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“Daniel Friedberg flips on FTX’s Sam Bankman-Fried” Daniel Friedberg — the former FTX “chief regulatory officer” who was tied to a notorious online poker cheating scandal — has reportedly flipped on Sam Bankman-Fried and has been cooperating with the feds in the epic crypto fraud case. Friedberg, a member of Bankman-Fried’s inner circle and key…
“Barstool Sports’ Dave Portnoy rips New York Times for gambling ‘hit piece’” Barstool Sports founder Dave Portnoy accused The New York Times of publishing a “hit piece” about his ties to sports betting in order to portray him as a “scumbag.” The Times ran a story over the weekend which quotes gambling industry watchdogs who…
“FTX’s ex-chief regulatory officer tied to online poker scandal” The top “regulatory officer” at fallen crypto exchange FTX was embroiled in a notorious online poker cheating scandal more than a decade ago — and was caught on tape allegedly aiding the perpetrators of the fraud, according to reports. Dan Friedberg — a lawyer who was…
“#Here’s how much New Yorkers wagered on the Super Bowl” New Yorkers bet the house on the Super Bowl last week. The state saw a windfall of wagers on mobile sports betting apps as residents gambled $472.1 million in the run-up to the big game, according to the New York State Gaming Commission. The week…
“#Drake’s $1.3M Super Bowl bitcoin bet may have been illegal” Drake’s $1.3 million Super Bowl bet that he placed using bitcoin may have been illegal, according to Canadian gambling regulation experts. The Toronto-based hip hop star pocketed $300,000 in profit on Super Bowl Sunday after putting down $1.3 million worth of bitcoin using Stake, an…
“#As meme stocks fall, sports betting apps are angling for customers” As battered-down meme stocks fall out of fashion a year after the craze began, some gaming industry analysts say online sports betting apps could see a flood of new wagers. Over the past 12 months, mentions of GameStop on the Reddit board WallStreetBets have…
“#New York places first legal online sports bets” It’s bettor in the Big Apple. New Yorkers placed their first legal online, in-state sports wagers Saturday morning, the first day mobile sports-betting was allowed in the Empire State. One gambler was feeling lucky, plunking down $15 on a longshot, six-team, football parlay — which will pay…
“#Golden Nugget shares soar 50% after $1.56B DraftKings deal” DraftKings plans to buy online betting rival Golden Nugget Online Gaming for $1.56 billion, the companies said Monday — sending Golden Nugget’s stock soaring more than 50 percent. Golden Nugget shares were trading at $18.56 shortly after market open on Monday, up an eye-watering 51.3 percent…
“#Concern $4B in tax hikes in NY budget deal will cause exodus” Gov. Andrew Cuomo and state legislators were poised Monday night to impose $4 billion in new taxes as they tried to hammer out the final details of New York’s s overdue, roughly $200 billion budget. The key issues separating the sides — who’ve…
“#Letting Andrew Cuomo run online sports gambling is a very bad bet” It was probably inevitable that legal sports betting would come to New York state. But the manner in which Gov. Cuomo is proposing to adopt it hurts consumers by limiting betting sites and further weds the state’s budget health to gambling — which…