Bmovie Heroes

Reporting on the business of technology, startups, venture capital funding, and Silicon Valley.


Coral Bookmakers For Sale? Casino Malaysia


Coral bookmakers are for sale it seems. Coral are one of the big 4 bookies in the UK. Ladbrokes, William Hills, Tote and Coral make up the big 4, Coral are 3rd largest Casino Malaysia Ladbrokes and William Hills.

Gala Group has over 5 million bingo members and 1.2 million casino members and is looking to add Coral’s 1260 betting shops to the Gala family.

Coral have a reasonably strong internet presence. Gala will be taking that into account for sure.

Katrina Threw A Casino Across The Road

Harrah’s Entertainment CEO Gary Loveman told Bloomberg News that its riverboat Grand Casino in Biloxi, Mississipi, is likely “a complete loss” after it was separated from its moorings.

The riverboat casino was literally taken across the street and plopped down about a block or so away from where it normally sits.

Sportingbet Fails To Inform Investors Of Pening Lawsuit

Online gaming group Sportingbet could be in hot water after keeping a potentially-damaging and costly American lawsuit from its investors for more than three months.

The British firm, which yesterday pulled out of bid talks with poker firm Empire Online, has been sitting on incendiary court documents since 9 June.

They were filed by Houston-based Rotoplay, which claims Sportingbet copied its baseball and football lottery games.

Under Listing Authority rules, a company must inform the market if it believes a piece of litigation to be price-sensitive.

Sportingbet still has not told its shareholders about the legal threat. Court papers seen by the Mail reveal the two firms discussed a licensing deal, but talks ended in May 2002. The ‘copied’ games allegedly appeared on Sportingbet’s sites in late 2002.

Rotoplay chief executive Korey Gardner said: ‘As far as we are concerned this is at least a multi-million dollar claim.’ Sportingbet declined to comment.

This is a publicly traded online gambling giant. Soon Sportingbet will give the anti gambling brigade enough ammunition to bar online gambling single handedly.

Aussie Gamblers Win Big On Football

Aussie Betting shops were left reeling after the Sydney Swans landed one of the biggest Grand Final gambles since Aussie football betting started.

The Sydney Swans drifted to as much as $2.10 at some outlets before spearhead Barry Hall was cleared to play, then rank-and-file punters launched into a four-day betting spree.

♠ By game time, the Swans had been gambled down to as short as $1.60, with the Eagles drifting from $1.70 to the $2.20 offered by the NSW TAB’s Sportsbet

♠ ‘It was an absolutely mammoth gamble, especially for a Grand Final when you consider the volume of money involved,’ NSW TAB’s Glen Munsie said.

♠ ‘Obviously we bore the brunt of it here being based in Sydney.”

By Adam Hamilton, translated from Aussie to English by Gamblog.

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