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If you are on the internet and the store front (Betfair) is in the UK wouldn't you be bound by their laws?
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GL getting an answer here.
While BF is buying TVG other online bookmakers are going to jail.
BF does book bets besides being an exchange. In fact their entire business plan after setting up the exchange was how to extract same money from losers that the winners are-whether it be via SP, multiples, exchange games, casino games et al. SP and multiples are examples of booking bets.
YEs BF do not take Americans and that is a difference but they did at one point and online gambling is still illegal in the US according to the federal government and here we have an online gambling company buying US assets.
Same place that matched $100mill in the last US presidential election now owns assets in the US and is even pushing further-sponsoring races, trying to get stealth legislation passed. Do I have to point out one could literally fund a political assination by merely selling the other side on BF?
It is absurd beyond belief-who's laws are they bound by exactly?
WHo the f knows?
