Takeover tittle-tattle engulfing the internet gambling industry provided a welcome distraction on an otherwise miserable morning in the markets today... more
"They all seem to be jumping into bed with one another," one trader mused today. Thankfully, he wasn't referring to his colleagues but the gambling industry as rumours swirled about two possible takeover deals... more
"Bottom fishing and pharmaceuticals." That's how traders described their activities this morning. Luckily they meant nothing more than looking for the cheapest possible stocks... more
London-based Aussie surfing fanatic sells his internet payment business Envoy to WorldPay for about $70 million just five years after launching it... more
The fashion for 'in-play' betting is boosting online gaming company Sportingbet, pushing its profit for the three months to the end of October up 19% to £7.5 million... more
Shares in online bookie Sportingbet jump to a four-year high, as it reaches a settlement with US prosecutors and analysts suggest this made it a takeover target ... more
Sportingbet has lost its punt on the Italian gambling market. The British bookmaker - one of the biggest online betting shops in Europe - is quitting Italian cyberspace because premier Silvio Berlusconi will not liberalise it properly ... more
The recession has put an end to the boom in online casinos and poker rooms but punting on football — and especially backing the all-conquering Barcelona — has never been higher.
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Punters are pouring money into the coffers of bookmakers as the craze in betting on the next goal, corner, free kick or yellow card is taking the gambling classes by storm... more
The Mayor of Tower Hamlets defeated Labour to be elected. Livingstone not only backed him but some of Ken's key players are now at the heart of running the council. Stephen Robinson reports
Tonight:
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