All Available Packages


Search Blog by TopicSearch by Date

Cantor Gaming hit with $2 million fine

01.08.2014     01:46 PM     Printer Friendly blog entry.
Looks like Cantor Gaming is being hit with a $2 million fine for not knowing and/or doing anything about former employee Mike Colbert's actions.

The complaint said the company or Lee Amaitis, chief executive of the Las Vegas-based sports-betting unit, known until this week as Cantor Gaming, knew or should have known that one of their top executives was taking illegal bets. According to the complaint, failure to supervise an employee sufficiently to prevent criminal activity violates Nevada gaming regulations. Cantor Gaming's failure to do so "tends to reflect poorly on the reputation of gaming in the State of Nevada" and could hurt development of the industry, the complaint said.

Tags: Las Vegas

Vegas poker player tips cab driver $10K for returning forgotten $300K

01.02.2014     08:02 AM     Printer Friendly blog entry.
In keeping with today's Good Samaritan theme, here's another gem. An unnamed Las Vegas poker player left $300K in a cab and had it returned courtesy of the cab driver. He "tipped" the cabbie $10K for his nice deed.

"It's good enough, I really appreciate it," Gamboa said about the reward. "I wasn't expecting anything from the people I help. I never expect anything from the people I do good for, but I really appreciate it and that he appreciated what I'd done for him."

Tags: Las Vegas Poker

Teddy Covers' Las Vegas Wise Guy Report: Playoff bound, but Super Bowl XLVIII bound?

12.23.2013     07:23 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers blog entry.
Last year, heading into Week 17, Atlanta was the team to beat in the NFC, having already clinched homefield advantage with their 13-2 (at the time) record.  Washington was the hottest team in the conference and Green Bay was considered very live for the title, with Aaron Rodgers just one year removed from his Super Bowl ring.  In the AFC, the playoff were expected to be an eventual battle between the Patriots and Broncos, with the other four teams (Baltimore, Cincinnati, Houston and Indy) largely considered to be fodder for the elites; non-factors.

What happened? A San Francisco-Baltimore Super Bowl, won by the Ravens; their third straight postseason win as an underdog.  Let’s not forget that Baltimore entered the playoffs in the midst of a late season 1-4 SU and ATS skid; a team that NOBODY expected to make noise in January and February.

In 2011, in the NFC, Green Bay was the unbeatable juggernaut with a 15-1 record as the defending champs, and the Saints weren’t far behind, just one year removed from a Drew Brees Super Bowl ring.  Meanwhile, the Giants were on the outside of the playoff picture, needing to beat Dallas just to get Read more

Tags: NFL Teddy Covers Super Bowl XLVIII Las Vegas

South Point's College Football Bowl Parlay Contest

12.19.2013     08:14 AM     Printer Friendly blog entry.
Details on South Point’s $50K college football bowl parlay contest. It is $10 per card and the bonus is you don't have to worry about those pesky pointspreads – nothing but straight up action, baby! Also be sure to check out The Vegas Parlay -- a great blog that covers the Las Vegas sportsbook scene.

Tags: College Football Las Vegas

Former Vegas gambling exec runs into trouble for playing at Pinnacle

12.05.2013     07:59 AM     Printer Friendly blog entry.
Because of his ties to Pinnacle Sports, former Golden Nugget owner Timothy Poster had his application to work in the gaming industry rejected by the Nevada Gaming Control Board. Funny that despite residing in Las Vegas, Poster placed bets at Pinny simply because its limits were higher.

Burnett told Poster, "I've heard you're a really good guy. I like you personally." But the board cannot ignore these violations.

Board member Terry Johnson said he could not approve the license because of "his associations with certain persons" and his online wagering with an illegal sports betting service.

Johnson said he had "trouble accepting that you (Poster) did not know it was an unlawful act."

Tags: Las Vegas

Las Vegas casinos hope for the best when it comes to collecting debt

11.01.2013     07:12 AM     Printer Friendly blog entry.
Interesting article in the Las Vegas Sun about how casinos deal with gambling debts from high rollers.

John Kempf, a casino industry analyst with RBC Capital Markets, says casino companies tend to set higher allowances for debt more because they are depending on a few individuals to pay up. In some cases, a single customer might make up a quarter or more of a casino company's outstanding debt.

Tags: Las Vegas

Sportsbook manager pinched for shady dealings

10.31.2013     07:12 AM     Printer Friendly
Former Palms sportsbook manager busted for taking bogus quinella bets. Article courtesy of the Las Vegas Review Journal.

Tags: Las Vegas

Cantor Gaming still hoping to change sports betting industry

10.29.2013     06:46 AM     Printer Friendly blog entry.
Good article in the Wall Street Journal about the ups and downs for Cantor Gaming. Topics include Mike Colbert, money laundering, the practice of taking big bets, wiretaps, and a canceled IPO.

“Maybe Lee [Amaitis] is right and everybody else has been wrong,” said Mark Lipparelli, a former head of the Nevada Gaming Control Board. “I think you have to get to yourself to a place that says you don’t believe in market theory to think it won’t work. I happen to believe in market theory.”

“They came into town with guns ablazing, saying there’s a new way to run sports books,” said Micah Roberts, a former casino sports-book director who writes about sports betting. “They believed that eventually, in the long haul, you will grind out a profit by taking all bets.”

Tags: Las Vegas

Caesars Palace being investigated for money laundering

10.23.2013     01:55 PM     Printer Friendly

Caesars is the news again and this time it's a little more serious than walking away from a potential casino deal. Turns out Caesars Palace is being investigated for money laundering. Last week's Caesars' stock was hovering around $20-$22. When news broke of the alleged financial shenanigans it dropped to just above $17. So the stock market and betting markets really are one in the same. News breaks that Tom Brady's ACL is being held together by fishing line and the Pats go off as home dogs to the Dolphins!

Caesars bails on Boston casino project

10.21.2013     12:02 PM     View Read more

Tags: Las Vegas

Oddsmakers think college footbal total of 100 is coming

10.11.2013     01:36 PM     Printer Friendly
Las Vegas oddsmakers think that a college football game with a total of 100 is on the horizon. Oregon vs. Baylor in a dome, anyone?


Tags: College Football Oregon Ducks Baylor Bears Las Vegas


Page 17 of 42
"Las Vegas'"



Current Blog Topics
Current Blog Topics
SportsMemo Ads
Daily Plays
Erin Rynning and his clients are off to a monster start in the NFL with over +12 units of profit. For Sunday, he comes in with a MONSTER 20* total in the AFC. Hop on board with the NFL's No. 1 handicapper for $39. It must cash or his next top rated football selection is on the house.

Teddy has nailed three straight 20* Big Ticket Reports, all easy, right side cashes like the KC Chiefs at Oakland last Sunday. He is primed to deliver the goods this week with his 20* Big Ticket Sunday Night GAME OF THE YEAR as the Seahawks and Cardinals battle in Arizona, putting his STRONG 62% NFL season on the line. Get it here, now! This play must win or his next report is FREE!

OTTO Sports owns the big plays with 67% winners and +38 units of profit with his top rated 20*s in college and pro football over the last two years. Get Sunday's 20* AFC South Game of the Month for $39. A must win or OTTO's next top play is free of charge.

Rob Veno has established himself as one of the nation's elite Best Bet handicappers with his famed 20* Bluechip releases. Since 2014 Rob has posted a record of 122-81 60.2% +71.4 units with his 20* Bluechip plays in All Sports. For Sunday action Rob has released his 20* Bluechip Game Of The Month. You can join Rob on this play for only $39 and it must win or you will receive his next 20* report at no additional cost.

Ian Cameron CRUSHED the books in the NFL last season putting together a very strong winning campaign with a 32-20 record for 62% winning action and +12.3 units of profit. He is rolling this NFL season as well with a strong 17-8 record 68% for +11.8 units of profit. Ian has notched a 5-1 83% record with his NFL 20* plays this season and he is ready to deliver another top rated winner in NFL action on Sunday with his 20* NFL Game Of The Month with strong fundamental and situational aspects combining to make this his strongest NFL side in October. You can get it complete with detailed written analysis for $39 and it is guaranteed to cash or his next NFL play is free.

Drew Martin is very selective when it comes to the NFL and that stands pat this weekend as he is out with only two plays on the NFL card. Drew has his highest rated play of the entire month of October kicking off Sunday afternoon between the Tampa Bay Buccaneers and the San Francisco 49ers. Drew's Top Shelf NFL Game Of The Month is only $39 guaranteed to win or Drew's next selection is yours at no extra charge.

Alex B. Smith has isolated one single play in the NFL this week that he is firing away on as his October Game of the Month. This 20* BlockBuster release lines up as on of his strongest selections of the season thus far, and you can grab this Best Bet selection, complete with detailed written analysis, right now for only $39. If this Game of the Month fails to cash in, you will get Alex B.'s next NFL play on the house.

Brent Crow is off to a great start in the NFL with an 11-6 65% mark after the first six weeks. He has another top rated 20-star winner, his underdog Game of the Month in the NFL ready now for Sunday's action. Get this huge 20-star winner now for just $39! It must win or his next top rated selection is free.

Unmatched production in the NFL for Andrew Lange and his clients with 62% winners and over +45 units since 2012. He's off to a stellar 10-6 63% start to 2016 so don't miss out on Sunday's 15* Best Bet. It's a guaranteed winner or Lange's next top rated football selection is on the house.

Rob Veno is attacking the NFL season with a vengeance posting an 22-10 68.8% +13.2 unit mark in 2016 with his Sides & Totals. Rob has released a 15* NFL Best Bet NFC Matchup which comes in Sunday action and you can join him on this play for only $35. This selection must win or you will receive Rob's next 15* NFL report free of charge.

Extended Services

Copyright © 2007 SPORTSMEMO, INC, 1-800-575-3069. is the nation’s premier resource for sports betting and handicapping information. Get free football picks, free NFL picks, free college football picks, free baseball picks, free NBA picks, free college basketball picks, free hockey picks, free golf picks, and free soccer picks from the nation’s top handicappers. Sportsmemo's sports betting insight and analysis comes from some of the most respected sports handicappers in the sports gambling industry including Ted Sevransky (Teddy Covers), Brent Crow of Alatex Sports, Rob Veno, Erin Rynning, Otto Sports, Andrew Lange, Ian Cameron, Drew Martin, and Alex B. Smith. Listen to these handicapping experts daily on the Sportsmemo Podcast Monday-Friday at  Missed the Sportsmemo Podcast?  Past shows are available on's podcast archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, CFL, and PGA? Check out the interactive sports betting posting forum, power ratings, expert handicapping blogs, and original sports betting articles from the Sportsmemo team that specializes in sports information from a pointspread perspective at   Oct 22, 2016 08:06 PM.