Business & Financial
Criminal Probe of Christie-Adelson Relationship, PokerStars Runaround Possible
New Jersey Republican Governor Chris Christie is being accused of preventing the world’s largest online poker room, PokerStars, from entering into a deal with Atlantic City’s Resorts Hotel and Casino and his relationship with casino mogul and GOP mega donor is being cited as the reason why.
PokerStars made plans to open a $10 million poker room at the Resorts Casino back in June 2013.
Attorney Jeffrey Ifrah to Speak at First Ever Daily Fantasy Sports Expo
One of the most prominent attorneys in the world of fantasy and gaming, Mr. Jeffrey Ifrah, has been slated to speak at the first ever Daily Fantasy Sports Expo in sunny Miami Beach this August 6-7.
Fantasy Sports Site DraftKings.com Exclusive Deal With UFC ‘Imminent’
One of the powerhouses in daily fantasy sports, DraftKings, is reported to be close to an exclusive sponsorship deal with the UFC (Ultimate Fighting Championship).
Colin Neville, vice president of the venture capital firm The Raine Group in NYC, first disclosed the pending UFC deal during a conference in New York City on Monday.
FINRA Investigation Into Amaya, PokerStars Acquisition Could Scare Off US Suitors
PokerStars had hoped to potentially enter the U.S. regulated online poker market through an acquisition by Canadian gaming firm Amaya. Those hopes could soon be dashed with fears over an ongoing investigation into last year’s blockbuster acquisition being conducted by the Financial Industry Regulatory Authority (FINRA).
Daily Fantasy Sports Expo to be held August 6-7, 2015 in Miami Beach
First ever trade show and conference covering the daily fantasy sports industry. DFSE plans to bring new faces to the industry, introduce unique methods of thinking and provide the ultimate networking experience for executives.
New York, NY--Ticonderoga Ventures, Inc. announces the Daily Fantasy Sports Expo ( www.fantasysportsexpo.com ) on August 6-7, 2015 at the Miami Beach Convention Center.
William Hill in Talks to Acquire 888.com: Shares Jump Over 20 Percent on News
(Reuters) - Online gambling company 888 Holdings has received a takeover approach from Britain's biggest bookmaker William Hill, it said on Tuesday,, lifting its share price by more than 20 percent.
The statement from 888 came shortly after The Times newspaper reported that William Hill had held advanced talks over a 750 million pound ($1.14 billion) offer as it looks to accelerate expansion of its online gaming operations.
The report said William Hill had reached a preliminary agreement with the 888 board on an offer at 210 pence a share.
Chinese Casino Operator, Former Mining Exec Executed
Pay Per Head para la Locura de Marzo (March Madness)
Una gran cantidad de la Pay Per Heads (Paga Por Cabezas) tiene esta idea de que , con la temporada de fútbol americano terminada , también lo es el trabajo por ahora y es el momento de cerrar la tienda. No PayPerHeadAgents.com!
Este servicio Pay Per Head está reclutando activamente nuevos clientes.
Pay Per Head for March Madness, College Basketball Tournament
It’s just around the corner so if you are in need of a Pay Per Head for March Madness and the College Basketball tournament, be sure to check out PayPerHeadAgents.com.
Fantasy Site DailyMVP.com Puts Twist on Fantasy Daily Scoring: Lands Tom Brady
Thomas Somach writes that DailyMVP.com uses a unique golf-like handicapping system to equalize performers.
LOS ANGELES -- There are so many fantasy sports leagues out there these days that the leagues have to do something spectacular to garner attention.
One that is doing just that is DailyMVP (www.dailymvp.com), which uses a unique business model that mimics the dynamics of a player's handicap in golf.
Judge Puts Revel Casino Deal on Hold
(Reuters) - A federal judge in New Jersey on Sunday called a temporary halt to the pending sale of bankrupt Revel Casino in Atlantic City and scheduled a hearing on Monday on a motion to block some of the terms of the $94.5 million deal.
U.S. District Court Judge Jerome B. Simandle ordered an emergency hearing for 3 p.m. in the proposed sale of the property to Florida developer Glen Straub, who could lose his $10 million deposit if the deal does not close by Monday's deadline.
US Military Veteran Hopes to Take ReverseFantasyFootball, DraftDawgs to Next Level
EAST WINDSOR, NJ – With the conclusion of the 2014 NFL season the fantasy sports market has without a question of a doubt enjoyed its largest season. The unprecedented popularity of weekly fantasy leagues offering cash prizes without season long commitments has been extraordinary - with many new sites joining the fray at the start of this past football season.
DraftKings Partners With LA Clippers: Becomes Official Fantasy Partner
The Los Angeles Clippers and DraftKings announced today a partnership that makes DraftKings the official daily fantasy sports partner of the Los Angeles Clippers. The agreement marks the team’s first-ever partnership with a one-day fantasy sports website. DraftKings is the largest U.S.-based provider of daily fantasy sports contests across a broad range of professional and college sports, including basketball.
PlayMLF.com Daily Fantasy Sports Site Movin’ On Up: DraftKings Gets Warriors
Daily fantasy sports firms continue to expand with the explosive popularity of the sector in recent months. PlayMLF.com just announced via their Twitter account, they too are in need of improved office space.
Gary Loveman to Step Down as Caesars CEO
LAS VEGAS (Associated Press) — Caesars Entertainment Corp. chief executive Gary Loveman announced Wednesday he will hand the reigns of the casino-hotel empire to former Hertz rental car CEO Mark Frissora, effective July 1.
Unregulated Bitcoin Could Soon Become Regulated in New York, California
New York’s Department of Financial Services came out with a revised set of rules to regulate companies that buy, sell, hold, and transfer bitcoin and other virtual currencies.
Vulcun Announces the Largest League of Legends Fantasy Prize: $1 Million
In business for just over a month now and kicking off with a $250000 prize pool, Vulcun will now be offering a $1 million prize for the upcoming League of Legends League Championship Series (LCS).
Almost $116 Million Bet on Super Bowl 49 in Nevada: 2nd Biggest Handle Ever
Nearly $116 million was bet on Super Bowl 49 in Nevada, the only U.S. state to legally allow sports betting. The game between New England and Seattle failed to break last year’s record of $119 million however.
Fantasy Sports New Kid Sideleague.com has an App for You
CHICAGO -- Are you a fantasy sports player?
There's an app for that.
As more and more people play in fantasy sports leagues that they access via their mobile devices rather than their computers, the leagues are making it easier for them to do so.
Bitcoin Sportsbook For Super Bowl 49: The Importance of the Bookmaker News
Many fans of Bitcoin, the anonymous digital currency, may not have fully grasped the importance of Bookmaker.eu announcing its new Bitcoin sportsbook platform this past week. To say this is the biggest news related to the marriage of Bitcoin and online gambling would be an understatement.
Nevada Casino Winnings Drop to $11 Billion in 2014
LAS VEGAS — (Associated Press) - Nevada's slow and steady gambling winning streak ended in 2014 with $11 billion captured behind casino cages, down 1.1 percent from a year ago.
The places where the winnings dropped or didn't is what interested David Schwartz, the director of the University of Nevada, Las Vegas' Center for Gaming Research.
The Las Vegas Strip's casinos were down 16.4 percent in December to $555 million and 2.1 percent for the year to $6.4 billion, according to Gaming Control Board statistics released Friday.
Bookmaker Offers Bitcoin Just in Time for Super Bowl XLIX
San Jose, Costa Rica –The hype for Super Bowl XLIX between the New England Patriots and Seattle Seahawks is reaching a fever pitch, and Bookmaker.eu is making its own worldwide headlines by now accepting Bitcoin for both deposits and withdrawals.
Vegas Sportsbooks Breakdown the Action, Bets Popularity for Super Bowl 49
One of Las Vegas’ top sportsbook heads spoke to CNBC about Super Bowl 49 betting action.
What’s a Good Pay Per Head for Super Bowl 49
There will most certainly be a high demand for a solid Pay Per Head this Super Bowl 49 and RealBookies.com per head service should certainly be considered.
Here is just some of what they have to offer:
Sign up and get four weeks FREE.
Only $10 Per Head (per player) weekly
Fully Customizable Software
BetDSI.com Begins Offering Bitcoin as Payment Option
BetDSI.com, one of the biggest and most established online sportsbooks, has officially opened Bitcoin as an option for all members just in time for the Super Bowl. As always, you can claim up to $2500 in free cash when joining BetDSI.com.
Defunct Revel Casino Gets Big Tax Break for 2015
ATLANTIC CITY, New Jersey — (Associated Press) - Revel has finally won something. The former Atlantic City casino is getting a big tax break this year under a settlement it reached with the city and will see its property tax assessment for 2015 be reduced from $625 million to $225 million.
Nitrogen Sports Bitcoin Book to Begin Accepting US Dollars
Nitrogen Sports is beginning to distinguish itself from one of those many fly-by-night “Bitcoin-only” books that have come and gone with the drop of a….well, the drop of the anonymous digital currency’s price. A great number of these so-called sportsbooks existed only to take advantage of the dramatic swings in Bitcoin's price, benefitting from upward mobility. Those days appear to be over.
Atlantic City Gets Another Downgrade
(Reuters) - Standard & Poor's Ratings Services cut Atlantic City's rating four notches to junk at 'BB' on Tuesday, the second Wall Street rating agency to issue a super-downgrade in the days before the city plans a $12 million note sale.
On Friday, Moody's Investors Service, which had already rated the city's debt non-investment grade, cut its rating on the financially distressed New Jersey gambling hub six notches deeper into junk.
Bitcoin Will Explode to Beyond $1 Trillion
The anonymous digital currency known as Bitcoin is set to explode beyond $1 trillion, so says those famous Winklevoss twins.
Tyler and Cameron Winklevoss, best known for their legal battle with Facebook founder Mark Zuckerberg, are both major investors in the crypto currency.
Steve Wynn Salary Cut Nearly in Half: Plane Privileges Reduced
Casino mogul Steve Wynn has had his salary cut nearly in half and his private plane privileges reduced drastically.