Sportingbet PLC incur a one-time charge of 252.4 million pounds (US$492.4 million; €373.7 million) after selling off its American operations.
Sportingbet bailed out of the once-lucrative U.S. market, selling its sports-betting, casino business and poker operations last month to Antigua-based Jazette Enterprises Ltd. the day that U.S. President George W. Bush signed a law that criminalizes fund transfers. US. bets accounted for about two-thirds of Sportingbet’s profit.
Betfair has completed the acquisition of Timeform, the publisher of horseracing ratings, form guides and analysis.
All Slots Casinohas unveiled its newest progressive wonder: Mega Moolah, a mega-sized progressive video slot game that offers four-tiered jackpots, with the biggest one starting at a sizzling $1,000,000.
James Giordano, one of those arrested in an FBI operation to break up an illegal online gambling ring worth US$3.3bn, has been refused bail at Queens Criminal Court in New York.
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