Former Jacksonville Jaguars Employee Sentenced to 6.5 Years in Prison for Embezzling $22 Million From Team to Feed Gambling, Luxury Lifestyle

Former Jacksonville Jaguars Employee Sentenced to 6.5 Years in Prison for Embezzling $22 Million From Team to Feed Gambling, Luxury Lifestyle Thumbnail

Elaborate scheme A former Jacksonville Jaguars employee who stole over $22 million from the organization has been sentenced to six and a half years in federal prison. The U.S. Attorney’s Office for the Middle District of Florida announced on Tuesday that U.S. District Judge Henry L. Adams also ordered 31-year-old Amit Patel to pay full… Read more »

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Report: Entain Considering the Sale of PartyPoker

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Internet gaming company Entain is reportedly looking to sell online poker room PartyPoker, this according Sky News. Entain has retained the services of Oakvale Capital to work on a possible sale. Other than that, any details are few and far between, as it sounds like Entain is just in the preliminary stages of a prospective… Read more »

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North Carolina Launches Online Sports Betting Market

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Roundball Rock Online sports betting went live in North Carolina at noon on Monday, March 11, just in time for March Madness. With both men’s and women’s conference tournaments in full swing (some are already done), sports fans in one of the basketball-craziest states in the country have plenty of opportunities to throw a few… Read more »

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Standard General Makes Offer to Buy Bally’s Corporation

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Hedge fund Standard General has made an offer to buy gambling Bally’s Corporation for $15 per share, equating to a company valuation of $648 million. Standard General is already the largest Bally’s shareholder, owning 23% of the company. Monday’s offer was a substantial 41% premium over Bally’s share price at Friday’s close. The offer is… Read more »

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Changes Coming to Interstate Gaming Agreement?

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The Multi-State Internet Gaming Agreement (MSIGA) has been a boon to internet gaming, otherwise known as iGaming, in the States of America. It has allowed smaller states, such as Delaware, Nevada, and West Virginia, to join forces with some larger states to support larger prize pools and player fields. Now, one of the larger states… Read more »

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Ohio, Maryland Ban College Player Prop Bets

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Ohio and, most recently, Maryland have both prohibited sports books from offering individual college player prop bets. The decisions resulted largely from a request by the NCAA. The Ohio Casino Control Commission (OCCC) announced its decision on February 23, giving operators until the end of the month to reach full compliance with the order. Maryland’s… Read more »

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Iowa Dismisses Illegal Gambling Charges Against Four Former Iowa State University Student Athletes

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Iowa’s Division of Criminal Investigation (DCI) screwed up and the state knows it. On Friday, March 1, Assistant Story County attorney Benjamin Matchan filed a motion to dismiss illegal gambling charges against four former Iowa State University student athletes because DCI investigators used geolocation software inappropriately. Former football players Isaiah Lee, Jirehl Brock and Eyioma… Read more »

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