President Trump Talks Sports Betting, Nevada Books Collect Record Handle on Super Bowl

President Trump Talks Sports Betting, Nevada Books Collect Record Handle on Super Bowl

Sports legalization that is betting a controversial topic that has recently been debated in many state capitals, and the united states Supreme Court is considering conducting unique review within the coming months.

President Trump explained he won’t fight for activities legalization that is betting he hears all edges associated with the story from people who understand the market best.

The topic is garnering the attention of even more important players as Super Bowl LI generated a record handle at Nevada sportsbooks. The commander-in-chief gave over the weekend while there was much coverage on President Donald Trump’s sit-down with FOX News’ Bill O’Reilly during Super Bowl Sunday, it wasn’t the only interview.

Showing up on American sportscaster Jim Gray’s Westwood One radio network program, the president was asked about legalizing sports gambling nationwide.

‘What we’d do is sit down with the commissioners. I will be talking for them, and now we’ll observe how they feel about it,’ Trump explained. ‘Some would perhaps not desire it, I’ve look over others perhaps do. I would certainly want to have their input and have the input from the various leagues . . . coque iphone It will be studied very carefully.’

While vague, the president’s remarks are the first time he’s opined on potentially even considering repealing the Professional and Amateur Sports Protection Act (PASPA). The 1992 federal statute ma ادامه خواندن “President Trump Talks Sports Betting, Nevada Books Collect Record Handle on Super Bowl”

Pennsylvania Sports Betting Bill Introduced, Penn State Football Popular at Sportsbooks

Pennsylvania Sports Betting Bill Introduced, Penn State Football Popular at Sportsbooks

A Pennsylvania sports betting bill has been introduced by State Rep. bijoux pas cher Rob Matzie (D-District 16) that seeks to allow residents in the Keystone State to place financial wagers on sporting outcomes should a federal law be repealed.

James Franklin’s Penn State football team provided large payouts for fans who backed the Nittany Lions last fall, and a Pennsylvania sports betting bill has been introduced to keep those monies inside the Commonwealth.

House Bill 519 would allow the business of accepting wagers on sporting events or on the individual performance of athletes. Traditional Vegas sports betting formats including straight bets, moneylines, parlays, exchange wagering, and pools would all be authorized. However, Matzie’s bill wouldn’t legalize daily fantasy sports.

‘Sports betting is a $400 billion business in the United States,’ Matzie said in a statement. coque huawei ‘Most of that betting takes place illegally, through bookies and offshore wagering companies. This bill would position Pennsylvania’s casinos to be among the leaders in sports betting as soon as the legal hurdles are removed.’

Those legal hurdles are complex, as sports betting is currently outlawed in all but Nevada. For that to change, a federal statute passed in 1992, the Professional and Amateur Sports Protection Act (PASPA), would need to be repealed by Congress.

Pennsylvania is currently considering a massive gambling expansion packa ادامه خواندن “Pennsylvania Sports Betting Bill Introduced, Penn State Football Popular at Sportsbooks”

MGM Resorts Misses Fourth-Quarter Projections, but Springfield Casino Construction Ahead of Schedule

MGM Resorts Misses Fourth-Quarter Projections, but Springfield Casino Construction Ahead of Schedule

MGM Resorts posted improved fourth-quarter revenues in 2016 compared to the previous year, but the generated income fell far short of projections.

MGM Resorts CEO Jim Murren is encouraged heading in 2017 despite a disappointing fourth quarter for his company.

The Las Vegas-headquartered gaming and hospitality company reported net income of nearly $70 million for the final three months of the year. That translates to four cents per share, a far cry from the analysts’ consensus estimate of 21 cents for the quarter.

Though the company’s new property in Washington, DC, appropriately named National Harbor, brought in big money for MGM, and performance improved at the conglomerate’s 10 venues in Las Vegas and Atlantic City’s Borgata, the convention space underperformed.

Regardless of coming in well under fiscal expectations, CEO Jim Murren painted the earnings data in a rosy light.

‘The achievement of key financial and strategic milestones demonstrates our continued focus on driving profitability,’ Murren said in a release. ‘We are excited about the outlook for 2017.’

Investors on Wall Street don’t normally take the bait, and value numbers over words. Traded on the New York Stock Exchange, shares of MGM Resorts fell as much as nine percent following the financial announcement.

For the complete year, MGM generated a net income of $1.24 billion, or $1.94 per share. That’s a substantial im ادامه خواندن “MGM Resorts Misses Fourth-Quarter Projections, but Springfield Casino Construction Ahead of Schedule”

FantasyDraft Bails Out Fantasy Aces, Will Spend Player Balances

FantasyDraft Bails Out Fantasy Aces, Will Spend Player Balances

FantasyDraft will rescue the client balances for the stricken and Fantasy that is bankrupt Aces, its CEO announced on Monday in the RotoGrinders DFS forum.

FantasyDraft CEO Steve Krombolz said his company is stepping in so that they can save the ‘lifeblood of the industry.’ The majority that is vast of Aces customers will be paid in money, while larger balances is topped up with FantasyCash.

FantasyDraft was regarding the verge of acquiring the site last month before it pulled out of the offer citing ‘issues identified during our research.’ It was a move that quickly propelled Fantasy Aces towards chapter 5 bankruptcy.

Bankruptcy filings soon revealed the truth that is messy Fantasy Aces’ situation: the organization had failed to segregate player funds from the operational costs and owed its customers $1.3 million.

An account placed in the filings as ‘Players Account’ included just $2,419. Even though the company listed assets of $1.8 million, that may be liquidated to pay creditors, additionally said it had liabilities of $2.96 million.

In short, Fantasy Aces could not pay its customers.

99.6 Percent to Get Money

‘As members regarding the DFS community devoted to doing things the right way, we feel that individuals should do our component to safeguard the lifeblood associated with industry, you, the players,’ wrote Steve Krombolz, CEO and Co-Founder of FantasyDraft.

‘So, we’ve decided to have involved. Today, ادامه خواندن “FantasyDraft Bails Out Fantasy Aces, Will Spend Player Balances”

William Hill Pokies Games Free Brings Pari-Mutuel Betting to Horseshoe Council Bluffs Casino

Based on industry insiders, this could also happen during President Donald Trump’s tenure. The re-branding is anticipated to come into impact as of 1, 2017 and would result in the creation of a new ComeOn april! business unit. Pari-mutuel wagering is amongst the few types of betting allowed in states over the nation. The statement comes just a couple of days before the 2017 edition of this Kentucky Derby.

The business joined the limited pokies free United States betting market in mid-2012 by purchasing three sportsbook brands in Nevada, the only United States state where full-scale sports betting is legal. Him being at the nation’s helm is observed by numerous as being a silver lining for the recreations push that is betting. An agreement had been reached that no other brand alternative had been up to par with ComeOn.

The location will be William Hill’s 109th location across Nevada. Swedish sports gambling and casino operator, Cherry AB revealed today it intends to unify its iGaming catalog free online pokies no download no registration beneath the newly-acquired ComeOn! brand name. These include online gaming through ComeOn!, game development through Yggdrasil Gaming, gaming technologies through XCaliber, restaurant casino through Cherry Spelglädje, and performance-based advertising through Game Lounge. In accordance with a news release from Monday, casino clients can now place free no deposit bonus pokies their wagers on harness, thoroughbred, and greyhound songs every time through the week. The Swedish operator updated its 5,600 stakeholders on its restructuring decision that is latest and disclosed its motives to put a greater emphasis on the business’s operational freedom along with to align other company areas it owns with all the newly created brand.

The two operators planned to complete the wagering that is special prior to the ادامه خواندن “William Hill Pokies Games Free Brings Pari-Mutuel Betting to Horseshoe Council Bluffs Casino”