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David Sheldon

David Sheldon

Happiest when playing Blackjack and Baccarat, David has been playing cards since he was old enough to pick them up. He covers news stories related to casino table games and poker and is never happier than when he has some green felt in front of him. He is an avid online gamer and has embraced gambling's move to the Internet.

Paddy Power Betfair Reports £47.5 Million Loss Due to Costs of Merger

Breon Corcoran’s Betfair Paddy Power reports operating losses

Paddy Power Betfair has reported operating losses of £47.5 million ($62.6 million) for the first half of 2016 in comparison with profits of £106.5 million ($140.5) for the corresponding period of 2015. CEO Breon Corcoran this week attributed the losses to one-off costs related to the merger between the two betting powerhouses, amounting to £195…Read More

Duterte Takes Shock U-turn on Online Gambling

Duterte flip-flops on online gambling

Philippine President Rodrigo Duterte’s hardline crackdown on online gambling took an unexpected twist this this week. On Tuesday the government’s gambling operator-regulator, PAGCOR, announced that it was prepared to license online gambling firms that targeted “non-locals” and that it was in the process of “readying application forms.” “We don’t know yet how saleable it is;…Read More

NBA Veteran Guard Jamal Crawford Adds Name to Athletes Mixed Up in Gambling Scandals

NBA veteran Jamal Crawford athletes gambling

NBA veteran Jamal Crawford is opening up about a substantial debt he endured stemming from illegal gambling following his rookie season. In a new biographical piece published in ESPN’s The Undefeated, the 16-year vet says he lost about $100,000 in a two-day span playing craps at Michael Jordan’s restaurant in Chicago. It was summertime, and…Read More

Sportradar Lands NHL Contract to Monitor Suspicious Betting Patterns

Sportradar NHL sports betting Mark Cuban

Sportradar has been hired by the National Hockey League (NHL) to monitor suspicious betting patterns on its games in Nevada and around the world. In June, the NHL became the first major sports league to approve a franchise in Las Vegas. The Sin City expansion team, whose official name, logo, colors, and uniforms are expected…Read More

Jason Chaffetz Chastises Media for Focusing on Ryan Lochte Scandal, While Ignoring Hillary Clinton Emails

Jason Chaffetz Ryan Lochte Hillary Clinton

US Rep.  and House Committee on Oversight and Government Reform Chairman Jason Chaffetz (R-Utah) is angry with a lot of things when it comes to policies and procedures. The primary advocate for the Restoration of America’s Wire Act (RAWA), the anti-online gaming measure, Chaffetz doesn’t think Americans should be permitted to gamble from the comforts…Read More

Northeast Casino Expansion Good for Dealer School Business

northeast casino expansion dealer school

Northeast casino expansion is expected to bring revenues to statehouses through taxes, add thousands of construction and permanent jobs, and prevent gaming monies from crossing into neighboring jurisdictions. Casinos are currently being built in New York and Massachusetts. And for the first licensed casino dealer school in New York, the growth is situating the enterprise…Read More

DraftKings and FanDuel Petition Nevada Gaming Policy Committee for Inclusion

DraftKings and FanDuel Nevada Gaming Policy Committee

DraftKings and FanDuel are asking the Nevada Gaming Policy Committee to consider recommending to the state legislature that a “fantasy sports license” be developed and passed. The two daily fantasy sports (DFS) leaders will present their case when the committee meets in Las Vegas on August 23. The DFS platforms ceased operations in the Silver…Read More

Alabama Lottery and Electronic Terminals Bill Fails in State Senate

Alabama lottery Governor Robert Bentley

One of just six states without a lottery, Gov. Bentley believes now is the time for the Cotton State to begin reaping the rewards of offering the games of chance. Bentley opines he’s done everything in his power to cut spending and reduce government, but says the state has a revenue problem. “It’s time we…Read More

Democratic National Convention Provides Boost For Philly Casinos

Democratic National Convention Pennsylvania casino revenue

The Democratic National Convention (DNC) held last month in Philadelphia provided a surge in gambling revenue at downtown and regional casinos. The gaming industry statewide posted a three percent gain in July compared to the same month in 2015. Revenues for table games were even stronger at 8.5 percent. Closest to the Wells Fargo Center,…Read More

Steve Wynn Won’t Back Trump

Steve Wynn Not Backing Trump

Steve Wynn will not be backing his old pal Donald Trump in the presidential elections, despite the Donald’s assertion at the Nevada caucus that Wynn was an informal adviser. But then again nor will Wynn be backing Clinton. Instead, the casino mogul, who has donated to both Republican and Democrat causes in the past, says…Read More

Trump Casinos Paid Pennies on the Dollar in Taxes After Christie Deal, Says New York Times, But Is It True?

Donald Trump casino taxes Chris Christie

Donald Trump casinos were almost $30 million behind on tax payments to the State of New Jersey while the now-GOP presidential nominee was still running Trump Entertainment Resorts, says a new report that broke on Tuesday. The New York Times says in a scathing article this week that Trump’s casinos in Atlantic City were delinquent on…Read More

Rogue Trading Sites Set up Shell Businesses in Scotland

Rogue Binary Options Sites Trade as Scottish Companies

Unregulated binary options trading sites, at which customers can lose thousands making high-risk fixed odds-bets on financial markets, are being set up in Scotland as shell companies, according to an expose by Scottish newspaper The Herald.    Despite strict financial and gambling regulations in the UK, the rogue sites are exploiting a hundred-year-old loophole in…Read More

Amaya Posts Q2 Growth, Baazov Resigns

Baazov Resigns from Amaya

David Baazov used the occasion of Amaya’s Q2 financial results announcement on Friday to offer his resignation from the company he co-founded in 2004. The besieged now-former-CEO will be replaced by Rafi Ashkenazi, who has acted as CEO during Baazov’s forced sabbatical. Baazov took leave of his duties in March, having been charged with insider…Read More

Atlantic City Casino Revenue Soars in July, Borgata Enjoys Record Month

Atlantic City casino revenue Carl Icahn

Atlantic City casino revenue jumped 6.9 percent in July compared to the same month in 2015. The city’s eight casinos still in operation pulled in $275.2 million, $17.7 million more than a year earlier. The headliner of the revenue report is the Borgata Hotel Casino, which recently became wholly owned by MGM Resorts. Atlantic City’s…Read More

North Jersey Casino Ads Heat Up as November Referendum Approaches

North Jersey casino ads Liberty Rising resort

North Jersey casino ads are making their way into homes in the Garden State. In November voters in New Jersey will decide whether Donald Trump or Hillary Clinton is best suited to lead the country as president, but also decide if it’s time to end Atlantic City’s monopoly on gambling and bring casinos north. The…Read More

Detroit Casinos Post Strong July Revenues, But Ohio Shows a Different Story

Donald Trump Detroit casinos revenue

Detroit casinos pulled in $118.5 million in revenue during July, a 9.1 percent jump compared to the month prior. The generated income represents a three percent bump on July 2015. The city’s three commercial casinos, the MGM Grand Detroit, MotorCity Casino Hotel, and Greektown Casino Hotel, collectively paid $9.6 million in taxes to the state,…Read More

William Hill Rejects £3.6 Billion 888 and Rank Acquisition Bid

William Hill COE Gareth Davies Rejects accquisition bid

Bookmaker William Hill has reportedly rejected a joint takeover bid by 888 Holdings and the Rank Group that would value the company at £3.6 billion ($4.7 billion). Two weeks ago, news broke that 888 and Rank had formed a consortium, with an eye to engineering a reverse takeover of Britain’s biggest bookmaker. The expected bid…Read More

Bookies Slash Premier League Outsider Odds after Leicester City Headache

Bookies slash odds on EPL outsiders, as well as Mahrez, Vardy, et al

With the start of the English Premier League just days away, anyone looking for odds of 5001-1 on this one would be better off speculating on the chances of Elvis Presley turning up alive this year. Those were the odds that many bookmakers were famously offering on incumbent champions Leicester City to win the EPL…Read More

Israel to Ban Slots and Horse Race Betting

Moshe Kahlon in Israel slots and horse betting ban

Israel’s notoriously strict gambling laws are about to get even tougher, with the sudden prohibition of betting on horseracing and slot machines. Finance Minister Moshe Kahlon and Justice Ministry Director General Emi Palmor announced in a press conference this week that the country would be putting an end to both forms of gambling as well…Read More

Hillary Clinton Campaigns Through Nevada, Condemning Donald Trump

Hillary Clinton stumps in Nevada

Hillary Clinton doesn’t believe her GOP opponent Donald Trump is competent enough to assume the Oval Office. The Democratic presidential nominee made two stops this week in the all-important swing state of Nevada, where she spent a substantial amount of her time decrying Trump’s business record and general disposition. Appearing before a Las Vegas crowd…Read More

Illinois Casinos Lose $51 Million Settlement Stemming From Former Governor Rod Blagojevich Case

Illinois casinos corruption Governor Rod Blagojevich

Illinois casinos lost $51 million this week, but not at the hands of a hot streak from gamblers. Instead, the Seventh Circuit Court of Appeals in Chicago is responsible for the mammoth take. It all stems from one of Illinois’ most infamous politicians, former Governor Rod Blagojevich (D). The impeached politician convicted of soliciting bribes…Read More

Caesars Entertainment Bankruptcy Drags Q2 Results $2 Billion into the Red

Caesars Entertainment’s Mark Frissora reports revenue growth

Caesars Entertainment has reported losses of over $2 billion for the three months ending 30 June, mainly as a result of the bankruptcy of its main operating unit Caesars Entertainment Operating Co (CEOC). It’s a sharp contrast from the same period last year Caesars Entertainment Corp actually posted a profit, and revenues returned to pre-financial…Read More

Anonymous Attacks Billionaire Czech Finance Minister over Online Gambling Laws

Andrej Babis attacked by Anonymous over online gambling.

Anonymous, the left-wing “hacktivist” collective, attacked online divisions of the food and agriculture empire belonging to Andrej Babis, the billionaire Czech finance minister and deputy prime minister, this week, in protests over the country’s new online gambling laws. Specifically, Anonymous was targeting internet censorship, as the Czech Republic’s new gambling regime, introduced at the end of…Read More

FanDuel Adopts Complete Branding Overhaul

FanDuel Rebrand

FanDuel surprised its customers with a major rebrand this week. The daily fantasy sports giant has kicked the sloping white-on-black cursive into touch. In its place is a modern, clean, all-caps logo, and a new company color scheme; blues and whites, completely unrecognizable from its predecessor. The brand now employs a new motif, too, a…Read More

Counter-Strike Should be Classed as Gambling, says Aussie Pol 

Xenophon to crack down on skin betting.

Australian Senator Nick Xenophon is a longtime antagonist of the gambling industry and now he has Counter-Strike skin-betting firmly in his sights. Xenophon announced this week that he intends to introduce a bill to parliament when it resumes next month that would classify games like Counter-Strike as gambling, pure and simple. He told the Sydney…Read More