LAS VEGAS — An online poker company facing severe legal troubles says it has made a deal with the Department of Justice toward repaying deposits from players.
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Frank Mercadante Jr. likes to wager on college football; it doesn’t really matter who is playing. He’ll bet $20 or $30 on a regular-season game, sometimes he’ll place $50 on the outcome of Bowl Championship Series bowl game.
If predictions are correct, this Sunday’s game between the Pittsburgh Steelers and Green Bay Packers will have a nongaming economic impact of $85.6 million locally, while sports books estimate a handle of $88 million to $90 million.
With National Football League owners threatening to lock out players next season if a new collective bargaining agreement isn’t reached by a March deadline, sports books in Las Vegas are bracing for a financial hit.