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Written by Thomas Jensen
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Wednesday, 20 February 2008
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With just weeks before BetMarkets returns for the second year to Vienna from 31 March – 1 April 2008, the conference has already attracted record numbers of delegates. Calvin Ayre, founder of Bodog, the global internet gambling giant whose ethos is to provide gambling as entertainment, says: “I am extremely happy to have representation at BetMarkets this year. This conference is a must attend event for executives to network and glean knowledge and information from experts in the industry.” BetMarkets, the only global sports betting conference, is set to be bigger and better than its successful launch in 2007. The highest calibre of industry speakers will share invaluable knowledge and experience, providing the essential tools for senior executives in online and land-based sports betting to improve their businesses. Amongst the list of speakers will be Alberto Eljarrat, CEO, Cirsa-Ladbrokes Betting Co (Spain); Pavel Moudry, CEO, Chance (Czech Republic); Petter Nylander, CEO, Unibet (Sweden); Mark Davies, Managing Director, Betfair (UK); Keith McDonnell, Director of European Operations, Bodog (Antigua); Michael Maerz, Director of Sportsbetting, PartyGaming (Gibraltar). BetMarkets 2008 will give delegates valuable insight into all facets of the industry, offering a forum to discuss how to better develop a profitable sports betting business in an increasingly competitive environment. Supported by BGT (Best Gaming Technology) for a second year as lead sponsor, this year’s conference also focuses heavily on industry networking opportunities ensuring delegates have the possibility to make the most of this unique event. |
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Written by Thomas Jensen
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Friday, 08 February 2008
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On the last night of a recent trip I had visiting BetOnline.com in Panama I learned that there is an abundance of world class Peacock Bass in the Canal. During my time out from the beating I was taking at the Veneto casino tables I learned that "Peacock Bass are smaller fish compared to the world class deep sea fishing off the coast of Panama".
“Expect to catch 200 two to three pound fish in a 4 hour trip,” stated this beautiful brunette Adriana sitting across from me at the blackjack table. “In the middle of the vast Soberania National Park Rainforest on the banks of the Chagres River and Panama Canal is the surprisingly beautiful luxury hotel called the Gamboa Rainforest Resort." "We could go sleep each night listening to the exotic sounds of the tropical forest and enjoy the comfort of luxury hotel,” stated her blonde friend Paulina in a sexy latin accent. Did I die and go to heaven? Even before the trip ended I was already trying to figure out how to get back to Panama. During my research, I found a killer website called BountyFishing.com. A Clever Canadian entrepreneur named Richard Shafter launched what he calls the “Facebook of Fishing” with forums for fishermen to discuss their favorite tackle, blogs and articles on everything from proper catch-and-release techniques to kooky fish you're not likely to see in the White River, space to post photos from your latest fishing adventure and more.
But perhaps the biggest draw was a unique ongoing fishing tournament that allows fishermen to compete against one another from any body of water and for cash prizes. Hundreds have taken part in the tournament so far and 2,600 people have become site members.
"Fishing is primal. It's therapeutic. It's been around forever. It triggers something within us," says Shafter when I emailed him about his website and to point me in the right direction on how to catch a Peacock Bass. "I love to fish, but compared to the people taking part ...Well, the people taking part really love to fish” one has only to peruse the gallery of classic fisherman-with-fish photos on the Web site, where the fish are different types and sizes, but the smiles on the catchers faces are pretty much the same. Lucky for the former real-estate developer based in Montreal, Shafter recognized those guys for what they are: An enthusiastic, underserved group that has turned his site into a full-time job and a major enterprise in less than a year.
If your a fishing freak like me, checkout BountyFishing.com. If you visit Panama any time soon, make sure to checkout the Veneto Hotel & Casino. At the very least hit the blackjack tables and look for Adriana and Paulina, you won’t miss them if they are around. If you want a safe and secure place to wager on sports, checkout BetOnline.com and the get great sign up bonuses and reduced juice betting options. |
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Last Updated ( Friday, 08 February 2008 )
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Written by Thomas Jensen
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Thursday, 07 February 2008
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Just four days after the New York Giants won Super Bowl 42, the New Jersey General Assembly passed a measure paving the way for sports betting in Atlantic City with a 58-17 vote. The most recent Super Bowl cost Las Vegas casinos upwards of $2 million dollars when Eli Manning led the Giants to probably a victory in the largest wagered professional sporting event in history which was close to $100 million dollars.
New Jersey Legislation Assemblymen Paul Moriarty, Louis Greenwald, Nelson Albano and John Burzichelli were the sponsors of the bill that could pave the way for Atlantic City casinos to start take bets on professional sporting. The bill could be on the states ballot during the Presidential Election in November 2008, which is anticipated to have record turn out.
"Ever since its inception, Atlantic City's casinos have scored big for taxpayers, senior citizens, and residents with disabilities," said co sponsor Louis Greenwald (D-Camden). "Now, aggressive marketing campaigns from out-of-state gaming interests have become a real and present danger to Atlantic City. With one of the state's most important industries in the crosshairs, it is imperative that we seize this unique opportunity."
Atlantic City casinos have been under mounting pressure from rival casinos owned by Native American tribes north of New York City. Namely Foxwoods Hotel & Casino in Connecticut. The move would boost the entire New Jersey economy.
"Sports betting already exists in New Jersey, but only the criminals are enjoying the profits," said John Burzichelli (D-Gloucester / Cumberland / Salem). "Legal, carefully regulated sports wagering would bolster both Atlantic City and the state. New Jersey should go all-in."
By making sports wagering legal in Atlantic City casinos is the smartest thing the citizens of New Jersey can do to squash credit bookmaking operations give the entire sports betting industry a credibility boost as a viable form of entertainment.
"Sports fans put billions of dollars on the line every year, regardless of its legality," said Moriarty (D-Gloucester / Camden). "A legal Atlantic City-based sports book would ensure bettors are not fleeced or put in harm's way."
If approved by New Jersey voters already tolerant to gambling, Atlantic City casinos would be regulated by the states Casino Control Commission and able to accept walk up sports wagers solely on professional sports. The casinos would not be able to offer wagering on collegiate sports.
What are the chances for the sports wagering bill which passed today in the New Jersey State Assembly to become reality in Atlantic City casinos?
"I don't have a problem moving the bill forward in the Senate by hearing it in committee," stated New Jersey State Senator Jim Whelan, Chairman of the Senate Wagering, Tourism & Historic Preservation Committee. "It's something I've supported for Atlantic City for quite sometime. The big obstacle to making it a reality, though, is the federal ban on sports betting for New Jersey which won't go away just by our passing a bill in the State House. I believe New Jersey voters would support having state-regulated sports betting in casinos, but I don't want to create false hopes. To give sports betting real traction, the federal ban has to be lifted."
Point-Spreads.com readers should not expect sports wagering in New Jersey anytime soon even if the measure passes in November 2008. Back in 1992, a federal law limiting sports wagering to Nevada was amended giving Oregon, Delaware, Montana and New Jersey an opportunity to approve sports betting, provided they acted prior to January 1, 1994.
Unfortunately for the entire sports betting industry, the Republican controlled Assembly failed to put the question before New Jersey voters. As a result of missing the deadline, only Nevada, Delaware, Oregon, Delaware and Montana can legally offer sports betting. Currently, Oregon and Nevada are the only states serving the entire US sports betting market. This is the reason that internet sportsbooks have become so popular over recent years in the first place. Internet gambling experts believe the sports betting industry is anywhere from another $10 billion to $400 billion in the world wide market.
Various sports wagering bills were approved by Assembly committees in 2004, 2005 and 2006 but never received further consideration. The current bill is the farthest the sports betting initiative has advanced since the Senate approved bills in 1992 and 1993 that never made it into law.
"If New Jersey could tap into even a fraction of the national sports book, the state would could generate millions of dollars in new direct revenues and economic dividends from increased tourism," said Greenwald. "It wouldn't be a revenue avalanche, but the betting opportunity would certainly strengthen Atlantic City's marketability and gambling hand."
The New Jersey legislators think New Jersey could successfully challenge the federal ban by having it ruled unconstitutional . Point-Spreads.com hopes they are successful and would give them "short odds" to succeed. |
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Last Updated ( Thursday, 07 February 2008 )
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Written by Thomas Jensen
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Sunday, 03 February 2008
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Bodog's Billionaire Founder Calvin Ayre is far from the action in Arizona were you would expect him to be hosting a big celebrity filled Super Bowl Party. Instead of walking the red carpets with a legion of Bodog Girls in the desert this weekend, Bodog's brand ambassador has set his sights on conquering Asia. I already knew Calvin was a big fan of Sun Tzu's Art of War and now I know why he recommended I read it a few years back after I finally got a chance to read the book on a recent flight I had overseas.
"Be so subtle that you are invisible. Be so mysterious that you are intangible. Then you shall control your rivals fate." - Sun Tzu
"The reason I like Asian business philosophies is because they fit my brain and I recognize their power," stated Calvin Ayre to Point-Spreads.com in a phone interview this morning before giving us his Super Bowl Pick. "Show me the person who does not think winning wars without fighting battles is a good idea and I will show you someone destined to fail over the long run."
Ayre and the entire Bodog group did not miss a beat when their domain name was hijacked by patent troll Scott Lewis in 2007. Within 12 hours the entire operation was back online and functioning at one hundred percent of capacity. I hope Scott Lewis and his financial backers have deep pockets, the patent trolls and Ayre’s legal team will be in court for years. The case over the control of the Bodog.com domain name is being fought in the state of Washington and the case could help to establish a legal precedence in the intellectual property law as it related to domain names being considered an asset. The outcome will effect tens of thousands if not millions of people worldwide.
“There are partial modifications in almost every operation, and sometimes even a complete change. A hothead who does not know how to change his plan, or is unwilling to change it but acts blindly, will inevitably run his head against a brick wall.” - Sun Tzu
The Bodog Nation is currently in the planning stages of its move East with the official roll out scheduled for 2009. Last year, the Antiguan based private entertainment company opened a Chinese hotline to offer world-class customer service last year and announced it was stepping up its efforts in the market by launching a brand new Chinese web page to assist its increasing number of Chinese customers.
In ancient Chinese culture, the Rat was welcomed as a protector and bringer of material prosperity. It is the first of the 12-year cycle of animals which appear in the Chinese zodiac related to the Chinese calendar. Rat is associated with aggression, wealth, charm, and order, yet also associated with death, war, the occult, pestilence, and atrocities.
“Just as water adapts itself to the conformation on the ground, so in war one must be flexible; he must often adapt his tactics to the enemy situation.” - Sun Tzu
I don't know if Calvin Ayre is a member of the occult, but I have seen the man predict the future on a few occasions and I would consider him clairvoyant at times. Back when all of the big internet gambling operators were going public, Ayre decided to remain private.
"I am more nimble than these guys going public are and I can make decisions quicker without approval from a board of directors," stated Calvin Ayre to me in 2004 on a ride through the hills of the Costa Rican town of Santa Ana in his bullet proof Black Hummer. "Being private I have a competitive advantage over my competition."
Was he ever correct! Shortly there after the United States Congress passed the UIGEA of 2006 wiping out $8 billion in market capitalization for the publicly traded UK listed internet gambling firms like Party Gaming, 888, SportingBet PLC. Bodog was among the last internet gambling operators to use NETeller, instead Ayre built out his own proprietary ecommerce backend, which helped Bodog transition away from the online payment processor much easier than his competition when NETeller was forced out of the market by the Department of Justice.
It was right around that same time that the other internet giants were going public that Ayre purchased the source code and development team of their poker software, which they have since modified into one of the best poker rooms on the internet. Unlike many of their competitors that rely on paying millions in annual licensing fees to gaming software developers, Bodog has always insisted on controlling their own software so that they would not be held hostage by software developers, Ayre’s move into poker made the former pig farmer from Canada a billionaire and the move into Asia will probably make him a billionaire a few times over.
After displaying clairvoyance in my presence on more than one occasion, I figured I would ask Calvin Ayre who his Super Bowl Pick was on between the New England Patriots vs New York Giants.
TJ - I noticed Bodog has the New England Patriots at -11.5 points, who do you like in the game today?
CA - "I have to go with the Patriots, the majority of this team has already got a few rings so they know those are doable...but to be on a team that goes undefeated all season and wins the ring immortalizes them....its been about the record books all year for this team, that is why they ran up some scores earlier in the season and they are hungry for this last one."
TJ - Where are you going to watch the game from?
CA - "I am in Asia launching our planning phase for a operations launch in 2009. I am going to watch the game at a friends of mines condo. It is going to be a long night though as the game goes off at 7:20 Monday morning here. The Super Bowl party will likely start at midnight Sunday." TJ - How is the expansion into Asia going? Did you know its the Year of the Rat?
CA - "Yes I am aware it is the year of the Rat, which means a lot more than it sounds like in Chinese culture. In Chinese Astrology the Year of the Rat produces people who are quick witted and successful financially and business wise. However, we are planning our Asian Launch in 2009, which is the year of the Ox which produces people who are methodical, strong and good leaders. We fully expect to live up to a combination of both these predictions with the launch of a business that is planned in the year of the Rat and launched in the year of the Ox." TJ - What Asia markets will you be looking at going into right away? Which markets will you hold back from entering at launch?
CA - "We don't have our plans in place yet, the planning is just started Feb 1, but there is no trying to hide the 800 pound gorilla in the room. The big market over here is China and the very successful regional Chinese who live outside of China. The new Bodog Asian Regional General Manager has over a decade in this market and has experience in both online sports and casino, which happens to be the two channels that dominate here. We are very happy to have someone of this experience level leading our efforts in this exciting space.”
Find out what Bodog’s Billionaire Calvin Ayre is up to and what he has to say on his blog at CalvinAyreLife.com. |
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Last Updated ( Sunday, 03 February 2008 )
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