Nambling Notes - Jan. 30, 2004

30 January 2004

BetonSports P2P -- Costa Rican betting company BetonSports.com launched its new person-to-person betting exchange platform today, just in time for the upcoming Super Bowl. AIM-listed TradingSports has supplied BetonSports with software that can handle 80,000 transactions per minute. According to BetonSports' CEO, David Carruthers, "There is currently no dominant online wagering company servicing American consumers that uses a person-to-person betting exchange. We believe that a tremendous opportunity exists to bring these capabilities to American consumers who are continually looking for more flexibility and control in their wagering experience."

Open Shop -- New Media Age reports that bookmaker Victor Chandler, which sold the last of its betting shops in 1999 upon becoming a Gibraltar-based Internet and phone operator, will soon open shops again in the United Kingdom. "We're open to building another chain," said the company's founder, Victor Chandler. "It's nice to have a high-street presence. It gives you marketing, a public face, and demonstrates that you're a real entity." Chandler plans to have his first shops open in London by April…. Bluesquare is also attempting to get a piece of high-street action and has this week applied for a license for its own bookmaking shop. Blue Square would like to open a sports book at what is now Rank's Grosvenor Victoria casino. The company plans to focus on interactive terminals and will let punters use the same accounts they use for Internet betting.

Super Deal -- Gaming software company Gamesys has developed a new game called Super Deal that incorporates elements of lotto, hi-lo, blackjack and poker. In Super Deal, five cards are dealt automatically every 60 seconds. Before each deal, players can make a variety of bets, such as which suits and numbers will be dealt, what the sum of the cards will be, whether a flush or strait will be dealt and more. A player can also place a bet for a large number of hands and then return to the game to check his progress. Super Deal is available at U.K.-based instant-win gaming site jackpotjoy.com.

Know Your Customer -- Isle of Man-based KYCOS Holdings, has announced its anti-money laundering due diligence solution program. The KYCOS (Know Your Customer Outsourced Services) solution eases the demands on gaming companies by anti-money laundering rules by introducing the KYCOS Card, an "international financial passport." KYCOS also uses its Harvestor service, an online process that checks a customer's identity against thousands of data services, and the KYCOS International Customer Due Diligence Registry, which stores images of customer identity records in its bank.

NFL Kills Screenings -- The Palms hotel and casino has canceled its sold- out giant screen broadcast of the Super Bowl after it was threatened with legal action by the NFL for copyright infringements. NFL spokesman Brian McCarthy claims that the NFL has sent cease and desist letters all over the U.S. to large venues that are turning the game into a pay-per-view event, although Palms officials think they are being singled out. McCarthey told the Las Vegas SUN that he wasn't aware of any other Vegas properties that had been sent similar letters.

CamelLot -- GoodLot, the fundraising betting site has introduced CamelLot, a Flash game of simulated camel racing that lets players bet on the winning camel for as little as 10 pence per race as they compete in a dash across the desert with odds set at 1-1, 2-1, 5-1, 10-1, and 100-1.