Gambling
Planned Tax Cut Could be Atlantic City’s Last Hope
(Associated Press) - Predictable tax bills for casinos and certain revenue for Atlantic City’s government are the goals of a plan unveiled this week by two New Jersey state senators looking to help the struggling seaside resort, which has seen four of its 12 casinos close this year.
The plan by state Senate President Stephen M. Sweeney, D-Gloucester, and Sen. James Whelan, D-Atlantic, would let casinos collectively pay $150 million in lieu of taxes for two years, and then $120 million a year after that, assuming gambling revenue stays at a certain level.
Ladbrokes Begins Search for New CEO
(Reuters) - British bookmaker Ladbrokes (LAD.L) said it would replace under-pressure chief executive Richard Glynn after five years in charge, seeking a new leader to help strengthen its online operations.
Shares in Ladbrokes traded almost two percent higher at 9.20 a.m. on Wednesday, reflecting hopes that the change would enable the company to close the gap on market leader William Hill (WMH.L) and compete better in the growing online sector.
DraftKings.com Enters Into Partnership With Dreadful Winless 76ers
The Philadelphia 76ers have entered into a partnership arrangement with Daily Fantasy Sports behemoth Draftkings.com. The Boston-based fantasy company already has a partnership arrangement with the New England Patriots but the 76ers represent their first NBA deal. Claim Your FREE $250 Here (use bonus code
14 Charged in Multi-State Sports Betting Bust
14 individuals have been charged with running a multi-state sports betting ring. Arrests were made in New York, New Jersey and Florida.
Rockland County, NY District Attorney Thomas P. Zugibe also seized $3 million from the business, which is alleged to have taken in millions of dollars per month.
Betfair Dumps Online Poker in New Jersey: Will Continue to Offer Casino Games
A second online gambling firm in New Jersey has shut down its poker room in so many weeks. Betfair follows UltimatePoker, which pulled out of the state entirely in October. Betfair has vowed to continue offering Internet casino games such as blackjack and slots.
A Betfair representative confirmed the closure of its online poker room to the website USPoker.com Tuesday morning.
From USPoker.com:
Những người ghi cá độ trong vùng San Diego cho người Việt Nam
Có rất nhiều người ghi cá độ nói tiếng Việt trong vùng San Diego cũng như có nhiều trung tâm chăm sóc khách hàng đã chuẩn bị để xử lý kinh doanh cho họ. PayPerHeadAgents.com là một doanh nghiệp Trả Theo Đầu Người như thế.
3-Time Cy Young Winner Clayton Kershaw Signs on With FantasyDraft
3-time Cy Young winner LA Dodgers pitcher Clayton Kershaw has signed on to represent FantasyDraft.com, a new Daily Fantasy Sports website.
Grandma Gets Spared the Pokey After Gambling Away Stolen $250k
An Auckland, New Zealand grandmother has been sentenced to one year home detention after stealing $200,000 from her employer to help support her gambling addiction.
Gambling Revenue Falls in November
(Reuters) - Gambling revenue in the world's biggest gambling hub Macau fell 19.6 percent in November on an annual basis, the sixth consecutive drop, as China's pervasive war on corruption and slowing economic growth damp the appetite to wager.
Gambling revenue from Macau's 35 casinos fell to 24.3 billion patacas ($3.04 billion) in November, the fifth consecutive monthly decline, from 33.5 billion patacas a year earlier, according to data released by the Macau government on Monday.
Analysts were expecting a decline of 18 percent to 21 percent.
Do Sports Bettors Convert Into Daily Fantasy Sports Players and Vice Versa?
For those of you wondering whether a sports bettor can be converted into a fantasy player, the answer to this question is a resounding YES.
The same has not always held true for season long fantasy leagues, however, as online sportsbooks trying to capture that market have learned in past years.
Hustler Wants to be First Strip Club With Sportsbook: Free Lap Dances for Winners
The Hustler strip club, founded by infamous publisher and porn peddler Larry Flynt, has filed an application with the Nevada Gaming Commission to become the first strip club offering a sportsbook. Claim Your FREE $250 Here (use bonus code G911).
Isle of Man Issues Statement on UK’s Point of Consumption Tax
In response to the introduction of Point of Consumption tax on Monday 1st December 2014, please find the below statement from Peter Greenhill, head of e-gaming for the Isle of Man Department of Economic Development:
Canada Foreign Online Gambling Licenses Could Be Coming Soon
In Canada, all online gambling issues are handled on the provincial level. What this means is that the federal government doesn't have much say in what goes on, and as an industry, the goal is to use it to pad provincial revenue figures. One problem with this approach is that foreign operators who are not licensed by the provinces and who are not paying provincial taxes are able to operate more or less freely while the province-operated games suffer.
Japan Gambling Bill fails
A bill that would have legalized casino gambling in Japan recently died when Prime Minister Shinzo Abe dissolved parliament to call a snap election.
Philly Mobster Turns Florida Maître d': Serves Up $14 ‘South Philly Beet Down’
BOCA RATON, Fla. (Associated Press) — A woman took Joseph Merlino's hand and towed him across the marble floor to her friends, who fussed over him, cooing.
Thai Prince Wants Wife’s Family Stripped of Royal Name: Tied to Gambling Scheme
Thailand Crown Prince Vajiralongkorn has requested that the Thai government strip his wife’s family of their royal name in the wake of a series of corruption arrests tied to gambling and smuggling rackets.
Princess Srirasmi Akharaphongpreecha is Crown Prince Vajiralongkorn's third wife, and the pair married in 2001. They are expected to divorce.
The princess’s uncle, a senior police general, was arrested over accusations of amassing vast wealth through the smuggling and gambling rings.
How Do I Play Daily Fantasy Sports: Salary Cap Games and More
You have heard all the rage about Daily Fantasy Sports but how many of your actually know how to play?
Kansas Man Who Robbed Bellagio Found to be Unfit for Trial
LAS VEGAS (Associated Press) - A 34-year-old Kansas felon has been declared psychologically unfit for trial in federal court in the July armed robberies of a Las Vegas Strip casino cashier and a bank.
Trial was canceled Friday for Scott Alan Carmitchel on charges of interference with commerce by robbery at the Bellagio and armed robbery of a City National Bank branch.
Class Action Lawsuit Filed Against FanDuel.com
A class action lawsuit was filed in the U.S. District Court for the Southern District of Florida this week against one of the largest fantasy sports sites FanDuel.com.
Bozo The Clown Sidekick May be the Man to Save the Taj Mahal
Magician Herbert L. Becker, a one time sidekick to the famed clown Bozo, may be the one to save Taj Mahal.
Leagues Demand $3.4 Million Back From NJ Sports Betting Case: More to be Spent
The NFL, NBA, NHL, MLB and NCAA are asking for $3.4 million from the Courts for the bond they placed on New Jersey’s Monmouth Park Racetrack to prevent them from offering sports betting this fall.
Foxwoods Cuts Back on Gambling
HARTFORD, Conn. - (Associated Press) - Foxwoods, the largest casino resort in North America, is reducing its number of slot machines and table games to free up space for nightclubs and other new attractions as it adapts to fierce competition, the new CEO said in an interview with The Associated Press.
Huckabee Gearing Up for US Presidential Run: Does Adelson’s ‘Dirty Work’
Fox News television host and 2008 US Republican Presidential candidate Mike Huckabee is reportedly preparing to run again in 2016.
Six Men Charged With Plotting to Beat Up Man to Collect $40K Gambling Debt
Six men have been charged with plotting to beat up a Chicago area restaurant worker in an effort to collect $40,000 gambling debt.
Prosecutors claim that five of the six individuals have been charged with assault.
They knocked him to the ground and punched and kicked him, prosecutors charged in an indictment returned last week.
Last Minute Reprieve for Taj Mahal as Icahn Ready to Make Union Concessions
Carl Icahn, the Taj Mahal’s largest debtholder, has decided to make some concessions to unions after all.
Caesars Receives Notice of Default From UMB Bank
Caesars Entertainment Corp. said on Monday that its main operating unit received a notice of default from UMB Bank last week at a time when the gambling firm is seeking creditor approval for a potential real estate investment trust plan. Caesars called the UMB claims “meritless”.
DraftKings Outage Could Not Have Come at Worst Possible Time: Refunds Promised
One of the world’s largest daily fantasy sports sites, Draftkings.com, experienced a disastrous power outage on Sunday during Week 12 of the NFL. The company is expected to lose hundreds of thousands of dollars as a result. Worse still, Draftkings.com advertised throughout Sunday’s NFL games.
The issues were deemed as “Connectivity Issues” apparently starting just minutes before the early afternoon games.
Dallas Bookies: Fort Worth Loving Their TCU Horned Frogs
Dallas bookies and those residing in the Fort Worth area must be smiling these days. Their Cowboys, Mavs and Horned Frogs are winning as we head into the winter period of 2014-2015. This is great for local bookies and Pay Per Head businesses alike.
DailyMVP.com Hits the Daily Fantasy Sports Market Minus the Salary Cap
The latest installment in the fast growing daily fantasy sector is DailyMVP.com, a site that looks to distinguish itself from the rest of the pack by offering fantasy sports without the salary cap platform found at other sites.
New York Post: Meet the Man Who Makes Six Figures Off Fantasy Sports
“It was the craziest thing,” 24-year-old Brooklynite Mark Guindi tells the New York Post. “I wake up one day, put up a $25 entry fee, and I make 12,000 bucks.”
