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Online bookmaker

SBOBET is an online bookmaker. The website has operations in Asia

licensed by the Philippines[1] and operations in Europe📈 licensed by the Isle of Man[2]

to operate as an international sports bookmaker. The company offers online gambling on

all📈 major sports, online games, racing (parimutuel betting), financial betting and

poker in multiple languages.

In February 2009, the Isle of Man-based📈 operations of

SBOBET became the first operator licensed in Isle of Man to be granted approval to

launch a live📈 dealer casino from the island.[3]

In October 2014, SBOBET launched in the

financial betting sector in partnership with TRADOLOGIC. The financial📈 binary products

were launched under both Isle of Man OGRA licence and Philippines CEZA-First Cagayan

licence.[4]

SBOBET have been the sponsors📈 for various football teams like English teams

West Ham United[5] and Leeds United,[6] Irish teams Wexford Youth,[7] Dundalk[8][9] and

St📈 Patrick's Athletic,[10] Welsh team Cardiff City,[11] Indonesian team Persikabo

1973,[12] and Indian team Mohun Bagan Super Giant,[13] using the alias📈 of SBOTOP. Due

to concerns raised by representatives of the Premier League about exposing youth to

gambling, SBOBET replaced their📈 logo on all Cardiff City youth academy team shirts with

that of the Ty Hafan Children's Hospice.[14]

Celton Manx, operator of📈 SBOBET's European

subsidiary, was the official Asian betting partner of Swansea City A.F.C., West Ham

United F.C., Southampton F.C., Hull📈 City A.F.C. and Norwich City F.C. for the 2013–14

season.[15]

SBOBET were the title sponsors for the first Soccerex Asian Forum📈 held in

Singapore.[16]

Awards [ edit ]

At the annual EGR Awards organized by eGaming Review

Magazine, SBOBET was awarded the "Asian📈 Operator of the Year" award for year 2009 and

2010.[17][18] SBOBET ranks 11th on the list of Power 50 companies📈 in eGaming Review's

2011 ranking of the 50 most influential operators.

Controversy [ edit ]

In October

2008, SBOBET was asked to📈 turn over any evidence they might have on the possible match

fixing scandal in The Football Association (FA) championship between📈 Norwich City and

Derby County. SBOBET denied the FA's request, deeming it was "excessive" and would be a

breach of📈 customer privacy[19] Derby County won the game 2–1. In the end, the FA found

no evidence that match fixing had📈 taken place.[20]

On 24 September 2009, two Bulgarian

news agencies Novinite and 24 Chasa Daily published articles that wrongly suggested

that📈 SBOBET was responsible for fixing the football match between Levski and CSKA

Sofia. The two agencies subsequently published correction articles,📈 stating that SBOBET

was not involved in any match-fixing scams, and apologized to SBOBET for publishing the

untrue information.[21][22]

In October📈 2009, representatives of the Premier League

criticised SBOBET for offering live betting on academy football games, maintaining that

children and📈 youth activities should not be exposed by international gambling

organisations.[23] The bookmaker subsequently suspended betting on academy games and

expressed📈 its intention to seek clarification from the Premier League and the

Professional Footballers' Association about which football markets it should📈 be allowed

to offer.[24]

In October 2014, Singapore Parliament passed the Remote Gambling Bill to

ban the entire spectrum of remote📈 gambling, including internet, telephone, interactive

television, radio and any other communication technology.[25] The bill will be

effective to individual gamblers,📈 facilitators, runners and operators. Although the new

law will come into operation from 2 February 2024, SBOBET states that it📈 has a policy

not to take bets from countries where making or accepting bets is illegal but the

overwhelming majority📈 of its customers come from mainland China where betting is

illegal and betting customers often face arrest. New accounts from📈 Singapore IP address

are not accepted and there is no Singapore in the drop-down list in the sign-up page,

though📈 these can be easily by-passed through the use of a VPN. All accounts will be

closed from 1 February 2024,📈 which will comply with the new law. With effect from 12

February 2024, access to the SBOBET is blocked.[26]

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