Ed Wray interview in todays Daily Telegraph

Ed Wray feels like he is being singled out. Success, claims the founder of Betfair, is no longer fashionable.

The premium charge, Ed?

Success will always be fashionable to me.

Would there be any ramifications for a Betfair punter should this happen? If so, what would they be?
Cheers.

Increased pressure for short-term company profit.

Commission etc pushed to the limit.

http://www.telegraph.co.uk/finance/6686216/Betfair-chairman-Ed-Wray-Too-many...

Oh what irony! He seems to be whingeing about punitive taxes, in fact, his criticism of Capital Gains Taxes seems to be based on the fact that it was changed for the worse because of the perception that 'a few hundred were taking advantage of things.' Premium charge anyone??

whinges about tax what the effing hell does he think betunfair are doing to us all.

i very much doubt ed wray appreciates the irony of his comments, just demonstrates how little he has his finger on the pulse when it comes to betfair now

tony clare is the man i am led to believe is responsible for introducing premium charge, and i very much doubt that ed or bert could even explain how to calculate it properly, off the top of their heads

Well whatever his views on a 50% income tax or perceived unfair capital gains tax, neither will be applied RETROSPECTIVELY Mr Wray.

Success, claims the founder of Betfair, is no longer fashionable.

He probably thinks the merchant banking sector is the acme of success.
After all, they managed to rip off the taxpayer for zillions.

Where would we all be if these top international minds had left the country years ago?

Solvent maybe?

It just goes to show that having a license to print money does not mean you cannot go bankrupt.

The bigger the company the more they want betunfair just following the trend.

my heart bleeds for him.

Eldrick .The chap that trys to explain to you about the pc charge does not come accross very clever.it seemed like he was reading out of a A .book and did not understand himself.All he seemed to do was slobber on how it will effect a very small number of players and would benifit us all in the future the only all it will benifit is surely betfair.can only be classed as TAX.A GREED TAX.

symptomatic of a company that's lost the plot imv.

Car: BMW Z5 :^0 :^0

IN THE END THEY WILL REGRET

Regret what ?.
Creating BF ?.
Don't think so somehow.

DUMMY OF COURSE NOT THE SUCCESS OF BETFAIR .THE UNETHICAL PC CHARGE

They will never realise that things could have been better if they had gone about it a different way.

spot on moonlight.

they should give people a choice of payment schemes, to reflect the fact that traders and gamblers are different, and they need both.

I'd much rather pay 10% on all winning markets than get gouged every tuesday for having the temerity to do well. probably the worst thing about the PC is the psychological effect of seeing a wadge of cash taken off you once a week unrelated to any particular activity.

pay it once, resent it forever.