Pinnacle Sports to Exit from UK Market

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Curacao based Pinnacle Sports, the online gaming website that was founded in 1998 and has since become one of the world’s largest, fully licensed, online sports books, is the latest online gambling operator to announce its imminent exit from the U.K. market.

The operator issued a statement last Thursday advising that owing to imminent changes to the gambling licensing regulations in Britain, Pinnacle Sports will be unable to offer their services to any players that are resident in Great Britain after Tuesday, 30th September, 2014.

Pinnacle Sports provided clarity on the implications for existing U.K. players by revealing that amendments to the Gambling (Licensing and Advertising) Act will come into force on Wednesday, 1st October, 2014, that will see all companies that advertise or provide gambling services to British residents to be required to obtain a license from the British Gambling Commission.

Launch of New Social Sports Betting App

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The recent launch of Tipday, a free sports tip facility from 180Vita, which is available in both iOS as well as Android formats will see social sports betting fans having the opportunity to access a new aid on their smartphones and tablets this week.

The new apps will allow fans to predict match results as well as correct scores on thousands of football fixtures which includes all English Premier League and La Liga matches.

Players who access the apps are given the social and personal opportunity to make free bets which will allow them to see what they could have won or lost, using realtime and factual odds from seven of the leading bookmakers in the world that includes William Hill and Paddy Power. These free bets will allow punters to try out the facility and practice before making the decision as to whether or not to put real cash on the line.

A spokesman for 180Vita, Jamie Nevin, said that from the outset, Tipday has planned to cater for sports fans that are forever with their mobile phones while watching a game, by introducing a mobile friendly product. He added that the intuitive nature of the Apple and Android Apps gives punters the opportunity to get a feel for sports betting wherever they are without having to spend anything.

Nevin revealed that each correct tip that is tied to bookmakers’ odds will earn points and that tipsters will have a chance to follow the most successful tipsters and then copy or challenge their predictions.

Over 7,500 tipsters have already signed up to Tipday and those members who also sign up to real-money betting sites through this sports tip facility will benefit from great promotions and special bonus offers.

SBObet Exits British Market

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Isle of Man-based but mainly Asian facing online sportsbook SBObet is following the Gibraltar-licensed operator Mansion Group and is leaving the gambling market in the United Kingdom due to changing regulations regarding online gaming in that country.

SBObet has also communicated with its British players, advising them that it will be officially closing its virtual doors on Monday, 15th September, 2014, which is one day before the UK Gambling Commission (UKGC) deadline for the submission of new license applications.

The company revealed that its decision to exit the UK gambling market is a direct result of the new gambling laws in the UK that is due to be implemented on 1st October, 2014. However, SBObet assured punters that all obligations would be honored and that they would have until the 30th September, 2014 to withdraw any positive account balances that they may have in full. Punters who fail to do so will be refunded by the company when it shuts down its accounts.

While wagering will end on the 15th September, 2014, bets that have already been placed on events past that date will be settled by SBObet once their outcomes have been determined.

The UK market is currently undergoing a transformation following the passing of the Gambling (Licensing and Advertising) Act earlier this year. As of 1st October, 2014, any company that accepts online wagers from punters in the UK is required to hold a UKGC-issued license while as of 1st December, 2014, UKGC-licensed firms will be required to pay a 15% point of consumption tax (POCT) on any wagers that have been placed by UK punters.

United Kingdom Gambling Commission Teams up with Crimestoppers

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The United Kingdom Gambling Commission (UKGC) has announced that it intends teaming up with the independent charity group, Crimestoppers, in an endeavor to protect the public against the crime of match fixing.

It would appear as though match fixing has an extremely detrimental affect on sports in the United Kingdom, as well as the entire sports betting industry.

In order to try and stop the rising wave of match fixing Crimestoppers will pass on any reports from the public with regard to gambling related corruption or other crimes to the United Kingdom Gambling Commission. It is hoped that some positive results will be seen from this partnership in the long run.

Nick Tofiluck, the Director of Regulation for the United Kingdom Gambling Commission, is pleased with the collaboration between the two groups and reported that they are delighted with this new arrangement as it strengthens the collaboration between themselves and law enforcement through the charity. He added that the agreement builds on the fantastic relationship that they already have with the UK Police forces and National Law Enforcement agencies and that it makes it clear that they take the threat of criminality and match fixing very seriously.

Tofiluck also said that match fixing affects the legitimate interest of the public, sports betting operators, sports and the GB’s reputation for integrity and that it is the responsibility of everyone to ensure that this is tacked quickly and that Crimestoppers now provides an opportunity for those with information to pass this to the Police and Gambling Commission as soon as possible.

Crimestoppers have promised to take all information anonymously and has guaranteed that the identity of anyone reporting a crime will not be revealed.

Alabama Online Bookie Charged for Operating Online Sports Betting Site

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A Hoover man has been charged by Federal authorities for operating an online sports betting site called betkill.net.

According to prosecutors, 39 year old Mark Andrew Edmondson violated interstate commerce laws by serving as an online bookie and taking money and bets on games for almost three years. An amount of $67,000 which is the profits of his business as well as other assets is currently subject to forfeiture.

Edmondson, whose arraignment has been set for Thursday, 11th September, 2014, has entered into a Plea agreement with the U.S. Attorneys Office in Birmingham.

Edmondson’s attorney, Tommy Spina, revealed that the gist of his client’s offense is the transmission and wagering of information on the internet and that despite the fact that he has been involved in almost every bookmaking case in recent history, this is the first case that he has seen charged like this and probably the first one at all in at least ten years.

Court records reveal that Edmonson was the owner of a consulting firm for sports events called A & C Professionals and after becoming the administrator of the website – www.betkill.net in July 2011, he started to take sports wagers on that site.

Between 2011 and April 2014 Edmondson received cash and checks from clients after taking wagers and registering them on the website. This money was then deposited into the client’s accounts for use in sports betting.

After a search carried out by FBI agents at Edmondson’s Riverchase home an amount of $67,0l7 was seized by them.
Betkill.net has since been shut down.