Stephen Edelson Asbury Park Press Published 10:20 p.m. UTC Aug 1, 2018 OCEANPORT - Let the games begin. Sure, they're only meaningless NFL preseason, which kick off with Thursday night's Hall of Fame Game between the Chicago Bears and Baltimore Ravens. But it's the first live pro football action for the Monmouth Park Sports Book by William Hill, providing the intitial salvo in a six-month gridiron journey to see exactly what football, both NFL and college, is worth to the race track financially. That's right, you can throw down a few bucks on every NFL preseason, regular season and post season game right on through to the Super Bowl, with future and proposition bets available as well. While the initial returns were solid, with nearly $9 million wagered during 17 days in June after the track's sports book opened its doors, football is what drives sports betting, accounting for 38 percent of the industry in Las Vegas. ``We are extremely pleased withour … [Read more...] about NJ sports betting: NFL (preseason) begins Thursday? You bet
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The NFL released a statement on the league's stance on the Supreme Court's recently ruling on legalized gambling: "As it was for my predecessors, there is no greater priority for me as the Commissioner of the National Football League than protecting the integrity of our sport. Our fans, our players and our coaches deserve to know that we are doing everything possible to ensure no improper influences affect how the game is played on the field. This week's ruling by the Supreme Court has no effect on that unwavering commitment. "We have spent considerable time planning for the potential of broadly legalized sports gambling and are prepared to address these changes in a thoughtful and comprehensive way, including substantial education and compliance trainings for our clubs, players, employees and partners. These efforts include supporting commonsense legislation that protects our players, coaches and fans and maintains public confidence in our games. We are asking Congress to enact … [Read more...] about Roger Goodell on gambling: Integrity of NFL game remains top priority
By Vincent Bonsignore | [email protected] | Daily NewsPUBLISHED: May 15, 2018 at 5:09 pm | UPDATED: May 15, 2018 at 6:21 pm The NFL’s decision to return to Los Angeles two years ago – and then greenlighting the Raiders move to Los Vegas a year later – guaranteed two state-of-the-art stadiums opening in the western part of the United States while paving the way for the Super Bowl, World Cup, Olympics, College football National Championship game and NCAA basketball Final Four to potentially land in Los Angeles and Las Vegas. But both cities might have gotten a little more than they initially gambled for after the Supreme Court’s groundbreaking decision on Monday to allow states to conduct legalized sports gambling. It remains to be seen just how much the Supreme Court’s decision will affect the NFL as a whole – and for now it appears the league will cautiously monitor the potentially new landscape it will conduct business in – but depending … [Read more...] about Is Supreme Court decision on sports betting a game-changer for Rams, Chargers and Raiders?
The Supreme Court on Monday struck down a law largely banning sports betting as unconstitutional, a ruling that will likely spur many states to legalize it. X However analysts have said the difference between expectations and reality means it may not be the revenue bonanza for casino stocks such as of Las Vegas Sands (LVS), Wynn Resorts (WYNN) and MGM Resorts (MGM) than it first appears. In fact the biggest winners should actually be the strong regional players, such as Caesars Entertainment (CZR), Boyd Gaming (BYD) and Penn National Gaming (PENN). With their vast network of properties, they are the best poised to open sports books around the U.S., especially if states opt to limit the locations were such betting is allowed, rather than following the more laissez-faire approach of the United Kingdom, where bookmakers are an established part of the high street. Caesars Entertainment shot up 5.5% on the stock market today. Boyd Gaming climbed 3.1%, Penn National Gaming 4.7% and … [Read more...] about Supreme Court Legalizes Sports Betting; These Gaming Stocks Are The Big Winners
Amazon.com Inc. more than doubled its profit Thursday and predicted strong spring results as the world’s biggest online retailer raised the price for U.S. Prime subscribers, added U.S. football games and touted its cloud services for business. The results showed the broad strength of the company, which has been expanding far beyond shipping packages, the business that has drawn the ire of U.S. President Donald Trump. The forecast beat expectations on Wall Street, sending shares up 7 percent to a new record in afterhours trade and adding $8 billion to the net worth of Jeff Bezos, Amazon’s chief executive and largest shareholder.Seattle-based Amazon is winning business from older, big box rivals by delivering virtually any product to customers at a low cost, and at times faster than it takes to buy goods from a physical store. It is expanding across industries, too, striking a $130 million deal to stream Thursday night games for the U.S. National Football League online and … [Read more...] about Amazon Delivers Profits, a $20 Prime Hike, NFL Games
SEN. BOB CORKER (R-Tenn.), to Peter Cook on tomorrow’s Bloomberg TV “Capitol Gains”: “It's time for us to get specific and not create another fiscal cliff, which is really what's being proposed -- creating another fiscal cliff to deal with this fiscal cliff.” PRESIDENT OBAMA, in the Brady Press Briefing Room before he left for Hawaii: “In the next few days, I've asked leaders of Congress to work towards a package that prevents a tax hike on middle-class Americans, protects unemployment insurance for 2 million Americans, and lays the groundwork for further work on both growth and deficit reduction. That's an achievable goal. That can get done in 10 days. … I want to wish every American a merry Christmas. And because we didn’t get this done, I will see you next week.” Story Continued Below PALACE INTRIGUE – “How 'Cliff' Talks Hit the Wall: Behind Scenes, Boehner Failed to Sell Republicans on Taxes, While Obama's … [Read more...] about 9 days to cliff, 30 days to inauguration — OBAMA TO BOEHNER: ‘I get that for free’ — KERRY to be ‘Mr. Secretary’ — Leibo goes to NFL game with Rubio, Alex
(AP) LAS VEGAS - A Las Vegas casino is offering refunds to gamblers who lost money when Seattle beat Green Bay on a controversial touchdown at the end of Monday night's game. The D Las Vegas owner Derek Stevens said Wednesday he just can't accept the outcome of the game. The Seahawks won 14-12 after a Packers defender and Seahawks receiver fought for the ball on the final play. Replacement officials missed an offensive pass interference call and then decided there was a simultaneous catch, giving Seattle a touchdown. Stevens calls refunds the right thing to do. He says the casino will refund straight and money-line bets made on the Packers through Sunday, but only on wagers made at his downtown Las Vegas sports book. Several offshore online betting outlets have also issued refunds. NFL, referees closing in on new deal?"Vegas" series premiere: A new sheriff in townPackers' loss ripples from Lambeau to White House … [Read more...] about Vegas casino offers to refund bets on NFL game
Even if I had $1 million to bet on an NFL game, I’d bet it only if I were almost certain about the outcome. And how can you be almost certain? I know that some of you believe officials go into a game favoring a team (the team that plays the Carolina Panthers, for example). I know that some of you believe the NFL favors the New England Patriots. After Sunday, however, that belief might be shaken. Betting $1 million on the outcome of the Super Bowl is riskier than a throwing the ball to your quarterback on fourth and goal. I can’t fathom mustering the courage, insight or recklessness that such a bet would require. I’d be nervous betting $100,000. Or $1,000. Yet, William Hill, which runs sports books around the world as well as in Las Vegas, took three bets of at least $1 million – each on the Philadelphia Eagles. The Eagles opened as 5½ underdogs and by kickoff were 4½. You imagine a man or woman placing such a bet and going home? QUESTION: Honey, what … [Read more...] about Short takes: If you had a $1 million to bet on an NFL game, would you do it?
Gamblers could be making legal sports bets on Hawkeye and Cyclone football games at Iowa casinos as soon as next fall if the chips fall the right way.The change hinges on two factors: Whether the U.S. Supreme Court strikes down a federal law that bans most states from sports betting, and whether the Iowa Legislature approves a proposal during its 2018 session to allow it."We would definitely be very interested," said Gary Palmer, president and chief executive officer at Prairie Meadows Racetrack and Casino in Altoona. "We are always willing to look into something new, and sports betting has been going on illegally forever with bookies. So you might just as well legalize it so that we could get some tax money from it."The Iowa Gaming Association, which represents the state's 19 commercial casinos, is asking lawmakers to pass a bill during the upcoming legislative session that would allow sports betting on professional and college sports, … [Read more...] about Should Iowa legalize wagers on Hawkeye, Cyclone games? You bet, some say
By most measurements, Kyle Williams wasn't supposed to make it this far. His size was a problem for NFL scouts. LSU listed him at 6-foot-2 and 295 pounds. Colleges have a tendency to exaggerate those numbers, evidenced by the fact Williams lost an inch when he turned pro. Safe bet his weight was inflated, too. Williams started for LSU's 2003 national championship team as a sophomore, was All-SEC and second-team All-America yet slid to the fifth round in the 2006 draft. "Not strong at the point and driven off the ball by opponents. Marginal skills as a pass rusher," read Williams' pre-draft report on Scout.com. "May never be a starter at the next level yet his tenacity and approach to the game will find him a spot on an NFL roster." Eleven seasons later, the four-time Pro Bowl selection still is dominating Buffalo Bills opponents along the defensive line. Williams has 3.5 sacks and ranks second on the Bills with eight tackles for losses entering Sunday's game against the Jacksonville … [Read more...] about 11 years into his NFL career, Kyle Williams continues to defy outside expectations