Sports Betting News
Sports Betting News - Archive 2008-11
Delaware May Soon Offer Residents Sports Betting Options

New circumstances have arose that may see Delaware lawmakers approve sports betting for the state. The nearby state of Maryland has now voted to create five slot machine facilities that would most certainly compete with Delaware’s three racinos that use slot revenue to stay afloat. A new governor has also been appointed that may help legislation get passed. (26/11)

Ireland Online Betting Stays Tax Free

Brian Lenihan, the Minister of Finance for Ireland, has stated that online and telephone betting will remain tax-free as other sports betting venues will have taxes raised slightly. The online and telephone betting services could see taxes in the future but for the Government of Ireland needs more time to study the betting industry and decide on the best move. (24/11)

Sports Betting Product the Next Move for GigaMedia

GigaMedia have reported a strong increase in revenues in the third quarter and have stated they will be launching an Everest branded sports betting product by the end of this year. GigaMedia saw a 16% increase in the third quarter that resulted in $45.7 million US dollars and saw an 18% year on year growth. (19/11)

Premier League Sack Race Betting Suspended at Paddy Power

Betting was suspended by Paddy Power last week on the Premier League sack race after certain circumstances took place. A good number of bets were posted and rumors spread of a Roy Keane walkout at Sunderland. (17/11)

New York Sports Betting Operation Busted; Ten Arrested

Sports betting operation was busted on Monday in New York and ten men were arrested. Two other men are wanted as well who will be brought up on charges as part of a multimillion dollar sports gambling operation. (13/11)

Police Raid StanleyBet Outlet in Greece

StanleyBet recently opened two betting outlets in Greece and one shop has already been raided by the police. The Athens outlet was raided after a complaint was filed by OPAP, the Greek betting monopoly. The Outlet was accused of having illegal betting activities. (11/11)

Stanleybet Launches New Ad Campaign

Stanleybet International is a betting group in the United Kingdom. The company has stated they want all European Community gambling markets to be open, fair and give equal access to companies in the EU member nations. To help with their beliefs the company has decided to launch a new ad campaign called Fair Play For Sports Betting. (07/11)

Regulated Sports betting Closer for French

The French Budget Minister, Eric Woerth, has stated that the regulations and legislation on Internet sports betting is expected to be in place by late 2009 to early 2010. This is according to a report by Reuters. Woerth was speaking at the Palais Omnisports de Bercy in Paris, France. (05/11)

In-Run Betting Now Available for Melbourne Cup at Betfair

Betfair Australia has now introduced in-run betting to take place during the Melbourne Cup. A spokesman for Betfair stated that it is believed that in-run betting will most likely dominate gambling in Australia as bettors become more technologically inclined. (03/11)

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