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WBX Mobile Launches

The UK betting exchange WBX has launched WBX Mobile, a specially adapted version of WBX for all mobile devices equipped with internet browsers including Apple iPhone and BlackBerry. The service offers the same value prices and betting opportunities as the main WBX website, a spokesman confirmed this week.
 
Early users of the mobile facility could benefit from launch promotions that include BlackBerry Storm or an Apple iPhone.
 
WBX launched in late 2006 and has handled over a billion sterling in betting exchange action since then, including GBP 500 million in 2008 alone. The company claims its success is due to quality customer service and one of the most competitive commission rate structures amongst the major bet exchanges.
 
Management claims that it recently carried out a study on the betting activity of all WBX members, comparing the commission payable with that of industry leader Betfair. WBX claims that it found that WBX members would have paid 35 percent more commission at Betfair. Unlike Betfair, WBX clients are not subject to a Premium Charge, saving up to a further 20 percent on gross profits.
 
"WBX believes that such a policy is against the spirit of a person to person bet exchange," said the spokesman. "By positioning itself against its customers, Betfair has taken a step backwards towards a bookmaker business model. In contrast, WBX does not have a financial interest in the outcome of its Members' bets and it does not penalise its Members no matter how skilled or lucky they are."
 
WBX also claims that its prices are typically better than those available from traditional bookmakers, often by more than 20 percent. A recent review by World Online Sports Bookmakers (WOSB) gave WBX top marks in its Odds Payout Ratings. WOSB is an independent body and their rating is based on a review consisting of more than 150 000 observations.
 
Licensed and regulated in the UK by the Gambling Commission, WBX has made a significant contribution of over GBP1 million to British Horse Racing, responsible gambling initiatives and other statutory contributions.
 
Iain Turner, PR Manager for WBX said the launch of the mobile service was a response to membership demand, and follows a recent software upgrade. "Members now have access to dutching tools and a fully customisable market view that allows them to view markets in a simplified Sportsbook view," he said. "WBX Members are now also able to deposit and withdraw via Moneybookers in addition to NETeller, debit and credit cards, bank transfer and cheque."

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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