According to Thanh Nien News, an underground Vietnamese football betting ring with a total bet value of VND7.6 trillion ($340 million) has been taken down by Vietnam authorities.
In the world of bookmaking, one often hears the term “settling up with customers”. What exactly does this mean for the bookie?
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MIAMI -- A lot has changed in the Internet gambling industry since the last century.
Gambling online is now legal in a handful of states, with more states looking to join in every day.
Industry observers expect online gambling to be legal eventually in most if not all U.S. states.
On Tuesday, Van Smith of the Baltimore City Paper revealed a letter sent by assistant U.S. Attorney Richard Kay to the judge presiding over the case against four Bodog principals including founder Calvin Ayre, each of whom were indicted for illegal gambling and money laundering.
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Fantasy Sports was a hot topic at this week’s Global Gaming Expo with daily leagues helping to fuel sports betting.
Joe Asher, CEO of William Hill, which operates sportsbooks in Las Vegas told those in attendance that “the business is very, very healthy”.
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By far, the Green Bay Packers were the most wagered on NFL team of the day in Week 4. Their huge 38-17 victory over Chicago was also a victory for sports bettors. The bookies obviously got clobbered.
And it didn’t end there for the sportsbooks.
They were also hurt by other public favorites coming through: The Colts and Lions particularly.
Sportsbook operators and Pay Per Head businesses breathed a collective sigh of relief Sunday morning following the conclusion of work on Costa Rica’s MAYA-1 submarine cable this weekend, one of three that provide cable service to the Central American nation. More than 85% of online sportsbooks and nearly 100% of Pay Per Heads serving the North American player base are headquartered in Costa Rica.
The bookies will be cheering on Chicago big time Sunday with close to 75% of the backing on Green Bay.
Apostar en línea, como uno podría esperar, es algo bastante popular en la nación sudamericana de Chile. Si buscas en donde apostar, no busques más, la respuesta es BetCRIS.com, que ofrece sus servicios a todo el mercado Latinoamericano.
In yet another black eye for UK online gambling, BetButler.com has had its licensed revoked in that nation. As of Saturday morning, the site remained offline, though BetButler.com apparently went out of business last month.
Las apuestas en línea, como en la mayoría de países, son muy populares en Uruguay. Si buscas en donde jugar, no busques más, el lugar es BetCRIS.com, empresa consolidada cuyo mercado es el Latinoamericano.
Los que viven en Uruguay aman los deportes, en especial del fútbol.
Bookies are plentiful throughout the state of Indiana especially with Notre Dame playing so well this season to start things off. But beware, the state’s gambling enforcers have been on a crusade in recent years.
Despite getting crushed by sports bettors who were backing New England to cover against Minnesota, bookies made up for any losses with big wins by the Bears, Browns and Chargers. In all, the Patriots represented only one of seven teams with heavy lopsided action that favored gamblers.
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The Caribbean island of Antigua has fired attorney Mark Mendel, who for many years represented the tiny island in its dispute with the United States over online gambling.
It also made a new dramatic offer to the US Government for compensation awarded to it by the World Trade Organization.
PayPerHeadAgents.com has just moved into a new state-of-the-art facility and are offering a bookmaking outsourcing package that starts as low as $10 per head (*Prices vary based on service options).
PayPerHeadAgents.com is heavily pushing its online casino platform with the understanding that it is the casino that helps supplement bookie revenues.
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No more having to deal with customer accounting on a daily basis this Football season. Bookies have the Pay Per Head option and their ability to provide daily Player Management Reports.
Sports Betting Victory At Last! That's what NJ State Senator Raymond Lesniak proclaimed on Monday morning.
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In online gaming – and any other business, little is more important to a company than their reputation. It drives sales, brings in new customers, and allows a business to flourish.
The problem is that many businesses make several mistakes while trying to build their reputation. These mistakes sabotage their efforts, and, in many instances, lead to a reputation that is far worse than the one their company had when they began their public PR efforts.
Sports bookies both online and in Vegas enjoyed a successful weekend and hope that trend continues with the start of NFL this upcoming weekend.
Among the big hits in Vegas, Virginia covering against UCLA.
Jeffrey Dorschner, a spokesman for the U.S. attorney's office in Colorado, has confirmed that the names of those appearing on a client list of a multi-million dollar Denver area sports betting ring will not be made public.
The Texas A&M Aggies stunned South Carolina Thursday propelling the oddsmakers at Sportsbook.ag to slash their odds of winning the National Championship from 100-1 to 40-1.
DUBLIN, Ireland (Reuters) - Paddy Power's operating profit fell sharply in the first half of the year after a run of unfavourable sports results, but the Irish gambling company said a second-half rebound should deliver full-year earnings growth.
Paddy Power, which has more than doubled its annual profits since 2009 on an overseas expansion and a strong performance online, leads the industry in smartphone and tablet betting.
Michigan bookies are well placed with two of College Football’s most popular and successful programs: The Wolverines and Spartans. Likewise, Michigan bookies can capitalize off of Detroit’s four professional sports franchises including the NFL Lions, MLB’s Tigers, NBA’s Pistons and, in recent years, the more prominent Red Wings.
The Pennsylvania House of Representatives passed legislation Tuesday to expand legalized casino-style gambling to websites, airports and mobile applications. The measure passed, 114-85, and was sent to the Senate.
The company's failure to crack down on sites that use its virtual goods as currency for bets makes it complicit in a billion-dollar gambling industry, the suit charges.