Lightning sale completed

Hockey Betting Lines

03/03/2010 - Tampa, FL (Sportsbook Betting Lines) - The sale of the Tampa Bay Lightning to a local group headed by businessman Jeff Vinik has been completed.

Vinik controls Tampa Bay Sports and Entertainment, LLC, and becomes chairman of the team. The group's purchase, approved unanimously by the NHL Board of Governors, includes the lease to the St. Pete Times Forum and ownership of adjacent real estate.

"The Lightning is a great franchise in a terrific community," said Vinik, who signed the purchase agreement on February 4. "We thank Oren Koules and his partners for beginning the turn-around of the Lightning hockey club. Our goal now is to build a world-class organization, on and off the ice."

Vinik, also a minority owner of the Boston Red Sox, takes over for owners OK Hockey, LLC, which includes Hollywood producer Koules. That company had just taken control of the team prior to the 2008-09 season and revamped the entire front office and roster in hopes of building a winner.

The Lightning finished 24-40-18 last season and missed the playoffs for the second consecutive season. However, they have already surpassed that win total this season, sitting at 26-25-11 through 62 games in the thick of the Eastern Conference playoff hunt.

Vinik, 50, posted an open letter to Lightning fans Wednesday on the team's website.

"As the new owner of the Tampa Bay Lightning, I would like to express my appreciation to the entire community for welcoming me as caretaker of your hockey team and the St. Pete Times Forum," the letter reads. "I pledge to you that every one of us at the Lightning will work our hardest to create a world- class organization, both on and off the ice. My goal is to return to the days when the entire Tampa Bay area proudly cheered together for its hockey team."

Since Tampa Bay won the Stanley Cup title in the 2003-04 season, the team has not advanced past the Eastern Conference quarterfinals. The franchise's best years came under the control of Palace Sports and Entertainment, whose nine-year run included four playoff appearances, a Southeast Division title and the Stanley Cup title in 2004.

A Boston resident, Vinik is the founder and chairman of Vinik Asset Management and previously managed Fidelity's Magellan Fund.

Wwwjazzsports Hockey Betting News

<< Coyotes acquire Nokelainen from Anaheim
Glendale, AZ (Sportsbook Betting Lines) - The Phoenix Coyotes have acquired center Petteri Nokelainen from the Anaheim Ducks in exchange for a sixth-round draft pick in 2011. Nokelainen has registered four goals and seven assists in 50 game

<< Rangers pick up D Eriksson from Phoenix
New York, NY (Sportsbook Betting Lines) - The New York Rangers added some depth to the blue line by acquiring veteran defenseman Anders Eriksson from the Phoenix Coyotes prior to the trade deadline on Wednesday. Eriksson was sent to the Ran

<< Yelle returns to the Mile High City
Denver, CO (Sportsbook Betting Lines) - The Colorado Avalanche have acquired forward Stephane Yelle from the Carolina Hurricanes in exchange for forward Cedric McNicoll and a 2010 sixth-round draft pick. Yelle returns to the franchise with wh

<< Hurricanes deal Alberts to Canucks
Raleigh, NC (Sportsbook Betting Lines) - The Carolina Hurricanes dealt defenseman Andrew Alberts to Vancouver on Wednesday in exchange for the Canucks' third-round draft pick in 2010. Alberts posted two goals and 10 points in 62 games for Caroli

<< Braves bring final 11 under contract
Lake Buena Vista, FL (Sportsbook Betting Lines) - The Atlanta Braves agreed to terms with the final 11 players on their 40-man roster Wednesday. One-year contracts have been granted to right-handers Jair Jurrjens, Kris Medlen and Luis Valdez

Browns release OL Fraley >>
Berea, OH (Sportsbook Betting Lines) - The Cleveland Browns have terminated the contract of offensive lineman Hank Fraley. Fraley spent the last four years with the Browns and started 52 of a possible 63 games over that period. In 2009, he appeared i

Flames acquire Delmore from Detroit >>
Calgary, AB (Sportsbook Betting Lines) - The Calgary Flames acquired defenseman Andy Delmore from the Detroit Red Wings in exchange for forward Riley Armstrong. Delmore has been assigned to the Abbotsford Heat of the American Hockey League.

Moore paces Purdue over Hoosiers >>
West Lafayette, IN (Sportsbook Betting Lines) - E'Twaun Moore led Purdue with 21 points and had six rebounds as the seventh-ranked Boilermakers won their first game since losing Robbie Hummel for the season, 74-55 against the Indiana Hoosier

Manning undergoes procedure for neck injury >>
Indianapolis, IN (Sportsbook Betting Lines) - Indianapolis Colts quarterback Peyton Manning underwent a procedure on Tuesday to relieve pain in his neck caused by a pinched nerve. The team released a statement on Wednesday concerning Manning.

Orlando has little trouble dismantling Golden State >>
Orlando, FL (Sportsbook Betting Lines) - Dwight Howard posted 28 points and 12 rebounds to lead a 117-90 Orlando Magic rout of the Golden State Warriors at Amway Arena. The rest of the starting five hit double-digit scoring as well for a Mag

MySportsbook.com Releases World Series Championship Lines

New York Yankees and Chicago White Sox early favorites to win 2008 World Series
The Major League Baseball season starts this weekend and MySportsbook.com, a leading online sportsbook for over 8 years, is the first to offer baseball sports betting lines on who will win the 2007 World Series.

"The World Series is the biggest baseball event in the sports betting world and MySportsbook.com is excited that we are first to market with betting lines on every team," says Tim Dalton, Marketing Director, MySportsbook.com. "We are getting things ready for a great baseball season and our members are looking forward to our Player Payback Bonuses, as well as Dime Lines, all season long."

Going in to this weekend, MySportsbook.com's favorites to win the World Series are the New York Yankees at 7-2 and last year’s winners the Chicago White Sox at 9-2.

"These betting lines are ripe for the picking," Dalton added, "baseball fans know that the season is long and many factors, including players staying healthy, will affect these Future odds as the baseball season progresses. Betting on your favorite team in the beginning of the season could prove quite lucrative. We are seeing examples of this right now in the NCAA College Basketball Tournament with a lucky few that placed pre-season bets on George Mason to win it all. Anything can happen."

To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Mastercard needs..

About www.MySportsbook.com
MySportsbook.com is the foremost online sportsbook offering Internet wagering to its worldwide customers. Fully licensed and regulated in St. John’s, Antigua since 1997, MySportsbook.com offers a complete range of online casino games, sports betting lines, poker tournaments and horse racing offtrack betting daily through its portfolio of companies and managed services. With over 7 years of experience, MySportsbook.com has become one of the most respected companies in the gaming industry by providing unparalleled 24/7 customer support and timely payouts. MySportsbook.com is part of the SportingBet PLC group of companies that is publicly-traded on the London Stock Exchange ( LSE ) under the symbol SBT.L. MySportsbook.com provides a secure environment for sports and casino wagering and has been featured in numerous media outlets, including MAXIM Magazine, Cigar Aficionado, and CNN’s Paula Zahn Now among others.