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Archive for April 29th, 2009

Heavy Betting Comes in on Manny Pacquiao

Most of the betting action for tonight’s Manny Pacquiao vs. Ricky Hatton fight is going towards Pacquiao and this has meant the line continues to move upwards in his favor.  At last check, Pacquiao was a -230 favorite at Bookmaker.com.  This is good news for anyone looking to wager on Ricky Hatton.  He now pays almost 2/1 odds. "This event is definitely getting plenty of action on a day where we are so focused on the Kentucky Derby," says Payton O’Brien of Gambling911.com.  "It looks as if the sportsbooks are going to have a banner day today." Bookmaker.com also anticipates  [ Read More ]

Canada swept up in disruptive UIGEA net

Canadian delegates to the International Masters of Gaming Law Spring Conference in Windsor, Canada have revealed that the US anti-online gambling law the Unlawful Internet Gambling Enforcement Act is disrupting not only American online horserace wagering and state lottery operations, but those in Canada as well. The controversial legislation, which has been widely criticised for a lack of both practicality and precision, attempts to prohibit financial transactions with online gambling companies, placing the burden of deciding which transactions are ‘illegal’ and the enforcement of the law on the overworked financial services industry. Expert warnings that over cautious assessments will adversely  [ Read More ]