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?

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Submitted by Jagajeet Chiba on,

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,

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,

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,

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,

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,

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,

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,

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,

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:

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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.

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‘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,

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,

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,

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,

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

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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.  

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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,

‘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,

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,

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,

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,

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,

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.

Reid was responding Friday to an open letter released a day earlier from FanDuel CEO Nigel Eccles.

Submitted by Associated Press on,

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,

Bookies Worst Nightmare: Cardinals, Seahawks, Packers

Earlier NFL games feature action that is mostly balanced with one notable exception.

Bookies will be rooting against the Arizona Cardinals covering a 6-point spread in Cleveland.  This game was seeing better than 85 of the action going towards the Cards.

Submitted by Don Shapiro on,

Unsolved Mysteries of Gambling Part 5: Where in the World is WSEX’s Jay Cohen?

Where is Jay Cohen?

Internet sports betting's biggest bandit has seemingly disappeared off the face of the earth, ever since the online sportsbook he co-founded, World Sports Exchange, went belly up in 2013 and stiffed hundreds of customers out of thousands of dollars.

His whereabouts and what happened to him are questions pondered by many of those who were stiffed, and are the subject of the latest installment in Gambling 911's continuing series, "Unsolved Mysteries of Gambling."

Submitted by Thomas Somach on,

72-Year-Old Bookie Heading to Prison, Admits ‘Enforcer’ Role

A 72-year-old Cheektowaga, New York man has confessed to threating a local gambler with physical violence if he didn’t make good on a debt.

The FBI got involved after the gambler, Thi C. Nguyen, approached them about the threats made by Eric Battistoni.

“He would testify that the tone of that conversation indicated violence would be used to settle the debt,” Assistant U.S. Attorney Anthony M. Bruce said of the unidentified gambler.

Submitted by Jagajeet Chiba on,

The Future of Daily Fantasy Leagues in the United States

The tremendous rise in popularity of one-day fantasy online sports betting leagues over the past few years has fueled the ongoing debate as to whether or not they should be considered skill-based contests or another form of sports betting.

Submitted by Matt Skinner on,

17 People Tied to Illegal Offshore Sports Betting Ring Indicted

A Queens grand Jury has indicted 17 people from three states in connection to the operation of an illegal sports betting ring.

Those charged reside in New York, California and Nevada.  Some of those named in the indictment were still being sought.  Fourteen people, including three people from New York state, are in custody. Authorities say the remaining three are still being sought.

The illegal sports betting site was operated out of Panama City, Panama using the domain name 365Action.com.

Submitted by Jagajeet Chiba on,