Tote Bet on Fantasy Football: New BetFred Deal
Betfred has signed a deal with TotelFootball to make pool betting on fantasy football available to Totepool.com customers. This is the first deal the Tote, now owned by Betfred, has done with a third party for another pool product and is indicative of Betfred’s ambitions to take pool betting to a new level, across all sports, internationally.
Ladbrokes Buys Betdaq for €30m
One of the United Kingdom’s biggest bookmakers, Ladbrokes, has agreed to acquire Betdaq from TBH Ltd. in a deal said to be worth €30m. Ladbrokes will also acquire a 10 percent stake in TBH Guernsey Ltd, which is the technology partner of Betdaq for an additional €4m.
M88 Site Named in Gambling Bust
Seven individuals have been arrested for their connection to a Vietnamese sports betting ring said to have taken in US$48 million.
Those arrested early January 17, 2012 include Nguyen Le Sang, 37; Nguyen Le Giang, 50; Le Van Hai, 25; Nguyen Thai Ngan, 22; Pham Thi Kim Loan, 41; Cu Huy Giap and Nguyen Anh Thai.
BTCSportsBet.com: The Future of BitCoin Sports Betting is Now
BitCoin, the anonymous online payment solution, is starting to make waves with the recent $510k investment into payment solutions company BitPay. This is likely to further drive business towards BTCSportsBet.com, one of the few online sportsbooks currently accepting BitCoins. They have nearly 8000 followers on Twitter.
Online Gambling Pioneer Sentenced to Three Years Probation
Bill Scott, the founder of once powerful World Wide Tele Sports, has been sentenced to three years of probation for violating the US Wire Act and money laundering. Scott also had to forfeit $6,786,934.65 from various US bank accounts.
Online Gambling Software Pioneer Facing Prison Time
An Arizona-based Internet gambling software pioneer, Robert (Bob) Stuart, has been charged with promoting gambling in New York because authorities claim the software in question was used by other individuals for “illegal” purposes.
It is Christmas at NorthBet: Free Fantasy Football Offered
Northbet, the premier boutique online sportsbook that also features free Fantasy Football in addition to wagering, wants to wish all Gambling911.com readers a very merry Christmas and they have plenty of gifts for their customers as we see below.
Playtech May Complicate William Hill Takeover of Sportingbet
LONDON (Reuters) - British bookmaker William Hill has rejected a claim by joint venture partner Playtech that it should share in the benefits of a planned takeover of online gambling group Sportingbet.
The intervention by software group Playtech has complicated a deals seen as pivotal in the overseas expansion of William Hill, Britain's largest bookmaker.
William Hill is spending 454 million pounds to acquire Sportingbet's Australian operations and an option to buy its business in Spain.
7Red Sports Alive and Kicking Despite Reported BetIslands Purchase
A representative for 7Red Sports insists his company has nothing to do with beleaguered BetIsland and it is business as usual.
An individual representing himself as the owner of now defunct BetIslands.com announced earlier in the month that his sportsbook had just purchased 7Red Sports.
Defense Rests in High Profile Philadelphia Mob Trial
PHILADELPHIA (Associated Press) — They won’t be going home for Christmas, but several accused mobsters appeared upbeat Wednesday as their racketeering trial in Philadelphia nears an end.
BetCRIS.com Announces Major Acquisition
San Jose, Costa Rica -- BetCRIS.com, one of the leaders in the online gaming industry, announced the acquisition of all BookMaker.eu non-US accounts.
BetIslands.com, EZ Street and 7RedSports.com to Shut Down: 'Money Man' Pulls Out
SBRForum.com confirmed Tuesday morning what many hard core sports bettors already feared, that BetIslands.com will be shutting down and stiffing its relatively small but high end customer base.
Sports Bettors Fear the Worst as BetIslands Payout Issues Mount
Sports bettors were on edge following reports that tiny BetIslands.com may be on its way to shutting down.
Replacement Checks for TopBet.com Customers Now Arriving
Good news for TopBet.com customers as some have reported the receipt of new replacement checks following a series of payouts that resulted in “insufficient funds” (i.e. checks bouncing).
Gambling911.com reported earlier in the week that TopBet.com had lost one of its processors, a common industry problem facing US-based players.
Bwin.party Head Jim Ryan Steps Down
Bwin.party CEO Jim Ryan announced he will be resigning from the world’s largest online gambling firm in January. Norbert Teufelberger, who acted joint CEO, will assume sole responsibilities for that position.
UK Putting Restraints on Internet Gambling Firms
The United Kingdom, long a hotbed for Internet gambling firms, has drafted a gambling bill that would tighten current regulation.
The bill would require overseas operators to inform the Government about suspicious betting patterns.
A 2005 bill enabled companies operating in Gibraltar and the Isle of Man to obtain a gambling license from the UK as well as advertise there.
Sportsbook Live Traders Needed for Immediate Hire
An online sportsbook with explosive growth is looking to hire between 7-10 more live remote traders immediately.
These positions are ideal for individual with linesmaking experience.
Here is the ad:
Top Bet Checks Bouncing Following Loss of Payment Processor
Concerned sports bettors have taken to the message boards complaining of checks issued by online sportsbook Top Bet bouncing (insufficient funds).
The culprit is a loss of their payment processor, which has also prevented most new depositors from coming on board as well.
Help Wanted: Online Gambling Live Betting Traders Needed
Live Betting Traders
A leading online sportsbook is looking to fill several part and full-time Live Trader positions. Both remote (from home) and in-office (Central America) positions are immediately available.
Job description:
Live Traders manage the live in-game odds of various sporting events, while balancing the monetary win/loss exposure.
Necessary skills:
Andy Murray Helps Betfair Smash Record After Slow Football Start
Betfair, the world’s largest betting exchange, revealed on Tuesday that the Wimbledon final was its biggest ever market following reports that the company has gotten off to a slow start with Premier League wagering.
Betfair.com reports that more than £58 million of bets were taken on the July tennis match in which Murray lost to Roger Federer but ultimately went on to secure his first ever Grand Slam title in New York.
Skybook.com Owner Sentenced to 2.5 Years in Prison
A St. Charles, Louisiana man, Anthony Buttitta, 43, has been sentenced to 2.5 years behind bars for tax evasion. He and his father, Dominic Buttitta, 69, of South Barrington, plead to two felony counts filed against them in U.S. District Court and were sentenced Friday by U.S. District Judge Milton Shadur.
Terror in Costa Rica as More Earthquake Videos Surface (Video)
San Jose, Costa Rica, is, and has been for over 15 years, the epicenter of online gambling. Up until recently even PokerStars, the world’s largest “real money” online poker firm, maintained a base there.
San Jose is an epicenter for something else.....EARTHQUAKES!
Costa Rica Earthquake Causes Significant Damage: Online Gambling Businesses Fine
The hub for several dozen online gambling businesses, San Jose, Costa Rica, was spared any significant damage from Wednesday’s 7.6 magnitude earthquake just 100 miles to the west.
7.9 Magnitude Earthquake Hits Online Gambling Hub of San Jose, Costa Rica
A 7.9 magnitude earthquake has hit the online gambling hub of San Jose, Costa Rica, one of the worst quakes in some time. The earthquake hit at 14:42 UTC, just before 9 am local and 11 am EDT.
The quake was not directly located in the San Jose region where most online gambling companies are set up. Employees were rattled by the event as one of the biggest weekend’s in online sports betting is about to kick off.
Nearby Cities
David Gzesh Confirms Sale of Seized Online Gambling Domains
Michael H. Berkens of TheDomains.com has confirmed that attorney David Gzesh purchased and put up for sale online gambling domain names previously seized by US authorities.
Online Sportsbook Seeing Nice Spike Ahead of NFL, College Football Betting
The boutique online sportsbook, Northbet, tells Gambling911.com they are already seeing some decent traffic coming in ahead of the upcoming College Football and NFL betting season, economy aside.
“The economy is always a factor, but we don't expect it to be any different than the past 2 years,” a Northbet representative tells Gambling911.com. The company is heading into its third College Football and NFL betting season.
Pay Grandma BetFred! Bookie Berated in London Press
The headlines these past 24 hours have been jarring.
From the Daily Express: I’ve Won 200-1 Bet on My Grandson at Olympics….But Bookies Won’t Pay Up
From the San Francisco Chronicle: British Bookmakers Won’t Pay Out Grandmother’s Winning Bet
Heritage Sportsbook Joins the Winning Poker Network: First Time to Offer Online Poker
One of the oldest online sportsbooks, the member referral Heritage Sports, has just joined the Winning Poker Network. A number of top sportsbooks utilize the network including Bookmaker.com, BetDSI.com, betCRIS.com and 5Dimes. Americas Cardroom is Winning Poker Network’s marquee brand.
Congressman John Tierney May Face Ethics Probe in Connection to ‘Bookie-Gate’
Eight-term Massachusetts Congressman John Tierney continues to fight for his political career after it was revealed that three nonpartisan open-government groups want the Democrat investigated by the House Committee on Ethics.
Tierney is accused of failing to publicly disclose more than $200,000 that his wife received while managing a bank account with money that came from her brother’s illegal gambling business.
‘Kite Marks’ for Online Gambling Could Encourage Operators to Obtain License in UK
Regulators in the United Kingdom have proposed using a “kite-marking system” as a means of encouraging operators to seek regulation there.
