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Betdaq Unaffected by Betting Drought

U.K.’s second biggest betting exchange is in robust health, says Betdaq’s Rob Hartnett

Sunday 18th April 2004

Betdaq has announced that profits are still healthy despite reports of poor performances elsewhere in the industry. Bookmakers’ fears that the current void in televised horseracing will dent profits were apparently confirmed by a disappointing Easter Monday. However, Rob Hartnett at Betdaq claims the betting exchange was unaffected.

'Our overall turnover figure of Ł6.4 million on Easter Monday was five times that on the equivalent day last year, which belies the stories of gloom elsewhere,' he said. 'Our registrations, deposits and overall racing turnover have all risen since the start of the month and while TV racing is a definite plus in the long run, we are not experiencing any falling off in the short term and remain very positive about the sport's long term health as a betting medium.'




Source: OnlineCasinoNews