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News Roundup
This is a roundup of news and other interesting pieces that I’ve come across over the last few days. Manhattan could soon have three new casinos, splitting payments with PayPal, Amex referral issues, a system called matched betting could be guaranteed cash, and new $3 billion sports arena and casino project in Las Vegas.
A Casino Atop Saks? Lobbyists Push for Manhattan Gambling Site
A Monaco-style casino atop Saks Fifth Avenue, across the street from St. Patrick’s Cathedral. A gambling den with East River views, alongside a popular wedding venue. A Hard Rock casino in the center of Times Square. In the next several days, as part of state budget negotiations, Gov. Kathy Hochul and legislative leaders may well hash out a deal that could authorize three casino licenses for the New York City area.
Many lawmakers and lobbyists in Albany believe that two of the licenses are likely to be awarded to MGM and Genting, which operate the two so-called racinos — horse racetracks that have been refashioned as casino-like properties, albeit without games like blackjack or roulette — in Yonkers and Queens, which already employ thousands of union members.
PayPal Now Allows Splitting Payments Between Two Cards
Seems like this option to split payments with PayPal is now available at most places where Paypal is accepted. It’s working at Walmart, Target, and many more. Quite a useful new option for draining prepaid cards, finishing spend requirements, etc.
Think You Are In Amex Refer A Friend Jail? Don’t Panic (Yet)
Earlier this month, around the time Amex introduced elevated Amex Platinum and Gold offers and new referral bonuses, some people noticed they could no longer refer from some of their Amex cards. This may have more to do with how Amex is targeting their referral offers than anything else, but it’s not clear just yet.
The Can’t-Lose Betting Strategy That’s Taking the Gamble Out of Sports Gambling
A system called matched betting could make you tens of thousands of dollars harvesting intro bonuses and free bets from online sportsbooks. Use a promo offer to bet on one team to win a game, and then hedge the bet by wagering a mathematically precise amount of cash on the other team. This system could guarantee a predictable, risk-free profit, no matter which team wins. And you could keep at it for as long as sportsbooks continued to offer more giveaways.
New $3 billion sports arena and casino project in Las Vegas
Las Vegas’ sports scene is about to get more crowded. Sports executive and entrepreneur Tim Leiweke’s Oak View Group, one of the largest stadium and arena developers in the world, announced Wednesday it has acquired 25 acres in Las Vegas and plans to build a $3 billion sports and entertainment district.
The location is situated about ten minutes from the Las Vegas strip near the Interstate 15 and I-215, and adjacent to the new high-speed rail station. Leiweke says his group plans to build a 20,000-seat arena with a hotel and casino. The arena alone is expected to cost $1 billion.