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Volume: 3 Issue: 11
( 2004)

Keywords:
sportingbet betonsports sporting options remote gambling betting exchange betfair uk gambling bill

Authors:
stephen hill

Organisations:
betfair

Jurisdictions:
uk

Sportingbet up, BetOnSports down, Sporting Options out

The last month has been a rollercoaster ride for the remote gambling industry with Betfair stepping in to save the players funds of failed betting exchange Sporting Options, BetonSports share price dropping fifty per cent and Sportingbet announcing the purchase of Paradise Poker, the world’s third-largest poker site, for US $297.5m.

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