Sportingbet To Sponsor World Series

Sportingbet will sponsor The World Series Of Snooker, which kicked off last weekend in Ireland, for the next three years.

Andrew McIver, Chief Executive Officer of the company, said: “We are proud to be associated with The World Series Of Snooker.”

Sportingbet has recently signed a sponsorship deal with English football club Wolverhampton Wanderers.

Top Sports Betting Sites

Sports lovers cannot be happier these days. Modern technology allows them to place bets on their favorite sports irrespective of their location. And growing number of online sports betting sites gives punters opportunity to choose among many sportsbooks. However, how to choose the right bookmaker to wager in?

Some of the well known names include Unibet, Bwin and Ladbrokes. Unibet was awarded best sportsbook of year 2008 by reputable eGaming Review Magazine. Bwin is considered the biggest online bookmaker in the world. Moreover, Bwin sponsors top football teams such as AC Milan and Real Madrid. Ladbrokes was given best UK sportsbook award of year 2008. Obviously, these are top and most reliable bookmakers to wager in.

One of the well-known sportsbook reviewers is SBR. It seems to have more or less reliable list of top sports betting sites. Suspicious part about its rating is presence of many offshore bookmakers in the top list. SBR must have some special relationship with these bookies.

You can find our official and SBR ratings at www.bestbookmakers.net and check out some of the best online sportsbooks available today. But we would recommend to go with big names.

Paddy Power Buys Sportsbet

Paddy Power is buying Australian sportsbook Sportsbet Pty Ltd. Irish betting company will pay over $200 million during next three years.

Paddy Power, initially acquiring a 51 per cent stake in the bookmaker, will take over more than 260,000 Sportsbet’s registered members.

Ladbrokes Lose Big

Ladbrokes suffered decline in profits in the first four months of the year. It said that March happened to be “highly profitable” for its customers, particularly those who attended the Cheltenham festival.

The bookmaker was also hit when 23 out of 25 football World Cup qualifiers were won by favourites during March. Individual games such as Manchester United versus Aston Villa in April when Red Devils won the game with last minute goal also had an effect, Ladbrokes said.

Ladbrokes profit fell 34 per cent during last four months.

Canbet Sold To Yin Khing

Canbet will be sold to Yin Khing Investments Ltd., the Virgin Islands registered investment company headed by Patrick Tay and Elson Yin, for for 1 million Australian dollars. The bookmaker has been looking to sell its business since March 2008.

Canbet reported an 8.6 million Australian dollar loss for the 2008 financial year.