Business & Financial

Tom Brady Plays a ‘Sexy’ Telemarketer in DailyMVP Fantasy Ad

A commercial featuring New England Patriots starting quarterback Tom Brady as a telemarketer was released Wednesday.  Brady is touting daily fantasy sports site DailyMVP.com.

In the advertisement, Brady dons a wig and phone headset. 

Submitted by Aaron Goldstein on, Dec/04/2014

Betfair to Return 200 Million Pounds to Shareholders With 50 Percent Rise in Customers

(Reuters) - Online gambling company Betfair  (BETF.L) plans a cash return of 200 million pounds to shareholders and higher dividend payouts after posting a 51 percent rise in first half earnings.

The firm, which operates an exchange that allows gamblers to bet against each other, said on Thursday it made core earnings (EBITDA) of 73.9 million pounds in the six months to Oct. 31, on revenue up 26 percent to 237.6 million pounds.

The revenue growth was driven by strong customer base growth, the football World Cup and favourable sports results.

Submitted by Reuters on, Dec/04/2014

Sky Sells Majority Stake in Sky Bet Online Gambling

(Reuters) - European pay-TV group Sky has agreed to sell a controlling stake in Sky Bet to CVC Capital Partners in a deal which values the online betting business at 800 million pounds ($1.3 billion).

Sky said the sale would enable it to focus on the growth areas within its pay-TV business, where it has recently expanded into continental Europe with the purchase of Sky Italia and 90 percent of Sky Deutschland.

Submitted by Reuters on, Dec/04/2014

Planned Tax Cut Could be Atlantic City’s Last Hope

(Associated Press) - Predictable tax bills for casinos and certain revenue for Atlantic City’s government are the goals of a plan unveiled this week by two New Jersey state senators looking to help the struggling seaside resort, which has seen four of its 12 casinos close this year.

The plan by state Senate President Stephen M. Sweeney, D-Gloucester, and Sen. James Whelan, D-Atlantic, would let casinos collectively pay $150 million in lieu of taxes for two years, and then $120 million a year after that, assuming gambling revenue stays at a certain level.

Submitted by Associated Press on, Dec/03/2014

Ladbrokes Begins Search for New CEO

(Reuters) - British bookmaker Ladbrokes (LAD.L) said it would replace under-pressure chief executive Richard Glynn after five years in charge, seeking a new leader to help strengthen its online operations.

Shares in Ladbrokes traded almost two percent higher at 9.20 a.m. on Wednesday, reflecting hopes that the change would enable the company to close the gap on market leader William Hill (WMH.L) and compete better in the growing online sector.

Submitted by Reuters on, Dec/03/2014

DraftKings.com Enters Into Partnership With Dreadful Winless 76ers

The Philadelphia 76ers have entered into a partnership arrangement with Daily Fantasy Sports behemoth Draftkings.com.  The Boston-based fantasy company already has a partnership arrangement with the New England Patriots but the 76ers represent their first NBA deal.  Claim Your FREE $250 Here (use bonus code

Submitted by Tyrone Black on, Dec/02/2014

Betfair Dumps Online Poker in New Jersey: Will Continue to Offer Casino Games

A second online gambling firm in New Jersey has shut down its poker room in so many weeks.  Betfair follows UltimatePoker, which pulled out of the state entirely in October.  Betfair has vowed to continue offering Internet casino games such as blackjack and slots.

A Betfair representative confirmed the closure of its online poker room to the website USPoker.com Tuesday morning.

From USPoker.com:

Submitted by Aaron Goldstein on, Dec/02/2014

Những người ghi cá độ trong vùng San Diego cho người Việt Nam

Có rất nhiều người ghi cá độ nói tiếng Việt trong vùng San Diego cũng như có nhiều trung tâm chăm sóc khách hàng đã chuẩn bị để xử lý kinh doanh cho họ. PayPerHeadAgents.com là một doanh nghiệp Trả Theo Đầu Người như thế.

Submitted by Minh Nguyen on, Dec/02/2014

3-Time Cy Young Winner Clayton Kershaw Signs on With FantasyDraft

3-time Cy Young winner LA Dodgers pitcher Clayton Kershaw has signed on to represent FantasyDraft.com, a new Daily Fantasy Sports website.

Submitted by Tyrone Black on, Dec/02/2014

Yahoo Shuts Down Its Online Poker Room After Only One Month

Yahoo has taken the drastic step of shutting down its online poker room after launching just one month ago. The company cited security concerns in its decision.  Yahoo Poker will be closed effective December 31.

Submitted by Ace King on, Dec/01/2014

Gambling Revenue Falls in November

(Reuters) - Gambling revenue in the world's biggest gambling hub Macau fell 19.6 percent in November on an annual basis, the sixth consecutive drop, as China's pervasive war on corruption and slowing economic growth damp the appetite to wager.

Gambling revenue from Macau's 35 casinos fell to 24.3 billion patacas ($3.04 billion) in November, the fifth consecutive monthly decline, from 33.5 billion patacas a year earlier, according to data released by the Macau government on Monday.

Analysts were expecting a decline of 18 percent to 21 percent.

Submitted by Reuters on, Dec/01/2014

Do Sports Bettors Convert Into Daily Fantasy Sports Players and Vice Versa?

For those of you wondering whether a sports bettor can be converted into a fantasy player, the answer to this question is a resounding YES.

The same has not always held true for season long fantasy leagues, however, as online sportsbooks trying to capture that market have learned in past years.

Submitted by Tyrone Black on, Dec/01/2014

Hustler Wants to be First Strip Club With Sportsbook: Free Lap Dances for Winners

The Hustler strip club, founded by infamous publisher and porn peddler Larry Flynt, has filed an application with the Nevada Gaming Commission to become the first strip club offering a sportsbook. Claim Your FREE $250 Here (use bonus code G911).

Submitted by Jagajeet Chiba on, Dec/01/2014

Isle of Man Issues Statement on UK’s Point of Consumption Tax

In response to the introduction of Point of Consumption tax on Monday 1st December 2014, please find the below statement from Peter Greenhill, head of e-gaming for the Isle of Man Department of Economic Development:

Submitted by Press Release on, Dec/01/2014

From Poker Player to Bitcoin Miner: Chris McAlary Talks Coin Cloud ATM

Chris McAlary tells CalvinAyre.com he decided to start the Bitcoin mining website Coin Cloud ATM following the events of April 15, 2011 in which three of the world’s largest online poker sites were forced to make abrupt exits from the US market, a result of indictments leveled against several key executives from each company.

Submitted by Aaron Goldstein on, Nov/30/2014

Michael Mizrachi Launching Bitcoin Online Poker Site

One of the biggest names in poker, Michael Mizrachi, has announced plans to open his own bitcoin online poker room.

In an exclusive interview with the online gambling industry trade website CalvinAyre.com, Mizrachi revealed his decision to get in on the operating side of things in light of all the difficulties in securing sponsorship deals.

Submitted by Nagesh Rath on, Nov/28/2014

Class Action Lawsuit Filed Against FanDuel.com

A class action lawsuit was filed in the U.S. District Court for the Southern District of Florida this week against one of the largest fantasy sports sites FanDuel.com.

Submitted by Don Shapiro on, Nov/27/2014

Americas Cardroom to Implement Bitcoin Withdrawals Next Week

Americas Cardroom CEO Phil Nagy confirmed Wednesday evening that the popular online poker room plans to roll out its Bitcoin withdrawal platform some time during the first week of December (an exact date was not immediately known).

“We were working on this today and should have the withdrawal functionality ready by next week,” Nagy said during a four hour live streaming Q&A format broadcast on Gambling911.com Wednesday evening.

Submitted by Ace King on, Nov/27/2014

Victoria Coren Leaves PokerStars: Cites Move Away From Poker

Female poker pro Victoria Coren-Mitchell has announced she is leaving Team PokerStars.  Her reason: They are adding an online casino and that goes against her beliefs.

“PokerStars.com announced that it will be rolling out online casino gaming alongside its internet poker,” Coren-Mitchell wrote on her blog.  “As a result, on Saturday morning, I terminated my endorsement contract with them.

Submitted by Ace King on, Nov/26/2014

Bozo The Clown Sidekick May be the Man to Save the Taj Mahal

Magician Herbert L. Becker, a one time sidekick to the famed clown Bozo, may be the one to save Taj Mahal. 

Submitted by Aaron Goldstein on, Nov/26/2014

Irish Businesses Flourish in Tough Eurozone Economy: Paddy Power Leads the Way

Irish bookmaker Paddy Power has seen strong returns over the past month whereas much of the Eurozone is encountering a weakening.

Ireland businesses in general have been flourishing amidst the tough economic times throughout Europe. Both the nation’s major airlines, Ryanair, the biggest in Europe, and Air Lingus, continue to thrive.

Submitted by Aaron Goldstein on, Nov/26/2014

Foxwoods Cuts Back on Gambling

HARTFORD, Conn. - (Associated Press) - Foxwoods, the largest casino resort in North America, is reducing its number of slot machines and table games to free up space for nightclubs and other new attractions as it adapts to fierce competition, the new CEO said in an interview with The Associated Press.

Submitted by Associated Press on, Nov/25/2014

Last Minute Reprieve for Taj Mahal as Icahn Ready to Make Union Concessions

Carl Icahn, the Taj Mahal’s largest debtholder, has decided to make some concessions to unions after all.

BetOnline

Submitted by Aaron Goldstein on, Nov/24/2014

Caesars Receives Notice of Default From UMB Bank

Caesars Entertainment Corp. said on Monday that its main operating unit received a notice of default from UMB Bank last week at a time when the gambling firm is seeking creditor approval for a potential real estate investment trust plan.  Caesars called the UMB claims “meritless”.

BetOnline

Submitted by Aaron Goldstein on, Nov/24/2014

DraftKings Outage Could Not Have Come at Worst Possible Time: Refunds Promised

One of the world’s largest daily fantasy sports sites, Draftkings.com, experienced a disastrous power outage on Sunday during Week 12 of the NFL.  The company is expected to lose hundreds of thousands of dollars as a result.  Worse still, Draftkings.com advertised throughout Sunday’s NFL games.

The issues were deemed as “Connectivity Issues” apparently starting just minutes before the early afternoon games.

Submitted by C Costigan on, Nov/23/2014

Fanduel Joins Forces With Lakers, Draftkings the Broncos and PlayMLF Golden State

It’s been an active week for the fantasy sites teaming up with professional sports teams.  We’ve seen FanDuel.com cut a deal with the LA Lakers, Draftkings join forces with the Broncos and PlayMLF.com partnering up with the Golden State Warriors. 

BetOnline

Submitted by Aaron Goldstein on, Nov/23/2014

Dallas Bookies: Fort Worth Loving Their TCU Horned Frogs

Dallas bookies and those residing in the Fort Worth area must be smiling these days.  Their Cowboys, Mavs and Horned Frogs are winning as we head into the winter period of 2014-2015.  This is great for local bookies and Pay Per Head businesses alike.

Submitted by Aaron Goldstein on, Nov/23/2014

DailyMVP.com Hits the Daily Fantasy Sports Market Minus the Salary Cap

The latest installment in the fast growing daily fantasy sector is DailyMVP.com, a site that looks to distinguish itself from the rest of the pack by offering fantasy sports without the salary cap platform found at other sites.

Submitted by Aaron Goldstein on, Nov/22/2014

New York Post: Meet the Man Who Makes Six Figures Off Fantasy Sports

“It was the craziest thing,” 24-year-old Brooklynite Mark Guindi tells the New York Post. “I wake up one day, put up a $25 entry fee, and I make 12,000 bucks.”

Submitted by Aaron Goldstein on, Nov/21/2014

Wynn Resorts Probe for Possible Money Laundering Tied to Sports Betting

CNBC is reporting that Wynn Resorts is under investigation for possible money laundering, specifically sports betting by high rollers and whether VIPs laundered drug money through the company’s casino.

Submitted by Aaron Goldstein on, Nov/21/2014

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