Gambling
Eilers Research to provide the State of the Industry at the Daily Fantasy Sports Expo
New York, NY--Ticonderoga Ventures, Inc. announces that Eilers Research will speak at the Daily Fantasy Sports Expo ( www.fantasysportsexpo.com ) on August 6-7, 2015 at the Miami Beach Convention Center.
Gambling Addicted Sons of True-Crime Writer Ann Rule Charged With Theft
Two sons of true-crime writer Ann Rule have been charged with allegedly stealing thousands of dollars from their ailing 83-year-old mother to help fuel their drug and gambling addictions.
Rule is the writer of over twenty crime books including “The Stranger Beside Me” about serial killer Ted Bundy.
Fantasy Sports Not Just an American Fad: Becoming Huge in Europe
LEEDS, England -- Wagering on fantasy sports isn't becoming a big thing just in the United States.
It's also getting huge internationally, especially in Europe.
One of the main reasons for the popularity of fantasy sports is that it's tailored to the local market and the local sports culture.
In the USA, fantasy sports thrive on football, basketball, baseball and hockey.
In Europe, it's all about soccer.
Ex-Wife of Wynn Won’t Stay on Board of Wynn Resorts
LAS VEGAS (Associated Press) — Elaine Wynn failed Friday to win re-election to the board of Wynn Resort Ltd. — the casino-hotel company she co-founded with ex-husband Steve Wynn — a development that ended a feud over the issue.
Shareholders who had to decide between re-electing Elaine Wynn or agreeing with a company recommendation to re-elect two other sitting board members ultimately sided with the company.
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Judge Recuses Himself From Gambling Homicide Case
SPRINGFIELD (Associated Press) - A judge is recusing himself from the case of a former school superintendent accused of killing a Springfield couple who police say refused to lend the man $250,000 to cover gambling debts.
The Springfield News-Leader reported that retiring Greene County Judge Dan Conklin announced Friday that he is stepping away from Mark Porter's case. Meanwhile, Porter's attorney, Dee Wampler, is seeking to withdraw from the case.
Finding your way around online gambling
Online gambling has been an Internet phenomena ever since 1995, when the first online casino launched featuring 18 games, what may seem silly now was groundbreaking back then. Rapid growth ensued shortly thereafter, resulting in a vast expansion of online casinos and Sportsbook web sites – individually and combined. The industry grew to over tens of billions in profits, and not surprisingly so, placing bets at the convenience of your home at a time where the Internet was hitting its stride was quite a desirable quality of life transformation.
China Targets Gambling Mecca Macau in Latest Corruption Crackdown
(Reuters) - China's fight against corruption has spread to the world's largest gambling hub, the former Portuguese colony of Macau, where seven people including government officials are being investigated for graft, including accepting bribes.
The developments are in stark contrast to last year, when no high-profile officials were questioned about bribery, according to the website of Macau's Commission Against Corruption. The commission did not immediately respond to a request for comment.
Jimmy Vaccaro: Vegas Derby Record Could be Set Thanks to Mayweather-Pacquiao
Oddsmakers in Vegas aren’t just anticipated huge action on this weekend’s highly anticipated fight between Floyd Mayweather, Jr. and Manny Pacquiao. The Kentucky Derby is happening that very same day (May 2) and at least one oddsmaker believes that fight could help to set Derby betting records.
FanDuel Gets Naming Rights on Floyd Mayweather Trunks
The world leader in daily fantasy sports, FanDuel.com, announced this week it has purchased the naming rights to none other than Floyd Mayweather’s trunks. He will have them on full display during his highly anticipated May 2 bout with Manny Pacquiao.
As part of the deal FanDuel will award six tickets to the welterweight fight at the MGM Grand in Las Vegas.
Goodell Addresses Daily Fantasy Sports, Gambling and the NFL
NFL Commissioner Roger Goodell addressed the Associated Press Sports Editors group Friday on a number of topics, including daily fantasy sports and the role gambling may play in the National Football League (NFL).
In particular, Goodell referenced a number of sponsorship deals between individual NFL franchises (and other professional sports teams) with daily fantasy companies the likes of DraftKings and FanDuel.
From the Canadian Press:
Diddy and Mark Wahlberg Place $250K Bet on Mayweather-Pacquiao Fight
Over the past 24 hours, two of the entertainment industry’s richest men – music mogul P. Diddy and actor/producer Mark Wahlberg – have placed a $250K bet on the much ballyhooed Mayweather-Pacquiao fight (May 2).
Diddy is back Mayweather while Wahlberg is all over PacMan.
Iowa Casino Doesn’t Have to Pay 87-Year-Old Grandma $41 Million Jackpot Error
IOWA CITY, Iowa – (Associated Press) - When an 87-year-old Illinois grandmother bet a quarter in an Iowa slot machine in 2011, she thought she'd hit it big. The screen said: "The reels have rolled your way! Bonus Award - $41797550.16."
BetMayor Casino Complaints: Gambling Company Confiscates $51,000 From Player
A player has reported that BetMayor Casino has confiscated $51,000 in winnings after that individual went on a two-month hot streak, winning 87% of the nearly 40,000 hands.
William Hill Reports Record Weekly Loss in January
The United Kingdom’s biggest bookmaker revealed it lost £14m in January after a series of what it referred to as "customer-friendly" football results.
Shares were down 3.3 percent in Thursday’s midafternoon trading as a result. Some of that was recovered by Friday.
Gambling911.com Founder Chris Costigan to Speak at Daily Fantasy Sports Expo
New York, NY--Ticonderoga Ventures, Inc. announces that publisher Chris Costigan of the leading gambling news site Gambling911.com will be speaking at the first ever Daily Fantasy Sports Expo
(www.fantasysportsexpo.com ) on August 6-7, 2015 at the Miami Beach Convention Center.
Pete Rose Gets Permission to Participate in MLB All Star Game This Summer
NEW YORK (Associated Press) – Commissioner Rob Manfred says Pete Rose will be allowed to participate in activities surrounding this summer’s All-Star Game in his hometown of Cincinnati.
Law Firm Talks Violation of Poker Pro Paul Phua Rights as Part of FBI Ruse
In a case testing the boundaries of how far the government can go when creating a ruse to access a suspect’s premises, a U.S. District Court in Nevada concluded that the government’s disruption of internet service to a hotel room in order to generate a service call, and allow access by government agents, violated the Fourth Amendment rights of the hotel guest.
FanDuel Enters Into Deal With 15 NFL Teams
NEW YORK — (Associated Press) - Nearly half of the teams in the NFL have signed sponsorship deals with FanDuel, the daily fantasy sports website.
The announcement of 15 football teams on Wednesday adds to the roster of professional sports sponsorships for FanDuel. It already had a deal with the NBA, which received an ownership stake in the company, and seven pro basketball teams. Major League Baseball and the NHL have deals with a competitor, DraftKings.
Las Vegas Sands Misses 1st Quarter Earnings: 34 Percent Drop in Profit
LAS VEGAS — (Associated Press) Las Vegas Sands Corp. CEO Sheldon Adelson said he knew what question was coming: when would the steady and steep decline in the world's most lucrative gambling market hit bottom?
A corruption crackdown that has shaken up the up-until-recently skyrocketing gambling business in Macau, China has sped swift drops in revenue and activity there.
English Sports Betting Head Dead
The long time CEO and Managing Director of one of the first offshore sports betting companies, English Sports Betting, has passed away.
Tom Lanford died from natural causes recently. He ran the long established company while it was based out of Jamaica during much of the 1990’s. Once a wealthy businessman, Lanford was living on the streets of Atlanta, homeless, at the time of his death at 53.
Yahoo! to Enter Daily Fantasy Sports Sector
Long established in the world of season-long fantasy sports, Yahoo! CEO Melissa Mayer announced this week that the multinational Internet corporation and search engine powerhouse will be entering the real money daily fantasy sports market this summer.
First New England Mobster Sentenced to Life for ‘3 Strikes’ Rule Dies at 75
Notorious New England mobster Gerard "The Frenchman" Ouimette has died of lung cancer at the age of 75.
New Credit Card Merchant Number May Boost State Online Gambling Acceptance
Since New Jersey legalized online gambling in the Garden State over a year ago, one of the biggest obstacles has been the low acceptance rate of credit cards.
Many of the major banks have blocked nearly all forms of Web gambling transactions in recent years, failing to discern between "legal" (the NJ sector, fantasy sports, horse racing and state lotteries) and the "illegal".
Evidence Ordered Thrown Out in Phua FBI Ruse Case
A federal judge has ordered most of the evidence against poker pro Paul Phua thrown out as part of an FBI probe that apparently went a little too far.
Phua and other alleged co-conspirators were said to have been running a World Cup betting ring from their villa at the Caesar’s Palace. FBI agents posed as cable repairmen to gain access.
Jon Stewart Blasts Christie for Pot Stance While Endorsing Online Gambling
“Daily Show” host Jon Stewart took New Jersey Governor Chris Christie to task over his anti-marijuana stance while simultaneously endorsing legalized online gambling in the state.
Sportech Shares Rise on News of US Entry
Gambling group Sportech (SPO) gained 2.3% to 66.25p Tuesday on news its US racing subsidiary has been awarded a gaming licence in New Jersey.
Iowa Halfway Home in Legalizing Fantasy Sports, State Senator Tells G911
DES MOINES, Iowa -- In 2006, the U.S. Congress passed the Unlawful Internet Gambling Enforcement Act (UIGEA), crippling online wagering by making it illegal to use financial instruments such as credit cards to fund Internet betting.
Mobster Tried to Sell Art from 1990 Museum Heist
HARTFORD, Conn. (Associated Press) -- A reputed mobster told an undercover FBI agent that he had access to two of the long-sought paintings stolen from Boston's Isabella Stewart Gardner Museum in 1990 and could negotiate a sale of each for $500,000, a prosecutor said Monday.
Robert Gentile, a 79-year-old convict from the Hartford, Connecticut, suburbs with a criminal record dating to the 1950s, allegedly made the offer following his release from prison a year ago, prosecutor John Durham said.
Adam Silver on Gambling and the NBA: ‘Good for Business’
NBA Commissioner Adam Silver has doubled down on his initial stance that sports betting should be legalized in the U.S.
Silver stunned many after writing an op-ed piece in the New York Times last fall suggesting that sports gambling should be “brought out of the underground”.
On Monday, the NBA Commissioner took things one step forward.
