Games - Sportingbet

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	Games - Sportingbet

Sportingbet PLC is one of the world's largest egaming operators. Traded on the London Stock Exchange's Alternative Investment Market (AIM) (symbol: SBT.L), as of 2006 Sportingbet had a market capitalization in excess of US$2.2 billion.

Sportingbet operates over fifty different brands, primarily local-focused sportsbooks plus bingo and casino sites, and the third largest online poker cardroom, Paradise Poker. Overall, the company has over 2.5 million registered customers in 200 countries, who place over one million bets (casino, poker, sports and virtual games) per day.

For US online sportsbooks, Sportingbet uses a system similar to a franchise, in which local website operators use Sportingbet's centralized software, financial services, grading, and customer service. Web sites receive a cut of the profits based on the number of customers using their web site.

Sportingbet acquired Paradise Poker in October 2004. Between then and January 2006, Sportingbet's share price increased more than 375%.

Sportingbet's corporate offices are located in London, England. They also have offices and call centres in the Republic of Ireland, Costa Rica, and Australia.

[ Visit the complete Wikipedia entry for Sportingbet ]

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