Business & Financial
Pay Per Head for College Basketball
It’s that time of year again when bookies start building up their customer base for the College Basketball season and the search begins for a Pay Per Head company that can assist with all your needs (managing clients, providing Web support, monitoring betting trends, 24/7 phone service, etc).
Daily Fantasy Sports Operator Sports Tradex CEO Talks About Industry With G911
HOUSTON -- This sprawling Southwestern metropolis, now the country's fourth-largest city, has been home to many historic venues, such as the Astrodome and NASA headquarters.
And now it is the home of a sports fantasy company that is revolutionizing the industry--Sports Tradex (www.sportstradex.com).
2014-2015 No Deposit Sportsbook Bonuses for College Bowl Games
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33-Year-Old Turns $35 Into $2 Million at 2014 Fantasy Football Championship
A 33-year-old personal trainer and former teacher last week converted a $35 entry into $2 million at the 2014 FanDuel Fantasy Football Championship in Las Vegas.
Caesars Entertainment to Buy Affiliate in Move to Reduce Debt
LAS VEGAS (Associated Press) — Caesars Entertainment Corporation says it will buy an affiliate as it tries to smooth the reorganization of a struggling division and balance its debt load.
The Las Vegas casino giant says the merger with Caesars Acquisition Company will give it $1.7 billion in cash it needs to guarantee loans in a proposed bankruptcy deal it's pitched to creditors of its debt-heavy operating division.
Wizard of Oz Casino Coming Soon to New York East of Syracuse
Ray Halbritter, chief executive officer of the Oneida Nation, has confirmed in a press release Monday that the Tribe plans to develop a Wizard of Oz themed casino 14 miles East of Syracuse in the town of Chittenango.
China to Begin Crackdown on Macau Amidst Dissent in Gambling Mecca
(Reuters) - By night, Ieong Man Teng was dealing baccarat to gamblers at the Wynn Macau casino. By day, he was mobilizing thousands of fellow dealers to protest on the street for better working conditions and higher pay.
That made him one of the people on Beijing's watch list earlier this year in Macau, the world's biggest gambling hub.
CNN Live Twitter Chat Thursday: The Future of Bitcoin
CNN is scheduled to discuss the topic of Bitcoin’s future in a live Twitter chat Thursday December 18, 2014 at 12 PM EST @CNNTech. The anonymous digital currency has finally begun to catch on in the Internet gambling community after a long period of resistance. A number of mainstream outlets are also starting to take notice.
A panel of experts have been assembled to discuss Bitcoin. They include:
Maximum Fantasy Sports is Setting the Trends in the Industry
Site originates game varieties that others then copy
CHICAGO -- One of the up-and-coming new fantasy sports websites that is attracting a lot of attention these days is called Maximum Fantasy Sports and is run from the Windy City in the Heartland of America.
That alone makes it stand out--most fantasy sites, it seems, are based on the East or West Coasts.
Bookie Call Center Outsourcing for College Bowl Games, Playoffs
PayPerHeadAgents.com is one of the leading bookie call center outsourcing businesses for this year’s College Bowl games season and the highly anticipated first ever College Football Playoffs.
Judge Voids Revel Sale to Canadian Firm
CAMDEN, N.J. – (Associated Press) -A bankruptcy court judge has voided the proposed sale of the former Revel Casino Hotel in Atlantic City, New Jersey, to a Canadian firm that has since backed out of the deal.
Judge Gloria Burns on Friday granted a request by Revel Entertainment to cancel the $110 million sale to Toronto-based Brookfield Asset Management.
The company had won a court auction for the failed $2.4 billion casino resort. But it backed out when it could not resolve a dispute with bondholders over debt from the construction of the casino’s costly power plant.
Golden Nugget to Sue Over Tax Rise
ATLANTIC CITY, N.J. — (Associated Press) - An Atlantic City casino who says its taxes would rise dramatically under a proposed tax assistance bill designed to help the struggling seaside resort says it will sue to block the plan.
The Golden Nugget says its calculations of the amount each casino would pay under a proposed payment in lieu of taxes drastically raises taxes for it, Resorts and Bally's — three of the city's smaller casinos — while giving huge tax breaks to big casinos owned or soon to be owned by billionaire Carl Icahn and gambling giant Caesars Entertainment.
New Fantasy Site PlayMLF.com Vows to be No. 1 in Two Years
WALNUT CREEK, Calif.--Fantasy sports today are where poker was 10 years ago. The scene is exploding with popularity. Huge amounts of money are being won. And new names are joining the game every week.
Disconnects at Online Poker Rooms During Tournaments May Be DDoS Attacks
The dreaded DDoS or Distributed Denial of Service attacks may be back and affecting a number of online poker tournaments across many network sites.
Carbon Poker’s recent spate of server disruptions and disconnection issues have sparked fears of a DDOS attacker deliberately disrupting games in order to steal pots, writes Philip Conneller of CardChat.com.
Equity Poker Network and PokerHost Call it a Day
Curacao, Netherlands Antilles – The EquityPokerNetwork.com (“EPN”) today confirmed the end to their business relationship with online poker room, PokerHost.com (“PokerHost”), effective as of midnight on Tuesday, December 9th, 2014.
Silkroad Founder Accused in Six Murder-for-Hire Plots: PokerStars to Offer Bitcoin?
With online gambling sites only now beginning to jump on the Bitcoin bandwagon (quite possibly PokerStars among them), some of the earlier Bitcoin startups are currently facing scrutiny, the most notorious of them all being drug bazaar Silkroad.
And now the founder of that underground company, Ross Ulbricht, is alleged to have set up at least six murder-for-hire plots.
FantasyDraft.com Debuts: Apologizes to Players Over Rough Rollout
One of the newest Daily Fantasy Sports sites, FantasyDraft.com on the Web debuted this week but the rollout didn’t exactly go as planned.
FantasyDraft.com hopes to be one of the premier sites of its kind on the Net, providing an alternative to the sector’s dominating players: FanDuel and DraftKings.com.
New Management Team Announced at Paddy Power
Paddy Power's new CEO, Andy McCue, has announced a new management line-up that includes Johnny Hartnett, who has been appointed 'managing director, Paddy Power online' and Christian Woolfenden has been appointed 'managing director, retail (UK & Ireland)'.
Woolfenden replaces McCue following his promotion as Chief Operating Officer.
Peter O'Donovan has been named the company’s new chief product officer. His role will include heading up the technology and product development departments.
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Pay Per Head Solutions for Bookies, Agents
PayPerHeadAgents.com is a wholesale reseller of per head solutions that will satisfy all of an agent and bookie’s customers gambling needs.
Fortune.com: How DailyMVP.com Landed Tom Brady
Everybody is talking about the new commercial featuring New England Patriots starting quarterback Tom Brady donning a wig to take on the roll of a telemarketer. But Fortune.com is asking: “How did a little known fantasy app land the likes of a Tom Brady?”
Tom Brady Plays a ‘Sexy’ Telemarketer in DailyMVP Fantasy Ad
A commercial featuring New England Patriots starting quarterback Tom Brady as a telemarketer was released Wednesday. Brady is touting daily fantasy sports site DailyMVP.com.
In the advertisement, Brady dons a wig and phone headset.
Betfair to Return 200 Million Pounds to Shareholders With 50 Percent Rise in Customers
(Reuters) - Online gambling company Betfair (BETF.L) plans a cash return of 200 million pounds to shareholders and higher dividend payouts after posting a 51 percent rise in first half earnings.
The firm, which operates an exchange that allows gamblers to bet against each other, said on Thursday it made core earnings (EBITDA) of 73.9 million pounds in the six months to Oct. 31, on revenue up 26 percent to 237.6 million pounds.
The revenue growth was driven by strong customer base growth, the football World Cup and favourable sports results.
Sky Sells Majority Stake in Sky Bet Online Gambling
(Reuters) - European pay-TV group Sky has agreed to sell a controlling stake in Sky Bet to CVC Capital Partners in a deal which values the online betting business at 800 million pounds ($1.3 billion).
Sky said the sale would enable it to focus on the growth areas within its pay-TV business, where it has recently expanded into continental Europe with the purchase of Sky Italia and 90 percent of Sky Deutschland.
Planned Tax Cut Could be Atlantic City’s Last Hope
(Associated Press) - Predictable tax bills for casinos and certain revenue for Atlantic City’s government are the goals of a plan unveiled this week by two New Jersey state senators looking to help the struggling seaside resort, which has seen four of its 12 casinos close this year.
The plan by state Senate President Stephen M. Sweeney, D-Gloucester, and Sen. James Whelan, D-Atlantic, would let casinos collectively pay $150 million in lieu of taxes for two years, and then $120 million a year after that, assuming gambling revenue stays at a certain level.
Ladbrokes Begins Search for New CEO
(Reuters) - British bookmaker Ladbrokes (LAD.L) said it would replace under-pressure chief executive Richard Glynn after five years in charge, seeking a new leader to help strengthen its online operations.
Shares in Ladbrokes traded almost two percent higher at 9.20 a.m. on Wednesday, reflecting hopes that the change would enable the company to close the gap on market leader William Hill (WMH.L) and compete better in the growing online sector.
DraftKings.com Enters Into Partnership With Dreadful Winless 76ers
The Philadelphia 76ers have entered into a partnership arrangement with Daily Fantasy Sports behemoth Draftkings.com. The Boston-based fantasy company already has a partnership arrangement with the New England Patriots but the 76ers represent their first NBA deal. Claim Your FREE $250 Here (use bonus code
Betfair Dumps Online Poker in New Jersey: Will Continue to Offer Casino Games
A second online gambling firm in New Jersey has shut down its poker room in so many weeks. Betfair follows UltimatePoker, which pulled out of the state entirely in October. Betfair has vowed to continue offering Internet casino games such as blackjack and slots.
A Betfair representative confirmed the closure of its online poker room to the website USPoker.com Tuesday morning.
From USPoker.com:
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3-Time Cy Young Winner Clayton Kershaw Signs on With FantasyDraft
3-time Cy Young winner LA Dodgers pitcher Clayton Kershaw has signed on to represent FantasyDraft.com, a new Daily Fantasy Sports website.
