Sports
New Football Player Stock Exchange Created in UK
- November 3, 2015 By Nemanja L. -
While the controversy surrounding daily fantasy websites continues, a UK gaming company BetIndex Ltd has launched a new venture that combines sports betting and stock exchange. And while popular exchanges Betfair and Matchbook are themed around the format that sees their customers trading prices on football matches, BetIndex’s flagship product has created an actual stock […] Continue Reading
Daily Fantasy Sports Might Have Negative Impact on Casinos and Lottery
- November 2, 2015 By Oliver Young -
According to a new online survey conducted by the Leger Research Intelligence Group, daily fantasy sports (DFS) may threaten online casinos and lottery. The results from the online pool revealed that 1,004 US players of daily fantasy sports spent more money and time on online DFS rather than on casino games and lotteries. In particular, […] Continue Reading
Racing Operators Warn UK Bookmakers to Pay Up
- October 21, 2015 By Nemanja L. -
The two leading horse racing operators in the UK have joined efforts to ban any commercial deals with the country’s bookmakers who do not make sufficient contributions to the sport in question. Arena Racing Company (ARC) and Jockey Club Racecourses (JCR) made it clear on Tuesday that they fully supported the British Horseracing Authority’s (BHA) […] Continue Reading
DraftKings, FanDuel Under FBI Investigation
- October 15, 2015 By Nemanja L. -
Daily Fantasy Sports (DFS) companies found themselves in hot water after it was revealed that the Federal Bureau of Investigation had launched investigation designed to determine whether these websites run gambling operations and thus violate federal law. According to the Wall Street Journal, FBI agents have contacted a number of DraftKings customers to enquire about […] Continue Reading
US Sports Betting Could Generate Over $12bn Per Year
- September 10, 2015 By Nemanja L. -
While many recognize the huge potential of the United States gambling market, the recent study has shown that the country’s sports betting market could generate huge revenues in the future. Gambling is currently legal only in Nevada, New Jersey and Delaware, while some other states such as California and Pennsylvania are in the process of […] Continue Reading
Lucky Punter Takes Advantage of Historical Week in MLB
- August 18, 2015 By Nemanja L. -
Major League Baseball have seen one of the strangest weekends in the league’s history, but what is even more impressive is that one lucky punter managed to capitalise on what was a strange sequence of events. For the first time in MLB history, all 15 home sides won their matches last weekend, and the odds […] Continue Reading
Roy Keane Takes Paddy Power to Court
- July 14, 2015 By Nemanja L. -
Former Manchester United star Roy Keane has begun legal proceedings against Irish bookmaker Paddy Power for supposed image rights infringement and he could earn up to €100,000 in damages. The current assistant to Republic of Ireland manager Martin O’Neill had become famous for his harsh tackles and fiery temperament, and he is once again taking […] Continue Reading
Betfred Posts Almost £2b in Online Betting Revenue Over 18-Month Period
- July 2, 2015 By Nemanja L. -
United Kingdom gaming company Betfred have announced a staggering revenue of £1.9 billion during the period of 18 months that ended on 28th September 2014. Since its last public announcement of figures, the UK operator went on to change the date of its fiscal year, meaning the 18-month period has been compared to the previous […] Continue Reading
Golfer Phil Mickelson Linked to Illegal Gambling Operation
- June 30, 2015 By Nemanja L. -
ESPN has learned that world-famous golfer Phil Mickelson has been involved in an illicit gambling operation performed by one Gregory Silveira, who admitted to laundering almost $3 million. The PGA Tour star will be facing no charges for his involvement in the money laundering scheme, although this is yet another matter that could put a […] Continue Reading
William Hill Pulls Out of Portugal, Estonia
- June 26, 2015 By Nemanja L. -
William Hill, one of world’s longest-running sports betting operators has informed their customers that they will no longer be accepting players from Portugal and Estonia due to recent regulatory changes. The operator’s affiliate partners as well as their customers have been notified via email on Wednesday that the company would no longer accept players from […] Continue Reading