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Sportingbet Trumps Las Vegas Sportsbook Industry

Business Wire, Sept 25, 2002

Entertainment Editors

LONDON--(BUSINESS WIRE)--Sept. 25, 2002

Nevada State Gaming Control Board recently released statewide sportsbook results for fiscal year end June 2002. The state of Nevada took $2,007,152,347 in handle. During the same period, Sportingbet took $985,758,780 of handle from North America.

Sportingbet (LSE:SBT) has quickly grown to about half the size of the entire Nevada sports industry. While Nevada declined by 4.7% year over year, Sportingbet is growing at a rate in excess of 25% annually.

Sportsbook.com's featured wager this week is on the winless Rams.

Sportsbook.com (http://www.sportsbook.com) is the largest of Sportingbet plc's family of Internet gaming sites, offering an enormous selection of odds and wagers. Odds on the defending NFC Champions Rams finishing the season as the Worst NFL Team are currently at 10-1, but the odds on favorite are still the Houston Texans at 2 to 1. Rams are a 10 point favorite this weekend over the Dallas Cowboys.

On the other hand, Rams head coach Mike Martz odds are 10-1 that he will be the First NFL Coach Fired this season. The oddsmakers have Bengals coach Dick LeBeau as the favorite to be fired, at even money.

Sportingbet plc is traded on the London Stock Exchange and operates around the world with operations in Australia, Taiwan, Americas and throughout Europe. Other Sportingbet plc sites include sports.com, sportingbet.com, wallstreet.com, and more.

COPYRIGHT 2002 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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