Latest Sports News

Launch Of Sports Betting Exchange Imminent

Regulated sports betting fund will introduce trading on sports betting exchanges. The London-based firm Centaur Corporate is to launch a new service trading on sports betting this week, reports the Financial Times. The Galileo Fund claims to be the world's first regulated vehicle for this activity, and will trade in sports such as football, racing and te...

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Richard Glyn To Head Ladbrokes

Spread-betting exec to head one of the industry's top companies. Months of speculation came to a head this weekend with the widely reported UK news that Richard Glynn (45) has been tapped as the new chief executive of major online and land gambling group Ladbrokes. Glynn is currently chairman of Sporting Index, a UK spread-betting company, and is reported...

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Another Sportsbook White Label Deal For Odds Matrix

EuroPoker to launch BetCrib The Ongame-powered online poker and casino operator EuroPoker is to launch its own white label sports betting service using OddsMatrix, the fully managed sportsbook provider and subsidiary of EveryMatrix. The new sports betting service is to be called BetCrib, and the move is a continuation of the operator's strategy of having...

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More Interactive Television Betting Moves By Netplaytv

Challenge Jackpot database acquired from Virgin The UK interactive television gambling company, NetPlay TV has announced that it is to take control of the current Challenge Jackpot database from Virgin Media Television for a fixed cash payment of GBP 1.82 million. The move is a further step designed to achieve the company's goal of becoming the UK's le...

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Treat For Sports Fans

Sky to start 3D television broadcasts European sports fans, and especially football followers, are in for a television treat from April 3rd, when the Sky television network is set to launch Europe's first 3D television channel. Content will include live coverage of the Premier League football match between Chelsea and Manchester United, with five further...

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188Bet To Sponsor Part Of The Betting Channel

Cube Corporation subsidiary will contribute odds for sports events and speciality markets The sports betting website has signed a deal with dedicated sports betting TV service The Betting Channel to sponsor segments of the channel's output. The online gaming and entertainment company will contribute odds for sports events and speciality markets...

Sportsbook Sponsorship

Profits Drop At Football Pools Group

Online casino, bingo and poker division underperforms The predominently football pools betting group Sportech plc has unveiled a disappointing set of numbers that show the group's nlne casino poker and bingo operations have been underperforming, affecting overall operating profit, which fell by 14 percent to GBP 19.5 million over the year 2009. EBITDA dropped...

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About Face By Malaysia On Football Betting?

Despite a history of heavy anti-gambling enforcement, Malaysia may allow betting on the World Cup football this year. Malaysia is a country well known for the strict enforcement of anti-gambling laws, but there may be a change to allow for World Cup football betting this year, reports the Bangkok Post. The newspaper reports that Prime Minister Najib R...

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Sportsbet.Com Under Fire For Promotional Tactic

Minister condemns credit offer Online gambling has attracted more unwelcome Australian media attention in a week that has already seen come under investigation for its promotional activities The Sydney Morning Herald reports that is targeting gamblers low on funds by offering them instant credit of A$200 to induce them to spen...

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A Workaround On U.S. Sportsbetting?

Is this a workable workaround? The Washington Business Journal reports that entrepreneur Jeremy Levine is convinced he's found a loophole that allows online betting on sporting events in the United States....and he's using March Madness to see if he's right. Levine, a resident of Cambridge, Massachusetts, has launched a private beta test of his concep...

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Football Star In Online Betting Trouble

Scottish football legend Colin Hendry borrowed from a friend Making headlines in the UK sports media this week is the sad tale of charismatic Scottish football legend Colin Hendry, who is apparently in financial trouble after letting an online betting habit get the better of him. The Scots football ace lost his wife Denise in a tragic minor surgery go...

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Aussie Horseracing Goes Online

New South Wales Thoroughbred Racing Board to allow bookies to use online betting facilities The New South Wales Thoroughbred Racing Board has agreed to allow bookmakers to bring laptop computers onto its racecourses for the purposes of betting as long as they obey strict terms and conditions. These stipulations, which must be agreed to by both the rac...

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Yahoo Buying Into Fantasy Sports

Mobile and online fantasy sports could be a lucrative new revenue stream Yahoo is buying fantasy sports company Citizen Sports, an enterprise co-founded by an MIT graduate whose card-counting skills helped him win millions of dollars in blackjack and spawned a film and a best-selling book, reports Associated Press. The agency names Jeff Ma, famous for hi...

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Plenty Of Sports Action For Betboo

Latin American sportsbetting operator takes up white label television service The Latin American-facing sports betting operator and Gaming VC subsidiary Betboo will receive over 1 500 televised sports events every year following an agreement signed with digital sports group Perform this week. The events will be presented via the white label live sports in...

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Bluesquare Now On iPhone

Online bookmaker offers sports betting services optimised for Apple's device Online sports betting Rank plc subsidiary Blue has launched its iPhone web app, offering live prices that refresh automatically within the page. In addition, users watching live events covered by the company's 'Bet-in-Running' service will have the updated information...

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Sportingbet In French Online Gambling Partnership

Major newspaper and betting group to collaborate when the French market is liberated Online betting group continued its preparations to enter a liberalised French gambling market with a deal this week with the online version of major newspaper Le Monde. Le and Sportingbet have inked a two-year exclusive partnership which plans to...

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Betfair TV Gets Into Its Stride

Information and in-play betting on interactive television service The world's largest online betting exchange, Betfair, has launched its new in-play betting service for Internet-enabled television sets, opening up new betting opportunities for punters across the world. The BetfairTV system allows punters to use a slimline version of the famously successf...

More Prosecutions From Kansas City Grand Jury Investigation

Four men and two companies face online sports betting related charges The Kansas City grand jury probe into online sportsbetting activities has generated more prosecutions, reports the Kansas City Star, revealing that a federal indictment unsealed Wednesday charged four men and two companies with running an illegal gambling business that attracted about $3.6...

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188Bet Signs First Rugby Sponsorship

Wigan Warriors to partner Asian-facing online gambling site for the 2010 season The Asian-facing and Isle of Man-based online gambling firm 188Bet has signed its first rugby sponsorship agreement - a one-year deal with rugby league football club Wigan Warriors, becoming the team's official betting partner for the 2010 season. 188Bet already sponsors Engl...

Sportsbook Sponsorship

Betfair Report Triggers Aussie Racing Probe

Betting exchange demonstrates yet again that it can be a powerful ally in the fight against sports corruption Australian newspapers are reporting another example of how the online betting industry can help fight corruption in sport through superior record keeping and bet tracking. Online betting exchange Betfair has once again collaborated voluntarily wit...

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