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World Cup Gambling Hub Lands Ambassador in Vegas Court

World Cup Gambling Hub Lands Ambassador in Vegas Court | Games People Play | Scoop.it

When FBI agents went into Villa 8882 at Caesars Palace in Las Vegas on the afternoon of July 9, they found Wei Seng Phua and his son watching the World Cup semifinal between the Netherlands and Argentina.

 

...Phua, 50, a Malaysian citizen who also goes by Paul Phua, and his son appeared today in federal court in Las Vegas and pleaded not guilty to charges they ran an illegal gambling business out of the Caesars Palace villas. Phua and his associates, six of whom are set to be arraigned Aug. 7, were using the SBOBet and IBCBet sports betting websites, neither of which is licensed to operate in Nevada, to monitor odds and place bets, according to federal prosecutors.

Sport Betting

Those are the two biggest online sport betting commission businesses in the world, according to Chris Eaton, former head of security at soccer’s governing body FIFA. Eaton, now a director at Doha, Qatar-based International Centre for Sport Security, estimated that each company turns over about $2 billion a week.

Of more than 8,000 operators offering sports betting worldwide, most do so without obtaining authorizations required in the countries where their clients are located, making about 80 percent of all sports bets illegal, according to a May 2014 report by the Sorbonne University and International Centre for Sport Security.

 

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Black Shoe Degenerates: Game of the Year Point Spreads

Black Shoe Degenerates: Game of the Year Point Spreads | Games People Play | Scoop.it
Nothing like a little mid-summer gambling talk to pass the time
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NCAA college basketball tournament's 'March Madness' will be streaming live to millions more this year on smartphones, tablets

NCAA college basketball tournament's 'March Madness' will be streaming live to millions more this year on smartphones, tablets | Games People Play | Scoop.it
Every year, the NCAA college basketball tournament gives employees a reason to goof off at their desks and root for their alma maters. But there's a growing source of potential headaches for bosses. Media companies like hosts CBS Corp. and Time Warner Inc.'s Turner are doing all they can to promote so-called TV Everywhere services, which add value to cable and satellite TV packages by allowing subscribers to watch live TV on smartphones and tablets while on the go — and on the job.
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On Horse Racing, “Break Downs,” and Our Humanity

On Horse Racing, “Break Downs,” and Our Humanity | Games People Play | Scoop.it

In humans you never see someone snap their leg off running in the Olympics. But you see it in horse racing.

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March Madness Romance

March Madness Romance | Games People Play | Scoop.it
I haven't paid attention to basketball since the men wore shorts -- I mean shorts, not the baggy capri pants they wear now. Back then, I was the nerdy girl who hand wrote the stats and charts for t...
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Making bets on romance during March Madness

 

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