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Investigation into Cheltenham No Pay
Tuesday, April 5, 2016 : CHELTENHAM "NO PAY" FURORE LATEST (Update)
Isle of Man regulator confirms it has launched an investigation.
The confiscation of Cheltenham horseracing winnings by Isle of Man licensed online sports books 138.com, 12Bet, Fun88.co.uk and TLC Bet is being investigated by the Isle of Man Gambling Supervision Commission, the regulator confirmed Monday.
The bookmaking companies have claimed that they seized winnings due to "suspicious transactions"
In a statement, the Commission said:
"The GSC will gather information from both customers and licensees in a two-stage inquiry expected to take some time.
"All parties have been promised an opportunity to state their case, and the Commission will make a recommendation to resolve the issue once all the evidence has been reviewed."
There has been no comment yet from Douglas-based Xela Holdings which operates some of the gaming brands.
Island police have been inundated with complaints and have referred complainants to Action Fraud, the national fraud and cybercrime reporting centre in the UK, Manx Radio reports.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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