Baffling moments in gambling, you state? What?

As top gambling journalists, it is not our job to be baffled; it’s our task to cut through the problems with razor-sharp reviews and observations.

Sometimes, though, you merely have to throw your hands in the fresh atmosphere and go WTF? With that in mind, here are the top five many baffling gambling moments of 2015.

CSIG Rhetoric

The Coalition to Stop Internet Gambling CSIG) is an expert at churning out baffling statements, and in 2015, these may have hit their zenith. The coalition subscribes to the ‚it’s-true-because-it-rhymes‘ brand of rhetoric, and thus phrases such as ‚click your phone, lose your house‘ and the variation that is slightly zingier your mouse, lose your house,‘ went down gangbusters at anti-gambling cocktail parties in 2010.

Representative Jason Chaffetz‘ (R- UT 3rd District) assertion that RAWA is just a pro-states‘ rights bill, despite all evidence to the contrary, was pretty ‚out there‘ in the bafflement stakes, we thought. And meanwhile, John Kindt, a teacher at the University of Illinois Law class, was keen on quoting a scholarly research from 1999, the times of dial-up Internet, as evidence that ‚Internet gambling can not be regulated.‘

Finger on the pulse here, Professor.

However, the award for the baffling that is most CSIG statement of the season goes to a ’news‘ header on the company’s internet site which screamed ‚Online Gambling Hurts Farmers.‘

The logic of why this demographic is particularly at danger is lost on us, and we understand CSIG is not averse to resorting to the use of emotive language to make an intellectually dishonest point or two, but farmers? The correlation that is only might make was that spades might be utilised by farmers to dig things, so there you go.

The Daily Fantasy Sports Scandal

The daily fantasy sports (DFS) scandal ended up being pretty odd when you contemplate it. DFS continued its unstoppable rise throughout the first nine months of the season, with the most notable two web sites, FanDuel and DraftKings, securing vast sums of dollars in investments as the multibillion dollar industry started mulling international expansion and eventual world domination.

With all this at stake, you may have thought that someone at the two kingpin businesses would have remembered to prohibit their players from taking part in games at rival sites.

Nope.

DFS became thoroughly unglued at the conclusion of September, when it emerged that a DraftKings employee had accidentally released player data prior to the week’s NFL games had begun. In identical week, this employee won $350,000 playing at FanDuel.

Accusations of ‚insider trading‘ were possibly overblown, and the employee was fundamentally cleared of wrongdoing, but the public’s faith in DFS was shaken, and suddenly the industry was attacks that are facing all fronts, from player lawsuits to judicial investigations to denouncements from regulators and politicians.

Beware the Ides of March

That Caesars Entertainment’s debt appears at an unprecedented industry high of around $20 billion ended up being an undeniable fact that baffled the Nevada Gaming Commission at a gathering to discuss its messy bankruptcy proceedings this present year.

The Commission called the problem ‚embarrassing,‘ and suggested that the ongoing company refrain from ‚building any Ferris wheels for a while‘ to chuckles from assembled people for the press.

‚Everyone tosses the economy underneath the bus,‘ snapped commission chairman Tony Alamo testily.

In searching for Chapter 11 proceedings because of its main operating unit, Caesars is accused by its second lien creditors of restructuring its assets in an easy method that unfairly favors its controlling private equity backers, who were the inventors that got Caesars in this mess within the place that is first.

Faced with lawsuits and accusations of fraudulent behavior, Caesars devised a restructuring plan that is new. Now the company is charged with the task of getting its smaller bondholders on board. The due date for this is March 15 of next year, after which Caesars will totally lose control over its own bankruptcy proceedings.

Shakespeare scholars among you will recognize this date because the one known as ‚the Ides of March‘ in the Roman calendar and the day that is fateful of Caesar’s assassination by his former supporter, Brutus.

Who’d have thought that a bankruptcy judge would have this type of wicked sense of humor?

There were many baffling moments this present year, we’d to make this piece a two-parter, so come back tomorrow for more gambling that is bewildering moments from 2015.