Business Services Industry
British bookmaker raps internet gambling sites.
Knight Ridder/Tribune Business News, September, 2004
By Ian Lyall, Daily Mail, London Knight Ridder/Tribune Business News
Sep. 7--William Hill chief executive David Harding let rip at internet betting exchanges which have been vilified for their role in horse racing's latest race-fixing scandal.
He slammed the fact that anyone can operate as unlicensed bookies on websites -- such as Betfair and Betdaq -- which are unregulated and do not pay tax.
"If I went into a pub and set myself up as a bookmaker, I would be arrested," he said. "If I go on the internet and do it on the exchange they would give me the Queen's Award for Industry."
Harding's outburst came as William Hill, the UK's second-largest bookmaker, delivered a bumper set of half-year results -- with profits up by...
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