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October

21

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Las Vegas resident Pete Rose doesn't do the casino thing

07.16.2014     08:08 AM     Printer Friendly
SportsMemo.com blog entry.
In a recent interview, Pete Rose claimed no one in the Reds' clubhouse knew he was betting on baseball. He also said that despite living in Las Vegas, he never goes to casinos.


“Baseball, to me, is a better game if I’m in it,” Rose said, repeating a line from a 2012 interview with WFAN’s Steve Somers. “Because of my passion for the game and for my love of young players, and for the way I like to develop young players. When I managed the Reds from ’84 to ’89, nobody in that clubhouse knew that I was making a bet. Nobody.”

“There are some people that think I’m wrong when I drive by a race track,” he said. “Drive by it. Don’t stop in it. OK? I’m not a casino gambler. And if you don’t believe me, just have someone follow me around. I go to work every day, I get off, I go get me a Subway salad, I go home and watch baseball on TV. (I) never go in a casino.”






Tags: Las Vegas




World Cup sports betting ring busted as Las Vegas casino

07.16.2014     07:47 AM     Printer Friendly
Huge illegal sports betting ring taken down at Las Vegas' Caesars Palace. One of the accused is high-stakes poker player Paul Phua. You can watch Las Vegas' KLAS report here.



Tags: Las Vegas




LVH changes name to Westgate Superbook, upgrades to follow

07.14.2014     02:23 PM     Printer Friendly
SportsMemo.com blog entry.
Looks like the LVH has a new owner and a new name with the sportsbook now called Westgate Superbook. Westgate Resorts CEO David Siegel bought the property for an estimated $160 million. According to The Vegas Parlay, the sportsbook will receive a multiple upgrades, including a jumbo screen TV. This will have no impact on the upcoming NFL SuperContest.



Tags: Las Vegas




Teddy Covers' Las Vegas Wise Guy Report: AFC Season Over/Under Win "morphers"

06.23.2014     08:47 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Two weeks ago, I wrote about the seven NFC teams that are projected to improve or decline by two wins or more in 2014 based on the current market numbers for their season win totals.  I intended to write Part II of the article last week, talking about the four AFC teams that are also projected to improve or decline by two wins or more in 2014, but I got derailed by the College Football Game of the Year openers at the Golden Nugget; a “must report” event.  So, let’s just call it better late than never!

The markets are telling us to expect more of the same from 12 of the 16 AFC teams.  What makes these four squads different? My goal here is to focus on why these particular teams are expected to improve or decline significantly compared to last year.  I’ll do that by looking at how the broader market conditions affect the numbers.  What do the markets fixate upon?  What do they largely ignore?  Read on to find out. 

Kansas City Chiefs: 11-5 in 2013, O/U 8 wins in 2014
Last year in this space, I called the Chiefs coming off a truly dismal 2-14 campaign “the poster child for Read more


Tags: NFL AFC Kansas City Chiefs Cleveland Browns Cincinnati Bengals Houston Texas Teddy Covers Las Vegas




Sheldon Adelson is the worst kind of person

06.23.2014     08:36 AM     Printer Friendly
SportsMemo.com blog entry.
Article courtesy of The Verge reinforces our theory that Sheldon Adelson is an idiot.


"It’s [Adelson’s] ‘I’m rich and I’m right’ campaign," says Jan Jones Blackhurst, head of government relations at Caesars Entertainment, which supports online gambling. "That kind of scaremongering … is just counterproductive to the entire legitimacy of the industry. It’s confusing to everybody."

"This is a play from Adelson to put the final nail in the coffin of Caesars," he says. "Caesars wants internet gaming very badly."





Tags: Las Vegas




Las Vegas Strip welcomes new casino and sportsbook

06.18.2014     07:44 AM     Printer Friendly
SportsMemo.com blog entry.
The Strip is getting a new casino as the SLS Las Vegas is scheduled to open its doors on Saturday, August 23. It's located on the corner of Las Vegas Boulevard South and Sahara Avenue. William Hill will operate the SLS's sportsbook.


“It’s such an honor to be part of a dedicated team working around the clock to help bring our vision to life,” said Rob Oseland, president and COO of SLS Las Vegas. “Today we’re turning on our lights and the countdown officially begins as we prepare to welcome guests at SLS Las Vegas one week ahead of schedule.”






Tags: Las Vegas




Teddy Covers' Las Vegas Wise Guy Report: Golden Nugget's College Football Games of the Year

06.16.2014     11:11 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
The sportsbetting world here in Las Vegas has shifted into full summer mode over the past week.  The NBA and NHL Finals are now in the rear view mirror with the Spurs and Kings crowned as champions, leaving a modest sportsbetting void even in the midst of the World Cup.

Once the Finals end, my focus shifts towards the upcoming football season, and I’m certainly not alone in that regard.  Last week I wrote about NFL Season Win totals that have begun to proliferate in Las Vegas (still lagging behind offshore, though).  Part 2 of that article will come next week in this space. 

This past Friday, we saw another clear sign that football is just around the corner, as the Golden Nugget released their lines on 200 College Football Games of the Year.  These GOY pointspreads were posted on about 10-15 high profile marquee games a week, beginning with the Texas A&M-South Carolina and Boise State-Ole Miss showdowns on Thursday, August 28th, while running through the likes of Oklahoma-Oklahoma State, Kansas State-Baylor and Army-Navy in December.

This is the eighth consecutive year that the Nugget has been the first place in Vegas Read more


Tags: College Football Teddy Covers Las Vegas




Teddy Covers' Las Vegas Wise Guy Report: NFC Season Over/Under Win "morphers"

06.09.2014     08:19 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
I’ve been waiting patiently for the NFL Season Wins market to mature, but that doesn’t happen quickly here in June.  Most of the notable offshores have not posted Over/Under win totals yet, leaving Vegas as the only active market right now. As a result, all the numbers used in this article are from right here in Sin City.

Of the 32 NFL teams, only 11 have Over/Under win totals that are different from their final record last year by two games or more.  In other words, the markets are telling us to expect ‘more of the same’ from 21 of the 32 teams in the league.

In my Vegas Wiseguy Report article over the next two weeks, I’m going to focus on those eleven teams that are expected to morph positively or negatively from last year.  The goal of this discussion is to focus on why these particular teams are expected to improve or decline significantly compared to last year.  I’ll do that by looking at how the broader market conditions affect the numbers.  What do the markets fixate upon?  What do they largely ignore?  Read on to find out.

This week’s focus will be on the seven NFC Read more


Tags: NFL Washington Redskins Carolina Panthers Green Bay Packers Seattle Seahawks Atlanta Falcons Tampa Bay Buccaneers Arizona Cardinals Teddy Covers Las Vegas




Gambling Update: Dana White reportedly crushed The Palms Casino again

06.03.2014     02:12 PM     Printer Friendly
UPDATE

Meathead and alleged savvy gambler Dana White is back in the news. In 2012, White had his credit line at The Palms cut in half. The casino is apparent back to placing limits on White after he recently won $2 million over three-month span. He was later quoted as saying Caesars is the only place left in Las Vegas that won't "mess around with limits."





UFC's Dana White cuts ties with The Palms after gambling credit cut in half

10.29.2012     11:20 AM     View Original Blog


UFC President Dana White just Read more



Tags: Las Vegas




Group of bros cash in on UConn's National Championship

05.29.2014     08:34 AM     Printer Friendly
SportsMemo.com blog entry.
Cool story on 12 UConn fans who won $60K on a futures bet at Las Vegas' Hard Rock Casino. The best part was they actually shopped around. Las Vegas sportsbooks have notoriously poor futures odds and after seeing 25-1 at Caesars they found 50-1 at the Hard Rock.


“The plan was if we won, we’d come back to Vegas to pick up the money and have a ridiculous Memorial Day weekend,” said Harrison Fuchs, the de facto leader of the big winners. “We all thought it was a long shot, but here we are.”






Tags: College Basketball UConn Huskies Las Vegas



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