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Stony Brook Computer Science Professor Designed an Algorithm for Jai Alai Betting System
Cliff Spiller Cliff Spiller

Stony Brook Computer Science Professor Designed an Algorithm for Jai Alai Betting System

Steven Skiena, a Computer Science professor at Stony Book University, recently gave an interview on the Odd Lots radio show on Bloomberg about his sports betting system. Computer professors do not normally talk to economic publications about gambling, but Dr. Skiena has a remarkable story. The professor built a model

Former Dallas Cowboys Running Back Joseph Randle Gambled on Sports in 2015
Cliff Spiller Cliff Spiller

Former Dallas Cowboys Running Back Joseph Randle Gambled on Sports in 2015

Former Dallas Cowboys running back Joseph Randle was gambling on sports prior to being waived by the Dallas Cowboys during the 2015 NFL season, according to the Dallas Morning News. The DFW newspaper cited four separate sources which said Randle "had been involved in placing wagers on sporting events during the

David Baazov Proposes a $3.13 Billion Buyout of Amaya Inc., the Parent Company of Pokerstars
Cliff Spiller Cliff Spiller

David Baazov Proposes a $3.13 Billion Buyout of Amaya Inc., the Parent Company of Pokerstars

Amaya Inc. says it has received a non-binding proposal from its CEO, David Baazov, to purchase the company for C$21 per share. If accepted, the proposed value of the deal would be C$4.39 billion, which is $3.13 billion in American dollars. That value is based on a fully diluted share

Storms from El Nino Unearth a 1936 “Sin Ship” Crash along the California Coast
Cliff Spiller Cliff Spiller

Storms from El Nino Unearth a 1936 “Sin Ship” Crash along the California Coast

Storms caused by El Nino have unearthed a "party ship" which crashed on the California coast in 1936. The ship, named the SS Monte Carlo, was a anchored off the coast for San Diego for years. The SS Monte Carlo was the casino cruise ship of it day, though it

Illegal Betting Ring Which Used Terror Tactics Is Busted after a Brave Citizen Comes Forward
Cliff Spiller Cliff Spiller

Illegal Betting Ring Which Used Terror Tactics Is Busted after a Brave Citizen Comes Forward

An illegal gambling ring set up by a former USC Trojans football player is alleged to have used terror tactics against its victims. Some of the tactics used include mailed videos of beheadings, as well as photos of the desecration of the grave sites of victim's deceased family members. The

British Bookmakers Install Donald Trump as Even-Money to Win the Republican Nomination
Cliff Spiller Cliff Spiller

British Bookmakers Install Donald Trump as Even-Money to Win the Republican Nomination

British bookmakers have adjusted their betting odds on whether Donald Trump will win the Republican Party's nomination for president. In the newly published odds at Ladbrokes, Donald Trump is now even-money to win the nomination. A person can bet $10 to receive $10, plus their initial stake. Ladrokes also has

Atlantic City’s Finances Placed in State Guardianship by Gov. Christie
Cliff Spiller Cliff Spiller

Atlantic City’s Finances Placed in State Guardianship by Gov. Christie

Gov. Chris Christie announced this week that Atlantic City is going to have its finances turned over to the state guardianship for the next 5 years. The plan was announced in conjuction with New Jersey State Senate President Stephen Sweeney and AC Mayor Don Guardian. The three men agreed that

Bankruptcy Judge Warns Caesars He Could Convert Their Reorganization Case to Chapter 7 Liquidation
Cliff Spiller Cliff Spiller

Bankruptcy Judge Warns Caesars He Could Convert Their Reorganization Case to Chapter 7 Liquidation

Caesars Entertainment has been warned that a US bankruptcy judge might force the casino company to begin liquidation proceedings if Caesars continues on its present course of action. If a judge ordered such proceedings, Caesars Entertainment might have to divest itself of assets controlled by the parent company and not

Washington Post Runs Story on Donald Trump’s Use of Junk Bonds for Trump Taj Mahal
Cliff Spiller Cliff Spiller

Washington Post Runs Story on Donald Trump’s Use of Junk Bonds for Trump Taj Mahal

Donald Trump threatened to sue The Washington Post if it ran a story on his junk bond dealings with the Trump Taj Mahal. The Post ran a story on Monday which told the story, which showed Donald Trump saying one thing and doing another. The story also belies Trump's narrative

Carolina Panthers Open as a 5.5 Point Favorite over Denver Broncos in Super Bowl 50
Cliff Spiller Cliff Spiller

Carolina Panthers Open as a 5.5 Point Favorite over Denver Broncos in Super Bowl 50

According to the Westgate SuperBook, the Carolina Panthers are early favorites to win Super Bowl 50, which is set to take place at Levi's Stadium in Santa Clara, California on February 7, 2016. The next two weeks are the biggest betting event of the year for Las Vegas SportsBooks, who

Yu Darvish Cleared of Wrongdoing by Major League Baseball after Gambling Probe
Cliff Spiller Cliff Spiller

Yu Darvish Cleared of Wrongdoing by Major League Baseball after Gambling Probe

Major League Baseball has cleared Texas Rangers pitcher Yu Darvish of any wrongdoing in the illegal gambling case of Yu's brother, Sho Darvish. The probe into a possible gambling connection between the two brothers was initiated in response to Shu Darvish's arrest in October 2015 by Japanese authorities. Sho Darvish

Brian Sandoval Calls on “Gaming Policy Committee” to Discuss Potential DFS Bill
Cliff Spiller Cliff Spiller

Brian Sandoval Calls on “Gaming Policy Committee” to Discuss Potential DFS Bill

Nevada Governor Brian Sandoval is calling a Gaming Policy Committee meeting for the first time since 2012 to discuss daily fantasy sports and other iGaming issues. The governor of Nevada calls such meetings rarely and the resulting discussions tend to be substantive. The 2012 meeting was used to discuss implimentation

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Ian Pelz Winning the Gladiators Event

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Kerber and Patricio Take Tag Team Gold in Brazilian WSOP Classic

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The WSOP Risks Brand-Suicide If It Fails To Payout The Millionaire Maker Champion And Runner-Up

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