Business & Financial
CNN Live Twitter Chat Thursday: The Future of Bitcoin
CNN is scheduled to discuss the topic of Bitcoin’s future in a live Twitter chat Thursday December 18, 2014 at 12 PM EST @CNNTech. The anonymous digital currency has finally begun to catch on in the Internet gambling community after a long period of resistance. A number of mainstream outlets are also starting to take notice.
A panel of experts have been assembled to discuss Bitcoin. They include:
Maximum Fantasy Sports is Setting the Trends in the Industry
Site originates game varieties that others then copy
CHICAGO -- One of the up-and-coming new fantasy sports websites that is attracting a lot of attention these days is called Maximum Fantasy Sports and is run from the Windy City in the Heartland of America.
That alone makes it stand out--most fantasy sites, it seems, are based on the East or West Coasts.
Bookie Call Center Outsourcing for College Bowl Games, Playoffs
PayPerHeadAgents.com is one of the leading bookie call center outsourcing businesses for this year’s College Bowl games season and the highly anticipated first ever College Football Playoffs.
Judge Voids Revel Sale to Canadian Firm
CAMDEN, N.J. – (Associated Press) -A bankruptcy court judge has voided the proposed sale of the former Revel Casino Hotel in Atlantic City, New Jersey, to a Canadian firm that has since backed out of the deal.
Judge Gloria Burns on Friday granted a request by Revel Entertainment to cancel the $110 million sale to Toronto-based Brookfield Asset Management.
The company had won a court auction for the failed $2.4 billion casino resort. But it backed out when it could not resolve a dispute with bondholders over debt from the construction of the casino’s costly power plant.
Golden Nugget to Sue Over Tax Rise
ATLANTIC CITY, N.J. — (Associated Press) - An Atlantic City casino who says its taxes would rise dramatically under a proposed tax assistance bill designed to help the struggling seaside resort says it will sue to block the plan.
The Golden Nugget says its calculations of the amount each casino would pay under a proposed payment in lieu of taxes drastically raises taxes for it, Resorts and Bally's — three of the city's smaller casinos — while giving huge tax breaks to big casinos owned or soon to be owned by billionaire Carl Icahn and gambling giant Caesars Entertainment.
New Fantasy Site PlayMLF.com Vows to be No. 1 in Two Years
WALNUT CREEK, Calif.--Fantasy sports today are where poker was 10 years ago. The scene is exploding with popularity. Huge amounts of money are being won. And new names are joining the game every week.
Disconnects at Online Poker Rooms During Tournaments May Be DDoS Attacks
The dreaded DDoS or Distributed Denial of Service attacks may be back and affecting a number of online poker tournaments across many network sites.
Carbon Poker’s recent spate of server disruptions and disconnection issues have sparked fears of a DDOS attacker deliberately disrupting games in order to steal pots, writes Philip Conneller of CardChat.com.
Equity Poker Network and PokerHost Call it a Day
Curacao, Netherlands Antilles – The EquityPokerNetwork.com (“EPN”) today confirmed the end to their business relationship with online poker room, PokerHost.com (“PokerHost”), effective as of midnight on Tuesday, December 9th, 2014.
Silkroad Founder Accused in Six Murder-for-Hire Plots: PokerStars to Offer Bitcoin?
With online gambling sites only now beginning to jump on the Bitcoin bandwagon (quite possibly PokerStars among them), some of the earlier Bitcoin startups are currently facing scrutiny, the most notorious of them all being drug bazaar Silkroad.
And now the founder of that underground company, Ross Ulbricht, is alleged to have set up at least six murder-for-hire plots.
FantasyDraft.com Debuts: Apologizes to Players Over Rough Rollout
One of the newest Daily Fantasy Sports sites, FantasyDraft.com on the Web debuted this week but the rollout didn’t exactly go as planned.
FantasyDraft.com hopes to be one of the premier sites of its kind on the Net, providing an alternative to the sector’s dominating players: FanDuel and DraftKings.com.
New Management Team Announced at Paddy Power
Paddy Power's new CEO, Andy McCue, has announced a new management line-up that includes Johnny Hartnett, who has been appointed 'managing director, Paddy Power online' and Christian Woolfenden has been appointed 'managing director, retail (UK & Ireland)'.
Woolfenden replaces McCue following his promotion as Chief Operating Officer.
Peter O'Donovan has been named the company’s new chief product officer. His role will include heading up the technology and product development departments.
MyBookie Review: 20 Percent Cash Up to $500
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Pay Per Head Solutions for Bookies, Agents
PayPerHeadAgents.com is a wholesale reseller of per head solutions that will satisfy all of an agent and bookie’s customers gambling needs.
Fortune.com: How DailyMVP.com Landed Tom Brady
Everybody is talking about the new commercial featuring New England Patriots starting quarterback Tom Brady donning a wig to take on the roll of a telemarketer. But Fortune.com is asking: “How did a little known fantasy app land the likes of a Tom Brady?”
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.
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.
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.
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.
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.
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
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:
Những người ghi cá độ trong vùng San Diego cho người Việt Nam
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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.
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.
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.
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.
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).
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:
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.
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.
