Monthly Archives: March 2020

Cy Young Award odds: deGrom, Cole favorites

There have been relievers to win the Cy Young Award in the American or National League with just a handful of victories. The last reliever to win the Cy Young was the Los Angeles Dodgers’ Eric Gagne in 2003 as he finished 2-3 but with 55 saves.

Odds courtesy of OddsShark.com

With the 2020 Major League Baseball season obviously going to be severely shortened due to the coronavirus, it’s almost tough to project what the Cy Young winner’s resume in each league might look like. In the National League, New York Mets starting pitcher Jacob deGrom won it last year with just 11 wins and the year before with only 10.

Will deGrom even get 20 starts this entire season? To double-digit wins? He is the +325 favorite to threepeat in the NL. Twenty-one pitchers have won the Cy Young Award multiple times over both leagues but only 10 have won it at least three times as deGrom looks to join that exclusive club. The lone two pitchers to win it three straight years were Hall of Famers Randy Johnson (1999-2002) and Greg Maddux (1992-95), who each did it four in a row.

Home Sweet Home for Counter Strike: Global Offensive Event during COVID crisis

It’s a time for helping others, and Serbian Esports producers Relog Media are doing more than their bit, hosting a Counter-Strike: Global Offensive tournament with a difference.

The Esports data providers GRID have teamed up with Relog to put on an event called Home Sweet Home (use the hashtag #HomeSweetHome on social media) where the series has a massive prize-pool of $320,000.

All the action takes place across eight weeks from the end of this month, with the first tournament dates confirmed as March 31st to April 5th. As you might expect, all the action takes place online, with 16 teams playing in each tournament, with $40,000 in cash up for grabs in each weekly event.

With the final tournament likely to take place between the best eight teams, more information is to be provided on that in the next few weeks once the action gets underway.

Donaco’s Star Vegas casino suffering from viral slowdown

Casino operator Donaco International says operations at its flagship Cambodian gaming venue have slowed to a crawl due to the COVID-19 pandemic.

On Wednesday, the Australian-listed Donaco informed investors that the company had decided to close “most of” the hotel at its Star Vegas casino in Poipet, near the border with Thailand. The border with Thailand has been closed for two weeks and the Thai government said Tuesday that it would remain closed until at least April 5.

Donaco said total casino visitation to Star Vegas had averaged 2,430 players per day over the first 22 days of March, down around 15% from the first 22 days of February. However, Donaco noted that its VIP gambling turnover had risen 9% over the same span, suggesting that, while traffic may have slowed, high-roller traffic remains healthy.

Regardless, Donaco has arranged unpaid leave for many Star Vegas employees for March and April, while also reducing total headcount and deferring some ‘capital expenditure projects.’ Chairman Mel Ashton said the company “very much” regretted the layoffs but it was “a necessary decision for the current environment.”

UK betting, casino operators now included in coronavirus rates relief

UK betting and casino operators will get some financial relief from the government after all, according to the local industry association.

On Wednesday, the Betting & Gaming Council (BGC) issued a statement welcoming “confirmation that our members will qualify for a business rates holiday like all other businesses in the retail, leisure and hospitality industry.”

Last week, the BGC lamented the revelation that betting shops and casinos were somehow ineligible to apply for the government’s plan to exempt retail and hospitality businesses from paying business rates for a year. The rates relief was intended to lessen the financial fallout from the reduction in business volume caused by the mounting COVID-19 coronavirus pandemic.

That ineligibility looked even less justifiable after the government ordered the closure of all non-essential ‘social venues’ last Friday, including betting shops, bingo halls and casinos. But sanity has apparently returned (if only temporarily) to parliament, and the BGC welcomed its members’ inclusion in the government’s “unprecedented response to the threat posed to millions of jobs from the coronavirus.”

PokerStars’ Isai Scheinberg pleads guilty to Black Friday charge

PokerStars founder Isai Scheinberg has pled guilty to illegal gambling in a New York court, setting up the end of the nearly decade-long Black Friday saga.

On Wednesday, Geoffrey Berman, US Attorney for the Southern District of New York, announced that Scheinberg had entered a plea of guilty to a single count of operating an illegal gambling business. Scheinberg faces a maximum sentence of five years in prison when he’s sentenced later by US District Judge Lewis Kaplan at a later date.

In January, news broke that the 73-year-old Scheinberg had surrendered to US authorities after being arrested in Switzerland last June. Scheinberg initially chose to fight extradition before agreeing to come to New York to face the music.

Scheinberg’s plea comes nearly nine years after he was indicted on federal charges of illegal gambling, bank fraud and money laundering related to the April 15, 2011 online poker crackdown by US authorities. Scheinberg told the court that he knew PokerStars was operating in defiance of US law but opted to continue operating his insanely profitable business (for some unstated and inexplicable reason).

Latvia’s online gambling ops warn gov’t of COVID-19 ban lawsuits

Latvia’s online gambling operators say the government’s decision to ban online gambling as part of its pandemic response could result in lawsuits seeking significant financial compensation.

This week, Jānis Trēgers, head of the Latvian Association of Internet Gambling (LIAB), issued a statement slamming the government’s decision to include online gambling among the activities temporarily halted to minimize further spread of the COVID-19 coronavirus pandemic.

Trēgers claimed the government’s decision was made contrary to any “economic logic.” Latvian-licensed online operators had already reported their average number of active gamblers falling by 26% following the government declaring a state of emergency on March 14 and Trēgers said “reducing the industry’s revenue to zero” would spell the death of the domestic online market.

Trēgers slammed Latvia’s parliamentarians for having “swiped a bold stripe over everything that had been done in Latvia to combat illegal gambling sites.” Said measures include prohibiting local financial institutions from processing payments on behalf of international gambling sites not holding a Latvian license and compelling internet service providers to block these sites’ domains.