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Mark Cuban Predicts Online Gambling is the Future
Tuesday January 5,2016 : N.B.A. OWNER PREDICTS A MORE LIBERAL APPROACH TO U.S. GAMBLING IS 'INEVITABLE'.
Mark Cuban is investing in VR and eSports.
Mark Cuban, shrewd multi-billionaire investor and owner of the NBA's Dallas Mavericks franchise, offered some interesting predictions in an exclusive interview with Fortune this week, revealing that he is an eSports fan, believes the legalisation of gambling in the United States is inevitable, and has invested in virtual reality.
His investments in these fields include virtual reality firm Virtuix Omni, mixed reality company Magic Leap, and eSports up-and-coming corporate Unikrn over the past few years.
Whilst he has faith in the future of VR, Cuban opined that 360-degree livestream video will have relatively little impact on NBA competitions over the next two years, pointing out that the advanced cameras needed have some way to go in terms of development before they meet the front row experience expectations of the public.
Talking about his interest in eSports company Unikrn, Cuban observed that the genre is delivering explosive growth and that gambling is possible in over a hundred countries, making for a sound investment. The billionaire has actually competed in eSports charity contests on League of Legends and says it is great fun.
Fortune asked for his view on eSports overtaking the NFL in terms of fans, given that current analyst predictions are that there will be 335 million eSports fans, mainly in the young demographic, globally active by 2017.
"I think the NBA will work with our partners to extend our games into the eSports world," Cuban said. "There is a lot of room for us to grow there."
He added that fantasy sports has made watching NBA games more exciting and fun for many people, and expressed the hope that "....the stupidity and hypocrisy in a few (US) states will be cleared up in the courts shortly."
Asked for his perspective on the current fantasy sports situation in the United States, and the legalisation of sports betting in general, Cuban said that sports betting legalisation was inevitable
"It will take some time for the courts to overcome the grandstanding by a few district attorneys, but once that happens I think we will see a slow but sure availability of gambling across the country," he opined.
"The bottom line is that it will create needed tax revenue that states will want."
$75K Win on Mobile Slot @ CafeCasino -
Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.
2017 Punta Cana Poker Classic Results -
The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.
NHL Odds: Winnipeg Jets vs. Minnesota Wild -
Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.
Historic weekend at Americas CardRoom -
ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.
WPN Affiliates Headed to Berlin Affiliate Conference -
With the Berlin Affiliate Conference just over a week away, WPN Affiliates is making a bold statement. The online poker affiliate network announced that they are eager to buy traffic and ready to make deals with affiliates looking to capitalize on some big innovations.
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