New Posts For Thread: Betfair to withdraw from 12 markets with uncertain regulatory environmentshttps://community.betfair.com/general_betting/go/thread/view/94082/29625831/betfair-to-withdraw-from-12-markets-with-uncertain-regulatory-environmentsBetfair to withdraw from Canada, Germany, Greece, Russia and 8 other markets with uncertain regulatory environments. This is a big deal for me, what are the other markets and does withdraw mean betfair will actively block customers logging in on fromUnfortunately, dave1357, I am sure there is an element of this that Betfair's reps (and legal teams) are constantly having to deal with.Perhaps a 'zero tolerance' approach is necessary if they are going to progress forward. (recently did this with myhttps://community.betfair.com/general_betting/go/thread/view/94082/29625831/betfair-to-withdraw-from-12-markets-with-uncertain-regulatory-environments?post_id=528160367#528160367Unfortunately, dave1357, I am sure there is an element of this that Betfair's reps (and legal teams) are constantly having to deal with.Perhaps a 'zero tolerance' approach is necessary if they are going to progress forward. (recently did this with myFri, 18 Jan 2013 08:02:08 -0600Shapeshifter - your logic is sound but unfortunately the government "negotiators" are either incompetent or corrupt (I include being heavily influenced by local business interests in my definition of corrupt).https://community.betfair.com/general_betting/go/thread/view/94082/29625831/betfair-to-withdraw-from-12-markets-with-uncertain-regulatory-environments?post_id=528159673#528159673Shapeshifter - your logic is sound but unfortunately the government "negotiators" are either incompetent or corrupt (I include being heavily influenced by local business interests in my definition of corrupt).Fri, 18 Jan 2013 07:20:53 -0600bf fanatic,I think it is more coming down to the negotiation with governments elsewhere. These bodies are 'partners' in business and tax relief and/or alliances are always possible.I am aware of a tech firm from outside the UK that does not need lenhttps://community.betfair.com/general_betting/go/thread/view/94082/29625831/betfair-to-withdraw-from-12-markets-with-uncertain-regulatory-environments?post_id=528131321#528131321bf fanatic,I think it is more coming down to the negotiation with governments elsewhere. These bodies are 'partners' in business and tax relief and/or alliances are always possible.I am aware of a tech firm from outside the UK that does not need lenThu, 17 Jan 2013 07:46:49 -0600The conservaties need to learn fast how important services at home intergrate with its citizens livlyhoodsand how important it is for britain to intergrate with its niehbours markets with better funding beforewe sink to an all time low.https://community.betfair.com/general_betting/go/thread/view/94082/29625831/betfair-to-withdraw-from-12-markets-with-uncertain-regulatory-environments?post_id=528119673#528119673The conservaties need to learn fast how important services at home intergrate with its citizens livlyhoodsand how important it is for britain to intergrate with its niehbours markets with better funding beforewe sink to an all time low.Wed, 16 Jan 2013 18:49:26 -0600Leaving the EU completely will prove to be an even bigger mistake for this governmentthan either the effect on the economy of massive cuts and over control of the banksor the announcement of reducing the police force numbers had on the followingoutbrhttps://community.betfair.com/general_betting/go/thread/view/94082/29625831/betfair-to-withdraw-from-12-markets-with-uncertain-regulatory-environments?post_id=528119565#528119565Leaving the EU completely will prove to be an even bigger mistake for this governmentthan either the effect on the economy of massive cuts and over control of the banksor the announcement of reducing the police force numbers had on the followingoutbrWed, 16 Jan 2013 18:45:33 -0600From what I can find, they are making the move not to acquire new customers in these countries and will (a) honor payments and keep existing accounts alive and (b) any existing agreements with partners in those countries will be honored.It means thathttps://community.betfair.com/general_betting/go/thread/view/94082/29625831/betfair-to-withdraw-from-12-markets-with-uncertain-regulatory-environments?post_id=528052089#528052089From what I can find, they are making the move not to acquire new customers in these countries and will (a) honor payments and keep existing accounts alive and (b) any existing agreements with partners in those countries will be honored.It means thatMon, 14 Jan 2013 14:57:50 -0600Longbridge is correct, but it seems they will close down Germany, but I thought that had allready happened ? This is from Betfair's financial report released on December 13th : Focus on regulated jurisdictionsBetfair‟s international expansion, levhttps://community.betfair.com/general_betting/go/thread/view/94082/29625831/betfair-to-withdraw-from-12-markets-with-uncertain-regulatory-environments?post_id=528041785#528041785Longbridge is correct, but it seems they will close down Germany, but I thought that had allready happened ? This is from Betfair's financial report released on December 13th : Focus on regulated jurisdictionsBetfair‟s international expansion, levMon, 14 Jan 2013 08:38:59 -0600To late longbridge. I cancelled my 1.01 back when I read the link put up by bloder Wichser.https://community.betfair.com/general_betting/go/thread/view/94082/29625831/betfair-to-withdraw-from-12-markets-with-uncertain-regulatory-environments?post_id=528041431#528041431To late longbridge. I cancelled my 1.01 back when I read the link put up by bloder Wichser.Mon, 14 Jan 2013 08:24:12 -0600Eddie, I certainly hope so. I am in Germany but only as a visitor.https://community.betfair.com/general_betting/go/thread/view/94082/29625831/betfair-to-withdraw-from-12-markets-with-uncertain-regulatory-environments?post_id=528041421#528041421Eddie, I certainly hope so. I am in Germany but only as a visitor.Mon, 14 Jan 2013 08:23:52 -0600@Eddie - I'll lay that - want to put up £10k to win £100?@xnada - if you listen to the analyst presentation that article refers to (which is available on the BF corporate website) it's pretty clear that 'withdrawal' in this context is about ceasinghttps://community.betfair.com/general_betting/go/thread/view/94082/29625831/betfair-to-withdraw-from-12-markets-with-uncertain-regulatory-environments?post_id=528041133#528041133@Eddie - I'll lay that - want to put up £10k to win £100?@xnada - if you listen to the analyst presentation that article refers to (which is available on the BF corporate website) it's pretty clear that 'withdrawal' in this context is about ceasingMon, 14 Jan 2013 08:10:54 -0600