Sportsbook News

Online Sportsbooks: Heroes Shuts Down, WSEX Might As Well Too

 

Submitted by C Costigan on, Aug/24/2010

Costa Rica Announces Online Gambling Tax Plans

 

Submitted by C Costigan on, Aug/23/2010

WSEX Payouts Still Dwindling In This Week

Submitted by C Costigan on, Jul/28/2010

William Hill Move to Gibraltar a Blow to United Kingdom

 

Submitted by C Costigan on, Jul/26/2010

William Hill “Worst Ever Royal Ascot” Blamed for Poor Profit Margins

William Hill continues to hint at moving its telephone business offshore following dismal results over the past year compared to its online arm.

"Poor horse racing results" led to a 33% fall in net telephone revenue, with a statement from Hills explicitly pointing out: "The board has previously noted the challenge of competing with UK betting exchanges and Irish offshore telebetting operators, all of whom have benefited from significant tax and cost advantages over UK bookmakers. The situation is under active review."

Submitted by C Costigan on, Jul/23/2010

Bookies Spared $75 Mil Payout With England World Cup Exit

Not everyone in England was upset about their team getting eliminated so quickly Sunday in the knockout round of the 2010 FIFA World Cup vs.

Submitted by Aaron Goldstein on, Jun/27/2010

William Hill Honors Frank Lampard ‘Goal’

Great Britain's second largest bookmaker, William Hill, is paying out to their customers who bet on Frank Lampard scoring against Germany aft

Submitted by Alistair Prescott on, Jun/27/2010

England Germany World Cup Game: A Bookie’s Treat

As long as England hangs around, the online bookmakers across the UK will make out dearly but an England - Germany draw will be the icing on the cake

Submitted by Alistair Prescott on, Jun/26/2010

Some World Sports Exchange Players Getting Checks

There is some glimmer of hope on the World Sports Exchange front.  The online sportsbook, one of the first to come online in fact, has begun to send out a series of payouts this past week accordin

Submitted by C Costigan on, Jun/23/2010

Sports Betting Site Pays Out $150,000 Parlay

A lucky customer of the online sports betting website betED.com just won a whopping $150,00

Submitted by C Costigan on, Jun/22/2010

Bookies Making a Killing With England “Flop” in World Cup

England's poor performance has resulted in huge revenues for the English bookmakers.

Simon English of the London Evening Standard: "Here's the usual plot for the World Cup: England get hugely hyped by the press, fans and players before they go on to perform indifferently in all but one game, which they still contrive to lose. They crash out amid tears from everyone - except the betting industry, which tries hard not to cry with laughter."

Submitted by C Costigan on, Jun/22/2010

World Sports Exchange Poker Down To 10 Cash Players

As reported by PokerScout.com this past week, troubled World Sports Exchange's online poker room (World Poker Exchange) is rapidly losing players.  Just ho

Submitted by Jagajeet Chiba on, Jun/20/2010

England Football Club Owner’s Son Has Near $1 Mil Gambling Debts

The son of a Top 4 England Premiership football club owner is a deadbeat, so claims intermediaries working on behalf of a Costa Rican-based online sportsbook looking to collect funds owed.

"He (the son) admits to owing but claims he's lost enough money in the past to the book that the debt should be forgiven," the intermediary, Charlie Bishop, tells Gambling911.com.  "He also says that the sportsbook slow paid him once but that's because this individual was a notorious slow payer in the past."

Submitted by C Costigan on, Jun/16/2010

Spain World Cup Loss Has Bookies Smiling

With Wednesday's upset of Spain in the 2010 World Cup versus Switzerland, the bookies both in the UK and online are preparing to celebrate.

Submitted by Alistair Prescott on, Jun/16/2010

Bookies Happy Over Robert Green Gaffe: England Draw

With most of the country probably backing England to win their World Cup match against the USA, British bookies could certainly breathe a sigh of relief for the England draw.  They may be the only

Submitted by C Costigan on, Jun/12/2010

USA vs. England World Cup Betting Brisk

A review of the USA vs. England World Cup betting activity by Gambling911.com suggests brisk action coming in throughout the overnight and early morning hours.

With 23 million people expected to tune in across England alone, online bookmakers the likes of Sportsbetting.com are hoping for a bit of a mini Super Bowl Saturday.

Submitted by Payton on, Jun/12/2010

Senate Committee Approves New Jersey Online Gambling

By Juliet Fletcherstaff Writer, Press of Atlantic City

Submitted by Guest on, Jun/03/2010

D Day for Online Gambling? UIGEA Takes Effect

June 1, 2010 marks the day that the Unlawful Internet Gaming Enforcement Act (UIGEA) finally goes into effect after passing as an attachment to a Port Security Act in October 2006.  The law makes

Submitted by Alejandro Botticelli on, May/31/2010

Bet911 Five Minutes of Fame Over: Book is Insolvent

A small and poorly capitalized online sportsbook appears close to shutting down.  Bet911.com, which quite obviously attempted to capitalize on the Gambling911.com name but was never permitted to a

Submitted by Jagajeet Chiba on, May/04/2010

William Hill to Bid for Centrebet

The United Kingdom's second largest bookmaker, William Hill, is looking to acquire Australia's second largest privately held bookmaker, Centrebet.

Centrebet originated from Alice Springs, Northern Territory and was the first bookmaker to be licensed in Australia in 1993 and the first bookmaker to go online in the Southern Hemisphere. Centrebet was acquired by its biggest domestic rival, the SportOdds Group in 2003 for the sum of AUD$46.55 million. In 2005, SportOdds merged its Centrebet, SportOdds.com and SuperOdds.co.uk businesses into one entity, known as Centrebet.

Submitted by Aaron Goldstein on, May/02/2010

Kentucky Derby 2010: Betting Off to Brisk Start

Kentucky Derby 2010 betting officially kicked off Wednesday following the noon time post position announcements.  Trafficwise, Gambling911.com reported a few thousand more unique visitors over las

Submitted by C Costigan on, Apr/29/2010

Jay Cohen The Jimmy Swaggart of Online Gambling?

The slow payments at once highly regarded World Sports Exchange (WSEX.com) continued this week.  Players requesting information from the troubled wagering establishment out of Antigua were for the

Submitted by Jagajeet Chiba on, Apr/23/2010

Costa Rica Government Will Become Bookie for Soccer

AM Costa Rica is reporting that the Costa Rican government is set to enter the bookmaker business, just in time for the 2010 World Cup.

Submitted by Alistair Prescott on, Apr/21/2010

Online Sportsbooks Mean Big Business For Online Poker

Some in the online poker community choose to brandish sports betting as "shady" and "not as important in the whole scheme of things" when it comes to the online gambling sector.

Submitted by Ace King on, Apr/15/2010

Costa Rican Sportsbooks Respond to Recent Arrests

By Chrissie Long, Tico Times Staff

Submitted by Guest on, Apr/12/2010

Betting on 2010 Masters Breaks Records

Betting on the 2010 Masters traffic has been brisk at Gambling911.com, though it can hardly be seen as rivaling that of the Super Bowl or Oscars (or the upcoming Kentucky Derby for that matter). 

Submitted by Dan Shapiro on, Apr/10/2010

Jazz Sportsbook Caught Up in $178M Online Gambling Sting

A popular Costa Rican based online sports betting company, Jazz Sportsbook, has been implicated in an alleged $178M sting led by Queens District Attorney Richard Brown as part of a three year inves

Submitted by C Costigan on, Apr/07/2010

Joe Jennings Bookmakers Bans Punter for £1000 Win

A British punter (gambler) is claiming he was tossed from Essex bookmaker Joe Jennings after winning a measly £1000.

Submitted by Alistair Prescott on, Apr/05/2010

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