Monthly Archives: September 2016

United London F.C. Give The Power to The Fans With Real Life Daily Fantasy Sports Selection System

United London F.C. is the world’s only managerless football team after their chairman decides to allow the fans to select the team based on a Daily Fantasy Sports style points system.

Bryan Robson was my first favourite player; then Ryan Giggs, David Beckham, Paul Scholes, and finally, Wayne Rooney. He reminded me of a young Paul Gascoigne, but lately, he has been reminding me more of Bamber Gascoigne.

Once one of the most dangerous strikers in world football he is morphing into Michael Carrick. He doesn’t tackle; he can’t head the ball; he doesn’t go past players, and when the ball is at his feet it’s like a boomerang – always going sideways and backwards.

Against Watford on the weekend, Rooney made 33 successful passes throughout the game – 12 went sideways, 15 went back, and only six went north.

Canada’s single-game sports betting plans voted down

Canada’s single-game sports betting plans have failed to convert after legislators voted down the measure.

Wednesday saw a vote in the House of Commons on C-221, the private members’ bill introduced in February by New Democratic Party MP Brian Masse. The bill sought to scrap a single line of the Criminal Code that restricts provincial gambling monopolies from offering anything other than parlay sports wagers.

Sadly, the vote was 156-133 against C-221’s passage. A couple dozen members of the ruling Liberal party voted in favor of the bill, against the wishes of party leaders, who formally opposed C-221 in April, despite having voted in favor of an identical bill (C-290) in 2012 when they were still in opposition.

Earlier this month, word circulated that Liberal backbencher Chris Bittle was pushing his leaders to permit a free vote on C-221. He got his wish, but Bittle – whose constituency is, like Masse, is in a city close to the US border and thus hoped legal sports betting would draw US tourists – evidently failed to convince enough rank-and-file Liberals to publicly reject their leaders’ stance.

Caesars offers creditors another $1.2b, would spell end of hedge fund ownership

Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday.

On Wednesday, Caesars added an extra $1.2b to the $4b it had already offered junior bondholders of Caesars Entertainment Operating Co. (CEOC), the main unit of Caesars that filed for bankruptcy protection in January 2015, citing $18.4b in debt.

The total amount that the parent company is offering junior creditors now exceeds the $5.1b that an independent examiner determined the parent was liable for if these creditors were to prevail in their lawsuits in Delaware and New York.

Most of the additional $1.2b is coming from Caesars’ hedge fund owners, Apollo Global Management and TPG Capital, who have agreed to give up their equity in Caesars in exchange for releasing them from liability related to those creditor lawsuits.