Sportingbetís Eight Bets Per Second
By philip
Sportingbet has announced that itís been taking an extraordinary eight bets per second, allowing the online bookmaker to post record results. The group has moved its year-end to July 31 to smooth out quarterly figures and according to the Financial Times turnover has risen from £979m to £1,086m, while pre-tax profits jumped from £1.4m to £9.2m.

Nigel Payne, the chief executive said: 'Things have never been better. The number of bets is going up and at more than 200m that's eight bets a second. The customers are going up and the cost of bets is coming down. I'm finally getting my blue water.'

Itís great news for Sportingbet which has had a hard time with U.S. regulations in the past. Payne said that the cost of providing an offshore bookmaking service was £2.87 a bet as opposed to £1.60 in Europe and that the market continued to punish the group because of the regulatory problems in the US.

Online Casino provides online gamblers with information on online casino gambling, sports betting tips, wining casino tips, internet casino reviews, sports odds, matchups, results, editorial and much, much moreÖ We also have an industry insiderís section including Internet gaming press releases, a calendar of events and gaming industry news.
Bluff Europe: Europe's leading Poker Magazine brings you the latest Poker News, Player Interviews and all the best Online Poker offers Poker in the Park: Europe's largest Poker Festival.