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Tag Archives: Interactive Gaming Holdings
The provision of credit is something that BetFair currently offers, in certain, circumstances.
I asked Niall O’Connor what the hell that could mean. It means that they allow bookmaking companies like the now defunct Interactive Gaming Holdings to hedge on their exchange; with Betfair’s money – hence the allegation that the company went … Continue reading
Posted in Betting, Business, Exchanges & Markets
Tagged Interactive Gaming Holdings, Niall O'Connor
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Betfair must display its revolutionary credentials.
When publishing its results for the year ended 30 April 2007, Betfair said that it was in a “Very strong cash position with 180m stg of corporate funds at the year end in addition to 174m of client funds held … Continue reading
Betfair partner goes to the wall.
ON 20 August 2007 Interactive Gaming Holdings (IGH) announced that its online betting companies had ceased taking bets pending clarification of the company’s financial health. IGH’s shares had been suspended on August 17, after a mooted financial loan had failed … Continue reading