Category: Sports Betting and Fantasy News
UK Online Gambling Suspect Arrested At Australian Open
There may be a lot of action when it comes to UK online gambling, but authorities in Australia have arrested a British individual for alleged ‘court side betting’ at the Australian Open tournament, according to the Daily Mail. The 22-year-old is alleged to have been watching games court side and using a special electronic device sewn into his clothes to send messages to an associate who places sports bets before a TV delay. The individual has not been named and police have not released any details as to whether he is resident or is visiting Australia. Victoria Police also confirmed…
English Premier League results cost UK bookmakers ‘up to £30m’
iGaming Business – UK bookmakers said that the latest round of fixtures in the English Premier League top-flight football division could cost them up to £30 million (€36.2 million/$49.3 million) after all top seven sides in the table won. The Reuters news agency said that although stronger sides had the shortest odds, they also attracted the most bets. Bookmakers rely on slip-ups by the favourites to help them make money. Bookmaker Ladbrokes estimated that the set of seven results cost UK betting companies over £20 million, while rival Coral said the total bill could reach £30 million. “We estimate one…
Bulgaria awards second online sportsbetting licence to Sport Toto
iGaming Business – The Bulgarian State Commission of Gambling has issued the country’s second online sportsbetting licence to state-owned operator Sport Totalizator (Sport Toto). The regulator confirmed in a notice on its website that Sport Toto is now licensed to offer betting on sports, horse and dog racing via the internet to customers in Bulgaria. Sport Toto has also been licensed to offer various online lottery games. All Sport Toto products will be accessible through the operator’s official website, Toto.bg. As reported by iGaming Business in September 2013, Bulgarian local operator vBulletin became the first company to be handed an…
Sporting Index unveils upgraded mobile site
iGaming Business – Spreadbetting firm Sporting Index has announced the launch of an upgraded version of its mobile website. Developed in-house by the firm’s London-based software team, the company said that the new version would offer enhanced user experience and navigation through new drop down menus. Sporting Index said improvements behind the back-end technology of the website will form the ‘basis’ of its mobile development moving forward. “We’ve worked hard to upgrade our mobile site so that it exceeds our clients’ expectations for speed, fluency and slickness across an extensive range of handsets and platforms,” Sporting Index’s web and mobile…
U.S. sports teams sign historic deal with Party Poker
Bloomberg – The Josh Harris-controlled Philadelphia 76ers and New Jersey Devils signed a multiyear marketing agreement with partypoker, becoming the first major U.S.-based professional sports teams to align themselves with online gambling. The agreement with the unit of Gibraltar-based Bwin.Party Digital Entertainment Plc (BPTY), the teams and Prudential Center, home to the Devils, comes about a year after New Jersey legalized online gambling, which is expected to be a $7.4 billion business in the U.S. by 2017, according to the research firm H2 Gambling Capital. Nevada and Delaware are the only other states to allow online gambling. “This is our…
Would NBA Ever Set Up Shop in Las Vegas?
Bleacher Report – Construction is a constant in Las Vegas, where older resorts are frequently demolished to make way for newer, spiffier ones and the vast desert surrounding Sin City is always a target for expansion. But the latest news regarding development on the Strip could have implications reaching far beyond slot machines, night clubs and the influx of bachelor/bachelorette parties—and into the realm of the NBA. According to the Associated Press (via ESPN), former NBA player-turned-businessman Jackie Robinson is spearheading a privately funded $1.3 billion project to build a brand-new hotel-arena complex next to the under-construction SLS Hotel and the unfinished…
Cantor reaches settlement with Gaming Control Board
Las Vegas Sun – CG Technology says it has reached a tentative settlement with the Nevada Gaming Control Board over allegations the company, formerly known as Cantor Gaming, was lax in its oversight of employees and kept inadequate records. News of the tentative settlement for an undisclosed amount was announced late this afternoon, after an 18-count regulatory complaint was filed by the board. The complaint landed just hours after Cantor officially announced its new name. The board’s investigation began after the October 2012 indictment of a company executive accused of operating an illegal sports gambling enterprise. Michael Colbert, former director…
UK’s Arena Racing Company chairman resigns
iGaming Business – Lord Howard has resigned from his position as chairman of the UK racecourse operator Arena Racing Company (ARC). Former leader of the UK’s Conservative party, Lord Howard was first appointed to the position in 2008 and retained the role when Northern Racing merged with Arena Leisure in 2012, as reported by iGaming Business. Tony Kelly, ARC’s managing director, said Lord Howard’s decision to resign was ‘not related’ to the company’s business or polices. “We are sad to lose Lord Howard as our chairman but I understand that his decision is not related to the business or policies…
















