Gambling
Hearing on RAWA Internet Gambling Prohibition Bill Postponed
A House Sub Committee hearing on Internet gambling prohibition scheduled for this Thursday has been postponed due to anticipated inclement weather.
Three Florida Men Convicted in Connection With Legends Sports Case
Three individuals from Florida have been convicted in Oklahoma City for their role in running what federal prosecutors called a billion dollar illegal sports betting enterprise run out of Panama City, Panama.
Casino Revenue in Macau Plunges Nearly in Half During February
HONG KONG (Associated Press) — Casino revenue in the world gambling capital of Macau plunged by nearly half last month as fewer mainland Chinese high-rollers visited during the busy Lunar New Year holiday.
Data posted on the gambling regulator's website Tuesday show that February's gross gambling revenue fell by 48.6 percent from a year earlier, the biggest monthly decline on record.
It's the ninth straight month that gambling revenue has declined in Macau.
BetConstruct Grabs Gold and Lanyard Sponsorships at Upcoming DFSE in Miami Beach
Existing operators and those looking to enter the lucrative new industry of daily fantasy sports will be happy to know that software providers and white labels plan to show up in force this August in Miami Beach for the first ever Daily Fantasy Sports Expo (DFSE).
The most visible of these providers is going to be BetConstruct. They have secured both the gold and lanyard sponsorships at DFSE.
Las Vegas Westgate Casino Finds Innovative Way to Offer Online Sports Betting in US
The Westgate Casino and Sportsbook in Las Vegas on Monday announced it had entered into a deal that would allow sports betting throughout the U.S.
What’s Everybody Betting On – March 2: Juventus Turin, Warriors, Baylor, Virginia
The Golden State Warriors as a -6.5 visiting favorite in Brooklyn were seeing the heaviest betting action of the day.
The line on this game had come down to -6 but that number was still attracting 75% of the bets Golden State’s way.
Nevada Supreme Court Rejects High Roller’s Appeal Regarding Casino Debts Owed
CARSON CITY, Nevada — (Associated Press) - The Nevada Supreme Court has denied an appeal by a high roller accused of failing to pay $384,000 in gambling debts to four Las Vegas casinos.
Skrill to Exhibit at Daily Fantasy Sports Expo in Miami Beach
Another huge addition to this August’s Daily Fantasy Sports Expo in Miami Beach as one of the world’s largest payment solutions, Skrill , will be a main exhibitor. Skrill, formerly known as Moneybookers, is only second to PayPal in terms of customers in the digital payments solutions sector.
What’s Everybody Betting On – March 1: MSU vs. Wisconsin, SMU, Clippers
There is plenty to bet on this first day of March with College Basketball and NBA dominating the slate.
Former Top Sheriff’s Deputy Charged for Selling Inside Info on Gambling Probe
GREENVILLE, South Carolina — (Associated Press) - A former top sheriff's deputy in Greenville County faces criminal charges after prosecutors say he sold inside information on investigations in return for payoffs from an illegal gambling operator.
What’s Everybody Betting On – February 28
It’s all about College Basketball, at least for the first half of the day Saturday.
Perhaps the most wagered on side of the day would have to be Arkansas at +15.5 and seeing 85% of the action.
New CNBC Primetime Program ‘American Vice’ Looks at Bookies, Poker World
A new CNBC Primetime show is set to premiere Wednesday March 4 at 10 pm ET.
Get an inside look at the world of illegal gambling. Follow those who walk the line between big risk and big reward every day.
And some of the names cry out “Not Reality Television”.
There’s Cousin Nicky, Joey Terror and Frankie Flatscreen.
What’s Everybody Betting On – February 27: Latest NBA, College Basketball Lines
Today’s betting action mostly centered on the NBA even though there are some College Basketball games on tap.
The Golden State Warriors were seeing the most action against Toronto as a -2 road favorite. 86% of those betting this game were backing the Warriors.
FC Bayern Munchen was attracting 80% of the action in their matchup against FC Koln.
Betting on the Olympics Now Allowed in Vegas
LAS VEGAS (Associated Press) — Come summer 2016, when the best of the best athletes climb podiums wearing gold, silver and bronze medals, Las Vegas gamblers could very well be counting their green.
Nevada gambling regulators voted Thursday to allow the state's sports books to offer bets on the Olympics for the first time in years.
It was a move unopposed by anyone in the industry and cheered by the regulators themselves. International sports books in Great Britain, Ireland and Australia and offshore Internet sites already allow such bets.
Lefty Rosenthal Home Vegas Home Sells for $777K
A home once owned by late famed casino exec Frank “Lefty” Rosenthal has sold for a cool $777,000.
Curbed.com refers to the house as “about as groovy a 70s time capsule as you’re likely to find adjacent to the Las Vegas Country Club”.
Crubed.com also notes:
Adelson Camp a No-Show at Online Gaming Debate
Washington, DC - At a forum today to openly debate the issue of a federal online gaming ban, representatives supporting the ban, fueled by billionaire casino magnate Sheldon Adelson, failed to appear.
Ladbrokes Posts 9 Percent Fall in Profits
(Reuters) – Ladbrokes (LAD.L), Britain’s second biggest bookmaker, said it intended to maintain its dividend in 2015, defying some analysts' expectations of a cut to help fund marketing costs, as it posted a 9 percent fall in annual profit.
The firm has struggled to keep pace with rivals such as William Hill (WMH.L) and establish itself in a growing online sector, with investment in marketing and product lagging others.
Latest Joe Francis Lawsuit Supports Wynn Accusations of 'Illegal Spending'
Lawyers who are attempting to collect approximately $2.2 million in debts owed by “Girls Gone Wild” founder Joe Francis claim much of that money was spent on his palatial Puerto Vallarta, Mexico estate.
What’s Everybody Betting On – February 26: Thunder, Liverpool FC
While a slow wagering day overall with limited games in the NBA and nominal matchups for the most part in both College Basketball and Soccer, there are still some good games on the board that are seeing decent action.
The Oklahoma Thunder are seeing the most action of any side Thursday with 85% of spread bets coming in on this game going their way. The Thunder were listed early as a -5 favorite.
Gambling Ring Nets 27 Arrests
27 individuals have been arrested as part of a six-month investigation into an illegal gambling ring in California.
Santa Clara police said they seized firearms, gambling machines and $70,000 in cash. This marks the second time police have attempted to break up the suspected gambling ring.
Internet Gambling Bill Introduced in Pennsylvania House
Pennsylvania State Rep. John Payne introduced a bill Wednesday that would legalize Internet gambling in what is the 6th most populous state in the U.S.
Payne acts as the chairman of the House Gaming Oversight Committee and has already scheduled various hearings to explore ways to expand gambling in the state.
What’s Everybody Betting On – February 25: Wichita State, Wake Forest
There are 12 NBA games on tap this evening that should keep sports bettors and daily fantasy sports enthusiasts glued to their computers and television sets.
Still, it is three College Basketball games that are seeing the most early action among the top five bets of the day.
Microsoft Bing’s Duane Forrester to Speak at Daily Fantasy Sports Expo
Ticonderoga Ventures Inc. has announced that long time Microsoft Bing Webmaster Outreach Manager Duane Forrester will be speaking at the first ever Daily Fantasy Sports Expo in Miami Beach August 6-7.
Just how pivotal is Forrester: Last year he was awarded Top Search Personality at the US Search Awards.
Macau Casino Stocks Tanking as Revenues Continue to Decline
Casino shares in the Chinese gambling enclave of Macau fell Wednesday, a result weak travel expectations for the Lunar New Year holiday period and diminishing high roller activity.
From Bloomberg News:
Fantasy League Meeting With Ray Rice Reps on Wednesday
$1 Million Endorsement Deal is on the Table
VANCOUVER -- Only time will tell which of the many fantasy sports leagues popping up all over North America are destined to survive.
And thrive.
But if marketing savvy is any indication of future success, one new league looks like it has hit a home run (or in this case, scored a touchdown).
Sports Handicapper to the Stars Adam Meyer Ordered Into Rehab
A sports handicapper charged with bilking a Wisconsin man out of $25 million and allegedly threatening him with bodily harm has been ordered into drug rehab after failing four drug tests and skipping on four others.
Oy Vey! ‘Prodfather’ Rabbi Charged in Kidnap Plot Was Mafia Mediator
A New York City rabbi charged with kidnapping and threatening men with cattle prods who refused to grant their wives a divorce claims to have mediated Mafia disputes.
An undercover video was played in a federal court Monday to demonstrate Rabbi Mendel Epstein’s participation in mobster affairs.
The gangsters would reportedly clean guns in front of the rabbi and intimidate him.
DFSE Speaker Jeff Ifrah Appears on ESPN to Talk NBA and Sports Betting
One of the leading online gambling attorneys and a confirmed speaker for the upcoming Daily Fantasy Sports Expo in Miami Beach this coming August, Jeff Ifrah, this week appeared on ESPN discussing NBA Commissioner Adam Silver’s stance regarding legalized sports betting and the National Basketball Association.
‘Red King of Gambling’ Owes $160 Million, Threatened Creditors With Bodily Harm
The so-called “Red King of Gambling” is reportedly under investigation by Chinese authorities. He is one of many high profile individuals in the world’s most populous nation who have come under fire as part of an anti-corruption campaign lodged by Government officials last month.
Underground Hidden Cave Contained Gambling Machines, Ammo
FRESNO, Calif. – (Associated Press) - A domestic violence call at a Central California home led police to a hidden underground cave where two men were hiding from police.
The Fresno Bee reports that late Saturday police responded to a call at a home after someone reported a fight between a man and a woman in southeast Fresno.
Officers found a woman and children crying outside the home.
