Latest news with #EdwardKnight
New York Post
a day ago
- Sport
- New York Post
Little League denounces anyone betting on its World Series games
Gambling content 21+. The New York Post may receive an affiliate commission if you sign up through our links. Read our editorial standards for more information. It's an official statement to those breaking the law. Little League Baseball, the non-profit organization that runs its World Series tournament, condemned those who bet on the competitions involving 10- to 12-year-olds. 'While Little League International continues to monitor the complexity and ever-evolving world of sports betting, we feel strongly that there is no place for betting on Little League games or on any youth sports competition,' it said in a statement issued Thursday. 'Little League is a trusted place where children are learning the fundamentals of the games and all the important life lessons that come with having fun, celebrating teamwork, and playing with integrity, and no one should be exploiting the success and failures of children playing the game they love for their own personal gain.' Betting on the Little League World Series is illegal in the U.S., but that hasn't stopped offshore sportsbooks like Bovada and BetOnline from doing so. The Southeast Region team from Lake Mary, Florida celebrates after beating the Asia-Pacific Region team from Taoyuan Ciy, Chinese Taipei 2-1 to win the Little League World Series Championship Game. Getty Images BetOnline has offered Little League World Series odds for the past four years. 'The Little League World Series is an exciting tournament that our customers absolutely love to watch, and we get requests from them every year around this time to offer odds,' BetOnline brand manager Dave Mason said in a statement, via USA Today. 'This will probably be shocking to hear, but we'll take more bets on these Little League games than we will on any professional tennis or soccer match over the next two weeks.' It's not the first time that offshore books have had issues with offering odds they shouldn't. In 2023, BetOnline offered betting on the Berlin Special Olympics with horrific results for all involved. Things got hairy when BetOnline began having a hard time declaring winners for markets as multiple contestants were declared winners and given medals – because the Special Olympics aren't about winners and losers. Despite not paying out the multiple winners and ignoring users seeking redress, Edward Knight, BetOnline Brand Manager, spun the story that the sportsbook was not trying to turn a profit at all. The South Dakota team celebrates in August 2025. AP 'Regarding the Special Olympics, our goal was never about turning a profit,' Knight told to The Post at the time. 'We aimed to create mass awareness about the Special Olympics and our pioneering introduction of odds for the World Games, which was accomplished in remarkable fashion. 'In two years, we will again offer Special Olympics odds. We will be better prepared in the grading process, and we hope this viral movement will inspire the organization to enhance the distribution of clear and comprehensive information regarding competition results.' Get the lowdown on the Best USA Sports Betting Sites and Apps BetOnline did not offer the Special Olympics for betting in 2025. Offshore books also offer wagering on high school football and many other random sporting events you can find on television. This would all be avoidable if every state legalized online sports betting, although that is much easier said than done – especially in states like California. Why Trust New York Post Betting Erich Richter is a brazilian jiu-jitsu blue belt but he has a black belt in MMA betting. During the football season he's showcased massive profits at The Post in the player prop market the last two seasons. While constantly betting long shots, his return on investment is 30.15 percent since 2022.
Zawya
08-05-2025
- Business
- Zawya
Cross-border capital flows, future of capital formation addressed at Capital Market Summit 2025
UAE: Cross-border capital flows as well as the future of capital formation in the region took center stage at the Capital Market Summit 2025, which concluded on 7 May in Dubai. The panel featured Edward Knight from Nasdaq, Sherman Lin from Taiwan Stock Exchange (TWSE), Hamed Ali from Dubai Financial Market (DFM) and Nasdaq Dubai in addition to Bahrain Bourse's (BHB) Sheikh Khalifa bin Ebrahim Al Khalifa. They explored how exchange partnerships, dual listings, and regulatory alignment are driving seamless connectivity across the US, Asia, and GCC. The panelists further highlighted the growing role for tech and AI in transforming post-trade operations and expanding investor access. The speakers also stated that from Bahrain's back-office innovation to Taiwan's ETF cross-listing momentum and DFM's surge in international investor participation, the future of capital markets is global, digitized, and collaborative. The summit also witnessed a panel discussion featuring Hitesh Asarpota from Emirates NBD Capital, Mohamed Ebeid from EFG Hermes, Rami Touma from Moel, and Andree Chakhtoura from Bank of America. The panelists shared insights on regional initial public offering (IPO) momentum moving to the second half (H2) of 2025; private credit and structured capital trends; and dual listings with the need to have the right scale and strategy. They also discussed institutional investor expectations on governance and transparency as well as the maturing capital markets ecosystem across the GCC. It is worth noting that Day 1 of Capital Market Summit 2025 witnessed different collaborations and statements, including the following: DFM collaborates with TWSE for cross-border investments AI-powered features on iVestor app by DFM Al Zeyoudi's remarks about milestones Al Marri's highlights on DFM's strategic role and government's agility
