May 29th, 2011 by admin
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ZapTheDingbatLast week a court in Bochum, Germany handed down jail sentences of three to four years to gamblers and betting-shop operators convicted of bribing players to throw soccer games or manipulate matches.
And it's not just soccer. The popularity of online sorts betting has made it even more tempting and profitable to bribe athletes in many different sports, from Japanese sumo to Pakistan cricket and British horse racing. Despite the fact that many athletes are already highly paid, they still seem prone to fall prey to bribery all too often. And with the spread of internet betting, it isn't just the result of a contest that can be fixed. A corner kick, a no-ball, or a horse not ridden to the full can all be bet upon with the click of a mouse.
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May 28th, 2011 by admin
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markhillaryUS and Canada, being plagued by online gambling, are trying to deal with this problem. Unlicensed offshore gambling businesses have been beaming into these two countries via internet and they offer betting services of all types. It is quite certain that these offshore companies make huge amounts of money, about million dollars, from US and Canadian economies on a tax-free basis. Many online gambling sites in UK and Antigua are licensed.
But UK and Antiguan do not monitor their license for other countries. In 2006, David Carruthers, chief executive officer at Betonsports (the company which was licensed in the UK, but not in US) was arrested by the US authorities. The company accepted bets from US residents. Carruthers was sentenced to jail for 33 months.
In spite of being the illegal offence, online gambling continues to pour out money on a tax-free basis.
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May 27th, 2011 by admin
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Joelk75The Council of Australian Governments gave an ultimatum to online sports gambling companies and television companies to stop broadcasting updated odd sports gambling odds while a game is in progress. The Select Council of Gambling Reform is worried about how promotion of sports gambling by commentators and sports roles models is affecting sports. For instance, Australian commentators have been known to give updated odds by different sports gambling agencies during live commentary.
The government has threatened that it will bring in a new law to ban sports gambling unless the television companies stop giving betting updates while a sporting event was in progress. The ultimatum has asked all the broadcasters, sport executives, and bookmakers to do away with all sports gambling ads and updates within a year.
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