SPONSORING
The
South Sydney Rabbitohs and
Betezy.com have partnered to bring punters
Bunnybet.com.au, which went live yesterday.
The league joins the Gold Coast Titans, Cronulla Sharks and Newcastle Knights, three other Australian National Rugby League members who have entered a joint venture with Betezy, an online Northern Territory-licensed bookmaker.
“NRL Clubs are trying to bring new revenues into the game, and we feel that sports betting is going to be an increasing source of funding in Rugby League over the coming years,” said Shane Richardson, Rabbitohs’ chief executive, in a statement.
The Rabbitohs said it will received a guaranteed six-figure sponsorship plus advertising based commissions based on turnover, which it said will help generate revenues for the club.
“We’ve not entered into this partnership lightly,” Mr. Richardson added. “We consulted our members on this issue … and the response we received was over 90 percent in support of moving ahead with a sponsorship agreement.”
JAILED
In China, twenty people connected to creating online gambling sites in 2006 have been put in jail, reports Agence France-Presse.
“This is possibly the country's biggest online gambling case," Zhang Minxian, a court spokesperson, was quoted by the news service as saying.
According to the report, jail sentences for the 20 men range from one to six years and fines were from $4,430 to $1.13 million.
NEW STRATEGY BOARD
The United Kingdom’s Gambling Commission released the names of nine members to its newly formed independent Strategy Board, which will advise the commission and the Department for Culture, Media and Sport on a national responsible gambling strategy.
Announced on Thursday, the nine board members include Neil Goulden, chairman of Gala Coral Group, Paul Bellringer, founder and first chief executive of GamCare, and Dr. Henrietta Bowden-Jones, founder and lead clinician of the National Problem Gambling Clinic.
“Their collective expertise is extraordinary and while our remit is challenging,” said Baroness Neuberger, the new chair of the Strategy Board, in a statement. “I am confident that together we will deliver a robust British strategic framework for research, education and treatment.”
DELISTING?
The Toronto Stock Exchange has speeded up its review Magna Entertainment Corp.’s listing eligibility, the company announced on Thursday.
According to the Toronto Star, the horse racetrack operator has accumulated a “mountain of debt” through the years, and its stock price has plummeted -- falling from $19.39 in March 2008 to its current price of 30 cents.
In late January, Charlie J. Williams stepped down as the company’s director due to other pressing business issues.
Nambling Notes is .