gambling
New York (AFP) - The NBA banned Toronto Raptors forward Jontay Porter for life on Wednesday after a bombshell probe found he bet on league matches -- dubbed a "cardinal sin" by NBA commissioner Adam Silver. The league said that Porter, who spent part of his season in the NBA and part of it in the developmental G League, also shared private information on his fitness with a sports bettor and removed himself from a game to influence wagers on his own play. "There is nothing more important than protecting the integrity of NBA competition for our fans, our teams and everyone associated with our sp...
AFP
London (AFP) - Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district. Flutter, which launched a secondary US listing on Monday, said its board "believes that the New York Stock Exchange is now the optimal location for Flutter's primary listing of its shares". The firm, which is based in Dublin but currently has its main listing on the London Stock Exchange, will put the proposal to shareholders at the next annual general meeting on May 1, it said in a statement. The City of London ...
AFP
New York (AFP) - Sports broadcaster ESPN announced Tuesday it has signed a licensing deal with Penn Entertainment to create a branded sportsbook for US audiences that will launch later this year. Penn will rebrand its current sportsbook in the 16 states where it is licensed to ESPN Bet, with the change impacting its website, mobile app and retail locations. Audiences will be able to place wagers through ESPN digital products. "Our primary focus is always to serve sports fans and we know they want both betting content and the ability to place bets with less friction from within our products," E...
AFP
San Francisco (AFP) - Twitch on Wednesday announced a ban on sites that stream unlicensed roulette, dice, or slots games as the platform is hit with concerns about getting users hooked on gambling. The decision by the Amazon-owned company to tighten its policy beginning October 18 comes after a popular streamer scammed fans and peers out of money to fuel what he claimed was a gambling addiction. "Gambling content on Twitch has been a big topic of discussion in the community," Twitch, known for live streaming of video games, said in a tweet. Twitch already bans links or referral codes to sites ...
AFP
Las Vegas (AFP) - Barely a year after the Las Vegas Strip was shut down by Covid-19, its world-famous casinos have roared back to a record-breaking summer thanks to a remarkable winning streak. Nevada pocketed an all-time record $1.36 billion last month from gamblers, who are flooding back to the city nicknamed Lost Wages after months confined at home with little to spend their money on. "We weren't anticipating these type of numbers," said Michael Lawton, senior analyst for Nevada Gaming Control Board. "In Nevada, a billion dollars in gaming win is kind of a bellwether number. And we've recor...
AFP
Las Vegas (AFP) - A giant new Las Vegas casino opening Thursday is betting that receding fears of Covid-19 will bring a strong recovery in the international gambling hub. The venue, Resorts World Las Vegas, will have 3,500 hotel rooms and house a 5,000-seat theater where stars like Celine Dion and Katy Perry are scheduled to perform in the coming months. There will also be 1,400 slot machines. Developed by the Genting Group of Malaysia, the $4.3 billion project will be one of the biggest resorts ever on the Las Vegas Strip, which is home to the Bellagio, Caesars Palace and other famed casinos....
AFP
Jerusalem (AFP) - Billionaire casino magnate Sheldon Adelson, a staunch supporter of US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, was be buried in Jerusalem Friday, an AFP photographer at the cemetery said. Adelson died of cancer in the United States on Tuesday and his body arrived in Israel late Thursday, according to the Israel Hayom newspaper, founded by the Adelson family. Netanyahu met the coffin and Adelson's wife Miriam at the airport, Israel Hayom reported. Miriam Adelson, born in British mandate Palestine, is the paper's publisher. Adelson was buried in t...
AFP
Washington (AFP) - Billionaire casino magnate and donor to Republican and Jewish causes Sheldon Adelson has died of cancer, his company said on Tuesday, eliciting tributes from two of the leaders he staunchly supported, US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. The son of a Boston taxi driver, Adelson brought new heights to the gambling industry around the world. He was equally known for his tireless advocacy for Israel and right-wing causes, and for his impassioned opposition to the Palestinian cause. Adelson's death was confirmed on Tuesday by Las Vegas Sands, ...
AFP
Washington (AFP) - Casino mogul Sheldon Adelson, a major donor to the US Republican party for decades and a loyal supporter of Israel, has died, his Las Vegas Sands company said on Tuesday. He was 87. Adelson died Monday from complications related to treatment for non-Hodgkin's lymphoma, the company said, the illness that caused him to finally leave the helm of his empire last week. From humble beginnings in Boston, Adelson became one of the richest men on the planet thanks to a chain of casinos sprawling from the Las Vegas strip to the Chinese territory of Macau, with a fortune estimated at $...
AFP
Washington (AFP) - Casino mogul Sheldon Adelson, a major donor to the US Republican party for decades and a loyal supporter of Israel, has died, his Las Vegas Sands company said on Tuesday. He was 87. The cause was complications related to treatment for non-Hodgkin's lymphoma, the company said. From humble beginnings in Boston, Adelson became one of the richest men on the planet thanks to a chain of casinos sprawling from the Las Vegas strip to the Chinese territory of Macau, with a fortune estimated at $35 billion at the time of his death, according to Forbes. He put that money to work weighi...
AFP
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