Belmont Stakes presented by DraftKings (gr. I) hopeful Keen Ice went to the track at Belmont Park the morning of June 4, his first outing since arriving in New York from Kentucky June 2.
Monthly Archives: June 2015
Foxwedge Colt Tops Magic Millions Sale
In the third and final session of the Magic Millions National yearling sale, a colt by young sire Foxwedge was the sale-topper at Aus$340,000 (U.S.$261,800).
FINCEN fines Tinian casino $75m for “willful and egregious” AML violations
America’s financial crimes watchdog has issued a hefty fine on a casino operator in the Commonwealth of the Northern Marianas Islands (CNMI), a US territory in the south Pacific.
On Wednesday, the US Financial Crimes Enforcement Network (FinCEN) slapped a $75m civil penalty against Hong Kong Entertainment (Overseas) Investments, Ltd., which operates the Tinian Dynasty Hotel & Casino, for “willful and egregious violations of the Bank Secrecy Act.”
FinCEN says Tinian Dynasty failed to develop and implement a proper anti-money laundering (AML) program or policies and procedures designed to ensure AML compliance and detect suspicious transactions. The company also failed to conduct any independent tests of its AML systems and failed to train casino personnel to recognize suspicious activity.
FinCEN director Jennifer Shasky Calvery said Tinian Dynasty “didn’t just fail to file a few reports.” The casino operator neglected to file “thousands” of currency transaction reports (CTR) and management “willfully facilitated suspicious transactions and even provided helpful hints for skirting and avoiding the laws in the US and overseas.”
IGT's Wheel of FortuneA Slots Celebrate Memorial Day Weekend…
No one pays jackpots like IGT. IGT launched Wheel of Fortune slots in 1996 and solidified the Company’s leadership in Wide Area Progressive technology.
Texas man accused in lottery jackpot scheme due in court
A Texas man accused of helping a lottery security official try to claim a rigged $14 million jackpot is scheduled to appear in court Thursday. Robert Rhodes is expected to contest his extradition to Iowa during the hearing in Texas.
Imagine Dragons – 'Shots' Broiler Remix Video
AccessHollywood.com has teamed with Imagine Dragons and Vevo for the exclusive debut of the band’s Broiler Remix for their current single, “Shots.” Filmed high above the Las Vegas strip, the band braved the world’s highest thrill ride atop the iconic Stratosphere Tower, before plunging 855 feet without breaking a sweat or forgetting a lyric.
Poker Player Shoots Robber Dead, Justifiable Homicide Ruled
A Michigan poker player who shot a man dead during a home game robbery will not face criminal charges, after a prosecutor ruled it was justifiable homicide this week. Ramon Vasquez, 25, was killed during a masked home invasion in March 11, during which he and an accomplice, Jason McGowan, attempted to rob a home […]
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Moment Is Right Game in Astoria Victory
Ten Broeck Farm’s Moment Is Right showed her standout introduction was no fluke in the $250,000 Astoria Stakes June 4 at Belmont Park, where she handled a challenge from fellow debut winner Decked Out to win by 1 1/2 lengths.
Powerball has 'technical problems,' delays results for $188 million jackpot
“Technical problems” have delayed the winning Powerball numbers on June 3, 2015, according Sam Arlen , host of the national Powerball game. Details will be released soon, he told viewers who tuned in to see the numbers drawn in real time on TV stations across the country.
Winning Powerball ticket sold in Arizona
One player in Wisconsin won the $10,000 third prize, by matching all but one of the five regular numbers plus the Powerball. Officials have not said where that ticket was sold.
Valeriu Coca Accused by Pros of Cheating as WSOP $10K Heads Up Drama Unfolds
Romanian grinder Valeriu Coca has been reported as an alleged cheater in the still-ongoing $10K Heads Up NLH event. Traditionally a staple for many of the top poker players in the world, this year’s tournament attracted just 143 runners, including Coca. Despite mainly playing tournaments with a buy-in averaging $1,500, Coca bought into the event […]
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Pony Smokey a Loyal American Pharoah Sidekick
As Triple Crown contender American Pharoah has traveled between Churchill Downs, Pimlico Race Course, and Belmont over the past six weeks, this faithful companion has been there every step of the way.
'Jockeys & Jeans' Event Big Help to PDJF
The second “Jockeys & Jeans” fundraiser, held at Indiana Grand Racing & Casino May 30, raised $201,078 for the Permanently Disabled Jockeys Fund.
Year-Over-Year Handle Up Almost 5% in May
With pari-mutuel wagering up for the Kentucky Oaks day card, the Kentucky Derby day card, and the Preakness day card, racing enjoyed a 4.82% increase in wagering in the all-important month of May.
American Pharoah Bucking History for Triple Crown
By Frank Scandale @FScandale @TheDailyPayoff
Any number of factors could go against American Pharoah winning the Triple Crown on Saturday, not the least of which is history.
While the pre-race reports about everything from his glistening coat to his unbridled energy continue to fuel the hopes of millions that he can break the 37-year drought, history’s heartbreak lurks around each turn. And bettors know that.
Joe Kristufek, one of America’s Best Racing ambassadors and the racing analyst for Churchill Downs in Louisville, KY, noted that if you are a bettor, you have to look at the trends.
“A lot of people who are gamblers and like any sport, they have to look at the trends,” he said. “At the Belmont Stakes, in addition to the fact that no horse has won the Triple Crown since 1978, and since 1996 only two favorites have won this race, and no Triple Crown winner has ever beaten seven horses in the Belmont…there is lots of history going against American Pharoah.”
Then he paused.
“That said, trends are there to be broken and, really, how good he is and how well he is doing, I think he will win.”
In Las Vegas, the gamblers are getting excited for the race, says Johnny Avello, race and sports book director at Wynn Las Vegas. He’s been studying the film of the three Triple Crown winners in the 1970s, the decade many call the Golden Era in horse racing, as well as the races of those who had a chance and came up short. During the seventies, the last era there was a winner, race fans were treated to Triple Crown winners Secretariat (1973), Seattle Slew (1977) and Affirmed (1978) ..
“We had three during the seventies and not one since,” he said. “Thirteen have tried, but none has won it. If we don’t get it this year, it will be disappointing. It will look like it will never happen.”
Avello said American Pharoah is the best of the group in this race. While not fresh – he ran the Preakness two weeks ago – he is a touch better than any other horse in the race.
Both Avello and Kristufek see scenarios that could thwart American Pharaoh’s heroic efforts to date. With rain down to a 10 percent chance in New York on Saturday, that element that American Pharaoh thrived in at the Preakness is an unlikely aid for him this time.
But Kristufek says if a muddy and drying track is presented, that could create some “randomness.”
Sitting in the fifth post in the eight-horse field, American Pharoah was 3-5 in the morning line. Some see Materiality (6-1), a fresh horse, possibly exhausting American Pharoah, and then letting Frosted (5-1) sneak by him.
Avello, whose book has American Pharaoh at 5-7 currently, can see the possibility of Frosted sitting behind American Pharaoh the whole race and then pulling ahead toward the end of the 1.5 mile race, the longest of the three Triple Crown legs.
“There are so many scenarios,” he quipped. But he hopes the track is dry and the weather does not play a factor because there are so many good horses on the card all day, that it would be unfortunate if unfavorable track conditions played a role.
So what is the play, Johnny?
“The play? I think nothing is sure in this game, but American Pharoah finishes first or second, and the question is who is above or below him? That is difficult. I will have to see the prices 15 or 20 minutes out,” Avello said.
Kristufek sees playing the Exacta as well, but picking the second horse is also difficult.
He had American Pharoah at 3-5 in the morning line, but could go to 2-5.
With a fast track, he says 70 percent odds American Pharaoh wins. Twenty percent Frosted wins. Ten percent Materiality wins.
One thing is for sure on Saturday. There will be 20,000 fewer fans in the stands because of restrictions imposed on the size of the crowd. In past years, complaints about overcrowding and over taxed facilities inside the track led to this year’s reduction.
The other thing both Avello and Kristufek are sure of is that many bettors will not cash the winning ticket if it is American Pharoah.
“Oh, they are holding that ticket,” Avello said.
It’s the least fans could do for the horse that might buck history.
Paddy Power eyeing Ladbrokes takeover; Boylesports seeks Lads’ Irish retail biz
UK-listed bookies Ladbrokes saw their shares jump on Thursday as rumors spread that rival Paddy Power was mulling a takeover bid.
On Wednesday, the Daily Mail’s This Is Money offshoot reported that 25.5m Ladbrokes shares had changed hands, which the paper claimed was Paddy preparing the ground for a £1.6b bid for Ladbrokes. Neither company has yet seen fit to comment on the rumors.
Ladbrokes has struggled to match its peers’ online successes, leading new CEO Jim Mullen to promise an operational review report by June 30. In contrast, Paddy Power’s online arm is going great guns and the addition of Ladbrokes’ UK retail business would satisfy Paddy’s long held desire to expand its UK retail footprint.
The UK market has witnessed a flurry of merger and acquisition activity, including multiple offers for struggling online operator Bwin.party digital entertainment. The UK gov’t hasn’t made life easy for its betting industry with the new 15% online point-of-consumption tax, an increase in the Machine Games Duty and promises of a new Horserace Betting Right to replace the old Levy system.
Online gambling debt lawsuit against American Pharoah owner dismissed
Ahmed Zayat, owner of Triple Crown hopeful American Pharaoah, has prevailed in his federal court fight over an alleged $1.65m online gambling debt.
On Thursday, US District Judge William Martini dismissed the suit brought by Howard Rubinsky, a Florida resident with a conviction for illegal gambling in Nevada. Rubsinky claimed he’d entered into a personal services contract with known gambling whale Zayat (pictured) to facilitate gambling with internationally licensed online sports betting sites, including Costa Rica-based Tradewinds.
In dismissing the case, Judge Martini agreed with Zayat’s attorneys that Rubsinsky’s claim was filed too late and therefore fell outside New Jersey’s six-year statute of limitations. Rubinsky filed his case in March 2014 but the debt was allegedly incurred in 2003 and Rubinsky first hired a lawyer in 2005.
Rubinsky had attempted to claim that text messages exchanged with Zayat in 2008 regarding the debt marked the real start of the debt obligation, but Martini said Rubinsky hadn’t presented “any evidence that would toll or restart the statute of limitations” and that there were no obvious circumstances that had prevented Rubinsky from making “a more timely complaint.”
Societe Generale Boosts Pearson plc Price Target to GBX 1,375
The firm currently has a “hold” rating on the stock. Societe Generale’s price target indicates a potential upside of 5.53% from the company’s current price.
WSOP Day Nine: Colossus Victor is Cord Garcia, Two Other Event Winners Crowned
Cord Garcia can now own a first, as the first-ever to beat out a field of 22,000+ players at the inaugural Colossus at WSOP 2015. The World Series of Poker awarded three more bracelets on a very busy Wednesday, as there were seven events happening throughout the day. That included crowning the Colossus winner in […]
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American Pharoah Flawless in Preparation
American Pharoah continued his flawless preparations for the June 6 Belmont Stakes (gr. I) in his second day over the track at Belmont Park, powering through a stellar gallop and then schooling calmly in the paddock.