Category Archives: In The Law

Indiana To Launch Online Sports Betting

 Indiana’s legal sports betting market could become one of the largest in the country, generating billions of dollars in bets annually and millions in tax revenue for the state for years to come, according to analysts from PlayIndiana.com.

On Thursday, Indiana will become the seventh state to allow the launch of legal online sports betting, but few of its predecessors have had as much potential as a sports betting market. Already with 13 retail sportsbooks, the addition of online sports betting to Indiana could mean that the state’s best-case scenario is to generate nearly $400 million in annual revenue from a handle of close to $6 billion if neighboring states such as Ohio and Kentucky do not legalize sports betting.

“Indiana’s close proximity to Chicago, as well as other relatively large markets such as Cincinnati and Louisville, should help the state punch above its weight class,” said Dustin Gouker, lead analyst for PlayIndiana.com. “As long as Indiana’s neighbors continue to prohibit sports betting, the state should expect huge flows of drive-in traffic.”

The two largest legal sports betting markets in the country enjoy a similar dynamic. Nevada has long relied on drive-in traffic from California to fill its sportsbooks. And New York helps fuel New Jersey’s sports betting industry, which has accepted $3.8 billion in bets since launching in June 2018.

“Indiana most closely resembles New Jersey, where the New York City market sits just across its border, helping to propel the Garden State into a neck and neck race with Nevada,” Gouker said. “If everything goes right for Indiana, it could see remarkable growth, as was the case in New Jersey.”

Such growth would be a boost to Indiana’s state budget. With a tax rate of 9.5%, $400 million in gross revenue for the sportsbooks would inject $38 million into state coffers.

PlayIndiana.com

Indiana’s 9.5% rate could also make it more attractive to operators.

By comparison, Pennsylvania levies a 36% rate, the highest in the nation. New Jersey levies a 9.75% tax on revenue from retail sportsbooks and 13% on online sports betting revenue.

“Indiana has set itself up as one of the most operator-friendly legal sports betting markets in the country,” said Kim Yuhl, analyst for PlayIndiana.com. “That balance should help both sportsbook operators and the state realize their revenue potential.”

For more information and analysis on regulated sports betting in Indiana, visit PlayIndiana.com/news.

ThePlayer.com Goes Live – Targets Regulated US Sportsbetting Market

Tom Brady (Keith Allison)

Cyprus-based online performance marketing firm Multibrands Digital has successfully launched its global sportsbetting odds comparison and tipster service ThePlayer.com – and promises to create value for all “Players” in the business, both bettors and gaming operators.

Following a 3-year successful run with its Swedish product 1X2.se, Multibrands Digital has finally gone global with ThePlayer.com – much to the delight of it’s international fan base that had been patiently waiting for this move. 

Opening its doors 3 weeks ago, ThePlayer.com has already seen 30 000 visitors find their way to the site. ThePlayer.com offers users a comprehensive odds comparison service, expert betting tips, objective sportsbook reviews, in-depth sports data and statistics, a place to keep your own spreadsheet and track your game in detail, and much more. Most major sports are covered, but new ones are added on a regular basis, with eSports next in line. Sports data, odds and statistics are provided by data provider Sportradar – a global leader in its field – and integrated into the services on the site.

“Informed customers are good customers”, says Christoffer Erngren, COO of Multibrands Digital. The times of over-the-top and complex bonus offers as the main way of attracting new customers are more or less over – even more so in regulated markets. We believe the future belongs to services comparing actual product offering like markets, game types and odds, rather than campaigns and bonus offers. As well as giving the user powerful tools to keep track of and improve his or her own game.” 

User interest so far indicates a promising future. At the moment the platform boasts 3000 spreadsheets, 1000 new bets per day posted by its users and close to 10 000 registered members. The site prides itself on maintaining a high level of transparency, as this is key for the tracking of bets, spreadsheets, compiling data and measuring ROI. As an example, the site’s tipsters can’t go back and change bets they have “locked in” in their spreadsheet – adding credibility to the data and the service.

“Our tipsters are carefully selected based on verifiable track record, our data carefully curated, and our platform continuously developed and improved to provide our users with the best possible service. Our ambition is very clear, and that is to become a leader in this field, in multiple markets all over the world. Collaborating with our tipsters via their own social media channels, we are making use of the influencer marketing model, giving us great reach and traffic from a large number of countries already. We plan to focus our efforts on English speaking markets in general, and on the regulated US market in particular”, concludes Erngren. 

Multibrands Digital has recently been approved as an authorized vendor/affiliate in the state of New Jersey and is currently working with a handful of operators there. The company is also looking at other American states that have either regulated or are close to regulate online sportsbetting, for further expansion.

With a successful launch and an ambitious roadmap – including an app for AppStore and Google Play currently in the works, where users will be able to subscribe to their favourite tipsters and get notifications whenever they post new content – ThePlayer.com is firmly on its path to levelling the playing field for all “Players”. 

BETMAPS Launches the First Sports Betting Social Directory

BetMaps, Inc. proudly announces the launch of the BETMAPS website and mobile app. BETMAPS is a place where sports fans, interested in legal sports betting, can find and compare nearby sportsbooks. With BETMAPS, users can read reviews, compare features, find events and specials, and connect with sportsbooks directly.

Sports betting is now legal in 18 states plus Washington, DC. Mobile betting has led the sports betting scene, with up to 85% of bets placed online. That’s great news for the industry. But for some, online betting lacks that loud, exciting, and social element which only a raucous sportsbook can provide.

To attract a new generation of sports fans, sportsbooks have built up their offerings. With their “man-cave” style furniture, pool tables, bar games, and huge walls of ultra-high-definition TVs, today’s sportsbooks have a lot to offer patrons. Other venues like sports bars, taverns, and stadiums are chomping at the bit to run their own sports betting operation. Each venue has something different to offer. However, one thing is clear: for a consumer, sorting through the different options is a tough task.

BetMaps, Inc.

“Through our platform, users can easily search for that perfect place. They can find a spot to make a bet, watch a game, soak up the atmosphere, and hopefully bring home a W,” said BetMaps, Inc. CEO and Founder Isaac Khan. “We do the work, so they can focus on enjoying the game.”

Khan, a pharmacist by trade, gained valuable experience when he started a successful consulting business. An amateur sports bettor at best, Khan saw a growing industry in need of a platform. The opportunity to shake things up was too hard to pass up. So Khan banded together with a few fellow sports fans to change the way consumers choose where to bet on sports. The BETMAPS team are professionals from diverse fields including law, finance, politics, and IT. After many long nights and early morning meetings across tables at sparsely-populated coffee shops and sports bars, BETMAPS has launched a game-changing platform.

Khan concluded, “We are in the early stages of legal sports betting, what better time than now to jump in. We’ll grow and adapt with this space and provide long-term value to our users.”

Study: 2 in 3 Sports Fans Want Betting Integrated into Game Day Experiences

Ahead of the one year anniversary of the Supreme Court’s repeal of the Professional and Amateur Sports Protection Act (PASPA), GlobalWebIndex, the leading supplier of digital consumer insights to the global marketing industry, and The Action Network, the most trusted source for sports betting news and insights, announced the findings of a robust baseline study on sports betting interest in the United States.

To date, ten states have legalized sports betting, and additional states are in the process of doing so. In the twelve months since the PASPA repeal allowed states to legalize sports betting, 68% of sports fans placed a bet, or would have placed a bet if it were legal in their state. The study also suggests mobile will play a crucial role in the continued growth of sports betting and its impact on sports networks, as 67% of sports fans are interested in betting being integrated into live viewing experiences.

Sports betting is a potential boon to established and emerging sports leagues:

  • The majority of sports fans would place a bet on the leagues they support – NBA fans are most likely to do so (88%), followed by NFL fans (86%), eSports fans (86%) and MLB fans (81%).
  • The NBA also outranks other leagues for consumer interest in player-specific bets – nearly half of sports fans (47%) would place a prop bet on Kevin Durant, 41% on Stephen Curry and 37% on James Harden.
  • Sports betting increases gameday investment and engagement – 60% of respondents say they would be more likely to watch a game they bet on.

“In the year since sports betting has been legal in the United States, we’ve seen an explosion of fan engagement and growing revenue potential for rights holders, teams and leagues,” said Patrick Keane, CEO of The Action Network,“As the study confirms, sports fans want better information and insights, and they want to bet legally, conveniently and on their phones.”

Sports Bettors Seek Real-Time Engagement Online & on Mobile

Sports betting has the potential to complement game viewership as fans increasingly tap the power of mobile as their betting habits increase.

  • The majority of sports fans seek real-time betting opportunities — the most interested being 78% of NCAAB fans who say they would place a bet while watching college basketball, followed by fans of NCAAF (75%), MLB (75%), NFL (73%) and NBA (73%).
  • Mobile betting products are rising in importance — 80% of respondents say they would prefer to bet via app or website, compared to 50% who would bet in-person.
  • Sports fans desire specialized apps — 55% are interested in using a mobile app primarily focused on sports betting, with NHL fans (67%) and NBA fans (61%) the most interested.
  • Mobile betting is likely to boost gameday viewership — 54% of sports fans say if they placed a bet, they would be more likely to follow the game through a sports news app or gambling app.
  • In-app game streaming supports real-time betting — 44% of sports fans say that, if possible, they would place a bet while following a game in-app.

“As the legalization of sports betting continues to spread throughout the U.S., our insights suggest mobile will become a predominant channel of engagement,” said Jason Mander, Chief Research Officer at GlobalWebIndex. “The ubiquity of mobile streaming, in general, leads consumers to expect and demand that what they watch on TV can be continued seamlessly on-the-go; the same need is now being applied to sports betting as fans want to stay invested no matter where they are.”

Methodology

GlobalWebIndex surveyed 3,057 U.S. internet users aged 21-64 between April 17-30, 2019. 1,069 of the respondents self-identified as ‘sports fans’ by selecting 8-10 on a 0-10 scale of their interest in sports. Surveys were collected via mobile, desktop, laptop or tablet.

Sports Betting Coming to Isleta Resort & Casino in N.M.

Isleta Resort & Casino, in Albuquerque, N.M., has announced it will bring Las Vegas-style sports gambling to its Resort. The move follows a 2017 U.S. Supreme Court ruling, which opened the door for tribes to legalize wagers on everything from college basketball to professional football. It’s a victory for those pushing for more gaming options, and Isleta Resort & Casino is thrilled to be an industry leader.

“We’re very excited to be answering the requests of our guests to bring sports gambling to New Mexico,” said Isleta Resort & Casino CEO Harold Baugus. “We look forward to unveiling all of the exciting possibilities to our patrons,” he continued.

The Supreme Court’s decision on Murphy v. National Collegiate Athletic Association, gives states like New Mexico the authority to adopt laws regulating sports betting. New Mexico is now the fifth state to follow suit. The Resort’s new Sports Betting venue is expected to open later this summer, with USBookmaking as its provider.

“We are proud to be selected by Isleta Resort & Casino to provide sports betting services for their casino. We offer outstanding service for our clients and our selection by Isleta validates the tremendous value that USBookmaking contributes,” stated Vic Salerno, President of USBookmaking.

Isleta Resort & Casino

As Isleta Resort & Casino steps up to the plate, details on when sports betting will be available will be released in the near future. More information on the Resort and its amenities can be found at www.isleta.com.

American Pharoah and Other Summer’s Top Stories

By Terry Lyons @terrylyons, Contributing Columnist for @TheDailyPayoff

In the eastern USA, it’s getting dark at 7pm, the networks have concluded their endless broadcasting of meaningless NFL preseason games and, for you Steely Dan fans out there, the Wolverine is on its way towards Annandale.

Which means, summer is almost over.

DSC_0919

There’s been plenty of news posted on The Daily Payoff during the past two months but maybe, like me, you’ve been preoccupied, reading those trashy paperback novels, listening to the sounds of summer at the beach or watching the Red Sox stumble to another last place finish.

To be sure you’re up-to-speed, I’m shaking the sand out of the beach chair and my reporter’s notebook to review a few important occurrences which took place during the past two months while we were all Gone Fishin’.

1. Triple Crown winner American Pharoah took the track at Monmouth Park for The Haskell and did not disappoint a New Jersey record 60, 983 horse racing fans who turned out to see the champ continue his winning ways after a 58-day lay-off from the historic win at the Belmont Stakes. Pharoah then was saddled up for The Travers at Saratoga and the track’s reputation as the “Graveyard of Champions” remained intact as longshot “Keen Ice” upset the triple crown winner. On October 31, all eyes will be on American Pharoah at the Breeders’ Cup Classic at Keeneland which is expected to be the colt’s last race before heading out to stud and a cool $150,000 per pop. What a horse! What a life!

2. The National Labor Relations Board (NLRB) declined jurisdiction over the plight of Northwestern University football players seeking to register as a union. The unanimous decision by the NLRB avoided involvement in the hot potato of “student athlete” rights as they pertain to the NCAA, but it noted the ruling pertained to State-run universities and did not address private schools. The issue of paying collegiate players to play remains a possibility and the case it likely to be appealed to Federal Court.

3. Speaking of Federal cases, DeflateGate was resolved, at least temporarily, when Judge Richard Berman of the US Federal Court, Southern District of New York vacated Tom Brady’s four-game suspension. The judge also took the NFL to task on various procedures of its flimsy Wells Report and subsequent hearing before “Cop-Judge-Jury” Commissioner Roger Goodell. Remember, it all began on January 18, 2015 and could have been resolved by January 20 with some foresight by the NFL and the Patriots. Overall, the entire process has been a colossal waste of time and, ultimately tax-payers money. While it’s now subject to the NFL’s appeal, the entire ridiculous fairytale was possibly a giant smoke-screen left to cover the NFL’s more problematic player image headlines, like Ray Rice and several other domestic violence cases.

4. Although dozens of popular and admirable athletes, executives and administrators have passed away in 2015, some taken far too early, it’s important to recognize the passing of former NY Giants star Frank Gifford. Known to so many as the chiseled and competent anchor of Monday Night Football from 1971 to 1998, Gifford passed away from natural causes on August 9th, a week before his 85th birthday. He was lauded for his pioneering role in transitioning from athlete to broadcaster. Rest in Peace to Giff.

5. Before the 2015 NFL season kicks-off, the two industry leaders of Daily Fantasy Sports, Draft Kings and Fan Duel, will have spent a combined $110 million dollars – just on TV ads, with a reported $86.2 million attributed to Draft Kings, according to combined reports by ispot.tv and Kantar Media. Those figures do not – repeat NOT – include the millions spent on radio, digital and traditional billboard and print advertising deals. As the popular and DFS friendly NFL season kicks-off on September 10 and continues with its full schedule on September 13, the barrage of advertising done by Draft Kings and Fan Duel, already ubiquitous, will reach spending levels only approached in prior years by the beer companies. Jason Robbins, CEO of Draft Kings, and Nigel Eccles, the head of Fan Duel, can both be crowned as the most powerful men in sports in 2015.

6. On August 25, the Third US Circuit Court of Appeals ruled against the State of New Jersey to uphold prior verdicts that NJ’s plans to authorize sports betting were a violation of the federal law, the Professional and Amateur Sports Protection Act. The court’s ruling points any future movement in the legalization of sports betting to Congress. Vocal NJ State Senator Ray Lesniak will need to ramp up efforts at the Congressional level, not via his own’s state government, to make any further progress. In the past, NBA Commissioner Adam Silver, who opposed the efforts in NJ, has written that he and the league support a federally legislated and regulated law to allow sports gambling. The late August ruling will shelve the issue for years to come, unless you believe Congress can actually get something done?

7. Boston 2024 is no longer. Since I dedicated an entire column to the issue on July 8, I will spare readers from past details of Boston’s inept bid and the politics surrounding every decision. Instead, I must note the lost opportunity of hosting an Olympic Games has most Boston and Massachusetts residents singing “Hallelujah,” while some of us wonder if our generation will accomplish anything of significance or just continue to complain about everything and do nothing? The US Olympic Committee and the City of Los Angeles quickly moved forward and have plans to nominate LA as a potential host of the 2024 Games, but the City of Angels will face very stiff competition from the likes of Rome and Paris for the IOC’s blessing to host the youth of the world in 2024. My money is on Paris.

Lyons Column – The Belmont

By TERRY LYONS, The Daily Payoff Contributing Columnist
@terrylyons

NEW YORK – In this instant gratification and “everything is the best” sports world we currently live in, courtesy of the never-ending, 24/7 cable news and sports-talk radio, how often can we truly say we have a chance to see a true champion accomplish one of the greatest feats in sports?

That chance will come on Saturday, June 6, when the gates open at beautiful Belmont Park and, on an spring evening in New York, trainer Bob Baffert saddles up thoroughbred great American Pharoah for the 147th running of The Belmont Stakes. It will mark the 34th time a racehorse is shipped to the famed track, located halfway between LaGaurdia and JFK Airports, with a chance to win the most coveted title in the sport of kings, that being “The Triple Crown,” or victories in the Kentucky Derby, The Preakness and The Belmont Stakes.

As most sports fans and all horse racing aficionados know, the Belmont is the toughest horse race of them all. While the Derby (1 mile and a quarter) and Preakness (1 mile and three-sixteenths) each measure slightly more than a country mile, the track at the Belmont is mapped at a grueling mile and a half, a distance which tests the stamina and heart of a horse, the way The Iditarod tests the endurance and will of a sled dog and his musher.

History tells us, the last Triple Crown winner was the great Affirmed, in 1978 – a horse pushed by his chief rival, Alydar, in the same manner in which Magic pushed Bird or Frazier pushed Ali. Between the time when Affirmed took The Belmont and today, there have been 23 champion thoroughbreds who came to this city of dreams with victories in the first two legs of the Triple Crown, winning in Kentucky and Maryland, only to have their legacies dashed with losses at The Belmont. The list is lofty, and includes:

• Most recently, in 2014, California Chrome who finished fourth in The Belmont.

• Ten years before that, in 2004, the popular Smarty Jones, finished second.

• An interesting string of close calls from 1997-99 when Silver Charm (2nd), Real Quiet (2nd) and Charistmatic (3rd) all fell short at The Belmont.

Before Affirmed in 1978, there was, arguably, the greatest stretch-run, the greatest ass-kicking, the greatest victory margin in a clutch situation in sports history – the 1973 Belmont Stakes victory for the best and most powerful horse I’ve ever set eyes on – Secretariat.

Secretariat’s win in the final leg of the Triple Crown was perfect, just perfect. How often can you say an athletic feat in the most important of sports events was perfect?

The only other performance that can be compared to Secretariat’s great run is New York Yankees legend Don Larsen’s perfect game in the 1956 World Series. While there have been other great performances in all major sports, there are no other rightful comparisons to Secretariat’s run.

Can American Pharoah become a Triple Crown champion?

Yes.

But jockey Victor Espinoza will need to guide his Kentucky Derby and Preakness champion on a near-perfect trip and avoid the slew Belmont-busters entered as spoilers in the lengthy endurance test of a mile and a half around the dirt track.

Why is it so difficult for a horse to win the Triple Crown?

“It’s supposed to be hard,” said John Cirillo, the president of his Cirillo World communications firm and a noted racing and handicapping guru who started his career as the PR guy at Yonkers Raceway.

“Three races in five weeks is grueling on a three-year old colt, many are still developing and their races usually spaced a month to six weeks apart.

“Secondly, Belmont is a tricky track and surface, known as ‘Big Sandy’ as a deep and tiring track surface. Then, you have the ‘Racing Gods’ and that means, like in all sports, you need to have some luck.

“War Emblem, another who won the first two legs for the Baffert-Espinoza combo, stumbled at the start in the Belmont in 2002 and lost all chance while I’ll Have Another was injured in 2012 and never even got the chance to race for history. Real Quiet missed by a nostril in ’98.”

Come June 6th, we very well could see American Pharoah become a Triple Crown winner to break the 36-year drought and become only the fourth horse to take the three races in the 67 years since the great Citation won in 1948.

Corruption Threatens Global Sports Gambling

By @TheDailyPayoff

In case you missed it, ESPN.com’s David Purdum posted a story yesterday on how the “integrity monitors” of sports gambling are looking to the United States to take the lead in pushing for legalizing sports betting in an effort to clean up the corruption running rampant now.
He quoted a global sports security expert who said crime syndicates out of Eastern Europe and Southeast Asia were pushing European soccer, for instance, into the “danger zone” when it comes to fixing matches.
Read Purdum’s full report here :”
http://espn.go.com/chalk/story/_/id/12925786/why-legalization-sports-betting-only-first-step-us-gambling

N.J. spars with sports leagues once again over sports betting in federal appeals court

New Jersey’s long battle to bring legal sports betting to casinos and racetracks returned to federal appeals court last week, as attorneys for the nation’s leading sports leagues and lawyers for the state clashed over whether the latest betting plan violates a federal ban.

The arguments featured everything from a fight over what the word “authorize” means to a state attorney paraphrasing Dr. Suess’s “Horton Hears a Who” while making a point to a three-judge panel that includes the sister of Donald Trump and the wife of former Pennsylvania Gov. Ed Rendell.

This was the second time in less than two years that a U.S. Third Circuit Court of Appeals panel in Philadelphia heard the case, as New Jersey continues to push sports betting as a way to help revitalize Atlantic City and the state’s horse-racing industry, both of which are struggling. The NFL, NBA, MLB, NHL, and NCAA are suing to stop the state’s effort, saying it violates a 1992 federal law banning sports wagering and threatens to hurt the integrity of their games.

Full credit to nj.com See here http://www.nj.com/politics/index.ssf/2015/03/nj_battles_sports_leagues_again_over_sports_betting_in_federal_appeals_court.html

Your March Madness pool is probably illegal

Your March Madness pool is probably illegal

Adam Jeffery | CNBC

An estimated 50 million people reportedly took part in March Madness office pools last year, and the number should be about the same this time around. And those people may be breaking the law.

Trying to pick the winner of college basketball’s men’s national championship tournament, while avoiding bracket-busting losses along the way, can be downright exhausting and time consuming.

In fact, companies are expected to lose at least $1.2 billion for every unproductive work hour during the first week of the tournament,according to global outplacement firm Challenger, Gray & Christmas.

So is it legal?

“The answer lies in the legal meaning of ‘bet,’ ” said Tony Campiti, a lawyer with Thompson & Knight in Dallas.

Sheldon Adelson tops gaming sector in Forbes World’s Billionaires 2015

Forbes released its annual World’s Top Billionaires List, with Las Vegas Sands Sheldon Adelson topping the gambling sector.

Despite losing $6.6 billion off his fortune, the Godfather of some Republicans Adelson still made it to the top 20, with an estimated $31.4 billion in net worth.

He ranked 18th on this year’s worldwide list, 13th in the United States, from 8th place in 2014. Adelson has been spending his hundreds of million of dollars financing politicians to push his anti-internet gambling law.

Chinese businessman Lui Che-Woo made it to top 100, ranked at 82nd with an estimated $11.6 billion in net worth.  Che-woo is the chairman of K. Wah Company and owner of Galaxy Entertainment Group, the parent company of Asian-based casinos including, StarWorld Macau, the Grand Waldo Hotel in the Cotai Strip, and Galaxy Macau. His two new casinos, Galaxy Phase II and Broadway at Galaxy will double the size of his Galaxy Entertainment’s presence in Macau.

PERSONALITY CORNER: Tim Rooney Sr.

PERSONALITY CORNER: Tim Rooney Sr.

By Frank Scandale@FScandale

 

Age: 76

Title: President of Yonkers Racing Corp and Empire City Casino.

Former Life: Part owner in the Pittsburgh Steelers

Duties: “Keep everyone in line and make sure expenses are under control.”

Favorite Sports Moment: “Very easily, when we won our first Super Bowl.”

Favorite Family Moment: “ Ha. Reviewing it, it has to be the same moment because of the family involvement. Unbelievable.”

Most Admired Person: Wellington Mara. I knew Cardinal (Terrance James) Cooke, but as a regular human being, Wel Mara was special.”

Favorite Golf Spot: Winged Foot Golf Club, Mamaroneck, NY.

ART ROONEY AND TIM ROONEY AT RACETRACK

Even a guy who used to co-own one of the best NFL teams in a city that saw its share of horrendous winters and can’t avoid talking about this winter’s hottest topic – the weather.

 

Relentless sub-freezing temps, snow and lingering ice have made 0 degrees the new 32 in the Northeast and its effects have not have escaped Tim Rooney Sr. and his operation at the Yonkers Raceway Corp. which also operates the Empire City Casino in the shadow of New York City.

 

This became the second consecutive winter when the region took it on the chin.

 

“Last year, the first quarter hurt dramatically against the same quarter in 2013. When the weather hit, we were down, but we came back up at the end of the year.  January (2015) started off fairly strong, but then the bad weather even supplanted the weather from the last year!” Rooney laughed. “We came back again and were up every day until last Saturday when that 5 inches of snow hit us. We had the accounting department check how many days we had under 25 degrees or snow and we are double the number of bad days this year compared to last year.”

 

Weather is only one of the factors that determine how the casino and harness racing business will go for Rooney. The competition and proliferation of brick and mortar casinos and online betting made his days as a football team owner seem orderly.

 

 

In a wide-ranging interview, the gregarious Rooney touched on football, gaming, horse racing, online gambling, his family and golf.

 

The Rooney name has been synonymous with professional football since 1933 when Art Rooney Sr. founded the Pittsburg Steelers for  $2,500. Tim and two of his four brothers were forced to sell their shares in 2009 in the team because the National Football League’s concerns about the family’s other business interests in gambling entities. The move was painful for Rooney for many reasons, not the least of which is passion for the pigskin despite his love for horses.

 

“Well, there is no comparison. My father was in the business (racing) his whole life, but football is football.

 

He likes to say his favorite sports moment was the first time the Steelers won a Super Bowl, Super Bowl IX in 1975. “Nothing possibly comes close. They were all good (wins) but there is no emotion ever having equaled that first one.”

 

When pressed about his favorite family moment – he has five children and 19 grandchildren – he laughs and hesitates, saying, “I probably shouldn’t say this, but it might be the same moment because of the family’s unbelievable moment (together)…winning the Super Bowl was unbelievable.”

 

 

So much has changed now with respect to sports and gambling, but Rooney wishes the NFL then had allowed them to hold their shares.

 

“When we were closing in on the sale, I honestly did not want to sell my stock in the Steelers. My father had done this (racing) long before this and we had been running the team in this manner,” he continued. “On the other side, my brothers who stayed in will be a lot wealthier, especially when Buffalo sold for $1.4 billion.”

 

Despite his love of football, he says he does not attend games anymore. Too easy to stay home and watch it on television, he says. He used to fly to Pittsburgh on Saturday, have dinner with his brothers that night, go to the game and fly home on Sunday night.

 

Today, his focus is on Yonkers and Empire with his son Tim Jr. and son-in-law Bob Galterio. With casinos popping up all around the Northeast and siphoning off potential and former customers, Rooney says the trick is to keep reinventing and innovating. Rooney, in fact, hinted that Empire would unveil something new soon along with a strong advertising campaign.

 

“We’re going to try out some new things this year, a little more refreshing,” Rooney, now 76, said. “We have a new ad campaign coming out at the end of February or so. It’s more of a return to a stronger campaign on TV.”

 

The table games at fully licensed casinos has been a draw for some players, he said, but New York State’s upcoming budget has a provision for Empire to receive a higher quality electronic table game, something Rooney insists will level the playing field somewhat. The legislature still has to approve it, but he is optimistic that will happen.

 

“Our facility is very good. We just opened another restaurant and put a lot of money into our food business. Two of the three restaurants are doing very well. But the biggest thing we have coming is that part of Governor Cuomo’s budget is to give us a higher quality of electronic table games, one of which is blackjack. “

 

That looming boost and the weather’s inevitable improvement has Rooney eyeing a 5 percent improvement in 2015. “I think we will be up a couple of million dollars this year.”

 

 

 

The real issue down the road is becoming a fully licensed casino when New York State allows those businesses in the metro region to apply. Under the state’s gaming law, New York City and its surround suburbs, including Yonkers, are prohibited from receiving any casino licenses for at least seven years, according to a story in the New York Daily News last December.

 

“We’d be looking to get one of those new licenses,” Rooney said.” Basically if we had a license now, we could open immediately.”

That would complement Rooney’s operation that features approximately 6,000 electronic machines now. “For us not to get a license would be hard to imagine.”

 

For now, the only non-tribal casino licenses will be located further upstate, which Rooney believes will not impact business.

 

The other big issue looming on the horizon is online gambling and sports, a mounting issue as prominent figures such as current NBA commissioner Adam Silver and his predecessor David Stern call for legalized sports betting outside of Nevada.

 

For Rooney, it’s a complicated issue, while he knows there is so much betting now in sports. According to the American Gaming Association, the estimated amount bet illegally on the recent Patriots-Seahawks Super Bowl game was said to be approximately $3.8 billion, compared to approximately $100 million bet legally.

 

“The only question I have for it and somebody smarter than me can figure it out is when a guy makes an unbelievable catch in the game and then later on an important third down drops the ball, everybody is suspicious of everything that happens. Is somebody going to ask if he dropped it on purpose?

 

He recalls the days at the track when people were betting heavy on sporting events at the pay phones, back before cell phones existed. “If you go out and see the pay phone lines, all I can tell you is that they are not calling home to find out what’s the wife is making for dinner.”

 

Today, the game is more interesting and exciting for a wider ranger of people.
“If say Denver is playing Seattle and you don’t have an interest in either team, I don’t care who wins the game, but people watch them because they are betting on the game. That is really part of the popularity of the game.”

 

When the snow finally melts in the East, you’ll likely find Rooney relaxing on a golf course, one of his favorite other sports. The mere mention of golf gets him going about Tiger Woods, the stalled champion nursing injuries and a bruised mental game.

 

“Tiger Woods. When you looked at his position, the only other guy who dominated a sport like Tiger was maybe Michael Jordan. Not Bradshaw. Not Manning. None of them was a dominating in their sport as Woods.”

 

He recalled how small the purses were in comparison to today’s average first-place prize money being way north of $1 million, and cited his family’s own tournament, The Philadelphia Golf Classic back in the 1960s.

 

“We had this match, we owned it, sold the tickets, everything. The purse total was $150,000. That was tied for the biggest purse on tour at that point,” he explained. “In our tournament we got lucky. (Jack) Nicklaus and (Arnold) Palmer tied and went into a playoff. It’s the only thing that got us to break even.”

 

 

 

United States judge orders Sands China to hand over documents in case involving former president

Sands China, the operator of the Venetian Macao casino and resort, has been ordered to hand over sensitive documents. Photo: Bloomberg A United States court has ordered Macau’s biggest casino operator to hand over sensitive documents it has been accused of withholding improperly as part of a wrongful termination lawsuit involving a former senior executive.

Gaming Industry News Weekly Recap – Stories You Might Have Missed

THE AMERICAS

Jim Ryan said Pala Interactive won’t launch online poker in New Jersey out of fear of PokerStars; a Pennsylvania online gambling bill insisted it wasn’t poker-only but this one is; Caesars Entertainment lost another $1b but Caesars Interactive revenue rose nearly two-thirds; Darren Phua reached a plea deal over his online sports betting charges; GTECH announced it would rebrand as IGT; Quebec’s investigation of suspicious trading in Amaya Gaming’s pre-PokerStars stock is looking at a friend of CEO David Baazov; a Florida legislator introduced sweeping gambling overhaul legislation; Wynn Resorts attempted to remove Elaine Wynn from their board and Steve Wynn’s defamation suit against Jim Chanos was dismissed with prejudice; the World Series of Poker Circuit announced plans to go global; Poker Players Alliance director John Pappas talked legislative lessons learned from the G2E iGaming Conference and Zach Kay explained how Twitch streaming will impact the poker industry.

EUROPE

Betfair shares topped £21 after a stellar Q3 report and Paddy Power posted record profits in 2014; Greece’s new government announced it would issue new online gambling licenses; Ireland’s long-delayed online betting tax cleared its final hurdle; WebIs Holdings closed its BetInternet fixed-odds division and BetVictor closed its in-house live dealer studio; PokerStars launched its live dealer casino product and experienced a two-hour global glitch; Sweden convinced Apple to pull online gambling apps; Pinnacle Sports’ new owners unveiled their regulated market strategy; Gala Coral’s online operations kept kicking ass; Fortuna Entertainment’s shares tumbled after a new dividend policy; Adjarabet migrated its poker product to Microgaming; a poker player pled guilty to ‘card marking’ at UK casinos; Robbie Davies offered his top three SEO tips for 2015. Sportech’s Nick Mounteer said content is key to customer engagement; NU Entertainment revealed its plans to shake up poker; Rafi Farber explained why 888 Holdings is the gaming industry’s top defensive stock and Michael Craig exposed the goings-on at the annual Secret Blackjack Ball.

ASIA

Macau’s February casino revenue fell to its lowest point in four years and Wynn Macau asked staff to take unpaid leave; Las Vegas Sands won a trademark infringement judgment against the Philippines’ First Cagayan Leisure & Resort Corp but was fined $250k for withholding Sands China documents from its former CEO; a South Korean illegal online gambling operator launched DDOS attacks against a competitor; PAGCOR profits rose despite revenue falling; Imperial Pacific got the okay to open a temporary casino on Saipan; Genting Hong Kong paid $550m for Crystal Cruises; Russia’s Primorye casino zone faced further delays and a new study said younger Australians are giving up the gamble.

Holland Casino posts first profit in seven years; no more Dutch house lotteries

Holland Casino is back in the black after recording a €12m profit in 2014, its first positive annual report in seven years.

The Netherlands’ state-owned brick-and-mortar casino monopoly credited the turnaround to a reorganization that has included several hundred redundancies among its staff. The chain’s 14 gaming joints also saw improved table game revenues.

The Dutch government is in the process of privatizing Holland Casino, with 10 casinos to be sold off in a group that will continue to use the Holland Casino brand, while the other four casinos will be sold individually. The government hopes to complete the process by 2017, by which time Holland Casino’s online gambling partnership with technology firm Playtech should be up and running.

The Netherlands is in the process of regulating its online gambling market but public officials have suggested the Remote Gambling Bill won’t take effect for at least another year. On Jan. 30, Michel Groothuizen, director general of sanctions and prevention policy for the ministry of security and justice, said officials were neck deep in preparing their response to a 586-question critique of the Bill by members of the Dutch parliament’s Lower House. As such, Goothuuizen said he didn’t expect the licensing process to begin until mid-2016 at the earliest.

NO MORE ONLINE HOUSE LOTTERIES IN HOLLAND OR ELSE

Meanwhile, the Kansspelautoriteit (Dutch Gaming Authority) has triumphed over yet another person trying to sell their house via an online lottery. In 2013, a homeowner in Winterswijk launched a website (dreamrealize.net) that offered the chance to buy 60,000 ‘certificates’ at €50 apiece to win his home. The Kansspelautoriteit declared this was an illegal lottery and warned the homeowner to cancel the lottery. Instead, the homeowner lawyered up and the parties went to court.

Last month, a court in Gelderland sided with the Kansspelautoriteit, saying that describing the chances to win as ‘certificates’ couldn’t hide the fact that this was an unauthorized lottery. The homeowners’ promotion of his raffle also violated the Games of Chance Act. It didn’t matter that the company set up to process the raffle was based in Costa Rica; if the lottery was being offered in the Netherlands, then Dutch laws apply.