Posts Tagged "NFL"

New Jersey Sports Betting fails their sport betting legalization bid

New Jersey Sports Betting fails their sport betting legalization bid

New Jersey has been hit by yet another setback on legalizing sport betting in the state after the Third Circuit Court of Appeals panel dispelled their appeal. It was on the 25th day of August when representatives of the State were faced with a dilemma which has been onto them for four years now after a jury of three judges of the U.S Third Circuit Court of Appeal dispelled their bid to allow sports betting in both casinos and racetracks.

This is a huge blow to the State which has no any other option of appealing the case but would rather engage the “en Banc” review which stipulates that the case would be tabled across a panel of 23 judges unlike previous cases where only 3 judges took part.

The main antagonizing issue calls for a clear check up on the plan of New Jersey in adding sports betting to casinos and racetracks and if it would go against the 1992 federal ban on sports betting that was referred to as the Professional and Amateur Sports Protection Act (PASPA).

New Jersey claims that its attempt to incorporate sports betting was to revive the demising horse racing industry as well as Atlantic casinos that are besieged. The passing of the law four years ago prompted the NHL, MLB, NBA, NFL and NCAA moving to the caught to sue the State as they claimed that the integrity of these sports would be disrupted through match fixing and corruption and moreover this would go against the 1992 Act. The court has since then made verdicts siding with the leagues.

If the State is not accorded with the “en banc” review, it can move further up to the Supreme caught but faces a wrath after their previous attempt in 2013 failed provided the Supreme Court of the U.S only allows 1% of the petitions. They may also antechamber the Congress in changing the federal ban but this may take years.

Sen. Raymond Lesniak (D-Union) the man behind the pushing of legalization of Sports betting in the state claimed that their only left option is the Third Circuit. He hopes that this may go through as he advocated for the passing of Sports betting legalization to the State four years ago.

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New Jersey’s Appeal rejected by court on sports betting

New Jersey’s Appeal rejected by court on sports betting

The appeal tabled at the Federal appeal court by the US pro sports betting advocates have hit a hard rock as the jury decided not to the uplifting of the sports betting to be held in New Jersey. Us pro advocates rushed to the Third Court of Appeals in Philadelphia with the aim of having a ruling in their favour but were shocked as the court ruling was backed by 2-1 and in turn giving no chance to the State in trying to circumvent the 1992 Professional & Amateur Sports Protection Act (PASPA).

This appeal by the New Jersey State has been in progress for nearly a year now. And down the line, the state has faced yet another hit in attempt to give a comprehensive continuity of sport betting in USA. It was the decision of Third Court Judges Marjorie Rendell and Maryanne Trump Barry who made their verdict in favour of US Pro League members and hence giving legalization of sports betting in New Jersey a huge blow.

According to the US Pro League representatives from various leagues such as NFL, MLB and NHL, the verdict undertaken by the Third Court was crucial inthe upholding of the honesty portrayed by various sporting games in the USA.

However, all was not done as the Democratic Senator of New Jersey Ray Lesniak claimed that the representatives of this state will not give up and will continue waging the fight for what they think is their right of eradicating the PASPA verdicts.

Commenting on the issue to US news sources, the senator claimed that there will be three games for the NFL to be staged in Wembley Stadium in London where their fans will bet and watch the games. He claimed that their main agenda would be controlling as well as running betting via fantasy sports.

The president of the American Gaming association Geoff Freeman claimed that he would support Lesniak by claiming that they deserve to take full control of betting as the law is not keen with regulation of illegal betting with current statistics indicating that there are over $140 billion indulged in illegal betting.

From here, New Jersey will head for another appeal at the full court.

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Amaya acquires Victiv as their subsidiary to the fantasy market

Amaya acquires Victiv as their subsidiary to the fantasy market

Amaya has been on the brink of maximising its profits since it was initiated way back. With this in mind, the provision of top class services to its clients has been the company’s first priority. This has resulted in the acquisition of more clients to their platform. The more the client, the more income the company earns.

Recently, Amaya has prompted to raid the US markets where there is high possibility of acquiring more customers. To achieve this, the company has decided to initiate the US daily fantasy sports market (DFS) through a confirmation announcement that the firm has to its possession the Victiv which is a real money operator that is based in the US. However, it was not clear the actual amount that Amaya cashed out to acquire Victiv. Before it is being officially launched in the US soil, Amaya confirmed that the new firm Victiv will change its name to StarsDraft.

This comes after Amaya proclaimed to the public last March that it was planning to get involved in the US DFS market as it eyed the kick off of the new 2015/2016 NFL season. The main reason as to why its governance came to this conclusion was due to the fact that it oversaw a greater relationship and potential between the ex US poker client and the DFS market.

The Toronto based operator has fully confirmed the purchase of Victiv together with its services and operations. The firm claimed through a statement that it has no plans of expelling the acquired workers but would rather continue working for the firm in the new acquired operator.

The CEO of Amaya David Baazov claimed that the new dimension of his firm has a direction point of view of venturing in the daily fantasy sporting category and will be keen to pursue straight tracks which will be based on the development of the inside strategy and proper management.

He continued to say that he is focused on giving more information on the plan come the second half of 2015 that would see the company move from poker to daily fantasy sports.

The acquisition of the Austin, Texas based Victiv will be keyy6 in the acquisition of clients due to its easy web access and comes with attractive products and adverts which would suit clients’ pocket

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Dave Dombrowski needs to start getting paid like a player and not like a typical GM

Dave Dombrowski needs to start getting paid like a player and not like a typical GM

One of the great executives in world of sports is Dave Dombrowski. Despite his efforts of elevating the Detroit Tigers, the club decided not to award him with another contract. Dombrowski is one of the greatest after he won championship with Florida Marlins and run the Montreal Expos. He is one of the best baseball tacticians and at 59 years of age, he still has more to offer to any club. The $3 million he earned with Tigers represents just a small ratio of what the executives would get in the market place.

Being a free agent, Dombrowski has caught eyes of various teams. The Toronto Blue Jays are looking to replace their outgoing CEO Paul Beeston and have made secret contact with Dombrowski to take the job offer. Boston on the other had have Larry Lucchion leaving the club and would be much willing to have Dombrowski as their head of baseball operation and would match Sam Kennedy. Los Angeles Angels also are looking for a GM.

If he feels that he doesn’t deserve any of these jobs, Dombrowski can take up the role in TV station where he will be having a pre-match, half-time as well as post match NFL analysis. It is yet to be confirmed if he would take a five year $35 million offer from Andrew Friedman the president of Dodgers.

This contract from Friedman would go up to $12 million an year but worry has if a free agent such as Dombrowski would be entitled to an eight figure salary. This comes after a thesis written by Lewie Pollis a student at Brown claiming that a valued GM should basically ear over $50 million a year provided he makes his players expandable and victory thirsty. He adds that someone like Dombrowski who elevated The Tigers from their famous 119 lose should be accorded with great respect and be accorded with the highest salary figure.

A new chapter can be written by Dombrowski where his brain can earn him more cash than it did before. He currently leads the Major League Baseball’s committee. He has a sharp mind and keeps his allies close.

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Sport betting to be a game of skill as agreed by ESPN-DOJ and NFL

Sport betting to be a game of skill as agreed by ESPN-DOJ and NFL

Soon sport betting will be considered a ‘game skill’ if it is legalized in the United States. ESPN, a US sport network has revealed that the NFL and the Department of Justice, through legal documents that they are considerations to make sport betting a ‘game of skill’. The definition from both these two parties may be of importance in giving the distinction that would help determine whether sport betting will be made legal in the United States.

This document came into light when it was discovered by the biggest sports broadcaster, ESPN, as they were searching through public records. This game changing definition was outlined by the lawyers that stood in for NFL alongside Loretta Lynch who is a US Attorney General.

The earlier definition that determine the ‘Games of Skill’ is according to 2006 UIGEA law. This has been used for those who oppose sport betting on the grounds that despite the fact that some skill may be involved. When it comes to sport betting just like any betting activity the element of chance plays a greater role in determining and influencing the outcome.

Attorney General Lynch in 2013 noted that Sport betting involves some skill by the bettors but despite this Sport bettor would decide to exploit on the odds that would not reflect necessarily reflect on the outcomes of the games. This superior knowledge would effect on the mind set of those wagering and influence on the decisions they would make on the bets.

US betting advocates will be surprised by the news that ESPN have disclosed. This is because the NFL have always against sport betting being legalized. They were the first to be against sport betting being legalized in the State of New Jersey for the whole of 2014. Roger Goodell told the media in April that the NFL where still opposing the sport betting which where contrary to the words of Adam Silver who urged the senate to set up a legal framework that will allow and legalize sport betting.

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