Australian Bookies Gutted After Betting Splurge
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AUSTRALIA - As reported by the Sydney Morning Herald: &quot;The biggest betting plunge in recent memory ensured bookmakers at Randwick were &#39;stripped out&#39; of more than $3 million by Makybe Diva&#39;s Melbourne Cup romp yesterday.
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SINGAPORE - Card games are a common pastime at traditional Chinese funerals, but criminals are reportedly paying off grieving relatives to run their gambling operations at wakes.
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The bank said it lost about $854 million, exceeding analystsâ fears about how badly it would suffer from its bad bets on subprime mortgages.
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CAULFIELD Cup winner Elvstroem will displace Starcraft as favourite when bookmakers open betting on the $3 million Cox Plate at Moonee Valley today.
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Gambler sues betting chain for negligence after losing Â£2m when he was supposed to be barred
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US gambling ban reverberates through sector Party Gaming, the world's biggest online gambling business, is axing its interim dividend, worth $115m, previously due to be paid on 31 October.â¦
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A compulsive gambler is suing a betting chain for two million pounds in losses he racked up despite asking the firm to bar him, he said Thursday.
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Brad Hogg sparked an England collapse as Australia dismissed their old rivals for 197 in the teams' final World Cup warm-up match here Friday.
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Shares in online gambling companies listed in London, have lost more than half their value after a dramatic move by US authorities to ban gambling on the Internet.
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It might have shaken up the betting market but New Zealand finally got something from their tour of Australia. After being destroyed by the Aussie in the test matches, they won the first one-day match of the three match series.
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Closed down Wednesday, bought Friday Online gambling website www.part of the Barclay brothers' Ritz Hotel empire - has been bought by ukbetting plc.â¦
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Shares in online gambling company Sportingbet PLC, whose chairman is facing charges in the U.S., plummeted 41 percent Monday after they resumed trading.
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National Australia Bank, the country&#39;s biggest lender, has seen its profits slump following a trading scandal. Increased competition and rising costs have also taken their toll, producing what boss John Stewart called a &quot;poor and unacceptable result&quot;.
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The Australian horseracing fraternity voiced shock Friday after champion jockey Chris Munce was handed 30 months in jail over a Hong Kong betting scandal.
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OPPOSITION Leader Mark Latham today warned bookies they may be the ones losing their shirts come October 9. Mr Latham said he was surprised at recent betting markets framed for the upcoming election.
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Shares in online gambling companies listed in London lost more than half their value after a dramatic move by US authorities to ban gambling on the Internet.
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National Australia Bank, the country's biggest lender, sees profits slump following a trading scandal, and amid rising costs and tougher competition.