gambling
Jay-Z & Fanatics Brand Bid To Expand Into Sports Gambling
HipHopWired Featured Video Source: Kevin Mazur / Getty Jay-Z continues to diversify his business portfolio. It has been revealed that he and Fanatics have their sights on the sports gambling category. As spotted on Forbes Magazine some of the reasoning why the Rap legend had recently invested into the sports memorabilia brand is starting to unfold. Apparently Fanatics intends the expand their services and will hope to offer betting in the near future. According to paperwork filed with the New York State Gaming Commission, Hov has submitted documentation applying for his license. The application lists him as Vice President of Fanatics Betting & Gaming with his long time friend and partner Michael Rubin as Chief Executive. “We’ve realized we have this incredible opportunity…to reall...
Activist asks court to compel Kano, others to refund VAT generated from alcohol
An Abuja-based activist, Sesugh Akume, has filed a suit before a Federal High Court in the nation’s capital, asking it to compel states that outlawed the sale of alcohol to refund the sums received through Value Added Tax imposed on alcoholic beverages. About 12 states practise Sharia law in Nigeria. They are Kano, Kaduna, Katsina, Kebbi, Sokoto, Borno, Yobe, Jigawa, Bauchi, Gombe, Zamfara and Niger. Based on Sharia law, some of the states prohibit the sale of alcoholic beverages and usually hold public events where bottles of alcoholic drinks are destroyed while gambling is also illegal. However, all the states receive VAT collected from alcoholic beverages sold in other states that permit the sale of the product. In an originating motion brought pursuant to Section 1(3), 4(5), 162(3), (4...
Man paraded naked as punishment for Facebook post
Police have arrested five brothers after a man was paraded naked in the streets allegedly in punishment for a social media post. India Police spokesman, Hirendra Chaudhary, said the 38-year-old victim was kidnapped on Tuesday by the brothers, assaulted and made to walk 45 minutes around the western town of Khambhaliya with no clothes on. “An investigation revealed that the victim… used to do Facebook live videos on regular basis. “On Sunday, in a Facebook Live video (the man) made serious allegations against the five brothers and claimed that they were involved in criminal activities”, Chaudhary said The brothers were charged with illegal confinement, assault, use of criminal force with intent to dishonour person, criminal conspiracy, obscenity, and other offences. Local police said that t...
Sure Bet: Notorious Gambler Michael Jordan Joins DraftKings As Investor & Board Member
Source: Ross Kinnaird / Getty DraftKings just leveled up by bringing the GOAT, Michael Jeffrey Jordan, into the fold. Wednesday (Sept.2), the sports betting company announced the retired NBA Hall-of-Famer, Michael Jordan is coming on board as an investor and board member. While surprising, the addition of Jordan makes sense because Chicago Bull legend was known as a notorious gambler during his playing days, and that was once again highlighted in the excellent Netflix/ESPN sports documentary, The Last Dance. The size of Jordan’s investment in the company is unknown. In the statement from the company, it was revealed that as a sitting board member, MJ will be helping with company strategy, product development, equity and belonging, marketing, and diversity. Speaking on Jordan’s addition, Dr...
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