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Sports betting is the general activity of predicting sports results by making a wager on the outcome of a sporting event. Perhaps more so than other forms of gambling, the legality and general acceptance of sports betting varies from nation to nation. In the United States, for example, sports gambling is only legal in Nevada casinos, while in many European nations bookmaking (the profession of accepting sports wagers) is highly regulated but not criminalized. Proponents of legalized sports betting generally regard it as a hobby for sports fans that increases their interest in particular sporting events, thus benefiting the leagues, teams and players they bet on through higher attendances and television audiences. Opponents fear that, over and above the general ramifications of gambling, it threatens the integrity of amateur and professional sport, the history of which includes numerous attempts by sports gamblers to fix matches, although proponents counter that legitimate bookmakers will invariably fight corruption just as fiercely as governing bodies and law enforcement do. Most sports bettors are overall losers as the bookmakers odds are fairly efficient. However, there are professional sports bettors that make a good income betting sports. Contents 1 Types of bets 2 Bookmaking 3 Betting scandals 4 Sports betting forums 5 See also 6

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HELENA (AP) — The rate of growth in taxes Montana collects on video gambling machines fell to 4.4 percent in fiscal 2008, the lowest rate since the 2.5 percent recorded for fiscal 2001. “Tax collections kept going up and then in the third quarter ...

Rise in video-gambling taxes slows - Great Falls Tribune

Casino companies worked long and hard to gain a foothold in Pennsylvania. Few know that better than Downtown restaurant owner Nicholas Geanopulos. Over the past decade, the proprietor of Nicky's Grant Street Restaurant has earned as much as $2 ...

'Little guy' rolls big as gambling lobbyist - Pittsburgh Tribune Review

Although Montana's video-gambling-machine revenues continued to grow, the rate of growth for the third quarter of 2008 dropped to 1.8 percent, bringing the annual rate to 4.4 percent — the second-lowest rate in a decade. "The drop in gaming ...

Growth of state video-gambling revenue slows - Great Falls Tribune

HELENA - State tax collections from video gambling machines rose by 6.8 percent in fiscal 2007, but dropped to a 4.4 percent growth rate in fiscal 2008, possibly reflecting the national economic downturn and higher summertime fuel prices, state ...

Growth of gambling revenues slows down - Missoulian

A prominent Dallas businessman and a state legislator have entered the field to build a horse racing track just outside of Lancaster. Dental clinic mogul David Alameel, his wife, Martha, and state Rep. Yvonne Davis have an application pending with ...

Proposed horse racing track near Lancaster has big backers - Dallas Morning News

HELENA - State tax collections from video gambling machines rose by 6.8 percent in fiscal year 2007, but they dropped to a 4.4 percent growth rate in fiscal 2008, possibly reflecting the national economic downturn and higher fuel prices, state ...

Growth slows in video gambling tax receipts - Billings Gazette

The top cash prize is $5,000 at Jacks Are Wild, an Internet cafe in Bradenton, and $8,000 is the jackpot at Phone Card Sweepstakes in Sarasota. SOME BACKGROUND ON THE LAW The sweepstakes statute applies to awards with prizes above $5,000 and requires ...

Local gambling houses take a chance - Herald Tribune

Here we are heading into 2009 and it is time to reflect upon 2008 and what were the biggest impacts affecting the online gambling industry. Unfortunately, this was a pretty easy list to create. While most of the news was bad, some was quite ...

Top 10 Biggest Impacts on Internet Gambling in 2008 - Gambling 911

Ron Cox: After a frost-free night, there was no need for an early morning inspection at Folkestone and racing goes ahead on good ground on the chase course and good to soft over hurdles. Noel Chance has Cheltenham Festival plans for Aux Le Bahnn (2 ...

The latest news and best bets in our daily racing blog - Guardian Unlimited

MILFORD – Brok Griffith, a 22-year-old restaurant worker, went to The River Card Room in Milford to play in a $10 poker tournament. A few years ago, he might have plunked down four times that amount. The deepening economic recession hasn't sent ...

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