Business & Financial
Las Vegas Sands Misses Forecast: CEO Adelson Says It Could Have Been Worse
LAS VEGAS — (Associated Press) - Las Vegas Sands Corp. on Wednesday reported second-quarter earnings of $469.2 million, a 30 percent drop compared to the same period a year ago.
Still, Las Vegas Sands CEO and Chairman Sheldon Adelson called the quarterly results a solid set of financials considering the challenges the company has faced in Macau where a government corruption crackdown has led to a significant downturn in gambling in the Asian enclave.
Live In-Play Betting Concept Coming to Daily Fantasy Via Boom Shakalaka
A start-up in the world of Daily Fantasy Sports with a cool sounding name, Boom Shakalaka, hopes to capitalize on a concept that now accounts for over half the amount of volume at some online sportsbooks.
China Feared Sheldon Adelson Casinos Used by CIA to Snare Officials
A report, uncovered by the Investigative Reporting Program at the University of California, Berkeley, suggests the CIA was using Macau casinos, including those owned by billionaire casino magnate Sheldon Adelson, to entrap Chinese officials who may have been gambling with public money.
Run a Daily Fantasy Sports Site in States Where it is Illegal: Tax Free to Boot
Gambling911.com would never encourage its readers to engage in illegal acts such as circumventing local state laws or avoid paying taxes. But what if we told you there is indeed a way to operate a Daily Fantasy Sports website in one of a handful of states where the activity is not permitted, all while paying zero money in taxes?
‘Dead Trigger 2: eSports Tournament’ Offers Gambling Element
Cashplay and Gamblified have teamed up to introduce zombie-laced “Dead Trigger 2: eSports Tournament”, allowing players globally to compete for real money prizes.
“Dead Trigger 2: eSports Tournament” has opponents attempting to survive and killing off as many zombies as possible.
Bwin.Party Bidding War Not Over as GVC Considers New Takeover Bid
(Reuters) - Online gambling firm GVC Holdings Plc (GVC.L) could make another attempt to buy peer Bwin.party Digital Entertainment (BPTY.L), just days after Bwin accepted a 900 million pound offer from 888 Holdings Plc (888.L).
GVC said on Tuesday it was considering its options regarding Bwin, but there was no certainty it would make a new offer.
Pay Per Head Players Standings Reports
Your Pay Per Head service could prove to be a valuable tool in helping your bookmaking business grow through players standings reports.
And what exactly are players standings reports?
Unibet to Attend First Ever Daily Fantasy Sports Expo: Will Other Euros Follow?
It’s been widely speculated that the European online gambling firms will be the next serious players in what is becoming an already saturated market sector: Daily Fantasy Sports.
Online Bookies Pay Per Head: There Are Plenty of Reasons Why It Is Necessary
In today’s world, the wise bookies will be coming online through the use of Pay Per Head services. Technology dictates it and your customers demand it. More importantly, your competition is coming online.
‘Britain at the Bookies’ to Showcase Coral Bookmaking Staff and ‘Degenerate’ Gamblers
A three-part documentary entitled “Britain at the Bookies” is set to air Monday evening (20 July, 2015: 21:00) on BBC. The film documents every day life behind the scenes at Coral, one of the United Kingdom’s largest bookmaking firms.
Charlotte North Carolina Bookies, Pay Per Head Services
Charlotte, North Carolina bookies are in high demand with a strong fan base feeding off of NFL, College Football and Basketball. PayPerHeadAgents.com is available to service the local Charlotte area bookies.
Twitch Acquisition of GoodGame to Further Enhance eSports Fantasy, Betting
Twitch, the streaming social media outlet that has already helped put online poker back on the map, announced this weekend its acquisition of GoodGame, a full-service agency dedicated to serving the needs of pro-gamers and brands interested in the eSports sector.
Bookies in Seattle – Pay Per Head Solutions for King County
Bookies in Seattle and the surrounding region are plentiful due to the above-average incomes and, of course, an NFL team that has been in two consecutive Super Bowls.
Most of the Seattle area bookies have made the transition to offshore Pay Per Head shops in order to handle the influx of business over the years.
Bluff.com Closing Down: Media Firm Once Dominated Poker Market
Bluff.com, now a mere remnant of itself after being purchased (and some would say, mismanaged) by Churchill Downs a few years ago, is about to wind down its operations.
Daily Fantasy Sports Sites: What Investors and Venture Capitalists Need to Know
In conjunction with your sister site DFS911.com, Gambling911.com is working to create the most authoritative, comprehensive and updated Daily Fantasy Sports review section for potential investors and venture capitalists along with would be business men and women hoping to dive feet first into this highly competitive industry.
Bwin.party Sees Shares Skyrocket Friday Following Blockbuster Deal
Shares in Bwin.party Digital Entertainment were up following Friday’s confirmation that 888 Holdings had agreed to buy the stock in a cash and stock deal worth around £898.3m, beating a rival offer from GVC.
The news of the sale was all but certain after the Financial Times and Gambling911.com received notice from key people within the organizations on Thursday afternoon.
Jason Ader, a major shareholder of the company, and New York based hedge-fund owner issued the following statement to Gambling911.com earlier Friday:
Investor Jason Ader Issues Statement re: Bwin.Party 888 Deal
It’s official as Gambling911 told our readers yesterday. Online gambling company 888 Holdings will take over rival Bwin.party in a cash and stock deal valued at about £898m.
Jason Ader, a major shareholder of the company, and New York based hedge-fund owner issued the following statement today:
Judge Keeps Legal Doc Sealed in Case That May Tie Sands Corp to Organized Crime
LAS VEGAS (Associated Press) — A Nevada judge is keeping sealed a legal exhibit that a newspaper, a union and a Washington, DC-based advocacy group sought to make public in a closely-watched wrongful termination case against casino company Las Vegas Sands Corp., Sands China Ltd. and the companies' chairman Sheldon Adelson.
Guardian News & Media, the Campaign for Accountability and union Unite Here argued Thursday the public should see the exhibit the groups say may tie the companies to organized crime in Asia.
Most Daily Fantasy Sports Sites Will Fail, Says Early Industry Investor
One of the earliest investors on the Daily Fantasy Sports scene - a man who pumped money into what would eventually become the 3rd largest DFS site DraftDay - says he’s been approached by no fewer than two dozen would be Daily Fantasy site operators.
“It’s my opinion that they will all fail,” says Ezra Galton, Senior Associate at Chicago Ventures.
Why?
Bwin.Party to be Purchased by 888: G911 Profiled Investor Plays Key Role
Today’s Financial Times reports that “888 close to victory in £900m Bwin bid battle.” A deal is expected to be announced in the next few days – or sooner.
Avoiding Legal Trouble with Pay Per Head Solutions
Sports betting in the United States is a billion dollar industry, but other than in the state of Nevada it also has some serious legal challenges especially when it comes to the actual financial transactions in the act of taking bets.
‘Crack Cocaine’ Gambling Machine Max Rejected by UK Government
The UK government has rejected efforts to reduce the maximum bet on fixed-odds betting terminals cut from £100 to £2.
Newham Council, which led the campaign, said the move would help prevent clusters of betting shops, particularly in deprived areas, according to the BBC.
But the government says it has already instituted strict controls for which most of the large bookmaking businesses have objected to…and with good reason.
Draft Ops Review: Daily Fantasy Sports Site Makes Deal With Barclays Center
Gambilng911.com has your Draft Ops review for those looking to potentially invest in the fast growing Daily Fantasy Sports sector or simply searching for an alternative to DraftKings or FanDuel.
This is a company that seems to have some serious ambitions after entering into a critical deal with Brooklyn’s Barclays Center in recent weeks. They had previously signed a deal with Bellator, the Mixed Martial product.
Fox Sports, Fantasy Sports Network to Speak at Daily Fantasy Sports Expo
We are just three weeks away from the first ever Daily Fantasy Sports Expo in Miami Beach and Gambling911.com can now confirm that Fox Sports will be speaking.
Additionally, Mike Cardano, Business Development Administrator at the Fantasy Sports Network will speak on at the Daily Fantasy Sports Expo, taking place Aug 6-7, 2015 at the Miami Beach Convention Center. He will also moderate several panels.
What Are Price Per Head Agents? Are They The Same as Bookies?
The concept of a Price Per Head agent is essentially the same as a bookie and is only a question of semantics when you incorporate the PPH element.
Draftster Review –Daily Fantasy Sports Site Appears to be on Downward Spiral
Gambling911.com, covering the Daily Fantasy Sports sector along with its sister site DFS.com, offers its review of Draftster.com for those looking to potentially invest in this fast growing sector as well as those looking for an alternative to DraftKings or FanDuel.
AlphaStreak Review: Can We Trust This Daily Fantasy Sports Turnkey Solution?
If you are looking for information on AlphaStreak “The Game Plan”, a new Daily Fantasy Sports turnkey solution, be sure to check out the latest updates at Gambling911.com sister site DFS911.com (Review Section coming soon).
The good news: AlphaStreak is a member of the Fantasy Sports Trade Association.
FanDuel to Announce it has Raised Another $275 Million
FanDuel, the world’s largest Daily Fantasy Sports site, was set to announce it has raised $275 million in a new round of financing, bringing its total haul from investors to $360 million.
How Is PlayDraft.com – Daily Fantasy Sports Review
If you are looking for information on PlayDraft.com and its position in the fast growing world of Daily Fantasy Sports, Gambling911.com has your review below.
DraftKings Embraces Yahoo Entry Into Daily Fantasy Sports
Yahoo’s announced entry into Daily Fantasy Sports last week doesn’t scare industry start-up DraftKings, unless CEO Jason Robins is just putting up a good front.
“We think it’s tremendous for the industry that such a renowned digital company like Yahoo is choosing to join our space, and it serves as further proof of the popularity of daily fantasy sports.”
