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Las Vegas sportsbooks are allowed to lay off bets at other books
11.30.2012 07:02 AM
Printer Friendly
Interesting interview with
Sporting News
and the Nevada Gaming Control Board's Chief of Enforcement. One question that a lot of folks are curious about is whether or not sportsbooks can lay off bets at other sportsbooks. Apparently they can, but not offshore and they must identify their intentions when doing so.
Tags:
Las Vegas
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College Football Handicapping: Bettors not eager to support Notre Dame
11.29.2012 07:35 AM
Printer Friendly
Las Vegas oddsmakers weigh in on the potential matchups for the
BCS National Championship
. The Wynn is offering lines on both Alabama-Notre Dame and Georgia-Notre Dame with little support coming in on the Irish. The Crimson Tide were bet up to a 10-point favorite while the Bulldogs moved from -1 to -3.5.
“Four days from now, we’ll be rooting for Georgia to upset the Alabama Crimson Tide,” William Hill sports books spokesman Jimmy Vaccaro predicted.
“After talking to some of the people who bet a lot on football, they don’t think that team is for real,” Wynn race and sports director Johnny Avello said of Notre Dame. “That’s their opinion. A lot of people just don’t believe in them. That’s the problem.”
Tags:
College Football
Alabama Crimson Tide
Georgia Bulldogs
SEC
Notre Dame Fighting Irish
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Feds take down another illegal sports betting operation
11.28.2012 06:45 AM
Printer Friendly
Jacktrade LLC, a defunct Las Vegas company, recently pleaded guilty to running an
illegal offshore sportsbook
. The case, which has been going on since 2006 (seriously?) is unrelated to the Mike Colbert/Cantor/Pinnacle bust.
"This allows Michael to claim gambling losses that were not his own and to create a tax windfall (generally in excess of $1 million) for himself at the end of each year," a court declaration says. "Additionally, this enables Michael's customers to remain anonymous and avoid filing any IRS documents."
"Patrons use telephones to place bets with the company in Curacao on horse and dog racing events occurring at various venues in North America," a 2001 memo from the Nevada Attorney General’s Office to Dennis Neilander, chairman of the state Gaming Control Board at the time, reads. "The bets are made against front money deposits with IRG in Nevada."
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College Football Gambling: Notre Dame an underdog in virtually every BCS scenario
11.27.2012 08:04 AM
Printer Friendly
According to one report, Notre Dame would be an underdog to
five of the six SEC teams
currently ranked in the BCS top 10.
“Sporting News asked Kenny White, longtime oddsmaker in Las Vegas and one of The Linemakers on Sporting News for betting lines on potential games between the Irish and the six SEC teams ranked in the top 10 of the current BCS poll,” Hayes said. “Of those six teams, Notre Dame would be favored to win one game: against No. 10 South Carolina by 1 point.”
Tags:
College Football
Notre Dame Fighting Irish
SEC
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Train route between Los Angeles and Las Vegas in the works
11.26.2012 08:17 AM
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Introducing the X Train, a proposed railroad route between
Southern California and Las Vegas
. For $99 each way, you can hop on train in Fullerton, roll with your bros to Vegas, drink as much as you can, maybe win a few bucks, and pass out on the ride home all without having to deal with pulling your car over nine times so your buddy Steve can dry-heave in the desert.
"The whole idea is when you get on a train, you feel like you're in Las Vegas," said Michael Barron, president and CEO of the $100 million venture that hopes to launch its maiden voyage on New Year's Eve 2013. "It's essentially a nightclub on wheels."
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Las Vegas
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Everything you need to know about online poker in Nevada
11.19.2012 12:15 PM
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Good article from the
Las Vegas Sun
about the details of Nevada's push for online poker.
Without federal action, Internet poker likely will be approved and regulated on a state-by-state basis, like the lottery. Poker operators likely will face different rules and taxes by state. There will be no federal oversight, and Nevada regulators may not play the important regulatory role Reid envisioned.
Tags:
Las Vegas
Poker
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Cantor takes over sportsbook at Pahrump Nugget Casino
11.15.2012 06:10 AM
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Cantor Gaming will take over the race and sportsbook at the
Pahrump Nugget Casino
– Cantor's first venture outside of Clark County. The casino is located an hour west of Las Vegas.
In other Cantor news, according to the
Las Vegas Review-Journal
, former sportsbook director Mike Colbert pleaded not guilty to charges ranging from money laundering to enterprise corruption. Colbert is due in court in New York later this month and then back in Las Vegas on December 3.
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LVH Sportsbook offers MNF prop bet highlighting Chiefs' ineptitude
11.12.2012 10:49 AM
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Kansas City
at
Pittsburgh
-12.5 O/U 40
You know you're having a bad season when a Las Vegas sportsbook hangs the following prop bet...
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NFL
Kansas City Chiefs
Pittsburgh Steelers
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UNLV students learn ins and outs of gaming industry
11.12.2012 08:22 AM
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Everyone knows that 90% of the classes you took in college were pointless. But UNLV is offering classes that are not only cool but ones that better prepare students for a career in the gaming industry. Good read courtesy of the
Las Vegas Sun
.
"We're not teaching students how to gamble," insists UNLV gaming professor Gary Waters, who teaches introductory classes in the gaming lab. "We're teaching students how to manage casinos. This is really important for the gaming industry."
"Our primary objective is so students can relate academic information to actual table games and slots, and get some operational experience," Waters said. "The more they get involved, playing it and dealing it, the better they perform in their internships and the more successful they are in their careers."
"The landscape has changed in the last few years," Waters said. "There are more college-educated executives leading these casinos. Education is more highly recognized in
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Las Vegas
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Women cashes in on 15-team parlay at Las Vegas sportsbook
11.07.2012 07:12 AM
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A woman hit a
15-team parlay
at Las Vegas' Red Rock Casino last week. She invested $5 and turned it into nearly $100K. Good for her.
Nebraska -2
San Diego State +15
Denver -4
Green Bay -11
Indianapolis +2
Baltimore -4
Houston Texans -10
Carolina +3
Detroit -4
Chicago -3
Seattle -4
Tampa Bay +1
Pittsburgh +3
Atlanta -4
New Orleans -3
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