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7 Independent Bookmakers Launch Betpack
5/13/10 - The Press Association reports that seven independent bookmakers in Ireland have joined forces online to compete with rival chain operators for a slice of the estimated Euro 1.5 billion internet gambling action.
Directors of new website Bet Pack.com say they hope the project will safeguard the jobs of 500 betting shop staff.
Bet Pack spokesman Jimmy Finlay said it was one of the biggest developments yet in Irish bookmaking.
"We were losing approximately 25 percent of earnings to online betting once we closed our shops in the evening and now we can develop a relationship with our customers both over the counter and through the website," he said. "It is a boost to every bookmaker involved as this will now help safeguard the jobs of our staff while also helping to engage with more customers online."
The investment, which has created eight new jobs, has been formed by Bambury Bookmakers, Hackett's, Mulholland's, Terry Rogers, Toolan Bookmakers, Track Bookmakers and Tully's.
Together the group operates 180 betting shops nationwide.
It aims to take in Euro 200 million on online bets in the first year - recouping the money they claim they are losing over the internet to high-profile competitors.
It is estimated that Euro 3.2 billion is laid in betting shops in Ireland every year with up to Euro 1.5 billion wagered online through sports bets, casino, poker and bingo sites.
Finlay said the increased online competition will create a level playing field for independent traders to compete with big international firms. Directors also hope more independent bookmakers will join the online venture in the coming months.
"Since we went online with BetPack, even before we were officially launched and the news got around the bookmaking circuit, we have had inquiries every day from bookmakers looking to get involved," Finlay claimed.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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