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Keyword: gambling

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  • Sportsbooks get crushed on Super Bowl betting thanks to Eagles upset

    02/05/2018 3:38:02 AM PST · by C19fan · 23 replies
    Larry Brown Sports ^ | February 4, 2018 | Larry Brown
    The outcome of the Super Bowl was a nightmare not just for the New England Patriots and their fans, but also for most sportsbooks. There was so much money bet on the Philadelphia Eagles either via the point spread or the moneyline that most books were hoping for a Patriots win. Of note, there were several huge seven-figure bets placed on the Eagles that gamblers were able to cash on. William Hill sportsbook took a lost of over $4.6 million on three massive bets on the Eagles alone. 54 percent of their bettors were on the Eagles side of the...
  • Belief in the underdog: Four million-dollar bets placed on Eagles in Super Bowl LII

    02/04/2018 5:58:35 AM PST · by C19fan · 23 replies
    ESPN ^ | February 3, 2018 | David Purdum
    With a day to go before kickoff, four reported million-dollar bets have already been placed on Super Bowl LII -- all on the underdog Philadelphia Eagles. A bettor on Friday at William Hill placed a $1 million money-line bet on the Eagles at +155 odds. If Philadelphia pulls the upset over the New England Patriots, the unnamed bettor would net a $1,550,000 profit.
  • Nevada Regulator Investigates Wynn, Raising Chance of Ouster [Bloomberg Link Only]

    01/31/2018 7:35:37 AM PST · by C19fan · 2 replies
    Bloomberg [Link in Thread Body] ^ | January 31, 2018 | Christopher Palmeri
    Click here to go to Bloomberg.
  • NBA Seeking 1 Percent of Every Bet Made on Games If Gambling Legalized

    01/25/2018 10:53:00 AM PST · by SoFloFreeper · 27 replies
    Bleacher Report ^ | 1/24/18 | Joseph Zucker
    ....NBA commissioner Adam Silver has been open about his willingness to embrace the practice. He wrote an op-ed for the New York Times in 2014 in which he advocated for the legalization of sports betting. "In light of these domestic and global trends, the laws on sports betting should be changed," Silver said, citing sports betting’s popularity both among fans in the United States and throughout the world. "Congress should adopt a federal framework that allows states to authorize betting on professional sports....
  • Famous World Series Bettor Looking To Put At Least $10 Million On Eagles

    01/24/2018 3:31:21 PM PST · by C19fan · 40 replies
    CBS Philly ^ | January 24, 2018 | Andrew Porter
    Do you remember the let-it-ride World Series bettor who won $14 million? Well, the anonymous gambler is planning on putting at least $10 million on the Eagles to beat the Patriots in Super Bowl 52, according to RJ Bell. It would be the biggest sports bet in Las Vegas history.
  • Out-of-pocket gamblers' fury at victorious Vikings: Last-gasp heroes Minnesota take the knee [tr]

    01/15/2018 6:06:06 AM PST · by C19fan · 59 replies
    UK Daily Mail ^ | January 15, 2018 | Ariel Zilber
    The Minnesota Vikings’ final act of sportsmanship in their shock victory over the New Orleans Saints on Sunday cost bettors a lot of money. The Vikings won the NFC Divisional Round game over the Saints on a last-second 61-yard touchdown pass to wide receiver Stefon Diggs at US Bank Stadium in Minneapolis. When Diggs ran into the end zone, the clock read 0:00, meaning the game was over. But the rules of football stipulate that even if a team scores a touchdown with no time left on the clock, it still needs to kick an extra point. Diggs’ touchdown gave...
  • Legalize Sports Betting

    12/31/2017 6:33:56 AM PST · by Kaslin · 35 replies
    Townhall.com ^ | December 31, 2017 | Steve Chapman
    Americans have long since broken free of their Puritan past, but the Puritan impulse is not quite dead. Among the places it shows signs of life is the 1992 federal law that prohibits states from -- you are not going to believe this -- allowing betting on sports. If a Martian arrived today, of course, she would deduce that in this country, betting on sports is not forbidden but mandatory. In practice, it's as American as Dunkin' Donuts. March Madness costs businesses an estimated $4 billion a year in lost productivity, and it's not because employees waste time singing their...
  • A horse’s jockey falling off at the finish cost a bettor over $571,000

    12/29/2017 3:23:04 PM PST · by packrat35 · 11 replies
    MSN ^ | 12/29/2017 | MSN
    We hope whoever the bettor is who lost over $571,000 on this heartbreaker that the new year gives you better luck. At Florida's Gulfstream Park, a horse was this close to winning a race and giving a single gambler the chance at a massive payday! But then … oh nooooooooooooooooooo. Jockey Emisael Jaramillio was tossed from Cryognic just a few steps from the wire, which meant the thoroughbred was out of the running.
  • The day zero was banned from British roulette – how times have changed

    12/29/2017 2:40:31 PM PST · by Red Badger · 10 replies
    phys.org ^ | December 29, 2017 | by Leighton Vaughan Williams, The Conversation
    <p>On December 30, 1967, senior detectives from Scotland Yard sent owners of gambling clubs into a proverbial spin. Anyone operating a roulette wheel that contained the number zero would be prosecuted, they warned. From now on the whirl of numbers would all be reds and blacks – starting with the number one.</p>
  • N.J. argues that it can legalize sports betting, and Supreme Court seems to agree

    12/04/2017 9:51:42 PM PST · by ConservativeStatement · 21 replies
    Washington Post ^ | December 4, 2017 | By Robert Barnes
    A majority of the Supreme Court seemed ready Monday to allow New Jersey to proceed with its plan to legalize sports betting at casinos and racetracks, a move that could open a rush among states to grab a share of what is now billions of dollars in illegal gambling. Several justices suggested that they agreed with New Jersey’s argument that a federal prohibition from 1992 barring states from authorizing sports betting is flawed because the law forces states to keep in place a betting ban that their residents no longer favor.
  • Was Las Vegas shooter using gambling to launder money? A lot points in that direction

    11/21/2017 12:21:18 PM PST · by E. Pluribus Unum · 35 replies
    The Vindicator ^ | October 14, 2017 | Ann Coulter
    Now the media are just taunting us with their tall tales about Stephen Paddock, the alleged Las Vegas shooter. Reputedly serious news organizations are claiming that he made a living playing video poker. That’s like claiming someone made a living smoking crack. The media are either doing PR for the gambling industry or they don’t want anyone considering the possibility that Paddock was using gambling to launder money. NBC News reports, with a straight face: “Las Vegas gunman earned millions as a gambler.” A Los Angeles Times article is headlined, “In the solitary world of video poker, Stephen Paddock knew...
  • Mysterious World Series gambler betting $14 million on Game 7 after winning on every game so far

    11/01/2017 2:51:38 PM PDT · by DoodleDawg · 38 replies
    SB Nation via MSN ^ | 11/1/17 | Jamed Dator
    A gambler out of Eastern Europe has already won big on the World Series, and he has no signs of stopping. Now he has over $14 million on the line for Game 7 and has left the gambling world wonder “how?”  This isn’t a case of a single gambler throwing down huge money on a single game. The bettor has won on all six World Series games so far — spread across multiple bookies — and let it ride after every single win. When the Dodgers won Game 6, he could have taken home over $14 million, but he let...
  • Vegas says it will be the Trolly Dodgers by a hair in Game 7

    10/31/2017 10:38:40 PM PDT · by Az Joe · 20 replies
    Vegas Insider ^ | 10/31/17
    Place your bets
  • American gambler dubbed the 'Tiger Woods of Poker' will not be paid £7.7m baccarat winnings [tr]

    10/25/2017 5:41:28 AM PDT · by C19fan · 19 replies
    UK Daily Mail ^ | October 25, 2017 | Mark Duell
    Top poker player Phil Ivey has lost a Supreme Court challenge over his £7.7million winnings from a casino. The 40-year-old American has been fighting to recover the money since successfully playing a version of baccarat known as Punto Banco at Crockfords Club in Mayfair in 2012.
  • North Korea's Kim Jong Un permits racetrack gambling as international sanctions take hold

    10/16/2017 7:53:20 PM PDT · by ConservativeStatement · 8 replies
    CNBC ^ | October 16, 2017 | Sam Meredith
    North Korean race-goers who once risked three years hard labor for gambling are now able to bet on local horse races, as the one-party state searches for new ways to generate hard currency in the wake of tough international sanctions. In recent weeks, North Korea's access to foreign money has been significantly limited by a flurry of international sanctions over Pyongyang's missile and nuclear weapons programs.
  • Las Vegas Gunman Chased Gambling’s Payouts and Perks

    10/04/2017 9:07:48 PM PDT · by 2ndDivisionVet · 29 replies
    The New York Times ^ | October 4, 2017 | Serge F. Kovaleski, Sabrina Tavernise and John Branch
    LAS VEGAS — The video poker machines that Stephen Paddock liked were the ones that did not draw attention. They had few look-at-me flashing lights or listen-to-me bells. He would sit in front of them for hours, often wagering more than $100 a hand. The way he played — instinctually, decisively, calculatingly, silently, with little movement beyond his shifting eyes and nimble fingers — meant he could play several hundred hands an hour. Casino hosts knew him well. “Not a lot of smiles and friendliness,” said John Weinreich, who was an executive casino host at the Atlantis Casino Resort Spa...
  • Vegas shooter had 200+ reports of suspicious activities, large financial transactions in casinos

    10/04/2017 1:47:11 PM PDT · by Oldeconomybuyer · 197 replies
    ABC News ^ | October 4, 2017 | By MIKE LEVINE
    As authorities pick apart the life of Las Vegas shooter Stephen Paddock, they have come across one major thread of suspicious behavior: how he handled his money. In the last three years alone, more than 200 reports about Paddock’s activities, particularly large transactions at casinos, have been filed with law enforcement authorities, ABC News was told. While some of the reports centered around "suspicious activity," most were "currency transaction reports," which casinos are required to file with the Treasury Department's Financial Crimes Enforcement Network when a person withdraws or deposits more than $10,000 in cash.
  • Las Vegas Shooter Gambled With At Least $160K In Recent Weeks

    10/03/2017 10:26:58 AM PDT · by Red Badger · 67 replies
    NBC News ^ | 10-03-2017 | by Tom Winter, Pete Williams and Andrew Blankstein
    Mandalay Bay shooter Stephen Paddock gambled with at least $160,000 in the past several weeks at Las Vegas casinos, according to multiple senior law enforcement officials. There were 16 separate Currency Transaction Reports, or CTRS, filed for Paddock in recent weeks. The Treasury Department and the IRS mandate that casinos have to file the reports for "each transaction in currency involving cash-in and cash-out of more than $10,000 in a gaming day." The reports don't show whether Paddock won or lost or both on the days in question. They do show that on same days there were multiple transactions. A...
  • Las Vegas gunman Stephen Paddock was a high-stakes gambler who 'kept to himself' before massacre

    10/02/2017 12:28:37 PM PDT · by Raebie · 53 replies
    The Washington Post ^ | Oct. 2, 2107 | William Wan, Sandhya Somashekhar, Aaron C. Davis and Barbara Liston
    Before he opened fire late Sunday, killing at least 58 people at a country music festival on the Las Vegas Strip, gunman Stephen Paddock was living out his retirement as a high-stakes gambler in a quiet town outside Las Vegas. Paddock, 64, would disappear for days at a time, frequenting casinos with his longtime girlfriend, neighbors said. Relatives also said Paddock had frequently visited Las Vegas to gamble and take in concerts. Eric Paddock said his brother often gambled in tens of thousands of dollars. “My brother is not like you and me. He plays high-stakes video poker,” he said....
  • Who is Stephen Paddock? Multimillionaire Las Vegas shooter, 64, was a hunting enthusiast, licensed

    10/02/2017 2:06:54 PM PDT · by ColdOne · 277 replies
    dailymail.co.uk ^ | 10/2/17 | dailymail staff
    Full title.....................Who is Stephen Paddock? Multimillionaire Las Vegas shooter, 64, was a hunting enthusiast, licensed pilot and gambler with no criminal record who owned a $400,000 home in Nevada retirement community........................The man suspected of opening fire at concertgoers attending a country music festival in Las Vegas on Sunday night was a local resident with no prior criminal convictions in the state of Nevada. Stephen Paddock, 64, lived just 90 minutes outside Las Vegas in the city of Mesquite, where he purchased a home in a retirement community for just over $369,000 in 2015 according to public records. He lived there...