SBOBET.com is an online bookmaker. The website has operations in Asia licensed by the Philippines and operations in Europe licensed by the Isle of Man 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.
|Type of business||Private Limited|
Type of site
|Key people||Bill Mummery (Executive Director)|
|Products||Sports betting, Online casino|
|Parent||Celton Manx Limited|
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.
SBOBET was the shirt sponsor of West Ham United. up until the end of 2012-2013 season. They were also the shirt sponsor of Cardiff City for 2010-2011 season. In October 2009, 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.
Celton Manx, operator of SBOBET, announced in August 2013 its Asian betting partnership agreements with five Premier League teams, becoming 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.
SBOBET were the title sponsors for the first Soccerex Asian Forum held in Singapore.
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. SBOBET ranks 11th on the list of Power 50 companies in eGaming Review's 2011 ranking of the 50 most influential operators.
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 Derby County won the game 2–1. In the end, the FA found no evidence that match fixing had taken place.
On 24 September 2009, two Bulgarian news agencies Novinite.com 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.
In October 2009, representatives of the Premier League criticised 188BET and SBOBET for offering live betting on academy football games, maintaining that children and youth activities should not be exposed by international gambling organisations. Both bookmakers subsequently suspended betting on academy games and expressed their intention to seek clarification from the Premier League and the Professional Footballers' Association about which football markets they should be allowed to offer.
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. The bill will be effective to individual gamblers, facilitators, runners and operators. Although the new law will come into operation from 2 February 2015, SBOBET has a clear policy not to take bets from countries where making or accepting bets is illegal. New account from Singapore IP address is not accepted and there is no Singapore in the drop-down list in the sign-up page. The accounts will be closed from 1 February 2015, which will comply with the new law. With effect from 12 February 2015, access to the SBOBET is blocked.
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- Match-fixing inquiry closed by FA, BBC News, 5 December 2008, accessed 14 March 2009
- "Correction: SBOBET.com Not Responsible for Fixing Bulgarian Football Match". novinite.com. Retrieved 2 November 2009.
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- White, Duncan (17 October 2009). "Premier League fears corruption after 188bet and SBOBET offers betting on teenagers". London: Telegraph.co.uk. Retrieved 2 November 2009.
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- Neo, Chain Chin (15 October 2014). "Online gaming firms start shutting S'pore accounts". Singapore: Todayonline.com. Retrieved 21 October 2014.