Sportsbook News

Ayre Don’t Care: Bovada, Bodog Say Business as Usual

Following an indictment against Bodog founder Calvin Ayre Tuesday after a year’s long investigation into online sports betting, Ayre told his own self-named news website his life won’t be impacted.

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Submitted by C Costigan on, Feb/28/2012

Bodog, Calvin Ayre, et al. Indictment (Full Court Document)

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND

UNITED STATES OF AMERICA  :

v.

BODOG ENTERTAINMENT GROUP S.A., d/b/a BODOG.com, CALVIN AYRE, JAMES PHILIP,

DAVID FERGUSON, and DERRICK MALONEY,

Defendants.

: :    CRIMINAL NO. :      (Conducting gambling business, :  18 U.S.C. §1955; Money :      laundering conspiracy, 18 U.S.C. :       §1956(h); Aiding and :   abetting, 18 U.S.C. §2; : Forfeiture, 18 U.S.C. :         §§982(a)(1) and 1955(d)). :

...ooo0ooo... INDICTMENT COUNT ONE (Conducting gambling business)

Submitted by Guest on, Feb/28/2012

Bodog Founder Calvin Ayre Indicted

Federal prosecutors in Baltimore on Tuesday unsealed an indictment against Calvin Ayre following the seizure of the Bodog.com domain name late Monday night.  Ayre was profiled in the cover story of the Forbes Billionaire issue. 

A press release was expected by the US Attorney’s Office out of Maryland shortly. 

Rod Rosenstein, the U.S. Attorney in Baltimore, indicted Ayre and three other men, James Philip, David Ferguson and Derrick Maloney. The company, Bodog Entertainment Group, is also under indictment and its domain name has been seized by federal prosecutors.

Submitted by C Costigan on, Feb/28/2012

Defendants in Hellinger Case to Reach Plea Agreement Tuesday

Gambling911.com has learned that defendants in an online gambling case dating back to 2005 are set to enter pleas on Tuesday.

The US Attorney’s Office in Eastern Pennsylvania charged Don Hellinger and four other men with illegal distribution of over $40 million in Internet gambling winnings during the years 2005 and 2006 through a money transfer company, Payment Processing, Inc.  Hellinger was also alleged to have been involved in mail fraud. 

Submitted by C Costigan on, Feb/28/2012

Bodog.com Domain Seizure ‘Dog’ Years in the Making

The sudden seizure of the Bodog.com domain name late Monday night was not so sudden, Gambling911.com can reveal, nor was it exactly easy to achieve.

The US Attorney’s Office in Maryland, which was responsible for a series of online gambling company domain seizures last May, had been probing Bodog and the company’s colorful founder, Calvin Ayre, since 2003.

Submitted by C Costigan on, Feb/28/2012

US Government Responds to Hellinger Case Motion to Continue

The US District Court for the Eastern District of Pennsylvania on Friday responded to defendant Jami Pearlman’s Motion to Continue and Sever the March 12, 2012 trial whereby he and five other individuals are charged with illegally processing payments for various online gambling companies during a period from January 2005 to February 2006. 

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Submitted by C Costigan on, Feb/26/2012

William Hill Eyes US Entry

William Hill on Friday announced its expansion plans, and they include the lucrative US market.

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"Nevada is a land-based opportunity and we will see what happens in the US thereafter. But we first of all have to get these licenses and we expect that to happen some time this year," Hill CEO Ralph Topping said.

Submitted by Aaron Goldstein on, Feb/24/2012

i-Gaming North America 2012 Conference to Take Place March 4-6

Everybody with even the slightest interest in the potential for legalized Internet gambling in North America will be in attendance at the first ever i-Gaming North America 2012 Conference, being held at Planet Hollywood in Las Vegas March 4 thru 6.

i-Gaming North America describes itself as the first networking and educational event designed to introduce the land-based gaming businesses of North America to the global iGaming industry.

Speakers include:

Alexandra Berzon, Reporter, Wall Street Journal

Submitted by C Costigan on, Feb/23/2012

WagerWeb.com Online Sportsbook, Casino Joins the Gambling911.com Family

Gambling911.com is thrilled to announce the return of WagerWeb.com to its portfolio of fine online sportsbooks just in time for March Madness.

Submitted by C Costigan on, Feb/21/2012

Over 200 Sports Fixing Probes in Last Four Years

The Daily Star this weekend reports that there were over 200 sports match fixing probes in the United Kingdom in just the last four years. 

From The Daily Star:

Of 210 cases probed by the Gambling Commission since September 2007 nearly all have been over sporting fixtures.

And the majority involve football, horse racing, tennis and snooker.

But they also show that very few cases ever get to court.

Submitted by Gilbert Horowitz on, Feb/18/2012

Ladbrokes Punters Bet £13 billion in 2011: Poker Revenues Down 25 Percent

Ladbrokes reported strong returns for 2011 with punters staking £13 billion in 2011 and profit per shot increased 6.9 percent over 2010.

Gaming machines drew almost £10.5 billion, up 13.7% on a year earlier while over-the-counter betting enjoyed £2.5 billion in bets placed.

Submitted by Aaron Goldstein on, Feb/16/2012

Everleaf Poker Should Never Have Been Allowing Washington State Citizens to Play

We have finally learned after days of speculation that Everleaf Poker’s woes come from transmitting funds for online poker to and from the state of Washington.  It is the only state in the U.S. to make playing Internet poker a Class C felony and has done so since 2009 when the investigation into a payment processor utilized by Everleaf had commenced. 

Title 18 U.S.C 1084(b) was cited in the seizure affidavit issued by the United States District Court for the Western District of Washington.

Submitted by C Costigan on, Feb/15/2012

Radio Host Sid Rosenberg Allegedly Owes Over $44k to Online Sportsbook

A representative of a small Costa Rican-based online sportsbook, 1BetVegas.com, is contending that WQAM-560 AM afternoon host Sid Rosenberg owes the shop $44,500 in gambling debts

Submitted by Jagajeet Chiba on, Feb/14/2012

Music Execs Streaming Pirated NFL Games as DOJ Seizes Hundreds of Similar Websites

The music industry has been behind a massive push to knock file sharing and download websites offline while engaging in the same practice they condemn last week.

VEVO, a music portal owned by a few major record labels in the US reportedly had a pirated NFL playoff game playing on screens throughout its ‘PowerStation’ venue at last week’s Sundance festival, according to TechCrunch.

Submitted by Alejandro Botticelli on, Feb/10/2012

World Sports Exchange $700k Behind on Payouts (Video)

SBR Forum video analyst Peter Loshak breaks down the latest sportsbook industry news with troubled World Sports Exchange (WSEX.com) at the forefront.

Submitted by Guest on, Feb/08/2012

William Hill Becomes Official Sponsor of England Football Team

The United Kingdom’s largest bookmaker, William Hill, has been confirmed as an official sponsor of the England football team.

Peter Daire, the FA's Head of Sponsorship, said:

"We are delighted to have William Hill on board.

Submitted by Aaron Goldstein on, Feb/07/2012

Super Bowl Safety Cuts Into Sportsbook Profits

Sunday’s Super Bowl safety hurt the sportsbooks bottom line both in Vegas and across the Web. 

At MGM, one lucky sports bettor reportedly made off with $50,000 after placing a $1000 wager on the safety being the first scoring play.

And there was more. 

From Covers.com

Submitted by Dan Shapiro on, Feb/06/2012

U.S. Attorney Preet Bharara Seizes 16 Live Streaming Sports Sites Days Before Super Bowl

U.S. prosecutors seized 16 websites that streamed live sports events on Friday, just two days prior to Sunday’s Super Bowl.  A Michigan man was charged with running nine of those websites.

Yonjo Quiroa (AKA Ronaldo Solano), 28, faces one count of criminal infringement of a copyright and will likely not serve any prison time.

Submitted by Gilbert Horowitz on, Feb/04/2012

2012 Super Bowl Prediction: BetOnline Analyst Says Patriots Win It, So Go With The Giants

Tony Bryant, an analyst for the fastest growing online sportsbook BetOnline.com, offered up his 2012 Super Bowl prediction.  He says go with the Patriots.  In a moment we’ll explain why we think Tony may be secretly on the Giants (may be).  By the way, BetOnline.com is one of the few offering the Patriots at -2.5 plus you can get up to $900 in free cash when you join here (based on initial deposit/what you open your accou

Submitted by Ean Lamb on, Feb/01/2012

Odds on Whether US Law Enforcement Takes Down Online Sportsbook for Super Bowl 2012

Gambling911.com has been covering all the hundreds of 2012 Super Bowl betting props that are currently out there.  Each year there are always a few novel prop bets such as this year’s What Color Will Madonna’s Hair Be and we’re still waiting on those Gisele Bundchen bets.

So with the US Government’s aggressive action against online gambling websites over this past year, we couldn’t help but wonder what the odds might be for a Super Bowl surprise.

Submitted by C Costigan on, Feb/01/2012

Bet The 2012 Super Bowl and Play Online Poker at the Same Time

Americas Cardroom has incorporated a sportsbook into its expansive platform so gamblers can now place a bet on the 2012 Super Bowl and play online poker at the same time.  It’s called multi-tasking.

Submitted by Guest on, Feb/01/2012

Ladbrokes Buys Stakes in US-Based Stadium Technology Group

One of the United Kingdom’s largest bookmakers has bought a 65 per cent stake in US-based Stadium Technology Group, which specializes in sports betting technology and is used by a number of Las Vegas sportsbooks. 

“The size of the US market and potential for positive regulatory change in the coming years make it a sensible place to establish a presence,” said Richard Glynn, Ladbrokes’ chief executive. “Stadium Technology is already one of the key software suppliers to casinos in Nevada and Delaware and it has the potential to expand.”

Submitted by Aaron Goldstein on, Jan/19/2012

LowVig.com Reduced Juice a Bargain for Bettors During 2012 NFL Playoffs

Experienced sports bettors are celebrating the New Year with toasts, returning to the days of ‘reduced juice’ on NFL and NBA betting at high limits at the new sportsbook, LowVig.com.  The online betting site is currently offering low vig for the 2012 NFL Playoffs.  You can view lines here.

Submitted by Guest on, Jan/17/2012

World Sports Exchange Slow Paying 123 Players $738,852 to Date

World Sports Exchange (WSEX.com) is like Somalia, a failed state….but they still exist.  SportsBookReview.com is reporting that it has documented 123 players currently waiting on payments that total $738,852.  Many players have been waiting over a year for payouts, though it should be noted a few are trickling in.

Submitted by C Costigan on, Jan/10/2012

Public Policy Polling Has Ron Paul One Percentage Point Behind Gingrich

Most of the national polls have GOP candidate Ron Paul tied with Mitt Romney in the Iowa Caucus but at least one poll now has Paul closing in on Newt Gingrich.

The long time Texas Congressman is coming in one point behind Gingrich the Public Policy Polling. 

Submitted by Gilbert Horowitz on, Dec/14/2011

Ongame Sale Unlikely to be Finalised by Year’s End

LONDON (SHARECAST) – Online gaming company Bwin.Party Digital Entertainment has reported a 'solid' performance since September, with its core margin for the full year set to be between 22% and 24%.

However, investors were disappointed by news that the sale of Ongame B2B is unlikely to be finalised before the end of the year despite being at an "advanced stage".

The firm said revenue performance since the end of September has been in-line with management's expectations and it remains on-track to deliver around €40m of annualised synergies in 2012 and €65m in 2013.

Submitted by Guest on, Dec/13/2011

Ladbrokes Agrees to Debt Facility With Banks

LONDON, Dec 2 (Reuters) - Ladbrokes, Britain's second-biggest bookmaker, said it had agreed a new five-year, 540 million pounds ($847 million) debt facility with its banks.

Ladbrokes, which has 2,100 betting shops in the UK, on Friday said the new facility would mature in 2016 and replaces its existing 560 million pounds facility that was due to mature in 2013.

The company estimates that the new blended rate of interest for the group will be 7.5 percent in 2012.

Submitted by C Costigan on, Dec/02/2011

Belgium Online Gambling Blacklist Likely to Feature Bwin

Belgium has announced plans to incorporate a so-called “blacklist of online gambling websites”, a move that is seen as shocking in most industry circles.

Belgium’s biggest city of Brussels is considered the de facto capital of the European Union.  The EU has worked hard to abolish individual nation prohibition of Internet gambling within its membership organization, even going as far as to condemn the United States for its position against Web gambling.  

Submitted by C Costigan on, Nov/23/2011

Sky Bet, Other British Bookmakers Slaughtered After This Week’s Premier League Action

Sky Bet bookmakers were left reeling after a week where all of the Premier League favourites walked off victorious. 

It was the “worst day in their sports betting history” according to a company statement.  

Sky Bet paid out to thousands at 7/1 with Manchester City, Southampton, Charlton and Southend all winning.  

Sky Bet's Head of Football Trading Sandro Di Michele said: "Pretty much everything that could of gone wrong for us today did, with the 'What If' market just one of our enhanced accumulators to have come in.  

Submitted by Alistair Prescott on, Nov/22/2011

Overnight and Weekend Binary Options Funded By Bitcoin Announced at Digibookie

Wholesale sports and financial bookmaker, Digibookie, announced today that it will be offering overnight binary options on all major financial stocks, commodities, and indices to accounts funded by the hot new digital currency, Bitcoin. Until now, Digibookie has catered exclusively to retail credit bookmakers and binary options brokers across the globe.  The retail investors have embraced the binary options revolution in a big way.

Submitted by Guest on, Nov/16/2011

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