Bookies, Kenya bet on royal union

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[video]http://cnn.com/video/?/video/world/2010/11/16/uk.engagement.social.media.cnn[/video]

The engagement of Prince William to Kate Middleton lit the Internet on fire Wednesday, a good news story for a UK demoralized by debt and spending cuts.

The royal family hasn't announced a date for the wedding yet. But Ireland’s biggest bookmaker is naming the second Saturday in August in 2011 as the favorite possible date. Paddy Power is offering 3-to-1 odds on that being the big day.

Less likely - at 10-to-1 - is Saturday, July the 30th. That's because it falls just one day after the 30th anniversary of Prince William's parents' wedding - when Charles and Diana tied the knot in 1981.

Other bets being placed:

Where will the wedding take place? (Westminster Abbey is the 6-to-5 favorite).

What title will William assume? (Duke of Cambridge, 5-to-4).

UK viewers of wedding broadcast? (More than 36 million, 3-to-1)

Who will design the wedding dress? (Amanda Wakeley, 4-to-1)

Length of Kate’s train? (Less than two meters, 6-to-4)

Color of the Queen’s hat? (Pink, 9-to-2 favorite)

Meanwhile, the UK Kenya Tourist Board is hoping that the royal proposal – which was made when the pair were visiting the Lewa Wildlife Conservancy near Mount Kenya – will provide a boost in tourism to the nation.

“For a country such as Kenya which relies heavily on tourism, this will created worldwide publicity and significantly enhance the profile as a romantic holiday destination,” director Angie Sloan said in a news release.

Ah, love is in the air. And financial opportunism.
 
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