Betfair in good position on the French market

More than a sports betting site, Betfair is a betting exchange. Betfair should be one of the authorized sites in France in 2010.

Bernard Arnauld opens the doors of France to Betfair

Betfair is strongly suggested to get the game licence in France. It must be said that the lobbying of Bernard Arnault knows no barriers that resist to him. Bernard Arnault is of one of the biggest French investors and has strong networks within the highest spheres of power. And Mister Arnauld owns 10 % of the capital of Betfair.

Betfair, an unique online betting site

It seems that the originality of Beftair played in its favour. Far from being a simple bookmaker betting against punters, Betfair is a betting exchange. The punters buy and sell bets between them (betting exchange). This argues in favour of its legalization because this is a betting type more protected for the punters.

In addition Betfair sponsors different big football teams since this year. Nothing less than Manchester United and FC Barcelona!

The opening of the French sports betting market is imminent

It only remains to wait for the official proclamation of the list of authorized sites. This one should start to be written in January 2010, even if the real adoption of the law of regulation of online games will be delayed by several months. Everybody believes that Betfair will appear in it.

This article was written on Wednesday 26 August 2009 at 12:16 and is listed in the Betfair category. You may leave a Comment.

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