Gambling
First Ever Daily Fantasy Sports Expo Forecast – Sunny, Hot and Lots of Dollar Signs
Gambling911.com sister site DFS911.com will be a main sponsor at the first ever Daily Fantasy Sports Expo taking place in Miami Beach Thursday and Friday.
Late last year, Gambling911.com founder Chris Costigan pushed conference organizer and long time colleague Marc Lesnick to host this event and it appears as if it will meet – if not exceed – initial expectations.
The fear all along hasn’t been so much about attracting the top talent and attendees but more so the potential for inclement weather.
Baaaaaad Boys: Mafia Figures ‘Sheep’ Code Broken by Authorities
(Reuters) - Police in Sicily arrested 11 suspected mobsters they believe were helping Sicilian mafia boss Matteo Messina Denaro evade capture and spread his orders to the rest of the criminal organisation - via handwritten notes.
The suspects used coded language to communicate with the highest-ranking Sicilian mob boss currently at large, police said in a statement.
Malta Suspends Nine Online Gambling Licenses in Wake of Mafia Scandal
One of the largest online gambling jurisdictions, Malta, has come under extreme scrutiny in recent days following news that a former prime minister’s son had ties to the Italian mafia, more specifically he ‘Ndrangheta crime syndicate.
Last week, Italian authorities €2bn (£1.4bn, $2.2bn) of assets that belonged to the organization.
Daily Fantasy Sports Land in Gambling Industry Crosshairs
(Reuters) Mike Petta played Internet poker until 2011, when most U.S. poker websites were shut down. Last year, the 31-year-old father of two quit his job as an accountant to play fantasy sports full time, spending thousands of dollars a night entering fantasy sports contests. Now, the gambling industry wants him back.
Macau Gaming Revenue Drops 34.5 Percent in July
HONG KONG (Reuters) - Gaming revenue in Macau fell 34.5 percent in July from the previous year, hovering around five-year lows as wealthy Chinese punters stayed away from the world's biggest gambling hub.
The decline, however, was narrower than the 36 percent drop in June and in line with analysts estimates for a fall of around 34-35 percent.
Gambling revenue fell year-on-year to 18.6 billion patacas ($2.3 billion), according to data released by the Macau government on Monday. In June, revenues fell to 17.4 billion patacas.
Spring Owl Investor Jason Ader Wants More Than a Billion for Bwin.Party
Following news last week that GVC had stepped in to outbid 888 Holdings in the acquisition of Bwin.party by offering a billion dollars, Spring Owl investor Jason Ader reportedly says that figure is not good enough.
Ader, who serves on the board of Bwin.party, was influential in arranging the 888 Holdings deal.
But a billion dollars and change will most certainly raise some eyebrows.
The current 888 deal is worth 104.09p per share, and the revised GVC offer is 122.5p per share. Ader wants that to rise to 140p per share.
Gambler Who Blamed Satan Ordered to Pay Over $2 Million to Casino
A gambling addict has been ordered to repay a casino £2.2m.
Safa Abdulla Al Geabury, 52, a Swiss national, was ordered by a UK Court to return the monies to the famed Ritz Casino.
Abdulla had argued that he should not have to pay the debt based on his assertion that the casino knew he was a gambling addict.
The wealthy gambler also claimed he had a “brain problem” and that the “Devil made me gamble”.
BetOnSports Founder Must Pay $36 Mil in Back Taxes: Loses Appeal
ST. LOUIS (Associated Press) - A federal appeals court has rejected attempts by the founder of a former online betting site to avoid paying $36 million in delinquent taxes and penalties, dismissing claims that his plea deal in a related criminal case precluded the government from pursuing the debt.
Foxwoods May be Exploring Daily Fantasy Sports
(Gambling911.com Fantasy Sports Wire) - With the final hours of online registration for the highly anticipated and first ever Daily Fantasy Sports Expo in Miami Beach next week, Gambling911.com can confirm that Foxwoods Casino will be in attendance.
Gambler Sues Casino for $300K After Roulette Ball Hits Him in Face
A Washington, D.C. resident is suing Maryland Live! Casino for $300,000 after a roulette ball hit him in the face in December 2013.
The complaint itself was filed back in November and amended this week. Maryland Live! had previously attempted to have the complaint dismissed.
Investigators Under Investigation in Criminal Casino Case
BOSTON (Associated Press) - A federal judge heard arguments Wednesday over allegations that private investigators working for Wynn Resorts gained unauthorized access to files in a joint state and federal criminal probe that now figures into Massachusetts's biggest casino project.
U.S. District Court Magistrate Marianne Bowler took the arguments under advisement and is expected to decide whether to hold a hearing on the allegations as requested by defense lawyers for former owners of the waterfront property where Wynn wants to develop a $1.7 billion casino.
Las Vegas Attempts to Tame Rowdy Street Performers
LAS VEGAS — (Associated Press) - A bawdy gauntlet of street performers and tip-seeking costumed characters crowding Las Vegas’ Fremont Street have been driving tourists away, city leaders said today as they moved toward imposing new rules to rein in the rowdy atmosphere.
‘Frankie The Flea’, ‘The Worm’ and Other BetEagle Agents Lead to Owner’s Sentencing
The owner of long established Costa Rica-based online and call center bookmaker BetEagle.com has been sentenced to 18 months behind bars by a U.S. District Court judge.
High Stakes Gamblers Were Allowed to Abuse Dealers, Throw Bananas, Urinate on Walls
Transcripts of a May hearing before the Mohegan Sun tribal gaming commission reveal that high rollers were allowed to abuse dealers, urinate on walls, throw bananas at fellow gamblers and expect rules to be bent at the tables.
Notorious Philly Mobster’s Son Sentenced to 30 Years in Racketeering Conspiracy
The son of notorious Philadelphia mobster Nicodemo Scarfo has been sentenced to 30 years in prison for racketeering.
Nicodemo Scarfo Jr. is accused of stealing $12 million from shareholders of a publicly traded Texas financial firm.
The younger Scarfo allegedly used false SEC filings and made threats to cause economic harm as a form of shaking down existing company management. His father was sentenced to 55 years for a similar crime.
Ifrah, Brennan to Discuss Regulating DFS Sector as Nevada Prepares to Take Action
The American Gaming Association considers Daily Fantasy Sports gambling. As such they believe it should be licensed and regulated….by them of course.
David Payne Purdum of ESPN broke the news via Twitter Monday:
Nevada Gaming Control chairman AG Burnett has begun legal analysis of daily fantasy sports and welcomes communication from DFS operators.
CNBC: Growth of Daily Fantasy Sports Exploding
(Gambling911.com Fantasy Sports Wire) - Just how much is being spent now compared to past years?
According to the Fantasy Sports Trade Association, the spent person spent $95 annually on Fantasy Sports. In 2015 that number more than quadrupled to $465.
Adam Krejcik of Eiler’s Research will be speaking at the Daily Fantasy Sports Expo next week. Appearing on CNBC, he noted that neither of the top two Daily Fantasy Sports companies – Draftkings or FanDuel – have yet to turn a profit.
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No More Blackjack at Seminole Hard Rock Casino If State has its Way
TALLAHASSEE, Fla. — (Associated Press) - Florida and the Seminole Tribe of Florida seem headed for a showdown about the operation of the tribe's successful casinos.
A five-year deal authorizing blackjack and other types of card games at casinos such as the Seminole Hard Rock Hotel & Casino in Tampa and Hollywood expires Friday.
The state's top gambling regulator wrote a letter to the tribe chairman Monday asking for a meeting where tribal leaders are expected to give state officials a timeline for closing down blackjack tables.
Strict Fire Codes Saved Lives at Cosmo This Weekend: A Look Back at the Worst US Hotel Fires
A Saturday afternoon fire on the rooftop of the Cosmopolitan Hotel on the famed Las Vegas Strip could have been far more destructive to both lives and property.
DraftKings, FanDuel to Reward Billions in Contest Prize Money in 2015
Leading Daily Fantasy Sports sites Draftkings and FanDuel are prepared to dole out billions in prize money this year.
The news comes as DraftKings announced it had secured another $300 million in funding on Monday.
Whitey Bulger Attorney Wants Racketeering Conviction Overturned
BOSTON – (Associated Press) - Lawyers for a Boston gangster have asked an appeals court to overturn his racketeering conviction, saying his trial was unfair.
One of James "Whitey" Bulger's lawyers argued Monday before the 1st U.S. Circuit Court of Appeals that Bulger's right to a fair trial was violated when he was barred from testifying about his claim that he received immunity from a federal prosecutor.
He also argued that prosecutors didn't turn over information about certain details of an agreement he says they had with a hit man who was a key witness against Bulger.
Gambling Firm GVC Continues to Pursue Bwin.Party With $1.55 billion Bid
(Reuters) - Online gambling firm GVC Holdings Plc returned on Monday with a new 1-billion-pound ($1.55 billion) bid for rival Bwin.party Digital Entertainment, looking to gatecrash a recently accepted offer from 888.
Sportsbook.ag Enters Daily Fantasy Sports Space
Sportsbook.ag, the largest North American facing online sportsbook in terms of volume of customers, has entered the Daily Fantasy Sports market.
Disaster Averted at Vegas Cosmo: Fake Palm Trees and Cabanas Were Fire Hazards
A massive fire on the rooftop pool deck of Las Vegas’ sprawling Cosmopolitan Hotel and Casino was only made worse by the fake palm trees and cabanas, fire officials ruled.
FastFantasy.com Review Added to DFS911.com: CEO to Speak at DFSE
FastFantasy.com is a soon-to-launch Daily Fantasy Sports site captained by long time friend of the Gambling911.com website, Joe Brennan, Jr.
Massive Fire at Cosmo Hotel on Las Vegas Strip Engulfs 14th Floor Pool Deck
Plumes of smoke billowed across the Las Vegas Strip Saturday afternoon as a fire raged on the 14th floor pool deck of the sprawling Cosmopolitan Hotel, also known as simply The Cosmo.
An unknown number of guests have been evacuated from the 3000-room resort. There were no immediate reports of any injuries while damage estimates are not yet known.
"Alarms started going off and it became really chaotic.," a hotel guest from Los Angeles told CNN, "It's pretty crazy over here. There are fire trucks everywhere."
The Ultimate Miami Hot Spots Guide for Daily Fantasy Sports Expo 2015
It’s our home stomping ground and nobody knows better the top hot spots for those attending the upcoming Daily Fantasy Sports Expo than Gambling911.com.
ESPN Looks Behind the NFL’s Anti-Gambling Stance
This week, Gambling911.com reported on how the NFL was cited in recent Court documents as having suggested sports betting to be a game of skill rather than a game of chance.
Affective and RevenueJet Affiliate Owners Indicted for Fraud
Two Israeli online gambling operators indicted for money laundering, fraud and identity theft ran two of the more lucrative affiliate programs tied to numerous online casino brands.
Disgraced Former Banker Will Now Head Up Ladbrokes Coral Business
With Ladbrokes primed to merge with Gala Coral in the coming weeks, the new firm’s CEO has already been selected and it is none other than disgraced one-time banker Andy Hornby.
