way
Irish bookmaker Paddy Power has seen strong returns over the past month whereas much of the Eurozone is encountering a weakening.
Ireland businesses in general have been flourishing amidst the tough economic times throughout Europe. Both the nation’s major airlines, Ryanair, the biggest in Europe, and Air Lingus, continue to thrive.
Foxwoods Cuts Back on Gambling
HARTFORD, Conn. - (Associated Press) - Foxwoods, the largest casino resort in North America, is reducing its number of slot machines and table games to free up space for nightclubs and other new attractions as it adapts to fierce competition, the new CEO said in an interview with The Associated Press.
Last Minute Reprieve for Taj Mahal as Icahn Ready to Make Union Concessions
Carl Icahn, the Taj Mahal’s largest debtholder, has decided to make some concessions to unions after all.
Caesars Receives Notice of Default From UMB Bank
Caesars Entertainment Corp. said on Monday that its main operating unit received a notice of default from UMB Bank last week at a time when the gambling firm is seeking creditor approval for a potential real estate investment trust plan. Caesars called the UMB claims “meritless”.
DraftKings Outage Could Not Have Come at Worst Possible Time: Refunds Promised
One of the world’s largest daily fantasy sports sites, Draftkings.com, experienced a disastrous power outage on Sunday during Week 12 of the NFL. The company is expected to lose hundreds of thousands of dollars as a result. Worse still, Draftkings.com advertised throughout Sunday’s NFL games.
The issues were deemed as “Connectivity Issues” apparently starting just minutes before the early afternoon games.
Fanduel Joins Forces With Lakers, Draftkings the Broncos and PlayMLF Golden State
It’s been an active week for the fantasy sites teaming up with professional sports teams. We’ve seen FanDuel.com cut a deal with the LA Lakers, Draftkings join forces with the Broncos and PlayMLF.com partnering up with the Golden State Warriors.
Dallas Bookies: Fort Worth Loving Their TCU Horned Frogs
Dallas bookies and those residing in the Fort Worth area must be smiling these days. Their Cowboys, Mavs and Horned Frogs are winning as we head into the winter period of 2014-2015. This is great for local bookies and Pay Per Head businesses alike.
DailyMVP.com Hits the Daily Fantasy Sports Market Minus the Salary Cap
The latest installment in the fast growing daily fantasy sector is DailyMVP.com, a site that looks to distinguish itself from the rest of the pack by offering fantasy sports without the salary cap platform found at other sites.
New York Post: Meet the Man Who Makes Six Figures Off Fantasy Sports
“It was the craziest thing,” 24-year-old Brooklynite Mark Guindi tells the New York Post. “I wake up one day, put up a $25 entry fee, and I make 12,000 bucks.”
Wynn Resorts Probe for Possible Money Laundering Tied to Sports Betting
CNBC is reporting that Wynn Resorts is under investigation for possible money laundering, specifically sports betting by high rollers and whether VIPs laundered drug money through the company’s casino.
PokerStars Launches Online Sports Betting Site
ONCHAN, Isle of Man - PokerStars, the world’s largest poker brand, announced today that it will launch sports betting and casino table games globally on PokerStars. Claim Your FREE $250 Here (use bonus code G911).
Sheldon Adelson Losing His Iron Grip: Sands One Step Closer to Unionizing
Casino magnate Sheldon Adelson is having a bad week.
First his heavily pushed online gambling prohibition bill, Restore America’s Wire Act (RAWA), was ruled dead on arrival in Congress.
Now we learn that Adleson’s Sands Casino in Bethlehem is one step closer to unionizing.
For years, Adelson has worked hard to keep the unions out of his casino establishments and, for the first time in 25 years, it appears as if he is about to lose that battle to a bunch of security guards making a mere $12 an hour.
Golden Nugget Atlantic City Joins Forces With Betfair for NJ Online Gambling
JERSEY CITY, N.J - Betfair, one of the world's leading online gaming operators, has moved its online gaming operation to the Golden Nugget Atlantic City.
Under New Jersey law, online gaming operators such as Betfair must operate under the Internet gaming permit of a land-based casino in Atlantic City. As a result of this agreement, Golden Nugget Atlantic City will now offer two online casinos to those eligible to play in New Jersey, GoldenNuggetCasino.com and BetfairCasino.com, both of which will operate independently under Golden Nugget's Internet gaming permit.
Revel Casino Purchase Terminated
The company that won a bankruptcy auction to buy the now closed Revel Resort in Atlantic City has terminated the deal, according to NBC10 in Philadelphia.
Toronto-based Brookfield US Holdings, LLC spokesperson Andrew Willis said on Wednesday that the $110 million purchase is no longer moving forward.
Sources close to the situation tell NBC10's Ted Greenberg that the deal fell apart after ACR bondholders and South Jersey Industries refused to alter Revel's utility bill payment structure.
From NBC10:
California Tribe Begins Offering Online Gambling in New Jersey
ATLANTIC CITY — (Associated Press) - California's Pala Indians became the first tribe to offer Internet gambling in New Jersey on Wednesday.
The Pala Band of Mission Indians began a test of their PalaCasino.com site. The tribe's online gambling arm, Pala Interactive, is partnered with Atlantic City's Borgata.
The company expects a full launch of the site on Monday, once it gets approval from the state Division of Gaming Enforcement. It will include more than 90 games and a daily free spin on a slot game.
