A wealthy Malaysian businessman has asked a federal judge to set aside his misdemeanor conviction in a scheme prosecutors say illegally wagered millions of dollars on World Cup soccer from luxury suites at Caesars Palace.
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I’m not sure even the gutsiest bookmaker would take a bet on it, but the current bad news for daily fantasy sports companies could eventually be very good news for Las Vegas and the rest of the gaming industry.
New York’s attorney general said Tuesday daily fantasy sports was illegal gambling and ordered the popular websites DraftKings and FanDuel to immediately stop accepting wagers in the state.
Two bills backed by the Nevada sports betting industry that could lead to an increase in the $3.9 billion already wagered annually in the state’s sports books were signed into law by Gov. Brian Sandoval.