Posts Tagged ‘Betfair’

Betfair Makes Plans For U.S. Casino Market

Sunday, August 30th, 2009

While the future of online casinos within the United States is still very much up in the air, many different internet gambling businesses are angling and scrambling like made to position themselves in a favorable way so that when it does finally come together, they will be ready to swoop right in and get a head start in front of their competitors. One such company that is quite keen to be counted among the frontrunners that will be there if and when Representative Barney Frank succeeds with pushing his online casino bill through Congress is Betfair. The people behind the scenes at Betfair know good and well that there is a whole lot of money waiting to be made on the American internet casino gambling market. And they want to be a top contender in that particular arena.

Betfair plans to extend a $2.5 billiom initial public offering. This would help to generate a nice chunk of capital that would enable to internet casino business to consolidate gaming operations. Also, it would place them in a prime position to jump right into the United States market of online casinos as soon as the laws are in place to let that happen.

What Frank is pressing for is the regulation, licensing and possibly the taxation of internet casino businesses for the American market. He would also, incidentally, love to just repeal the entirety of the Unlawful Internet Gambling Enforcement Act. This is not an easy task, but he has been working hard at it for a long time and he is getting more and more support from both sides of the aisle. That level of success has made companies such as Betfair incredibly hopeful that everything will end up going their way in the end.

Betfair Conducts Casino Player Survey

Friday, July 31st, 2009

When Betfair, one of the top online casinos in the business today, wants to get to the bottom of the different trends that are happening in the industry to try to determine what issues are most important to their loyal following of players, they find out for themselves. Recently, they conducted a survey to find out what concerns drive their online casino players in terms of the choices they make as customers. And the results from the survey that was conducted are rather interesting and telling about the era we are in as far as the economy and the politics of this age are fairing. It doesn’t take a genius to see that the withering economy has had quite an impact on the internet casino players’ psyches.

It seem that one of the most compelling findings of this online casino player survey was that it uncovered the fact that all of the players out there who visit online casinos with great frequency and have been following the development sin regards to the poker account seizures performed by the United States government are very uneasy about the current situation.

They are worried about the future of casinos and internet gambling in America but they are also worried about the safety and security of their own funds that they may potentially be putting in harm’s way by gaming at internet casinos and poker rooms. With the lack of regulation that is running through the American casinos, there are countless threats as far as being unsure as to what will happen next or how the government will react to the outcome.

Betfair Offers Super Qualifiers

Friday, July 24th, 2009

There is nothing particularly fancy or amazing about the Irish Classic Poker Festival but it sure packs a punch every year and it is for this reason that so many fans of online casinos are committed to taking part in it year after year. And it is now time to get in on some qualifiers to earn yourself a sweet little ticket to the seventh annual Irish Classic Poker Festival. One place to take care of this particular item on your to-do list is over at Betfair.com, one of the top online casino gaming sites on the market. The casino players who are able to successfully qualify will also be eligible to entered instantly into the Free Million Dollar Game free-roll.

That particular free-roll contest is garnering quite a bit of attention from players all over the business of online casinos. And there is a very good reason for that. For starters, the free-roll event will end up giving one lucky contender a seat in the World Series of Poker Europe. This is a huge deal and it seems almost too good to be true but since Betfair is one of the sponsors for the World Series of Poker Europe, they were able to swing such a sweet and generous offering toward their faithful legions of players.

This kind of thing doesn’t happen everyday at casino and poker sites so this is something that you should definitely get involved in and take full advantage of before it manages to pass you by. Players will be trying to edge each other out as they vie for a seat to compete in London on the 16th of August.

Betfair Narrows Focus

Saturday, July 18th, 2009

In the business of online casinos, you must shift and adapt to the rapidly changing desires and whims of your base of players or get lost in the dust in no time at all. It is all about being able to roll with the punches and come out continually with something fresh and exciting to thrill online casino players so they keep coming back time and time again for more. Well, it seems that the good people behind the scenes at Betfair have decided to alter the course of their company’s original plans to adjust to a changing global marketplace.

What that means is that Betfair will be focusing on an international surge from region to region. They will be honing in to certain specific geographic areas of the world and customizing their approach accordingly to appeal to the specific wants and needs of individual countries and, when needed, regions. Of course, this additional attention to detail will also have the people of Betfair having to be extremely mindful of the laws for online casinos that each nation has in place so that they will be sure to be in compliance at all times. Now, that doesn’t sound too hard, does it?

The focus will be taken off of the actual product they are supplying to the internet casino business and more on adapting their products and style and level of service to regional specifications. There is a great amount of potential for success with this new business strategy and everyone involved in the effort at Betfair is extremely optimistic about how their intended plan will perform.

Betfair Hires Synergy For Marketing

Sunday, May 17th, 2009

As one of the top online betting exchange groups in the business of online casinos and gaming exploits, Betfar has been performing tremendously well considering the fact that this dreary economy has taken a-hold of so many land-based casino businesses throughout the country. And now the people behind the scenes at Betfair have made moves to up the ante so that their favorable position within the online casino and betting market can become even stronger than before. In order to accomplish this lofty goal the casino and betting group has decided to take the step to hire a specialist marketing consultant agency called Synergy. Based out of London, Synergy has been brought into the scenario with the hopes of carving out a successful path for Betfair to branch out with some new sponsorship strategies.

 

In the realm of online casinos and betting exchanges, the atmosphere is endlessly competitive, You cannot give any inch or your rivals will soar past you. As a way of staying ahead of the curve, Betfair has formed a business partnership with Synergy. And now the task for Synergy is to manage the wondrous endeavors that are Betfair’s plans for high-profile marketing. Most of this marketing will be revolving around the 2009 Ashes cricket series.

 

It seems that fans of casinos and online betting are also really into cricket so this will be the perfect event to get the word out about the awesome services that Betfair is able to provide. Right now Betfair is acknowledged as an official partner of the England & Wales Cricket Board. The company also serves as the official betting partner for the Test match grounds. After a rigorous pitch process, it was decided to go with Synergy for this latest marketing effort since the agency comes with some phenomenal experience in this particular area.

Betfair Signs Jepsen

Thursday, February 26th, 2009

Betfair has been buiulding up quite an impressive line-up of professional poker players in recent days. While their team has always been highly regarded in the world of online casinos and poker rooms they have raised their stakes and have managed to sign on even bigger names to their already respectable roll-call. Most recently, the people at Betfair have got Peter Jepsen to climb on board along with Annette Obrestad, John Tabatabai and Sorel Mizzi. These players are well known in the industry for taking no prisoners and for possessing some highly coveted online casino and poker skills.

You may recognize Jepsen’s name for he was the Danish guy who so famously fought hard and marched on to the ultimate victory at the 2007 European Poker Tour Polish Open. Who could forget that impressive performance? That magical win earned him a stellar $423,000. In a heads-up match he got the best of a French casino player named Farid Meraghni and never looked back. And the year before that back in 2006, Jepsen was able to finish third in the Caribbean Poker Classic and that earned him about $165,000. Everyone involved in this addition to Betfair is extremely pleased with this development.

As far as online casinos and poker rooms go, it can be vitally important to have strong players representing you on the international poker tournament schedule and Jepsen is a formidable player who has already demonstrated his worth a great many times in a variety of competitions all over the world. This relationship is set to last at least the next two years and it will be highly beneficial to both parties.

Betfair Prepared To Return To U.S. Market After UIGEA Gets Lifted

Thursday, February 12th, 2009

Although the head of Betfair, one of the top online betting exchanges, has indicated that he is quite pleased that President Obama has been elected as the 44th president of the United States, the company has recently indicated that they have no plans to have any dealings with players at online casinos inside the American market until the UIGEA gets lifted or some comparable change comes about to bring some clarity and proper regulations to the casino industry. With the financial situation of the entire nation still in a terribly grim state with thousands of people losing their jobs left and right, it seems as though laws for online casinos are not going to be found at the top of the president’s list of priorities any time in the near future.

Still, one can hope for the best. But many online casino companies like Betfair and Microgaming aren’t going to take any chances. They don’t want to meet the same fate as people like PartyGaming’s cofounder, Anurag Dikshit. Dikshit was recently forced to pay a $300 million fine for being found to be in violation of the 1961 Wire Act. The people who run Betfair are confident that they will be able to make difficult decisions like this and still be able to experience growth and success on their own terms.

While this move won’t win them any fans or devotees within the United States among players who love to wager at online casinos, the folks at Betfair are sure that when the time comes and the right changes finally do come about in America in regard to online gambling, they will be there ready and waiting to jump into the middle of the action.

BetFair To Stay Out Of American Market

Thursday, February 12th, 2009

It seems as though the Unlawful Internet Gambling Enforcement Act has been quite successful not in curbing the rate or frequency that people engage in online gambling. Instead it has been highly successful at scaring off different companies from within the casino industry of conducting any sort of business with any players at online casinos who live in the United States. One of the latest in a string of such casualties is one of the top betting exchange companies, Betfair. Their officials have indicated that Betfair is shying away from the American online casino market until everything with the UIGEA is sorted out in a clear and logical way.

They intend not to make any advances into the online casinos and gambling industry of the U.S. until the ban through the UIGEA is lifted. Who knows when this could happen. With the economy continuing on in its overwhelming downward spiral. the current administration has a lot on its plate that needs to be addressed. Casinos are just one of many key issues that will need to be addressed sometime in the future.

Betfair has been able to build quite a sizable niche for itself in the online gambling market. Each and every day the betting exchange processes millions of different bets on all different kinds of activities. It is too early in the game to determine exactly what kind of impact this pulling out of the American market will have on the firm, but it could have a lasting affect on how American players perceive Betfair and all the other companies that did not stand by them during this unsure time.

Australia’s Betfair Holds Its Own Despite Opposition

Tuesday, November 18th, 2008

Many folks are up in arms in Australia these days over the government’s conduct in regard to Internet gambling. The State Government has recently made a subtle shift in its attitude toward online gambling and the anti-gambling campaigners have gotten quite upset.

After a long time spent worrying about the online gambling operator Betfair, the government has changed its tune and has gone so far as to offer its own license to construct an operation that is quite similar to the Tasmanian-based company.

Betfair was the very first betting exchange to be licensed within Australia. Conducted over the Internet, the operation is set up to work like the sharemarket in the sense that punters bet against each other and there is no bookmaker or tote acting as a middleman. Since their beginnings in 2006, Betfair has changed the atmosphere of the racing industry because punters can bet on horses to lose. This has increased the incentive to fix races from time to time and everyone is increasingly worried about this potential phenomenon.

Earlier this year, Western Australia lost a battle in the High Court to block Betfair from that state and ever since, other states that may have objected have had to grin and bear it and accept the website’s presence. People who were remarkably concerned about the possibilities of seeing fixed races become common practice have had their fears assuaged somewhat since Betfair has a squeaky clean record of complete transparency. Folks who oppose internet gambling are still calling for a ban against all advertisements for the new betting exchange but the Gaming Minister has rejected that idea.

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