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Gambling and Sports Betting News Wire - August 31 2019

Written by:
C Costigan
Published on:
Aug/31/2019

Here are today's headlines in the world of gambling and sports betting as they happen - Saturday August 31, 2019.


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FoxBet Live in New Jersey

Firm Benefitting From DC Sports Betting Has No Employees or Execs

The Washington Post reports that the Greek company Intralot, which last month received a $215 million contract to bring sports gambling to the nation’s capital and to continue running its lottery, says more than half the work will go to a small D.C. firm — a condition that helped the gaming giant win the no-bid contract.

So which firm is set to receive more than half the work?

Veterans Services Corp will “perform the ENTIRE subcontract with its own organization and resources".

But how?

From the Washington Post:

Veterans Services appears to have no employees, according to interviews and District records. Until recently, the company’s website touted executives who didn’t work there. The man who leads it, Emmanuel Bailey, is a Maryland resident who is employed by an Intralot subsidiary, public records and company financial statements show.

It appears that neighboring Maryland refused to take the bait when Veterans Services sought to run that state’s lottery.

Maryland’s lottery director, Gordon Medenica, recommended against the proposal during a 2017 meeting of the Maryland’s Board of Public Works, saying the joint venture’s structure “kept changing on us.”

“We asked several times about who would be responsible for what,” he said, and Intralot “presented us with a lot of suggestions that they would be responsible for everything.”

The Washington Post covers this story in detail here

Our Free Picks Record August 31

2019 College Football Record: 1-0 (100%) - No Plays Over -160

2019 MLB Record: 26-17-2 (60.4%) - 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%)

August 30 2019

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Gambling News July 2019

Gambling News

Borgata Drops Trade Secrets Lawsuit Against Ocean Casino

Borgata Drops Trade Secrets Lawsuit Against Ocean Casino

Atlantic City’s top casino has dropped its lawsuit against a rival it accused of poaching key executives and attempting to steal valuable trade secrets.

Chinese Rocket Debris Lands in Indian Ocean at 1-3 Odds

Chinese Rocket Debris Lands in Indian Ocean at 1-3 Odds

Parts of an out-of-control Chinese rocket that towered ten stories high finally impacted the Earth during the early morning hours of Saturday (Eastern Time).

Odds of Where the Chinese Rocket Will Crash

Odds of Where the Chinese Rocket Will Crash: Land 3-1, Water 1-2

With the Earth made up of 71% water, the odds of the Chinese Long March 5B rocket debris hitting land are long.

Lakers Injuries; NBA Playoffs Props 2021

Lakers Injuries; NBA Playoffs Props 2021

BetOnline has bumped the Lakers' championship odds from +300 on Monday to +400 as of Friday, following the ankle injuries to LeBron James and Anthony Davis.

First Things You Need to Know About Starting Your Own Online Sportsbook

First Things You Need to Know About Starting Your Own Online Sportsbook

The sports betting industry is, for sure, one of the biggest and most profitable you will ever find in the modern world. Betting on sports, casino games, horse racing, and other gambling products, have become one of the most popular hobbies and fun daily activities for millions and millions of people from all over the world, and if you can get in on it and run your own operation, then you will most probably start getting a good piece of the pie. 

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