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The British-based online betting company Betfair has announced a "rescue package" under which it will cover the losses for most of the customers of the Sporting Options betting exchange, which ceased operations and was placed under administration Monday.
Tuesday, November 16, 2004The British-based online betting company Betfair has announced a "rescue package" under which it will cover the losses for most of the customers of the Sporting Options betting exchange, which ceased operations and was placed under administration Monday.
Tuesday, November 16, 2004Following the placement of the British betting company Sporting Options under administration, meaning it has financial problems, other betting exchanges were quick to assure customers that their accounts were safe.
Monday, November 15, 2004The British Jockey Club has charged two jockeys, Gary Carter and Pat McCabe, and a trainer, Shaun Keightley, with holding horses back in flat races following investigations. The cases center on Christopher Coleman, a bettor and London tailor who was warned off for two years in January 2003.
Monday, July 19, 2004Betfair has taken significant steps in its bid to revolutionize betting, with the announcement of the finalization of its Memorandum of Understanding with the Jockey Club. The groundbreaking agreement is the result of many months' work between the two organizations.
Tuesday, June 10, 2003A principal in a company that develops software for betting-exchange wagering said North America has the structure in place to make it benefit the horse racing industry.
Thursday, March 13, 2003By Ray Paulick -- An online betting exchange poses a serious threat to horse racing because none of the money wagered is passed on to the industry.
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