Sportsbook News

[allgood2010]

I call these criminals "evil geniuses"

That's a great movie Lips.

Hi Tonster,

Yahoo has their hand in just about everything. I have not seen the move "21" but it sounds like it might be fun to watch!

Lips

[blueday]

Spanish fans have bought the World Cup final football in an online auction to raise money for charity.

The finall ball was sold for a whopping $74,000 and the money raised is due to go to 46664, Nelson Mandela's campaign to prevent HIV/Aids.

The Spain/Netherlands ball was auctioned off on ebay.

[blueday]

Poker proponent says the West Coast state could benefit from legalised online sports betting

Californian state senator Roderick Wright was in the headlines again this weekend, indicating that he supports legalised sports betting, which experts say could generate an additional $1 billion for state coffers.

Wright is perhaps better known for his attempt (currently on the back burner whilst he considers opposition comments) to licence and regulate online poker in California (see previous InfoPowa reports).

The state senator is a Democrat from Inglewood who chairs the legislative committee overseeing gambling, and he supports a lawsuit filed by New Jersey officials challenging a federal law that limits sports betting to Nevada and a few other states.

Wright told the LA Times this weekend that he might ask the California Legislature to join the suit.

"If you took the sports book in Nevada and other places, it's a pretty healthy piece of money, and we currently don't get squat,'' Wright said.”I don't know how much longer we can afford to basically be providing the revenue to all these other states from California people.''

The newspaper reports that under California law, it is a misdemeanor to bet on a sporting event.

The federal Professional and Amateur Sports Protection Act prohibits the state from sanctioning sports betting, according to Whittier Law School professor I. Nelson Rose, an expert on gambling law.

The lawsuit by New Jersey argues that the 1992 federal law violates the U.S. Constitution by allowing betting in some states but not others. Rose said the law has "major constitutional problems.''

It is widely estimated that more than $100 billion is wagered in the U.S., legally and illegally, on sporting events each year, according to Marc Lefkowitz, an expert at the UCLA Gambling Studies Program.

About $2.6 billion is bet on sports legally in Nevada, and the state takes a share with a tax on the profits of casinos where the betting occurs, according to Frank Streshley, a senior research analyst for the Nevada Gaming Commission.

Last year, the tax brought in more than $9 million, he said.

California could reap much more, according to Professor Rose. He said California could generate more than $5 billion in legal sports betting and about $1 billion in annual revenue for the state, depending on how much the state would take from the operators it would licence.

Allowing sports betting could mean 10,000 or more jobs for California, said Breon Corcoran, managing director of the Irish bookmaking company Paddy Power, which would like to operate sports gambling in California.

"It's a curiosity to us that Nevada is really the only state where you can do [unlimited] sports betting in the U.S.,'' Corcoran said.

Lefkowitz said any effort to legalise sports betting in California would be fought by professional sports leagues that don't want the taint of gambling in states where they have franchises. Nevada and Delaware have no NFL or NBA teams, and different levels of sports betting are allowed there.

The National Football League does not want the federal or state law changed, according to NFL spokesman Brian McCarthy, because the organisation considers gambling a corrupting influence.

"We recognise that many states have many pressing economic issues, but more state-operated single-game wagering presents a threat to the long-term health and integrity of our sport,'' McCarthy said.

[blueday]

Police take statements from three players and seize cell phones

News of a cricket betting scandal involving the touring Pakistani team broke over the weekend and has topped most British, Australian and Pakistani headlines. British police detained bookie Mazhar Majeed, interviewed four players including captain Salman Butt, and confiscated cell phones for further examination.

The 'News of the World' newspaper, which carried out a sting editorial operation, claims that two Pakistani players deliberately cheated at pre-arranged moments in the match by overstepping the ‘no ball’ line.

Bowlers Mohammad Aamer, Mohammad Asif and wicket keeper Kamran Akmal were all interviewed by police investigators.

The News of the World reported that it’s under cover reporters, posing as Far Eastern businessmen, paid a middleman GBP150 000 (Euro182 000) and in return were told exact details relating to play during the following day.

The reporting team claims it was told exactly when three no balls would be bowled during the current test against England.

On Sunday evening Majeed was bailed pending further enquiries.

The allegations are the latest in a string of match-fixing accusations that have dogged the team since the 1990s. In May this year, the International Cricket Council's anti-corruption unit looked at the team's poor performance after being heavily beaten by Australia during a tour of the country.

England won the Test at Lord's by an innings and 225 runs - Pakistan's heaviest Test defeat - securing a 3-1 series victory. Team officials said that Pakistan will complete their England cricket tour, which includes seven one-day internationals, starting next Sunday.



The undercover video was shown on the BBC News Channel over the weekend showing details of when the "no balls" should take place.  Footage of the game was then shown at the points the no balls should take place and indeed they were no balls.

[wnanhee]

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[blueday]

Liverpool Football Club today announces that the Board has agreed the sale of the Club to New England Sports Ventures (NESV).

New England Sports Ventures currently owns a portfolio of companies including the Boston Red Sox, New England Sports Network, Fenway Sports Group and Roush Fenway Racing.

Martin Broughton, Liverpool FC Chairman, said:

"I am delighted that we have been able to successfully conclude the sale process which has been thorough and extensive. The Board decided to accept NESV's proposal on the basis that it best met the criteria we set out originally for a suitable new owner. NESV's philosophy is all about winning and they have fully demonstrated that at Red Sox.

"We've met them in Boston, London and Liverpool over several weeks and I am immensely impressed with what they have achieved and with their vision for Liverpool Football Club.

"By removing the burden of acquisition debt, this offer allows us to focus on investment in the team. I am only disappointed that the owners have tried everything to prevent the deal from happening and that we need to go through legal proceedings in order to complete the sale."

NOTE: The sale is conditional on Premier League approval, resolution of the dispute concerning Board membership and other matters.

Author:  LIVERPOOL FOOTBALL CLUB

Side note
The fans are "up in arms" over the sale and are protesting quite aggressively against this   Only time will tell whether the sale will go ahead or not.

[blueday]

Indictment of US Politicians wife   

Takes full responsibility for managing bank account that handled $7 million in internet gambling funds

Patrice Tierney, the wife of seven-term Massachusetts Democrat Representative John Tierney, has been indicted on charges of aiding and abetting her brother Bobby Eremian's online gambling activities.

Eremian is alleged to operate a well established internet sports betting site from Antigua, using a bank account in the United States that was managed by his sister and facilitated the movement of funds to the value of over $7 million.

Prosecutors have revealed that Tierney is charged on four counts including tax fraud.

Reporting on the case, local media noted that her brother Bobby was apprehended by US authorities for tax evasion in 2000 in Antigua, and was recently again indicted for racketeering, money laundering and the operation of his Antiguan sports betting operation PlayLegal.com.

Addressing the court at her indictment, Tierney told Judge William G. Young: "I take full responsibility for what my part in this was." Judge Young released her on a personal recognisance pending a hearing for sentence on January 13.

[blueday]

Nevada Approves Betting via Blackberry

American Wagering, Inc. reports of its success

A new announcement has come this week from a US sports wagering service and technology provider American Wagering, Inc. (AMI), which has reported good news for the Nevada residents; namely, that Nevada Gaming Control Board has approved its application for a mobile phone-based sports betting app titled Leroy’s App, which was developed with the assistance of Computerized Bookmaking Systems, Inc. Prior to giving its approval, the Board went through an extensive field trial.

American Wagering, Inc. is a publicly-traded company that primarily operates through wholly-owned subsidiaries including Leroy's Horse & Sports Place, Inc., Computerized Bookmaking Systems, Inc., AWI Manufacturing, Inc., and AWI Gaming, Inc.

According to the company’s CEO Vic Salerno, "American Wagering is pleased that the regulators approved our technology, finding it to be problem free. We did not have a single issue during our trial period. The Leroy App is working great, customers love it, and it has exceeded our expectations.”

In addition, Salerno said that one of the fastest growing segments of the smart phone market is actually the sales of Android smart phones, an estimated sale pace of 200,000 units per day.

According to him, American Wagering is the first company in the US market that has an approved sports wagering application, adding that the AMI technology contains several layers of security including a patent pending geographic location process and encrypted communications, which will provide safe and secure wagering intrastate to the company's centralized and licensed bookmaking facilities in Las Vegas.

Salerno explained: "Smart phones and other mobile devices will be key products on our development path for the coming year. The approval of the Leroy’s App is the creation of a new market segment for sports wagering and the Nevada regulators placed significant challenges on American Wagering to provide a means of offering account wagering on a mobile device whereby we could verify that the bettor was in the state.”

To describe how effective the mobile product is in boosting the bottom line, the American Wagering Senior Vice President of Business Development and Public Affairs, John English said: “It is a low cost, convenient, and efficient way of communicating with the customer and taking wagers. There is no equipment to purchase or maintain. The relationship is simply between the sportsbook and the bettor through his or her smart phone.”

In terms of their plans to develop a mobile app that would work only on a licensed land casino property, AMI explained that it has given up on this project, as it is too geographically limiting on the bettor to be considered "mobile" and it is not considered to be a financially viable project as compared to a true mobile application for sports wagering.

[blueday]

BREAKING NEWS....Roy Hodgson has left Liverpool Football Club by mutual consent and is replaced by Kenny Dalglish until the end of the season.

Owner John Henry said: "We are grateful for Roy's efforts over the past six months, but both parties thought it in the best interests of the club that he stand down from his position as team manager.

"We wish him all the best for the future."

Hodgson added: "Being asked to manage Liverpool football club was a great privilege.

"Any manager would be honoured to manage a club with such an incredible history, such embedded tradition and such an amazing set of fans.

"Liverpool is one of the great clubs in world football. I have, however, found the last few months some of the most challenging of my career.

"I am very sad not to have been able to put my stamp on the squad, to be given the time to bring new players into the club in this transfer window and to have been able to be part of the rebuilding process at Liverpool.

"The club has some great, world-class players, with whom it has been a pleasure to work and I wish the entire squad well for the rest of the season."

blue

[Johnny Karp]

Poor Roy, he shouldn't have left Fulham last summer...

[blueday]

£2 bet brings record-breaking £1.4million win on Tote  jackpot for one lucky punter

A very lucky punter won £1.4million by backing an unlucky jockey riding a horse on a three-year losing streak.

61 year old, Steve Whiteley, picked a 12-1 shot called Lupita,  ridden by Jessica Lodge to make it six wins in a row. He put £2 on the accumulator and the combined odds were 879,137 to 1.  He couldn’t bear to watch the last race, "I am shaking like a leaf.” he said.   He won £1,425,309 which is the biggest ever Tote Jackpot by predicting the winners running at Exeter.

Everything rested on the last race.  The amateur jockey Jessica had not had a win in 28 races. 

[blueday]

A very interesting news article about Wimbledon betting:

Wimbledon Receives Betting Watchlist

Fight against betting corruption

According to the latest reports from the UK media, officials from Wimbledon have received a watch-list of "undesirables" suspected of betting corruption, compiled by the Tennis Integrity Unit (TIU).

This investigations team is run by a former Scotland Yard detective, and on its list it included a range of individuals who became suspicious due to betting irregularities on other matches or a match-fixing investigation into tennis professional Daniel Koellerer, who has been given a life ban.

In relation to this, the officials of the world’s oldest tennis tournament should react by restricting access to players' changing rooms, eating areas and practice courts.

[blueday]

Rubbing It in…

Is it bad taste or just a cruel joke?

A rather cruel bet has been offered by the Irish-based bookmaker Paddy Power.com on whether Full Tilt Poker will offer real money games on July 27 – the day after it’s hearing with the Alderney Gambling Control Commission.

According to Paddy Power, this is unlikely to happen, as it is offering 1/8 odds that there will be no real money poker on July 27, and 9/2 that there will be.

In addition, the company is offering a promo: if a player bets on there being no real money play at Full Tilt on July 27, Paddy Power will boost his or her player PP account with an amount matching the bet.

It has been stated by a company spokesman this week: “Whether Full Tilt Poker is opened or closed on the 27th, players will have good reason to be playing poker on Paddy Power Poker.com. Either way it’s a no lose situation for our punters and poker players as they get paid one way or the other regardless of the outcome.”

[blueday]

Shocking Shutdown of Veteran Sportsbooks

The Greek.com, Bet Jamaica.com and Poker World close their doors

A sudden announcement this week shocked many players and industry observers, as they received notice that the reputable sportsbook The Greek.com closed its doors to its target market - US customers. The fact that no reason has been provided for the closure triggered speculation that the decision may have been made due to the unfavorable climate in the US.

The company’s non-US players have been assured that they will still be served, but the question is for how long, because they comprise a relatively small percentage of the company's client base.

In addition, reports have been arriving that the Greek.com's associated online poker site on the Cake Network, Poker World.com have closed to US action as well.

Prior to this, a subsidiary Bet Jamaica.com advised its players it was closing and transferring them to The Greek.com if they had accounts there, or to Heritage Sports if not.

"Players with balances are free to play or withdraw their funds from Heritage as if accounts were still at The Greek or Bet Jamaica," it was stated on that occasion. "Players will be asked to acknowledge the account transfer to Heritage when they log in to their accounts."

Now with the closure of The Greek.com, players are once again being moved to Heritage Sports.

[blueday]

Bet24 Faces Worst-Case Scenario

Sensitive information on customers stolen?

Bet24.com has been undergoing a serious drama this week, facing a possible theft of sensitive and private financial information on customers.

The Malta-licensed company on this occasion issued a warning to its customers, advising that a breach took place back in December 2009 during which their sensitive data may have been exposed.

Why does this notice come so late, as much as 19 months after the breach occurred, has not been explained. However, the company tried to reassure players that it had taken other measures at the time of the incident.

The company CEO Thomas Petersen on this occasion stated: "We have been informed by police authorities that they have arrested third party individuals who were in possession of unauthorised copies of personal customer information relating to various companies including Bet24."

"The Bet24 customer information was stolen from Bet24 by means of illegal electronic access to our database, which is believed to have taken place in December 2009. We have no information to indicate any unauthorised access to our database or breach of our security systems since December 2009, and we have no reason to believe that accounts registered after 31 October 2009 are affected in any way," he added.

The stolen data involved customer names, addresses, email addresses, user account IDs, account passwords and encrypted payment card numbers. In regards to the ways the information has been used, Petersen specified: "The stolen information is so far known to have been used to access a limited number of customers' Bet24 accounts, third-party accounts and personal email accounts. A small number of customers have alerted us to unauthorised activity on their Bet24 accounts and we have fully reimbursed them for any financial loss incurred on their accounts."

It is still unclear how the hackers gained access to Bet24's database. The site only stated that it is continuing to work with police authorities in their investigation into the breach, and that it had carried out a security audit after the breach.

In its notice, the company asks all customers to monitor and report any suspicious activity on their bank and online gaming accounts, as well as to avoid using the same password on more than one site. Customers who used a Bet24 password for their email account are encouraged to change log in information as a precaution. This warning was particularly addressed to players who registered a Bet24 account before October 31 2009.

The company also advised that "no payment card security codes are stored on the Bet24 database.

"We are working closely with the police authorities to establish how the information was stolen, how it has been used, and which customers are affected. We implemented a thorough security review in 2010, which included an audit by industry specialists and simulated hacker penetration tests, and we have further upgraded the security of our network.

"The Bet24 passwords for all customers who had registered accounts as at 28 April 2007 were reset during 2010. We continue to monitor our systems and customer transactions constantly, and to upgrade our systems regularly."

As far as the recommended security points for players who have an account registered as at April 28 2007, those were the following:

“•If you have ever used your Bet24 password for your email account, then please immediately change your email account password and then change all passwords that you use for any other accounts including your BET24 account

•If you have not used your Bet24 password for your email account but have used it for any other services or accounts, please immediately change the passwords for such services or accounts

•If you believe that your Bet24 account has been compromised in any way, please contact us immediately by email at support@bet24.com.”