Gambling
Unibet to Attend First Ever Daily Fantasy Sports Expo: Will Other Euros Follow?
It’s been widely speculated that the European online gambling firms will be the next serious players in what is becoming an already saturated market sector: Daily Fantasy Sports.
‘Britain at the Bookies’ to Showcase Coral Bookmaking Staff and ‘Degenerate’ Gamblers
A three-part documentary entitled “Britain at the Bookies” is set to air Monday evening (20 July, 2015: 21:00) on BBC. The film documents every day life behind the scenes at Coral, one of the United Kingdom’s largest bookmaking firms.
Cincinnati Horseshoe Casino Employees Indicted for Cheating
Three former casino workers at the Cincinnati Horseshoe were indicted this past week for alleged cheating.
Michigan Appeals Court Affirms Convictions of Siblings Accused of Cheating Casino
Detroit — (Associated Press) - The ball landed on 14 for a big winning bet. But the court case? Snake eyes.
The Michigan appeals court has affirmed the convictions of a brother and sister who were accused of cheating at roulette at the Motor City Casino in Detroit.
James Countryman was working as a dealer in 2012 when his sister, India Countryman, suddenly won $4,700. But investigators said surveillance video shows her bet was placed after the ball landed on red 14.
The siblings denied any wrongdoing.
Daily Fantasy Sports Sites: What Investors and Venture Capitalists Need to Know
In conjunction with your sister site DFS911.com, Gambling911.com is working to create the most authoritative, comprehensive and updated Daily Fantasy Sports review section for potential investors and venture capitalists along with would be business men and women hoping to dive feet first into this highly competitive industry.
Bwin.party Sees Shares Skyrocket Friday Following Blockbuster Deal
Shares in Bwin.party Digital Entertainment were up following Friday’s confirmation that 888 Holdings had agreed to buy the stock in a cash and stock deal worth around £898.3m, beating a rival offer from GVC.
The news of the sale was all but certain after the Financial Times and Gambling911.com received notice from key people within the organizations on Thursday afternoon.
Jason Ader, a major shareholder of the company, and New York based hedge-fund owner issued the following statement to Gambling911.com earlier Friday:
Investor Jason Ader Issues Statement re: Bwin.Party 888 Deal
It’s official as Gambling911 told our readers yesterday. Online gambling company 888 Holdings will take over rival Bwin.party in a cash and stock deal valued at about £898m.
Jason Ader, a major shareholder of the company, and New York based hedge-fund owner issued the following statement today:
Judge Keeps Legal Doc Sealed in Case That May Tie Sands Corp to Organized Crime
LAS VEGAS (Associated Press) — A Nevada judge is keeping sealed a legal exhibit that a newspaper, a union and a Washington, DC-based advocacy group sought to make public in a closely-watched wrongful termination case against casino company Las Vegas Sands Corp., Sands China Ltd. and the companies' chairman Sheldon Adelson.
Guardian News & Media, the Campaign for Accountability and union Unite Here argued Thursday the public should see the exhibit the groups say may tie the companies to organized crime in Asia.
Most Daily Fantasy Sports Sites Will Fail, Says Early Industry Investor
One of the earliest investors on the Daily Fantasy Sports scene - a man who pumped money into what would eventually become the 3rd largest DFS site DraftDay - says he’s been approached by no fewer than two dozen would be Daily Fantasy site operators.
“It’s my opinion that they will all fail,” says Ezra Galton, Senior Associate at Chicago Ventures.
Why?
Bwin.Party to be Purchased by 888: G911 Profiled Investor Plays Key Role
Today’s Financial Times reports that “888 close to victory in £900m Bwin bid battle.” A deal is expected to be announced in the next few days – or sooner.
Switching From One Pay Per Head to Another: How Easy is the Transition?
AcePerHead understands that many bookies and agents become disenchanted with their current Pay Per Head service and are looking to switch to another PPH.
Sheldon Adelson Rallies More Support for Anti-Online Gambling Bill
Gambling magnate and GOP mega donor Sheldon Adelson has aligned himself with a few more politicians to support his legislation that would ban most forms of online gambling, including poker, at the federal level.
Adelson’s measure, Restore America’s Wire Act or RAWA for short, was co-authored by South Carolina Republican Senator and US Presidential candidate Lindsey Graham and Utah Republican Representative Jason Chaffetz.
Avoiding Legal Trouble with Pay Per Head Solutions
Sports betting in the United States is a billion dollar industry, but other than in the state of Nevada it also has some serious legal challenges especially when it comes to the actual financial transactions in the act of taking bets.
‘Crack Cocaine’ Gambling Machine Max Rejected by UK Government
The UK government has rejected efforts to reduce the maximum bet on fixed-odds betting terminals cut from £100 to £2.
Newham Council, which led the campaign, said the move would help prevent clusters of betting shops, particularly in deprived areas, according to the BBC.
But the government says it has already instituted strict controls for which most of the large bookmaking businesses have objected to…and with good reason.
Draft Ops Review: Daily Fantasy Sports Site Makes Deal With Barclays Center
Gambilng911.com has your Draft Ops review for those looking to potentially invest in the fast growing Daily Fantasy Sports sector or simply searching for an alternative to DraftKings or FanDuel.
This is a company that seems to have some serious ambitions after entering into a critical deal with Brooklyn’s Barclays Center in recent weeks. They had previously signed a deal with Bellator, the Mixed Martial product.
John Gotti Former Son-In-Law Arrested for Alleged ‘Large-Scale’ Car Theft
The former son-in-law of the late crime boss John Gotti has been taken into police custody for running an alleged “large-scale” car theft ring.
Pete Rose Makes Homecoming at All Star Game
CINCINNATI — (Associated Press) - Pete Rose came home for the All-Star Game and made a rare on-field appearance in the place where he’s still treated like a king.
The hits king was voted one of Cincinnati’s Franchise Four players as part of a Major League Baseball promotion. Rose and Hall of Famers Johnny Bench, Barry Larkin and Joe Morgan were introduced on the field at Great American Ball Park before the All-Star Game on Tuesday night.
Fox Sports, Fantasy Sports Network to Speak at Daily Fantasy Sports Expo
We are just three weeks away from the first ever Daily Fantasy Sports Expo in Miami Beach and Gambling911.com can now confirm that Fox Sports will be speaking.
Additionally, Mike Cardano, Business Development Administrator at the Fantasy Sports Network will speak on at the Daily Fantasy Sports Expo, taking place Aug 6-7, 2015 at the Miami Beach Convention Center. He will also moderate several panels.
What Are Price Per Head Agents? Are They The Same as Bookies?
The concept of a Price Per Head agent is essentially the same as a bookie and is only a question of semantics when you incorporate the PPH element.
Draftster Review –Daily Fantasy Sports Site Appears to be on Downward Spiral
Gambling911.com, covering the Daily Fantasy Sports sector along with its sister site DFS.com, offers its review of Draftster.com for those looking to potentially invest in this fast growing sector as well as those looking for an alternative to DraftKings or FanDuel.
AlphaStreak Review: Can We Trust This Daily Fantasy Sports Turnkey Solution?
If you are looking for information on AlphaStreak “The Game Plan”, a new Daily Fantasy Sports turnkey solution, be sure to check out the latest updates at Gambling911.com sister site DFS911.com (Review Section coming soon).
The good news: AlphaStreak is a member of the Fantasy Sports Trade Association.
FanDuel to Announce it has Raised Another $275 Million
FanDuel, the world’s largest Daily Fantasy Sports site, was set to announce it has raised $275 million in a new round of financing, bringing its total haul from investors to $360 million.
How Is PlayDraft.com – Daily Fantasy Sports Review
If you are looking for information on PlayDraft.com and its position in the fast growing world of Daily Fantasy Sports, Gambling911.com has your review below.
Legalized Internet Gambling Will Hurt Farmers
Tim Shea, President of the Pennsylvania Horseman’s Benevolent and Protective Association, says a bill introduced in his state to legalize online gambling will harm farmers.
How can this be?
DraftKings Embraces Yahoo Entry Into Daily Fantasy Sports
Yahoo’s announced entry into Daily Fantasy Sports last week doesn’t scare industry start-up DraftKings, unless CEO Jason Robins is just putting up a good front.
“We think it’s tremendous for the industry that such a renowned digital company like Yahoo is choosing to join our space, and it serves as further proof of the popularity of daily fantasy sports.”
How Do Bookies Make Money? Online Casinos, Live Betting Help Pad Profit Margin
Bookies make money through smart money management and knowing how and when to move the lines. Most bookies – especially those with large client bases – utilize Price Per Head companies to do this for them.
City of Boston Claims Wynn Representatives Were Aware of Mob Association
(Associated Press) - Recently discovered interviews with at least five people show that Wynn Resorts knew that a mob associate with felony convictions would profit from his stake in the waterfront land where the Las Vegas casino giant plans to build a resort, the city of Boston argued in its latest court filings.
Unibet Buys Stan James Internet Business
Sweden-based Unibet has purchased betting firm Stan James’ online assets for approximately £19 million ($29 million). The sale does not include any of Stan James 90 bookmaking stores throughout the UK.
“We have long been looking at strengthening our position in the UK online market,” said Henrik Tjärnström, CEO Unibet. “Stan James as an operator is one of the most well-respected in the UK market with particular strengths in horse-racing and other British sports.”
Leon County Bookies, Pay Per Head Services
Leon County bookies and Pay Per Head services are everywhere despite the relatively low population. That’s because the county is home to one of the most College Football-centric schools in the nation, FSU.
Son of Former Genovese Crime Boss Sentenced to Over Two Years for Illegal Gambling
WHITE PLAINS, N.Y. (Associated Press) - A reputed mob member has been sentenced to just over 2 years in prison for running an illegal gambling business.
Daniel Pagano was also given three years of supervised release and ordered to pay a $5,000 fine when he was sentenced Friday in federal court in White Plains.
