Gambling

Brennan Jr: ‘NY Times So Anti-DFS Since Ex-Editor Not Profiting From It’

Daily Fantasy Sports industry analyst Joe Brennan, Jr. tweeted Tuesday that the New York Times may have a hidden agenda when it comes to their scathing report on a recent scandal at DraftKings.

Submitted by Jagajeet Chiba on, Oct/06/2015

Breaking News: ESPN Pulling DraftKings Spots in Wake of Scandal

On ESPN's "Outside the Lines," segment Tuesday afternoon, Bob Ley disclosed that the 24-7 sports network would be dropping DraftKings sponsored elements within its programing following allegations of possible insider cheating within the company.

Submitted by Aaron Goldstein on, Oct/06/2015

BetPhoenix Announces Special Tuesday, Wednesday Sportsbook, Casino Bonuses

Popular online sportsbook and casino BetPhoenix.ag has announced its new bonuses available for Tuesday and Wednesday deposits (account setups) only.

Submitted by Payton on, Oct/06/2015

Raptors, Maple Leafs Sign 4-Year Contract With DraftKings Amidst Scandal

Maple Leaf Sports and Entertainment, owner of the Toronto Raptors and Toronto Maple Leafs, has signed a 4-year promotion deal with Daily Fantasy Sports site DraftKings amidst a massive “insider information” scandal that threatens to take down an entire industry.

Submitted by Aaron Goldstein on, Oct/06/2015

McGraw Milhaven: FanDuel and DraftKings a ‘Pyramid Scheme’

550KTRS St. Louis sports radio talk show host McGraw Milhaven is one of many crying foul Tuesday morning in light of a scandal that has rocked the Daily Fantasy Sports world this week.

Submitted by Aaron Goldstein on, Oct/06/2015

DraftKings Has No Comment on ‘Insider Info’ Policy as Scandal Boils Over

Leading Daily Fantasy Sports site DraftKings would not comment on their policy and internal controls related to “insider information”, while standing by an employee who won $350,000 at a competing site’s contest finishing second place. 

Submitted by Aaron Goldstein on, Oct/06/2015

ESPN No Longer Mum on DraftKings Controversy Amidst Partnership Deal

ESPN is the 24/7 sports network but, despite the explosive controversy revolving around a potential insider cheating scandal at Daily Fantasy Sports site DraftKings, the network was slow to react to the news until Tuesday morning.

Submitted by Jagajeet Chiba on, Oct/05/2015

DFS Staff Knowing Player % Info and Using on Other Site Clearly an Edge

The Twitter Universe is now lighting up with folks blasting the Daily Fantasy Sports industry for not having a better handle on their employees and their ability to, not only gain access to player usage information, but utilizing said data to win big on competing DFS sites.

Submitted by Aaron Goldstein on, Oct/05/2015

AP: Transparency Scandal Rocks Daily Fantasy Sports Industry

(Associated Press) - An early release of lineup information in a DraftKings contest is raising questions about the transparency of the burgeoning daily fantasy industry.

Submitted by Associated Press on, Oct/05/2015

Netflix New Series ‘Suburra’ Tells Story of Italian Mafia, Vatican and Gambling

Netflix has commissioned its first original series from Italy, “Suburra”, which tells the story of a “gruelling battle over a seaside town outside of Rome which is to be developed into a gambling paradise.”

Based on the book by Giancarlo De Cataldo and Carlo Bonini, Suburra, the series will comprise of ten episodes that follow release of a full feature film.

Submitted by Jordan Bach on, Oct/05/2015

DraftKings, FanDuel Ad Blitz Drawing More Scrutiny to DFS Industry

You’ve seen the ads.  How could you not have?  Even if you don’t watch Football, DraftKings and FanDuel advertisements are popping up all over the boob tube including on 24-hour cable news networks like CNN and HLN (if you can still call the later news).

Submitted by Aaron Goldstein on, Oct/05/2015

How Insider Information at Daily Fantasy Sports Sites May Provide Unfair Edge

In DFS911.com’s continuing series entitled Daily Fantasy F***ed, our sister site looks at the potential unfair advantage employees have in collecting data that can assist them with winning competing website contests.

Submitted by Payton on, Oct/04/2015

Ex-NBA Commissioner David Stern: ‘Time to Legalize Sports Betting’

Former NBA Commissioner David Stern is following in his replacement’s footsteps by suggesting that sports betting should finally be legalized.

Adam Silver was the first high profile sports executive to make that declaration last year. 

Submitted by Tyrone Black on, Oct/04/2015

SportsBettingChamp.com Owner Sentenced This Week in Nevada

A Las Vegas man and so-called “betting expert” has been sentenced to 18 months behind bars for running an illegal gambling operation while hiding funds from the IRS.

Submitted by Gilbert Horowitz on, Oct/03/2015

Fantasy eSports and the U.S. Legal Environment

Noted gaming and fantasy sports attorney Jeff Ifrah reports on five critical elements to understand before a fantasy eSports site sets up shop in the United States.

Submitted by Aaron Goldstein on, Oct/02/2015

Two Dealers Indicted in Bellagio Cheating Scheme

(Associated Press) - Two former casino dealers and two friends are accused of siphoning more than $1 million off craps tables over two years, using phantom bets at a posh Las Vegas Strip resort.

Submitted by Guest on, Oct/01/2015

New Caesars Entertainment Corp CEO Shocked by Lack of Innovation

LAS VEGAS (Associated Press) — New Caesars Entertainment Corp. CEO Mark Frissora said he's been shocked at the casino industry's lack of innovation in appealing to younger would-be gamblers.

"The time is now," he said, speaking Wednesday on a panel at the industry's annual trade show, the Global Gaming Expo, in Las Vegas.

Submitted by Associated Press on, Oct/01/2015

Unsolved Mysteries of Gambling Part 3: Did the Shrink Fake His Own Death?

The date was April 10, 2010, a Sunday--Easter Sunday, in fact.

That morning, rumors started appearing on the Internet, via sports betting posting forums and elsewhere, that a well-known figure in the sports betting world--Ken "The Shrink" Weitzner--had died.

Weitzner, who pretended to be a psychiatrist as his gimmick, created one of the first sports betting portals on the Internet--called The Prescription (www.therx.com)--and then sold it for $2 million and started a competing site, Eye on Gambling (www.eog.com).

Submitted by Thomas Somach on, Sep/30/2015

G2E Red Carpet Celebrities for Awards Show: We Thought Half of These Were Dead

A star-studded red carpet was to kick off the third annual Casino Entertainment Awards as part of this year’s Global Gaming Expo (G2E), featuring celebrities that looked more like a who’s who of “The Walking Dead” (and we’re not talking the actual cast from that show either).

Submitted by Nagesh Rath on, Sep/30/2015

Bet365 Profits Up 92 Percent With More Growth Anticipated

Private UK betting firm Bet365 has seen its profits skyrocket 92 percent to £410.2m after a 43 per cent rise in sports gamblers.

Bet365’s success comes at a time when rivals Paddy Power and Betfair along with Ladbrokes and Coral are in the process of seeking mergers.

Submitted by Alistair Prescott on, Sep/30/2015

DraftKings Ads Can Now Feature Current NFL Players as Part of Marketing Deal

DraftKings, one of the top two Daily Fantasy Sports sites in the world, will now be able to feature current NFL players in its ads as part of a new marketing deal with the league.  

Launched in 2012, the website has managed to raise $300 million in financing this season, much of which has been used for marketing purposes.

Submitted by Aaron Goldstein on, Sep/30/2015

RAWA Co-Author Stumbles After Chart Gaffe at Planned Parenthood Witch Hunt

Utah Republican Representative Jason Chaffetz seemingly wouldn’t let Planned Parenthood President Cecile Richards get a word in edgewise during a Congressional grilling, which culminated with a irreprehensible error on Chaffetz part, one that he failed to correct but his quivering and lack of words spoke volumes.

Chaffetz is one of the co-authors of Restore Americas Wire Act (RAWA), a piece of legislation that looks to ban most forms of online gambling in the United States.

Submitted by Jagajeet Chiba on, Sep/30/2015

NRA Could be Next Group Up in Arms Over Online Gambling Prohibition Bill

The right to bear arms could be threatened should the Restoration of America’s Wire Act (RAWA) be enacted. 

Bob Adelmann of the New American suggests this is a very likely possibility. 

Two GOP Presidential candidates, Marco Rubio and Lindsey Graham, are behind the Internet gambling prohibition bill that is being pushed by GOP mega donor and casino magnate Sheldon Adelson. 

Adelmann writes:

Submitted by Jagajeet Chiba on, Sep/29/2015

BetOnline Players had Most Profitable Weekend in Company’s History

Yet another gambler has beaten up on popular online gambling site BetOnline, this time after hitting a massive parlay over the weekend.

BetOnline

Submitted by Gilbert Horowitz on, Sep/29/2015

AGA Says it has Proof of Ties Between Illegal Gambling and Organized Crime

The American Gaming Association (AGA) met with officials across the United States to discuss what it calls “groundbreaking new research showing the extent of illegal gambling and its ties to organized crimes”.

Submitted by Jagajeet Chiba on, Sep/29/2015

Ten People Shot in Gambling Dispute at Busy Events Center

Ten people were hit by gunfire during an early morning Sunday gambling dispute at a small West Georgia town.  All the victims, five females and five males, were expected to survive.

The incident occurred at the Hill Haven Event Center in Greenville, about 60 miles southwest of Atlanta.    

Submitted by Gilbert Horowitz on, Sep/28/2015

Citigroup Maintains ‘Sell’ Rating on Bwin.party Stock

On Monday, Citigroup issued an analyst note maintaining a “sell” rating on Bwin.party’s stock.

The target price would indicated a potential downside of 39.08% from the company’s current stock price.

Submitted by Aaron Goldstein on, Sep/28/2015

Handful of Women’s Groups Oppose Online Gambling Prohibition in U.S.

Among those in stiff opposition to legislation that would ban online gambling in the United States are none other than women’s groups such as Independent Women’s Voice and Independent Women’s Voice.

Submitted by Gilbert Horowitz on, Sep/27/2015

Top 10 Countries With the Biggest Gambling Losses: U.S. Ranks Number One

The United States of America ranks number one in terms of overall gambling losses by country, according to a report by The Economist, citing British consultancy H2 Gambling Capital.

Submitted by Jagajeet Chiba on, Sep/27/2015

BetOnline Live Dealer Casino Player Turns $1870 Into Over $300K

BetOnline.ag’s Dave Mason advised Gambling911.com Saturday evening that the online Live Dealer Casino site is in the midst of giving away one of the biggest payouts ever.

BetOnline

Submitted by C Costigan on, Sep/26/2015

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