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Yes or No, any point of having this forum anymore? Calling the old school..? After my last thread starter looks like apathy as totally taken over.
Immanent upgrade could spell trouble. Staggeringly Inept and pointless bluff. Spice up your November Nine - Big Overlay! Any good poker channels on Sky?
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News specific to the online poker world including big scores, new promotions and new legislation. In late autumn of , Betfair finalised a deal that began in early summer, to purchase the online poker site PokerChamps.
In a press release, the company's then poker head, Ben Fried, stated: It means we can react quickly to customer feedback and continue to develop an innovative, community focused product.
We are confident that we are laying the foundations of a market leading poker room. Cash 4 Clubs is a sports funding scheme set up and funded by Betfair.
The scheme provides sports grants to local community sports clubs. Betfair owns subsidiaries in the United States. The main company is TVG Network , which is dedicated to horse racing, broadcasting live races as well as race analysis, interviews, handicapping tips and features.
Betfair also has a subsidiary called BetfairCasino. On 7 April , Betfair launched its betfair exchange in Italy.
In March , Betfair successfully trialed an auto-cash out feature with its live betting customers in the UK and Ireland.
The features allows players to lock in their chosen profit. In November the Tasmanian government announced a deal to license Betfair Australia in the state.
It was the second licence awarded to Betfair outside the United Kingdom , the first being in Malta with subsequent licences following in Austria and Germany, and Tasmania now receives substantial tax revenues.
However it infuriated the established monopolistic totalisators and bookmakers due to loss of revenue and governments due to loss of taxes in the other Australian states.
A ban on the use of betting exchanges took effect in Western Australia on 29 January , with Betfair successfully claiming this new law violated the Constitution of Australia.
In a unanimous verdict by the High Court of Australia on 27 March , the two provisions of the legislation, purporting to ban Western Australians from using a betting exchange and prohibiting an unauthorised business from using Western Australian race lists, were declared invalid as they applied to Betfair.
The provisions were characterised as imposing a burden on interstate trade that was protectionist in nature, and therefore contravened section 92 of the constitution.
The Court decision suggests, but leaves open, that a more narrowly drafted ban may have been allowed e. In October , chief executive Stephen Hill announced his resignation when the board decided not to proceed with plans for a stock market flotation, the investors holding out for a higher valuation.
In December , after overseeing the company's Initial public offering Yu resigned his position. Betfair also admitted that the purchase of 6.
In September , Betfair admitted that it had concealed the theft of confidential customer data from the company's share prospectus.
The theft included the payment card details of most of its customers, "3. The company further stated that it had informed the Serious Organised Crime Agency of the incident which happened on 14 March but was not discovered by Betfair data security until 20 May that year.
Betfair offer in play betting on a variety of horseracing events. There has been some controversy over alleged broadcast delays of up to five seconds.
Among the bettors on Betfair's exchange are companies that place high-speed automated bets using predictive models. Some of these companies use courtsiding data transmitted directly from agents located at the event, giving them an edge over recreational punters who do not receive the latest scores as quickly.