PA Sports Books Accept $348M in Wagers in Jan.

(LAS VEGAS) — A record-setting January pushed Pennsylvania’s online and retail sportsbooks past $100 million in lifetime revenue. But even with a strong start to the

New Year, Pennsylvania still has much ground to gain to catch New Jersey and Nevada as the largest sports betting markets in the country, according to

PlayPennsylvania.com

.

“Pennsylvania’s momentum is growing, and January shows that the state’s sportsbooks can sustain it even as the NFL season winds down,” said Dustin Gouker, lead analyst for

PlayPennsylvania.com

. “Pennsylvania will likely remain the nation’s No. 3 market for the foreseeable future. But it is becoming clearer that it will one day challenge Nevada and New Jersey as the largest legal sports betting market in the U.S.”

Pennsylvania’s sportsbooks accepted a record $348.4 million in wagers in January, breaking the $342.6 million record set in December up dramatically from $32 million in January 2019, according to official data released Wednesday. $308.6 million, or 88.6%, of the state’s January handle came online.

January’s bets produced a record $31.6 million in gross revenue — up from $17.5 million in December. That produced $7.78 million in state taxes. With January’s gains, Pennsylvania’s sportsbooks have now generated $116.4 million in gross revenue since launching in November 2018.

Pennsylvania is still well behind New Jersey, which generated a handle of $540.1 million in January, and Nevada, which is expected to post a January handle of around $500 million. Pennsylvania’s $30.7 million handle for February’s Super Bowl was third behind Nevada ($154.7 million) and New Jersey ($54.2 million), another sign of the Keystone State’s current place in the sports betting pecking order.

“The opportunities for growth are abundant for Pennsylvania,” Gouker said. “Its population base is a huge advantage. Infrastructure issues have slowed the state’s development. But the industry is unquestionably getting past its growing pains.”

The gap between the top two online sportsbooks appears to be narrowing. FanDuel Sportsbook at Valley Forge Casino remains the market leader with $153.1 million January bets, down from $154.5 million in December. That yielded $8.1 million in taxable revenue, up from $7 million. But DraftKings at The Meadows grew to $58.7 million in January from $35.9 million in December. That produced $2.8 million in taxable revenue, up from $732,883.

DraftKings and FanDuel were followed by:

Rivers Philadelphia ($28.4 million in handle, down from $30.6 million in December; $2.2 million taxable revenue, up from $1.1 million)

Rivers Pittsburgh ($25.8 million in handle, down from $28.3 million in; $1.7 million revenue, up from $1.3 million)

Parx Casino ($21.3 million handle, down from $25.5 million; $2 million revenue, up from $779,529)

Fox Bet at Mount Airy ($15.4 million handle, down from $16.4 million; $1.3 million revenue, up from $312,658 in revenue)

Unibet at Mohegan Sun Pocono ($4.8 million handle, down from $6.1 million; $126,879 revenue, up from -$31,744)

Presque Isle Downs ($1.2 million handle, up from $129,556; $44,717 revenue, up from $28,700)

The online market could soon get a shakeup. Penn National Gaming announced that it has acquired a significant stake in Barstool Sports and with it, a recognizable brand for its online casino and sportsbook that will presumably launch later this year.

“DraftKings has been aggressively marketing itself in Pennsylvania, and it is making some headway in its attempt to catch up with FanDuel. But it still has a long way to go,” Gouker said. “Meanwhile, the expected launch later this year of the Barstool-branded online casino and sportsbook will add intrigue to a market that has been predictably controlled by the two most recognizable brands in online sports betting.”

The retail market was led by Rivers Philadelphia’s $7.4 million handle, down from $7.7 million in December. That yielded $1.1 million in revenue, up from $590,177. Rivers Philadelphia was followed by:

Parx ($6.7 million handle, down from $7.5 million; $875,269 revenue, up from $572,416)

Rivers Pittsburgh ($6.7 million handle, down from $7.5 million; $791,877 revenue, up from $518,743)

South Philadelphia Race and Sportsbook ($3 million handle, down from $3.3 million; $501,515 revenue, up from $328,651)

Harrah’s Philadelphia ($3 million handle, even with December; $219,597 revenue, up from $123,799)

Valley Forge Casino ($2.9 million handle, down from $3.6 million; $391,012 revenue, up from $107,145)

Hollywood Casino at Penn National Race Course ($2.6 million handle, down from $3.2 million; $180,249 revenue, up from $112,277)

Presque Isle ($2.3 million handle, down from $3 million; $281,753 revenue, down from $217,870)

Mohegan ($1.9 million handle, down from $2.6 million; $137,702 revenue, down from $257,956)

Oaks Race and Sportsbook ($973,451 handle, down from $1.2 million; $97,394 revenue, down from $65,949)

Mount Airy ($732,813 handle, down from $814,931 handle; $81,793 revenue, up from $73,692 in revenue)

Online casinos continue growth

Online casino games and poker generated $14 million in January gross revenue, up from $10.6 million in December. That yielded $3.4 million in tax revenue for the state.

More importantly, the roster of online casinos grew to seven in January. FanDuel/Valley Forge Casino made a big splash with its debut on Jan. 24, generating $2.1 million during the remainder of the month. FanDuel was followed by the launch of BetAmerica less than a week later.

“The online casino market should get a real jolt from FanDuel’s entrance,” Gouker said. “Integrated within FanDuel’s market-leading sportsbook app, the FanDuel Casino is ideally positioned to leverage its success as a sportsbook into success as an online casino.”

More from January’s report:

Rivers-Philadelphia led the online casino market with $3.5 million in revenue on $146.4 million in wagers. Revenue was up from $3 million on $181.5 million in bets in January.

Mount Airy/PokerStars, the lone online poker operator in the state, generated $2.2 million in January. That is more than the $1.8 million New Jersey’s online poker room generated in January, but still shy of the all-jurisdiction record $3.4 million that New Jersey claimed in January 2014.

Poker helped fueled Mount Airy/PokerStars to $3.5 million in revenue, about the same as December.

For more information on the revenue generated by Pennsylvania sports betting, visit

www.playpennsylvania.com/revenue

.

Moody\’s Investor Service Upgrades DRPA Bonds

DRPA’s solid metrics in recent fiscal years and management’s tight control over costs boost credit rating

“DRPA has focused over the last few years on improving governance and management practices,

focusing on core operations and successfully eliminating outstanding variable debt and swaps from its debt profile at the end of 2018. Some of the more recent management initiatives include the upgrade of SAP Enterprise Resource Planning (ERP) System to SAP HANA, the development of an asset management system and improved focus on maintenance, and the creation of a new department focused on strategic initiatives.”

-Moody\’s Investor Service

On February 4, Moody’s Investor Service (Moody’s) upgraded all of the DRPA revenue and port district project (PDP) bonds from A2 to A1. The Authority is extremely proud and excited about this recognition, as this is another important external validation of all the hard work performed by our

Board

, our staff, and our

Citizen’s Advisory Committee (CAC)

who have worked with the community and other stakeholders over the past decade to improve our finances. We’ve contained costs, restructured our debt and eliminated our swap exposure, invested in maintenance and capital projects, and more recently, in technology to support our strategic vision and mission. As a result, the Authority is at its strongest level in over 20 years.

Our financial fundamentals and results are very strong – and they have been for several years. What’s different this time is Moody’s view of DRPA/PATCO management, including the Board and staff. Under the heading Management and Governance, the Moody’s credit report states:

In addition, Moody’s cited the following strengths supporting the rationale for the upgrade, including:

Very strong liquidity; good cost control;

Solid historical financial metrics;

A manageable

5-year capital program ($810 million)

;

No plan for toll increases or any new bond debt in the immediate future; and

Positive changes in our debt structure, especially the elimination of variable rate debt and the interest rate swaps (December 2018).

While Moody’s did cite some specific “credit challenges,” we are confident our strategic focus will help us to maintain these new ratings. We believe that including the “Days Cash Outstanding” metric in the financial summary reported monthly to the Board (as suggested by the Board) will be important in our approach to monitoring and responding to the credit challenges.

The collaboration among our Board, staff and the CAC has been instrumental in our achieving this important milestone in our journey toward financial and operational excellence.

The essential guide on how to understand and excel an engineering course

Gloucestercitynews.net(February 20, 2020)–Engineering is among the careers that are most respected in the world. It provides for a fulfilling journey that involves creativity, innovation and most often, attractive salary packages. There are several branches of engineering that one can choose to follow, for example, electrical engineering, civil engineering, computer engineering, and many others. Regardless of the field of engineering one picks, the course is filled with complex math and scientific principles all through the learning journey. Therefore, it is important for one to work out a

foolproof plan to guide him or her through the course of study

. Although the uphill task of complex projects and assignments has been solved by websites that provide

engineering homework help

, the following are simple useful tips to guide engineering students in understanding engineering courses and to succeed in their academic careers.

1. Find people who inspire you, learn their ways and routines

If you are interested in a specific engineering discipline, find people who have been successful in the industry and make them your idols. You can easily find out information on them from the internet, not just about them but for just about any other prominent person in that specific field. Use the internet to look into what\’s helped these people and their organizations become so successful. Then emulate their good traits in your personal, academic and professional life. You will be surprised how much inspiration you can get by just studying these people.

2. Involve yourself in as many projects as possible

Try to participate in every experiential learning opportunity that your schedule allows. This way, you\’ll get to learn something unique with every experience. You will also have more to show your examiners during your final year projects, not to mention the portfolio you will already have to present to your potential employers when you graduate, unlike other students who will only be able to list their coursework. In addition, you\’ll be far more likely to master the knowledge you\’ve been getting in classes because you\’ll be applying it and, in the process, boosting your communication and interpersonal skills.

3. Learn the value of networking

When it comes to excelling on campus, whom you know and interact with is almost as important as what you gain in class. Attend several other lectures on your campus and introduce yourself to the lecturers. Familiarize yourself with your school\’s alumni association to get a list of alumni from your field of study to find those who may wish to connect with you. You can make use of E-mail, use LinkedIn or other social media tools to connect online. However, remember there’s no substitute for a traditional, face-to-face meeting, it is always the best.

4. Work in teams

Whether it\’s a class project of creating a solar-powered car, participating in a sport, or writing essays for the school paper, get involved with your peers because most things require a team effort to produce great results. Throughout your career after graduation, you\’ll work in teams, so the skills you develop in school will help prepare you to lead teams when you graduate.

5. Seek informal leadership roles within your class

You\’re always a leader, whether you\’re officially in charge of the members of your group school project or not. It sounds counterintuitive, but you can lead from any position in a team by influencing how people work together and how they make decisions. You will learn how to recognize and deal with various situations from any position in a team, you\’ll be seen as a leader even when you take on your first job or internship. The obvious advantage of taking leadership positions is that you will always be the first to receive any information from the institution or your lecturers. You will be better suited to enjoy more resources from the class.

6. Identify your flaws and correct them

As with any course majors, engineering students need improvement. If you are part of a group, try to create a way to get feedback from your peers, group leaders, and professors. When you have concrete feedback on how you are faring, you can work to improve your academic grades and even other skills including communication and leadership. Furthermore, you\’ll learn how to receive and give constructive criticism. That\’s absolutely necessary for your future career.

7. Take a business class

As a student engineer, it\’s not enough for you to be technically proficient. You need to learn to be business savvy. A business class will also help you read and understand organization charts, you will know how to negotiate contracts, and be familiar with other functions that every engineer needs to know. This will also help you in the future to understand what to do when an accountant, lawyer, or manager gets in the way of your work. A business course will definitely take you a long way.

8. Take a design class

The world of engineering goes way beyond problem sets, laboratories, and complex theory. You may need to take a visual design course to learn to represent ideas graphically. You can supplement the design topics in your coursework by taking a cognitive science course to learn how to interpret the engineering problems in the world and understand them better. While you are at it, you can take a literature course to develop your knowledge and which will help you write and communicate more effectively.

9. Make your holidays productive

Lecturers place tremendous value on practical experience when making student assessment s to grade them. Ensure you seek out internship opportunities actively and early in your academic career. Try to demonstrate through your internships a series of evolving learning experiences; also use the internships to build your portfolio of actual projects you are involved in. Students who can show a commitment to using their summer to continue to learn are always viewed more seriously by lecturers and future employers

10. Pick the right company

As an undergraduate student, you might feel alone when confronted with hard decisions about the courses to take, or even balancing school work and your personal life. You won\’t feel alone if you develop a healthy circle of friends. Just as a company has a board that guides the organization, you can stock your friends\’ list with peers from your engineering class or other academic fields to act as a support structure for you. You can as well as have former teachers and knowledgeable family friends to also be there for you during your academic career.

image courtesy of unsplash.com

Catholic Relief Services’ (CRS) Rice Bowl

PHILADELPHIA, PA–For the 45th consecutive year, the Archdiocese of Philadelphia will kick-off Catholic Relief Services’ (CRS) Rice Bowl, the nationwide Lenten program that provides people of all ages with ways to put their faith into action through prayer, fasting and almsgiving.

Friday, February 21, 2020

11:00 a.m.

Our Lady of Hope Food Pantry (Rectory Basement)

5200 North Broad Street

Philadelphia, PA 19141

Most Reverend John J. McIntyre, Auxiliary Bishop of Philadelphia, will preside over this year’s Rice Bowl blessing and kick-off.  In addition, Ms. Anne H. Ayella, CRS Diocesan Director, and Ms. Maureen McCullough, CRS Regional Director and Ms. Ella Guimond, CRS Relationship Manager will be joined by Mr. James Amato, Secretary for Catholic Human Services, and Ms. Lizanne Hagedorn, Executive Director of Nutritional Development Services, in offering remarks regarding Rice Bowl’s impact locally and globally.

Through CRS Rice Bowl, participants are invited to devote their Lenten prayers, fasting and alms to change the lives of those who suffer in poverty. Lenten alms donated through CRS Rice Bowl support the humanitarian response and development programs of CRS in nearly 100 different countries each year. Twenty-five percent of all donations to CRS Rice Bowl benefit Nutritional Development Services of the Archdiocese of Philadelphia (NDS) supporting hunger and poverty alleviation efforts locally.

79-Year-Old Man Pleads Guilty to Stealing Millions from Moorestown Employer

MOUNT HOLLY, NJ (February 19, 2020)–Burlington County Prosecutor Scott Coffina announced that a 79-year-old Hainesport man pled guilty today in

Superior Court to stealing more than $2.5 million over a 14-year period from the Moorestown company where he was employed as an accounting manager.

Under an agreement with the Prosecutor’s Office, Charles Esposito pled guilty to Theft by Deception (Second Degree) and Failure to Pay State Income Taxes (Third Degree) in exchange for an aggregate seven-year sentence in New Jersey state prison. The Hon. Christopher J. Garrenger, J.S.C., scheduled sentencing for September 11.

Esposito has already repaid more than $190,000 of the stolen funds, but still must make restitution in the amount of $2,328,516.44. He must also file several years of amended state and federal income tax returns.

Officials at the company, Oldcastle BuildingEnvelope, began to investigate in April 2019 after concerns were raised about a hand-written check for $18,500 that had been signed by the defendant and contained another signature that appeared to have been forged.

The ensuing investigation revealed that Esposito was able to circumvent Oldcastle BuildingEnvelope’s accounting systems, namely the check issuance and invoice procedures, to divert more than $2.5 million for his personal gain. He is accused of conducting 243 fraudulent transactions between 2005 and April 2019.

Esposito is being prosecuted by Assistant Prosecutor Andrew R. McDonnell, supervisor of the BCPO Financial Crimes Unit. The investigation was conducted by the Moorestown Township Police Department and the BCPO Financial Crimes Unit, with assistance from the New Jersey Division of Taxation. The lead investigator was Moorestown Township Police Detective Donald Brauckmann.

The Father of the Boy Who Shot Himself Charged

Andrew Mack

MOUNT HOLLY, NJ (February 19, 2020)–Burlington County Prosecutor Scott Coffina and Pemberton Township Police Chief David H. Jantas announced that the father of a 4-year-old boy who died earlier this month from an accidental self-inflicted gunshot wound in the family’s Browns Mills home has been charged in connection with the death.

Andrew Mack, 31, was charged with Endangering the Welfare of a Child (Second Degree) and Storage of Firearms if Minors May Have Access (Disorderly Persons).

Mack is scheduled for a first appearance in Superior Court in Mount Holly tomorrow afternoon. The case will then be prepared for presentation to a Burlington County Grand Jury for possible indictment.

Emergency medical technicians and officers from the Pemberton Township Police Department were called to the family’s home on Maricopa Trail just after 7 p.m. on February 7 and discovered Lincoln Mack with a gunshot wound to his cheek. He was transported to Capital Health at Deborah – Emergency Services, where he was pronounced dead at approximately 8 p.m.

The investigation revealed that Andrew Mack was asleep in a bedroom with a loaded 9mm handgun next to him on the bed when Lincoln came into the room and took the firearm. Lincoln then went into another room where he had been playing with this younger sister and shot himself in the face.

“The death of Lincoln Mack was a tragedy, and it was made all the worse by the fact that it was entirely avoidable,” Prosecutor Coffina said. “Our deepest sympathies are with the Mack family and all of those who loved Lincoln, however, the defendant must be held accountable for not securing his firearm.”

Both of Lincoln’s parents were inside the home at the time of the shooting, as were two siblings.

The incident was investigated by detectives from the Burlington County Prosecutor’s Office and the Pemberton Township Police Department. The lead investigators are BCPO Det. Erica Ridge and Pemberton Township Police Detective Tom Lucas.

All persons are considered innocent until proven guilty in a court of law.

GOV. WOLF CALLS FOR BAN ON ALL GHOST GUNS

By Dave Fidlin |

The Center Square

HARRISBURG PA–A Pennsylvania policy less than a month old pertaining to the background requirements needed in the sale of so-called ghost guns remains on ice following a state judge’s recent ruling.

Judge Kevin Brobson of the Commonwealth Court issued a preliminary injunction Jan. 31 to state police on selling partially manufactured gun frames after reviewing a case filed by four petitioners: Firearms Policy Coalition, Landmark Firearms, Polymer80 and U.S. Rifle.

“The crux of this case is a perceived change in the Pennsylvania State Police’s interpretation of the term ‘firearm’ within the context of the Uniform Firearms Act,” Brobson wrote in

a memorandum opinion

.

Democratic Gov. Tom Wolf, meanwhile, called for an outright ban on ghost guns in his budget proposal unveiled this week, along with a host of

other gun control measures

.

“I know there is no law that can eliminate every act of gun violence,” Wolf said during his budget address. “But the steps I\’m proposing are supported by the evidence and supported by the vast majority of Pennsylvanians. We can pass them tomorrow.\”

Brobson, throughout his 17-page analysis, expressed concern with the state police’s policy around the partially manufactured gun frames, which have been used to make actual rifles and pistols.

The injunction came weeks after state policy issued guidance to gun dealers on how background checks should be performed when sales of ghost guns are transacted. The devices are also referred to at times as 80-percent receivers because they are near, but not at, completion.

Brobson in his opinion said he agreed with the petitioners’ assertions the state police policy, as written, is ambiguous.

“Petitioners have taken the stance that their unfinished receivers do not meet the (Uniform Firearms Act’s) definition of firearm,” Brobson wrote. “Some level of additional effort – e.g. drilling, filing, sawing, etc. – is required for these unfinished receivers to become fully functioning receivers.”

In rendering his decision, Brobson in his opinion also said he looked at the state police’s interpretation of the term “firearm” against the backdrop of the UFA.

“In general, the UFA defines a firearm as ‘any weapon, which is designed to or may readily be converted to expel any projectile by the action of an explosive or the frame or receiver of any such weapon,’” Brobson wrote.

He added, “While, at first blush, this may appear straightforward, the UFA does not contain definitions of the terms ‘frame or receiver,’ ‘designed to’ or ‘may readily be converted to.’”

Brobson’s injunction is the latest in a series of legal maneuvers that have tested the definition of what constitutes a firearm.

In December, Attorney Gen. Josh Shapiro, a Democrat, gave his own legal opinion on the ghost guns policy, giving state police the authority to develop a policy for background checks.

In his opinion, Shapiro stated in his legal guidance ghost guns could be viewed as firearms because the unassembled frames could eventually lead to the outcome of an actual firearm through such actions as expelling a projectile.

With Shapiro’s guidance in play, state police adopted their policy, which called for the gun dealers to use the state’s gun-purchase background check system for the ghost gun sales, in lieu of an alternate online system.

published by The Gloucestercitynews.net with permission of

The Center Square

Diocese of Camden Food Drive March 22

Event details

March 22, 2020

All Day

Here in South Jersey, 1 in 6 people, and 1 in 5 children, suffer from food insecurity, which means they might not know where their next meal is coming from. In response, the Diocese of Camden organizes  the annual FaithFULL Food Drive.

Low-Life Hoodlums Throw Fireworks at Home of 94-Year-Old Brooklawn Resident

Fireworks explode in front of  Yvonne Spadora\’s home in the 100 unit block of Chestnut Street, Brooklawn. According to police the fireworks were thrown from two moving vehicles. (image courtesy of

FoxNews29)

by CNBNews Staff

BROOKLAWN, NJ–(February 19, 2020)–Long-time Brooklawn resident

Yvonne

Spadora was the victim of mean spirited hoodlums, according to

FoxNews 29 report

.

Surveillance video (see below) shows two explosions outside of Mrs. Spadora around 10PM Saturday, February 15. The  94-year-old woman, who was asleep at the time of the incident, has lived in her Brooklawn

residence

since 1957.

According to police, the fireworks were thrown from two moving cars.

Brooklawn police said the explosions started a fire in a bush outside of Spadora\’s home. Police woke up Spadora as a neighbor used a hose to put out the fire.

“After I knocked on the door, it was hard for her to even get to the door, so if the house caught on fire God forbid anything could have happened to her. We were just seconds away from a catastrophe,\” Brooklawn Police investigator Raymond McKenney said.

Police said they think one of the cars is a dark color Dodge Charger. Police don\’t believe Spadora was targeted.

If you have any information, please contact investigator Mckenney at 856-456-0750, ext. 171 or email rmckenney@brooklawnpolice.com Tips may also be submitted anonymously at 856-456-0750, ext. 180 or via email at tips@brooklawnpolice.com.

TO VIEW SECOND VIDEO CLICK HERE