Feds Pick Up 7.2M from Sporting News

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I'm surprised that there was no mention of the settlement by Sporting News with the Federal Gov't in the amount of 7.2M for advertising illegal gaming on their Internet, print, and websites from 2000-2003. This Article appeared Saturday in the New York Post. This was a result of the company continuing to advertise and promote offshore shops 11 months after they were warned in writing by the gov't. Oddly, they paid 4.2M in the form of a fine, and the remaining amount will be used by SN in the form of public service ads dissuading people from gambling over the Internet or via phone. I wonder what effect, if any, this will have on other sites, or advertising venues owned by US Corporations or citizens that continued advertising offshore operations after they were warned to cease and desist. I also assume that this settlement will cause many advertising mediums to reconsider their plans for next season.
 

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The Attorney's office put out a press release on Friday, but on a day the stock market was getting smoked so I can't say I am surprised it slipped through the cracks. Still remember to most of the public this is a non-issue. Vulcan probably made more money printing those ads than they have to pay so they aren't going to make too much noise about it.

What it might do is convince media outlets in the god awful backwards shithole of Missouri to get out if they dare offend the ghost of John Ass-croft.
 

CURATOR / MEMBER EMERITUS
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I just can't believe how all such legal actions haven't yet been struck down as infringing on free spech, or even under rights to conduct business / earn a living.
 

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Sporting News Radio

There has been lot's of talk that Sporting News Radio could be folding up their tent soon. They tried to sell it over a year ago but the buyer backed out of the sale and sued SNR because they were told SNR had over 400 affiliates and when they added it up they had less than 200 actual affiliates. They just don't show up in the arbitron ratings. You can't get much money from advertisers when nobody is listening.
 

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Paul Allen owns SNR. With the cash he has, i doubt he would just fold up the tent.
 

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Sportingnews settled - it was thought at the time Paul Allen prefared to avoid the negative press... $7M to him is a penny to me...

-Sean
 
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Sean- Sorry old thread, I was looking for the creator of this thread to see if he got picked up yet.
 

Triple digit silver kook
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Damn, I was afraid this was going to happen. I wasnt aware this happened months ago. Not at all a good sign. CNBC advertises Bodog...I wonder if those ads have been pulled. Trader magazine advertises Sportsbook.com as does many other magazines.

I thought after the first time I saw an online sportsbook advertisement in a magazine, eventually the feds would come after them.

You guys who want to paint this picture as all roses and nothing else should instead take a deep breath and discover reality.

Will fantasy leagues involving money at sporting news also be deemed illegal?
 

LA Clippers Junkie
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DAWOOFDADDY said:
Damn, I was afraid this was going to happen. I wasnt aware this happened months ago. Not at all a good sign. CNBC advertises Bodog...I wonder if those ads have been pulled. Trader magazine advertises Sportsbook.com as does many other magazines.

I thought after the first time I saw an online sportsbook advertisement in a magazine, eventually the feds would come after them.

You guys who want to paint this picture as all roses and nothing else should instead take a deep breath and discover reality.

Will fantasy leagues involving money at sporting news also be deemed illegal?

This was last football season when this thread started...if anything, advertising outlets have grown since then.
 

There's always next year, like in 75, 90-93, 99 &
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The US government is the world's most dangerous mafia.
 

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