Sport is made for betting

With confidence that the shambolic pre-Cheltenham site crashes are over now their servers are fully operational in Gibraltar, Betfair's share price has started to climb again. It has been helped today with a case win in the Netherlands , part of a long, protracted battle against the monopolistic Dutch government who refused to consider their licence application. Whether that eventually turns into permission to take bets from Dutch residents is another matter, but it's a start... Betfair stocks were trading at 935p this afternoon, on a steady rise from around 870p early in the week.

The most ardent opponent to online betting in recent years, the Netherlands, looks like finally dropping its resistance to the industry and introducing legislation to regulate it. In recent years Ladbrokes and Betfair have spent a lot of time pursuing court cases in the Netherlands and at the EU to force the Dutch to drop their hypocritical stance, banning foreign operators but allowing a state monopoly to extort criminal margins from local residents. A new government has just been elected and with it comes sweeping changes. Internet gambling released THE HAGUE - Gambling on the Internet is released. The government thinks so, Rutte eventually hundreds of millions of dollars per year to get. Reported that sources in The Hague. The right-wing government wants licenses to sell or auction among interested companies. The revenues of 100 million euros on per year, but were up to 270 million euros per year increase. Translate the article in Google Chrome if you want to read the ful...