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major bet Review

Last Updated 08/25/20
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Next Steps Taken For Legal Sports Betting in Louisiana

The state of Louisiana is threatening to become the next major player to welcome in a legal sports betting platform. Last week, two Bills were presented in the Louisiana Senate, discussed and ultimately voted on. Both Senate Bill 130 and Senate Bill 378 were approved by a pretty good majority and are acting as light on the horizon of the Louisiana sports betting industry.

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Betfair & PaddyPower merger set for early 2016

Betting exchange Betfair (SBR rating A-) has increased the size of its online sportsbook two-fold in the past six months as it prepares for a merger with Irish bookmaker PaddyPower (SBR rating B+). Betfair reported a 93% rise in sportsbook volumes to £800 million ($1.2 billion) in the six months to October 31, 2015, driving 15% revenue growth for the firm.

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Scam Sportsbook: Bets4All doors still open

Bets4All (sportsbook rating F) is still in business. Bets4All players were stiffed thousands before an alleged ownership change took place at the start of 2010. In February of 2010, the scam sportsbook attempted to bribe SBR to remove negative posts about the unsavory business. A player contacted SBR today stating that he initiated his first withdrawal request for €500 on November 29th. The player has not been paid.

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