Cannes Festival Betting Heating Up

One of the most prestigious events in the film industry’s calendar, the Cannes Film Festival, runs until Sunday, 26th May, 2013, when the winner of the Palme d’Or will be announced.

There has already been a high level of betting at UK bookmakers as punters speculate as to the winner.

Bookmakers such as Paddy Power, the Irish sports betting and online gambling giant, have given two films, the Japanese Like Father, Like Son / Soshite chichi ni naru (Hirokazu Koreeda) and the Iranian The Past / Le Passe (Asghar Farhadi), the lead.

Both films are on top of Paddy Power’s list of favorites to win the Palme D’Or at 5 / 2.

The Immigrant, which has a 1920’s New York storyline, follows close behind the first two films.

Despite the fact that Steven Spielberg has not had a movie at the Cannes Festival in decades, he will head the jury that will determine the outright winner. Nicole Kidman and Taiwanese contemporary filmmaker, Ang Lee, are also on the panel.

According to Robbie Collin, a film critic for the UK publication, The Telegraph, the makeup of the jury could possibly give punters a few hints regarding the types of films could win the Palme d’Or.

Collin added that it is very difficult to choose the best film so early on in the festival due to the fact that nobody has seen many of the films that are being screened, but by looking at the jury, one can draw some conclusions from the type of films you think they might enjoy.

Steroids in British Racing Stable Results in UK Bookies Refunding Bets

Ladbrokes

Following the news that several horses at prestigious Godolphin stables were tested positive for anabolic steroids, numerous UK bookmakers have decided to return bets to race-goers who placed money on horses that tested positive for steroids.

In the biggest ever doping scandal in the UK, eleven horses at the esteemed stables owned by Sheikh Mohammed bin Rashid al Maktoum, a Dubai ruler, were tested positive for anabolic steroids.

A spokesperson for William Hill Sportsbook, Kate Miller, said that this is an unprecedented occurrence and that no one betting could ever have predicted these events. Miller added that they believe that the honorable thing to do for their customers is to refund all ante-post bets on four horses from the Godolphin stables, namely Desert Bloom, Certify, Restraint Of Trade and Artigiano.

According to Ladbrokes, it will be returning £200,000 worth of bets that were placed on horses that were tested positive for steroids.

Paddy Power intends checking its position on affected horses but will meanwhile refund all bets on Certify for the 1000 Guineas.

Mahmood al Zarooni, the Godolphin Stables trainer, admitted administering two steroids to the eleven affected horses but claims that he was not aware that it was an offence to use the drugs when the horses were not racing. Zarooni will be attending a disciplinary hearing.

His Highness Sheikh Mohammed was absolutely appalled when given the news and said that they will await the outcome of the BHA inquiry before they take any further internal action. He added that the use of the drugs is totally unacceptable to him.

Canadian Sports Betting Bill Dies in Senate

Ladbrokes

Hopes that Canadians may soon be able to wager on single sports events died this week when MP Joe Comartin’s bill failed to make it through Senate. There were considerable hopes that legislators would adopt the bill that would allow single game wagering, especially since it sailed so fast through the Commons. Unfortunately, however, numerous delays by Senate resulted in the end of the road for the bill.

The bill, C-290, which was been supported by Bob Runcimen in the Senate, was introduced almost a year ago by the Commons and has lain there since then. Occasionally, sports leagues would express their opposition to the bill, claiming that it would encourage match fixing and other criminal activities – something which has been disproven by experts.

It is quite an unusual situation where Senate rejects legislation which has been so successful in its passage, however such has been the fate of C-290.

Legislators have vowed that this is not the end of their efforts to introduce single game wagering in Canada, and at least one of them, NDP MP Brian Masse, has committed to reintroducing C-290.

Bill C-290 aimed to amend the sports betting criminal code which currently makes it a criminal offence to wager on “any race or fight, or on a single sports event or athletic contest.” By amending this clause, C-290 would essentially make single sports events betting legal in Canada.

French Declare War on Match Fixing

French gambling and sports bodies joined together to form a new national sports integrity body in a bid to fight the growing problem of match fixing. The National Olympic and Sports Committee joined with the online gambling regulator, ARJEL and held their first meeting on Wednesday to plan future joint projects.

The president of the Olympic and Sports Committee (CNOSF), Denis Masseglia attended the important meeting, as did the president of ARJEL, Jean Francois Vilottee and the president of the French Rugby Federation, Pierre Camou.

The integrity body was formed in order to make sure that the highest levels of fairness in domestic sporting competitions are maintained in France at all times. The idea is create a platform where information is shared and policies are jointly developed. Also, the new group aims to educate sports officials and players about the dangers of match fixing. Also in attendance were the heads of sports federations and professional French referees.

These sporting heads were urged to nominate an individual, who would channel all issues about integrity for their sports, sharing information with other sporting bodies and working closely with online gambling groups to ensure that all suspicious wagering patterns were followed up on.

In recent months, a large number of match fixing cases have been revealed in several sports, and authorities are doing their utmost to take steps to counter this type of criminal activity.

Betfair Snaps Up Blue Square for GBP 5 Million

Betfair, the world’s largest betting exchange, has acquired Blue Square sports betting platform from the UK based Rank Plc for GBP 5 million. Earlier this year, Rank said that it would be reviewing Blue Square and its contribution to the group’s overall portfolio. In recent years, Blue Square has been underperforming.

According to Rank’s statement on Tuesday, it has “completed the sale of the assets of its Blue Square Bet business to Betfair Group plc for GBP 5 million” and will “….focus its resources on further developing the Grosvenor Casinos and Mecca brands in venues and via digital channels.”

Affiliates who were part of Blue Square’s affiliate program were told virtually overnight that the conditions of sale did not include any affiliate contracts, meaning that all contracts were immediately terminated.

“Any revenues owed from your Blue Square Bet customers will be paid up until April 2nd and final affiliate payments in relation to Blue Square Bet activity will be calculated and paid between the 5th and 15th of this month as per the normal payment run,” affiliates were told. “We sincerely regret the abruptness of this announcement and any inconvenience that it may cause.”

All Blue Square customers were redirected to Betfair’s platform where they “can access a full suite of sports betting and gaming products and receive a promotional welcome offer.”