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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."
MPN Poker Tour Malta Day 1A -
The MPN Poker Tour has returned to Casino Malta this week, with a €150,000 guaranteed €500 + €50 Main Event running alongside a full complement of side events, parties and activities.
€8 million mobile jackpot win on Mega Moolah -
Mega Moolah was hit on Tuesday 25 April 2017 by a Tipico player playing on their mobile device, just over a month after a €6.6 million jackpot was collected in March. The pay-out of €8,012,153.35 is the largest mobile jackpot win in history, superseding Microgaming’s pay-out in August 2016 of €7,968,311.26.
NHL Odds: Young Oilers Face Veteran Ducks in Round Two -
Game Two in Anaheim (10:30 PM ET on NBCSN) features the first and second ranked teams in the Pacific Division during the regular season, with only two points separating them. The Oilers edged the Ducks 3-2 in regular season games, outscoring them by a slim 14-12 margin. This series will be close, and Game Two will decide who has the edge heading back to Edmonton.
Americas Card Room Online Super Series Starts Now -
The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).
New Quick Seat feature at Ignition Poker -
New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.
Finnish people prefer the government to run the casinos -
Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.
NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 -
The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?
Caesar’s Triumph Slot Launches -
Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.
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