Sportsbook News
Online Sports Betting Way Up at Legends, BetOnline.com: Volume Way Down
Sportingbet Has Sold Its Turkish Business to GVC Sports
Following news this week that takeover talks involving Ladbrokes had fallen through, Sportingbet has sold its Turkish sports betting business to GVC Sports for €142.5m. Gambling restrictions in that nation forced the sale.
Andy McIver, Sportingbet’s chief executive, offered the following statement:
“Given our other big markets, Spain and Greece, have recently regulated their gambling markets, Turkey was the one which stood out [and] that has often been cited as an overhang on our equity,” he said. “So it was a question of when, not if.”
Gambling911.com is Panama Bound: Visiting Legendz Sportsbook, BetOnline.com
Gambling911.com heads to Panama City, Panama this weekend to visit two stalwarts in the online sports betting world, Legendz Sportsbook and BetOnline.com. We will also be visiting with pay per head operator PayPerHead.com, which is represented by none other than The Sopranos Johnny Sack.
Another Big Parlay Payout at BetDSI.com
The popular online sportsbook BetDSI.com has confirmed to Gambling911.com that it has paid out yet another massive parlay (ticket can be seen below).
“We had another big winner this past weekend as a guy hit a 12 team parlay risking $150 to win $150,000,” a BetDSI.com representative informed G911.
Ladbrokes Ends Acquisition Talks With Sportingbet
Ladbrokes and Sportingbet announced on Monday the two gambling firms have terminated merger talks as part of a mutual agreement.
A statement from Sportingbet on Monday said: “The boards of Sportingbet and Ladbrokes agreed to end discussions as the parties were unable to agree either a suitable structure or one that delivered sufficient value to shareholders in a meaningful time frame.”
Betfair Scandal: Critical Credit Card Hacking Data Withheld From Players
The world’s largest betting exchange, Betfair, has found itself in the middle of a major scandal that resulted in the firm’s Head of Security stepping down.
More than three million customers were affected by a massive credit card hacking scheme. The company made the situation worse by failing to advise customers. The hacking incident in question occurred over 18 months ago.
San Francisco Chronicle: Full Tilt Poker a Game Changer…We Say Not Really
The San Francisco Chronicle featured an interesting piece on the current crisis surrounding Full Tilt Poker and its impact on the Internet gambling sector as a whole.
Last week, US Feds accused Howard Lederer, Chris Ferguson and Rafael Furst of defrauding thousands of poker players out of more than $300 million.
Gambling911.com to Visit BetOnline, Lock Poker
Gambling911.com has announced its October 2011 schedule, which includes visits to Panama City, Panama (home of BetOnline.com) and a meeting with Lock Poker executives and poker pros in London next week.
“We are very excited to be visiting with two of the industry’s fastest growing brands,” noted Payton O’Brien, Senior Editor of the Gambling911.com website.
Sportingbet Still in Talks With Ladbrokes
Sportingbet revealed on Monday that it is still in discussions with Ladbrokes about a possible takeover.
Bookmaker $2500 Deposit Bonus Still Going
Bookmaker, the oldest established North American sportsbook online today, is still offering up to $2500 in FREE CASH.
Facebook Date From Hell Turns Into Ladbrokes Knifepoint Robbery
GTBets.com Takes Over VIP Sportsbook, BetGameDay.com and Nine.com
Liberal Economist Paul Krugman Calls BitCoin a “Stupid Currency”
Jenn Sterger Joins The Online Gambling Arena: Signs on With BetOnLine
Betfair’s Mixed Bag Following Expected Drop in 1st Quarter 2011 Revenue
Betting on High School Football Games The Next Big Thing Thanks to ESPN
There was a huge story that ran on the Rivals Network this past week, republished across the various websites, all having to do with the morality of betting on High School Football games.
10-Cent UEFA Championship League Odds, 20-Cent Lines Betting Cricket, Rugby
Where Can I Bet On Football Online: 2011 – 2012
Where can I bet on football online in 2011 through 2012?
Online Gambling News August 24, 2011: Betfair Down Under Deal Goes Down in Flames
Sportingbet Trading on London Stock Exchange Suspended
One of the largest online sports betting firms in the world, Sportingbet, has suspended trading on the London Stock Exchange.
Merge Poker, Sportsbook.com Begin Accepting New US Players Again
Some 50 British Bookmakers Shops Damaged During Riots in London, Liverpool
Johnny Sack to Star in Upcoming Poker Film With Brad Pitt Cogan’s Trade
In-Play Wagering, Mobile Gambling Helps Boost William Hill Numbers
The UK’s biggest bookmaker, William Hill, witnessed a 23 percent year-on-year increase in online net revenues, driven heavily by mobile and in-play wagering.
Sports Betting Ireland: Ladbrokes Hit Hard by Cheltenham
