The Fed Shuts Down A Survival Pool in Missouri

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For those of us who thought our cash was safe in these massive survival pools, we might have another thing coming.  The IRS paid a visit to a big pool in Missouri today and ceased all the funds.  It will be interesting to see how this one turns out.  Read more here.. http://linemakers.sportingnews.com/nfl/2012-12-20/federal-government-shuts-down-nfl-survivor-pool-irs-seizes-money  

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Bud Selig and NFL Lawyers Just Lied Under Oath

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What kind of world are we living in when the commissioners of major league baseball and the NFL openly claim they are unaware of people betting on their respective sports.  You weren’t aware that people are playing fantasy football for money!?!?!?  The New Jersey Sports betting legalization saga continues. Commissioners offer perplexing testimony in their …

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New Jersey Has No Idea What It’s Doing: League Commissioners

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Here they come again, this time with the strongest language yet against Gov Christy and his attempts to legalize sports betting in New Jersey.  According to David Stern, commissioner of the NBA, Chris Christy “has no idea what he’s doing”.  We shall see. Pro leagues, NCAA file brief against New Jersey betting law – ESPN …

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Will Zynga Emerge As A Gaming Company Or Gambling Company?

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For companies like ours, we’ve always thought that powerhouses like Zynga’s ultimate underlying business model was building audience so they could one day flip the model and play for real cash.  That’s why this week’s news about Zynga applying for a real gaming license in Vegas was no surprise.  Interesting article from TechCrunch on Sunday. …

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