Featured Articles Archive - Page 122

Mourning the death of Full Tilt

Earlier this week, Amaya announced that it would be merging Full Tilt's traffic with PokerStars.com.The announcement wasn't a big surprise to anyone who has paid attention to online poker traffic over the last few years. Full Tilt, once the clear runner-up behind PokerStars in the race to lead the online poker pack, has sagged to 11th on PokerScout.com's traffic report, with average cash game traffic of just 800 players over the last seven days...read more

Chris Moneymaker bullish on Global Poker League

Since turning the poker world upside down with his monumental victory at the 2003 World Series of Poker Main Event, Chris Moneymaker has been approached to represent, as he puts it, "everything under the sun."To his credit, Moneymaker has been very selective in deciding what he actually attaches his name to, and that discipline has been beneficial for a variety of reasons.Global Poker League The first annual Global Poker League draft will be held Thursday, Feb...read more

New Jersey sports betting case goes back to court

To steal a football phrase, it was "Hail Mary" time for New Jersey sports betting proponents on Wednesday. And, like most late-game desperation passes, the bid to pave the way for the legalization at the state’s casinos and race tracks most likely fell incomplete inside the Third Circuit Court of Appeals in Philadelphia.That was the prevailing thought from most observers that were inside a jam-packed courtroom this morning for a rare rehearing regarding the state’s fight against the NCAA and the four professional sports leagues to allow sports betting."Just from reading the judge's faces you can never tell, but from the tone of the some of the questions they had I think it's more than likely that the leagues win a slim majority decision," predicted gaming lawyer Christopher Soriano, a partner at the law from Duane Morris, who attending the hearing.Among many gaming experts in the courtroom, Soriano wasn't alone in his opinion:Takeaway: PASPA constitutionality back in play, but leagues likely to prevail again...read more

Las Vegas Casino Openings & Expansions: The Cosmopolitan unveils sports bettor's paradise steps off the Strip

Since The Cosmopolitan of Las Vegas opened just over five years ago on the Las Vegas Strip, sports betting has admittedly been an afterthought. While the space reserved for the sportsbook on the second floor was fully functional and served its purpose, it was not a "destination" area within the lavish, twin high-rise resort sandwiched between CityCenter and Bellagio."It was more of a transactional area where you'd go in, make your bet and then go find something else to do," The Cosmo's Senior Vice President of Gaming Operations, Brian Benowitz, explained to Casino City.The 23-seat bar at The Cosmo sportsbook is open 24/7 and offers unobstructed sightlines to the main LED walls...read more

PokerStars looks to revolutionize heads-up poker

There's been a lot of action at the heads-up poker tables at PokerStars.com recently, and none of it involves cards or chips. PokerStars is changing the way heads-up poker will be played online, making it more fun and easily accessible to casual players through its mobile product, Duel.Duel is a mobile app that gives PokerStars players the ability to play heads-up matches against anyone in the world at any time — or at least it will when it goes global; today's launch only includes a beta version in Norway.Duel is a mobile app that gives PokerStars players the ability to play heads-up matches against anyone in the world at any time...read more

DFS news roundup: ESPN terminates exclusivity deal with DraftKings

ESPN has cut ties on its exclusive advertising relationship with DraftKings just one month after their deal kicked off, Yahoo Finance reports.The two companies had announced a deal last June that would see DraftKings be the sole daily fantasy sports (DFS) sponsor on ESPN, in exchange for DraftKings committing $200 million per year in ad spend on ESPN's family of networks...read more

Top 10 presidential betting stories

Last Sunday after Super Bowl 50, on The Late Show with Stephen Colbert, President Obama shocked the nation when he admitted to illegally betting on the game. Or at least, I pretended to be shocked; I don't know about you. And to be fair to Obama, we don't know that he didn't pop out to Nevada on Air Force One to place a perfectly legal wager at a proper sportsbook...read more

Top 10 betting stats from Super Bowl 50

As predicted here two weeks ago by veteran bookmaker Jimmy Vaccaro, Super Bowl 50 was indeed "historic." The Nevada Gaming Control Board announced late Monday that the $132,545,587 wagered on Sunday's Broncos-Panthers game at Nevada's 194 sports books smashed the previous record of $119,400,822, set two years ago when Seattle thumped Denver, 43-8. In addition, the bookmakers made a profit on Super Bowl Sunday for the 24th time in the 26 years the board has been keeping records...read more

PredictIt aims to find out if political bettors could be more accurate than pollsters

While traders think Bernie Sanders will run away with New Hampshire, they still like Hillary Clinton to win the Democratic nod by more than a 2-1 margin. (photo by Gage Skidmore)Last week's Iowa caucuses marked the beginning of the U.S. presidential nomination process, and with it came a flood of media reports about the momentum of candidates, predictions about which candidate would be next to exit, and who would eventually win their party's nomination.It also brought about a frenzy of political futures trading on PredictIt, a political prediction market...read more

DFS news roundup: Payment processor Vantiv bows out of industry

The daily fantasy sports industry experienced a major setback late last week when a payment processor told the major DFS sites it would no longer handle their transactions and was leaving the industry entirely.The New York Times reported that Vantiv Entertainment Solutions, which handles a "significant number of transactions" for both DraftKings and FanDuel, told its clients that it would "suspend all processing for payment transactions" in the U.S...read more