Betting on sports of course is a lot of fun and is tremendously popular among sports bettors .The enthusiasm and thrill of the sport games drive bettors crazy and obviously the main goal or motive of bettors is basically to make money or profit from betting. To win over the long run in the betting, bettors will always want to give themselves the best probabilities. To watch the big excitement of the game large number of people doesn’t mind to spend few bucks on their much wanted team and game. Sports betting actually gives you a possibility to have the…

Yahoo has unveiled a retooled version of its fantasy sports mobile app that lets users wager real money daily and weekly against their friends and in bigger online tournaments. It seems that the company is looking to supplement its stagnant advertising business with a new foray into legal online gambling. To generate income from the venture, Yahoo will keep about 10% of the entry fees paid by the players, this according to Ken Fuchs, Vice President of publisher products at Yahoo. The company said that said playing its Daily Fantasy Sports game is legal in 45 states, with just Iowa,…

Ladbrokes has announced that it has halted operations in Denmark as of July 7 and will leave the Danish gambling market. The bookmaker confirmed the news in a statement on the Danish version of its website, informing Danish players that they have until July 31 to withdraw any remaining funds from their accounts. The website has already stopped accepting new customers and will no longer process any new bets. Although Ladbrokes did not confirm in the statement the reasons behind its exit from Denmark, various reports have suggested that the bookmaker had not been reaching its profit targets in the…

Canada’s single-game sports betting bill is as dead as a doornail. Canada’s Senate adjourned for the summer on Tuesday without holding a third reading or a vote on C-290, the bill that would have allowed Canadians to make single-game sports wagers with their provincial lottery corporations. With a federal election scheduled for this fall, all legislation not yet approved officially dies on the order paper. Under Canada’s Criminal Code, the lottery monopolies are limited to offering parlay sports wagers. NDP Member of Parliament Joe Comartin, whose Windsor constituency includes a Caesars casino that would love to add a proper sportsbook,…

Top gambling operators William Hill and Ladbrokes are about to be under investigation by the Australian Federal Police due to allegations of both companies breaking local gambling laws. According to reports first revealed by The Australian, the two companies may be facing multi-million dollar fines if they are found guilty of breaching specific gaming laws. It is believed that both companies has breached the ban in place for live betting in Australia. Last month, allegations of both firms taking bets online surfaced. The companies were reportedly allowing customers to keep their microphone on at the computer to try and stay…

Professional golfer Phil Mickelson has been linked to an illegal sports betting ring after it was claimed that almost $3 million (€2.7 million) was laundered from the player. According to a report on ESPN’s Outside the Lines, former bet handicapper Gregory Silveira of California agreed to plead guilty on three counts of money laundering that took place between 2010 and 2013. Silveira, who was working for an offshore gambling organisation, admitted to laundering the money from an unnamed client, said to be US golfer Mickelson. Court documents state that the ‘gambling client’ transferred two lump sums – $2.5 million and…