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"Online Casino Wants to Buy Blues"

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Old
07-06-2005, 03:23 PM
  #1
Ri hards
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"Online Casino Wants to Buy Blues"

Didn't see a topic on this, and it's just too good to let slip.

http://www.tsn.ca/nhl/news_story.asp?id=129742

My favorite part has got to be "based in Trinidad"

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Old
07-06-2005, 03:59 PM
  #2
GKJ
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International expansion anyone?

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Old
07-06-2005, 04:03 PM
  #3
N.Y. Orangeman
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Clearly, this is a publicity stunt.

There is no way in hell any major league would allow a gambling concern to own a franchise.

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Old
07-06-2005, 04:05 PM
  #4
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Quote:
Originally Posted by Cletus_the_Pig_Fetus
My favorite part has got to be "based in Trinidad"
You haven't seen all the 20/20 and dateline shows devoted to off-shore gambling sites? It's nothing unusual

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07-06-2005, 04:05 PM
  #5
MojoJojo
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Quote:
Originally Posted by N.Y. Orangeman
Clearly, this is a publicity stunt.

There is no way in hell any major league would allow a gambling concern to own a franchise.
If its legal, why not? Money is money.

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Old
07-06-2005, 04:29 PM
  #6
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Quote:
Originally Posted by MojoJojo
If its legal, why not? Money is money.
Its a gambling firm for crying out loud, would you want to be represented by a gambling firm, its not good for the sport, Im sure a non-gambling company can buy the Blues.

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Old
07-06-2005, 04:33 PM
  #7
Dr Love
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Quote:
Originally Posted by Cletus_the_Pig_Fetus
My favorite part has got to be "based in Trinidad"
It's just a PR stunt. Golden Palace always gets some scrub boxer to get their named tatooed on their back and stuff, it's just a way to get more people to know about them. And it'll work.

Trinidad? Bah. Tyco is based in Bermuda!

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07-06-2005, 05:17 PM
  #8
Plager05
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Quote:
Originally Posted by Dr Love
It's just a PR stunt. Golden Palace always gets some scrub boxer to get their named tatooed on their back and stuff, it's just a way to get more people to know about them. And it'll work.

Trinidad? Bah. Tyco is based in Bermuda!
Read the article.

I hope the Blues don't get bought by someone who just wants them for their "business model"

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Old
07-06-2005, 05:29 PM
  #9
blah
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Quote:
Originally Posted by N.Y. Orangeman
Clearly, this is a publicity stunt.

There is no way in hell any major league would allow a gambling concern to own a franchise.
Don't the Maloof Brothers own a casino?

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Old
07-06-2005, 05:33 PM
  #10
Dr Love
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Quote:
Originally Posted by Plager05
Read the article.
I already did. Did you?

Quote:
I hope the Blues don't get bought by someone who just wants them for their "business model"
They don't. They're saying that their model allows them to buy a team, not that it necessitates buying one.

"We are one of the few online casinos that don't allow any wagers on sports events, and that is because our business model has always anticipated us buying a sports team in the U.S.


What is your point, on both accounts?

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Old
07-06-2005, 06:25 PM
  #11
txomisc
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Don't the Maloof Brothers own a casino?
They sure do

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Old
07-06-2005, 06:26 PM
  #12
txomisc
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Quote:
Originally Posted by Cletus_the_Pig_Fetus
Didn't see a topic on this, and it's just too good to let slip.

http://www.tsn.ca/nhl/news_story.asp?id=129742

My favorite part has got to be "based in Trinidad"
Whats it say about a world where an online casino could possibly have enough money to buy an nhl team. Who the hell is wasting away money on online casinos?

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Old
07-06-2005, 10:32 PM
  #13
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Jagr?

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Old
07-06-2005, 11:28 PM
  #14
blah
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Quote:
Originally Posted by txomisc
They sure do
The Palms right, IIRC they also have sportsbetting minus Kings games. I don't see why there's a big deal about an online casino buying the Blues. Especially considering they don't offer sports betting.

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Old
07-06-2005, 11:49 PM
  #15
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Quote:
Originally Posted by cjbhab
Its a gambling firm for crying out loud, would you want to be represented by a gambling firm, its not good for the sport, Im sure a non-gambling company can buy the Blues.
Mike and Marian Illitch own the Red Wings, Detroit Tigers, Little Ceasers Pizza, and a Detroit casino.

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Old
07-06-2005, 11:51 PM
  #16
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Quote:
Originally Posted by txomisc
Whats it say about a world where an online casino could possibly have enough money to buy an nhl team. Who the hell is wasting away money on online casinos?
Gambling addicts too ashamed to go to the real casino and lose money in front of people.

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Old
07-07-2005, 01:23 AM
  #17
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Quote:
Originally Posted by Newsguyone
Gambling addicts too ashamed to go to the real casino and lose money in front of people.
I think convenience as opposed to shame is the prime motivator for most of their customers.

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Old
07-07-2005, 01:58 AM
  #18
coppernblue
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i know the NFL has some sort of stipulation that an owner can not have any gambling ties, they look to be the only league with this in place
as the illitch's own both the tigers (mlb) and the wings
and the maloofs own the kings (nba)

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Old
07-07-2005, 02:04 AM
  #19
syc
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Quote:
Originally Posted by txomisc
Whats it say about a world where an online casino could possibly have enough money to buy an nhl team. Who the hell is wasting away money on online casinos?
I've seen a bunch of players deposit over $20K at a time. 2 Years ago the online gambling was the most profitable online industy by a large margin. I think it was 4 times larger then porn. With the rise in poker popularity your talking about tens of billions a year in profits.

100 Million for an NHL team is petty cash to the big guys.

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Old
07-07-2005, 07:44 AM
  #20
arnie
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Quote:
Originally Posted by N.Y. Orangeman
Clearly, this is a publicity stunt.

There is no way in hell any major league would allow a gambling concern to own a franchise.
Oh yeah? Some of the NHL owners also own racetracks. The NHL is encouraging the Penguins to get a slots license. The NHL obviously has no problem at all mixing hockey with gambling.

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Old
07-07-2005, 06:43 PM
  #21
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Quote:
Originally Posted by blah
The Palms right, IIRC they also have sportsbetting minus Kings games. I don't see why there's a big deal about an online casino buying the Blues. Especially considering they don't offer sports betting.

Actually, they're not allowed to have betting on any NBA games, which I'm sure really hurts their sportsbook (For most Vegas sportsbooks, the NBA [and even the NHL] don't make up much of their business. It's NCAA football and basketball, the NFL and horse racing that's their bread and butter.).

Honestly, I wouldn't be surprised if the Maloofs try to add an NHL franchise in the future, either in Sacramento or Las Vegas.

As for this online casino interested in the Blues, at least Golden Palace hasn't jumped in to the fray. I guess they're too busy buying Pope Benedict's car, Britney Spears' home pregnancy test, and toasted Virgin Marys to bid on the Blues.

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