European Betting Exchange Launches Online Site
LONDON -- (PRESS RELEASE) -- The European Betting Exchange Plc.
("betbull" or "the Company") announces that it has successfully launched its
live person-to-person horse racing only betting exchange site
("the site").
The site is the first and only exchange which allows the racing industry
to participate in - and benefit from - a split commission agreement with
betbull. This historic move will allow German horse racing to receive a share
of the generated commissions.
The site is a ground-breaking co-operative between racing associations
and bookmakers - and represents betbull's successful first step in delivering
on its stated b2b strategy. The Company had previously announced its
existing, exclusive partnerships with the racing associations of Munich and
Baden Baden and expects other racing associations and bookmakers to join the
co-operative in the coming weeks and months.
The existing partnerships provide betbull with the exclusive rights to
promote its live betting exchange at the race tracks themselves - and on
Sunday 17th April there will be the first such presentation at Munich race
course.
Race-goers at Munich-Riem will have a chance to register and bet with
http://www.betbull.de this Sunday 17th April when betbull staff will be available to
show customers in detail how a betting exchange works. In addition betbull is
sponsoring the feature race of the day - The Jenny Cup.