Twice weekly, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here.
Stumble upon something you think we should include? Email info@bettingtalk.com.
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A $1 billion California-based sports betting ring was busted by Brooklyn, N.Y, prosecutors yesterday. The ring operated sites online, including wagerabc.com and hustler247.org.
During the 2015 football season, Mitchnick, 58; Joseph Schnieder, 39; Claude Ferguson, 43, all of California, and Arthur Rossi, 66, of Manhattan, allegedly accepted $927 million and disbursed up to $200,000 a month between April 2015 and June 9, 2016 to maintain staff in its “wireroom” in San Jose, Costa Rica.
“The principals of this huge gambling operation – possibly the biggest one ever to be dismantled by a local prosecutor’s office – allegedly moved millions of dollars around the United States and the world and used various tactics to launder these proceeds,” said Thompson.
The Sacramento Bee published an in-depth article detailing bills that would bring legalized daily fantasy sports and online poker to California.
His chief argument is that Californians are already risking their money on fantasy sports and poker websites, and that legalizing them, with regulation, would be consumer protection. “This is an activity that goes on every day,” Gray said during one hearing. “It’s important we get our arms around this.”
On Tuesday, the Pennsylvania House of Representatives approved a gambling expansion bill that would regulate daily fantasy sports, allow online gambling by casinos and permit slot machines at airports.
In previous comments, Dunbar said his bill “provides consumer protections” to the unregulated fantasy sports industry that is growing in popularity — and which he likened to the “wild, wild west” when it came to oversight.
Dustin Gouker of Legal Sports Report says calling a bill “daily fantasy sports regulation” isn’t a great idea.
Things get stickier for the bill vis a vis laws we’ve seen in other states, when one takes a look at the co-sponsorship memorandum that accompanies bills in Pennsylvania.
That memo from Williams has a subject line of “Daily Fantasy Sports Betting Regulation.”
It goes on to declare that the bill would call DFS a game of skill, as well. But still, the phrase “sports betting” sticks out like a sore thumb. And that’s where the Professional and Amateur Sports Protection Act could come into play.
U.S. men’s national soccer coach Jurgen Klinsmann’s odds of becoming England’s next coach went from 33-to-1 down to 9-to-2.
The odds on England’s next coach have been up only a day, and limits are low at £100. Englishman Glenn Hoddle, a former Chelsea player and manager, also is considered a top-tier candidate and is listed at 5-1 at Ladbrokes. But the bulk of the early action is on Klinsmann.
More than 80 percent of the bets on the odds to replace Hodgson were on Klinsmann, according to Ladbrokes.