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Recent Activity: All reviews updated as of May 19, 2012.

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With 1,000+ sportsbooks rated from A to F.

Recent Activity: Bovada Downgraded from A to B+, DoxxBet Upgraded from C to C+, WSEX Downgraded from D- to F, Sportsbetting.ag Downgraded from D+ to D, AllYouBet SBR initiates rating coverage at C-, GtBets Upgraded from C to C+, YesBet SBR initiates rating coverage at D-.

SBR SPORTSBOOK NEWS AND BUSINESS WIRE RSS

News on scam sports betting operations, events and business deals within the offshore sports gambling industry.

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Betfair hires MetricStream

1 hour ago

Betfair (SBR rating A-) has hired MetricStream, a company which specialises in enterprise-wide Governance, Risk and Compliance (GRC) and data management to support its IT, risk, assurance, and policy management. The company will help streamline Betfair's compliance using the latest data security standards. Betfair reportedly processes over five million transactions a day. | Read more

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Betway refunds player in promo dispute

19 hours ago

Betway (SBR rating D-) has honoured their promotion in the Champions League dispute reported by SBR. A Betway player told SBR that the sportsbook ran a special whereby if Chelsea striker Didier Drogba recorded a goal, all losing prop wagers on first/last goal-scorer markets, as well as correct score bets would be refunded. | Read more

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Pinnacle Sports Alderney e-Gambling licence update

05.24.2012 (12:10 PM CST)

On May 21st, SBR reported that Pinnacle Sports (SBR rating A+) was awarded a full, Category 1 B2C e-Gambling licence from the Alderney Gambling Control Commission. SBR has exclusively obtained a press release scheduled for distribution tomorrow morning with more details surrounding the licence. | Read more

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Australian gamblers hoping to live wager legally

05.23.2012 (08:41 PM CST)

Australian gamblers could be live betting in the next 12 months, according to a report published today by the Herald Sun. Industry insiders believe that allowing in-play wagering online could provide $300M a year for the country; a marked increase over current revenue generated through telephone and brick & mortar establishments. | Read more

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Legends Sportsbook recent system upgrades

05.23.2012 (07:35 PM CST)

Legends Sportsbook (SBR rating A+) tells SBR that recent downtime has been attributable to system upgrades aimed at improving their backend. Legends does not expect there to be noticeable maintenance again until July 10th, 2012. Players are always free to place wagers via telephone during system upgrades. | Read more

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Bwin, Bet365, Tipico, BetAtHome licenced in Schleswig-Holstein

05.23.2012 (05:07 PM CST)

Online gaming businesses Bwin, Bet365, Tipico, and BetAtHome are the latest companies to be licenced in Schleswig-Holstein. The sports betting licence is valid for six years. On May 5th, SBR reported on the first three companies to be licenced in Schlewswig-Holstein; Jaxx (myBet), Betfair, and Nordwest Lotto. | Read more

Pinnacle Sports licence, PaddyPower, TheGreek disputes

05.22.2012 (06:50 PM CST)

SBR newswoman Natalie provides a sportsbook industry news update. SBR analyst Justin joins the program to discuss his current dispute caseload. In today's video, topics include Pinnacle Sports license from the Alderney Gambling Control Commission (AGCC), the 10Bet sportsbook dispute closure, as well as items from TheGreek and Ladbrokes. | Read more

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Betway cheats player on new promo

05.22.2012 (04:51 PM CST)

Betway (SBR rating D-) is not honouring a Champions League promotion. Betway ran a special that promised "money back" on select prop bets on the football championship held May 19, 2012. If Chelsea striker Didier Drogba recorded a goal: losing wagers on first/last goal-scorer markets, as well as correct score bets were to be refunded. | Read more

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Sportsbook.com US player's $1,100 payout

05.22.2012 (04:16 PM CST)

A Sportsbook.com US (SBR rating D-) player submits a payment complaint. The player states that an $1,100 payment was requested on April 18th, 2012. The time-frame for the payment was 15 to 20 business days. After waiting for 7 business beyond the payment table, the player followed up with Sportsbook.com (ag) who was unable to provide a concrete update. SBR will update this report.

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TheGreek wagering dispute closed

05.22.2012 (11:06 AM CST)

On May 20th, SBR reported on two TheGreek (SBR rating A+) Champions League wagering disputes. Two players stated that their wagers were on Bayern Munich PK for regulation time, but that the wagers were graded as a loss. SBR followed up with TheGreek, who stated that the wagering header for the bets included overtime. After reviewing the player's wagering tickets, TheGreek corrected the wagers.

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Sportsbook rating changes

New Ratings Upgrades Downgrades

05/23/2012 09:33 PM CST
Bovada Downgraded from A to B+
05/19/2012 12:59 PM CST
DoxxBet Upgraded from C to C+
05/17/2012 02:40 PM CST
WSEX Downgraded from D- to F
05/17/2012 12:12 PM CST
Sportsbetting.ag Downgraded from D+ to D
05/16/2012 08:52 AM CST
AllYouBet SBR initiates rating coverage at C-
05/14/2012 04:18 PM CST
GtBets Upgraded from C to C+
05/03/2012 01:03 PM CST
YesBet SBR initiates rating coverage at D-
04/17/2012 08:22 PM CST
Tipico upgraded from D+ to C-

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