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Gambling

Kahnawake gets a little defensive

October 4, 2016RiskingTime

http://business.financialpost.com/news/how-a-quebec-first-nation-gambling-commission-is-playing-the-long-game-by-turning-away-online-u-s-customers

Gambling

Amaya – what should investors think?

September 25, 2016RiskingTime

Amaya (symbol AYA) continues to be a leader in online gambling while global online gambling is still in its infancy. You’d think this would be good new for the AYA share price, but in fact, AYA shares are down for… Continue Reading →

Gambling, Investing

Banking Crypto-currency Games

September 22, 2016RiskingTime

The growth of Crypto-currencies are exposing all sorts of innovative ideas and putting new businesses into motion. Its difficult to keep up with so many new opportunities available for investors. Some crypto-currency investment opportunities are variations on old ideas that have… Continue Reading →

Bitcoin, Gambling

DraftKings & FanDuel, Fundamental Flaws Explained

July 26, 2016RiskingTime

Mainstream daily fantasy sports (DFS) operators such as DraftKings and FanDuel are fundamentally flawed. To understand how and why they won’t change, requires us to understand the history of DFS and how we got to where we are today. Once we… Continue Reading →

DFS

Calculating Payoffs from a Parimutuel Pool

July 11, 2016RiskingTime 1 Comment

Parimutuel betting is a wagering system in which all bets of a particular type are placed together in a pool and payoff odds are calculated by sharing the pool among all winning bets. Parimutuel betting differs from fixed-odds betting in how the final payout… Continue Reading →

Gambling gambling, parimutuel, wagering

Fantasy Sports Reborn in Nevada

June 24, 2016RiskingTime

Nevada has approved the first fantasy sports operator in the state.  This is happy news for fantasy sports enthusiasts. An increasing number of US states have created regulatory structures for fantasy sports and the developments in Nevada are being watched closely… Continue Reading →

DFS, Gambling

What is Provably Fair Gaming?

June 22, 2016RiskingTime

In the “olden days” before the internet, casinos had to demonstrate their trustworthiness to players in order for players to have confidence they were being dealt a fair game. In places such as Nevada, the state also took on this… Continue Reading →

Bitcoin, Casinos, Gambling, Risk

MGM buys half of Borgata from Boyds

June 1, 2016RiskingTime

It was announced yesterday that MGM Resorts International will buy the remaining 50 percent stake in Borgata that it didn’t already own from Boyd Gaming.  This announcement had been anticipated ever since MGM regained a license to operate in Atlantic… Continue Reading →

Casinos, Las Vegas Borgata, Boyd Gaming, MGM, mgm growth properties

Augur Prediction Markets

May 30, 2016RiskingTime

Back at the dawn of Web 2.0, concepts of wikinomics and user generated networks like wikipedia were just emerging. I was very interested in these concepts. A platform called InTrade came into existence and I started making markets on this… Continue Reading →

Bitcoin, Derivatives, Exchange Betting

Nevada Setting Sports Handle Records with Apps

May 27, 2016RiskingTime

http://www.reviewjournal.com/business/casinos-gaming/sports-betting-bright-spot-gaming-april

Gambling, Las Vegas Sports Betting

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