Gambling

FanDuel, DraftKings OK With Gambling Label in UK

BOSTON (Associated Press) — Top daily fantasy sports companies are fiercely rejecting the idea that their rapidly growing industry should be considered gambling in the United States.

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Submitted by Associated Press on, Nov/15/2015

Bookies Hit Hard by Buckeyes, Spartans Covers

Two of the most wagered on sides, the Ohio State Buckeyes and Michigan State Spartans, came through with flying colors Saturday, thus handing the bookies some big losses in Week 11.

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Submitted by Don Shapiro on, Nov/15/2015

Bookie Beat Down for NFL Week 10: Packers, Panthers, Patriots and Saints

It’s pretty consistent across the board that there are four sides seeing the single most substantial action at sportsbooks during Week 10. 

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Submitted by Don Shapiro on, Nov/15/2015

Bookie Beat Down for November 14: Ohio State, MSU

Among the top three biggest threats to bookies Saturday are covers by big favorites Ohio State and MSU as well as the +3 underdog Oklahoma Sooners.

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Submitted by Tyrone Black on, Nov/14/2015

FanDuel Stops Taking Money From New York Residents

FanDuel says it has stopped accepting money from New York residents following that state’s Attorney General demand to cease taking bets there.

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Submitted by Aaron Goldstein on, Nov/13/2015

It’s Okay to Gamble on Friday The 13th: You May Even Get Lucky

Some of you will be avoiding black cats, walking under ladders and even gambling this Friday The 13th.  The black cats and ladders we can see, but staying away from gambling?

Place Your Friday The 13th Bets Here at AceSportsbook and Receive Matching Bonus Cash With Your First Bet/Deposit

Submitted by Jagajeet Chiba on, Nov/13/2015

FanDuel Going After New York Attorney General Hard: Nets Back Company

The world’s largest Daily Fantasy Sports company, FanDuel, has come out swinging against New York Attorney General Eric Schneiderman’s assertion that Daily Fantasy Sports is illegal gambling in disguise.  He has ordered both FanDuel and DraftKings to cease taking bets from New York residents.  As of late Thursday, both continue to do so.  

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Submitted by Jagajeet Chiba on, Nov/12/2015

Amaya Gaming 2015 Q3 Earnings Results

MONTREAL, Amaya Inc. ("Amaya" or the "Corporation") (NASDAQ: AYA; TSX: AYA) Tuesday reported its financial results for the three and nine-month periods ended September 30, 2015. Unless otherwise noted, all references to"$" and "CAD" are to the Canadian dollar, "US$" and "USD" are to the U.S. dollar and "€" and "EUR" are to the Euro.

Submitted by Press Release on, Nov/12/2015

Quirky New Jersey Fantasy Sports Case Decision Leaves FanDuel Optimistic

Daily Fantasy Sports giant FanDuel is citing a 2007 New Jersey Fantasy Sports case in hopes of fighting claims against it by New York’s Attorney General that what it does is “illegal gambling”.

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Submitted by Aaron Goldstein on, Nov/12/2015

New York State Legislature Finally Puts Fantasy Sports in its Rightful Place: Illegal Gambling

The cat is finally out of the bag and is being called what it is; a cat. New York State Attorney general Eric T. Schneiderman just dealt a major blow to the multibillion-dollar Fantasy Sports industry. The two titans in the industry are DraftKings and FanDuel, two companies where senior management started their careers in online gambling companies, and were professional poker players, have now been outlawed from taking fantasy “bets” in the state of New York.

Submitted by Ace King on, Nov/11/2015

Patchwork of Laws Poses Legal Quicksand for DraftKings, Other DFS Sites

SEATTLE (Associated Press) — The New York attorney general's decision that daily fantasy sports betting sites FanDuel and DraftKings are illegal gambling operations in his state is a blow to the companies, but the multibillion-dollar industry could have more legal headaches yet to come.

Submitted by Associated Press on, Nov/11/2015

Online Casino Operators Await Extradition From Israel: Behind ‘Biggest’ Hacking

Online casino operators - Gery Shalon and Ziv Orenstein – await extradition following news of further charges in a hacking scheme that affected both JP Morgan and the Dow Jones Industrial.

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Submitted by Gilbert Horowitz on, Nov/11/2015

DraftKings, FanDuel Ordered to Shut Down

NEW YORK (AP) — New York's attorney general on Tuesday ordered the daily fantasy sports companies DraftKings and FanDuel to stop accepting bets in the state, saying their operations amount to illegal gambling.

Submitted by Associated Press on, Nov/10/2015

American Gaming Association and FBI Team Up to Help Catch Some Bad Guys

The American Gaming Association, high off its chest pumping move to have powerhouse Daily Fantasy Sports companies kicked out of Nevada, has announced a joint collaboration with the FBI to go after illegal gambling operators.

Submitted by Jagajeet Chiba on, Nov/10/2015

Online Gambling Operators Face New Charges in JPMorgan Chase, Dow Jones Hack

Four individuals face new allegations that they were tied to theft of customer data through hackings at JPMorgan Chase & Co. and Dow Jones & Co.  

Two of the individuals, Gery Shalon and Ziv Orenstein, have already been charged with stock fraud.  Their online business, previously based out of Malta, have since been shuttered. 

From Bloomberg News:

Submitted by Jagajeet Chiba on, Nov/10/2015

New Director of eBusiness Appointed on Isle of Man

Jonathan Mills has been appointed the Isle of Man’s new Director of e-Business with immediate effect. He has over 30 years of experience within e-Business and is already familiar with the Isle of Man.

Submitted by Guest on, Nov/10/2015

‘Shrimp Boy’ at Center of Mob Gambling Ring Say Prosecutors

The trial of Raymond “Shrimp Boy” Chow,55, in a racketeering and murder-for-hire case began in San Francisco Monday. 

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Submitted by Jagajeet Chiba on, Nov/10/2015

Restore Americas Wire Act Gets Another Hearing for December

Gambling magnate Sheldon Adelson’s pet project, Restore Americas Wire Act or RAWA, will receive a second hearing in December.

Submitted by Gilbert Horowitz on, Nov/09/2015

Bookies Fare Well for Week 9 NFL But Miss With Patriots Cover

Bookies made out well in Week 9 of the NFL despite a New England cover with 75 percent of the backing.

New England had to cover a rather lofty number of 14 and managed to win by 17.  Most books had the Patriots as the single most wagered on side.

Others had Green Bay, who not only failed to cover, they lost outright versus Carolina.

Submitted by Dan Shapiro on, Nov/08/2015

Bookie Beat Down: LSU is the Killer Play Today

Bookies across the U.S. will be holding their breath, crossing their fingers, perhaps even smashing their television sets when all is said and done.  They will be rooting for the Alabama Crimson Tide.

Say what?

Bookies rooting for the Alabama Crimson Tide?

Submitted by Don Shapiro on, Nov/07/2015

Premier Pay Per Head’s Live Betting for Every Game, Every Day

Variety is truly the spice of life and this statement has never been more true when it comes to betting on sports. Years ago sports bettors were content with betting on the NFL “Game of the Week” or any other major sporting event that was being broadcast on national TV. That is no longer the case in today’s era of mobile technology that can stream sporting events from around the globe on a continual daily basis. Click here for more information about Premier Price Per Head services.

Submitted by Payton on, Nov/06/2015

New Jersey Resorts Casino Online Scratch Cards and a Chance to Win $2 Million

Get three scratch cards daily from the New Jersey Resorts Casino online and qualify to win $2 million from Atlantic City’s oldest casino.  

The only catch is that you must be physically located in the state of New Jersey in order to obtain your scratch cards.  Those visiting or traveling through the state can get theirs.  It’s all about being able to access the site, which cannot be done for real money if your IP is detected outside of New Jersey’s borders.

Submitted by Gilbert Horowitz on, Nov/05/2015

Premier Price Per Head Makes it Easy to Pay for Our Services

Running a sports bookmaking company as an independent agent can be a very lucrative business venture as long as you have the right Pay Per Head service in your corner. All the day-to-day administrative tasks can really start to pile-up and you need a PPH service that is there to free up your time for the most important task; supporting and growing your overall customer base.

Submitted by Payton on, Nov/03/2015

‘Secret Wife’ of Saudi King Gets $23M Payout Despite Gambling Debts

LONDON—(Associated Press) - A British judge on Tuesday ordered a huge financial payout for a woman who claims she was the “secret wife” of the late King Fahd of Saudi Arabia.

Submitted by Associated Press on, Nov/03/2015

eSports Gambling Industry Launches Preemptive Strike in Wake of Regulatory Fears

eSports gambling site Unikrn has developed a “Code of Compliance” as it relates to preventing match fixing and cheating.

The news comes just weeks after an insider trading scandal erupted within the Daily Fantasy Sports industry.

Submitted by Aaron Goldstein on, Nov/03/2015

5 Ways your current per head site is costing you money

When using or looking for a per head site it is very important to ask questions about 5 main areas in their business model. If the per head site is doing something wrong in any of those areas, there is a very high probability that they will end up costing you money.

The 5 main questions are:

1) Do they have down time during game times?

2) Do they often put up bad lines or grade wagers incorrectly?

Submitted by Payton on, Nov/02/2015

Brutal Details of New York Mafia Life Recalled in 'Goodfellas' Heist Trial

It is one of the most lurid mob trials ever.  The man behind the notorious 1978 Lufthansa heist, Vincent Asaro, is on trial on charges he helped plan the brazen robbery.  The incident would later be turned into a blockbuster film “Goodfellas”. 

Submitted by Jagajeet Chiba on, Nov/02/2015

eSports to Morph Into Over $1.9 Billion Industry by 2018

The research firm SuperData Research this week released its forecasts for the explosive growth of eSports in the U.S., with growth expected to reach over $1.9 billion by 2018.

Submitted by Aaron Goldstein on, Nov/01/2015

Harry Reid: Daily Fantasy Sports Can’t Police Itself

LAS VEGAS (Associated Press) — Nevada Sen. Harry Reid is calling daily fantasy sports sites "unregulated, illegal gambling" and says in a statement that self-regulation the industry desires won't be enough.

Submitted by Associated Press on, Nov/01/2015

NFL Players File Class Action Case Against DFS Site FanDuel

Washington Redskins player Pierre Garcon is leading a class action lawsuit for the NFL players against leading Daily Fantasy Sports website FanDuel. 

Submitted by Aaron Goldstein on, Nov/01/2015

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