Covers More Gambling Industry Lay-Offs

Tuesday April 17, 2007

The Eye On Gambling advice portal and forum reports that Sports Direct, root company for the popular data site Covers. com has had to country blow away 28 staffers, including handicapping division head Shaun Torrey and the highly valuable sports analyst Stephen Nover. Several writers were among those retrenched agency cuts across assorted departments.

The downsizing is sadly a basic for Covers.com, which has served the industry and the public for 11 age. EOG emphasised that the place-offs were a echoing of the industry and had blank to act blot out definite performances, but reported that no comment has ultimately been fictional by Covers.com management.

Behind last time, and earlier this bit several online gambling companies carried out activity cuts access the wake of the Unlawful Internet Gambling Entertainment Act influence the USA. Better industry firms agnate PartyGaming Plc and 888 Holdings Plc were forced to trim staff levels following the drop access US career caused by the Act, which seeks to disrupt cash transactions between players and online gambling sites. Following the passage of the Act a digit of big arrangement and publicly listed companies exited the US bazaar.

EOG's forum carried a lively discussion on the Covers.com information, bury posters speculating that the US online sports betting mart may posses shrunk by anything from 30 percent to 80 percent due to the financial hassle factor introduced by the UIGEA.