Amaya, 888 Holdings Battle it Out for Bwin.Party: $1.5 Billion on the Line
Amaya Gaming, the parent company of PokerStars, jumped into the bidding war for struggling online gambling firm Bwin.Party.
Struggling as it may, Bwin.party remains one of the most sought after betting companies in the world.
Rival GVC announced its intention to bid for Bwin.party last week.
Bookies in Connecticut: The Case of the Stun Gun, Cattle Prod and Arson
Over the past four years there have been a number of high profile bookies charged in various Connecticut towns. But it all came to a head this past January when John Barile of East Hartford was charged with burning down a Middletown restaurant for insurance fraud. The crime he is accused of was actually committed five years previous.
DraftKings.com Makes CNBC’s Top 50 Private Company Disruptors List of 2015
The 2nd largest daily fantasy company, DraftKings, has placed number 45 on CNBC’s Top 50 Disruptors List for 2015.
That list pertains to private companies that will have the strongest impact of changing a specific industry or industries, in this case major league sports and the fantasy sports sector.
Fantasy Sports Has a Kid Sister: Prediction Sports Wagering All the Rage in Europe
READING, England -- Fantasy sports wagering first took hold in America and then crossed the pond to Europe, but now there's another game on the continent that's getting some buzz.
And if it becomes as popular and successful as traditional fantasy sports betting, expect this alternative form of sports gambling to cross back to the USA and become popular and successful there.
So what are we talking about?
Prediction sports!
Ex Miami Officer Gets Two Years in Prison for Gambling, Bribes
MIAMI (Associated Press) -- A former Miami police officer has been sentenced to two years in prison for accepting thousands of dollars in bribes from an illegal gambling operation.
A federal judge last week also sentenced 24-year-old Jerry Sutherland to perform 150 hours of community service and pay a $2,000 fine. Sutherland must forfeit $3,400 he was paid in bribes. He pleaded guilty to extortion.
Bookies In…. South Carolina: Brett Parker Thrusts State Into National Spotlight
Gambling911.com’s “Bookies In…” series has become a hugely popular read among bookmakers, agents, sports bettors and the curious alike.
In the series we hone in on specific regions, dispense useful legal information in regard to state and sometimes local statutes, while at the same time providing a colorful history of said city, metropolitan area and/or county in terms of its bookie ties and roots.
Cook County Illinois Bookies: Chicago, Elgin, Naperville, Joliet
When we think Cook County, we first think of one of the United States largest cities, Chicago.
Bookies in Collier County Florida: Naples, Marco Island
Live in Collier County, Florida? Bookies are quite plentiful but be careful who you choose to do business with and always ensure they are doing business with call centers operating in legal offshore jurisdictions.
Online Gambling Company GVC Holdings Makes Bid for Bwin.Party
Online gambling company GVC Holdings Plc said it had submitted a bid for rival Bwin.Party Digital Entertainment Plc , which announced in March it was looking for potential suitors.
GVC Holdings Chief Executive Kenneth Alexander had told Reuters in March that "something like" Bwin.party would be of interest to the company.
Bwin.party also said they are still in negotiations with a number of third parties as well.
Bookie Sentenced to 4.5 Years Had Enforcer Willing to ‘Bite Your Face Off’
A Naples area bookie claiming ties to offshore sportsbook owner Spiros “The Greek” Athanas and a $100,000 per month nationwide network of enforcers to collect debt was in reality “small time” according to his lawyer.
Thomas Welch, 49, was sentenced to 4 ½ years behind bars after pleading guilty to single counts of racketeering and money laundering in connection to his local and Internet-based sports betting business.
Beatty: Sports Betting is a Game of Skill Like Daily Fantasy Sports
Bill “Dangerfield” Beatty, a stand up comedian who writes for the gaming news site CalvinAyre.com, this week brings up an interesting point: Essentially, if daily fantasy sports and online poker are really “games of skill”, how can sports betting not be?
FBI Re-Files ‘Ruse’ Case Against Poker Pro Paul Phua: Add Conspiracy Charge
LAS VEGAS (Associated Press) -- Federal prosecutors in Nevada have added a conspiracy allegation and re-filed Internet bookmaking charges against a Malaysian businessman who won a recent court ruling that his rights were violated in an FBI search of his Las Vegas Strip hotel suite.
StockBattle.com Fantasy Trading Site Shuts Its Doors After SEC Threat
StockBattle.com, a fantasy trading site based on the daily fantasy sports contest business model, has been forced to shut down following a warning by the Securities and Exchange Commission.
Mississippi Introduces Legislation to Allow Sports Betting
Mississippi has become the latest state to introduce legislation that would permit sports betting.
House Bill 806, introduced Wednesday, is sponsored by Democrat state rep. Chuck Espy.
Currently the Third U.S. Circuit Court of Appeals is expected to rule on a New Jersey challenge of the Bradley Act, or PASPA, a federal law banning sports betting in all but a handful of states.
Phil Gordon on Tom Brady: ‘I Know He Cheats at Blackjack Too, He’s a Card Counter’
In a shocking tweet made by the host of Bravo’s “Celebrity Poker Showdown”, Phil Gordon alleges that New England Patriot starting quarterback Tom Brady routinely cheats at blackjack while playing in casinos.
From Phil Gordon:
Hey, I know for sure #TomBrady "cheats" at Blackjack -- he's a card counter (I taught him). About the same advantage gain - 1-2%?
BetClic.com Players Face Fines: 79 Players Forced to Pay Thousands of Euros
A government crackdown on the European online gambling website BetClic.com has resulted in some 79 individuals having to pay thousands of dollars in fines….and this is just the beginning, authorities have warned.
Caesars Palace Faces Up to $20 Mil in Fines as Part of Money Laundering Probe
Las Vegas (Associated Press) - Caesars Palace could face paying between $12 million and $20 million worth of fines stemming from a federal investigation into how the casino prevents or detects money laundering.
Officials with Las Vegas-based Caesars Entertainment Corp. met with the federal agencies involved in the investigation on April 29 when settlement proposals were discussed.
The company mentioned the meeting under the header "other matters" in its third quarter financial report filed with the Securities and Exchange Commission.
Unclaimed Gambling Winnings Could Soon be Used to Fund Rape Exams
The Louisiana House of Representatives on Monday unanimously passed a measure that would fund forensic medical exams for rape victims through the use of unclaimed gambling winnings. This would essentially end the practice of hospitals systematically billing patients for such services.
Global Vices Revealed Per Nation: Aussies Take Most Drugs, Nearly All Gamble
Findings from a study by the University of Adelaide have revealed the world’s vices by country for the first time ever.
The study found that Aussies take the most drugs and just shy of 85% gamble.
Reid Renews Push to Fully Ban Online Gambling
Senate Minority Leader, Democrat Harry Reid, announced his renewed push to fully ban online gambling in the U.S. including poker.
Friends With Benefactors: Jon Stewart Lampoons Adelson for ‘Influence Peddling’
Jon Stewart opened up his show this past Thursday night with a look at the influence of money in politics, and Hillary Clinton coming under fire from the folks over at Fox News who have been thrown into a "tizzy" over there might be some conflict of interest over donations to the Clinton Foundation.
More than 60 countries in the world now regulate online gambling
According to the new research, more than 50 percent of the world's population is restricted from accessing online gambling in their own countries. It was found that gambling availability varies greatly from country to country. Some countries prohibit all types of casinos, while others ban local firms from running a gambling business but allow foreign companies to operate.
Jerusalem Post: Adelson Alleged Ties to Chinese Mafia Could Spell Downfall
Casino magnate, GOP megadonor and staunch supporter of the Israeli state, Sheldon Adelson, found himself in a Nevada court last week defending accusations of Chinese Mafia ties. At once point during the testimony, questions were even raised as to whether the casino chairman had knowledge of a failed beheading plot.
Malta The New Hot Spot for European Fantasy Sports: Oulala.com Leads Pack
SLIEMA, Malta -- Fantasy football fever is boiling hot in Europe these days, with new fantasy leagues seemingly poppping up almost every day now.
Football in Europe, of course, is what Americans call soccer.
But no matter what one calls it, one thing is evidently clear--fantasy sports betting is taking off in Europe just the same way it's taking off in America.
Tommy Lasorda: ‘Pete Rose Doesn’t Belong in Hall of Fame’
Longtime LA Dodgers manager Tommy Lasorda was adamant in regard to Pete Rose’ plea to have a lifetime ban from Baseball lifted against him.
Lasorda says it should never be lifted and added: "He doesn't belong in the Hall of Fame.”
Daily Fantasy Sports 911 Goes Live: DFS Picks, News, Reviews and More
Gambling911.com is thrilled to announce its first offshoot ever in 15 years as the world leader in gambling-related news. Daily Fantasy Sports 911 (or the easier to remember and type DFS911.com) has gone live as of May 9, 2015. Please don't forget to bookmark the site.
UIGEA Co-Author: ‘Never Intended to Cover Daily Fantasy Sports’
In a riveting piece written this past week on the ThinkProgress.com website, reporters Sacha Friedman and Josh Israel delve into the bold new world of daily fantasy sports.
Cameron Victory a Win for UK Gambling Firms, ‘Crack Cocaine’ Fixed-Odds Terminals
UK betting firms can breathe a collective sigh of relief following Thursday’s election results in which PM David Cameron remains in power.
British bank stocks soared, led by Lloyds Banking Group Plc and Barclays Plc, as Cameron’s Conservative party unexpectedly secured a parliamentary majority, Bloomberg Business reported Friday.
Nevada Judge to Decide if Sands Wrongful Termination Case Should Proceed
LAS VEGAS (Associated Press) — A Nevada judge will decide if a wrongful termination case against Las Vegas Sands Corp. can proceed nearly five years after it was first filed.
District Court Judge Elizabeth Gonzalez heard closing arguments Thursday morning from lawyers representing former Sands China Ltd. CEO Steven Jacobs and casino-hotel company Las Vegas Sands.
At issue first is whether the case can be tried in Nevada since Sands China's operations are based in the lucrative Asian gambling enclave of Macau.
Mike Trout Daily Fantasy Sports Profile: Solid Against Hernandez May 8
The LA Angels Mike Trout will go up against Houston’s Roberto Hernandez Friday and Trout should have some decent value for Daily Fantasy Sports players despite a steep price.
The 21-year-old was being offered at a $5200 salary and his selection will place limitations on one’s roster.
Trout has gone 4-for-11 versus Hernandez with three homeruns and 4 RBIs.
