Where did all the locked out bettors go ?

The volume is up on the other color..

but most of us are leaving the country to austria.

But man this is not an easy decision if betfair givs u 2 days

Still standing, it looks as if you'll be fine. In most of those countries all Betfair is doing is stop spending money, but letting them stay open.
  this is from Betfair latest financial report released on December 13th :

  Focus on regulated jurisdictions
Betfair‟s international expansion, leveraged a centralised product to offer services to new geographies at low marginal cost. This approach was successful in growing international revenues to almost 50% of total Betfair revenues.
More recently, however, an increasing number of countries have, or are in the process of, introducing gaming regulation. This brings additional costs such as taxation and compliance costs, and in some cases results in risk to revenues if, for instance, product limitations are introduced. This risk has recently been illustrated in Germany, where we invested over a number of years to build a business with annual revenues of £13 million. Following changes in taxation laws in July 2012, which, if applicable, make our exchange model unviable, we have chosen to withdraw from the market. Other examples exist, including France, Greece and Cyprus.
We are addressing regulatory uncertainty by ceasing marketing and other investment in countries where we are not confident there is sufficient near-term regulatory visibility until such clarity is received. These countries contributed 24% of Group revenue in the first six months of the year and included 8% from Cyprus, Germany and Greece.
Stopping investment in these markets will allow greater focus on markets that are regulated or are in the process of regulating in the near term.
We anticipate that revenue from these jurisdictions will reduce over the next few years, reflecting our suspension of marketing and other local activity. While this will act as a drag on Group revenue growth for a period of time, we believe it better positions the company for the long-term and ensures that the quality of

Still Standing....do you have a link to the list of countries?

nothing s fine here in germany, we cant use the exchange thats all

i dont why betfair hasnt done a deal with germany for very ingoing we tax 5 % or for profits same tax as for other financal products like stocks

Thanks for that Eddie, it eases my mind a little.

Shapeshifter, I don't know all the countries.  I looked at a link Xnada posted on another thread.  It only listed 4 countries,Canada was on it so I didn't investigate further.  The article  said a dozen were on the list.  So, with thanks to xnada, here is the link he gave:


http://www.drf.com/news/betfair-pulling-out-dozen-countries

Shapeshifter, someone listed thse 10 on another thread :

Germany, Austria, Switzerland, Russia, Ukraine, Poland, Finland, Norway, Canada, and Greece.

As I understand it, Germany is allready excluded, so the missing two countries may be France and Spain ?

  I think the remaining 9 will still be open for betting. Betfair is in these countries just not advertising and sacking whatever staff they may have had in these countrie, at least I know the country manager in Norway was asked to go early in December.