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Joe McElderry is set to be crowned the new X Factor king according to English bookmaker Ladbrokes. The young Geordie is at odds of 4/9 red hot favourite to win the hit show.

The bookies have almost given up hope of a last minute upset as Joe is very likely to get the contract many unknown singers and performers long for.

David Williams, spokesperson of Ladbrokes, said: “Only a huge shock would save us from the inevitable payout on Joe. (Read the full post about ‘X Factor Betting – Ready Steady Joe McElderry as Show Crown Beckons’…)

UFC 107 on Saturday, December 12th features a lightweight title fight between defending champion BJ Penn and Diego Sanchez.  This bout is one of five on the main pay-per-view card in addition to six preliminary fights which are not scheduled to be televised.  Penn is a 3-1 favorite in UFC betting odds at SBG Global to defend his UFC lightweight title against Sanchez.

Many people are hoping for a great UFC 107 card since the recent Ultimate Fighter Finale was not very good.  The UFC 107 matchups look a lot more appealing headlined by Penn and Sanchez.  This will be the third title defense for Penn who has simply dominated his opponents recently.  He submitted Kenny Florian at UFC 101 and overall Penn has now won four straight fights.

Sanchez has been perfect in the lightweight division including a split decision win over Clay Guida in the Ultimate Fighter Season 9 Finale.  He is still considered a notch below Penn though and that is why he is about a 3-1 underdog on Saturday.  The one thing that Sanchez does have is heart so you can bet this will be a very intense fight on Saturday. Sanche

(Read the full post about ‘UFC 107 Preview’…)

The news last week that a major executive shake-up in the European Commission will see the European commissioner for internal markets, Charlie McCreevy, replaced by a French bureaucrat in February 2010 is still the subject of discussion amongst online gambling executives.

McCreevy frequently fought the industry’s corner when it came to enforcing EU principles of the free movement of goods and services, a concept often fiercely opposed by state monopolies trying to protect lucrative businesses.

(Read the full post about ‘Gambling industry supporter McCreevy replaced in EC shakeup’…)

The US enforcement and legal system took what appears to be token final kick at the carcass of bankrupt online gambling group BetonSports this week when a federal judge in St Louis sentenced the firm, which has been defunct for several years, to probation and a $28.2 million fine that lawyers on both sides admit is unlikely to be paid.

Company founder Gary Kaplan was sentenced last month to 51 months in prison forfeiture of $43.65 million after pleading guilty to conspiracy, racketeering conspiracy and violating the Wire Wager Act. The company’s erstwhile CEO David Carruthers remains untried and under house arrest in St Louis after several years in limbo.

Associated Press reports indicate that in the latest development a federal judge placed BetOnSports on probation for five years and issued the fine.

(Read the full post about ‘Bankrupt BetonSports sentenced to $28m fine’…)

HONG KONG, Nov 30 (Reuters) – Sands China’s (1928.HK) weak stock market debut in Hong Kong on Monday signals a lack of investor appetite for a casino gaming company with a high valuation and an uncertain outlook, with mixed interest in the sector’s long-term prospects.

Sands China opened at HK$9.35 on its trading debut, down 10 percent from an IPO price of HK$10.38. The opening was in line with forecasts for a weak start because of its high IPO price and the weak performance of its closest rival, Wynn Macau (1128.HK).

"It has something to do with the IPO price — it was set at a very high multiple …

(Read the full post about ‘Sands China Down 10 Percent’…)

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(Read the full post about ‘Check out Virgin Casino for your £100 bonus!’…)

The study ordered by the Florida legislature to inform its decisions on the legalisation of online poker was delivered to the legislature by the state’s Office of Program Policy Analysis and Government Accountability last week and is expected to be presented to the state Senate by the end of November.

(Read the full post about ‘Study on legalisation of online poker delivered to Florida legislature’…)

Was Goldman Sachs Forced to Make a Half Billion Dollar Payoff to the Minority Community as a (legal) Bribe to Obama?

That is the question being asked by Gambling911.com Special Contributor and the 2008 Libertarian Vice Presidential candidate Wayne Allyn Root.  His views do not necessarily reflect those of Gambling911.com.

Small Business Faces an Economic Armageddon, While Obama Plays "the Race Card."

By Wayne Allyn Root, Author

The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts

Did you see the announcement late last week that Goldman Sachs is giving a half billion dollars to small businesses.

(Read the full post about ‘The Obama/ Goldman Sachs Small Business Scam?’…)

With Ireland reeling from ‘Le Hand of God’ bookie Paddy Power have issued a whole host of special bets on the man who will forever be known as ‘cheating Thierry’. French forward Thierry Henry.

Unfortunately for Irish fans and Justice Minister Dermot Ahern, the likelihood of justice prevailing look slim with odds of 33/1 the match gets replayed.

The man who sent his country to next summer’s World Cup with a handball in Paris last night is 125/1 to score with his hand in South Africa, 200/1 to take his new found ability to use both hands and feet and sign for a Gaelic football team in Ireland. (Read the full post about ‘FIFA World Cup 2010 Betting – Thierry Henry and His New Irish Friends’…)

The 29-year-old mum-of-three described the winning moment as ‘surreal’.

"I remember seeing the figure come up on the screen and I said to my partner Gary, 'I've just won the jackpot'! I don't think he believed me, but I could barely believe it myself,” she said. "It still has not fully sunk in. It sounds stupid but the whole thing just seems a little surreal."Lorraine has been playing at InterCasino for about three years.  She mentioned she rarely played for cash, preferring to relax and play for free.

"Mostly I just play for fun, but that night I decided I would play for real," she said.

(Read the full post about ‘Very Happy Meal for McDonald at Intercasino’…)