Gibraltars Offshore gambling sites on the Internet have revolutionized the sports betting industry

Gibraltars Offshore gambling sites on the Internet have revolutionized the sports betting industry. The offshore betting sites compete for the bettors’ money, and are constantly improving consumer services

Tuesday, 20 September 2011

BHA's decision to team up with William Hill to fight the exchanges is misguided

 

One wonders whether the British Horseracing Authority pondered such a scenario before it decided to jump into bed with William Hill bookmakers. For they are now jointly pursuing a judicial review of the Levy Board’s decision not to impose Levy on some customers of betting exchanges. Which equates to the sport’s governing body suing the Government quango that distributes its funding. Why, we should ask ourselves, would the ruling body of horse racing want to march into battle allied to its biggest parasite? WilliamHill.com are, after all, the biggest on line bookmaker dodging Levy payments by being based in Gibraltar. Betfair, on the other hand, who are the BHA’s principal target in this fight, voluntarily pay racing £6 million a year in Levy even though, they too, are based offshore. Before the BHA made this catastrophic decision – to be bank rolled by one betting operation fighting another for market share – did they consult their history books? Clearly not. Because, had they done so, they would have been reminded that William Hill have consistently been the bête noir of racing.

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