Sportsbook News
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.
CAN’T-Bet: Canbet Freezes $300k: Punters Issue Death Threats, File Lawsuits
Once among the most prestigious Australian online bookmakers, Canbet is now finding itself mired in scandal after freezing approximately $300,000 in player funds.
The reason: Financial restructuring, a gentle way of saying the company is having financial problems.
Guardian Newspaper Launches Sports Betting Site GoWager.co.uk
Move over Ladbrokes, William Hill and Paddy Power. Here comes some stiff competition from a branding concept we all know, the Guardian Newspaper. And they just entered the sports betting business with GoWager.co.uk.
Sports Betting Ring Taken Down in Rhode Island: 13 Arrested
Thirteen individuals were arrested as part of a crackdown on illegal sports betting in Northern Rhode Island Tuesday. All were arraigned in District Court Providence during the afternoon.
Sportsbook Promos - February 2014: WagerWeb.com Bonus Code
With Super Bowl 48 now history, we have new sportsbook promos and bonuses being offered for February 2014. WagerWeb.com has slightly altered its sportsbook bonus offerings for the remainder of February, post Super Bowl. Your WagerWeb.com bonus code is AF6067 for February (write it down).
Companies That Accept Bitcoin – Including Online Gambling
This week, NASDAQ.com released a listing of companies that accept bitcoin and these mainstream (some not-so-mainstream like Virgin Galactic perhaps) are listed below. But we also list online gambling companies that currently accept the anonymous digital currency as of February 1, 2014.
WagerHome Tools Make Customer Management Easier For ALL Pay Per Head Agents
Anyone who is running a sports betting service, or is aspiring to do so, and wants to enter the 21st-Century way of doing business is going to want his or her players to have access to a genuine sportsbook interface, just like the "pros" use. That is possible through the phenomenon of "Price Per Head," or "PPH," and nobody in this business does it quite like WagerHome.com.
Online Gambling Site Shut Down: Programmer Pleads Guilty
A local Roanoke, Virginia restaurant owner and programmer were charged with running an online sports betting site that was being served out of Costa Rica.
Singer Susan Boyle Applies for Job With Bookmaker Ladbrokes
Say what?
Could one of the best voices in music today, Susan Boyle, have fallen on hard times?
People Magazine has revealed that Ms. Boyle, 52, recently applied for a part time gig at British bookmaker Ladbrokes.
The 16-hour-a-week job at the Blackburn, Scotland shop pays $10 an hour.
Jessica Bridge of Ladbrokes says, "We were as shocked as Simon, Amanda and Piers when Susan asked about the part-time vacancy. She once applied for a job with us before hitting the big time, so it's good to see she's still dreaming the dream of working for Ladbrokes."
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.