Daily fantasy sports (DFS) operator PrizePicks has been ordered to pay $15m to New York’s gaming commission after operating without a license.
According to a document signed by the New York State Gaming Commission (NYSGC) and PrizePicks, the operator had violated the law for years. The amount PrizePicks needs to pay is based on how much the company generated through its contests from June 4, 2019 to December 19, 2023.
operated in New York in a good-faith belief that it had the ability to do so”
On top of the monetary penalty, PrizePicks has agreed to end its real money contests. A spokesperson for the operator states that it “operated in New York in a good-faith belief that it had the ability to do so.”
However, a spokesperson for the NYSGC said that the settlement agreement “[spoke] for itself.”
PrizePicks wants changes to the law
Despite having to pay the $15m and cease its contests to New York players, PrizePicks can still apply for a license. Understandably, the company will now apply for one so that it can continue offering its product to people in the Big Apple.
will work constructively with policymakers on thoughtful legislation”
Speaking of its intentions, a spokesperson said they “…will work constructively with policymakers on thoughtful legislation that allows New Yorkers to play the contests they love, ensure strong consumer safeguards, and generates tax revenue for the state.”
The PrizePicks comments come at a time when lawmakers are taking a hard line against DFS betting.
In October, PrizePicks, Underdog Fantasy, and Betr had been banned in several US states. Based on a lack of consensus on whether pick’em fantasy sports are sports betting or games of skill, platforms such as DraftKings and FanDuel asked for clarity on the future of such offerings.
Previous trouble in Florida
The previous month, PrizePicks, Underdog Fantasy, and Betr received cease and desist letters from the Florida Gaming Control Commission (FGCC).
According to the FGCC, their position on DFS and pick’em games is that they are illegal. Sharing correspondence on X, CEO of Underdog Jeremy Levine wrote: “…. they are saying that all paid fantasy violates FL law in their view, including our season-long, daily drafts, and pick’em games.”
PrizePicks claims that it was a “smear campaign” and that “larger competitors” have spread misinformation to US regulators which has “driven inaccurate understandings of our contests and the laws governing them.”
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Para muchos, el amor está en el aire este mes. Sin embargo, puede ser difícil sentir amor por los demás si primero no te amas a ti mismo, sin importar la ocasión. Esto es especialmente cierto para alguien que vive con una pareja o un familiar que está sufriendo por un problema de juego. En la adicción, la persona que lucha con el alcohol, las drogas o el juego problemático puede quitar cualquier sentimiento de amor a través de sus comportamientos. Cuando tú, el ser querido, pierdes conexión con tus valores y creencias en el proceso, también comienzas a comportarte de maneras que van en contra de estos principios. ¡Puedes perder tu autovalor y autoestima como resultado!
Cuando estás involucrado en una relación con alguien adicto al juego, es muy fácil olvidarte de ti mismo mientras siempre pones a la otra persona primero, con la esperanza de que ayude a la situación. ¡Esto nunca funciona! Solo refuerza el comportamiento destructivo y adictivo y no ayuda en absoluto ni a ti ni a la relación. Tienes que ayudarte a ti mismo antes de poder ayudar a los demás.
Lo que yace detrás de nosotros y lo que yace delante son asuntos pequeños en comparación con lo que yace dentro de nosotros.
Ralph Waldo Emerson
El autovalor es un reflejo de cómo te tratas a ti mismo. La autoestima refleja cómo te sientes contigo mismo. Hay tres formas de ver el yo:
Auto-ideal: Quién nos gustaría ser o convertirnos.
Auto-imagen: La forma en que nos vemos a nosotros mismos o nuestro comportamiento.
Auto-estima: Cómo nos sentimos acerca de nosotros mismos, nuestras habilidades y nuestro autovalor.
Nuestra autoestima comienza temprano después del nacimiento al igual que nuestros sistemas de valores y creencias. Es creado por nuestro entorno y lo que creemos que otros dicen sobre nosotros es verdad. En otras palabras, cómo somos criados puede influir en que tengamos una autoestima alta o baja. Aquí hay algunas posibles causas de una baja autoestima:
Padres excesivamente críticos
Sobreprotección de los padres
Experiencia de abuso físico, sexual, emocional o verbal
Sufrir los impactos de la adicción, como al juego, al alcohol o a las drogas
Negligencia de los padres
Rechazo de los padres
Interacciones con cualquier otra figura de autoridad no solidaria
Todas estas tienen el poder de dar forma a nuestras relaciones y diálogos internos (o pensamientos recurrentes sobre el yo) a medida que envejecemos. El diálogo interno negativo puede ser persistente y acumularse con el tiempo. Muchos escuchan pensamientos como estos y otros en repetición sin confrontarlos nunca:
“No soy digno de amor”
“Nunca seré bueno en nada”
“No merezco una buena relación”
Ninguna de estas cosas es cierta. ¡Es importante romper tu zona de confort, desafiar estos pensamientos negativos y asegurarte a ti mismo que mereces todas las cosas buenas que puedes obtener en tu vida de los demás, como confianza, respeto, amor y compasión!
Secreto de San Valentín: Ámate a Ti Mismo Primero
Solo después de aprender a amarte a ti mismo sabrás cómo esperarlo y recibirlo de los demás. En el Día de San Valentín y todos los días del año, MERECES SER AMADO. La próxima vez que una de esas ideas negativas venga a tu mente, recuerda desafiarla en voz alta o escribir en un diario para ayudar a internalizar una reflexión positiva sobre ti mismo: “No, ¡eso no es cierto! ¡No soy perezoso! Trabajo todos los días y cuido del hogar.”
La ayuda confidencial y multilingüe y la esperanza para el juego problemático están disponibles las 24 horas en la Florida, tanto para los seres queridos como para los jugadores. Llama o envía un mensaje de texto al 888-ADMIT-IT ahora si tú o alguien que conoces lo necesita. La Línea de Ayuda también se puede contactar a través de chat en vivo en gamblinghelp.org, enviando un correo electrónico a [email protected], con la aplicación móvil 888-ADMIT-IT, o conectándose con el Consejo de Juego Compulsivo de la Florida en las redes sociales.
Marzo es el Mes de Concientización sobre el Juego Problemático (PGAM, por sus siglas en inglés). El tema de este año es ¡Ilumina el Problema del Juego Problemático: 888-ADMIT-IT Llena los Espacios en Blanco! Si tú o alguien que conoces están buscando respuestas a preguntas dejadas por la adicción al juego, la ayuda y la esperanza siempre están disponibles. Obtén más información en problemgamblingawarenessmonth.org y comparte esta importante campaña.
NetBet Italy, a leading operator of online casino and slot games in the Italian market, partners with the reputable content provider Espresso Games to bring its innovative content to the growing Italian online gambling community. The partnership will launch the provider’s unique portfolio on the NetBet Italy platform to expand the operator’s offerings. At the same time, the deal will help Espresso Games to extend its reach in the regulated Italian market.
Cutting-Edge Content Supply
Espresso Games has been improving its in-house software development capabilities and competencies since the foundation to become one of the leading providers of the cutting-edge gaming experience. The latest content supply deal will enable the Italian customers to get acquainted and prospectively accustomed to the supplier’s outstanding portfolio of titles employing high-end solutions to offer an immersive game play and the unique gaming feel.
Increasing Italian Foothold
The supplier is committed to gaming excellence and thrives for continuous improvement of its development practices and solutions. Its innovative approach drives the industry to constantly seek for improvements across technology and content to meet the most selective customer requirements. The content supply deal with the renowned Italian online casino corporation represents another chance for Espresso Games to increase its foothold in Italy.
Such a commitment is completely in line with the NetBet Italy business principles. The operator exclusively partners with industry leaders to secure a wide range of high-quality games to its players at all times. Therefore the partnership with Espresso Games represents an excellent opportunity for NetBet Italy to expand its platform’s offerings and include another industry-leading provider into the supplier portfolio.
Win-Win Partnership
The content supply deal will enable NetBet Italy to access Espresso Games’ library and source the popular titles like Apple Temptation, Rooster Booster, Angel or Joker, and more. The partners’ commitment to quality and customer satisfaction is set to make the latest deal a win-win situation.
Commenting on the deal, Claudia Georgevici, PR manager at NetBet Italy, said: “We are delighted to welcome Espresso Games to the NetBet Italy family. Espresso Games’ innovative approach to gaming aligns perfectly with our commitment to delivering top-notch entertainment to our players. We are eager to introduce our Italian players to Espresso Games’ exceptional titles and look forward to a fruitful partnership.”
Tiziana Cannizzaro, Italian Commercial Director at Espresso Games, added: “We are excited to collaborate with NetBet which is a brand of great fame in the world and with a high potential in the Italian market. This partnership will allow Espresso Games to conquer a new network of players in Italy and to increase our brand awareness. We have made available our best selection of games and we will make this a fruitful partnership.”
Source: “NetBet Italy Partners with Espresso Games”. European Gaming. February 13, 2024.
The post NetBet Italy Signs Espresso Games to Expand Innovative Content Offerings appeared first on Casino News Daily.
For many, love is in the air this month. However, it may be difficult to feel love for others if you don’t feel love for yourself first – no matter the occasion. This is especially true for someone living with a partner or family member who is suffering from a gambling problem. In addiction, the person who is struggling with alcohol, drugs, or problem gambling can take away any feelings of love through their behaviors. When you, the loved one, loses connection with your values and beliefs in the process, you too begin behaving in ways that go against these principles. You can lose your self-worth and self-esteem as a result!
When involved in a relationship with someone addicted to gambling, it is very easy to forget about yourself while always putting the other person first, all in hopes it will help the situation. This never works out! It only reinforces the destructive and addictive behavior and does nothing to help you or the relationship. You have to help yourself before you can help others.
What lies behind us and lies before us are tiny matters compared to what lies within us.
– Ralph Waldo Emerson
Self-worth is a reflection of how you treat yourself. Self-esteem reflects how you feel about yourself. There are three ways to look at the self:
Self-Ideal: Who we would like to be or become.
Self-Image: The way we see ourselves or our behavior.
Self-Esteem: How we feel about ourselves, our abilities, and our self-worth.
Our self-esteem starts early after birth as do our value and belief systems. It is created by our environment and what we believe others say about us is true. In other words, how we are raised can shape us to have a high self-esteem or low self-esteem. Here are some possible causes of low self-esteem:
Overly critical parents
Parental over-protectiveness
Experiencing physical, sexual, emotional, or verbal abuse
Suffering from the impacts of addiction, such as to gambling, alcohol, or drugs
Parental neglect
Parental rejection
Interactions with any other unsupportive authority figures
All of these have the power to shape our relationships and internal dialogues (or recurring thoughts about the self) as we age. Negative self-talk can be persistent and build up over time. Many listen to thoughts like these and others on repeat without ever confronting them:
“I am not worthy of love.”
“I will never be good at anything.”
“I don’t deserve a good relationship.”
None of these things are true. It is important to break your comfort zone, challenge these negative thoughts, and reassure yourself that you deserve all the good things you can get in your life from others, like trust, respect, love, and compassion!
Valentine’s Day Secret: Love Yourself First
Only after learning to love yourself will you then know how to expect and receive it from others. On Valentine’s Day and every other day of the year, YOU DESERVE TO BE LOVED. The next time one of those negative thoughts comes to mind, remember to challenge it out loud or write in a journal to help internalize a positive self-reflection: “No, that is not true. I am not lazy! I work every day and take care of the household.”
Confidential and multilingual help and hope for problem gambling are available 24/7 in Florida – for both loved ones and gamblers. Call or text 888-ADMIT-IT now if your or someone you know is in need. The HelpLine can also be reached via live chat at gamblinghelp.org, by emailing [email protected], with the 888-ADMIT-IT mobile app, or by connecting with the Florida Council on Compulsive Gambling on social media.
March is Problem Gambling Awareness Month (PGAM). This year’s theme is Shine the Light on Problem Gambling: 888-ADMIT-IT Fills in the Blanks! If you or someone you know are seeking answers to questions left by gambling addiction, help and hope are always available. Learn more at problemgamblingawarenessmonth.org and share this important campaign.
The Gaming and Wagering Commission (GWC) of Western Australia has cancelled the licenses of three Crown Perth employees following a police raid on an illegal gambling den.
police charged an unnamed 35-year-old man for allegedly organizing the game
According to a report by Deniliquin Pastoral Times on Wednesday, a bust in April 2023 netted over AU$128,000 ($86,131). At the time, police charged an unnamed 35-year-old man for allegedly organizing the game and money laundering.
Investigators also seized casino-style gaming chips and discovered a baccarat table cover, playing cards, and several people allegedly “playing and wagering in an unlawful game.”
After the raid, the three Crown employees subsequently lost their jobs after the GWC hit them and others allegedly involved in the gambling den with fines.
Then in December, another raid in Perth netted over AU$60,000 ($38,856) in cash and gaming chips, with police discovering 16 people at the alleged illegal gambling den. Western Australia’s Minister for Racing and Gaming Paul Papalia said the raids resulted in authorities shuttering the two illegal gambling venues.
“At the first raid, three casino employees were found to be working illegally,” Papalia stated Wednesday.
The Minister also warned those running and participating in “unlicensed gaming events are now on notice that their activities will be investigated and action taken.”
The post Three Crown Perth Employees Caught Up in Gambling Den Raid appeared first on Vegas Slots Online News.
Sin City, where stakes are high and so are the number of visitors! With over 3 million tourists flying into the global entertainment hub each month, it’s no secret that they aim to dodge scams in order to get the best Vegas experience. Google Trends spills the burning questions Vegas-bound travelers ask, such as “best buffet in Las Vegas,” “best shows in Vegas,” and countless resort names for the best stay.
To make sure visitors are snagging the best deals, we’ve scraped over 1.5 million Tripadvisor reviews of every Vegas resort, entertainment show, and restaurant and bar, to calculate the percentage of reviews that past visitors flagged as scams. We focused on keywords like ‘scam’, ‘rip-off’, ‘waste’, and ‘misleading’, to separate the real deal from deceivers.
Key Findings:
The Blue Man Group is deemed the biggest scam in Vegas, overall and within the show category – with 5.5% of Tripadvisor reviews associated with all-things ‘scam’ related
Resort: Blue Vacations Club 36 ranks #1 in resort scams, with 4.2% of reviews pointing to hidden fees and shady package deals
Restaurant and Bar: Minus5 ICEBAR left 5% of diners feeling deceived, making it the top rip-off in Vegas
Sin Scam City:Top 10 biggest scams, according to reviews
Whether you’re on a budget or looking to maximize your Vegas experience, steer clear of the top 10 ranked shows, restaurants, and resorts based on our findings and past visitors’ feedback.
Painting themselves blue and as the biggest scam in Vegas, the Blue Man Group steals the spotlight as the ultimate swindle, ranking #1 in our top 10 list. According to 5.5% of past visitors’ reviews, this iconic entertainment show left attendees feeling less dazzled and drained in the wallets. Viewers dubbed their show as “a waste of time and money”, and “a complete rip-off” in the review section. One disappointed showgoer even said, “you are better off gambling your money.” Your $70 might be better spent elsewhere – definitely not here!
Serving a shot of ice-cold deception, Minus5 ICEBAR ranks 2nd overall – with a cool 5% of visitors feeling deceived. Although many found the concept to be cool, they left with their wallets feeling frostbitten. Take this reviewer’s frosty comment, for example: “Tourist trap rip-off…standing in a meat locker for $17 bucks? No thanks.” Talk about a chilling experience…?
Don’t be fooled by the word ‘vacation’ in Bluegreen Vacations Club 36 – it’s not all sunshine and rainbows! With 4.2% of reviews deemed as scams, it ranks 3rd in Vegas’s biggest scams list (and #1 in resorts). A whopping 59% of their scam-related reviews specifically mention the keyword ‘scam’ – the highest among the top 10 list. Some of their shady scams include their time-share program, vacation incentives, and cleanliness concerns. You might want to go sipping martinis someplace else.
Completing the top 5 rankings, Pampas Las Vegas and Criss Angel Mindfreak, tied for 4th, each with 3.9% of scam-related reviews. In 5th place is Saltgrass Steakhouse with 3% of scam-related reviews.
Resorts with the highest ‘scam’ mentions, according to their reviews
To check-in, or to check out?That is the question when it comes to booking overnight stays at some of Vegas’s resorts. For a stress-free stay, you might want to stay clear of these spots, as they’ve racked up the highest number of scam-related reviews on Tripadvisor.
As mentioned earlier, Bluegreen Vacations Club 35 ranks #1 as Vegas’s most scam-dalous stay, according to 4.2% of Tripadvisor reviews.
Coming in hot at 2nd place is the Jockey Club, with 2.8% of deceitful-related reviews. One unfortunate guest wrote, “We’ve poured over $12,000 into their services. DON’T FALL FOR IT! Dreadful service, zero availability. SCAM, BIG SCAM!” If that’s not enough, nearly half (47%) of their scam-related reviews hold the keyword ‘waste’ – whether it’s a waste of money and/or time. Check out, don’t check-in here!
In the resort scam stakes, Club Wyndham Grand Desert secures 3rd place, due to their 2.7% share of scam-related reviews. Despite flaunting their “Five-Time Winner of the Certificate of Excellence” on Tripadvisor, some would disagree. Previous guests have labeled their timeshare salespeople as “walking scams” and ‘rip-offs’, and their timeshare presentation full of misleading information. While their hospitality seems to be excellent, indeed, it seems their Achilles’ heel lies in their timeshare program.
Wrapping up the top 5 rankings, Hilton Vacation Club Cancun Resort (4th) clocks in 2.6% of scam-related reviews. While the Golden Nugget and Palms Casino Resort tied for 5th, both with 2% of scam-related reviews.
Scam-biz: 10 shows with the highest ‘scam’ mentions, according to reviews
Did you really go to Las Vegas if you didn’t see a show or two? With jaw-dropping shows such as Absinthe, O by Cirque du Soleil, or MJ Live, the city sure does offer an array of entertainment. But before you splash your cash, watch out for the overhyped shows. Save yourself a Benjamin or three, and avoid these shows – as recommended by countless of previous showgoers.
As mentioned earlier, Blue Man Group takes the stage as Vegas’s #1 showtime scam, according to the 5.5% of their reviews that resonate with scam-related keywords.
Considering attending the Criss Angel MINDFREAK show? Prepare to have your mind-blown by…nothing? This magician spectacle ranks as Vegas’s 2nd biggest showbiz scam, with 3.9% of reviews claiming to feel tricked. From their swindle-related reviews, a staggering 95% labeled the show as a ‘waste’, with complaints ranging from ‘waste of time’ to ‘poor magic and pure waste of money.’ Others have dubbed it as a “marketing scam” and a “mindfreakin rip-off”. If you’re a magic fanatic, you might want to pull a disappearing act on this show.
Penn & Teller are pulling off more than tricks, but also securing 3rd place in Vegas’s showbiz scam rankings – according to the 2.9% of their Tripadvisor scam-related reviews. Mirroring the sentiments of Criss Angel’s MINDFREAK show, a whopping 93% of their scam-related mentions also felt the comedy magic show was a waste. Guests found the performance to be underwhelming, and a ‘waste of money’ (they spent $160)! Other displeased visitors labeled the show’s bar a rip-off. One patron shelled out $60 for a beer, coke, and 2 rum and cokes – that’s approximately $20 a drink! Now that’s a (magic) trick no one wants to see.
Completing the top 5 rankings, Ka by Cirque du Soleil ranks 4th place, with 2.4% of scam-related keywords appearing in their reviews. Jabbawockeez comes in 5th, with 2.3% of its reviews holding scam-related sentiments.
10 Vegas bars and restaurants that are serving scams
Las Vegas is the hub for foodies and celebrity chefs, making every dish a star! With countless Instagrammable bites and fine dining options, every visitors’ taste buds will be satisfied. But for those with refined palettes or serious foodie critics, perhaps skip some of these restaurants and bars.
As previously mentioned, Minus5 ICEBAR is chilling in its 2nd place ranking in our top 10 scam. Due to their 5% of swindle-related reviews from past visitors, they also earn the top spot in the Vegas restaurant industry.
Pampas Las Vegas, a Brazilian Steakhouse located on the Strip, has definitely cooked up a swindled-storm, as it lands itself in 2nd place for the most scam-related mentions. From their 3.9% of visitors that felt deceived, a whopping 61% found their dining experience to be a waste of money. Another 17% felt they fell into a tourist trap or local rip-off; while 12% claimed the restaurant a scam as they didn’t accept coupons or gift cards from hotels. So if you’re not willing to roll the dice on these high-steaks, perhaps book your reservation elsewhere.
Adding another steakhouse in the mix, Saltgrass Steakhouse (based in The Golden Nugget), claims 3rd place on our top 10 list – with 3% of scam-related mentions, overall. Previous patrons claimed the price didn’t match the quality expectations or portion sizes, dubbing it a rip-off. Due to its overpriced food and questionable quality, multiple warnings echoed the ‘don’t waste your money and time’ sentiment once again.
Finishing the top 5 rankings, Circus Circus Buffet and Bacchanal Buffet both tie for 4th place – with 2.7% of scam mentions. Keeping the buffet theme rolling, MGM Grand Buffet finishes in 5th, thanks to its 2.6% of swindled-related Tripadvisor reviews.
Honorable Mentions: Attraction and Transportation scams
The biggest attraction scam in Vegas, according to Tripadvisor reviews, by a long run is Zak Bagans’ The Haunted Museum. With 4% of their reviews filled with scam-related mentions, over half (53%) of these reviews labeled the museum as a rip-off. Other previous visitors labeled the museum as “a hauntingly good tourist trap” or a “tacky fake money-grubbing tourist trap”. Try saying that three times fast!
If you’re looking to ride in style, steer clear of the gondola rides at the Venetian. While it may look like a serene journey, 3.7% of their reviews claimed that paying a minimum of $70 for only 10-15 minutes was a major rip-off. Especially when they charge you an additional $30 for photos! So much for smooth sailing.
Conclusion
With all the glitz and glamour that is Las Vegas, we understand that navigating the countless options of resorts, shows, and restaurants can feel like a high-stakes game. With our guide to the biggest scams and luckiest casinos in Vegas, let them serve as guides to get the best bang for your buck.
Methodology
To determine the biggest ‘scams’ in Las Vegas, we conducted a thorough keyword search across all of Vegas’s Tripadvisor pages. The following terms were searched and tallied: scam, rip-off, waste, and misleading. We ensured there was no duplication of keywords within the same person’s review.
After scraping over 1,500,280 reviews and tallying the numbers, we calculated the percentage of scam-related mentions in each of their respective Tripadvisor reviews.
This data was collected in February 2024.
Fair use
Feel free to use the data or visuals on this page for non-commercial purposes. Please be sure to include proper attribution linking back to this page to give credit to the authors.
For any press questions, please contact rhiannon.odonohoe[at]casino.org
The first gambling impact study of its kind in Connecticut since legalizing online gambling highlights some serious concerns about the state’s residents. It found that despite problem gamblers only making up less than 2% of the population, they account for half of all sports wagers.
Online casinos and sports betting became legal in Connecticut in 2021 and the study results show that about two-thirds of people gamble in some form. The majority of this is through the state’s various lottery products, with just 10% engaging in online casino games or sports betting.
over 70% of revenue from legal gambling comes from at-risk or problem gamblers
The last impact study in the state was in 2009 and it showed that over 8% of people were using illegal options to place sports bets, so legalization didn’t lead to a dramatic rise in participation numbers. The study that Gemini Research carried out showed that over 70% of revenue from legal gambling comes from at-risk or problem gamblers.
Connecticut’s Department of Mental Health and Addiction Services commissioned the research as it was a requirement from the General Assembly.
Genesis concluded that the current forms of gambling addiction prevention and treatment in the state are “quite proactive and provides a good model for the rest of the country.” More work is necessary on this front, according to the research company.
The post New Study Finds That Problem Gamblers Place 50% of Sports Bets in Connecticut appeared first on Vegas Slots Online News.
Following the recent problem gambling and money laundering allegations that costed SkyCity Entertainment Group millions of dollars, a leading casino corporation in Oceania is facing legal consequences again. The latest civil case involving the company and referring to the Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) Act will reportedly see the Australian State Department of Internal Affairs taking the managerial position in SkyCity.
Five Separate Legal Actions Filed:
SkyCity Entertainment Group holds casino licenses to operate the SkyCity Auckland, SkyCity Hamilton, and SkyCity Queenstown casinos in New Zealand. As RNZ reports, the company is to appear before the High Court on February 16, 2024 to attend the hearings on five separate legal actions on the AML and CFT allegations. The action is requested a week after SkyCity reached an agreement with Australian authorities about the alleged breach of the AML and CFT laws related to its casino property at Adelaide. According to the source, the company paid a $75 million fine within the scope of the agreement.
Ongoing Investigations:
The same source reports that this case is still open as Australian state authorities continue investigations into SkyCity’s Adelaide casino license. At the same time, the New Zealand Gambling Commission investigates into a complaint about a breach of host responsibility committed between August 2017 and February 2021. SkyCity reportedly stated that the allegations from the New Zealand competent authorities include significant compliance issues. As reported, these issues are considered rather – but not exclusively – historical. SkyCity reportedly said in a statement: “Some matters relate to incidents of non-compliance which have previously been self-reported to the department.”
Constructive Engagement:
The company also stated that it had been addressing those issues since late 2021, according to RNZ. “This has involved, and continues to involve, significant investment in people and technology, and various reviews of SkyCity’s processes and systems to identify areas which require improvement,” it reportedly said. SkyCity reportedly continued that it was “disappointed” for the failure to meet the standard it needed to hold itself. The company reportedly stated that it was constructively engaged with the Internal Affairs Department to follow the proposed procedure and resolve the issues in an expeditious manner. The company refrained from further comments stating: “Given that the matter will be before the court, it would be inappropriate for SkyCity to comment further at this stage,” according to the source. RZN reports that the five claims filed against SkyCity Entertainment Group are estimated to potentially impose a maximum liability of around $8m in total.
As one of the biggest sports betting days of the year, the Super Bowl garners a lot of attention. Unlike wagering at a casino throughout the year, placing a huge bet on the Super Bowl is bound to garner a bit of attention.
There were some large bets on the big game this year, but there is one that stands out from the rest. One gambler went all-in on the San Fransisco 49ers to walk away with the Lombardi Trophy. How big? Try $1 million dollars.
The Million-Dollar Bet
Before we talk about the other major bets happening, it is hard to focus on anything other than the biggest wager of all. Imagine that you are playing online slots, but your next wager has a cool seven figures attached to it.
That is the kind of pressure that one bettor was feeling before the big game. That bettor in Michigan placed a $1 million wager on the 49ers to win. That bettor was given -120 odds at Caesars Sportsbook. A win would have brought an additional $833,333.33 back, bringing the grand total to $1,833,333.33. However, as well know now, that bet lost.
Other Big Bettors
Though that one bettor felt strongly about the 49ers, a lot of the money – both for money line and points spread – was on the Chiefs. One such better, who made the wager at FanDuel Sportsbook, put $200,000 on the Chiefs to win outright (+100).
There was a large volume of money bet on the defending Super Bowl champions in the last week leading up to the Super Bowl. Bettors had no doubts about the Chiefs after they went into Buffalo and Baltimore, ultimately leaving victorious. One bettor at BetMGM managed to swing the odds a bit. He put $30,000 on the Chiefs to win. The odds then shifted from +500 to +380. Another bettor got in at +500 odds on a wager of $100,000.
The Line Movement
One of the most discussed aspects of the past week before the Super Bowl was the movement of the line. The 49ers opened as 3.5-point favorites. That number then crept down to around one point, depending on the sportsbook. It then settled at two points in favor of the NFC Champion.
Conclusion
The big bet was ultimately a loser and that gambler will walk away with nothing. That is the risk that you take when you put it all on the line.
The post $1 Million Wager on Super Bowl 58 Lost appeared first on Casino.com Blog.
The Nevada Gaming Control Board (NGCB) has revealed bettors wagered a record $185.6m on Super Bowl LVIII in Nevada’s casinos.
smashed 2022’s Super Bowl record of $179.8m
According to NGCB Senior Economic Analyst Michael Lawton, the unaudited figures show the sportsbooks’ handle earned them a hold of $6.8m, a win percentage of just 3.7%. The $185.6m handle smashed 2022’s Super Bowl record of $179.8m.
The NGCB took to X Tuesday with a news release detailing the record-breaking sum wagered in Nevada’s 182 sportsbooks:
The Kansas City Chiefs memorably fought back for a 25-22 win over the favorites San Francisco 49ers in overtime at the Allegiant Stadium in Las Vegas on Sunday. NGCB Chairman Kirk Hendrick congratulated “all the stakeholders involved for delivering such a spectacular event” for the state.
Viva Las Vegas
Although the Chiefs went into Sunday’s game as 2-point underdogs, quarterback Patrick Mahomes steered his franchise to its third Super Bowl win in five years, its second Vince Lombardi trophy in a row.
The Las Vegas Review Journal cited Westgate SuperBook Vice President Jay Kornegay as stating Nevada’s all-time high handle made sense since “the first Super Bowl hosted in Las Vegas should break the record.”
Lawton said the wagering met the NGCB’s expectations. He added the drivers behind this included Vegas hosting the Super Bowl, the defending champions the Chiefs taking part, and “having a West Coast team from the No. 2 feeder market for Las Vegas.”
Triumphant Chiefs tight end Travis Kelce fittingly roared out ‘Viva Las Vegas’ as CBS’s Jim Nantz interviewed him post game in the Allegiant.
The hold of 3.7% was, however, the fourth-lowest win percentage for Nevada’s sportsbooks in the past decade. Bettors backing the Chiefs won millions on the overtime prop, with +900 odds on Mahomes’ side. Others, such as high stakes poker player Sean Perry, didn’t fare so good on the day.
Felt it coming
Red Rock Resort Sportsbook Director Chuck Esposito stated he “really felt” Sunday’s Super Bowl was going to smash the record, with his firm “seeing six-figure wagers two weeks out.”
Esposito added: “There was just a different feel with the game being here from the crowds and the atmosphere in every one of our books.”
The Red Rock exec said the record handle for the Super Bowl tallies with what his firm sees in games featuring the Las Vegas Raiders, Las Vegas Golden Knights, Las Vegas Aces, plus prize fights, and UFC bouts.
“When they’re here, the handle on any of those events is always the highest,” Esposito said.
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