..

Recession Hits Sports Tout Business as Sevransky Home Goes Into Foreclosure

Written by:
C Costigan
Published on:
Aug/04/2010

Gambling911.com has learned that the home of well known sports handicapper Ted Sevransky has gone into foreclosure

Sevransky is a Vegas handicapper who has been interviewed by the New York Times in the past and is quoted heavlly in media.  He is the “house tout” for WhoCovers.com as well as some other sites.  Sevransky has also made a name for himself on the AM radio sports shows. 

“Apparently his capping has gone south with the economy,” commented Gambling911.com’s Thomas Somach.

Vegas in particular has been hit hard by the foreclosure crisis. 

Sevransky is not the first big name in the gambling sector who has had to deal with foreclosure.

2010 World Series of Poker finalist Michael Mizrachi lost his Hollywood, Florida home a few months prior to his big wins on the poker tournament circuit.

Mizrachi has actually won close to $2 million since the foreclosure story first broke and he is due at least another million dollars from his WSOP final table appearance come November.  

--

Jagajeet Chiba, Gambling911.com

Gambling News

Big Shifts in Odds to Win Super Bowl 57 After Week 3

Big Shifts in Odds to Win Super Bowl 57 After Week 3

Week 3 in the NFL is on the books and Dave Mason is here to run down who won big for the house and who won big for John Q. Additionally there has been some major odds changes in the Super Bowl odds. Dave runs them down for you.

WaPo: Not All Shareholders, Execs Have Stomach to Endure Years of Losses From Sportsbooks

Caesars Sportsbook has already cancelled a quarter-billion dollars in preplanned marketing campaigns while other sites may be subject to costly lawsuits.

Sac Bee Calls California Sports Betting Prop Claims of Helping the Homeless "Dodgy"

Sac Bee Calls California Sports Betting Prop Claims of Helping the Homeless "Dodgy"

Sports betting firms and state tribes are spending millions to push two separate sports betting amendments in California, but Ari Plachta of the Sacramento Bee says these advertisements have "ranged from confusing to misleading".

Entain Voted Most Socially Responsible Gambling Company

Entain Voted Most Socially Responsible Gambling Company....After Receiving Record Fine

Try not to laugh.  The £17M fine last month was specifically for "failure to adhere to social responsibility and anti-money laundering (AML) safeguards."

How Much Will Spanky Odds Cost?  Free Until the 2023 Super Bowl

How Much Will Spanky Odds Cost? Free Until the 2023 Super Bowl

"I don’t know when (sometime after the SuperBowl) and how much I’m gonna charge. All I’m focused on is getting better and ultimately becoming the best."

Syndicate