November 25, 2021
LVS To Make Offer For Playtech?
November 16, 2021
Almost £225,000 in wages and freebies taken from gambling industry by 28 MPs
November 09, 2021
Playtech in talks with shareholder Gopher on potential takeover; Aristocrat's bid faces competition
November 08, 2021
Dirk Kuyt and Wesley Sneijder 'interrogated' as witnesses in drug case investigation
October 06, 2021
Top NBA Gambling Exec Warns On Going ‘Too Far, Too Fast’ With Sports Betting
Jamaica Invites Tenders For Casino Resort
October 04, 2021
Israeli billionaire escapes attempted assassination in Cyprus
According to the report, Sagi, 49, was the target of an assassination plot in Cyprus due to debts he owes to Russian business partners. A hired killer of Azerbaijani origin was reportedly waiting for Sagi there. According to Walla News, the assassin holds a Russian passport.
But Sagi fled the country at the last minute, after receiving a warning of the plot from authorities, reported Channel 12. According to Ynet, the assassin was arrested in Cyprus days later, after he crossed the Agios Dhometios checkpoint in Nicosia from the Turkish-ruled northern part of the country.
The attempted attack was originally thought to be an Iranian plot to target Israelis, but authorities now believe it was specifically against Sagi, and Iran may not be involved at all. According to Forbes, Sagi is worth $5.6 billion, and is the fourth richest person in Israel.
Cyprus is home to about 3,500 Jews. It is a particularly popular vacation destination for Israelis, at less than an hour’s flight from Tel Aviv.
September 30, 2021
Disney’s Aggressive Move Into Sports Betting
Playtech signs multi-state agreement in U.S. with Unibet
September 23, 2021
Betsson’s Chairman to Leave Amid Wave of Distrust
August 02, 2021
NHL investigating after wife says Evander Kane bet on his own games
Kane’s wife Anna alleged in a Saturday night social media post that her husband gambled on his own hockey games, writing on Instagram, “@nhl Can someone ask [NHL Commissioner] Gary Bettman how they can let a player gamble on his own games? Bet and win with bookies on his own games?”
She also wrote in a social media post, “How does the NHL let a compulsive gambling addict still play when he’s obviously throwing games to win money? Hmm maybe someone needs to address this,” according to The Associated Press.
In a separate Instagram post, Anna Kane, who is reportedly pregnant with the couple's second child, said her husband left for a vacation in Europe when “our house is being taken by the bank.” She also accused him of forcing her to sell her wedding ring while noting that she was unable to purchase formula for their 1-year-old daughter.
The NHL responded on Saturday night, writing in a tweet that it was “made aware” of the allegations and that it plans to “conduct a full investigation.”
“The integrity of our game is paramount and the League takes these allegations very seriously,” the league added.
Evander Kane reacted to the allegations on Sunday morning, posting two statements to social media that rejected the claims made by his wife.
“Unfortunately I would like to address the completely FALSE accusations that my estranged wife and soon to be ex wife has made against me,” Evander Kane wrote.
“I have NEVER gambled/bet on Hockey, NEVER gambled/bet on any of my games and NEVER thrown a hockey game,” he added.
Kane said he looks forward to “cooperating fully with the league’s investigation, having my name cleared and looking forward to this upcoming season.”
The Sharks player also addressed the allegations made against him regarding his daughter in a separate statement, accusing his wife of restricting his access.
“She has refused me to see her and has unfortunately tried to use my daughter as leverage. I will continue to always take care of my family that goes without question,” he wrote.
“I would encourage people to realize that someone who goes to this length to try and jeopardize someone's career with lies is mentally unwell. I hope this is the last time I will be publicly addressing any further misrepresentations of me as a father,” he added.
San Jose Sharks Media Relations Manager Kyle Stuetzel said the team supports a “full and transparent investigation” into the “serious allegations” made against Kane.
“The San Jose Sharks have been in contact today with the National Hockey League about the serious allegations made against Evander Kane. We support a full and transparent investigation into the situation to maintain the integrity of the game and consistency with our team values,” Stuetzel told The Hill in a statement.
“The Sharks will not be commenting further at this time,” he added.
In 2019, Kane was sued by a casino in Las Vegas that argued that the player did not pay a $500,000 gambling debt that was incurred during a playoff series against the Golden Knights, according to the AP.
Kane is three seasons into his seven-year, $49 million contract with the Sharks, the news service noted.
June 17, 2021
DraftKings Slumps as Hindenburg Research Alleges SBTech Ties to Illegal Gambling, Organized Crime
June 03, 2021
Matthew Benham: Brentford FC & Matchbook Owner, A.K.A. Moneyball in Football
Although Matthew Benham states that he dislikes the comparison between himself and the movie ‘Moneyball’, let’s be honest, he’s about as close as it gets!
Benham is the owner of current English Premier League side, Brentford FC, and Danish club FC Midtjylland.
It is during his time at both these clubs that the Moneyball man has established himself as a unique character in the football world.
Benham’s footballing beliefs revolve around KPI’s, statistics and algorithmic philosophy.
For example, instead of looking at how many goals a striker scores, he bases his judgements on the number and quality of the chances created by the striker, and how the team perform collectively within the context of the individual’s performance.
His mathematical approach to football was most evident when he sacked former Brentford manager Mark Warburton, along with his assistant manager and sporting director after being promoted to the Championship in 2015.
He believed that competition tables are hugely inaccurate due to the amount of randomness in a competition.
When Borussia Dortmund famously fell into the Bundesliga relegation zone halfway through the 2014/15 season, Benham still had them as the second best team in the league statistically, they were just terribly unlucky.
‘Moneyball’ had been supporting Brentford since 11 years of age, and in 2012 he took over Brentford after bailing them out of a £500k financial hole.
Since then he has invested almost £100m into the club, creating everything from academies, and facilities, to a new stadium which is currently being built.
Brentford finished mid-table in the 2018/19 Championship season, but Benham was always aware that all the money spent on the club will pay dividends in the future. Which it did! Brentford lost the playoff final to Fulham in 2019/20 but avenged that loss the next season, earning promotion to the Premier League after a 2-0 win over Swansea in the playoff final.
Over time, the supporters have fallen in love with Benham after many years of success, you’ll often hear a few songs of praise for Benham from the stands.
Benham’s journey to football club owner was not the traditional one, after earning a Bachelor of Arts degree in Physics from the world-renowned Oxford University.
Funny enough, he started his working life in the Finance industry, eventually becoming the Vice President of the Bank of America in the late 90’s.
But by the 21st century, and yes you guessed it, he moved in the betting world!
Ever heard of Brighton FC Owner and professional sports bettor Tony Bloom? Well, Benham worked for him in 2001!
After his time in the world of Finance, Benham started working as trader for Bloom’s Premier Bet, which is a sports betting bookmaker.
Years down the line and the two had a falling out, leading to Benham’s departure and the start of something more prosperous - SmartOdds.
SmartOdds is the same concept as Tony Bloom’s Starlizard, a statistically-based model providing betting advice for customers and professional bettors.
Although they don’t bring in the same numbers as Starlizard, it was reported in 2017 that Smart Odds’ revenue for the financial year hit £12m from clients in the UK and overseas.
Not only was he now the owner of SmartOdds, but he was also a professional bettor.
Of course his strategies as a bettor are a secret, but his triumphs in the industry are through heavy use of statistical data and modelling. No shock there!
In 2011, he also became the owner of the betting exchange website Matchbook.
Matchbook is one of the best betting exchange websites in the world, giving Benham further industry knowledge and an understanding of the ‘other side of the fence’.
Benham’s overall career earnings form sports betting are completely unknown, but in terms of the betting industry, he’s had just as big of an impact as anyone!
May 19, 2021
Florida Approves Online Sports Betting
As Tuesday drew to a close the Florida Senate voted to pass the new deal with the state and the Seminole Tribe that will see the tribe pay $2.5 billion to state coffers over 5 years.
However the new gaming expansion deal (known as the compact) will see the tribe allowed to build three new casinos and best of all in the deal be the sole exclusive operator of sports betting in Florida.
Indeed only one Senator voted against the new compact and now the House is expected to rubber stamp the deal which is the biggest ever gambling expansion in Florida which is the third largest state by population in the US and the largest state to join the online sports betting industry in the US.
The House is expected to sign off on the deal Wednesday 19th May which has been agreed by governor Ron DeSantis and Seminole Tribe of Florida Chairman Marcellus Osceola Jr.
Senate President Wilton Simpson who is a supporter of the compact said to reporters: “A compact is very, very tough,” he went on to say, “state and tribal leaders have worked on reaching a deal for several years. “It is extremely difficult, because there are so many different competing interests. And if there are 50 competing interests, there are at least then probably a million ways to put those pieces of the puzzle together. So we’re very pleased that we were able to get it passed today.”
The only part of the original deal that has been removed is the possibility for the tribe to discuss with state leaders within five years to expand the online offering to casino games, this caused a major sticking point and so it was agreed by all parties this will now not happen.
Although the deal is approved and expected to be rubber stamped by the House it is expected their will be multiple legal challenges to the new compact.
April 08, 2021
Fox Corporation To Sue Flutter Entertainment
Rupert Murdoch’s Fox Corporation have filed a lawsuit again Betfair Paddy Power owner Flutter regarding a dispute over the share value of US sport betting firm FanDuel.
In a statement by the media corporation it said that it has an option to acquire 18.5% of the shares in FanDuel and at the same price as Flutter Entertainment in December 2019 when both FanDuel and Flutter merged.
It is claimed that Fox is allowed to acquire the shares at the same value as Flutter did as Fox assisted with the merger of the UK and US companies which was valued at $11.2 billion.
Now with Flutter considering listing part of their business on the US stock Exchange Fox wants the shares at the same price not at the offered special price Flutter gave them in July last year.
Flutter is the largest gambling company in the World and the company sees the US in helping it grown bigger, but the possibility of alienating Fox could be dangerous and create what was an assistant into a competitor.
New York Includes Sports Betting & New Casinos In Budget
New York lawmakers working on the 2022 budget for the state have included in it revenues from sports gambling and also three new casinos to be built in downtown New York.
It took all parties late into the night to come to agreement on the fiscal policy for the state that has been ravaged by COVID-19 last year and is still recovering from the pandemic now.
However Governor Andrew Cuomo said on the deal: “we worked with the leaders of the Senate and Assembly to finalize the details of the fiscal year 2022 budget yesterday. It took a lot of effort on everyone’s part, and it was known that finding common ground would not be an easy task.”
In the budget which is not 100% completed or clear, but revenues from what it seems is to be two sports betting operators allowed would have to stump up 50% of revenues to the state coffers. That seems incredibly high but the rewards from working in New York sports betting could still attract major companies to apply for a license.
Also in the budget is the provision to allow three new casino licenses for the state in downtown New York which it believes can generate $500 million a year from each licensed operator.