The Financial Times has an interesting story featuring what it says is a means by which overseas gamblers can use loosely regulated partner sites to access UK platforms, such as Betfair.
Its reporters say they used loopholes to enable anonymous gambling, and to avoid checks on their identities and the provenance of their money.
Peter Jackson, boss of Betfair parent Flutter, told BBC Radio 4's Today programme: "Betfair is a company that operates in 100 countries around the world. Here in the UK if you do want to open an account you have to go through very stringent checks.
"We do have partners who operate on our platform, we ask them to make sure that their customers adhere to the same very high standards that we do.
"We will look into understanding what has happened here."
Video caption: Cricket is now a lucrative sport, with major sponsors and broadcast rights worth billions.Cricket is now a lucrative sport, with major sponsors and broadcast rights worth billions.
Derby and Villa 'battle for biggest prize in football'
Getty ImagesCopyright: Getty Images
Aston
Villa and Derby County compete in the Championship Play-Off final at Wembley on Monday, with Deloitte calling it "the most lucrative one-off match in world football".
Its Sports Business Group says promotion to the Premier
League will see an increase in revenue of at least £170m,
rising to a minimum of £300m if they avoid relegation in their first season.
Dan
Jones, partner and head of the Sports Business Group at Deloitte, said:
“This season’s Championship has been tremendously competitive at the top-end of
the table, and the play-off games so far have provided great entertainment for
neutral football fans.
“This
winner-takes-all clash will once again be a great advertisement for the
Championship, with the winner guaranteed to see a significant boost to their
revenues."
Live Reporting
All times stated are UK
Backdoor to Betfair via overseas gambling sites?
Today Programme
BBC Radio 4
The Financial Times has an interesting story featuring what it says is a means by which overseas gamblers can use loosely regulated partner sites to access UK platforms, such as Betfair.
Its reporters say they used loopholes to enable anonymous gambling, and to avoid checks on their identities and the provenance of their money.
Peter Jackson, boss of Betfair parent Flutter, told BBC Radio 4's Today programme: "Betfair is a company that operates in 100 countries around the world. Here in the UK if you do want to open an account you have to go through very stringent checks.
"We do have partners who operate on our platform, we ask them to make sure that their customers adhere to the same very high standards that we do.
"We will look into understanding what has happened here."
Puma unveils new Manchester City kit
German sports kitmaker Puma has unveiled the first football shirt of its new partnership with English treble-winners Manchester City.
The size of the deal has not been disclosed, but media reports suggest it could be worth up to £65m a year for 10 years.
It also covers sister clubs in Australia, Spain, Uruguay and China.
Puma chief executive Bjorn Gulden said it was the biggest deal his firm had ever done.
Prior to the new deal, City were outfitted by American giants Nike.
FA agrees £50m sponsorship deal with BT
By Dan Roan
BBC sports editor
The Football Association announces a five-year sponsorship deal worth around £50m with BT.
Read moreHow is money changing world cricket?
Video content
Real Madrid 'most valuable club in Europe'
By Bill Wilson
Business reporter, BBC News
The Spanish club tops KPMG's study of top sides' "enterprise value", ahead of Man Utd and Bayern Munich.
Read moreDerby and Villa 'battle for biggest prize in football'
Aston Villa and Derby County compete in the Championship Play-Off final at Wembley on Monday, with Deloitte calling it "the most lucrative one-off match in world football".
Its Sports Business Group says promotion to the Premier League will see an increase in revenue of at least £170m, rising to a minimum of £300m if they avoid relegation in their first season.
Dan Jones, partner and head of the Sports Business Group at Deloitte, said: “This season’s Championship has been tremendously competitive at the top-end of the table, and the play-off games so far have provided great entertainment for neutral football fans.
“This winner-takes-all clash will once again be a great advertisement for the Championship, with the winner guaranteed to see a significant boost to their revenues."
Premier League stadium rights 'undersold'
By Bill Wilson
Business reporter, BBC News
Teams are missing out on £142m, with Man United's ground the most valuable asset, a report says.
Read moreGlobal sports sponsorship 'to hit £35bn'
By Bill Wilson
Business reporter, BBC News
But sports rights-holders may be under-exploiting the value of sponsorship deals, a report says.
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Test how your wages stack up against a selection of some of the world’s top footballers.
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