Birmingham may not have the glamour credentials of Monte Carlo, but one punter’s run of luck at a Midlands casino forced one of Britain’s biggest gaming companies to issue a profit warning yesterday.

I knew a bookmaker who had a heart attack during the frantic end of a football game on television.

Sure shots, long shots and once-in-a-lifetime shots -- 2004 had them all.

In a time when Internet gambling has become prevalent, sports gambling experts warn illegal gambling rings will survive and thrive because they offer conveniences the legal options cannot, such as larger credit lines.

Many complain that online wagering is keeping people from attending races.

Racing Victoria and betting exchange Betfair are lobbying the Australian Football League in a bid to manage the league's potential multi-million-dollar product fee from sports betting agencies.

Shares in gambling companies have plunged after the Government placed further limits on the number of casinos it will allow under new legislation aimed at modernising Britain's gaming laws.

Sports books allowed to show game.

The feds are keeping the heat on offshore websites, but a global backlash is building.

One or two of every six Americans can be considered a criminal. That is the estimated number of people in this country who illegally wager money each year on sports.

Going racing? Here are a couple of tips: There's no such thing as a sure thing, and the fastest horse doesn't necessarily win the race.

Controversial online betting exchange Betfair is expected to gain a permanent Australian wagering licence by mid-2005 after the federal Government refused the racing industry's last-ditch bid to have the company banned from operating here.

Analysts are bullish on makers of online gambling software, largely because of the booming online poker industry.

Laser technology apparently used by a gambling trio to pocket more than £1m at London's Ritz Casino is the latest of many examples of punters trying to turn the tables on casinos with elaborate scams.

Supporting some 300 transactions a second, 24/7, UK betting exchange Betfair is up there with the most advanced e-commerce businesses in the world, says the company's CTO David Yu.

Mark Cuban proposes hedge fund that would wager on sports.