On Monday Betfair will launch betting at SPs on all place markets on British horseracing, adding to the win-only betting option introduced in December 2007.

Regional governments in Madrid and the Basque country have decided to lighten the laws on betting shops, thereby inducing Stanleybet International to reconsider its options in Spain.

The Swedish online betting and gaming operator reported a 77 per cent increase to SEK 189.7m in fourth quarter net sales, with an almost doubled operating income of SEK 43.5m during the same period. Number of active clients increased to 107,000, up 18 per cent compared to the previous quarter.

The internet bingo software developer announced that it has received three expressions of interest from parties interested in conducting due diligence which could result in a possible purchase of all of the outstanding shares of the company.

The Executive Secretary of the Gaming Control Board, Raul Cortizo, told La Prensa that legal online sportsbooks in Panama registered total bets for $26.3 million in 2007, up from $14 million in 2006, with over $19 million of winnings paid back to online bettors.

"The USA was thoroughly defeated, forcing it to conclude that it would withdraw from the General Agreement on Trade in Services to which it is a signatory," Lionel Hurst told Carib World News.

Graham Calvert, a greyhound trainer who lost over £2m after asking William Hill to stop taking his bets, now says the bookmaker should reimburse his losses for allowing an addict to keep on betting with them.

While ESPN reported that the American racing industry is losing big money to offshore wagering, pari-mutuel betting operator Youbet.com announced today the closing of its offshore telephone wagering unit IRG, which it had acquired in 2005.

Mark Mendel remains confident that the small sum, $21 million, received in the 1st arbitration will not affect the amount in the 2nd arbitration between Antigua and the United States on the issue of the US withdrawal of gambling from its GATS commitments.

Already under investigation for betting under a false name, Stephen Allanson resigned after a further 37 bets with rails bookmaker Rod Cleary were discovered, adding to the five bets Allanson already admitted to have placed on the Spring Carnival.

Michael Buckley, Chairman of the internet bingo and casino operator, told the Telegraph: "Within the next 12 months we will be looking to monetize the shareholder value in the company in one way or another. I would be disappointed if it would be worth less than £100m."

Boss Media's Board of Directors approved the higher bid of SEK 25 per share after declining the SEK 19 per share offer.

After a lengthy investigation concerning illegal internet betting, the state police raided 5 houses in Western Massachusetts, confiscating balance sheets detailing an online sports wagering operation with over 130 customers pulling in tens of thousands of dollars a week.

888 CEO Gigi Levy told Reuters: "We are going to soft launch sports betting next week and it's going to be widely available this month." The 888 sportsbook will be launched in six countries, including the UK and Spain.

Intralot's subsidiary in Poland has been awarded a license to offer pan-European bets on Swedish horse racing.

According to Charles Cohen, Chief Executive of the mobile gambling specialist, Spencer's investment is a "massive vote of confidence".

The Bulgarian Government announced that it will make some amendments to its gambling laws to allow online gambling.

The Gambling Commission, Britain's betting regulator, has launched an investigation into betting patterns during last week's Malta Cup after it received a tip-off about suspected match-fixing.

Stephen Allanson, chief executive of Racing Victoria, admitted to have placed five phone bets during the spring carnival with leading rails bookmaker Rod Cleary using a bogus name.

While iGaming News reports that two French MPs, who have investigated internet gambling in 12 liberalized jurisdictions, are to report back that prohibition of internet gambling is an "impossible task", a Paris court rules against Unibet and William Hill, who were found guilty of counterfeiting in the Juventues trademark case.