Betfair hosted offshore?

$ traceroute www.betfair.com
traceroute to www.betfair.com (212.62.21.228), 30 hops max, 40 byte packets
1 ipcop (192.168.0.3) 0.602 ms 0.427 ms 0.348 ms
2 esr3.birmingham5.broadband.bt.net (217.32.86.142) 42.742 ms 28.580 ms 39.899 ms
3 217.32.86.13 (217.32.86.13) 30.034 ms 56.694 ms 29.710 ms
4 213.1.67.14 (213.1.67.14) 32.574 ms 34.695 ms 34.128 ms
5 213.1.67.249 (213.1.67.249) 37.568 ms 46.244 ms 42.176 ms
6 87.237.20.240 (87.237.20.240) 33.747 ms 46.761 ms 67.922 ms
7 bundle-ether1.lontr1.London.opentransit.net (193.251.255.101) 38.965 ms 52.486 ms 33.959 ms
8 te1-2.lonse1.London.opentransit.net (193.251.129.78) 33.942 ms 41.457 ms 34.974 ms
9 peercweurope.GW.opentransit.net (193.251.150.234) 114.097 ms 48.596 ms 43.918 ms
10 xe-11-1-0.xcr1.lsw.cw.net (195.2.25.53) 44.986 ms xe-7-3-0-xcr1.lsw.cw.net (195.2.25.134) 49.432 ms xe-11-2-0.xcr1.lsw.cw.net (195.2.25.57) 46.117 ms
11 * * *
12 ge-5-0-0.dcr1.lsw.cw.net (195.2.21.158) 48.420 ms 51.753 ms ge-0-0-0.dcr1.lsw.cw.net (195.2.21.154) 68.000 ms
13 so-0-0-0.ycr1.lo1.cw.net (195.2.25.182) 61.598 ms 56.781 ms 45.889 ms
14 po-1-0-17-ahr2.lo1.cw.net (195.2.13.174) 43.865 ms 43.650 ms 59.031 ms
15 csr01-ve240.lo1.cw.net (64.69.188.2) 53.456 ms 69.598 ms 45.988 ms
16 * * *
17 * * *
I've tried whois for these .cw.net names but it says they are malformed.
Interesting.