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The week in pictures: September 30th – October 6th, 2014

Oct 07, 2014

grweek

During the week between September 30th and October 6th, the world sizzled with events but mostly in Asia.

Hong Kong had people out in the streets marching for democracy, Japan had another volcano erupting and North Korea had one supreme and omnipresent leader missing from spotlights.

Westerners on the other hand developed ‘Good2Go’, a ‘sex consent’ application and welcomed the first ‘womb transplant’ baby born in Sweden. A play starring Lindsay Lohan opened in London and Formula 1 has a pilot of only 17 who had a rather short starting-race. But there will be better Grand Prix ahead for him.

In the meantime, gambling abounded of news and they came with pics. Take a look!

1. Another Trump Entertainment Resorts piece has fallen. Atlantic City Mayor, Don Guardian has rejected a proposal meant to revive Trump Taj Mahal Casino Resort.

Taj Mahal Casino Resort

The bigger they come, the harder they fall (Photo: Trump Entertainment Resorts)

2. Simon Perfitt, a former UK gambling addict, revealed how he lost GBP 200,000 on the controversial Fixed-odds betting terminals.

Simon Perfitt FOBTs

Simon Perfitt had a bad experience with FOBTs (Photo: David Sillitoe/the Guardian)

3. All bets are off! Rumors about the Duchess of Cambridge having twins made online sportsbooks re-think their betting strategies.

Duchess of Cambridge pregnant with twins

Duchess Kate could be carrying twins (Photo: EPA)

4. Brookfield Asset Management bought Atlantic City’s Revel Casino, which went bankrupt earlier this year. Perhaps this time, fortune will smile upon the gambling venue.

Revel Casino in Atlantic City

Revel Casino can turn its luck around (Photo: Mel Evans/AP)

5. The Crockfords club claimed that Phil Ivey used ‘edge sorting’ while playing baccarat and they refuse to pay him his winnings, labeling the technique “criminal”.

Phil Ivey says  that he would never cheat in a casino

Phil Ivey said that he would never cheat in a casino (Photo:AP)

6. Trump Taj Mahal Casino owners considered ending payments to the union pension plan as a key point in the company’s restructuring strategy, but court denied them approval on the matter.

Trump Taj Mahal Casino Resort

Trump Entertainment can’t afford pension payments (Photo:Tony Kurdzuk/The Star-Ledger)

7. Casinos in Goa decided to stop gambling activities on Gandhi’s Birthday but they’re still welcoming guests willing to attend the entertainment programs and taste the food in the restaurants.

Ghandi's Birthday

No gambling on Gandhi Jayanti (Photo: The Hindu)

Gambling news are always fresh. Check our top stories section!

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grweek

During the week between September 30th and October 6th, the world sizzled with events but mostly in Asia.

Hong Kong had people out in the streets marching for democracy, Japan had another volcano erupting and North Korea had one supreme and omnipresent leader missing from spotlights.

Westerners on the other hand developed ‘Good2Go’, a ‘sex consent’ application and welcomed the first ‘womb transplant’ baby born in Sweden. A play starring Lindsay Lohan opened in London and Formula 1 has a pilot of only 17 who had a rather short starting-race. But there will be better Grand Prix ahead for him.

In the meantime, gambling abounded of news and they came with pics. Take a look!

1. Another Trump Entertainment Resorts piece has fallen. Atlantic City Mayor, Don Guardian has rejected a proposal meant to revive Trump Taj Mahal Casino Resort.

Taj Mahal Casino Resort

The bigger they come, the harder they fall (Photo: Trump Entertainment Resorts)

2. Simon Perfitt, a former UK gambling addict, revealed how he lost GBP 200,000 on the controversial Fixed-odds betting terminals.

Simon Perfitt FOBTs

Simon Perfitt had a bad experience with FOBTs (Photo: David Sillitoe/the Guardian)

3. All bets are off! Rumors about the Duchess of Cambridge having twins made online sportsbooks re-think their betting strategies.

Duchess of Cambridge pregnant with twins

Duchess Kate could be carrying twins (Photo: EPA)

4. Brookfield Asset Management bought Atlantic City’s Revel Casino, which went bankrupt earlier this year. Perhaps this time, fortune will smile upon the gambling venue.

Revel Casino in Atlantic City

Revel Casino can turn its luck around (Photo: Mel Evans/AP)

5. The Crockfords club claimed that Phil Ivey used ‘edge sorting’ while playing baccarat and they refuse to pay him his winnings, labeling the technique “criminal”.

Phil Ivey says  that he would never cheat in a casino

Phil Ivey said that he would never cheat in a casino (Photo:AP)

6. Trump Taj Mahal Casino owners considered ending payments to the union pension plan as a key point in the company’s restructuring strategy, but court denied them approval on the matter.

Trump Taj Mahal Casino Resort

Trump Entertainment can’t afford pension payments (Photo:Tony Kurdzuk/The Star-Ledger)

7. Casinos in Goa decided to stop gambling activities on Gandhi’s Birthday but they’re still welcoming guests willing to attend the entertainment programs and taste the food in the restaurants.

Ghandi's Birthday

No gambling on Gandhi Jayanti (Photo: The Hindu)

Gambling news are always fresh. Check our top stories section!

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  • Top Coverage of US Sports
 
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Fear of Inside Knowledge Causes Bookies to Rethink Odds for Royal Twins

Oct 03, 2014
Betting on the 2nd royal baby has been suspended due to rumors that Kate might be pregnant with twins

Betting on the 2nd royal baby has been suspended due to rumors that Kate might be pregnant with twins

After rumors that Kate might be carrying twins, UK betting companies found themselves forced to change their strategy.

Less than a month after gambling news announced that bookmakers were taking bets on the name, gender and weight of the second royal baby, some companies are starting to fear they might be cleared out due to inside knowledge.

Bookmakers have become suspicious after a large number of newly opened accounts where users have placed a lot of money on Kate being pregnant with twins. While some of them have slashed the odds, but kept the option, others have suspended betting on it altogether.

On September 8, when it was confirmed that the Duchess of Cambridge is expecting a second child, odds for twins were at 20/1. But once the media spread the rumor that Kate is having twins and people rushed to the bookies to place money on it, most companies adjusted the odds in their favor.

At most online sportsbooks, wagering on two new royal babies could pay out a modest 5/2, while William Hill has decided to suspend bets entirely.

Daily Mail: All bets are orf! Insider info fears see bookmakers suspend betting on Kate giving birth to twins after surge in wagers from new accounts

The surge in baby bets started on Monday night, when William Hill initially slashed the odds on Royal twins from 20/1 to 9/1. After that, the company suspended wagers entirely. Rupert Adams, a spokesman for the company explained: “We have had a load of unexpected bets including a large number of new accounts. With any other market I would say that people know.”

Another major betting company, Coral, changed its odds from 20/1 to 10/1 and then to 8/1, in just a few weeks. The bookmaker claims it was the first one to make the change, after one customer placed a GBP1,000 bet on royal twins, at odds of 20/1.

Coral spokesman Nicola McGeady told reporters: “Since Will and Kate announced their news, all the big money has come for twins. With the gamble picking up pace overnight, we fear someone knows something we don’t.”

Ladbrokes was recently offering 8/1 and Paddy Power adjusted its offer to as low as 5/2. The odds for triplets remain at 100/1.

ParentDish: Duchess of Cambridge pregnant with twins? Betting suspended on royal baby

Newspapers have reported that the Duchess of Cambridge is pregnant with twins. What first sounded like unsupported gossip has started to seem highly probable, after bookmakers said they were suspecting that the large number of royal twins’ bets could mean the rumors are true.

Clarence House announced Kate’s second pregnancy on September 8, adding that she is suffering with hyperemesis gravidarum, or extreme morning sickness. Bookmakers quickly added baby names to their regular sports scores offers.

Meanwhile, the internet started to spread the information that Kate must be pregnant with twins, because the medical condition is more common in multiple pregnancies. The truth is that the Duchess suffered of the same extreme morning sickness with her first baby. It is unlikely that the Palace will release any more details about whether Kate is carrying twins or not. When she was expecting Prince George, all they did was confirm the month she is due.

But just to be on the safe side, top UK bookmaker William Hill suspended wagering on the couple expecting twins on Monday, and Coral followed its example putting all royal baby betting options on hold for now.

International Business Times: Kate Middleton, Prince William To Name Royal Baby Girl After Princess Diana: Report

Newspaper have already reported that Kate Middleton and Prince William received permission to name their new child after Queen Elizabeth, but royal biographer Andrew Morton claims the pair told friends they also want to honor William’s late mother, Princess Diana.

The Duke and Duchess of Cambridge have yet to learn the gender of their second child, but if female, she will be named Elizabeth Diana Windsor, British newspapers wrote. Morton says the couple is hoping for a girl to join their 14-month-old son, Prince George.

Morton, who is best known for his 1992 biography on Princess Diana, told reporters: “They discussed girls’ names before George was born and now they’re hoping the next one is a girl so they can carry out their wish to honor William’s mother. They’re not too thrilled at the thought it would be shortened to Princess Di but it won’t change their minds.”

The Globe cited an “inside source” saying: “They’ve already told the ailing queen that they believe it’s a girl. Like many of us, William and Kate fear the queen doesn’t have long left and want to honor her while she is still alive.”

 
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Betting on the 2nd royal baby has been suspended due to rumors that Kate might be pregnant with twins

Betting on the 2nd royal baby has been suspended due to rumors that Kate might be pregnant with twins

After rumors that Kate might be carrying twins, UK betting companies found themselves forced to change their strategy.

Less than a month after gambling news announced that bookmakers were taking bets on the name, gender and weight of the second royal baby, some companies are starting to fear they might be cleared out due to inside knowledge.

Bookmakers have become suspicious after a large number of newly opened accounts where users have placed a lot of money on Kate being pregnant with twins. While some of them have slashed the odds, but kept the option, others have suspended betting on it altogether.

On September 8, when it was confirmed that the Duchess of Cambridge is expecting a second child, odds for twins were at 20/1. But once the media spread the rumor that Kate is having twins and people rushed to the bookies to place money on it, most companies adjusted the odds in their favor.

At most online sportsbooks, wagering on two new royal babies could pay out a modest 5/2, while William Hill has decided to suspend bets entirely.

Daily Mail: All bets are orf! Insider info fears see bookmakers suspend betting on Kate giving birth to twins after surge in wagers from new accounts

The surge in baby bets started on Monday night, when William Hill initially slashed the odds on Royal twins from 20/1 to 9/1. After that, the company suspended wagers entirely. Rupert Adams, a spokesman for the company explained: “We have had a load of unexpected bets including a large number of new accounts. With any other market I would say that people know.”

Another major betting company, Coral, changed its odds from 20/1 to 10/1 and then to 8/1, in just a few weeks. The bookmaker claims it was the first one to make the change, after one customer placed a GBP1,000 bet on royal twins, at odds of 20/1.

Coral spokesman Nicola McGeady told reporters: “Since Will and Kate announced their news, all the big money has come for twins. With the gamble picking up pace overnight, we fear someone knows something we don’t.”

Ladbrokes was recently offering 8/1 and Paddy Power adjusted its offer to as low as 5/2. The odds for triplets remain at 100/1.

ParentDish: Duchess of Cambridge pregnant with twins? Betting suspended on royal baby

Newspapers have reported that the Duchess of Cambridge is pregnant with twins. What first sounded like unsupported gossip has started to seem highly probable, after bookmakers said they were suspecting that the large number of royal twins’ bets could mean the rumors are true.

Clarence House announced Kate’s second pregnancy on September 8, adding that she is suffering with hyperemesis gravidarum, or extreme morning sickness. Bookmakers quickly added baby names to their regular sports scores offers.

Meanwhile, the internet started to spread the information that Kate must be pregnant with twins, because the medical condition is more common in multiple pregnancies. The truth is that the Duchess suffered of the same extreme morning sickness with her first baby. It is unlikely that the Palace will release any more details about whether Kate is carrying twins or not. When she was expecting Prince George, all they did was confirm the month she is due.

But just to be on the safe side, top UK bookmaker William Hill suspended wagering on the couple expecting twins on Monday, and Coral followed its example putting all royal baby betting options on hold for now.

International Business Times: Kate Middleton, Prince William To Name Royal Baby Girl After Princess Diana: Report

Newspaper have already reported that Kate Middleton and Prince William received permission to name their new child after Queen Elizabeth, but royal biographer Andrew Morton claims the pair told friends they also want to honor William’s late mother, Princess Diana.

The Duke and Duchess of Cambridge have yet to learn the gender of their second child, but if female, she will be named Elizabeth Diana Windsor, British newspapers wrote. Morton says the couple is hoping for a girl to join their 14-month-old son, Prince George.

Morton, who is best known for his 1992 biography on Princess Diana, told reporters: “They discussed girls’ names before George was born and now they’re hoping the next one is a girl so they can carry out their wish to honor William’s mother. They’re not too thrilled at the thought it would be shortened to Princess Di but it won’t change their minds.”

The Globe cited an “inside source” saying: “They’ve already told the ailing queen that they believe it’s a girl. Like many of us, William and Kate fear the queen doesn’t have long left and want to honor her while she is still alive.”

 
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Categories: Uncategorized | gambling
 
 

Second Royal Baby Triggers Betting Boom

Sep 10, 2014
Betting companies are taking bets on the second royal baby's name, gender and weight

Betting companies are taking bets on the second royal baby’s name, gender and weight

The second royal baby is on its way, and thousands of punters have already rushed to the bookies to place wagers on its name.

This week started off with great news for fans of the Royal Family, as a statement from Clarence House announced Prince George is going to be a big brother. As Prince William and Catherine, Duchess of Cambridge are expecting their second child, online gambling news sites predict a new betting bonanza.

When Kate and William got married in April 2011, 24.5 million watched their wedding on TV. Soon after the news got out that the Duchess of Cambridge was pregnant, bookmakers started offering odds on the royal baby’s name, hair color and even his future job, with bettors placing over $2.4 million in wagers.

Betting companies are expecting even bigger profits this time around, as the second royal baby has started to draw new clients just after the announcement was made. Next to the usual sports scores listed at bookmakers, players can already place wagers on the name, weight and hair color of the new royal baby.

The Wire: People Are Already Betting on the Royal Baby

British newspapers have announced the Duchess of Cambridge is expecting a second child. Kate will not be accompanying Prince William on a previous engagement in Oxford, as she is suffering from Hyperemesis Gravidarum – a severe form of morning sickness – and is under medical observation.

Meanwhile, punters are already placing bets on the baby’s name, hair color, weight, and even whether Kate is having twins or triplets. Irish bookmaker Paddy Power has released a statement saying players have already spent more than GBP10,000 by Monday midnight.

“If there’s one thing that baby George taught us it’s that the British public love a punt on a Royal offspring and we’re bracing ourselves for another baby betting bonanza. Money is already pouring in by the pramload and we expect this to be the biggest novelty betting market of the year,” Paddy Power said in a statement.

According to the company’s latest odds, the safest bet is on Kate and William having a brown-haired baby at birth. Odds on hair color are: brown (6/4), blonde (5/2), red (3/1) and black (5/1). Odds for multiple birth are 33/1 for twins and 250/1 for triplets. As for the weight of the baby, Paddy Power is going with 5/1 for less than 6lbs, 6lbs to 6lbs 15oz, or 9lbs to 9lbs 15oz; 11/8 for 7lbs to 7lbs 15oz; 11/8 for 8lbs to 8lbs 15oz; and 8/1 for the baby weighing 10lbs or more.

As far as names go, Elizabeth, Henry and Victoria are top favorites with odds of 10/1, followed by Charlotte, Arthur, William, Alice, Philip, Alexandra, Catherine or Kate, and Charles, all given 12/1 odds; James, Mary and Frances are at 16/1, while Albert, Alex/Alexander, Diana and Spencer are at 20/1. The last option – Macbeth – is a long-shot with odds of 500/1.

E! News: Royal Baby No. 2 Names and Gender Already Sparking Major Betting Frenzy — Check Out the Odds!

Merely hours after Clarence House revealed the good news that Kate Middleton and Prince William are expecting their second child, bookmakers have started taking wagers on the baby’s gender and name.

“The royal baby betting frenzy is back in full swing. With one correct gamble already in the bag, punters are quickly reinvesting their winnings on the couple having a second son called James,” Jessica Bridge of Ladbrokes told E! News.

James, the duchess’ brother’s name, is at the top of the list with 6:1 odds, followed by Elizabeth, Arthur and Victoria at 8:1. Ladbrokes has posted 4:5 odds that the duke and duchess will have another boy, and it seems highly unlikely that Kate is carrying more than one child, with odds being at 20:1 for twins and 100:1 for triplets.

Either way, punters will have to wait until next spring to meet the second royal baby and find out if they won.

People: Royal Baby’s Name and Sex: Bookmakers Taking Bets

The Duke and Duchess of Cambridge announced that Kate is expecting their second child and all bets are on, as bookmakers are already taking wagers on the baby’s name and sex.

“The Royal Baby betting frenzy is back in full swing,” Jessica Bridge of Ladbrokes told reporters. “With one correct gamble already in the bag, punters are quickly reinvesting their winnings on the couple having a second son called James,” she added.

Ladbrokes is offering 4:5 odds on the new child being a boy, and James (Kate’s brother’s name) is the top favorite for a first name, with odds at 6:1.

NBC News: Royal Baby Boom a Bonanza for British Economy

The British economy is getting a boost from the second royal baby. Money has already started pouring into the betting industry, and economy experts are expecting tourism and souvenir sales to increase.

When Prince George was born last July, it was predicted that the food, drink, tourism and media industry would make an extra $400 million in sales. The birth of the second baby is expected to reach the same level, but economist Howard Archer warns: “There may be a small feel-good factor when it is born and some buying of souvenirs but that is as far as it will go.”

Gamblers have already started to place wagers on the baby’s name, gender and weight, which can only mean good news for the betting industry.

CNN: Betting gets a bump from Royal Baby #2

Gambling companies are preparing for another betting bonanza. Paddy Power said it was expecting this to be the biggest novelty betting market of the year, and Ladbrokes has also announced it was taking bets on the new baby’s name, with James being favorite at odds of 6:1. Betfair is going with Victoria as top choice for the second child’s name.

Players from all over the world have placed more than GBP1.5 million ($2.4 million) in wagers on the birth of the first royal baby, trying to guess its name, hair color and future career. Bets started pouring after the palace announced that Kate had gone into labor.

Wagers on a sibling for Prince George have been open for some time, and betting companies said hundreds of people have already won thousands of pounds.

“587 people have correctly predicted that the couple would announce they are expecting a second child in 2014, all of those punters have now collected [their] winnings,” Ladbrokes announced.

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Betting companies are taking bets on the second royal baby's name, gender and weight

Betting companies are taking bets on the second royal baby’s name, gender and weight

The second royal baby is on its way, and thousands of punters have already rushed to the bookies to place wagers on its name.

This week started off with great news for fans of the Royal Family, as a statement from Clarence House announced Prince George is going to be a big brother. As Prince William and Catherine, Duchess of Cambridge are expecting their second child, online gambling news sites predict a new betting bonanza.

When Kate and William got married in April 2011, 24.5 million watched their wedding on TV. Soon after the news got out that the Duchess of Cambridge was pregnant, bookmakers started offering odds on the royal baby’s name, hair color and even his future job, with bettors placing over $2.4 million in wagers.

Betting companies are expecting even bigger profits this time around, as the second royal baby has started to draw new clients just after the announcement was made. Next to the usual sports scores listed at bookmakers, players can already place wagers on the name, weight and hair color of the new royal baby.

The Wire: People Are Already Betting on the Royal Baby

British newspapers have announced the Duchess of Cambridge is expecting a second child. Kate will not be accompanying Prince William on a previous engagement in Oxford, as she is suffering from Hyperemesis Gravidarum – a severe form of morning sickness – and is under medical observation.

Meanwhile, punters are already placing bets on the baby’s name, hair color, weight, and even whether Kate is having twins or triplets. Irish bookmaker Paddy Power has released a statement saying players have already spent more than GBP10,000 by Monday midnight.

“If there’s one thing that baby George taught us it’s that the British public love a punt on a Royal offspring and we’re bracing ourselves for another baby betting bonanza. Money is already pouring in by the pramload and we expect this to be the biggest novelty betting market of the year,” Paddy Power said in a statement.

According to the company’s latest odds, the safest bet is on Kate and William having a brown-haired baby at birth. Odds on hair color are: brown (6/4), blonde (5/2), red (3/1) and black (5/1). Odds for multiple birth are 33/1 for twins and 250/1 for triplets. As for the weight of the baby, Paddy Power is going with 5/1 for less than 6lbs, 6lbs to 6lbs 15oz, or 9lbs to 9lbs 15oz; 11/8 for 7lbs to 7lbs 15oz; 11/8 for 8lbs to 8lbs 15oz; and 8/1 for the baby weighing 10lbs or more.

As far as names go, Elizabeth, Henry and Victoria are top favorites with odds of 10/1, followed by Charlotte, Arthur, William, Alice, Philip, Alexandra, Catherine or Kate, and Charles, all given 12/1 odds; James, Mary and Frances are at 16/1, while Albert, Alex/Alexander, Diana and Spencer are at 20/1. The last option – Macbeth – is a long-shot with odds of 500/1.

E! News: Royal Baby No. 2 Names and Gender Already Sparking Major Betting Frenzy — Check Out the Odds!

Merely hours after Clarence House revealed the good news that Kate Middleton and Prince William are expecting their second child, bookmakers have started taking wagers on the baby’s gender and name.

“The royal baby betting frenzy is back in full swing. With one correct gamble already in the bag, punters are quickly reinvesting their winnings on the couple having a second son called James,” Jessica Bridge of Ladbrokes told E! News.

James, the duchess’ brother’s name, is at the top of the list with 6:1 odds, followed by Elizabeth, Arthur and Victoria at 8:1. Ladbrokes has posted 4:5 odds that the duke and duchess will have another boy, and it seems highly unlikely that Kate is carrying more than one child, with odds being at 20:1 for twins and 100:1 for triplets.

Either way, punters will have to wait until next spring to meet the second royal baby and find out if they won.

People: Royal Baby’s Name and Sex: Bookmakers Taking Bets

The Duke and Duchess of Cambridge announced that Kate is expecting their second child and all bets are on, as bookmakers are already taking wagers on the baby’s name and sex.

“The Royal Baby betting frenzy is back in full swing,” Jessica Bridge of Ladbrokes told reporters. “With one correct gamble already in the bag, punters are quickly reinvesting their winnings on the couple having a second son called James,” she added.

Ladbrokes is offering 4:5 odds on the new child being a boy, and James (Kate’s brother’s name) is the top favorite for a first name, with odds at 6:1.

NBC News: Royal Baby Boom a Bonanza for British Economy

The British economy is getting a boost from the second royal baby. Money has already started pouring into the betting industry, and economy experts are expecting tourism and souvenir sales to increase.

When Prince George was born last July, it was predicted that the food, drink, tourism and media industry would make an extra $400 million in sales. The birth of the second baby is expected to reach the same level, but economist Howard Archer warns: “There may be a small feel-good factor when it is born and some buying of souvenirs but that is as far as it will go.”

Gamblers have already started to place wagers on the baby’s name, gender and weight, which can only mean good news for the betting industry.

CNN: Betting gets a bump from Royal Baby #2

Gambling companies are preparing for another betting bonanza. Paddy Power said it was expecting this to be the biggest novelty betting market of the year, and Ladbrokes has also announced it was taking bets on the new baby’s name, with James being favorite at odds of 6:1. Betfair is going with Victoria as top choice for the second child’s name.

Players from all over the world have placed more than GBP1.5 million ($2.4 million) in wagers on the birth of the first royal baby, trying to guess its name, hair color and future career. Bets started pouring after the palace announced that Kate had gone into labor.

Wagers on a sibling for Prince George have been open for some time, and betting companies said hundreds of people have already won thousands of pounds.

“587 people have correctly predicted that the couple would announce they are expecting a second child in 2014, all of those punters have now collected [their] winnings,” Ladbrokes announced.

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