In the middle of every difficulty lies opportunity. —Albert Einstein |
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9th October 2017 | SHARE THIS | ||||
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The Story | |||||
Like a player in the Monopoly board game, Absolute Poker’s Scott Tom served a week in a US jail before he was allowed to go home to his home in Antigua. |
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Seven days? Are you serious? |
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The very peculiar prison term was given by US Magistrate Judge Barbara Moses. Moses reportedly did not feel that Tom had actually served any time in jail during the booking process. However, Tom’s lawyer James Henderson challenged this by saying that there was no precedent to support Moses’ proposition. |
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The decision bummed Tom out. |
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Tom apparently expected a different outcome, having bought a non-refundable ticket to Antigua. But he was told by Moses that he’s not leaving the U.S. that easily. |
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But Moses wasn’t entirely hard on Tom. |
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Moses spared Tom the requirement of supervised release, meaning that upon completion of his seven-day sentence, Tom would have no continuing obligations other than payment of the $300k forfeiture. |
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Takeaway |
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With Tom finally off the hook, this leaves former PokerStars owner Isai Scheinberg as the only one of the 11 individuals indicted on Black Friday to have yet to reach some kind of accord with US prosecutors. |
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John McAfee: ‘Worldwide phenomenon’ Bitcoin frightens governments |
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In this interview with CalvinAyre.com, technology pioneer John McAfee explains why Bitcoin users have nothing to fear, except for government that are trying to stop people who use cryptocurrencies—even though they cannot. |
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Wynn Macau in hot water for possible smoking ban violation | |||||
Wynn Macau is under investigation for possibly violating Macau’s smoking ban for failing to put up “no smoking” signs in an area in its property. |
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UK bookmakers prepping GPS-based in-race betting technology | |||||
UK betting operators are prepping the rollout of in-play horserace betting thanks to global positioning system (GPS) technology. |
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US Supreme Court to hear sports betting oral arguments on Dec. 4 | |||||
The U.S. Supreme Court has set a December date for New Jersey’s appeal of the nation’s federal betting ban. |
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Frederick W. Smith, the founder and CEO of FedEx, saved his company by gambling in Las Vegas. He took FedEx’s last $5,000 to Sin City and won $27,000 while gambling on blackjack, paying for the company’s $24,000 fuel bill. |
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In engaging in a relatively new industry, one must be a leader. Leaders must come together and just see the opportunity to grow an industry properly—take care of customers and stakeholders and help them to be successful so growth can continue. |
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The SBC Awards provides the perfect Christmas party in London |
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Don’t miss the SBC Awards, the annual celebration for everyone involved in the sports betting industry. The event will be held at The Artillery Garden in London on December 5. |
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Congratulations to Klaus Holse for being appointed as a member of the board of Better Collective! Holse previously served as President of Microsoft for Western Europe and current CEO of SimCorp. |
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Want to be a guest contributor? Email [email protected] |
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