Restructured Sportingbet sees promise in rising turnover
Another online gaming site has reported improved revenues which go against the current air of doom and gloom on the stock markets. Sportingbet plc said turnover was up 24% to £1.36bn for the year to the end of July.
The total value of sports bets in Europe grew by 27.5% to £764.9m during that period, earning [...]
Bookies win 1.5% solution over runners and riders ‘loophole’
An Australian court has found in favour of Sydney’s youngest bookmaker Tom Waterhouse, 26, and his grandfather Bill, over new laws which would have forced them to pay 1.5% of their betting profits to the New South Wales horseracing board.
The laws, which came into effect this month, require all wagering operations that publish information on [...]