According to UK's largest bookmaker the snow failing on December 25 would cost betting companies over £1m.

An anonymous punter has won over £233,000 from William Hill with a £20 bet. He predicted the outcome of 14 soccer matches at the weekend and beat odds of 11,650-1 to bring in his win.

Hundreds of German entrepreneurs are setting up betting shops to cash in on the expected betting boom for the 2006 World Cup hosted in Germany.

The total turnover grew by 5.5%, reaching the highest level in the nation's gambling history.

In an effort to find a solution to the three months old labour dispute, the online poker site has invited NHL commissioner and NHLPA director to play a game of winner-take-all Texas Hold'em.

The payment processor blames a technical error, for which the funds that were wrongly charged to the credit card were meant to be taken from the customer's account. 

A Who's Who of the online betting industry, coming on December 31. 

Northern Territory Deputy Chief Minister, Sid Stirling, has informed the Australian Racing Board (ARB) that his government, despite recent conjectures, will not consider any licensing application from betting exchanges.

An estimated $140 million is wagered per day on global online poker sites, up from $16 million a day in January 2003.

Industry insiders predict that in 2005 we'll assist some of the larger bookmakers raising capitals to fund acquisitions and further consolidate the industry. 

The payment processor admits to have wrongly charged a customer's credit card for £5,000. Click2Pay has offered no reimbursement for the fees and informed the customer that the funds will be pending, thus not available for withdrawal, for the next 8 days.

The deal between European soccer's governing body and the world's leading betting exchange will permit to detect suspicious betting patterns and boost the war on corruption in soccer. 

Shares in BlueSquare's parent company dropped 12.3 % of their market value, following the UK's government announcement which will limit the number of new casino to be built under the new Gambling Bill to 24.

Mark Read, IASbet's managing director, said betting exchanges are seen as a growth area for IAS. "Interactive technology like that provided by the exchanges is ideally suited to sports betting," he said.

Hilton, Ladbrokes' parent company, and William Hill were among the popular plays on yesterday stock market, following UBS' dismissal of concerns over fixed odds betting terminals (FOBTs).

A new interactive channel will provide a range of fixed odds games across UK digital cable platforms. The Winner Channel will be launched in 2005 as a result of a partnership between Two Way TV and Zone4Play.