Betfair pulling out of a dozen countries, including Canada

[Southieboy]

Betfair, the British-based exchange-wagering company that owns Television Games Network, plans to withdraw from a dozen countries where the company has faced difficult regulatory conditions or questions about its legality, the company said on Thursday when announcing financial results for the past six months.

The countries include Germany, Greece, Canada, and Russia. All together, the countries that Betfair will withdraw from accounted for about 24 percent of its revenue in the last fiscal year, the company said.

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

[Bob B]

Fatl's not going to like this.