Patriots Owner Robert Kraft Becomes Media Target in Casino Stock Ownership Investigation

Patriots Owner Robert Kraft Becomes Media Target in Casino Stock Ownership Investigation

New England Patriots owner Robert Kraft is the target of a investigation that is new to sports news siteDeadspinthat claims the billionaire is in violation of the National Football League’s (NFL) ownership policies due to his investment in a hedge investment.

New England Patriots owner Robert Kraft (seen here with President Donald Trump at an NFL game in 2012) is being accused by one reporter of violating the league’s ownership policy for holding interests in Caesars.

Kraft, well worth an approximated $5.1 billion according toForbes, owns a small stake (by his standards) in Apollo Global Management (AGM). The Kraft Group CEO holds 267,240 shares of AGM, a publicly traded company, currently valued at around $7 million per SEC filings.

Since Apollo currently retains a 30 percent stake in Caesars Entertainment, because well as roles in British betting house Ladbrokes and casino games maker American Gaming Systems,Deadspinauthor Bart Hubbuch states Kraft is in breach of this NFL’s gambling policy. The League strictly forbids owners from directly casinos that are owning gaming businesses.

The hedge fund says Kraft has been a director of its company since 2014 on 22 dukes casino bonus codes 2017 the Apollo website. The billionaire is listed alongside nine other directors and officers that are executive.

‘Holding that position would may actually be a clear violation regarding the NFL’s gambling policy. While the policy enables f “Patriots Owner Robert Kraft Becomes Media Target in Casino Stock Ownership Investigation” の続きを読む

ESports Wagering Now Fully Recognized Under Nevada Law, Gov. Sandoval Signs Parimutuel Bill

ESports Wagering Now Fully Recognized Under Nevada Law, Gov. Sandoval Signs Parimutuel Bill

ESports wagering is finally getting the kind of recognition the quickly emerging space perhaps deserves. Over the weekend, Nevada Governor Brian Sandoval (R) made wagering on competitive video gaming completely legal.

Nevada Governor Brian Sandoval has formally made eSports wagering a appropriate task in the state.

By signing a bill that adds the tournaments to the state’s parimutuel rule, Governor Sandoval solidified the legality of eSports gambling within the state of Nevada for the future that is foreseeable.

Senate Bill 240, authored by State Sen. Becky Harris (R-Clark County), amends Nevada’s legislation on parimutuel wagering to add ‘other events’ than just horse races, animal races, and athletic sporting events.

The legislation shall allow Silver State sportsbooks to just take odds on everything from eSports to whom will win Best Actor at the Oscars. It won’t, however, allow for betting on politics.

SB 240 had been passed unanimously by both the Nevada Assembly and Senate. Sandoval’s signature on the statute came as no surprise.

The Nevada Gaming Control Board, a three-member panel appointed by the governor, signed off for a recommendation from the state’s Gaming Policy Committee to allow books to take eSports wagers fall that is last. The Downtown Grand’s William Hill sportsbook soon after became the very first location to just take eSports wagers.

‘There’s plenty for me perso “ESports Wagering Now Fully Recognized Under Nevada Law, Gov. Sandoval Signs Parimutuel Bill” の続きを読む

Bay Area Native Tom Hanks Upset Over Oakland Raiders’ Proceed to Nevada

Bay Area Native Tom Hanks Upset Over Oakland Raiders’ Proceed to Nevada

Celebrated A-lister Tom Hanks is certainly one of America’s most cherished Hollywood talents.

He’s entertained moviegoers for many years, but in terms of his entertainment that is own claims he won’t be tuning in for Raiders football games once the franchise relocates to Las Vegas.

Once the Oakland Raiders relocate to Las Vegas, expected to occur in 2020, don’t look for Tom Hanks regarding the sidelines.

There’s no crying in baseball, as Hanks’ character Jimmy Dugan so memorably said in ‘A League of the Own,’ but when it comes to soccer and Hanks’ beloved Raiders, apparently there is.

Appearing at a fundraiser in san francisco bay area to support local education, Hanks told attendees he’s going on a two-year moratorium from viewing the NFL following the Raiders jump town for las vegas. Raised and born in the Bay Area, Hanks attended Skyline tall School in Oakland, that is just five miles from where the Raiders have actually played their games since 1995.

While Hanks was on-hand to raise cash for education, plus they did to the tune of over $500,000, the celebrity also took time for you educate those around him on why the Raiders moving to Nevada is wrong.

‘You cannot just take the Silver and Ebony, put them within an air-conditioned dome in the desert, make them use artificial change within a stone’s throw regarding the fountains of Caesars’ Palace, and call them the Raiders,’ Hanks opined, as reported “Bay Area Native Tom Hanks Upset Over Oakland Raiders’ Proceed to Nevada” の続きを読む

Maryland Casinos Don’t Help Education as Promised, State Comptroller Says

Maryland Casinos Don’t Help Education as Promised, State Comptroller Says

Maryland casinos were authorized by voters in 2008 on the grounds that the tax that is generated from legalizing commercial gambling would be primarily utilized to fund education programs. But that promise, according to state Comptroller Peter Franchot (D), isn’t being kept.

Fifty-eight percent of voters supported the ballot referendum in 2008 to amend the state’s constitution and legalize slot machines at five privately owned video gaming venues. a referendum that is further in 2012 to include a sixth facility, and allow table games at the gambling enterprises.

State Comptroller Peter Franchot says taxation revenue stemming from Maryland casinos isn’t being earmarked as the voter-approved 2008 constitutional referendum dictated.

The ’08 amendment posed to residents explained a vote of support ‘authorizes hawaii to issue up to five video lottery licenses for the primary purpose of raising revenue for education of children in public areas schools, prekindergarten through grade 12, public school construction and improvements, and construction of capital projects at community universities and higher training institutions.’

But approaching nine years since Marylanders backed gambling, Franchot states the scheme ‘was basically a lie.’

‘It was a crass, cynical effort to dupe people,’ Franchot told Baltimore’s FOX affiliate this week. As comptroller, Franchot is Maryland’s chief monetary officer and accountable “Maryland Casinos Don’t Help Education as Promised, State Comptroller Says” の続きを読む