International edition
September 27, 2021

It is also allowed after some events have started, including horse racing

Betfair has hopes for US exchange betting

(UK / US).- Betfair wants to establish a worldwide betting exchange that includes the Us, but will focus its US efforts for now on strengthening its newest acquisition, the TVG horse racing network, an official with the London-based wagering conglomerate said recently.

G

reg Nichols, managing director sporting affairs for Betfair, confirmed the company's goal of including the United States in a worldwide betting exchange, a platform viewed by some as controversial in that it allows bettors to directly wager with each other on a variety of outcomes – both winning and losing - in sports, politics, and entertainment events such as the Oscars and reality television shows.

Exchange betting is also allowed after some events have started, including on horse racing, as was demonstrated by Betfair officials at the March meeting of the California Horse Racing Board.

Nichols said Betfair has no timetable for including the US in its current betting exchange umbrella.

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