Sportingbet's views on Internet Gaming on CBS 60 Minutes
By staff
New York, NY (Nov. 17, 2005) - Online gaming is licenced and taxed in 63 countries worldwide and the United States should be taking advantage of this $10 Billion market, said Nigel Payne, Chief Executive of Sportingbet PLC, in an interview to be broadcast Sunday November 20th on CBS 60 Minutes.

Sportingbet operates a number of brands, the largest of which are and The CBS 60 Minutes show looks at the size, scale and explosive growth of the internet gaming industry, particularly in the context of the unclear US legal and regulatory environment.

Payne, who heads one of the world’s most successful publicly traded online gaming companies, makes the case that regulating online gaming is the safest way to ensure responsible gaming.

“Gambling has existed since the dawn of time,” Payne has said during briefings with decision makers in Washington. “America is one of the largest gambling markets in the world with developed gaming in lotteries, casinos, horse racing, dog racing and sports. Gambling exists in every country in the world. The right thing to do, the responsible thing to do, is to regulate it and embrace proper social parameters through regulatory control.”

In it’s results for the 12 months ending July 31, 2005, Sportingbet reported an operating profit before good will and exceptional items of $US105 million, up from $US 36 million the previous year. The number of customers worldwide using Sportingbet’s facilities increased by 123 per cent to 2.7 million and the number of sports and gaming bets was up 51 per cent to almost 400 million from 265.5 million in 2004.

The 60 Minutes show on i-gaming airs on CBS channels across the United States Sunday Nov. 20 at 7pm, following NFL Football on CBS.

About Sportingbet PLC (

Sportingbet PLC (LSE: SBT), headquartered in London, England, is the world's leading publicly traded online betting, gambling and gaming company. It has been voted number one in the industry for two years in a row by the authoritative eGaming Review Power 50 Survey. Sportingbet also won the 2005 eGaming Award for best US-Focused company with its flagship brand is the largest sportsbook and casino on the planet, offering numerous products including sports betting, horse racing, poker, casino and virtual games.

For more information, please contact:

Susan Reisler

1.866.505.2900 or 416.504.8464 ext 285

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 more… We also have an industry insider’s 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.