Gambling and Sports Betting News Wire - August 31 2019

Written by:
C Costigan
Published on:
Aug/31/2019

Here are today's headlines in the world of gambling and sports betting as they happen - Saturday August 31, 2019.


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FoxBet Live in New Jersey

Firm Benefitting From DC Sports Betting Has No Employees or Execs

The Washington Post reports that the Greek company Intralot, which last month received a $215 million contract to bring sports gambling to the nation’s capital and to continue running its lottery, says more than half the work will go to a small D.C. firm — a condition that helped the gaming giant win the no-bid contract.

So which firm is set to receive more than half the work?

Veterans Services Corp will “perform the ENTIRE subcontract with its own organization and resources".

But how?

From the Washington Post:

Veterans Services appears to have no employees, according to interviews and District records. Until recently, the company’s website touted executives who didn’t work there. The man who leads it, Emmanuel Bailey, is a Maryland resident who is employed by an Intralot subsidiary, public records and company financial statements show.

It appears that neighboring Maryland refused to take the bait when Veterans Services sought to run that state’s lottery.

Maryland’s lottery director, Gordon Medenica, recommended against the proposal during a 2017 meeting of the Maryland’s Board of Public Works, saying the joint venture’s structure “kept changing on us.”

“We asked several times about who would be responsible for what,” he said, and Intralot “presented us with a lot of suggestions that they would be responsible for everything.”

The Washington Post covers this story in detail here

Our Free Picks Record August 31

2019 College Football Record: 1-0 (100%) - No Plays Over -160

2019 MLB Record: 26-17-2 (60.4%) - No Plays Over -160

2018-19 College Basketball Record: 12-9 (57.1%)

2018-19 NBA Record: 7-5 (58%)

2018 MLB Record: 45-35 (56.2%)

2018 NBA Record: 12-4-1 (75%)

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Gambling News July 2019

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The 2024 NFL Sharp Action Report From BetOnline

"The wiseguys tend to become more selective at this point in the season, so there isn't just a ton of volume from the pros right now. Some of the early positions are Patriots +4 (down from +5.5) and the 49ers +3 (down from +4)."

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