Federal Grand Jury Likely to Bring Charges Against Daily Fantasy Sports

DraftKings and FanDuel could soon have to criminal charges if Florida prosecutors file a motion to work, a likely outcome of the rumored federal grand jury.

A federal grand jury in Florida is rumored to be hearing testimony from prosecutors on why charges should be brought against daily fantasy sports (DFS) operators in breach of current legislation.

The Middle District of Florida of the usa Attorney’s Office has not confirmed the proceedings, but Daniel Wallach, a prominent gaming counsel in the sun’s rays State, tweeted late last week, ‘Federal investigation into DraftKings, FanDuel scandal reportedly starts in Florida.’

The development doesn’t suggest the two leading DFS platforms are on test, being a jury that is grand role would be to determine whether federal prosecutors have sufficient proof and explanation to create charges.

District Attorney in control

The prosecution making its case for charges while the defense is absent, the 16 to 23-member panels return overwhelmingly favorable verdicts for district attorneys because of the one-sided nature of a federal grand jury.

In 2010, just 11 of this 162,300 juries that are grand to come back an indictment.

The legislation frequently cited with DFS is the illegal Internet Gambling Enforcement Act of 2006 (UIEGA), a bill that has a loophole DraftKings and FanDuel are presently using that allows their games to carry on because of their labeling of contests as a ‘skill.’

But UIEGA isn’t the legislation Floridians regarding the jury that is grand allegedly hearing. Instead, they’re listening to the merits of DFS as it relates to the Illegal Gambling Business Act of 1970 (IGBA).

Very Long prior to the Web came into homes across the national country, IGBA was enacted to become a companion law towards the 1961 Wire Act and help states enforce laws with regard to interstate gambling.

IGBA could end up being the many measure that is effective bringing appropriate action against DFS businesses.

IGBA stipulates that not just companies and owners can violate its statutes, but also employees for the companies, a key component as last week it was revealed a DraftKings employee won $350,000 on FanDuel.

No Scandal Here

DraftKings and FanDuel are inundating televisions for months with their persistent commercials, but the daily fantasy sports marketplace is now getting press for free, albeit negative.

The DraftKings employee, convicted by the media of utilizing insider information to win big on FanDuel, has raised concern that is much politicians and legal analysts.

For customers, the worry isn’t as great, and the alleged ‘bad press’ is actually leading to more powerful revenues for DFS.

SuperLobby, a Kayak or Expedia for the DFS industry as it finds the most readily useful competitions for your re search criteria, reports $43.6 million in entry fees had been collected for assured award pool tournaments over the weekend, its richest two-day period in history.

Some video gaming pundits have called the debate the end for DFS, but marketing professionals, attorneys, and marketing experts feel otherwise.

‘ The problem is that everybody has a partnership with these businesses,’ Bob Dorfman of Baker Street Advertising told Adweek. Dorfman thinks DraftKings and FanDuel’s notable partners such as the NFL, Bing, ESPN, among others, have a lot of invested to discontinue the endeavor in totality.

For the present time, it seems federal prosecution and cheating suspicions aren’t enough to decrease sports fanatics from testing the emerging fantasy frontier that is daily.

Wynn Las Vegas Ready for Tonight’s First Democratic Debate

The first Democratic debate will be hotly contested, because the five leading candidates for the 2016 party ticket have much to say, and much to show. (Image: outsidethebeltway.com)

Wynn Las Vegas will host a different types of game tonight, as the bets will likely be all about whom can outhink, outalk, and outsmart each other in the bid for the Democratic nomination for president associated with United States.

The first democratic debate will take destination in only a matter of hours, when at 5:30 pm Pacific Time (8:30 pm Eastern), Hillary Clinton and her four challengers convene in the Encore Theater at Wynn Las Vegas in order to make their case to US liberals on which candidate is best qualified to lead the party into the 2016 election that is presidential. CNN is airing the debate live.

Sen. Bernie Sanders (I-Vermont), the second-highest candidate that is polling will stand right to the former Secretary of State and First Lady’s right. Former governors Martin O’Malley (Maryland) and Lincoln Chafee (Rhode Island), along with former Virginia Senator Jim Webb, round out the five podiums.

Should Vice President Joe Biden decide to enter the fray minute that is last a sixth spot will likely be added.

The economy, Donald Trump’s spectacle, and Hillary’s emails are all probable topics of discussion, gambling laws, especially how they relate to the growing popularity of daily fantasy sports (DFS), could be brought up as well, considering the event’s location while guns and gun control, Planned Parenthood.

Longtime CNN host Anderson Cooper will serve as moderator.

Where They Stay

Advocates for the freedom to gamble whether online or at land-based venues want to know where each candidate stands. While some of today’s debaters have actuallyn’t clearly stated their gambling views, some tips about what we know:

Clinton: In 2006, then-Senator Hillary Clinton voted in benefit of the Unlawful Internet Gambling Enforcement Act (UIGEA), a bill that effectively made online gaming illegal. However, she did help a study in 2008 to investigate how Internet wagering might be properly controlled, and it is Hillary that is extremely doubtful would the Restoration of America’s Wire Act (RAWA).

Sanders: The longest-serving Independent in US history that is congressional Sanders also voted for UIGEA. The democratic socialist responded to queries regarding iPoker in 2011 by saying that his ‘mind is not yet made up.’

O’Malley: The 61st governor of Maryland adamantly opposes online gambling and poker, saying the marketplace takes revenues away from brick-and-mortar establishments and hurts state-run lotteries (No gambling there, Governor. What?)

Webb: Since he served in america Senate from 2007 to 2013, Webb wasn’t forced to vote on any federal gambling statutes. He has largely kept his viewpoints on gambling to himself.

Chafee: probably the many supportive gambling prospect regarding the ticket that is democratic. Chafee pushed for casino expansion in Rhode Island he was a US senator while he served as governor, and also skipped the UIGEA vote in 2006 when.

It’s Showtime

For yesteryear few months, the GOP candidates, mainly Donald Trump, have really overshadowed the Democratic campaign trail. That wasn’t necessarily unwelcomed, as Hillary has defended questions associated with her handling of Benghazi, but the party finally takes center stage tonight.

Although it might appear a tad ironic that the debate will be held at Steve Wynn’s property, considering the billionaire is serving being an unofficial consultant to Trump, the mogul explained his decision to host the event as being just a patriotic move to make.

‘The staff of Wynn Resorts … is a team of great diversity representing every race, gender, sexual orientation and governmental philosophy,’ Wynn said in a statement. ‘To have the privilege of being intimately involved in the American political procedure by hosting this debate is a moment of great pride.’

Of program, it also can’t be bad publicity for his kingpin Las Vegas property, taking into consideration the enormous global watching audience expected for tonight’s premiere debate that is democratic.

Much is on the line for the five applicants, four of whom are trying to gain ground, whilst the fifth, or even more accurately the first, is vying to maintain her standing atop the competition. It will certainly be a no-holds-barred contest.

Intercourse Tape Extortion Plot Involves Mystery High-Profile Las Vegas Company Mogul Embroiled in $200,000 Blackmail Case

Pay to play sex tape extortion plot: a prominent Las Vegas businessman was blackmailed by having a intercourse tape, according to court public records, but simply who’s he? (Not the guy in this generic photo, that’s all we understand). (Image: sasorg.co.uk)

A sex tape extortion plot that’s just emerged reads like a high-profile Las Vegas businessman who’s made some questionable choices which have come back to bite him into the derriere.

Except this plot is because real-life as they come, no matter if numerous of the tale’s details are increasingly being kept under wraps by court order to protect…someone.

The tale goes that a particular married Las Vegas mogul fell victim to an extortion that is alleged after he was filmed sex with a stripper.

The case has been granted a silly court decision that prevents his name from being made general public, presumably because he is so high-profile, it would blow significantly more than his marriage apart. But we could only speculate on that right part, of course.

While the rest of us are left dying of interest as to the identity of the effective captain of industry who made his bed and quickly messed it up in every way imaginable, his so-called blackmailer and tormentor, Ernesto Joshua Ramos, was indicted this week on fees of a solitary felony count of ‘use of a facility of interstate communication to promote extortion.’

In layman’s terms, that means Ramos used a telephone and made a call demanding money. Allegedly.

Stripper Gets Biggest Tip Ever

According to court papers seen by the Las vegas, nevada Review-Journal, (but curiously no other Las Vegas-based media outlet), the victim was a nevada strip club where he engaged in personal dances with an unnamed exotic dancer, sometimes tipping her $10,000 a throw. The girl was, in fact, allegedly Ramos’ girlfriend, and you may probably see where this is royal casino vegas certainly headed already.

In October 2014, the person, whom we shall now call ‘Mr. XXX,’ took the stripper for a business journey, laying on a first- course flight admission for her while he took his private company jet to avoid suspicion. He provided her roughly $7,000 in ‘running around’ money during the trip and the pair had sex, according towards the aforementioned court documents.

30 days later, Mr. XXX allegedly began receiving furious texts from someone accusing him of sleeping with his gf and ruining their life. Later, a text appeared with a video clip of said high-profile businessman and the stripper en flagrante connected.

‘ This isn’t gonna go away ’cause of who you are,’ warned the texter (allegedly), who also said he would tell the businessman’s wife, adding, ‘I’m sure her stomach shall strike a floor as mine did.’

Ensuing alleged threats vowed to post naked photos of our hero that is mysterious on. Mr. XXX at this point called within the FBI and ‘fessed up, according to your unfolding court records. Evidently fear of losing cash to extortion is greater than fear of a massive, messy divorce drama, or so that it would seem.

Ensure It Is Rain, Then Explain

Acting regarding the advice of this feds, Mr. XXX agreed to satisfy the blackmailer that is alleged to discuss the situation. Apparently Mr. Ramos has never watched a single crime drama on television, or he might have smelled a rat here.

It was reportedly then agreed between the two events that Mr. XXX would buy the evidence that is incriminating $200,000. Due to the fact rest of us who have watched a crime drama or two in our time could surmise, what happened next was that Ramos was quickly arrested by the FBI whenever he attempted to select the money up.

This story has it all: otherwise-brilliant-but-foolish-in-the-hormone-department businessman (check); blackmail (check); exotic dancer (check); personal jet (check); jaw-dropping court case (check). All it does not have is a title. But one thing’s for yes, Mr. XXX is a big deal. A BIG deal. No, a REALLY BIG DEAL.

The prosecution and the defense both signed an agreement to protect Mr. XXX and his family from ‘unnecessary psychological harm and emotional distress.’ Even information that is routine such as the age or whereabouts of the alleged perpetrator Ramos, who happens to be free on his own recognizance, has been sealed up tighter than the usual summer house in Nantucket come the winter.

As for our target, we know nothing except, that he is a muckymuck of muckymuckable proportions as we said. Apparently.

Casino owner…nightclub mogul…media magnate? Your guess is really as good as ours. But it’s difficult to imagine in this time that nobody will leak any details on this kind of high-profile and sordid case at some point, so we will wait, along with you, our dear readers, for money to talk, because it so frequently does…especially in Las Vegas, Nevada.