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BetShop have been granted a licence by the British Authorities to operate as an international online bookmaker. They are a young, dynamic and reputable company and are about to become one of the leading online bookmakers.

BetShop offers its customers, guaranteed payouts, a wide range of betting selections and extensive coverage of all major football leagues and international sporting events.

BetShop’s management comprises of a team of highly motivated professionals and a comprehensive worldwide network of partners. Their marketing and technical offices are in London, England.

BetShop’s position as Europe’s fastest growing Internet company is founded on a number of unique features: over 400 sporting events offered every week, over 60 betting possibilities for each football match listed, live results update on all football events, immediate winning confirmation and quick payouts, easy access and fast online betting available 24 hours a day, along with a Welcome Deposit Bonus and no start up charges.

The majority of their customers accessBetShop through their personal computer or by using one of their Betting Shops or Internet access points in Italy, Cyprus, Germany, Lebanon and Romania.

They will shortly be offering this service in other countries. With more customers joining every day, BetShop are committed to meeting their needs with innovative bets, new products and new access channels like WAP, interactive television and GPRS.

BetShop's commitment to its customers is based on three principles: * CLARITY - All the rules of betting with BetShop. are explained clearly in the Rules section on the site.

* SECURITY - BetShop's website has been awarded the Verisign certificate - the most widely trusted guarantee of e-commerce security on the Internet today. * SIMPLICITY - It is easy to place a bet with them.

BetShop was gearing up for a summer stock market flotation that should see it valued at more than £25 million. BetShop, which claims to be Europe's fourth largest retail betting operator, is poised to hire nominated advisers to prepare for a listing on AIM, London's junior market, possibly before the World Cup football tournament in June.

The company, based in Wimbledon, was founded and is run by managing director Gabriel Chaleplis. It plans to float between 25 per cent and 30 cent of its equity to raise funds to back overseas expansion and possibly embark on some small-scale mergers and acquisitions.

Mr. Chaleplis, a former sports and marketing director at Eurobet who founded BetShop some ten years ago, is hoping to capitalise on last year's surge in investor interest in gambling stocks.

In an interview with Times Online, he shrugged off concerns the sector might have become overplayed. Although a successful float would see Mr. Chaleplis, as BetShop's majority shareholder, become a multi-millionaire on paper, he will not sell shares at the float and will remain at the helm of BetShop when it becomes a listed company.

"I don't want to exit and I'm not going to cash out; I want to stay running and growing the company," Mr. Chaleplis said. "We have had significant growth and now we feel that we want to develop that growth further. We want to enhance our geographical footprint, and we are also considering possible strategic partnerships."

Mr. Chaleplis, and his marketing director Mark McGuinness - who was previously involved in the flotation of betinternet.com - will together sell the BetShop idea, which is based on franchises and both an online and off-line business, to potential investors.

The vast majority of its business interests are concentrated in countries where the gaming regime is liberalising, particularly Italy, where BetShop operates 620 shops.

BetShop also operates a further 30 franchises in Germany, Cyprus, Romania and Curacao and is considering expanding into Poland, the Czech Republic, Bulgaria and Turkey.

Some 90 per cent of the bets it takes are on football betting, where it aims to attract the higher margin punter betting a low stake on multiple odds hoping for a bumper payout.

BetShop takes individual bets up to €150 and pays out a maximum of €50,000. Pre-tax profits for its 2004 to 2005 financial year came in at more than €1 million based on turnover of €110 million.

Mr. McGuinness also reveals that BetShop has been approached by three companies that want to explore the idea of developing betting shop franchises in the UK.

It is known that Ladbrokes and William Hill are both interested in the franchising concept, while 888.com is exploring developing the international side of its sports gaming operations. BetShop may in future also enter the casinos market.

Sign-Up Bonus

Sign-up at BetShop today and receive a 50% Bonus on your first deposit up to €50! Receive the promotion in 3 easy steps: 1 – Register a new account at BetShop Today! 2 - Make your first deposit ever, then send an email to promotions@betshop.com with your username 3 – Your bonus will be credited within 24 hours and you can place your bets

Sportsbook

At BetShop you are able to have an online bet on the following markets - Soccer (football betting), Basketball, Tennis, Motorsports, American Football, Golf, Ice Hockey, Rugby, Baseball, Snooker and Financial.

How to Deposit Funds

Deposits in to your BetShop account can be made using Visa, Mastercard, Bank transfer, Postal Order and Western Union.

There is a decent free bet, so if you would like to have a look at what BetShop can offer, just click on the banner below.