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Aussie
Rules
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Media Release
MEDIA RELEASE BETFAIR INSTRUMENTAL IN FACILITATING ARRESTS 1 st September 2004: Betfair has played a key role in helping the police with their investigations into corruption in horse racing, leading to the arrests made today by the City of London police. Some of the evidence which led to the arrests resulted from the sophistication of technology now available, where all bets can be tracked, and all transactions linked to an end customer. Betfair has for some time been in discussions with the Jockey Club to use Betfair’s audit trail to investigate activity which it believed warranted further enquiry. The Jockey Club subsequently referred evidence from Betfair to the City of London police. Betfair has long maintained that the transparency of its exchange model, with the audit trail it provides, is a tremendously powerful weapon in assisting the authorities in keeping sport clean. The capability and use of tracking every mouse click is an important asset for investigations of this nature. It is now important that the judicial process is allowed to take its course, and it would thus be inappropriate for Betfair to make any further comment on today’s events. Ends
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