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Gambling and Sports Betting News Wire - June 2, 2019

Written by:
C Costigan
Published on:
Jun/02/2019

Here are today's headlines in the world of gambling and sports betting as they happen - Sunday June 2, 2019.


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11:09 pm ET - Derek McMaster Wins First Bracelet - The $1,500 Omaha Eight or Better is over and Derek McMaster has claimed his first World Series of Poker gold bracelet. He takes home $228,228 and his second-ever WSOP cash, topping a field of 853 players. Most of his cashes have come from his home state Minnesota and his previous best WSOP finish was 74th place in the 2017 $1,500 Stud Hi-Lo. Now, after winnings his first-ever WSOP final table, he now has $230,519 in career WSOP winnings.

“It was very surreal to me. I’ve just been on cloud nine since last night, all week. I was happy to be here and I enjoyed playing with these guys.”

 

1) Derek McMaster ($228,228)

2) Jason Berilgen ($141,007)

3) John Esposito ($98,807)

4) David Halpern ($70,231)

5) Joe Aronesty ($50,646)

6) Tom McCormick ($37,063)

11:00 pm EST - Bitcoin ‘Crypto-Casino’ is a Terrorist Playground: Ex-SEC Crime Czar - Attorney John Reed Stark, a cybersecurity expert who worked for 20 years at the SEC’s enforcement division. claims Bitcoin is a worthless sham that’s only useful for facilitating crime.

Stark says the Securities and Exchange Commission will soon crack down on initial exchange offerings (IEO).

He inists that "Bitcoin is a con".

From Yahoo Finance:

Basically, Stark says IEOs are just another bogus investment scam being promoted by crypto shills to take advantage of unsuspecting suckers. However, he says the SEC is aware of the recent uptick in IEO transactions and will hunt them down.

“IEOs represent yet another blatant attempt to hijack a similar-sounding acronym — IPO — in an effort to lure investors seeking to get rich quick. However, just like ICOs, the IEO has not a single element in common with the IPO (other than the first and last letters of its acronym).”  Read More Here

10:53 pm ET - Booka Take Hit With Warriors Win, Cover GM 2 gonna be biggest NBA sweat of the year. House massive Raptors fans. 75% on Warriors and pts. 81% on W's straight up. 79% on Over

7:10 pm ET - Sports Betting Bill Passes in Illinois Senate, Off to Governor's Desk Read More

11:00 am -NBA Finals Game 2 Prop Bets - Warriors vs. Raptors Free Pick - We have a free pick on this game as we back Toronto -2. 60%of the action was on Golden State, yet the books have moved this line from -1 to -2 favoring Toronto. Plus all your team props.

9:50 am - Sharp Decline in UK Gaming Machines for First Time Ever - Online gambling continues to gobble up an ever-larger share of the overall UK market, while gaming machines in betting shops saw their share decline for the first time ever.

UK-licensed operators generated gross gambling yield (GGY) of £14.5b, which the UKGC says represents a 0.4% decline from the 12 months ending March 2018 (although they originally reported GGY of £14.4b during that period.  Source: CalvinAyre.com

9:30 am - Sports Betting One Step Closer in Illinois but Sunday is D-Day - A sports betting bill in Illinois has passed in the House 87-27 and heads to the Senate on Sunday, the deadline to have any outstanding legislation passed. From there, Illinois Gov. J.B. Pritzker is widely expected to sign the measure.

Mobile and retail sports betting would be available through casinos, race tracks and sports venues (including ball parks such as Wrigley Field and stadiums like Soldier Field). 

While a controversial integrity fee has been scratched from Senate Bill 690, colleges and sports leagues will be provided with some control over types of wagers that can be offered.

Bets on Illinois college teams like the Fighting Illini and Loyola Ramblers will be prohibited.

It appears that Draftkings and FanDuel will be blocked from entering Illinois sports betting for the first 18 months.

Gambling News June 1

Gambling News May 31

Gambling News May 30

Gambling News

Can I Bet on the PointsBet Site From Colorado

You will soon be able to place sports bets on the PointsBet app from Colorado once legalized sports betting debuts some time in 2020.  Offshore sportsbooks are currently accessible from the state.

Forbes Probing Tej Kohli Who Claims Not to Have Run Online Casinos Out of CR

Forbes Probing Tej Kohli Who Claims Not to Have Run Online Casinos Out of CR

Reading past articles in Forbes, Indian-born entrepreneur Tej Kohli is depicted as a philanthroper with a vision to heal the world's blind. Forbes feels they've been duped and they've been contacted various figures within the online gambling industry in order to show Kohli has a hand in running online casinos. 

Real Bookies Review

The pay per head industry for private bookmaking software solutions continues to expand along with the tremendous growth of the sports betting industry.

Can I Bet on FanDuel Sports Betting App From My State?

Can I Bet on FanDuel Sports Betting App From My State?

As big as FanDuel may be they are only available for betting in New Jersey, Pennsylvania, West Virginia and Indiana.  They've been blocked from entering the Illinois market for the next two years. 

Did Exiled Billionaire Fund Australia’s Labor Party With Star Casino?

Did Exiled Billionaire Fund Australia’s Labor Party With Star Casino?

An exiled businessman out of China, Huang Xiangmo, is accused of dodging his tax obligations.   The Australian Taxation Office (ATO) has been probing the nation’s casinos to determine if he had any money in accounts held by the venue.

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