Gambling News 11th March, 2017

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BHARARA SAYS HE WAS FIRED BY TRUMP ADMINISTRATION (Update)

11th March, 2017 at 20:45:53
Clarity on position of Black Friday federal prosecutor.

The mystery over whether the US Attorney for the Southern District of New York, Preet Bharara, is to remain in post or go with other US Attorneys asked to resign by the Trump administration (see previous report) was resolved Saturday when Bharara tweeted that he had been fired after he failed to submit his resignation.

Full Story: Bharara Says He Was Fired By Trump Administration (update) »

JAKARTA POLICE BUST ONLINE GAMBLING OPERATION

11th March, 2017 at 07:26:29
Taiwanese nationals accused of running the enterprise from an upmarket housing complex.

Police in the Kapuk Muara district of Jakarta, capital of the Republic of Indonesia, have reported shutting down an illegal online gambling operation in a raid Friday.

Full Story: Jakarta Police Bust Online Gambling Operation »

BETFAIR BREAKS EVEN IN NEW JERSEY

11th March, 2017 at 07:26:29
Profitability in sight as licensed online partnership with Golden Nugget prospers and US television assets grow.

The post-results press conference following the release of Paddy Power-Betfair's FY-2016 report recently (see previous report) revealed the interesting news that Betfair's US operations are doing well, and that its online casino partnership with Golden Nugget in New Jersey has reached EBITDA break-even following a 39 percent rise in revenue, and will soon be profitable.

Full Story: Betfair Breaks Even In New Jersey »