William Hill, Bet365 vie to lead in-play betting - survey
Tue 17 Jan 2012
http://winsgame.com/sportsbook
LONDON (Reuters) - Britain's biggest bookmaker William Hill and family-owned Bet365 are vying for leadership of the fast growing in-play sports betting market, a survey of Europe's online betting firms by industry researcher Gambling Compliance revealed.
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In-play betting, which allows gamblers to bet on sporting events while they are taking place, is driving revenue growth across the gambling industry, helping offset stagnant demand for traditional over-the-counter betting.
Bet365, whose television adverts feature the actor Ray Winstone, offered the widest range of sports and events but William Hill offered more possible bets per event, according to the survey, which was conducted in November and December last year.
During the 14-day period of the survey, Bet365 offered in-play betting across 20 sports and 534 events, ahead of Sportingbet on 358, Bwin on 317, Ladbrokes on 313 and William Hill on 297.
However, William Hill was top of the pile in terms of possible bets per event, with an average of 53, well ahead of Ladbrokes on 30, Sportingbet on 25, Bet365 on 24 and Bwin on 23.
Bet365, which has a majority stake in Stoke City football club, is owned by the Coates family. It is chaired by septuagenarian entrepreneur and Labour party donor Peter Coates and run by his accountant daughter Denise.
The survey showed football to be the most popular sport for in-play betting, accounting for over two-thirds of the sporting events on which in-play betting was offered.
Basketball was the second most popular, followed by tennis and volleyball.
(Reporting by Matt Scuffham, Editing by Rosalba O'Brien)
Saturday, January 21, 2012
Friday, January 20, 2012
Intercash Europe Online Payment reintroduces WinningsCard Gaming Card
Intercash reintroduces WinningsCard
1/20/2012
http://winsgame.com
Isle Of Man-based online payment solutions and pre-paid card provider Intercash Europe is celebrating a decade in business and has relaunched its popular WinningsCard innovation.
Similar to the e-wallet formula, Winnings Card is an online gaming card that allows players to instantly top up their personal funds and cash out directly from any website in multiple jurisdictions and currencies with no intermediary.
“After ten years of development and hand-in-hand programme management with MasterCard, we have created the ultimate formula, paving the future of payments in iGaming and allowing the industry to enjoy the power of a direct payment platform,” said Patrick Seguev, Chief Executive Officer for Intercash.
Intercash stated that operators will enjoy the ‘vast benefits of instant settlement, low rates and no rejected transactions’ offered by WinningsCard while it is set to attend next week’s International Casino Exhibition (ICE) 2012 alongside representatives from MasterCard International Incorporated.
“We’re excited to have the executive members of MasterCard Prepaid, Andrew Johnstone and Lee Russell, present in our booth throughout the tradeshow,” said Seguev.
“Both their team and ours will be available to answer merchant questions about our unique programme.”
ICE 2012 will take place at London’s Earls Court Exhibition Centre from January 24 to 26 with Intercash declaring that it will be at booth 5460 ‘to help enroll additional merchants’ into its ‘partnership network’.
Tuesday, January 17, 2012
Foxwoods Resort Casino: 11.4 percent increase in slot machine winnings
Foxwoods Resort Casino: 11.4 percent increase in slot machine winnings
Associated Press
Jan. 16, 2012
http://winsgame.com
MASHANTUCKET, Conn. (AP) — Foxwoods Resort Casino is reporting that slot machine winnings increased 11.4 percent in December compared with the same month in 2010, ending a revenue decline in recent months.
The eastern Connecticut casino run by the Mashantucket Pequot Tribal Nation says slot machine winnings in December were $50.2 million, up from $45.1 million in December 2010. The casino sent $13.7 million of the winnings to the state, under its gambling compact.
Gamblers wagered $602 million on Foxwoods' slot machines last month, a 9 percent increase from the same month in 2010.
The nearby rival Mohegan Sun Casino announced last week that its slot revenue increased 6.7 percent over December 2010.
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