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Olympian Bets On Opponent

Monday July 30,2012 : OLYMPIC ALARM ON IRISH TEAM BETS
 
Allegation that one team member previously bet on an opponent to win
 
Allegations of betting created negative headlines in an otherwise positive Olympics news environment over the weekend when Ireland's Olympic Council announced that it has started investigating an accusation that one of its athletes at the London Games previously bet on an opponent to win an event in which they were both competing.
 
The council has informed the athlete, whom it did not name, about an anonymous allegation that two bets were made in favour of an opponent in an unspecified sport prior to the Olympics.
 
The spokesman said it was now a legal issue and that the council would not make any further comment until investigations had been concluded.
 
The Irish Independent newspaper reported that the alleged bets were placed the day before the competition in question started, and that both were successful. It said the competitor withdrew Euros 3,600 ($4,500) in cash on returning from the event.
 
Olympic Council of Ireland President Pat Hickey said that if found guilty any competitor would face "severe sanctions" that could include exclusion from the Olympics.
 
Ireland has over 60 athletes taking part in 14 sports at the Games.
 
The IOC has pledged to crack down on illegal gambling during the Games and has set up a monitoring unit to track betting patterns. It has also banned athletes from betting during the Games.
 
IOC President Jacques Rogge he was even "uneasy" about Australian athletes allegedly betting on who would be the flag bearer.

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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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