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Online gambling needs interest from more states

08.08.2014     06:34 AM     Printer Friendly
SportsMemo.com blog entry.
By now you've heard of the ridiculous Restoration of America's Wire Act in which old goof Sheldon Adelson and his political minions are trying to completely shut down online gambling. That includes the states that just made it legal like Nevada and New Jersey. It's not like $290,000 is a lot of money to Adelson, but despite the fact that there is practically zero chance the Wire Act will be passed, that is how much money was thrown into the anti-online gambling cause during the second quarter. But even though Adelson's attempt to shut down everything will fall short, his efforts are certainly hampering those try to expand online gambling. One gambling analyst noted that in order for online gambling to go national, more states need to show serious interest.


“If more and more states would enact online gaming at the state level, I think at some point there would be more interest for a federal bill,” he said.

“The FBI has warned it will open the door to money laundering and other criminal activity,”

Read more



Tags: Las Vegas




NFL Handicapping: Week 1 Preseason lines now available

08.01.2014     08:29 AM     Printer Friendly
SportsMemo.com blog entry.
A majority of offshore and Las Vegas sportsbooks are now offering lines for Week 1 of the NFL Preseason. Action gets underway on Sunday with the Giants taking on the Bills in the Hall of Fame game (Canton, Ohio). It is one of the only Week 1 games that has seen much of any market movement.. The Bills opened -1.5 but have been bet up to as high as -3. As with most preseason games, information is paramount and we can expect more line movement in the coming days as teams divulge their quarterback rotations and overall game plans.




Tags: NFL New York Giants Buffalo Bills




Casino cheat's reign comes to an end after ridiculous gaffe

07.31.2014     07:32 AM     Printer Friendly
SportsMemo.com blog entry.
Story of a casino cheat who managed to stay under the radar for 15 years only to be busted at a Pennsylvania casino for using his real name and birthday (!!!???) to sign up for a player's club card.


“For a cardsharp, he wasn’t too sharp,” said Las Vegas casino consultant George Joseph.

“Guys like Chahine are what I call low-level, repeat offenders, versus the ones who go in for the big haul,” said Karl Bennison, chief of enforcement for the Nevada Gaming Control Board. “Who knows how many times he was successful, but if you can get away with it, cheating can be profitable.”











Phil Ivey attempts to bail illegal sports bettors out of jail

07.30.2014     08:17 AM     Printer Friendly
UPDATE

Phil Ivey and another unnamed poker pro reportedly attempted to post bail for the two men tied to the illegal sports betting operation that was taken down last month at Caesars Palace. The Feds weren't having it however with both men, Malaysian citizens, in line to be deported.





World Cup sports betting ring busted as Las Vegas casino

07.16.2014     07:47 AM     View Original Blog


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 Read more



Tags: Las Vegas




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




MLB Handicapper Free Play: Washington Nationals at Philadelphia Phillies

07.11.2014     08:48 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Washington (Zimmermann) -140 at Philadelphia (Burnett) O/U 7.5
Recommendation: Washington


Since the beginning of June, Jordan Zimmermann has been as good as any pitcher in baseball.  In seven starts, he has a 1.26 ERA with a 46-7 strikeout to walk ratio in 50 innings of work.  Zimmermann won 19 games last year and ranked among the best pitchers in baseball with a 4.4 WAR and 2.94 ERA in 2012. This hot streak is no fluke.

Zimmermann’s quote sums it up well: “I just started throwing strikes and locating better. The slider finally came back. I didn't have it for a month and a half. I was able to get that back. That's a big pitch."

His streak started with a dominating performance against the same Phillies lineup he’ll face today, throwing eight innings of shutout ball.  He certainly shut down Philadelphia on a consistent basis last year, allowing only four earned runs while notching three wins in four starts against Read more



Tags: MLB Washington Nationals Philadelphia Phillies Teddy Covers




NBA Handicapping: Bettors play guessing game with LeBron's destination

07.08.2014     08:36 AM     Printer Friendly
SportsMemo.com blog entry.
As nauseating as it is to follow the coverage of LeBron James' free agent saga it has had an impact on the betting markets. Anticipating a potential move back to Cleveland a few Las Vegas bettors jumped in on the Cavs to win next year's NBA title. The MGM reportedly took a dime bet that helped drop the line from 40-1 to (geesh) 10-1. A slightly less knee-jerk reaction at LVH with Cleveland's odds now 30-1 after opening 60-1. Note that the MGM was the same sportsbook that at one point had the USMNT at 10-1 to win the World Cup.


"They are our biggest liability right now," said MGM VP of Race and Sports Jay Rood. "We took a dime ($1,000) on them at 40-1."







Tags: NBA Miami Heat Cleveland Cavaliers




Sportsmemo Handicapper Erin Rynning on LVH's NFL panel

07.03.2014     09:33 AM     Printer Friendly
Good news, Las Vegas bettors...

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Tags: NFL Erin Rynning



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