Frederick H. May 14, 2015 06:44:13
More about Adam Silver and his realizations on legalized gambling. As the only sports commissioner in American professional sports to openly support legalized sports betting, NBA Commissioner Adam Silver sees himself more “pro-realist” than “pro-gambling.” But it seems as though his words are defining how others view him. Now anywhere he appears, people will refer […]
Frederick H. May 13, 2015 12:51:40
A comparison between gambling culture in Great Britain and the U.S The history of gambling in correlation to the US gambling laws has finally come to a crossroads where we may see the expansion of legalized sports betting. Sports betting is technically illegal in the U.S, but its enforcement is prejudicial at best. Every year […]
Frederick H. May 13, 2015 12:01:49
The lottery led America into the age of legalized gambling. The United States is on the precipice of legalizing gambling in professional sports. Finally officials are coming forward with thoughts that many have had for a long time. The billions waged by Americans are going the pockets of citizens, sports bookmakers and offshore sportsbooks, while […]
Phyllis F. May 13, 2015 08:48:42
Genting Singapore PLC has 52.6% in gaming stocks with a value of USD$8.8 billion on the Signapore Stcock Exchange. Brean Capital’s reputation is being marred by its bad bets on Macau stocks. Brean had invested $174 in Wynn, but didn’t come out a winner, as stocks fell to $132 and then to $114. Later, it […]
Phyllis F. May 13, 2015 05:14:29
Declaring Atlantic City bankrupt because of a massive budget deficit could have a butterfly effect. With four casinos closed, a $100 million gap in its budget and tax appeals by at least five casino properties, which is possible under US gambling laws, the odds of Atlantic City becoming bankrupt is pretty high. Also as if […]
Frederick H. May 13, 2015 04:45:56
Illegal wagering is estimated to be between $80 and $380 billion annually. The Professional and Amateur Sports Protection Act has created a roadblock preventing many states from increasing their economies with sports revenue. Once considered a final act of desperation by many professional and collegiate athletic officials, nowadays it’s considered more of prophylactic that keeps […]
Vera T. May 13, 2015 03:50:55
Philanthropic World Series of Poker Champion Martin Jacobson talks about what life has become after his victory. After winning the 2014 World Series of Poker Main Event Championship in November, the Swedish professional poker player dove head first into the world of philanthropy. According to gambling news, he donated a generous amount, $250 million to […]
Frederick H. May 13, 2015 02:33:18
Adam Silver described legalizing sports wagering as “inevitable”. Sports gambling was always been connected to sport. Gambling on an activity relates to the human need to identify with something or somebody greater than themselves. For generations, critics have maintained that involving money in games ruins the “purity” of the sport. What tends to elude most […]
Frederick H. May 11, 2015 09:20:41
A sports commissioner finally steps forward to support legal wagering. Legalized sports betting is a subject that has always caused much discussion. Gambling on sports might be as long of a tradition as gambling itself. College and professional sports have worked arduously to remove sports betting from the “image” of sport. Now America is at […]
Phyllis F. May 11, 2015 08:04:48
Porte sleeps under the Sky in RV mobile home, dreaming of a win at Giro D’Italia One of the cyclists that sports fans are expecting to win at this year’s Giro d’Italia is Sky champ Richie Porte. As Porte aims for victory he hopes to sleeps soundly in Sky’s super-sized mobile home. The elite team […]
