Whether you find yourself in Sin City for a weekend getaway, a business trip, or Skybridge Capital’s upcoming SALT Conference , The Strip has no shortage of throbbing mega-clubs and swank lounges. Enter the MGM Grand and proceed through a passageway hidden behind a library bookcase to arrive at Beacher’s Madhouse , where the aim is not to make you feel like you’re at the circus, but rather that you are in the circus.
That’s exactly what a group of co-workers did at a biopharmaceutical company called Ophthotech in Manhattan, New York. For five years, 16 workers came together week after week to give $4 each into an office lottery pool.
I’m so excited, I’m going to see the Fight Of The Century in person! Just kidding. . .I don’t like boxing and the price of the tickets are outrageous.
All-sources pari-mutuel handle on the 13-race Kentucky Derby Presented by Yum! Brands (gr. I) program May 2 totaled a record $194.3 million, up 4% from $186.6 million in 2014, Churchill Downs Inc. said.
In a change of tone from last year’s, this year’s Kentucky Derby Presented by Yum! Brands (gr. I)-winning owner Ahmed Zayat complimented the Churchill Downs hospitality toward owners.
With an off-the-pace run to victory in the $100,000 Precisionist (gr. IIIT), Catch a Flight won his first graded stakes and delivered victory No. 2,000 to trainer Richard Mandella.
THE AMERICAS
California made history after an Assembly committee approved an online poker bill; 888 Holdings inked an online gambling deal with Pennsylvania’s Mount Airy casino; Penn National Gaming bought the Tropicana Las Vegas; Nevada prosecutors issued an arrest warrant for SealswithClubs’ Bryan Micon; former Legends Sports CEO Luke King was found guilty of illegal sports betting; Amaya Gaming was rumored to be acquiring daily fantasy sports operator DraftDay; Kansas’ attorney general said fantasy sports weren’t illegal; social gaming was Churchill Downs Inc’s top money-maker in Q1; the Borgata’s online gambling operation posted its third consecutive quarterly profit; Nevada sportsbooks got a boost from March Madness; Sheldon Adelson said he despises his overseas executives; Jim Murren said MGM Resorts would survive an online gambling ban; a new study said problem gamblers see patterns where none exist; poker players did battle with artificial intelligence; Rafi Farber explained the deviousness of Caesars Entertainment’s shell game and Becky Liggero offered her top-five takeaways from the IGNA and GiGse 2015 events.
EUROPE
It took over a month, but 666Bet customers reported receiving payouts; Playtech’s Q1 revenue jumped nearly one-third, Net Entertainment’s Q1 profits jumped 61% and Unibet’s profits fell one-third; PokerStars retroactively altered its affiliate agreements and launched an appeal for Nepal earthquake relief; Portugal started the 60-day countdown to its new online gambling regime; the UK’s advertising watchdog admitted that gambling can be “a positive experience;” GoCoin’s Eric Benz explained why the Isle of Man rocks for Bitcoin-based businesses and Casino Kings’ Nathan Howles discussed the secrets of marketing a mobile casino.
People and organizations from across the Hampton Roads community are helping a local non-profit make the best out of a bad situation. The Girls on the Run of South Hampton Roads office was burglarized last weekend.
Robert Masterson’s Tepin led the field gate to wire for an easy victory in the Churchill Distaff Turf Mile Handicap (gr. IIT) Presented by Longines at Churchill Downs May 2.
Bethlehem Stables, Michael Dubb, and Highclere America’s Rosalind snapped a six-race losing streak when she held off the late run of Maximova to take the $200,000 Sheepshead Bay Stakes (gr. IIT) at Belmont Park May 2.
Private Zone won the $500,000 Churchill Downs Stakes (gr. II) Saturday, May 2 at the Louisville oval, holding off a stretch challenge from Nates Mineshaft. Bayern struggled in his 2015 debut.
Donegal Racing and Rockingham Ranch’s Finnegans Wake returned from California in winning form to capture the $500,000 Woodford Reserve Turf Classic (gr. IT) May 2 at Churchill Downs.
American Pharoah, the 5-2 favorite, outduels Firing Line to win the Kentucky Derby Presented by Yum! Brands (gr. I) May 2 at Churchill Downs. The win is the fourth for trainer Bob Baffert.
When a hole opened up in the stretch, Big Blue Kitten shot through to win the $150,000 Fort Marcy Stakes (gr. IIIT) May 2 at Belmont Park.
Someone bought a lottery ticket worth $50,000 in Northeast Philadelphia last year – and the winner still hasn’t claimed the prize. Pennsylvania Lottery officials said the Quinto ticket that won in the May 8, 2014, evening drawing was sold at the Sunoco A-Plus Express located at 3398 Aramingo Ave. The Quinto game is now called Pick 5 as part of a rebranding that occurred earlier this year.
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The former CEO of Panama-licensed online sportsbook Legends Sports has been found guilty on all charges.
Bartice ‘Luke’ King was one of 34 individuals indicted in April 2013 by the US Department of Justice. The US Attorney for the Western District of Oklahoma charged King and the others with taking online and telephone wagers from US residents via operations based in Panama and Costa Rica. The indictment prompted Panamanian authorities to revoke Legends Sports’ online gambling license, after which the site’s customers were transferred to WagerWeb.
The 44-year-old King, who was released on $1m bail in August 2013, opted to fight the charges and his trial began two weeks ago in federal court in Oklahoma City. On Thursday, the jury found King guilty of conducting an illegal gambling business and engaging in a conspiracy to commit money laundering. A date for sentencing has yet to be set.
The US Attorney’s office said Legends had handled over $1b in wagers from US residents over its 10 years of operation. The site utilized local agents on the ground to settle up cash transactions. King used his share of the proceeds to purchase mansions in Florida and Texas, investments he will likely forfeit once sentencing is pronounced.
The action is expected to begin Saturday at about 11 p.m. EDT at the MGM Grand in Las Vegas. In Lincoln, Gate 25 and Longwell’s will have the fight on.
888poker’s growing dominance in the US took another step forward this week after it announced a new deal in the as yet unregulated state of Pennsylvania. Already active in the three US regions where online poker is legal, 888poker will now extend its reach thanks to a new business relationship with Mount Airy Casino Resort. […]
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Dame Dorothy earned her first grade I victory May 2 and did so with distinction, running down game champion Judy the Beauty and surprisingly tough 18-1 pacesetter Moonlit Stroll in the $300,000 Humana Distaff Stakes (gr. I).