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Search Our Archive of Gaming Articles Expects $30 Millions in Bets

15 March 2004

ST. JOHN'S, Antigua – (Press Release) -- With the proliferation of office pools and sports betting becoming more prevalent each year, "March Madness" has surpassed even the Super Bowl as the most widely bet annual sporting event in North America. Highlighting the vastness of betting on the 64-game three-week long event, today announced that the company expects to receive $30 million in bets on the 2004 men's NCAA basketball tournament.

Publicly traded on the Australian Stock Exchange as part of the BetCorp (BCL) group of companies, accepted over $650 million in wagers in 2003 and expects to take more bets on the NCAA tournament than any other single sporting event staged in North America this year. Considering that all Las Vegas sports books are expected to receive over $80 million combined on this year's NCAA tournament, it's easy to predict that will handle more in tournament wagers than any single sports book on the Las Vegas strip.

"Each March the men's NCAA basketball tournament captivates millions who are seemingly more concerned with their vested interest in an office pool than the performance of their favorite team or alma mater," said Simon Noble, CEO of "This year we are expecting to accept $30 million in 'March Madness' wagers, which is considerably more than the amount took on this year's Super Bowl."

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