Gambling
Las Vegas Attempts to Tame Rowdy Street Performers
LAS VEGAS — (Associated Press) - A bawdy gauntlet of street performers and tip-seeking costumed characters crowding Las Vegas’ Fremont Street have been driving tourists away, city leaders said today as they moved toward imposing new rules to rein in the rowdy atmosphere.
‘Frankie The Flea’, ‘The Worm’ and Other BetEagle Agents Lead to Owner’s Sentencing
The owner of long established Costa Rica-based online and call center bookmaker BetEagle.com has been sentenced to 18 months behind bars by a U.S. District Court judge.
High Stakes Gamblers Were Allowed to Abuse Dealers, Throw Bananas, Urinate on Walls
Transcripts of a May hearing before the Mohegan Sun tribal gaming commission reveal that high rollers were allowed to abuse dealers, urinate on walls, throw bananas at fellow gamblers and expect rules to be bent at the tables.
Notorious Philly Mobster’s Son Sentenced to 30 Years in Racketeering Conspiracy
The son of notorious Philadelphia mobster Nicodemo Scarfo has been sentenced to 30 years in prison for racketeering.
Nicodemo Scarfo Jr. is accused of stealing $12 million from shareholders of a publicly traded Texas financial firm.
The younger Scarfo allegedly used false SEC filings and made threats to cause economic harm as a form of shaking down existing company management. His father was sentenced to 55 years for a similar crime.
Ifrah, Brennan to Discuss Regulating DFS Sector as Nevada Prepares to Take Action
The American Gaming Association considers Daily Fantasy Sports gambling. As such they believe it should be licensed and regulated….by them of course.
David Payne Purdum of ESPN broke the news via Twitter Monday:
Nevada Gaming Control chairman AG Burnett has begun legal analysis of daily fantasy sports and welcomes communication from DFS operators.
CNBC: Growth of Daily Fantasy Sports Exploding
(Gambling911.com Fantasy Sports Wire) - Just how much is being spent now compared to past years?
According to the Fantasy Sports Trade Association, the spent person spent $95 annually on Fantasy Sports. In 2015 that number more than quadrupled to $465.
Adam Krejcik of Eiler’s Research will be speaking at the Daily Fantasy Sports Expo next week. Appearing on CNBC, he noted that neither of the top two Daily Fantasy Sports companies – Draftkings or FanDuel – have yet to turn a profit.
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No More Blackjack at Seminole Hard Rock Casino If State has its Way
TALLAHASSEE, Fla. — (Associated Press) - Florida and the Seminole Tribe of Florida seem headed for a showdown about the operation of the tribe's successful casinos.
A five-year deal authorizing blackjack and other types of card games at casinos such as the Seminole Hard Rock Hotel & Casino in Tampa and Hollywood expires Friday.
The state's top gambling regulator wrote a letter to the tribe chairman Monday asking for a meeting where tribal leaders are expected to give state officials a timeline for closing down blackjack tables.
Strict Fire Codes Saved Lives at Cosmo This Weekend: A Look Back at the Worst US Hotel Fires
A Saturday afternoon fire on the rooftop of the Cosmopolitan Hotel on the famed Las Vegas Strip could have been far more destructive to both lives and property.
DraftKings, FanDuel to Reward Billions in Contest Prize Money in 2015
Leading Daily Fantasy Sports sites Draftkings and FanDuel are prepared to dole out billions in prize money this year.
The news comes as DraftKings announced it had secured another $300 million in funding on Monday.
Whitey Bulger Attorney Wants Racketeering Conviction Overturned
BOSTON – (Associated Press) - Lawyers for a Boston gangster have asked an appeals court to overturn his racketeering conviction, saying his trial was unfair.
One of James "Whitey" Bulger's lawyers argued Monday before the 1st U.S. Circuit Court of Appeals that Bulger's right to a fair trial was violated when he was barred from testifying about his claim that he received immunity from a federal prosecutor.
He also argued that prosecutors didn't turn over information about certain details of an agreement he says they had with a hit man who was a key witness against Bulger.
Gambling Firm GVC Continues to Pursue Bwin.Party With $1.55 billion Bid
(Reuters) - Online gambling firm GVC Holdings Plc returned on Monday with a new 1-billion-pound ($1.55 billion) bid for rival Bwin.party Digital Entertainment, looking to gatecrash a recently accepted offer from 888.
Sportsbook.ag Enters Daily Fantasy Sports Space
Sportsbook.ag, the largest North American facing online sportsbook in terms of volume of customers, has entered the Daily Fantasy Sports market.
Disaster Averted at Vegas Cosmo: Fake Palm Trees and Cabanas Were Fire Hazards
A massive fire on the rooftop pool deck of Las Vegas’ sprawling Cosmopolitan Hotel and Casino was only made worse by the fake palm trees and cabanas, fire officials ruled.
FastFantasy.com Review Added to DFS911.com: CEO to Speak at DFSE
FastFantasy.com is a soon-to-launch Daily Fantasy Sports site captained by long time friend of the Gambling911.com website, Joe Brennan, Jr.
Massive Fire at Cosmo Hotel on Las Vegas Strip Engulfs 14th Floor Pool Deck
Plumes of smoke billowed across the Las Vegas Strip Saturday afternoon as a fire raged on the 14th floor pool deck of the sprawling Cosmopolitan Hotel, also known as simply The Cosmo.
An unknown number of guests have been evacuated from the 3000-room resort. There were no immediate reports of any injuries while damage estimates are not yet known.
"Alarms started going off and it became really chaotic.," a hotel guest from Los Angeles told CNN, "It's pretty crazy over here. There are fire trucks everywhere."
The Ultimate Miami Hot Spots Guide for Daily Fantasy Sports Expo 2015
It’s our home stomping ground and nobody knows better the top hot spots for those attending the upcoming Daily Fantasy Sports Expo than Gambling911.com.
ESPN Looks Behind the NFL’s Anti-Gambling Stance
This week, Gambling911.com reported on how the NFL was cited in recent Court documents as having suggested sports betting to be a game of skill rather than a game of chance.
Affective and RevenueJet Affiliate Owners Indicted for Fraud
Two Israeli online gambling operators indicted for money laundering, fraud and identity theft ran two of the more lucrative affiliate programs tied to numerous online casino brands.
Disgraced Former Banker Will Now Head Up Ladbrokes Coral Business
With Ladbrokes primed to merge with Gala Coral in the coming weeks, the new firm’s CEO has already been selected and it is none other than disgraced one-time banker Andy Hornby.
Fanwars CEO to speak at the Daily Fantasy Sports Expo in Miami Beach
New York, NY--Ticonderoga Ventures, Inc. announces that Fanwars.com CEO will speak at the Daily Fantasy Sports Expo ( www.fantasysportsexpo.com ) on August 6-7, 2015 at the Miami Beach Convention Center.
Kevin De Vincenzi, CEO of Fanwars, will participate in several controversial panels during the 2 day event.
Israeli Men Tied to JP Morgan Hacking Involved in Online Gambling
The Israeli online gambling sector, long prominent and pioneering, took a major hit this week when it was revealed that hackers from that nation had ties to Web gambling.
An indictment was filed in New York against Israeli citizens Gery Shalon, 31, and Ziv Orenstein, 40. Charges include money laundering, identity theft and fraud.
Both men are accused in the brazen 2014 database hacking of U.S. based bank JP Morgan.
Las Vegas Sands Misses Forecast: CEO Adelson Says It Could Have Been Worse
LAS VEGAS — (Associated Press) - Las Vegas Sands Corp. on Wednesday reported second-quarter earnings of $469.2 million, a 30 percent drop compared to the same period a year ago.
Still, Las Vegas Sands CEO and Chairman Sheldon Adelson called the quarterly results a solid set of financials considering the challenges the company has faced in Macau where a government corruption crackdown has led to a significant downturn in gambling in the Asian enclave.
Italy Seizes Assets Worth $2.95 Billion Belonging to the Mafia
Italian police have seized assets worth up to $2.95 billion said to belong to organized crime in the latest sting against The 'Ndrangheta.
Italy’s most powerful crime syndicate controls much of Europe’s cocaine trade, more than 1500 betting shops, 82 online gambling sites and some 60 other companies engaging in so-called “sin industries”. Profits from the trade, which is worth billions, were laundered through the gambling empire.
Lawsuit Says NFL Threatened Players Planning to Attend Fantasy-Themed Event
DALLAS — (Associated Press) - A company partly owned by Tony Romo sued the NFL on Tuesday over a canceled fantasy football event in Las Vegas that was to involve the Dallas quarterback and other star players.
The Fan Expo LLC alleged in a lawsuit filed in Dallas County that the league intimidated players with threats of fines and suspensions if they attended what the NFL said was a gambling-related event because it was to be held at a facility associated with a casino.
Live In-Play Betting Concept Coming to Daily Fantasy Via Boom Shakalaka
A start-up in the world of Daily Fantasy Sports with a cool sounding name, Boom Shakalaka, hopes to capitalize on a concept that now accounts for over half the amount of volume at some online sportsbooks.
China Feared Sheldon Adelson Casinos Used by CIA to Snare Officials
A report, uncovered by the Investigative Reporting Program at the University of California, Berkeley, suggests the CIA was using Macau casinos, including those owned by billionaire casino magnate Sheldon Adelson, to entrap Chinese officials who may have been gambling with public money.
Run a Daily Fantasy Sports Site in States Where it is Illegal: Tax Free to Boot
Gambling911.com would never encourage its readers to engage in illegal acts such as circumventing local state laws or avoid paying taxes. But what if we told you there is indeed a way to operate a Daily Fantasy Sports website in one of a handful of states where the activity is not permitted, all while paying zero money in taxes?
Shocking Discovery: US Justice Dept, NFL Say Sports Betting is Skill-Based
ESPN has uncovered court documents revealing opinions by both the U.S. Justice Department and the NFL that sports betting is more a game of skill than chance, an important legal distinction that could shape the expanded legalization of wagering on American sports. Skill-based contests are also more likely to be permitted under U.S. law.
‘Dead Trigger 2: eSports Tournament’ Offers Gambling Element
Cashplay and Gamblified have teamed up to introduce zombie-laced “Dead Trigger 2: eSports Tournament”, allowing players globally to compete for real money prizes.
“Dead Trigger 2: eSports Tournament” has opponents attempting to survive and killing off as many zombies as possible.
Bwin.Party Bidding War Not Over as GVC Considers New Takeover Bid
(Reuters) - Online gambling firm GVC Holdings Plc (GVC.L) could make another attempt to buy peer Bwin.party Digital Entertainment (BPTY.L), just days after Bwin accepted a 900 million pound offer from 888 Holdings Plc (888.L).
GVC said on Tuesday it was considering its options regarding Bwin, but there was no certainty it would make a new offer.
