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December

6

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CG Technology in trouble with the Nevada Gaming Control Board

05.18.2016     07:58 AM     Printer Friendly
SportsMemo.com blog entry.
CG Technology is once again in a bit of hot water. The Nevada Gaming Control Board is going after the Las Vegas sportsbook for screwing up payouts to bettors due to what is being called a "software glitch."


“Consequently, (CG Technology) effectively ignored a group of several thousand patrons who had won their parlay wagers but who had underpaid their winnings and left responsibility to those patrons to bring an underpayment to the attention of (the company),” the complaint said.






Tags: Las Vegas




Raiders to Vegas makes little sense if locals can't bet on the games

05.17.2016     08:23 AM     Printer Friendly
SportsMemo.com blog entry.
While the odds of the Oakland Raiders moving to Las Vegas seem decent, the underlying issue is will local sportsbooks be able to offer lines on their games? Oddsmaker Jay Kornegay brought up a good point that if their games aren't on the board it'll continue to make sports betting look taboo.


“As much as we want to see a pro franchise, I certainly would not be in favor of taking those games off the board,” said Jay Kornegay, the race and sports book director of the Westgate Superbook. “It’d be sending the wrong message. It’s stating something is wrong with the industry.”

“Future sports betting, when it spreads across the United States, will be modeled after Nevada,” Rood said. “We’re one of the most highly regulated industries in America. I’d put us up against any banking or Wall Street regulations. That stringent. And I would think the leagues will embrace that. We want the same thing the leagues want: games played with integrity.”






Tags: NFL Oakland Raiders Las Vegas




Nevada looks into sports betting app for out-of-state bettors

05.10.2016     08:23 AM     Printer Friendly
SportsMemo.com blog entry.

This is interesting. The Nevada Gaming Commission is considering a scenario where people from outside of the state can use its sports betting apps.


Tags: Las Vegas




NFL Gambling News: Oakland Raiders to Las Vegas has financial backing

04.29.2016     07:31 AM     Printer Friendly
SportsMemo.com blog entry.
So, this Oakland to Las Vegas thing has legs. Raiders owner Mark Davis is willing to pony up a half billion dollars to make it happen. And Roger Goodell is apparently leaving the decision in the hands of the owners.


"All of us have evolved a little bit on gambling. To me, where I cross the line is anything that can impact on the integrity of the game. If people think it is something that can influence the outcome of a game, we are absolutely opposed to that."

The NFL has long shunned Las Vegas, refusing its TV ads and telling players not to make appearances at casinos. But Davis said he believes owners will approve the move if the stadium is built.

“If we give them an offer they can’t refuse and that’s what we’re talking about now, I don’t see a problem,” Davis said.






Tags: NFL Oakland Raiders Las Vegas




Journalist resigns for not being able to write about Sheldon Adelson

04.27.2016     07:42 AM     Printer Friendly
SportsMemo.com blog entry.
Old fogey Sheldon Adelson owns the Las Vegas-Review Journal so it stands to reason that its journalists aren't allowed to write anything critical about the man -- even though 99.2 percent of what he does deserves criticism. LVRJ columnist John L. Smith recently resigned over this rule which was handed down by newly appointed editor Keith Moyer. Adelson and Smith have crossed paths in the past with the former suing the latter for libel back in 2005. Moyer claims the decision was his own and Adelson has no influence on what goes on in the newsroom. Umm, yeah.


"His disdain for the working press and its prickly processes is palpable — and easily illustrated by his well-known litigiousness," Smith wrote in the R-J. "I experienced this firsthand when Adelson sued me for a few lines I'd written in my 2005 book "Sharks in the Desert: The Founding Fathers and Current Kings of Las Vegas." At the time, my daughter Amelia was being treated for brain cancer. After an excruciating civil process, during which I was forced to

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Tags: Las Vegas




NFL Gambling: Most think Raiders to Las Vegas a pipe dream

04.25.2016     08:03 AM     Printer Friendly
SportsMemo.com blog entry.
Various Las Vegas oddsmakers price the Raiders' chances of moving to Las Vegas. One said the Phillies have a better chance at winning the World Series while another went as low as a 2-1 underdog.


“I think we have more of a chance than we’ve ever had,” CG Technology sports books vice president Matthew Holt said. “We’re all cheering for it, but I’m not overly optimistic. We’re still an underdog, though a small underdog. I’ll say the odds are 2-1 against. I think (Davis) is serious to an extent.

“Talking about building a stadium and building it are different. And the NFL is so anti-gaming that until sports betting laws change, the league is going to be against it, so that’s another hurdle to clear. I have a lot more optimism that we’ll support a football team than a hockey team for 41 nights a year. I think the hockey team is going to be a struggle after the first year. It’s hard to get a regular fan base. Most of the warm-weather franchises have

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Tags: NFL Oakland Raiders Las Vegas




Bettors hit monster parlay in Las Vegas

03.03.2016     08:54 AM     Printer Friendly
SportsMemo.com blog entry.
Some dude hit a 15-team parlay that paid out $305K at Las Vegas' William Hill. He reportedly hedged some of his bet on the final game.




Tags: Las Vegas




Las Vegas' Cosmo upgrades sportsbook

03.02.2016     07:35 AM     Printer Friendly
Las Vegas’ Cosmopolitan recently upgraded its sportsbook. Here’s an article about the details.




Tags: Las Vegas




Wynn Sportsbook readies launch of sports betting app

02.26.2016     07:31 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas sportsbook sports betting apps are all the rage these days as the Wynn is expected to offer one next week.


“This is an exciting development we’ve been working on for quite some time and are pleased to now be able to offer this amenity to our guests,” Avello said in a press release. “Whether dining in our restaurants, lounging by the pools or in your guest room, the Wynn Mobile Sports allows guest to enjoy the first-rate, luxury experience of our Race & Sportsbook in the palm of their hand.”






Tags: Las Vegas




NFL Betting News: Raiders to Las Vegas not that far-fetched

02.11.2016     08:35 AM     Printer Friendly
SportsMemo.com blog entry.
The Las Vegas Raiders? Oddsmakers are saying it isn't all that much of a longshot.


"A lot of people are talking 10-1 or 100-1, but I would make it much lower," said Jimmy Vaccaro, a veteran Las Vegas oddsmaker. "It's a lot closer to happening than we once thought. I have the lowest odds on the Raiders being here. It should be less than 10-1."






Tags: NFL Oakland Raiders Las Vegas



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"Las Vegas'"

December

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