Sportsbook News
William Hill Share Price in Tizzy Following Tel Aviv Uprising
William Hill’s share price was -4.1p at 224.7p Wednesday as executives from the company tried desperately to quash an uprising in its Tel Aviv Internet support centre.
The company issued a statement on Tuesday that several higher-ups at that office would receive disciplinary action for suggesting to employees they were either being relocated to the company’s Gibraltar office or that their jobs might ultimately be disposed of altogether. More than 200 of the Tel Aviv employees abandoned their jobs as a result of this news.
William Hill Takes Action Against Tel Aviv Execs
England’s biggest bookmaker says it is taking actions against executives in charge of its Tel Aviv online gambling support center for wrongly telling employees they were being relocated to Gibraltar.
Headlines were made this week when more than 200 employees walked out after reports surfaced that the Tel Aviv office would be shut down. William Hill dispatched a team of senior executives to help quell concerns.
Mass William Hill Walkout Could Have Effect on Internet Business
The resignation of Eyal Sanoff, the chief marketing officer, from William Hill has prompted a mass walkout of over 200 staff members from the company’s Tel Aviv online support centre, the Sun reports. That office handles nearly all of William Hill’s Internet marketing.
The Israeli-based staff is worried over rumors that Hill’s CEO Ralph Topping is preparing to dump them and move all operations back to the United Kingdom and Gibraltar.
BetOnSports Founder Gary Kaplan Out of Prison
The founder of BetOnSports.com, Gary Kaplan, has completed his prison sentence in connection with running what was considered the biggest North American facing sports betting business of its kind during its heyday. Numerous sources have confirmed to Gambling911.com that Kaplan is out of jail, whereabouts unknown.
BetOnSports and nearly a dozen of its executives were indicted in July of 2006 just prior to the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) in October of that same year. Charges included racketeering, money laundering and mail fraud.
Online Sports Betting Way Up at Legends, BetOnline.com: Volume Way Down
Sportingbet Has Sold Its Turkish Business to GVC Sports
Following news this week that takeover talks involving Ladbrokes had fallen through, Sportingbet has sold its Turkish sports betting business to GVC Sports for €142.5m. Gambling restrictions in that nation forced the sale.
Andy McIver, Sportingbet’s chief executive, offered the following statement:
“Given our other big markets, Spain and Greece, have recently regulated their gambling markets, Turkey was the one which stood out [and] that has often been cited as an overhang on our equity,” he said. “So it was a question of when, not if.”
Gambling911.com is Panama Bound: Visiting Legendz Sportsbook, BetOnline.com
Gambling911.com heads to Panama City, Panama this weekend to visit two stalwarts in the online sports betting world, Legendz Sportsbook and BetOnline.com. We will also be visiting with pay per head operator PayPerHead.com, which is represented by none other than The Sopranos Johnny Sack.
Another Big Parlay Payout at BetDSI.com
The popular online sportsbook BetDSI.com has confirmed to Gambling911.com that it has paid out yet another massive parlay (ticket can be seen below).
“We had another big winner this past weekend as a guy hit a 12 team parlay risking $150 to win $150,000,” a BetDSI.com representative informed G911.
Ladbrokes Ends Acquisition Talks With Sportingbet
Ladbrokes and Sportingbet announced on Monday the two gambling firms have terminated merger talks as part of a mutual agreement.
A statement from Sportingbet on Monday said: “The boards of Sportingbet and Ladbrokes agreed to end discussions as the parties were unable to agree either a suitable structure or one that delivered sufficient value to shareholders in a meaningful time frame.”
Betfair Scandal: Critical Credit Card Hacking Data Withheld From Players
The world’s largest betting exchange, Betfair, has found itself in the middle of a major scandal that resulted in the firm’s Head of Security stepping down.
More than three million customers were affected by a massive credit card hacking scheme. The company made the situation worse by failing to advise customers. The hacking incident in question occurred over 18 months ago.
San Francisco Chronicle: Full Tilt Poker a Game Changer…We Say Not Really
The San Francisco Chronicle featured an interesting piece on the current crisis surrounding Full Tilt Poker and its impact on the Internet gambling sector as a whole.
Last week, US Feds accused Howard Lederer, Chris Ferguson and Rafael Furst of defrauding thousands of poker players out of more than $300 million.
Gambling911.com to Visit BetOnline, Lock Poker
Gambling911.com has announced its October 2011 schedule, which includes visits to Panama City, Panama (home of BetOnline.com) and a meeting with Lock Poker executives and poker pros in London next week.
“We are very excited to be visiting with two of the industry’s fastest growing brands,” noted Payton O’Brien, Senior Editor of the Gambling911.com website.
Sportingbet Still in Talks With Ladbrokes
Sportingbet revealed on Monday that it is still in discussions with Ladbrokes about a possible takeover.
Bookmaker $2500 Deposit Bonus Still Going
Bookmaker, the oldest established North American sportsbook online today, is still offering up to $2500 in FREE CASH.
Facebook Date From Hell Turns Into Ladbrokes Knifepoint Robbery
GTBets.com Takes Over VIP Sportsbook, BetGameDay.com and Nine.com
Liberal Economist Paul Krugman Calls BitCoin a “Stupid Currency”
Jenn Sterger Joins The Online Gambling Arena: Signs on With BetOnLine
Betfair’s Mixed Bag Following Expected Drop in 1st Quarter 2011 Revenue
Betting on High School Football Games The Next Big Thing Thanks to ESPN
There was a huge story that ran on the Rivals Network this past week, republished across the various websites, all having to do with the morality of betting on High School Football games.
10-Cent UEFA Championship League Odds, 20-Cent Lines Betting Cricket, Rugby
Where Can I Bet On Football Online: 2011 – 2012
Where can I bet on football online in 2011 through 2012?
Online Gambling News August 24, 2011: Betfair Down Under Deal Goes Down in Flames
Sportingbet Trading on London Stock Exchange Suspended
One of the largest online sports betting firms in the world, Sportingbet, has suspended trading on the London Stock Exchange.
Merge Poker, Sportsbook.com Begin Accepting New US Players Again
Some 50 British Bookmakers Shops Damaged During Riots in London, Liverpool
Johnny Sack to Star in Upcoming Poker Film With Brad Pitt Cogan’s Trade