Gambling and Sports Betting News Wire - August 1, 2019

Written by:
C Costigan
Published on:

Here are today's headlines in the world of gambling and sports betting as they happen - Thursday August 1, 2019.

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Civil Forfeiture Targets in B.C.'s Biggest Money-Laundering Case Deny Wrongdoing

Paul King Jin and spouse Xiaoqi Wei have filed responses to a B.C. Civil Forfeiture Office suit to seize cash and assets potentially totalling more than $8 million, including houses and a Porsche, in what is British Columbia’s biggest money laundering case.

The civil forfeiture office alleged in its lawsuit, filed this spring, that the assets and $4.86 million in cash seized in police raids in 2015, including in a gun safe in a bedroom in a luxury Richmond condo, are proceeds of crime.

Both argue the lawsuit should be thrown out.

Jin and Wei also argue in their response that searches that led to the seizures of cash and documents were a violation of their Charter rights to protect them against unreasonable searches and seizures.

“In response to the claim as a whole, the defendant pleads that at any and all material times, the manner in which the defendant has been investigated by police, along with the process by which such investigative fruits have been forwarded to and accepted by the director of civil forfeiture, was all in contravention of the defendants (charter) rights,” Jin’s lawyer, Bibhas Vaze, stated in the response.

Read More Here

Crown Junket Partner Banned From Australia

$100,500 Bet Placed on Philadelphia to Make NBA Playoffs

Pointsbet Opening Office in Downtown Denver

Only 15% of Bitcoin Left to Mine

Bitcoin has a fixed maximum supply of 21 million coins. That means the remaining quantity of 3,115,925.00 BTC is what’s left to mine in 120 years. A figure that will be reached in the year 2,140.

CNN International Talks Bitcoin 9:40 am ET

This will be on CNN International, not CNN (which most in the US get).   Check your local listings.

Our Free Picks Record August 1

2019 MLB Record: 19-13-2 (59.3%) - 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%)

Gambling News July 2019

Gambling News

Offshore Sportsbooks vs. US Sportsbooks: NFL Money Line Odds

Offshore Sportsbooks vs. US Sportsbooks: NFL Money Line Odds

Now that the new NFL season is underway, it becomes rather easy to point out one of the most glaring differences between the old-school offshore sportsbooks and US-based sportsbooks as the new kids on the block. 

FanDuel Announces Market Access Partnership with Port Madison Enterprises to Operate Sports Betting in Washington

FanDuel Group and Port Madison Enterprises are pleased to announce plans to bring America’s #1 Sportsbook to the state of Washington. FanDuel Group will form an exclusive partnership with the Suquamish Clearwater Casino Resort to bring retail sports betting to the state of Washington.

Police Report Details UFC's Jon Jones Arrest: Pulled Woman's Hair, Head Butted Cop Car

Police Report Details UFC's Jon Jones Arrest: Pulled Woman's Hair, Head Butted Cop Car

The Las Vegas Police Department released a police report detailing the circumstances surrounding the arrest of UFC fighter Jon Jones just hours before being inducted into the UFC Hall of Fame last week.

Razorback 2021-2022 Futures Odds Ahead of Week 5

Arkansas still pays out $6600 for every $100 bet to win the College Football Playoff Championship ahead of their big Week 5 game versus the Georgia Bulldogs.

CFB Betting Week 5 – Arkansas Razorbacks at Georgia Bulldogs

CFB Betting Week 5 – Arkansas Razorbacks at Georgia Bulldogs

They won’t play Alabama unless it’s for the SEC championship so the Georgia Bulldogs have to do whatever they can to make a statement. They did that last week with an impressive victory over Vanderbilt. You could say there are no easy games in the conference, but the Dawgs put that idea to bed with their 62-0 shellacking.