The report, compiled by the ICSS think-tank and the Sorbonne university in Paris, said that 80 percent of global sports betting was being carried out on illegal markets, placing it beyond the reach of regulators and investigators.
(Reporting by Julien Pretot and Keith Weir, Editing by Ed Osmond/Amlan Chakraborty)
“If we do nothing sport will become to be seen as an arena of corruption.”
According to the report, 53 per cent of the illegal betting comes from Asia, while 49 per cent of the legal market is based in Europe.
Several territories were identified as “sports betting havens”, with England topping the list with 114 online betting licences granted, ahead of Malta (86).
Among solutions, the report recommended a sports betting tax to finance investigations into match-fixing and closer cooperation between betting companies and sporting bodies.
“The problem is getting worse,” Mohammed Hanzab, president of the ICSS, said in his opening speech at the Sorbonne on Thursday.
“The rapid evolution of the global sports betting market has seen an increased risk of infiltration by organised crime and money laundering,” said Chris Eaton of the Qatar-based International Centre for Sport Security (ICSS).
Soccer and cricket were identified as the sports most threatened by criminals seeking to rig the gambling market but tennis, basketball, motor racing and badminton were also affected, according to the report, which is based on a two-year research.
PARIS (Reuters) – Criminals are using betting on sports events to launder $140 billion each year, a report said on Thursday, exposing a lack of effective regulation that allows match-fixing to spread.
Eaton, a former head of security at FIFA, said the changes have made suspect betting patterns harder to spot.
A number of soccer leagues have been hit by match-fixing scandals in recent years and three Pakistani cricketers were jailed for a plot to deliberately bowl no balls during a test match against England at Lord’s in 2010.
“It’s too important to be left to the bite of compromise,” said Eaton.
Technology and live television have transformed the sports betting market in recent years, allowing viewers to bet on a wider range of events and gamble in real time as a match progresses.
[WATCH] Bill Maher Not Buying What Judith Miller Selling On ‘Real Time’ | Deadline
Miller having asserted she doesn’t think Dick Cheney duplicitous, or George W. totally got it wrong… She insisted she “couldn’t have been more skeptical” in her reporting, but “politicians lie – you know that.”
RelatedFareed Zakaria: Bill Maher Playing To “Applause Line” With Islam Comment
But then she said real problem was “the intelligence community that is paid billions of dollars a year… “We depend on the fourth estate to call bullshit on the military industrial complex,” Maher lectured.
“The information they got was with high confidence that Saddam Hussein had biological and chemical weapons, and moderate confidence that he did not yet have a nuclear weapon.”
Former New York Times reporter Judith Miller stopped by Real Time with Bill Maher as she sells her book The Story: A Reporter’s Journey, to explain why she wasn’t more skeptical while reporting in the walk-up to the Iraq War. Bush na?ve and trying to avenge his father, Maher scoffed, “Why should I believe you if I don’t believe any of these assertions?”
Though the games are digital, the experience is far from virtual.
DigiDeal’s GLI approved DTS-V product is proven to eliminate dealer mistakes, significantly increase the number of hands per hour, reduce operation costs, and provide players more betting options than the traditional felt card table. With multiple GLI approved game titles available, including Baccarat, Blackjack, Pai-gow, and Poker, the DTS-V platform provides a solution for any operator.
Michael Kuhn, President and CEO of DigiDeal, commented: “This installation marks a milestone for DigiDeal and we are thrilled to be a key part of Revel’s DigiPit. Engaging attendants assist with gaming, including blackjack and roulette, and set up side bonus bets. Revel is a one of a kind property and our DTS-V technology makes the perfect fit to merge virtual gaming and live entertainment.”
Press Release | Wed May 9, 2012 9:00am EDT
The DigiDeal Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10009
CONTACT: Amy Wallace
SPOKANE VALLEY, Wash., May 9, 2012 (GLOBE NEWSWIRE) — DIGIDEAL CORPORATION (DigiDeal), a leading supplier of electronic table game products around the world, announces today that fourteen of their DTS-V fully virtual electronic blackjack tables have been installed at Revel.
DigiDeal will be showing its DTS-V product at ELA Mexico, May 16-17 and G2E Asia, May 23-24, 2012.
The “DigiPit,” as Revel has dubbed the area where the DigiDeal tables are featured, consists of a double runway stage surrounded by the DigiDeal machines. Revel describes the area as: “DigiPit is the high-energy zone that brings a new concept to life: digital gaming with a social twist. A center stage hosts artful dancers and other live entertainment.”
The $2.4bn lifestyle destination resort located on the Atlantic Ocean is set for its premiere Memorial Day weekend.
* Reuters is not responsible for the content in this press release.
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Management’s target remains to achieve profitability in early 2016. Although the metrics associated with the total value of projects submitted to the Exchange and the profile and number of clients has been heading in the right direction, the company has struggled to drive this through the PL. In spite of a recent pick up in the share price, it trades at a substantial discount to accesso Technology (), the most obvious UK-listed peer. The company is still consuming cash and FY net cash of $17.4m suggests an H2 burn of $7m, given H1 cash of $24.4m, following June’s $22m (gross) placing and open offer. And the BoE left its benchmark rate unchanged at 0.75% and held QE at £375bn.
Market Cap: £38m; Current Price: 81p
Week Ahead (13/04/15)
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Revenue substantially lower than expected following review of older projects
Following discussions with KPMG, it has been determined that a number of older projects started between late 2013 and early 2014 that have suffered delays have shown a lower likelihood of completion
In “Three Cups of Tea,” Mortenson also writes of being kidnapped in the Waziristan region of Pakistan in 1996. They say Mortenson didn’t get lost and stumble into Korphe on his way down from K2 and that he visited the village nearly a year later.
On Saturday, CAI’s board of directors told 60 Minutes that it had used some of its $1.5 million advertising budget to promote Mortenson’s books.
On Saturday evening, April 16, the Central Asia Institute’s board of directors sent a statement to “60 Minutes,” responding to questions we had asked them. On the way down, Mortenson says, he got lost and stumbled, alone and exhausted, into a remote mountain village in Pakistan named Korphe. All Rights Reserved.
A charity watchdog group expressed disappointment about that and said that donors were being misled.
In a remote village in Pakistan, “60 Minutes” found Mortenson’s porters on that failed expedition. It was against my will, and my passports and money were taken from me,” he said.
“The time about our final days on K2 and ongoing journey to Korphe village and Skardu is a compressed version of events that took place in the fall of 1993,” he said.. He went on to suggest that the discrepancy could be because the “Balti people have a completely different notion about time.”
“If the allegations are true, then it is a tremendous blow to humanitarian and education related nongovernment work in Afghanistan and Pakistan, as many in the West will shy away from helping similar projects in the future,” Mohseni said.
But “60 Minutes” located four of the men who were there when the photo was taken, two of whom were actually in the picture. According to the book’s narrative, the villagers cared for him and he promised to return to build a school there.
Still, Mortenson, in an interview with The Bozeman Daily Chronicle, seemed to admit that he took some liberties with the Korphe account.
“Yes, I was detained in Wazaristan for eight days in 1996. “’60 Minutes’ is a serious news organization and in the wake of their report, Viking plans to carefully review the materials with the author.”
Pentagon officials, who have worked closely with Mortenson, declined to comment to the New York Times about the accusations.
Mortenson later stood by his account in a statement to “60 Minutes.”
Still, many remained skeptical of Mortensen following the “60 Minutes” piece.
Greg Mortenson’s bestseller “Three Cups of Tea” is being reviewed by the publisher following a “60 Minutes” report in which the author and humanitarian is accused of fabricating stories in the memoir and using his charitable institute to promote his books.
The “60 Minutes” investigation also revealed that Mortenson’s charity, Central Asia Institute, has spent more money in the U.S. On Sunday afternoon, April 17, Mortenson e-mailed a longer statement to “60 Minutes.” Click here to read it (.pdf file).
Viking, the publisher of the memoir, said on Monday that it will review the book and its contents with Mortenson, the New York Times reported.
“We continue to believe in the logic of what Greg is trying to accomplish in Afghanistan and Pakistan because we know the powerful effects that education can have on eroding the root causes of extremism,” one military official, who asked not to be named, told the Times.
On Friday, Mortenson defended his charity: “I stand by the information conveyed in my book and by the value of CAI’s work in empowering local communities to build and operate schools that have educated more than 60,000 students.”
At the heart of Mortenson’s “Three Cups of Tea” is the story of a failed attempt in 1993 to climb the world’s second-highest peak, K2. Click here to read the statement (.pdf file).
“Greg’s books and speaking engagements educate the public about our mission, and result in significant contributions to the organization,” the CAI said in a statement.
“Greg Mortenson’s work as a humanitarian in Afghanistan and Pakistan has provided tens of thousands of children with an education,” Carolyn Coleburn, a spokeswoman for the publisher, said in a statement. In his second book, “Stones into Schools,” Mortenson publishes a photograph of his alleged captors.
Media mogul Saad Mohseni, who runs Afghanistan’s top television and radio outlets, told The Daily Beast that he was saddened by the report.
“The concept of past and future is rarely of concern,” he said. All of them denied that they were Taliban and denied that they had kidnapped Mortenson.
Click here to read Greg Mortenson’s statement e-mailed on Friday, April 15. talking about education in Pakistan and Afghanistan than actually building and supporting schools there, according to an analysis of the organization’s last financial report.
However, Mortenson defended his version, telling “60 Minutes” on Sunday in a statement that he first visited Korphe in 1993, and went back each of the following three years. “Often tenses are left out of discussion, although everyone knows what is implied.”
Today there are nearly around 150 licensed sports books in the United States, all located in Nevada casinos. This makes it very much important on your end to find a safe place to bet.
Online sport book gambling means different things for different people. More basically people bet on sport books to make money. The winning amount is paid to the bettors on the completion of the sport event or if not completed, when played long enough to become official, otherwise all bets are returned. Though online sport book gamblers cannot see each other physically, they all thrive on the numerous bets taken online.
Finding a secured and a reliable Sport Betting Site
Considering the number of sport betting sites on the web it is difficult to select the best one of the lot. ? It is very important to increase your knowledge about the sport game you are betting into. It is important on part of the bettor to read the rules and guidelines of the sport books carefully before placing their bets.
? Always use the trial program offered by the sport book website to try their services for a day or two. This will give you a better idea of their services and help you select the site accordingly.. Online sport book gives gamblers an opportunity to be a part of dozens of bets within seconds. Make sure to do a proper research on the game in order to make more money.
Online sport book gambling is soon becoming popular with the invention of the Internet over the last decade or so. Some bet on their favorite sport just to make the game more exciting no matter what the point spread may be. Online sport book gambling has become a source of living for may people all over the world and they consistently seem to make money by beating the house.
Online sport book gambling enables bettors to bet on various sports competitions including golf, football, basketball, baseball, hockey, soccer, horse racing and boxing. There is every chance that you might come across scams sites, full of liars who only want to make money. Some bet on sport book just for fun and excitement
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Salerno said it took 14 months to develop the application and get it approved by Nevada gambling regulators. and Wynn Resorts Ltd.
An American Wagering subsidiary, Computerized Bookmaking Systems, Inc., currently supplies equipment and software for 85 percent of the race and sports books in the state.
Placing bets on sports through phones isn’t new in Nevada, said John English, the company’s senior vice president for business development. “We’ve reinvented the company entirely.”
It won’t work in the U.S. A beeper system, affectionately known as a “wager pager,” lets gamblers call in their bets and verify their position through a code sent to the beeper from a limited-range tower, he said.. The public company, which operates nearly 60 Leroy’s Horse and Sports Place sports books throughout Nevada, plans to launch new apps for iPhones, Droids, and Windows-based phones soon.
Salerno and English said custom versions of the apps will likely be offered in future years to major gambling operators like Harrah’s Entertainment, Inc., MGM Resorts International, Las Vegas Sands Corp. is launching the program for BlackBerry devices in time for the start of college football and the NFL regular season. When that person then logs into the system, a combination of GPS and cellular tower coordinates verify he or she is within Nevada’s borders before allowing them to place a bet.
“I’m all-in on this,” said Vic Salerno, American Wagering’s chief executive. Each version for other phone operating systems requires separate approval from the Nevada Gaming Control Board, which will scrutinize their security systems and other features.
LAS VEGAS — Getting money down on your favorite sports team is getting a little easier in Nevada with the first-ever legal wagering application for smart phones.
That allows the company to verify a person’s age and tie their account to one specific phone. outside the Silver State – the only place where sports gambling is legal – but its technology is sophisticated enough to let visitors from other states conveniently place bets while they’re here, even if they’re not inside a casino.
The application requires bettors to appear at a sports book in person just once, when first creating their account with Leroy’s.