Betfair Signs Annette_15 and Talks With New South Wales
This is just one of the recent things that Betfair is doing to broaden their gaming, they have had negotiations with New South Wales and it has been reported that these talks are to obtain a license to operate there.
The residences of New South Wales that gamble online are an estimated twenty-five percent according to the Gaming and Racing Minister Graham West who feels the state could be losing out on this and with Betfair.com being licensed in an Australian jurisdiction it is convenient for people to get online to gamble.
Betfair will find opposition in New South Wales with the National Party who insists on great caution in talks with betting operators, including the Shadow Minister for gaming and racing George Souris. He has stated that many countries who allow horse racing they have banned betting exchanges, he also feels they can be corrupted.