Gambling and Sports Betting News Wire - October 4, 2019

Written by:
C Costigan
Published on:

Here are today's headlines in the world of gambling and sports betting as they happen - Friday, October 4, 2019.

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Doug Polk Digs Deep Into Mike Postle Cheating Allegations

Mike Postle has had an incredible string of wins on the live streamed cash games at Stones Hall in California. In fact, it's drawn suspicions and accusations that he may have been cheating all this time. Today we're going to do a deep dive into the evidence and take a look at some of the insane poker hands that caused so much controversy. Veronica's hand compilation - Joey's 5-hour hand review

William Hill to Provide Sports Betting at Capital One Arena in DC

(October 4, 2019) - From the Financial Times:

Ted Leonsis, a US sports mogul, has signed a deal with the UK bookmaker William Hill to provide sports betting in his Washington DC stadium, as European gambling companies expand in the US.

It will be the first “sportsbook” — the US equivalent of a betting shop — built in a professional stadium in the US since the Supreme Court ruled to legalise sports betting in May last year.

Matusow Defends Mike Postle as Cheating Scandal Stuns Poker World

(October 4, 2019) -

Read More About Cheating Scandal Here

The Life and Death of 5Dimes Owner Profiled

David Hill of Victory Journal profiles the founder of 5Dimes, Sean “Tony” Creighton and his tragic death.

This is a really prestigioius digital magazine.

Victory Journal is a print and digital publication devoted to the intersection of sport and culture. Victory spotlights the drama of sport and the enduring glory of athletic pursuits the world over.

Calling on an elite roster of like-minded contributors, Victory provides a forum for work that is unapologetically enthusiastic and uncompromisingly human. Through extensive reporting, probing personal essays, award-winning photography, illustration, and original films and animations, Victory embraces both classic storytelling methods and those just beginning to emerge.

Here is an excerpt from this terrific piece, which can be read in full below.

The police knew Creighton. At least, they knew him as “Tony,” the name everybody in Costa Rica knew him by. Creighton, the owner of the enormous online sportsbook 5dimes, was one of the most powerful and wealthy people in Costa Rica. His business, while legal in Costa Rica, was against the law in the United States, where Creighton was a citizen. So he had spent much of his adult life in Costa Rica, marrying a local and fathering two children along the way. He had also grown rich beyond his wildest dreams.

Creighton wasn’t pulled over because he was speeding or breaking any other law. The cops had been waiting for him. They were dirty. And they were after his money. A grey pickup truck soon pulled up alongside of Creighton’s Porsche Cayenne. Four men got out and forced Creighton into the truck. One of the kidnappers took off in the Porsche in one direction, and the truck took off in another.

Creighton had always kept a low profile in Costa Rica. Despite his fabulous wealth, he dressed casually, t-shirts and sandals were a standard uniform. He drove himself. He rarely used security guards. He took great pains to not be photographed. He kept his name off of his company’s records. And he never let anyone in Costa Rica know his real name. His colleagues and customers only knew him as “Tony.” And for nearly two decades this had served him well, kept him under the radar and safe from both the law and the outlaws alike. On this night, however, a coalition of both had caught up to him. “5dimes Tony” had been kidnapped.

Our Free Picks Record October 4

2019 NFL Record: 2-5 (0%)

2019 College Football Record: 2-1 (66.6%)

2019 MLB Record: 26-18-2 (59%) - 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%)

October 3, 2019

October 2, 2019

October 1, 2019

September 2019

August 2019

Gambling News

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. 

Gambling Company Stocks Tanking, Calls for Ban on Team Sponsorship Deals

Gambling Company Stocks Tanking, Calls for Ban on Team Sponsorship Deals

Investors appear concerned over Penn National's “free” customer acquisition through the Barstool brand, and DraftKings spend to acquire its customers.

Sports Betting Set For Explosive Growth in 2021:  CEOs Share Outlook

Sports Betting Set For Explosive Growth in 2021: CEOs Share Outlook

Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: MGM Resorts International (NYSE: MGM), FansUnite (OTC: FUNFF) (CSE: FANS), fuboTV (NYSE: FUBO), and DraftKings (NASDAQ: DKNG).

Can Weed Help Build Atlantic City?

Can Weed Help Build Atlantic City?

Rebuilding the iconic Atlantic City Boardwalk to enable it to survive future severe storms; improving the look of the city’s main downtown business districts; helping people in underserved communities, and embracing the “blue economy” of the ocean are among recommendations from a state-appointed panel studying ways to improve the seaside gambling resort.

Poker Player, Sports Bettor Jailed for 14 months in $1million Tax Evasion Case

Poker Player, Sports Bettor Jailed for 14 months in $1million Tax Evasion Case

A Connecticut sports bettor and part-time poker pro has been sentenced to 14 months in prison for evading taxes on more than $1million of poker gambling winnings.  He must also pay back more than $800,000.