February 21, 2012

Betfred agree to payout on Barney Curley coup

Betfred have paid out on the 'Barney Curley coup', ending a 21-month dispute that followed a £4 million paper profit landed by five relatives and friends of the Newmarket trainer in May 2010.

Those involved linked four horses in combination bets. Three of the horses, Agapanthus, Savaronola and Sommersturm, were trained by Curley, who had also once trained the fourth horse, Jeu De Roseau, subsequently trained by Chris Grant. The odds on all four tumbled as the coup unfolded, with three horses winning and Sommersturm losing.

UK bookmakers, including Betfred's betting shop division, and some Gibraltar-based online operators, including Ladbrokes and Stan James, paid out but Betfred.com withheld the £823,000 claimed from them, while 888sport withheld a further £29,000, pending an investigation by the Gibraltar Regulatory Authority (predecessor of the Gibraltar Gambling Commissioner).

In a dramatic conclusion, a joint statement issued by the interested parties on Monday announced that Gibraltar’s Gambling Commissioner had “decided to pursue the matter no further”, prompting Betfred’s Gibraltar-based online operation to pay out and the claimants to discontinue their legal action against the Gambling Commissioner. 888sport, although not a party to the settlement, has alsoagreed to pay the bets.

The settlement prohibits the parties from divulging further details or commenting on the agreement, but represents a victory for Curley and the claimants and a blow to the reputation of Gibraltar’s Gambling Commissioner.

Despite a declaration by the BHA that no rules of racing had been breached, and a ruling favourable to the claimants by the Independent Betting Arbitration Service in respect of a related dispute involving Sportingbet, the GRA instructed operators to withhold payment until its own investigation was completed, an instruction withdrawn in February 2011. Betfred decided to wait until the investigation had been concluded.

In a letter dated May 27, 2011, Phill Brear, the GRA’s head of gambling regulation, criticised the BHA’s stance, asserted that the claimants’ behaviour was “fraudulent” and accused Curley and the claimants of orchestrating “a complex and longstanding deceit”.

Five days later, citing Brear’s letter, Betfred voided the bets under a rule stating “Any person or group of persons acting in an attempt to defraud Betfred.com will have their bets voided”.

The claimants responded by applying to the Supreme Court of Gibraltar for a judicial review of the actions and decisions of the GRA, alleging, in part, that Brear was not impartial and had pre-judged the case.

The episode generated unwelcome publicity for Betfred and soured relations between the GRA and BHA. Paul Struthers, at that time the BHA spokesman, stated: “It is not for the GRA to tellus that we are wrong in our interpretation of the rules. This highlights our concerns in relation to offshore betting operators being outside British gambling legislation.”

Given the Gibraltar Gambling Commissioner’s forcefully stated views on the coup, which Brear described as a “fraudulent enterprise”, the settlement represents a reversal for Gibraltar’s regulatory body.

February 17, 2012

Moldova launches first national lottery with Amaya

Residents of Moldova will be able to participate in a new SMS lottery beginning Sunday following the official launch this week of the nation’s first national lottery.

The national lottery’s new SMS game, known locally as “Milioane Pentru Moldova”, is the result of a 20-year exclusive agreement between the Republic of Moldova and Canadian technology firm Amaya Gaming Group, signed in September 2011.

Under the terms of the agreement, Amaya’s gaming platform will power all of the Eastern European state’s gaming operations which will ultimately include lottery, video lottery terminals (VLTs), sports betting and online gaming.

“We are very pleased to deploy the first of several gaming solutions we expect to implement in Moldova,” said David Baazov, president and chief executive of Amaya Gaming Group. “Our unique SMS technology is proving to be a very effective means of acquiring lottery customers, as it recognises the fact that mobile devices are becoming more and more ingrained into the daily lives of people worldwide.”

Amaya says the agreement with Moldova has the potential to generate recurring revenues in excess of CAD$20.0m annually, with the roll-out of additional gaming solutions planned over the course of this year.

“The National Lottery of Moldova aims to provide for all lottery players equal opportunity to win and also to bring benefits to the state budget, which will be directed towards education, health, sports, and culture areas,” said Victor Barbăneagră, deputy minister of finance of the Republic of Moldova. “We want to follow the good examples from other experienced countries in this field and promote transparency and fair play.”

February 07, 2012

All seems in order for Iowa to set the Internet poker process in action

We’re a little bemused about all the fuss over a proposal for online poker in Iowa.

After all, our state long ago decided people should be allowed to gamble legally, and gaming is easily accessible across the state.

Those proposing online poker have promised safeguards, including preventing underage people from taking part.

Plus, it’s estimated that Internet poker could generate $13 million to $60 million in yearly activity, which could produce an estimated $3 million to $13 million in state revenue annually — revenue that some experts say is now going across state borders. It also was going to major illegal offshore poker operations until last year’s federal crackdown on those operations.

Critics say Internet poker will be the gateway to other forms of online gambling in a state that has shown a lack of restraint regarding gambling expansion.

But gambling has proven wildly popular in Iowa — it’s even a tourist attraction — and has helped pay the state’s bills.

As for lack of restraint on gambling, we reflect back to the TouchPlay controversy when the machines that seemed to be everywhere were switched off by the state in 2006. Officials, prodded by concerned citizens, believed things were getting out of hand because of the easy access and did something about it.

In the case of online poker, we’re satisfied that the state Racing and Gaming Commission would have things well in control, allowing the new form of gaming on the platform of casinos operating in Iowa.

The state would regulate a poker hub operator or operators, and would contract with the state-licensed casinos to operate affiliated online sites within a “closed loop” for registered players ages 21 and older.

Again, Iowans want online poker and it will capture revenue our state needs.

If it can be regulated so people can be sure of an honest game and that underage people are prohibited from playing, we see no reason not to deal the online poker hand.

Better the money go to the state for worthwhile services and projects than elsewhere.

January 31, 2012

myBet.de partners Fortuna Düsseldorf

Online sports betting firm myBet.de has become a premium partner of 2.Bundesliga side Fortuna Düsseldorf.

The multi-year deal, brokered by sports marketing company Infront Sports & Media, begins with the resumption of second-tier German domestic soccer in early February after its winter break.

Under the terms of its second-tier sponsorship, myBet.de will receive advertising within the view of television cameras at Düsseldorf’s Esprit Arena, hospitality at home matches and other promotional opportunities.

While financial terms were not disclosed, the deal is likely to be worth around US$650,000 per year.

Mathias Dahms, spokesman of the board at JAXX SE, the parent company of myBet.de, said: “Fortuna Düsseldorf is a strong and competitive team – an ambitious club that has a fantastic fan base and suitably ‘good fortune’ as part of its name. It is our ambition to be alongside the team when they get promoted to permanently play in the 1.Bundesliga.”

Peter Frymuth, chief executive of Fortuna Düsseldorf, added: “Through the agreement with myBet.de, Infront has won one of the leading companies in the field of sports betting as a partner for our team, one that will stay committed to the club beyond the current season. The significantly increased popularity of our team has contributed to this achievement, allowing us to announce a new premium partner in our sponsorship landscape already at this point in time.”

The current 2.Bundesliga leaders recently won the 2012 Stadtwerke Düsseldorf Winter Cup, an friendly event they hosted as a warm-up for the continuation of the league season.

Gladbach get gaming deal

Bundesliga side Borussia Mönchengladbach have signed a deal with online gaming company Bet-at-home.

From this weekend, Bet-at-home will become a second tier, co-sponsor of the north west German side, currently exceeding expectations in German soccer’s top division.

The company, which also has a deal with Borussia’s local rivals Schalke 04 and has offices in nearby Düsseldorf, will receive extensive branding positions within the team’s stadium.

The sponsorship, which, according to sponsors.de, will run until the end of the 2012/13 season with an option to extend, is thought to be worth just under €1 million per year.

Zimbabwe rocked by matchfixing bans

The Zimbabwe Football Association (ZIFA) has suspended 67 players from the national team after revelations of widespread matchfixing.

A member of the coaching staff, Joey Antipas, also admitted to having accepted bribes from an Asian betting syndicate led by Wilson Raj Perumal, a man jailed in Finland as a result of his involvement in match fixing.

According to the Associated Press, ZIFA uncovered that players and the coach were paid sums of money to lose exhibition matches on trips to Asia from 2007 to 2009.

Notable players that have been banned until further notice are Method Mwanjali, Daniel Vheremu, Benjamin Marere, Thomas Sweswe, Nyasha Mushekwi, Khama Billiat, and Ovidy Karuru.

The decision to suspend the players came during an emergency board meeting to determine the causes for Zimbabwe’s elimination from 2012 Africa Cup of Nations (Afcon) qualifying.

The suspended elements will be unable to represent their country unless they are able to clear the body’s ethics committee.

Players and coaches have not been the only ones affected by the probe as ZIFA was forced to suspend three of its own board members for their possible involvement in the scandal.

January 30, 2012

bwin.party caught up in Megaupload case

bwin.party Digital has defended its link to the recently indicted Megaupload.com, saying it was unaware of any of the company’s alleged illegal dealings.

The colourful founder of megaupload.com known as Kim Dotcom, formerly Kim Schmitz, aka Kim Tim Jim Vestor and Kimble is an internet entrepreneur who was arrested along with four others earlier this week and remains in police custody in New Zealand on suspicion of heading a global criminal conspiracy that involves copyright infringement and money laundering related to pirated films, music and TV programmes through his website megaupload.com

U.S. Authorities are seeking his extradition to face charges in the United States and if found guilty, he could face up to 20 years in prison. Dotcom (Schmitz) has previously been convicted for an array of charges ranging from hacking offences, insider trading, and embezzlement amongst others.

Unfortunately for bwin.party Digital, PartyGaming and its poker arm PartyPoker were named in the indictment under “Third Parties” for paying over $3 million for advertising on the megaupload site. A contract which was initiated around mid-November 2009 before its March 2011 merger with Bwin and was “still active on or about March, 18 2011″. Other’s named included PayPal and Moneybookers.

bwin.party was quick to respond with John Shepherd the company’s director of communications saying the company had terminated the contract once the news broke and that it “had no knowledge about any of the alleged activities undertaken by Megaupload.”

January 18, 2012

Payment processor Rubin pleads guilty to DoJ charges

Payment processor Ira Rubin has pleaded guilty in Manhattan federal court to money laundering, bank and wire fraud, and gambling offenses in connection with a scheme to deceive U.S banks into processing hundreds of millions of dollars in online poker transactions.

Preet Bharara, the U.S Attorney for the Southern District of New York, said that Rubin helped process payments for three of the largest internet poker companies, Pokerstars, Full Tilt Poker and Absolute Poker, by disguising transactions so that they would appear to be on behalf of non-gambling merchants selling clothing, jewellery, sports equipment and other items.

Rubin, a U.S citizen who had been residing in Costa Rica since 2008, was detained in Guatemala on April 26th 2011, and then transferred to the U.S in connection with the indictment unsealed on April 15th that charged him and ten others with crimes relating to the illegal operation of three internet poker companies.

According to the indictment, Pokerstars, Full Tilt Poker, and Absolute Poker turned to third party payment processors following the enactment of the UIGEA as U.S banks were largely unwilling to process internet gambling payments. These third party payment processors, including Rubin, were willing to disguise the payments so they would appear to be unrelated to internet gambling.

The DoJ said that in mid-2008, Rubin, together with co-conspirators, created dozens of phony e-commerce websites purporting to sell everything from clothing and jewellery to golf clubs and bicycles. In reality, these sites were used to disguise Pokerstars’ online poker transactions.

Between 2008 and March 2011, Absolute Poker also used Rubin at various times to process echecks disguised as, among other things, payroll processing, affiliate marketing, and online electronics merchants.

Rubin committed the charged offenses while in Costa Rica where he has been living since 2008.

Rubin, 53, pled guilty yesterday before U.S Magistrate Judge Gabriel W Gorenstein to one count of conspiracy to violate the UIGEA, one count of conspiracy to commit bank and wire fraud, and one count of money laundering conspiracy.

He faces a maximum sentence of 55 years in prison, and is scheduled to be sentenced by U.S District Judge Lewis A Kaplan on May 17th 2012.

Four other defendants charged with Rubin have appeared in the U.S to date, including Bradley Franzen, Brent Beckley, Chad Elie, and John Campos. Franzen and Beckley pled guilty on May 23rd and December 20th of last year respectively, while Elie and Campos are scheduled to go to trial before Judge Kaplan on April 9th 2012.

The remaining six defendants charged in the superseding indictment remain at large.

January 16, 2012

888 launches new Big Brother branded online bingo site

nline gaming operator 888.com has joined forces with Endemol and Channel 5 to launch a new online bingo site based on popular reality TV show Big Brother.

Coinciding with the new series of Celebrity Big Brother currently being broadcast in the UK on Channel 5, Bigbrotherbingo.com is a new interactive online bingo site offering players exclusive Big Brother prizes including behind the scenes access, task props and VIP passes to eviction nights.

“The opportunity to offer the Big Brother brand to our online bingo fans is a perfect match, we are building an offering that truly takes online entertainment to the next level,” said Maurice Karpes, 888.com’s vice president of bingo marketing.

Bigbrotherbingo.com offers games including 75 ball, 90 ball & 5 line bingo, free bingo, penny bingo, as well as daily guaranteed jackpots. The site also offers instant win games such as Bejeweled, Fluffy Favourites and Monopoly.

“Big Brother fans love to immerse themselves in the show via its many different platforms and this deal with 888 and Channel 5 offers another exciting and entertaining way for them to do so,” said Jurian Van Der Meer, managing director of Endemol Games UK.

Agostino di Falco, partnership director at Channel 5, added: “This deal with 888.com and Endemol enables Channel 5 to show how we can create strong partnership deals that offer incremental value to the advertiser.”

In the UK, Big Brother will launch its thirteenth series of the hit TV reality show later this year on Channel 5, having recently moved from Channel 4, while the ninth series of Celebrity Big Brother is currently running on the same channel.

January 11, 2012

Danske Spil beats Ladbrokes - and gains the rights to the trademark for "Danske Spil"

The High Court in Denmark has just now sentenced the English game provider Ladbrokes for having violated the marketing law in a lawsuit filed by Danske Spil. Ladbrokes was sentenced because Ladbrokes from May to September 2008 completed a comprehensive marketing campaign in Denmark under the slogan “Danske spil Engelske odds (meaning ”Danish Games English Odds”). The following text was among other things a part of the campaign:

“Hvad er Ladbrokes) (What is Ladbrokes?)
Danske spil (Danish games)
Samme spil/Samme tryghed (Same games/Same safety)
Engelske odds (English odds)
Større gevinst/Bedre service (Bigger winnings/Better service”

At the same time, Ladbrokes stated in a press release that one is overcharged when gambling with the state’s gambling monopoly, and that Ladbrokes offers exactly the same games with equal high safety standard as the state monopoly, however providing far better odds and chances of winnings.

In the sentence, High Court has just now established that Ladbrokes’ campaign was unlawful, and that Ladbrokes thus must accept to having acted against regulations of the marketing law on good costumes and comparable advertisement.

“We are very satisfied with the sentence and welcome the liberalised gambling marked. However, it is important to us that our new competitors play by the rules. Consequently, it is fine that High Court now has defined fair play within the marketing”, says CEO H. C. Madsen, Danske Spil.

At the same time, High Court determined that Danske Spil has the right to the words “Danske Spil”. Although being two common words – “Danske” and “Spil”, which normally would not gain exclusive rights, High Court has resolved that the Danish people associate these words with the business and products of Danske Spil.

Finally, High Court decided that one particular scene from one of Danske Spil’s previous commercials not quite met the requirements of the marketing law. Danske Spil has, however, long since changed the scene in question.

Furthermore, Ladbrokes wished to have Danske Spil sentenced for having violated the EU regulations by encouraging the market to buy Danish. However, High Court acquitted Danske Spil of all charges.