Online Gambling Press

One of the bigger surprises this Saturday was seeing that Sportsbook.com had slashed General Quarters Kentucky Derby betting odds down to +500, making him nearly a favorite to win the race.  By far, the best odds on General Quarters were found at SBG Global where the payout would be $2000 on every $100 bet.  One would want to lock those odds in quickly if they happen to believe General Quarters can win the 2009 Kentucky Derby. So what’s going on with General Quarters that we didn’t know about yesterday? "He’s America’s horse and everyone wants to support him," said Don  [ Read More ]

While I Want Revenge was still officially the favorite, Friesan Fire has now surpassed Dunkirk with the second shortest odds of winning the 2009 Kentucky Derby.  He is now within a point of becoming the favorite at online gambling sites the likes of betED.com. Friesan Fire came in with odds of +350 that would pay out $350 on every $100 bet.  I Want Revenge was listed with +280 odds for a payout of $280 on every $100 bet. Friesan Fire was the winner when it came to expert consensus picks Friday night. Tom Amoss is a Churchill Downs trainer and  [ Read More ]

Jackpot The jackpots are not usually the focus for online casino players on the weekends. Most casinos run slot tournaments that last the entire weekend and players like to try their luck against other players.This weekend, however, there is added incentive for many US online players. It was a slow week for jackpots at US friendly casinos, meaning that there could be a couple of jackpots hit over the weekend.“During the week, everybody is concerned with family life and their jobs,” said observer Nellie Murtode, “But on the weekends the action at these casinos really heats up, and with more  [ Read More ]

WASHINGTON (Reuters) – U.S. Rep. Barney Frank, chairman of the House of Representatives Financial Services Committee, said on Tuesday he would introduce a bill next week to overturn a three-year-old U.S. ban on Internet gambling. The legislation, likely to be opposed by anti-gambling Republicans, would overturn a law imposed during the Bush administration that has hurt U.S. trade ties with the European Union. Frank said the bill was being drafted this week. "We’ll be introducing it next week and I plan to move on it," said Frank, a Democrat, speaking at the Reuters Global Financial Regulation Summit in Washington. The  [ Read More ]

April 27 – 32Red Plc, the award-winning online gaming operator, announces the launch of 32Red Spreadbet, a platform for financial spread betting and contracts for difference (CFDs). 32Red Spreadbet is the result of a partnership with CMC Spreadbet Plc and CMC Markets UK Plc who are authorised and regulated by the Financial Services Authority. The partnership offers 32Red customers access to a multitude of financial markets around the globe. Commenting on the launch, Martin Saunders, Trading Director, said: “Our agreement with CMC Markets enables us to offer an exciting new group of products to our customers. Trading on financial markets  [ Read More ]

WASHINGTON (AP) — The Poker Players Alliance is betting $3 million that it can overturn an Internet gambling ban, or at least carve out an exemption that would legalize and regulate online poker. The alliance, chaired by former Sen. Alfonse D’Amato, R-N.Y., says it plans to spend that much on lobbying in this session of Congress. The group gets its money from the Interactive Gaming Council, a Vancouver, British Columbia-based trade association for online casinos, as well as from its poker player members. The alliance is up against some tough competition. The National Football League says gambling threatens the integrity  [ Read More ]

A study conducted by Harvard Medical School’s Division of Addictions has led to a reassuring conclusion for those who naysay online gambling. According to reports, the huge increase in online gaming has not led to increased gambling addiction. Quite the opposite was noted, in fact – supposedly, online players are more likely to regulate their wagering based on wins and losses. Those affected by ludomania, i.e. gambling addiction, do not have such self-control. “The very first thing we learned, which we didn’t expect, was that the vast majority, the overwhelming majority, of gamblers online gamble in a very moderate and  [ Read More ]

Schweizer Fans von Online Poker haben einen Grund zur Freude: Wie es momentan aussieht, plant der Schweizer Bundesrat eine zukünftige Lockerung des Schweizer Spielbankengesetzes. Um dem steigenden Interesse an Online Poker, sowie der wachsenden Begeisterung für andere Online Casino Spiele (Schätzungen zufolge besuchen 35.000 Schweizer jährlich eine Glücksspielseite im Internet – bislang noch illegal) gerecht zu werden, hat nun der Schweizer Bundesrat auf Empfehlung der Eidgenössischen Spielbankenkommission (ESBK) die Absicht, das Schweizer Spielbankengeset zu ändern. Zukünftig sollen in begrenzter Anzahl Konzessionen für Internet Glücksspiele an Online Spiele Anbieter vergeben werden, gleichzeitig jedoch auch illegale Angebote von ausländischen Anbietern kontrolliert und  [ Read More ]

America’s Gulf Coast region land casinos continued to battle with the effects of the recession through March 2009, suffering a 16% drop in revenues compared to March 2008, according to local media reports and official statistics. The Sun Herald Biloxi quoted Silver Slipper Casino General Manager John Ferrucci as saying: “It’s really just a sign of the times. All the operators pretty much saw it coming.” But he added that he remains optimistic. “We’re already seeing some increase in April that we didn’t see in March. We are still real bullish on the Gulf Coast market.” The 11 Coast casinos  [ Read More ]

Sunday, Spanish joint venture company Betbull bwin Espana SA opened four “w1nners” shops in Santiago Bernabeu stadium, home of football club Real Madrid. The shops are located in the stadium’s Palcas zone and are the first to offer live, on-site betting in Spain. According to a company press release issued Friday, the shops offer 13 types of bets before the start of each match. The company said that the four shops are similar to the w1nners betting corner in the Diversia shopping center in Alcobendas, Madrid. In September, the joint venture company acquired a retail-betting license for the province of Madrid.  [ Read More ]