Monthly Archives: October 2015

a 5m winning Lottery ticket sold in the Mid-West

Congratulations, you’re now registered! Let us know what news and updates you want to hear about and we’ll send them straight to your inbox. COULD it have been you? Last night’s 5.3m Lotto was won in the Mid-West, and the national lottery office has confirmed this morning that the winning ticket was purchased yesterday in Ennis.

a 5m winning Lottery ticket sold in the Mid-West

Congratulations, you’re now registered! Let us know what news and updates you want to hear about and we’ll send them straight to your inbox. COULD it have been you? Last night’s 5.3m Lotto was won in the Mid-West, and the national lottery office has confirmed this morning that the winning ticket was purchased yesterday in Ennis.

Imperial Pacific books $28.5m profit off Macau casino junket decline

Macau’s VIP gaming downturn has prompted the early termination of a deal between junket operator Hengsheng Group and casino operator Imperial Pacific International Holdings Ltd.

In January 2014, the Hong Kong-listed Imperial Pacific agreed to pay HKD 400m in convertible notes for a 5% share of the profits of Hengsheng (also known as Hang Seng), which at the time controlled 82 VIP gaming tables in seven rooms at six Macau casinos. Imperial Pacific claimed documents provided by Heng Sheng indicated that the junket had generated a profit of HKD 462m (US $59.6m) in the first 10 months of 2013.

One year later, Imperial Pacific warned that Hengsheng had delivered less than half its minimum guaranteed annual profit of HKD 24m. This week, Imperial Pacific revealed that its share of Hengsheng’s profits over the first half of 2015 was just HKD 6k ($774).

Before you start crying for Imperial Pacific, consider that Hengsheng had deposited HKD 376m with Imperial Pacific as alternative security for its profit guarantee from 2015 to 2029. This cash deposit was non-refundable, and so Imperial Pacific expects to realize a profit of “approximately HKD 221m” from the cancellation of the deal, which it intends to invest in its proposed resort casino on the island of Saipan.

NFL wideout Pierre Garçon sues FanDuel for ‘misappropriating’ name, likeness

A National Football League player has launched a class action suit against daily fantasy sports operator FanDuel, accusing the site of profiting off himself and other NFL players without compensating them in return.

On Friday, Washington Redskins wide receiver Pierre Garçon filed suit in Maryland, accusing FanDuel of having “misappropriated” the names and likenesses of “offensive skilled position” players. Garçon says FanDuel “knowingly and improperly exploits the popularity” of NFL players, who he’s invited to join his class action.

Garçon’s suit makes no mention of the other major DFS operator, DraftKings, presumably because the NFL Players Association struck a marketing partnership with DraftKings in September that permitted the use of NFL player images.

Interestingly, Garçon was actively shilling for FanDuel last year via his personal Twitter account, offering the chance to win free tickets to Redskins games for players who signed up for the DFS site. Garçon’s personal involvement predated the team partnership the Skins signed with FanDuel last November.

NFL wideout Pierre Garçon sues FanDuel for ‘misappropriating’ name, likeness

A National Football League player has launched a class action suit against daily fantasy sports operator FanDuel, accusing the site of profiting off himself and other NFL players without compensating them in return.

On Friday, Washington Redskins wide receiver Pierre Garçon filed suit in Maryland, accusing FanDuel of having “misappropriated” the names and likenesses of “offensive skilled position” players. Garçon says FanDuel “knowingly and improperly exploits the popularity” of NFL players, who he’s invited to join his class action.

Garçon’s suit makes no mention of the other major DFS operator, DraftKings, presumably because the NFL Players Association struck a marketing partnership with DraftKings in September that permitted the use of NFL player images.

Interestingly, Garçon was actively shilling for FanDuel last year via his personal Twitter account, offering the chance to win free tickets to Redskins games for players who signed up for the DFS site. Garçon’s personal involvement predated the team partnership the Skins signed with FanDuel last November.