Pro Sports Better Adam Meyer’s Lawyer Claims Former Client is Government Informant

Pro Sports Better Adam Meyer’s Lawyer Claims Former Client is Government Informant

Adam Meyer is waiting to stand trial on many fees in a Wisconsin court that is federal the former high-stakes sports betting handicapper at first claiming through their lawyer that he had been a government informant.

Adam Meyer proclaimed for years he was ‘the sports consultant to the stars,’ the Florida-based activities handicapper routinely appearing on television to flaunt his insider knowledge and unrivaled results.

His genuine Money Sports website described Meyer as ‘the biggest star in Vegas’ whoever ‘client list reads like the front web page of range.’

‘If there is a result, Adam will show you how to make it into an earnings,’ his bio read.

Unfortunately for individuals who took Meyer through to his solutions, the outcome turned into earnings just for Meyer himself.

In December of 2014, a Wisconsin jury that is grand Meyer on six charges including cable fraudulence, racketeering, and extortion relating to a rich Fond du Lac, Wisconsin, man who claimed to have been taken for $25 million.

Meyer’s Tainted Past

At the height of Meyer’s operation, he was reportedly billing up to $250,000 for the package of betting guidelines and recommendations of games in which the fix was in. Meyer’s items would advise clients on just how to wager and which teams to pick.

He claimed to use research staff 130 strong and asserted his guidelines came with a 60 percent winnings percentage.

‘Meyer promoted his to Continue reading “Pro Sports Better Adam Meyer’s Lawyer Claims Former Client is Government Informant”

Brazil Special Senate Committee Recommends Legalizing Gambling

Brazil Special Senate Committee Recommends Legalizing Gambling

Brazil President Rousseff is dealing with impeachment as her country falls into economic despair, but gambling could arrive at her rescue.

Brazil is as soon as gambling that is again mulling, lawmakers in the cash-strapped country in the midst of economic devastation scrambling to find ways to finance the federal government without placing extra tariffs on residents.

The Senate that is brazilian Commission Regional Development and Tourism voted this week in favor of Bill 186 of 2014, legislation that would authorize up to 35 land-based gambling enterprises and enable gambling enterprises to commence operations online.

Casinos have already been prohibited in the national country since 1946.

Illegal gambling in Brazil is estimated become a nearly $5 billion industry that is annual and legislators affirm tapping into that market becomes necessary to offset a dismal financial year for the country. Moody Investors Service recently downgraded Brazil to ‘Junk Status’ citing an economy that is rapidly deteriorating ‘worsening governability.’

Public Opinion

Legalizing gambling and Web gambling enterprises seems to be described as a viable solution to make up at part that is least of the mounting spending plan deficit. Persuading residents to get behind gambling might be a more task that is difficult in other countries.

Brazilians associate gambling with corruption, many thinking the venues become nothing a lot more than uti Continue reading “Brazil Special Senate Committee Recommends Legalizing Gambling”

Daily Fantasy Sports Declared Illegal by Ny Attorney General

Daily Fantasy Sports Declared Illegal by Ny Attorney General

New York Attorney General Eric Schneiderman was amazed to learn in his investigation into daily fantasy sports that the key operators were engaged in deceptive advertising, just one of the reasons that are many’s announced the market unlawful.

Daily fantasy sports (DFS) is no more legal in nyc following an investigation by hawaii’s lead legal attorney, market leaders DraftKings and FanDuel both getting cease-and-desist letters on Tuesday.

‘Our investigation has found that, unlike traditional fantasy sports, daily fantasy activities companies are engaged in illegal gambling,’ ny Attorney General Eric Schneiderman said in a press release.

‘Daily fantasy sports is neither victimless nor harmless, which is clear that DraftKings and FanDuel are the leaders of the massive, multi-billion-dollar scheme intended to evade the legislation and fleece sports fans across the country.’

Schneiderman unveiled his office found DFS operators engaging in ‘deceptive marketing to lure customers into an unregulated online gambling operation,’ but stated that practice wouldn’t carry on his watch.

Sides Square Off

The confrontation between Schneiderman and the two leading daily fantasy operators has quickly taken an ugly and turn that is combative.

The attorney general of course initiated the quarrel, composing in his cease-and-desist letter that ‘customers are clearly placing bets on occasions outside of their control or influence,’ citing Continue reading “Daily Fantasy Sports Declared Illegal by Ny Attorney General”