Category: Sports Betting and Fantasy News
Detectives bust alleged Australian match-fixing syndicate
The Age – Victorian detectives have swooped on a match fixing syndicate operating from Victoria’s Premier League professional soccer division. Fairfax Media can reveal that international match fixing syndicates run by organised criminals have been fixing soccer matches in Australia, making hundreds of thousands of dollars on Asian betting markets. An investigation revealed that up to ten European footballers playing professional football in Australia have been recruited by the syndicate. Some of the players arrested have played professionally in the United Kingdom before coming to Australia. One avenue of inquiry being probed by police is whether the players were recruited…
Football Pools go to France
The Telegraph – The Football Pools date back to 1923 when coupons were first sold to Manchester United fans outside Old Trafford. Despite a sharp decline in popularity during the nineties, they are still played by as many as 500,000 people a year. Sportech revealed on Thursday it has signed a revenue-sharing agreement with France-Pari, which will allow the French to bet both on their own league games but also the English Premier League. Outside of Britain, the Football Pools are played in a number of small countries such as the Seychelles and the Mauritius but France would be a…
Gamblers Still Have To Pay The Piper
Press Release for Wager Web – The NFL is back, and you know what that means: the sportsbooks are going to be overflowing with matchups on the gridiron. But what a lot of gamblers don’t think of is what it will mean in terms of taxes, and there are a few things you need to know before you start racking up the winnings, either at an online sportsbook or offline. First, you should realize that you have to let the IRS know if you have won any money, as that is taxable. There is a line on your tax report…
Unibet Sportsbook enforces controversial rule
SBR – A Unibet Sportsbook manager has informed SBR that the player has now been paid, but his account will remain closed. A Unibet Sportsbook (SBR rating C-) player has claimed that a €868 balance was confiscated. The player indicated in a complaint filed with SBR that his account with Unibet Sportsbook was fully verified. According to the complaint, Unibet accused of breaking section 2.3 of their terms and conditions – a controversial rule. That particular section of the Unibet homepage allows for the sportsbook to confiscate winnings for any reason, at its own discretion, and at all times, invalidate…
Intralot Agrees to Deal in Taiwan with LotRich
Intralot was selected following a “competitive tender process” through its participation as a major shareholder in Taiwanese joint venture LotRich Information. The contract will commence at the beginning of 2014 and run until the end of 2023. Under the terms of the deal, Intralot will provide all of the necessary software and hardware for the Sport Lottery. This will include the LOTOS Horizon platform, B-On platform and iFlex betting platform – all of which will operate on Intralot’s central system, LOTOS O/S. In addition, Intralot will install 1,200 Photon terminals in point-of-sale sites countrywide and 1,200 LOTOS Horizon Multimedia Controllers…
New Jersey man pleads guilty in illegal online sports betting ring
NJ.com – A Bayonne (New Jersey) man charged with participating in an illegal sports betting ring and aiding and abetting it pleaded guilty yesterday morning in front of a Newark federal court judge. Kenneth Baran, 50, and 13 other people associated with the Genovese organized crime family were charged last May in connection with an illegal online gambling operation involving a Costa Rica-hosted sports betting site. Donning a black suit with white pinstripes and a white, button-down shirt, Baran admitted participating in the illegal gambling business that operated through a website, Beteagle.com. Asked why he was pleading guilty, Baran told…
















