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ISLE OF MAN GEARING UP FOR MAJOR ONLINE POKER TOURNAMENT
2013-08-07

The Isle of Man, home to many online gambling operators and software companies, is gearing up for an influx of an anticipated 600 poker players in October this year.
The cause of the excitement is the fourth and penultimate round of the Pokerstars UK and Ireland Poker Tournament, which will be held on the island between October 31 and November 4.
The Pokerstars headquarters are based on the island, which is situated between Ireland and England in the Irish Sea.
Players will battle it out over four days in the Villa Marina entertainment complex in a competition which has guaranteed prize money totalling half a million pounds.
This year's UKIPT tour started in June in Marbella, moving to Galway, Ireland in August, hence to London and then to the Isle of Man. The grand final will take place in Nottingham, UK at the end of November.




NEW YORK INVESTMENT FIRM LAUDS POTENTIAL FOR ONLINE GAMBLING
2013-04-25

The New York investment company MGT Capital Investments put its corporate toe in the online gambling water this week, announcing t Apuestas Breeders Cup hat it is about to take a controlling interest in an established fantasy sports betting operation branded FanTD LLC.

Commenting on the announcement, Robert Ladd, MGT's president and CEO, said that a subsidiary, MGT Sports, Inc., has signed an agreement with the owners of the Fan Throw Down.com website, adding:

"It is hard to overstate the potential we see in legal online gambling, both now and in the near future, as states continue to relax prohibitions in pursuit of tax revenue. Betting on fantasy sports is legal in nearly all states and has a preferential carve-out on the Federal level under the Unlawful Internet Gambling Enforcement Act of 2006.

"Today's announcement is part of MGT's comprehensive strategy to add other games of skill over the next several months, with an emphasis on mobile applications and secure technologies. We look forward to providing investors an update via conference call within the next two weeks."

A statement from the company described the new venture as an initial move into "...the online and mobile gaming and wagering space."

On its website, FanTD hosts a socially interactive destination where users can participate in free or real money daily fantasy sports contests.

Users select a roster of athletes across all popular sports, and winnings are determined by the same-day performance of these rosters. Daily fantasy sports compress the betting timeframe of traditional fantasy sports from multi-month seasons into 24-hour periods. FanTD generates revenue through a rake of the total amount bet.

MGT's latest mandatory financial reportage shows that the company has a debt-free balance sheet with approximately $5.5 million of cash.

The company expects to issue 627,500 shares of restricted common stock plus $200,000 in cash to acquire a 65 percent ownership interest in FanTD LLC, with the deal closing within the next two weeks.

One of the company's subsidiaries, MGT Gaming owns U.S. Patent No. 7,892,088 relating to casino gaming systems. In November 2012, MGT Gaming filed a patent infringement suit against Caesars Entertainment Corporation, MGM Resorts International, Inc., WMS Gaming - a subsidiary of WMS Industries, Inc., Penn National Gaming, Inc., and Aruze Gaming America, Inc. The litigation continues.



2015 Kentucky Derby Odds
2015-04-15

Kentucky Derby week is one of the most thrilling times of the year. This race is known as "The Most Exciting Two Minutes in Sports online bingo " for its approximate time length.



Check 2015 KY Derby Schedule May 1 and 24 at Sportsbook.com



Odds to Win 2015 Kentucky Derby


March Madness Bracket
2015-02-15

$100K MARCH MADNESS BRACKET CONTEST

The biggest March Madness contest just got bigger.This year Sportsbook.ag is spl BMW Motorcyles Rental in Costa Rica itting a guaranteed $100,000 in cash among our Top 5 March Madness Bracket contestants. Plus awarding a combined $5,000 in Free Bets to 1,000 other members.Play for a whopping $75,000 first-place prize when you buy your first entry for just $15. Additional entries costs little as $5 and buying multiple brackets gives you the chance to take home the entire $100K prize pot.

Here’s a breakdown of the prizes:
1st Place $75,000
2nd Place $12,500
3rd Place $7,500
4th Place $3,500
5th Place $1,500
6th to 1,005th $5 Free Bet


Visit Sportsbook.ag for an early buy-in and to make your picks


NEGATIVE WEEK FOR ONLINE POKER
2012-11-27

PokerScout stats for the week past show a 1.8 percent drop in online poker traffic, with PokerStars the only top 10 gainer showing video poker a lift of 5 percent for the week attributed to its 90 billionth hand promotion.
Full Tilt Poker continues to settle from its launch high with a fall in traffic of around 40 percent since its November 6 launch and a 19 percent weekly decline.
Year-over-year changes see PokerStars -9 percent and iPoker Network -33 percent listed among the top three, while notable gainers include iPoker.fr up 208 percent and Revolution Gaming (formerly Cake Poker Network) up 52 percent.
Notable decliners include predictably IGT Poker (-97 percent), IPN (-49 percent), Merge (-45 percent), PKR (-29 percent) and Ongame (-27 percent).
Winning Poker Network (formerly Yatahay) - up 200 percent, Enet Poker Network - down 59 percent and Everleaf Gaming Network - down 49 percent made it into PokerScout's small but interesting category.