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The action moreover alleges that Masselli utilised a further $93,000 to pay legal bills associated with an ongoing federal criminal court matter while furthermore handing over $17,000 to fund his son’s tuition at George Washington University. New Jersey Attorney General Gurbir Grewal declared that Masselli had erroneously led the unsuspecting investors to believe that he was “a savvy businessman” that had “a long and successful track record in the online gambling industry.” “Today’s allegations make clear that this was nothing more than a million-dollar fraud and that Masselli used investors’ hard-earned money to finance his own extravagant lifestyle. The complaint filed by the Bureau of Securities is simply the latest step in our effort to protect New Jersey’s investors and crack down on financial fraudsters.” Paul Rodriguez, Acting Director for the New Jersey Division of Consumer Affairs, detailed that the action is seeking “restitution for the defrauded investors” as well as “penalties against Masselli and other defendants.” Rodriguez’ statement read: “This wasn’t a case where defendants diverted a small portion of investor funds for their own use. We allege that nearly every dime the defendants took in from investors was funneled into their own accounts and they helped themselves to the money as if it belonged to them. They, like other similarly situated defendants, will now pay the price for living the high life on the backs of defrauded investors.” Niji has been in the writing industry for well over a decade or so.

For the original version including any supplementary images or video, visit https://europeangaming.eu/portal/latest-news/2018/09/04/27348/man-charged-with-online-gambling-fraud-in-new-jersey/

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Both allow bets as small as $0.10. They both offer a comprehensive selection of props and in-play bets, too. FanDuel Sportsbook appears to be slightly more granular on the props side, while DraftKings Sportsbook offers deeper in-play options. Both book action on every point in a tennis match, for example, but only DraftKings offers pitch-by-pitch baseball betting. The “cash out” feature included in DraftKings Sportsbook will be incorporated into the FanDuel Sportbook platform going forward, too, though it is not yet live. The system essentially turns every bet into an in-play bet, allowing customers to collect an adjusted payout before the result is decided. Similarities aside, the two products diverge in some noteworthy ways. Live-scoring visualizations embedded into the desktop platform represent the shiniest FanDuel-exclusive feature. As data technology has grown more robust, these gamecasts have become a legitimate way to “watch” a game without actually watching the game. Soccer visualizations, for example, draw a line for every pass in real time.

For the original version including any supplementary images or video, visit https://www.legalsportsreport.com/23401/fanduel-sportsbook-soft-launch-new-jersey-sports-betting-app/

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