Sportsbook News
Blue Monday Online Gambling Defendant Must Pay $100 Fine
On June 8, 2012, software professional David Parchomchuk appeared in Maryland Court to face charges stemming from last year's Blue Monday indictments. He accepted a DOJ plea bargain which saw him plead guilty to conspiracy to conduct an illegal gambling business for which Judge Catherine Blake fined Parchomchuk $100, along with 2 years of unsupervised probation. Prior charges of money laundering were dropped by the DOJ.
Pinnacle Sports Obtains Alderney Gaming License (Video)
One of the largest and sharpest online sports betting firms, Pinnacle Sports, confirmed it has obtained a license from the Alderney Gambling Control Commission (AGCC). Scroll Down to Watch Video...
Online Sportsbooks Begin Releasing 2012 WSOP Prop Odds
You can even bet on whether man will cash in on women’s tourney at some
Online betting sites have begun to release wagering odds on a variety of proposition bets for the 2012 World Series of Poker, which gets underway later this month in Las Vegas.
Manchester City vs. Manchester United Paddy Power Player Heart Attacks Bet Tweet in ‘Poor Taste’
The UK’s third biggest bookmaker, Paddy Power, has apologized Tuesday for retweeting a Twitter user who asked if they could place a wager on the OVER/UNDER number of player heart attacks during Monday’s Manchester City v Manchester United game.
“Can you place bets on player heart attacks at football matches?” the tweet asked.
BetFred Founder Fred Done on Short List for Ernst & Young’s Entrepreneur Of The Year award
The colorful founder of UK online gambling firm BetFred.com, Fred Done, is appearing on the short list of Ernst & Young’s Entrepreneur of the Year.
26 individuals from 23 Northern UK companies will be competing for the coveted award in Manchester on June 26.
The awards recognize those who have built and lead successful businesses.
Roberto Luongo May Have to Endorse British Columbia Lottery Corp. From Tampa Bay
The British Columbia Lottery Corp. is staying mum about the prospects of its spokesperson, the Vancouver Canucks Robero Luongo, being traded to another team. Rumors are Luongo could end up in either Toronto or Tampa Bay.
Jenny Woo’s C-Section Shocker
The birth of Lily Christiana Woo on April 15 may not have been a miracle after all, at least not as it pertains to the coincidental timing. It all depends on how you cut it (no pun intended).
Gambling911.com Senior International Correspondent Jenny Woo revealed on Wednesday that she had deliberately scheduled to have a c-section birth on April 15, 2012 to commemorate the one-year anniversary of “Black Friday”.
Betsson Acquires Nordicbet
Betsson AB (publ) today announced that it has signed an agreement to acquire substantial parts of the business of Nordic Gaming Group plc, which is the owner of the NordicBet, TrioBet and Tobet gaming operations. Once the transaction is approved by competent regulatory bodies, the acquisition will be finalized in the end of second quarter 2012.
Betsson is one of the largest Scandinavian online gambling firms offering a wide range of first-class online gambling products and games in a safe and user-friendly gaming environment.
Internet Gambling, Horse Racing Regulated Simulcasting on Agenda in Massachusetts
By STEVE LeBLANC, The Associated Press
BOSTON — The Massachusetts Gaming Commission is pressing lawmakers and Gov. Deval Patrick to push back a key deadline for the panel to take over the regulation of horse racing and simulcasting, saying the expanded duties will make it harder to get new casinos up and running.
Commission chairman Steven Crosby said Tuesday that the panel will meet the May 20 takeover deadline if needed, but said delaying the change makes more sense for the state.
LowVig.com announces the acquisition of online sportsbook Bet Vegas Vic
Reduced-juice sportsbook welcomes their newest members with unrivaled sports betting value and generous rebates
On Monday morning reduced juice sportsbook LowVig.com finalized the acquisition of competitor BetVegasVic.com.
Joe Brennan Jr: ‘I’m Not Anti-Federal But (Federal Online Gambling) Just Not in the Cards' (Video)
Appearing on the popular Quadjacks.com radio show this week, Interactive Media Entertainment and Gaming Association head Joe Brennan, Jr. wants everyone to know that legalizing online gambling in New Jersey is moving full steam ahead.
Brennan is an advocate for state rights, but insists he has nothing against federal legislation. He just doesn’t see it happening any time soon.
Frankel Injury Said to be Minor: JLT Lockinge Stakes Odds Still 2 to 5
Frankel, the winner of last year's 2000 Guineas, St James's Palace Stakes and Queen Elizabeth II Stakes, was said to have suffered a "superficial" injury Thursday during a workout at Newmarket.
Frankel was due to race the JLT Lockinge Stakes at Newbury on May 19 where he was listed as the 2/5 favorite.
US Owes Antigua $120 Million in Damages Over WTO Online Gambling Dispute
In 2007 The World Trade Organization (WTO) demanded the United States government pay restitution to the tiny Caribbean nation of Antigua after the later won a judgment against Uncle Sam. Antigua essentially accused the USA back then of protectionism and engaging in unfair competitive practices as it pertained to the Caribbean nation’s role in regulating what is now a multi-billion dollar online gambling industry.
Instant Banking for Online Gambling Could Return to US Soon
There may be a new payment processor in town for those in the US online gambling community.
ADI-News.com has reported on the merger of two big name payment processors, Mazooma and BigPoint.
From ADI-News.com:
Maryland Now Allows Gambling on Fantasy Sports: Life Behind Bars for Booking NFL Games
As Bodog Founder Calvin Ayre, 50, faces more than 25 years behind prison for running one of the largest online sports betting enterprises and targeting residents of Maryland, that state has just begun allowing wagers on fantasy sports. Exceptional timing!!! We can't make this stuff up even if we tried.
Former Bookie Smothered in Bed: Wife and Daughter Sentenced to Life
The wife and daughter of a retired bookmaker, Don Banfield, have been found guilty of smothering the man to death for his insurance money.
Former tax inspector Shirley Banfield, 64, and her daughter Lynette, 40, admitted to two charges of conspiracy to defraud and charges of forgery as well as the perverting of course of justice, though they denied murdering Banfield 11 years ago.
The pair pocketed more than £120,000, some of which went into the purchase of their Canterbury, England home.
ScAYREy Fact: Bodog Founder’s Attorney Slotnick had Not Lost a Case in 12 Years
News of Bodog founder Calvin Ayre hiring the father-son tandem of Barry and Stuart Slotnick to represent him in a criminal case filed by the US Attorney’s Office in Maryland might not have resonated throughout the industry the way it should have. Hardly any industry media outside of Gambling911.com really reported on this story.
iMEGA Files Notice of Appeal Regarding Kentucky Domain Seizure
The Interactive Media Entertainment & Gaming Association (IMEGA) has submitted a Motion of Appeal regarding the Commonwealth of Kentucky’s attempt to seize 141 Internet domain names related to online gambling, some of which are no longer being utilized or have since been seized by the US Justice Department.
On March 8, Judge Thomas Wingate ruled that no party with adequate standing had presented themselves to contest the forfeiture order issued nearly four years ago.
Palms Casino Prepares to Open New Sportsbook
The fabulous Palms Casino is preparing to open a brand new state-of-the-art sportsbook.
BetOnline.ag Opens Its Doors
BetOnline is excited to announce that on Wednesday, April 4th, 2012 they will transfer all of their accounts to the website www.BetOnline.ag.
New Jersey Plans to Take Online Bets From Across US but Utah Can Fugetaboutit
A signature piece of legislation that would make New Jersey the second state to offer online gambling within its own borders made it through a state Senate subcommittee with ease despite earlier concerns of potential opposition. Nevada became the first late last year but its law hinges heavily on a federal ban on Internet gambling being lifted.
New Jersey Internet Gambling Bill Passes Senate Committee
(Associated Press) - An Internet gambling bill approved by a New Jersey Senate committee Tuesday would let Atlantic City casinos take bets from gamblers in other states and even other countries, as long as federal and state authorities agree it’s legal.
New Jersey has been racing to try to get Internet gambling up and running and stake an early claim to leadership in a potential multi-billion-dollar industry.
But even as the bill edges closer to approval, and supporters try to address legal concerns that led Gov. Chris Christie to veto it last year, its scope is growing.
Trump News Causes 888 Holdings Shares to Surge
Overnight news that real estate and casino mogul Donald Trump is in talks with 888 Holdings to potentially offer “real money” online poker play in the US has sent that company’s shares surging to a 56-week high of 65 pence earlier in the day. New Jersey, which is home to a handful of Trump-branded casino establishments, is looking to become a hub for the regulated online poker industry.
New York Times: The Neighborhood Bookie Gets High Tech and Goes Pay Per Head
This weekend, the New York Times featured a good article on the local bookies and how they have reinvented themselves by going online.
From The Times:
The basic setup is simple: Instead of taking a phone call from every hopeful bettor, the bookie directs his clients to a Web site, where bets can be recorded, tracked and totaled. The bookie can then log on and see who owes — or is owed — money in the coming week.
William Hill Having Tough Time Getting Nevada License: Under Intense Scrutiny
One of the United Kingdom’s biggest bookmakers is having a rough go at breaking into the US market.
European companies are looking to forge relationships with US-based casinos in an effort to get a leg's up in the critical US regulated online gambling market....once it opens up.
Betfair to Introduce New Brand: Enters Fixed-Odds Market
The world’s largest betting exchange, Betfair, has announced its intention to enter the lucrative fixed-odds market.
888.com Reports Full Year Earnings Nearly Doubling
(Reuters) - British online gaming company 888 Holdings' full-year earnings nearly doubled, helped by strong growth of its casino and poker offering, and the company named Brian Mattingley as chief executive.
The company, which operates 888 casino, poker, sport and bingo brands, said it planned to invest in several newly regulated markets across Europe and the United States.
More Britons prefer to stay at home, watching TV and gambling online, updates from consumer-facing companies showed, amid fears that the UK will slip back into recession.
Sportingbet Looking to Re-enter US Market After Paying Fine to US Government
Reuters was reporting that Sportingbet, one of Europe’s biggest online gambling firms, has made a final payment of $6 million to the U.S. Justice Department, as per a settlement reached in 2010 over alleged illegal Internet gambling, and said that it was exploring opportunities to re-enter the market.
Matchbook Betting Exchange Looks to Expand in Europe, Asia With Multi-Currencies
Matchbook Betting Exchange is delighted to announce the release of their new multi-currency platform. This will allow all customers to bet in Euro, Sterling, Canadian and Hong Kong Dollars, as well as the previously available US Dollars. Since being newly acquired in early 2011, there has been heavy investment in the product and this is the first of a number of exciting announcements, including a fully functional mobile application, to come in the next few months.
William Hill to Open Talks With Playtech Following Tel Aviv Debacle
(Reuters) - William Hill (WMH.L) is to open talks with Playtech (PTEC.L) this month to try to salvage the companies' joint online venture following a breakdown in relations last year, the Financial Times reported on Monday.
