Wide World Of Gambling: FanDuel Sued Over In-Game Betting, Heavy Action On Cuomo Resignation, Jordan High-Stakes Spades Game

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It was another news-filled week in the world of gambling.

In this installment of the weekly roundup from US Bets, we’re giving you a rundown of some of the more interesting new nuggets from the world of sports betting and beyond.

Also be sure to check out Sports Handle for its weekly news recap, “Get a Grip.”

Plug pulled on Knights deal with tout service

An unusual partnership between the NHL’s Vegas Golden Knights and a Mexico-based tout service was killed this past weekend just days after it was announced. A tout service sells sports betting picks, a business model that is largely frowned upon by industry insiders. The chances of making an income from sports betting are low, and are virtually non-existent through a tout service, though it advertises that the picks are winners. It’s an ethically questionable business, so not many were surprised when the deal was quickly nixed after a backlash on social media.

FanDuel sued over in-game betting claim

In a case that will likely not go anywhere, FanDuel was accused by a gambler of showing bettors more time than is actually left in games to secure more live bets on unlikely outcomes. However, some have pointed out that FanDuel doesn’t have the capability of doing this intentionally. In-game wagering is still a fledgling product, with timing issues seen across the industry.

Jordan high-stakes gambling on marathon spades game

This could be the biggest spades game in history in terms of the money at stake. According to a story retold this week by Antoine Walker, NBA G.O.A.T. Michael Jordan once played a 36-hour marathon spades game with nearly $1 million in losses, before making a comeback.

Bally’s looking to make play for U.S. online poker market

Could the likes of PokerStars and the WSOP have another rival in the fledgling U.S. online poker market? It seems like Bally’s is interested in making a play for a piece of the pie through a deal to acquire the still popular World Poker Tour brand, which exists as a membership-based online poker site. More states are looking at legalizing the popular online gambling vertical.

Intralot drawing widespread scorn for testimony in Ohio

Ohio is a high-stakes battleground right now for sports betting. There was some controversial testimony this week by lottery operator Intralot, which claimed that New Jersey hasn’t been a successful sports betting market. New Jersey is the top market in the nation.

Low expectations for former Sands casinos in Las Vegas

Las Vegas Sands is out of Las Vegas after agreeing to a more than $6 billion deal to sell its properties to Apollo Global Management. It’s a massive transaction. Some experienced casino goers aren’t looking forward to how the properties will hold up under the new owner.

Toronto newspaper to launch an online casino business

Rather than go the route of making money from the advertising side of the online gambling world, a top newspaper in Canada is looking to directly offer online gambling. It’s an unusual move that hasn’t happened in the U.S. It’s unclear if any U.S. regulator would allow it.

Heavy wagering on Cuomo leaving office in 2021

Every day seems to bring more bad news for New York Gov. Andrew Cuomo. While he said he won’t resign, gamblers on the prediction market portal PredictIt are still betting heavily on every new headline or breaking news piece that suggests he will sometime this year.

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