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No More Internet Betting

The recession has really hit a lot of sites differently in the past year or two – some online casinos report that business is still quite lucrative, if not even booming in some cases. But that is not the case across the board – some internet gambling and betting companies are just not able to maintain the revenues through the internet business to justify continuing. PageBet is a large UK-based land bookie. Pagebet moved into the online casino betting industry earlier and has since attempted to grow a thriving internet-based betting operating using the same respected PageBet name. Those efforts were apparently not entirely lucrative and PageBet announced that it’s new internet betting business is now put into administration.

Without assets in the online casino betting industry, PageBet is really looking to focus on the expansion of its land betting business. According to the latest information that was released in The Northern Echo last month, Pagebet is looking to open a new branch of the company’s respected Pagebet land bookie betting shops. The new shop will be the company’s 57th branch and is planned for North Tyneside. All of the online hopes are not entirely shot – Pagebet notes that the company’s Web site will still host a ton of up-to-date competitive betting odds…the same great odds that interested gamblers can then take to the land bookie shops and use to place their bets.

There is a bit of good news to cover the fact that the company is exciting the online casino bookie market – Pagebet has restructured after the decision to movie out of the internet betting in such a way as to minimize the number of jobs that it has lost.