Gambling News

Mass AG Says Regulation of Daily Fantasy Sports Sector Necessary

BOSTON — (Associated Press) - Massachusetts Attorney General Maura Healey says there’s little question that fantasy sports websites need to be regulated to protect consumers.

Submitted by Associated Press on, Oct/19/2015

FanDuel Announces Petition Drive: ‘Let Us Play’

One of the leading Daily Fantasy Sports sites, FanDuel, has come out swinging against legislatures who say what it and other DFS sites are doing is simply another form of illegal online gambling.

The petition drive notes:

Submitted by Aaron Goldstein on, Oct/19/2015

DraftKings Legal Counsel Probe Claims Employee Did Nothing Wrong

In the course of its investigation, the powerful Miami-based law firm of Greenberg Traurig, LLP (“GT”), issued the following conclusion, which has since been released to the public:

1)

Submitted by Aaron Goldstein on, Oct/19/2015

Georgia State Lottery Demands Answers From DraftKings, FanDuel

ATLANTA (Associated Press) -- Georgia Lottery officials are questioning whether the daily fantasy sports industry can legally operate in the state.

Submitted by Associated Press on, Oct/19/2015

Amaya Halts Operation of StarsDraft in Most States Pending Regulation

MONTREAL, Canada – October 19, 2015 – Amaya Inc. (Nasdaq: AYA, TSX: AYA) (“Amaya”) has announced that it is limiting its daily fantasy sports (“DFS”) brand StarsDraft from operating real money games and tournaments in most U.S. states following a review of recent developments in a number of jurisdictions.  The decision is not anticipated to have a negative financial impact on Amaya.  StarsDraft players in all jurisdictions will continue to have access to the funds in their online accounts, which are available for withdrawal at any time.

Submitted by Press Release on, Oct/19/2015

Calvin Ayre Reappears: To Participate on Panel Discussing 'Century of Gaming'

Calvin Ayre, the Canadian entrepreneur and founder of the Bodog entertainment brand, has confirmed that he will participate in the panel discussion “Century of Gaming” on the 17th November at MIGS 15, in Malta at the Corinthia Hotel in St. Julian’s.

Mr. Ayre grew Bodog into one of the global gambling industry’s most recognized and trusted brands, earning him a spot on the cover of Forbes’ 2006 Billionaires issue.

Submitted by Press Release on, Oct/19/2015

Trial of Lufthansa Heist Mobster to Begin Monday

NEW YORK (Associated Press) -- For decades, prosecutors say, Vincent Asaro managed to keep his role in an infamous mob heist immortalized in the hit movie "Goodfellas" hidden from the outside world while others of his generation were locked up or died gangland deaths.

Submitted by Associated Press on, Oct/18/2015

Bookies Make Out Big With Browns, Steelers, Colts Covers

The Indianapolis Colts were the icing on the cake for a great NFL Sunday for bookies, a bad one for the gambling public in Week 6.

“Outside of New England having to cover -9.5 to -10.5, Denver was the top play for the earlier part of the day,” noted Don Shapiro of Gambling911.com prior to that Sunday Night Football cover by the Colts.  “While the Broncos did ultimately win, they only did so by a field goal, failing to cover the 4.5 spread.”

Submitted by Mary Montgomery on, Oct/18/2015

DraftKings CEO Admits What They Do Is Gambling

LAS VEGAS (Associated Press) — As more states scrutinize the daily fantasy sports industry, the office of Nevada's attorney general said it used DraftKings' own words and online images as evidence the sites qualify as gambling.

Submitted by Associated Press on, Oct/17/2015

Breaking News: Florida Subpoenas Fantasy Sports Trade Association

The prosecutor’s office out of Tampa, Florida has subpoenaed the Fantasy Sports Trade Association to produce copies of its board-meeting minutes.

Submitted by Aaron Goldstein on, Oct/16/2015

UK Veteran Strikes it Big With Record-Setting Mega Moolah Jackpot Win

This month lady luck smiled upon a 26 year old UK man, who ended up winning the Microgaming Mega Moolah progressive jackpot for a record-setting £13,213,838.68 (which translates to €17,879,645.12), the largestprogressive jackpot ever won online.

Submitted by Payton on, Oct/16/2015

Wynn Shares Fall More Than 8 Percent Following Disappointing Results

Wynn Resorts shares fell 8.4% to US$67.59, a day after the casino operator reported third-quarter results below expectations. Las Vegas Sands fell 2.8%.

The company said its net income and revenue declined primarily due to a 37.9 decrease in revenue from the company's two Macau casinos.

Submitted by Aaron Goldstein on, Oct/16/2015

DraftKings, FanDuel Ordered Shut Down in Nevada

LAS VEGAS — (Associated Press) - Nevada regulators have ordered daily fantasy sports sites like DraftKings and FanDuel to shut down, saying they can’t operate in the state without a gambling license.

Submitted by Associated Press on, Oct/15/2015

ACR CEO Talks Decision to Lower GTD for Million Dollar Sundays

We got Americas Cardroom CEO Phil Nagy talking about his decision to reduce the GTD for the Million Dollar Sundays event as well as the decision to extend it into November.  You can chat live as well.

Submitted by Ace King on, Oct/15/2015

‘Accidental Godfather of Fantasy Sports’ Feels Guilty and Maybe Bitter

In DFS911.com’s continuing series “Daily Fantasy F***ed” reporter Pauly Mosconi looks at the man who invented Fantasy Sports, Dan Okrent.

Submitted by Payton on, Oct/15/2015

Despite Growing Up in Vegas, Presidential Candidate Marco Rubio Hates Gambling

Things are shaking out in the race for the Republican presidential nomination.

Jeb Bush and Chris Christie have flamed out.

Scott Walker and Rick Perry have dropped out.

But one candidate who has been making out well of late is Florida senator Marco Rubio, whose appearances in recent candidates' debates have elevated his standing in the polls.

Submitted by Thomas Somach on, Oct/15/2015

DOJ, FBI Begin Investigation Into Daily Fantasy Sports

The Wall Street Journal is reporting that the DOJ and FBI are in the early stages of investigating the explosive Daily Fantasy Sports sector.

Submitted by Tyrone Black on, Oct/14/2015

ACR Extends $5 Million Guaranteed Promotion Through Nov 8: Smaller Buy-ins

Americas Cardroom today announced that the remaining Sunday tournaments in its $5 Million Guaranteed promo will now come with a smaller buy-in to make them more accessible to more players.

While the tournament guarantee is also being reduced, an additional two tournaments have been added to the schedule.

Submitted by Press Release on, Oct/14/2015

New Jersey Should Have Sports Betting by Super Bowl as Rehearing Granted

The 3rd Circuit Court has vacated its ruling regarding the legality of sports betting in the state of New Jersey.

The professional sports leagues and NCAA had filed suit to prevent the activity in the Garden State. 

This is being viewed as a victory by New Jersey politicians backing the initiative.

Senator Ray Lesniak tweeted Wednesday morning:

Submitted by Gilbert Horowitz on, Oct/14/2015

GOP Mega Donor Adelson Warms Up to RAWA Backer Rubio

Casino magnate and GOP mega donor Sheldon Adelson is about to begin backing Florida Senator Marco Rubio according to a Politico report.

BetOnline

Submitted by Jagajeet Chiba on, Oct/14/2015

Wizard of Vegas Posts Guide to Beating Club World Promotion

Online gambling information site Wizard of Vegas has posted a guide that gives players the upper hand in beating Club World Casino’s introductory deposit match bonuses. The guide explains that the casino’s introductory bonus is really two different promotions that allows players to select one for their personal use.

Submitted by Payton on, Oct/14/2015

CNBC ‘Money Talks’ to Re-Air First Season

The sports handicapping show “Money Talks”, airing on CNBC Primetime, will re-air the first season in anticipation for a third season pick up. Correction: A third season of the show has not officially been announced at this time.

The reality show follows sports handicapper Steve Stevens (real name Darin Notaro) and his Las Vegas-based crew.  Stevens runs the betting site VIP Sports, which has enjoyed significant growth as a result of the show. 

Submitted by Mary Montgomery on, Oct/13/2015

Scout.com: DFS Scandal is Biggest Fantasy Sports Story Ever

Scout.com, the largest college sports-focused media outlet online, has been closely monitoring the scandal that has overshadowed Daily Fantasy Sports in recent days.

Submitted by Aaron Goldstein on, Oct/13/2015

Hillary Clinton, Bernie Sanders Face Off at First Democratic Debate: Latest Odds

Former Secretary of State Hillary Clinton was still a -250 favorite to become the Democratic nominee for President of the United States ahead of Tuesday night’s first Democratic debate, one in which she will face a formidable opponent in Vermont Senator Bernie Sanders.

Submitted by Gilbert Horowitz on, Oct/13/2015

Thompson Goes Rail to Rail on HPT for $131k

Daytona Beach, FL - Corey Thompson more than tripled his previous best live tournament cash Monday by winning the Heartland Poker Tour (HPT) Main Event at Daytona Beach Kennel Club & Poker Room for $131,720.

The poker player from Winter Park came into the day with the chip lead and managed to ride that edge all the way to victory.

Submitted by Press Release on, Oct/13/2015

A1phad0ggg Conquers Million Dollar Sunday at Americas Cardroom

Last night’s tournament featured the lowest overlay of the series, a testament to Americas Cardroom’s growing popularity and commitment to squashing DDoS attacks.

Shortly after 5:00am ET, a final table deal was struck between A1phad0ggg and NickYunis, with the former taking $150,000 and the latter $140,000. With $20,000 set aside for the winner, the two played for the first place title and A1phad0ggg came out on top.

Submitted by Press Release on, Oct/12/2015

Former Congressman Jim Leach: Daily Fantasy Sports a ‘Cauldron of Daily Betting’

LAS VEGAS — (Associated Press) - The U.S. congressman who drafted the 2006 legislation used by DraftKings and FanDuel as proof of their legitimacy says is it “sheer chutzpah” for the daily fantasy sites to pretend the law makes them legal.

Submitted by Associated Press on, Oct/12/2015

Four PokerStars Execs Ordered Terminated for New Jersey Licensing

Amaya Gaming, the parent company of PokerStars and Full Tilt Poker, have been granted permission to operate in the state of New Jersey but, before they can do so, Amaya must fire four executives deemed “unfit’ by the New Jersey Division of Gaming Enforcement (DGE).

On Friday, the DGE released a report of its investigation of Amaya’s $four.9b acquisition of the PokerStars and Complete Tilt, coming to the conclusion that the four executives could no longer serve on the company’s board.

Submitted by Ace King on, Oct/12/2015

‘Goodfellas’ Murder Scenes Cannot be Introduced During Mobster Trial

Prosecutors will be forbidden from introducing grizzly murder scenes from the film “Goodfellas” during the upcoming October 19 trial of Lufthansa heist mobster Vincent Asaro.  The Bonanno crime figure is only facing one murder rap that is unrelated to the heist.

Submitted by Jagajeet Chiba on, Oct/12/2015

StarsDraft Pulls Out of Florida Amidst Indictment Fears

News of a grand jury convening in Florida to review possible violations by Daily Fantasy Sports companies has sent PokerStars-backed StarsDraft packing.

Submitted by Aaron Goldstein on, Oct/12/2015

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