Category Archives: Casino Room Casino

Pro Sports Better Adam Meyer’s Lawyer Claims Former Customer is National Informant

Adam Meyer is waiting to stand trial on numerous costs in a Wisconsin federal court, the former high-stakes sports betting handicapper at first claiming through his lawyer that he was a government informant.

Adam Meyer proclaimed for years he had been ‘the sports consultant to the stars,’ the Florida-based activities handicapper routinely appearing on television to flaunt his insider knowledge and unrivaled results.

His genuine Money Sports website described Meyer as ‘the star that is biggest in Las Vegas’ whoever ‘client list checks out like the front web page of range.’

‘If there is an outcome, Adam will show you the way to turn it into an earnings,’ his bio read.

Unfortunately for many who took Meyer through to his solutions, the outcome converted into an income just for Meyer himself.

In December of 2014, a Wisconsin jury that is grand Meyer on six charges including cable fraud, racketeering, and extortion relating to a rich Fond du Lac, Wisconsin, man who claimed to have been taken for $25 million.

Meyer’s Tainted Past

At the height of Meyer’s operation, he had been reportedly recharging well over $250,000 for a package of betting guidelines and recommendations of games where the fix was in. Meyer’s products would advise clients on just how to wager and which teams to pick.

He reported to use an extensive research staff 130 strong and asserted his guidelines came with a 60 percent win percen Continue reading

DraftKings and FanDuel Attend Informational Hearing in Ca

Martha Coakley once served as attorney general for Massachusetts, nevertheless now the previous lawmaker is working to encourage politicians into using reasonable actions regarding DraftKings and FanDuel.

DraftKings and FanDuel went to an Informational Hearing held by the Assembly Committee on Governmental Organization on Wednesday to call on lawmakers to pass significant and ‘common-sense’ legislation for the fantasy that is daily (DFS) market.

Fresh off exactly what is a likely defeat in New York, the 2 leading DFS operators pleaded with Sacramento lawmakers to review and learn about how their services work before rushing to any appropriate judgment.

Former Massachusetts Attorney General Martha Coakley, who now works for DraftKings, told those in attendance, ‘We’re maybe not saying don’t do just about anything. We’re simply saying simply take it in an acceptable, careful means.’

Nevada, New York Fold on DFS

The California legislature is officially adjourned until the brand New Year, but that didn’t stop the DFS powerhouses from showing face at the hearing that is casual week.

That is rather understandable considering California may be the many populated of the 50 states and home to nearly 40 million individuals.

For daily dream to continue its quick growth, operators cannot pay for to lose jurisdiction that is legal additional states, specially one the size of California.

As is normally the situation when it concerns Continue reading

Caesars States Mixed Third Quarter Results, WSOP TV Ratings Also Mixed

World Series of Poker champ Joe McKeehen had a $7.68 million payday this week, the WSOP also helping the third-quarter financials for Caesars.

Caesars Acquisition Company (CAC), the investment arm in Caesars Growth Partners (CGP), released its third quarter profits for 2015 and the results are mixed.

The parent business to Caesars Interactive Entertainment, the planet number of Poker and several casinos Planet that is including Hollywood Harrah’s New Orleans, as well as the Horseshoe Baltimore, CAC reported total new profits jumped to $601.2 million within the three months finished September 30, an increase of nearly 24 %.

Not most of the news ended up being good, CAC also revealing that its net income from continuing operations had been simply $20.5 million, a 71 % drop year-on-year.

Caesars Acquisition’s CEO Mitch Garber had no qualms spinning the negatives into positives, saying their organization remains ‘encouraged by the performance that is strong of assets.’

Interactive Stays Active

The highlight of Q3 filing by CAC was yet again its Caesars Interactive Entertainment (CIE) arm, the division reporting $194.5 million in net revenues, a 20.4 percent yield compared to Q3 2014.

CIE is responsible for the WSOP brand name along with Caesars Palace Las Vegas and many gaming that is social including Bingo Blitz, Slotomania, and Caesars Bingo.

‘Our Interactive Entertainment business continues to come up with Continue reading