Sportsbook News

New Bitcoin Sportsbook CoinBet Debuts in Times Square: Hot or Dangerous Trend in 2014

A new bitcoin-only sportsbook made its debut smack in the middle of Times Square this past week, advertising on the Reuters interactive billboard.

Coinbet.cc is one of the newest online gambling sites to enter the lucrative bitcoin Web gaming market.  This appears as if it will become a pretty significant trend as we move forward into 2014.

But it could prove to be a dangerous one as well.

Submitted by Aaron Goldstein on, Jan/27/2014

Daily Beast: Cantor Gaming CEO Lee Amaitis 'Bromance' With Billy Walters Lead to Probe

Following news last week that CG Technology, formerly Cantor Gaming, having settled with the Nevada Gaming Control Board for $5.5 million following an 18-page complaint lodged against that company, the Daily Beast speculated as to why CEO Lee Amaitis remains at the helm.

Submitted by Alejandro Botticelli on, Jan/22/2014

PokerStars, Bodog May Be Given Green Light by Feds to Accept US Customers

In a shocking new development, the website CalvinAyre.com is reporting that the US Department of Justice will begin to take on a new approach in dealing with those online gambling operators who once took bets from US citizens.  The feds are reportedly now accepting corporate pleas and fines to resolve all outstanding charges.

Submitted by Jagajeet Chiba on, Jan/21/2014

How to Deposit Money With Online Gambling Sites From Canada (2014)

With Skrill gone (effective January 31, 2014), sports bettors from the upper portion of North America are wondering how they can still deposit money with online gambling sites from Canada.  Yes folks there are alternatives and who better to guide the way than your good friends here at Alberta-based Gambling911.com.

Submitted by C Costigan on, Jan/20/2014

Robert Gustafsson the Bodog Raid Instigator: Hungry Tigers, Smashed Penises, Oh My

The murky drama surrounding the November raids on Bodog Asia's Manila offices got a little clearer last week after CalvinAyre.com posted a copy of the affidavit that led to the raid. Turns out the affidavit was signed by former Bodog Asia CEO Robert Gustafsson.

Submitted by Jagajeet Chiba on, Jan/14/2014

BetFred to Slash Employee Salaries in Half: Some Will Have to Sell Their Homes

At least they waited until after Christmas to play Scrooge but the powers-that-be at British bookmaker BetFred.com have announced employees will soon have to endure a 50 percent cut in their salaries.

Submitted by Jagajeet Chiba on, Jan/09/2014

Shares in William Hill, Ladbrokes Plunge Over Fixed-Odds Machine Vitriol

Shares in the UK’s two biggest betting firms, William Hill and Ladbrokes, dropped 7 percent and 9 percent, respectively, Thursday following Prime Minister David Cameron’s assertion that fixed-odds machines need to be curbed.

The machines have been dubbed the “crack cocaine of gambling” by campaigners.

Cameron said he "absolutely shares the concerns" raised over the “epidemic” of fixed-odds terminals.

Submitted by Aaron Goldstein on, Jan/09/2014

Nevada Gaming Control Board Files 18-Page Complaint Against Cantor Gaming

The Nevada Gaming Control Board (NGC) has filed an 18-page complaint against Cantor Gaming following a lengthy investigation.  A former director of the company was indicted by US law enforcement in late 2012 for his role in an illegal sports betting venture and pleaded guilty to one count of conspiracy this past summer. Read Complaint Here

Submitted by Gilbert Horowitz on, Jan/07/2014

Robocoin Bitcoin ATM Arrives in Hong Kong, Taiwan: 50 Machines Sold

Robocoin, the first ever shipping ATM, has arrived in Hong Kong and Taiwan, thus helping to make the alternative payment solution even more mainstream. 

Submitted by Aaron Goldstein on, Jan/04/2014

Net Entertainment Inks Deal With Bet365

Net Entertainment is very proud to announce that it has signed an agreement with Bet365 Group Limited, one of the world’s leading online gambling groups. Under the terms of the agreement, Net Entertainment will deliver a number of its top online games across bet365’s mobile and desktop channels.

Submitted by Press Release on, Dec/20/2013

Once Among the Biggest Online Sportsbooks: BetOnSports.com Sells for $4900

The company once operated from nine floors of a state-of-the-art mall in San Pedro, Costa Rica.  It hosted annual parties that attracted the likes of Ashton Kutcher,  Carmen Electra and the Pussycat Dolls.  Now, BetOnSports is only a distant memory, shuttered in the summer of 2006 following the arrests of the once largest North American publicly traded sportsbook’s CEO, David Carruthers, and founder, Gary Kaplan.

Submitted by C Costigan on, Dec/18/2013

Bwin Sees World Cup Bringing Growth in 2014

LONDON – (Reuters) - Online gambling company Bwin.Party said on Wednesday the outlook for next year was positive thanks to betting on the soccer World Cup and growth prospects in the United States.

Trading in 11 weeks since the end of September 2013 has been in line with its expectations, the company said.

Bwin is focusing on fewer, better-regulated markets and is expanding in the United States, as gambling rules are relaxed in places like New Jersey.

Submitted by Reuters on, Dec/18/2013

WagerWeb's Stephanie Wynters Nominated for Best Affiliate Manager Sports Betting

WagerWeb.com’s Stephanie Wynters has been around the online gambling industry from a while now and all her hard work is beginning to pay off.  She just made the short list at the iGB Affiliate Awards 2014 so let's get her some votes!

While I like her partner-in-crime, Marty Davis, and miss rubbing his shaved head and other assorted body parts we won't discuss on this family website, Marty missed the cut this year.  I do miss my little Shreky-poo.

Submitted by Jenny Woo on, Dec/07/2013

Betfair Share Price Up on Strong Earnings Report and News of Expansion Plan

Betfair, the largest online betting exchange in Europe, has seen its shares rise more than 3 percent on Tuesday following news of its pre-tax profit for the past six months soaring 56 percent year-on-year to £32.5 million.  This is welcome news for a company that has widely been viewed as “stagnant” over the years.

Betfair’s share price rose 3.8 percent to £10.69 as of 13:08 UTC.

The company went public in 2010 but its share price fell from the £13 level in which it was floated. 

Submitted by Aaron Goldstein on, Dec/03/2013

Chavit Singson Gang Allegedly Orchestrates Raid on Bodog in Manila – G911 World Exclusive

Gambling911.com  sources in the Philippines have confirmed that offices of Bodog in Manila have been raided and those within the company are pointing the finger at former Philippines "Gangster Governor" Chavit Singson as the mastermind behind this action.

Submitted by Jagajeet Chiba on, Nov/21/2013

5Dimes Sportsbook Joins the Equity Poker Network

San Jose, Costa Rica – The momentum continues to build at the EquityPokerNetwork.com (“EPN”), with the confirmation today that it has signed the 5Dimes Group to the online poker “Collective”. The deal will see several of the 5Dimes Group’s websites operating immediately on EPN, making the Network’s tested and trusted software available to the their players for a much-enhanced and enjoyable online poker experience.

Submitted by Press Release on, Nov/20/2013

Paddy Power Profits Hit by Soccer, Horseracing Results

(Reuters) - Bookmaker Paddy Power expects full year operating profit to be about 11 million euros ($15 million) lower than it forecast three months ago after unfavorable soccer and horse racing results.

The Dublin-based group, which has posted stellar top-line profit growth in recent years, said results had gone against it since July, particularly at the Australian Spring Horse Racing Carnival and Champions League soccer.

Submitted by Reuters on, Nov/20/2013

One Facebook Like is Worth a Share of $10,000 at BetOnline

Online poker room BetOnline.ag is harnessing the power of social media for its latest promotion – a free entry into a $10,000 Guaranteed Tournament, worth $22, with a Facebook twist.

Submitted by Press Release on, Nov/14/2013

Bitcoin Currency Hits All Time High of $309: Silk Road Resurfaces

The anonymous digital currency known as Bitcoin hit an all time high of $309 Thursday (November 7, 2013).

Submitted by Aaron Goldstein on, Nov/07/2013

Robert Gustafsson Slapped With Second Indictment re: Alleged Embezzlement

Another Gambling911.com world exclusive as we have learned that late Tuesday evening (Philippines time) that the Global Internal Audit (Asset Management Group) investigating the alleged embezzlements by former Bodog director Robert Gustafsson and his so called "Swedish Mafia" have leveled yet another indictment against Gustafsson, former CFO Arleen Aldaba, Sherwin Quiambao and Sylvia De Guzman.

Submitted by Jagajeet Chiba on, Nov/05/2013

Robert Gustafsson Gang Charged with Theft in Philippines: G911 World Exclusive

Gambling911.com has exclusively obtained the first of what is expected to be many Theft charges to be filed against former Bodog executive Robert Gustafsson, Sylvia Bernadette Gonzales de Guzman and Sherwin Quiambao by the Philippines Department of Justice Office of the City rosecutors in Makati City. YOU CAN VIEW THE COMPLAINT-AFFIDAVIT HERE OBTAINED EXCLUSIVELY BY GAMBLING911.COM

Submitted by Jagajeet Chiba on, Oct/24/2013

Betfair Launches LetsPlayNJ.com for Web Gambling but Can’t Play Yet in Garden State

While New Jersey prepares to begin allowing online gambling by the end of next month, European powerhouse Betfair has mostly been left out in the cold.

Submitted by Ace King on, Oct/16/2013

Embezzlement Scheme Uncovered at Bodog: Several Employees Allegedly Involved

The online gambling firm Bodog has accused a number of high-ranking company officials of perpetrating a scheme to embezzle millions of dollars from its Asian operation.

Submitted by Jagajeet Chiba on, Oct/16/2013

Mob-Linked Agent to Plead Guilty for Role at Legends Sports: Worked for 40 Plus Books

A Florida man with alleged Mob ties is expected to plead guilty on Wednesday (October 9, 2013) to a federal money-laundering charge tied to a multi-state and international sports betting ring said to have made close to a billion dollars over the past decade.

Submitted by C Costigan on, Oct/08/2013

William Hill Issues Profit Warning

(Reuters) - British bookmaker William Hill said a poor retail performance in its third quarter meant operating profit had fallen 20 million pounds ($32.5 million) below expectations, warning that shortfall may not be recovered by the year end.

Quiet trading in July helped push retail net revenue in the 13 week period to Oct 1 down 4 percent on an underlying basis, the firm said on Thursday, with gross margin wins falling 0.8 percentage points as football results went the way of customers.

Submitted by Reuters on, Oct/04/2013

BetOnline.ag Unleashes ‘Best in Class’ Mobile Betting Interface

US-facing online Sportsbook now offers the best Mobile betting experience and the opportunity to try it risk-free

BetOnline

Submitted by Press Release on, Oct/01/2013

PerHead Offers Live Dealer Casino

Per head businesses are no longer just about managing reports and providing online software for bookmakers and agents.  These businesses must stay competitive and one way to do this is to offer a whole suite of extras such as smartphone compatible platforms, live betting, full track horse racing, and even an online casino.

Submitted by C Costigan on, Sep/28/2013

Film ‘Runner, Runner’ Could Help to Make Costa Rica Croc Bridge Famous (Video)

Sure, much of the online gambling film “Runner, Runner” is a fictitious account of what really occurs in the mysterious multi-billion dollar industry.  Set in the real world online gambling Mecca of San Jose, Costa Rica but filmed almost entirely in Puerto Rico, “Runner, Runner” goes a bit overboard in its depiction of the Web gambling world (literally in some cases).

Submitted by Jagajeet Chiba on, Sep/26/2013

Mass Congressman Owes Attorneys After Fighting Offshore Gambling Claims

US Representative John F. Tierney of Massachusetts has set up a legal defense fund to help pay for attorneys utilized while defending himself from allegations that he failed to disclose funds derived from his brother-in-law’s offshore gambling business.

Submitted by Gilbert Horowitz on, Sep/25/2013

Test Drive Perhead.com’s Betting Software

Perhead.com now offers demos for agents looking to place their clients with one of the first established per head shops offshore.

Submitted by C Costigan on, Sep/20/2013

Breaking News

Live Casino Immersive Roulette Online Reviewed

Live Casino Immersive Roulette Online Reviewed

Immersive Roulette features a multi-camera view that allows one to see slow motion shots of the ball landing in its pocket and is considered among today’s crown jewel of casino entertainment in the world of live casinos.

FanDuel CEO Parts Ways: Former CFO Returns to Take His Place

FanDuel CEO Parts Ways: Former CFO Returns to Take His Place

FanDuel today announced that the Chief Executive Officer, Nigel Eccles, who cofounded the company in 2009 redefining the fantasy sports industry, is leaving the company and stepping down from the Board of Directors to focus on his next venture.

Scientific Games Joins Battle Over Sports Betting

Scientific Games Joins Battle Over Sports Betting

The scramble to become leaders in a U.S. sports-betting market that doesn't even exist yet is heating up.