DraftKings and FanDuel Agree with NCAA to Suspend Amateur and College Sports Contests

DraftKings and FanDuel Agree with NCAA to Suspend Amateur and College Sports Contests

No more March Madness: DraftKings and FanDuel have agreed to suspend the offering of DFS contests on NCAA games.

While the 2016 Men’s NCAA National Championship ended in spellbinding drama yesterday and Kris Jenkins’ sizzling, match-winning shot in the final micro-second of the blew our tiny small minds, this is most likely the a year ago ever that fans will be able to ramp up the enjoyment of March Madness through DFS contests.

Both DraftKings and FanDuel have voluntarily agreed this week to close the drafts on college-level and sports that are amateur. This follows exactly what a FanDuel spokesperson described as ‘months of productive conversations’ with the NCAA, as well as state legislators, during which both companies heard their concerns about the impact of fantasy activities on college-level and amateur athletics.

Both Indiana and Virginia, which this present year became the first states to regulate DFS in america, included provisions inside their legislation that the contests must not be based on college tournaments.

‘It is obvious that this is an issue that things to a number of constituencies and we feel that the best path forward is to suspend offering these contests pending quality in the issue within state legislatures,’ stated FanDuel.

‘We supported all of these efforts, and going ahead we will actively support bills containing the provisions that are same. We are happy Continue reading “DraftKings and FanDuel Agree with NCAA to Suspend Amateur and College Sports Contests”

Macau Visitor Arrivals Up Over Five Percentage Through First Half 2017

Macau Visitor Arrivals Up Over Five Percentage Through First Half 2017

Macau welcomed more than 15 million visitors between January and June 2017, a 5.4 % gain compared to visitor figures for the first half of 2016. Better yet for Macau tourism interests, significantly more than eight million remained immediately, a 13 % year-over-year increase.

Macau visitor arrivals by atmosphere, land, and sea are traveling to more heights that are respectable.

The information furnished by the Macau Statistics and Census Service offered a strong report for the Chinese casino enclave. Incoming arrivals from Mainland China are also up for the first half of 2017, with 10.3 million Chinese citizens venturing to Macau so far this season.

These figures offer promising numbers as casino resorts continue to concentrate more heavily on appealing towards the masses of low- and mid-stakes customers instead of catering solely to VIP rollers that are high.

Macau’s cap ability to attract new visitors has led to an influx in gaming revenue. Casinos in the world’s gambling hub that is richest won $2.50 billion in June, the market’s 11th straight month in the black. Year-to-date video gaming income is outpacing 2016 by more than 17 percent.

Holiday Roads

After three many years of decreasing gaming income, Macau kicked off its 2017 campaign with a busy Chinese New Year. The day observes the newest moon of the traditional lunisolar Chinese calendar, which was January 28 in 2017, it is commonly celebrated Continue reading “Macau Visitor Arrivals Up Over Five Percentage Through First Half 2017”

DraftKings, FanDuel Jettison Merger Plans, Back Off From FTC Challenge

DraftKings, FanDuel Jettison Merger Plans, Back Off From FTC Challenge

Joint rulers for the day-to-day fantasy activities (DFS) market DraftKings and FanDuel have walked away from a proposed merger of equals, less compared to a month following the Federal Trade Commission (FTC) moved to block the deal on grounds of antitrust ‘fair competition’ problems.

The deal’s off: DraftKing’s Jason Robins (left) and FanDuel’s Nigel Eccles announced on Thursday that their companies would be going it alone, calling off a prospective FTC fight in the grounds of antitrust violations. (Image: Reuters)

The 2 companies announced the termination of the tie-up on Thursday, just days after they’d each filed legal briefs to a district that is federal, vigorously defending the merger.

But with both companies already fighting legal actions on several fronts, it appeared as if another expensive and possibly doomed appropriate battle lay ahead. A source told ESPN that accepting the FTC would cost some $ likely12 to $15 million.

Money Worries

Ironically, consolidation would have dramatically cut the amount of appropriate and lobbying costs the two organizations invest fighting for legal DFS in states across the united states. It might also take away the expenses associated with trying to out-market each other.

The failure of the deal leaves both in precarious financial positions, as neither has ever been profitable. Papers related to the merger leaked last month revealed that DraftKings has lost a s Continue reading “DraftKings, FanDuel Jettison Merger Plans, Back Off From FTC Challenge”

NFL Betting: Top Five Games For 6. week

NFL Betting: Top Five Games For 6. week
Week 5 regarding the NFL season offered us a lot more than anybody expected including a early candidate for the overall Game regarding the Year, some surprising upsets, unanticipated blowouts and monster fantasy shows. What’s in store for 6? Let us take a closer look at the top games of the week week.

Carolina Panthers vs. Tampa Bay Buccaneers

Chances: Panthers -2.5

Unlike the other day as soon as the Chicago Bears and Oakland Raiders didn’t kick down until 1 p.m. ET, the NFL has planned the NFC South showdown between the Panthers and Buccaneers for 9:30 a.m. ET. That will give football fans getting out of bed early a chance to enjoy two of the very most explosive offenses in the NFL get head-to-head. Carolina’s attack was rejuvenated with Kyle Allen at quarterback, going 3-0 under their back-up. Whilst the offense runs through running back Christian McCaffrey, the NFL leader in scrimmage yards, a healthier Allen has provided simply enough for the Panthers to appear to be a entirely different team than they did with a clearly injured Cam Newton in the lineup. Can they keep it going against the unpredictable Bucs?

Houston Texans @ Kansas City Chiefs

Odds: Chiefs -5.5

Coming down their first loss of the season, Patrick Mahomes and also the Chiefs will welcome Deshaun Watson while the Texans to town for a matchup of two of the very exciting and talented quarterbacks into the NFL. The biggest concern heading in to this matchup is how limited Continue reading “NFL Betting: Top Five Games For 6. week”

Casino News: The Buffalo Bills would be the latest NFL team to get casino sponsor

Casino News: The Buffalo Bills would be the latest NFL team to get casino sponsor

This week’s casino news begins with income numbers from the continuing state of Maryland. Gambling is alive and well into the Old Line State as they just produced their month that is fourth-best ever.

Maryland Casinos Enroll One Of Their Best Months Ever In August

The casino industry within the Terrapin state is totally thriving. The latest report recommends that Maryland casinos delivered record figures in the thirty days of August.

This week, income numbers had been released and Maryland’s gambling enterprises registered its fourth-best gaming that is monthly numbers ever. According to a report that is recent the state’s six casinos reported their video gaming revenue numbers at $154.3 million for the thirty days of August, which will be up 5.4% from that time this past year. While Baltimore’s Horseshoe Casino struggled to get on the trend, the other five casinos absolutely thrived including the MGM National Harbor, which accounted for a ridiculous 40% for the state’s total gaming revenue figures. In fact, the MGM nationwide Harbor took in a total of $62.4 million, which is a rise of 7% from the same time last year.

The second-largest casino in Maryland, the Live! Casino & Hotel pulled in just over $53 million in gaming revenues. That number represents a 12.7% increase from the time that is same year ago.

In terms of how the state is spending their gains, $63.3 million for the gaming that i Continue reading “Casino News: The Buffalo Bills would be the latest NFL team to get casino sponsor”