Sports Betting
Sports Betting
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."
Sports Betting Scam Bilked Investors Out of $1 Million
The U.S. Attorney's Office in Nevada has charged Yul Na with 30 counts of wire fraud, 29 counts of money laundering and criminal forfeiture related to a sports betting scam that bilked investors out of nearly $1 million. Na has been charged with money laundering and fraud charges and will have to pay a $250,000 fine on each count as well as the forfeiture of money or property up to $962,350.
Sheikh Deal With Gambling Firm Could Be Seen As Defying Islam
New Jersey Governor Christie Opts Out of Sports Betting Suit
Citing other pressing issues including the current economic crisis, New Jersey Governor Chris Christie has opted to back out of a lawsuit that promises to bring millions of dollars in revenue to th
Paul The Octopus World Cup Picks Net Punters Half Million
By now, Paul the Octopus has become a household name, and for good reason. With Spain winning the 2010 FIFA World Cup (they were early 3/1 favorites coming into the tournament), Paul's World Cup
£10bn Bet On 2010 World Cup
The 2010 World Cup has been a massive success for bookmakers both online and local. A whopping £10bn has been wagered on the tournament across the globe.
Bookmaker Hilton Hasson told the South Africa Times: "Although I had expected the World Cup to dwarf any other event in the country ... it has been phenomenal."
Gambler Out €500,000 With Spain Win
Perhaps the biggest bet placed on the semi-final game between Germany and Spain had €500,000 riding on Germany to win.
Betfair’s New Jersey Prospects Look Bright
According to a report featured in Tuesday's edition of eGaming Review Magazine, Betfair believes its chances of launching in New Jersey are quite good following the NJ General Assembly in that stat
Dozens of Mob Associates Plead Not Guilty
34 members of the Luchese crime family were arraigned on Monday in New Jersey with charges stemming from illegal sports betting. Charges include racketeering and money laundering. All have plea
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.
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
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
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
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
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."
FIFA Keeps Close Eye on Match-Fixing
By Soccernet staff
FIFA has said it is monitoring World Cup games for match-fixing, with the most attention centring on the final round in the group stage.
NJ eyes Constitutional OK for Sports, Web Betting
ATLANTIC CITY, N.J. - (Associated Press) - Convinced that Internet gambling is coming someday, New Jersey wants to be its epicenter.
Lawmakers want voters to decide this fall if the state should offer sports and Internet gambling in an attempt to make the state the nation's leader in an emerging betting industry and stop the slow death spiral of Atlantic City casinos and the state's racetracks. That's provided, of course, that a federal ban is repealed.
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."
Now the England football club owner's apparently refuses to pay monies owed.
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.
Soccer Gambling Thrives in China
China didn't make the cut for this year's World Cup in South Africa, but according to the police, thousands of people have still gotten in on the soccer action by participating in illegal online ga
Hong Kong World Cup Betting Ring Busted
HONG KONG (AFP) - Hong Kong police said Sunday they have arrested 25 people for running a gambling ring that took bets on World Cup matches worth more than 66 million Hong Kong dollars (8.5 million
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
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.
Harrah’s Opposes New Jersey Legalized Online Gambling
Assembly Bill 817, which would permit "in-person wagering at casinos on results of professional sports events, subject to voter approval," was held until Thursday for a committee vote.
Some NJ Lawmakers Betting on the Internet
Blackjack, baccarat, craps and other casino games featured in Atlantic City could become available on the Internet.
