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ONLINE GAMBLING TRADE BODY WELCOMES E.C. FINDING ON SPORTS BETTING
2014-05-16

In a statement Thursday the Remote Gaming Association welcomed the main findings of a European Commission funded study on sports organisers rights in the European Union.

The study concluded that there is no legal basis nor rationale for an EU-wide right to consent to bets (i.e. sports betting right), and that the French sports betting right, whereby sports betting operators must obtain the consent of sports organisers to offer bets, is not an effective mechanism for financial distribution to sport or as an integrity instrument against match-fixing.

The study was designed to map out the rights of sports organisers, in particular in relation to sports betting operators and assess the merits of a betting right. In that respect, the study makes a number of significant conclusions:

* The costs associated with the administering of the right to consent to bets will always be considerable and there is no evidence for a link between the financial return stemming from a right to consent to bets and the financing of grassroots sport.

* The adoption of integrity mechanisms is not a prerequisite of the French right and there is no guarantee that the income is in fact allocated to fraud prevention and detection.

* The right to consent to bets risks leaving less popular and less visible sports more exposed to integrity risks as for most sports organisers the financial return would be insufficient to cover their own integrity costs.

* It is not evident that safeguarding the integrity of sports events constitutes the principal rationale of the French right to consent to bets.

* The conditions required to implement a right to consent to bets are capable of constituting an unjustified restriction on the free movement of services within the EU.

* The right establishes a monopoly for sports leading to the creation of a dominant position within the meaning of Article 102 TFEU and anti-competitive concerns.

* Highlights that amending the [Database] Directive to meet the demands of the sports organisers would bear the risk of creating undesirable information monopolies.

The statements notes:

"Whilst sports bodies and the French authorities continue to promote a betting right, the report rightly highlights that no other Member State has properly implemented legislation similar to that existing in France and that most other jurisdictions have instead opted for alternative mechanisms to collect and allocate revenue derived from gambling to sport.

"Moreover, the report shows that sports organisers already have sufficient legal protection and the creation, at EU level, of a French style sports betting right is not justified."

Clive Hawkswood, chief executive of the RGA, said: We welcome the publication of the Asser Study on sports organisers rights, as we did the opportunity to participate in the consultation process.

"We hope that the European Commission will take note of its findings which echo our view that calls for a European-wide sports betting right, or indeed a sports betting right of any kind, are commercially driven and have little if anything to do with integrity.

The study was launched in January 2013 and carried out for the European Commission by a consortium composed of the Dutch Asser Institute and IVIR of the University of Amsterdam.




TRIO WINS GOLD AT WORLD SERIES OF POKER
2013-06-21

The last twenty-four hours at the World Series of Poker in Las Vegas has seen two players claim bracelets for the second time, and one his first piece of WSOP jewellery.

Erick Lindgren shook off his recent troubles to show that he is a force to be reckoned with in international poker, winning his second bracelet in event 32: $5,000 buy-in Six Handed No-Limit Hold'em after surviving an entry field of 515 and a final table that included respected stars like Jonathan Little, Ryan D'Angelo and Lee Markholt.

Lindgren started final table action as chip leader and dominated much of the action until the heads up with Markholt was reached.

Despite holding a 4 to 1 advantage going into the heads up, Lindgren had his hands full with a tough and determined Markholt, who not only closed the gap, but at one point actually stole the lead in the almost two-hour confrontation.

Lindgren came back big-time, however to eliminate his opponent and send him to the cashier's cage for a second prize of $374,960, reserving the main prize of $606,317...and that second bracelet...for himself.

The other four final table players didn't do too badly either:

3 Jonathan Little $238,833
4 Connor Drinan $157,274
5 Vasile Buboi $106,830
6 Ryan D'Angelo $74,768

Bryan Campanello - a 21-year-old American pro - acquired his first WSOP bracelet in event 33: $2,500 buy-in Seven-Card Razz. With several World Series of Poker Circuit cashes to his credit, the young pro faced an entry field of 300 other players which generated a prize pool of $684,775; that enabled 32 players to cash.

By the time the field had been distilled to a final table Campanello faced some experienced poker talent across the felt that included David Bach, Jim Wheatley, Sebastian Pauli, Ivan Schertzer, Brent Keller, Rick Fuller and Ismael Bojang.

That quickly reduced to four players, where the action continued for around three hours before the heads up was set, pitting Campanello against David 'The Gunslinger' Bach, with Campanello holding a massive chip lead.

Despite an heroic effort, Bach could not gain enough traction to overcome his chip deficiency and he was bundled out of the event in second place for $110,098, leaving Campanello with his first bracelet and $178,052 in first prize money.

Erick Lindgren was not the only player to claim a second WSOP bracelet Thursday; 24-year-old Belgian pro Michael Gathy celebrated his second gold in event 34: $1,000 buy-in Turbo No-Limit Hold'em.

The bracelet came with a useful $278,613 main prize after Gathy bested a field of 1,628, a hard-charging final table that included Brit pro Jake Cody and an intense heads up.

Cody was the chip leader when the final table was reached, and there were a few bets that he would claim his second bracelet in the event. Seated around the table with Cody and Gathy was an international crew that included Benjamin Reason, Yueqi Zhu, Sergey Rybachenko, Daniel Bishop, Jason Duval, Noah Vaillancourt and Russell Crane.

In the event, Cody simply did not shape, and was eliminated in seventh place, to the disappointment of his large and noisy band of rail supporters.

When Yueqi Zhu exited in third place, it was Gathy facing Benjamin Reason in the heads up.

Reason is an interesting player who has comparatively recently moved into live tournament action after making a name for himself in the online environment. The same age as medical doctor Gathy, Reason hails from the USA and holds a degree in music education, although he now plays poker professionally.

The heads up lasted 17 hands and saw Gathy emerge the winner, although Reason could still claim his biggest yet live tournament pay-day of $172,252.



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" for its approximate time length.



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



Odds to Win 2015 Kentucky Derby