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Olympian Bets On Opponent

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 :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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