Trending News Stories in the World of Gambling - November 12, 2022 (1 pm)

Written by:
Jagajeet Chiba
Published on:

Tom Brady's FTX Connection

Much of the news in the world of poker and cryptocurrencies involves the collapse of the digital currency exchange FTX.  And now there's a new wrinkle....Tom Brady.

Brady, Steph Curry and Kevin O’Leary are all reportedly set to lose big from Friday's FTX bankruptcy filing.

The Tampa Bay starting quarterback and seven times Super Bowl champ received an equity stake in the exchange.

“It’s an incredibly exciting time in the crypto-world and Sam and the revolutionary FTX team continue to open my eyes to the endless possibilities,” Brady said in 2021. “This particular opportunity showed us the importance of educating people about the power of crypto while simultaneously giving back to our communities and planet. We have the chance to create something really special here, and I can’t wait to see what we’re able to do together.”

FTX CEO Sam Bankman-Fried warned investors on Wednesday that the exchange had a $8 billion shortfall and that FTX would require emergency funding.  That emergency funding was yet to come as of Saturday.

The poker community was shocked to learn this week that FTX's head of regulatory compliance was tied to a high profile 2008 poker cheating scandal despite our friends over at CoinGeek having reported on this rather terrifying revelation last year already.

Mattress Mack is Ready for Primetime

First Jimmy Kimmel, then GMA, and following that up with ESPN.  Houston furniture mogul Jim McIngvale, known affectionately as "Mattress Mack", has made the rounds of all the big name media outlets following his entertaining presence during this year's World Series.

Now he's set to truly make it to the big (ahem).

Our own Thomas Somach sits down with Mack to discuss his beloved Houston Astros winning another World Series.

"We spoke for over an hour," Somach tells us as he anticipates the interview going live on the website Monday.

We spoke with the beloved Houston icon last year but Mack's Astros came up short against Atlanta in that World Series.

Mack won big this time around.

33 Detained in San Antonio Gambling Raid

Nearly 60 gambling machines were confiscated and 33 individuals taken into custody following an eventing raid of two illegal San Antonio gambling dens.

Deputies were called to both locations around 5 p.m. Thursday -- one in the 2500 block of West Woodlawn Avenue and one in the 100 block of Esma.

Eighteen people, both employees and customers at the Woodlawn location, were detained after deputies found roughly 40 eight-liner gambling machines.  They also found a stolen vehicle parked at the establishment.

“There are organized crime ties to this location as well as the other,” Bexar County Sheriff Javier Salazar said.

The two businesses are believed to be linked.

- Jagajeet Chiba,

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