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Betfair has added some retail experience muscle to its board of directors with the appointment this week of Marks and Spencers finance exec Ian Dyson as an independent non- executive director. The appointment of Dyson was immediately seen by industry observers as further proof that Betfair will soon seek a public listing.

The company recently hired Goldman Sachs Group Inc. and Morgan Stanley to review its options, which include a possible £1.5 billion ($2.4 billion) share sale, the Sunday Times reported January 24, although Victoria Palmer-Moore, an external spokeswoman for the company, declined to comment .

Founded 11 years ago by Andrew Black and Edward Wray, Betfair says it processes more than 6 million transactions a day from 3 million registered customers, generating revenue from sports betting, online casino and poker games.

Sports Interaction is getting ready for the Super Bowl 2010 and all the betting that comes with it but Halftime Song odds (that would have been in conjunction with The Who and Pete Townsend’s performance) won’t be a part of the mix as they were with last year’s Super Bowl betting.

Miami, February 3rd, 2009. He was famous for smashing guitars during his ’sixties heyday, but The Who’s Pete Townsend has just inadvertently shorted out one of the most popular novelty features of Super Bowl betting.

You might recall last year that Bruce Springsteen Halftime Song odds was among the most popular of the Super Bowl betting prop bets.  Everyone was trying to guess which songs he would perform and in what order. 

Sports Interaction, the first online sportsbook licensed and regulated in North America, takes bets every year on what the first song of the half-time act will be, as part of the hundreds of bet types they offer on the biggest game of the year. Legendary ’sixties band The Who are doing the half-time show at Super Bowl XLIV, and Sports Interaction had set odds on what their first song would be, with the 1971 classic Won’t Get Fooled Again among the favorites.

And then Townsend revealed the set list in an interview with Billboard magazine on Saturday, and Sports Interaction had to close their book on the half-time show.

"The Super Bowl isn’t just about NFL betting," says Frank Doyle of Sports Interaction. "A lot of people with no interest in sports betting like to bet on the novelty markets, and First Song is one of those. But now that Townsend has discussed the set list in Billboard, we’ve had to suspend betting because the number of songs was reduced from twenty-five or thirty to five."

The suspension does not affect the rest of the Super Bowl betting action at Sports Interaction. Nor will it affect bets already made, which will be paid out after The Who perform their set, but no bets will be taken after Townsend narrowed down the number of songs.

"It’s the first time it’s happened in my time in the industry, that we’ve had to take down a market like this," says Doyle. "But when you consider what those fellas did to hotels in their rock and roll prime, I guess we’re getting off lightly."

So while the Halftime song odds are no longer available, a couple hundred other Super Bowl betting options ARE at Sports Interaction.com here.

It was just a year ago that United States President Barack Obama managed to piss off Las Vegas and its flamboyant Mayor Oscar Goodman.  Obama discouraged bankers and other businesses from scheduling elaborate junkets in the city.  Goodman demanded an apology, claiming that Obama’s remarks hurt convention business in Sin City.

And the President appears to be at it once again.

This time Obama’s remarks came during a town hall meeting in Nashua, New Hampshire, while discussing the need to curb spending in difficult economic times.  "When times are tough, you tighten your belts," the president said. "You don’t go buying a boat when you can barely pay your mortgage. You don’t blow a bunch of cash on Vegas when you’re trying to save for college."

His statement Tuesday raised eyebrows among Nevada lawmakers.  In particular, the Republicans dug into the President.

"The President needs to lay off Las Vegas and stop making it the poster child for where people shouldn’t be spending their money," said Senate Majority Leader Harry Reid, a Democrat.

"Las Vegas is suffering through one of the highest unemployment rates in the country, and we cannot afford for the President to bring us down any further," added Republican Senator John Ensign.

"Nevada has one of the most distressed economies in the country, and the President has done little to focus on job creation over the past year.  Discouraging people from coming to our state to make a political point adds insult to injury," said Republican Congressman Dean Heller.

"Tourism is the number one economic stimulus for Southern Nevada and for many cities and states across the country.  While we appreciate Las Vegas is top of mind for the President, we would ask that he offer words of encouragement instead of criticism," Las Vegas Convention and Visitors Authority President and CEO Rossi Ralenkotter said.

Goodman referred to Obama as "a slow learner."

Super Bowl weekend is typically considered among the most busiest in Las Vegas. 

Jagajeet Chiba, Gambling911.com

When it comes to online poker heavy hitters at the high stakes games, a player by the name of Zigmund certainly comes to mind and he is really heating up as we head into the month of February.

Zigmund just won a whopping $600K plus.

From HighStakesDB.com:

In the heaviest action of the year, Ziigmund took on a number of takers, most notably durrrr and Patrik Antonius. He dropped about $90K from durrrr, but it was against Antonius he did most of his damage. In a 435 hand session of PLO $300/$600 ($100 ante), he managed to win a massive $844K. Granted, Antonius won back $90K later, but it didn’t quite make up for the previous losses.

Ace King, Gambling911.com 

Things aren’t always rosy in terms of finances for professional poker players. The ebbs and flows of variance which accompanies the game can be brutal, especially when coupled with other money leaks such as craps, blackjack or sports betting. When things are running bad for stretches of time, even players who seemingly have made tons of money have rough times making ends meet.

While no one knows the specifics as to why he did it, TJ Cloutier was forced to sell his 2005 $5,000 No Limit Hold ‘Em bracelet he captured at the World Series of Poker to the Plano Pawn Shop. In turn, the pawn shop then posted the item on online auctioneer eBay.com and it recently sold for $4,006. It was a surprising turn of events considering that Cloutier has been a highly successful poker player for decades. The 71-year old pro has captured 6 World Series of Poker bracelets and sports career tournament earnings over $9 million. However, during a rough patch, he had to make the tough decision of handing it over to the pawn shop and was unable to meet the terms to retrieve it in time. As a result, it was posted on eBay on January 14.

In a surprising twist, it has just been revealed that the purchaser of the item was Cake Poker, the online poker site. On some level, this would appear to be a rather positive development as it was not purchased by someone who could just fade into obscurity with it.

At present time, Cake Poker is being coy about what plans it has for the bracelet. Will they return the bracelet to the owner, or perhaps use it as a promotional tool and offer it up for grabs in an online tournament of some kind? Or will they perhaps use it to get Cloutier to endorse their site. No one knows as yet, it is all speculation. Be assured that this story is really just beginning.

Source:  www.aintluck.com

Aztec Riches Casino The main draw at online casinos around the world is slot games, but there are other games that are paying players big money. SupaJax, a card game on the Microgaming network of online casinos, had a jackpot hit early Saturday morning.

The game is played similar to poker, where a player wins when they have jacks or better. In order to win the jackpot in this game, a player must not get a royal flush, which is the case in most online casino poker games.

Instead, a player has to receive four jacks to win the progressive jackpot. That sequence occurred in the early morning hours on Saturday and it paid a lucky player $35,622. It was the third jackpot hit on the game in the past month.

In order to hit the progressive jackpot on SupaJax, a player must not only receive four jacks, but they also must be playing on the maximum amount of coins, which for this game is five. Playing less than five coins is an option, but the player will not be eligible for the top prize on the game.

One of the casinos where SupaJax can be found is Aztec Riches. It has become one of the most well-liked casinos powered by Microgaming. The casino offers many different card games, and has one of the largest selections of slot games available at any online casino.

Major US land gambling group goes after 6 Chinese trademark infringers

Always protective of its trademarks, the US land gambling group MGM Mirage was on the warpath again this week, going after six Chinese webbies and accusing them of operating a website infringes its trademarks.

In an action filed in a Las Vegas court, lawyers for the giant betting and hotel company claim that the defendants have registered Internet Web site names that include the phrase “MGM” and that link through to an online gambling Web site, “BetMGM Online Sports.”

Adding salt to the trademark wound, the Chinese webbies have apparently added leonine graphics that resemble those of MGM’s logo, and have cheekily included links to MGM hospitality industry websites and even photographs of the corporate’s casino in Macau!

MGM’s suit claims that the defendant’s intention was to illegally use the MGM material in order to associate their website with the considerable publicity attendant on the opening of MGM’s new CityCenter project in Las Vegas.

“The lead up to the (CityCenter) opening, and the opening itself, received immense publicity and attention from national and international media, with more than 400 members of the press on hand to cover the event,” the lawsuit claims.

“Defendants deliberately and knowingly chose to register domain names that are nearly identical to plaintiff’s `betmgm.com’ domain name at a time when MGM Mirage was receiving unprecedented worldwide media attention. Defendants clearly intend to misdirect consumers looking for information about MGM Mirage to their online sports book and casino.”

“Defendants’ entire scheme of misappropriating plaintiff’s MGM and MGM Grand marks is designed to defraud consumers into believing they are transacting business with MGM Mirage to induce them to transfer money to defendants,” charges the lawsuit, which includes claims of trademark infringement and dilution, cybersquatting, unfair competition and deceptive trade practices.”

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