Sportsbook News

BetOnline Introduces Strip Sports Betting (Video)

If you are going to lose money betting sports, you might as well watch hot women lose their clothes at the same time.   We suppose that is the concept behind StripSportsBetting.com, a product of Gambling911.com sponsor BetOnline.ag. 

Submitted by Jagajeet Chiba on, Aug/20/2013

Ladbrokes Luck About to Change: Deutsche Bank Upgrades Shares to ‘Buy’

Ladbrokes, the UK bookmaking behemoth, has endured a rough ride in recent months but Deutsche Bank sees things changing for the better.

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Analyst Richard Carter upgraded the share price of Ladbrokes from ‘hold’ to ‘buy’, believing that the stock is worth 232p and noting that the ‘headwinds’ affecting the group’s recent performance are now factored into the bookmaker’s valuation. 

Submitted by Aaron Goldstein on, Aug/20/2013

Fake Affiliate Impersonating WagerHome.com, TheRx.com

Beware pay per head agents!  Gambling911.com has been informed that a fake affiliate with no relationship to pay per head site WagerHome.com is emailing agents pretending to represent this company. 

Submitted by C Costigan on, Aug/19/2013

Pay Per Head Plus Local Bookie Translates Into Higher Profit

For the local bookie utilizing pay per head outfits located outside the United States, the increased profit should be realized almost immediately.

Pay per heads the likes of Wagerhome.com do all the so-called “dirty work”.  They provide the technologies, the management of accounts, software (online websites) and, in the case of Wagerhome.com at least, LIVE BETTING.

Submitted by C Costigan on, Aug/17/2013

Britain Hits Offshore Gambling Sector With 300 Million Pound Levy

(Reuters) - Online betting companies based in offshore havens to sidestep Britain's gambling taxes will be hit with a new levy that could cost the industry 300 million pounds ($467 million).

BetOnline

Submitted by Reuters on, Aug/16/2013

Head Count Services for 2013 NFL, College Football: Live Betting

A head count service is a company that manages bookmaking businesses and charges based on the number of players (i.e. heads) that are placing bets.

These services are cropping up left and right as the 2013 NFL and College Football seasons are upon us. This makes perfect since such businesses are in high demand.

Submitted by C Costigan on, Aug/15/2013

Pay Per Head Directory: 2013 NFL and College Football Season

The Gambling911.com Pay Per Head Directory for the 2013 NFL and College Football Season is here.  These are some of the best PPH’s in the business, some of whom we have dealt with for years.

Pay Per Head operations allow local bookmakers to contract out all record keeping and online services.  Just sit back and collect!  PPH operators are all based offshore. 

 

Submitted by C Costigan on, Jul/04/2013

Top Gambling News: Bet365 Profits Leap by a Third, Eric Lindgren Wins at WSOP

These are the top gambling news stories here at Gambling911.com Friday June 21, 2013 (Afternoon Hours Eastern Standard Time). Follow us on Twitter here.

*Bet365 Sees Huge Profit Increase - Britain's biggest online bookmaker, Bet365, has seen profits leap by a third to £148m.  This is despite the losses realized from their controlling interest in Stoke City FC.

Submitted by C Costigan on, Jun/21/2013

Online Gambling Operators Sentenced to Prison Monday

Two operators of an online gambling website based in Costa Rica have been sentenced to prison Monday.

Thomas Uva IV, aka “Little T,” 32, was sentenced to 21 months, followed by three years of supervised release, and John Colello, 54, was sentenced to six months, followed by two years of supervised release.   Together they ran the website 44wager.com

Submitted by C Costigan on, Jun/03/2013

Online Bookie Sentenced to 2 Years in Prison

David B. Fein, United States Attorney for the District of Connecticut, announced that PHILLIP JOHN BAUCO, 56, of Bridgeport, was sentenced today by Senior United States District Judge Alfred V. Covello in Hartford to 24 months of imprisonment, followed by two years of supervised release, for participating in an illegal gambling operation. Judge Covello also ordered BAUCO to pay a fine in the amount of $5000. On January 28, 2010, BAUCO pleaded guilty to one count of racketeering conspiracy.

Submitted by Press Release on, Jun/03/2013

$1.3 Mil Cash Intercepted by RCMP Tied to Hells Angels Internet Gambling Biz

David Baines of the Vancouver Sun reports that a backpack filled with $1.3 million cash intercepted by the RCMP enroute to Vancouver in February 2012 belonged to a Hells Angels linked Internet gambling operative. 

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Submitted by Alejandro Botticelli on, May/31/2013

Player Hits 25-Team Parlay That Pays $17K With Tennis and Soccer Bets

One lucky customer of BetOnline has just won a 25-team parlay after betting $300.  His total take – an amazing $17,404.51.

BetOnline

Submitted by Payton on, May/30/2013

Schill Will: There May Still be Hope For WSEX.com Players Owed Money

When World Sports Exchange founder Steve Schillinger killed himself a few weeks ago, he left behind an online sportsbook still owing players well over a million dollars.

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For those of you stiffed out of monies when WSEX.com shut down, there may still be hope of recovering some funds.

Submitted by C Costigan on, May/30/2013

Top Gambling Stories – May 29, 2013: Noon EDT Wire

These are the top gambling news stories as they happen at Gambling911.com.  Follow us on Twitter here.

Bitcoin Fears Loom in Wake of Liberty Reserve Indictment

Submitted by C Costigan on, May/29/2013

Costa Rican Online Bookies Find Love, Sex at Newly Opened Jaco Beach Del Rey

An infamous meat market bar/hotel of San Jose, Costa Rica has now opened a second location on the beach in Jaco.

The Hotel Del Rey, a staple for American bookmakers and their colleagues from the early days of Costa Rica’s burgeoning online sports betting industry, announced the opening of its second location this week.

Submitted by Jagajeet Chiba on, May/29/2013

Cantor Gaming Suit Accuses William Hill of Poaching Precious Trade Secrets

As reported by the Las Vegas Review Journal this week, Cantor Gaming is none too happy about rival William Hill entering its cherished US sports betting territory. 

BetOnline

Submitted by Alejandro Botticelli on, May/29/2013

Gambling Ads Crackdown in Australia: Football Shirts to be Pulled

Australia will no longer be permitting gambling ads to run on television during live sporting events nor will bookmakers like Centrebet and bwin be permitted to have their logos on signage at venues or stadium naming rights.

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Submitted by Alistair Prescott on, May/28/2013

Bookie Testifies: ‘Ridiculous’ When Asked If He Killed His Wife

South Carolina bookie Brett Parker, on trial for allegedly killing his wife, testified for nearly three hours Friday.

“No,” Brett Parker when grilled about killing his wife, Tammy Jo Parker. “That’s crazy.”

“That’s ridiculous,” he would respond when asked again.

Submitted by Jagajeet Chiba on, May/25/2013

Bitcoin Economy Now Worth $1 Billion

The Bitcoin economy is now worth a whopping $1 billion and, despite a few near death experiences, continues to grow.  

This past weekend, some 1000 people attended the Bitcoin 2013 event in San Jose, California. 

Submitted by Aaron Goldstein on, May/23/2013

Ladbrokes Cutting Up to 100 Jobs

(Reuters) - Ladbrokes said as many as 100 employees at its headquarters in Harrow could lose their jobs as Britain's second-largest bookmaker transfers a number of roles to its operation in Israel, set up as part of its agreement with gaming software developer Playtech.

In March, Playtech and Ladbrokes, which has struggled to keep up with the online offering of UK market leader William Hill, finalised an agreement for the former to advise and assist the bookmaker with its digital services for an initial period of five years. 

Submitted by Reuters on, May/22/2013

’60 Minutes’ to Offer Update on WSEX Story, Discuss Schillinger Suicide

Gambling911.com’s Thomas Somach has confirmed that the CBS news magazine “60 Minutes” will be airing an update on a story about online gambling that featured co-founders of the now defunct sports betting site World Sports Exchange

Somach tells Gambling911.com "60 Minutes" will simply be mentioning the suicide, likely at the end of an upcoming program.  The exact date is not known.  The original story about WSEX.com and Schillinger from 12 years ago is not likely to be re-aired.

Submitted by C Costigan on, May/22/2013

Cantor Gaming Using Algorithms in Creating Sports Betting Lines

Great article appearing on Wired.com on how Cantor Gaming has begun to use algorithms in determining game lines for its sports betting operations.

Cantor Gaming runs a number of sportsbooks in Las Vegas, including at the M Resort.

Submitted by C Costigan on, May/20/2013

Skrill Unauthorized Logins Have Online Gamblers Worried

A spate of reported unauthorized Skrill logins have the online gambling community on edge.

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Skrill, formerly known as Moneybookers, is a popular money transfer platform for those gamblers living outside the United States.  It is similar to PayPal. 

Submitted by Ace King on, May/20/2013

Ware is he Now: Former WSEX.com Owner Lives in German Brewery

A co-founder of now defunct World Sports Exchange (WSEX.com), Hayden Ware, is living quite the intoxicating life, Gambling911.com can report.

Hidin' Ware?

Ware and his German-born wife now reside in a converted German brewery. 

The Wares paid around 655,000 euros (about $890,000) for the 3,230-square-foot space located in Berlin.

Whether any of that money belongs to players of WSEX.com is unknown as Ware’s involvement in the shuttered online gambling company during its later years remains somewhat of a mystery.

Submitted by Jagajeet Chiba on, May/16/2013

Blue Monday’ Online Gambling Beneficiaries Jailed, Forced to Resign

It’s been nearly two years since close to a dozen online gambling domain names were seized as part of a payment processing sting operation. 

Submitted by Alejandro Botticelli on, May/13/2013

Undercover FBI Agents Placed Bets on Legends.com, Won and Lost Thousands

FBI agents from the Oklahoma City office placed bets with Panama City-based Legends.com (known also as Legends.com and Legendz.com) as part of a nearly 10-year investigation leading to the indictment of nearly three dozen individuals.

Submitted by C Costigan on, May/07/2013

San Francisco Examiner: WSEX Founder Killed Himself With Illegal Gun

Tom Somach reports in the San Francisco Examiner Sunday that Steve Schillinger of Word Sports Exchange, who killed himself last month, had an illegal gun and Antigua police are investigating how he got it, where and from whom he got it.....Read the Sunday edition story on Schillinger by clicking here.

Submitted by C Costigan on, May/05/2013

San Francisco Examiner to Cover Steve Schillinger Suicide

Gambling911.com can confirm that the San Francisco Examiner,, one of America’s most prominent newspapers, will be running a feature story on the death of World Sports Exchange founder Steve Schillinger.  That story was expected to be published on Sunday (May 5, 2013). 

Submitted by C Costigan on, May/04/2013

WSEX Founder Left Suicide Note: Hated Having to Stiff Customers

World Sports Exchange founder Steve Shillinger reportedly left a suicide note behind prior to taking a gun to his head last week.

Submitted by C Costigan on, Apr/30/2013

Equity Group Sports Betting Bill Clears Nevada Senate

A bill allowing private equity groups to place large wagers at Nevada sportsbooks has passed with a near unanimous vote on Tuesday.  Senate Bill 346 will now head to the Assembly for a vote. 

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Submitted by Gilbert Horowitz on, Apr/24/2013

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