New Posts For Thread: Rich Ricci, owner and bookmaker, a conflict of interests?https://community.betfair.com/cheltenham2011/go/thread/view/113609/30828599/rich-ricci-owner-and-bookmaker-a-conflict-of-interestsIf a trainer applied for a bookmaker's licence, it would be declined for obvious reasons. However, if you put your horse's in your wife's name then all is ok. My issue is that ultimately the owner is more influential than the trainer at choosing theOn a slightly different note, I don't know how BSkyB are allowed to have a 20% stake in Skybet and own a Sports News company.Surely that's a conflict because they can qoute their "sky sources" on SSN or their website, which can massively effect markehttps://community.betfair.com/cheltenham2011/go/thread/view/113609/30828599/rich-ricci-owner-and-bookmaker-a-conflict-of-interests?post_id=551387497#551387497On a slightly different note, I don't know how BSkyB are allowed to have a 20% stake in Skybet and own a Sports News company.Surely that's a conflict because they can qoute their "sky sources" on SSN or their website, which can massively effect markeSat, 11 Mar 2017 05:47:44 -0600It's an obvious conflict of interest from a punter's point of view but it doesn't matter from his point of view as there's nothing to stop him. The betting industry is so weakly regulated it's no wonder merchant bankers are attracted. Regulation of thttps://community.betfair.com/cheltenham2011/go/thread/view/113609/30828599/rich-ricci-owner-and-bookmaker-a-conflict-of-interests?post_id=551373099#551373099It's an obvious conflict of interest from a punter's point of view but it doesn't matter from his point of view as there's nothing to stop him. The betting industry is so weakly regulated it's no wonder merchant bankers are attracted. Regulation of tThu, 09 Mar 2017 07:11:38 -0600Betbright are an awful bookmaker, and he clearly is in bookmaking to fleece the punters and make himself a buck.https://community.betfair.com/cheltenham2011/go/thread/view/113609/30828599/rich-ricci-owner-and-bookmaker-a-conflict-of-interests?post_id=551371685#551371685Betbright are an awful bookmaker, and he clearly is in bookmaking to fleece the punters and make himself a buck.Wed, 08 Mar 2017 20:17:56 -0600RR was a colleague and mate of Bob Diamond, the CEO of Barclays (then) who was told to clear his desk in the midst of the Banking Crisis; he was asked to head an investment division of BZW, a subsidiary of Barclays, and was remunerated handsomely whehttps://community.betfair.com/cheltenham2011/go/thread/view/113609/30828599/rich-ricci-owner-and-bookmaker-a-conflict-of-interests?post_id=551370457#551370457RR was a colleague and mate of Bob Diamond, the CEO of Barclays (then) who was told to clear his desk in the midst of the Banking Crisis; he was asked to head an investment division of BZW, a subsidiary of Barclays, and was remunerated handsomely wheWed, 08 Mar 2017 16:36:15 -0600I think he has a genuine interest in owning horses but i dont think hes bringing anything to the sport. If he didnt buy them someone else would.I dont think his bookmaking is based on interest in the sport though. It doesnt strike me as a hobby or ahttps://community.betfair.com/cheltenham2011/go/thread/view/113609/30828599/rich-ricci-owner-and-bookmaker-a-conflict-of-interests?post_id=551367601#551367601I think he has a genuine interest in owning horses but i dont think hes bringing anything to the sport. If he didnt buy them someone else would.I dont think his bookmaking is based on interest in the sport though. It doesnt strike me as a hobby or aWed, 08 Mar 2017 12:45:11 -0600no but i feel hes an addition to the sport.and mostly gets a negative press.he has bought a lot of horses and invested in a hobby that most of us would agree is heavily weighted against making money out it as an owner.https://community.betfair.com/cheltenham2011/go/thread/view/113609/30828599/rich-ricci-owner-and-bookmaker-a-conflict-of-interests?post_id=551364655#551364655no but i feel hes an addition to the sport.and mostly gets a negative press.he has bought a lot of horses and invested in a hobby that most of us would agree is heavily weighted against making money out it as an owner.Wed, 08 Mar 2017 07:32:16 -0600...and that was said in jest xhttps://community.betfair.com/cheltenham2011/go/thread/view/113609/30828599/rich-ricci-owner-and-bookmaker-a-conflict-of-interests?post_id=551364631#551364631...and that was said in jest xWed, 08 Mar 2017 07:29:17 -0600Kavvie, have you got posters of RR on your bedroom wall?https://community.betfair.com/cheltenham2011/go/thread/view/113609/30828599/rich-ricci-owner-and-bookmaker-a-conflict-of-interests?post_id=551364625#551364625Kavvie, have you got posters of RR on your bedroom wall?Wed, 08 Mar 2017 07:28:45 -0600Was said in jest Kavviehttps://community.betfair.com/cheltenham2011/go/thread/view/113609/30828599/rich-ricci-owner-and-bookmaker-a-conflict-of-interests?post_id=551364537#551364537Was said in jest KavvieWed, 08 Mar 2017 07:09:03 -0600he has an eye condition that leads to wearing themhttps://community.betfair.com/cheltenham2011/go/thread/view/113609/30828599/rich-ricci-owner-and-bookmaker-a-conflict-of-interests?post_id=551364513#551364513he has an eye condition that leads to wearing themWed, 08 Mar 2017 07:05:12 -0600