Gambling
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.
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.
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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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.
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.
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:
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.
‘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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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.
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.
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?
Premier Pay Per Head’s Live Betting for Every Game, Every Day
Variety is truly the spice of life and this statement has never been more true when it comes to betting on sports. Years ago sports bettors were content with betting on the NFL “Game of the Week” or any other major sporting event that was being broadcast on national TV. That is no longer the case in today’s era of mobile technology that can stream sporting events from around the globe on a continual daily basis. Click here for more information about Premier Price Per Head services.
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.
The only catch is that you must be physically located in the state of New Jersey in order to obtain your scratch cards. Those visiting or traveling through the state can get theirs. It’s all about being able to access the site, which cannot be done for real money if your IP is detected outside of New Jersey’s borders.
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.
‘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.
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.
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?
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”.
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.
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.
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.
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.
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."
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.
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.
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.
Staying Ahead of the Game with Premier Pay Per Head
The simple act of betting on sports comes with a certain level of risk. Sure things do not exist and there will always be winners and losers once the games have been played. As an independent sports bookmaker, your job is to make your money in the middle by collecting a commission on the actual bets you book. If you do not have the right Pay Per Head service in your corner, the losses on your end can really start to pile up.
TV Tout Show ‘Money Talks’ Shifts Networks and is Renewed for a Third Season
"Money Talks," the reality television show that follows the day-to-day trials and tribulations of Las Vegas sports handicapper Steve Stevens, has been renewed for a third season, Gambling 911 can reveal in a world exclusive report!
Russia Begins Blocking Online Gambling Domains
Russia has begun to block domain names of online gambling companies located both within the country and abroad.
Minnesota Latest State to Consider Regulation of Daily Fantasy Sports
ST. PAUL, Minnesota — (Associated Press) - A Minnesota lawmaker says his state should regulate the increasingly popular fantasy sports betting industry to prevent scams.
