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Wynn Casino severs ties with Japanese shareholder
02.20.2012 07:10 AM
Printer Friendly
Las Vegas' Wynn Casino just
cut ties
with its biggest shareholder, Japanese billionaire Kazuo Okada. Okada reportedly made improper payments to foreign gaming regulators which prompted Wynn to buy out his shares worth an estimated $1.9 billion.
"Freeh’s investigators uncovered and documented more than three dozen instances over a three-year period in which Mr. Okada and his associates engaged in improper activities for their own benefit in apparent violation of U.S. anti-corruption laws and gross disregard for the company’s Code of Conduct. These troubling discoveries include cash payments and gifts totaling approximately $110,000 to foreign gaming regulators,” Wynn’s statement on Sunday said.
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Sunday NBA Free Betting Pick: Denver Nuggets at Oklahoma City Thunder
02.19.2012 08:11 AM
ER Sports
Printer Friendly
Submitted by ER Sports
Denver
+8.5 at
Oklahoma City
O/U 209
Recommendation: Denver
The Nuggets will be looking forward to this match-up tonight on ESPN. Of course, it was the Thunder who broke up Denver’s sensational second half run last season. The Nuggets were overwhelmed at times during that playoff series and eventually swept. Again, you can count on George Karl and the Nuggets circling this game on their calendar as they look for playoff revenge. The Nuggets have struggled on the court of late, while losing seven of their last nine. Injuries have hampered this team, and they expect to be without Nene for this showdown. The schedule has been unforgiving for this team as you could clearly see in a few recent games there was simply little in the gas tank. Meanwhile, the Thunder have played a tough schedule as well posting a 5-3 record over their last eight games. As usual the Thunder tend to out-firepower their opposition with the combination of Kevin
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Tags:
NBA
Denver Nuggets
Oklahoma City Thunder
Erin Rynning
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Las Vegas Hotel struggles during the post-Hilton era
02.17.2012 11:50 AM
Printer Friendly
Article from the
Las Vegas Sun
on the former Hilton Hotel and Casino – now named the LVH (Las Vegas Hotel and Casino). Things aren’t looking too good these days both literally and figuratively. The name change has also caused issues with its
searchability on Google
.
"The termination of the Hilton License Agreement, coupled with the fact that the property did not have the financial resources to purchase replacement exterior signage or to initiate a new brand advertising campaign to attract leisure travelers, has had a dramatic negative impact on hotel occupancy,'' his report said. ''Dramatically lower occupancy levels have, in turn, had a negative impact on other revenue departments (i.e. gaming, food and beverage and retail).''
Johnson also reported that the 2,950-room hotel-casino on Paradise Road needs $700,000 for exterior signage to replace the Hilton signs,
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Las Vegas
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Bracket Buster Betting Preview: Valpo travels to Loyola Marymount
02.17.2012 07:09 AM
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Valparaiso
at
Loyola Marymount
-6 O/U 136.5
Bracket Buster action tips off tonight with
Valpo traveling west to face Loyola Marymount
. This is one of many potentially tricky late season non-conference game handicaps. For first place Valpo (12-4), the focus is clearly on winning the Horizon League regular season title which has a ton of importance with the top two teams receiving a bye and the top remaining seed hosting the title game. LMU may not be completely focused either which has been an issue for this team at times. The Lions are off a monumental road win at St. Mary's and have to very winnable league games left with San Diego and Santa Clara at home. They've already clinched a bye to the quarterfinals of the WCC Tournament.
“Once you get into conference season, you’re kind of in conference
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Loyola Marymount Lions
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NBA Handicapper Free Pick: Boston Celtics at Chicago Bulls
02.16.2012 11:38 AM
Teddy Covers
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Submitted by Teddy Covers
Boston
+8 at
Chicago
O/U 180.5
Recommendation: Boston
Make no mistake, right now, Chicago is not the type of team that should be laying eight points against another Eastern Conference contender without Derrick Rose in the lineup. Chicago has been on the lucky side of the schedule equation with Rose sitting out with back spasms. Rose has missed eight previous games, and Chicago is 6-2 SU, 4-4 ATS in those contests. But when the Bulls have been asked to step up in class, it’s a different story. Against other winning teams, without Rose in the lineup, the Bulls are 0-2 SU, 0-2 ATS including a four-point loss as road favorites at Boston this past weekend.
Chicago struggled defensively in that loss to the Celtics, allowing 49% shooting from the floor. They struggled defensively again versus lowly Sacramento on Tuesday, allowing the Kings to score a season high 115 points on 47% shooting. With a losing ATS mark at home this season, this price
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Boston Celtics
Chicago Bulls
Teddy Covers
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College Basketball Betting Tips: Making money on losing teams
02.16.2012 06:19 AM
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Submitted by
After cashing our 20* Big Drive ACC Game of the Year winner on Boston College Sunday, I decided to do some additional research on losing teams and a follow up from our
blog on February 13
. I searched through the top college basketball money earners and ATS winners and here are the losing teams that are producing the most profit. Just another example of how losing teams can actually make money for bettors willing to leave their comfort zone and bet on “bad” teams; especially as underdog. Note that of the top-60 college basketball teams that have produced the most profit, only seven have losing records. I’ve also included those seven teams ATS record at home and their ATS record as underdog.
College Basketball Losing Teams That Have Earned Profits
Team
SU Record
ATS Record
Home ATS
Underdog ATS
Arkansas-Little Rock
12-14
16-6
6-3
14-4
Pacific
10-15
14-7
6-4
12-3
Dartmouth
4-20
10-4-1
2-2
10-4-1
Fresno State
11-16
15-9
5-4
10-4
Boston College
8-17
12-7
4-6
12-5
Jacksonville State
11-17
13-9
2-4
10-4
UTEP
12-13
12-8-1
5-3
8-4
These losing teams have also produced profit as an underdog and rank in the top-80 of college basketball profit producing teams: Appalachian State, UC Irvine, Siena, Samford, Illinois-Chicago, and Florida International.
Plenty of losing teams that are also losing
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NBA Handicapping: Phoenix Suns start first B2B2B of the season at Golden State
02.13.2012 12:00 PM
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Phoenix
at
Golden State
-3 O/U 203
The Phoenix Suns begin the first game of their first
back-to-back-to-back
stretch of the season tonight at Golden State. They travel to Denver on Tuesday and then return home to host Atlanta. So far this season, 10 of the 17 NBA teams that played the straight games came away with a winning mark (3-0 or 2-1). The Suns are playing solid basketball of late; winners of five of seven (4-3 ATS).
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Phoenix Suns
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NCAA Basketball Gambling: Baylor tries to bounce back against Iowa State
02.13.2012 07:26 AM
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Iowa State
at
Baylor
-9 O/U 139.5
A lot of teams would be pleased to be 21-4 with their four defeats coming at the hands of Kansas and Missouri. But for Baylor, there are concerns whether this team is the real or just a product of catching the opposition off guard during the non-conference. The Bears are 8-4 in Big XII play but if we eliminate their 106-65 win over Oklahoma State back in mid-January, they've outscored the rest of their opposition but a combined two points in seven games. The "must win" feel to tonight's game against Iowa State has certainly been accounted for in what is perhaps an inflated line. Bettors may feel confident that tonight is the night for a
monster effort
but based on its current play, supporting Baylor in this price range could be risky.
“This is a huge
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Iowa State Cylcones
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College Basketball Betting: Boston College is nation's top underdog
02.13.2012 07:03 AM
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Submitted by
The Big Drive blitz continues as our top-rated selections continue to produce big profit following a pair of 20* winners with our Big Ten Game of the Month on Michigan State (+9) outright over Ohio State (58-48) and ACC Game of the Year winner on Boston College (+12.5) in their 66-65 last second loss at Virginia Tech; a game the Eagles led nearly the entire way. The Spartans snapped the Buckeyes’ 39-game home winning streak; second-longest in the nation.
Boston College entered Sunday’s ACC contest just 8-16 SU and 3-7 in conference play. They are on pace to set the school record for most losses in a season (21). The Eagles have a very young and inexperienced team with four freshman regulars. They are going through some growing pains, but despite the league’s worst scoring offense (57 ppg), the Eagles have been a solid profit-producer this season going 12-7 ATS. Yet few bettors have probably noticed or been willing to support Boston College since they are a “bad” team and can’t score much at all. Further proof that even at this stage of the season, losing teams and others can run under the radar and be real money-makers.
Along
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NBA Handicapping: The impact injuries have on the pointspread
02.13.2012 06:55 AM
Teddy Covers
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Submitted by Teddy Covers
NBA injuries are enough to drive even the savviest of NBA bettors bonkers. In this lockout shortened, condensed season, the nightly list of injuries could fill out an all-star team. I’d take my chances with a roster composed of Derrick Rose, Eric Gordon, Carmelo Anthony, Chauncey Billups, Kyrie Irving, Amare Stoudamire, Danilo Gallinari, Anderson Varejao, DJ Augustin, Zack Randolph, Andrew Bogut and Al Horford – all of whom were out of action this past weekend – against the Eastern or Western Conference All-Stars.
The NBA betting markets are overwhelmed with injury information on a nightly basis. Some of that information is important, but most of it isn’t, just random static that confuses many bettors while causing the markets to make ridiculous knee-jerk reactions. The Knicks are my prime example for this article, because no team makes the case that injury info should NOT be affecting pointspreads as much as they actually do better than Mike D’Antoni’s squad.
New York’s Carmelo Anthony has been battling a series of nagging injuries all year: first his ankle, then his wrist, and now his
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