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DraftKings, FanDuel in ‘Deep Doodoo’ But Lawyers With Shovels Can Dig Them Out
One of the premier attorneys in the world of gambling, I. Nelson Rose, was kind enough to send DFS911.com his latest piece on the next steps both DraftKings and FanDuel will need to undertake in getting them out of the “deep doodoo” they are currently in.
Bitcoin Sportsbook Cloudbet Instant Payouts Not So Instant Claims ‘Watchdog’
Sportsbook Review is reporting that a player waiting for a payout via the anonymous digital currency Bitcoin has finally gotten paid after a few days wait despite the book’s claim of “instant payouts”.
DraftKings, FanDuel NY Hearing: G911 Coverage From the Court
Gambling911.com and sister site DFS911.com will be covering Wednesday’s hearing to determine whether Daily Fantasy Sports sites DraftKings and FanDuel can continue conducting business with New York state residents.
Shift Card Bitcoin Debit Card Availability for Online Gambling Sites Unclear
The Shift Card, a first ever Bitcoin debit card for American customers, will soon be available to those residing in select states and could one day be utilized for gambling online.
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Bitcoin: How it Works for Betting Online
Most online betting sites have now incorporated the anonymous digital currency Bitcoin with great success, however, only about a quarter of the wagering population actually know how it works.
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North American Gambling News: Quebec Looks To Block Online Gambling Sites
Gambling911.com has all your latest North American gambling news including that from the United States and Canada.
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DraftKings CEO Admits Not Always in Compliance With Gambling Laws
DraftKings CEO Jason Robins admitted back in May that his company does not always comply with anti-gambling laws, and more specifically, the Unlawful Internet Gaming Enforcement Act (UIGEA) that exempts fantasy sports.
Paddy Power Racist ‘Immigrants Jump in the Back’ Ad Banned
Controversial Irish bookmaker Paddy Power is at it again with yet another ad that has drawn the ire of the UK’s Advertising Standards Authority (ASA).
From the Irish Examiner:
Pennsylvania House Committee Pushes Through Online Gambling Bill
The Keystone state is one step closer to passing a measure that would make online gambling legal within its borders.
The Pennsylvania House Gaming Oversight Committee backed a measure that would require land-based casinos in the state to license Web casinos.
In an 18-8 vote, representatives elected to advance the proposition to its chamber’s floor for further discussion and additional voting.
The measure is authored by the Oversight Committee Chairman State Rep. John Payne (R-District 106)
G911 World Exclusive: Turner Sports Tries Shutting Down Sports Capping Site
A sports handicapping website that appears to be affiliated with Turner Sports has no such affiliation, and the real Turner Sports is attempting to have it shut down, Gambling 911 can reveal in a world exclusive report!
Brother of Texas Rangers Pitcher Yu Darvish Charged With Running Gambling Ring
The younger brother of Texas Rangers star pitcher Yu Darvish arrested last month has been charged with running a gambling ring by Osaka, Japan prosecutors.
Charlie Sheen Reveals He is HIV Infected Actor: Oddsmaker Almost Right
An oddsmaker who suggested actor Charlie Sheen would be among those favored as the Hollywood actor with HIV was correct as the act revealed Tuesday morning on NBC's "Today".
During the interview, Sheen insisted he had endangered nobody.
SunBurnt Face Man Sportsbet Ad Deemed ‘Offensive’, Pulled Off the Air
The Advertising Standards Board of Australia has upheld a complaint against bookmaker Sportsbet for its ad promoting racing specials for Cox Plate Day.
Georgia May Be Next to Boot Daily Fantasy Sports Sites
ATLANTA (Associated Press) - Georgia Attorney General Sam Olens says his office is investigating whether daily fantasy sports violate state law.
Olens recently told the Augusta Chronicle that the issue is pending in his office.
NY Assemblyman: ‘AG has Gone Way Over Line With Daily Fantasy Sports Probe’
In an interview with the Associated Press, New York Republican Assemblyman Dean Murray said of his state’s Democratic Attorney General Eric Schneiderman: "He's gone way over the line" with the fantasy sports probe.
FanDuel, DraftKings OK With Gambling Label in UK
BOSTON (Associated Press) — Top daily fantasy sports companies are fiercely rejecting the idea that their rapidly growing industry should be considered gambling in the United States.
Bookies Hit Hard by Buckeyes, Spartans Covers
Two of the most wagered on sides, the Ohio State Buckeyes and Michigan State Spartans, came through with flying colors Saturday, thus handing the bookies some big losses in Week 11.
Bookie Beat Down for NFL Week 10: Packers, Panthers, Patriots and Saints
It’s pretty consistent across the board that there are four sides seeing the single most substantial action at sportsbooks during Week 10.
Bookie Beat Down for November 14: Ohio State, MSU
Among the top three biggest threats to bookies Saturday are covers by big favorites Ohio State and MSU as well as the +3 underdog Oklahoma Sooners.
FanDuel Stops Taking Money From New York Residents
FanDuel says it has stopped accepting money from New York residents following that state’s Attorney General demand to cease taking bets there.
It’s Okay to Gamble on Friday The 13th: You May Even Get Lucky
Some of you will be avoiding black cats, walking under ladders and even gambling this Friday The 13th. The black cats and ladders we can see, but staying away from gambling?
FanDuel Going After New York Attorney General Hard: Nets Back Company
The world’s largest Daily Fantasy Sports company, FanDuel, has come out swinging against New York Attorney General Eric Schneiderman’s assertion that Daily Fantasy Sports is illegal gambling in disguise. He has ordered both FanDuel and DraftKings to cease taking bets from New York residents. As of late Thursday, both continue to do so.
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Amaya Gaming 2015 Q3 Earnings Results
MONTREAL, Amaya Inc. ("Amaya" or the "Corporation") (NASDAQ: AYA; TSX: AYA) Tuesday reported its financial results for the three and nine-month periods ended September 30, 2015. Unless otherwise noted, all references to"$" and "CAD" are to the Canadian dollar, "US$" and "USD" are to the U.S. dollar and "€" and "EUR" are to the Euro.
Quirky New Jersey Fantasy Sports Case Decision Leaves FanDuel Optimistic
Daily Fantasy Sports giant FanDuel is citing a 2007 New Jersey Fantasy Sports case in hopes of fighting claims against it by New York’s Attorney General that what it does is “illegal 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:
