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May 20th General news ... Sports Gambling odds created to assist the sports bettor in properly handicapping
Sports Gambling odds created to assist the sports bettor in properly handicapping . In order to profit in from a complex games , the bettor must be as informed as possible on the ever changing statistics and trends.
General News
CANADIAN BODOG REASSURES PLAYERS (Update)
2012-03-02
With all the media attention - and not a little misguided speculation that the Bodog domain seizure included the shutdown of similarly branded but different sites - it made sense this week for the Canadian franchise holder of the Bodog brand to explain what was going on to its players.
Canadian Bodog operations are managed by brand franchisee Bodog Europe, which holds an Antiguan licence, and the players were informed:
You may have read some sensationalist headlines about the Bodog brand recently but we wanted to let you know that the issues being talked about only relate to the domain Bodog.com and its historic operations in the US.
Bodog.ca has never accepted a wager on its website from anyone resident in the US. It is operated by Bodog Europe pursuant to an Antiguan licence and is not in any way associated with the domain bodog.com or its prior operations.
As a Canadian customer we would like to assure you that Bodog.ca has not been affected by recent actions. As far as we are concerned it is very much business as usual and we hope you continue to enjoy the site.
AFRICAN ARRESTS IN INTERNET LOTTERY SCAM
2011-12-21
Analysts study slow start to trading
The IPO on Nasdaq last week of social gaming giant Zynga was the subject of analyst assessments Tuesday following the company's disappointingly slow progress - it closed almost a dollar down on the $10 listing price Monday.
The San Francisco online gaming company, which generates most of its revenue from games on Facebook's social-networking platform, sold 100 million shares at $10 apiece Friday, raking in $1 billion and valuing the company at $7 billion (see previous InfoPowa reports).
However, the stock price began falling almost immediately after hitting the open market, and shares ended down 5 percent at $9.50. That pattern didn't change Monday, as Zynga stock slid to a closing price of $9.05.
Some analysts believe the stock is suffering from a large offering and increased competition. The offering represents 15 percent of the company, a much larger offering than other recent tech IPOs such as LinkedIn, Groupon and Jive, which all offered less than 10 percent.
That decision led to the inability of individual investors excited about the stock to raise the price, said Sam Hamadeh, CEO of PrivCo.com, which compiles financial data on private companies. The offering was "too big to move," he said.
Other observers opined that the company's reliance on Facebook and fears that its meteoric growth may be plateauing could have discouraged investors, along with a changing sentiment toward tech companies, with buyers becoming more sceptical and perhaps fearful of another internet bubble.
They pointed to recent IPOs that excited initial interest that proved unsustainable: LinkedIn's May IPO saw the stock price quickly double, whilst Pandora hit $16 despite only targeting a high end of $12. However, both companies were unable to hold on to those highs, and other tech IPOs in recent weeks also failed to live up to their initial hype, with Angie's List and Groupon both struggling to maintain early momentum.
Jim Krapfel, equity analyst at Morningstar, said investors viewed these as cautionary tales when evaluating Zynga. He claimed the market turned negative in August: "Until that improves meaningfully, that kind of trend will likely continue into 2012."
The economic recession has not helped confidence either, Hamideh observed.
APPT MELBOURNE DOWN TO FINAL TABLE
2011-08-01
Finalists compete for A$330,000 main prize
In Melbourne, Australia nine players survived to a final table in the Asia Pacific Poker Tour V's first stop, with New Zealander Phil Willcocks (28) continuing his long run as chip leader in this exciting event into the Day 4 finale, and a A$330,000 incentive to excel.
The final table of survivors from an original field of 260 is:
• Phillip Willcocks 2,317,000
• Leo Boxell 1,170,000
• Phares Bouya 910,000
• Michael Frydman 741,000
• William Jones 730,000
• Jackson Zheng 640,000
• Julius Colman 513,000
• Van Marcus 346,000
• Eddie Mascardi 335,000
When play recommenced Monday, it took only four hands for the first player, Julius Colman, to be eliminated in a clash with William Jones. Colman headed for the cashier and a ninth placing payday of A$27,000.
When InfoPowa went to press the action was at level 20 and the chip lead had changed, with Steve Bouya leading on 1.7 million, ahead of three other players who had cracked the million chip mark, William Jones (1.4 million); Phillip Willcocks (1,2 million) and Leo Boxell (1,1 million).
The next player eliminated takes home A$36,700.
PADDY POWER POSTS STRONG YTD RESULTS
2011-05-18
Online revenues show solid growth with UK and Irish mobile gambling up 298 percent
Irish bookmaker Paddy Power announced in an Interim Management Statement that its strong momentum continues into 2011 for the period 1 January 2011 to 15 May 2011 (YTD).
Key performance indicators include:
- Group revenue up 21 percent year to date
- of which 33 percent growth in online revenues and 7 percent growth in retail revenues.
- UK and Irish online business:
- paddypower.com's online sportsbook performed strongly with total amounts staked up by 46 percent.
- amounts staked via mobile showed a 298 percent growth with 34 percent of its active customers transacted via mobile.
- Sportsbook Gross Win up 60 percent
- Gaming/B2B Gross Win up 26 percent
- Australian online business:
- Amounts staked up 7 percent
- Gross Win up 13 percent
Nigel Northridge, Chairman, Paddy Power PLC said "The comparative period for the remainder of the year benefited from the football World Cup, as well as very favourable sports results. However, the strong underlying momentum in the Group should help to offset these factors, and consequently the Board looks forward to the balance of 2011 and beyond with confidence.”
COURT CONFIRMS CZECH LOTTERY INSOLVENCY (Update)
2011-03-30
National lottery operator Sazka had 10.5 billion crowns ($604.1 million) in debt as of September 2010.
A Czech district court has placed national lottery operator Sazka into insolvency after it applied last week (see previous InfoPowa report).
A Reuters news agency report reveals that a meeting of Sazka's main creditors has been called for May 26.
Sazka is owned by Czech sports unions, and reportedly had 10.5 billion crowns ($604.1 million) in debt as of September 2010.
One investor, financial group PPF, earlier took over debt owed by Sazka from its largest creditor and planned to coordinate steps with other creditors, namely Czech investment group KKCG, the report notes.
In January this year Sazka delayed part of a payment on its 2021 amortising bond and lost its rating from Standard and Poor's, although the payment was made later.