Business & Financial

DraftKings Debacle Hits All Corners of the Media as NY AG Wants Answers

You know things are bad when MSNBC’s resident nerd (and we mean that in a good way) Chris Hayes devotes a good ten minutes discussing a scandal in Daily Fantasy Sports. 

Submitted by Aaron Goldstein on, Oct/07/2015

New TMZ Slot Machine Lets Players Become Part of the Action

Over the years, there have been many gambling pioneers who have left their marks on the industry and made Las Vegas what it is today.

Benny Binion.

Bob Stupak.

Frank "Lefty" Rosenthal.

Harvey Levin.

Harvey Levin???

Yes, Harvey Levin, the diminutive gay attorney who hosts two of television's most popular entertainment news programs--"TMZ" and "TMZ Live."

Submitted by Thomas Somach on, Oct/06/2015

‘Racist’ PR Guru Finds Herself at Center of Daily Fantasy Sports Scandal

Justine Sacco, who was fired from Barry Diller’s IAC/InterActiveCorp media empire for an offensive Twitter comment about AIDS, has landed a job at Daily Fantasy Sports site FanDuel and once again finds herself in hot water.

Submitted by Jagajeet Chiba on, Oct/06/2015

Brennan Jr: ‘NY Times So Anti-DFS Since Ex-Editor Not Profiting From It’

Daily Fantasy Sports industry analyst Joe Brennan, Jr. tweeted Tuesday that the New York Times may have a hidden agenda when it comes to their scathing report on a recent scandal at DraftKings.

Submitted by Jagajeet Chiba on, Oct/06/2015

Breaking News: ESPN Pulling DraftKings Spots in Wake of Scandal

On ESPN's "Outside the Lines," segment Tuesday afternoon, Bob Ley disclosed that the 24-7 sports network would be dropping DraftKings sponsored elements within its programing following allegations of possible insider cheating within the company.

Submitted by Aaron Goldstein on, Oct/06/2015

Premier Pay Per Head Gives You the Time You Need

As the old saying goes in business “Time is Money” and this has never been truer than in the independent sports bookmaking industry.

Booking sports bets is a highly competitive business and you cannot afford to be spending your time trying to handle the administrative end of things when you should be spending your time growing and building your customer base.

Submitted by Matt Skinner on, Oct/06/2015

Raptors, Maple Leafs Sign 4-Year Contract With DraftKings Amidst Scandal

Maple Leaf Sports and Entertainment, owner of the Toronto Raptors and Toronto Maple Leafs, has signed a 4-year promotion deal with Daily Fantasy Sports site DraftKings amidst a massive “insider information” scandal that threatens to take down an entire industry.

Submitted by Aaron Goldstein on, Oct/06/2015

McGraw Milhaven: FanDuel and DraftKings a ‘Pyramid Scheme’

550KTRS St. Louis sports radio talk show host McGraw Milhaven is one of many crying foul Tuesday morning in light of a scandal that has rocked the Daily Fantasy Sports world this week.

Submitted by Aaron Goldstein on, Oct/06/2015

DraftKings Has No Comment on ‘Insider Info’ Policy as Scandal Boils Over

Leading Daily Fantasy Sports site DraftKings would not comment on their policy and internal controls related to “insider information”, while standing by an employee who won $350,000 at a competing site’s contest finishing second place. 

Submitted by Aaron Goldstein on, Oct/06/2015

ESPN No Longer Mum on DraftKings Controversy Amidst Partnership Deal

ESPN is the 24/7 sports network but, despite the explosive controversy revolving around a potential insider cheating scandal at Daily Fantasy Sports site DraftKings, the network was slow to react to the news until Tuesday morning.

Submitted by Jagajeet Chiba on, Oct/05/2015

DFS Staff Knowing Player % Info and Using on Other Site Clearly an Edge

The Twitter Universe is now lighting up with folks blasting the Daily Fantasy Sports industry for not having a better handle on their employees and their ability to, not only gain access to player usage information, but utilizing said data to win big on competing DFS sites.

Submitted by Aaron Goldstein on, Oct/05/2015

AP: Transparency Scandal Rocks Daily Fantasy Sports Industry

(Associated Press) - An early release of lineup information in a DraftKings contest is raising questions about the transparency of the burgeoning daily fantasy industry.

Submitted by Associated Press on, Oct/05/2015

DraftKings, FanDuel Ad Blitz Drawing More Scrutiny to DFS Industry

You’ve seen the ads.  How could you not have?  Even if you don’t watch Football, DraftKings and FanDuel advertisements are popping up all over the boob tube including on 24-hour cable news networks like CNN and HLN (if you can still call the later news).

Submitted by Aaron Goldstein on, Oct/05/2015

Local Bookies Getting Beaten Up The Most: Green Bay Area, Raleigh-Durham

Local bookies in the following markets have been getting clobbered so far this season thanks to the covers that have taken place so far.  Remember that Pay Per Head companies offer live wagering, sharp player management, prop wagers and, in many cases, online casinos that help boost profits.

Submitted by Tyrone Black on, Oct/04/2015

Maximizing Profits for Bookies This Brutal NFL Season

Last week, some offshore sportsbook operators told us it was one of their worst NFL weekends in history.  Just imagine how the local bookies must be faring.

Submitted by Aaron Goldstein on, Oct/04/2015

Pay Per Head NFL Betting Odds

Pay Per Head NFL betting odds can be customized to meet a player’s unique needs.  Sites like RealBookies.com offer lines on sports from across the world.

Have a sharp player, the folks from RealBookies.com have implemented monitoring systems to adjust accordingly.

Submitted by Don Shapiro on, Oct/04/2015

Fantasy eSports and the U.S. Legal Environment

Noted gaming and fantasy sports attorney Jeff Ifrah reports on five critical elements to understand before a fantasy eSports site sets up shop in the United States.

Submitted by Aaron Goldstein on, Oct/02/2015

New Caesars Entertainment Corp CEO Shocked by Lack of Innovation

LAS VEGAS (Associated Press) — New Caesars Entertainment Corp. CEO Mark Frissora said he's been shocked at the casino industry's lack of innovation in appealing to younger would-be gamblers.

"The time is now," he said, speaking Wednesday on a panel at the industry's annual trade show, the Global Gaming Expo, in Las Vegas.

Submitted by Associated Press on, Oct/01/2015

G2E Red Carpet Celebrities for Awards Show: We Thought Half of These Were Dead

A star-studded red carpet was to kick off the third annual Casino Entertainment Awards as part of this year’s Global Gaming Expo (G2E), featuring celebrities that looked more like a who’s who of “The Walking Dead” (and we’re not talking the actual cast from that show either).

Submitted by Nagesh Rath on, Sep/30/2015

Bet365 Profits Up 92 Percent With More Growth Anticipated

Private UK betting firm Bet365 has seen its profits skyrocket 92 percent to £410.2m after a 43 per cent rise in sports gamblers.

Bet365’s success comes at a time when rivals Paddy Power and Betfair along with Ladbrokes and Coral are in the process of seeking mergers.

Submitted by Alistair Prescott on, Sep/30/2015

DraftKings Ads Can Now Feature Current NFL Players as Part of Marketing Deal

DraftKings, one of the top two Daily Fantasy Sports sites in the world, will now be able to feature current NFL players in its ads as part of a new marketing deal with the league.  

Launched in 2012, the website has managed to raise $300 million in financing this season, much of which has been used for marketing purposes.

Submitted by Aaron Goldstein on, Sep/30/2015

BetOnline Players had Most Profitable Weekend in Company’s History

Yet another gambler has beaten up on popular online gambling site BetOnline, this time after hitting a massive parlay over the weekend.

BetOnline

Submitted by Gilbert Horowitz on, Sep/29/2015

Premier Pay Per Head Safeguards all of Your Information

The online sports betting industry has exploded in the past decade with a proliferation of betting websites to handle all the action, but the simple fact that all of these transactions take place through the internet raises some serious concerns with just how safe and secure this wealth of information remains.

Submitted by Guest on, Sep/29/2015

Citigroup Maintains ‘Sell’ Rating on Bwin.party Stock

On Monday, Citigroup issued an analyst note maintaining a “sell” rating on Bwin.party’s stock.

The target price would indicated a potential downside of 39.08% from the company’s current stock price.

Submitted by Aaron Goldstein on, Sep/28/2015

Macau Casino Revenue Drops 19 Percent After Credit to High Rollers Reduced

(Bloomberg News) - Macau casino shares closed lower in Hong Kong after Deutsche Bank AG said gaming revenue was hurt last week due to a move by junket operators to reduce credit offered to high-end gamblers.

Gross gaming revenue fell 19 percent to 493 million patacas ($62 million) a day last week, or 18 percent below the average so far this quarter, Deutsche Bank AG analyst Karen Tang wrote in a note Wednesday. Junket operators reduced lending after a reported theft at a competitor "prompted others to withdraw deposits from various junkets," Tang wrote.

Submitted by Guest on, Sep/23/2015

Premier Per Head Brings You Thousands of Betting Lines Each Week

As an independent sports bookmaking agent, it is vitally important that your betting odds selection covers all the bases including access to the widest selection of prop bet and futures odds in the sports betting industry.

You are constantly competing against the big online sportsbooks for your customer’s betting action, so you never want to give them a reason to look elsewhere for their betting odds.

Submitted by Matt Skinner on, Sep/22/2015

Learn How to Make Money as a Bookie - Download Free eBook

This informative new eBook from the experts at PayPerHead.com on how to increase revenue for your pay per head business has been catching the attention of online bookies everywhere.

They’re loving this free resource because it gives full access to:

Submitted by Aaron Goldstein on, Sep/22/2015

Paddy Power Shares Undervalued by 30 Percent Claims Research Report

Shares in Irish bookmaker Paddy Power are undervalued by 30 percent according to a new research report issued by stockbroker Davy.

The company is set to merge with Europe’s largest betting exchange Betfair in the coming months.

Submitted by Aaron Goldstein on, Sep/20/2015

Who Has The Best Daily Fantasy Sports Software for Operators?

With so many Daily Fantasy Sports (or DFS) sites popping up, we here at Gambling911.com wondered which company offered the best Daily Fantasy software.

We’ve heard of DraftKings and FanDuel but when it comes to the actual software backend, Rochester, New York-based Star Fantasy Leagues is one of the first - and many would argue, one of the best - on the market today.

We recently had a chance to sit down with Seth Young, Chief Operating Officer of Star Fantasy Leagues, who was very candid in discussing the state of the industry as it is today.

Submitted by C Costigan on, Sep/14/2015

Price Per Head NFL Lines – 2015 Week 2

Most of the Price Per Head NFL lines at RealBookies.com were now available (subject to fluctuate throughout the week and customized for customers).

Be mindful that these are just the base lines.   With the Pay Per Head, you are dealing with a smaller sampling of the betting population, and so it may be more volatile than usual.

Submitted by Don Shapiro on, Sep/14/2015

Breaking News