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Ladbrokes opens in south africa
2/18/10 - The famous UK gambling group Ladbrokes has joined Victor Chandler in accessing the South Afrcian sports betting market.
The sports section of the South African morning newspaper The Times reported Thursday that the British bookeeper has partnered with local betting company KaiRo International in launching an online sportsbook. The two companies have apparently collaborated in Africa since 2002.
KaiRo md Mustafa Ko said the group has applied for a bookmaker licence in the Western Cape province and that this would allow Ladbrokes to increase its market share in the region.
In related news, Ladbrokes shareprice took a hit of 4.5 percent Thursday following the release of full year results that showed a drop of 28 percent in pre-tax profit.
Analysts attributed the poor performance to tough economic conditions, discontinued operations and punter-friendly results hitting margins in the third quarter.
The company revealed that 2009 pretax profit fell to GBP 191.3 million from GBP 265.6 million in 2008. Full-year net profit fell 63 percent to GBP 74.4 million from GBP 200.7 million in 2008, as a GBP 72 million charge from discontinued operations hurt the company's bottom line.
Revenue fell 10 percent to GBP 1.032 billion.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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