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Poker Pro Wins 1 Million on Fanduel
Tuesday October 14,2014 : POKER PRO A BIG FANTASY SPORTS WINNER
A million for Matt.
Professional poker player Matt Smith showed last week that he has the ability to make big wins in tournaments other than poker when he scored a million dollar victory in a fantasy sports competition.
Fantasy sports, legal in most states, is a rapidly growing phenomenon that is attracting huge numbers of punters frustrated by the antiquated sports betting bans active in all but four US states.
Market leaders like FanDuel and DraftKings are reporting ever-burgeoning revenues as daily rather than long-tern tournaments and promos take place.
The winning action for Smith took place on DraftKings, where a "Millionaire Maker" tournament saw the poker pro come out tops over a field of almost 92,400 contestants to claim the million dollar prize. By accruing points through the right selection of players in his fantasy choices, Smith triumphed.
And he wasn't the only big-name poker pro in the competition - top and poker coach player Brian Hastings also enjoyed a good finish, perhaps proving the theory that poker and sports betting are closely associated.
DraftKings marketers say the company is to run further big money tournaments in the near future, where punters can invest a buy-in of $200 for a chance to win up to $100,000.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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