Without a change in the fiscal regime governing bingo, there are fears that hundreds of clubs could be put out of business. Betfair, the online sports-betting firm, has invested £10m to launch Tradefair, a new subsidiary company specialising in bets on the financial markets. It believes that the market for financial betting could exceed £400m.
Tradefair will operate independently of its parent.
Quelle: The Sunday Times
© 2007 The Sunday Times
Special Thanks to Chris.F.Masse