Latest Sports News
October, 2009Tain To Offer Sportsbook White Label Deals
Partnership with OddsMatrix the key to expanded offer to licensees Online gambling software provider Tain AB is to offer its licensees an expanded online gambling system, augmenting its existing product line of online casin...
Quick Progress For iCard
Major sportsbetting firms quick to see business advantages The ingenious interactive racecard launched in September has quickly gathered support from leading industry sportsbooks. Press Association Sport reports this week that it has signed up sports...
Online Indian Ventures For Top Uk Companies
Betfair and William Hill Online target Indian market The province of Sikkim is likely to have the distinction of being the first Indian state to issue online gambling licenses, an...
Betfair Investment In Watercooler Confirmed
Online gambling group joins Canaan Partners in investment This (Monday) morning's InfoPowa report on an investment by online gambling group Betfair in California-based social networking applications provider Watercooler has been confirmed. The betting group has been joined by investment house Canaan Partners in closing a $5.5 million Series...
Skybet Revenues Up 9 Percent
Interactive television gambling eases, but rise in online bets compensates BSkyB online and interactive television gambling subsidiary Skybet has posted a full year rise in revenues of 9 percent to GBP 48 million, noting that an easing of the interactive television income stream was compensated by an increase in online bets. Main contributo...
Betfair Explores Online Social Networking
Boosting the business through Web 2.0 Industry sources are abuzz at the news expected later today (Monday) that online gambling giant Betfair's Australian operations are about to make a major investment in the social networking provider Watercooler, an Internet start-up that has registered 26 million users in only two years. Watercooler off...
Betfair Opens U.S. Horserace Betting To Brits
Potential for 2.5 million gamblers Online betting exchange Betfair has scored another American coup, reaching a deal that will allow common-pool betting on next month's Breeders' Cup at the Kentucky racecourse Santa Anita Park, reports Associated Press. The agreement opens the Breeder' Cup to the 2.5 million gamblers on Betfair's books, sig...
Gambling Commission Keeps An Eye On Sportsbetting
But most cases of suspicious activity reported by operators themselves The protection of the integrity of sport in the UK is receiving the Gambling Commission's close attention, although there were relatively few suspicious betting transactions during the period September 2007 to June 2009...and most of those were flagged by betting site operat...
ASA Critical Of Will Hill Online Free Bet Offer
Internet gambling company did not clarify that free bets are deducted from winnings Britain's Advertising Standards Authority (ASA) keeps a stern eye on the advertising of gambling firms, and this week it was William Hill Online under the spotlight for a free bet offer that generated a complaint. The complaint was that the betting company's...
Illinois Horserace Betting Good For Betfair
UK company's investment in TVG acquisition puts it in a strong position The giant British online gambling group Betfair stands to gain substantially - both in revenues and investor confidence - from the decision by the state of Illinois to permit online betting on its horseraces . Earlier this year Betfair acquired the major U.S. horserace...
Sportingbet Placates Horseracing Authorities
Online sportsbetting group volunteers to pay a 10 pc levy Online gambling group Sportingbet, which relocated to Jersey in the Channel Islands last year, has nevertheless volunteered to pay a levy to British horseracing's Levy Board. There has been considerable acrimon...
Ban All Betting By Football Officials And Players Says UK Football Boss
Preemptive move by FA chairman England's top football boss wants a complete ban on betting on the national game by players, managers and officials, reports Associated Press. Football Association chairman David Triesman told the news agency that he wants to end any ambiguity to protect the integrity of the Premier League and English football...
iPhone Sportsbook Launched By Unibet
Mobenga follows up on Nordicbet success Specialist mobile gambling technology firm Mobenga has followed up on its August launc...
Cardiff City FC Finds A New Sponsor, SBOBet
Cardiff City FC finds a new sponsor The failure last month of the sponsorship deal between Cardiff City FC and the Philippines-based 777Ball.com has not left the football club bereft of sponsorship for long. SBOBet.com, an Isle of Man licensed online sportsbook filled the gap this week. 777Ball.com's UK sponsorship ambitions were temporar...
FA Warning On Betting Syndicates
Premier League appeals to football clubs to be vigilant In the football sector, the UK Premier League has written to the clubs under its authority, urging vigilance after it emerged that informants with links to Asian betting syndicates have been passing on live information during academy matches. The Telegraph newspaper reports that the w...
Sportingbet Posts Good Full Year Results
Pretax profit rises to GBP 22 million from GBP 1.2 million in 2008 Internet gambling group Sportingbet has posted a positive set of results for the full year ended July 31st 2009, turning round a loss last year with a solid profit in the current period, mainly from better European sportsbetting action. Net income was GBP 12.4 million ($19.7...
Lottery Criticised For Advertising Its Donations To Youth Sports
Anti-gambling group calls for resignation of management The Nova Scotia Gaming Corporation came under fire from anti-gambling groups this week over an advertising campaign profiling young Canadian athletes who have been supported by funding from the lottery. The Canadian Press reports that members of the GameOverVLTs anti-gambling group cla...
Football Corruption In Dinaburg FC
Dinaburg banned from the league and management shunned The international spotlight on football corruption shifted to Latvia this week, where the regional football association expelled premier league side Dinaburg from top flight competition and banned its club president and trainer for life for betting on games and fixing results, reports the R...
Bet365 Scores Football Coup
Big World Cup qualifier will be broadcast free via the Internet Online sportsbook Bet365 has scored something of a high-tech coup, securing the rights to broadcast the Ukraine vs. England World Cup football qualifier on 10 October over the Internet, the f...
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