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Ireland May Give a
Little Luck to an Online Casino Co.
Sept. 8-06
The luck of the Irish is being tried
once more as Betfair, the online gaming provide, strikes a deal
with both the Irish Football Association and Horse Racing Ireland.
Although there has been much speculation about the union between
the association and the online casino having something to due with
the recent scandal concerning Irish Football, the companies hold
that their agreement has no relation.
As apart of the partnership Betfair
will negotiating a 4.5 million euro deal with the respective
companies.
In order to make certain that all
aspects of the Betfair IFA union is on the up and up, the
contractual agreements state that the association may request any
and all information concerning Betfairs transactions so that the
company may be monitored. This will be done in hopes o prevent
fixed matches and other shady dealings that often become
associated with such unions.
The information sharing agreement will
allow the casino to operate freely as long as all transaction are
within guidelines. Betfair agreed to the proposal because they
would like to be given the trust of their patrons and the general
community. The online casino is counting on the union to be very
lucrative and does not want anything to jeopardize its success.
The online casino will push forward
over the next couple of weeks and create a an Irish market that
will hopefully become a viable area for Betfair to conduct
business. With the current legislation surrounding online casinos
that deal with sports betting as their primary gambling medium, it
is their hope to create new markets so that they will not have to
fully depend on the state of internet casino legality in the US.
-Current
Online Casino News-
-September
News-
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