Nevada Legislature to Consider Election Betting

Ever wanna try election betting? Well, Nevada is thinking about it, too. What are the odds of Hillary Clinton being elected as the next president? Folks in Nevada may just get a chance to place a wager on who will win federal elections under a plan that has resurfaced. A legislative committee will decide Tuesday whether to recommend if Nevada should allow election betting on federal races, making available here bets that can already be placed overseas. State Senator Tick Segerblom, D-Las Vegas, introduced a bill in the 2013 Legislature to permit wagering on federal elections. Senate Bill 418 passed…

William Hill hit by football results in first quarter

iGaming Business – UK bookmaker William Hill has cited two “substantial” loss-making weeks driven by football results as one of the main reasons for a year-on-year drop in profit during the three months to March 31, 2014. The company reported that operating profit for the first quarter was down 14% on the same period last year. Retail suffered the most with a 25% drop while online operations also fell 6%. William Hill’s retail business was responsible for 57% of total group revenue, while online and Australian operations contributed 32% and 8% respectively. Over-the-counter amounts wagered via the bookmaker’s retail business…

Betting business thrives in Pakistan

Aljazeera – Gambling has been illegal in Pakistan since 1947. But the ban has not stopped the industry from thriving. There are hundreds of illegal gambling shops across Karachi. The punishment for breaking the law include a $10 fine and up to one year in prison. These lax penalties, combined with poor enforcement, allow illegal betting to thrive. LISTEN TO FULL REPORT

Rugby League – Worrincy banned for betting breach

Yahoo – The 28-year-old has been suspended for six months after being found guilty by a Rugby Football League operational rules tribunal of breaching the sport’s rules relating to gambling. Worrincy was investigated after his betting activity came to light from the sharing of intelligence between the RFL and the Gambling Commission’s sports betting intelligence unit and related to matches between May 2012 and September 2013, some of which he played in. Batley players Johnny Campbell and Ayden Faal were punished in February for betting on matches, including the 2013 Championship Grand Final. Campbell, who played in the final, was…

Could South Korea Be a Winning Bet?

The Motley Fool – With gaming growth in Macau and hopes for Japan later this year, gamblers and investors alike are wondering which countries will also follow suit and ramp up their gaming industries. Because the country wants to support cultural development and it already has a head start with its leisure and gaming industry, South Korea might become yet another high-profit growth region for gaming in South East Asia. Since the South Korean government decided to allow large-scale casinos in the country two years ago, only one company has successfully won a bid to build there. Genting, the operator…

Five held for betting on Asia Cup final in Mumbai

Times of India – Five men were arrested for betting on a cricket match from a flat at Versova’s Yari Road on Saturday evening. The accused were betting on the Asia Cup final between Pakistan and Sri Lanka. A raid was conducted around 4.45pm in flat 303 of Shiv Shakti society by the Social Service Branch (SSB) of Mumbai police. Those held are Rajendra Kaul alias Jojo, Rahul Kumar Tuli, Rajendra Sanchla, Ramesh Nohani and Asim Hanif Khan. Rs 1.07 lakh in cash were seized, besides a laptop, 26 mobile phones and other equipments. A case was registered under provisions…