Tag Archives: exchange wagering
- Betfair not bothered by New Jersey exchange wagering’s slow start
August 11, 2016
The US division of betting exchange Betfair says it’s not bothered by the slow start of its New Jersey exchange wagering site. On May 10, Betfair US launched exchange wagering on 4NJBets, the New Jersey advance deposit wagering site run by Betfair’s TVG racing offshoot. The launch marked the first...
- Kangwon Land has good Q1; Grand Korea Leisure, Paradise Co Ltd… not so much
May 13, 2016
South Korea’s three main casino operators had a mixed start to 2016, with one operator faring significantly better than the others. Kangwon Land, the only one of the country’s 17 small-scale casinos that admits local residents, reported modest revenue gains in the three months ending March 31 but a tight...
- Betfair US, Monmouth Park to launch New Jersey exchange wagering site on May 10
April 21, 2016
The US division of UK-listed online gambling operator Betfair will launch America’s first exchange wagering site next month. Betfair US, now part of the Paddy Power Betfair behemoth, along with their Darby Development partners at New Jersey’s Monmouth Park racetrack, announced this week that exchange wagering would officially commence in...
- Betfair celebrates as New Jersey issues America’s first exchange wagering license
November 21, 2015
New Jersey has become the first US state to issue an exchange wagering license, ending a long and often frustrating journey for the US division of UK-listed betting exchange Betfair. On Wednesday, the New Jersey Racing Commission held its latest executive session, at which it formally approved an application by...
- Betfair US gets new CEO as New Jersey publishes exchange wagering regulations
May 15, 2014
Kip Levin has been named CEO of the US operations of betting exchange Betfair. Levin (pictured), the former executive VP of Ticketmaster’s e-commerce division, will oversee Betfair US' advance deposit wagering operation Television Games Network (TVG) as well as the Betfair Casino online gambling operation in New Jersey. Levin replaces...
- Betfair Hollywood Park to close; Italy spares betting exchanges turnover tax
May 11, 2013
The US ambitions of UK online betting exchange Betfair took a hit on Friday following the announcement that California’s Hollywood Park racetrack would run its last race on Dec. 22. The announcement was not unexpected, as the track’s owners Hollywood Park Land Co. have long expressed a desire to develop...
Italy’s online gambling market now second largest in Europe
April 12, 2017
Betfair latest to exit Poland
March 28, 2017