Sportsbook News
AceSportsbook.com Announces Revamped Affiliate Program: Review
"AceSportsbook.com has announced a revamped affiliate program, with commission percentages up to 25%. They handle everything, just send them players, and they send you money.
Ader Highlights ‘Case for Change’ at Bwin.Party: Current Board on ‘Destructive’ Path
Activist investor Jason Ader of SpringOwl on Monday made available its initial presentation highlighting the need for change at Bwin.Party, one of the largest online gambling firms in the world.
Traders Betting on Bookies: Shares Climb
(Reuters) - Bid talk and relief about 'less draconian' Government measures lift the bookmakers
Traders were betting on the bookmakers amid a revival of bid gossip and relief that a clampdown on the gambling industry was likely to be less severe than feared.
ASA Says Paddy Power ‘Made Joke’ Out of Domestic Violence, Mocked Amputees
The Advertising Standards Authority (ASA) has banned Irish online bookmaker from ever promoting bets on the Oscar Pistorious trial.
Gibraltar Easter Day Explosion Halts Online Bets for Sunday Sporting Events
William Hill, BetFred and Ladbrokes were just three of the big name online bookmakers that operate from Gibraltar where an early afternoon generator fire and subsequent explosion knocked each of these businesses offline.
Massive Explosion Brings Down PartyPoker, Ladbrokes, William Hill Sites
An explosion in Gibraltar has resulted in Gibtelecom service disruptions and down time at the popular poker sites PartyPoker along with other online sports betting companies including Stan James, Ladbrokes and William Hill. Some of the biggest names in online gambling operate from Gibraltar. *Just a quick correction, we initially reported that PokerStars had been affected, however, they operate out of the Isle of Man and were not impacted by the explosion.
Pay Per Head Sports Betting Software: The Real Bookies Benefit
God only knows there are several dozen Pay Per Head software platforms out there. You can check out the endorsed pay per heads right here on the Gambling911.com website.
Florida Bookie Tied to Legends Sports Bust Avoids Additional Jail Time
A Florida man tied to what authorities call a billion dollar illegal sports betting ring was sentenced in a New York State district court to time already served.
How Do I Become a Bookie? Build Volume, Love Your Customer and Play Golf
How does one become a bookie, you might be asking? Or do you really want to be a bookie?
It doesn’t matter the time of year, gamblers will always find something to bet on and bookies…well…they will always be lining their pockets (since the house never loses). So, yes, becoming a bookie can be a lucrative business.
Ladbrokes Buys Australian Betting Firm BetStar
(Reuters) - Bookmaker Ladbrokes (LAD.L), facing regulatory and tax pressures in its British home market, has expanded its Australian business by buying online betting company Betstar for 12.4 million pounds.
The deal announced by Ladbrokes on Wednesday follows a similar-sized acquisition last September when Ladbrokes - Britain's second-biggest bookmaker - bought online company Bookmaker.com.au and launched a website in Australia.
GVC Looks Towards More Acquisitions Following Sportingbet Success
(Reuters) - GVC is looking at further acquisitions after turning around the Sportingbet businesses it acquired last year, the online gambling company said on Wednesday.
GVC, one of the smaller players in the sector and listed on the AIM stock market, said operating profit more than doubled to 38.3 million euros ($52.8 million) in 2013, boosted by moving Sportingbet into the black.
"We are now ready for the next stage in our corporate development and further geographic expansion through organic growth and acquisitions," Chief Executive Kenneth Alexander said.
Intrade Co-Founder Brings Back TradeSports Prediction Market Platform
Originally debuting as TradeSports, the now defunct Intrade is being reincarnated using the original branding strategy.
Intrade Co-founder Ron Bernstein is starting a test phase for his company on Monday (April 14, 2014).
“Sports are always going to be the best laboratory for prediction markets,” he says. “All those things now are just recorded and data-mined and discussed.”
Ladbrokes Made £1Billion in One Month From 'Crack Cocaine' of Gambling (Video)
UK Prime Minister David Cameron has announced his administration is about to embark on a crackdown of the so-called “crack cocaine” of gambling, high speed, high stakes gambling machines that have, until now, proven especially profitable for bookmakers.
Just how profitable?
Former Legends Sportsbook Employee Deported Back to Panama
A high level former employee of the now defunct Legends Sportsbook will be deported back to Panama after serving nearly a year in home confinement in the USA.
PPH Baseball Betting: Status of Kershaw, Pujols Will Impact L.A. Teams
The man who was considered to be the favorite to win the National League Cy Young award at WagerHome.com was Clayton Kershaw of the Los Angeles Dodgers, but there is some question as to whether PPH bettors may have to recalculate.
Paddy Power Takes Bets on Which Animal Will be Killed Next at Copenhagen Zoo
In recent weeks, when one thinks of the word “shameful” throughout Europe, three things come to mind: Putin, Copenhagen and Paddy Power, and not necessarily in that order.
William Hill, Ladbrokes Shares Hit Again Following UK Budget Woes, Downgrades
Leading UK bookmakers William Hill and Ladbrokes witnessed yet another share decline on Monday following a downgrade and unfavourable football results over the weekend.
Hill dropped 1.33% Monday, Ladbrokes dropped 0.53%.
What is the Minimum Money Amount to Open an Online Betting Account?
Many Gambling911.com readers ask this question: What is the minimum to open an online wagering account to start betting?
While the amount differs between sportsbooks, typically $25 to $50 is required to fund an account before you can start wagering. $50 to $100 is usually the amount needed to take advantage of bonus offers.
Actual bet minimums can be as low as $1 though $10 to $25 is the average wager placed online ($50 via the phone).
Examples from various online sportsbooks appear below.
Paddy Power Pistorius ‘Will He Walk’ Bet Ad Most Complained About Ad Ever
The UK Advertising Standard Authority (ASA) has said that Irish bookmaker Paddy Power’s Oscar Pistorius murder trial 'Money Off If He Walks' ad was the single most complained-about advertisement ever recorded.
Paddy Power was forced to pull the ad after the ASA issued it a dire warning.
The ASA in its findings released Wednesday said: "We acknowledged that the ad had appeared in the context of a high profile murder trial that had received extensive media coverage and was of interest to the public.
Ladbrokes Boss Rewarded £4.7m: 85 Per Cent Pay Raise: Still Faces August Axe
Richard Glynn may be on the hot seat if he can’t turn things around at the UK’s second largest bookmaker, Ladbrokes. Glynn has already been issued a dire warning that he will be getting the axe come August if financials don’t improve come August.
BetOnSports Founder Gary Kaplan Assessed $36.5 Mil Tax Bill
BetOnSports founder Gary Kaplan will have to pay $36.5 million to the IRS after losing an appeal.
Kaplan’s attorneys initially argued double jeopardy as he was already ordered to pay the US government $44 million after having served a 51-month prison sentence.
Paddy Power Defends Taking Bets on Oscar Pistorius Murder Trial: Angry Tweets
Controversial Irish bookmaker Paddy Power has defended its decision to offer betting on the outcome of Oscar Pistorius’ murder trial.
Pistorius, a paraplegic runner, claims he shot into a locked bathroom believing an intruder had entered the residence he shared with Steenkamp. Instead he fatally wounded his girlfriend.
What is a Good Pay Per Head for College Basketball?
With March Madness just around the corner, you might be asking yourself What is a good Pay Per Head business to handle your players for College Basketball?
Real Bookies has just joined the Gambling911.com family and we are thrilled to have them on board.
So what can Real Bookie offer your players?
Here is just a sampling:
Neteller Returns to the US: Shares Surge Nearly 3 Percent
Online payment solutions company Neteller announced Monday that it will be relaunching services in the US.
The company was forced to flee the US market in January 2007 after two of its founders were charged with violating anti-gambling laws. The Unlawful Internet Gambling Enforcement Act was passed just two months prior to the highly publicized arrests, with Gambling911.com breaking that news story.
Man Sentenced to 15 Months in Jail for Running Online Sportsbook
A Stamford, Connecticut man was sentenced to 15 months in prison for his role in running an illegal online sportsbook that authorities claim had ties to organized crime.
U.S. Attorney Deirdre M. Daly announced Wednesday that Silverio Califano, 53, of Stamford, was sentenced Feb. 26 by U.S. District Judge Vanessa L. Bryant in Hartford followed by three years of supervised release. He must also forfeit $40,000 and was fined another $4000.
Dire Warning for Ladbrokes Head: ‘Better Capitalize on World Cup or Else’
Embattled Ladbrokes CEO Richard Glynn faces the axe this coming August if he can’t turn things around at the UK’s second largest bookmaking firm.
Canbet Players Owed At Least Half a Million GBP: Screwed Customers Revolt
SBR Forum, a popular sports betting social media outlet, has recorded a total of 255 customers owed in excess of 500,000 GBP by insolvent Canbet.com, one of the first online sportsbooks to burst onto the scene back in the late 1990’s.
Ifrah Law Claims Success With Kentucky Web Gambling Domain Seizure Case
Ifrah Law PLLC, a Washington, D.C.-based law firm focused on complex civil and criminal litigation, secured a major victory for its client, the Interactive Gaming Council (IGC), on Friday when the Kentucky Court of Appeals ruled that the trade association could intervene in a long-standing in rem forfeiture proceeding on behalf its members.
Kentucky Court Overturns Seizures of Online Gambling Domain Names
A Kentucky Appeals court ruled Friday (February 21, 2014) that the state cannot seize 132 online gambling domain names. The court determined that a trade organization, the Interactive Gaming Council, can step into the 6-year-old case and represent operators of named websites. An earlier ruling declared that trade organizations such as IGC and the now defunct Interactive Media Entertainment & Gaming Association (iMEGA) lacked standing.
Another Man With Ties to Legends Sports Gambling Ring Plead Guilty
Timothy Robillard, 44, pleaded guilty Monday to one felony charge of running an illegal gambling operation. The former Albany, New York corrections officer faces a year of conditional discharge and a $25,000 forfeiture of profits when sentenced in April.
