NBA commissioner calls for legalization of U.S. sports betting

Congress to pass legislation that would let states legalize and regulate sports betting across the United States, in an op-ed published by the New York Times on Thursday.

“I believe that sports betting should be brought out of the underground and into the sunlight where it can be appropriately monitored and regulated,” he wrote.

Fri Nov 14, 2014 3:32am EST

Though Silver urged that any law should include regulations including age-verification tools, measures to identify and ban people with gambling addictions, among other restrictions.

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Silver said there was a widespread desire among sports fans to bet on games, fueling an underground gambling economy that by some estimates draws $400 billion in the country annually.

Previous attempts to widen the spread of sports betting have been strongly resisted by U.S. sports bodies, who feared it could lead to cheating and distortion of athletic competition.

Silver pointed to examples of gambling on sporting events outside the United States, highlighting Britain where bets can be placed on smartphones, at stadiums, and through the television, he said.. states.

“Without a comprehensive federal solution, state measures such as New Jersey’s recent initiative will be both unlawful and bad public policy,” he wrote.

The editorial – written by the man who runs one of the world’s most popular and valuable sports leagues – comes just weeks after a federal judge temporarily blocked a recently signed New Jersey law that would allow wagering on sports events at state-licensed casinos and racetracks.

Nov 13 (Reuters) – National Basketball Association Commissioner Adam Silver called on the U.S. (Reporting by Curtis Skinner in San Francisco; Editing by Toby Chopra)

“Let me be clear: Any new approach must ensure the integrity of the game,” Silver said in his article.

The NBA and other sports leagues filed a lawsuit against the New Jersey gambling bill days before the hold was announced, arguing that it would cause irreparable harm and violated a federal law that bans sports betting in all but four U.S.

New Jersey officials hoped that legalized sports wagering would generate more revenue for Atlantic City’s gambling industry, which has lost customers to a spate of new casinos opening in nearby states

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How to Win At Sports Betting by Joney.tristan

If for example you are betting on football, you should have crucial information about football. Knowing how to win at sports betting will be the crucial step of making good earnings out of your bet.

A good bettor should learn on how to win at sports betting by getting a good system that

the participating odds on the game you want to bet. Having your skills improve each time you bet is a good gear towards achieving massive money out of any betting sport. This means that you should be able to make good decision that will see you win at the end of the game. You should also know the bets and the payments to be given. You should accept defeat because there is always a winner and a loser in any game. Without the knowledge of the odds you cannot be able to pick on a winning odd. A good bettor should always learn how to play sports betting. The designers of the gambling made it in such a way that the amount of money people win is less than the amount they make. Having the knowledge of the bets will enable you to be ready for the results. Do not bet based on yourself drive but based on the knowledge you have on the game.

sharpening the betting skills. Betting is a game where the chances of winning are equal to the chances of losing. It is good to keep in mind that having good betting skills will be the best winning strategy that will see you earn good cash.

Here, you will find some of the major tips you can apply when betting which will enable you bet on a winning team. Try and work on your betting skills once you lose. Use the losing chance as a springboard of harnessing new betting skills. You can only improve these skills if you are keen. Many people who have taken part in this game have ended up losing their money. It is good to learn on how to beat sports betting so that you earn more.

When you are learning on how to win at sports betting it is good to know that the amount

of money you earn depends on the decision you make before you bet. You should have good knowledge on the game you are betting on. This will give you the crucial skills and experience needed to win the bets. However, as a bettor you should know that you should not win on every game you bet. Picking on the team you think has all it takes to be winner will be the crucial decision that will add value to your bet.

A good bettor should learn on how to win at sports betting by making use of the internet.. You will have to know that each wager has risks.

When you are learning on how to win at sports betting, it is good to have knowledge of

will guide them on the ways they can bet and win. This will be a good way of

Betting is a gambling game. This is a game where you are not aware of the tips to use to win or lose

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Patriots Favored By Vegas Books To Beat Giants In Super Bowl XLVI

“I don’t think people are actually hip to how good these NFC teams are.”

Bettors also like to see scoring — an advantage for the Patriots over the Giants, he said.

___

Bell said that while the Patriots have played better all season, the Giants have been the best team over the past month.

The over-under was set at 53 points, while New England betting fees were adjusted to be slightly more expensive than normal, with bettors required to wager $115 to win $100 rather than $110 to win $100, Colbert said.

Colbert said the 2008 Super Bowl rematch is the best matchup possible for casinos, with a shot at breaking wagering records for Nevada casinos.

New England beat the Baltimore Ravens 23-20 for the AFC title, when Ravens kicker Billy Cundiff missed a 32-yard field goal with 11 seconds left.

“Usually there’s going to be a premium on offense,” Bell said.

In odds posted Sunday night by Cantor Gaming, the Patriots opened as three-point favorites over the New York Giants after New York beat San Francisco 20-17 in overtime in the NFC championship game, Race and Sports Director Mike Colbert said.

Oskar Garcia can be reached at http://twitter.com/oskargarcia .

Executive Race and Sports Director Jay Kornegay of the Las Vegas Hotel & Casino says an injury to Patriots tight end Rob Gronkowski could have a big effect on the line, because if he doesn’t play the Giants will be able to double-team other New England receivers.. Bell said the rematch could see $10 billion in wagers worldwide, with only 1 percent of that figure gambled in casino sports books in the Silver State.

“That’s a big factor, a huge factor actually, and will change things. I know he came back into the game, but I’m pretty sure he’s not 100 percent,” he said. “That’s going to be a half point or so, maybe a point.”

Cantor sets lines for several sports books in Las Vegas, including the Cosmopolitan of Las Vegas, the Hard Rock Hotel & Casino, the Palazzo Las Vegas and the M Resort.

Bell said several factors will make bets more expensive for Patriots backers than the raw matchup would dictate, including the celebrity of Brady and Belichick and the fact that more casual bettors generally gamble on the Super Bowl than other NFL games.

The Patriots opened as 14-point favorites four years ago, but Giants backers bet the line down to 12 points and got paid when New York earned a 17-14 win.

Nevada casinos lost the most money ever on the Super Bowl that year — $2.6 million.

“The public will still like New England,” Colbert told The Associated Press.

“The Patriots — they were fortunate, and they just got by,” he said.

Kornegay said the Patriots may be the favorites, but the close win over Baltimore showed they are beatable.

LAS VEGAS (AP) — Las Vegas casinos have made the New England Patriots favorites to win the Super Bowl thanks to their national following, a decade of winning and the playoff mystique of quarterback Tom Brady and coach Bill Belichick.

The Glantz-Culver line favored the Patriots by 3½, with a total of 55½ points.

Gambling expert R.J

The Most Expensive Cars Ever Made

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Koenigsegg Trevita is lavish as well as most expensive car price $ 2.21 Millions and only three cars with this model are produced. Lamborghini Reventón Roadster is yet another work of art and is one of the most expensive cars that sets you back $ 1.56 Millions. Luxury automobiles not simply offer convenience as well as safety however likewise they have actually emerged as a status sign.

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This Crazy ‘Simpsons’ Theory Actually Makes A Lot Of Sense

There’s a “Simpsons” theory making its way around the Internet, and, if true, it would completely change everything you thought you knew about the show. The theory is that Homer Simpson has actually been in a coma for most of the series

Dubai Hosts World’s Richest Horse Race

When most Americans think of horse racing, the Kentucky Derby immediately jumps to mind. But his owner is Sheik Hamdan bin Rashid Al Maktoum of the UAE.

For Americans, Kentucky is still the home of horse racing, but with Dubai’s star on the rise the “sport of kings” might soon be better thought of as “the sport of sheiks.”

Invasor, America’s “Horse of the Year” in 2006, took home the top prize and raked in $3.6 million of the impressive $21 million multiple-race purse, including about $6 million for his race alone.

The event is part of a UAE strategy to expand its economy beyond oil and into tourism. to buy the best horses for sale for more than 20 years.”

Yet Americans have the Middle East to thank for their favorite thoroughbreds.

Those three horses — the Darley Arabian, the Byerly Turk and the Godolphin Arabian — were imported to England from the Middle East.

Like many of the sport’s top horses, Invasor trains in the United States with an American trainer. But this weekend, the world’s top horses could be found thousands of miles away, in the United Arab Emirates, competing in the world’s richest horse race, the Dubai World Cup.

But this year Discreet Cat struggled and finished last. “They’ve been coming to the U.S. Even though this is only the 12th running of the Dubai World Cup, the event has become a global affair.

“It’s extremely important, because not only is the purse so large, but they attract the best horses from all over the world,” Eng said.

Heading into the race the favorite was Discreet Cat, a horse who previously handed Invasor his only career loss.

He compared the “aura” building around the event to the World Cup in soccer — popular around the world, but often overlooked in America.

“The sheiks have loved racing for years,” explained Richard Eng, the horse racing columnist for the Las Vegas Review Journal. Instead, it was Premium Tap who challenged Invasor and took second.

Dubai does not allow betting, but the parties, performances and payouts are seriously rich. The effort includes launching the horse races, hosting a golf tournament that Tiger Woods regularly competes in, and holding a world-renowned tennis tournament.

“If you go way way way back in the origin of the thoroughbred race horse, there are three horses that genetically created the breed as we know it today,” Eng said.

Former San Diego mayor admits misusing charity to fund $1 billion gambling habit

Attorney Laura Duffy of San Diego said in a prepared statement. She began around 2001 to gamble heavily.”

She is the eighth of 13 children of a mother who was a registered nurse and a father, Jerome, who was a boxer known as “Kid Jerome” and later became a prominent businessman, defense documents said.

Those net losses amounted to $13 million, her attorney said.

If O’Connor repays the foundation and satisfies the conditions of her deferred prosecution, the government will dismiss its prosecution in two years, prosecutors said.

O’Connor’s attorney attributed her gambling addiction to her medical condition.

She described that era as “the last chapter of my life where I lost my husband, I lost three of my siblings, I lost my two best friends and I had a difficult time.

The first woman mayor of San Diego has acknowledged in court she misappropriated more than $2 million from her late husband’s foundation to fund a casino gambling habit with which she allegedly won and lost $1 billion over nine years.

In 2011, surgeons removed a large tumor from O’Connor’s brain, and she suffered complications that included cognitive impairment and a pulmonary embolism, prosecutors said. Magistrate Judge David Bartick found that her continuing health problems made it highly improbable she could be brought to trial, prosecutors said.

O’Connor sat next to him with her head lowered.

“Despite having limited, if any, assets other than the funds misappropriated from the foundation, defendant continued high-stakes gambling,” the documents say.

O’Connor, however, is bankrupt and unable to work, court papers say. She’s now broke and suffering cognitive impairment following brain surgery and a stroke in 2011, prosecutors said.

O’Connor, 66, entered a deferred prosecution agreement Thursday in federal court in San Diego in which she admitted misappropriating money from the R.P. “However, no figure, regardless of how much good they’ve done or how much they’ve given to charity, can escape criminal liability with impunity.”

From 2000 to 2008, O’Connor gambled in Las Vegas, Atlantic City and San Diego casinos, court papers said. 1 and Maureen No. 2 is the woman that did not know she had a tumor growing in her head.”

O’Connor didn’t plead guilty this week and the charge is played in abeyance for two years, Iredale said.

She then enjoyed a streak of “several large gambling winnings after March 2009 that were used to continue gambling, not bring the foundation out of bankruptcy,” court papers say.. Peterson, founder of the Jack in the Box restaurant chain, from 1977 until his death in 1994, but court documents don’t disclose the size of the couple’s fortune that apparently funded O’Connor’s gambling habit.

Under the agreement, she will repay the foundation $2,088,000, pay owed taxes, and be treated for her gambling addiction, prosecutors said.

O’Connor, mayor of San Diego from 1986 to 1992, reported to the IRS more than $1 billion in casino winnings but also reported losses bigger than those winnings, resulting in a net loss from 2000 to 2009, prosecutors said in court papers.

She was elected to city council at age 25 in 1971 and, later as mayor, “put our city on the map as a destination for international tourism,” partly by presiding over the completion of the city’s Convention Center, defense documents said.

O’Connor told reporters Thursday that for a while, she didn’t know she had a brain tumor.

She faces an unlawful monetary transaction charge carrying a maximum prison sentence of 10 years, documents say.

Story highlights

Former mayor is “a civic treasure” in San Diego who put city on tourist map

Maureen O’Connor was the first woman mayor of San Diego, serving from 1986 to 1992

Her late husband, Robert O. In 2008, when she became nearly broke, she began to siphon off funds from the R.P. Peterson, founded the Jack in the Box fast-food chain

She won and lost $1 billion playing video poker at casinos from 2000 to 2009

O’Connor was described as “a public figure and a civic treasure to the San Diego community” for 30 years, according to court papers filed by her attorney.

To fund her high-stakes gambling, she had liquidated her savings, sold several real estate holdings, auctioned valuables, and obtained a third mortgage on her home in La Jolla, California, the documents say.

“I think most of you who know me here would know that I never meant to hurt the city,” she told reporters. O’Connor allegedly bankrupted the foundation and tried to avoid paying federal income taxes on the charity’s money by characterizing what she took as “loans,” court papers say.

Photographs of her head after surgery show a fluid-filled cavity without brain matter at all, he said.

Her attorney said a brain tumor affected Maureen O’Connor’s judgment in playing video poker. “She suffered from terrible loneliness. Foundation, on which she served as a trustee.

“It is fair to say in the last eight to 10 years a multiple amount of tragedies have befallen a person who was a great civic leader — one of the sweetest, funniest people who ever existed in our city’s history,” the attorney said. Foundation and continued the activity into 2009, court documents said.

Prior to 2008, the foundation funded such philanthropies as City of Hope, the Alzheimer’s Association, Sharp Healthcare, Little Wishes Foundation, San Diego Hospice and the John Burton Foundation, authorities said.

O’Connor was married to Robert O. She began to choke up and cry.

“There were two Maureens — Maureen No. 2,” she said. “Maureen No. Her ability to repay the foundation is “limited,” they say.

By March 2009, O’Connor allegedly had paid off casinos’ gambling markers, or lines of credit, but hadn’t repaid the foundation, prosecutors said.

“Although it’s not fair of us to say there is no moral culpability, Maureen acknowledges doing something she ought not to have done,” he added.

“This was not, we think, a psychiatric problem or a characterological defect because there is substantial evidence that during this same time, there was a tumor growing in her brain, in the centers of the brain that affect and control, logic, reasoning and, most importantly, judgment,” attorney Eugene Iredale said at a news conference Thursday.

“Maureen O’Connor was a selfless public official who contributed much to the well-being of San Diego,” U.S

2006: What will the Year Bring to Online Gambling

While online, Dice can be found trying her luck out at (www.7sultans.com) or playing a tournament or two at the prestigious (www.royalvegaspoker.com).

This article was posted on January 19, 2006

New software technology and online casino games hit the market, making 2005 one of the busiest years yet. Dice has experience in the news and entertainment industry and her journalistic background is linked to the broadcast sector. With the ever-increasing penetration and affordability of online entertainment, more and more players are joining in the fun at online casinos, and this creates healthy competition that is often the reason for fresh features and innovative technology.

Perhaps some cutting-edge, innovative gambling software or drastically improved Internet security technology that will add an entirely new dimension to what it means to play online. Or could we be looking forward to even bigger prize pools and tournaments that go beyond the likes of PartyPoker’s “Poker Tournament Cruise” or the Fortune Lounge Group’s “International Casino Games”.

Maybe a change is brewing in the way gamers play online, and with the increase in casino and poker room endorsements by eCommerce and Online Gaming Regulation and Assurance, eCOGRA, responsible gambling and player protection is becoming increasingly the norm online.

2006: What will the Year Bring to Online Gambling

 by: Lil’ Dice

So while online casinos vie for our consumer interests, we can enjoy the benefits or more appealing and interactive casino technology while we await the financial rewards of a revolutionary industry.

The online gambling sector was on some major rotation in 2005 with online casino promotions becoming bigger and better, gambling events merging online and offline marketing and a number of casino operators even making their way onto the London Stock Exchange.

Lil’ Dice is a feisty journalist working for the (www.thegambledoctor.com) and the (www.pokerdoctor.com), which has been up and running since its inception 7 years ago. But more importantly there are a lot of excited gamblers and investors waiting to see what the major online casinos and poker rooms will bring to the table for 2006.

In South Africa, for example, Internet gambling is not really legal, but the National Gambling Board in that country, is trying to get above-mentioned sector legitimated by the Trade and Industry Ministry.

Over the past year the online casinos have done a lot to make the process of online gambling more involved and exciting for the player. This could mean that South Africans earning a substantial living off playing casino games or poker online could be in for the tax ride of their lives.

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. Traditional download casino software saw the addition of new technology designed to make the online casinos more enjoyable and convenient. This technological revolution has allowed players to take their favorite online casinos and poker rooms with them.

The question is whether 2006 will see the similar kind of phenomenon and originality that online gambling provided in the previous year. Java applications and instant-play Flash casino games helped players obtain immediate access without downloading or installing software.

About The Author

Whatever this New Year brings, one things for sure, that financially the rewards stand to quadruple in the next four years, with the legalization of Internet gambling promising an estimated USD25 billion burst into economic markets.

Mobile casino games have also become the growing trend within global entertainment markets, and many players enjoy great games, like poker and Blackjack from their hand-held devices