Tag: exit

Now Betfair exit Greece

It was announced at 7:04 this morning that Betfair are now, on top of all the other recent markets, exiting Greece. It’s another blow for the exchange model in Europe.

Full statement is available here: –

https://otp.investis.com/clients/uk/betfair/rns/regulatory-story.aspx?cid=270&newsid=293343

The key part is the following: –

On 5 November 2012, the Greek Gaming Commission issued a Decision that includes provisions for financial penalties and criminal sanctions against gaming operators that continue to operate in the market without a permit. Betfair believes that …