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Friday, February 11, 2022
Thursday, February 10, 2022
Media Man News Blog: 31M Americans to Bet on Super Bowl, Gambling Group Estimates
31M Americans to Bet on Super Bowl, Gambling Group Estimates
ATLANTIC CITY, N.J. (AP) — A record 31.5 million Americans plan to bet on this year’s Super Bowl, according to estimates released Tuesday by the gambling industry’s national trade group.
The American Gaming Association forecasts that over $7.6 billion will be wagered on pro football’s championship game set for Sunday.
Both the amount of people planning to bet (up 35% from last year) and the estimated amount of money being bet (up 78% from last year) are new records.
Bettors include people making casual wagers with friends or relatives, entries into office pools, wagers with licensed sportsbooks, and bets placed with illegal bookmakers.
“Americans have never been more interested in legal sports wagering,” said Bill Miller, the group’s president and CEO. “The growth of legal options across the country not only protects fans and the integrity of games and bets, but also puts illegal operators on notice that their time is limited.”
When the Los Angeles Rams and Cincinnati Bengals begin the game Sunday evening in the Rams home stadium, 30 states plus Washington D.C. will offer legal gambling.
Since last year’s game, 45 million additional people will be able to bet on the Super Bowl because their states have legalized sports betting over the past year: Arizona, Connecticut, Louisiana, Maryland, North Carolina, North Dakota, South Dakota, Washington, Wisconsin, and Wyoming.
The association predicted that:
— 18.2 million American adults will place traditional sports wagers online, at a retail sportsbook or with a bookie, up 78% from 2021.
— 18.5 million plan to bet casually with friends or as part of a pool or squares contest, up 23%. The association said there is some overlap among those two groups.
— 76% say it is important for themselves to bet through a legal operator, up 11% from last year.
— 55% plan to bet on the Rams, with 45% backing the Bengals. That contradicts data from numerous individual legal sportsbooks that shows more bets and total money being wagered on Cincinnati thus far.
FanDuel, the official odds provider for The Associated Press, says 59% of spread bets are on Cincinnati to cover the 4-point spread as an underdog. Among moneyline bets that do not involve a points spread, 76% of bets predict the Bengals will win the game outright. Other sportsbooks report similar breakdowns on bets received thus far.
The Super Bowl is also one of the most perilous times of year for people with a gambling problem.
Harry Levant, a public health advocate from Philadelphia and a recovering gambling addict, is an official with the group Stop Predatory Gambling. He said the ongoing wave of sports betting advertising, and numerous incentives to get people to bet, is reminiscent of the tobacco industry’s efforts to get people to smoke and continue to do so.
He said legal sports betting is increasing a public health crisis in America involving problem gambling.
“One out of two people struggling with a gambling problem contemplates suicide, and one out of five will attempt suicide,” he said. “I am one of those one out of five.”
Levant said the rapid rise of in-game betting feeds into a compulsive gambler’s desire for more and faster opportunities to bet.
“No longer is gambling limited to who’s going to win the game,” he said. “Now gambling is on every play. Keep them gambling, keep chasing action.”
There is a national help line for people with a gambling problem, or who think they might have one: 1-800-GAMBLER.
Wednesday, February 09, 2022
Tuesday, February 08, 2022
Media Man News Blog: Wrestling and combat sports news update via Media Man
Wrestling and combat sports news update via Media Man
The Apprentice: ONE Championship Edition | Official Trailer
Ric Flair, Eric Bischoff, & More Announced For WrestleCon 2022
Vince McMahon already has two big matches planned for ‘biggest WWE WrestleMania ever’ in 2023
Tony Khan: I Plan To Make More Big Signings, The Forbidden Door Will Open Again Soon
John Cena Twitter posts inspirational and provide wisdom says Media Man agency
RVD CBD wins Media Man 'CBD Of The Month' Award
Joe Rogan Responds to Viral Clip Showing Him Use N-Word, Calls It “Regretful and Shameful”
How UFC Got Social Media Right; WWE taking the fight online via social media and people power
Bruce Lee wins Media Man 'Legend Of The Month' award
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Media Man News Blog: Man Located After Leaving Vegas Not Knowing He Won Jackpot
Man Located After Leaving Vegas Not Knowing He Won Jackpot
LAS VEGAS (AP) — Nevada gambling regulators say their investigation tracked down an Arizona man who left Las Vegas after a visit last month not knowing he’d won a $229,368 slot machine jackpot.
The machine being played by Robert Taylor malfunctioned due to a “communication error” and neither he nor the Treasure Island Hotel & Casino realized that he’d won a progressive jackpot the evening of Jan. 8, the Nevada Gaming Control Board said Friday in a statement.
The jackpot was confirmed later after a review but Taylor had returned to Arizona by then and the casino was unable to identify him, the board’s statement said.
The board said it then began an investigation and eventually identified Taylor after two weeks of checking surveillance video, conducting witness interviews, studying electronic purchase records and reviewing ride-sharing data.
According to the board, it was important to locate Taylor to ensure he received what was owed to him and to maintain public trust in the casino industry.
Taylor, whose hometown was not released, was notified of his jackpot on Jan. 28 and he planned to collect at the casino this weekend, the board said.
Casino representatives did not immediately respond to a message from The Associated Press seeking additional information.
Saturday, February 05, 2022
Friday, February 04, 2022
MGM Resorts, BetMGM and The National Hockey League Announce Partnership Extension
MGM Resorts, BetMGM and The National Hockey League Announce Partnership Extension
LAS VEGAS, Feb. 3, 2022 -- MGM Resorts International, BetMGM, a leading sports betting and digital gaming operator, and the National Hockey League (NHL) today announced a multi-year extension of their groundbreaking partnership. The news comes as MGM Resorts, which operates T-Mobile Arena, prepares to host Honda NHL® All-Star Weekend festivities in Las Vegas Feb. 4-5. Several special events will take place at MGM Resorts’ iconic properties along the Las Vegas Strip as well.
As an official sports betting and resort partner of the NHL, BetMGM and MGM Resorts will continue using NHL brands to enhance the experience for both customers and guests. BetMGM and MGM Resorts will continue to be integrated into the NHL’s jewel events, with camera-visible signage and on-site activation opportunities. Additionally, BetMGM and MGM Resorts will maintain the ability to reach hockey fans through communications to subscribers from the NHL’s fan database.
“We are thrilled to renew our partnership with MGM Resorts and BetMGM,” said Evin Dobson, NHL Group Vice President, Partnership Marketing. “Our extension enables us to continue to work together on delivering innovative content programming to connect with our passionate fans. We look forward to continuing to grow our relationship with MGM Resorts and BetMGM and collaborate on new opportunities for fan engagement.”
Lance Evans, Senior Vice President, Sports & Sponsorships, MGM Resorts, said, “Our partnership with the NHL has been a tremendous success, allowing us to provide guests and hockey fans with unparalleled access to their favorite teams. Alongside BetMGM, we remain committed to helping the League grow its audience, while offering fans new and entertaining experiences.”
BetMGM Chief Executive Officer Adam Greenblatt added, “This collaboration allows BetMGM to deliver the best-in-class hockey product, including a wide-variety of NHL wagering options. We will continue to work with the League to reach new fans, as we expand into new markets.”
BetMGM, MGM Resorts and the NHL share the priority of encouraging responsible gaming activity. All three are official partners of the American Gaming Association’s Have A Game Plan.® Bet Responsibly.™ public service campaign to educate new and seasoned bettors on responsible sports wagering.
Tuesday, February 01, 2022
Monday, January 31, 2022
Saturday, January 29, 2022
Seminole Hard Rock Hotel & Casino Hollywood Announces Winners of 2022 Lucky Hearts Poker Open
Seminole Hard Rock Hotel & Casino Hollywood Announces Winners of 2022 Lucky Hearts Poker Open
Hollywood, Fla. (Jan. 28, 2022) – Seminole Hard Rock Hotel & Casino Hollywood concluded its 2022 Lucky Hearts Poker Open (LHPO) on Wednesday with the second biggest World Poker Tour (WPT) live field in its history. Besting 1,982 entries in the WPT LHPO Championship, Alexander Yen of Indianapolis, Ind. made history by winning $975,240.
“It feels absolutely incredible,” said Yen. “I’ve never won a live tournament before. I don’t even think I’ve won online, so this is a pretty unreal feeling.”
The $3,500 WPT LHPO finale boasted a final prize pool of more than $6.3 million, easily exceeding the $2 million guarantee. The last 248 spots were paid $6,275 for a min-cash.
Championship Final Table Results:
1st: Alexander Yen Indianapolis, Ind. $975,240
2nd: Anton Wigg Stockholm, Sweeden $650,180
3rd: Daniel Lazrus Long Island, N.Y. $482,380
4th: Nicholas Verderamo Baltimore, Md. $361,130
5th: Josh Kay Delray Beach, Fla. $272,830
6th: Omar Lakhdari Paris, France $208,025
The 33-event LHPO kicked off on Thursday, Jan. 13 with the $600 Deep Stack No Limit Hold’em (NLH) opener. With a state record of 4,960 entries, the event more than doubled the $1 million guaranteed, creating a total prize pool of more than $2.5 million. Farid Jattin Miami, Fla. won the opener earning $306,832 after a heads-up deal with second place finisher Dustin Nelson Tallahassee, Fla.
Other signature event winners include:
Jonathan Jaffe Plantation, Fla. winning the $25,500 High Roller NLH (Re-Entry) for $574,085
James Romero Wilsonville, Ore. winning the $2,200 Deep Stack NLH (Re-Entry) for $167,285
Taylor Von Kriegenbergh Jersey City, N.J. winning the $5,000 Deep Stack NLH (Re-Entry) for $220,495
Poker Action will return to Seminole Hard Rock Hollywood with Seminole Hard Rock Poker Showdown March 24 – April 12, 2022, headlined by the $400 Deep Stack NLH series opener with a $500,000 guarantee and the $3,500 WPT Poker Showdown Championship boasting a $3 million guarantee.
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Tuesday, January 25, 2022
Saturday, January 22, 2022
Wednesday, January 19, 2022
Casinos Of The World...
World Directory Global Gaming Directory World Casino Directory
Punters, here's 10 of the world's top land based casinos for you to mark down in your travel plans.
Monte Carlo, Monaco: Perched above the Mediterranean and bounded by the French
and Italian coastlines on either side, Monaco provides a spectacular and luxurious setting for the wealthy and the wannabees. Home to the Monaco Grand Prix and the legendary Casino de Monte Carlo, this isn't the place for those on a tight budget. The magnificent Casino hosts the annual European Poker Tour and was also the scene of several James Bond Films, including the original "Casino Royale" and "Golden Eye".
Paradise Island, Bahamas: Located just off the shore of the city of Nassau, Paradise
Island is best known for its sprawling 'Vegas-by-the-sea' resort, Atlantis. The resort spans seven acres along a lagoon, where guests can soak up the Caribbean sun and choose from a variety of outdoor gaming areas. When in need of a break from the tables, guests can enjoy the private beach or one of the resorts 20 sunlit pools.
Melbourne, Australia: As Australia's sporting and entertainment capital, Melbourne
offers the perfect option for high rollers looking for a local break. Aussies need look no further than Crown Casino on the southern bank of the Yarra River, which is one of the largest casino complexes in the southern hemisphere. The main gambling floor stretches more than half a kilometre and the casino was the first to introduce the new game Rapid Roulette, which allows players to place bets on a personal electronic touch screen connected to a central roulette wheel.
Macau, China: Known as the 'Monte Carlo of the Orient,' and the gambling capital of Asia, Macau now rivals Monaco and Las Vegas as one of the premier gambling destinations in the world. With no less than 33 casinos, in addition to local horse and greyhound racing venues, Macau is perfect for the betting junkie. The Wynn Macau casino is a standout, highlighted by 24-carat gold 'Tree of Prosperity' at the entrance, extravagant water displays and Moon Jellyfish Aquarium at reception.
Baden-Baden, Germany: Situated on the western foothills of the Black Forest and on the banks of the Oos River, Baden-Baden is not your typical casino town. However, in addition to its hot springs and picturesque countryside, the town is also known for its 200-year-old 'Spielbank' casino - the oldest of its type in Germany. With French chateau-style salons rooms named after historical figures such as Madame Pompadour and Louis XV's mistress, the quirky casino provides visitors with a very unique gaming experience.
Las Vegas, United States: With over 1700 licensed casinos in operation, Las Vegas offers the ultimate package for travellers who fancy a flutter. A visit to the famous 'Strip' is a must for any player, whether they're looking for a spin on the roulette table or a game of blackjack - this city has it all. The iconic Caesar's Palace hotel and casino offers 129,000 square feet of casino space plus an endless smorgasbord of entertainment, shopping and fine dining options, including Cleopatra's barge, a floating lounge perfect for a relaxing drink after a jam-packed night on the casino floor.
Manila, The Philippines: With a favourable exchange rate, Manila provides great value for Aussies wanting to live the high-life overseas. The city offers a range of shopping and entertainment options, along with a world-class casino at the Hyatt Hotel. Spread across three levels, the sparkling casino offers the newest in gaming facilities for both hotel guests and visitors, and is just a short distance from Manila's tourist hub.
Sun City, South Africa: Known as 'Africa's Kingdom of Pleasure,' this luxury resort and casino complex, just two hours from Johannesburg, boasts two large casinos, two 18-hole golf courses and a wildlife reserve. At the extravagant yet picturesque Palace of the Lost City, guests are treated to stunning valley views from the guestrooms, along with exclusive access to the Grand Pool. The nearby Sun City Casino is the entertainment Mecca of the resort, featuring a myriad of gaming options as well as an indoor jungle of native foliage and water fountains.
Atlantic City, United States: Regarded as the US's 'Las Vegas of the East', Atlantic City in New Jersey is renowned for its gambling, shopping and fine dining. Towering above the banks of the Atlantic Ocean, the Trump Taj Mahal casino is an icon of the city, with an on-site shopping district and an abundance of restaurants and bars. The 157,000 square-foot casino is also hard to miss, with 3,500 slot machines and 200 table games. Unveiled in 1990 by a number of celebrities, including the late Michael Jackson, the casino is the second-largest in Atlantic City and well worth a visit.
Genting Highlands, Malaysia: Nestled on the Titiwangsa mountain range, just an hour's drive from Kuala Lumpur and 6,000 feet above sea level, the Resorts World Genting offers 360-degree views of the surrounding countryside. This spectacular resort has first-class accommodation, dining and entertainment, while avoiding the hustle and bustle of a capital city. The on-site casino, which covers 200,000 square feet, is Malaysia's sole gaming venue and is divided into separate themed areas, such as Hollywood and Monte Carlo, for the ultimate gambling experience.
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Tuesday, January 18, 2022
Monday, January 17, 2022
Media Man News Blog: Media Man news, pop culture, entertainment and business news update
Looking 4 Larry Agency wins Media Man 'Agency Of The Month'
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Saturday, January 15, 2022
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Media Man News Blog: New York 51% tax on Sports Betting
New York 51% tax on Sports Betting
Read all about it...
New York became the largest US state to embrace online sports betting but the high tax rate makes it close to impossible to compete.
The betting companies operating in the Empire State include DraftKings, FanDuel, Caesars Sportsbook, and Rush Street Interactive.
That'll make it harder for operators to profit off their customer bases in the state, Jason Ader, CEO of SpringOwl Asset Management and 26 Capital Acquisition Corp, tells MSN News.
"Everybody wants to be in New York because it's a trophy market in terms of the size of the state and its importance, but the tax rate is really prohibitive," Ader said. "It's very hard to make money in sports betting. Put 51% tax rate on it and it's maybe a bit more like a fool's gold rush than a gold rush."
As far as players go, these taxes will likely be passed down in the form of less attractive lines, bonuses and cashout fees. In the early months, companies may seek to reduce the affect on customers. These companies will also report all winnings to the IRS, something offshore sportsbooks and local bookies do not do.
Some websites licensed outside the state in offshore jurisdictions continue to do business in New York. Many, like Bovada, BetOnline and BetAdrian, have pulled out of that market.
Wednesday, January 12, 2022
Bloomberg: Bitcoin Death Cross Is Staring Down Bulls After a Painful Retreat - 11th January 2022
Bloomberg: Bitcoin Death Cross Is Staring Down Bulls After a Painful Retreat
Bitcoin, the most popular means to send and receive funds within online gambling restrictive markets, has seen its price tumble in recent weeks.
The price of Bitcoin was up nearly 2% Tuesday late morning in the US to $42,486.90.
Bloomberg warned of crypto being mired in a drawdown as the Fed readies a stimulus withdrawal and the IMF issued its latest warning on crypto risk to financial markets.
From Bloomberg:
After one of roughest patches ever for Bitcoin enthusiasts, holders of the largest digital currency are facing an ominous technical price pattern with a name that suggests more pain ahead.
Known as a death cross, the measure shows up whenever an asset’s average price over the last 50 days drops below that of its 200-day moving average, an indication that its momentum is headed downward. And though it hasn’t occurred yet for Bitcoin, it looks to be on course to hit it later this week, according to Mati Greenspan, founder of Quantum Economics.
The latest dropoff among digital assets comes as policy makers look to commence a series of rate hikes as soon as March.
That indicator is supposed to be bearish but Bitcoin’s track record around death-cross formations remains murky, according to Bloomberg.
Then there's perhaps an even bigger concern that the International Monetary Fund has warned of parallels between cryptocurrency price moves and the stock market posing a risk to financial markets.
From Bloomberg News:
Analysts have long noted that Bitcoin -- and, therefore, other cryptocurrencies -- tend to move in tandem with stocks. Lately, that relationship has strengthened. Both have been volatile recently amid signs that the Federal Reserve was comfortable withdrawing stimulus at a faster pace than previously anticipated.
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