Recepta, owned by Phillips Racing Partnership and Pam Gartin, leads the clutch of females who found mixed success in graded stakes last year and look again to prove themselves in top company.
Monthly Archives: May 2016
Recepta Looks to Regroup in Beaugay
Recepta, owned by Phillips Racing Partnership and Pam Gartin, leads the clutch of females who found mixed success in graded stakes last year and look again to prove themselves in top company.
Tinian Dynasty Casino license revoked, creditor may take over operations
Casino regulators have revoked the gaming license of Tinian Dynasty Hotel and Casino operator Hong Kong Entertainment (HKE).
On Wednesday, the Tinian Casino Gaming Control Commission (TCGCC) held a special meeting at which commissioners voted 5-0 to cancel HKE’s casino license. The TCGCC justified its decision based on HKE’s failure to meet the requirements of its license.
The TCGCC said HKE had (a) failed to comply with audit requirements for the years 2008 through 2014; (b) failed to keep separate bank accounts in the Commonwealth of the Northern Marianas to handle casino banking transactions; and (c) turned over management of the casino to individuals whose suitability had not been vetted by the TCGCC.
The property’s casino has been closed since last September, which HKE blamed on a lack of customer traffic following Typhoon Souledor. HKE filed for Chapter 11 bankruptcy protection in December and the property announced in March that it was ‘temporarily’ closing its hotel, also due to a lack of customers.
Tinian Dynasty Casino license revoked, creditor may take over operations
Casino regulators have revoked the gaming license of Tinian Dynasty Hotel and Casino operator Hong Kong Entertainment (HKE).
On Wednesday, the Tinian Casino Gaming Control Commission (TCGCC) held a special meeting at which commissioners voted 5-0 to cancel HKE’s casino license. The TCGCC justified its decision based on HKE’s failure to meet the requirements of its license.
The TCGCC said HKE had (a) failed to comply with audit requirements for the years 2008 through 2014; (b) failed to keep separate bank accounts in the Commonwealth of the Northern Marianas to handle casino banking transactions; and (c) turned over management of the casino to individuals whose suitability had not been vetted by the TCGCC.
The property’s casino has been closed since last September, which HKE blamed on a lack of customer traffic following Typhoon Souledor. HKE filed for Chapter 11 bankruptcy protection in December and the property announced in March that it was ‘temporarily’ closing its hotel, also due to a lack of customers.
PayPal Ditches Payment Protection for American Online Gamblers
Payment processor PayPal says it will stop offering customer protection on online gambling transactions. The global currency company announced the move quietly this week through a change in the terms and conditions of its payment protection policy. From now on, PayPal will be removing the financial safety net for “gambling, gaming and/or any other activity […]
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DOJ Puts Kibosh on 1,500 Full Tilt Poker Player Payments
Not all Full Tilt poker players have received funds back from their pre-Black Friday accounts. A majority have; in fact, 94 percent of the payouts have been made since the Garden City Group (GCG), a legal administration company, took over the reimbursement process. But there are still 1,500 players who haven’t received money. The reason? […]
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DOJ Puts Kibosh on 1,500 Full Tilt Poker Player Payments
Not all Full Tilt poker players have received funds back from their pre-Black Friday accounts. A majority have; in fact, 94 percent of the payouts have been made since the Garden City Group (GCG), a legal administration company, took over the reimbursement process. But there are still 1,500 players who haven’t received money. The reason? […]
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Stronach to Run $12 Million Pegasus World Cup
What would become the world’s richest race will be run at Gulfstream Park Jan. 28, 2017.
Stronach to Run $12 Million Pegasus World Cup
What would become the world’s richest race will be run at Gulfstream Park Jan. 28, 2017.
WVRC Grills CT Officials on Resurfacing
Officials with Hollywood Casino at Charles Town Races told the West Virginia Racing Commission May 11 the usual protocol was followed for a track resurfacing project stalled by rainy weather and the discovery of rocks in the new material.
WVRC Grills CT Officials on Resurfacing
Officials with Hollywood Casino at Charles Town Races told the West Virginia Racing Commission May 11 the usual protocol was followed for a track resurfacing project stalled by rainy weather and the discovery of rocks in the new material.
William Hill starts 2016 off on sour note as online business continues to underwhelm
UK bookmaker William Hill started 2016 on a sour note, dragged down by a lackluster online performance.
In a trading update released on Wednesday, Hills said overall revenue had fallen 3% in the 17 weeks through April 28. While its retail, Australian and US operations all showed positive momentum, overall online turnover fell 2% and online revenue was off 11% from the same period last year.
Online gaming revenue was down 4% while sports betting was off 17%, which the company blamed on punter-friendly European football results and the widely publicized bookie disaster that was this year’s Cheltenham Festival.
Online sports turnover in the UK was down 2%, and Hills said the business continues to suffer from the new rules regarding customer time-outs and self-exclusions. Hills’ operations in Italy and Spain posted double-digit turnover growth but ‘other markets’ reported online stakes falling 13%.
New York Veterinarian Fined, Suspended
The New York State Gaming Commission has levied a $2,500 fine and 20-day suspension against veterinarian Carl E. Juul-Nielsen for falsifying veterinarian records for the horse Street Shark, who was scratched from the first race at Aqueduct March 19.
New York Veterinarian Fined, Suspended
The New York State Gaming Commission has levied a $2,500 fine and 20-day suspension against veterinarian Carl E. Juul-Nielsen for falsifying veterinarian records for the horse Street Shark, who was scratched from the first race at Aqueduct March 19.
Brown-Trained Trio, Kaigun in Man o' War
Trainer Chad Brown appears to hold a strong hand in the $400,000 Man o’ War Stakes (gr. IT) May 14 at Belmont Park with three entrants: Morandi, Money Multiplier, and Wake Forest.
Brown-Trained Trio, Kaigun in Man o' War
Trainer Chad Brown appears to hold a strong hand in the $400,000 Man o’ War Stakes (gr. IT) May 14 at Belmont Park with three entrants: Morandi, Money Multiplier, and Wake Forest.
Bode's Dream is Bodemeister's First Winner
Grade I winner and dual classic-placed Bodemeister got his first winner as a sire May 11 in the second race at Gulfstream Park, where Bode’s Dream won a 4 1/2-furlong maiden special weight event by 3 3/4 lengths.
Bode's Dream is Bodemeister's First Winner
Grade I winner and dual classic-placed Bodemeister got his first winner as a sire May 11 in the second race at Gulfstream Park, where Bode’s Dream won a 4 1/2-furlong maiden special weight event by 3 3/4 lengths.
Congressional hearing fails to move daily fantasy sports needle in either direction
The US House of Representatives held its first hearing on daily fantasy sports, but the outcome failed to shed much light on the issue or provide any indication that Congress plans to take any concrete action – pro or con – on the issue.
On Wednesday, the House Subcommittee on Commerce, Manufacturing, and Trade conducted the first federal hearing on DFS, and while efforts were made to link the issue to the broader subjects of sports betting and online gambling, there was no suggestion that Congress intends to do much of anything on any of these fronts anytime soon.
The meeting came following requests from New Jersey Rep. Frank Pallone Jr., whose state has led the push to scrap the federal PASPA sports betting prohibition. Pallone’s opening statement drove home this theme, rubbishing the “hypocrisy of those arguing that daily fantasy sports is readily distinguishable from traditional sports betting.”
The two leading DFS operators – DraftKings and FanDuel – declined to send reps to the hearing, as did the major sports leagues whom Pallone accused of reaping “huge profits from their partnerships” with DFS operators while remaining “stubbornly opposed to sports betting.”
Congressional hearing fails to move daily fantasy sports needle in either direction
The US House of Representatives held its first hearing on daily fantasy sports, but the outcome failed to shed much light on the issue or provide any indication that Congress plans to take any concrete action – pro or con – on the issue.
On Wednesday, the House Subcommittee on Commerce, Manufacturing, and Trade conducted the first federal hearing on DFS, and while efforts were made to link the issue to the broader subjects of sports betting and online gambling, there was no suggestion that Congress intends to do much of anything on any of these fronts anytime soon.
The meeting came following requests from New Jersey Rep. Frank Pallone Jr., whose state has led the push to scrap the federal PASPA sports betting prohibition. Pallone’s opening statement drove home this theme, rubbishing the “hypocrisy of those arguing that daily fantasy sports is readily distinguishable from traditional sports betting.”
The two leading DFS operators – DraftKings and FanDuel – declined to send reps to the hearing, as did the major sports leagues whom Pallone accused of reaping “huge profits from their partnerships” with DFS operators while remaining “stubbornly opposed to sports betting.”